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MUMBAI: Kotak Mahindra Bank on Saturday reported a 40% year-on-year

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MUMBAI: Kotak Mahindra Bank on Saturday reported a 40% year-on-year fall in net profit to Rs 4,472.2 crore for the quarter ended June 2025, primarily due to a one-time gain

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MUMBAI: Kotak Mahindra Bank on Saturday reported a 40% year-on-year fall in net profit to Rs 4,472.2 crore for the quarter ended June 2025, primarily due to a one-time gain

File photo: Union minister Piyush Goyal (Picture credit: PTI) India’s Free Trade Agreement (FTA) with Oman is at an advanced stage and nearly finalised, Union Commerce and Industry Minister Piyush

File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman on Saturday said that sustaining economic growth in the face of global uncertainties remains India’s foremost priority.

This is an AI-generated image, used for representational purposes only. An Indian company that exported $1.4 million worth of an explosive compound to Russia last December said it complied with

File photo: Union minister Piyush Goyal (Picture credit: PTI) Union commerce and industry minister Piyush Goyal on Saturday said the European Union’s Carbon Border Adjustment Mechanism (CBAM) is likely to

NEW DELHI: Union commerce and industry minister Piyush Goyal on Saturday hailed the newly signed free trade agreement with the United Kingdom and said that the deal was signed on

‘Awful mistake’: South Korean fighter jet accidentally drops bombs on civilian area during US drill

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‘Awful mistake’: South Korean fighter jet accidentally drops bombs on civilian area during US drill
South Korean Air Force F-35A fighter jets fire flare shells during the joint military drill between South Korea and the United States at Seungjin Fire Training Field in Pocheon, South Korea, Thursday. (AP)

A South Korean fighter jet mistakenly dropped live bombs on a civilian area during a joint military drill with the US. on Thursday, injuring at least 15 people and damaging multiple buildings, including a Catholic church.
The MK-82 bombs, intended for a designated firing range, were “abnormally” released by a KF-16 fighter jet, the South Korean air force said. The incident took place in Pocheon, a city near the tense border with North Korea.
Reports indicate at least seven buildings sustained damage, including three houses and a greenhouse. Among the injured, two suffered serious but non-life-threatening wounds.
Pocheon’s mayor, Paek Young-hyun, slammed the incident as “awful” and demanded an immediate halt to military drills in the area until stronger safety measures are in place. The city, home to 140,000 people, provides three major firing ranges for the South Korean and US militaries.
In response, the military has suspended all live-fire drills across South Korea. The air force apologized and pledged a full investigation to determine what went wrong. Experts suggest drills will resume only after authorities establish stricter safeguards to prevent similar mishaps.





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