The top bets as ICICI, HDFC & others ready their scorecards

Rare earth minerals explained: Rare earths are vital for modern technology and defense applications. China dominates global processing, creating strategic supply chain vulnerabilities. Demand for these minerals is projected to grow significantly in coming years. India faces dependence on China for critical rare earth products. Diversifying supply chains requires substantial investment and international cooperation.

The Central Board of Secondary Education has issued new guidelines regarding third language assessments. Students must pass school-based internal assessments for their third language subject. This requirement is mandatory for receiving the CBSE Secondary School Examination pass certificate. The National Education Policy 2020 recommends learning three languages, with two being native Indian. CBSE aims to make language learning a meaningful and enriching experience for all students.

BMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November. Chinese rivals are developing sophisticated electric vehicles much faster. BMW's management is accused of underestimating the dynamic Chinese market. The company's future success hinges on its new electric vehicle strategy.

India's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for the Mumbai-based lender. This potential transaction represents a significant government-backed disposal of a bank stake. Final approvals are still required from the Indian cabinet and RBI.

The US FDA approved an at-home starting dose for Eisai and Biogen's Alzheimer's drug. This new subcutaneous formulation allows patients to self-administer injections, improving access. Previously, patients received intravenous infusions, typically at clinics, for initial treatment. This approval differentiates Leqembi from competitor Kisunla's infusion-only requirement. The drug targets amyloid beta plaques in the brains of Alzheimer's patients.

Akasa Air is raising funds through equity and debt to navigate industry challenges. The airline seeks eight billion rupees from investors and two point five billion rupees in loans. Existing owners will contribute five billion rupees to the equity portion. Despite headwinds, Akasa Air has expanded its operations locally. The company plans further capacity increases in the coming year.

A 170-year-old mosque near Kolkata airport is now a focal point for the state government's expansion plans. The Airports Authority of India has identified the mosque as a safety hazard and an impediment to runway extension. This structure is reportedly used by animals, causing frequent interruptions and compromising flight safety.