Foreign investors have pulled out nearly Rs 18,000 crore from Indian equities so far this month, weighed down by escalating US-India trade tensions, disappointing first-quarter corporate earnings, and a weakening Indian rupee.
IndiGo Airlines faced a penalty for poor service. A passenger complained about dirty seats on a Baku-Delhi flight. The New Delhi Consumer Commission ruled in favor of the passenger. They cited a violation of consumer expectations. IndiGo must pay Rs 1.75 lakh as compensation. This covers mental distress and legal costs. The airline had argued the issue was resolved.
German Chancellor Friedrich Merz has driven sweeping changes in security, economic and migration policy during his first 100 days in office, but faces widening cracks in his uneasy coalition. German voters have not yet fallen in love with Merz either.
Shohei Ohtani's 40th home run and Blake Snell's dominant pitching performance propelled the Los Angeles Dodgers to a 9-1 victory over the Toronto Blue Jays. Snell, in his second game back from injury, struck out 10 in five shutout innings. Max Muncy also homered, and Andy Pages drove in two runs as the Dodgers aim for a series sweep.
A quarterly bonus for two years was awarded to researchers and software engineers in the firm's applied engineering, scaling, and safety domains. Altman informed that the rise in compensation was a result of market dynamics, likely driven by the demand for AI talent.
NSDL’s 62.5% surge in three days post-listing has handed massive gains to early institutional investors, with SBI, IDBI Bank, and SUUTI each bagging a 650-bagger. Issued at Rs 800, the stock hit Rs 1,300.30 by August 8. SBI emerged the top gainer, turning a Rs 1.20 crore investment into Rs 7,801.80 crore with a 6,50,050% return.
Lainey Wilson's WHIRLWIND WORLD TOUR is set to hit Australia and New Zealand in February 2026, marking her New Zealand debut. Flatland Cavalry and Kaitlin Butts will join her as special guests. The tour includes headline shows in major Australian cities and an appearance at the Howlin’ Country Festival in Newcastle, following the release of her deluxe album.
A Victorian-era fort, Thorne Island, off the Welsh coast, is for sale at $4 million. Tech entrepreneur Mike Conner meticulously restored the derelict fortress into a luxurious, self-sufficient island retreat. Originally built in the 1850s to defend against invasion, it now boasts modern amenities and awaits a new owner with vision.
The Indian government is considering further easing norms for setting up petrol pumps to boost energy security and promote decarbonization. An expert committee has been formed to review existing guidelines and align them with national commitments to alternative fuels and electric mobility.
In Lucknow, young adults are being lured into cyber fraud schemes by renting out their bank accounts for quick cash. These accounts are used to launder money from various cybercrimes, which is then converted into cryptocurrency and sent abroad. Police are cracking down on these mule accounts, revealing a complex network connecting local facilitators to international handlers.
Michael Paul Brown was captured on Friday, August 8, 2025, near Anaconda, Montana, following a week-long search after a shooting at the Owl Bar that resulted in four fatalities. Law enforcement, numbering around 130, intensified their efforts based on tips, leading to Brown's capture. The community expresses relief, while authorities prepare to prosecute Brown for the killings.
A top Italian diplomat emphasizes India's crucial role in the IMEC project, highlighting its significance as a major market, producer, and protagonist in trade, energy, and data connectivity. The IMEC initiative aims to integrate Asia, the Middle East, and Europe through vast networks. Italy is pitching Trieste as a key hub, with plans for a meeting to showcase its potential.
BEML Limited, a state-owned firm, has secured its first international contract in the rail and metro sector from Malaysia, valued at USD 1 million, for the retrofit and reconditioning of their Mass Rapid Transport System. This milestone coincides with BEML's recent inauguration of a new warehousing facility in Bengaluru, aimed at bolstering India's aerospace growth and supporting global OEMs.
Indian Railways has commenced the transportation of industrial salt by flagging off its first rake from Sanosara to Dahej, which will boost the region's salt industry and increase freight revenue. The first rake carried 3851.2 tonnes of industrial salt, covering 673.57 km and generating ₹31.69 lakh in earnings.
Delhi Traffic Police will mark accident-prone 'black spots' on Google Maps to alert commuters in real-time, starting with the 2024 list of 111 locations. These spots, identified by frequent accidents within a 500-meter radius, caused 1,132 accidents with 483 fatalities. The initiative aims to improve road safety by providing timely information and addressing engineering issues at these high-risk areas.
The Sturgeon Moon graced the skies in early August. Skywatchers enjoyed the golden orb as it rose. The name comes from the abundance of sturgeon fish. Native American tribes have other names too. The next full moon is the Harvest Moon in September 2025. A total lunar eclipse will occur then. However, North America will miss the eclipse.
Senior Chinese diplomat Liu Jianchao, a potential foreign minister, is reportedly under investigation after being taken away by authorities upon returning to Beijing. This marks the highest-level probe since the ousting of former Foreign Minister Qin Gang. Liu's extensive travels and meetings, including with Antony Blinken, had fueled speculation about his future role.
In Kishtwar's Dul area, security forces engaged in a gunfight with terrorists. The operation is currently underway. This follows the death of two soldiers in Kulgam district. Tributes were paid to Lance Naik Pritpal Singh and Sepoy Harminder Singh. One terrorist was neutralised in the Kulgam operation.
The Bank of England unexpectedly cut interest rates amidst economic uncertainty, while the US services sector stagnated due to weak demand and rising costs. Globally, China's exports surged, and Japan's household spending showed resilience.
Bengaluru is experiencing heavy rainfall, prompting the IMD to issue a yellow alert for the next 48 hours. Continuous showers have led to waterlogging, disrupting traffic and affecting residents in low-lying areas. The southwest monsoon's revival is causing widespread showers, with moderate rain expected to persist over the next few days, potentially extending the alert.
Pakistan’s decision to block Indian-registered aircraft from its skies has cost the Pakistan Airports Authority more than ₹1,240 crore in just over two months, according to its defence ministry. The ban, introduced after India suspended the Indus Waters Treaty following a terror attack in Jammu and Kashmir, has reduced Pakistan’s transit traffic by nearly 20 per cent. Both countries continue to restrict each other’s airspace amid ongoing military and diplomatic tensions, with the restrictions now set to last until late August.
