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Postlar arxiv
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Yet another senior citizen became a victim of a digital arrest cyber scam.
Please talk to the ones around you.
These are not small amounts! (TOI)
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Hindustan Aeronautics and French firm Safran Helicopter Engines are partnering to make engines for a 13-tonne helicopter that India is building indigenously. (BS)
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Did the US Import tariffs impact Indo-US trade?
Yes. India's trade surplus has reduced by around 28% y-o-y. (BS)
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Woah!
Memory chips make up half the cost of devices like laptops, tablets and PCs!
Get ready for more price hikes as these costs don't seem to be coming down any time soon. (BS)
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2026 has been a bumper for IPOs and it's not yet over!
Coming up next is Anthropic, which could be even larger than SpaceX.
Then there are others like Oura, a smart ring maker, expected at $11 billion, followed by Switch, SB Energy, NScale, Inspire Brands and then probably OpenAI! (WSJ)
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Ok, so they settled that potential trillion dollar liability by agreeing to pay $16.7 billion.
Meta Platforms still denied allegations and the settlement is also not an agreement of wrong-doing. (DH)
BTW, what's your verdict?
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Flock Safety has installed 120,000 AI enabled street cameras in 49 US States and captures 20 billion licence plates a MONTH! (WSJ)
Is "Big Brother" watching you??
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Going forward, in all official documentation, effective 25th August 2026, please use KERALAM instead of KERALA. (FE)
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India again topped the Mint Emerging Market Tracker that's based on a number of parameters.
Malaysia moved up 4 places. (Mint)
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RBI's August update says that the Indian economy is holding up, despite global challenges.
Inflation has crept up a bit, to 4.45% (FE)
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From September, you'll be allowed to withdraw money from your Employee's Provident Fund account, via UPI.
Currently withdrawals are permitted only through the EPFO's UAN portal. (FE)
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The Telecom authority is planning to allow those 1600 numbers to also RECEIVE calls. (Mint)
Currently, if you get a call or text from a 1600 number, you know it's genuine.
But if you have a question, or clarification, you need to go hunt for the official number.
This new system would "remove friction" and makes it easy!
I think it's a great idea!
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Swiggy starts food delivery INSIDE Cinemas. (FE)
If delivery people are going to walk around inside the halls and come to your seat... this is not such a great idea!
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The Senior Citizen Welfare Act is applicable to "senior citizen" children too! (DH)
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A husband, or anyone else in the house, cannot DEMAND that a wife does the household chores, or looks after her in-laws, or takes permission to go visit her parents, says the Karnataka High Court. (DH)
Nari-Shaktiarchy...
Today's Business news Headlines from :-
*Economic Times*
📝 US proposes increasing H-1B visa fee to more than $100,000
📝 After $20 mn bet in fund, Japan's Resona Bank deepens ties with Tata Capital for India play
📝 Government plans to award 11 airports in 5 bundles to private players under public-private-partnership model
📝 TCS to acquire Porsche IT unit MHP for €320 million
📝 UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volume
📝 Air passenger service prices rise 32% in June quarter; rail fares up 3.5%
📝 Xpeng's robotics unit valued at over $6.3 billion after record funding round
📝 D2C skincare brand Asaya raises Rs 88 crore funding at Rs 400 crore valuation
📝 Healthtech startup Healthify merges with US-based Berry Street
📝Trump to impose 7.5 percent tariff on Chinese goods
📝 DRL, Emcure get approval to make breakthrough HIV drug
📝 Full flow FCNR deposits could hit $100 billion, beat estimates
📝 Housing price index rises 1.1% in Q1 sequentially: RBI data
📝 Onion prices up 59%, govt ramps up 'Kanda Express' supplies to cool market
*Business Standard*
📝 FM Sitharaman to visit Canada and US from August 25 to September 2
📝 Blue Cloud kicks off $150-mn technology deal with SpaceX International
📝 I-T dept nudges non-audit taxpayers to file ITR before Aug 31 deadline
📝 Uttar Pradesh eyes ₹10,000 crore investment in energy value chain
📝 TVS Supply Chain, Japan's Sankyu sign pact to collaborate across services
📝 Godrej Industries Group plans to invest ₹20,000 crore in Haryana
📝 Suzlon to invest ₹10,000 crore for wind projects in Andhra Pradesh
📝IndiGo's Gangwal commits another ₹300 crore to IIT Kanpur medical school
📝L&T signs over ₹15,000 crore gas compression contract in West Asia
📝 India plans first tokenised corporate bond issue using blockchain in Sept
📝 UNDP, HUL partner to strengthen plastic circular economy across 50 cities
📝 IDFC First Bank, IIMCIP launch ₹2 crore startup incubation initiative
📝 Third Wave Coffee raises $43 mn in funding round led by WestBridge Capital
📝 Coal India sets up Singapore arm to pursue overseas critical mineral assets
📝 DP World to stay firm on its $5 billion India promise despite Gulf war
📝 58% of FY27 fertiliser subsidy budget used in less than 5 months
📝 Amazon, Flipkart revise seller fee structures ahead of festive season
📝 Infosys gives 70% variable pay for Q1 amid challenging demand environment
📝 Kharif sowing reaches near-2025 levels, just 1.5% lower till August 21
📝 Airtel Payments Bank Q1 net profit jumps 82% to ₹19 cr, revenue at ₹831 cr
*Financial Express*
📝 Tata Sons board to meet Sept 17 amid succession, AGM uncertainty
📝 Centre readies 11 airports for privatisation, with limit on bidder wins
📝 Ceigall India bags Rs 705 crore highway order from Road Transport Ministry in Arunachal Pradesh
📝 GRSE, Yantra India unveil Rs 3,420 crore projects to expand defence manufacturing in West Bengal
📝 Air travel PPI inflation at 31.94% in Q1 on war impact
📝 Mutual fund distributors account for over 75% assets from SIPs below Rs 500
📝 Tempsens Instruments IPO closes with 184x subscription; GMP near 97%
📝 Smart grid corporate funding jumps 36% to $1.9 billion in H1
*Mint*
📝 Hindustan Copper OFS: Government to sell up to 6% stake
📝 India negotiating trade deals with nations, blocs worth $15 trillion GDP: Goyal
📝 SoftBank plans $6.3 billion retail bond sale in Japan to raise funds for OpenAI
📝 US-based Plaud bets on India for faster AI wearables growth
https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E
📝 SIF AUM grows over fivefold in six months
📝 Scott Bessent eyes $1 trillion US Treasury cashpile for debt buybacks: Report.
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The Indian Govt is considering revamping safety features of 2-wheelers.
Over-speeding alerts, sound systems for "silent" EVs, reflective tyres... are some of them.
I recommend adding a simpler one... mandatory supply of TWO rugged ISI-mark helmets. (BS)
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Karnataka's FDA has ordered the suspension of the food licences of Amazon, Swiggy Instamart and BigBasket after finding that they'd been selling "toxic" datura fruits and seeds. (FE)
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10 years since inception and UPI (Unified Payment Interface) has become the world's largest real-time payment system. (BS)
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TCS plans to acquire Porsche's IT unit for $373 million.
This is TCS's 3rd acquisition since October last year. (FE)
