business Indian banking stocks are under review following decent Q1FY27 results across the sector. Goldman Sachs prefers PSU banks over private ones, noting FII cuts totaling USD 26 billion over five years. Re-rating hinges on loan growth hitting 1.5-2.0 times nominal GDP growth. Specifically, Goldman Sachs gives ICICI Bank a BUY rating with a 36.4% upside target. Kotak Mahindra Bank is also favored with a 26.2% upside projection.
india Rahul Gandhi held a dharna outside a police station to demand the filing of an FIR. He staged this protest in connection with a pellet injury incident. The specific details regarding the numbers and dates of the incident were not provided in the source text. This action stems from the alleged inaction regarding the pellet injury case. He is continuing to push for accountability on this matter.
tech Deepinder Goyal announced that the Temple wearable device is now volumetrically the smallest and most powerful on the market. The founder shared this update on X on August 21, 2026, teasing a limited pre-order launch. This device measures a body's Entropy, which relates to metabolic and sympathetic demand. PV Sindhu was recently seen wearing Temple during the BWF World Championships 2026 in New Delhi. Temple aims to track how the brain reacts to intense physical and cognitive stress. 🧐
India has officially ordered the removal of certain Google Firebase accounts. This action targets accounts identified as participating in fraudulent activities across the country. The order was issued following the detection of a recurring scam pattern in the system. Authorities are taking this step to curb online financial fraud impacting users. Further measures are expected to strengthen digital security protocols moving forward.
business Bitcoin saw a significant 22% weekly gain, closing at $76,943.90 on Friday. This rally occurred as Treasury yields pulled back following a major bond market intervention by the Treasury in the US. Roughly $2.7 billion in crypto short positions were liquidated, boosting investor sentiment. Further positive momentum was driven by pushes for the Clarity Act in the coming weeks. Despite the rise, Bitcoin is still far from its 2026 high of $94,820.
Andhra Pradesh proposed Deemed Distribution Licenses for hyperscale AI data centres like the Google-Adani project in Visakhapatnam. This status would let them manage their own power networks without standard licensing procedures. The proposal faces legal pushback because self-consumption doesn't fit the Electricity Act, 2003. Critics argue it weakens state DISCOMs by avoiding standard tariffs and wheeling charges. The way forward suggests using Open Access Rules and enacting proper legislation. ⚡
business The ZXMoto 500RR, a new inline-four sportbike, has officially launched in Malaysia. This Chinese brand, established in 2024, previously debuted at the EICMA show in Milan last November. The bike features a 470cc engine producing 84bhp and 46Nm of torque. It has already been launched in Thailand for 199,900 baht and is heading to the UK next month. The 500RR boasts features like cornering ABS and four riding modes. 🏍️
tech CMF has dropped the Buds Neo, bringing ANC and a huge 52-hour battery life to the affordable audio scene. These earbuds are from CMF and are designed for general use. They boast up to 52 hours of total playback when using the charging case. The device features 12.4mm drivers and an IP54 rating for durability. CMF is aiming to compete in the budget market with this balanced feature set. 🎧
india Rahul Gandhi and Sahil Lochaab visited the Parliament Street Police Station in Delhi regarding alleged police excesses during student protests. The demonstration, which began over exam paper leaks at Jantar Mantar, involved Lochaab reportedly sustaining pellet gun injuries. Opposition leaders met DCP Sachin Sharma demanding an FIR and updates on lathi charge and pellet gun inquiries. Protesters held a sit-in after officials allegedly refused to register the victim's complaint. Concurrently, national debate intensified over Vande Mataram performance and its religious alignment. 📢
tech Leaving a laptop on eco power mode can cause Windows 11 to automatically delete its GPU drivers. This issue was discovered by user Ok-Horse-3169 on the ROG Zephyrus G14 with an RTX 5070 Ti. When using eco mode for 15 days, Windows mistakes the power-gated GPU for an unplugged device. To check for driver removal, users can run specific commands on setupapi logs. The fix involves switching power plans or tweaking the registry setting to prevent deletion. 💻
tech The Infinix Hot 70 Pro, which was unveiled last month, is set to launch in India soon. The phone will be available via Flipkart in India, arriving during the first week of September. It will come in four distinct color options: Mirage Green, Dive Blue, Silk Glow Purple, and Thermo Orange. Some models feature unique finishes, like Thermo Orange changing color with temperature. Infinix has not yet announced the official pricing details for the device.
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