Blinkit has taken the lead in the dark store space across major cities. This shift involves Flipkart Minutes being overtaken by Blinkit in these key urban markets. As of the latest data, Blinkit shows stronger performance metrics compared to its competitor. This development highlights intense competition within the quick commerce sector. Further market analysis will track how these shifts impact future growth strategies.
business India, the world's top rice exporter, is confident that its sales to Iran will continue despite looming US sanctions. This trade is significant as rice makes up nearly two-thirds of India's $1.25 billion in exports to Iran for the fiscal year ending March. Iran purchased over 1 million tons of rice last financial year, showing a 17% increase from the previous year. Exporters note that the staple food nature of rice, falling under a humanitarian exception, will sustain the trade. Payments are currently being settled through financial channels in the UAE, Germany, and China.
business The Supreme Court quashed a GST show-cause notice issued to Tata Steel Ltd. under Section 74 of the CGST Act, 2017. This decision was made by Justices JB Pardiwala and K Vinod Chandran concerning alleged short tax payment due to fact suppression. The case involved irregularities in Input Tax Credit across three financial years, and the court found the department's reliance on Section 74 insufficient. The Court mandated that the SCN must specify foundational facts proving fraud, rather than just using vague terms. The department can re-initiate proceedings only if these facts are detailed in the notice before 28.02.2027. ⚖️
health Chinese teenagers are increasingly misusing prescription drugs to deal with intense academic pressure and anxiety. One student, Xiaomei, started taking cough medicine at age 14, which later escalated to online acquisition of unprescribed medications. The misuse is linked to study pressure, disappointing results, and family conflicts across China. Experts connect this trend to isolation and economic uncertainty, noting nearly 95 million people in China face depression. Recovery for students like Xiaomei reportedly began after receiving empathetic parental support. 😥
tech The iPhone 17 secured the title of the world's best-selling smartphone during the second quarter of 2026. This achievement was recorded globally, with Apple and Samsung each placing five models in the top 10. During this period, the overall smartphone market experienced an 11 per cent decline globally. Rising prices also pushed many consumers towards higher-end segments, strengthening Apple's market hold. Looking ahead, Apple's sales growth continues despite the broader market downturn. 📱
business Canada has announced 893 tariff line items targeting American goods to counter US trade actions. This move, effective September 8, 2026, applies duties of 15%, 25%, and 50% on various US imports. The escalation comes after the US imposed a 50% tariff on $27.6 billion worth of Canadian goods on August 22, 2026. While current tariffs affect $27.6 billion from each side, the fight risks destabilizing nearly $900 billion in bilateral trade. This ongoing tension could increase costs for consumers and businesses across both nations. 😠
sports Real Madrid is hosting Real Sociedad for their first home match of the season at the Santiago Bernabéu. The predicted lineup for Real Madrid includes Courtois, Valverde, Bellingham, and Vinicius. Real Sociedad's expected XI features Remiro, Kubo, and Oyarzabal. The match is scheduled for August 26, 2026, at 21:00 CEST. Viewers can watch the game on DAZN La Liga or stream it via ESPN+ in the USA. ⚽
world CISF personnel discovered two gold capsules weighing about 82 grams inside a passenger's mouth at Kempegowda International Airport. The individual, Mohd Siraj, an Indian national, arrived from Dubai via IndiGo flight 6E-1486 on August 26th. He was scheduled for a 9:20 am flight to Ghaziabad on IndiGo flight 6E-2518. Authorities suspect the passenger hid the gold because he thought the body scanner wouldn't cover his shoulder. Siraj was handed over to KIA police for further legal action. 🧐
india A woman recently went viral for claiming she 'retired' at the age of 29 and detailed her shift to a farm-based lifestyle. Sneha Rajguru from @baapbetifarm shared her four-step plan involving land acquisition and planting fruit trees. These steps emphasize self-sufficiency, growing food for security, and filling the space with flowers for mental peace. Her philosophy suggests retirement is about choosing peace over constant pressure, not just stopping work. This approach resonates with those seeking alternatives to intense corporate demands. 🌻
business Tukaram Mundhe clarified that the FDA notices issued to Shah Rukh Khan, Ajay Devgn, and Tiger Shroff are not targeting them individually. The action stems from the Food Safety and Standards (Advertising and Claims) Regulations, 2018, which assigns equal responsibility to advertisers and promoters. These notices were served after the FDA identified the advertisement as surrogate promotion of a prohibited pan masala product. Mundhe stressed that endorsers must ensure compliance with FSSAI norms, with potential fines up to Rs 10 lakh. The actors have been directed to stop the campaign and submit endorsement agreement details. 🧐
india The Karnataka government is set to release a Government Order regulating student elections in colleges and universities. Under the new rules, students belonging to political party wings like NSUI and ABVP will be barred from contesting the polls. This decision was announced by Medical Education Minister Sharan Prakash Patil on Tuesday, August 25th. These restrictions align with Lyndoh Committee recommendations, similar to those at Hyderabad and Jawaharlal Nehru Universities. The election process will start in pre-university and degree colleges before moving to universities. 🎓
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