🏗️ BMC targets ₹250 Cr illegal construction in Mumbai high-rise

The Brihanmumbai Municipal Corporation started a demolition drive against unauthorized construction at Rustomjee Crown in Prabhadevi, South Mumbai. Civic officials issued 138 notices across 128 luxury flats in Wings A and B due to building norm violations. The alleged encroachment, which involves merging common areas into private apartments, is claimed to be worth over ₹250 crore. This high-rise reportedly houses flats linked to politicians, bureaucrats, and prominent businessmen. Further demolition action is planned to continue against the illegally constructed units. 🏗️

✈️ Chennai airport adding fifth terminal between runways

The Airport Authority of India is planning a fifth terminal at Chennai International Airport, designed to handle 20 million passengers per annum. This expansion will increase the airport's total capacity to 55 MMPA, following the cancellation of the Parandur airport project by Chief Minister C Joseph Vijay. The new terminal will be situated in the 'V' space between the existing two runways to ease congestion. Currently, the project is in the early concept stage, with no technical or traffic studies commissioned yet. AAI is also supporting a proposed 5.2 km cargo corridor to ease GST Road congestion. ✈️

📉 Sensex drops, Nifty slides amid global jitters 📉

The Sensex and Nifty saw declines on Tuesday, August 25, 2026, influenced by negative global cues. Specifically, the Sensex fell 127.97 points to 77,241.14, while the Nifty settled at 24,147.55 as of 11:00 AM. Hindustan Copper shares also slumped 7% due to a government divestment offer for a 6% stake. Traders are currently awaiting earnings from Nvidia Corp and comments from US Federal Reserve Chair Kevin Warsh. This market dip reflects broader investor concerns regarding AI expansion outlook.

🏑 India's hockey reality check at World Cup 🏑

India's men's team faced a harsh reality after failing to make the World Cup semi-finals again. The team competed in the tournament at the World Cup against various international sides. Key results included a loss to Argentina and draws with China, Australia, and England, during the tournament. Critics questioned the approach, suggesting the team was prioritizing preparation over winning against top-tier opposition. The bigger question remains how India plans to bridge the gap with the world's elite teams.

🧐 RBA debated an August interest rate hike

The RBA minutes confirmed the recent interest rate hold was a serious discussion, not just a formality. The board specifically weighed a potential 25 basis point hike against current neutral rate estimates in Australia. Staff risk assessments show upside inflation risks remain, keeping a tightening bias active for future decisions. Upcoming data on the labor market and housing is expected to heavily influence the next move. Meanwhile, the Bank of Japan is likely to raise its benchmark rate next month, according to market speculation. 🧐

🦠 Bali swim leads to rare eye parasite scare

A 38-year-old man contracted a rare eye-eating parasite after swimming in Bali with contact lenses. Matt Flack from Colchester, Essex, developed symptoms after the trip in May, eventually being diagnosed on July 10 in the UK. The condition, Acanthamoeba keratitis, is caused by a microscopic organism often found in water sources like pools. The parasite burrows into the cornea, causing painful inflammation and tissue damage over time. Proper prevention is key for contact lens wearers to avoid this serious infection. 😵

📈 8 Stocks Cross 200 DMA, Signaling Uptrend

Eight stocks in the Nifty500 crossed above their 200 DMA on August 24, 2026, according to stockedge.com's scan data. Traders use this 200-day moving average as a key indicator for overall stock trends. Examples include ETMarkets.com at Rs 1127.7 vs 200 DMA of Rs 1114.34. Being above the 200-day SMA generally suggests an overall uptrend for the stock. Investors will monitor these movements to gauge future market direction.

⚠️ Hegseth warns Iran; Ghalibaf fires back 🇮🇷

A warning was issued by Hegseth to Iran, cautioning against provoking the US military. This warning was directed towards the Iranian government and military leadership. The confrontation escalated with Ghalibaf responding strongly to the threats. This tension reflects ongoing regional geopolitical disagreements and escalating military posturing. Future developments will depend on diplomatic efforts and the escalation of military activities in the region.

📚 ABVP kicks off DU elections campaign

The ABVP has officially launched its 'My DU, My Manifesto' campaign for the upcoming Delhi University Elections 2026. This campaign is being rolled out across various campuses within Delhi University. The initiative targets student engagement ahead of the election cycle which is set for 2026. The core of the campaign focuses on presenting clear manifestos to the student body. The party plans to mobilize significant student support as the election date approaches.

💣 Kuwait caught between US and Iran conflict

Kuwaitis are questioning the presence of US troops as Iran intensifies strikes against the nation. This tension is happening six months into the US-Iran war, following initial strikes in late February. Iranian attacks have targeted infrastructure and US bases, resulting in at least 15 fatalities. The country faces an economic squeeze due to Iran's closure of the Strait of Hormuz. Kuwait remains in a difficult balancing act, despite some internal dissent. 😟

⛓️ Rape Convict Ram Rahim Gets Another 21-Day Furlough

Dera Sacha Sauda chief Gurmeet Ram Rahim Singh has been granted a 21-day furlough from his prison sentence. He is currently lodged in Sunaria jail in Rohtak, Haryana, and will travel to the Dera Sacha Sauda headquarters in Sirsa. This latest release brings his total number of temporary outings to 17 occasions. The conviction stemmed from raping two women disciples in Sirsa in 2017, leading to a 20-year sentence. The repeated releases are drawing intense scrutiny regarding prison parole policies.