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business

πŸ“ˆ Copper hits new US record amid supply crunch

Copper prices hit a fresh all-time high in New York on Wednesday due to tariff hoarding and dwindling global supply. On the Comex, September delivery touched $6.7045 per pound, while London saw prices approach $14,500 a tonne. This rally is fueled by import tariffs and hopes for the Strait of Hormuz to reopen. Global supply is being squeezed by bans and operational issues at major mines. Analysts predict structural deficits will push copper prices even higher in the coming decade. πŸ’°

#CopperRush#CommodityMarket#GlobalTrade
business

πŸ—³οΈ Centre pushes delimitation and women's quota bills

The Centre has renewed its push for a Constitution Amendment Bill to enact 33% women's reservation from 2029 and increase Lok Sabha strength to 816 via delimitation. Parliamentary Affairs Minister Kiren Rijiju met Rahul Gandhi regarding the bill's reintroduction, after a previous attempt failed four months ago. The bill aims to increase seats from 543 to 816 post-delimitation based on the 2011 Census. The government is exploring changes to address southern states' concerns about the proposed legislation. The bill may be reintroduced next week during the ongoing Monsoon session. πŸ—³οΈ

#Parliament#IndiaPolitics#Delimitation
world

πŸ—³οΈ Indian-origin Democrat Thanedar loses Michigan primary

Indian-origin Democrat Shri Thanedar lost Michigan's Democratic primary to progressive challenger Donavan McKinney. The contest took place in Michigan's 13th Congressional District, which covers parts of Detroit and its suburbs. McKinney, 34, defeated Thanedar after a campaign highlighting his Detroit roots over Thanedar's wealthy background. This loss signals a broader shift within the Democratic Party towards younger, progressive candidates. Thanedar acknowledged the leftward momentum and pledged support for McKinney in the November election. πŸ—³οΈ

#MichiganPolitics#Democrat#ProgressiveShift
tech

πŸ€– Google AI Shakeup: Hassabis & Dean Change Roles

Google is undergoing a major leadership shift in its AI division with some key figures moving or departing. Demis Hassabis is stepping down as DeepMind CEO to become Alphabet's chief scientist and DeepMind chair. Jeff Dean is also leaving to launch his own initiative, Discovery Loop, alongside Sanjay Ghemawat. This change comes as Google faces pressure from competitors like Anthropic and OpenAI in frontier AI. Koray Kavukcuoglu will take over the DeepMind unit as senior vice president.

#GoogleAI#DeepMind#TechNews
business

πŸ›οΈ No special Parliament session for women's quota, says Rijiju

Parliamentary Affairs Minister Kiren Rijiju denied reports of a special session from August 16 to 18 for women's reservation and delimitation bills. This clarification arose amid speculation about convening a sitting post-Independence Day for these key measures. The government is currently consulting on the Constitution (131st Amendment) Bill during the Monsoon Session. This bill aims for 33% women's reservation from 2029 and increasing Lok Sabha seats to 816. The Centre plans to continue talks with parties instead of holding a separate session. 🧐

#Parliament#WomenQuota#IndianPolitics
india

πŸ•Œ Azan loudspeakers taken down from Bengal mosques

Loudspeakers used for azan were removed from several mosques across West Bengal following verbal instructions from local police. According to prominent clerics, there was no court order for this action, despite the Waqf board recording 62,000 mosques in the state. Imams claim they were threatened instead of being informed of any official mandates regarding decibel limits. Cabinet ministers have supported the removal, stating it is necessary for pollution control across all places of worship. Clerics are appealing to the Chief Minister to resolve the issue through discussion rather than harassment. πŸ•Œ

#WestBengal#Mosque#Azan
business

πŸ›οΈ Sunetra Pawar's political climb after big shakeup

Ajit Pawar's death on January 28, 2026, drastically changed the NCP's leadership structure in Maharashtra. His wife, Sunetra Pawar, took oath as Deputy Chief Minister on January 31, 2026, amidst political uncertainty. Six months later, the Finance portfolio remains with CM Devendra Fadnavis, despite NCP claims. Critics point to her quiet approach, while she later became the NCP's national president. She also took decisive actions, like asking Rupali Chakankar to resign.

#MaharashtraPolitics#NCP#SunetraPawar
business

🌴 Flea's luxe Malibu home back on the market

Bassist Flea has listed his extraordinary Malibu estate back on the market for $7.99 million. The property is located in Malibu Colony, California, and was purchased by him in 2020. This four-bedroom home features a wellness package, including a sauna and cold plunge, and boasts a rooftop guesthouse. It offers private access to the Malibu Lagoon Trail, leading to Surfrider Beach. Flea hopes this location appeal will make the sale easier compared to his other California property. 🏑

#MalibuRealEstate#Flea#LuxuryLiving
business

πŸ“‰ Alphabet shares dip as AI legend Jeff Dean leaves

Alphabet shares experienced a 5% decline following a major internal shakeup within the company. AI pioneer Jeff Dean has announced his departure from the tech giant, affecting the corporate landscape. This significant change comes amidst ongoing industry shifts in artificial intelligence development. Dean's exit signals potential restructuring or changes in the company's AI strategy moving forward. Investors are now closely watching how Alphabet manages this transition in the coming quarters. πŸ“‰

#Alphabet#TechNews#AIExit
top

πŸ—³οΈ Thanedar loses Michigan Democratic primary

Indian-American Congressman Shri Thanedar lost the Democratic primary in Michigan's 13th Congressional District on Tuesday. State Representative Donavan McKinney secured the win against Thanedar in this closely fought contest. McKinney achieved 51.9 per cent of the vote, beating Thanedar's 48.1 per cent by 3.79 percentage points. This victory signals another win for the progressive wing of the Democratic Party in the state. McKinney is now the Democratic nominee for the November House of Representatives election. πŸ—³οΈ

#MichiganPolitics#DemPrimary#USCongress
science

πŸ”¬ New ways to fix Friedreich's ataxia gene

Researchers have developed unconventional methods to restore the silenced Friedreich's ataxia gene. This groundbreaking work was conducted by scientists at various institutions. The study details progress made over several years leading up to its recent publication. Friedreich's ataxia is a progressive genetic disorder affecting the nervous system. Future research aims to translate these lab findings into actual patient treatments. 🧬

#GeneTherapy#MedicalResearch#ScienceNews

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