📈 EUR/USD hits 5-month high; what's next?

EUR/USD started the week at 1.1700, marking its highest level since May. This move is supported by better European economic data and a weaker dollar after the US Treasury expanded its bond buyback program. Eurozone business activity expanded in August, with Germany's industrial sector improving, while inflation expectations eased to 2.9% from 3.0%. The market is now focused on key data releases this week, including US core PCE and GDP estimates. A downside breakout could lead to 1.1455, while an upside move targets 1.1811.

🚀 ISRO hands SSLV to HAL, but is two years enough? 🚀

ISRO officially handed over the entire Small Satellite Launch Vehicle (SSLV) to Hindustan Aeronautics Limited (HAL) on September 10, 2025. This transfer took place at ISRO facilities, allowing HAL to build two rockets with the guidance of ISRO engineers. The deal was won by HAL for Rs 511 crore, beating other consortia bids. The goal is to let ISRO focus on advanced projects while industry handles routine launches for India's growing space economy. However, critics question if two years is enough time for HAL to absorb the complex, unwritten knowledge required for self-sufficiency.

💡 How ₹10k started an IT giant's journey

N. R. Narayana Murthy started Infosys by borrowing ₹10,000 from his wife, Sudha Murty, in 1981. This happened in Pune, where their relationship began through shared interest in books. The initial capital of ₹10,000 was a calculated risk, as Murthy's prior venture had failed. Infosys, founded by seven engineers, later became India's first IT company listed on Nasdaq in 1999. Their bond survived disagreements, proving trust was the biggest investment.

😟 Kashmiri Pandits face threats, demand more security

A fresh threat letter was allegedly circulated on social media targeting Kashmiri Pandit employees in the Kashmir Valley. The All PM Package Employees Forum Kashmir submitted a letter to the chief secretary of Jammu and Kashmir on Monday. The purported threat poster, supposedly from the United Liberation Council (ULC) and dated August 23, contains employee names, addresses, and vehicle numbers. The forum expressed grave concern over the repeated circulation of such materials, even before official verification. They are demanding immediate security cover and a review of all arrangements for the employees. 😟

🏛️ No bypolls in 5 TN seats until petition ends

The Election Commission of India informed the Madras High Court it won't announce by-elections in five Tamil Nadu constituencies. These seats are Tiruchi East, Perundurai, Ambasamudram, Viralimalai, and Karur. The decision, made on Monday, August 24, 2026, was in response to a PIL filed by K. Venkatachalapathy. The ECI cited Supreme Court rulings stating bye-elections shouldn't happen when election petitions are pending. The bench adjourned the writ petition until September 8, 2026. 🏛️

✈️ Scrapping Parandur airport could cost TN a decade

Chief Minister Vijay's decision to scrap the Parandur greenfield airport has sparked strong opposition reactions. Former BJP leader K Annamalai and MK Stalin criticized the move by warning of severe developmental setbacks for Tamil Nadu. Annamalai highlighted that identifying a new site and getting approvals could take at least 10 years. This delay is seen as a major issue as other states continue to advance their infrastructure plans. Authorities are now urged to fast-track the location identification for Chennai's second airport. ✈️

😟 US Iran sanctions test Trump's China vibe

The US aims for an 'economic D-Day' to cut Iran's economic lifelines, potentially targeting China as a major trade partner. This risky move could cause backlash from Beijing, leading some analysts to doubt the severity of the announced sanctions on Monday. China and Iran traded $9.96bn in 2025, with Iranian oil sales heavily reliant on Chinese purchases. While past sanctions targeted minor entities, cutting Chinese ties remains key to pressuring Tehran. Trump risks destabilizing US-China talks ahead of his September 24 summit with Xi Jinping. 😟

📱 OnePlus 16 leak shows off thinner bezels

A new leak suggests the OnePlus 16 will boast the thinnest bezels of any OnePlus phone yet. This upcoming Android flagship will feature a custom-designed screen for a crystal-clear viewing experience. Reports indicate a 6.78-inch display with ultra-narrow bezels, alongside the Snapdragon 8 Elite Gen 6 Pro chip. The phone is expected to launch in October with a 200MP camera and a starting price of 4,999 Chinese yuan. It is sad that this promising device might not make it to the US market.

📚 CBSE Class 10 Re-evaluation 2026 Update

CBSE has initiated the re-evaluation process for Class 10 examinations scheduled for 2026. The process is being conducted by the central board across various educational zones. Specific details regarding the application window and expected timelines are pending official announcement. This move aims to ensure fairness and accuracy in the final grading of the students' performance. Students are advised to keep checking the official CBSE website for the next steps.

📈 IT subcontracting bill stays high amid AI shifts

The subcontracting bill within the Indian IT sector remains elevated despite changing hiring dynamics. This situation is affecting major IT firms across India. Data shows that AI demand and H-1B visa uncertainties are significantly reshaping how companies are hiring. These factors are creating a complex environment for tech talent acquisition nationwide. The industry is now closely watching how these trends will influence future job market stability. 📈

⛽ Oil Prices Drop as Iran Opens Hormuz Strait to Iraqi Ships

Oil prices are falling as Iran has permitted Iraqi tankers to pass through the Hormuz Strait. This development involves Iranian and Iraqi maritime traffic in the strategically important waterway. The recent move eases concerns about global energy supply disruptions that had been circulating. This action helps stabilize the market after previous tensions regarding shipping routes. Market watchers are now monitoring the continued flow of oil through the Strait. ⛽