business Spot Gold has fallen sharply on Friday, dropping below the 200-day moving average at $4526.24. This puts the metal below $4481.78, which is 20% from its peak of $5602.23. Some analysts now see gold entering a bear market territory. Meanwhile, Warsh delivered a hawkish speech, increasing September hike odds from 35% to 61.5%. The market now watches for breaks near $4311.04 or $4697.11. 📉
Six months into the Iran War, Europe's growth has held up better than feared, and inflation concerns have subsided. The crisis has been milder for Europe compared to the Ukraine invasion fallout four years prior. Energy's contribution to eurozone inflation has dropped from four percentage points in July 2022 to less than a quarter currently. Meanwhile, the U.S. Treasury proposed revoking Banque Misr UAE's correspondent banking access under Operation Economic Outcast. This move aims to sever economic lifelines for the Iranian regime. ⛽
science September brings some cool sights for stargazers before fall vibes hit. There are two minor meteor showers, the Aurigids peaking on Sept. 1 and the Southern Taurids starting Sept. 20. The moon will hang out near planets like Mars on Sept. 7 and Mercury on Sept. 12. A new moon on Sept. 11 offers clearer viewing, while Venus is brightest on Sept. 18. The season officially changes on Sept. 22 with the fall equinox.
sports The third edition of the Vellore International School U-15 Inter-School Football Tournament is set to start on August 31. Sixty-four school teams from six districts, including Chennai and Tiruvallur, will participate in the knockout format. Daisuke Korenaga, Chairman of Football Club Jurong, Singapore, will inaugurate the event. The tournament intends to give young footballers a competitive stage and boost school football in the area. Opening matches will feature KC High International School against PAK Palanisamy Higher Secondary School.
sports Thailand clinched a thrilling six-run victory over Hong Kong in the Women's Asia Cup in Dubai. Captain Naruemol Chaiwai scored 43, but a late collapse left them at 120/9. Marina Lamplough was key for Hong Kong, taking 4/11 and scoring 22 off 11 balls. Thailand maintained their composure to restrict Hong Kong to 114/7. This win extends Thailand's unbeaten streak against Hong Kong to eight matches.
world A federal judge declined to instantly block President Donald Trump's new executive order limiting birthright citizenship. This decision was made by US District Judge Deborah Boardman in Greenbelt, Maryland. The order was signed on August 6, targeting 'birth tourism' and other specific groups. The judge questioned the viability of this new rule, especially after the Supreme Court rejected his previous attempt. Plaintiffs can now supplement their complaint to challenge the order swiftly.
india The 26th Annual Sports Meet for Shiksha Kendra and Shiksha Greenwoods Schools took place in Pallikonda town. Olympian V. Devarajan attended as the chief guest at the event. Key awards included Vivekananda House winning the March Past Shield and Mahaveer House taking the Overall Championship Trophy. Devarajan emphasized that sports build discipline and skills needed for global citizenship. The event was presided over by P.N.S. Thirunavukkarasu, chairman of Shiksha Schools. 🏅
india UGC-NET results for 84 subjects have been announced by the NTA, showing over 4,241 candidates qualified for JRF. Out of 7,73,806 registered candidates, 6,07,151 appeared for the exam on the June 2026 test. English, Commerce, and Sociology papers will be re-conducted on September 9 and 10, 2026, due to errors. Candidates taking the re-tests won't have to pay extra fees for the exams. Their final scorecards for these subjects will be released after the fresh exams. 🧐
india A family of four, plus the driver, sustained injuries after an SUV was struck by a lorry on the Chennai-Bengaluru Highway. This incident occurred near Ambur town in Tirupattur on Friday. The five injured individuals include K. Silabarasan, 35, and his wife and two children. The lorry, carrying liquor bottles from Vellore to Tirupattur, hit the SUV while it was on the highway. A case has been registered, and an official probe into the accident is currently underway.
india Vellore Institute of Technology (VIT) has signed an MoU with Columbia University (Columbia Engineering) New York, USA. The agreement was officially signed by G. Viswanathan, founder and Chancellor of VIT, and Sen. Soulaymane Kachani, Dean of Academic Affairs and Global Partnerships at Columbia University. This partnership makes VIT the first Indian university to secure such a dual degree agreement with Columbia University. The collaboration opens up world-class academic pathways for engineering students on a global level. The signing ceremony took place in the presence of Binaya Srikanta Pradhan and G.V. Selvam on August 29, 2026.
tech The Google Pixel 11 is a yearly spec update keeping the design mostly the same. It features the 3nm Tensor G6 chipset and a larger 1/1.56-inch main sensor compared to the Pixel 10. The phone launches with a starting price of $899 for the base 256GB model. In this competitive market, the Pixel 11 relies on its unique style and Android experience to stand out. It comes in colors like Pistachio and Hibiscus, with a base price of $899. 📱
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