🌍 Market watch: Oil, Hormuz, and US inflation guide stock week

Dalal Street is set to be influenced by global geopolitical events and key domestic economic indicators this week. Investors are closely watching crude oil prices and developments around the Strait of Hormuz in the Middle East. Key data releases include India's July CPI on August 12 and US CPI on August 12. The market will also track Q1 FY27 earnings from companies like HAL and Tata Motors. FPIs continued buying in Indian stocks during the first week of August. 📈

🧐 DK Shivakumar heads to Delhi over women's cabinet seats

Karnataka CM DK Shivakumar is travelling to Delhi to meet Congress leadership regarding cabinet changes. This trip comes amid criticism after his August 3 cabinet induction featured 19 all-male ministers. Shivakumar has promised that there will certainly be a place for a woman in the ministry. The discussions will cover portfolio allocation and pending changes, including potential female induction. The Karnataka legislature's monsoon session starts on August 13. 🧐

🚨 ED targets Reliance Infrastructure in Rs 187 crore case

The Enforcement Directorate (ED) filed a prosecution complaint against Reliance Infrastructure and Sateesh Seth. This case concerns the alleged diversion of Rs 187 crore from four NHAI toll-road projects in India. The diversion reportedly happened in September and October 2010 through sham sub-contracting work. Funds were moved from RIL's SPVs to shell entities and diamond traders. Assets worth Rs 187 crore were provisionally attached on August 3, 2026.

😔 Ahmedabad woman assaulted by apartment guard

A 23-year-old woman was sexually assaulted by an apartment guard during an evening walk. The incident took place in Ahmedabad. The assault occurred on a recent evening, though the specific date is not mentioned. This serious crime highlights ongoing safety concerns in residential areas. Authorities are now investigating the matter and taking necessary action. 😔

🎓 Calicut University launches 'ASCENT' for college upgrades

The University of Calicut is planning 'ASCENT' to improve academic and admin standards of its affiliated colleges across five districts in Kerala. This initiative targets the 445 colleges to fulfill the vision as a premier higher learning center before its 2028 diamond jubilee. The project focuses on digitizing admin frameworks and building structural alignment between the university and colleges. It will include faculty development and research partnerships aligned with NAC and NIRF guidelines. A rating system will be introduced to boost quality, with special support planned for struggling institutions. 🚀

✈️ Air India says pilot test results are missing after turbulence scare

Air India stated it has not received the results of a post-flight drug screening conducted on pilots after the turbulence on the Phuket-Delhi flight. The airline confirmed a screening test was done following the incident on August 4th, which involved flight AI 2379 carrying 137 passengers and eight crew. The Federation of Indian Pilots urged caution as the positive test result remains unconfirmed by the airline. Air India maintains it conducts regular drug tests for all crew members as per aviation regulations. The DGCA is currently investigating the turbulence incident, and the airline will cooperate with authorities. ✈️

😠 Bengaluru rent crisis hits non-IT workers hard

A Bengaluru resident voiced strong frustration regarding skyrocketing rents and hefty security deposits in the city. She highlighted that not everyone working in Bengaluru is in the IT sector or earning in lakhs of rupees. This reality bomb addresses landlords who often assume all tenants are high-earning tech professionals. The woman stressed that survival in Bangalore is becoming extremely difficult for non-IT workers. She urged property owners to consider the diverse earning profiles of the city's residents. 😥

☕ Oncologist says daily black coffee is legit for health

An oncologist revealed that she drinks black coffee every day for several health perks. She shared this insight while posted on Instagram, detailing six key benefits of regular consumption. Studies of 171000 adults found that drinking 1.5-3.5 cups daily lowered death risk by about 30%. Furthermore, research suggests 3-4 cups a day can reduce chronic diseases and lower Type-2 diabetes risk. The expert advises consulting a doctor as coffee is not a miracle cure for everyone.

🇮🇷 Iran says talks paused over deal breach with US

Iranian officials stated that talks with the United States cannot resume while the existing interim deal is being violated. This statement was made by an Iranian minister concerning the ongoing diplomatic situation. The breach relates to specific terms of the interim agreement. The minister emphasized that compliance with the deal is necessary for any future discussions. Further steps depend entirely on the adherence to the current arrangement. 🇮🇷

🇳🇵 Nepal PM meets India and China envoys on Aug 10

Nepal PM Balendra Shah is scheduled to hold separate bilateral meetings with the Indian and Chinese ambassadors on Monday, August 10, 2026. These one-on-one diplomatic engagements mark the first such meetings after over 100 days in office for the leader. The meetings follow an initial joint courtesy call with 17 ambassadors on April 8. Later, Shah will also meet the U.S. Embassy Chargé d’Affaires on Tuesday, August 11, 2026. The agenda is expected to be introductory, covering the state of bilateral relations. 🤝

🙏 Srirangam temple gopuram pathway reopened after 3 years

The eastern Damodara Krishnan gopuram pathway at Srirangam Sri Ranganathaswamy Temple has been reopened for public entry on August 9, 2026. This major structure, located in the Tiruchi district, had been closed for three years following a collapse in August 2023. The renovation cost ₹2.15 crore through a donor contribution, involving structural and wood replacements. Temple officials noted a delay in completion due to public complaints about the prolonged closure. The passage is now accessible for both public and vehicular movements. 🕉️