Global markets showed mixed signals in morning trading sessions. Investors were closely watching for upcoming Consumer Price Index (CPI) data releases. Key indices saw fluctuations, with some sectors experiencing significant gains or losses. This heightened anticipation reflects global economic uncertainty surrounding inflation trends. Traders are now bracing for the official CPI figures to dictate market direction moving forward. 📈
tech Vivo is rumored to launch the X500, X500 Pro, and X500 Pro Max next month, with design details surfacing from a Weibo leak. The Pro models feature large centered camera islands, while the base X500 has a smaller top-left camera bump. The Pro models will sport 6.37" and 6.85" screens, alongside 2nm chips, whereas the X500 gets a 6.59" panel and a 3nm SoC. Battery capacity across all versions is expected to be at least 7,000 mAh, setting up for a major tech reveal. 📱
business Indian electric mobility startup Yulu secured $93 million in fresh funding amidst the quick-commerce surge. The Bengaluru-based company operates a fleet of around 50,000 electric two-wheelers, logging 1.6 million zero-emission miles weekly. This Series C round, which included $63 million in equity, values Yulu at approximately $170 million post-money. The new capital will expand the fleet to 200,000 bikes and introduce faster models for logistics. Yulu aims to reach roughly 20 cities within the next year, partnering with major e-commerce platforms. 🛵
health A doctor from Mohali shared a viral video detailing how some patients try to bypass consultation fees. Dr Prabhleen Kaur posted this on Instagram, recounting an incident where a woman tried to avoid paying for laser treatment advice. The couple later tried to ask about the doctor's well-being, which still required a fee. Dr Kaur used this story to point out the irony of people spending money on everything but doctor visits. She stressed that health shortcuts like Google and home remedies aren't always effective. 🩺
world The US state department flagged concerns over Pakistan's military and intelligence spending transparency in its 2026 Fiscal Transparency Report. This report noted that while some budgets are public, military spending lacks adequate civilian oversight. The US also criticized Islamabad for delays in publishing its executive budget proposal. Pakistan proposed a Rs 3 trillion defense allocation for the 2026-27 financial year, which is a significant increase. Islamabad is urged to improve debt disclosure and bring military budgets under public scrutiny moving forward. 🧐
entertainment The much-awaited film Awarapan 2 has shown strong advance sales, beating the Sunny Deol-starrer Batwara 1947 significantly. As of 9:00 pm on August 11, Awarapan 2 had sold 68,000 tickets, compared to Batwara 1947's 37,600 tickets. This sales momentum suggests high audience interest in Emraan Hashmi's sequel despite its predecessor's mixed run. Both films face challenges due to ongoing show-sharing issues impacting total ticket availability. The race will heavily depend on spot bookings and word-of-mouth for the upcoming releases.
india The Vijay-led Tamil Nadu government introduced a resolution against delimitation of Lok Sabha constituencies on Wednesday. Chief Minister Vijay brought this resolution to the Assembly, even while supporting women's reservation. He warned that population-based delimitation could hurt the representation of southern states like Tamil Nadu. This move happens as the Centre pushes for support for the delimitation bill. The constitutional amendment bill might be tabled during the Monsoon session's final two days.
india Hundreds of devotees offered 'bali tharpanam' at the Aluva Mahadeva Temple on Wednesday for Karkidaka Vavu. These people gathered at the Aluva manappuram in Ernakulam, Kerala, for the ritual. Over 40 balitharas were set up, and the event took place on August 12, 2026. Authorities made elaborate arrangements, including clearing mud and deploying 500 police personnel. Special transport services were also provided by KSRTC and Kochi Metro for attendees. 🙏
world A senior White House advisor stated that President Donald Trump and Prime Minister Narendra Modi will resolve the tariff issue concerning India's Russian oil purchases. The discussion followed the US Senate passing a bill allowing 100% tariffs on top Russian oil buyers. Navarro noted that India became heavily involved in the trade after the Ukraine war started in 2022. He claimed that his op-ed may have contributed to India reducing its oil trade with Russia. The two leaders are expected to sort out the matter directly between themselves.
sports Team India is facing a major selection dilemma before the Sri Lanka Test starts at Galle International Stadium. The key debate revolves around choosing between Sarfaraz Khan and Dhruv Jurel for the crucial number six batting slot. With World Test Championship hopes on the line, management must decide this crucial middle-order choice. Kiran More favors Jurel due to his Test experience, while Mohammad Kaif prefers Sarfaraz for his proven spin-resistance. The team must also decide between adding another seamer or bolstering their spin department. 🏏
business Oracle is reportedly gearing up for another round of job cuts this month as it invests heavily in AI and cloud infrastructure. This follows a major workforce reduction last year, where the company cut about 21,000 jobs globally. The cuts are happening as Oracle balances massive cloud expansion costs against operating expense control. The company is committing tens of billions to data centres, supporting major AI customers like OpenAI. This restructuring reflects a wider industry shift towards leaner teams amid huge AI spending.
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