📈 NBFC stock surges 10% on massive Q1 profit jump

A microfinance lender saw its profit surge over twelvefold this quarter due to lower credit costs and better collections. This performance was recorded by Muthoot Microfin Limited in the Indian market. Net profit hit ₹81.3 crore, a jump from ₹6.2 crore last year, while total income reached ₹670.6 crore by the current date. The company deliberately slowed client growth to ensure better borrower quality over sheer scale. Future performance depends on the broader microfinance credit cycle and new lending scaling. 📈

🔥 Houthi attacks spook oil markets ⛽

Yemeni Houthis recently struck Saudi Arabia’s Najran province, resulting in the deaths of 11 civilians. This action occurred amidst reports of Iran considering new restrictions in the Strait of Hormuz. Consequently, oil prices rose today, with Brent crude crossing above $80 to trade at $83.80 per barrel. Saudi officials suggest coordinated attacks on energy infrastructure by Houthis and Iran-affiliated groups are planned. These escalating tensions complicate Middle East energy exports, moving away from earlier signs of potential peace.

🚨 Maharashtra govt warns FDA chief over mutton row

The Maharashtra government has issued its first formal warning to FDA chief Tukaram Mundhe regarding the ongoing Saoji mutton controversy. This action targets the chief in his capacity as the head of the Food and Drug Administration in the state. The specific incidents related to the mutton quality have been noted since early June 2024. This intervention comes as public concerns regarding food safety in the region have been escalating. Authorities are expected to monitor the situation closely to ensure compliance with food standards moving forward. 🚨

💍 Soha & Saba on missing Saif Ali Khan's wedding

Soha Ali Khan and Saba Pataudi recalled why they missed Saif Ali Khan's wedding to Amrita Singh. They revealed that they were too young to attend the intimate ceremony in 1991. At the time, Saba was 15 and Soha was only 13, and they were told not to spread the news. Soha mentioned the wedding was a last-minute affair, which surprised many people. The couple later had two children before their divorce in 2004.

🌧️ Delhi under red alert due to heavy rain

A three-hour red alert has been issued for Delhi following intense rainfall across the region. Gurugram is currently grappling with significant flooding in several areas. The heavy downpour started on Monday, impacting multiple parts of the National Capital Region. Authorities are monitoring the situation closely to manage the increasing waterlogging issues. Further updates on the weather pattern and relief efforts are expected over the next 24 hours. 🌧️

🛡️ Banks can't lock your phone for loan default, RBI clarifies

The Reserve Bank of India has issued new guidelines regarding loan defaults. These rules clarify that banks are not allowed to lock an individual's mobile phone as a consequence of defaulting on a loan. The directive was released recently to protect consumer rights across the financial sector. This move aims to prevent undue harassment and ensure fair lending practices for all borrowers. Banks must now adhere to these regulations for loan recovery procedures moving forward.

🏆 21yo Tommy Cherry smashes Rubik's Cube record

21-year-old Tommy Cherry recently broke the Guinness World Record for solving a Rubik's Cube blindfolded in 11.56 seconds. The American student achieved this feat on June 28, demonstrating incredible mental discipline and perseverance. His journey started as a curiosity when he first solved a cube at age 11 back in July 2015. Cherry continuously pushed his limits, improving upon his previous 2021 record of 15.27 seconds. This shows that consistent hard work leads to major achievements in life and academics. 🧠

🌧️ Assam floods hit hard; death toll climbs to 97

The flood situation in Assam worsened significantly on Friday, with two more fatalities pushing the death toll to 97. This crisis is affecting nearly 1.68 lakh people across 15 districts, with Golaghat being the worst hit area. As of August 7, 2026, water levels in rivers like Dhansiri are above the danger mark, causing displacement. Railway connectivity in Sivasagar has been restored, allowing direct train services to resume. Jharkhand has also pledged Rs 3 crore aid to the Assam Chief Minister’s Relief Fund. 😥

✨ Apple boosts trade-in values for phones and Macs

Apple has increased the trade-in estimates for various iPhone, iPad, Mac, and Apple Watch models in the US. The company also expanded its accepted Android phones list to include Samsung, Google, and OnePlus devices. For instance, the iPhone 16 Pro Max trade-in value rose to $720 from $695, and the Mac mini jumped to $480. This boost comes just weeks before the anticipated iPhone 18 Pro lineup unveiling. Owners should check their devices carefully before trading in to maximize the benefit. 📱

🏏 WA and Scorchers player Matt Kelly retires

Matt Kelly has officially announced his retirement from professional cricket. He played for both the Western Australia and Scorchers teams. His career spanned several years, with specific dates not mentioned in the announcement. Kelly's decision comes after a long and dedicated tenure in the sport. Fans will now see a change in the lineup for the upcoming seasons. 🏏

🏛️ NCPI MPs meet Amit Shah amid political uncertainty

Three Muslim MPs from NCPI met Union Home Minister Amit Shah on Thursday, August 6, 2026. The parliamentarians are from West Bengal's Murshidabad district, including Khalilur Rahaman, Yusuf Pathan, and Abu Taher Khan. They raised concerns about the SIR exercise and mosque loudspeaker restrictions. The MPs maintained their original stance and are hesitant to align with the BJP. Prime Minister Narendra Modi has scheduled a meeting for August 7, 2026, casting doubt on their participation. 🧐