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business

βœ… Rajya Sabha passes Tax Bill; UPI charges ruled out

Parliament passed the Taxation and Other Laws (Amendment) Bill, 2026, after the Rajya Sabha discussed and returned the Money Bill. Finance Minister Nirmala Sitharaman assured that neither consumers nor small merchants will face Merchant Discount Rate (MDR) charges on UPI transactions. This assurance comes as the Lok Sabha had previously approved the Bill on Monday. The amendment is an enabling provision, not imposing any tax, and no MDR framework has been finalized yet. These reforms aim to boost India's manufacturing and attract investment across various sectors. πŸš€

#IndianEconomy#UPI#TaxReform
tech

πŸ€– Zuckerberg predicts everyone will have a personal AI agent

Mark Zuckerberg envisions a future where everyone possesses a personal superintelligence agent, which acts as a companion for various life aspects. This vision suggests AI could assist with careers, health, education, and even starting new businesses for individuals. He anticipates AI tutors with PhD-level knowledge and tools to lower barriers for entrepreneurs. Crucially, Zuckerberg argues this power should be broadly distributed, not controlled by a few institutions. However, the internet's reaction is divided, with some supportive and others skeptical of his motives. πŸ€–

#AI#Superintelligence#TechVision
business

πŸš€ Acumatica launches new GCC in Hyderabad

Cloud-based ERP provider Acumatica announced the opening of its global capability centre in Hyderabad on Monday. This new centre is being established in Hyderabad to boost product innovation and currently has 30 employees. The Hyderabad GCC will function as a core growth engine for the company within India. It joins Acumatica’s existing operations spread across the U.S., Canada, Serbia, and Sri Lanka. Initially engineering-focused, the centre plans to expand into more disciplines over time.

#Acumatica#HyderabadTech#ERPSolutions
business

βš–οΈ Money laundering case isn't double jeopardy, says Karnataka HC

The Karnataka High Court ruled that prosecuting someone under PMLA after an initial conviction is not double jeopardy. This decision was made while dismissing petitions from 11 individuals convicted for fraud in 2016. The petitioners were sentenced to six years in 2024 for cheating people of lakhs of rupees. The court clarified that PMLA is a distinct statutory offence based on laundering proceeds of crime. These convictions are currently pending appeal before the High Court.

#KarnatakaHighCourt#PMLA#LegalNews
india

πŸ“Έ Photo exhibition poster unveiled by GVMC Commissioner

GVMC Commissioner Ketan Garg unveiled the poster for the annual 'News in Frames' photography exhibition. The event is being organized by the Vizag Photo Journalists’ Association at Visakha Museum. It is scheduled to take place on August 19 and 20, 2026, from 10 a.m. to 6 p.m. The exhibition will showcase photos covering public life, culture, and nature. Entry to the exhibition will be free for everyone.

#Vizag#PhotoExhibition#GVMC
india

πŸ˜” Father kills two daughters in Bengaluru hotel

A father tragically murdered his two young daughters inside a 5-star hotel in Bengaluru. The victims were identified as daughters aged 5 and 10. The incident reportedly took place on a recent date, though specific dates are not provided in the initial report. Police have launched an investigation to understand the motives behind this horrific act. Authorities are continuing their search for any other suspects related to this case. πŸ˜”

#BengaluruCrime#PoliceInvestigation#Tragedy
india

πŸ’” Bengaluru Hotel Horror: Father Kills Young Daughters

A father tragically killed his two young daughters at the Taj Hotel in Bengaluru. The victims were identified as children aged 5 and 10. The incident reportedly occurred on a recent date, though specifics are pending police confirmation. Authorities are now investigating the circumstances surrounding this horrific event. Police are continuing their probe to uncover all details of the tragedy. πŸ’”

#BengaluruCrime#HotelTragedy#PoliceProbe
entertainment

🎢 Emraan Hashmi to play Mehmood in R.D. Burman biopic

Emraan Hashmi has joined the R.D. Burman biopic to play the veteran actor Mehmood. He will join Akshay Kumar, who is attached to play Rajesh Khanna, in this project. The film, helmed by Neeraj Pandey and produced by Excel Entertainment, is currently in pre-production. Mehmood was a close friend and key figure in R.D. Burman’s career. The movie is set to begin shooting in September, promising an interesting look into the composer's life.

#RDBurman#EmraanHashmi#NeerajPandey
tech

πŸ”Œ $6 RISC-V board fits inside a USB port

A new development board called Comu fits entirely inside a USB-A connector, making it super tiny for workshops. This device features a 32-bit RISC-V microcontroller based on the WCH CH32V203 and includes four capacitive touch buttons. It boasts 224 KB of flash and can operate as a USB HID device for small controllers. Comu is aimed at lightweight bare-metal development, and a basic LED blink program uses only 40 bytes. Developers can get this compact board for $5.99 on Tindie. πŸ”Œ

#RISCV#Microcontroller#TinyTech
business

πŸ›οΈ Bombay HC delays relief for liquor makers on FSSAI ban

The Bombay High Court refused to give immediate relief to liquor manufacturers challenging the FSSAI's prohibitory orders. This case involves United Spirits and Anr versus FSSAI & ORs, heard on Monday. The court has decided it needs a reply from the FSSAI recorded before issuing any orders. The petitioners were seeking a swift reversal of the ban imposed by the Food Safety and Standards Authority of India. The final decision is pending the submission of the FSSAI's official response.

#BombayHC#FSSAI#LiquorBan
entertainment

πŸ€” Dhanush entering Vijay's political turf in TN?

Tamil Nadu witnessed a big political shift with Thalapathy Vijay becoming the Chief Minister of the state. Actor Dhanush is now reportedly preparing for his own political entry into the scene. He recently held a public event distributing resources and gave a speech aligning with the BJP. Dhanush's organization is now starting activities in Coimbatore, an area previously dominated by Vijay's TVK party. This has led to speculation about Dhanush targeting Vijay's strongholds.

#Dhanush#Vijay#TamilNaduPolitics

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