🏦 RBI plans to restrict revolving credit for most NBFCs

The Reserve Bank of India has proposed banning most Non-Banking Financial Companies from offering revolving credit facilities. This move, detailed in draft amendments to the Directions, 2025, targets reshaping credit products in the sector. The proposal stipulates that NBFCs should only offer term loan products, with an exception for those authorized to issue credit cards. Term loans are defined as fixed principal facilities with set repayment schedules, unlike revolving credit. If notified as drafted, these amendments could take effect immediately, pending public comments. 🧐

🥑 Avocados might lower heart disease risk, new study shows

A recent study indicates that consuming avocados could potentially reduce a significant marker associated with heart disease. The research was conducted involving various participants in a controlled setting. Key findings highlighted a measurable decrease in this risk marker after regular avocado intake over a specified period. This aligns with growing nutritional science showing the benefits of healthy fats. Researchers plan further longitudinal studies to confirm these promising initial results. 🥑

⚖️ Tejpal convicted after 13 years; High Court rules on bias

The Bombay High Court convicted Tarun Tejpal and sentenced him to 10 years of rigorous imprisonment for raping his junior colleague in 2013. This judgment came after the initial trial court acquitted him back in 2021. The High Court criticized the lower court for judging the complainant against an 'ideal victim' stereotype. The survivor had previously alleged 'character assassination' by Tejpal and the publication's leadership. Tejpal plans to challenge this 10-year jail term before the Supreme Court. ⚖️

📄 SSC Hindi Translator admit card drops today

The Staff Selection Commission Eastern Region is releasing the admit card for the Combined Hindi Translators Examination 2025 Physical Standard Test today, August 7, 2026. Candidates recommended for the Sub-Inspector (Hindi Translator) post in CRPF can download their call letters from the Eastern Region website. The Physical Standard Test is scheduled to take place on August 17, 2026, at the designated centres. Those who pass this test will move on to Document Verification and Medical Examinations over the next week. Candidates must print their admit cards and bring all original documents to the test venue.

🌧️ Parliament session adjourned amid protest demands

Both Houses of Parliament were adjourned until 11 am on August 10 during the Monsoon Session 2026. This happened because the opposition demanded a statement from Union Home Minister Amit Shah regarding the July 20 police action. During the Question Hour, the Rajya Sabha chairperson, CP Radhakrishnan, asked both sides to settle down. In Lok Sabha, Kiren Rijiju stated the opposition cannot dictate when ministers appear. This followed the passage of the 'Taxation and Other Laws (Amendment) Bill, 2026' the day before. 🌧️

👶 US Preschool Fees Hit Maruti Brezza Price

Indian creator Sonal Chaudhary revealed the high cost of preschool in Simsbury, Connecticut, while looking at options for her daughter. She met Cheryl, who detailed the school's program, noting a low 2-teacher-to-8-child ratio. A two-day-a-week program runs about ₹4 lakh yearly, while five days costs nearly ₹9 lakh annually. This cost is comparable to a new Maruti Brezza in India, despite US public schools being free from kindergarten. Viewers are now comparing the benefits of small classes against these significant expenses. 💸

👑 Ananya Panday's regal Banarasi saree look

Ananya Panday made a grand entrance at the Marathi Filmfare Awards in Mumbai on August 6. She chose a regal purple Banarasi saree by Manish Malhotra paired with a modern tube blouse. The ensemble featured neon pink borders and heavy gold Kundan diamond jewellery for a traditional yet contemporary vibe. She styled the look with a centre-parted, slicked-back bun and mauve lip shade. Her fashion choice successfully blended classic Indian elegance with modern flair. 🤩

🎬 Ghai says Akshaye Khanna isn't a 'baazaaru' star

Filmmaker Subhash Ghai discussed the casting of Akshaye Khanna in 'Taal' in a throwback interview. He highlighted that Khanna's role was complex and honest, praising his genuine screen presence. Ghai noted that Khanna doesn't belong to the 'baazaaru' star category relying on agents and branding. This sincerity was crucial for the film's integrity, which was a success on August 13th. He credited Khanna, A.R. Rahman, Anand Bakshi, and Aishwarya Rai Bachchan for the film's success.

⛈️ Cyclonic system brings 5 days of heavy rain to Odisha

An active cyclonic circulation is set to bring heavy rainfall across Odisha starting from Friday. The India Meteorological Department (IMD) has issued an orange alert for Mayurbhanj district, with yellow warnings for the other 29 districts. Widespread thunderstorms and lightning are forecasted to continue across the entire state for the next five days. Furthermore, another cyclonic circulation is expected over the north-west Bay of Bengal by August 12. This system could cause heavy to very heavy rain in northern and coastal Odisha districts.

🐻 Wild bear attacks siblings in Chhattisgarh

A wild bear attacked three siblings, resulting in the deaths of two individuals in Chhattisgarh's Kanker district. The attack happened on Wednesday afternoon in Largaon Markatola village under the Narharpur forest range. The deceased were identified as Halal Khor Jurri and his sister Chamrin Bai (40), while Khorin Bai (30) sustained injuries. Local villagers reported the female bear became aggressive after the death of one of its cubs on Tuesday. Authorities have warned the public to stay away from the affected area. 🐻

🇺🇸 Trump dismisses weapons shortage claims; says supply is fine

Donald Trump strongly denied reports that the US was experiencing a munitions shortage, calling the claims 'fake news.' He refuted the notion that he confronted Defense Secretary Pete Hegseth about these alleged shortages last week. The Washington Post reported the discussion happened during a Cabinet meeting at Camp David in Maryland. Trump asserted the US has massive amounts of munitions and is increasing manufacturing capacity nationwide. He has reportedly ordered new investigations into the Pentagon's munitions stockpile disclosures. 🧐