business Somil Mehta of Mirae Asset ShareKhan gave stock recommendations for September 1, 2026. Indusind Bank, CAMS, and Dixon Technologies were flagged as 'buy' calls, while Patanjali Foods was suggested as a sell. Indusind Bank has a target of Rs 1060 with a stop loss at Rs 980. Dixon Technologies is recommended to buy at CMP with a target range of Rs 14400 – 14800.
tech John Ternus is appointed as the new CEO of Apple, taking over from Tim Cook on Tuesday. He assumes the role at Apple, based in an unspecified location, inheriting a market leader with lagging AI capabilities. This change happens as Apple prepares its annual iPhone event on September 9 for a new foldable handset. Ternus faces challenges balancing China dependence with White House political pressure. His first public test will be at the September 9 iPhone unveiling.
india A 17-year-old girl was gang-raped on a moving sleeper bus after leaving home following a disagreement with her parents. She had left Mainpuri, Uttar Pradesh, and was traveling towards Noida Sector 63. The assault allegedly occurred on the night of August 4th over a stretch of about 30km. The accused, driver Kuldeep and conductor Sandeep, were later arrested in Timarpur. The case has raised serious questions about the safety of private buses in the NCR. 😔
india The Karnataka government has extended the Gruha Jyothi scheme verification deadline by one month, making the survey run until September 30. The review survey started on July 1, with 68.86 lakh beneficiaries across eight BESCOM districts. As of May 2026, only 46.7 lakh, or about 70%, had been surveyed by the original August 31 deadline. BESCOM MD N Shivashankara asked remaining beneficiaries to cooperate with meter readers from September 1. For locked homes, readers can make up to three visits, and assistance lines are available for beneficiaries.
business Aviation turbine fuel prices have increased by 5.46% for domestic airlines for the second month in a row. This hike occurred in India, according to an NDTV Profit report citing IOC sources. The rate rose from Rs 115 to Rs 121.28 per litre, following an earlier increase on August 1st. Since fuel is 35-40% of operating costs, airlines might raise airfares to cover the higher expense.
business Pakistan's rising food prices are forcing families to cut back on staples like meat and milk. This trend is observed across both rural and urban areas, affecting almost all major food categories. Food insecurity grew from 15.92% in 2018-19 to 24.35% in 2024-25, with severe insecurity more than doubling. Families are adjusting their purchases due to affordability issues, even as the nation is a food importer. The ongoing pattern raises serious questions about whether people can afford nutritious meals. 😟
world The potential photo op featuring PM Modi, Xi Jinping, and Vladimir Putin at the Bishkek summit suggests a multipolar world alignment. This gathering involves India, China, and Russia, reflecting thawing India-China ties and stronger Russia-Beijing bonds. The three leaders were previously seen together in Tianjin in 2025, with the last appearance being a notable internet moment. This summit allows India to project strategic autonomy while engaging with competing powers. Future interactions will reveal if this signals a new axis or just independent positioning. 🌍
business Oracle is reportedly planning another round of workforce cuts, potentially impacting 2,000 to 3,000 employees in India. This news comes as the tech giant seeks to reduce payroll costs ahead of the September 1 deadline. The cuts are reportedly happening while Oracle heavily invests in AI infrastructure and data centers. Separately, Microsoft has placed about 500 employees in India on performance improvement plans (PIPs). Both companies are undergoing significant restructuring in the Indian tech market. 📉
business A discrepancy during a routine check of cash sent to the RBI at a PNB branch in Saharanpur, UP, first revealed a shortage of Rs 4.36 lakh. A subsequent audit uncovered a massive haul of fake currency notes valued at approximately Rs 7.40 crore. PNB management has suspended four people in connection with this serious matter. The ongoing investigation will scrutinize the entire cash trail and bank records. Details on how the fake currency entered the chest await the final enquiry report. 💸
Shimron Hetmyer scored his second CPL hundred during the Caribbean Premier League 2026 match. This massive batting display occurred between the Trinbago Knight Riders and Guyana Amazon Warriors. Key milestones included Hetmyer reaching 180 runs and completing his 27-ball fifty. He dominated with sixes and boundaries, putting on an absolute show for his team. The game continues with exciting batting performances shaping the contest.
sports Jimmy Butler's potential return timeline is getting clearer amid trade rumors surrounding the Warriors. The 36-year-old forward tore his ACL during the 2025-26 season while playing for Golden State. One report suggests a possible return as early as Christmas Day, though January or February 2027 is a conservative estimate. This uncertainty is amplified as Butler is a key trade piece in the final year of his contract. If he recovers well, his presence makes future trade decisions for the Warriors much simpler. 🏀
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