📈 US markets dip; India sees institutional buying ahead of major updates 📈

US stock futures fell, driven by a sell-off in tech and semiconductor shares on Monday, August 24. Foreign and domestic institutional investors acted as net buyers in Indian equities on that day. FIIs bought ₹1,181.66 crore, while DIIs recorded net purchases of ₹2,493.41 crore. The market is cautious due to US-Iran tension and upcoming economic data. India plans to sell a 3% stake in Hindustan Copper at a floor price of ₹514 per share.

💧 KRMB panel greenlights Srisailam, NSP water for drinking only

The three-member committee of the KRMB decided to use water from Srisailam and Nagarjunasagar reservoirs solely for drinking purposes. This decision was made by the committee meeting in Hyderabad, considering the El Nino conditions and low project inflows. As of Monday, August 24, water storage was 166.7 tmc ft in Srisailam and 178.3 tmc ft in NSP. The committee agreed to meet again on September 4 to finalize the water sharing ratio for drinking needs until June-July. Telangana requested a 50% share, while Andhra Pradesh insisted on the previous 66-AP:34-TG arrangement. 💧

⚡ Kerala sets 5-year power tariff rules draft

The Kerala State Electricity Regulatory Commission released draft multi-year tariff regulations on Monday for the 2027-28 fiscal period. This document, Draft KSERC (Multi-Year Tariff (MYT)) Regulations, 2026, covers the five-year control period until 2031-32. The commission, led by T.K. Jose, included clauses to boost efficiency and pass savings to consumers. The draft also promotes energy storage and incorporates recent sector changes. Power utilities must file petitions detailing revenue requirements once these regulations are approved. 💡

🚨 Five caught stealing construction stuff

Five individuals were arrested for allegedly stealing aluminium construction boards from a site. The theft happened at Vertex Vega Developers LLP in Nallagandla, Serilingampally, between midnight and 1:30 a.m. on August 20. The accused confessed to the crime and involvement in three other theft cases. Police also nabbed scrap dealer Badarani Ratnakar, recovering ₹1 lakh in cash. Efforts are now ongoing to catch three more suspects and recover the rest of the stolen materials. 🛠️

📈 AUDUSD pauses after strong rally, awaits data

The AUDUSD pair is consolidating slightly below a new 2 ½ month high after a solid 0.8% gain last Friday. This movement occurred as bulls broke a key Fibonacci barrier at 0.7180, with daily studies currently showing overbought conditions. Despite this pause, larger bulls remain active, expecting limited dips before another upward push. Traders are now focused on upcoming economic releases like RBA minutes on Tuesday and US July PCE on Wednesday. A firm break above 0.7180/0.7200 would signal continued bullish momentum.

🚀 NASA shifts focus as ISS ends, commercial stations take over training

NASA is actively preparing for the post-International Space Station (ISS) era. This transition involves shifting astronaut training protocols to accommodate new commercial space stations. Key milestones for this shift are being planned around future operational dates. The move reflects a broader change in the future of human spaceflight capabilities. NASA is now focusing on partnerships to ensure continuous space exploration.

🌧️ Delhi-NCR weather update: Rain expected to ease

Delhi-NCR is set for a short break from heavy rains with only scattered showers expected from August 25 to August 31. The IMD issued an orange alert for light to moderate rain in Delhi on Monday, while heavy rain is forecast for Central and Eastern India. Temperatures are predicted to rise, with the maximum reaching around 36°C and the discomfort index near 40°C. The intense rainfall in Kerala and Coastal Karnataka is also expected to continue for the next 72 hours. The weather system is shifting eastward, bringing more rain to Bihar and Jharkhand after August 26. 🌧️

🔌 Nine charged in Taiwan for Nvidia GPU smuggling scheme

Nine individuals were indicted by Taiwan's Keelung District Prosecutors' Office for illegally exporting Nvidia B300 GPUs to China. This operation involved a complex five-step scheme designed to bypass strict export restrictions through the supply chain. The illegal shipments, valued at $21.21 million in profit, included parts sent directly to China in January 2026. The scheme was exposed after customers flagged the shipments and demanded proper export permits. The case highlights internal complicity within the tech supply chain despite company assurances. 🧐

🏏 Kerala Cricket League 2026: Sailors vs Ripples clash

Match 11 of the Kerala Cricket League 2026 features Aries Kollam Sailors against Alleppey Ripples on August 25th. The game is set to be played at the Greenfield International Stadium in Thiruvananthapuram. Alleppey Ripples is currently second in the points table with 2 wins and 1 loss recorded. Aries Kollam Sailors sit in fifth place with a record of 1 win and 2 losses. Predictions favor Alleppey Ripples to win the toss and the match itself. 🏏

🚔 Students Caught Trading Stolen Bikes for Ganja

Seven students were arrested for allegedly getting ganja in exchange for stolen motorcycles. The incident took place in the Visakhapatnam Agency area and along the Andhra-Odisha Border in Krishna district. On Monday, August 24, 2026, police seized four bikes, about 7kgs of ganja, and mobile phones. The students used the guise of picnics to visit tribal villages and obtain the contraband. Authorities are currently working to trace the suppliers involved in this illegal trade. 🚔

🛰️ SpaceX crash leaves new lunar crater for science study

NASA's Lunar Reconnaissance Orbiter captured detailed images of a new crater on the Moon. This crater was created when a SpaceX Falcon 9 upper stage impacted the lunar surface earlier this month. The impact occurred during a January 2025 launch carrying Firefly Aerospace’s Blue Ghost 1 lander. The crater is about 60 feet across and less than 10 feet deep, offering a fresh impact study. These visuals help refine predictions for near Earth objects.