🧐 What to watch for at Jackson Hole Summit

FOMC Chairman Kevin Warsh is set to deliver his keynote speech at Jackson Hole on Friday at 10:00 AM. Traders are primarily focused on his views on Treasury actions and general interest rate philosophy. A CNBC Fed Survey showed 80% of 31 respondents want more insight into his economic views. Gold has only risen slightly over the last four trading sessions, showing a slowdown near $4,600 per ounce. The EUR/USD pair retreated to 1.1650 after reacting to US GDP and PCE numbers. 📈

📊 SEBI chief says no changes to CAS despite market swings

Sebi Chairman Tuhin Kanta Pandey confirmed that the market regulator is not considering changes to the Closing Auction Session (CAS). This comes after the Sensex saw sharp drops during the first monthly derivatives expiry under the CAS framework. On Thursday, the Sensex moved over 2,000 points in minutes before settling at 76,933, down 0.70%. Pandey believes market participants will improve their understanding and participation in the auction system over time. The regulator continues to monitor the system closely, as evidenced by recent actions against manipulative firms. 📈

🏒 Celebrini could captain Sharks, following NHL legends

San Jose Sharks might name Macklin Celebrini as captain for the 2026-27 campaign against the Florida Panthers. Celebrini, who was the No. 1 overall pick in the 2024 NHL Draft, is becoming the center of the Sharks' rebuild. His strong performance and composure have led to comparisons with Connor McDavid and Sidney Crosby. This potential promotion would symbolize the Sharks' long-term vision and aid his development. The final decision on his captaincy remains an expectation until the season begins. 🏒

😠 Sunil Pal slams Samay Raina's honor, calls it 'Ghor Kalyug'

Sunil Pal reacted strongly to Maharashtra CM Devendra Fadnavis honoring Samay Raina at a cyber-awareness event in Mumbai. Pal expressed his disapproval in a video posted the morning after the August 26 felicitation. He questioned the honor given to Samay amidst controversies surrounding his show, India’s Got Latent. Sunil Pal argued this sends a wrong message, suggesting controversy is a path to success for new comedians. He further stated that police who were hitting him would later be his security. 😠

🧐 Police probe Iranian flag parade in Belagavi

Belagavi police are investigating reports of an Iranian flag being paraded during the Id Milad procession. This incident reportedly took place in Kudachi, Belagavi district, on Wednesday. A team, led by Sub-Inspector of Police Preetam Nayak, is currently reviewing social media and CCTV footage. The claims suggest the footage might be from Chikkodi, according to some shared videos. Currently, the police have stated that no formal case has been registered regarding the matter.

🤔 Congress questions ex-CDS on China's role

Congress has raised significant questions regarding the comments made by the ex-Chief of Defence Staff. The remarks specifically touched upon China's involvement during Operation Sindoor. This questioning came after the statements were made in a recent public forum. The political party is now demanding clarity on the defence strategy discussed. Further discussions are expected to unfold in the coming days to resolve this confusion.

⚖️ Judge Mukta Gupta heads probe into IIT Delhi student death

IIT Delhi has reconstituted its external probe panel following the death of a 31-year-old MSc Physics student. Retired Delhi High Court judge Mukta Gupta was appointed as the new chairperson for this investigation. The student died by suicide on August 22 after jumping from a building on campus. This happened after the initial panel head recused himself amidst ongoing student protests. The new panel will review protocols and make recommendations regarding the incident.

👮 Police enforce order in Anantapur for a month

Section 30 of the Police Act has been enforced across three sub-divisions of Anantapur district to maintain peace and public order. This measure applies to Kalyandurg, Anantapur Rural, and Tadipatri sub-divisions. The restrictions are active from August 27, 2026, until September 26, 2026. Political parties and groups are barred from holding rallies or public meetings without prior police clearance. Strict legal action will be taken against any violation of these preventive measures. 👮

🚨 TMC leader clashes with Kolkata Police over office banner

An altercation occurred between Trinamool Congress leader Abhishek Banerjee and Kolkata Police on Thursday at a party office. The clash happened at Camac Street when officials attempted to remove a banner from the TMC office. TMC alleged the police entered with an "illegal notice," and they claim Banerjee and MP Derek O’Brien were assaulted. The party stated they will approach the court against the alleged brutality and illegal action. Banerjee also commented that the state is witnessing an alarming descent into a police state. 😠

⚡ Andhra Pradesh to build two massive thermal power plants

Andhra Pradesh's Energy Department plans to add 1,600 MW of new thermal power capacity to meet growing electricity demand. This involves establishing two 800 MW units, with the bidding process set to start soon after APERC gave approval earlier this month. The total project cost is estimated to be up to ₹25,000 crore for this addition. This move also helps replace older coal-based units scheduled for closure by 2030. The overall goal is a phased addition of about 5,588 MW by FY 2035-36.

⚠️ Sagar Gangothi College lacks NCTE recognition

Kuvempu University has flagged that Sagar Gangothri College of Education does not hold NCTE recognition since the 2023-24 academic year. This college is located in Ullur, Sagar taluk, and the university confirmed the lack of affiliation for 2023-24 due to late application. Furthermore, the college missed affiliation in 2024-25 because of missing NCTE recognition. Students are currently allowed to attend via an interim order from the Karnataka High Court. Ultimately, the validity of the B.Ed. degree and college admission rests on the court's final order.