Vinayak Nair

Indian startups prioritise AI costs much before US peers: OpenAI exec

Marc Manara, Global Head of Startups at OpenAI, said Indian startups are focusing on AI costs much earlier in their growth journey compared to their Silicon Valley peers. Manara stated that Indian founders emphasise cost efficiency and practical unit economics from beginning. He said Indian firms are building sustainable AI solutions tailored to market rather than prioritising rapid scaling alone.

Aug 7th, 2026

Indian startups prioritise AI costs much before US peers: OpenAI exec

Bhawana Chaudhary

US' Federal Aviation Administration (FAA) has ordered inspection for 471 Boeing 737 Max jets, following reports of fuselage cracks in some older models. Last year, Civil Aviation Ministry said that 56 Boeing 737 Max planes are operational in India. Akasa Air and Air India Express, key operators of the jets in India, said their fleets aren't impacted by the directive.

Aug 7th, 2026

FAA orders inspection of hundreds of Boeing 737 Max jets for cracks; 56 operating in India

Bhawana Chaudhary

Petroleum Minister Hardeep Singh Puri said US now accounts for 67% of India's LPG imports, making it the country's largest LPG supplier. Referring to Strait of Hormuz's closure, Puri said, "As some doors closed, others opened." India decided autonomously at the start of 2026 to import 10% of its LPG from US, a move which helped the country, he added.

Aug 7th, 2026

US becomes India's largest LPG supplier

Vinayak Nair

Karnataka CM DK Shivakumar on Thursday met a senior delegation from Anthropic to discuss a long-term partnership. The talks focused on integrating AI into citizen-centric governance, launching large-scale skilling programmes and supporting deep-tech startups. Discussions also focused on advancing the state's proposed AI University initiative to strengthen Karnataka's position as an innovation hub.

Aug 7th, 2026

Karnataka govt explores AI collaboration with Anthropic for governance

Bhawana Chaudhary

Amid heavy rainfall in Delhi NCR, office-goers took to social media to complain about not being able to book cabs despite trying for hours. People shared how Uber was overcharging ₹400 for a 2-km ride in Noida while highlighting that its regular fare for the same route is around ₹100. Several areas faced water-logging in the region.

Aug 7th, 2026

People complain about Uber charging ₹400 for 2-km ride in Noida after heavy rainfall

Neeraja Nath

Bengaluru-based startup Astrobase Space on Friday unveiled 'Everest', India's first full-flow staged combustion (FFSC) rocket engine. Currently, SpaceX is the only company to have flown an FFSC engine in orbital rocket. The fully integrated 80-tonne-class engine uses liquid oxygen and liquid methane and is designed to produce about 800 kilonewtons of thrust in the vacuum of space.

Aug 7th, 2026

B'luru startup unveils India's 1st full-flow rocket engine Everest

Bhawana Chaudhary

After Lok Sabha passed bill allowing Centre to permit MDR on UPI transactions, Payments Council of India (PCI) clarified who bears the cost of operating UPI. Operating UPI involves continuous investment in technology, fraud prevention, cybersecurity, compliance and customer support, stated PCI. Banks, NPCI and payment apps like Paytm and Google Pay, currently bear these costs, it added.

Aug 7th, 2026

Who bears the cost of operating UPI?

Neeraja Nath

Several Sahara investors protested outside Supreme Court in Delhi, demanding refunds of their long-pending deposits. One protester climbed a tree to draw attention to investors' demands. Protesters sought immediate action to recover stuck funds. Notably, a refund portal was launched in July 2023 following Supreme Court order but fewer than 10% of investors have been paid as of February 2026.

Aug 7th, 2026

Sahara investor climbs tree outside SC during protest over pending refunds

Anushka Singh

The Maharashtra government has cleared the rollout of India-based startup Sarvam AI's technologies to its departments with a two-year outlay of ₹11.26 crore. Under the deal Sarvam's AI workspace Indus will be deployed to around 2,500 government users. The firm's agent Samvaad AI will be used in a one-month pilot for outreach to tubercolosis patients for awareness in local languages.

Aug 7th, 2026

Maharashtra clears Sarvam AI rollout to government departments

A Reddit post claiming that a single employee's mistake led to a team losing its work-from-home arrangement sparked widespread discussion online. The post stated that an employee accidentally shared his screen during a client call, revealing an open video game. Hours later, HR mandated full-time office work, though users argued management merely used the incident as an excuse, reports stated.

Aug 7th, 2026

One employee's mistake ends team's WFH policy, post sparks debate

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