Neeraja Nath
Bombay HC criticised Maharashtra Food and Drug Administration (FDA)'s decision to cancel Amazon Retail India's Bhiwandi warehouse food licence. "We need to tell you...in order to implement your policies vigorously, you try to kill a mosquito with a sword," the bench said. FDA had alleged Amazon warehouse was sending expired food into the retail market instead of scientifically destroying it.
Aug 8th, 2026

Bhawana Chaudhary
Gen Z in India are purchasing homes later in life after building liquid wealth and earning enough to comfortably absorb loan EMIs, experts said. However, if Gen Z stops buying houses, it'd slow construction, hitting daily-wage labourers first. It'd also slow home loans for banks and reduce states' income via stamp duty, which could result in a cut in capex.
Aug 8th, 2026

Bhawana Chaudhary
Cult Founder Rishabh Telang has been accused by former co-founder and brother-in-law Deepak Poduval of forging his signatures to wind up original entity Cult Fitness, reported Moneycontrol. Poduval alleged that using forged documents, his 50% stake was removed from records without compensation. Poduval said he discovered this while reviewing records available on Ministry of Corporate Affairs.
Aug 8th, 2026

Bhawana Chaudhary
Producer Naga Vamsi claimed Telugu film industry never releases a promotional poster without inflating box-office numbers. "Why is there a necessity to publish correct numbers?" he asked. Notably, Ram Charan's box-office disaster 'Game Changer' was accused of inflating collections by up to ₹100 crore, while Vamsi-backed 'Daaku Maharaaj' faced similar allegations.
Aug 8th, 2026

Ishita Ranganath
US has sanctioned six entities and one person linked to Iran's alleged illicit activities, accusing it of using cryptocurrency networks to move billions of dollars. This aims to cut off Iran's funds to "support terrorism", said US State Department spokesperson Tommy Pigott. US has also offered $15 million for information to disrupt Iran's finances for IRGC and its affiliated branches.
Aug 8th, 2026

Anushka Singh
The US administration will invest $3 billion in critical minerals and battery projects, President Donald Trump announced on Friday. The investment is aimed at strengthening domestic production, boosting industrial policy, and countering China's dominance on supply chains. "We're reclaiming US' rightful place as the minerals superpower of the world," Trump said at a meeting of mining executives.
Aug 8th, 2026

Pravel Jain
India's food safety regulator FSSAI had warned Diageo that its claim that one of its top-selling whiskies was "matured in American oak casks" was misleading, when most of the product had not been matured, Reuters reported. This comes after FSSAI barred the sale of Diageo's Royal Challenge Whisky manufactured in Madhya Pradesh, among others, over the use of artificial flavouring.
Aug 8th, 2026

Ankush Verma
Russian Deputy Prime Minister Marat Khusnullin has proposed a rail route with India. "A rail link to the Indian Ocean should also be explored. Risks related to Bosphorus and Strait of Hormuz might require alternative routes: through Turkmenistan, Iran, Afghanistan, and Pakistan. Any options providing access to India are acceptable," Khusnullin said.
Aug 8th, 2026

Anushka Singh
Anthropic's Claude Code now allows users to let their active AI sessions message each other directly to share findings, ask questions, and coordinate on work, the firm announced on Friday. The feature lets independent sessions find and talk to each other without any human intervention with plain-text summaries. The sessions do not share any files or conversation history while messaging.
Aug 8th, 2026

Anushka Singh
OpenAI said it is pausing some internal development work on its upcoming model Astra as it reached the critical cybersecurity threshold. The firm said the model could now autonomously identify and exploit zero-day vulnerabilities and carry out cyberattacks against well-protected systems. The model's development will now be moved into an isolated testing environment with restricted network access.
Aug 8th, 2026

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