In the last week of July, the government announced a new plan to increase the birth rate. Parents will receive an annual subsidy of 3,600 yuan (about $500) for every child until the age of three. This scheme applies to children born since January 1, 2025. Over three years, a family can get up to 10,800 yuan for each child.
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Donald Trump's proposed 50% tariff on Indian exports casts a shadow over Indian stock markets, impacting sectors like textiles and auto ancillaries. While export-oriented businesses face challenges, analysts suggest focusing on domestic consumption-driven sectors. A potential market dip presents a buying opportunity for long-term investors, leveraging India's resilient economy.
Former US Vice President Kamala Harris, in a recent interview, revealed her decision to step away from politics, including declining to run for California governor, citing a belief that the political system is "broken." Despite leading in early polls, Harris expressed concerns about the system's ability to uphold fundamental democratic principles.
Prajwal Revanna, formerly earning Rs 1.2 lakh monthly as an MP, now faces a stark reality as inmate no. 15528 in Bengaluru Central Prison, where his potential earnings are capped at Rs 540 per month. Awaiting his work assignment, he will adhere to prison routines, including a fixed menu and limited phone calls and visitation.
In Mumbai, a tuition teacher has been booked for allegedly branding an eight-year-old student's palms with a burning candle as punishment for poor handwriting. The boy's father discovered the injuries and confronted the teacher, who did not deny the act. Police have registered a case against the teacher under the Juvenile Justice Act and Bhartiya Nyaya Sanhita.
The Kremlin has urged caution following Donald Trump's announcement of deploying two nuclear submarines closer to Russia. This action was a response to Dmitry Medvedev's provocative statements regarding nuclear capabilities. Trump emphasized the deployment as a precaution, highlighting the US's readiness to protect its people amidst escalating tensions and potential new sanctions against Russia.
Apple's AI division is facing a crisis as key researchers defect to Meta, including multimodal AI expert Bowen Zhang. This exodus, fueled by Meta's lucrative offers and Apple's AI struggles, threatens the iPhone's future and other projects. Investors are concerned about Apple's AI strategy, leading to a significant market value loss and pressure for a major acquisition.
During a Durand Cup match, East Bengal fans protested against the branding of Bengali as a 'Bangladeshi language'. This followed West Bengal CM Mamata Banerjee's strong condemnation of Delhi Police for using the term in an official letter.
Ahaan Panday and Aneet Padda's film 'Saiyaara' sees a drop in collections. The movie earned Rs 2.50 crore on its third Tuesday. Its total collection stands at Rs 304.60 crore. New releases like 'Mahavtar Narsimha', 'Son Of Sardaar 2' and 'Dhadak 2' pose competition. 'Saiyaara' faces a challenge with the upcoming release of 'War 2'.
Ravindra Jadeja etched his name in history, becoming the first Indian to score 500+ runs in a Test series at No.6 or lower, surpassing VVS Laxman's record. His crucial innings at The Oval, along with Yashasvi Jaiswal's century and Akash Deep's resilient knock, propelled India to a commanding lead against England.
Microsoft is considering a stricter 'Return to Office' policy, potentially requiring Redmond employees to work from the office at least three days a week starting January 2026. This shift marks a change from their flexible hybrid model, aligning Microsoft with companies like Amazon and Dell.