PwC is reshaping its training programs as AI transforms the accounting industry. Junior accountants will quickly assume manager-level responsibilities, overseeing AI systems that handle routine tasks. The firm is emphasizing fundamental audit principles, critical thinking, and advanced analytical skills for new hires to adapt to the evolving landscape.
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Google's CEO Sundar Pichai and executives like Brian Saluzzo are urging employees to accelerate the integration of AI into their workflows, aiming for increased productivity and efficiency. This push includes internal AI tools like Cider and training programs developed with DeepMind, such as "Building with Gemini," to enhance software engineers' capabilities.
With less than two weeks before the US fall semester, Indian students face a severe F-1 visa crisis marked by appointment shortages and rising rejections. Student arrivals may drop nearly 70%, disrupting academic plans and US university revenues. Delays stem from stricter screening, suspended interviews, and regulatory changes, pushing many to consider alternative study destinations.
The Army revisits the 1971 war with Pakistan. Newspaper clippings from 1971 show Pakistan's military buildup. They also highlight unrest in then-East Pakistan. The US backed Pakistan during the war. This reminder follows India's rejection of US criticism over energy trade with Russia. Tensions between India and Pakistan are currently high after a terror attack.
Satya Pal Malik, the former Governor of Jammu and Kashmir, passed away at 79 in New Delhi due to complications from a urinary tract infection and kidney failure. He served as the last Governor of J&K during the abrogation of Article 370 in August 2019.
Assam Chief Minister Himanta Biswa Sarma launched a scathing attack on Rahul Gandhi, branding him "anti-national" and accusing him of supporting Bangladeshi and Pakistani Muslims. This came after Gandhi criticized Sarma, alleging corruption and predicting his imprisonment. Sarma retaliated, dismissing Gandhi's claims and asserting his connection to Assam, while accusing the Congress leader of outdated thinking.
Gurgaon police have registered a case against a woman and a male driver for performing a dangerous stunt on the Delhi-Jaipur highway. The woman was filmed sitting on the roof of a moving Mahindra Thar, prompting criticism after the video circulated on social media. Authorities filed charges at DLF Sector 29 police station, citing endangerment to themselves and others.
India, who were fourth before the Oval Test, have moved up to third in the WTC standings, swapping places with England, who dropped to fourth after suffering their second defeat of the cycle. Although both teams have identical records, two wins, two losses, and one draw, England lost two crucial points due to a slow over rate in the Lord’s Test, giving India the edge.
In a dramatic turn at The Oval, injured England all-rounder Chris Woakes displayed immense courage by batting with a dislocated shoulder during a tense chase against India. Despite being officially ruled out, Woakes walked in to a standing ovation with England needing 17 runs. Though he didn't face a ball, his presence inspired.
Delhi was severely affected by incessant heavy rains, leading to widespread waterlogging and traffic disruptions across key areas like Vasant Kunj and Connaught Place. The India Meteorological Department initially issued a red alert, which was later downgraded to yellow, forecasting continued thunderstorms until August 12. The city recorded significant rainfall, with Safdarjung reporting 78.7 mm.
Tesla is expanding its presence in India, opening its second showroom in Delhi on August 11, following its Mumbai debut. The new Tesla Experience Centre will be located in Aerocity's Worldmark 3 complex. Tesla officially entered India last month with the launch of its Model Y, with deliveries expected to begin in the third quarter of 2025.