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🌍 Global Highlights (10)
1. Global stocks drop sharply—MSCI index slips, dollar rises after weak US jobs data and renewed tariff shock.
2. Trump confirms 25% tariffs on India, effective Aug 1, citing trade and energy ties with Russia.
3. Japan, China & South Korea PMI falls below 50, highlighting trade-related manufacturing contraction. repositions nuclear subs** in response to Russian threats; tensions escalate geopolitically. *Major pipeline of WS pictures from NASA launch, monsoons, protests around world.*
4. *Major pipeline of WS pictures from NASA launch, monsoons, protests around world.* *Canada posts back‑to‑back GDP decline*, deepening recession concerns globally.
5. Canada posts back‑to‑back GDP decline, deepening recession concerns globally. *Asteroid claims debunked: NASA clarifies no solar eclipse or asteroid event on Aug 2.roid claims debunked*: NASA clarifies no solar eclipse or asteroid event on Aug 2.
6. Revenue-fall warnings from global manufacturing firms, mirroring economic fragility.
7. Reemerging investor interest in emerging markets amid rate cut bets globally.
🇮🇳 India Highlights (25 total—incl. Telugu States)
🏛 Parliament & Trade (Aug 2)
1. US 25% tariffs on India now effective, slamming export sectors. Govt affirms ongoing talks.
2. PM Modi urges Swadeshi vigilance, emphasises self-reliance and protecting farmers and youth.
3. Parliament focused on trade fallout, with opposition probing diplomacy failures.
⚖ Supreme Court & Regulatory Moves
4. SC watches tariff effect, but no direct hearings today; govt remains in talks.
5. NSE settles vendor data-sharing case, pays $4.6 million to SEBI.
📊 Economy, Markets & Energy
6. GST collections rise to ₹1.96 trillion in July (+7.5% YoY).
7. Rupee posts steepest drop since 2022 (~2%), pressured by tariffs and FPI outflows.
8. Blue‑chip stocks slump for fifth week, amid global sell-off.
9. R R Kabel redirects exports away from the US, targeting Europe and Middle East.
10. Honeywell Automation India profits down 8.7%, despite revenue growth.
11. ITC beats profit expectations, thanks to consumer good and cigarette sales.
🌱 Policy & Climate
12. India’s new wind-turbine norms enforce local sourcing and data-localisation.
13. Over 50 GW of renewable projects stranded, delayed by transmission bottlenecks.
14. IMF investor interest in REITs/InvITs grows, as SEBI proposes expanding strategic investor base.
🌧 Monsoon & Agriculture
15. IMD forecasts average August rainfall, and surplus in September—positive outlook.
16. Rain deficit persists in parts of Andhra Pradesh, potentially hurting Kharif crop intake.
📍 Telugu States & Regional Developments
17. Andhra districts under rain stress, raising rice-farming concern. *Agri-tech startups may benefit* from turbine norms and climate data infrastructure. (Speculative)
18. Telugu political ripple effects speculated as trade shock hits rural economy. (Speculative)
19. Agri-tech startups may benefit from turbine norms and climate data infrastructure. (Speculative)
20. Film: “Kingdom” continues draw across Telugu states, building local buzz. (Speculative)
🏏 Sports & Culture
21. India leads England by 323 runs in 5th Test at Oval, strong third-day showing.
22. India to send 17 athletes to World Games Chengdu (Aug 7–17).
🚗 Safety & Social
23. At least 18 pilgrims die in Jharkhand bus crash during Kanwar Yatra.
24. Civil defence mock drills conducted across cities like Hyderabad and Delhi as part of preparedness exercises.
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