Gold and silver prices fall on Raksha Bandhan; MCX rates also decline
Gold and silver prices declined around Raksha Bandhan, with domestic rates and MCX futures both moving lower. The reported fall includes a reduction in 24-carat and 22-carat gold prices, while silver also became cheaper in Delhi, Mumbai and Kolkata. Global market factors were cited behind the pressure.
97% of Union Cabinet ministers became more active on Instagram after PM Modi’s appeal
Following Prime Minister Narendra Modi’s appeal at the 24 July 2026 Cabinet meeting, 28 of 29 Union Cabinet ministers increased their Instagram activity by 24 August. Home Minister Amit Shah recorded the biggest follower gain, while ministers collectively published 1,179 s, a 48% increase over the previous month.
India plans Javelin anti-tank system purchase as US points to possible co-production
US Ambassador Sergio Gor says India is planning to buy the combat-tested Javelin anti-tank system, describing the move as a major step in bilateral defence ties. The announcement also raises the possibility of future co-production in India, although it does not confirm a final purchase contract or immediate domestic manufacturing.
Nepal flood death toll reaches 469 as scrutiny grows over China’s warning system
Nepal’s flash floods have killed 469 people, left 977 missing and prompted questions about whether China shared timely information before the disaster. China’s embassy has rejected the allegations, while officials and international media reports say the flood’s origin, warning-system activity and cross-border communication remain unclear.
Expert says Hormuz Strait is losing strategic value as oil routes shift to pipelines
The Strait of Hormuz has been effectively closed since Iran’s war with the United States and Israel began, disrupting global energy markets. But Thomas O’Donnell of the Wilson Center says alternative pipelines, emergency oil releases and reduced Iranian capabilities are weakening the waterway’s leverage as an energy transit route.
Over 7 Crore ITRs filed for A.Y. 2026-27 as 31 August deadline nears
Income Tax India has said that more than 7 Crore income tax returns have been filed for A.Y. 2026-27. The 31 August 2026 deadline applies to taxpayers with business or professional income whose returns are not subject to audit.
Bhavish Aggarwal introduces S1Z electric scooter with 301 km IDC range
Bhavish Aggarwal has introduced the S1Z electric scooter, highlighting its 46160 LFP Bharat Cell, a claimed 301 km IDC range and an introductory price of ₹79,999. Bookings are open, with deliveries scheduled for Dec. The announcement presents the model as a new benchmark as India’s electrification expands.
India Today-C Voter survey projects 326 seats for NDA, 185 for INDIA bloc
The India Today-C Voter Mood of the Nation survey projects a majority for the BJP-led NDA if Lok Sabha elections were held today. It estimates 326 seats and 45% of the vote for the alliance, against 185 seats and 39% for the Congress-led INDIA bloc, while other parties are projected to receive the remaining share.
Magnitude 3.0 earthquake recorded in Assam’s Dima Hasao
A magnitude 3.0 earthquake was recorded in Dima Hasao, Assam, at 01:36:12 IST on 28/08/2026, according to the National Center for Seismology. The event was listed at a depth of 14 Km, with its coordinates given as 25.447 N latitude and 93.288 E longitude.
Glacier collapse, not an earthquake, likely triggered devastating Nepal-Tibet floods
Scientists say a glacier collapse near Langtang Lirung may have sent ice, rock and debris into a tributary of the Bhotekoshi River, producing a sudden flood. The event was initially linked to an earthquake-triggered landslide, but US Geological Survey analysis identified the breaking of part of a glacier as the disaster’s cause.
Bhavish Aggarwal says Ola’s LFP battery cell is ready for prime time
Bhavish Aggarwal has announced that the LFP cell developed at the gigafactory is ready for wider use. He said the factory ramp-up is progressing well, while 1000s of vehicles using 4680 cells are already on the road and have covered many millions kms in real-world conditions. The announcement marks the start of Ola’s LFP era.
VB-G RAM G Act expands rural employment guarantee from 100 to 125 days
The Ministry of Rural Development has outlined key provisions of the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, including a 125-day employment guarantee, Gram Sabha-approved planning and a state-decided pause of up to 60 days during the farming season.