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Sports News (26th August, 2025)

1. Luis Torrens Powers Mets with a Five-RBI Game New York Mets’ Luis Torrens smashed a three-run homer and matched his career-high with five RBIs to lead his team to a comeback victory over the Phillies, turning a three-run deficit into a commanding 13–3 win. 2. Golden Double for India’s Sift Kaur Samra At the Asian Shooting Championships in Shymkent, Kazakhstan, Olympian Sift Kaur Samra clinched both individual and team gold in the Women’s 50m Rifle 3 Positions event. She finished with a stellar 459.2 in the final and led the team to a 1753-point haul. 3. Ref Cam Debuts in Premier League, Some Fans Feel the Motion Sky Sports introduced a new “referee cam” during the Newcastle vs. Liverpool match, giving viewers an immersive, on-field perspective. However, the feature sparked complaints—some fans reported feeling motion sickness. 4. Divyanshu Singh Named CEO of JSW Sports Divyanshu Singh has been promoted to CEO of JSW Sports, succeeding Mustafa Ghouse who will now focus o...

Economics News (23rd August, 2025)

India–U.S. Trade Negotiations & Tariffs India's Foreign Minister Subrahmanyam Jaishankar confirmed that trade talks with the U.S. are still underway. However, hefty U.S. tariffs—25% currently in effect and another 25% set to be imposed on August 27—loom over Indian exports, particularly due to India’s increased purchases of Russian oil. A planned visit by U.S. trade negotiators from August 25–29 has been canceled, dimming hopes of relief. Economists at Capital Economics warn that if fully enforced, these tariffs could shave 0.8 percentage points off India’s economic growth in both 2025 and 2026, and potentially undermine India’s future as a global manufacturing hub. U.S. Interest Rate Outlook – Jackson Hole Speech by Fed’s Powell Federal Reserve Chair Jerome Powell delivered a closely watched speech at the Jackson Hole symposium, hinting that interest rate cuts may be on the horizon—potentially as early as September. He cited a weakening labor market and persistent inflati...

SmartPhones Launches in September 2025

Apple iPhone 17 Series Apple is widely expected to unveil the iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max in September 2025, with the event likely during the week of September 8–9. One leak suggests the iPhone 17 Pro Max could be announced between September 11 and 13, with sales starting around September 19. Apple is also reportedly manufacturing all iPhone 17 models in India, marking a significant shift in its supply chain. TECNO’s World’s Slimmest Curved 5G Smartphone TECNO is gearing up to launch what it claims to be the world’s slimmest curved 5G smartphone in India, expected in September, priced around ₹80,000. Other Upcoming Smartphones (Possibly in September or Broader Q3) These models appear on curated upcoming launch lists for August/September—it’s not guaranteed all will release in September, but they’re noteworthy: Samsung Galaxy A17 5G Vivo T4 Pro 5G Bluefox NX1 Motorola Edge 70 Pro iQOO Z10 Turbo Plus Nokia Oxygen Ultra 5G Realme GT 100...

Business News (20th August, 2025)

Target announces upcoming CEO transition Target has revealed that Chief Operating Officer Michael Fiddelke—who started as a summer intern in business school—will succeed Brian Cornell as CEO in February 2026. Fiddelke plans to refocus the company on its unique merchandise and in-store experience, while addressing fulfillment and supply-chain issues. Despite recent challenges, Target remains confident in its full-year targets. This leadership change also led to a nearly 9–10% drop in Target’s stock during premarket trading. Private Equity Deal: Carlyle acquires Intelliflo The Carlyle Group has purchased UK wealth-management software provider Intelliflo for around $205 million, outbidding competitors like Bain Capital. Intelliflo—the former Invesco-owned business—serves over half of the UK's financial advisers, managing $1 trillion in assets. Though it generated £44 million in revenue last year, its post-tax profit was a modest £400,000. Pritzker Private Capital raises record $...

Sports News (19th August, 2025)

MLB: Phillies Dominate Mariners Philadelphia Phillies surged to a commanding 12–7 victory over the Seattle Mariners. Trea Turner notched four hits, including his 1,500th career hit, while Bryce Harper homered twice. J.T. Realmuto also added a homer. Pitcher Ranger Suárez struck out 10 in 6⅔ innings to secure the win. Cricket: Asia Cup Squad Announcement Delayed by Mumbai Rains Heavy rains in Mumbai disrupted BCCI's press conference originally scheduled for 1:30 PM IST, now expected at 2:00 PM IST. Speculation is rife over the 15-member Asia Cup squad, with Suryakumar Yadav set to captain. Potential inclusions may be Shreyas Iyer, Rinku Singh, Washington Sundar, and Riyan Parag. The wicketkeeper options include Sanju Samson, Jitesh Sharma, and Dhruv Jurel, while KL Rahul’s place remains uncertain. Tennis: US Open Mixed Doubles Revamped The 2025 US Open Mixed Doubles kicks off today (August 19), with a new format designed to spotlight top singles stars. Notable pairings ...

GeoPolitical News (18th August, 2025)

1. High-Stakes Ukraine Diplomacy in Washington Ukrainian President Volodymyr Zelenskyy is in Washington, D.C., meeting with U.S. President Donald Trump and several European leaders to discuss peace negotiations and ensure unity in the face of ongoing Russian aggression. Zelenskyy strongly rejected any territorial concessions to Russia and stressed the need for concrete security guarantees. Meanwhile, reports indicate that Russian missile and drone attacks killed civilians in Kharkiv and Zaporizhzhia, adding urgency to the diplomatic talks. European concerns are mounting over possible U.S. pressure on Ukraine to make concessions. The UK’s Prime Minister Keir Starmer has proposed sending British troops to Ukraine as part of a potential security arrangement, emphasizing the need for meaningful support. 2. U.S.–India Tensions Amid Trade and Energy Dispute The U.S.–India relationship is embroiled in escalating tension. The Trump administration has imposed hefty tariffs—up to 50%—on I...

Business News (13th August, 2025)

Market & Macro Highlights Global markets rally on rate-cut optimism U.S. stock futures rose sharply, with the S&P 500 and Nasdaq at record highs, driven by a steady July inflation reading and growing expectations of a Federal Reserve rate cut. Treasury yields and the dollar weakened. Treasury Secretary pushes for sizable Fed cut Scott Bessent called for a 50 basis-point rate reduction at the Fed’s upcoming September meeting, citing stable inflation. This propelled global indices—including the MSCI World, U.S., and Japanese markets—to all-time highs. Oil prices dipped amid higher OPEC+ supply projections. Wall Street responds favorably to inflation data Markets closed sharply higher following softer-than-expected U.S. inflation numbers for July. Corporate and Industry News Perplexity bids $34.5 billion for Google Chrome In a surprising move, AI startup Perplexity launched an unsolicited takeover offer for Google’s Chrome browser—an unusual bid amid increasing regulato...