- Kennedy Center Must Pay Musician $250,000 in Trump Name Spat August 11, 2026The John F. Kennedy Center for the Performing Arts in Washington was ordered to pay more than $250,000 in legal fees to a musician who canceled a Christmas Eve concert over the venue’s move to add President Donald Trump’s name.
- SpaceX’s Nvidia tie-up signals AI spending is moving beyond hyperscalers, expert says, ‘these sectors matter as…’ August 11, 2026Elon Musk announced a partnership between SpaceX and Nvidia, introducing AI systems for space and ground deployment.
- Why has Accenture asked staff to delay unused vacation? CEO Julie Sweet says ‘we all need to find more ways to serve’ August 11, 2026The one-time change means Accenture staff can roll over any unused holiday entitlement when the company’s new financial year begins on September 1.
- Zuckerberg calls for AI decentralisation, takes swipe at OpenAI, Anthropic: ‘Balance of power at stake’ | 5 takeaways August 11, 2026Mark Zuckerberg envisions a future where everyone has their own AI agent to improve their lives, emphasizing open-source AI to prevent power concentration. He also announced Meta’s new AI model and a $1 billion investment in communities tied to its data centers.
- Delhi HC directs Sun Pharma to take permission before launching semaglutide August 11, 2026Delhi High Court ordered Sun Pharma to seek judicial approval before launching semaglutide tablets, following a patent infringement suit by Novo Nordisk. The order requires Sun Pharma to return to court once it secures a manufacturing licence.
- Government proposes 40% hike in SC/ST atrocity compensation to up to Rs 12 lakh August 11, 2026The government plans a substantial compensation hike for atrocity victims under the SC/ST Act. Financial assistance will also be provided to states for special police stations. This move aims to strengthen the enforcement of the SC/ST (Prevention of Atrocities) Act. The proposal seeks to address concerns over inadequate institutional infrastructure for handl […]
- India's 'BBB-' rating unchanged: Fitch cites energy shocks, fiscal weakness, but praises growth August 11, 2026Fitch Ratings kept India's sovereign credit rating at BBB- with a stable outlook. Robust growth and solid external finances balance fiscal weaknesses and energy shocks. India's macroeconomic stability and policy credibility could underpin continued robust growth. High deficits and debt constrain the rating, despite recent fiscal consolidation effor […]
- New foreign investment rule looms over AIFs, foreign investors August 11, 2026A new regulation threatens alternative investment funds' established structures. These funds have relied on Indian ownership for sponsor and manager control. The draft rules suggest foreign investor funding could now determine control status. This change may impact investments in restricted sectors like real estate. Existing funds await clarity on grand […]
- India-SACU trade pact talks to begin by September, conclude within a year August 11, 2026India and Southern African Customs Union will sign terms of reference for trade pact negotiations soon. These talks are expected to conclude within one year of their formal commencement. India and Namibia have identified critical minerals for bilateral economic cooperation. Various sectors like renewable energy and health will see increased collaboration. Fu […]
- Govt issues advisory against two Bhutanese cos on trade risks August 11, 2026The government has advised exporters, banks and trade bodies to exercise heightened caution while dealing with Bhutan-based Legoy Powersports and Druk A-Z Store, citing potential trading risks and lack of cooperation in resolving concerns involving the two firms.
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