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NEW Firstpost Sun 16 Aug 2026 03:20:12 PM

Russia appoints former CJI DY Chandrachud as arbitrator in Ukrainian Oschadbank case

SUMMARY

Russia has appointed former Chief Justice of India, DY Chandrachud, as its arbitrator in the ongoing international arbitration case involving Ukraine's state-owned Oschadbank. The bank is seeking over $1 billion in compensation from Russia for losses suffered due to the 2014 annexation of Crimea. The case is being heard under a bilateral investment treaty between Ukraine and Russia. Chandrachud, who retired as CJI in November 2024, is recognized globally for his legal expertise, making him a notable choice for this high-profile dispute.

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NEW The Hindu Sun 16 Aug 2026 03:20:02 PM

In one of its largest aerial attack, Ukraine kills atleast six in Russia

SUMMARY

In one of its largest aerial assaults, Ukraine launched a massive drone and missile attack on multiple Russian regions, killing at least six people and injuring several others. The strikes targeted energy infrastructure, military sites, and residential areas across Russia, including Moscow and border regions. Russian air defenses intercepted several drones, but significant damage was reported. The attack marked a major escalation in Ukraine's cross-border offensive strategy, signaling its growing capability to strike deep into Russian territory amid the ongoing war.

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NEW News 18 Hindi Sun 16 Aug 2026 03:15:06 PM

This Is India’s First Airport To Make Passenger Announcements In Sanskrit. Any Guesses?

SUMMARY

India's Kushok Bakula Rimpochee Airport in Leh, Ladakh, became the first airport in the country to make passenger announcements in Sanskrit, alongside Hindi and English. This initiative was introduced to promote and preserve the ancient Indian language. The Airports Authority of India (AAI) implemented this unique step as part of efforts to revive Sanskrit in everyday life. The move was widely appreciated by Sanskrit enthusiasts and cultural organizations, highlighting India's rich linguistic heritage and commitment to keeping traditional languages alive in modern public spaces.

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NEW The Hindu Sun 16 Aug 2026 03:05:14 PM

Indian Independence Day celebrations in New York Tri-State area culminate in Guinness World Record

SUMMARY

India's 78th Independence Day celebrations in the New York Tri-State area concluded grandly with a Guinness World Record achievement. The Federation of Indian Associations (FIA) organized the annual India Day Parade on Madison Avenue, one of the largest outside India. During the festivities, participants set a Guinness World Record for the largest gathering of people waving Indian flags simultaneously. The event showcased Indian culture, dance, music, and unity, drawing thousands of Indian Americans and diaspora members celebrating India's freedom and heritage.

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NEW The Hindu Sun 16 Aug 2026 02:50:15 PM

UAE state oil company says vessel attacked in Hormuz Strait

SUMMARY

The UAE's state oil company, ADNOC, reported that a vessel was attacked in the strategically vital Strait of Hormuz, a critical chokepoint through which roughly one-fifth of the world's oil supply passes. The incident heightened tensions in the Persian Gulf region, already strained by geopolitical rivalries involving Iran, the US, and Gulf states. Such attacks raise concerns over maritime security, global energy supply disruptions, and oil price volatility. Investigations were launched to determine responsibility and prevent escalation.

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NEW The Hindu Sun 16 Aug 2026 02:45:14 PM

U.S. lost 45 MQ-9 Reaper drones in war with Iran: report

SUMMARY

In a recently surfaced report, the U.S. military reportedly lost 45 MQ-9 Reaper drones during confrontations linked to Iran and its proxy forces in the Middle East. The MQ-9 Reaper, a key surveillance and strike drone, was targeted by Iranian-backed Houthi militants in Yemen and other groups in the region. These losses highlight vulnerabilities of unmanned aircraft against evolving air defense systems. The incidents raised concerns over U.S. drone reliance in contested environments and the growing threat posed by Iran-aligned militias.

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NEW Dainik Bhaskar Sun 16 Aug 2026 02:45:07 PM

आतंकी कनेक्शन में बेंगलुरु से युवक अरेस्ट:अफगानिस्तान में TTP के संपर्क में था, भारत और पाकिस्तान में हमले की साजिश रच रहा था

SUMMARY

**बेंगलुरु से एक युवक को आतंकी कनेक्शन के आरोप में गिरफ्तार किया गया है। यह युवक अफगानिस्तान स्थित तहरीक-ए-तालिबान पाकिस्तान (TTP) के संपर्क में था। जांच में पता चला कि वह भारत और पाकिस्तान दोनों देशों में आतंकी हमलों की साजिश रच रहा था। सुरक्षा एजेंसियों ने खुफिया जानकारी के आधार पर कार्रवाई करते हुए उसे पकड़ा। उसके फोन और डिवाइस से आतंकी संगठनों से संपर्क के सबूत मिले हैं। मामले की गहन जांच जारी है और अन्य संदिग्धों की तलाश की जा रही है।**

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NEW Mint Sun 16 Aug 2026 02:20:07 PM

India's manufacturing activity slips to near five-year low in July but signals solid growth

SUMMARY

India's manufacturing PMI fell to 52.3 in July 2024, the lowest in nearly five years, down from 58.3 in June, as reported by S&P Global. Despite the decline, the reading above 50 indicates continued expansion. New orders and output growth slowed due to competitive pressures and subdued demand. Input costs rose at the fastest pace in nearly two years, squeezing margins. Employment grew modestly. Firms remained optimistic about future output, citing new product launches and marketing efforts.

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NEW Forbes India Sun 16 Aug 2026 02:20:02 PM

All eyes on RBI as MPC meets amid rising inflation and global uncertainty

SUMMARY

The Reserve Bank of India's Monetary Policy Committee (MPC) is meeting amid rising inflation concerns and global economic uncertainty driven by geopolitical tensions, volatile oil prices, and trade disruptions. Retail inflation has breached RBI's comfort zone, pressuring the committee on interest rate decisions. Markets anticipate whether RBI will hold, hike, or cut the repo rate to balance growth and price stability. The outcome will impact borrowing costs, liquidity, and investor sentiment across sectors.

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NEW Mint Sun 16 Aug 2026 02:15:12 PM

SSY vs PPF in 2026: Compare interest rates, tax benefits, returns and key differences

SUMMARY

**SSY vs PPF in 2026: Key Comparison**

In 2026, Sukanya Samriddhi Yojana (SSY) offers 8.2% interest, while PPF provides 7.1%. SSY is exclusively for girl children (up to age 10), with a 21-year maturity, whereas PPF is open to all Indian residents with a 15-year tenure. Both enjoy EEE tax benefits—exempt on investment (Section 80C, up to ₹1.5 lakh), interest earned, and maturity proceeds. SSY requires a minimum ₹250 deposit; PPF also requires ₹500. SSY delivers higher returns due to superior interest rates, making it ideal for daughters' future planning. PPF offers more flexibility with partial withdrawals after 7 years and loan facility. Both are government-backed, ensuring safety.

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NEW The Hindu Sun 16 Aug 2026 02:10:02 PM

ONGC gets U.S. licence to resume full Venezuela operations, eyes operatorship

SUMMARY

India's ONGC Videsh has received a U.S. license allowing it to resume full operations in Venezuela's Petro San Cristobal joint venture, where it holds a 40% stake alongside PDVSA. The license, granted amid easing U.S. sanctions, enables ONGC to restart investments, boost oil production, and repatriate pending dividends. ONGC is also exploring operatorship of the venture to increase output. This marks a significant step in India's energy diplomacy and efforts to diversify crude oil sourcing amid global supply uncertainties.

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NEW Moneycontrol Sun 16 Aug 2026 02:05:14 PM

How to read Company Result: मुनाफा बढ़ना रिजल्ट अच्छा होने की गारंटी नहीं, शेयर खरीदने से पहले ये बातें भी करें चेक

SUMMARY

# कंपनी रिजल्ट कैसे पढ़ें

सिर्फ मुनाफा बढ़ने से रिजल्ट अच्छा नहीं माना जा सकता। शेयर खरीदने से पहले रेवेन्यू ग्रोथ, ऑपरेटिंग प्रॉफिट मार्जिन, नेट प्रॉफिट मार्जिन, कर्ज का स्तर और कैश फ्लो जरूर चेक करें। कई बार एकमुश्त आय या एसेट बिक्री से मुनाफा बढ़ता है जो टिकाऊ नहीं होता। YoY और QoQ ग्रोथ की तुलना करें। EPS, PE रेशियो और प्रमोटर होल्डिंग में बदलाव भी देखें। मैनेजमेंट की गाइडेंस और सेक्टर ट्रेंड समझना भी जरूरी है ताकि सही निवेश निर्णय लिया जा सके।

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NEW The Hindu Sun 16 Aug 2026 02:00:07 PM

What do the latest White House allegations mean for India? | Explained

SUMMARY

**White House Allegations & India**

Recent US allegations involve an Indian government official linked to a plot to assassinate Sikh separatist Gurpatwant Singh Pannun on American soil. The US Justice Department unsealed an indictment implicating an Indian national with ties to India's intelligence apparatus. This has strained US-India relations, raising diplomatic concerns. India formed a committee to investigate, distancing itself officially. The allegations threaten the strategic partnership, impacting defense, trade, and trust between both democracies amid growing geopolitical cooperation against China.

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NEW The Hindu Sun 16 Aug 2026 01:55:10 PM

Rejuvenation of irrigation channels, ponds to begin in Tamil Nadu under VB-G RAM G scheme

SUMMARY

Tamil Nadu government is set to begin rejuvenation of irrigation channels and ponds under the Valarum Bharatam-Gramin Rashtriya Ajeevika Mission (VB-G RAM G) scheme. This initiative aims to restore and revitalize traditional water bodies to improve agricultural productivity, ensure water security, and support rural livelihoods. The scheme focuses on desilting channels, strengthening bunds, and enhancing water storage capacity. It will benefit farmers by improving irrigation access, boosting groundwater recharge, and creating employment opportunities for rural communities across the state.

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NEW Hindustan Times Sun 16 Aug 2026 01:55:02 PM

'Always been insensitive': Javed Akhtar slams Pak President Zardari's 'tolerate Hindus' remark

SUMMARY

Indian lyricist-poet Javed Akhtar criticized Pakistan President Asif Ali Zardari for using the word "tolerate" while speaking about Hindus in Pakistan. Zardari, during a Hindu festival event, urged Pakistanis to "tolerate" Hindus, sparking outrage. Akhtar called the remark insensitive, stating that minorities deserve equal rights, not mere tolerance. He highlighted Pakistan's historically poor treatment of minorities and said such language reflects deep-rooted prejudice against non-Muslims in the country.

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