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Fri, Aug 28, 2026
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Day: August 28, 2026

Business News

China issues Level-IV alert after devastating flash floods at Nepal border

FinSiddhiAugust 28, 2026

China has sounded a Level-IV alert following the devastating flash floods at the Tibet-Nepal border, warning that a newly formed barrier lake at the confluence of two rivers faces a high risk of breaching and flooding downstream areas. China’s Ministry of Water Resources on Thursday night sounded an emergency in the Tibet Autonomous Region, cautioning…

Business News

US judge blocks Pentagon’s Anthropic blacklisting in AI safety dispute

FinSiddhiAugust 28, 2026

Hegseth’s unprecedented move, which ​blocked Anthropic from certain military contracts, followed Anthropic’s refusal to allow the military to use its Claude AI models ​for US surveillance

Business News

Smallcap profits surged 37%, outliers account for a big chunk of the gain

FinSiddhiAugust 28, 2026

Smallcap profit party: 37% CAGR, but the fine print matters

Business News

Anthropic in talks with chip startup MatX to speed up chip design

FinSiddhiAugust 28, 2026

As Anthropic scales its Claude ​family of AI models, the firm is looking to produce hardware that can fulfill its voracious appetite for data crunching and reduce its reliance on Nvidia chips

Business News

Death toll from Nepal-Tibet flash flood climbs to 469, search ops continue

FinSiddhiAugust 28, 2026

The death toll from flash floods in central Nepal rose to 469 on Friday, with more bodies recovered as search and rescue operations continued for the third day following the disaster. In a statement, Nepal Police said the bodies were recovered from eight districts of the Himalayan nation. According to the police, 178 dead bodies…

Business News

NBFCs enter new phase of cyclical recovery; MOFSL sees room for re-rating

FinSiddhiAugust 28, 2026

MOFSL highlighted that the current earnings recovery is fundamentally different from periods when earnings upgrades were driven primarily by lower-than-expected credit costs.

Business News

AI deployment by logistics firms cuts RTOs by up to 20% for D2C startups

FinSiddhiAugust 28, 2026

ClickPost, Shiprocket, Unicommerce and Zippee are deploying AI across customer communication, courier allocation and last-mile operations to improve delivery success and lower costs

Business News

Fast-swelling lakes trigger fresh flood warnings in Nepal and China

FinSiddhiAugust 28, 2026

At least 469 people have been confirmed dead, a toll that’s expected to rise in the coming days after fast-moving waters swept through villages, wiping out bridges, roads and entire settlements

Business News

Praggnanandhaa becomes first Indian to win Grand Chess Tour title

FinSiddhiAugust 28, 2026

Grandmaster R Praggnanandhaa became the first Indian player to win the Grand Chess Tour title, beating Fabiano Caruana of United States in the grand finale here. Praggnanandhaa made a remarkable turnaround on Thursday after trailing Caruana at the start of day. The Indian eventually prevailed over Caruana 15-13 to win his maiden GCT title and…

Business News

Fed should raise rates to curb inflation, says ex-RBI chief Raghuram Rajan

FinSiddhiAugust 28, 2026

Markets expect the Fed will raise rates in December as inflation remains elevated, while a sharp rise in bond yields indicates that investors are also pricing in some chance of a September move

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MSFT 505.06 +8.69 +1.75%

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Business News

Too much assistance? Why Nepal declined help but agreed for aid from India, China & others

FinSiddhi August 28, 2026

Too much assistance? Why Nepal declined help but agreed for aid from India, China & others

Business News

‘Phoolon Ka Taaron Ka’ changed my life: ‘Hare Rama Hare Krishna’ actor Satyajeet Puri recalls Dev Anand’s gift

FinSiddhi August 28, 2026
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Suniel Shetty marks Raksha Bandhan with sisters; shares UNSEEN childhood memory; calls them ‘a piece of home’

FinSiddhi August 28, 2026
Business News

Blinkit delivery boy shot dead after momo stall dispute in Gwalior

FinSiddhi August 28, 2026

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