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• Asian stock markets showed mixed results on Tuesday following a decline in U.S. shares after the Federal Reserve raised interest rates for the first time in three years. • Taiwan’s Taiex index jumped 1.3% and South Korea’s Kospi gained 0.9%, while the Hong Kong Hang Seng fell 0.7% to 24,533.46. • These fluctuations reflect how global markets react to changes in U.S. borrowing costs, which can influence investor appetite for risk in emerging markets.

• Prime Minister Narendra Modi will inaugurate SEMICON India 2026 on Thursday, launching a three-day conference and exhibition for the electronics industry. • The event will bring together a diverse group of investors, researchers, and start-ups from across the semiconductor and electronics value chain. • This gathering provides a platform for the Indian government to attract foreign investment and technical expertise to build a domestic chip-making ecosystem.

• A court blocked a last-minute effort by President Trump to change the rules regarding the use of mail ballots. • Washington State elections director Stuart Holmes noted that ballots were already printed, making a shift in rules very costly. • The ruling prevents election officials from having to execute contingency plans, such as the one in Weber County, Utah, to abandon mail voting entirely.

• India faces a shortage of fifth-bowling options for the second T20I against Afghanistan in New Delhi on Tuesday. • Varun Chakravarthy was ruled out of the match on Monday due to a fresh side strain, joining Hardik Pandya on the sidelines. • These absences force the team to find an alternative bowling strategy to secure a series victory.

• The Bank of Canada is expected to maintain current interest rates during its upcoming policy decision in October. • Core inflation measures, which exclude volatile food and energy prices, are likely to remain near the 2 per cent target. • A decision to hold rates provides stability for borrowers and businesses facing high borrowing costs.

• Malaysia Prime Minister Anwar Ibrahim called for increased expertise in artificial intelligence and modern technology during a speech on Sunday. • Ibrahim warned that societies without a strong understanding of AI risk being weaponised by foreign forces. • This push for technical literacy aims to protect national security and societal stability from external technological manipulation.

• The BRICS grouping adopted a joint declaration on Saturday after overcoming sharp divisions between Iran and the UAE regarding the West Asia conflict. • The agreement followed a series of back-channel negotiations to reach a consensus among the member nations. • This diplomatic breakthrough allows India to maintain leadership and stability within the intergovernmental organization.

• European equities dropped to session lows after the European Central Bank raised interest rates to their highest level since 2025. • The decision followed a surge in Eurozone headline inflation to 3.3% in August, driven by a 14.3% increase in energy costs. • Higher rates aim to stop rising energy prices from triggering a cycle of higher wage demands and service pricing across the region.

• The External Affairs Ministry confirmed that leaders from China, Russia, Egypt, Ethiopia, and Indonesia are expected to attend a summit in Delhi. • Attendees include Chinese President Xi Jinping and Russian President Vladimir Putin. • The meeting addresses global supply chain crises in energy and agriculture caused by wars in Ukraine and West Asia.

• India will face Bangladesh in the first semifinal of the Women’s Asia Cup in Dubai this Thursday. • India enters the match as the overwhelming favorite after winning the championship seven times. • The outcome determines which team advances to the final of the regional tournament.

• The Delhi High Court criticized the central government on Tuesday for revealing the identity of a workplace sexual harassment survivor in an official handbook. • The Ministry of Women and Child Development included the survivor's name in a guide regarding the Prevention of Sexual Harassment (POSH) law. • This breach of confidentiality undermines legal protections designed to shield victims of workplace abuse from public exposure.

• Prime Minister Narendra Modi will visit Gujarat and Maharashtra on Tuesday to inaugurate the Global Fintech Fest and launch several development projects. • The Prime Minister is dedicating projects worth Rs 35,000 crore to the nation, starting with a visit to Vadodara in Gujarat. • These investments represent a direct injection of capital into regional infrastructure and the financial technology sector.

• The Jharkhand state government cancelled all scheduled programs and closed all government offices on September 7. • An official notification confirmed that hearings related to the special intensive revision of electoral rolls for that date were also postponed. • These closures mean that citizens cannot access government services or attend official legal proceedings on that day.

• Asia-Pacific stock markets rose following signals from a U.S. Federal Reserve Governor that interest rates will likely remain steady. • Key gains were seen in Hong Kong's HSI (+2.10%), South Korea's KOSPI (+1.07%), and China's SZI (+1.04%), while Australia's ASX 200 saw a slight dip of 0.14%. • The positive momentum reflects investor optimism regarding U.S. monetary policy, though markets remain sensitive to oil prices and the rebounding Japanese yen.

Telle has previously worked for Trump during his first term as a special assistant to the president for legislative affairsDonald Trump on Thursday named Adam Telle as the acting army secretary after the departure of Daniel Driscoll amid widespread reports of tensions with defense secretary Pete Hegseth.Telle is currently the assistant secretary of the army for civil works. Continue reading...

• Italian Prime Minister Giorgia Meloni faces scrutiny over her government's delivery as Italy heads toward the next general election due by the end of 2027. • The Indian under-21 men’s hockey team is competing for a record-extending sixth title at the AHF Junior Asia Cup. • The Indian women's under-21 team is seeking a hat-trick of trophies as defending champions in their category.

• India will face Hong Kong this Thursday in their second match of the Women’s T20 Asia Cup in Dubai. • Despite being seven-time champions across ODI and T20 formats, India experienced a batting collapse during the second half of their opening match against Thailand. • The team must now address these batting frailties to ensure a more complete and stable performance in the tournament.

• Chevron has confirmed it will expand its operations in Venezuela, aligning with President Donald Trump's strategic plan to develop the nation's vast oil reserves. • The announcement comes amid broader geopolitical tensions, including Mark Carney pushing back against a new series of attacks originating from Washington. • This move signals a shift in U.S. energy policy toward leveraging Venezuelan resources, while new polling simultaneously highlights growing concerns over corruption within the U.S. government.

• Stock futures are experiencing volatility as global bond yields react closely to fluctuations in oil prices. • Market sentiment has shifted toward a new baseline expectation that the Federal Reserve will implement a rate hike in September. • Fed Chair Kevin Warsh indicated that current inflation is not decreasing rapidly enough to meet targets, necessitating action given the strength of the economy.

• Euro zone inflation has risen above 3%, prompting expectations that the European Central Bank (ECB) will hike interest rates in September. • The surge is largely attributed to rising energy costs driven by the conflict in Iran, complicating the ECB's monetary policy. • Higher borrowing costs threaten to squeeze indebted households, weaken housing markets, and discourage business investments.

• The Supreme Court is scheduled to hear a plea on Monday challenging a provision of the Income Tax Act regarding political funding. • The legal challenge targets the rule allowing political parties to receive anonymous cash donations of less than ₹2,000. • Petitioners argue that this lack of transparency undermines the purity of elections by hiding the motives and identities of donors from voters.

Tory leader expected to install Tom Tugendhat as shadow foreign secretary as Cleverly quits to run for London mayorKemi Badenoch is to reshuffle her shadow cabinet on Monday, and is expected to install Tom Tugendhat as shadow foreign secretary to replace Priti Patel.Tugendhat, a former security minister, was a leadership candidate who had previously declined to join the shadow cabinet. Badenoch is also expected to replace James Cleverly, the shadow communities secretary, who has resigned from the shadow cabinet to run for London mayor. Continue reading...

• India's women's cricket team, led by Harmanpreet Kaur, will face Thailand in their Women’s T20 Asia Cup Group A opening match this Sunday in Dubai. • The team enters the tournament under scrutiny regarding their consistency and recent form in the shortest format of the game. • This match serves as a critical opportunity for India to reverse a period of ordinary performance and establish momentum in the competition.

Social services minister says social media was playing a role in the increase of sexual violence among teenagersFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe government is considering allowing users to opt in or opt out of social media algorithms, and is looking at a recent UK ban on depictions of strangulation and suffocation in pornography.The social services minister, Tanya Plibersek, said social media was “playing a huge role” in the increase in sexual violence among teenagers and choking, and confirmed the options were being considered as the government develops its second action plan to end family and domestic violence against women and children. Continue reading...

• The Gorakhpur Development Authority (GDA) and the local municipal corporation have launched a series of significant urban infrastructure projects. • The initiative includes the official inauguration of 31 completed civic works and the laying of foundation stones for 109 new projects. • These developments aim to enhance the city's civic amenities and overall urban infrastructure through coordinated GDA and municipal efforts.

• Several high-profile players, including Julián Alvarez, Bradley Barcola, Enzo Fernández, and Cody Gakpo, are potential targets for transfers during the final week of the summer window. • Former Arsenal record-scorer Thierry Henry has publicly praised Julián Álvarez, highlighting his versatility as a striker and his ability to pressure defenders and score free-kicks. • These potential moves are significant as clubs scramble to finalize their squads and strengthen key positions before the deadline.

• The government has issued an urgent flood alert after satellite imagery revealed a lake forming upstream of the Bhotekoshi River due to a blockage. • Authorities warn that the blockage could burst, posing a significant risk of flash flooding to downstream areas. • The situation is critical as 910 people remain missing, including 517 foreign nationals from over 30 countries such as India, the U.S., Ukraine, Malaysia, Australia, and Britain.

• The Supreme Court ruled in favor of Donald Trump regarding mail-in voting on Monday, though the court stopped short of declaring his specific order legal. • The decision avoids a definitive ruling on the legality of the voting mandates, leaving significant legal ambiguities unresolved. • This lack of clarity matters because it fails to settle the underlying dispute, potentially leading to widespread confusion for voters and election officials.