Month: August 2026

India produces smart scientists but is struggling to retain them

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India produces smart scientists but is struggling to retain them

Representative image of the Tata Instityte of Fundamental Research, Mumbai. India is spending a historically unprecedented, but otherwise still insufficient, amount of money on scientific research. | Photo Credit: TIFR/Special arrangement Recent reports of nearly 120 scientists resigning from the Indian Space Research Organisation (ISRO) have rightly raised concerns. ISRO has been a symbol of…

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Science

Death toll in explosion during peace rally in NW Pakistan rises to 17

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Death toll in explosion during peace rally in NW Pakistan rises to 17

People carry a casket of a victim of suicide bombing, to transport after collecting from a hospital in Mingora, the main town of the Swat Valley in Pakistan’s Khyber Pakhtunkhwa province on August 2, 2026. | Photo Credit: AP The death toll on Monday (August 3, 2026) rose to 17 in a suicide attack on…

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World

Science must become priority of space missions, we need more money for it: ISRO chief Somanath

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Science must become priority of space missions, we need more money for it: ISRO chief Somanath

S. Somanath, Chairman of the Indian Space Research Organisation (ISRO), told The Hindu that scientific missions ought to be more important in the future. Excerpts: The LVM3 launch vehicle successfully placed 36 satellites of the privately owned OneWeb consortium. However, you have recently indicated that the Chandrayaan-3 mission (to place a rover on the moon)…

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Science

Myanmar’s Aung San Suu Kyi meets Red Cross official, government says

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Myanmar’s Aung San Suu Kyi meets Red Cross official, government says

This handout photo taken and released on August 3, 2026 by Myanmar’s Presidential Press and Information Bureau (PPIB) shows detained former civilian leader Aung San Suu Kyi (L) meeting with Arnaude de Baecque, resident representative of the International Committee of the Red Cross (ICRC) to Myanmar, in Naypyidaw. Myanmar’s Aung San Suu Kyi met with…

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World

Rupee rises 31 paise to 95.12 against U.S. dollar in early trade

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Rupee rises 31 paise to 95.12 against U.S. dollar in early trade

The rupee surged 31 paise to 95.12 against the U.S. dollar in early trade on Monday (August 3, 2026) over a steep fall in global crude oil prices and a softer greenback after US President Donald Trump decided to hold off strikes against Iran. FII inflows, a rise in the country’s forex reserves, and Reserve…

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Business

Stock markets surge in early trade as crude oil prices drop sharply

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Stock markets surge in early trade as crude oil prices drop sharply

Representative image. | Photo Credit: Getty Images/iStockphoto Stock market benchmark indices Sensex and Nifty surged in early deals on Monday (August 3, 2026) following a sharp decline in crude oil prices amid easing geopolitical tensions. Foreign fund inflows also added to markets’ optimism during the initial trade. The 30-share BSE Sensex jumped 470.06 points to…

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Business

Oil prices tumble as Trump cancels attack on Iran to reach nuclear deal

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Oil prices tumble as Trump cancels attack on Iran to reach nuclear deal

Two tankers laden with Saudi oil crossed the Bab el-Mandeb Straitout of the Red Sea over the weekend while traffic in the Strait of Hormuz slowed following reports of vessel ‌attacks, shipping data showed on Monday, August 3, 2026. File | Photo Credit: Reuters Oil ⁠prices tumbled $4 a barrel on Monday (August 3, 2026)…

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World

Japan confirms joint yen intervention with U.S., signals readiness for more action

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Japan confirms joint yen intervention with U.S., signals readiness for more action

Japan and the United States conducted coordinated yen-buying intervention and will ​not hesitate to take further action, Japan’s Finance Ministry said on Monday (August 3, 2026), confirming a rare bilateral action to halt ⁠the yen’s slide to fresh 40-year lows. The news underscores both countries’ resolve to prevent a sell-off in the yen and Japanese…

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World

U.S. Senate leaders reach funding deal to avoid shutdown during campaign season

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U.S. Senate leaders reach funding deal to avoid shutdown during campaign season

The bill generally funds the federal government at current levels through December 11. The House has passed a similar measure, but it did not include various exceptions sought by the White House. Senators have been spending recent days negotiating which of those exceptions to include. | Photo Credit: Reuters Key senators unveiled a short-term spending…

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World