The AI chip stock selloff has erased vast amounts of market value even as semiconductor companies report strong demand, limited supply and record earnings. Investors are no longer questioning whether AI needs more chips. They are questioning whether the companies buying them can earn enough to justify the spending. AI Chip Stock Selloff Reflects Higher Expectations Semiconductor shares experienced sharp volatility after years of gains dr

The US Army missile stockpile has reportedly declined after extensive Iran war missile use, raising concerns over the ATACMS stockpile shortage, PrSM missile shortage, and overall US military readiness. Officials are now focused on rebuilding long-range precision missile inventories while maintaining global defense capabilities.   US Army Missile Stockpile Depleted During Iran War The US Army missile stock

Neha Gupta is asking a Miami-Dade judge to order jail officials to separate her from another inmate after alleged assaults and a death threat. The Oklahoma pediatrician remains jailed without bond on a second-degree murder charge in the 2025 death of her daughter, Aria Talathi. Emergency motion seeks separation Neha Gupta, an Oklahoma pediatrician awaiting trial in Miami-Dade County, has asked

Karnataka Chief Minister DK Shivakumar has played down unrest within the Congress after legislators reportedly offered to resign over their exclusion from the expanded Cabinet. DK Shivakumar Downplays MLA Resignations Over Cabinet Snub Karnataka Chief Minister DK Shivakumar has sought to contain growing dissatisfaction within the Congress after two party legislators reportedly offered to resign because they were not included in the latest

Trump Calls Iran Deal Talks Tehran’s Last Chance The Trump Iran deal push entered a critical phase after the US president claimed negotiations were underway and called them Tehran’s last chance. Iran denied direct US talks, saying discussions with Oman concerned only the Strait of Hormuz, leaving the diplomatic process unclear. Trump Says Iran Talks Are Underway

Telangana plans ₹10 crore NRI Bhavan in HyderTelangana plans to establish a ₹10 crore NRI Bhavan in Hyderabad as a centralized service point for overseas visitors. Announced at an ATA gathering in Baltimore, the initiative also seeks Telugu diaspora support for tourism promotion and heritage conservation. The Telangana government plans to establish an NRI Bhavan in Hyderabad with an estimated investmen

Karnataka Chief Minister DK Shivakumar has urged political parties and Kannada organisations to avoid a statewide bandh over the Cauvery dispute. The state plans to protect its water interests legally while prioritising drinking water amid a severe rainfall deficit. Cauvery Bandh Appeal After All-Party Meeting Karnataka Chief Minister DK Shivakumar has appealed to political parties and pro-Kannada organisations to withdraw plans for a

US-Iran Hormuz Deal May Reopen Strait for 60 Days The US-Iran Hormuz deal could reopen the Strait of Hormuz for 60 days without transit fees and renew a fragile ceasefire. Oman and Qatar are helping mediate as President Donald Trump pauses a planned Iran strike, although Tehran has not publicly confirmed every reported term. Hormuz 60-Day Reopening A developing dipl

Prime Minister Narendra Modi will inaugurate the Alluri Sitarama Raju International Airport at Bhogapuram in Andhra Pradesh on Saturday, August 1, 2026. During the visit, he will also launch infrastructure, energy, road and semiconductor projects worth more than ₹17,900 crore.   Bhogapuram, August 1, 2026: Prime Minister Narendra Modi is scheduled to inspect the passenger terminal at around 11 a.m. before formally inaugurati

A farmers’ body has demanded that Karnataka CM DK Shivakumar visit the drought-affected Cauvery delta if CM Vijay travels to Bengaluru for talks. Cauvery Farmers Demand Reciprocal Delta Visit The Cauvery Farmers’ Association has urged Tamil Nadu Chief Minister C Joseph Vijay to arrange a reciprocal visit by Karnataka Chief Minister DK Shivakumar to the Cauvery delta districts, where farmers say Kuruvai paddy crops have withered because

Karnataka has an estimated 2.60 lakh people living with HIV, while around 2.05 lakh are receiving antiretroviral therapy. The figures highlight the need for wider testing, early diagnosis, reduced stigma and faster access to free treatment. Karnataka HIV Report Shows Treatment Coverage Gap Karnataka is estimated to have around 2.60 lakh people living with HIV, while approximately 2.05 lakh are receiving antiretroviral therapy, accord

Trump Announces Hamas Disarmament Agreement for Gaza US President Donald Trump says a Hamas disarmament agreement has been reached under his Gaza peace plan. The proposed phased process links the surrender of weapons to Israeli withdrawal, new Palestinian rule and the deployment of an international Gaza security force. Hamas Disarmament Deal Announced by Trump

The Hadi Matar terror conviction has added a major federal judgment to the Salman Rushdie attack case. A US jury found Matar guilty of terrorism and material-support offences, while the author continues rebuilding his life after surviving the 2022 stabbing. Rushdie attack Matar attacked Salman Rushdie on August 12, 2022, as the acclaimed author prepared to speak at the Chautauqua Institution in

India’s first direct commercial container freight train reached Nepal, eliminating border transshipment and reducing cargo time, handling risks and logistics costs. India-Nepal Direct Cargo Train Marks Historic First India and Nepal have achieved a major cross-border trade milestone with the successful operation of the first direct commercial container freight train from Kolkata Port to the Biratnagar Customs Yard in Nepal. T

MEA data placed before the Lok Sabha shows that 1,340 Indian citizens died by suicide in six Gulf countries between 2023 and 2025. The UAE recorded the highest number, while natural causes and workplace accidents remained major contributors to Indian deaths overseas. UAE cases lead Gulf suicide figures According to figures shared by Minister of State for External Affairs Kirti Vardhan Singh, th

The Anthropic SpaceX deal gives the Claude developer access to one of the world’s largest AI computing clusters at a time when demand is testing its infrastructure. The agreement has already helped Anthropic raise Claude Code limits, but its cost, duration and control terms deserve careful scrutiny. Colossus lease adds major AI capacity Anthropic announced on May 6 that it had reached an agre

Tamil Nadu farmers’ groups urged Chief Minister C. Joseph Vijay to reject proposed bilateral talks with Karnataka over Mekedatu and Cauvery water sharing. Tamil Nadu Farmers Oppose Direct Mekedatu Talks Representatives of several Tamil Nadu farmers’ organisations have urged Chief Minister C. Joseph Vijay not to hold direct talks with Karnataka over the proposed Mekedatu reservoir and the continuing Cauvery water-sharing dispute.

The Cockroach Janata Party emerged from a satirical youth campaign and gained attention during protests over the NEET controversy and education accountability. Its leaders deny immediate electoral plans, but questions remain over whether the movement can build the organisation and wider agenda needed to survive in Indian politics. Cockroach Janata Party rises from youth agitation What began as

OpenAI plans $750 billion AI infrastructure spending by 2030, reflecting its rapidly expanding demand for computing power. The strategy includes Project Camellia, multi-billion-dollar cloud agreements and new data center investments, while raising questions about financing, profitability and the long-term economics of artificial intelligence infrastructure. Project Camellia data center Georgia

The DK Shivakumar PRC drive has triggered a political battle during Karnataka’s SIR, with the BJP alleging vote-bank protection and Congress defending easier access to documents. Karnataka PRC Drive Begins During SIR The Karnataka government has launched a door-to-door campaign to distribute Permanent Residence Certificates and caste certificates while the Election Commission’s Special Intensive Revision of electoral rolls is underway.