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Bombay High Court: Mumbai Flooding Is Citizens’ Fault Too, Not Just BMC—July 8
Bombay High Court says Mumbai’s monsoon flooding results from both civic failures and citizens’ actions: encroachments, clogged drains, and misuse of public spaces.

Vedanta Oil & Gas Surges 6.57%, Aluminium Gains 4% as Select Vedanta Stocks Outperform Weak Market
Vedanta Oil & Gas rallied as much as 6.57% to ₹38.25 on July 8, 2026. That gain came despite sharp selling pressure across India’s broader equity market on Wednesday. Vedanta Aluminium Metal shares climbed 4.57% to ₹465.50 during the same session. US-Iran tensions and a fresh crude oil price spike triggered the wider market decline….

OBR Warns UK Debt Could Hit 300% of GDP by 2076 Without Action
OBR warns UK debt could triple to 300% of GDP without fiscal action. Government needs £120bn in tax rises or spending cuts equivalent to entire education budget by 2031-32.

Mahesh Muralidhar Pai Set to Head South Indian Bank Following RBI Clearance
Mahesh Muralidhar Pai will become South Indian Bank’s next Managing Director and CEO. The Reserve Bank of India approved his appointment through a letter dated July 7, 2026. Pai’s three-year term begins on October 1, 2026, succeeding outgoing CEO P R Seshadri. He currently serves as Chief General Manager at Canara Bank, leading digital banking…

Zhipu AI (HKEX: 2513) Jumps 14.16% on Report of Custom AI Chip Development for GLM Models
Zhipu AI shares skyrocketed 14.16% during intraday trading on July 8, 2026. The stock, listed as Knowledge Atlas Technology, touched HK$1,838.00 by 10:45 AM GMT+5. That marked a gain of HK$228.00 over the previous close of HK$1,610.00. The rally follows a report that Zhipu AI is exploring a custom AI chip for its GLM model…

SENSEX Drops 530 Points, NIFTY50 Slips to 24,244 as West Asia Tensions Drive Oil Prices Higher
On July 8, 2026, Indian stock markets came under heavy selling pressure after fresh tensions in West Asia pushed global crude oil prices higher. The BSE Sensex lost more than 530 points, while the NIFTY50 slipped to 24,244 as investors turned cautious. Because India relies heavily on imported crude oil, any sharp increase in oil…

Gold Price Today: MCX Gold Holds at ₹1,47,351, Silver Slips to ₹2,36,966 as Brent Crude Falls 0.41% and Fed Rate-Hike Bets Ease
Gold price today is holding steady on MCX at ₹1,47,351 per 10 grams. Silver has slipped to ₹2,36,966 per kilogram after a strong bounce from recent lows. Brent crude fell 0.41%, and traders are scaling back bets on a Federal Reserve rate hike this year. MCX Gold Holds Near Key Support MCX gold (GOLD) is…

Nvidia Corp (NVDA) Stock Up 1.39% After Pacific Sage Partners Purchases 4,467 Shares
On July 3, 2026, Nvidia Corp. (NASDAQ: NVDA) shares climbed 1.39% after a new regulatory filing revealed that Pacific Sage Partners increased its stake by purchasing 4,467 additional shares. The latest investment adds to the steady flow of institutional buying in the AI chipmaker, which remains one of the market’s most closely followed technology companies….

MCX Gold & Silver Today: Gold Jumps 1.40%, Silver Surges 1.80% as Fed Rate Cut Hopes Boost Bullion
MCX Gold and MCX Silver rallied sharply on July 3, 2026. Gold futures climbed 1.40% to trade near ₹1,41,900 per 10 grams. Silver futures surged 1.80%, touching roughly ₹2,06,500 per kilogram. Weak US jobs data triggered the rally, with June payrolls adding just 57,000 jobs. That figure missed forecasts of 110,000 by a wide margin….