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Bank Holiday Today, August 28: Are Banks Closed for Raksha Bandhan? Check State-Wise List
Bank holiday today, August 28, 2026, applies to 11 states and union territories for Raksha Bandhan. The RBI holiday calendar confirms closures across Gujarat, Rajasthan, Uttar Pradesh, and several other regions. Banks in Delhi, Maharashtra, West Bengal, Karnataka, and Tamil Nadu remain open as usual. Customers can still access digital services like UPI and net…

NCLT Approves Subhash Chandra Settlement: ₹22,006 Crore Debt Cut to ₹6.5 Crore
NCLT approves Subhash Chandra’s settlement plan: ₹22,006 crore debt reduced to ₹6.5 crore with 99.97% haircut. HDFC Bank considers appeal as Congress criticizes ruling.

Bayern’s Ibrahimovic Open to Exit as Werder, Union Circle August 28
Bayern Munich open to loaning Arijon Ibrahimovic before September 1 deadline. Werder Bremen and Union Berlin interested; Atalanta seeking permanent transfer. 20-year-old unhappy with club’s public statements.

Sonal Dinusha Scores Twin Centuries vs India, Joins Elite Test Club on August 27
Sonal Dinusha scores 103 and 133* in Colombo Test, becoming third batter ever to score centuries in both innings after follow-on. Sri Lanka draws 2nd Test vs India.

Malaysia’s Ex-PM Ismail Sabri Charged With Concealing $40M in Assets on August 27
Ismail Sabri Yaakob, Malaysia’s shortest-serving PM, charged with concealing US$40M in undeclared assets including foreign currencies and gold bars. Faces up to 5 years prison if convicted.

AstraZeneca (AZN) and Amgen’s Tezspire Succeeds in Late-Stage Oesophagus Disease Trial
AstraZeneca said Thursday its drug Tezspire met all primary and secondary goals in a late-stage trial. The Phase III CROSSING trial tested Tezspire against placebo in eosinophilic oesophagitis (EoE). AstraZeneca developed the drug jointly with Amgen for this chronic inflammatory oesophagus condition. What the CROSSING Trial Showed The Phase III CROSSING trial evaluated two once-every-four-week…

Nvidia Stock Drops 1.6% Despite $96.2B Revenue Beat on August 27
Nvidia posts record $96.2B Q2 revenue and forecasts 70% growth for fiscal 2028, but stock slides 1.6% as investors fret over slowing expansion and supply limits.

Halfords (HFD) Shares Jump 12% to 4-Year High After Raising FY27 Profit Forecast
Halfords shares surged as much as 13.9% to 274.50p on August 27, 2026, marking a fresh 52-week high. Shares later settled near 268.00p, up 11.2% from Wednesday’s close of 241.00p. The UK’s largest motoring and cycling retailer raised its FY27 underlying profit guidance to £55 million-£65 million. That range sits well above the prior consensus…

Baby Boomers Collect 265% of Social Security Contributions as Millennials Fund Gap
Baby boomers retiring in 2027 will collect $730,000 in Social Security benefits on less than $200,000 in combined taxes paid, according to a nonpartisan budget analysis. Millennials are funding the shortfall.