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Supreme Court Strips Independent Agencies of Firing Protection, July 24
Supreme Court’s Trump v. Slaughter ruling lets the president fire independent agency heads without cause, overturning Humphrey’s Executor. Federal Reserve kept its independence in Trump v. Cook.
Seven-Eleven Japan Warns Stores Over Staff Reselling Pokemon Cards, July 24
Seven-Eleven Japan warned franchise stores after employees and owners hoarded and resold Pokemon cards and anime merchandise. Legal experts say criminal charges are unlikely, but contract termination is possible.
Indian Banks to Launch CKYC 2.0 in August for Faster Customer Verification
Indian banks will start rolling out CKYC 2.0 in August 2026, introducing a major update to customer verification across the financial sector. The new system is designed to cut down on repeated KYC submissions by allowing customers to use a single verified profile with participating financial institutions. It also brings faster digital verification and consent-based…
Swiggy (NSE: SWIGGY) Stock Slides 7% as Flipkart Food Delivery Entry and Foreign Ownership Cap Rattle Investors
Swiggy stock slid as much as 7% on Friday, hitting an intraday low of ₹242.51. Two separate developments triggered today’s sharp selloff in Swiggy shares. Swiggy’s board approved capping foreign ownership at 49.5%, down from 100%. Separately, Flipkart announced plans to enter food delivery within 30 days. Swiggy shares opened at ₹259.27, down from Thursday’s…
Intel Stock Soars After Fastest Revenue Growth in Nearly 15 Years
Intel stock surged after the chipmaker posted its strongest quarterly revenue growth in more than 15 years. Second-quarter 2026 revenue reached $16.1 billion, up 25% year-over-year, crushing the $14.42 billion consensus estimate. Adjusted earnings per share came in at 42 cents, doubling Wall Street’s 21-cent forecast. Intel stock initially jumped 13% in after-hours trading Thursday…
EPFO Warns Against Shifting Provident Fund Savings Into Mutual Funds
EPFO issued a clear advisory on Thursday, July 23, 2026, urging employees not to withdraw provident fund savings solely to invest in mutual funds. The retirement body stated that EPF and mutual funds serve fundamentally different financial goals. Posting on social media platform X, EPFO used the tagline “EPF is enough for the wise” to…
Former French Open Champion Rika Hiraki Arrested Over Romance Scam July 23
Former French Open champion Rika Hiraki arrested on suspicion of romance fraud involving 300,000 yen scam. The 54-year-old denies involvement in the scheme targeting a Kagoshima woman.
Secret Service Agent on Vance Detail Placed on Leave Over Leak Probe July 23
Secret Service agent on VP JD Vance’s detail placed on administrative leave after suspected leak to press about travel plans and security team complaints.
META Stock Drops 2.6% as Instagram Suffers Second Outage in 72 Hours
Instagram outage on July 22 left 3,700+ users unable to send messages or load profiles. Meta stock fell 2.6% as the platform suffered its second major disruption in 72 hours.