Weekend News Summary: India Highlights and Global Updates

Tragic Death of Kolkata Doctor

A post-graduate trainee doctor from RG Kar Medical College and Hospital was found dead with signs of murder and sexual assault. The initial autopsy indicates a violent and brutal attack

Hindenburg’s Claims Against SEBI Chief

Hindenburg Research has accused SEBI Chairperson Madhabi Puri Buch of links to offshore companies tied to the Adani group. The allegations, made public on August 10, 2024, have prompted a detailed response from Buch and her husband

India’s Retail Inflation Falls to 5-Year Low

Retail inflation in India eased to 3.54% year-on-year in July, the lowest in nearly five years. This marks the first time the inflation rate has dipped below the Reserve Bank of India's 4% target in almost five years

Starbucks CEO Laxman Narasimhan to Step Down

Laxman Narasimhan will resign as CEO of Starbucks. Brian Niccol, CEO of Chipotle Mexican Grill, has been appointed as the new CEO and chairman of Starbucks.

Nykaa Reports 152% Profit Increase

FSN E-Commerce Ventures, the company behind Nykaa, reported a significant 152% rise in net profit for the April-June quarter of fiscal 2024-25, reaching ₹13.6 crore.

Vinesh Phogat’s CAS Verdict

Wrestler Vinesh Phogat’s appeal for a silver medal from the Paris Olympics 2024 was denied by the Court of Arbitration for Sport (CAS), leaving her disappointed despite her strong performances.

Kashmir Terrorist Encounter

An Army captain, Deepak Singh, was killed and a civilian injured during an ongoing military operation in Doda district, Kashmir. Captain Singh succumbed to his injuries in a military hospital.

Mpox Declared Global Health Emergency

The World Health Organization (WHO) has declared mpox a global health emergency amid an outbreak in Congo, which has seen over 27,000 cases and around 1,100 deaths since January 2023.

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