Current Affairs
Latest Insights & Stories from Around the World
Source: South China Morning Post – World ·
GeopoliticsHow Yung Kee and other Hong Kong heritage brands innovate to thrive in challenging times
From franchising to diversification, Hong Kong’s heritage brands and long-running family businesses are looking for ways to navigate challenging times amid changing consumption pa…
Source: Your Story ·
StartupsAvendus Future Leaders Fund III invests Rs 140 Cr in PPFAS, eyes Rs 1,800 Cr final close
The investment in Parag Parikh Financial Advisory Services was made through a secondary share purchase from the promoters. Avendus Future Leaders Fund III has deployed 30% of its …
Source: BBC News – World ·
GeopoliticsUS burrito giant Chipotle opening first outlet in Mexico
Other US fast food brands have struggled to succeed in the countries their dishes originated.
Source: Your Story ·
StartupsHow Nalli modernized a century-old saree business without losing customer trust
At MSME Sparks 2026, Nalli Group Chairperson Lavanya Nalli shared how the family-run retailer took its in-store experience online, adapted to changing customer behavior, and expan…
Source: Times of India – World ·
GeopoliticsMeet James Dyson: The inventor who failed 5,127 times before building a $20B empire
- TOI World Desk employs seasoned journalists and passionate writers to cover global events. - Committed to accuracy, depth, and timeliness, they deliver timely, nuanced global …
Source: South China Morning Post – World ·
GeopoliticsShein executive chairman to step down as IPO nears completion, sources say
Shein Executive Chairman Donald Tang will step down as his mission of taking the company public nears completion, three sources with direct knowledge of the matter said on Monday,…
Source: BBC News – World ·
GeopoliticsVolkswagen planning to cut up to 100,000 jobs globally
The group, which includes Porsche and Audi, has faced a steep fall in profits and tough competition from China.
Source: IEEE Spectrum ·
EngineeringNokia’s 14 Years of Mobile-Phone Supremacy Ended in an Afternoon
In 2005, Nokia sold its billionth mobile phone, a budget-friendly device that went to a customer in Nigeria. By then, the company, based in Espoo, Finland, was making one of every…
Source: Your Story ·
StartupsIndia solved solar. Now it has to solve sunset
India's energy storage gap is crowded with incumbents. The real whitespace sits on the demand side of the grid, and it is almost entirely unbuilt.
Source: Your Story ·
StartupsElasticRun’s playbook for last-mile delivery; Making job applications faster, smarter
ElasticRun has rewritten the logistics rulebook of logistics as it no longer depends on a hub-and-spoke model, and has instead has created a network that fulfills deliveries faste…
Source: Al Jazeera – News ·
GeopoliticsJapan’s pet care industry booms as ‘fur babies’ outnumber infants
Japanese baby product manufacturers are turning their attention to the pet market amid collapsing birthrate.
Source: The New York Times – World ·
GeopoliticsOil Prices Set for More Volatility After Latest Iranian Attack in Strait of Hormuz
Crude oil prices jumped above prewar levels this week, demonstrating Iran’s capacity to move energy prices by projecting power in the Strait of Hormuz.
Source: The Hindu – World ·
GeopoliticsU.S. delegation in Lebanon to discuss Israel ‘pilot zone’ withdrawal: official
Under a framework agreement reached on June 26, Israel will gradually withdraw from areas of southern Lebanon where it has deployed troops to fight Hezbollah, the Iran-backed Shia…
Source: Al Jazeera – News ·
GeopoliticsMoldova’s president nominates businessman Vasile Tofan as prime minister
The announcement comes after the previous prime minister, Alexandru Munteanu, stepped down earlier this month.
Source: TechCrunch ·
Tech & StartupsApple sues OpenAI over alleged trade secret theft
Apple alleges the misconduct was directed by OpenAI's senior leadership, including a longtime former employee.
Source: South China Morning Post – World ·
GeopoliticsHong Kong’s 3-year deal to host LEAP East ‘affirms’ global I&T role
Hong Kong’s role as the exclusive Asian host of the Middle East’s flagship LEAP East exhibition affirms its status as a global hub for innovation and technology (I&T), the Tou…
Source: TechCrunch ·
Tech & StartupsFlorida ransomware negotiator convicted for helping ransomware gang extort US companies
A third ransomware negotiator has been jailed for helping a notorious ransomware group extort American victim companies into paying the hackers.
Source: South China Morning Post – World ·
GeopoliticsTrump says he will not sign bipartisan housing bill: ‘a big yawn’
US President Donald Trump said on Friday he would not sign a bipartisan housing affordability bill that he had called “a big yawn”, but the measure can become law without his s…
Source: Your Story ·
StartupsZetwerk receives SEBI nod for IPO
According to SEBI’s processing status report dated July 10, observations on Zetwerk’s pre-filed draft offer document were issued during the week on July 9.
Source: South China Morning Post – World ·
GeopoliticsChina to head off AI-fuelled inequality by lifting salaries, narrowing pay gap
China has made income growth and the reform of its wage-distribution system a priority within broader efforts to cushion the domestic job market against the impact of artificial i…
Source: Deutsche Welle (DW) – World ·
GeopoliticsGermany's richest man takes on Big Tech
Dieter Schwarz made his fortune from supermarkets, becoming Germany's wealthiest person. Now he wants to take on Google, Microsoft and Amazon and an entire region stands to benefi…
Source: The Guardian – World ·
GeopoliticsSouth Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing
SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentresSouth Korean chip maker SK hynix set pricing for its meg…
Source: The Guardian – World ·
GeopoliticsReeves to launch City ‘skills compact’ committing firms to retrain staff in AI
Exclusive: Plan to improve skills of thousands of financial sector workers to keep pace with tech revolutionChancellor Rachel Reeves is to announce a new City “skills compact” tha…
Source: BBC News – World ·
GeopoliticsSouth Korean chip giant SK Hynix raises $26.5bn in US share sale
The shares are set to start trading on the Nasdaq on Friday in what will be the largest ever debut by a foreign firm.
Source: South China Morning Post – World ·
GeopoliticsHong Kong exchange marks progress in luring more listings from abroad
The Hong Kong stock exchange is drawing a growing number of foreign companies from across Asia and North America that are seeking international capital, as the bourse marks progre…
Source: Your Story ·
StartupsEnviu’s Devansh Peshin on building markets and jobs from India’s textile waste
At MSME Sparks 2026, Enviu's Devansh Peshin discussed textile recycling, circular economy, green jobs, and the future of waste management in India.
Source: South China Morning Post – World ·
GeopoliticsUniqlo defies sluggish China market with double-digit profit growth
Japanese apparel retailer Uniqlo posted higher revenue and double-digit profit growth in mainland China over the three-month period ending in May, defying sluggish domestic consum…
Source: TechCrunch ·
Tech & StartupsCan AI answer the $3 trillion question?
The AI ROI debate has returned and the numbers are even bigger, as are, perhaps, the consequences.
Source: The New York Times – World ·
GeopoliticsRussian Finances Get Shakier, Despite Short-Term Bonus From Iran War
As oil prices fall back to levels not seen since before the Middle East war began, the Kremlin will be forced to confront a deepening budget deficit.
Source: TechCrunch ·
Tech & StartupsSlate Auto teams up with Crayola to color its EV truck
Slate has an answer for owners who have always want to drive a truck with bright crayon colors.
Source: Your Story ·
StartupsNandan Nilekani backed Fundamentum Partnership launches Rs 2,200 Cr third fund
The new fund aims to invest in the range of Rs 100-150 crore in each growth stage startups cutting across sectors.
Source: Your Story ·
StartupsSkilling vital in India's goal of becoming AI solutions capital: IT Secretary
Artificial intelligence (AI) presents an opportunity to transition beyond routine work, with automation expected to handle lower-order functions while humans focus on higher-value…
Source: Your Story ·
StartupsAssam government introduces Bills in assembly to boost ease of doing business
Industries, Commerce and Public Enterprises Minister Bimal Borah tabled The Assam Micro, Small and Medium Enterprises (Facilitation of Establishment and Operation) Bill, 2026, whi…
Source: Your Story ·
StartupsNo code, no developer, no waiting: How AI is rewriting the rules for India's MSMEs
For small business owners across India, getting online used to mean months of effort and money they didn't have. AI has changed the math entirely.
Source: Deutsche Welle (DW) – World ·
GeopoliticsAre German companies leaving the country?
Should I stay or should I go? Given Germany's high cost and sluggish growth, some business leaders are mulling relocating, or at least investing abroad. DW has a look at the numbe…
Source: Times of India – World ·
GeopoliticsNew EPF Scheme 2026: 10 questions employees are asking about contributions, withdrawals & more
EPF Scheme 2026: The good news is that many core features of the provident fund system remain familiar. Existing PF accounts continue, contribution rates broadly remain unchanged …
Source: The Hindu – World ·
GeopoliticsAustralia's largest pension fund invests 500 million Australian Dollars in India's infrastructure fund
AustralianSuper pension fund said the investment would come on top of the 240 million Australian Dollars it committed seven years ago
Source: Indian Express – World ·
Geopolitics‘American jobs not for foreign fraudsters’: JD Vance as US launches major H-1B visa fraud probe
Here are four clear bullet points summarizing the article: • The US Department of Labour has launched an investigation into alleged fraud involving H-1B and PERM work visa progra…
Source: Your Story ·
StartupsDevSparks Hyderabad returns to decode agentic AI, cybersecurity, and the future of software development
YourStory's flagship developer summit heads to Hyderabad on August 8, bringing together developers, tech leaders, and enterprises to unpack the technologies reshaping software, in…
Source: The Hindu – World ·
GeopoliticsNATO allies reaffirm ‘ironclad commitment’ to collective defence; Trump tempers fury as summit ends
Behind closed doors, President Trump had reassured them he wanted the U.S. to stay in the military alliance, saying: "We want to remain with you", a source inside the session said
Source: Your Story ·
StartupsA sweet(ener) story; Adage Automation gets fresh capital
Launched in March 2025, The Sweet Change has clocked Rs 2.6 crore in sales, with nearly 70% of its revenue coming through its own website.
Source: Times of India – World ·
GeopoliticsMercedes, BMW see highest-ever sales in H1, EVs drive growth
Here are four clear bullet points summarizing the article: • Determine monthly installment amounts for loans, including estimates of returns on SIPs (Systematic Investment Plans)…
Source: South China Morning Post – World ·
GeopoliticsWhen will Hong Kong’s retail leasing market see a turnaround?
Hong Kong’s retail leasing market remained under pressure with rental rates far below the pre-pandemic levels, while Beijing’s crackdown on capital flight and a potential rate hik…
Source: TechCrunch ·
Tech & StartupsThese AI startups are growing revenue at faster and faster rates
There are a lot of fast-growing AI startups, but some are growing even faster, they say.
Source: Your Story ·
StartupsPhonePe appoints Srijon Biswas as new CTO
In his new role, Biswas will lead the company's engineering organisation and report to Rahul Chari, Co-founder of PhonePe, who will take on the role of Chief Product and Technolog…
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At Shalyam, our Current Affairs section curates headlines and brief excerpts from publicly available RSS feeds of reputed publications. Each item links back to the original source for full reading, ensuring that the rights of the respective publishers are respected under the Indian Copyright Act, 1957. We do not reproduce full articles; instead, we provide short snippets for reference along with our own commentary, insights, and fact-based analysis to support students, educators, and researchers in understanding the broader context. This approach combines trusted news reporting with Shalyam’s educational perspective, making the content both informative and value-added. All copyrights remain with the original publishers, and proper attribution is maintained for every article displayed.
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