ELECTRONIC RESOURCES
A step away from warpath? Russia and UK can just stumble into war
Russia is escalating its warnings against Britain over London’s military support for Ukraine, including the transfer of technology that could allow Kyiv to manufacture Storm Shadow missiles domestically. Moscow has warned that British military assets in Ukraine and beyond could become targets if British weapons are used against Russian territory.
Less chips chipping away at AInfra? Nvidia’s server price hike signals rising costs
Nvidia plans server price increases due to a global chip shortage. This shortage is expected to persist beyond the year 2027. Chipmakers are prioritizing AI-grade chips, impacting consumer electronics production. Rising server costs will increase AI model training and deployment expenses. Businesses face higher capital needs for extensive AI infrastructure development.
ET World Leaders Forum 2026: Our reform express will move forward at even greater speed, says PM Modi
Building on the theme of Shared Futures for the ET World Leaders Forum, Prime Minister Narendra Modi says the future of every country is interconnected and nothing is possible in isolation. Listing the nation’s major achievements, he highlighted how, even as global unrest was creating an atmosphere of uncertainty and distrust, India emerged as a bright spot of growth, stability and hope.
In June 2026, Spain revealed a rare-earth deposit capable of meeting 33% of Europe’s needs. Now, the find could challenge China’s grip on critical minerals and strengthen continent’s push for mineral independence
A rare-earth deposit identified in Campo de Montiel, central Spain, could become an important source of materials for Europe’s electric vehicles, wind turbines, electronics and other technologies. Quantum Minería estimates the resource could produce around 2,300 U.S. tons of rare-earth materials annually, potentially covering up to one-third of European needs. The discovery comes as the EU seeks greater control over critical mineral supply chains and faces heavy dependence on China for rare-earth processing.
PM Modi says ‘production-linked punishment’ era once held back Indian industry; pegs India as world’s fastest-growing economy
Prime Minister Narendra Modi on Friday said India had moved from the Licence Raj-era “Production Linked Punishment” model to incentivising production through the PLI scheme, which he said has generated ₹2.5 lakh crore in investment, ₹22 lakh crore in production and sales, ₹15 lakh crore in exports and over 14 lakh jobs.
Psychology says people who keep emergency cash in multiple places may think about future uncertainty differently
Keeping emergency cash in several places may reflect a particular way of managing uncertainty. The person may not expect anything to go wrong. Instead, they feel more secure knowing that if something unexpected happens, they have a backup and more than one option available.
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Quote of the Day by Chris Martin: “There comes a point where it doesn't matter how many zeroes are… – Inspiring lessons on money, happiness, gratitude, bank balance and why money can’t buy happiness by the English singer known for his powerful performances and deep insights on life and wealth
Quote of the Day by Chris Martin: Chris Martin’s quote, “There comes a point where it doesn't matter how many zeroes are at the end of your bank account,” explores the importance of understanding the limits of financial wealth and recognizing the deeper sources of happiness and fulfillment. The quote suggests that money can provide comfort, security, and opportunities, but accumulating more wealth does not always lead to greater happiness, meaning, or personal satisfaction. Martin’s words encourage us to look beyond financial success and appreciate relationships, experiences, creativity, personal growth, and emotional well-being.

South Korea plans chip windfall fund to back youth, AI investment
The proposed "Future Response Fund" would finance programmes aimed at helping young people find jobs, buy homes and start families, while also supporting investments in AI, regional development and talent development, according to a ministry press release.

Donald Trump expands Cuba crackdown as island’s economy plunges deeper into crisis
The Trump administration is increasing economic penalties on Cuban industries. New sanctions target mining, metal, and construction companies, and friendship organizations. Americans visiting Cuba face stricter enforcement of laws barring dealings with state-owned businesses. This action follows recent detentions of citizens returning from Cuba. These measures aim to further isolate Cuba amid its economic crisis.

Psychology says people who keep unused gift cards for years may value having future options
An unused gift card can reveal a fascinating psychological paradox. It was created to be spent, yet for some people, part of its appeal may come fromholding onto it rather than using it.

US green card rules change from September 18: What applicants need to know
The US will change its public charge assessment for certain green card applicants from September 18. USCIS officers will consider factors including health, finances, education and skills, while a wider range of means-tested government benefits may also be considered.

These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
Here’s one thing to watch for in the next few weeks: How does the street treat disappointments in the mid-cap segment? If the reaction is limited to the stock concerned and does not sustain beyond one or two trading sessions, it can be taken as a bullish sign. If, however, the disappointment with one stock leads the street to punish the whole sector in that segment, it suggests there are more institutional investors waiting to sell. It would also indicate that the market is top heavy.

Sridhar Vembu explains why phones and laptops are getting expensive in 2026
Zoho founder Sridhar Vembu has warned that the massive AI investment boom is pushing up the cost of memory and other technology components, making smartphones and laptops more expensive. He believes the current AI credit boom could eventually face a fate similar to the telecom investment bubble of the early 2000s, even as AI technology itself continues to grow.

Oracle isn't alone: These companies have layoffs scheduled for September 2026 as AI, restructuring and cost-cutting reshape jobs
In September 2026, several prominent companies are set to implement significant workforce reductions. Both Oracle and Pinterest are letting go of employees while simultaneously investing in AI infrastructure. Additionally, Samsung Electronics America and eBay will downsize due to office relocations and closures. Furthermore, Emerson and Gerresheimer are facing layoffs as a result of facility shutdowns. This trend reflects a broader corporate strategy aimed at cost-cutting and automation.

Bridging the skills gap: How rural youth can power India’s MSME growth story
India’s next MSME growth wave could come from the country’s vast rural talent pool—but only if skilling moves beyond certificates to genuine industry readiness.

Psychology says people who never tell the real price of a product recently bought to their parents or elders aren't necessarily dishonest: What this behavior reveals?
Psychology says people who never tell the real price of a product recently bought to their parents or elders aren't necessarily dishonest. They may be avoiding conflict, judgment, guilt or repeated advice about money. This behavior can reflect differences between generations, personal boundaries and a need to protect relationships while making independent financial choices without creating unnecessary family tension.

In 1956, solar power was priced at about $1,865 per watt and survived largely because spacecraft needed lightweight power. Decades later, prices fell below 50 cents per watt and solar became the cheapest new electricity
Solar power once cost a staggering $1,865 per watt in inflation-adjusted terms. Today, solar panels can cost only a fraction of a dollar per watt. That extraordinary collapse changed the energy market. The first practical solar cells found a home in spacecraft because ordinary electricity could not justify their price. Decades of better manufacturing, larger factories and higher efficiency turned solar energy into one of the cheapest sources of new electricity.

Five to eight more semiconductor plants to come up in eight years: PM Modi
Addressing the nation from the ramparts of the historic Red Fort on the 80th Independence Day, the prime minister said India's semiconductor journey reflects its growing technological self-reliance. Recognising the strategic importance of chips, the prime minister said India has taken decisive steps towards self-reliance in semiconductors.

One tonne of end-of-life mobile phones can hold traces of gold, silver, copper, platinum and palladium; researchers measured up to about 141 grams of gold alone
Old cell phones are often overlooked treasure troves, holding remarkable amounts of precious metals such as gold and silver. In fact, a metric ton of discarded devices can yield more gold than what’s found in newly mined ore. Many individuals cling to their outdated phones, hoping for future use, while recycling efforts struggle due to inconsistent infrastructure, leading to a global loss of these valuable resources.

Social Security Payment alert: Social Security Administration updates key list, major points you need to know
Social Security payments play an important role in the financial lives of millions of Americans, providing a source of income for retirees, disabled workers and eligible family members.

Shouted ‘Quit India’ as a schoolboy; studied Milky way galaxy through Hindi poem: This Indian scientist, inspired by Gandhi, later built two of the world's most powerful radio telescopes
Independence day 2026: Built two of the world's most powerful radio telescopes with limited resources and designs no one had attempted before, Govind Swarup gave India a place in global astronomy that the field cannot ignore. As India marks 80 years of independence this August, his story stands as one of the most remarkable in Indian science.

Parliament passes MMDR Amendment Bill 2026 to boost critical mineral exploration
Parliament has approved the Mines and Minerals (Development and Regulation) Amendment Bill, 2026. This legislation aims to enhance mineral exploration and development across India. It provides greater flexibility for mining lease holders regarding additional mineral inclusions. The bill also removes restrictions on the sale of minerals from captive mines.

That old phone in your drawer could be hiding gold: Study reveals a tonne of e-waste can contain 100 times more gold than gold ore; every handset contains tiny traces of gold, silver & copper, and millions of devices could create urban mine
Old mobile phones contain valuable metals such as gold, silver and copper, with some metals found at higher concentrations in e-waste than in conventional ore. Global e-waste generation is rising rapidly, creating a significant opportunity for recovering these valuable resources. Recycling these metals can help reduce the need for virgin mining and its associated environmental impact. However, recovering metals from electronic devices requires specialised industrial processes and facilities. Consumers should therefore recycle unwanted electronics through authorised e-waste collection and recycling channels rather than attempting to extract metals at home.

Karnataka-backed SFAL’s deeptech portfolio crosses Rs 1,000-crore valuation
The accelerator, which began by supporting fabless chip design startups, is now seeking to enable a wider semiconductor value chain covering pre-silicon design, post-silicon testing, packaging and electronics manufacturing services (EMS), they said.

Mid-year ecommerce sales set to cool as costs heat up
Online sales volumes are expected to grow about 10-15%, compared with 20% last year when Independence Day and Raksha Bandhan coincided, boosting purchases, according to analysts. Ecommerce majors Amazon and Flipkart started their Independence Day sale events last Friday. For the platforms, demand during the period is usually driven by Raksha Bandhan gifting purchases. This year, Raksha Bandhan comes around a fortnight after the sale events end.

Aries, Taurus, Gemini Horoscope Today for August 9, 2026: Unexpected Money Opportunities, Career Progress & Love Happiness Await
Your Daily Horoscope Today highlights dynamic short-term communication gains, wealth stabilization, and leadership opportunities in the spotlight. Aligning with these planetary transits will help you uncover freelancing avenues, recover old stuck debts, and drive financial growth through direct personal initiatives. Chandresh Sharma predicts in today's horoscope and how it can shape your emotional and professional outlook.

IIT Guwahati develops 'E-Eye' for rapid detection of Cancer-causing heavy metals and other toxicants
IIT Guwahati researchers have developed an innovative optical sensing device for detecting water toxicants. This portable E-Eye device offers instant and accurate on-site analysis of various contaminants. It works by converting chemical reactions into digital data for easy interpretation. The technology aligns with the Jal Jeevan Mission, aiming to ensure safe drinking water for all. This innovation holds significant potential for government, industry, and public health applications.

Trump administration to back three mineral projects with $58 million in financing
The US Export-Import Bank is lending fifty-eight million dollars to three critical mineral companies. This funding aims to reduce reliance on Chinese supplies and boost domestic mining operations. Westwater Resources will receive twenty-five million dollars for its graphite mine and processing facility. Global Advanced Metals gets twenty-five million dollars for tantalum and niobium processing expansion. An eight million dollar loan goes to 5E Advanced Materials for boron production.

India Inc's silence on CJP protests raises uncomfortable questions
India's largest companies face criticism for their silence during recent youth protests. These businesses have contributed to precarious employment conditions for young graduates. Many young Indians feel despair and anger over livelihood issues and exam leaks. Mainstream media, funded by corporate advertising, presented a different narrative. Corporate India's disconnect from Gen Z is evident as protests highlight policy failures.
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