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TechBullion

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Elevate Your Writing with Trinka’s Grammar Checker and Enago’s Plagiarism Checker

  • In a digitalized environment, writing clearly and accurately without plagiarism is crucial for students, researchers, bloggers, and content marketers.
  • Trinka Grammar Checker and Enago Plagiarism Checker are valuable tools for enhancing writing quality and originality.
  • Trinka Grammar Checker is tailored for academic and technical writing, helping with context, vocabulary enrichment, and formality.
  • Enago Plagiarism Checker compares sources with a vast academic database, aiding in preventing unintentional plagiarism and reference errors.

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HinduBusinessLine

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Indium launches agentic AI platform LIFTR.ai

  • Indium has launched LIFTR.ai, an agentic AI platform aimed at helping organizations transform legacy applications into scalable, cloud-ready digital assets.
  • LIFTR.ai features an Agentic AI Architect with a network of AI agents addressing modernization tasks, offering secure on-premises deployment using locally hosted LLMs on NVIDIA GPU clusters.
  • The platform aims to reduce time-to-market and ownership costs by up to 60%, accelerate analysis by 10x, and decrease discovery time by 80%. It has been successfully deployed by four enterprise clients with positive outcomes.
  • Indium serves Fortune 500 and global enterprises worldwide and was recently acquisitioned by investment firm BPEA EQT. The platform has garnered interest, with expectations of onboarding more clients in the near future.

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HinduBusinessLine

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Saudi Royal runs $250 Billion firm shaping access to mega deals

  • Tharawat Holding Co., run by Prince Turki bin Salman, acts as a gatekeeper for foreign companies looking to do business in Saudi Arabia.
  • The firm, with assets worth at least $250 billion, directs foreign investments into various sectors and manages development projects in the kingdom.
  • Tharawat plays a crucial role complementing the $1 trillion Public Investment Fund by overseeing financing, spending, and vetting contractors.
  • Tharawat's significance is highlighted by its influence in cost-cutting measures for projects like Neom and its involvement in various high-profile deals within and outside Saudi Arabia.

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HinduBusinessLine

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Don’t doubt everyone’s citizenship; EC’s job is to include voters, not exclude them: Manoj Jha, Rajya Sabha MP

  • Opposition parties are mobilizing against the requirement of 11 specific documents for voter registration, fearing exclusion of marginalized communities.
  • These documents do not include Aadhar or driving licence, posing a challenge as most people do not possess birth certificates or their parents' birth certificates.
  • The timing of the revision of electoral rolls just before the assembly elections raises suspicion, especially after a regular revision in January 2025.
  • Manoj Jha, Rajya Sabha MP, emphasizes that the Election Commission's role is to include voters, not exclude them, questioning the necessity of the new document requirements.

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Bloomberg Quint

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UNAIDS Calls For Nations To Fill The Gap As Trump Pulls Funding

  • UNAIDS has called on nations to fill the gap left by the US as Trump administration pulls funding, warning that a permanent halt in funding would undo years of progress in the fight against AIDS.
  • The Global Aids Update showed the impact of the US funding cuts on countries affected by HIV, estimating significant increases in AIDS-related deaths and new HIV infections if funding discontinues.
  • Prior to disruptions, 9.2 million people with HIV lacked access to life-saving treatment in 2024. Despite progress, UN report authors noted a decline in new infections and AIDS-related deaths by 2030 in some countries, primarily in sub-Saharan Africa.
  • UNAIDS reported significant disruptions in treatment and prevention programs globally due to the abrupt withdrawal of funding, emphasizing the $4.3 billion commitment from Pepfar in 2025 that was suddenly withdrawn.

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Coinpedia

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Little Pepe Crypto Price Forecast: Will LILPEPE Drop 2 Zeros from Its Price if Bitcoin (BTC) Hits $200,000 in 2025?

  • Experts predict that if Bitcoin reaches $200,000 by the end of 2025, it could trigger a surge in the crypto market, potentially benefiting tokens like Little Pepe (LILPEPE).
  • LILPEPE, a meme coin, is gaining attention for its robust Layer-2 Ethereum structure, unique features, successful presale stages, and potential for significant price increase.
  • With strong presale performance, support from Ethereum whales, and positive community response, there is optimism that LILPEPE could potentially increase from $0.0013 to $0.13 or even higher if Bitcoin hits $200,000.
  • While there are risks to consider, such as completing presale stages and potential regulatory issues, the narrative suggests that LILPEPE could see substantial gains if Bitcoin's price milestone is achieved.

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HinduBusinessLine

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IT stocks pull D-Street down; defence index down 2%

  • IT stocks pulled the Indian stock market down with the defence index declining by 2%.
  • BSE Sensex closed 0.41% lower at 83,190.28, and Nifty 50 dropped by 0.47% to 25,355.25. Midcap and smallcap segments limited their corrections.
  • Selling pressure persisted throughout the day, forming a bearish candle on the daily charts. The market breadth was weak with investors turning risk-averse.
  • Other sectors like PSU banks, telecom, pharma, and FMCGs faced selling pressure, offsetting gains in metal and realty stocks. Market may remain choppy unless broader cues provide a decisive break-out.

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Baystreet

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Energy Sector Faces 26% Earnings Drop as Q2 Season Begins

  • S&P 500 companies are expected to report an aggregate earnings growth of 5.0% for the second quarter, with the energy sector projected to face a significant decline of -25.6% in earnings due to lower oil and gas prices.
  • 4 out of the 5 sub-industries in the energy sector are anticipated to report declines in earnings, except for Oil & Gas Storage & Transportation which is expected to show positive growth.
  • Big Oil companies like Chevron, Exxon Mobil, ConocoPhillips, and others are major contributors to the decrease in expected earnings, with lowered EPS estimates across the sector.
  • Energy giants like Exxon Mobil and Shell have warned of lackluster second-quarter results due to decreased oil and gas prices, with projected earnings reductions attributed to declining liquids and natural gas prices.

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Guardian

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WPP names senior Microsoft boss Cindy Rose as new CEO

  • WPP has appointed Cindy Rose, a senior Microsoft executive, as its new CEO, effective from 1st September.
  • Under the previous CEO Mark Read, WPP's market value has dropped significantly, and the company faced challenges amidst the rise of AI technology in advertising.
  • Cindy Rose's appointment comes as WPP aims to boost its growth and digital transformation efforts.
  • WPP faced recent setbacks as it lost significant clients to competitors, causing a decline in its share price and leading to a lowered revenue and profit forecast for the year.

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HinduBusinessLine

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Charles Group, Patel Family Office Sign $1 Billion Real Estate Pact at Global Wealth Conference

  • Charles Group and Patel Family Office signed a $1 billion real estate partnership deal at the Global Wealth Conference with the presence of global asset allocators, including sovereign wealth funds.
  • The partnership aims to develop a digital investment platform focusing on real estate and infrastructure assets across the UK, GCC, India, and the SAARC region, with plans for global expansion.
  • The agreement includes real estate and hospitality projects in India, compliant cross-border investment opportunities, and tailored access channels for SWFs, family offices, and institutional buyers.
  • The deal signifies a new phase for Charles Group and Patel Family Office, showcasing their commitment to innovation and shaping the infrastructure and real estate investment landscape.

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Baystreet

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Kospi Higher, Singapore Reaches New Record

  • Asia-Pacific markets traded mixed as traders reacted to the Bank of Korea's decision to keep rates steady and President Trump's announcement of tariffs on Brazilian imports and copper.
  • In Japan, the Nikkei 225 fell 0.4%, while the Hang Seng in Hong Kong gained 0.6%.
  • Singapore's Straits Times Index reached a new record high, marking its fourth consecutive day of gains.
  • The Kospi index in Korea rose 1.6%, while other markets like Shanghai, Taiwan, New Zealand, and Australia also saw varying movements.

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Coinpedia

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XRP News Today: Market Analysts Pivot to Bitcoin Solaris as Next Major Wealth Creator

  • XRP, once an underdog with a loyal fanbase, is facing a shift in focus as market analysts turn their attention towards Bitcoin Solaris for future wealth creation.
  • Bitcoin Solaris (BTC-S) is gaining traction with its dual-layer blockchain, hybrid consensus engine, and smart contract support, presenting itself as a purpose-built system for the next era of crypto adoption.
  • BTC-S offers unique features like mobile mining through the Solaris Nova App, liquid staking for enhanced liquidity, and a presale with a temporary price rollback for early adopters.
  • With its focus on utility, accessibility, and financial potential, Bitcoin Solaris aims to be more than just a blockchain project, offering a wealth engine that combines technical sophistication with broad market appeal.

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HinduBusinessLine

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India revises proposed retaliatory duties against US over steel, aluminium tariffs in WTO

  • India has revised its proposed retaliatory duties against the US over steel and aluminium tariffs imposed by the US first at 25% and then increased to 50%.
  • India reserves the right to adjust products and tariff rates in response to the US tariff rate increase, as stated by the WTO.
  • The proposed suspension of concessions by India would impact $7.6 billion imports into the US, resulting in duty collection of $3.82 billion.
  • The proposal becomes crucial as India and the US are in talks for a Bilateral Trade Agreement, with an Indian team expected to visit Washington for trade discussions.

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HinduBusinessLine

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TCS Q1 profit grew 6% y-o-y to ₹12,760 crore

  • TCS reports a 6% year-on-year growth in Q1 profit to ₹12,760 crore, with a 4.3% increase sequentially compared to the previous quarter.
  • The company's revenue grew by 1.3% annually to ₹63,437 crore but fell by 1.6% quarterly.
  • TCS launches new services like TCS SovereignSecureTM Cloud and appoints new executives, aiming to accelerate India's AI-led transformation.
  • Despite global uncertainties impacting demand, TCS saw growth in BFSI but declines in other sectors. The workforce increased to 613,069 employees, focusing on building expertise in emerging technologies.

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Bloomberg Quint

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Piyush Goyal Urges Energy Storage Industry To Reduce Dependence On Imports From Certain Countries

  • Piyush Goyal urges energy storage industry to reduce dependence on imports from certain countries.
  • He suggests focusing on research and development for creating innovative products and exploring newer technologies to cut overdependence on imports for self-sufficiency.
  • Goyal emphasizes the need to look at alternative sources of supply to prevent overdependency on specific geographies, especially in light of challenges faced by sectors like auto due to restrictions imposed by China.
  • The minister highlights the importance of industry stakeholders working together to develop charging and battery swapping infrastructure for faster EV adoption and to explore opportunities for expansion in manufacturing critical minerals and semiconductors.

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