Markets & Economy:

* The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.5% and maintained its GDP growth forecast at 6.5%.
* The RBI has lowered its inflation forecast for the 2026 fiscal year to 3.1%.
* India's foreign exchange reserves have decreased by $9 billion to $689 billion.
* The rupee has seen a rise of 15 paise, reaching 87.73 against the U.S. dollar in early trading.
* In the U.K., the services sector has experienced its most significant drop in orders in nearly three years.

Corporate News:

* Intel is reportedly facing challenges with a crucial manufacturing process for its upcoming PC chip.
* Shareholders are suing Elon Musk, alleging that he made exaggerated claims about Tesla's Robotaxi.
* News Corp has issued a warning that Donald Trump's AI is using content from his book, "The Art of the Deal."
* Chinese automakers, including BYD, saw significant increases in their U.K. sales in July.

Global Trade:

* There are concerns about the potential impact of tariffs proposed by Donald Trump on the Indian economy.

Other News:

* Central GST officers in India have uncovered significant tax evasion amounting to approximately Rs 7.08 lakh crore over the past five fiscal years.
