August 1, 2026 – SRK Analytics

AI Hedge Fund Situational Awareness Suffers Catastrophic Loss of Billions in Days

Leopold Aschenbrenner, a prominent former OpenAI researcher, experienced a catastrophic financial setback this week as his newly established AI-focused hedge fund, Situational Awareness, lost the majority of its asset value…

Prasenjit Bhowmik August 1, 2026

Market

Yen Rally Stalls as Markets Speculate on Further Japanese Intervention

TOKYO — The Japanese yen experienced highly volatile trading sessions this week as its recent intervention-fueled rally began to lose momentum. Financial markets are now on high alert, with traders…

Prasenjit Bhowmik August 1, 2026

Economy

Delhi Government Approves Lakshmi Yojana: Monthly Financial Aid of ₹2,500 for Women

The Delhi government has officially approved the Lakshmi Yojana, a major social welfare initiative aimed at providing direct financial assistance to women across the National Capital Territory. Under this newly…

Prasenjit Bhowmik August 1, 2026

Economy

India’s First-Quarter Fiscal Deficit Reaches ₹3.1 Lakh Crore Amid Surge in Infrastructure Spending

NEW DELHI — The Indian government's fiscal deficit reached ₹3.11 lakh crore during the first quarter of the financial year 2024-25, driven by a significant acceleration in infrastructure spending. Official…

Prasenjit Bhowmik August 1, 2026