Linux Foundation India's head, Arpit Joshipura, is calling on Indian IT companies to actively contribute to open-source AI development. He suggests that Indian IT firms are lagging in the AI revolution due to low R&D investment and a preference for service-based models. Joshipura emphasizes that simply using open-source software is not enough; active participation is crucial for progress and staying competitive in the AI field.

Indian stock market indices, Nifty50 and BSE Sensex, opened in green. At 9:33 AM, Nifty50 traded at 24,619.65, while BSE Sensex was at 80,589.58, up 50 points. Analysts expect a range-bound market influenced by US tariffs and US-Russia talks. Geojit's Dr. Vijayakumar suggests a 'wait and watch' approach. Foreign portfolio investors sold shares worth ₹3,644 crore, while domestic institutional investors bought shares worth ₹5,624 crore.

Shilpa Shetty and Raj Kundra are accused of defrauding Deepak Kothari of ₹60 crore related to their company, Best Deal TV Pvt Ltd. Kothari claims he invested ₹60.48 crore between 2015 and 2023 for business expansion, but the couple allegedly used it for personal expenses. He alleges the deal was structured to avoid taxes, with Shetty providing a personal guarantee before resigning as director. The case has been transferred to the Economic Offences Wing.

India all-rounder Washington Sundar shares his perspective on the Manchester Test handshake controversy between Ravindra Jadeja and Ben Stokes. He credits the incident for motivating the Indian team to secure a 2-2 series draw against England. Sundar also reflects on Gautam Gambhir's mentorship and Shubman Gill's leadership in guiding India through high-pressure situations, including his maiden Test century.

Saurabh Mukherjea anticipates profit margin compression in the AMC sector due to new entrants with substantial capital. His firm has sold stock market-related holdings, citing high valuations. He views current US tariffs on India as negotiation tactics, expecting a potential 20% rate post-Putin-Trump talks. Mukherjea sees fintech driving consolidation in broking and asset management, favoring larger, tech-enabled players.

The UP T20 League 2025 kicks off at Lucknow's Ekana Stadium with star-studded performances by Disha Patani, Tamannaah Bhatia, and Sunidhi Chauhan. The event blends cricket action with Bollywood glamour, promising a dazzling blend of high-energy performances and world-class cricket. Fans can expect high-octane dance performances from Tamannaah and Disha, while Sunidhi will deliver live renditions of her chart-topping hits.

This year marks 80 years since Japan's defeat in the Asia-Pacific War. The country has undergone significant changes since then, transforming from an empire to a peaceful and ethnically homogeneous island nation. However, wartime memories continue to strain relations with neighboring countries. A new constitution was established, promoting democracy and renouncing war, but the country still struggles with its military identity.

Asian stocks showed mixed performance Thursday after recent gains. Japan's Nikkei fell, while South Korea and Australia rose. Australian unemployment eased to 4.2%. US stocks hit record highs. Market sentiment is driven by expectations of a Fed rate cut in September. Oil prices edged higher, supported by rate cut hopes and geopolitical tensions, but capped by supply data. Trump warned Putin over Ukraine.

Cricket Australia CEO Nick Greenberg says some nations may go bankrupt trying to maintain Test cricket. He suggests not all cricket boards need to aspire to play Test matches. Greenberg's comments come ahead of the Ashes series. West Indies legend Brian Lara also commented on the need for smaller nations to take steps to improve their competitiveness in Test cricket. Lara emphasized the need for a long-term plan to regain their former status.

Narayana One Health has launched a doctor-led weight management program in Bengaluru. The program combines medical supervision with personalized diet and fitness plans, behavioral coaching, and regular consultations. It aims to promote sustainable lifestyle changes for individuals struggling with weight loss, especially those with conditions like diabetes or PCOS. The program is available at multiple clinics across the city.