Gold prices in Kerala witnessed a significant surge on Wednesday, August 5. The price of 22-carat gold increased by Rs 800 per pavan, reaching a new high of Rs 1,07,680. Within a single day, the price per gram rose by Rs 100. Similarly, 18-carat gold prices also saw an upward trend. Meanwhile, silver prices remained stable at Rs 240 per gram. This sharp increase follows a period of fluctuating rates seen earlier in the week. https://www.kasargodvartha.com/business/kerala-gold-price-surge-22-carat-reaches-107680-afternoon/cid19085617.htm

The Bombay High Court has indicated it may grant bail to Shiv Sena (Shinde faction) corporator Ramesh Mhatre, who was arrested for assaulting doctors at Shastri Nagar Hospital in Dombivli. The court suggested that Mhatre must stay outside Maharashtra until the chargesheet is filed and surrender his passport. Additionally, he must report to a local police station three times a week wherever he resides outside the state. The assault occurred on July 6 after doctors advised moving a newborn due to a full NICU. The final order is expected on August 7. https://zeenews.india.com/marathi/maharashtra/bombay-high-court-indicates-release-of-shiv-sena-corporator-ramesh-mhatre-who-assaulted-doctors-in-dombivli/1024281

Meta faces significant legal challenges as a New Mexico court ordered the company to pay $567 million into a mental health fund for teenagers. The court found Meta responsible for creating a 'public nuisance' by designing addictive products and failing to protect minors from sexual exploitation. Along with the fine, the judge mandated structural changes for the next five years, including stricter controls on notifications and interactions for young users. Meta plans to appeal the decision, asserting confidence in its safety measures, while Indian authorities also question the company over its algorithm policies. https://www.gstv.in/news/auto-tech/under-siege-from-all-four-meta-algorithms-under-attack-in-india-us-fined-567-million

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Former SUDA Chairman Komatireddy Narender Reddy criticized Union Minister Bandi Sanjay over development funds in Karimnagar. He stated that the State government is bearing the majority of the financial burden for projects like UIDF and UCF, while the BJP is wrongly claiming full credit. He challenged Bandi Sanjay for an open debate on the funding shares and demanded new projects for the youth. https://kalamdaily.com/komatireddy-narender-reddy-hits-back-at-bandi-sanjay-over-karimnagar-development-claims

A video of Preity Zinta allegedly ignoring Aamir Khan during the promotion of 'Lahore 1947' on the sets of KBC went viral. Fans speculated a rift between the stars. However, Preity clarified that she didn't see him as she was in a hurry to catch a flight and complete her shoot. She slammed the viral content as clickbait and expressed her respect for Aamir. The film, produced by Aamir Khan and directed by Rajkumar Santoshi, marks Preity's comeback to Bollywood alongside Sunny Deol. https://www.aajtak.in/entertainment/bollywood-news/story/preity-zinta-slams-video-claiming-she-ignored-aamir-khan-during-batwara-1947-promotion-sunny-deol-tmovj-dskc-2618225-2026-08-08

The West Bengal government has formed the 7th Pay Commission to bring state employee salaries and benefits at par with central government employees. The commission aims to increase the annual increment from 3% to 5% and restore commuted pension after 11 years. The new structure is proposed to be implemented from January 1, 2026. It focuses on resolving pay anomalies and introducing a DA system based on the Consumer Price Index for industrial workers. While previous administrations resisted these central policies, the current government is moving forward to enhance retirement and health benefits for state workers. https://hindi.news18.com/news/business/latest-west-bengal-employees-would-get-salary-and-wage-increment-inline-with-7th-pay-commission-10731742.html

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