Source Report from Deccan Chronicle: Nellore: Andhra Pradesh, including Nellore district, has adequate stocks of subsidised fertilisers, the Centre informed the Rajya Sabha on Tuesday in response to a question by MP Dr Beeda Masthan Rao Yadav. Union minister of state for chemicals and fertilisers Anupriya Patel said the availability of urea, DAP, MOP and complex fertilisers in Andhra Pradesh remained above requirements from 2023-24 to 2025-26 and was satisfactory during the ongoing Kharif 2026 season. She said the state had also reported no shortage of subsidised fertilisers, particularly DAP, in Nellore district. Fertiliser supplies are being monitored nationwide through the Integrated Fertiliser Management System (iFMS), with monthly supply plans prepared based on seasonal requirements. Under the Nutrient Based Subsidy scheme, the Centre released Rs 65,199.57 crore in 2023-24, Rs 52,810 crore in 2024-25 and Rs 74,999.99 crore in 2025-26. Dr Masthan Rao said uninterrupted availability of fertilisers was vital for farm productivity and urged continued Centre-State coordination to prevent shortages.
=== NEW SOURCE REPORT ===
Source Report from Deccan Chronicle: Google pitches its artificial intelligence tools to corporate clients as a way to more quickly sift through a mountain of job applications to find the most promising candidates. Some of its own AI researchers don’t want to rely on these tools when recruiting. Google DeepMind’s AGI Safety and Alignment Team, which seeks to mitigate the risks of advanced AI, is encouraging job candidates for its open roles to fill out a special form alongside their application to eliminate the risk it may be automatically screened out by the company’s internal AI systems, according to a document viewed by Bloomberg, which contained the disclaimer “PLEASE DO NOT SHARE THIS DOC WIDELY.”“We have an applications system with a non-trivial probability your CV will be screened out incorrectly or take too long to reach us,” the document states. “Filling out this form makes sure that a real human on the team will get to see your application.”A Google DeepMind spokesperson said the company aims to “recruit and hire the most qualified talent at Google DeepMind” and denied that the company's systems filter out applicants incorrectly. “This team set up a special form to go past the recruiter review, and get their resumes direct to the people on the team. But there are no shortcuts to getting hired,” the spokesperson added. AI has rapidly become a part of the hiring process, prompting some HR teams to worry they may soon be out of a job. But how that AI is employed can be murky. Some companies run AI models to rank applicants, while others filter resumes for key terms. Google’s Workspace team, which sells popular products such as Google Drive to businesses, markets the company’s new AI features as a way to “save HR time by quickly creating drafts for job postings, evaluating resumes, and forecasting hiring needs.”AI hiring systems have also come under fire for potentially discriminating against candidates. A Bloomberg investigation found that OpenAI’s ChatGPT showed signs of potential bias based on applicants’ names. And Workday Inc., which sells workplace management software, is facing a lawsuit that alleges its AI hiring systems screen applicants based on race, age and disability in violation of the law. Workday has denied the allegations and said humans make hiring decisions. The company did not respond to an additional request for comment. Meanwhile, some job candidates are using AI to their advantage by gaming the filters, or simply churning out applications in record time. The Google DeepMind team was on guard about this possibility as well, counseling candidates that their applications would be stronger without the help of AI. The form designed to circumvent automated screening includes an advisory: “A real human will read these. These humans get really tired of reading LLM answers, because they all sound very samey.”
=== NEW SOURCE REPORT ===
Source Report from Deccan Chronicle: Hyderabad: The Central government has finalised seven sites including one in Warangal for setting up PM MITRA Parks. The site was selected under brownfield category and Rs.300 crore has already been expended towards development of trunk infrastructure. The park was formally inaugurated by Prime Minister Narendra Modi on May 10, 2026. Currently, the park is operational with around 548 acres of land already being allotted to investors and commercial production has started. Once completed, the project is envisaged to generate one lakh direct and two lakh indirect jobs. With existing commitments alone, over 24,400 direct jobs are expected to be generated. A strong majority of the workforce in operating apparel units comprises women. Structured skilling programs and local preference policies ensure gainful employment for youth and vulnerable sections, including Scheduled Castes (SC) and Scheduled Tribes (ST), fostering inclusive regional development. With regards to the handloom sector, the budget is not allocated State-wise. Funds are released to eligible handloom agencies based on receipt of viable proposals under the extant scheme guidelines. To develop integrated large scale and modern industrial infrastructure facility for entire value-chain of the textile industry, the government has approved setting up of seven PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in Greenfield and brownfield sites with scheme outlay of Rs.4,445 crore for the period 2021-22 to 2027-28. This was stated by the Minister of State for Textiles Pabitra Margherita while responding to a question raised by the BJP MP M Raghunandan Rao on PM MITRA Park for Telangana in Lok Sabha on Tuesday.
=== NEW SOURCE REPORT ===
Source Report from Deccan Chronicle: Share price of payment aggregators/fintech companies including Paytm, Mobikwik, Pine Labs gained sharply on Monday as analysts raised the target price of these companies expecting the proposed introduction of Merchant Discount Rate (MDR) charges on large UPI merchant transactions could boost their profitability. Shares of One97 Communications, the parent company of digital payments major Paytm rose 9.88 per cent to close at Rs 1584.10 on NSE after hitting 52 week high in intraday trade of Rs1598.50 after global brokerage Bernstein maintained its outperform rating on the company and raise its price target to Rs 2200 from Rs 1500. Bernstein in its report said that the proposed MDR fee could lift Paytm’s net payment margins by 3 4 basis points which could drive a 30 per cent increase in the company’s earnings per share for FY30 compared to its previous forecasts. The market cap of One97Communications crossed Rs one lakh crore mark and stood at Rs 101561.90 crore at market close. Similarly, other payment companies also gained with Pine Labs shares closing 4.90 per cent up at Rs 162.01 and One Mobikwik Systems gained 3.49 per cent to close at Rs 207.30. Jefferies estimates MDR could increase Paytm’s FY28 EBITDA and profit by 15 per cent to 35 per cent, while Pine Labs’ EBITDA could rise by 10-23 per cent, depending on the final framework. Experts said that the proposed UPI monetisation will boost the profit margins of other payment aggregators too including PhonePe, GooglePay, BharatPe, RazorPay and PayU.“Our base case assumes a headline MDR of around 35 basis points applicable only to a subset of UPI Payment to Merchant transactions. Given the highly skewed nature of UPI transaction values, even a narrow charging perimeter can capture a meaningful share of payment value. We estimate MDR will apply to around 50 per cent of transaction value and that Paytm can realise 3-4 basis of incremental net payments margin translating into around Rs 2200 crore of incremental EBITDA by FY30 estimates,” said the Bernstein report.
=== NEW SOURCE REPORT ===
Source Report from Deccan Chronicle: Vijayawada:The Central government has informed the Rajya Sabha that it has approved the revised cost for completion of the Polavaram irrigation project under phase-1 with storage upto elevation level +41.15 metres, which involved Rs 30,436.95 crore at the 2023 price level. This was to be done by March, 2026 subject to an extension by a year. The balance central grants for the project is limited to Rs 12,157.53 crore. R. Krishnaiah, MP, raised several unstarred questions in the Rajya Sabha on the progress of Polavaram, to which the jal shakti minister of state replied on Monday. He said the central government has released funds for the project to an extent of Rs 12,620.53 crore in the last five years. The break-up is as follows: 2021-22-Rs 1,898.80 crore; 2022-23-Rs 1,671.23 crore; 2023-24-Rs 727.88 crore; 2024-25-Rs 5,512.40 crore and 2025-26-Rs 2,810.22 crore. As for the progress in taking up works on the spillway, earth-cum-rock fill dam and canals, the following are the rates of completion: spillway- earthwork-96.87 per cent, concrete-98.84 cent and steel-92.95 per cent. For the earth-cum-rock fill dam and connectivities: Earthwork-75.56 per cent, concrete-81.99 per cent and steel-81.31 per cent. For the main canals-earthwork-98.96 per cent; concrete-88.44 per cent; and steel-55.68 per cent. The total number of project displaced families (PDF) is 96,660 due to the construction of the Polavaram project and the number of PDFs under phase-1 (up to elevation level 41.15 m) who have been physically shifted is 17982. An amount of Rs 1,373.01 crore has been disbursed towards R and R cash and entitlements and Rs 1,581.08 crore incurred on execution of the R and R works.
=== NEW SOURCE REPORT ===
Source Report from Times of India: US stock market today: Wall Street benchmarks traded close to record levels on Tuesday as investors awaited fresh inflation data, while oil prices remained volatile amid continued uncertainty over when the conflict with Iran would allow crude exports to resume freely. The S&P 500 was little changed, hovering near the all-time high it reached on Friday. By 9:35 a. m. Eastern time, the Dow Jones Industrial Average had gained 101 points, or 0.2%, while the Nasdaq composite edged down 0.1%. Inflation data in focusInvestors are now focused on Wednesday's release of the latest US inflation data. Economists expect the report to show that inflation remained elevated in July but eased slightly to 3.4% from 3.5% in June, according to an AP report. A moderation in inflation would ease pressure on the Federal Reserve, whose policymakers remain divided over whether further interest rate increases are needed to contain price pressures. Although higher borrowing costs can help curb inflation, they also slow economic activity by making loans more expensive for US consumers and businesses. Rising interest rates also tend to weigh on equity markets and other investment assets. According to CME Group data, traders currently see a slightly better than 50% chance that the Federal Reserve will raise its benchmark interest rate at its September policy meeting. If that happens, it would mark the first rate increase in more than three years and could draw criticism from President Donald Trump, who has repeatedly called for lower interest rates. Treasury yields have climbed since the outbreak of the war with Iran as higher oil prices fuelled concerns over inflation, pushing long-term US mortgage rates to their highest level in a year. The yield on the benchmark 10-year US Treasury note edged lower on Tuesday to 4.68% from 4.72% at Monday's close. Even so, it remains significantly above the 3.97% level recorded before the conflict with Iran began. Among individual stocks, Cardinal Health rose 8.1% after reporting spring-quarter earnings that exceeded analysts' expectations, becoming the latest major US company to deliver stronger-than-expected results. Corporate earnings have consistently surpassed market forecasts, a trend welcomed by investors as stock prices generally track profit growth over the longer term. Aramark, the food services and facilities management company, gained 8.3% after posting quarterly profit and revenue that came in ahead of analysts' estimates. Those gains helped offset a 0.5% decline in Intel shares after the company announced plans to increase its stock sale to $20 billion at $95 per share, up from the $15 billion offering announced a day earlier. Such share issuances dilute the ownership stake of existing shareholders. Intel said it intends to use the funds raised to invest in opportunities created by the rapid growth in demand for artificial intelligence technology. Oil prices swingOil prices saw much sharper movements. Brent crude briefly climbed above $90 a barrel during morning trade before retreating, and was last quoted at $87.18 a barrel, down 0.6% from Monday's closing level. Such volatility has become a recurring feature of the oil market since the United States and Israel launched attacks on Iran in late February, triggering the closure of the Strait of Hormuz and disrupting the movement of a large share of the world's crude supplies from the Middle East. During the previous month alone, Brent crude fluctuated between $72 and $102 a barrel. The rise in crude prices has intensified inflationary pressures, pushing the average US price of a gallon of regular gasoline to $4.01, according to AAA. That compares with less than $3.14 a year earlier, although it is lower than last week's level of nearly $4.09. In overseas markets, European stock indexes posted modest gains following a mixed session across Asia. Hong Kong's Hang Seng Index was among the biggest decliners globally, falling 1.1%. Get the latest Business News and Live updates. Download the TOI app.