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1. US housing squeeze: Over 50% of families burdened by rent; here's how much tenants pay

US housing squeeze: Over 50% of families burdened by rent; here's how much tenants pay High rents are consuming a growing share of Americans' incomes, with more than half of renter families in the US

US housing squeeze: Over 50% of families burdened by rent; here's how much tenants pay

US housing squeeze: Over 50% of families burdened by rent; here's how much tenants pay High rents are consuming a growing share of Americans' incomes, with more than half of renter families in the US considered rent-burdened as a persistent shortage of homes keeps housing costs elevated, according to Zillow. The median annual list rent for a two-bedroom home in the US stands at $21,480, while 54.1 per cent of renter families are considered rent-burdened, meaning they spend more than 30 per cent of their income on rented accomodations. Among families with children under 18, the share is even higher, at 54 per cent, Zillow found. “While the pace of increases has slowed, rents remain at a high level relative to income, and the share of cost-burdened renters has held at around 50 per cent since the pandemic,” Kenny Lee, senior economist at Zillow and StreetEasy, told CBS News. The burden is particularly severe for lower-income households. More than eight in 10 renters earning less than $30,000 a year were cost-burdened in 2024, according to Harvard University's Joint Center for Housing Studies. While land is available for development, construction has been held back by zoning restrictions and regulatory hurdles, Lee said. Those constraints have created a backlog of projects, particularly in markets where demand for rental housing is strongest. “Until those barriers come down, supply can't catch up,” Lee said. “When you have a lot of people competing for too few homes, prices go up, particularly for bigger apartments that are already in scarce supply.” The rental squeeze comes even as the US has taken steps to increase housing supply. A bipartisan housing bill signed into law earlier this year is expected to encourage more construction, but experts say its impact will take time to filter through to rents and home prices.

2. Cauvery row: Water released from KRS? BJP claim puts Karnataka govt on spot

Cauvery row: Water released from KRS? BJP claim puts Karnataka govt on spot BENGALURU/MANDYA: Did Karnataka quietly begin releasing Cauvery water to Tamil Nadu from Krishnaraja Sagar (KRS), even as it

3. FSSAI revokes liquor prohibition: Regulator withdraws 11-brand ban in Tamil Nadu

FSSAI revokes liquor prohibition: Regulator withdraws 11-brand ban in Tamil Nadu

FSSAI revokes liquor prohibition: Regulator withdraws 11-brand ban in Tamil Nadu CHENNAI: Within three days of prohibiting the sale of 11 Indian-made foreign liquor varieties of Chennai-based manufacturer Enrica Enterprises Pvt Ltd, the Food Safety and Standards Authority of India (FSSAI) on Friday made a U-turn revoking its earlier order, as distiller reportedly promised compliance within 30 days. Through its Aug 11 order, FSSAI southern regional office had issued prohibitory orders against 11 liquor varieties supplied by Enrica Enterprises following inspection at its manufacturing unit. The order said that the distiller used nature-identical and artificial flavouring substances. Based on the communication, the state and prohibition and excise commissionerate wrote to the Tamil Nadu State Marketing Corporation (Tasmac) on Thursday to stop procuring the 11 varieties of liquor from Enrica as well as not to sell them at retail shops. The retail sale was stopped on Friday, and FSSAI issued a fresh communication on the same day revoking its earlier prohibition order. Prohibition commissioner has communicated the same to the Tasmac management. While FSSAI's U-turn raised eyebrows, officials said that the company had appealed against the prohibition order promising compliance, after which the prohibition was revoked and instead an improvement notice was issued. "The improvement notice is valid for 30 days before which the distiller should submit a compliance report," said FSSAI director (southern regional office) V K Pancham.

4. Indian-American CEO who sacked 900 over Zoom gets fired himself

Indian-American CEO who sacked 900 over Zoom gets fired himself

Indian-American CEO who sacked 900 over Zoom gets fired himself TOI Correspondent from Washington: Indian-American entrepreneur Vishal Garg, who became a global symbol of ruthless corporate layoffs after firing 900 employees in a three-minute Zoom call just before Christmas in 2021, has himself been ousted as chief executive of Better Home & Finance. Garg's removal came in early August when Daniel Lewis, a hedge-fund manager who had joined Better's board only a week earlier, became interim CEO. Better's board said directors other than Garg had unanimously voted to terminate him, citing concerns about his “judgment, temperament and credibility.” The company also pointed to losses exceeding $1.5 billion since 2022 and a more than 90% decline in its stock price during his leadership. The ouster is the latest twist in the extraordinary corporate saga of Garg, who founded Better after becoming frustrated with the traditional mortgage process. Born in India and raised in New York, Garg graduated from Stuyvesant High School and New York University's Stern School of Business. He previously co-founded online student lender MyRichUncle and founded Better in 2014. But it was his treatment of employees that made him internationally notorious. In December 2021, Garg abruptly told more than 900 workers on a Zoom call that they were being laid off, saying their employment was terminated “effective immediately.” He subsequently took a leave of absence amid the uproar before returning as CEO.

5. OpenAI's S7 data centre drops plan to cool it with recycled water after permit snags

OpenAI's S7 data centre drops plan to cool it with recycled water after permit snags

OpenAI's S7 data centre drops plan to cool it with recycled water after permit snags OpenAI has abandoned plans to cool its planned S7 data center in Sydney, Australia, with recycled water. OpenAI nixed the plans in favor of a closed-loop liquid cooling system. According to a report in Reuters, Developers of a massive data centre OpenAI wants to build in Australia have abandoned plans to cool it with recycled water, switching to a more energy-intensive method that undercuts government efforts to curb the booming sector's drain on resources. The 612-megawatt 'S7' facility, planned as one of the largest data hubs in the world, initially aimed to tap Sydney’s treated wastewater to chill its servers, which would have reduced dependence on potable water sources and significantly lowered the cooling system's energy requirements. The move was designed to avoid depleting local drinking supplies while minimizing electricity use, according to planning documents filed in April. What made OpenAI walkaway from recycled water plan However, after failing to secure planning permission to build a pipeline to serve the data center, NextDC, the developer, decided to change its plans. Australian data centre operator NEXTDC told Reuters that it walked away from negotiations with local utilities after hitting regulatory roadblocks over the permits needed to construct a dedicated wastewater pipeline. In December 2025, OpenAI and NextDC announced that they had signed a Memorandum of Understanding that would see the ChatGPT-maker use some of the data center’s capacity, with the option to scale over time.

1. Mageba Bridge Products Private Limited vs. Trade Centre (12.08.2026 - SC)(MANU/SC/0867/2026)

The Supreme Court of India addressed the dispute between Mageba Bridge Products Private Limited and Trade Centre, focusing on whether the suit for recovery of money was barred by limitation and if the

2. Union of India (UOI) vs. Sunil Biyani (12.08.2026 - SC)(MANU/SC/0866/2026)

The Supreme Court of India addressed whether the Bombay High Court could grant protection from arrest to Sunil Biyani after dismissing his pre-arrest bail application. The Union of India appealed agai

3. Bharatiya Vidya Bhavan's Public School vs. M. Vimala and Ors. (06.08.2026 - SC)(MANU/SC/0865/2026)

The Supreme Court of India addressed the dispute between Bharatiya Vidya Bhavan's Public School and M. Vimala regarding the termination of Vimala's probationary teaching position due to her B. Ed. deg

4. Punjab National Bank vs. Shree Jyoti Education and Management Trust World and Ors. (12.08.2026 - SC)(MANU/SC/0864/2026)

The Supreme Court of India addressed the dispute between Punjab National Bank (PNB) and Shree Jyoti Education and Management Trust regarding the settlement of a loan account. The core issue was whethe

5. Karnataka Power Transmission Corporation Limited vs. Rekha and Ors. (12.08.2026 - SC)(MANU/SC/0863/2026)

The Supreme Court of India addressed the liability of Karnataka Power Transmission Corporation Limited (KPTCL) for compensation due to electrocution incidents involving Rekha and others. The court exa

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Certification Courses 3-Day Civil Drafting Workshop

It was extremely beneficial and practical… really helped me understand the nuances of civil drafting and boosted my confidence in preparing real pleadings.

Certification Courses 3-Day Civil Drafting Workshop

The sessions were so insightful and well-structured… the faculty explained every concept with patience and clarity, which made learning much easier.

Certification Courses 3-Day Civil Drafting Workshop

Honestly, it was a great learning experience… the course covered everything from plaints to petitions in such a smooth and engaging way.

Certification Courses 3-Day Civil Drafting Workshop

The workshop was very hands-on and practical… I really liked the live feedback and the real examples shared during drafting exercises.

Certification Courses 3-Day Civil Drafting Workshop

Very well conducted and informative… I just wish it could’ve been a bit longer because the sessions were that helpful.

Certification Courses Mastering Microsoft Word for Legal Work

The session was honestly eye-opening! I never realized how much time I was wasting on formatting until now.

Certification Courses Mastering Microsoft Word for Legal Work

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Certification Courses Mastering Microsoft Word for Legal Work

The trainer made even the technical tools so easy to understand… and I loved how they used real pleading examples.

Certification Courses Mastering Microsoft Word for Legal Work

Very relevant for lawyers and interns alike… it bridges the tech gap we all face while working on documents.

Certification Courses Mastering Microsoft Word for Legal Work

A concise and super useful masterclass… I now feel confident managing citations, templates, and formatting with ease.