The US dollar hovered near a two-month low on Monday after a weak July employment report, released on Friday, scaled back expectations of Federal Reserve rate hikes. Investors are also closely watching upcoming Consumer Price Index (CPI) and Producer Price Index (PPI) data. US Treasury yields largely maintained their declines after the release of employment report.

Multiple stock traders have called for a one-day trading boycott on Wednesday, August 12, to protest against the securities transaction tax (STT) and closing auction system (CAS). The traders said no order should be placed or trade should be executed during the boycott. They said CAS is working against them and in favour of large institutions.

Arvind Panagariya, the 16th Finance Commission's chief, said the importance of the 1991 economic reforms carried out under PM Narasimha Rao's government is "overstated". "People writing history of these reforms are ones who were involved in them. So, there's a lot of...biases in telling of that history," Panagariya said. He noted that the 1991 reforms didn't end investment licensing.

A proposed UPI merchant discount rate (MDR) could raise processing costs for brokers and mutual fund distributors if financial services are included, Moneycontrol reported. The government is considering an MDR below 0.5% on payments above ₹2,000, potentially squeezing platforms' margins. An MDR of 0.25% would cost ₹25 on a ₹10,000 investment, possibly prompting firms to pass charges to customers.

Hyderabad-based small-cap IT stock Blue Cloud Softech surged 16% on Monday after investors mistakenly linked its US arm’s $150-million (₹1,430-crore) statement of work with SpaceX International to Elon Musk’s SpaceX. Under the deal, Blue Cloud will build and operate an AI compute and data-centre platform for SpaceX International. A similar confusion-driven rally occurred in June following talks.

GalaxEye has acquired Bengaluru-based spacecraft engineering company StarOps, gaining its satellite platforms, proprietary technologies and engineering expertise. The deal adds qualified satellite bus platforms across 50 kg, 150 kg and 250 kg classes, along with testing infrastructure and engineering tools. GalaxEye is developing Earth observation capabilities using its proprietary technology.

Shares of One97 Communications, Paytm's parent, rose nearly 9% intraday on Monday after brokerage Bernstein raised its target price to ₹2,200. The stock touched ₹1,565.90 on the NSE, while the revised target surpassed Paytm's ₹2,150 IPO price for the first time since its 2021 listing. Bernstein said its estimates now factor in UPI Merchant Discount Rate (MDR) from FY28.

Anthropic will make auto mode the default for Claude Code Pro, Max and Team users from August 14. Users with an existing default permission mode will receive a one-time in-app notification and can switch back using Shift+Tab. In auto mode, Claude Code proceeds without approval unless an action is deemed irreversible, destructive or outside the user's environment.

A video shared by Chinese robotics startup Deep Robotics showed its wheeled-legged quadruped robot traversing rocky coastal areas and muddy wetlands by adjusting its legs. The robot, Lynx M20S, is an upgraded industrial robot that combines wheels and legs for movement and carries up to 35 kg of payload. It offers IP67 water resistance and operates from -30°C to 55°C.

Indian startups are adopting a cost-conscious AI strategy, reserving powerful models for complex tasks while using cheaper ones for routine work, The Economic Times reported. Founders are deploying orchestration layers to match tasks with models based on capability and cost. The approach marks a shift from relying on the most powerful models to scaling AI efficiently without overspending.