US and China have reached a provisional trade deal, easing tariffs and pausing export curbs. While hailed as a success, the agreement may be too late for American soybean farmers and does little to address deeper economic woes in both nations.
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Jan Suraaj Party leader Prashant Kishor is reportedly registered as a voter in both Bihar and West Bengal, according to an election official. Documents indicate his West Bengal registration is in Mamata Banerjee's constituency, while his Bihar registration is in Sasaram. This dual registration violates electoral laws prohibiting multiple voter entries.
Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ruling mandates tax authorities to accept taxpayer-provided TDS documentation, like Form 16A, for verification. This decision prevents Assessing Officers from arbitrarily withholding legitimate refunds, shifting the verification burden to them.
OpenAI, creator of ChatGPT, has restructured into a for-profit entity, OpenAI Group PBC, under its non-profit arm. This move solidifies its partnership with Microsoft, granting the tech giant significant ownership and extended technology access until 2032. OpenAI gains operational freedom and capital-raising flexibility, while Microsoft loses exclusivity on some cloud services.
India and the US have inked an expansive 10-year defense framework to deepen strategic partnership, aiming to enhance cooperation across all domains. This move signals a renewed commitment to regional stability and safeguarding a free and open Indo-Pacific, despite ongoing trade tensions and shifting US priorities.
Abhishek Nayar has been appointed as the new head coach of Kolkata Knight Riders, succeeding Chandrakant Pandit. Nayar, a long-standing member of the KKR setup since 2018, brings progressive coaching methods and a player-centric philosophy to the role. He will work alongside mentor Dwayne Bravo as KKR embarks on its next phase.
Amazon is reportedly gearing up for massive job cuts, potentially eliminating up to 30,000 corporate roles starting this week. This significant reduction, impacting divisions like HR, Operations, and AWS, aims to curb expenses and streamline bureaucracy under CEO Andy Jassy's efficiency drive. The move follows aggressive pandemic-era hiring and a push for employees to return to office.
Blackstone is set to acquire nearly 10% stake in Federal Bank for Rs 6,196.5 crore, pending shareholder and regulatory approvals. This significant deal highlights a trend of Indian lenders attracting substantial private capital, fueling debate on the RBI's stance towards foreign strategic ownership in the banking sector.
Head coach Gautam Gambhir backs T20I captain Suryakumar Yadav despite recent batting dips, emphasizing an ultra-aggressive team philosophy where failures are accepted. Gambhir prioritizes a fearless brand of cricket over individual scores, highlighting Suryakumar's leadership and a dressing room culture built on trust and freedom from the fear of losing.
JPMorgan Chase is reportedly seeking to end its obligation to pay legal fees for Charlie Javice, the founder of Frank, who was found guilty of defrauding the bank. Despite a contract clause, JPMorgan argues the $60.1 million already advanced for her defense and appeal is "patently excessive and egregious," citing multiple law firms and high hourly rates.
On a golden Sydney evening, two men who have defined Indian cricket for over a decade found themselves writing the perfect epilogue. Virat Kohli and Rohit Sharma — both long retired from Tests and T20Is — walked out one last time in blue on Australian soil. The result wasn’t just a win; it was a resurrection — a poetic reminder that their story, even now, isn’t done.