Dubai and Johannesburg, both known as the "City of Gold," share a profound connection to the precious metal. Dubai leads global gold trade, symbolizing modern luxury and innovation, while Johannesburg's history is rooted in the 1880s gold rush, evolving into Africa's economic powerhouse. Both cities embody ambition and prosperity, their legacies intrinsically linked to gold.
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The Centre has challenged a Calcutta High Court order to repatriate six individuals, including a pregnant woman and her child, pushed into Bangladesh as illegal immigrants. The court had ordered their return within four weeks, a deadline that has now passed. The families are reportedly planning further legal action to ensure the implementation of the repatriation order.
The US Supreme Court has ended a decade-long legal fight, allowing H-4 visa holders, primarily spouses of H-1B workers, to continue working. This decision upholds employment authorization for those facing green card backlogs.
Young actor aspirants were held hostage at a Mumbai studio by a self-proclaimed filmmaker demanding to speak to certain individuals. Police successfully stormed the studio, rescuing 19 hostages, including 17 children, and apprehending the suspect. The motive is believed to be work-related dues, with the suspect appearing mentally unstable.
India's "Swasth Nari, Sashakt Parivar Abhiyaan" campaign has achieved a global recognition, securing three Guinness World Records. The initiative, focused on women-led health empowerment and nutrition, saw millions register for healthcare platforms and screenings. Union Health Minister JP Nadda hailed the milestone as progress towards a healthier and empowered India.
Top stock market recommendations: Nuvama Professional Clients Group's Deputy Vice President, Aakash K Hindocha, recommends ONGC, Graphite India, and SAIL as top buy calls. He anticipates Nifty and Bank Nifty to test all-time high levels.
Microsoft is navigating a major AI shift, with CEO Satya Nadella stressing the need to earn trust daily. The company achieved record revenues of $281.7 billion. Microsoft is investing heavily in AI security and quality, expanding its global datacenter presence. Initiatives like Microsoft 365 Copilot and GitHub Copilot are seeing massive user growth. A significant $4 billion investment is planned for AI education and skills development over five years, aiming to empower millions.
Google's parent company, Alphabet, has achieved a historic milestone, reporting its first-ever $100 billion quarterly revenue. This remarkable feat, doubling from five years ago, is largely attributed to the company's significant and successful investments in artificial intelligence. CEO Sundar Pichai highlighted their "full-stack approach to AI" as the driving force behind this widespread business growth and innovation.
Google Cloud is experiencing rapid growth, fueled by AI demand and significant infrastructure investment. Now a major revenue driver for Alphabet, it's challenging YouTube and closing the gap with competitors. A strategic shift towards customer focus and internal chip development has propelled this turnaround, positioning Google Cloud for future success.
Legendary Kapil Dev lauded the Indian women's cricket team's exceptional performance, stating they are superior to his 1983 World Cup-winning squad. He urged fans to appreciate the team's intelligent and elevated style of play, not just the outcome of the upcoming World Cup final against South Africa. Dev believes the team is ready to create history.
OpenAI has restructured into a public benefit corporation, solidifying CEO Sam Altman's authority and enabling significant growth through a major deal with Microsoft. This agreement untangles capital-raising limitations from their 2019 partnership, with Microsoft securing a $250 billion cloud computing contract and a 27% stake in the new PBC.