JPMorgan Chase CEO Jamie Dimon cautioned American officials against underestimating China's resilience in the trade conflict, highlighting their preparedness and determination. He warned against expecting China to concede to American pressure, emphasizing their capacity to address challenges with significant resources. Dimon also expressed concerns about the United States' overall readiness for future global conflicts, particularly in military strength.
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Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Wednesday but the market quickly moved to the green territory. While Nifty50 was above 24,850, BSE Sensex was marginally up.
Elon Musk announced his departure as a special government employee and top advisor to President Donald Trump, marking the end of his role in streamlining federal bureaucracy. Musk thanked Trump for the opportunity to reduce wasteful spending, expressing confidence in the future of the DOGE mission. His exit follows criticism of Trump's tax and immigration bill, which Musk described as a "massive spending bill."
The Lokpal has cleared former Sebi chairperson Madhabi Puri Buch of corruption allegations stemming from a Hindenburg Research report. The anti-corruption ombudsman deemed the complaints "untenable" and lacking credible evidence. Buch and her husband had previously refuted claims of involvement in the 'Adani money siphoning scandal', dismissing them as baseless.
Chennai Super Kings defeated Gujarat Titans by 83 runs, powered by Devon Conway and Dewald Brevis's fifties. Titans, despite the loss, remain at the top of the table but now depend on Royal Challengers Bengaluru's result to secure a top-two finish. Chasing 231, Gujarat faltered early, losing key wickets in the powerplay and were eventually bowled out for 147.
‘Mission: Impossible – The Final Reckoning’ has grossed approximately Rs 91.70 crore at the Indian box office after 17 days. Despite new releases, the Tom Cruise starrer crossed Rs 90 crore by its third weekend. While the opening week saw a collection of Rs 54.4 crore, Monday witnessed the lowest collection at Rs 1.25 crore.
During a march in Colorado supporting Israeli hostages, a suspect attacked the group with a makeshift flamethrower and Molotov cocktails, injuring six people. Witnesses described a chaotic scene with victims suffering severe burns. The FBI is investigating the incident as a targeted terror attack, identifying the suspect as Mohamed Sabry Solimanw, who allegedly shouted "Free Palestine" during the assault.
In a historic moment for the Indian armed forces, the National Defence Academy (NDA) in Pune is set to graduate its first batch of 17 women cadets on May 30. Cadet Ishita Sharma, along with her peers, will mark this milestone after three years of rigorous training.
Tensions are escalating within Karnataka's Congress government as Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar clash over a potential leadership transition. The conflict stems from an alleged agreement for Siddaramaiah to relinquish his post after two-and-a-half years, a timeline approaching without any handover preparations.
Trinamool Congress criticized Amit Shah's focus on "sindoor politics," pointing out the irony of his anti-corruption stance given Suvendu Adhikari's presence in the BJP. The party accused BJP of being a "washing machine" for tainted politicians and demanded Shah's resignation over alleged security failures in J&K's Pahalgam that resulted in 26 deaths.
A bus crash on a Nigerian highway on Saturday killed 21 athletes returning from a national sports tournament, with authorities saying the accident might have been the result of driver fatigue or excessive speed. The Federal Road Safety Corps (FRSC) said the afternoon crash, which did not involve other vehicles, "might have occurred as a result of fatigue and excessive speed" after a long overnight trip.