Hindenburg Research will shut down as its founder Nate Anderson has announced the firm’s closure. In a post which could be seen as a reaction to the Hindenburg shit down news, Adani Group CFO Jugeshinder Robbie Singh said...
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Hit by the US-China tariff war, Chinese electronics component manufacturers are reducing prices by up to 5% as Indian companies negotiate new contracts. This could lead to 2-3% savings for Indian manufacturers of fridges, TVs, and smartphones, potentially lowering consumer prices. While India heavily relies on Chinese components, local production incentives and rising import duties are pushing for domestic manufacturing.
US President Donald Trump set a new record with the longest address to a joint session of Congress, speaking for over one hour and 40 minutes. Trump defended his administration's actions and targeted his Democratic opponents, causing political tension. Texas Representative Al Green interrupted the speech, leading to his removal, while several Democrats walked out in protest.
Cricketer Ravichandran Ashwin's surprise retirement announcement after India's recent Test victory sparked an outpouring of accolades. Matthew Hayden commended Ashwin's sharp cricketing mind and strategic prowess. Known for his thoughtful approach and self-belief, Ashwin concluded his Test career with impressive statistics, including 537 wickets and 3,503 runs in 106 matches.
A recent study using satellite imagery has found the remains of ancient Valabhi, once a prominent town in Gujarat between the 3rd and 8th centuries CE. Researchers identified key structures including the ruling seat, university, and monasteries. The findings suggest connections to other significant cultural sites, comparable to Nalanda and Vikramshila.
Sam Konstas impressed with a fifty on his Test debut against India in the Boxing Day Test, confidently tackling Jasprit Bumrah. Bumrah reflects on the challenges of bowling in Australia while recognizing Konstas and Steve Smith as formidable opponents. The match remains pivotal with the series tied at 1-1.
A 60-year-old businesswoman was deceived into investing 2.8 crore in a sham coffee powder company, persuaded by her brother with promises of high returns. Trusting the alleged involvement of cricketer Chris Gayle, she and others suffered significant financial losses, receiving only 90 lakh out of the 5.7 crore investment.
The Uttarakhand HC dismissed a petition by Welham Boys' School challenging a government order that allowed only tuition fees for online classes during the Covid-19 pandemic. The court upheld the government's authority to prevent private residential schools from charging fees for unused services to ease financial burdens on parents.
Meta, backing Elon Musk, is urging California's attorney general to halt OpenAI's shift to a for-profit company. They argue this sets a dangerous precedent, allowing startups to exploit non-profit benefits before pursuing profits. Meta's letter suggests Musk and associate Shivon Zilis are well-placed to represent public interest in this matter.
In Bengaluru's Chandra Layout, police arrested four individuals for moral policing. A woman, wearing a Burqa, was confronted by community members for speaking with a man from a different community while on a scooter. The woman filed a complaint, leading to the arrests, including a juvenile. Authorities confirmed that no violence occurred during the incident. An investigation is currently underway.
CISF has initiated the 'Great Indian Coastal Cyclothon' to raise awareness about coastal security by engaging with coastal communities. The event concluded with 125 cyclists, including 14 women, covering 6,553 km over 25 days and connecting with 58 communities across 11 states and UTs, reaching a 2.5 crore-strong audience.