Oxfam International’s report highlights how colonial wealth extraction, particularly from India, has laid the foundation for modern economic inequalities, including the dominance of unearned wealth, the exploitation in global supply chains, and the widening gender and wage gaps, reinforcing economic dependency and underdevelopment.
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Apple has allegedly terminated Indian-origin employees in the US for misusing its matching grants scheme by creating false donation records. The Telugu Association of North America (TANA) faces scrutiny, with a subpoena demanding extensive financial documents for a joint FBI-IRS-DOJ investigation into potential misappropriation of matching grants.
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A 25-year-old man allegedly killed his 17-year-old cousin by pushing her off a 200ft cliff in Chhatrapati Sambhajinagar, due to her romantic relationship. The murder, suspected to be an honor killing, occurred after the girl sought refuge at her uncle's home following family tensions. Police have arrested the accused.
Carrick Rangers goalkeeper Jack McIntyre has apologised for shoving a ball boy during a match against Cliftonville. Despite video evidence, the referee did not penalize McIntyre. The club and McIntyre have expressed regret, and investigations by the Northern Ireland Police Service are ongoing. Any internal disciplinary actions will remain confidential.
Grandmaster R Praggnanandhaa triumphed at the Tata Steel Masters chess event in Netherlands, defeating world champion D. Gukesh 2-1 in the tiebreaker. Both players initially tied for first place with 8.5 points. Praggnanandhaa showcased strong technical skill and composure, ultimately securing his first Masters title by capitalizing on crucial mistakes made by Gukesh.
Elon Musk and Sam Altman publicly dispute the feasibility of 'Stargate,' a $500 billion AI infrastructure project in the US. Musk claims the necessary capital isn't available, while Altman defends the project's viability. Their conflict extends from Musk's exit from OpenAI, which he co-founded with Altman, to form his own AI venture.
Nithin Kamath, CEO of Zerodha, has raised concerns about fake apps mimicking financial institutions, urging RBI for stricter countermeasures. He praised RBI's new '.bank.in' domain but called for more robust actions against cyber frauds, including multi-layered app policies and real-time AI detections.