Mobile phone purchases on EMI are helping individuals in the informal sector create a formal credit history, enhancing access to other loans. Digital lending and no-cost EMIs from lenders like Bajaj Finance are boosting mobile sales on credit. Obtaining these loans helps in generating a credit score, which is beneficial for future borrowings.
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The Ministry of External Affairs (MEA) has clarified there is no contradiction between the Army chief Upendra Dwivedi and external affairs minister S Jaishankar regarding disengagement with China in eastern Ladakh. While the Army chief mentioned a 'degree of standoff' remaining, the MEA highlights disengagement is completed at specific points. The Army chief notes authorities can handle minor issues to prevent escalation.
The Los Angeles Lakers are targeting Myles Turner, Walker Kessler, and Nic Claxton to strengthen their frontcourt after trading Anthony Davis to the Dallas Mavericks. However, acquiring any of these centers presents significant challenges due to high asking prices and limited trade assets, making it difficult for the Lakers to secure a deal before the trade deadline.
Female students at CMR Engineering College, Medchal, protested after alleging that hostel cooking staff secretly recorded them in bathrooms. Joined by student unions, they demanded justice and raised slogans like “We want justice.†Police assured swift action, promising to register a case and conduct a thorough investigation into the privacy breach.
Ace fast bowler Jasprit Bumrah may miss the Champions Trophy next month due to a back injury. The selectors, who have rested him for the upcoming T20I series against England, await his complete medical report. Bumrah’s absence could be a significant blow to the Indian team as they prepare for the tournament starting February 19.
Magnus Carlsen triumphed at the Freestyle Chess Grand Slam in Paris, securing the title by defeating Hikaru Nakamura 1.5–0.5 in the final. Carlsen's dominant performance earned him the $200,000 first prize, solidifying his status in this innovative format. Fabiano Caruana claimed third place, edging out Vincent Keymer and securing a spot in the upcoming Grand Slam event in the USA.
Celebrity chef Farrokh Khambata is accused of forgery and creating false documents by Gamdevi police in Mumbai. His wife, Dilshad, alleged that Khambata forged her signature to secure loans from banks that he did not repay. Police suspect Khambata has fled the country and are considering issuing a look-out circular.
The first JPC meeting on the 'one nation, one election' bills saw opposition MPs call the legislations an attack on constitutional norms, whereas BJP and allies argued for reduced expenditure and administrative load benefits, citing broad public support and historical precedents.
The Bharatiya Janata Party (BJP), led by Prime Minister Narendra Modi, secured a significant victory in the Delhi assembly elections, ending a 27-year hiatus in the capital. The Aam Aadmi Party (AAP) faced a major defeat, with its top leaders, including Arvind Kejriwal and Manish Sisodia, losing their constituencies.
President Donald Trump signed an executive order directing government lawyers to request bonds from plaintiffs suing his policies. This potentially imposes financial barriers for challengers, holding them liable for government costs if their case is lost. This response targets the numerous lawsuits against Trump's administrative changes, though judges are not obligated to grant these bond requests.
The meeting between President Trump and President Zelensky was marked by controversy over Zelensky's choice of attire. Trump and media reactions to Zelensky's military-style sweatshirt underscored diplomatic tensions and criticisms about respect for the decorum of the Oval Office.