Elon Musk has experienced a significant $120 billion drop in net worth due to Tesla's declining share price and increased political scrutiny. Despite reduced consumer interest and emerging EV competition, Musk's previous resilience suggests he may overcome these financial setbacks. However, his political role raises questions about his commitment to Tesla's recovery.
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West Bengal BJP chief Sukanta Majumdar criticized Chief Minister Mamata Banerjee for her claim that Bengal shares a border with Sri Lanka. Majumdar linked this remark to the Supreme Court's decision upholding the cancellation of teacher recruitments due to irregularities. He also expressed concern over violence in Murshidabad and urged the governor to intervene for peace.
Mark Zuckerberg criticized corporate culture for moving away from 'masculine energy' and discussed Meta's recent policy changes. He also expressed frustration with the Biden administration's handling of content moderation during the pandemic, while showing optimism about Trump potentially returning to the White House.
The H-1B visa cap of 85,000 for FY 2026 has been reached, as announced by USCIS. Selected petitioners can now file H-1B cap-subject petitions starting April 1, 2025. The fees for registrations and petitions have increased, with additional fees introduced for larger companies.
US President Donald Trump softened his stance on Ukrainian President Volodymyr Zelenskyy, expressing respect ahead of their meeting. This follows Trump's earlier labeling of Zelenskyy as a 'dictator.' The meeting will focus on a proposed mining rights deal, which involves sharing Ukraine’s mineral wealth with the US as compensation for military aid.
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Tuesday. While BSE Sensex was above 78,500, Nifty50 was above 23,750.
A senior secondary school in Bikaner, Rajasthan, has received orders to replace Urdu with Sanskrit as a third language due to low enrollment in Urdu classes. The decision follows a similar directive to a school in Jaipur, sparking controversy and allegations about fake degrees among Urdu teachers.
Mohandas Pai criticizes India's corporate sector for widening wage disparity. Executive salaries have surged while fresher salaries stagnated at a mere 15% increase over 13 years. Pai calls for fairer compensation, especially for entry-level and contract workers, citing continued profitability despite automation.
Facing internal dissent and mounting political pressure, Canadian Prime Minister Justin Trudeau reshuffled his cabinet on Friday. This move follows the resignation of eputy prime minister Chrystia Freeland. With elections looming, Trudeau’s leadership is increasingly under scrutiny. Trump has also taunted him on social media, after threatening with tariffs, adding to Trudeau's woes.
The CPI (Maoist) politburo's active members have dwindled to four, down from 16 in 2004, due to killings, arrests, surrenders, and deaths. The central committee now has just 11-12 active members. The loss of experienced, ideologically driven leaders, coupled with the rise of militarily focused members, is weakening the Naxal movement. Over time, key leaders have died or been arrested.
B9 Beverages, maker of Bira 91, has seen losses rise by 68% in FY24 due to an Rs 80 crore inventory write-off and a name change-related sales suspension.