A New York Helicopter Tour tragically crashed into the Hudson River, killing all six on board, including Siemens executive Agustin Escobar's family. The pilot, en route for refuelling, reported needing fuel shortly before the crash. CEO Michael Roth expressed devastation, noting the main rotor blades detached, speculating a possible bird strike or mechanical failure.
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New York City has officially declared April 14th as Dr. BR Ambedkar Day, recognizing his significant contributions to democracy, women's empowerment, and justice for marginalized communities. The announcement was made by Dilip Chauhan from the NYC Mayor's Office for International Affairs, with Union Minister Ramdas Athawale expressing gratitude for honoring Ambedkar's global legacy.
Ukrainian Prime Minister Denys Shmygal indicates Ukraine's readiness to sign a minerals agreement with the US amidst the pressure and the ongoing war with Russia. Shmygal emphasized the need for security guarantees from the US and Europe, deeming them crucial for Ukraine's and Europe's safety.
The Los Angeles Lakers are considering a blockbuster trade for Trae Young, aiming to enhance their offensive capabilities and improve fourth-quarter performances. The trade involves Rui Hachimura, Jarred Vanderbilt, Gabe Vincent, Dalton Knecht, and a 2029 first-round pick. Trae Young's playmaking skills could significantly benefit the Lakers alongside LeBron James and Anthony Davis.
The Supreme Court intervened by ordering a stay on the demolition notice for the Hazrat Saatpeer Sayed Baba dargah in Nashik. However, the Nashik Municipal Corporation had already demolished the structure before the hearing, leading to violence and injuries to 21 policemen.
Israeli Prime Minister Benjamin Netanyahu delayed the ceasefire with Hamas until a list of hostages is received. The ceasefire, mediated by Qatar, the US, and Egypt, is to include a hostage exchange. The temporary truce aims to release hostages and provide humanitarian aid, but Netanyahu stresses that Israel may resume hostilities if necessary.
IndusInd Bank's shares plummeted 20% to a 52-week low of Rs 720.50 due to discovered accounting irregularities in its forex derivatives portfolio. Several brokerages downgraded their ratings, highlighting concerns over corporate governance and future earnings.
Zoho CEO Sridhar Vembu paid tribute to Jeyesh Ram, a 27-year-old entrepreneur from Tamil Nadu, who died in a paragliding accident in Kullu, Himachal Pradesh. Vembu emphasized the need for stricter safety regulations in adventure sports. He also mentioned his investment in Jeyesh's venture, Tools Hub, and urged regulators to enhance oversight to prevent such tragedies.
China announced a 7.2% hike in its defence budget, bringing it to over $245 billion, reflecting its continued military modernization. This intensifies strategic challenges for the US and India, particularly in the Indo-Pacific region, amid mounting geopolitical tensions. On the other hand, India's defence budget remains constrained by operational shortfalls and spending limitations.
Haryana BJP president Mohan Lal Badoli and singer Rocky Mittal are accused of gang-raping a woman in a Kasauli hotel in July 2023. The FIR, filed nearly 1.5 years later, includes allegations of false job promises and threats. Badoli and Mittal deny the charges, calling it a political conspiracy.
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex was above 76,700, Nifty50 was near 23,200.