The US Senate has moved forward with the Genius Act, a bill designed to regulate stablecoins. Despite Democratic concerns about President Trump's potential conflicts of interest due to his cryptocurrency ventures, the bill passed a key procedural vote. It introduces comprehensive regulations for stablecoins, including reserve requirements and consumer protections.
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Stock market recommendations: Motilal Oswal Financial Services recommends Bharti Airtel and Varun Beverages as top stock picks for the week starting May 19, 2025. They favor Bharti Airtel's premiumization and expect significant free cash flow generation. Varun Beverages delivered strong revenue growth and is expected to capitalize on India's beverage market.
Munmun Dutta, celebrated as Babita Ji in 'Taarak Mehta Ka Ooltah Chashmah,' recently shared nostalgic throwback pictures on Instagram, fondly remembering the late Ghanshyam Nayak, famously known as Nattu Kaka. The snapshots, dating back six years, capture lighthearted moments between them.
The Supreme Court clarified on Monday that there's no mandatory one-year jail term before bail in money laundering cases, granting relief to an accused in the Chhattisgarh liquor scam. Justices Oka and Bhuyan emphasized that a year-long custody isn't a prerequisite for bail.
Animesh Kujur, battling heatstroke and fatigue, defied expectations by setting a new national record of 20.40 seconds in the 200m at the Senior Federation Cup. He also contributed to a new national record in the 4x100m relay. Formerly a football player, Kujur's rise in athletics has been meteoric, fueled by inspiration from Usain Bolt and strong family support.
Ayush Mhatre, a 17-year-old Mumbai opener, has been appointed as the captain of the India U-19 team for their upcoming tour of England, which includes a series of one-day and multi-day matches.
Maharashtra Chief Minister Devendra Fadnavis hosted India cricketer Rohit Sharma at his residence, Varsha, to celebrate the veteran's Test career. The CM conveyed his best wishes to Sharma, who recently retired from Test cricket after playing 67 matches.
In Paris, the pregnant daughter of a crypto executive and her child were targeted in a kidnapping attempt. Masked assailants attacked, but locals intervened, thwarting the abduction. The victims sustained minor injuries, and the attackers fled in a fake delivery van.
Tesla's stock surged, increasing its market cap to $1.12 trillion, prompting Elon Musk to taunt Minnesota Governor Tim Walz on X. Musk referenced Walz's earlier mockery of Tesla's stock decline, responding with sarcasm and personal insults. Walz had previously joked about Tesla's struggles, leading to Musk's sharp rebuke and subsequent name-calling, before Walz walked back his comments.
Asaduddin Owaisi urges the Indian government to seize the opportunity presented by spontaneous anti-Pakistan protests in Kashmir following the Pahalgam attack. He advises PM Modi and Amit Shah to embrace Kashmiris by ensuring their rights and protection, while simultaneously confronting Pakistan's destabilizing activities. Owaisi is also part of an all-party delegation for diplomatic outreach against cross-border terrorism.
Janhvi Kapoor captivated at Cannes with a sleek, all-black ensemble, a departure from her previous shimmery pink look. Styled by her cousin Rhea Kapoor, the outfit paid homage to Yves Saint Laurent, featuring a vintage saucer hat and velvet jacket. A custom-made silk chiffon skirt by Anamika Khanna and exquisite yellow diamonds by Chopard completed the iconic, Hollywood-esque appearance.