Oracle's Larry Ellison, with a $270 billion fortune, has invested over $1 billion in global real estate. His portfolio includes Lanai, a Hawaiian island transformed into a sustainable retreat with luxury amenities. Ellison's Woodside estate, a Japanese-inspired masterpiece, cost over $200 million.
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Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday, rallying strongly on the back of sweeping GST rate cuts announced by FM Nirmala Sitharaman.
India and Japan have launched an Economic Security Initiative, focusing on supply chain resilience and collaboration in sectors like semiconductors and clean energy. The countries are also strengthening ties through the Japan-India Artificial Intelligence Initiative, aiming to enhance cooperation in AI technologies. Both nations plan to increase people-to-people exchanges and foster business collaboration.
The White House clarified that President Trump is not increasing student visas for Chinese nationals, despite recent speculation. The 600,000 figure cited refers to a two-year cumulative count, representing a continuation of existing policy. This clarification addresses criticism from those who viewed the number as a policy shift amid ongoing US-China trade negotiations.
While Trump’s constant delays has earned him the sobriquet TACO (Trump always chickens out), his latest move has made things even more difficult for the MAGA faithful to swallow: greenlighting the entry of 600,000 Chinese students.
Despite trade tensions initiated by the U.S., India and the U.S. are engaged in Exercise Yudh Abhyas 2025 in Alaska, a large-scale military drill involving 450 Indian Army personnel. The exercise, focused on high-altitude operations and interoperability, underscores the strong defense partnership between the two nations. India emphasizes its commitment to the U.S.
Donald Trump called trade with India a disaster. Analysts criticized his approach, saying it pushes India towards China and Russia. Trump complained about trade imbalance and India buying oil from Russia. US media reported on warm interactions between Narendra Modi, Xi Jinping, and Vladimir Putin. Despite this, the US State Department says the US-India partnership remains important.
In New Delhi, a newlywed 18-year-old woman is in critical condition after being stabbed by her stalker in New Mustafabad. The incident occurred as she was preparing to return to her husband's home after post-wedding ceremonies.
After incendiary remarks strained ties with India, President Trump attempted damage control, affirming the "special relationship" despite disappointment over India's Russian oil purchases, threatening a 50% tariff. This came after India rejected US demands, asserting its right to choose its oil sources. While some US officials adopted a confrontational stance, others signaled a desire to maintain the consequential relationship.
A controversy has erupted within India's scientific community following the International Olympiad on Astronomy and Astrophysics (IOAA) in Mumbai. Accusations have surfaced against faculty members for allegedly orchestrating a resolution to suspend Israel's participation due to the ongoing conflict in Gaza.
Congress criticized the government as US tariffs took effect, stating PM Modi's 'MAGA+MIGA=MEGA' formula has become a 'MAHA headache' for India. Jairam Ramesh expressed concern over the 'Trump double tariff' impacting India's exports and the growing strictness on H1B visas. He mocked Modi's 'Make India Great Again' vision, inspired by Trump's slogan.