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Tesla CEO Elon Musk has now become the first person in history to surpass a net worth of $800 billion after the landmark merger of his rocket company SpaceX and his artificial intelligence company xAI. As reported by Forbes, the deal valued the combined entity at $1.25 trillion, giving a boost to Musk’s personal fortune…
DEA Secretary Anuradha Thakur Economic Affairs secretary Anuradha Thakur expects foreign capital inflows to improve on the back of Budget measures that have been unveiled and is confident that the growth momentum will sustain. Excerpts:Given the challenges that the economy faces, how do you see the growth-inflation dynamics playing out in the short term?■ I…
Government aims at raising Rs 80,000 crore from divestment and asset monetisation in 2026-27, a sharp increase from the revised estimate of nearly Rs 34,000 crore.While govt has moved away from mentioning a specific target for asset sales in state-run firms, the realisations from divestment are mentioned under what is called the miscellaneous capital receipts.Economic…
Colorado Rockies at Los Angeles Dodgers (Image via Imagn) The Los Angeles Dodgers trading Roki Sasaki to the Detroit Tigers for Tarik Skubal is not tied to any confirmed talks, but the idea has gained attention this offseason. The scenario reflects two teams with different priorities. Los Angeles is built to compete for titles now,…
Atlanta Braves’ Ronald Acuna Jr (Image via Getty) A trade idea making the rounds this offseason imagines a bold swap between the Atlanta Braves and the Chicago Cubs. In this scenario, Chicago sends versatile infielder Nico Hoerner to Atlanta, while the Braves move hard-throwing reliever Robert Suarez to the Cubs to fix Chicago’s late-inning problem.It…
Sharad Kelkar believes that the very trait he is most known for—his powerful, commanding voice—can sometimes work against him. The 49-year-old actor, who has lent his voice to Prabhas in blockbuster films such as Baahubali, Adipurush and Salaar, as well as Nani’s Telugu hit Dasara, says filmmakers often hesitate to cast him as an everyday…
LeBron James at the Playoffs against the Timberwolves (Image via Imagn) The NBA trade deadline is getting closer, and the Los Angeles Lakers are once again part of serious trade talk. One proposal making the rounds involves a deal with the Sacramento Kings that would change the look of both teams without touching their main…
FILE – Former CIA agent Aldrich Ames leaves federal court after pleading guilty to espionage and tax evasion conspiracy charges April 28, 1994, in Alexandria, Va. (AP Photo/Wilfredo Lee, File) When Aldrich Ames finally left for the Elysian Fields, none of America’s major newspapers felt compelled to soften the landing. The New York Times called…
MUMBAI: Reserve Bank of India on Monday warned non-banking financial companies in Mumbai to tighten underwriting and monitor risks closely, marking the third caution in eight days.The RBI met managing directors and CEOs of select NBFCs, including govt NBFCs, housing finance companies and microfinance institutions. The governor said while NBFCs play a key role in…
RBI governor Sanjay Malhotra (File photo) Reserve Bank Governor Sanjay Malhotra met senior executives of major non-banking financial companies (NBFCs) on Monday to discuss key issues facing the sector, stressing the need for strong lending standards and close monitoring of loan quality.The meeting was attended by heads of government-owned NBFCs, housing finance companies and microfinance…
