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Jules Hurst, currently performing the duties of comptroller, told lawmakers that “most of that money was for munitions,” though he did not clarify whether the figure includes long-term costs such as rebuilding damaged infrastructure in the Middle East.
Oscar-winning filmmaker Ang Lee reflects on the role of storytelling in shaping human experience, suggesting that without narrative, life risks becoming endless and directionless — much like the infinite digits of Pi.
Content creator Lakhan Arjun Rawat and his wife Neetu Bisht have alleged that a domestic cook spat on utensils and possibly food, sharing CCTV footage from their home. The videos have gone viral, triggering debate over hygiene and trust in household employment.
Emcure Pharmaceuticals saw a significant block deal where BC Investments IV Limited sold 18 lakh shares for Rs 289 crore to Norges Bank. The pharma company, which manufactures APIs and formulations, has shown strong performance with a 67% return in the past 12 months and a 50% YoY growth in net profit.
The conversation comes amid continuing diplomatic activity in West Asia following heightened tensions involving Iran, the United States and Israel. Recent weeks have seen efforts continuing to stabilize the fragile ceasefire situation.
Indian stock markets saw a strong upward trend on Wednesday. The Nifty 50 and Sensex both closed higher, driven by gains in auto, FMCG, and IT sectors. Analysts observed mixed signals with key support and resistance levels identified. US and European markets traded with mixed results ahead of the Federal Reserve meeting.
Ryan Rickelton took just 44 balls to race to his maiden IPL hundred, against Sunrisers Hyderabad at the Wankhede Stadium in Mumbai. He finished at 123 not out off 55 balls, studded with 10 fours and eight sixes.
Mining giant Vedanta is set to file for listing approval of its demerged companies next week. Shares of these new entities are anticipated to begin trading by mid-June. This strategic move will create five independent, sector-specific businesses. Each company will pursue its own growth path and attract investors.
Nifty's technical indicators suggest potential for a bullish crossover. Analysts recommend buying Reliance Industries and Coal India. Reliance Industries shows strong bullish momentum with potential upside to Rs 1,500-1,520. Coal India broke resistance and is poised for gains towards Rs 510-520.
The US Supreme Court on Wednesday (local time) restricted how the Voting Rights Act can be used to create majority-Black or Hispanic electoral districts. The ruling is seen as strengthening Republican efforts to maintain control of the House in this year's midterms and beyond, NBC reported.
Heavy rain in Bengaluru has caused severe damage to independent bookstore The Bookworm on Church Street, with thousands of books lost to flooding. The incident has sparked an outpouring of support from readers and the online community.
Audrey Hepburn’s quote highlights the difference between loneliness and chosen solitude. In a hyperconnected world, it emphasizes setting boundaries, protecting mental well-being, and reclaiming personal space as a form of strength, clarity, and self-awareness rather than isolation.
The latest measures come amid heightened tensions between Washington and Tehran over Iran’s oil exports, regional influence and alleged support for armed proxy groups across the Middle East.
Kevin Warsh's nomination to lead the Federal Reserve advanced through the Senate Banking Committee along party lines. This move comes as President Trump seeks to exert more control over the central bank.
The Federal Reserve is poised to maintain interest rates unchanged, grappling with rising inflation concerns fueled by escalating oil prices. Policymakers are debating whether to signal a prolonged period of steady rates or even potential hikes. This meeting marks a potential end to Jerome Powell's tenure as Fed chief, with Kevin Warsh expected to take over.
Indian Bank announced a 5% increase in net profit for the fourth quarter. The bank saw its operating profit rise and its gross and net non-performing assets fall significantly. Despite challenges foreseen in treasury operations due to global events, the bank projects steady growth in advances for the current fiscal year. Deposits also showed robust growth.
Nithin Kamath of Zerodha reports that opening stock exchange auction markets to retail investors is reshaping dynamics, impacting proprietary trading firms. Increased retail participation has improved liquidity and narrowed spreads in these auctions, which historically offered easy profits for specialized traders. This shift is making the market more efficient.
