Christopher Wood, global head of equity strategy at Jefferies, warns that cheaper Chinese artificial intelligence (AI) models could lead to 'massive capital destruction' in US markets, highlighting the rapid growth of Chinese LLMs and the increasing debt funding for AI capex in the US.
The Indian government has informed the Lok Sabha that the income-tax return (ITR) e-filing portal is functioning in a 'largely stable and efficient manner' despite a significant increase in traffic during the peak filing season. However, it acknowledged transient technical issues and disclosed that contractual penalties have been imposed on Infosys for project delays and service-level agreement failures.
Former poll strategist Prashant Kishor made a stunning electoral debut by winning Bihar's Bankipur assembly seat, a long-held BJP bastion. Concurrently, the Congress retained the Datia assembly seat in Madhya Pradesh, while the BJP successfully held onto the Manjalpur seat in Gujarat, showcasing mixed results for the ruling and opposition parties in these crucial by-elections.
It's only July but the South Korean drama scene is brimming with action and adrenalin.
A single night of deadly floods wiped out an entire village in Assam, leaving families without homes, cattle or hope.
Kerala Chief Minister V D Satheesan announced the state's vision to become a national hub for artificial intelligence and emerging technologies, coinciding with the launch of Naviq Technology by IBS Software Group. The state government is implementing initiatives like an AI-powered dashboard, a Global Job Watch Tower, and curriculum revisions to align with technological advancements and foster skill development in AI and semiconductor sectors.
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FIFA President Gianni Infantino's proposal to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to commercialise its events and offer stakes to external investors, has drawn significant criticism from governing bodies like UEFA and CONCACAF, who accuse FIFA of a lack of transparency and attempting to 'sell the soul of football'.
'We have to pull 80 million workers out of agriculture and go back to where we were in 2014. That itself is going to be a huge task.' 'We have already lost time, and that is a catastrophe impending.''
The Union Territory administration in Ladakh has announced the establishment of an Autonomous Hill Development Council (AHDC) for each of its seven districts, significantly expanding democratic decentralisation. This move extends elected local self-governance beyond Leh and Kargil, with a proposed Union Territory-level body under a customised Article 371 framework to oversee these councils.
Five people, including two school students, have died after a local train struck a pool car at an open level crossing in West Bengal's Murshidabad district. The gateman has been arrested, and a railway permanent way inspector suspended for alleged dereliction of duty.
The Mumbai police on Thursday ordered a probe and removed a police driver from the duty roster after a viral video purportedly showed him threatening student protesters with false narcotics charges if they returned to demonstrate.
Heavyweight weightlifter Lovepreet Singh secured a record-breaking silver medal at the Commonwealth Games, while Olympic champion Neeraj Chopra and two other Indian javelin throwers advanced to the final, marking an eventful day for India.
Defending champions U Mumba TT, led by Captain Manush Shah and Anna Hursey, secured a commanding 8-3 victory over Kolkata ThunderBlades in the Ultimate Table Tennis semi-final. This win sets up a title clash against Dempo Goa Challengers, marking U Mumba TT's second successive UTT final appearance.
Zinedine Zidane, the 1998 World Cup hero and former Real Madrid manager, has been appointed to lead the France national team, with the primary goal of converting recent near-misses into major trophies, starting with the 2028 European Championship.
Activist Sonam Wangchuk's wife has said she has moved the Delhi high court seeking permission to shift him from Safdarjung Hospital to a private facility, and will seek an urgent hearing on her plea on Sunday.
Ajinkya Rahane's retirement prompts a reflection on his remarkable career, marked by India's historic Gabba triumph, his quiet leadership, and a lingering question: was he an under-achiever or simply under-appreciated in the Indian cricketing ecosystem?
Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.
The Election Commission has extended the Special Intensive Revision of electoral rolls in Maharashtra by 10 days, moving the deadline to August 8. This extension also shifts the draft electoral roll publication to August 18, as part of ongoing efforts to update and verify voter information through house-to-house checks and document submissions.
Parliament on Thursday passed a bill to amend the anti-paper leak law to introduce stricter punishments, with the government expressing its commitment to go the extra mile to safeguard the interests of students, who are the country's future.
The Central Reserve Police Force (CRPF) will conduct a "professional post-event assessment" into the Rapid Action Force's (RAF) alleged use of pellet guns against anti-NEET protestors during a March 20 demonstration towards Parliament. This review follows the dispersal of protestors and aims to evaluate the circumstances and adherence to protocols regarding the use of crowd control measures.
'You never get chosen,' warns rediffGURU Anu Krishna, 'because he is fighting a battle outside.' 'It leads you to keep vacillating between, 'Should I be with him or leave him?''
Floods in Assam have claimed 31 lives, with 21 fatalities reported in the last 24 hours, affecting nearly 5.65 lakh people across multiple districts. Chief Minister Himanta Biswa Sarma visited affected areas, announcing an ex gratia of Rs 4 lakh for each deceased's family and acknowledging difficulties in relief distribution to submerged villages.
Social activist Anna Hazare on Wednesday wrote a letter to Prime Minister Narendra Modi, saying violence and police action during the students' ongoing protest in Delhi were "deeply distressing", and asserted that "dialogue" was always preferable to confrontation in a democracy.
Joe Root's unbeaten 99 not out guided England to a four-wicket victory over India in the second ODI in Cardiff, levelling the series 1-1. Despite falling one run short of a century, Root's selfless approach, prioritising the team's win over his personal milestone, earned widespread praise.
The Indian men's hockey team is undertaking a high-intensity mental conditioning camp in Switzerland with coach Paddy Upton, mirroring their successful preparation for the Paris Olympics. This crucial camp aims to build team chemistry and trust ahead of the upcoming World Cup and Asian Games.
Bollywood superstar Salman Khan has initiated a multi-phase relief drive through his Being Human organisation and fan club in Assam, providing food, medicines, and essentials to families affected by devastating floods, with plans for long-term rehabilitation support.
A new study published in The Lancet Public Health journal reveals that almost all countries are overusing 'watch' class antibiotics, which are stronger drugs meant for specific conditions and contribute significantly to antibiotic resistance. The research developed a framework to assess appropriate antibiotic use and found that while many countries overuse antibiotics, particularly the 'watch' category, some also underuse 'reserve' antibiotics, potentially leaving patients with drug-resistant infections untreated. The study highlights a global inequality where lower-income countries need more specialised antibiotics but higher-income countries use them more.
As the debate in Parliament over the use of excessive force and pellet guns against student protesters continues, experts have warned that injuries caused by pellet guns can result in irreversible damage, particularly when there is substantial soft-tissue loss, bone defects, or disruption of the continuity of nerves and blood vessels.
The Cockroach Janta Party (CJP) has warned it will resume its agitation if the government fails to provide a written agreement by Tuesday on the withdrawal of criminal cases against its protesters and organisers. The party claims this agreement was reached during talks that led to the calling off of their 36-day protest at Jantar Mantar.
Indian hurdler Santhosh Kumar Tamilarasan is heading to the Commonwealth Games in Glasgow with high confidence, following impressive performances at the Paris Olympics and Asian Athletics Championships. He attributes his success to consistent training at the Inspire Institute of Sport and is focused on delivering his best performance while representing India.
Ajinkya Rahane, known as 'Jinx', has retired from international cricket at 38, leaving behind a legacy of quiet resolve, exceptional captaincy, and crucial innings that often came when India needed them most.
Former France midfielder and Real Madrid manager Zinedine Zidane has been appointed as the new head coach of the French national football team, succeeding Didier Deschamps.
Nearly one in two children still leave the school system before completing higher secondary education.
Following the change in the Education ministry, students involved in the CJP protests express hope for significant reforms. Their key demands include greater transparency in the exam system, affordable and quality education, and improved government schools, highlighting the widespread desire for a more equitable and effective education system in India.
The Biotechnology Industry Research Assistance Council (BIRAC) has chosen seven to eight biotechnology startups as the initial group to receive funding from the government's ~1 trillion Research, Development and Innovation (RDI) Fund, with an average investment of approximately ~25 crore per startup.
The meeting comes amid the speculation that the Sharad Pawar led NCP may join the ruling alliance.
External Affairs Minister S Jaishankar met his Chinese counterpart Wang Yi in Manila, reiterating that peace and tranquillity in border areas are prerequisites for normal India-China relations. He stressed the importance of mutual respect, interest, and sensitivity, while also raising concerns about market access, trade imbalance, and supply chain uncertainties.
The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.
...does not feel quite epic yet.
