The National Financial Reporting Authority (NFRA) has suggested updating an outdated accounting standard to align with global norms, focusing on listed private companies. This proposal aims to safeguard investors by addressing multiple accounting lapses. Despite resistance from auditors, NFRA stresses the importance of modern standards given today’s complex financial systems and increasing retail investor...
Read MorePM Narendra Modi addressed criticism from Congress and opposition parties regarding his visit to CJI D Y Chandrachud’s residence for Ganpati puja. He likened their disapproval to the British’s disdain for Ganesh puja during India’s freedom struggle, highlighting its historical role in fostering unity against divisive strategies.
Read MoreOracle co-founder Larry Ellison expressed his strong desire to acquire more Nvidia GPUs during a dinner meeting with Elon Musk and Nvidia CEO Jensen Huang. Emphasizing the importance of GPUs in AI development, Ellison revealed plans for Oracle to build nuclear reactors to power a supercomputer equipped with up to 131,072 Nvidia Blackwell GPUs.
Read MoreVice President Kamala Harris called former President Donald Trump to express relief over his safety after a shooting near his Florida golf course. The FBI is investigating the incident as an attempted assassination. Suspect Ryan Wesley Routh faces firearm charges and remains in custody, with hearings scheduled for later this month.
Read MoreIntel is transforming its foundry business into an independent subsidiary to enhance competitiveness in the semiconductor sector. CEO Pat Gelsinger revealed a significant agreement with AWS, while pausing new chip plant constructions in Germany and Poland. Intel will also divest part of its stake in Altera and significantly reduce its global real estate holdings.
Read MoreSuresh Raina has endorsed Shubman Gill as the ideal candidate for India’s next T20 captain due to his impressive performances and leadership qualities. Despite BCCI appointing Suryakumar Yadav as the current T20 captain, Raina believes Gill’s calmness under pressure makes him a natural leader. Additionally, Raina is excited about Rishabh Pant’s return to Test...
Read MorePrime Minister Narendra Modi became emotional during a visit to an Adivasi family in Odisha, recalling birthday visits to his late mother. He interacted with ‘PM Awas Yojana’ beneficiaries and initiated projects worth ₹3,800 crore. Political leaders extended their well-wishes on his 74th birthday.
Read MoreHundreds of Hezbollah members, including fighters and medical personnel, were severely injured when their communication pagers exploded across Lebanon. Described as the biggest security breach in almost a year of conflict with Israel, ambulances rushed through Beirut’s southern suburbs amidst chaos. Ongoing detonations and numerous injuries were reported by local sources.
Read MoreDonald Trump accuses Democrats of inciting violence against him, citing recent assassination attempts as evidence. Democrats counter by highlighting Trump’s own inflammatory rhetoric. Both sides use selective statements to support their claims. Security concerns for Trump have intensified, leading to calls for increased protection and investigations into the threats.
Read MoreSean “Diddy” Combs was detained in New York City during a federal investigation into sex trafficking allegations. The rapper faces several legal challenges, including sexual assault claims. A recent video allegedly depicting him assaulting ex-girlfriend Cassie Ventura has escalated scrutiny and initiated a federal criminal investigation.
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