Dollar languishes as focus turns to CPI, Fed speakers

Trump press secretary Katie Zacharia says she passed bar exam in China, raising eyebrows

Katie Zacharia, US President Donald Trump’s newly appointed White House press secretary, faces questions about her legal credentials after telling reporters on Tuesday that she passed a bar exam “when I moved to China”, without identifying the jurisdiction. Zacharia, who has repeatedly described herself as a lawyer, made the remark after her first official White House press briefing. According to her LinkedIn profile, she worked as an associate at Zhong Lun Law Firm, one of China’s largest, in...

'You helped fraudsters in $9B scam': Senators grill Minnesota AG Keith Ellison at explosive hearing

Two ships hit by projectiles in Strait of Hormuz, maritime agency says

A tanker and a container ship were struck by projectiles of unknown origin in the Strait of Hormuz. This incident occurred while Iran has been asserting control over the waterway, blocking transit since the onset of the war. An investigation into the attacks is underway, but there has been no information on damage or casualties. Following US and Israeli strikes against Tehran, tensions have escalated in the region significantly.

SC dismisses MMTC appeal on NSEL's Rs 1,950 crore scheme

The Supreme Court dismissed the appeal filed by MMTC regarding a settlement scheme for creditors affected by the exchange's crisis. This ₹1,950 crore scheme had been approved by the National Company Law Tribunal last year. The approval was upheld by the National Company Law Appellate Tribunal on March 30. More than 90% of the creditors had approved the settlement scheme earlier in May 2025.

Delhi HC seeks Centre's reply on protest SOP

The Delhi High Court has requested the Centre to respond to a petition regarding protest regulations. Lawyers and traders are seeking a standard operating procedure to manage demonstrations effectively. They claim that recent protests have severely impacted businesses, costing traders around ₹2,000 crore. Senior counsel Sachin Puri represented the petitioners who highlighted the festive season's significance. The ongoing situation affects business activities, prompting the need for clear protest guidelines.

Delhi HC seeks Centre's reply on protest SOP

The Delhi High Court has requested the Centre to respond to a petition regarding protest regulations. Lawyers and traders are seeking a standard operating procedure to manage demonstrations effectively. They claim that recent protests have severely impacted businesses, costing traders around ₹2,000 crore. Senior counsel Sachin Puri represented the petitioners who highlighted the festive season's significance. The ongoing situation affects business activities, prompting the need for clear protest guidelines.

US stocks: Nasdaq ends down as chipmakers fall and bank earnings roll in

In a recent trading session, the Nasdaq index took a hit as chip stocks continued their downward spiral, amid diverging results from major banks like Citigroup and Goldman Sachs. The PHLX chip index faced a substantial decline, sparking fears surrounding competition in this sector. Despite the turbulence, analysts express optimism about future earnings linked to AI-driven innovations.

Peru governor touts Chinese interest in deep-water port pitched as Chancay alternative

A planned US$844 million port in southern Peru has drawn interest from several foreign investors, including Chinese companies, a regional governor said on Monday, as the government began promoting the project abroad. “Several companies have approached us. We have investors from the US, China and India who are very interested,” Rohel Sanchez, the governor of Arequipa, told reporters after signing an agreement with the state investment agency Proinversion. He said firms from Turkey and the...

Oppn heading for crushing defeat again in 2029 elections, says Amit Shah

Amit Shah criticized Congress leader Rahul Gandhi for engaging in negative politics and losing elections consistently. He expressed confidence that the National Democratic Alliance will secure a significant victory in the upcoming 2029 elections. Shah emphasized the need for Congress to connect with the public and engage in introspection regarding their recent electoral performance. Senior BJP leader Piyush Goyal also mocked Gandhi's behavior and rejected allegations of electoral malpractice.

Adani, Jabil sign MoU for AI & data centre equipment JV

Adani Enterprises and Jabil are forming a joint venture to manufacture artificial intelligence and data centre equipment in India. This venture aims to produce AI racks, servers, storage, and networking equipment for data centres. Furthermore, it will include equipment needed for power supply and cooling systems. The companies anticipate meeting both domestic demand and supporting exports in the market.

When SC expedited counting in Uttarakhand bodies ahead of 2027 assembly elections

Siroli Kalan has transitioned from a revenue village to an urban local body in Uttarakhand. The ruling BJP encountered significant political challenges after recent municipal elections. Despite efforts to weaken Congress, BJP could not gain ground in the Kichha municipality. Local dynamics shifted after Siroli's inclusion, highlighting the intricacies of electoral demographics. Ultimately, Congress retained control in local elections held in 2025.

Plea filed in SC over Rahul Gandhi, INDIA bloc leaders gathering in premises

INDIA bloc leaders, including Rahul Gandhi and Akhilesh Yadav, gathered at the Supreme Court to challenge the Election Commission's actions. Their petition raises concerns over alleged irregularities in the electoral roll revision process. The leaders' march was impeded by police barricades before they reached the court precincts. A large crowd assembled inside the court complex, causing reports of commotion among supporters.