The White House has warned Democrats about planned investigations into the Trump administration following recent midterm elections. White House counsel Will Scharf emphasized that threats aimed at officials could be considered criminality. Representative Robert Garcia stated that investigations are necessary to address potential corruption and abuse. Democrats aim to investigate various aspects of Trump's administration and financial dealings.
Nvidia CEO Jensen Huang is under scrutiny due to rumored connections with a suspected Chinese intelligence asset. An independent committee of directors is investigating potential implications for Nvidia and its stakeholders. Various legal actions, including a proposed class action lawsuit, are being explored by investors. Federal securities regulators may also investigate for possible violations of disclosure laws. The outcome of these investigations could impact the company's future and stock value.
US Secretary of State Marco Rubio held a phone call with Chinese Foreign Minister Wang Yi on Wednesday to finalise preparations for next week’s meeting between US President Donald Trump and Chinese leader Xi Jinping in Shenzhen, China. “The two heads of state agreed to enrich the connotation of a new vision of China-US relations, providing clearer strategic guidance for exploring a right approach for the two countries to get along with each other,” Chinese state news agency Xinhua quoted Wang as...
Yes Bank bondholders filed a contempt petition in the Supreme Court regarding the restoration of AT-1 bonds. The Supreme Court upheld a ruling that set aside the lender's write-off of 84 billion rupees in bonds. Axis Trustee Services, representing the bondholders, asked for directions to enforce the court's ruling. Yes Bank had not complied with the restoration order, prompting the trustee's legal action.
Nvidia CEO Jensen Huang is no longer expected at Anthropic’s CEO Forum and has disappeared from the ElevenLabs Summit lineup. The changes come after he admitted to being unfaithful to his wife and as Nvidia’s board investigates whether he was targeted by a foreign intelligence operation linked to reports involving executive Alice Huang.
Prime Minister Narendra Modi announced the approval of Nutrient-Based Subsidy rates for the upcoming rabi 2026-27 season. This decision aims to protect farmers from fluctuating international fertiliser prices, ensuring affordability. The budgetary requirement for this subsidy has increased significantly from the previous season. The government emphasizes that improving farmers' lives remains a top priority amidst global challenges. The total budget required is approximately Rs 62,370 crore for this season.
