US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports. Investors are concerned about the sustainability of AI spending and increasing competition from China. Major companies like Microsoft and Meta Platforms are set to release their quarterly results soon. The […]
US Fed chair Kevin Warsh says this after holding rates steady
Federal Reserve Chairman Kevin Warsh stressed commitment to the 2% inflation target. He clarified there is no implicit inflation target above this for the committee and noted that the committee is focused on understanding the underlying inflation dynamics and shocks.
Argentina vs Spain FIFA World Cup Final to be replayed? Petition for a rematch crosses 60,000 signatures
FIFA World Cup Final Rematch Petition: An online petition urges FIFA to replay the 2026 World Cup Final after Argentine fans’ concerns. Supporters allege irregularities during the match, but Change.org petitions hold no official power. FIFA regulations do not permit replays based on fan dissatisfaction or online signatures. This follows a similar French petition after […]
In 1943, US built an entire city, and it didn’t exist on a single map
Oak Ridge, Tennessee, was a secret city of 75,000 people during World War II. This hidden community was established for the Manhattan Project’s atomic bomb development. Residents worked on crucial tasks without knowing the overall purpose of their efforts. The city remained invisible to the public until the atomic bombs were deployed. Today, Oak Ridge […]
Humans have a ‘third eye’ in the brain: Study links it to a 600-million-year-old Cyclops ancestor
Humans cyclops connection: Scientists claim our eyes and even a hormone-regulating gland in our brain trace back to a bizarre, one-eyed sea creature that lived 600 million years ago.
1,500 ships trapped in Gulf of Hormuz is quietly multiplying an underwater army that could unleash World’s biggest bioinvasion event
Gulf of Hormuz underwater army: Nearly fifteen hundred ships stuck in the Persian Gulf after fighting closed the Strait of Hormuz. These idle vessels are now becoming breeding grounds for marine invasive species, whose build-up of organisms on ship hulls increases fuel consumption significantly. Scientists urge stricter rules to prevent a major bioinvasion event.
Eicher Motors Q1 Results: Profit jumps 21% to Rs 1,462 crore
Eicher Motors has announced an impressive 21.4 percent rise in profits for the first quarter. Royal Enfield has set a new benchmark with its highest quarterly sales volume to date. The company is also investing Rs 1,225 crore in a new greenfield facility in Andhra Pradesh, aimed at significantly boosting motorcycle production capacity. Additionally, VE […]
Waaree Energies Q1 Results: Net profit rises over 15% to Rs 892 crore
Waaree Energies has reported a profit increase of 15.39 percent for the June quarter, fueled by higher revenues that bolstered its financial performance. Notably, the company boasts a record order book of around Rs 61,500 crore. Additionally, module production experienced a remarkable year-on-year rise of 41.51 percent, while emerging business ventures are now making a […]
Star Health Insurance Q1 Results: Profit jumps 25% to Rs 550 crore
Star Health reported a twenty-five percent net profit increase for the first quarter. Total income rose to Rs 4,471 crore from Rs 3,990 crore a year ago. Gross written premium increased nineteen percent to Rs 4,287 crore during the quarter. The insurer’s underwriting profit surged significantly to Rs 111 crore. Star Health settled nine point […]
Amazon Web Services India net profit jumps over 10-fold to Rs 242 cr in FY26
In FY26, Amazon Web Services India experienced a remarkable increase in its consolidated net profit, soaring over tenfold to reach Rs 242.8 crore, while consolidated revenue from operations also experienced a growth of about 21 percent, hitting Rs 20,225.6 crore. However, the standalone net profit faced a downturn of approximately 14 percent, despite a standalone […]