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AUGUST 15 2024
In 1965, 17-year-old Fred DeLuca opened a small sandwich shop in Bridgeport to pay for college, today his brand is one of the largest fast food chains with over 35,000 outlets in 100+ countriesA teenaged Fred DeLuca opened a small sandwich shop to fund his medical studies. The brand experienced rapid growth after launching franchi...- US Market: Treasury bill yields rise as money-fund demand weakensSlower inflows into U.S. money-market funds are weakening demand for Treasury bills, pushing bill yields above short-term rate benchmarks. ...
- Kabul water crisis: Afghan capital edges towards 'day zero' as boreholes dry, drought bites and aid stays frozenKabul faces a severe water crisis as aquifers deplete faster than they can be replenished. The population growth has resulted in excessive ...
- SEC exposes $15 million alleged scam: How WhatsApp groups, AI trading promises and fake SEC claims lured investorsThe SEC has charged multiple entities over two alleged investment scams totaling more than $15 million. The agency says WhatsApp groups, AI...
- Defense secretary Pete Hegseth’s finances revealed: Bitcoin (BTC USD), more than $1 million in one bank account, retirement assets, stock sales and ETF purchasesPete Hegseth has reported significant financial assets in his latest disclosure for 2025. His holdings include Bitcoin valued between $16,0...
- Rapper Lucki injured. A look at his controversies: New Drank hitmaker’s ex-manager sued him for $1.5 million, claiming he destroyed his savings. A client accused him of wasting his $60,000Rap star Lucki was allegedly stabbed during a scuffle that took place between him and a member of Playboy Carti’s crew at ComplexCon. While...
- America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year highThe US economy showed mixed signals over the past week, with consumer confidence falling to its lowest level since 2014 and mortgage rates ...
- FPIs pull record Rs 3 lakh crore from Indian equities in 9 months. More pain ahead?In an unprecedented turn of events, foreign portfolio investors have divested a staggering amount exceeding ₹3 lakh crore from Indian equit...
- Nike stock plunges after shocking earnings report, company plans lay offsNike earnings statement shows that the company projected sales in the current fiscal year would fall by "high-single digits". Nike reported...
- TCIL pays Rs 43.86 crore dividend to government for FY26; profit after tax at Rs 146 croreTelecommunications Consultants India Ltd has paid a dividend of Rs 43.86 crore to the Government of India. This payment follows an operatin...
- Buyers paid Rs 260 crore for Gurgaon plots, waited 14 years as land remained undelivered: ED alleges plots were diverted, arrests Vatika promotersAnil Bhalla and Gautam Bhalla have been arrested by the Enforcement Directorate in a significant fraud investigation. They are accused of f...
- US Visa Bulletin October 2026: Some Indians get green card relief as new US fiscal year begins, but many remain stuckThe October Visa Bulletin brings forward movement for Indian green card applicants as the US starts its new fiscal year. EB-1 and EB-4 fina...
- India's SCO coordinator highlights regional connectivity, trade & transit in PakistanIndia's SCO National Coordinator Alok A Dimri emphasized regional connectivity and trade discussions during the SCO meeting. The meeting ai...
- Cornell University gang rape case reveals 1200 sexual assaults reported between 2018-24, only 7 expulsion even as over 51 people were found responsible; trend follows in NYU, Coloumbia and major NewYork collegesBetween 2018 and 2024, Cornell University documented 1,200 instances of sexual misconduct, yet only a handful of disciplinary measures were...
- Anthropic’s Road to IPO: Funding, valuation, Claude growth and legal battlesAnthropic is preparing for a closely watched U.S. IPO after rapid growth in funding, valuation and revenue. The Claude maker faces legal an...
- Anthropic's path from AI startup to industry-defining IPOAnthropic's IPO prospectus, reviewed by Reuters, laid out a sweeping vision in which AI would reshape the global economy more profoundly th...
- India joins SCO meeting in Islamabad to prepare for 2027 leaders' summitIndia is participating in a three-day meeting of the Shanghai Cooperation Organisation in Islamabad, which began on Monday. This meeting ai...
- India 10-year yield hits over two-year high as supply angst adds to global woesRecent trends show Indian government bonds plummeting, thus elevating benchmark yields to a two-year high. The government aims to secure su...
- Sambhal mosque row: Supreme Court reserves verdict on pleas against surveyThe Supreme Court reserved its verdict on pleas filed management committee of Sambhal's Jama Masjid challenging an order of the Allahabad H...
- Mutual fund SIP flows hit two-year high at 43% of gross equity flows; 12-month flows rise 17% YoY: ReportMutual fund SIP AUM rose 23% YoY to Rs 18.62 lakh crore in August 2026, while SIP flows as a share of gross equity flows hit a two-year hig...
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