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Apple on Monday named long-time executive John Ternus as its next chief executive officer, marking a leadership change as the company prepares for a major shift in the technology industry driven by artificial intelligence. Current CEO Tim Cook will move to the role of executive chairman after overseeing Apple’s rapid growth for more than a decade.
The impending listing of the National Stock Exchange is poised to significantly bolster the financial health of three state-run general insurers. Their combined stake in the exchange, valued at approximately ₹11,500-12,000 crore, could improve their solvency ratios by nearly one percentage point, offering a substantial boost to their balance sheets.
The move is significant given the scale of reliance on informal transit: an estimated 200–300 million Indians depend heavily on privately run rickshaws, tempos and minibuses for last-mile connectivity, with most tier II, tier III and lower towns having limited public transport.
Mumbai Indians beat Gujarat Titans by 99 runs in IPL 2026 clash at Ahmedabad. Tilak Varma's maiden IPL century and Ashwani Kumar's four-wicket haul powered MI to a dominant win.
Trump's Truth Social post reflects a highly assertive narrative of military success, combined with strong denunciations of media institutions and claims of significant damage to Iran’s military and economy.
Actor Patrick Muldoon, known for Days of Our Lives, died at 57 after a sudden heart attack. Reports have now confirmed the cause of death, bringing clarity as tributes continue for the television and film star.
U.S. stocks edged lower as renewed U.S.-Iran tensions cast doubt on a ceasefire, despite Iran considering peace talks. Oil prices surged as the Strait of Hormuz was intermittently closed. Investors are now assessing the impact of these geopolitical events on corporate earnings and the broader economy.
The complaint, filed in the US District Court for the District of Columbia, seeks $250 million in damages and accuses the publication of publishing “false and obviously fabricated allegations.”
U.S. securities regulators proposed reforms to private fund disclosure rules, aiming to reduce burdens on smaller firms while still collecting essential data. The changes would significantly raise asset thresholds for mandatory reporting, a move criticized by some for potentially increasing industry opacity. The proposal seeks to balance risk management with regulatory relief.
Trump also reaffirmed his position on the critical Strait of Hormuz, a key global oil transit route that has been effectively shut down amid the conflict. “They want me to open it. The Iranians desperately want it opened. I’m not opening it until a deal is signed,” Trump said.
Jio Financial Services is expanding its lending book with property and asset-backed corporate loans. The company prioritizes balance sheet strength before venturing into unsecured credit. Its loan book currently focuses on these secured segments. Jio Financial Services aims to be a full-service financial provider, with its payments bank and payment aggregator businesses also showing growth.
The Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank over the last decade have been summoned. This probe follows questioning of former bank officials. The irregularities are estimated to have caused losses of around ₹2,000 crore. The investigation aims to uncover corporate governance issues and accounting discrepancies.
Trump’s remarks come amid renewed diplomatic activity around Iran and rising geopolitical tensions. His posts continue to frame the issue as a direct contrast between his proposed deal and the Obama-era nuclear agreement, positioning his approach as tougher and more security-focused.
U.S. power startup Fermi's shares plummeted 23% after CEO Toby Neugebauer and CFO Miles Everson abruptly departed. Short seller Fuzzy Panda Research alleged fraudulent transfers by Neugebauer and other executives. Despite leadership changes, the company reiterated its operational plan for "Project Matador," an AI-focused electricity generation site.
Kevin Warsh, Donald Trump's nominee for Federal Reserve Chair, will assure lawmakers of his commitment to monetary policy independence. He also plans to address non-monetary Fed functions and push for reforms, arguing the institution must "stay in its lane" and prioritize price stability to maintain its independence.
Reserve Bank of India Governor Sanjay Malhotra addressed global challenges at Princeton University, stressing upon agile monetary policy to counter supply shocks from West Asia. The focus is on preventing inflation from becoming persistent. Prudent fiscal management and domestic production also play key roles, he said.
Custodial death case: A bench of Justices Navin Chawla and Ravinder Dudeja observed that she failed to show “sufficient cause” for the condonation of delay of 1,945 days.
Niccolò Machiavelli's quote emphasises the tension between ethics and political power, arguing that effective governance may require decisions that conflict with moral ideals. In a world where political decisions often shape the fate of nations, Machiavelli’s words remain strikingly relevant.
Honeywell is selling its productivity solutions and services unit to Brady for $1.4 billion in an all-cash deal. This move aims to streamline Honeywell's business footprint as it prepares to split into separate aerospace, automation, and advanced materials units. The divestiture is expected to be completed in the second half of 2026.
Bulgaria Election 2026: Rumen Radev's Progressive Bulgaria party had 44.6% of the vote after all ballots were counted, suggesting it could rule alone, but he has not ruled out a coalition with a pro-European group or a smaller party.
