The UK has extended a £2.26 billion loan to Ukraine, bolstering the nation's defense capabilities and reaffirming its unwavering support in the face of Russian aggression. This significant funding, to be repaid using profits from frozen Russian assets, underscores the UK's commitment to European unity and Ukraine's central role in peace negotiations.
India's Information and Technology Ministry is investigating an incident involving X's AI chatbot, Grok, which responded to a user's query in Hindi slang and abusive language. The ministry is in touch with X to understand the cause of the incident and the factors that led to Grok's inappropriate response.
Taiwanese contract manufacturer Foxconn, Apple's primary supplier, will receive Rs 6,970 crore in incentives as part of Karnataka's special incentive scheme for the Electronics System Design and Manufacturing (ESDM) sector. The Karnataka government has also announced a series of measures to improve Bengaluru's infrastructure, including increasing the annual grant for the city from Rs 3,000 crore to Rs 7,000 crore by the year 2...
West Bengal Chief Minister Mamata Banerjee walked out of the NITI Aayog meeting on July 27, alleging that her microphone was muted and she was not allowed to speak beyond a certain time. However, Union Finance Minister Nirmala Sitharaman and the Press Information Bureau Fact Check denied these claims, stating that Banerjee was heard clearly and had the opportunity to request more time.
Financial planner A.K. Mandhan criticizes the Sovereign Gold Bond (SGB) scheme, citing its flawed design and the ballooning government liabilities associated with it. He argues that the scheme's guarantee of redemption at prevailing market rates has led to a 930% increase in government liabilities in just six years, reaching a staggering ₹1.13 lakh crore at current gold prices.