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Insane bubble, even bigger than 1999: Sridhar Vembu on Big Tech valuations

Zoho Co-founder Sridhar Vembu warned that Big Tech stocks are in an "insane bubble", even bigger than the 1999 dot-com bubble. He cited high price-to-sales ratios, a metric used to value companies, of 20x for NVIDIA, 10x for Apple and 7.5x for Meta. Vembu also referenced a 2002 remark by former Sun Microsystems CEO Scott McNealy criticising high market valuations.
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News By: Mansi Agarwal
07:29 pm Saturday, 30 May 2026

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Greenlanders suffering mental distress jumped from 7% to 31% due to Trump's threats

The share of Greenlanders suffering from mental distress jumped from 7% to 31% over the last year due to US President Donald Trump's threats to seize the island, as per a study conducted by a Greenland public health institute. In January this year, Trump ruled out the use of force to acquire Greenland from Denmark.
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News By: Ankush Verma
07:38 pm Saturday, 30 May 2026

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β‚Ή195 cr traded on Kalshi, Polymarket as they favour Democrats to win US midterms

Over $20.6 million (β‚Ή195 crore) in total volume has been traded on prediction markets Kalshi and Polymarket as they project Democrats to win the 2026 US midterm elections. The midterm comes as President Donald Trump's approval rating has sunk to a second-term low, over military intervention in Iran and handling of economy. The elections will take place on November 3.
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News By: Ishaan Mukherjee
07:59 pm Saturday, 30 May 2026

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We are sorry: NTA after CUET-UG exam delayed due to technical glitch

After the CUET-UG exam was delayed across several centres due to technical glitches on Saturday, the National Testing Agency (NTA) apologised, stating, "We know this was stressful, and we're sorry for the anxiety it caused." The exam-conducting body added that it has asked the technical service provider, TCS iON, "to conduct a root-cause analysis and submit its report immediately".
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News By: Jayant Singh
08:14 pm Saturday, 30 May 2026

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China plans futures market for trading AI tokens: Report

China's Shanghai Futures Exchange is designing a futures market for AI tokens, the units of data processed by AI models, according to Reuters. This comes as major US exchanges prepare to launch GPU compute futures. China's daily token usage has jumped 1,000-fold since the start of 2024 to over 140 trillion by the end of March.
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News By: Mansi Agarwal
08:24 pm Saturday, 30 May 2026

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Disney manager gets 2.5 yrs jail term for smuggling drugs in Russia

A judge in Moscow has sentenced 46-year-old Walt Disney Manager Daterao Jugal Sudhir to 2.5 years in prison after he was found guilty of drug possession and smuggling. Sudhir arrived in Russia from Qatar in January 2026 and was apprehended at airport after THC-infused gummies were found in his baggage. He claimed gummies were prescribed by doctor after brain surgery.
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News By: Ankit Tiwari
08:20 pm Saturday, 30 May 2026

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Massive dust storm engulfs houses in Rajasthan, visibility drops to near zero during day

A massive dust storm swept across several districts of Rajasthan on Saturday, reducing visibility to near zero as it turned daylight into near-darkness. It also uprooted trees and disrupted electricity supply in some areas, as per a report. Clouds of dust and sand engulfed many towns, forcing motorists to switch on headlights during the day.
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News By: Daisy Mowke
08:38 pm Saturday, 30 May 2026

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Video shows Vinesh saying 'Main vapas aaungi' to WFI officials after losing Asian Games trials

A video showing wrestler Vinesh Phogat saying, "Main vapas aaungi (I'll come back)" to WFI officials after losing Asian Games trials has gone viral. Vinesh lost the women's 53kg semi-finals at the trials to Meenakshi Goyat and then looked towards WFI officials and said that she will return to the mat. Notably, Vinesh is making a comeback after two years.
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News By: Anmol Sharma
08:58 pm Saturday, 30 May 2026

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WFI wants me to die quickly: Vinesh Phogat after losing Asian Games selection trials

After losing Asian Games 2026 selection trials, wrestler Vinesh Phogat said WFI officials were cheering when she lost. She added, "Right now, the federation wants me to die quickly...that’s what they think." Vinesh said, "I’m incredibly stubborn and driven, and setbacks only fuel my determination. I’ll make a comeback, and when I do, I’ll silence every doubter with my performance."
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News By: Anmol Sharma
08:57 pm Saturday, 30 May 2026

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They wanted to kill me: Mamata's nephew Abhishek Banerjee after attack on him

After being attacked with eggs and stones in West Bengal's Sonarpur, TMC leader and Mamata Banerjee's nephew Abhishek Banerjee accused BJP of orchestrating the attack and said, "They wanted to kill me." "The whole incident...has...been captured on camera. I will definitely move to court," he added. Banerjee had travelled to Sonarpur to meet families of those affected by post-poll violence.
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News By: Ankit Tiwari
09:13 pm Saturday, 30 May 2026

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Liverpool part ways with manager Arne Slot after trophyless season

Premier League (PL) side Liverpool has sacked Arne Slot as the team's head coach with immediate effect. This comes after the club had a trophyless season and was knocked out of the Champions League in the quarter-finals. Slot, who clinched the PL title the previous season, failed to defend it as the club finished fifth in the league standings.
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News By: Ishaan Mukherjee
09:11 pm Saturday, 30 May 2026

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Several feared trapped after 5-storey building collapses in Delhi's Mehrauli

Several people are feared to be trapped under the debris after a five-storey building collapsed in Delhi's Mehrauli area on Saturday evening. Six fire service vehicles rushed to the spot after receiving the information, and a rescue operation is currently underway. At least four people have been rescued so far, reports said. No casualties have been reported so far.
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News By: Ankit Tiwari
09:25 pm Saturday, 30 May 2026

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17-yr-old boy stabbed to death in UP on Eid after being asked 'Have you ever seen goat sacrifice?'

A 17-year-old boy named Surya was stabbed to death by a youth named Asad following an argument in UP's Ghaziabad. Asad reportedly asked Surya, "Have you ever seen a goat being sacrificed?" to which Surya replied, "No," following which Asad said, "Come, we will show you." At this, Surya refused and started to leave, following which the accused stabbed him.
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News By: Ankush Verma
09:18 pm Saturday, 30 May 2026

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Which mutual funds have highest exposure to international stocks?

Edelweiss Technology Fund has the highest exposure to foreign equities among Indian mutual funds at 28.37%, Mint reported, citing Value Research data as of April 30. Other funds with notable foreign exposure include Franklin India Technology Fund, DSP Healthcare Fund, Axis Innovation Fund and SBI Technology Opportunities Fund. Indian markets have lagged several global peers over the past year.
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News By: Mansi Agarwal
09:34 pm Saturday, 30 May 2026

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Storm delays GT's arrival in Ahmedabad for IPL 2026 final

GT's arrival in Ahmedabad for Sunday's IPL 2026 final has been delayed due to stormy weather. GT were scheduled to leave Chandigarh by charter flight on Saturday afternoon after their Qualifier 2 win over RR. However, heavy rain across north-western India prevented authorities from issuing take-off clearance, delaying several flights. GT are expected to land in Ahmedabad after 10 pm.
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News By: Anmol Sharma
09:56 pm Saturday, 30 May 2026

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IPL 2026 final to be played on same pitch used for GT-RCB league-stage match

GT-RCB IPL 2026 final will be played on pitch number six at Narendra Modi Stadium in Ahmedabad. It's the same surface used for the GT-RCB league-stage match. GT dismissed RCB for 155 runs in that match and chased down the target in 15.5 overs. It's a mixed-soil surface that also hosted IPL 2025 final and T20 World Cup 2026 final.
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News By: Anmol Sharma
09:47 pm Saturday, 30 May 2026

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Blue Origin's rocket delayed by months after launch pad explosion

Blue Origin's New Glenn rocket has been delayed for months after an explosion during an engine test severely damaged a launch pad on Thursday. This will potentially disrupt key plans for Amazon's satellite broadband network and NASA's lunar programme. The setback comes when the Jeff Bezos-founded firm seeks to establish New Glenn as a credible rival to Elon Musk's SpaceX.
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News By: Ishaan Mukherjee
10:12 pm Saturday, 30 May 2026

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US makes U-turn on Green Card rules, says most immigrants won't have to leave country

After a recent announcement which appeared to suggest applicants would have to return to home countries to apply for Green Card, Department of Homeland Security issued clarification. Most immigrants won't be required to leave US, it stated. Immigration officers have long had discretion to decide on case-by-case basis whether applicant should complete the process from outside US, said a report.
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News By: Daisy Mowke
10:11 pm Saturday, 30 May 2026

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1st NVIDIA-powered Windows PC to debut next week: Report

NVIDIA and Microsoft could unveil the first Windows PCs that use NVIDIA's chips as the main processor next week, Axios reported. X accounts of Windows, NVIDIA and chip design firm Arm teased an upcoming announcement, sharing what appeared to be coordinates in Taiwan's capital, Taipei. The PCs could debut at Microsoft's Build developer conference in San Francisco.
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News By: Mansi Agarwal
10:05 pm Saturday, 30 May 2026

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Midcap firms record sharpest profit jump in 5 quarters: Report

BSE-listed midcap companies reported their sharpest profit growth in five quarters during the March quarter, according to a Moneycontrol analysis. The aggregate net profit of 92 companies in the BSE MidCap 150 Index, excluding select firms, surged 30% YoY. Revenue rose 19%, the strongest growth in 15 quarters, while operating profit jumped 26%, marking the sharpest increase in seven quarters.
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News By: Mansi Agarwal
10:03 pm Saturday, 30 May 2026

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