Broadcom leads meltdown as its shares wipe off ₹27.27 lakh cr over below-expectation chip sales
Broadcom shares crashed 13% as the company said it expects chip sales in July-September to be $16 billion, falling short of $17.2 billion estimates. The stock crash wiped off about $285 billion (₹27.27 lakh crore) from investor wealth in a day. It also caused a meltdown in US' chip sector, hitting Micron (-6%), Marvell (-5%), AMD (-5%) and Intel (-2%).
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News By: Ashley Paul
09:39 am Friday, 05 June 2026
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Broadcom shares crashed 13% as the company said it expects chip sales in July-September to be $16 billion, falling short of $17.2 billion estimates. The stock crash wiped off about $285 billion (₹27.27 lakh crore) from investor wealth in a day. It also caused a meltdown in US' chip sector, hitting Micron (-6%), Marvell (-5%), AMD (-5%) and Intel (-2%).
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News By: Ashley Paul
09:39 am Friday, 05 June 2026
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Useless to pressurise PM Modi, India-US ties won’t affect Russia relations: Putin
Russian President Vladimir Putin has brushed aside concerns that India’s expanding engagement with the US could weaken its longstanding partnership with Russia. "It is useless to pressure Prime Minister Narendra Modi," he said. "We're developing our ties with India and will continue doing that. And we deem India to be a very reliable partner," he added.
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News By: Anmol Sharma
09:37 am Friday, 05 June 2026
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Russian President Vladimir Putin has brushed aside concerns that India’s expanding engagement with the US could weaken its longstanding partnership with Russia. "It is useless to pressure Prime Minister Narendra Modi," he said. "We're developing our ties with India and will continue doing that. And we deem India to be a very reliable partner," he added.
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News By: Anmol Sharma
09:37 am Friday, 05 June 2026
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Massive fire breaks out at housing society in Noida
A massive fire broke out in a flat on the 12th floor of high-rise tower at Ivy County Housing Society in Noida's Sector 75 on Friday morning. Thick smoke and flames were seen billowing from the apartment, prompting residents of the housing complex to rush to safety. Several firefighting teams were rushed to the spot to bring blaze under control.
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News By: Saurav Joshi
09:56 am Friday, 05 June 2026
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A massive fire broke out in a flat on the 12th floor of high-rise tower at Ivy County Housing Society in Noida's Sector 75 on Friday morning. Thick smoke and flames were seen billowing from the apartment, prompting residents of the housing complex to rush to safety. Several firefighting teams were rushed to the spot to bring blaze under control.
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News By: Saurav Joshi
09:56 am Friday, 05 June 2026
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Upset over portfolio, K'taka minister Ramalinga resigns from CM Shivakumar's Cabinet within 2 days
Senior Congress leader and newly sworn-in Karnataka minister, Ramalinga Reddy, has resigned from the CM DK Shivakumar-led Cabinet over not being allocated his desired portfolio. The long-time MLA said he was promised the Bengaluru Development Department, but was instead given Major and Medium Irrigation. This comes two days after 13 ministers, including Reddy, took oath alongside the CM.
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News By: Garima Garg
09:56 am Friday, 05 June 2026
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Senior Congress leader and newly sworn-in Karnataka minister, Ramalinga Reddy, has resigned from the CM DK Shivakumar-led Cabinet over not being allocated his desired portfolio. The long-time MLA said he was promised the Bengaluru Development Department, but was instead given Major and Medium Irrigation. This comes two days after 13 ministers, including Reddy, took oath alongside the CM.
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News By: Garima Garg
09:56 am Friday, 05 June 2026
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RBI keeps repo rate unchanged for the third time in a row
RBI Governor Sanjay Malhotra on Friday announced the Monetary Policy Committee's decision to keep repo rate unchanged at 5.25% for the third time in a row. With this, the standing deposit facility (SDF) rate is 5%, and the marginal standing facility (MSF) rate is 5.5%. The RBI had last cut the repo rate by 0.25% in December 2025.
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News By: Ashley Paul
10:08 am Friday, 05 June 2026
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RBI Governor Sanjay Malhotra on Friday announced the Monetary Policy Committee's decision to keep repo rate unchanged at 5.25% for the third time in a row. With this, the standing deposit facility (SDF) rate is 5%, and the marginal standing facility (MSF) rate is 5.5%. The RBI had last cut the repo rate by 0.25% in December 2025.
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News By: Ashley Paul
10:08 am Friday, 05 June 2026
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Maja Chwalinska becomes 1st qualifier to reach French Open final
Poland's Maja Chwalińska defeated Russia's Diana Shnaider 7-6(4), 6-4 in the French Open semi-finals to reach the first Grand Slam final of her career. With the victory, Chwalińska became the first qualifier in the professional era to reach the French Open final. The 24-year-old will face Russia's Mirra Andreeva in the final of the tournament.
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News By: Saurav Joshi
10:07 am Friday, 05 June 2026
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Poland's Maja Chwalińska defeated Russia's Diana Shnaider 7-6(4), 6-4 in the French Open semi-finals to reach the first Grand Slam final of her career. With the victory, Chwalińska became the first qualifier in the professional era to reach the French Open final. The 24-year-old will face Russia's Mirra Andreeva in the final of the tournament.
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News By: Saurav Joshi
10:07 am Friday, 05 June 2026
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Whatever I'm today is because of Mamata: Humayun as he offers to send her to WB Assembly
Humayun Kabir, who offered to send Mamata Banerjee to West Bengal Assembly, said whatever he's today is because of Mamata. "The situation in which she finds herself today pains me," he stated. Humayun, who won from Nowda and Rejinagar, said he can "send" Mamata to Assembly from Rejinagar if she asks him. Mamata lost from Bhabanipur in the Assembly polls.
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News By: Bhuvnesh Ojha
10:00 am Friday, 05 June 2026
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Humayun Kabir, who offered to send Mamata Banerjee to West Bengal Assembly, said whatever he's today is because of Mamata. "The situation in which she finds herself today pains me," he stated. Humayun, who won from Nowda and Rejinagar, said he can "send" Mamata to Assembly from Rejinagar if she asks him. Mamata lost from Bhabanipur in the Assembly polls.
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News By: Bhuvnesh Ojha
10:00 am Friday, 05 June 2026
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Former SL cricketer Rumesh Tharanga beats Neeraj's best with Asia's 2nd longest javelin throw
Sri Lanka's Rumesh Tharanga, who bowled at 134 kmph as a teenage cricketer before switching to javelin, won Rome Diamond League with a 92.62m throw on Thursday. The 23-year-old beat two-time world champion Anderson Peters. His national record surpassed Neeraj Chopra's 90.23m best and became the second-longest Asian throw after Pakistans' Arshad Nadeem's 92.97m at Paris Olympics.
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News By: Anmol Sharma
10:21 am Friday, 05 June 2026
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Sri Lanka's Rumesh Tharanga, who bowled at 134 kmph as a teenage cricketer before switching to javelin, won Rome Diamond League with a 92.62m throw on Thursday. The 23-year-old beat two-time world champion Anderson Peters. His national record surpassed Neeraj Chopra's 90.23m best and became the second-longest Asian throw after Pakistans' Arshad Nadeem's 92.97m at Paris Olympics.
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News By: Anmol Sharma
10:21 am Friday, 05 June 2026
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Disagreements happen in families: Netanyahu on Trump calling him 'f***ing crazy'
Speaking after US President Donald Trump acknowledged calling him "f***ing crazy" during a phone call, Israel PM Benjamin Netanyahu said disagreements happen in families. "We can disagree in the morning and find common ground by the afternoon," he stated. The phone call took place after Iran suspended peace talks due to Israel's military operation in Lebanon.
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News By: Bhuvnesh Ojha
10:19 am Friday, 05 June 2026
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Speaking after US President Donald Trump acknowledged calling him "f***ing crazy" during a phone call, Israel PM Benjamin Netanyahu said disagreements happen in families. "We can disagree in the morning and find common ground by the afternoon," he stated. The phone call took place after Iran suspended peace talks due to Israel's military operation in Lebanon.
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News By: Bhuvnesh Ojha
10:19 am Friday, 05 June 2026
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Mahua Moitra slams 'completely useless' rebel MLAs, says 'Don't call yourself TMC'
TMC MP Mahua Moitra said the party would "start afresh" after 58 rebel MLAs split and elected Ritabrata Banerjee as LoP in the West Bengal Assembly. Calling the rebels "completely useless", she said, "Please go on your own...Be part of your Ritabrata Congress...Don't call yourself the Trinamool Congress." Moitra also defended Mamata's nephew, Abhishek Banerjee, who is facing a revolt.
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News By: Garima Garg
10:42 am Friday, 05 June 2026
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TMC MP Mahua Moitra said the party would "start afresh" after 58 rebel MLAs split and elected Ritabrata Banerjee as LoP in the West Bengal Assembly. Calling the rebels "completely useless", she said, "Please go on your own...Be part of your Ritabrata Congress...Don't call yourself the Trinamool Congress." Moitra also defended Mamata's nephew, Abhishek Banerjee, who is facing a revolt.
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News By: Garima Garg
10:42 am Friday, 05 June 2026
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CBSE’s OSM contract value rose by ₹10 crore for same workload: Report
CBSE's OSM contract value for Coempt Edu Teck rose from ₹28 crore to ₹38.46 crore for the same 23.8 million answer-script workload, Hindustan Times reported. However, OSM was implemented only for Class 12, with 9.86 million answer books scanned. At ₹25.74 per booklet, the actual payable value comes to ₹25.39 crore, the report added.
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News By: Anmol Sharma
10:40 am Friday, 05 June 2026
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CBSE's OSM contract value for Coempt Edu Teck rose from ₹28 crore to ₹38.46 crore for the same 23.8 million answer-script workload, Hindustan Times reported. However, OSM was implemented only for Class 12, with 9.86 million answer books scanned. At ₹25.74 per booklet, the actual payable value comes to ₹25.39 crore, the report added.
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News By: Anmol Sharma
10:40 am Friday, 05 June 2026
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How is China driving Japan's growing investment in India?
Japan's growing investment in India, with its foreign direct investment crossing ₹2.7 lakh crore, is driven by a strategic shift away from China. Rising geopolitical tensions, supply chain risks, higher labour costs, and slowing economic growth in China have prompted Japanese firms to diversify their operations. Meanwhile, India offers rapid economic growth and a large domestic consumer market.
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News By: Vaishnavi Mishra
10:36 am Friday, 05 June 2026
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Japan's growing investment in India, with its foreign direct investment crossing ₹2.7 lakh crore, is driven by a strategic shift away from China. Rising geopolitical tensions, supply chain risks, higher labour costs, and slowing economic growth in China have prompted Japanese firms to diversify their operations. Meanwhile, India offers rapid economic growth and a large domestic consumer market.
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News By: Vaishnavi Mishra
10:36 am Friday, 05 June 2026
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Taylor Swift becomes richest female musician in history
Taylor Swift's net worth has now climbed to an estimated $2 billion, according to Forbes. Her brief on the report read, "In 2024, Swift reached billionaire status thanks to Eras Tour, which became...highest-grossing concert tour in history...She used the cash to buy...her original masters. By March 2026, her net worth doubled to $2 billion, making her...richest female musician in history."
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News By: Udit Gupta
10:54 am Friday, 05 June 2026
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Taylor Swift's net worth has now climbed to an estimated $2 billion, according to Forbes. Her brief on the report read, "In 2024, Swift reached billionaire status thanks to Eras Tour, which became...highest-grossing concert tour in history...She used the cash to buy...her original masters. By March 2026, her net worth doubled to $2 billion, making her...richest female musician in history."
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News By: Udit Gupta
10:54 am Friday, 05 June 2026
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Hackers simply ask Meta AI to give access to high-profile Instagram accounts, it follows order
Several high-profile Instagram accounts were hacked after Meta's AI was tricked into changing passwords. Hackers visited the 'change password' section and asked Meta AI to add new email addresses to target accounts. After successfully verifying the code sent to the new address, the AI itself showed 'Reset Password' option, without verifying password change request via the original email address.
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News By: Ashley Paul
10:53 am Friday, 05 June 2026
Sent on @inshortschannel Telegram
Several high-profile Instagram accounts were hacked after Meta's AI was tricked into changing passwords. Hackers visited the 'change password' section and asked Meta AI to add new email addresses to target accounts. After successfully verifying the code sent to the new address, the AI itself showed 'Reset Password' option, without verifying password change request via the original email address.
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News By: Ashley Paul
10:53 am Friday, 05 June 2026
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How old would you be on each planet if born on January 1, 1995?
A person's age would differ across planets due to their varying orbital periods around the Sun. A person born on January 1, 1995, would age quickly on Mercury with its short year, but would age more slowly on Neptune, Uranus or Jupiter, where a single year lasts much longer. Mercury takes 88 days to complete a revolution around the Sun.
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News By: Udit Gupta
10:52 am Friday, 05 June 2026
Sent on @inshortschannel Telegram
A person's age would differ across planets due to their varying orbital periods around the Sun. A person born on January 1, 1995, would age quickly on Mercury with its short year, but would age more slowly on Neptune, Uranus or Jupiter, where a single year lasts much longer. Mercury takes 88 days to complete a revolution around the Sun.
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News By: Udit Gupta
10:52 am Friday, 05 June 2026
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Foreign investors now fully exempt from capital gains tax on govt securities
The Centre has issued the Income Tax (Amendment) Ordinance 2026, which fully exempts foreign investors from capital gains tax on government securities. The exemption covers interest earned on securities and capital gains arising from their sale, exchange or transfer, and removes the 12.5% LTCG and 20% withholding tax on interest income. The move is likely to spur foreign investment.
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News By: Ashley Paul
11:12 am Friday, 05 June 2026
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The Centre has issued the Income Tax (Amendment) Ordinance 2026, which fully exempts foreign investors from capital gains tax on government securities. The exemption covers interest earned on securities and capital gains arising from their sale, exchange or transfer, and removes the 12.5% LTCG and 20% withholding tax on interest income. The move is likely to spur foreign investment.
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News By: Ashley Paul
11:12 am Friday, 05 June 2026
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Dissent in rebel TMC camp as Ritabrata proposes 'advisor' role for Mamata
Several leaders of TMC rebel camp expressed dissatisfaction after Leader of Opposition in West Bengal Ritabrata Banerjee proposed that Mamata Banerjee serve as "chief adviser" to the reconstituted legislature party. "If Mamata Banerjee is not accepted as the supreme leader, then we will have to think whether we should remain in this bloc or not," rebel MLA Gulshan Mullick said.
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News By: Bhuvnesh Ojha
11:03 am Friday, 05 June 2026
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Several leaders of TMC rebel camp expressed dissatisfaction after Leader of Opposition in West Bengal Ritabrata Banerjee proposed that Mamata Banerjee serve as "chief adviser" to the reconstituted legislature party. "If Mamata Banerjee is not accepted as the supreme leader, then we will have to think whether we should remain in this bloc or not," rebel MLA Gulshan Mullick said.
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News By: Bhuvnesh Ojha
11:03 am Friday, 05 June 2026
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Bhutan's Ritshi Choden becomes first woman cricketer to be timed out, Nepal apologise
Bhutan's Ritshi Choden became the first batter to be timed out in women's international cricket. Choden took over 90 seconds to arrive at crease in a T20I against Nepal, with the fielders' appeal upheld by umpires. However, Cricket Association of Nepal later apologised, saying while the dismissal was within the laws, it did not reflect the "spirit of the game".
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News By: Anmol Sharma
11:02 am Friday, 05 June 2026
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Bhutan's Ritshi Choden became the first batter to be timed out in women's international cricket. Choden took over 90 seconds to arrive at crease in a T20I against Nepal, with the fielders' appeal upheld by umpires. However, Cricket Association of Nepal later apologised, saying while the dismissal was within the laws, it did not reflect the "spirit of the game".
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News By: Anmol Sharma
11:02 am Friday, 05 June 2026
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Annamalai officially quits BJP
BJP National President Nitin Nabin has accepted former Tamil Nadu BJP chief K Annamalai’s resignation from the party’s primary membership. This comes despite efforts within the party to persuade him to reconsider, reports said. Annamalai is scheduled to address his followers through social media at 12 pm today, amid speculation he will launch a new political outfit after exiting.
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News By: Anmol Sharma
11:01 am Friday, 05 June 2026
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BJP National President Nitin Nabin has accepted former Tamil Nadu BJP chief K Annamalai’s resignation from the party’s primary membership. This comes despite efforts within the party to persuade him to reconsider, reports said. Annamalai is scheduled to address his followers through social media at 12 pm today, amid speculation he will launch a new political outfit after exiting.
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News By: Anmol Sharma
11:01 am Friday, 05 June 2026
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Anthropic accepts Claude is moving towards AGI, says 'Humans risk losing control'
Anthropic revealed that it observed its Claude AI models moving towards artificial general intelligence (AGI) as they've begun helping to improve themselves. Giving an example, Anthropic said Claude has helped Anthropic engineers ship 8x as much code per quarter as they did from 2021-2025. "Full recursive self-improvement also might increase the risks of humans losing control over AI," it added.
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News By: Ashley Paul
11:26 am Friday, 05 June 2026
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Anthropic revealed that it observed its Claude AI models moving towards artificial general intelligence (AGI) as they've begun helping to improve themselves. Giving an example, Anthropic said Claude has helped Anthropic engineers ship 8x as much code per quarter as they did from 2021-2025. "Full recursive self-improvement also might increase the risks of humans losing control over AI," it added.
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News By: Ashley Paul
11:26 am Friday, 05 June 2026
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