The Impact of Global Tensions and Falling Crude Prices on India’s Sensex Surge
On April 8, 2026, India’s stock markets experienced a remarkable surge, with the BSE Sensex climbing over 2,700 points, marking a 3.66% increase, and the Nifty rising by more than 3.4%. Investor wealth swelled by over Rs 14 lakh crore during the early trade, signaling a sharp recovery after a period of volatility. This rally was fueled by multiple factors, including easing global geopolitical tensions, softer crude prices, and an increase in investor confidence. The biggest trigge
The Impact of Global Tensions and Falling Crude Prices on India’s Sensex Surge
On April 8, 2026, India’s stock markets experienced a remarkable surge, with the BSE Sensex climbing over 2,700 points, marking a 3.66% increase, and the Nifty rising by more than 3.4%. Investor wealth swelled by over Rs 14 lakh crore during the early trade, signaling a sharp recovery after a period of volatility. This rally was fueled by multiple factors, including easing global geopolitical tensions, softer crude prices, and an increase in investor confidence. The biggest trigge
The Rameshwaram Cafe: World's Largest Restaurant Opens in Bengaluru with Grand Launch
Bengaluru is set to host The Rameshwaram Cafe, which is now officially the world’s largest restaurant. Spanning an incredible 90,000 square feet, this restaurant goes beyond serving food—it offers a divine dining experience. Located at Bommasandra Hosur Road, the café is designed to provide a serene and luxurious ambiance. With its massive scale, breathtaking architecture, lush gardens, and traditional music, it aims to be a place that indulges both the senses and the soul. This unique dining experience will soon become the pride of Bengaluru, offering something for every food lover. Grand Opening – 9th April 2024 at 6:00 PM (Invitees only) Complimentary Trials – 10th to 15th April 2024 from 6:00 PM to 12:00 AM Public Opening – 16th April 2024 at 5:00 AM (Open to all) 90,000 Square Feet of Dining Space Located at Bommasandra Hosur Road, Bengaluru Lush Gardens and Traditional Music for a complete experience World-Class South Indian Cuisine featuring both traditional and contemporary dishes Luxury Dining Experience with a serene and spiritual atmosphere A Destination for All: A must-visit spot for locals and tourists alike The Rameshwaram Cafe isn’t just about food; it’s a destination designed to elevate dining. The tranquil and spiritual ambiance coupled with live traditional music offers a unique atmosphere that makes each visit feel special. Whether you’re celebrating an occasion, meeting with friends, or just enjoying a peaceful meal, the café’s grand scale and design make it a place where you can immerse yourself in a soulful experience. In addition to its enormous size, the café promises exceptional food prepared with only the highest quality ingredients. From traditional South Indian dishes to new and creative takes on classic meals, The Rameshwaram Cafe offers a vast and varied menu that will appeal to all tastes. It’s not just about eating; it’s about enjoying an unforgettable sensory journey in the heart of Bengaluru.
The Rameshwaram Cafe: World's Largest Restaurant Opens in Bengaluru with Grand Launch
Bengaluru is set to host The Rameshwaram Cafe, which is now officially the world’s largest restaurant. Spanning an incredible 90,000 square feet, this restaurant goes beyond serving food—it offers a divine dining experience. Located at Bommasandra Hosur Road, the café is designed to provide a serene and luxurious ambiance. With its massive scale, breathtaking architecture, lush gardens, and traditional music, it aims to be a place that indulges both the senses and the soul. This unique dining experience will soon become the pride of Bengaluru, offering something for every food lover. Grand Opening – 9th April 2024 at 6:00 PM (Invitees only) Complimentary Trials – 10th to 15th April 2024 from 6:00 PM to 12:00 AM Public Opening – 16th April 2024 at 5:00 AM (Open to all) 90,000 Square Feet of Dining Space Located at Bommasandra Hosur Road, Bengaluru Lush Gardens and Traditional Music for a complete experience World-Class South Indian Cuisine featuring both traditional and contemporary dishes Luxury Dining Experience with a serene and spiritual atmosphere A Destination for All: A must-visit spot for locals and tourists alike The Rameshwaram Cafe isn’t just about food; it’s a destination designed to elevate dining. The tranquil and spiritual ambiance coupled with live traditional music offers a unique atmosphere that makes each visit feel special. Whether you’re celebrating an occasion, meeting with friends, or just enjoying a peaceful meal, the café’s grand scale and design make it a place where you can immerse yourself in a soulful experience. In addition to its enormous size, the café promises exceptional food prepared with only the highest quality ingredients. From traditional South Indian dishes to new and creative takes on classic meals, The Rameshwaram Cafe offers a vast and varied menu that will appeal to all tastes. It’s not just about eating; it’s about enjoying an unforgettable sensory journey in the heart of Bengaluru.
Elon Musk pushes SpaceX IPO banks to subscribe to Grok AI ahead of public listing
In a surprising development that has sparked debate across the tech and financial sectors, Elon Musk has reportedly asked banks involved in a potential SpaceX IPO to subscribe to Grok AI, the chatbot developed by his artificial intelligence venture xAI. The move is being seen as an unusual blending of financial negotiations with technology adoption, raising questions about influence, strategy, and ethics. According to reports, Musk has encouraged major financial institutions that are expected to play a role in SpaceX’s much-anticipated public offering to purchase subscriptions to Grok AI. Grok, integrated into the platform of X, is positioned as a competitor to other leading AI chatbots, aiming to provide real-time, conversational intelligence with a unique personality. By pushing Grok subscriptions, Musk appears to be leveraging his business relationships to expand the reach and adoption of his AI ecosystem. Industry analysts believe this strategy could serve multiple purposes. On one hand, it helps boost early enterprise adoption of Grok, potentially strengthening xAI’s valuation and credibility in the rapidly evolving artificial intelligence market. On the other hand, it may also create synergies between Musk’s ventures, aligning financial partners with his broader technological vision. Why this move is gaining attention The reported request has drawn scrutiny because it blurs the lines between separate business interests. While it is not uncommon for business leaders to promote their products, tying such expectations to high-stakes financial deals like an IPO is relatively rare. Experts suggest that this could raise concerns among regulators and investors, especially regarding fairness and transparency in financial negotiations. At the same time, some supporters argue that banks and institutions often adopt new technologies as part of strategic partnerships. If Grok AI proves to be a valuable tool for financial analysis, communication, or data processing, its adoption could be seen as a logical step rather than an obligation. Impact on SpaceX IPO and AI competition The potential SpaceX IPO is already one of the most anticipated events in global markets, given the company’s dominant position in private space exploration and satellite technology. Any additional layer of complexity, such as this reported push for AI subscriptions, could influence how investors and stakeholders perceive the deal. Meanwhile, the move highlights the intensifying competition in the AI space. With major players racing to capture market share, enterprise adoption is becoming a key battleground. By integrating Grok into financial institutions, Musk may be attempting to position xAI as a serious contender alongside other established AI platforms. As the story continues to unfold, it remains to be seen whether this strategy will accelerate Grok’s growth or invite regulatory attention. What is clear, however, is that Musk’s approach once again demonstrates his willingness to challenge conventional boundaries between industries, reshaping how technology and finance intersect in the modern era.
Elon Musk pushes SpaceX IPO banks to subscribe to Grok AI ahead of public listing
In a surprising development that has sparked debate across the tech and financial sectors, Elon Musk has reportedly asked banks involved in a potential SpaceX IPO to subscribe to Grok AI, the chatbot developed by his artificial intelligence venture xAI. The move is being seen as an unusual blending of financial negotiations with technology adoption, raising questions about influence, strategy, and ethics. According to reports, Musk has encouraged major financial institutions that are expected to play a role in SpaceX’s much-anticipated public offering to purchase subscriptions to Grok AI. Grok, integrated into the platform of X, is positioned as a competitor to other leading AI chatbots, aiming to provide real-time, conversational intelligence with a unique personality. By pushing Grok subscriptions, Musk appears to be leveraging his business relationships to expand the reach and adoption of his AI ecosystem. Industry analysts believe this strategy could serve multiple purposes. On one hand, it helps boost early enterprise adoption of Grok, potentially strengthening xAI’s valuation and credibility in the rapidly evolving artificial intelligence market. On the other hand, it may also create synergies between Musk’s ventures, aligning financial partners with his broader technological vision. Why this move is gaining attention The reported request has drawn scrutiny because it blurs the lines between separate business interests. While it is not uncommon for business leaders to promote their products, tying such expectations to high-stakes financial deals like an IPO is relatively rare. Experts suggest that this could raise concerns among regulators and investors, especially regarding fairness and transparency in financial negotiations. At the same time, some supporters argue that banks and institutions often adopt new technologies as part of strategic partnerships. If Grok AI proves to be a valuable tool for financial analysis, communication, or data processing, its adoption could be seen as a logical step rather than an obligation. Impact on SpaceX IPO and AI competition The potential SpaceX IPO is already one of the most anticipated events in global markets, given the company’s dominant position in private space exploration and satellite technology. Any additional layer of complexity, such as this reported push for AI subscriptions, could influence how investors and stakeholders perceive the deal. Meanwhile, the move highlights the intensifying competition in the AI space. With major players racing to capture market share, enterprise adoption is becoming a key battleground. By integrating Grok into financial institutions, Musk may be attempting to position xAI as a serious contender alongside other established AI platforms. As the story continues to unfold, it remains to be seen whether this strategy will accelerate Grok’s growth or invite regulatory attention. What is clear, however, is that Musk’s approach once again demonstrates his willingness to challenge conventional boundaries between industries, reshaping how technology and finance intersect in the modern era.
Lashkar Terror Operative Arrested Near Delhi, Ran Network From Bangladesh
A major breakthrough in India’s counter-terror operations has led to the arrest of Shabbir Ahmad Lone, a suspected operative of Lashkar-e-Taiba, near the Delhi border. The arrest was carried out by the Special Cell of
Lashkar Terror Operative Arrested Near Delhi, Ran Network From Bangladesh
A major breakthrough in India’s counter-terror operations has led to the arrest of Shabbir Ahmad Lone, a suspected operative of Lashkar-e-Taiba, near the Delhi border. The arrest was carried out by the Special Cell of
Tarique Rahman’s Genocide Day Message: A Shift in Bangladesh’s Foreign Policy
On March 25, 2026, Bangladesh Prime Minister Tarique Rahman marked Genocide Day with a powerful message that signaled a clear shift from the softer approach to Pakistan observed during the previous interim government under Muhammad Yunus. Rahman’s remarks were made on social media, describing March 25, 1971, as "one of the most disgraceful and brutal days" in the country's history, highlighting the atrocities carried out by Pakistani forces during Operation Searchlight. Rahman recounted how
Tarique Rahman’s Genocide Day Message: A Shift in Bangladesh’s Foreign Policy
On March 25, 2026, Bangladesh Prime Minister Tarique Rahman marked Genocide Day with a powerful message that signaled a clear shift from the softer approach to Pakistan observed during the previous interim government under Muhammad Yunus. Rahman’s remarks were made on social media, describing March 25, 1971, as "one of the most disgraceful and brutal days" in the country's history, highlighting the atrocities carried out by Pakistani forces during Operation Searchlight. Rahman recounted how
Iran Threatens to Strike Google, Microsoft, Nvidia Sites and Banks Amid Escalating Economic War
In the latest escalation of the regional conflict, Iran has issued a
Iran Threatens to Strike Google, Microsoft, Nvidia Sites and Banks Amid Escalating Economic War
In the latest escalation of the regional conflict, Iran has issued a
Hansika Motwani and Sohael Khaturiya End 4-Year Marriage with Mutual Divorce, No Alimony Involved
In a recent development, actor Hansika Motwani and businessman Sohael Khaturiya have officially ended their four-year marriage. The Bandra Family Court in Mumbai granted the couple a mutual divorce, marking the formal end of their relationship. The decision comes after Motwani approached the court seeking a separation by mutual consent, with no claims for alimony or streedhan, which is quite unusual in celebrity divorces. Represented by advocate Adnan Shaikh, Motwani revealed during
Hansika Motwani and Sohael Khaturiya End 4-Year Marriage with Mutual Divorce, No Alimony Involved
In a recent development, actor Hansika Motwani and businessman Sohael Khaturiya have officially ended their four-year marriage. The Bandra Family Court in Mumbai granted the couple a mutual divorce, marking the formal end of their relationship. The decision comes after Motwani approached the court seeking a separation by mutual consent, with no claims for alimony or streedhan, which is quite unusual in celebrity divorces. Represented by advocate Adnan Shaikh, Motwani revealed during
India Begins Supplying 5,000 Tonnes of Diesel to Bangladesh Amid Energy Crisis
In the midst of the ongoing US-Israel-Iran conflict, which has caused significant global energy strain, India has begun sending 5,000 tonnes of diesel to Bangladesh via the cross-border Friendship Pipeline. This move is part of an annual supply agreement in which India is committed to providing 180,000 tonnes of diesel to Bangladesh each year. The first consignment arrived on Tuesday, marking the beginning of a five-year plan to address Bangladesh's worsening fuel shortage. Banglade
India Begins Supplying 5,000 Tonnes of Diesel to Bangladesh Amid Energy Crisis
In the midst of the ongoing US-Israel-Iran conflict, which has caused significant global energy strain, India has begun sending 5,000 tonnes of diesel to Bangladesh via the cross-border Friendship Pipeline. This move is part of an annual supply agreement in which India is committed to providing 180,000 tonnes of diesel to Bangladesh each year. The first consignment arrived on Tuesday, marking the beginning of a five-year plan to address Bangladesh's worsening fuel shortage. Banglade
10 Weapons Banned or Restricted in Warfare Due to Humanitarian Concerns
War brings immense suffering, and some weapons cause such devastation that their use has been heavily restricted or banned under international law. One such weapon, white phosphorus, recently drew international condemnation when Israel was accused of using it in civilian areas of Lebanon. Like white phosphorus, several other weapons have been banned for their harmful impact on both combatants and civilians. Here are 10 weapons that are either restricted or outright banned due to the
10 Weapons Banned or Restricted in Warfare Due to Humanitarian Concerns
War brings immense suffering, and some weapons cause such devastation that their use has been heavily restricted or banned under international law. One such weapon, white phosphorus, recently drew international condemnation when Israel was accused of using it in civilian areas of Lebanon. Like white phosphorus, several other weapons have been banned for their harmful impact on both combatants and civilians. Here are 10 weapons that are either restricted or outright banned due to the
Karnataka to Ban Social Media Use for Children Under 16: CM Siddaramaiah's Bold Move
In a historic move, Karnataka’s Chief Minister Siddaramaiah announced a ban on social media use for children under the age of 16 during the state’s 2026–27 Budget presentation. This decision is driven by growing concerns about smartphone addiction, online safety risks, and excessive screen exposure, which have become major issues for young users. Karnataka is now the first state in India to take a definitive stance on regulating children’s access to social media, with other states lik
Karnataka to Ban Social Media Use for Children Under 16: CM Siddaramaiah's Bold Move
In a historic move, Karnataka’s Chief Minister Siddaramaiah announced a ban on social media use for children under the age of 16 during the state’s 2026–27 Budget presentation. This decision is driven by growing concerns about smartphone addiction, online safety risks, and excessive screen exposure, which have become major issues for young users. Karnataka is now the first state in India to take a definitive stance on regulating children’s access to social media, with other states lik
Bolivia plane crash scatters millions in banknotes near El Alto airport
Bolivian authorities are working urgently to recover and destroy millions of banknotes that were scattered across the city of El Alto after a deadly cargo plane crash near El Alto International Airport on Friday afternoon. The accident killed at least 22 people and left around 37 others injured, with many victims struck as the aircraft went down in a densely populated area close to the airport. The military cargo plane was transporting newly printed currency intended for the country’s cent
Bolivia plane crash scatters millions in banknotes near El Alto airport
Bolivian authorities are working urgently to recover and destroy millions of banknotes that were scattered across the city of El Alto after a deadly cargo plane crash near El Alto International Airport on Friday afternoon. The accident killed at least 22 people and left around 37 others injured, with many victims struck as the aircraft went down in a densely populated area close to the airport. The military cargo plane was transporting newly printed currency intended for the country’s cent
Jamaat Chief Slams Bangladesh President, Reveals Yunus-Islamists Nexus Amid Backlash
In a surprising turn of events, Bangladesh Jamaat-e-Islami Ameer Shafiqur Rahman has launched a sharp attack on President Mohammed Shahabuddin, following his public criticism of the Muhammad Yunus-led interim regime. Rahman’s comments, which came shortly after Shahabuddin revealed his experiences under the Yunus administration, inadvertently exposed a deeper connection between Bangladesh’s Islamist groups and the interim regime, hinting at a tacit alliance that has shaped the country's po
Jamaat Chief Slams Bangladesh President, Reveals Yunus-Islamists Nexus Amid Backlash
In a surprising turn of events, Bangladesh Jamaat-e-Islami Ameer Shafiqur Rahman has launched a sharp attack on President Mohammed Shahabuddin, following his public criticism of the Muhammad Yunus-led interim regime. Rahman’s comments, which came shortly after Shahabuddin revealed his experiences under the Yunus administration, inadvertently exposed a deeper connection between Bangladesh’s Islamist groups and the interim regime, hinting at a tacit alliance that has shaped the country's po
Nikkei 225 hits record high on Takaichi trade as Asia markets advance
Japan’s benchmark Nikkei 225 climbed to another record high on Thursday, extending its streak of gains as investor enthusiasm around the so-called Takaichi trade continued to fuel buying in domestic equities. The index rose 1.1 percent to close at an all-time high of 59,199.31, marking its third consecutive session of record finishes. The broader Topix index also advanced 1.45 percent, reaching a fresh peak as market sentiment remained buoyant. The rally in Japan stocks has been c
Nikkei 225 hits record high on Takaichi trade as Asia markets advance
Japan’s benchmark Nikkei 225 climbed to another record high on Thursday, extending its streak of gains as investor enthusiasm around the so-called Takaichi trade continued to fuel buying in domestic equities. The index rose 1.1 percent to close at an all-time high of 59,199.31, marking its third consecutive session of record finishes. The broader Topix index also advanced 1.45 percent, reaching a fresh peak as market sentiment remained buoyant. The rally in Japan stocks has been c
RBI and Nirmala Sitharaman Target Mis-selling in Banking Sector with New Guidelines
India’s financial sector has been grappling with the persistent issue of mis-selling, especially in the realm of banking and insurance products. In a recent statement, Finance Minister Nirmala Sitharaman addressed the ongoing concern, declaring that banks cannot treat mis-selling as a routine part of their business. She went as far as to say that mis-selling is an "offence," sending a clear message to financial institutions that such practices will not be tolerated. Her remarks came at a pr
RBI and Nirmala Sitharaman Target Mis-selling in Banking Sector with New Guidelines
India’s financial sector has been grappling with the persistent issue of mis-selling, especially in the realm of banking and insurance products. In a recent statement, Finance Minister Nirmala Sitharaman addressed the ongoing concern, declaring that banks cannot treat mis-selling as a routine part of their business. She went as far as to say that mis-selling is an "offence," sending a clear message to financial institutions that such practices will not be tolerated. Her remarks came at a pr
FBI warns of sharp rise in ATM jackpotting attacks across US
The Federal Bureau of Investigation has issued a nationwide alert to banks and financial institutions, warning of a significant rise in ATM jackpotting attacks, a form of cyber-enabled theft that forces machines to dispense cash without legitimate transactions. Authorities say the trend is accelerating, with financial losses mounting as criminal groups refine their techniques and expand operations across the United States. According to federal officials, nearly 1,900 ATM jackpotting incidents have been reported nationwide since 2020. More than 700 of those cases occurred in 2025 alone, resulting in losses exceeding $20 million. The sharp increase has prompted urgent calls for banks to strengthen ATM security controls, monitor suspicious activity more closely, and share threat intelligence with law enforcement. At the center of the surge is malware from the Ploutus family, a tool specifically designed to hijack ATM systems. Rather than targeting individual customer accounts, the malware attacks the machine’s internal software layer. It exploits the Extensions for Financial Services, or XFS, which normally manages how ATMs physically dispense cash. By injecting unauthorized commands into this layer, attackers can override standard authorization checks and trigger withdrawals without bank approval, card use, or customer credentials. Security analysts warn that once installed, the malware can give criminals direct control of the machine. Because many ATMs operate on widely used operating systems, the attack can often be adapted across different manufacturers with minimal modification. In many cases, cash-out operations can be completed within minutes, allowing perpetrators to leave before alerts are triggered or the machine runs empty. Investigators emphasize that physical access remains the most common entry point for these attacks. Criminals frequently use generic keys to open ATM cabinets and then deploy malware using one of two primary methods. In some incidents, the machine’s hard drive is removed, infected on a separate computer, and reinstalled. In others, the original drive is replaced entirely with a compromised device preloaded with malicious software. Because the malware operates independently of standard banking communications, it can dispense cash without interacting with customer accounts or triggering traditional fraud detection systems. Officials have outlined several warning signs that may indicate a compromised ATM, including unexpected door alerts outside maintenance windows, sudden low-cash notifications, unauthorized devices connected to the machine, missing or tampered hard drives, and machines abruptly marked out of service. Financial institutions are being urged to review physical security protocols, enhance monitoring of service patterns, and report suspicious activity promptly as part of a broader effort to contain the growing ATM cyberattack threat.
FBI warns of sharp rise in ATM jackpotting attacks across US
The Federal Bureau of Investigation has issued a nationwide alert to banks and financial institutions, warning of a significant rise in ATM jackpotting attacks, a form of cyber-enabled theft that forces machines to dispense cash without legitimate transactions. Authorities say the trend is accelerating, with financial losses mounting as criminal groups refine their techniques and expand operations across the United States. According to federal officials, nearly 1,900 ATM jackpotting incidents have been reported nationwide since 2020. More than 700 of those cases occurred in 2025 alone, resulting in losses exceeding $20 million. The sharp increase has prompted urgent calls for banks to strengthen ATM security controls, monitor suspicious activity more closely, and share threat intelligence with law enforcement. At the center of the surge is malware from the Ploutus family, a tool specifically designed to hijack ATM systems. Rather than targeting individual customer accounts, the malware attacks the machine’s internal software layer. It exploits the Extensions for Financial Services, or XFS, which normally manages how ATMs physically dispense cash. By injecting unauthorized commands into this layer, attackers can override standard authorization checks and trigger withdrawals without bank approval, card use, or customer credentials. Security analysts warn that once installed, the malware can give criminals direct control of the machine. Because many ATMs operate on widely used operating systems, the attack can often be adapted across different manufacturers with minimal modification. In many cases, cash-out operations can be completed within minutes, allowing perpetrators to leave before alerts are triggered or the machine runs empty. Investigators emphasize that physical access remains the most common entry point for these attacks. Criminals frequently use generic keys to open ATM cabinets and then deploy malware using one of two primary methods. In some incidents, the machine’s hard drive is removed, infected on a separate computer, and reinstalled. In others, the original drive is replaced entirely with a compromised device preloaded with malicious software. Because the malware operates independently of standard banking communications, it can dispense cash without interacting with customer accounts or triggering traditional fraud detection systems. Officials have outlined several warning signs that may indicate a compromised ATM, including unexpected door alerts outside maintenance windows, sudden low-cash notifications, unauthorized devices connected to the machine, missing or tampered hard drives, and machines abruptly marked out of service. Financial institutions are being urged to review physical security protocols, enhance monitoring of service patterns, and report suspicious activity promptly as part of a broader effort to contain the growing ATM cyberattack threat.
Bangladesh Moves To Restore Cricket Ties With India After T20 World Cup Dispute
Bangladesh has signaled a major shift in its cricket diplomacy, expressing its willingness to repair strained cricket relations with India following the fallout over the ICC Men’s T20 World Cup 2026. The move comes shortly after the new Bangladesh Nationalist Party government took office, with newly appointed Youth and Sports Minister Aminul Haque emphasizing the importance of restoring friendly relations through dialogue and cooperation. His remarks have raised hopes among cricket fans and
Bangladesh Moves To Restore Cricket Ties With India After T20 World Cup Dispute
Bangladesh has signaled a major shift in its cricket diplomacy, expressing its willingness to repair strained cricket relations with India following the fallout over the ICC Men’s T20 World Cup 2026. The move comes shortly after the new Bangladesh Nationalist Party government took office, with newly appointed Youth and Sports Minister Aminul Haque emphasizing the importance of restoring friendly relations through dialogue and cooperation. His remarks have raised hopes among cricket fans and
Myanmar earthquake of 5.9 magnitude sends tremors across Kolkata and Bangladesh
A moderate earthquake measuring 5.9 on the Richter scale struck Myanmar late Tuesday evening, sending noticeable tremors across parts of eastern India and neighbouring Bangladesh. The seismic activity, recorded by international monitoring agencies, caused brief panic among residents but did not result in any immediate reports of damage or injuries. According to data released by the European-Mediterranean Seismological Centre (EMSC), the epicentre of the Myanmar quake was located approximately 70 miles east of Akyab. The German Research Centre for Geosciences (GFZ) reported that the earthquake occurred at a shallow depth of 10 kilometres, a factor that often increases the intensity of shaking felt at the surface. The tremors were strong enough to be experienced in several areas of West Bengal, including Kolkata, as well as multiple regions across Bangladesh. Residents living in high-rise buildings and office complexes in Kolkata said they felt buildings sway for a few seconds shortly after 9 pm. Many people temporarily evacuated their homes and workplaces as a precaution. The shaking subsided quickly, and normalcy returned soon after. Authorities confirmed that no structural damage or casualties had been reported at the time of writing. Seismologists noted that this was the third felt earthquake in Myanmar within the past 71 hours, highlighting a period of heightened seismic activity in the region. Experts continue to monitor the situation for possible aftershocks, though no significant follow-up events have been recorded so far. Bangladesh also experienced another tremor earlier the same day. The National Centre for Seismology stated that a separate earthquake of magnitude 4.1 struck the country at a depth of about 150 kilometres. While deeper earthquakes generally produce less surface impact, residents in some districts still reported mild shaking. Scientists explain that earthquakes occur frequently around the globe, with minor seismic events happening roughly every 30 seconds. Most are too weak to be detected without instruments. However, the energy released increases sharply with each step on the logarithmic Richter scale, meaning a 5.9 magnitude quake releases substantially more energy than lower-intensity events. Officials have advised residents to remain alert and follow basic safety protocols during any future tremors. Disaster management teams continue to assess the situation while reassuring the public that there is currently no cause for alarm.
Myanmar earthquake of 5.9 magnitude sends tremors across Kolkata and Bangladesh
A moderate earthquake measuring 5.9 on the Richter scale struck Myanmar late Tuesday evening, sending noticeable tremors across parts of eastern India and neighbouring Bangladesh. The seismic activity, recorded by international monitoring agencies, caused brief panic among residents but did not result in any immediate reports of damage or injuries. According to data released by the European-Mediterranean Seismological Centre (EMSC), the epicentre of the Myanmar quake was located approximately 70 miles east of Akyab. The German Research Centre for Geosciences (GFZ) reported that the earthquake occurred at a shallow depth of 10 kilometres, a factor that often increases the intensity of shaking felt at the surface. The tremors were strong enough to be experienced in several areas of West Bengal, including Kolkata, as well as multiple regions across Bangladesh. Residents living in high-rise buildings and office complexes in Kolkata said they felt buildings sway for a few seconds shortly after 9 pm. Many people temporarily evacuated their homes and workplaces as a precaution. The shaking subsided quickly, and normalcy returned soon after. Authorities confirmed that no structural damage or casualties had been reported at the time of writing. Seismologists noted that this was the third felt earthquake in Myanmar within the past 71 hours, highlighting a period of heightened seismic activity in the region. Experts continue to monitor the situation for possible aftershocks, though no significant follow-up events have been recorded so far. Bangladesh also experienced another tremor earlier the same day. The National Centre for Seismology stated that a separate earthquake of magnitude 4.1 struck the country at a depth of about 150 kilometres. While deeper earthquakes generally produce less surface impact, residents in some districts still reported mild shaking. Scientists explain that earthquakes occur frequently around the globe, with minor seismic events happening roughly every 30 seconds. Most are too weak to be detected without instruments. However, the energy released increases sharply with each step on the logarithmic Richter scale, meaning a 5.9 magnitude quake releases substantially more energy than lower-intensity events. Officials have advised residents to remain alert and follow basic safety protocols during any future tremors. Disaster management teams continue to assess the situation while reassuring the public that there is currently no cause for alarm.
Sheikh Hasina Jailed For 10 Years In Bangladesh Land Allocation Corruption Cases
Bangladesh’s political turmoil deepened further on Monday as a Dhaka court sentenced deposed Prime Minister Sheikh Hasina to 10 years of rigorous imprisonment in two corruption cases related to alleged irregularities in government land allocations. The verdict, delivered by Dhaka’s Special Judge’s Court, marks another major legal setback for the former leader, who has been facing a barrage of cases since her removal from power in 2024. The cases revolve around the Rajuk New Town Project
Sheikh Hasina Jailed For 10 Years In Bangladesh Land Allocation Corruption Cases
Bangladesh’s political turmoil deepened further on Monday as a Dhaka court sentenced deposed Prime Minister Sheikh Hasina to 10 years of rigorous imprisonment in two corruption cases related to alleged irregularities in government land allocations. The verdict, delivered by Dhaka’s Special Judge’s Court, marks another major legal setback for the former leader, who has been facing a barrage of cases since her removal from power in 2024. The cases revolve around the Rajuk New Town Project
China seeks stronger yuan as Xi Jinping outlines push for global reserve currency
Amid continuing global economic uncertainty and renewed debate over the stability of major reserve currencies, Chinese President Xi Jinping has reiterated China’s ambition to build a “strong currency” and gradually elevate the yuan’s status in the global financial system. Xi said China aims to expand the use of the yuan in international trade, investment, and foreign exchange markets, underscoring a long-standing policy goal to strengthen the country’s financial influence worldwide. Xi’s remarks were outlined in a speech delivered in 2024 to senior provincial and ministerial officials and later published on Saturday in Qiushi, the Communist Party’s leading theoretical journal. The publication of excerpts from the address comes at a time of heightened volatility in global markets and growing scrutiny of the dominance of the US dollar, adding significance to Beijing’s renewed emphasis on currency strength and financial resilience. In the speech, Xi set out what he described as the essential characteristics of a global financial powerhouse. These included a solid economic foundation, world-leading technological and industrial capabilities, and a widely accepted and credible currency. He argued that currency strength was inseparable from broader national competitiveness and institutional capacity, noting that financial influence must be supported by real economic and technological power rather than short-term market movements. Xi also stressed the importance of a capable and independent central bank able to implement effective monetary policy and macroprudential management. He said globally competitive financial institutions, along with influential international financial centres, were necessary to attract global capital and exert pricing power in international markets. According to Xi, these elements must be matched with strong regulation, a reliable legal framework, and a deep pool of skilled financial professionals to ensure long-term stability and credibility. While acknowledging China’s scale in global finance, Xi noted that the country still faced structural limitations. He said China ranked among the world’s largest economies in terms of banking assets, foreign exchange reserves, and capital market size, but remained “big but not strong” overall. Transforming China into a true global financial powerhouse, he added, would be a gradual and long-term undertaking rather than an immediate achievement. Beijing has promoted the internationalisation of the yuan for more than a decade, with measurable progress in its use for cross-border trade settlement. The currency’s role in global markets, however, remains limited when compared with established reserve currencies. China’s Cross-Border Interbank Payment System currently clears an average of about 700 billion yuan, or roughly 100 billion US dollars, in transactions each day. This figure remains well below the nearly 2 trillion US dollars cleared daily through the dollar-based Clearing House Interbank Payments System. Yuan-denominated debt issuance in international markets also accounts for a small share of global activity, representing less than one percent of total issuance. These figures highlight the gap between China’s ambitions and the yuan’s current global footprint, despite steady domestic financial expansion. In recent months, the yuan has generally held firm against the US dollar, even amid trade tensions and uneven global growth. This stability contrasts with the sharper depreciation seen during former US President Donald Trump’s first term, when market observers speculated that Chinese authorities tolerated a weaker currency to offset the impact of tariffs. International investment banks continue to argue that the yuan remains below its long-term fair value, reflecting both policy controls and cautious foreign investor sentiment. The republication of Xi’s speech signals continuity in China’s financial strategy rather than a sudden shift. As global markets navigate uncertainty and reassess existing monetary structures, Beijing appears intent on steadily advancing its vision of a stronger yuan and a more influential role in the international financial system over the long term.
China seeks stronger yuan as Xi Jinping outlines push for global reserve currency
Amid continuing global economic uncertainty and renewed debate over the stability of major reserve currencies, Chinese President Xi Jinping has reiterated China’s ambition to build a “strong currency” and gradually elevate the yuan’s status in the global financial system. Xi said China aims to expand the use of the yuan in international trade, investment, and foreign exchange markets, underscoring a long-standing policy goal to strengthen the country’s financial influence worldwide. Xi’s remarks were outlined in a speech delivered in 2024 to senior provincial and ministerial officials and later published on Saturday in Qiushi, the Communist Party’s leading theoretical journal. The publication of excerpts from the address comes at a time of heightened volatility in global markets and growing scrutiny of the dominance of the US dollar, adding significance to Beijing’s renewed emphasis on currency strength and financial resilience. In the speech, Xi set out what he described as the essential characteristics of a global financial powerhouse. These included a solid economic foundation, world-leading technological and industrial capabilities, and a widely accepted and credible currency. He argued that currency strength was inseparable from broader national competitiveness and institutional capacity, noting that financial influence must be supported by real economic and technological power rather than short-term market movements. Xi also stressed the importance of a capable and independent central bank able to implement effective monetary policy and macroprudential management. He said globally competitive financial institutions, along with influential international financial centres, were necessary to attract global capital and exert pricing power in international markets. According to Xi, these elements must be matched with strong regulation, a reliable legal framework, and a deep pool of skilled financial professionals to ensure long-term stability and credibility. While acknowledging China’s scale in global finance, Xi noted that the country still faced structural limitations. He said China ranked among the world’s largest economies in terms of banking assets, foreign exchange reserves, and capital market size, but remained “big but not strong” overall. Transforming China into a true global financial powerhouse, he added, would be a gradual and long-term undertaking rather than an immediate achievement. Beijing has promoted the internationalisation of the yuan for more than a decade, with measurable progress in its use for cross-border trade settlement. The currency’s role in global markets, however, remains limited when compared with established reserve currencies. China’s Cross-Border Interbank Payment System currently clears an average of about 700 billion yuan, or roughly 100 billion US dollars, in transactions each day. This figure remains well below the nearly 2 trillion US dollars cleared daily through the dollar-based Clearing House Interbank Payments System. Yuan-denominated debt issuance in international markets also accounts for a small share of global activity, representing less than one percent of total issuance. These figures highlight the gap between China’s ambitions and the yuan’s current global footprint, despite steady domestic financial expansion. In recent months, the yuan has generally held firm against the US dollar, even amid trade tensions and uneven global growth. This stability contrasts with the sharper depreciation seen during former US President Donald Trump’s first term, when market observers speculated that Chinese authorities tolerated a weaker currency to offset the impact of tariffs. International investment banks continue to argue that the yuan remains below its long-term fair value, reflecting both policy controls and cautious foreign investor sentiment. The republication of Xi’s speech signals continuity in China’s financial strategy rather than a sudden shift. As global markets navigate uncertainty and reassess existing monetary structures, Beijing appears intent on steadily advancing its vision of a stronger yuan and a more influential role in the international financial system over the long term.
Seven dead after private jet crashes during takeoff at Bangor airport amid snowstorm
Seven people were killed and one crew member was critically injured after a private business jet crashed during takeoff at Bangor International Airport in Maine on Sunday evening, as a large winter storm swept across New England and much of the United States. Federal aviation authorities confirmed the fatalities and said the sole survivor was transported for emergency medical treatment with serious injuries. The aircraft, a Bombardier Challenger 600, was carrying eight people when i
Seven dead after private jet crashes during takeoff at Bangor airport amid snowstorm
Seven people were killed and one crew member was critically injured after a private business jet crashed during takeoff at Bangor International Airport in Maine on Sunday evening, as a large winter storm swept across New England and much of the United States. Federal aviation authorities confirmed the fatalities and said the sole survivor was transported for emergency medical treatment with serious injuries. The aircraft, a Bombardier Challenger 600, was carrying eight people when i









