In response to the New Orleans terror attack during New Year's celebrations, President Joe Biden vowed to relentlessly pursue ISIS and other terrorist groups. The attacker, who showed support for ISIS in videos, killed 15 people and injured 35. The FBI confirmed no other involvement, and connections with a subsequent incident in Las Vegas are still under investigation.
India struggled early against Australia with the loss of openers KL Rahul and Yashasvi Jaiswal. Virat Kohli survived a controversial catch claim by Steve Smith. Third umpire ruled Kohli not out. Former players Justin Langer and Ricky Ponting believed Smith had his fingers under the ball. Kohli then continued his innings.
Jack Danaher Molloy, a Pennsylvania man and dual citizen of the U.S. and Ireland, was indicted for attempting to support Hezbollah and lying to the FBI. Molloy traveled to Lebanon and Syria in 2024 to join Hezbollah. He was arrested in Chicago and faces up to 20 years in prison for the charges.
Gold prices rose 0.1% on Friday, following a 1% gain the previous day. The boost comes from safe-haven demand amid geopolitical tensions and U.S. economic data. Bullion surged over 27% in 2024. Investors await key U.S. job data and Fed-related updates next week for further market direction. Silver and platinum also experienced weekly ups.
A terror attack in New Orleans left 14 dead and 30 injured. Streets reopened after investigation. Locals placed memorials and mourned, but life started to return to normal. Security presence increased. The attack was carried out by a US Army veteran. The city aims to recover quickly and continue daily activities.
Wall Street closed lower on Thursday amidst volatility, driven by strong labor market data, a rising dollar, and a significant drop in Tesla shares. The S&P 500 and Nasdaq experienced their longest losing streaks since mid-April. Tesla's shares fell 6.1% due to decreased deliveries. Energy shares rose, buoyed by higher crude prices.
An earthquake of magnitude 6.2 struck near Calama in Chile on Thursday evening (local time), according to the European-Mediterranean Seismological Centre (EMSC)
In a recent development, it has been known that a pretty famous historian sided with the MAGA supporters while predicting eventual trouble for US President- elect Donald Trump as a result of his newly developed friendship with Tesla CEO Elon Musk but having some significant reasons.
Former British deputy prime minister Nick Clegg said Thursday he is stepping down from his role as president of Meta's global affairs and will be replaced by Republican stalwart Joel Kaplan. Clegg ceding his job to Kaplan, who served as deputy chief of staff for policy under then-president George W. Bush from 2006-2009, comes as Republican Donald Trump is set to return to the White House.
A U.S. appeals court has ruled that the FCC cannot reinstate net neutrality rules. This is seen as a setback for President Biden's administration. The court's decision affects the FCC's regulatory power over the internet. Industry groups welcomed the ruling, citing benefits for investment and innovation. Congress is now urged to address net neutrality.
Happy New Year! Welcome to the first edition of ETtech Morning Dispatch in 2025. Kabeer Biswas, Dunzo's cofounder & CEO, is in talks to exit his company. This and more in today’s newsletter.
Union Minister Sukanta Majumdar criticized West Bengal CM Mamata Banerjee for her claims that the BSF was facilitating infiltrators from Bangladesh. He accused her of using infiltrators as her vote bank. Mamata Banerjee asserted that BSF was allowing people to cross the border and blamed the central government for its involvement.
A gray wolf in Colorado, part of the reintroduced Copper Creek Pack, was illegally shot and later died from the injury, sparking controversy. The pack had been relocated after preying on livestock. The wolf, found emaciated with a gunshot wound, highlights tensions between urban supporters and rural opponents of the reintroduction initiative. An investigation is ongoing.
Delhi LG's office accused AAP of approving the demolition of nine temples last year, countering CM Atishi’s claim of recent orders to demolish six religious structures. Documents also show the Kejriwal government approved demolitions from 2016 to 2023. AAP alleged LG Saxena ordered demolitions through a centrally controlled Religious Committee, intensifying political tensions before upcoming elections.
Shares in Australia and South Korea edged higher, as did US equity futures, after the S&P 500 and Nasdaq 100 both fell on Thursday. Equity trading in Japan is closed for a holiday.
Nearly 200 absentee ballots in Wisconsin's capital went uncounted after the November 5 election. State election officials are investigating if city clerk Maribeth Wetzel-Biehl broke the law. This follows an earlier error where up to 2,000 duplicate absentee ballots were sent. The outcome of races or referendums was not affected.
A highly decorated U.S. Army soldier shot himself before a Tesla Cybertruck exploded outside Trump's Las Vegas hotel. The explosion mostly damaged the truck's interior. The soldier, identified as Matthew Livelsberger, had rented the vehicle and was alone. Authorities found fireworks, firearms, and IDs inside the truck. Seven people sustained minor injuries.
Recent reports revealed that the former adviser of Donald Trump named Steve Bannon have actually told Tesla CEO Elon Musk to study the modern political history well while he should actually stop lecturing people in between the ongoing H1-B visa debate.
Analysts expect the gradual uptick to continue in the market over the next few days, alongside a close watch on Q3 earnings and the global cues as foreign markets reopen after year-end holidays.
Both gauges, which logged their steepest daily upsides since November 22, have gained 2.3% in the first two trading sessions of 2025. In December, the two tumbled 2.6% each.
Avenue Supermarts, which operates retail chain DMart on Thursday reported a 17% year-on-year jump in its stanalone revenue for the quarter ended December 2024.
AI Research Analytics and Knowledge Dissemination Platform, is India's largest and fastest AI supercomputer. “We’re also in the process of bringing more than 10,000 GPUs as and when it comes up. Even that can be made available based on the eligibility criteria and certain other conditions that need to be fulfilled so that you can get access to the compute,” Kavita Bhatia, COO of IndiaAI mission under the ministry of electronics and IT (Meity), told potential participants on Thursday.
2025 is expected to be a crucial year for the edtech sector. Companies are focusing on sustainable practices and delivering tangible results. Investors are showing renewed interest, and some edtech firms are planning to go public. AI is driving personalised learning and adaptive assessments which startups believe will further advance the industry.
B2B companies like MyTVS and Roca India are adopting quick commerce models to improve supply chains, offering faster delivery times and efficient service. MyTVS plans to set up 250 stores for on-demand orders, while Roca India integrates a prompt service network for customer care, enhancing B2B operations.
Customer onboarding for stockbrokers has been halted due to an outage of Digilocker, a key platform for digital document verification since January 1. The disruption is linked to service issues at the National Informatics Centre. Fintech firms reliant on digital KYC mechanisms are significantly affected, with no clear resolution timeline.
