Uday Kotak calls for solution to India’s high gold imports problem

Uday Kotak flagged India’s high gold imports, which could hit $90 billion by FY27, and proposed a committee to find a solution. He said household gold is unproductive and urged fiscal consolidation and faster reforms amid global uncertainty. Tackling India’s Gold Import ‘Puzzle’ Veteran banker and Kotak Mahindra Bank founder Uday Kotak on Friday called … Read more

California Governor Gavin Newsom Moves To Push Independent Oversight — State Explores ‘Kill Switch’ For Frontier Models

The order accelerates California’s independent AI audit framework while asking experts to assess tougher safeguards for large frontier model developers. California wants recommendations by Nov. 16 on AI “kill switches,” on-site auditors and expanded incident reporting. The state is accelerating implementation of its independent-verifier and AI-auditor frameworks. The executive order follows a series of recent … Read more

Delhi CM Rekha Gupta inaugurates Heritage Clubs in 75 CM-Shri schools

Delhi CM Rekha Gupta inaugurated Heritage Clubs in 75 CM-Shri schools to connect students with the city’s heritage. The initiative will use activities like heritage walks and museum visits to help students experience history beyond textbooks. Delhi Chief Minister Rekha Gupta on Friday inaugurated the establishment of Heritage Clubs in 75 CM-Shri government schools. The … Read more

Rahul Gandhi questions Amit Shah over Delhi minor’s gang rape, murder

Rahul Gandhi questioned the Centre over a minor’s gang rape and murder in Delhi, seeking accountability from Home Minister Amit Shah. This followed the Delhi Police’s arrest of four individuals, including three juveniles, in the Swaroop Nagar case. The Leader of the Opposition in the Lok Sabha and Congress leader Rahul Gandhi on Friday questioned … Read more

“Had No Idea”: Former NRI Says Moving Near Kids School Didn’t Solve Bengaluru Traffic, Sparks Debate

A former NRI who moved back to Bengaluru from Sweden says choosing a home near his children’s school did not solve the city’s traffic woes. His post about Varthur traffic and long commutes sparked reactions online. Bengaluru’s traffic woes continue to frustrate residents, with lengthy daily commutes becoming a concern even for families who have … Read more

On Holding’s Kylian Mbappé Deal Splits Analysts — Why Wall Street Has Different Takes On ONON

Jefferies sees higher spending and limited growth upside, while Evercore ISI views On Holding’s soccer push as a potential catalyst. Jefferies kept an Underperform rating and $20 price target, implying nearly 27% downside from Thursday’s close. Evercore ISI has an Outperform rating and $40 price target, implying 46% upside. Stocktwits retail sentiment jumped to ‘extremely … Read more

Regional insecurity threatens Saudi’s Vision 2030, says HR McMaster

Former US NSA HR McMaster says regional insecurity, including attacks from Iran, poses a severe threat to Saudi Arabia’s Vision 2030. He notes Riyadh’s doubts about US security guarantees and Tehran’s efforts to divide Gulf states. Former US National Security Advisor Lt Gen (Retd) HR McMaster on Friday outlined the severe security challenges confronting Saudi … Read more