SKHY Stock Sees Price Target Hike From Wolfe On Memory Cash Flow Becoming ‘Difficult To Ignore’

Wolfe Research raised its SK Hynix price target to $250 from $200 and reiterated an ‘Outperform’ rating. Wolfe analyst Chris Caso said the firm’s updated models reflect “continued pricing improvement” across the memory sector. Wolfe expects memory demand to remain above supply through at least 2028, supporting further pricing strength. SK Hynix and Micron could … Read more

SC stays Allahabad HC order imposing ₹5L fine on Noida DM Roopam

The Supreme Court stayed the Allahabad High Court’s order that imposed a ₹5 lakh cost on Noida DM Medha Roopam over the NSA detention of student-activist Akriti Chaudhary. The court will examine the merits of the case before making a final decision. Supreme Court Stays High Court Order The Supreme Court on Wednesday stayed the … Read more

PM Modi chairs Chintan Shivir; ministers deliberate on Viksit Bharat

The first day of the Union Council of Ministers’ Chintan Shivir, chaired by PM Modi, concluded with a focus on Viksit Bharat@2047. Several ministries made presentations, and the PM emphasized public participation to achieve the goal. The first day of the Union Council of Ministers’ meeting, being held as part of the Chintan Shivir and … Read more

Political row erupts over ECs’ objections to CEC’s decisions

A report alleging two Election Commissioners objected to CEC Gyanesh Kumar’s decisions has sparked a political firestorm. Opposition leaders demand action, while the BJP defends the ECI’s internal deliberations as democratic. The ECI called it standard practice. A political row erupted on Wednesday after an Indian Express report claimed that two Election Commissioners had raised … Read more

McDonald’s CEO Says ‘Sticky’ Inflation Is The New Operating Reality — Doesn’t Expect Industry To See Robust Traffic Growth ‘All Of A Sudden’

In an interview with CNBC, Kempczinski said the company needs to be careful with pricing and not raise prices beyond what consumers are willing to pay. McDonald’s is pursuing market-share gains, tighter cost controls, and restaurant upgrades to adapt to a tough long-term operating environment. McDonald’s is targeting 1.5 percentage points of market-share gains in … Read more

Bitwise Says Institutions Treat Ethereum, Solana As Venture Bets They Will Sell If Adoption Stalls

A Bitwise report found Bitcoin is the only cryptocurrency on which significant institutions agree, with Ethereum and Solana considered lesser conditional bets. Some institutions said that they would exit Ethereum and Solana in the next few years if growing network use fails to push up token prices.  None of the institutions interviewed by Bitwise cut their … Read more

UNHRC session raises concerns over enforced disappearances in Pakistan

At the 63rd UNHRC session, speakers raised alarms over Pakistan’s human rights record, citing enforced disappearances in Balochistan and attacks against religious minorities, including the Jaranwala violence, urging a UN investigation. Concerns over the human rights situation in Pakistan, including alleged enforced disappearances in Balochistan and attacks against religious minorities, were raised during the 63rd … Read more

HP Governor lauds student Sarvesh Sharma for Rs 3.5-crore drone grant

HP Governor Kavinder Gupta felicitated Sarvesh Sharma, a polytechnic student from Hamirpur, for securing a Rs 3.5-crore grant from the Ministry of Defence. The grant will fund the development of the indigenous ‘Rudra Edge T-1’ drone for the Army. Himachal Pradesh Governor Kavinder Gupta on Wednesday felicitated Sarvesh Sharma, a student of Government Polytechnic, Hamirpur, … Read more

Ex-IIT-B officials defend prof in student death, allege conspiracy

Former IIT-Bombay officials defend Professor Suryanarayana Doola following a student’s suicide, alleging a politically motivated plot to ‘destabilise’ the institute and questioning the motives behind demands for the professor’s arrest. Former IIT-Bombay Board of Governors Chairman Sharad Kumar Saraf and IIT-Bombay alumnus Deepak Birewar F on Wednesday defended Professor Suryanarayana Doola amid demands for his … Read more