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2 days ago SUMMARY Nvidia has reclaimed its position as the world's most valuable publicly traded company, surpassing Microsoft, driven by surging demand for its AI chips and robust financial performance. Market Milestone On June 3, 2025, Nvidia's stock rose approximately 3% to close at $141.40, elevating its market capitalization to $3.45 trillion. This edged past Microsoft's market cap of $3.44 trillion . Nvidia previously held the top spot briefly in January 2025 . AI-Driven...
2 days ago SUMMARY Former U.S. President Donald Trump's proposed "$5 million Gold Card" visa program aims to offer permanent U.S. residency to foreign nationals who invest $5 million, positioning it as a replacement for the existing EB-5 investor visa. This initiative is expected to appeal to wealthy Indian investors, offering benefits like immediate residency, flexible tax options, and no job creation requirements. However, legal experts caution that implementing such a program would require...
3 days ago
4 days ago SUMMARY Pakistan is confronting a significant threat to its kharif (summer) crop sowing season due to a sharp decline in water storage at its two primary dams—Mangla on the Jhelum River and Tarbela on the Indus River. This situation has been exacerbated by India's recent tightening of control over the Chenab River's water flow, following a terror attack in Pahalgam that was reportedly backed by Pakistan. Key Points Water Shortage: The Indus River System Authority (IRSA) of...
5 days ago
6 days ago SUMMARY India has officially overtaken Japan to become the world's fourth-largest economy, marking a significant milestone in its economic ascent. Key Highlights GDP Milestone: India's nominal GDP has reached approximately $4.187 trillion for the fiscal year 2025–26, slightly surpassing Japan's $4.186 trillion, according to IMF projections. Rapid Growth: In the January–March 2025 quarter, India's economy grew by 7.4% year-on-year, exceeding expectations and...
May 28 SUMMARY Net FDI means the difference of FDI received in India and the FDI sent from India. India's net Foreign Direct Investment (FDI) experienced a significant decline of 96.5% in the fiscal year 2024–25, dropping to just $353 million from $10 billion the previous year, marking the lowest level on record. India received a gross FDI of $81 billion in FY25. Key Reasons for the Decline Increased Repatriation and Outward Investments: While gross FDI inflows rose to $81.1 billion, up...
May 26
May 26 SUMMARY Elon Musk's political involvement, particularly his leadership of the Department of Government Efficiency (DOGE), has been linked to a significant decline in Tesla's brand reputation and sales, according to marketing professor Scott Galloway. Galloway described Musk's political alliances as "cosying up to the wrong people," leading to "one of the greatest brand destructions" ever. Galloway highlighted that Musk's alignment with political figures and increased political...
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