In an effort to secure their rights to their intellectual property, the Board of Control for Cricket in India (BCCI) has announced a new copyright agreement that will be in effect until 2025. This move ensures that BCCI maintains its exclusive right to reproduce, broadcast, and use any of its content, including images and videos, for commercial purposes. With the deal also covering the use of BCCI's logos and trademarks, it gives the governing body a tighter grip over its assets and sets a precedent for other sports organizations to follow suit.
Vodafone Idea's share price saw a significant increase of 14% after the Supreme Court provided further clarity on the AGR dues issue. The court clarified that the government can consider providing relief for both additional and reassessed AGR dues, giving some respite to the struggling telecom operator. At the time of writing, Vodafone Idea's share price was trading at Rs 9.51, with a gain of 8.93%. This comes after the court's previous hearing which did not provide a clear ruling on whether the relief applies to only Vodafone Idea's plea or the entire pending AGR amount of nearly Rs 80,000 crore.
After failing to meet Apple's internal sales expectations, the ultra-thin iPhone Air is facing a significant production cut of 80%. The initial prediction of reducing production by one million units has now been deemed insufficient, highlighting deeper concerns about the device's market performance. This setback raises questions about the competitive landscape of high-end smartphones and hints at Apple's next possible move towards a foldable iPhone.
The Social Security Administration recently released updates for 2026, including a potential 2.7% increase to benefits. However, the official announcement of the cost-of-living adjustment (COLA) could be delayed due to the government shutdown. While an increased COLA is positive for beneficiaries, some argue that it still may not keep up with the rising cost of living. Additionally, beneficiaries who currently receive physical paper checks will need to make arrangements for direct deposit or a Direct Express card to continue receiving their benefits.
The Indian government has given its approval for the formation of the 8th Central Pay Commission, which will be tasked with assessing and making recommendations around pay, benefits, and working conditions for over 1.2 crore central government employees and pensioners. The Commission, which will have a chairperson, a part-time member, and a member-secretary, will have 18 months to complete its work and will also look at emolument structures and conditions in the private sector and CPSUs. The recommendations are expected to be implemented from January 1, 2026.
Prime Minister Narendra Modi launched the Gyan Bharatam Portal, dedicated to preserving and promoting India’s vast and unique manuscript heritage. Speaking at the Gyan Bharatam International Conference, PM Modi emphasized the importance of preserving India’s knowledge legacy and adapting to changing times. He also highlighted how the ancient manuscripts reflect India’s diverse cultural heritage and contribute to humanity’s progress in various fields.
The Bharat International Rice Conference (BIRC) 2025, organized in New Delhi, has gathered delegates from over 80 nations, aiming to boost India's rice export share from 40% to 60%. IREF National President Prem Garg highlighted the need for increased export to benefit Indian farmers and declared the rice industry to be self-sufficient. The event, with participation from farmers, diplomats, and exporters, also emphasizes on banning pesticides and government support with ports and logistics to further boost the industry.
Prime Minister Narendra Modi's announcement, coinciding with the 150th birth anniversary of Sardar Vallabhbhai Patel, to showcase only indigenous Indian dog breeds at the upcoming National Unity Day Parade highlights the country's reliance on self-sustained K9 forces. The Ekta Diwas Samaroh celebrated India's diversity and unity, while PM Modi emphasized the significant role of indigenous dog breeds in Indian military and cultural traditions. With the current population of 150 Indian breeds deployed in strategic areas, the initiative, which gained momentum after PM Modi's visit to the BSF National Dog Training Centre in 2018, showcases the agility, stamina, and adaptability of these breeds in diverse terrains and climates.
A young Australian expressed their difficulty in managing their finances and confessed to spending a whopping $994 on eating out in a month. Seeking advice from Reddit users, they revealed a pricey morning routine that contributed to their high expenses. Despite also spending on family meals, the important takeaway is that they acknowledged the need for budgeting and were open to learning from others' financial wisdom.
Nvidia, the Silicon Valley titan, has broken yet another market record by becoming the first company to reach a staggering $5 trillion valuation. The remarkable achievement highlights the profound impact of the company's AI chips in driving the ongoing AI revolution. However, concerns have been raised about inflated tech valuations, with the IMF warning of a possible "AI bubble." As Nvidia continues to expand globally and diversify its offerings, it remains to be seen if it can sustain its unprecedented growth.