Prarthna Suvarna

Indian Railways anticipates a 16% rise in passenger revenue for the 2025-26 financial year, driven by increasing demand for AC3 class and premium trains like Vande Bharat. Passenger earnings' contribution to total revenue is expected to rise, providing flexibility for attracting more cargo.

Former UK PM Rishi Sunak visited Parsee Gymkhana in Mumbai, marking the club's 140th anniversary. He played cricket with local boys and interacted with gymkhana members. Sunak, of Indian origin, noted the historical significance of the venue and the gymkhana's acquisition from the colonial government.

In the high-profile clash between Hindenburg Research and the Adani Group, the latter is arguably the winner because the combination of financial clout and political power appeared too hard for Hindenburg to overcome

Parliament is set for a contentious session on Monday with the tabling of the Joint Parliamentary Committee report on the Waqf (Amendment) Bill in Lok Sabha. Clashes between BJP and opposition members have already marked the committee's deliberations, with further heated debates expected.

Prime Minister Narendra Modi expressed confidence in BJP's success in upcoming Delhi polls, praising the newly presented Union Budget as the most pro-middle class in history. He criticized AAP for damaging Delhi over the past 11 years and assured no disruption of welfare schemes if BJP wins. Modi also highlighted support for government employees and Poorvanchali workers.

Short-term point: consumption’s economic multiplier effect lower than capex’s. Long-term point: smaller income taxpayer base means GST rates will remain high, social contract between elite and govt will weaken

Palmer Luckey, founder of Oculus and Anduril, criticizes US media for overhyping Chinese AI startup DeepSeek's claims about their low-cost AI training models. Luckey challenges the $5 million training cost figure and emphasizes the need for scrutinizing such claims to avoid damaging US companies.

India's Deep Ocean Mission received a significant boost with a Rs 600 crore allocation for the Samudrayaan project. This initiative includes sending a manned submersible to explore ocean depths. Additionally, Rs 1,329 crore has been allocated to Mission Mausam to enhance weather and climate forecasting capabilities using advanced technologies.

President Trump has imposed significant tariffs on imports from Mexico, Canada, and China in response to issues such as illicit fentanyl and illegal immigration. The move has led to swift retaliation from these nations, with Canada and Mexico expressing a sense of betrayal and preparing to implement counter-tariffs.