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Month: May 2025

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Wall Street slips as oil falls, Dow drops 100+ points, S&P 500 nears end of 9-day winning streak

[ad_1] US stock futures pointed toward losses as Wall Street opened on Monday, with major indices retreating amid a decline in oil prices and a rally in gold. The broader market faced pressure as traders reacted to shifting dynamics in global commodities, geopolitical tensions, and concerns over economic growth.At 9:33 am GMT-4, the Dow Jones Industrial Average (DJIA) was down by 171.37 points, or 0.41%, trading at 41,146.06. The Nasdaq dropped 141.64 points, or 0.79%, to 17,836.09, while the S&P 500 decreased 43.6 points, or 0.77%, reaching 5,643.07.On the commodities front, gold saw a significant rise, climbing 83.3 points or 2.57%, to reach 3,326.6. The precious metal’s rally comes as investors flock to safer assets amid mounting market volatility. In contrast, oil prices saw further declines, with US crude falling 0.89 points, or 1.53%, to 57.4, following an announcement from […]

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‘Training students, rehearsing evacuation plans’: 5 key points of May 7 civil defence mock drills amid India-Pakistan tensions

[ad_1] NEW DELHI: The ministry of home affairs on Monday directed several states to conduct civil defence mock drills on Wednesday, May 7, according to central government sources.The exercise aims to enhance preparedness in the event of a hostile attack, and will include the following measures:Activation of air raid warning sirensTraining civilians, including students, in basic civil defence techniquesImplementation of crash blackout protocolsEarly-stage camouflaging of critical infrastructure and installationsUpdating and rehearsing evacuation plansEarlier on Sunday, Ferozepur Cantonment in Punjab along India-Pakistan border conducted a blackout exercise for 30 minutes in late evening.These exercises for civilians come in the backdrop of Pakistan-backed terror attack in Jammu and Kashmir's Pahalgam on April 22, which claimed 26 innocent lives. [ad_2] Source link

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Berkshire Hathaway board approves Greg Abel as CEO, endorsed by Warren Buffett

[ad_1] Greg Abel (File photo taken from Berkshire Hathaway website) Berkshire Hathaway’s board of directors has formally approved Greg Abel as the company’s next chief executive officer, marking a long-anticipated transition endorsed by Warren Buffett himself. The decision, finalized at Sunday’s board meeting, was reported by the Associated Press and sets the stage for Abel to take over at the end of 2026, as Buffett steps down after more than six decades at the helm. Abel, 62, has long been viewed as Buffett’s successor. Currently serving as vice-chairman, he oversees Berkshire’s non-insurance operations - including BNSF Railway and Berkshire Hathaway Energy - and is widely associated with the company. As CEO, Abel will now steer the $900 billion conglomerate through global uncertainty, including ongoing tariff tensions under US President Donald Trump and scrutiny over the viability of Berkshire’s expansive conglomerate […]

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Big achievement! India to become 4th largest economy in 2025 overtaking Japan; will be 3rd largest by 2028

[ad_1] In the coming years, India is also likely to overtake Germany to become the third largest economy. (AI image) India will become the fourth largest economy in the world in 2025, surpassing Japan, according to the latest World Economic Outlook April 2025 edition of the International Monetary Fund.India’s nominal GDP for 2025 (FY26) is expected to be $4,187.017 billion, marginally more than the likely GDP of Japan which is estimated at $4,186.431 billion.Till 2024, India was the 5th largest economy in the world, but in the ongoing year it is expected to become the fourth largest, as per the latest IMF predictions. In the coming years, India is also likely to overtake Germany to become the third largest economy. By 2028, India’s GDP is estimated to be $5,584.476 billion, more than Germany’s $5,251.928 billion. India will become a $5 […]

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IPL 2025: Kagiso Rabada cleared to play, available for GT vs MI clash

[ad_1] South African fast bowler Kagiso Rabada has been cleared to return to cricket after completing a substance abuse treatment program. He tested positive for a recreational drug during the SA20 competition in January 2023 and served a one-month suspension following the discovery in April.The South African Institute for Drug-Free Sport (SAIDS) confirmed that Rabada was tested after the SA20 match between MI Cape Town and Durban Super Giants on January 21. The positive test result was conveyed to him on April 1, leading to an immediate provisional suspension."Mr. Rabada tested positive for a Substance of Abuse and was subsequently notified of the allegation of his doping offence on 1 April 2025. A provisional suspension was imposed and Mr. Rabada returned immediately to South Africa from India," SAIDS stated.While the specific substance was not disclosed, SAIDS Code Article 4.2.3 identifies […]

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Sean ‘Diddy’ Combs trial: How is a jury picked in a high-profile case? | World News

[ad_1] (Picture Courtesy: Facebook) As jury selection begins today in the federal sex trafficking and racketeering trial of music mogul Sean "Diddy" Combs, all eyes are on the U.S. District Court for the Southern District of New York, where the first steps of a high-stakes legal process are unfolding.Combs, who has pleaded not guilty to charges that include sex trafficking, transporting individuals across state lines for prostitution, and directing a criminal enterprise, will face a jury whose selection process reflects the gravity and complexity of the case.What is jury selection?In the United States federal judicial system, jury selection—known formally as voir dire—is the initial phase of a criminal trial where attorneys for both the prosecution and defence, along with the presiding judge, question prospective jurors to assess their impartiality. The goal: to seat a fair and unbiased jury of 12 […]

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HPBOSE Class 10th, 12th Result 2025 Date and Time: Know when Himachal Pradesh board results will be out

[ad_1] The Himachal Pradesh Board of School Education (HPBOSE) will soon announce the results for Class 10 and Class 12 board exams for the 2024–25 session. The HPBOSE class 10 exams were held from March 4 to March 22, 2025, while class 12 exams continued till March 28, 2025. Although the board has not shared the exact date yet, it is expected that HPBOSE results will be announced any time soon.Last year, the HPBOSE class 12 results were declared on April 29, 2024, meanwhile class 10 results were announced on May 7, 2024. Students should keep an eye on the official HPBOSE website and be ready with their roll numbers to check their results quickly once they are published.When will the HPBOSE Results 2025 be declared?While the Himachal Pradesh Board has not confirmed the exact result dates yet, the Class […]

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Warren Buffett to stay on as Berkshire chairman as Greg Abel prepares to become CEO in 2026

[ad_1] Warren Buffett (File photo) Billionaire investor Warren Buffett will remain chairman of Berkshire Hathaway even after Vice Chairman Greg Abel assumes the role of CEO at the start of 2026. The board of directors at the cash-rich conglomerate voted Sunday to retain the 94-year-old as chairman, offering reassurance to investors concerned about Berkshire’s stability amid economic uncertainty, including tariff impacts, financial market volatility, and rising recession risks, as per news agency AP. The board also formally approved Abel, 62, as Buffett’s successor. Buffett made a surprise announcement Saturday that he would step down from the CEO position by year-end.Shares of Berkshire Hathaway dropped more than 2% ahead of Monday’s market open.Buffett, who took over a struggling Massachusetts textile firm six decades ago, transformed it into a sprawling conglomerate with holdings in companies like Dairy Queen, See’s Candies, BNSF Railway, […]

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BSF to add 16 new battalions, two forward headquarters for Pakistan, Bangladesh borders | India News

[ad_1] NEW DELHI: The Border Security Force (BSF) awaits final clearance nod to expand its operations by adding 16 more battalions, which would include around 17,000 personnel. This is planned to come with the establishment of two new forward headquarters for its western and eastern command, overseeing the Pakistan and Bangladesh borders.Initial approval has been secured.The expansion is particularly significant following the political changes in Bangladesh after the fall of Sheikh Hasina government last year and the heightened security concerns along the Pakistan frontier after the April 22 Pahalgam terror attack. The force is soon anticipating to secure final authorisation shortly, after clearance it will take a few years to raise these, sources in the security establishment told PTI news agency.The BSF's expansion proposal requires remaining clearances, including some final approvals from the Union finance ministry. The paramilitary force currently […]

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JAC Board Class 10th, 12th Result 2025 Date and Time: Check Jharkhand Board Result Update, Websites & Steps

[ad_1] The Jharkhand Academic Council (JAC) is set to announce the results for the Class 10th and 12th board examinations for the year 2025. The exams were conducted from February 11 to March 4, 2025, with practical examinations held between March 4 and March 20, 2025. Last year, the JAC class 12 results were announced on April 30, 2024. Meanwhile, the result for JAC class 10th exams was announced on April 19, 2024. To qualify in Jharkhand board exams 2025, students are required to obtain a minimum aggregate score of 33%. Once released, students will be able to download their JAC results from the board’s official website, jac.jharkhand.gov.in. Additionally, students will also be able to check their scores through SMS.JAC Result 2025 Date and TimeWhile the exact date and time for the JAC Class 10th and 12th results have not […]

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