Elon Musk’s Awkward Selfie Moment With a Chinese Billionaire in Beijing
A few seconds of selfie awkwardness between Elon Musk and Lei Jun, a prominent Chinese entrepreneur, has spread like wildfire on China’s social media. Source link
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Russian foreign minister Lavrov backs strong energy partnership
Russian Foreign Minister Sergey Lavrov on Friday said crude oil supplies from Russia to India have increased despite Western sanctions and mounting geopolitical pressure, ANI reported.Speaking on the sidelines of the BRICS Foreign Ministers’ Meeting in New Delhi, Lavrov said the rise in Russian oil exports to India was reflected in publicly available data.“We published…
What Trump Gained, and Didn’t, From China
President Trump is returning home from Beijing after a two-day summit that achieved a few deals but left investors and analysts underwhelmed. Source link
Rapido valued at $3 billion with fresh $240 million funding
MUMBAI: Rapido, which rivals Uber and Ola in India’s ride-hailing market, has raised a fresh $240 million in funding led by Dutch technology investor Prosus at a valuation of $3 billion, higher than its last valuation of $2.3 billion it attained when Swiggy sold its stake in the startup in a secondary transaction in September…
Stock Market Rally Confronts Inflation and Higher Interest Rates
Despite accelerating inflation and possible interest rate increases, the S&P 500 has posted a long weekly winning streak, driven by strong corporate earnings. Can it last? Source link
Govt imposes Rs 3/litre windfall tax on petrol exports, cuts diesel and ATF export levies
The government on Friday imposed a windfall gains tax of Rs 3 per litre on petrol exports while reducing export levies on diesel and aviation turbine fuel (ATF), as crude oil prices remained elevated amid the ongoing West Asia conflict, PTI reported.The revised rates will come into effect from May 16.According to finance ministry notifications,…
‘No Essay’ College Scholarships May Have Unseen Strings Attached
Unlike traditional financial aid, the prizes are awarded by random drawings. The websites, in turn, gain access to applicants’ personal information. Source link
PM Modi’s UAE visit: How India will benefit from agreements on strategic petroleum reserves, LPG
What do the new agreements between UAE and India entail? How will India’s energy security plans get a boost? (AI image) India’s energy security received a major boost on Friday when two important Memorandum of Understanding (MOUs) were signed during PM Narendra Modi’s visit to the UAE on Friday. India imports close to 90% of…
For Xi’s Critics, Trump’s China Visit Is Fuel for Jokes They Can’t Tell
On Threads and other sites, liberal-minded Chinese accounts were mocking the proceedings and offering a rare window into opinions on Xi Jinping and his leadership style. Source link
Govt clears Emirates NBD Bank’s proposal to acquire up to 74% stake in RBL Bank
The finance ministry has approved Dubai-based Emirates NBD Bank’s proposal to acquire up to 74 per cent stake in private sector lender RBL Bank, PTI reported citing a regulatory filing on Friday.RBL Bank said Emirates NBD Bank (P.J.S.C) has received a letter from the Department of Financial Services dated May 14, 2026 approving the proposed…