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Nvidia loses $500 billion amid 'spy' scandal; Huang slips to 13th on Forbes rich list

Fri, 11/13/2026 - 02:02
Nvidia faced a sharp decline in stock value following CEO Jensen Huang's surprising resignation, igniting fears about its leadership stability. In just one week, the company's market value plummeted by nearly $500 billion, with shares now down around 30% from October's peak. Consequently, AI ecosystem firms suffered losses, while competitors thrived. Investors are now bracing for Nvidia’s upcoming quarterly report, eager to assess revenue and future projections.
Categories: National News

How debt-ridden stock market investor killed top executive's wife

Fri, 11/13/2026 - 01:40
Raj Kumar, a 44-year-old stock market investor, was arrested for murdering Anitha Arun Kumar at her flat. Anitha was found dead at home after her children returned from school without her. The suspect reportedly committed the crime due to financial issues amounting to four crore rupees in debt. Evidence, including CCTV footage, led the police to identify Raj as the assailant.
Categories: National News

Has ‘sanatani’ Akhilesh finally walked out of ‘Mullah’ Mulayam’s shadows?

Thu, 11/12/2026 - 20:26
Akhilesh Yadav plans to visit the Ram Janmabhoomi Temple in Ayodhya on December 12, 2026. He is also constructing the Kedareshwar temple and has installed a Krishna statue in Saifai. Akhilesh's political strategy balances Hindu outreach while engaging with the Muslim community through Iftar events. His approach aims to reshape the Samajwadi Party's image amid changing political dynamics. Previous elections indicated that this strategy could enhance support from both communities.
Categories: National News

'List judges linked to BJP, Trinamool': Calcutta HC to Abhishek Banerjee

Thu, 11/12/2026 - 19:25
Trinamool MP Abhishek Banerjee faced security downgrades and multiple attacks after his party lost elections. He made comments suggesting judicial bias towards the governing party, raising concerns in the Calcutta High Court. The court requested he provide a list of allegedly biased judges as a basis for his claims. Justice Krishna Rao criticized the government's handling of Banerjee's security and urged prompt action on the matter.
Categories: National News

'Multiple plots, luxury villa, farmland': Govt engineer's 'empire' under scanner

Thu, 11/12/2026 - 19:07
R Satyanarayana, a deputy executive engineer in Telangana, was arrested by the ACB after extensive raids. The ACB discovered assets valued at more than ₹25 crore, which included luxury properties and farmland. Searches were conducted at 10 locations associated with Satyanarayana, leading to the recovery of significant quantities of cash and gold. He had been serving in government since 2005 while his wife is also an engineer.
Categories: National News

Marco Rubio reportedly spent $1.2 million on flights to watch son play football

Thu, 11/12/2026 - 17:48
US Secretary of State Marco Rubio is facing scrutiny over his frequent trips to Florida to watch his son play college football, with a Washington Post investigation estimating that 23 military aircraft journeys cost taxpayers more than $1.2 million. While Rubio is required to use government aircraft for security reasons, the frequency of his personal trips has raised questions about taxpayer spending and official accountability.
Categories: National News

Gunjan wins boxing gold for India at Youth Olympics with dominant 5-0 victory

Thu, 11/12/2026 - 17:25
Gunjan showcased her exceptional talent by clinching the women's 48kg gold medal at the Dakar 2026 Youth Olympic Games, achieving a flawless 5-0 victory against Algeria's Bouthaina Bensalah in the final. Earlier, Lairenlakpam Ambekar Meetei made headlines by winning India's inaugural Youth Olympics boxing gold. Gunjan maintained an unblemished record throughout the tournament, highlighting India's surging reputation in the world of boxing.
Categories: National News

IAF adopts indigenous AI as Rajnath Singh calls for future-ready warfare

Thu, 11/12/2026 - 17:16
The Indian Air Force has launched indigenous artificial intelligence applications to improve operational efficiency and safety. Defence Minister Rajnath Singh emphasized the need for greater preparedness against emerging threats during the conference in New Delhi. He highlighted the importance of maintaining the element of surprise and enhancing intelligence mechanisms in military operations. The changing nature of warfare requires focus on drones and advanced weapon systems for future conflicts.
Categories: National News

Nvidia crisis: Huang agrees to testify before Congress on Chinese 'spy' scandal

Thu, 11/12/2026 - 16:56
Jensen Huang has agreed to testify before the US Congress regarding export controls and Nvidia's activities. His resignation as CEO follows an affair involving a woman suspected of spying for China. Colette Kress has been named interim CEO while the board seeks a permanent replacement. Additionally, Harvey C. Jones has been appointed as Nvidia's first chair. This development is critical given Nvidia's importance to the US technology landscape.
Categories: National News

Mark Wahlberg's charity raises nearly $20m for children over 25 years

Thu, 11/12/2026 - 16:45
In 2001, Mark Wahlberg and Jim Wahlberg established the Mark Wahlberg Youth Foundation with a mission to uplift disadvantaged youth. Since its inception, the foundation has raised nearly $20 million, funding essential initiatives like summer camps, educational resources, and community recreation spaces. By partnering with various organizations, they strive to enhance the quality of life for children, focusing on health awareness and providing crucial support for families in need.
Categories: National News

'Foreign troops in Ukraine unacceptable': Putin's blunt message to Trump's envoys

Thu, 11/12/2026 - 16:11
Russian President Vladimir Putin declared that foreign military presence in Ukraine poses a direct threat to Russia's security, making them legitimate targets. His remarks were made during discussions with US officials like Steve Witkoff and Jared Kushner. He raised alarms about possible European troop involvement following a peace settlement in Ukraine.
Categories: National News

Texas man loses home ownership claim despite $287,000 transfer to partner

Thu, 11/12/2026 - 15:53
A legal battle came to an end for a Texas entrepreneur who aimed to claim ownership of a property. The appellate court upheld the original ruling, stating that the evidence presented was inadequate to support a resulting trust. The testimony regarding a large bank transaction fell short of validating ownership, and the strict probate regulations limited the ability to appeal. Consequently, Karrie Peterson's estate retains the property.
Categories: National News

Russian empress's 197-carat sapphire sells for $4.9m, beats $2m estimate

Thu, 11/12/2026 - 15:53
In Geneva, a remarkable 197.80-carat gemstone, the Romanov Sapphire from the Russian Crown Jewels, fetched an impressive $4.9 million. This piece of history, once worn by Dowager Empress Maria Feodorovna, encapsulates the grandeur of imperial Russia. Following its anonymous sale by the Soviets, the gem's fascinating story has garnered the attention of collectors, underscoring the rising demand for items rich in historical significance.
Categories: National News

'Legend replaces a legend': Trump wants Tim Cook to replace Nvidia CEO Jensen Huang

Thu, 11/12/2026 - 15:50
In light of Jensen Huang's sudden resignation from Nvidia, alleged personal conduct issues have arisen. Donald Trump has proposed Tim Cook as a fitting successor. The Nvidia board swiftly acknowledged Huang's significant contributions while confirming his departure. Consequently, Nvidia experienced a substantial stock decline. Colette Kress will serve as interim CEO as the company begins its search for a permanent replacement.
Categories: National News

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