COLLECTIVE SECURITY
Prosus widens India fintech play after years of consumer internet bets
The Amsterdam-listed technology investor is also close to investing in artificial intelligence-led credit management startup Oolka, people familiar with the matter said. Prosus evaluated credit-on-Unified Payments Interface (UPI) startup Kiwi in October and savings platform Jar in 2025 before deciding not to invest. Prosus declined to comment on specific deals.
Makkah defence pact with Saudi Arabia, Turkiye not directed against any country: Pak Deputy PM Dar
Pakistan's Deputy Prime Minister Ishaq Dar highlighted the Makkah Joint Defence Agreement with Saudi Arabia and Turkiye. The agreement is aimed at enhancing regional stability without targeting any specific country. Dar emphasized the importance of collective security and Pakistan's balanced foreign policy strategy in light of geopolitical tensions. He also addressed the ongoing conflicts in Jammu and Kashmir and Palestine as crucial regional issues.
What is a 'defensive briefing,' and why didn't Nvidia CEO Jensen Huang get one while US agencies were watching Alice Huang?
The US intelligence agencies determined Alice Huang developed a relationship with the Nvidia CEO Jensen Huang. It was also reported that she had been recruited by China’s Ministry of State Security to collect intelligence on him. The alleged operation was conducted to get the information about American AI chips.
NFL legend Deion Sanders' son Shilo could owe $12 million for life: Creditor alleges two punches left school guard with nerve damage, incontinence
Shilo Sanders, the son of former NFL star Deion Sanders, is facing a challenging bankruptcy case involving nearly $12 million. Creditor John Darjean asserts that the debt should not be dismissed, citing intentional harm. A Texas court previously ruled in Darjean's favor after a 2015 assault case, and now the judge must determine if this financial obligation can be absolved under bankruptcy regulations.
US-mediated talks on ending Russia-Ukraine war begin in Abu Dhabi
Three-way talks involving Russia, Ukraine, and the United States began in Abu Dhabi to address security guarantees. The discussions are the first of their kind since February and will last two days. Key negotiators from both sides have returned, seeking to bridge substantial gaps in their demands. Despite previous rounds yielding no breakthroughs, hopes persist for progress towards a resolution.
Jensen Huang's price of secret affair: NVIDIA CEO loses $7.4 billion in 30 minutes, drops 2 spots in top 10 richest list
Nvidia CEO Jensen Huang lost an estimated $7.4 billion in net worth, and slipped two spots to number 10 on Forbes' billionaire rankings, all in a span of 30 minutes. The AI-chips revolutionary admitted Monday to having an affair with a Singapore-based executive alleged to be a Chinese spy. Nvidia has done business with the firm, and a probe into the repationship is underway in the United States.
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Paul McCartney becomes world’s third richest musician, joins billionaire club with $1.4 billion fortune
Paul McCartney has officially joined the billionaire club, boasting a remarkable net worth of $1.4 billion according to Forbes. His fortune is chiefly derived from MPL Communications, which exploits his extensive musical library. Royalties from The Beatles, earnings from tours, and real estate investments further supplement his income. The recent 'Got Back Tour' exemplifies his continued vigor in music.
Your Social Security check faces a 22% cut risk: The funding shortfall that could cost retirees $2,700 a year
Social Security’s 2032 warning: Millions of retirees could receive smaller monthly checks if the retirement trust fund runs out of reserves. Payroll taxes would still finance payments, but cover only 78% of scheduled benefits, according to trustees. Congress could prevent the reduction through legislation. Until then, workers may need additional retirement savings through 401(k) plans and IRAs.
Nvidia CEO Jensen Huang scandal: Honeytrap ends honeymoon?
A lot of people stand exposed. Nvidia is roughly 8% of the S&P 500 — it sits in pension funds and index funds far beyond the US. Huang, at Nvidia’s helm since he founded it in 1993, has no heir in sight. The company’s directors are now investigating the one employee they would find hardest to replace, an awkward position for any board.
India risks losing tax revenue by delaying global minimum tax rollout
India’s delay in implementing the OECD-G20 global minimum tax framework, known as Pillar Two, could mean losing tax revenue to other countries, according to the article. It cites Apple’s FY2026 tax disclosure to show how Singapore’s 15% minimum tax has helped it collect additional revenue while retaining investment incentives.
Manipur CM Khemchand meets families of two youths killed in Kangpokpi
Chief Minister Yumnam Khemchand Singh visited the families of the deceased youths in Kangpokpi. He expressed condolences and offered government support during their difficult time. Singh confirmed that the case is with the National Investigation Agency for further investigation. The Committee on Tribal Unity suspended a district-wide shutdown, pending government action on their demands. The Chief Minister emphasized the importance of fostering peace and unity among communities in Manipur.
PM Modi speaks to Ukraine President Zelenskyy, reiterates India's support for dialogue and diplomacy to end conflict
Prime Minister Narendra Modi spoke with Ukrainian President Volodymyr Zelenskyy over the phone, during which they discussed the ongoing conflict and bilateral ties. Modi reiterated India's support for resolving the conflict through dialogue and diplomacy and offered to contribute to peace efforts.
Red Fort blast: Year-long anti-terror push results in 300 arrests, 73 deportations
As the anniversary of the Red Fort blast approaches, security agencies are maintaining heightened vigilance across the country. A crackdown over the past year resulted in over 300 arrests and the deportation of 73 high-value fugitives. The investigation revealed the involvement of a 'Doctor Module' composed of professionals coordinated by radical elements. New regulations have been implemented to monitor the sale of explosives to prevent future attacks.
From petrol pump attendant to Rs 6,70,00,00,000 investment scam: How Hyderabad's Nanavath Bhupal Naik, who also worked as mason, built massive empire by luring 7,400 investors
Nanavath Bhupal Naik, a former mason and petrol pump attendant, is accused of masterminding an alleged Rs 670-crore investment scam involving around 7,400 investors. The Cyberabad Economic Offences Wing is investigating two companies, Shares Bazaar Pvt Ltd and Kisaan Parivar Ltd, which allegedly promised monthly returns of 4% and tax-free annual returns of 24%.
Social Security benefits cut: One move can prevent beneficiaries losing out 22 per cent, here are details
US lawmakers will need to ensure that Social Security benefits and the annual cost-of-living adjustment (CoLA) should not be curtailed.
E20 petrol supplied by PSU oil firms meets prescribed quality standards: Oil Min
The government's statement confirmed compliance of 893 petrol samples with prescribed ethanol content standards. Karnataka's Department of Food contested these findings, claiming higher ethanol levels in some petrol samples. Oil marketing companies asserted their sampling procedures were not followed during inspections in Karnataka. They requested access to sampling documentation and proposed joint testing of the ethanol content.
Sonowal urges citizens to protect democratic institutions, ensure electoral transparency
Union Minister Sarbananda Sonowal called upon citizens to actively preserve the dignity of democracy in India. He emphasized the importance of informed citizens in maintaining the credibility of constitutional institutions. Through a public awareness campaign, he urged collective responsibility to combat misinformation from opposition parties. Sonowal highlighted the need for transparency in the electoral process and encouraged participation in democratic values.
Nicki Minaj's $20 million Hidden Hills mansion nearly went to auction over a $503,318 debt before her last-minute payment
Nicki Minaj narrowly avoided a forced sale of her $20 million Hidden Hills mansion after paying a $503,318 court judgment on January 22, 2026. The payment came just before a judge was expected to decide whether the California property could be auctioned to recover the money owed to a former security guard.
Southern Railway runs 132 special trains, deploys extra RPF personnel to manage Diwali rush
Southern Railway managed the rise in passenger traffic during the Diwali season by operating special trains. A total of 132 special trains were run, along with additional coaches for 22 Mail and Express services. Key destinations linked include Madurai, Tirunelveli, and Bengaluru among other cities across India. Comprehensive security measures were implemented at major stations to ensure passenger safety and guidance.
Goldman Sachs names 109 new global partners, 14 Indians make the cut; two promoted in Bengaluru
As of January 1, 2027, Goldman Sachs is set to elevate 109 employees globally to partner roles. Among these, there are 14 Indians across global offices, including two based in India, with Gowri Sekar making history as the first female partner from the Indian offices. This year's promotion intake marks the highest since 2010, highlighting the firm's focus on its significant Indian engineering workforce.
Offline Aadhaar verification to get easier for users as UIDAI onboards 300 entities to complete process
UIDAI has successfully onboarded 300 Offline Verification Seeking Entities since the launch in January 2026. This initiative aims to enhance Aadhaar-based offline verification across various sectors including healthcare, education, and hospitality. Users can now complete identity checks without submitting physical copies of their Aadhaar cards.
MobiKwik shares jump 4% as RBI approves NBFC licence; co targets Rs 5,000 crore loans
MobiKwik shares gained on Friday after the RBI granted its subsidiary a licence to operate as an NBFC, enabling the fintech company to enter direct lending. MobiKwik plans to disburse Rs 5,000 crore in loans over the next three to four years, targeting consumers and MSMEs through secured and unsecured products.
Mecca pact with Pakistan creates uproar in Turkey parliament: MPs ask why risking Turkish youth for foreign governments' political ambitions
Türkiye has approved a defense pact with Pakistan and Saudi Arabia that commits to mutual assistance. This agreement may lead to Turkish support if Pakistan faces conflict with India. Critics in Türkiye have expressed concerns over the implications for national security commitments. The pact includes a ten-year clause preventing member withdrawal, which raises flexibility questions. Parliamentary approval is required before sending Turkish troops, but concerns about political pressure remain.
Tax reporting lapses could risk India's sovereign rating, trigger withholding tax penalties: Income Tax Principal DG Debjyoti Das
Speaking to the media on the sidelines of the 'Summit on Global Financial Compliance (FATCA & CRS)' in Mumbai, Debjyoti Das, Principal Director General of Income Tax (Intelligence & Criminal Investigation), highlighted the growing risks associated with non-compliance in cross-border financial reporting.
Prime Focus shares drop 7% as Ramayana Part 1 makes debut across 5,510 shows today
Prime Focus shares fell as much as 7% as Ramayana made its theatrical debut. Despite high expectations and a reported Rs 4,000-crore budget, early box-office collections came in below trade projections, putting the spotlight on the film's opening performance.
Iran lifts Hormuz transit curbs for ships from India, China, Iraq and Qatar, could ease pressure on India’s oil and gas supply
Iran has announced the lifting of transit restrictions for vessels from India, China, Iraq, and Qatar. This decision aims to enhance regional cooperation and facilitate trade, particularly in medicines from India. Iranian officials have noted that American forces do not intercept these ships, showing Tehran's strategic interests.
Sebi eases KYC norms for NRIs, OCIs, allows digital onboarding from December 3
SEBI has relaxed KYC requirements for NRIs, OCIs and foreign nationals, allowing eligible overseas clients in FATF-compliant countries to complete onboarding digitally. The revised framework introduces video verification, electronic documents and simplified repeat KYC, effective December 3, 2026.
Digital recruitment is creating a new cybersecurity risk for employers
Online hiring has made it easier for companies to reach candidates across locations, but it has also exposed recruitment processes to identity fraud, manipulated assessments and misuse of personal information. HR teams are increasingly responsible for protecting the integrity and security of the hiring process.
Social Security benefits warning: Will retirees lose $500 a month when the retirement trust fund runs out in 2032? What the latest forecast means for your monthly checks
The Social Security retirement fund is projected to exhaust its reserves by the end of 2032 without any legislative intervention. If changes are not made, monthly benefits for retirees might face substantial reductions, estimated between 22% and 26%. This impending decline is attributed to demographic shifts like an increasing elderly population and dwindling birth rates. Lawmakers have a limited timeframe to tackle these pressing issues before retirees experience significant cuts.
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