FORMULA 1 NEWS
Central government sets Rs 1.5 lakh laptop price limit for employees; Rs 1.8 lakh for Make-in-India devices
The central government has issued new guidelines allowing officers in Pay Levels 8 and above to buy laptops for their official duties. Eligible officers can invest up to Rs 1,50,000, or Rs 1,80,000 for Make-in-India devices. After four years, these laptops can be kept, provided that all data is erased prior. In case of transfers or retirements, officers can retain laptops by settling the book value.
At China’s big import fair, sellers try to crack a tough market
At the China International Import Expo in Shanghai, a plethora of international firms exhibited their products tailored for the growing Chinese consumer market. Emphasizing the importance of cutting-edge technology and skilled craftsmanship, businesses recognize the fierce local competition, with Chinese manufacturers enhancing their capabilities.
Delhi AQI at 3,000 or 300? Why different apps are showing different pollution levels
Delhi's air pollution readings have sparked confusion as government and independent monitoring platforms report sharply different AQI figures, ranging from the 300s to over 3,000. Differences in AQI calculation methods, averaging periods, monitoring networks and sensor technology explain why apps show varying numbers. Here's why Delhi's AQI readings differ and how PM2.5 levels can provide a clearer picture of air pollution.
Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?
Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The offer comes as Microsoft rolls out a similar voluntary exit scheme covering around 60,000 employees. Here's a look at Google's severance package, eligible teams and the number of employees who could opt for the offer.
Kauai flood warning: Hanalei refuge area offers a safe place to shelter but no food, water or medical care; what residents need to know to take
Residents of Kauaʻi experienced significant travel disruptions and continued risks from floodwaters after heavy rainfall occurred. A flash flood warning was issued by the National Weather Service due to intense rainfall rates on the island. While roads were affected and some closed, a community refuge area was opened for those in need. Authorities remain vigilant in monitoring conditions and ensuring the safety of travel routes.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
At this juncture, what companies say about their Q2 results, and their outlook for Q3 and Q4, matters a great deal – but only to a certain extent. A company can plan only for what is in its control. No management can predict what the US President will decide, or which way the trouble in the Gulf will turn next.
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F1's India comeback is gathering speed, but the road to the starting grid is far from clear
Formula 1’s return to Africa has revived hopes of an Indian Grand Prix comeback, with talks involving Formula One Management, the Adani Group and the government gaining momentum. The bigger challenge is not convincing F1 of India’s market potential but fixing the tax, customs and policy problems that drove the race out in 2013, while finding space on an already crowded calendar.
Company townhall and results can tell 2 different tales; here's what to check if you are worried about your next hike or promotion
Keep manager’s reassurance and employer’s financials apart, says Devashish Chakravarty. Every three months, listed companies must disclose important events to the stock exchange and most of them explain their numbers to analysts. Long before you find an email from your HR, the company has already announced its hiring freeze or restructuring plans in its earnings call.
Why your November $994 SSI payment is arriving early on October 30 — and whether the October 14 COLA update changes your check
November Social Security SSI Payment: Supplemental Security Income recipients will get their November payment on Friday, October 30. That is 17 days from today. The date changed because November 1 falls on a Sunday. The maximum direct payment remains $994 for eligible individuals. This upcoming check follows current benefit rates. It will not include any new adjustments. Tomorrow, October 14, federal officials announce the 2027 Cost-of-Living Adjustment. That official COLA number determines how much monthly benefit checks will increase starting in January.
Warren Buffett's analysis was correct. His temper was not. The bill ran into billions
There was no bad analysis, no misread of a balance sheet, no industry he failed to understand. The company he bought was superb and remains the foundation of everything he built afterwards. And the single decision he took while buying it is the one he calls the most expensive of his career. He has had decades to work out why he made it. He has never managed to.
US and China release reciprocal $30 billion product lists for tariff cuts after Trump-Xi meeting
The United States and China have released lists of products for tariff reductions to boost bilateral trade. The agreement includes around 1,619 U.S. goods and 77 categories of Chinese products. These changes may enhance market access for U.S. businesses and lower consumer prices in the U.S. Economic experts suggest the impact may be limited given the overall trade volumes. Analysts predict continued recovery in U.S.
Warren Buffett on the difference between investing in real estate and the stock market
Both purchases were small, and he says so himself. He tells the stories anyway, because between them they contain everything he knows about investing, and neither involves a share certificate, a screen, or a single price quotation. What makes them work is the same thing that stops most people from making money in the market, and it has nothing to do with skill.
Meet Kimi Antonelli, the Italian racing prodigy who progressed from karting as a child to Formula 1 and became one of the youngest drivers ever to compete at the sport's highest level
Kimi Antonelli’s journey ultimately represents more than a collection of impressive statistics. It is the story of an Italian teenager who began racing karts as a child, won championships across multiple junior categories, skipped Formula 3, conquered key moments in Formula 2 and entered Formula 1 before his 19th birthday.
FIA approves Formula One rule changes: Shorter Grand Prix races and revised rain delays
Formula One's governing body has announced rule changes for the upcoming season. Race distances will be shortened, and engine development freedom will be maintained. Gearbox homologation plans were scrapped to preserve supplier development freedom. Race time limits were revised to better handle weather disruptions.
Even as trading and markets moved faster, Warren Buffett made patience profitable and cool
Warren Buffett has stepped down from his role as chairman of Berkshire Hathaway, marking the end of an era defined by remarkable investment success. Known for his shrewd yet patient approach to bargain-hunting, he outperformed the US stock market time and again. Beyond finance, his down-to-earth advice resonated with countless individuals, earning him a legacy of honesty and trust, inspiring a holistic understanding of success in life.
Warren Buffett and IBM: Praying the stock price goes nowhere. The maths explains why
He is not being clever. He does the arithmetic and shows you exactly how much a falling price would be worth to him. Then he turns on the assets everybody calls safe, and explains why the one people run to in a panic is the one that has quietly destroyed more wealth than any crash.
Travis Kelce invests $200 million in Six Flags: How Taylor Swift’s husband turned his childhood love for Cedar Point into a surprising business move
Travis Kelce is expanding his business portfolio with major investment in Six Flags. The NFL star has joined JANA Partners in a roughly $200 million stake in the amusement park company, a move that carries a personal connection to his childhood in Ohio. He has described the investment as a chance to make the parks “even more special” for future generation.
40,000 pounds of Pabst Blue Ribbon beer stolen in California as police investigate $70,000 cargo theft
A truck carrying forty thousand pounds of Pabst Blue Ribbon beer vanished from California. Authorities are investigating this unusual cargo theft as part of a larger operation. The beer company made a unique public appeal to the alleged thief. Police suspect two separate cargo thefts at the distribution center are connected. Information from the public is now being sought to locate the missing shipment.
Max Verstappen extends F1 contract with Red Bull to 2030
Max Verstappen has extended his contract with Red Bull until 2030. This announcement ends speculation about a potential move to another team. Verstappen stated the team feels like a second family and he is happy. He has achieved four world championships with the team. The driver is considered one of F1's all-time greats.
Toto Wolff reported in talks to sell part of Mercedes F1 stake to Crowdstrike CEO
Mercedes F1 team principal Toto Wolff is reportedly in talks to sell a portion of his stake. The deal could value the team at a record six billion dollars. Crowdstrike CEO George Kurtz is the potential buyer. Mercedes governance will remain unchanged. All partners are committed to the team's Formula One success.
ByHeart recalls all baby formula products across U.S. after infant botulism cases reported
ByHeart recalled all its baby formula products across the U.S. after reports of infant botulism. Health officials and the FDA are checking the cause. The company says safety is its top goal and is testing all formula batches. Parents are told to stop using the formula and throw it away.
Former Miss Belgium Virginie Philippot runs for FIA President, eyes Formula 1 leadership
Virginie Philippot, former Miss Belgium and TV star, is running for FIA President in 2025. She will compete with current FIA chief Mohammed Ben Sulayem and other candidates. Philippot wants to make motorsport more inclusive and diverse. The election will take place on December 12, 2025, and fans are watching closely to see who will lead Formula 1 and global racing.
Michael Schumacher health update shared by Flavio Briatore after over a decade of uncertainty
Flavio Briatore has offered a rare update on seven-time Formula 1 World Champion Michael Schumacher, whose condition remains largely unknown following his 2013 skiing accident. Briatore, a former Benetton team principal, reflected on their history and shared insights into Schumacher’s current situation, emphasizing his ongoing contact with Schumacher’s wife, Corinna
PepsiCo signs 5-year global sponsorship deal with Formula 1
PepsiCo has signed a five-year global partnership with Formula 1, making its brands Sting Energy, Gatorade, and Doritos official partners of the world’s fastest-growing sport. While financial terms weren't disclosed, the deal grants PepsiCo extensive global marketing rights and visibility.
Williams F1 secures record-breaking title sponsorship deal with Atlassian — biggest in team’s history
Williams Formula 1’s sponsorship deal with Atlassian comes just ahead of the 2025 car launch on Friday and the F175 livery reveal at London’s O2 Arena next week.
Formula 1 announces five-year extension with Chinese Grand Prix
Formula 1 has extended its contract with the Chinese Grand Prix for five more years, keeping the Shanghai International Circuit on the calendar until 2030. The extension comes after a successful return to China in 2024, drawing 200,000 fans. The 2025 Chinese Grand Prix, scheduled for March 21-23, will also host the season's first F1 Sprint and F1 Academy round.
F1 update: Formula 1 driver Daniel Ricciardo joins AlphaTauri, replacing Nyck de Vries
Daniel Ricciardo raced for the team known as Toro Rosso in 2012 and 2013, which is now called AlphaTauri.
Fernando Alonso says no plans to retire, aims to win third Formula One title
Fernando Alonso has no plans of quitting or retiring after this year's World championship. His contract with Alpine will be up by the end of this year. But his plans for himself will continue, and he's willing to sign another contract with any team that offers him a competitive package.
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