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Month: June 2026

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Brazil’s Presidential Race Faces Disruption from Deepening Corruption Scandal

  • June 13, 2026
  • 0

A growing corruption scandal in Brazil is threatening to upend the presidential race according to analysis from Stratfor.

  • Business

CBSE Forced to Transfer Top Officials Over Discrepancies in Online Class 12 Evaluation System

  • June 13, 2026
  • 0

Students reported major discrepancies in CBSE’s on-screen marking system prompting political pressure and the transfer of senior board officials.

  • Business

SpaceX AI Segment xAI Posted 6.36 Billion Dollar Operating Loss in 2025 on 3.2 Billion in Revenue

  • June 13, 2026
  • 0

The xAI segment which includes X recorded a widening operating loss in 2025 but also showed significant revenue growth of 22%.

  • Business

X Generated Only 1.8 Billion Dollars in Ad Revenue in 2025 Less Than Half of Twitter’s 2021 Peak

  • June 13, 2026
  • 0

SpaceX’s IPO filing revealed X’s advertising revenue had declined to 1.8 billion dollars compared to 4.5 billion in 2021 under Twitter.

  • Business

Morningstar Flags Concerns Over SpaceX Lofty Valuation Given Current Financials

  • June 13, 2026
  • 0

Research firm Morningstar raised questions about SpaceX’s valuation citing the gap between the company’s current revenues and its market cap.

  • Business

Larry Page Remains World’s Second Richest at 296 Billion Dollars Far Behind Musk’s New Trillionaire Status

  • June 13, 2026
  • 0

Google co-founder Larry Page is the closest rival to Musk but his 296 billion dollar fortune falls far short of the new trillion-dollar mark.

  • Business

India’s Government Eliminates Capital Gains Tax for FPIs on Government Securities

  • June 13, 2026
  • 0

In a major move to attract foreign investment India fully removed capital gains tax on income from government security holdings for FPIs.

  • Business

Trump Administration Spends 750000 Dollars to Charter Private Yacht to Evacuate One American from Pacific Island

  • June 13, 2026
  • 0

The US government chartered a yacht at enormous cost to rescue a single citizen stranded on a remote Pacific island amid a hantavirus outbreak.

  • Business

Visakhapatnam Steel Plant Explosion Kills Nine Workers Drawing National Attention

  • June 13, 2026
  • 0

An explosion at the Vizag Steel Plant caused the death of nine workers sparking calls for accountability from political leaders.

  • Business

OpenAI Oracle Partnership Allows Enterprise Clients to Access AI Models via Universal Cloud Credits

  • June 13, 2026
  • 0

Enterprise customers can now deploy OpenAI technology through existing Oracle Universal Credits without a new vendor relationship.

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