According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and underwhelming revenue

Tesla CEO and X owner Elon Musk | Photo by Allison Robbert on Reuters

Tesla CEO and X owner Elon Musk

President Donald Trump has ended his predecessor's hold on sending 2,000-pound bombs to Israel, lifting a pressure point that had been meant to reduce civilian casualties during the US ally's war with Hamas in Gaza that is now halted by a tenuous ceasefire.
In a post on his Truth Social network Saturday, Trump said, "A lot of things that were ordered and paid for by Israel, but have not been sent by Biden, are now on their way!"
A Trump administration official confirmed that he was referring to the heavy bombs. The official was not authorized to give that detail publicly and spoke on condition of anonymity.
Then-President Joe Biden halted the delivery of the large bombs in May as part of an effort to keep Israel from launching an all-out assault on the southern Gaza city of Rafah. A month later, Israel did take control of the city, but after the vast majority of the 1 million civilians that had been living or sheltering in Rafah had fled.
"Civilians have been killed in Gaza as a ..

Donald Trump, Trump

The combined market valuation of four of the top 10 valued firms declined by Rs 1,25,397.45 crore last week, with Reliance Industries taking the biggest hit, in line with weak investors' sentiment at Dalal Street.
Last week, the BSE benchmark index declined by 428.87 points or 0.55 per cent, and the Nifty dipped 111 points or 0.47 per cent.
"It was another tough week for the Bulls, as the Nifty ended in the red for the third consecutive week. Despite favourable conditions for a comeback, the bulls failed to capitalize on them," Santosh Meena, Head of Research, Swastika Investmart Ltd, said.
The market valuation of Reliance Industries slumped by Rs 74,969.35 crore to Rs 16,85,998.34 crore.
The valuation of Life Insurance Corporation of India (LICI) eroded by Rs 21,251.99 crore to Rs 5,19,472.06 crore.
State Bank of India's valuation diminished by Rs 17,626.13 crore to Rs 6,64,304.09 crore and that of ICICI Bank tumbled Rs 11,549.98 crore to Rs 8,53,945.19 crore.
On the other hand,

Reliance

Indian Energy Exchange (IEX) on Thursday posted a nearly 17 per cent rise in its consolidated net profit to Rs 107.29 crore, mainly driven by higher revenues.
The company had reported a consolidated net profit of Rs 91.80 crore for the quarter ended December 31, 2023, a BSE filing showed.
Its total income rose to Rs 160.53 crore in the quarter from Rs 141.21 crore a year ago.
The Board of Directors has also approved the payment of an interim dividend of Rs 1.50 per equity share, having a face value of Re 1 each for 2024-25.
The record date for ascertaining the name of members/beneficial owners entitled to receive the interim dividend is Friday, January 31, 2025.
IEX, in a statement, said that during the quarter, IEX achieved an electricity traded volume of 30.5 billion units (BU), marking a 15.9 per cent year-on-year rise and traded 26.52 lakh Renewable Energy Certificates (RECs), recording a 31 per cent growth.
According to the statement, adequate availability of fuel in this qu

result, q1, q2, q3, q4

Artificial Intelligence may be doing a lot of work already but the world would still need 'head, heart and hands' of a human, Union Minister Jayant Chaudhary said on Thursday.
Speaking during a session on 'Reskilling for the intelligent age' during the World Economic Forum Annual Meeting here, the Skill Development and Entrepreneurship Minister also said dynamism is the currency that all businesses are asking for today.
On a lighter note, the minister said he would call Artificial Intelligence amorphic or shapeless because artificial in the Indian context means 'naqli' or not real.
Chaudhary said India is already working on training its young talent for future requirements.
My task is to break the silos and our mandate is to skill our future generation from the school level with skills that could be needed in the future anywhere in the world, he added.
I don't want a situation when a trained worker from India comes to Europe and he or she is told that he or she knows nothing, ...

Jayant Chaudhary

The Reserve Bank of India's December 2024 Financial Stability Report states that household debt is on a rising trend

The volume of loan disbursals by FACE member companies rose 21.3 per cent to 56.4 million loans in the first half of FY25 (H1FY25), up from 46.5 million in H1FY24, data shows. Disbursals were also higher by 9.5 per cent, rising from 51.5 million in H

The chargesheet has named 298 individuals in what could one India's largest cryptocurrency scams: The HPZ Token scam, operated by 10 Chinese nationals

crypto

The hike is part of the BOJ's plan to gradually increase rates to a neutral level of around 1% to sustain economic stability

Bank of Japan

US President Donald Trump on Thursday said a golden age of America has begun with his second term and the entire world would soon be more peaceful and prosperous.
He also said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately.
Addressing the World Economic Forum Annual Meeting here through video conferencing, Trump also said his administration has accomplished in four days what other regimes could not get in four years.
Inauguration of his second presidency took place on January 20, the same day when the five-day WEF Annual Meeting began.
"A golden age of America has begun, our country would be soon stronger, united and more wealthier than ever," he said.
The entire planet will be more peaceful and prosperous as a result of this, he said while talking about the measures he has already announced and the further steps he will be taking going ahead in his second term.
My administration is a

Aam Aadmi Party National Convenor Arvind Kejriwal on sunday accused the BJP of obstructing development work in the city during his over 10-year tenure in Delhi, turning a "living hell" of the constituencies it won.
He made the remark at a janasabha in Jangpura constituency while canvassing for party candidate Manish Sisodia for the Delhi Assembly elections scheduled for February 5.
"Last time, BJP won eight assembly constituencies. They did not let any work happen in their areas. All eight of them made their assembly a living hell. You people should not make such a mistake even by mistake," Kejriwal said.
He appealed to voters to send Sisodia to the assembly, saying he and his former deputy together made government schools excellent for the better future of their children.
"Now BJP people are saying that if their government is formed, they will close all the government schools here too. It is up to you to choose  AAP, which builds government schools, or BJP, which closes them," the

Arvind Kejriwal, Arvind, Kejriwal

BJP leader and former Union minister Smriti Irani addressed a public meeting in Okhla on Sunday, urging people to vote for the party's candidate Manish Chaudhary in the February 5 elections.
Addressing a large gathering, Irani called on the people to press the 'lotus' symbol on the ballot on February 5.
Irani, who is also scheduled to address a public meeting in Rohini later, criticised the Aam Aadmi Party (AAP) government for "failing to deliver' on key promises made to the residents of Delhi.
She accused AAP of not providing basic services, such as clean drinking water and quality healthcare, despite these being central to their election promises.
"AAP had promised the people of Delhi clean water and efficient healthcare services, but these promises remain unfulfilled," said Irani, adding, "The people of Delhi deserve better, and it is time to make a change."
During her speech, Irani outlined the BJP's guarantees for the citizens of Delhi, highlighting key welfare measures that 

Smriti Irani, Smriti

The AAP is eyeing a third term, while the BJP is leaving no stone unturned to wrest back power from the ruling party. The counting of votes is set for February 8. A total of 699 candidates are there

Amit Shah, Home Minister

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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BJP made living hell of constituencies it won in 2020: Arvind Kejriwal

Smriti Irani campaigns for BJP's Manish Chaudhary in Okhla, targets AAP

Misgovernance under Arvind Kejriwal will end on February 8: Amit Shah

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Elon Musk writes to X employees, says company 'barely breaking even'

Trump ends Joe Biden's hold on sending 2,000-pound bombs to Israel

4 most valued firms lose Rs 1.25 trn in mcap, Reliance biggest laggard

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