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BusinessPhoto: Economic TimesThe IMF's latest stress test evaluated how banks worldwide would handle a potential AI crash combined with rising government bond yields and an economic slowdown. It found that 22% of global banking assets could be held by 110 weak lenders, whose core capital ratios would drop below 7%, or higher for the most complex banks, indicating significant financial vulnerability.
Economic Times·
PoliticsPhoto: Times of IndiaUnion Home Minister Amit Shah accused Rahul Gandhi of spreading lies about the special intensive revision (SIR) of electoral rolls. Shah claimed Gandhi is using falsehoods to cover up Congress's repeated election defeats and to protect infiltrators registered as voters. The remarks came amid opposition protests against the SIR exercise.
Times of India·
PoliticsPhoto: News18On the 16th day of an indefinite sit-in at Dr BR Ambedkar University Delhi's Kashmere Gate campus, scuffles erupted between All India Students’ Association (AISA) members and security personnel. The conflict began over a planned screening of Anand Patwardhan’s documentary Jai Bhim Comrade. AISA accused security staff of removing posters, manhandling students, and cutting electricity. The university claimed protesters damaged property and fought with guards.
News18··Delhi
EntertainmentPhoto: HT EntertainmentHBO has announced a limited revival of the acclaimed series 'Girls' for 2027, reuniting Lena Dunham and nearly all original main cast members for five new episodes. The show, which aired six seasons from 2012 to 2017, focused on a group of friends navigating relationships and careers in New York. Dunham returns as Hannah, joined by Allison Williams, Jemima Kirke, Zosia Mamet, and Andrew Rannells.
HT Entertainment·
BusinessPhoto: News18 WorldThe US Treasury Department fined Bank of America over $1.2 billion for alleged violations of anti-money laundering and sanctions laws. The bank failed to report more than $5 billion in suspicious transactions, some linked to Chinese money laundering and illicit activity near the US-Mexico border. The penalties include a $750 million fine by the OCC and an $11.6 million settlement for sanctions violations involving Iran, Russia, narcotics, and terrorism.
News18 World·
PoliticsPhoto: Times of IndiaUS President Donald Trump denied claims that the US halted intelligence sharing with Ukraine. Speaking before a campaign event in Alaska, he said both Kyiv and Moscow want the Russia-Ukraine war to end but are unsure how. Trump emphasized ongoing US support and intelligence sharing, and said he is working with both sides to achieve peace, citing his negotiation experience.
Times of India·
Economic Times·
Photo: Economic TimesThe IMF's latest stress test evaluated how banks worldwide would handle a potential AI crash combined with rising government bond yields and an economic slowdown. It found that 22% of global banking assets could be held by 110 weak lenders, whose core capital ratios would drop below 7%, or higher for the most complex banks, indicating significant financial vulnerability.
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