DELTA
In this smog of war, it's such a thrill to play 'Kaun Banega Senapati?'!
Move over Warcraft – online information overload has unleashed our inner Manekshaws, with our wishes, not credible news, making us track the latest India vs Pakistan.
Undercounting of Covid deaths: New birth & death records strengthen parents' legal case
New government data reveals a significant undercounting of deaths during the pandemic in India, offering hope to parents who believe their children died from Covid vaccine side effects. The data from the Civil Registration System shows 2.1 million more deaths in 2021 compared to 2020.
Kosmos 482 falls to Earth: lost Soviet Venus probe finally comes home
Kosmos 482, a Soviet probe launched in 1972, recently crashed into the Pacific Ocean. The mission to Venus failed due to a rocket malfunction. The probe orbited Earth for 53 years. It was designed to withstand extreme conditions. Radar tracked it over Germany before its descent. No debris has been found yet. The event highlights space exploration's challenges.
Sebi backs delta-based limits for index derivatives exposure
A Sebi committee has recommended delta-based position sizing for index derivatives, with proposed limits of ?100 billion gross and ?15 billion net per firm, aiming to better align risk with actual market exposure.
Wall Street gains as first trade deal reached
American stock markets saw gains on Thursday. Investors reacted positively to the new trade deal between the U.S. and Britain. The agreement involves lowered tariffs and increased access for U.S. goods. Airline stocks, especially Delta Air Lines, experienced a surge. Boeing shares also rose following news of a UK aircraft purchase. Optimism grew around potential U.S.-China trade talks.
Bitcoin set to break records and shatter the $100K barrier
Bitcoin is nearing the $100,000 milestone, buoyed by the Federal Reserve's decision to hold steady interest rates, signaling economic confidence. This move, coupled with potential trade deal announcements, has fueled market optimism. Bitcoin ETFs are seeing record inflows, solidifying its status as a mainstream investment, while other cryptocurrencies also experience gains.
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Chip tech provider Arm forecasts first-quarter revenue below estimates
Arm Holdings forecast weaker-than-expected first-quarter results, citing uncertain licensing deals and global trade tensions. Despite strong fourth-quarter earnings, the company expects profit and revenue below Wall Street estimates. Increased reliance on per-chip royalties and shifting demand patterns make annual guidance challenging. Shares fell over 8%.
WHL Draft 2025: Saskatchewan’s top hockey talent set to dominate first round
As the 2025 WHL Prospects Draft approaches, all eyes are on Saskatchewan hockey prospects, with Regina’s Maddox Schultz expected to go first overall. With multiple high draft picks, Saskatchewan WHL teams like the Pats, Warriors, and Raiders are positioning themselves to secure top-tier talent for the future
Utah Mammoth unveiled as NHL’s newest identity after fan-led rebranding
After over 850,000 fan votes and a year-long rebranding effort, the NHL’s Utah franchise has officially adopted the name Utah Mammoth, replacing its placeholder identity, Utah Hockey Club. Inspired by the prehistoric giants that once roamed the region, the new name cements the team’s permanent place in Salt Lake City’s sports culture
JetBlue or Delta: Surveyors choose the best airlines in USA for travel in 2025
JD Power has conducted a survey of more than 10,000 people, who travelled on a North American airline within a month of taking the questionnaire. The survey was conducted between March 2024 to March 2025, and has been done for First/Business Class, Premium Economy, as well as the Economy/Basic Economy class to determine the best airlines.
Games of skill not gambling: Online gaming cos tell SC as they challenge Rs 1.12 lakh cr tax demand
Online gaming companies challenge the retrospective application of 28% GST, arguing that games of skill shouldn't be equated with gambling. They contest the tax levy on actionable claims, citing established legal precedents. The Supreme Court is hearing petitions against show-cause notices totaling ?1.12 lakh crore issued to online gaming firms and casinos for alleged tax evasion.
Are Budget airlines on the brink of collapse due to Trump's trade war?
US airlines face challenges due to shifting travel demands. Legacy carriers like Delta and United are outperforming budget airlines. This is due to premium travel demand and loyalty programs. Budget airlines struggle with profitability post-pandemic. They are cutting capacity while Delta and United add flights. Analysts predict this trend will continue. They expect full-service airlines to gain more market share.
Bitcoin trades near $97,000 ahead of US Fed policy meeting; Altcoins jump up to 13%
Bitcoin briefly surpassed $97,000 amidst a broad cryptocurrency rally, fueled by anticipation surrounding the US Federal Reserve's interest rate decision and easing geopolitical tensions. Ethereum also saw gains, contributing to a global crypto market capitalization of $3 trillion.
Tariffs could wreck what Bangladesh's garment workers have gained
Bangladesh faces economic uncertainty following political upheaval and potential tariffs imposed by the United States. The garment industry, a vital source of employment and economic growth for the nation, is particularly vulnerable.
CRPF seeks report from Pahalgam unit commanding officer who rushed in first
Following the tragic terrorist attack in Baisaran meadow that killed 26 people, the CRPF Director General has demanded a detailed report from the commanding officer of the Pahalgam unit regarding the incident and the unit's response.
Bilateral trade talks between India US "moving progressively", says Piyush Goyal
Piyush Goyal says India and US trade talks are progressing well. Both economies complement each other. India aims to finalize a trade deal with the US by fall 2025. Bilateral trade is targeted to reach USD 500 billion by 2030. Goyal also mentions India's readiness to retaliate against any carbon tax imposed by the European Union.
‘Intoxicated, trapped’: Woman testifies against ex-junior Canada hockey players in 2018 sexual assault case
In London, Ontario, the complainant known as E.M. continued her testimony, detailing a harrowing sexual assault allegedly perpetrated by five former members of Canada’s 2018 World Junior Hockey Team. She described feeling frightened and powerless as the players entered her hotel room after her initial consensual encounter with one of the accused.
Bitcoin holds near $94k as crypto market dips ahead of Fed decision
The cryptocurrency market experienced a slight downturn as investors awaited the U.S. Federal Reserve's policy announcement. Bitcoin remained relatively stable around $94,000, while altcoins faced larger declines. Market analysts pointed to technical indicators, institutional activity, and macroeconomic uncertainties as factors influencing market behavior, with Bitcoin dominance increasing amid risk-off sentiment.
Online gaming equals gambling, taxable at 28% GST: Centre tells Supreme Court
The Supreme Court is hearing arguments regarding the taxability of online gaming, with the DGGI asserting that the stakes involved constitute betting and gambling, subject to a 28% GST.
Black Hawk chopper mid-air scare near Pentagon with two airlines put more than 200 lives at risk
A near miss occurred at Ronald Reagan Washington National Airport. An US Army Black Hawk helicopter approached two commercial planes closely. The planes had to abort their landings. The helicopter violated safety distance standards. Radar tracking also faced issues. Officials are investigating the incident. This follows a fatal crash three months prior. Senator Maria Cantwell demands increased airspace safety.
F&O Radar| Deploy Bull Call Spread in Sensex for potential gains from bullish bias
Sensex has been consolidating between 79,500–80,500, showing bullish strength post its April 17 breakout. Technical indicators and derivatives data suggest continued momentum. Preeti K Chabra recommends a Bull Call Spread strategy to capitalise on the positive trend, supported by RSI levels and consistent higher lows on weekly charts.
Crypto prices today: Bitcoin falls below $94k ahead of Fed decision
The crypto market dropped as investors awaited the US Federal Reserve's rate decision. Bitcoin slipped 1.4%, Ethereum 1.5%, and altcoins also faced pressure. Market sentiment remains cautious with a potential rally if the Fed adopts a dovish stance.
Air India halts flights to and from Tel Aviv until May 6 after missile attack
Air India has stopped flying to and from Tel Aviv. This happened after a missile hit near the airport. The airline wants to keep passengers and staff safe. Flights are cancelled until May 6, 2025. Passengers with tickets can reschedule or get refunds. Flight AI139 from Delhi was diverted to Abu Dhabi.
US agencies open probe after two Washington flights abort landings due to nearby Army helicopter
A probe is underway after two flights had to abort landings at Reagan Airport. This happened because an Army helicopter was nearby. The FAA and NTSB are investigating. This incident follows a previous collision. Restrictions were already in place. Senator Cruz criticizes the Army. The FAA is reviewing the helicopter's route. Concerns are rising about helicopter safety near the airport.
Travel demand decline: How US economy faces billions in losses due to Trump trade policies
Weakening travel demand, fueled by trade war uncertainties and anti-American sentiment, threatens to erase billions from the U.S. economy. Airlines are retracting forecasts, and analysts project a significant hit to GDP from reduced foreign travel spending. Domestic spending is also declining amid recession worries, further impacting the U.S. travel and tourism industry.
Bitcoin crosses $97,000 as institutional demand and trade hopes lift crypto market
Bitcoin surged past $97,000, its highest in over two months, driven by institutional buying, macroeconomic optimism, and easing global tensions. Altcoins also rallied, with market cap hitting $3.01 trillion. Analysts see resistance at $100K, while investor sentiment strengthens amid rising accumulation and declining exchange supply.
Pay your own Trump tariffs! Airbus tells US airlines to pay extra for imported aircraft
Airbus is shifting the burden of US tariffs on European-imported aircraft to American carriers, escalating trade tensions. CEO Guillaume Faury stated airlines will bear the cost, while Airbus manages tariffs on parts for its Alabama plant. This move disrupts the aerospace supply chain, already strained by the pandemic, as airlines seek ways to avoid the extra expenses.
F&O Radar | Deploy Iron Butterfly in Nifty to gain from consolidation in Index
Nifty witnessed profit booking but held above 24,000. Support is seen at 23,804 and 23,363. Analysts expect short-term consolidation, suggesting an Iron Butterfly strategy to benefit. Despite short-term bearish signs, the broader structure remains bullish across weekly and monthly charts.
He booked a ticket but airline offered him Rs 2.5 lakh NOT to fly. Internet wants to know the hack
A Delta passenger on a packed Chicago to Seattle flight turned a routine trip into a lucrative opportunity. When Delta sought volunteers to deplane due to fuel rebalancing, this quick-thinking flyer snagged a $3,000 compensation in travel credits. Others shared similar experiences, highlighting the potential for savvy travelers to capitalize on airline needs for unexpected payouts.
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