SOCIAL SECURITY DATA
Gold set for worst week in more than 2 months; US jobs data eyed
Gold prices are set to decline this week. Trade tension ease is the primary reason. Market focus is now on the U.S. non-farm payrolls report. The United States wants to talk with China about tariffs. Donald Trump has appointed Marco Rubio as interim national security advisor. Chinese markets will reopen on May 6 after Labour Day holiday.
These large- and mid-cap stocks can give more than 30% return in 1 year, according to analysts
There are two ways to approach the stock markets when there is a high element of uncertainty. One, sit it out. Or two, learn how to navigate volatility. If you are focused on learning how to navigate volatility, then you should also focus on diversification. A smart approach is to identify businesses with strong fundamentals, long-term growth potential, and the ability to adapt to global shifts which will gather strength in the years to come.
'Eyebrow raiser': Elon Musk proposes DOGE to investigate Federal Reserve's $2.5 billion renovation
Elon Musk considers sending his team to the Federal Reserve. This follows concerns about a costly headquarters renovation. The project's $2.5 billion price tag raises eyebrows. Musk's team aims to identify government waste. This move occurs amid scrutiny of the Fed's spending. It also follows reports of Tesla CEO search. Musk's involvement in government efficiency efforts continues.
Solving the “Made In” dilemma for drones
India's drone market is rapidly expanding, but reliance on Chinese components poses security risks. The government needs to enforce stricter import bans, incentivise local manufacturing, and foster innovation. A comprehensive strategy encompassing financial incentives, sustained demand, and adherence to global standards is crucial for India to become a drone technology leader.
'Why do Indians travel to Europe via Pakistan-friendly Istanbul?' Calls grow to suspend flights, rethink ties with Turkey
Amidst growing concerns over Turkey's backing of Pakistan, voices in India are advocating for a strong response. Suggestions include suspending flights between India and Turkey. This comes after reports of Turkish military cargo planes landing in Pakistan. Analysts highlight Turkey's consistent support for Pakistan. Calls for boycotting Turkish tourism and airlines are also gaining traction.
Maharashtra puts up strong economic show, tops state rankings in finances
Maharashtra has emerged as the leading state in CareEdge Ratings' 2025 rankings, followed by Gujarat and Karnataka. The assessment, based on 50 indicators across seven categories, highlights Maharashtra's strength in financial development.
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Trump’s first 100 days spark MAGA meltdown: Tesla crashes 32%, dollar drops 9%
Trump’s first 100 days back in office have erased trillions in market value, with the S&P 500 down 7% and the dollar index dropping over 9%. High-profile stocks like Tesla and Trump Media have plunged, while economic uncertainty grows amid aggressive tariffs and geopolitical risks. Wall Street’s early optimism has given way to what’s now being called the “Sell America” trade.
TiEcon 2025: Unveiling the themes of Silicon Valley’s premier AI event
The upcoming TiEcon event in Silicon Valley, California, scheduled from April 30-May 2, features 11 industry tracks that dive deep into the use cases and impact of AI across industries. Here’s a detailed look.
Pakistan tieup question mark on Trump-backed crypto firm
A cryptocurrency company, largely owned by the Trump family, has signed a letter of intent with Pakistan to boost blockchain adoption, just days after a terrorist attack escalated tensions with India. This venture raises concerns about conflicts of interest, as the company seeks currency swap deals and receives investments from controversial figures.
Turkiye denies sending weapons to Pakistan amid rising cross border tensions with India
Turkiye has denied reports that it sent military supplies to Pakistan amid soaring tensions with India following the Pahalgam terror attack. Claims on social media had suggested that six Turkish C-130E aircraft delivered weapons, sparking alarm in India. However, Turkiye’s Directorate of Communications dismissed the reports as "speculative." While no confirmed arms delivery has occurred, Turkiye and Pakistan maintain close defence ties, including drone sales and joint fighter development.
Will tech billionaires move fast and break our brains?
The planned acquisition of Lykos is an example of how tightly entwined a once left-wing psychedelic movement has become with the Trump administration and the tech right. Peter Thiel, who has close ties with many top-level Trump officials, is a major investor in the psychedelic company Atai Life Sciences.
FTA talks with UK in advanced stage: Trade minister Piyush Goyal
India and the UK met to push forward free trade agreement talks. Piyush Goyal and Jonathan Reynolds aimed to boost the negotiations. The FTA is nearly complete, but some issues remain. These include financial services and the UK's carbon border plan. Britain wants more access to India's services sector. Both countries want to double trade in goods in ten years.
Eugene Kaspersky sounds alarm on AI-driven cybercrime outpacing traditional defences; urges rethink
Kaspersky, founder of the global cybersecurity firm that bears his name, said cybercriminals are not only leveraging AI to automate attacks but are also outpacing defenders through unprecedented collaboration and agility.
DeepSeek discloses Korean version of revised info processing policy
DeepSeek also sent what users entered into the prompts to Volcano, a Chinese company affiliated with ByteDance, the parent company of Chinese social media platform TikTok, the PIPC said, asking the Chinese company to faithfully establish legal grounds for its overseas information transfers, immediately destroy the prompt information and disclose its Korean-language information processing policy.
Asian stocks edge up in cautious open, futures dip
Japanese and Australian stocks opened higher, while US equity-index futures dropped 0.5% in early trading Monday. Gold declined 0.3% while Treasuries and the dollar were steady.
China's March industrial profits rise on high-tech manufacturing
Industrial profits rose by 2.6% in March from a year earlier, taking the gain for the first quarter to 0.8%, according to data released Sunday by the National Bureau of Statistics. Last month's data compares with a 0.3% contraction for the first two months.
Job in your home town: Centre mapping job data on PM Gati Shakti portal
The Central government is developing a system for jobs in native towns. The Labour Ministry is creating a system to filter jobs by location and skills. The PM Gati Shakti portal will integrate job data. A mobile app will help youth find jobs within a 20-40 km radius. Jammu & Kashmir and Gujarat have already made progress.
Israel's AI experiments in the war in Gaza raise ethical concerns
In the past 18 months, Israel has also combined AI with facial recognition software to match partly obscured or injured faces to real identities, turned to AI to compile potential airstrike targets, and created an Arabic-language AI model to power a chatbot that could scan and analyze text messages, social media posts and other Arabic-language data, two people with knowledge of the programs said.
Sharpening inequality now firmly embedded in nature of country's economic growth: Congress
Citing a World Bank report, Congress alleges that India's economic growth is marked by increasing inequality. Jairam Ramesh highlights the report's findings on poverty reduction but cautions against data limitations and the need for updated poverty lines.
Israel's AI experiments in the war in Gaza raise ethical concerns
The Gaza conflict saw rapid deployment of AI tools—from facial recognition to Arabic-language chatbots—raising both strategic advantages and ethical concerns over surveillance, misidentification, and unintended civilian harm. These technologies, developed by Unit 8200 and tech-industry reservists, mark a new era of real-time AI use in warfare, prompting urgent debate over accountability and the human cost.
Donald Trump explodes at Rupert Murdoch, blasts Fox News’ ‘fake pollster’ after network publishes poll showing the President's record-low approval
Donald Trump is again at odds with Fox News over a recent poll showing his approval ratings at record lows 100 days into his second term. Trump vented his frustration on Truth Social, attacking Rupert Murdoch and Fox's polling team.
Formal job creation under ESIC down by 15.3% in February: Payroll Data
As per the provisional payroll data, released by the ministry of labour and employment on Friday, new enrollments under ESIC stood at 1.54 million in February compared to 1.82 million in January 2025, a month-on-month decline of 15.3%.
How AI is rewriting the rules of coding at Indian startups
Tech leaders such OpenAI’s Sam Altman, Salesforce chief Marc Benioff and Anthropic chief executive Dario Amodei have predicted a future where AI generates most of the world’s code. In March, the chief executive of Y Combinator noted that around 25% of the startup accelerator’s current startups were already using AI to write 95% or more of their code.
Government to resume collection of defaulted Student Loans: How to check your status and options
Earlier this week, the Education Department delivered devastating news for federal student loan borrowers. The loan defaulters, who failed to submit their deposit on time, will now face collection starting May 5. The affected borrowers are expected to receive email communication from the FSA.
Sebi tweaks framework for ESG Rating Providers using subscriber-pays model
Markets regulator Sebi has tweaked the framework for ESG Rating Providers (ERPs), especially for those using a subscriber-pays model, requiring them to share ESG (Environmental, Social, and Governance) rating reports with both subscribers and the rated issuer simultaneously. This policy needs to be publicly disclosed.
EPFO adds 16.10 lakh net members in Feb
Employees' Provident Fund Organisation saw a rise in net members in February. The increase was almost four percent compared to last year. Around seven lakh new subscribers enrolled with EPFO. Most new members were young, first-time job seekers. Many previously exited members also rejoined EPFO. Female subscribers also increased, showing a more diverse workforce.
Higher Social Security benefits rolled out in April 2025: Who qualifies under the new law
The Social Security Fairness Act is now being viewed as a landmark piece of legislation that restores long-denied income to America’s public sector retirees, many of whom dedicated decades to essential service.
Big blow to Elon Musk as US judge imposes new restrictions on DOGE's access to Social Security data: 10 points
Tech mogul Elon Musk received a big jolt after a federal judge on Thursday blocked Elon Musk’s so-called “department of government efficiency” (Doge) from accessing social security records as part of its hunt under Donald Trump for fraud and waste. The judge also ordered DOGE to “disgorge and delete” any non-anonymized data it has obtained from the SSA since Trump took office.
US judge limits Elon Musk's DOGE access to social security data
The order is the latest legal challenge to Musk and DOGE's drive to slash outgoings deemed wasteful or contrary to President Donald Trump's policies. It comes after SSA chief Michelle King reportedly quit in February over DOGE's requests to access Social Security recipient information.
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