IndusInd Bank’s key financial metrics go off track after Q4 loss

 The impact was seen across key financial metrics. The Net Interest Margin halved to 2.25%, while Return on Assets and Equity turned negative. IndusInd Bank’s key financial metrics have gone off-kilter after its provisions and contingencies shot up 165 per cent year-on-year in the fourth quarter (Q4FY25) amid serious accounting discrepancies. Even as India’s fifth…

US president confronts South African leader with claim of Afrikaners ‘persecuted’

Watch moment Trump confronts South Africa’s president with video US President Donald Trump has confronted South African President Cyril Ramaphosa at the White House with a video that the US president said supports his claim that white farmers are being “persecuted” in the country. The footage shown during a news conference with the South African…

OpenAI acquires Jony Ive’s AI device startup io in $6.5 billion deal to enter consumer hardware

OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal, joining forces with the legendary designer to make a push into hardware. The purchase — the largest in OpenAI’s history — will provide the company with a dedicated unit for developing AI-powered devices. Acquiring…

Israeli top court rules Shin Bet chief Ban’s firing by Netanyahu ‘unlawful’ | Israel-Palestine conflict News

Supreme Court finds no factual basis for Ronen Bar’s dismissal, highlighting irregularities and lack of formal hearing. Israel’s Supreme Court has ruled that the government’s decision to fire domestic security chief Ronen Bar was “unlawful”, marking the latest twist in a bitter power struggle between Prime Minister Benjamin Netanyahu’s government and the country’s justice system….