Centre’s fiscal deficit hits 17.9% of full-year target in Q1; higher spending lifts gap to Rs 2.8 lakh crore: CGA data

India’s fiscal deficit surged to 17.9% of the annual target by June 2025, significantly higher than the previous year, according to the Controller General of Accounts. The revenue-expenditure gap reached Rs 2.8 lakh crore. While tax devolution to states increased, ICRA’s Aditi Nayar pointed out that tepid direct tax collections impacted revenue.

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‘If you can send people to Mars…’: LA residents protest against Elon Musk’s Tesla diner; constant honking, massive traffic

Tesla’s Hollywood diner faces backlash from local residents as they complain about traffic gridlock and constant noise since its opening. Construction caused disturbances, and now the diner’s operations worsen the situation. “If you can send people to Mars, you should be able to figure out how to make this doable for residents,” Laura Kody, another…

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Master’s in finance vs. MBA in finance: Which one leads to better opportunities at top US investment banks?

For aspiring investment bankers, the MBA in Finance is favored in the US for associate roles and leadership potential, offering structured recruiting and strong alumni networks. The Master’s in Finance provides a quicker, more affordable route to analyst positions, particularly in Europe. Globally, both degrees offer potential depending on career goals and location.

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Microsoft becomes $4 trillion company; officially joins Jensen Huang-led Nvidia to hit milestone

Microsoft’s market valuation has exceeded $4 trillion, driven by a strong earnings report and the impressive growth of its Azure cloud division, which saw a 39% revenue increase. This milestone positions Microsoft as the second company, following Nvidia, to reach this valuation. Nvidia’s rise is fueled by AI-driven demand, while Apple’s valuation stands at $3.2…

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Fauji actor recalls how Shah Rukh Khan bagged a role in the series despite not being good-looking: ‘I told his mother he looks like a monkey…’

Amina Shervani revealed Shah Rukh Khan’s unconventional casting story in Fauji. His mother’s call led to Amina’s humorous remark about Bollywood looks, ironically favoring SRK. Amina noticed his uniquely expressive face, deeming it perfect for the screen, and his theatre background with Barry John solidified his acting foundation, launching his iconic Bollywood journey.

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