Department Financial News

Rohit Sharma and his men overcame a fierce challenge from New Zealand on Sunday to clinch their third Champions Trophy title in style. Both India and New Zealand have tasted success in this tournament before. India's last triumph came in 2013, while they finished as runners-up to Pakistan in 2017. The Men in Blue also shared the title with Sri Lanka in 2002 after a rain-marred two-day final. New Zealand, on the other hand, won the Champions Trophy in 2000—then known as the ICC Knockout Trophy—defeating India in the final at Nairobi, Kenya. To this day, it remains the Black Caps’ only ICC limited-overs title.

They were ready last month to start enrolling patients — veterans whose cancer had spread to other tissue and who had run out of treatment options. Then a problem arose.

Subscribe to enjoy similar stories. Bengaluru: Artificial intelligence, or AI, won’t take away your job. But someone using AI tools might.

Elon Musk is a tech billionaire, entrepreneur and an innovator and has been dominating the headlines recently due to his involvement in various important projects, influence in technology and space exploration missions. Musk, the richest man in the world, currently has a fortune of about $330 billion, a significant 24% decrease from the start of the year, according to the Bloomberg Billionaires Index. The boss of X (formerly Twitter), Tesla, SpaceX, Neuralink and The Boring Company Elon Musk has used his platform to make his views known on a vast array of topics. Musk is US President Donald Trump's choice to lead Department of Government Efficiency (DOGE), a new advisory body to cut US government jobs and other federal spending.

Subscribe to enjoy similar stories. When Unilever made its surprise announcement last week that it would replace chief executive officer (CEO) Hein Schumacher, the board was about as blunt as boards tend to get in a corporate press release. “While the Board is pleased with Unilever’s performance in 2024, there is much further to go to deliver best-in-class results," said Unilever chairman Ian Meakin in the announcement.

Air India Express will begin flight services to Bhubaneswar from the Hindon civil terminal on March 30, making it the eighth new route to be introduced from the airport this month. The airline has already announced flights to Mumbai, Goa, Kolkata, Chennai, Jammu, and two Bengaluru services. Hindon’s civil terminal, launched in October 2019 under the Centre’s UDAN scheme, has been gradually expanding its domestic network. Odisha Chief Minister Mohan Charan Majhi confirmed the upcoming Bhubaneswar connection on social media. «Aviation Bonanza for #Bhubaneswar! Sincere gratitude to Hon'ble Prime Minister Shri @narendramodi as new flights to Ghaziabad (Hindon) and Port Blair take off shortly under the #NewDestinationPolicy—boosting tourism, trade, and seamless connectivity,» he wrote on X. Officials at Hindon are awaiting formal confirmation. «The official confirmation on Bhubaneswar from Hindon will be made in a day or two. But from March 30, the operation on the said route is most likely to start. We are working on the schedule, the announcement for which will be made shortly,» an AI Express representative said.

Congress on Sunday condemned the vandalisation of a Hindu temple in United States' California and said such acts of hatred and intolerance were utterly unacceptable. The Bochasanwasi Akshar Purushottam Swaminarayan Sanstha (BAPS) temple in California was defaced with anti-India graffiti by some unknown persons in another incident targeting the community's sacred spaces in the US. BAPS said its Shri Swaminarayan Mandir in Chino Hills city of San Bernardino County was desecrated. Congress' media and publicity department head Pawan Khera said, «The Indian National Congress condemns in the strongest possible terms, the vandalism of the BAPS Shri Swaminarayan Mandir in Chino Hills, California.»

The deceased worker is yet to be identified, they said. The rescue operation is still underway to see if anyone is still trapped under the debris, they said.

Marco Rubio and billionaire Elon Musk exchanged sharp words over recent staffing cuts in the federal government during a recent cabinet meeting at the White House, as per reports.

Donald Trump has firmly denied reports of a heated exchange between billionaire Elon Musk and Secretary of State Marco Rubio during a recent closed-door Cabinet meeting. Speaking to reporters, Trump claimed that the meeting was «completely harmonious» and dismissed any allegations of a confrontation. However, sources indicate that Musk and Rubio had a tense discussion regarding the operations of the Department of Government Efficiency (DOGE), which Musk leads.

White House Cabinet Room, it finally erupted. Elon Musk, the billionaire tech mogul and Trump’s top adviser on government efficiency, sat across from US Secretary of State Marco Rubio. The subject: deep staff cuts across the federal government. According to The New York Times, Musk had been pushing for sweeping layoffs, but Rubio wasn’t moving fast enough for his liking. “You have fired nobody,” Musk reportedly scoffed, accusing Rubio of dragging his feet. Rubio, visibly irritated, fired back. He reminded Musk that 1,500 State Department officials had taken buyouts. Then, with a jab of sarcasm, he added: “Do you want me to rehire all those people just so you can fire them again for the show?” Musk, unimpressed, dismissed Rubio’s efforts as insufficient.

Canada’s oldest retailer, Hudson’s Bay, has filed for creditor protection and intends to restructure the business

Strategic Bitcoin Reserve', United States President Donald Trump said that he's working to end the government's «war on crypto» Addressing the Crypto Summit at the White House, Donald Trump heavily criticised former President Joe Biden's stringent actions against cryptocurrencies such as Bitcoin and expressed a more welcoming approach by his administration. «My administration is working to end the federal bureaucracies' war on crypto which was really going pretty wildly during Biden until the election came about. 5 months before the elections he became a big fan because he heard how many people love it and respect it but i guess it didn't work out for him.»

Cal-Maine Foods and Rose Acre Farms have engaged in anticompetitive practices. According to sources cited by The Wall Street Journal, investigators are preparing to issue civil investigative demands—akin to subpoenas—seeking internal pricing and supply data. While it remains unclear whether the investigation will lead to legal action, consumer advocacy groups and some lawmakers have been urging federal authorities to scrutinise the egg industry’s pricing tactics.

United States officials are searching across oceans to find enough eggs to ease a shortage that’s sent prices soaring, forcing grocery stores to limit customer purchases and restaurants to add surcharges.

Hudson’s Bay, Canada’s oldest retailer, is planning to file for bankruptcy, according to people with knowledge of the matter.

Freedom of Information Act (FOIA) is one of the most important tools for keeping the U.S. government transparent. It lets journalists, researchers, and regular people request documents and information to see how the government is really working. This is super important when it comes to Elon Musk’s mysterious Department of Government Efficiency (DOGE), which has been cutting jobs and budgets at federal agencies super fast and without much explanation. FOIA helps uncover what’s really going on behind the scenes.

Department of Government Efficiency (DOGE) is scrutinising the billions of dollars the US government spends each year on consulting services, as per a report.

ABC News President Almin Karamehmedovic appeared to be reading from a script when he informed five thirty-eight staff members at the data-focused news site that 15 of their colleagues received termination notices. The employees had known about job terminations in the company after a Wall Street Journal report. Karamehmedovic followed a prepared statement during the meeting while fielding no questions nor offering any information about Disney's decision to discontinue FiveThirtyEight operations, according to the Status newsletter. The statement ended with a handshake before HR representatives took over communication duties. Team access to ABC News systems ended immediately following the staff meeting as the FiveThirtyEight website disappeared from the internet.

The statistics also indicated that the unemployment level rose to 4.1 percent from 4 per cent last month. In spite of fears about federal job reductions, especially with the cuts within the Department of Government Efficiency (DOGE), economists believe that the labour market is still holding strong. The cuts with DOGE had resulted in the loss of 10,000 government positions.

Elon Musk, whose DOGE team was considered to be involved in cutting the federal workforce, is now pushing back against accusations and has claimed that DOGE is not responsible for the job eliminations, as per a report.