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25 Aug

Elon Musk Hasn’t Received Any Salary Since 2017

Purbalee Duttabreaking news

Elon Musk, the CEO of Tesla, SpaceX, Neuralink, and xAI, is known for his immense wealth, yet according to his brother Kimbal Musk, he hasn’t drawn a salary from Tesla since around 2017. In a recent interview with CNBC’s Squawk Box, Kimbal revealed that Elon has gone unpaid for six to eight years. “I think my brother deserves to be paid. He has received zero pay for years. That’s not right,” Kimbal said, adding that it should ultimately be up to Tesla shareholders to decide. Elon Musk’s compensation has never followed a traditional salary model. Instead, it is entirely performance-based,…

22 Aug

Vedanta To Pay Rs 16 Per Share

Purbalee Duttabreaking news

On August 21, Vedanta Ltd announced a second interim dividend of ₹16 per share for FY26, amounting to ₹6,256 crore. The record date for this dividend is August 27, 2025. In a stock exchange filing, the company confirmed the Board’s approval of the dividend at its meeting held on the same day. Earlier, in June, Vedanta had declared a first interim dividend of ₹7 per share. In FY25, the company paid a total of ₹17,000 crore to shareholders, translating to ₹43.5 per share. According to a May 1 note by JPMorgan, Vedanta's dividend payout may nearly halve to ₹25 per…

12 Aug

HAL Q1 Results: Defence PSU Slips 2%, Extends 1-Month Fall To 10%

Purbalee Duttabreaking news

Shares of Hindustan Aeronautics Ltd (HAL) declined on Tuesday ahead of the company’s June quarter earnings announcement. The stock dropped 2.36% to a low of ₹4,341 on the BSE. Over the past month, HAL has fallen 10.42%, underperforming the BSE Sensex, which declined 2.16% during the same period. Analysts said investors are closely watching updates on GE engine supplies and possible repeat orders for the LCA Mark 1A. Nomura India projects HAL’s Q1 net profit to rise 16.6% year-on-year (YoY) to ₹1,198.80 crore, compared to ₹1,028.40 crore last year. Revenue is expected to grow 11% YoY to ₹4,825 crore, with…

08 Aug

LIC Says Health Insurance Foray Delayed On Likely Policy Change

Purbalee Duttabreaking news

Life Insurance Corporation of India’s (LIC) entry into the health insurance sector has been delayed due to expected regulatory and policy changes, as well as slow growth in the segment, according to its newly appointed Managing Director, R. Doraiswamy. Despite the delay, LIC remains interested in health insurance and is keeping “all options” open, including the potential introduction of composite licences. Doraiswamy noted that the industry is in a phase of transition, with further reforms anticipated—such as the Insurance Amendment Bill currently pending in Parliament. LIC is open to acquiring a composite licence, which would allow it to offer life,…

26 Feb

Germany Implements Four-Day Workweek to Improve Work-Life Balance

Sonakshi Sarkarbreaking news

Germany has officially introduced a four-day workweek in select industries as part of an effort to improve work-life balance and productivity. The move follows successful trials where employees reported lower stress levels and higher efficiency. Companies participating in the initiative have seen increased employee satisfaction without any significant loss in output. Labor experts believe this policy could become a global trend, with other European nations considering similar changes. However, some businesses remain skeptical about maintaining profitability with reduced working hours.

24 Feb

Germany to Ban Petrol and Diesel Cars by 2035

Sonakshi Sarkarbreaking news

Germany has confirmed that it will ban the sale of petrol and diesel cars by 2035 to combat climate change. The government will invest in expanding charging infrastructure and providing incentives for electric vehicle purchases. Car manufacturers, including Volkswagen and BMW, have already committed to transitioning to fully electric fleets. The move aligns with the European Union’s carbon neutrality goals and is expected to reduce air pollution significantly. Environmentalists have welcomed the decision, while some industry leaders argue that a faster transition could disrupt the economy

21 Feb

Germany Introduces Digital ID System for Citizens

Sonakshi Sarkarbreaking news

Germany has announced the rollout of a digital identification system that will allow citizens to access government services online. The new digital IDs will be linked to secure biometric data, enabling individuals to complete tasks such as tax filing, voting, and applying for benefits remotely. The initiative aims to enhance cybersecurity and simplify interactions with government agencies. Germany’s leaders believe the program will modernize public administration and serve as a model for other European countries.

19 Feb

Italy Faces Severe Flooding, Declares National State of Emergency

editorbreaking news

Italy has declared a state of emergency after days of heavy rainfall caused severe flooding in several regions, including Emilia-Romagna and Tuscany. Thousands of residents have been evacuated, and significant damage has been reported to homes, businesses, and infrastructure. Emergency services are working tirelessly to rescue stranded individuals and provide humanitarian aid. The government has allocated €1 billion for disaster relief and rebuilding efforts. Climate experts warn that extreme weather events like this could become more frequent due to climate change.

18 Feb

Brazil Commits $2 Billion to Reforestation of the Amazon Rainforest

editorbreaking news

Brazil has announced a $2 billion reforestation initiative to combat deforestation in the Amazon rainforest. The program will focus on planting native trees, restoring degraded land, and empowering indigenous communities to manage conservation areas. Brazil’s environment minister stated that the initiative is essential to meet the country’s climate commitments. International organizations have praised the move, but environmentalists stress the importance of monitoring illegal logging activities. Brazil’s efforts are seen as a crucial step in preserving one of the world’s most vital ecosystems.

18 Feb

Protecting Nature: Australia’s Ambitious Wildlife Recovery Strategy

editorbreaking news, Wild Life

Australia has launched a new plan to protect its endangered species, focusing on habitat restoration and stricter wildlife protection laws. The program aims to safeguard 30% of Australia’s land and marine ecosystems by 2030. Species such as koalas, Tasmanian devils, and certain bird species are top priorities. Funding will be allocated to reforestation projects, invasive species control, and community-led conservation initiatives. Environmental groups have welcomed the plan but stress the need for long-term government support to ensure its success.