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Have you ever wondered how much Warren Buffett, whose net fortune is in the hundreds of billions, gets from Social Security? Remarkably, his compensation is determined solely by his past salary, not by dividends or stock holdings, just like everyone else’s. That’s how democratic the US retirement payout system is. How the Social Security payout formula operates Your 35 highest-earning years are used by Social Security to determine your retirement benefit. It sets your monthly payments after first calculating your average monthly income throughout those years. Your payment is immediately reduced if you worked for fewer than 35 years because…

In a major regulatory development, the Reserve Bank of India has taken strict action against Paytm Payments Bank, effectively ending its ability to operate as a payments bank. The move has raised serious questions about the future of Paytm and its role in India’s digital payments ecosystem. Here’s a complete breakdown of what this means. Why Did RBI Cancel the License? The RBI’s decision came after repeated concerns over: KYC (Know Your Customer) violations Weak compliance systems Data monitoring and risk management issues Failure to follow regulatory guidelines despite warnings The central bank’s primary goal is to protect users and ensure…

Elon Musk told the jury during his testimony on Tuesday in a federal courtroom in Oakland, California, that he created, named, and funded OpenAI with the express understanding that it would never be operated for personal benefit. Judge Yvonne Gonzalez Rogers began the second day of the high-stakes legal battle between OpenAI CEO Sam Altman and the richest man in the world. Both Altman and Greg Brockman, the president of OpenAI, were in the courtroom. Elon Musk claims that OpenAI was founded to oppose Google rather than to generate a profit. Musk, the CEO of Tesla, arrived before court in…

In addition to WhatsApp suspending 9,400 accounts implicated in such offenses, the center has informed the Supreme Court that a multifaceted approach including telecom regulators, service providers, the RBI, IT companies, and the CBI has been taken to address the growing threat of digital arrest scams. According to sources, the Indian Cybercrime Coordination Centre (I4C) of the Ministry of Home Affairs (MHA) documented the action and submitted a thorough status report in response to the Supreme Court’s February 9 directives to reduce the nation’s increasing number of digital arrests. Chief Justice Surya Kant’s bench, which had taken suo motu cognisance…

The much-awaited launch of the Jammu–Srinagar Vande Bharat Express is set to mark a major milestone in India’s railway connectivity, with the inaugural run scheduled for April 30, 2026. This semi-high-speed train, operated by Indian Railways, will provide the first direct rail link between Jammu and the Kashmir Valley, significantly reducing travel time and improving year-round accessibility. When Will Jammu-Srinagar Vande Bharat Be Released? The long-awaited Udhampur–Srinagar–Baramulla Rail Link (USBRL) project is scheduled to be completed with the train’s flagging off on April 30, 2026. This will eliminate the need for road transfers, which have historically been impacted by weather…

Honda Cars India is preparing to introduce two new vehicles into the Indian market. On May 22, the Japanese automaker will unveil the City makeover and another unannounced model. The global-spec ZR-V SUV is the most likely contender, according to industry predictions. The fifth-generation sedan available in India will receive its second redesign with the impending Honda City upgrade. First introduced in 2020, the current generation City underwent a mid-cycle update in 2023. Expected characteristics of the Honda City facelift It is anticipated that the visual modifications will be minimal this time. The package probably includes redesigned bumpers, new wheel…

In Bekasi, just outside of Jakarta, a long-distance train and a commuter train collided late on Monday. As rescuers tried to free survivors still trapped in the wreckage, the train operator said on Tuesday that the number of fatalities from a train crash near Jakarta, the capital of Indonesia, had increased to 14, with an additional 84 injured. In Bekasi, just outside of Jakarta, a long-distance train and a commuter train collided late on Monday. The head of Indonesia’s state railway company, PT KAI, Bobby Rasyidi, stated that evacuation efforts were still in progress and that the death toll had…

Focus on Tata Capital stock: HDFC Securities, a brokerage firm, has revised the target price to Rs 335 while preserving an “ADD” rating on Tata Capital. On April 2, Tata Capital released its Q4 results, reporting a 43% year-over-year increase in its consolidated net profit for the quarter that concluded on March 31, 2026, at Rs 1,502 crore as opposed to Rs 1,052 crore during the same period last year. The brokerage’s bullish forecast is fueled by Q4 earnings that exceeded projections because of lower credit costs and robust AUM growth of about 28% year over year. The brokerage kept…

After Infosys announced a 21% year-over-year increase in consolidated net profit for the quarter ended March 31, 2026, at Rs 8,501 crore, compared with Rs 7,033 crore in the same period last year, its shares fell as much as 3.3% to their day’s low of Rs 1,199 on the NSE on Friday. ADRs for Infosys also decreased, closing 4% down. Operational revenue for Q4FY26 was Rs 46,402 crore, up 13.4% from Rs 40,925 crore for the same period in the prior fiscal year. From Rs 6,654 crore reported in Q3FY26, profit after tax increased by 28% on a sequential basis.…

Today, April 23, 2026, marks the official debut of the POCO C81 Series in India, which includes the POCO C81 and POCO C81x. These gadgets, which are touted as battery champions and are intended to offer multi-day longevity for consumers on a tight budget, have replaced the earlier C71 series. For those who value ergonomics, the C81x offers a more balanced, ultra-slim design, but the normal C81 is unquestionably the endurance king. POCO C81 and C81x Cost Flipkart and the POCO e-store will be the only places to purchase these smartphones, which fall into the ultra-affordable category. POCO C81 (4GB/64GB)…