Shaktikanta Das, the 67-year-old ex-RBI Governor appointed as PM Narendra Modi's Principal Secretary-2, is a retired 1980 batch IAS officer of Tamil Nadu cadre. He did his schooling from the Demonstration Multipurpose School, Bhubaneswar, and BA and MA in History from St. Stephen's College, Delhi. He also pursued a postgraduate course in Public Administration from the University of Birmingham, UK.

The Good Glamm Group has sold ScoopWhoop to WLDD, a meme marketing firm. According to ET and The Morning Context, Good Glamm Group sold ScoopWhoop to WLDD in a deal valued at approximately ₹20 crore, a fifth of the ₹100 crore valuation at which Good Glamm Group acquired ScoopWhoop in 2021. Recently, Sirona Founders repurchased their startup from Good Glamm.

Elizabeth Lopatto argues that Elon Musk’s leadership has caused lasting damage, stating that this isn’t just about Twitter, it’s about the broader tech landscape. She highlights mass layoffs including 10,000 federal workers cut and 75,000 taking buyouts. Concerns include regulatory instability, weakened public infrastructure, and economic disruption that could take decades to repair.

Ashneer Grover-led fantasy cricket platform CrickPe has halted operations within a couple of years of its launch. The fantasy platform, which was the first product of Grover startup Third Unicorn, was launched ahead of the start of the Indian Premier League (IPL) in 2023. However, it has stopped rolling out new contests.

The Appointments Committee of the Cabinet approved the appointment of RBI's ex-Governor Shaktikanta Das as Principal Secretary-2 to Prime Minister Narendra Modi with effect from the day Das assumes office. "His appointment will be co-terminus with the term of the Prime Minister or until further orders, whichever is earlier," an order said. Das retired as RBI Governor in December 2024.

NVIDIA CEO Jensen Huang said markets misinterpreted the impact of Chinese startup DeepSeek's RI AI model on the chipmaker's business. "Market responded to R1, as in, 'Oh my gosh. AI is finished'," Huang said. Markets thought computing wasn't needed anymore but it's "complete opposite", he stated. NVIDIA's m-cap fell by $600 billion after DeepSeek's launch of its model.

Indian stock markets remained in a consolidation phase this week, with benchmark indices Sensex and Nifty slipped over half a per cent amid weak global cues and trade war concerns. Sensex, Nifty gain as pharma, metal, energy stocks rise. The broader sentiment was cautious as investors reacted to renewed tariff threats from the US which led to profit-taking in large-cap stocks.

US President Donald Trump said he'll inspect the country's gold reserves at Fort Knox "to make sure the gold is there". "We want to find, did anyone steal the gold at Fort Knox...I don't want to open it, and the cupboards are bare. Could happen," Trump said. This comes after conspiracy theories concerning gold reserves at Fort Knox surfaced.

S&P 500 and Dow Jones Industrial Average crashed around 1.7% each on Friday to record their worst day this year. This comes after an S&P Global report revealed that the US business activity slowed to 17-month low in February due to uncertainty caused by the government's tariff policy. It also found that consumer sentiment is deteriorating amid rising goods prices.

Speaking on being illegally arrested in Uganda last year, billionaire Pankaj Oswal's daughter Vasundhara said she spent two weeks in a prison housing murderers and human traffickers. "My human rights were grossly violated. They...denied me food and water," she said. She was arrested over the murder of her father's ex-employee Mukesh Menaria, who was later found alive.