US President Donald Trump repeated his claim of 'settling' India-Pakistan conflict, saying he told the neighbours they "can go at it, but I'm putting a 350% tariff on each country". He claimed he told India and Pakistan, "I'm not going to have you...shooting nuclear weapons at each other." He claimed PM Modi later called and informed him when conflict ended.

HDFC bank topped the Kantar BrandZ 2025 Top 100 Most Valuable Indian Brands list, surpassing last year's leader Tata Consultancy Services (TCS). Meanwhile the total value of the Top 100 Indian brands reached to $523.51 million. A total of nine Tata brands featured on the list including TCS, Tanishq, Westside, Taj, Caratlane, Zudio, Tata Motors, Tata Elxsi and Tata Tea.

US President Donald Trump said Federal Reserve Chair Jerome Powell has real mental problems and asked Treasury Secretary Scott Bessent to work with him. "He (Powell)...has something wrong with him....I’d love to fire his a**," Trump added. "You gotta work on him, Scott...rates are too high...And if you don’t get it fixed fast...I’m going to fire your a**," he stated.

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Michael Burry attacked Nvidia accounting practices after its strong Q3 results, claiming the company understated the true cost of stock-based compensation. He argued Nvidia real dilution since 2018 would be $112.5 billion instead of $20.5 billion, which he says would cut earnings by 50%. Burry also flagged suspicious revenue recognition in circular AI deals, renewing his AI-bubble warnings.

Following President Trump’s call for a unified federal AI regulatory standard, the White House is considering an executive order that would undercut state AI laws. A draft seen by The Verge proposes an AI Litigation Task Force led by Attorney General Pam Bondi to contest state rules. Trump has argued that fragmented regulations could let China gain AI edge.

The dollar was riding high on Thursday after notching its sharpest gain in six weeks as Fed minutes made a December US rate cut seem less likely, while the yen tumbled on bets that Japan would not immediately step in to stem its weakness. Yen drops 1% to 10-month low of 157.18 per dollar after no forex talks with BOJ.