BItcoin acquisition: 4,710 BTC.
Estimated value: around $513 million at current market pricing.
Financing Method: Funded by a $1.3 billion convertible note issue
Purchase date: announced on May 28, 2025.
Bitcoin Price at Announcement: Around $107,365 per BTC.
K’s top water supplier is punished for sewage breaches and inappropriate dividend payouts.
Thames Water, the UK’s largest water supplier, has received a record £123 million punishment from Ofwat, the water sector regulator.
This exceptional punishment addresses major infractions in sewage management and shareholder dividend practices.
On May 27, 2025, SpaceX’s ninth test flight of the Starship spacecraft failed when the upper-stage rocket disintegrated during re-entry over the Indian Ocean.
This is the third straight failure in 2025, after unsuccessful attempts in January and March.
The government of India has launched the Ayushman Bharat Vay Vandana Card, a major program under the Pradhan Mantri Jan Arogya Yojana (PM-JAY) that aims to provide full healthcare coverage to older individuals aged 70 and up.
This policy provides annual health coverage of ₹5 lakh every senior adult, regardless of socio-economic condition, ensuring access to quality healthcare for the aged population.
NMDC Q4 FY25 Financial Results: Net Profit Rises 5% YoY to ₹1,483 Crore; Revenue Up 8%
NMDC, a state-owned mining company, announced a 5% year-on-year (YoY) increase in consolidated net profit for the fourth quarter of FY25, totaling ₹1,483.18 crore. This is an increase from ₹1,415.62 crore in the fourth quarter of FY24.
The company’s total income for the quarter increased by about 9% to ₹7,497.17 crore, up from ₹6,908.37 crore in the same time last year. The Economic Times
Belrise Industries Ltd., a renowned automobile component maker, debuted on the Indian stock exchange on May 28, 2025.
The company successfully obtained ₹2,150 crore through its IPO, which was a new issue of equity shares. The monies raised are largely meant for debt reduction and other corporate reasons.websiteAngel One+1Moneycontrol+1
Investor interest in Prostarm Info Systems’ initial public offering (IPO) has grown rapidly. Retail and non-institutional investors led the charge in the issue’s oversubscription by more than seven times as of Day 2 of bidding (May 28, 2025).
However, the crucial question still stands: Is it worthwhile to make an investment prior to the May 29 IPO closing?
IPO Overview
Dates of Issue: May 26–28, 2025
The entire new offer of 11.91 crore shares is worth ₹2,800 crore.
Price Band: ₹223 – ₹235 per share
Face Value: ₹10 per share
Lot Size: 63 shares
Retail Investment (min): ₹14,049
The Central Board of Direct Taxes (CBDT) has extended the due date for filing Income Tax Returns (ITRs) for Assessment Year 2025–26 (Financial Year 2024–25) from July 31, 2025, to September 15, 2025. This gives non-audited taxpayers a 6-week extension to file their returns.
he update: Mission: Impossible – The Final Reckoning is Certified Fresh. Five in a row for the franchise!
The Accountant 2 (Ben Affleck, Jon Bernthal) and Netflix’s Havoc with Tom Hardy round out the month of April.
The sequence begins with Certified Fresh films (Gladiator II, Rebel Ridge, Twilight of the Warriors: Walled In), followed by Fresh films on the Tomatometer (Bad Boys: Ride or Die, Beverly Hills Cop: Axel F), and finishing off with the Rotten team, though some boast beefy audience-driven Popcornmeters (Red One, The Killer’s Game).
You’re in luck if you’re searching for the finest new movies to stream over Memorial Day weekend!
This weekend’s streaming selection has something for everyone, regardless of your taste in sci-fi thrillers, endearing animations, or suspenseful horror films.
You can avoid the tiresome searching and start enjoying movie night right away because we’ve hand-picked the top 5 new releases on Netflix, Max, Hulu, and Apple TV+.
The Wheel of Time was unexpectedly discontinued by Prime Video after just three seasons, a move that shocked the fantasy community. On May 23, 2025, the statement was made in spite of the show’s fervently devoted fan following and 97% Rotten Tomatoes rating for its most recent season.
Introduction: South Asia Is Shocked by the J-10C’s Combat Debut
The first known combat victory for China’s cutting-edge warplane was purportedly achieved on May 7, 2025, when Pakistan’s J-10C fighter jets shot down three Indian Rafale aircraft in a landmark aerial encounter.
The J-10C has gained international attention as a result of the dogfight, which is a component of the growing hostilities between the nuclear-armed neighbors.
According to a recent Chinese state TV program, this jet changed the military
Harvard has filed a lawsuit against the Trump administration after the Department of Homeland Security (DHS) denied it permission to accept overseas students, marking a sharp rise in hostilities between the White House and prestigious universities.
Overview: Due to the Gaza War, the UK halts trade negotiations.
In reaction to Israel’s military activities in Gaza and the growth of illegal settlements in the West Bank, the United Kingdom has suspended free trade talks with the country.
Foreign Secretary David Lammy’s announcement of this action reflects mounting dissatisfaction with Israel’s behavior around the world.
Overview: A tense meeting at the White House
Former U.S. President Donald Trump presented South African President Cyril Ramaphosa with fabricated and deceptive evidence of a purported “white genocide” in South Africa during a contentious meeting in the Oval Office.
Growing tensions in the Middle East sparked worries about possible supply interruptions, which caused oil prices to spike more than 1% on Wednesday.
Reports that Israel might be planning an attack on Iran’s nuclear facilities caused the market to react violently, escalating concerns of a wider confrontation that might affect the world’s oil supplies.
The main causes of the increase in oil prices
Brent crude increased 1.2% to
Breaking: Refugee camps, homes, and shelters are hit by deadly strikes
Gaza City According to Palestinian medics, Israeli airstrikes in under 30 minutes killed at least 38 Palestinians in Gaza overnight.
Following a widespread evacuation order, Israel has stepped up its offensive, targeting a family home, a school, and a refugee camp.
Diplomacy in the Middle East has been rocked by US President Donald Trump’s recent tour of Saudi Arabia, Qatar, and the United Arab Emirates.
Trump’s visit represents a significant realignment in the area, marked by significant arms sales, unexpected diplomatic changes, and a blatant disregard for Israeli Prime Minister Benjamin Netanyahu.
The UK government has come under fire from music legend Sir Elton John, who called ministers “absolute losers” over their contentious proposals to let AI businesses to use musicians’ work without paying them.
The superstar said in a shocking BBC interview that this policy “robs young artists of their future” and that he would battle it in court if necessary.
Leading celebrities like Paul McCartney are joining the reaction against this conflict, which directly pits AI innovation against creators’ rights.
