budget 2023

Debt-laden Senegal has denied a report in the Financial Times that it covertly borrowed 650 million euros ($754 million) to avoid a default, saying it acted in line with "market transparency rules". But the Financial Times reported Monday that the new government had secretly "tapped 650 million euros from development lender Africa Finance Corporation and First Abu Dhabi Bank last year in borrowings that gave them privileges over existing bondholders".

Gujarati cinema is making waves globally, transcending regional boundaries. Films like 'Laalo' achieved historic box office success and Cannes recognition, while 'Vash' secured a National Film Award. 'Chhello Show' gained international acclaim, even reaching the Oscars shortlist. This vibrant industry is proving its storytelling prowess with diverse genres, captivating audiences worldwide.

US stocks continued their record-setting rally, driven by strong earnings and AI optimism, pushing major indices higher. Despite inflation and geopolitical concerns, investor sentiment was buoyed by hopes of a US-Iran ceasefire extension, easing energy market pressures. Technology stocks, particularly Dell, led the gains as markets closed the week on a positive note.

As Karnataka approaches a new political era, the esteemed Chief Minister Siddaramaiah stands on the brink of retirement, leaving behind a legacy that includes crafting 17 state budgets and championing the rights of marginalized groups. His two-decade journey has not only redefined welfare policies but also solidified the Congress party's influence in the state's politics.

Speculation is rife in the South Indian film industry regarding potential release date shifts for two highly anticipated movies. Rajinikanth's 'Jailer 2' might move from August to September, potentially opening the door for Yash's 'Toxic' to claim the August slot. Both films carry immense expectations, and fans eagerly await official confirmation on these rumored changes.

National Average 112.7%

Karnataka Chief Minister Siddaramaiah has resigned, concluding a prolonged power struggle with Deputy CM D.K. Shivakumar. Despite being offered a Rajya Sabha seat and a national party role, Siddaramaiah declined, stating his commitment to serving as an MLA. His departure marks the end of a significant era in state politics, built on welfare and backward class mobilization.

Escalating tensions in the Strait of Hormuz have triggered a surge in US fuel prices, pushing inflation to a three-year high and eroding wage gains. While the US economy has shown resilience with steady consumer spending and job growth, persistent inflation threatens household budgets and consumer sentiment, with higher bond yields signaling deeper economic worries.

OpenAI's decision to shut down its Sora video generation model has reportedly derailed the Cannes debut of the animated film Critterz. The AI-assisted project, aiming for a faster production cycle, relied heavily on Sora for its visuals. While the film was screened for buyers, its festival premiere is now uncertain, raising questions about the future of AI in filmmaking.

India faces a turbulent weather season as a strengthening El Niño threatens deficient monsoon rainfall, impacting crops and water supplies. Experts warn of erratic rain patterns, with long dry spells and intense bursts, potentially devastating rain-fed agriculture. This climate shock, coupled with economic pressures, could lead to significant food inflation and strain household budgets.

The state of Telangana is making a significant leap in housing infrastructure by initiating the second phase of the Indiramma scheme, targeting the establishment of 250,000 homes to replace dilapidated kutcha houses. Additionally, the government is stepping in to support ongoing constructions, with financial assistance reaching up to Rs 3 lakh for structures still at the foundation phase.

Rajasthan's Jaisalmer desert is now home to Asia's largest artificial water reservoir, a massive 28km lake built for ₹242 crore. This project, under the Jal Jeevan Mission, promises year-round drinking water for Jaisalmer and Barmer districts, storing 141 crore litres. The innovative design includes a special plastic lining to prevent seepage and even accommodates Indian Army training exercises.

It changed how it taxes alcohol, which made the 'premium' stuff cheaper — and it's supposed to be good for everyone. Is it?

Split medical exam in two parts, like JEE. NTA conducts the first nationwide screening. Those who qualify, take a second test in their home state. Each state will set their own questions. Paper-leakers will be outplayed

Google's Search isn't a search engine anymore. At I/O 2026, the company officially rebuilt its 25-year-old product around Gemini 3.5 Flash—a box that now accepts photos, files, and video, generates custom interactive pages on the fly, and deploys AI agents to monitor the web indefinitely on your behalf. With AI Overviews at 2.5 billion monthly users and AI Mode crossing one billion, Google isn't pitching a future. It's documenting a shift that already happened.

Filmmaker Sanjay Gupta praised Aditya Dhar's vision behind 'Dhurandhar', calling it a massive risk given Ranveer Singh's career low and Dhar's limited filmmaking experience. He credited the Ambanis' backing as a key factor in the film's success. The two-part franchise has reportedly crossed Rs 3000 crore worldwide.