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West Bengal Launches Annapurna Bhandar, Triples Women’s Aid to Rs 3,000
West Bengal’s Annapurna Bhandar provides Rs 3,000 monthly to eligible women, replacing Lakshmir Bhandar with stricter verification requirements.
AI Spending Surges but Returns Lag: Why Debt Collection Faces Automation Risk, June 05
40% of companies miss AI cost targets. Debt collection automation faces similar execution risks without proper process redesign.
Facebook Settlement Sends $725M in Bonus Checks, June 05
Facebook settlement distributes second-round bonus payments to 15.7 million users starting June 9, averaging $4.72 from leftover funds.
Micron Stock Crashes 13% as Broadcom Shocks Chip Market, June 06
Micron stock fell 13% after Broadcom missed AI revenue guidance, erasing $94B in market cap amid semiconductor sector concerns.
Meyer Werft Posts €569M Loss in 2024, Military Tanker Project Bleeds €100M
Meyer Werft posts €569M loss in 2024 as military tanker project bleeds €100M amid contract disputes.
Japan Stocks Fall on US Chip Weakness, Broadcom Shock Spreads, June 06
Broadcom’s weak earnings triggered a semiconductor selloff in Japan. Nikkei 225 fell 882 points as AI and chip stocks declined across Asia.
RBI Considers Polymer Banknotes to Cut Costs, Durability Focus June 06
RBI examines polymer banknotes to replace damaged currency. Plastic notes last twice as long as paper and reduce printing costs.
Trump Curses Netanyahu Over Lebanon Escalation, June 06
Trump criticized Netanyahu’s Lebanon escalation in a tense call, risking U.S.-Iran peace talks. Fighting continues despite ceasefire attempts.
UP GIC Lecturer Exam Rescheduled to June 14-17, Admit Card Out
UPPSC GIC Lecturer Exam 2026 rescheduled to June 14-17. Admit cards released. 1,516 vacancies. Salary INR 9,300-34,800 with grade pay INR 4,800.