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Delhi New CM Announcement Live Updates: New CM should be chosen from newly-elected MLAs, says BJP leaders
The new Chief Minister of Delhi should be chosen from the elected BJP MLAs, a section of party leaders said on Monday (February 10) amid a buzz over the contenders’ names for the top post. The BJP is going to form its government in Delhi, following its victory in the Assembly polls held on February 5. The saffron party has ousted the AAP from power, winning 48 of the 70 seats in the election, the results of which were announced on Saturday (February 8).”The new chief minister should be chosen from the newly-elected party MLAs,” Bharatiya Janata Party’s (BJP) North West Delhi MP Yogender Chandolia told reporters.
Read hereTrump signs executive orders on steel, aluminium tariffs
US President Donald Trump on Monday made good on a promise to slap 25% tariffs on steel and aluminium imports, stepping up a long-promised trade war despite warnings from Europe and China. The Republican president had unveiled the policy on Sunday aboard Air Force One while flying to the Super Bowl in Louisiana.
Before he signed executive orders imposing the measures, global stock markets rose as traders with “tariff fatigue” appeared to shrug off Trump’s plans.”Today I’m simplifying our tariffs on steel and aluminum,” Trump said in the Oval Office. “It’s 25% without exceptions or exemptions.”He also signalled that he would look at imposing additional tariffs on automobiles, pharmaceuticals and computer chips.
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PM Modi attends France President Emmanuel Macron’s welcome dinner, meets US Vice-President JD Vance
Prime Minister Narendra Modi attended the welcome dinner hosted by France President Emmanuel Macron on Monday night (local time) and also met the new US Vice-President JD Vance for the first time.
PM Modi is on a three-day visit to France. On Tuesday, he will co-chair the AI Summit in Paris with Macron, which will be attended by world leaders and global tech CEOs. PM Modi and Macron will also hold discussions in both restricted and delegation formats and also address the India-France CEO’s Forum.
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Varun Beverages Share Price: Analysts retain ratings with up to 47% upside on the stock
Varun Beverages shares are in focus on Tuesday, February 11, after analysts retained their ratings on the stock.
Morgan Stanley has maintained its ‘overweight’ rating on Varun Beverages with a price target of ₹674. This is a 24% upside from Monday’s closing price of ₹543.10 apiece. The brokerage has reiterated the guidance for volume and margin in the 2025 calendar year. It said the growth momentum in the first quarter of this year remains strong. It added it does not see any effect of competition from Campa in the country. The market already hada 20% share of B brands, which were cheaper than Pepsi. It also said the market is large enough for new competition.
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#TechTalks
YouTube Turns 20: From a Dinner Table Idea to a Global Phenomenon- How It All Started
Can you imagine a world without YouTube? A time when we had no clue about the names of viral stars, nor did we have endless hours of how-to videos, or couldn’t watch the latest music videos at the click of a button? It’s hard to picture, isn’t it? Now try picturing this: YouTube, now a powerhouse that reaches billions globally, all started with a dinner party conversation!
Hard to believe, right?
This was the year 2025. And what began as an idea to help people post videos of themselves talking about their ideal partners was eventually transformed into the world’s biggest video-sharing platform. The trio behind it—PayPal colleagues Steve Chen, Chad Hurley, and Jawed Karim—did not have the world’s largest digital video service in mind when they launched YouTube. In fact, they were just looking to create a space for people to connect and share experiences. Who would’ve thought that a dating idea would lead to a video revolution? But that’s exactly what happened.
Read hereThe DeepSeek effect: What does it mean for the big players in Silicon Valley moving forward
DeepSeek hit the US AI community and stock market with all the subtlety of a heat-seeking intercontinental ballistic missile earlier this month. In all the frenetic freaking out of this disruptive model, here is my reading on how the Big Players would be affected.
We have to start with Nvidia, don’t we? After all, it lost $600 billion of value in a single day, a NASDAQ record, it seems. However, I believe this was a colossal knee-jerk reaction, as we can see in the recovery then. I posted on this the day before the drop that eventually Nvidia will be a net gainer. Models like DeepSeek have democratised AI, so it will mean a thousand models will bloom, as tens of thousands of smaller players with $10 million or so to spare will hanker for GPUs.
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#PersonalFinance
Madhya Pradesh govt transfers 21st instalment of Ladli Behna Yojana: How to check payment status
Madhya Pradesh CM Mohan Yadav on Monday (February 10) said that ₹1,553 crore was transferred to the accounts of more than 1.27 crore women under ‘Ladli Behna Yojana’, according to an ANI report.
He said, “…The amount of ₹1,250 given to sisters will be increased to ₹3,000 in future.”
About Ladli Behna Yojana
Launched on January 28, 2023, by former CM Shivraj Singh Chouhan, the Mukhyamantri Ladli Behna Yojana aims to enhance women’s health, nutrition, and financial independence. Initially, beneficiaries received ₹1,000 per month, which was later increased to ₹1,250.
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Income Tax Bill Highlights: New bill expected to be tabled in Parliament by FM this week
Finance Minister Nirmala Sitharaman is likely to introduce the new Income Tax Bill in Parliament this week, according to sources. The bill aims to replace the six-decade-old Income Tax Act of 1961. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the bill on Friday (February 7). After its introduction, a parliamentary standing committee will review it before it returns to the Cabinet for final approval.
“I hope to have the new IT law introduced in the Lok Sabha in the coming week. Post that, it will go to the standing panel, and if there are amendments, it will require Cabinet approval again,” she said, adding that the bill still has key hurdles to clear before its eventual rollout.
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#Startups
Astra Security to utilise $2.7 million fundraise for expanding to the US market and deploying AI-based security solutions
Delhi-based cybersecurity startup Astra Security has raised $2.7 million in a growth capital round led by Emergent Ventures. The company plans to utilise this funding to expand into the US market and further develop its AI-driven security products, according to Co-Founder and CEO Shikhil Sharma.“
We have scaled massively, but we have built the business in a sustainable way,” Sharma said. “With AI coming in, we saw a massive opportunity that we could actually build a really, really large outcome out of our business, hundreds of millions in revenue, and that led us to actually raise this growth capital from Emergent Ventures.”
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We’ll see you tomorrow with another 11:11
