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Old MAGA versus new MAGA: A cage battle looks set to start

January 23, 2025

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Mint New Delhi

US President Trump's base seems divided but it needn't worry him

- NIA-MALIKA HENDERSON

Steve Bannon, the rumpled bard of MAGA, made a characteristically combative promise when asked about the relationship between Donald Trump's base and Elon Musk—tech titan, world's richest man and Trump bestie. "I will have Elon Musk run out of here by Inauguration Day. He will not have a blue pass to the White House, he will not have full access to the White House, he will be like any other person," he proclaimed in an interview with an Italian newspaper, where he also suggested that Musk had the maturity of a little boy. "I made it my personal thing to take this guy down. Before, because he put money in, I was prepared to tolerate it; I'm not prepared to..."

Well, the inauguration has happened. Musk got prime indoor seating. As the head of Trump's cost-cutting efforts, Musk is also slated to have office space in the Eisenhower Executive Office Building (EEOB), part of the White House office complex.

Bannon, who speaks and dresses like a man at war, lost this round. More recently, he has sounded less confrontational and a bit defeated, saying Musk, with his billions and his own social media platform, is here to stay. "As soon as I can turn Elon Musk from a techno-feudalist to a populist-nationalist we will start making progress," he said in a Politico interview.

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Mint New Delhi

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The Competition Commission of India (CCI) on Monday proposed a self-audit for companies to keep track of how they use artificial intelligence (AI) and the data they train AI models on. Implementing such a practice comes with multiple caveats. Mint explains.

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‘RBI focusing on new use cases for e-rupee’

The Reserve Bank of India (RBI) is in no rush to open up the pilots for the central bank digital currency (CBDC) to the masses and is, instead, focusing on adding more use cases to the e-rupee with a focus on cross-border transactions, T. Rabi Sankar, deputy governor of the central bank, said on Tuesday.

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Nobel physics prize goes to pioneers of quantum mechanics

US-based scientists John Clarke, Michel Devoret and John Martinis won the 2025 Nobel Prize in Physics for “experiments that revealed quantum physics in action”, paving the way for the development of the next generation of digital technologies.

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Nvidia to continue sponsoring H-1B visas

Chipmaker Nvidia's CEO Jensen Huang said that the company will continue to sponsor H-IB visas and cover all associated costs following U.S. President Donald Trump's executive order last month that imposed a $100,000 fee on each new application, Business Insider reported on Tuesday.

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AstraZeneca to sell cancer drug in India

AstraZeneca Pharma on Tuesday said it has received approval from the national drug regulator to market a cancer treatment drug in the country.

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Fintech lending growth slows after clampdown

But delinquency and deep-stage stress are still elevated, shows report

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CENTRAL BANK OF INDIA RATED INDIA INVOLVED BY SKOCH FOR TRANSFORMING RECRUITMENT ONBOARDING DIGITALLY

The Central Bank of India has undertaken a landmark initiative to reimagine its recruitment and onboarding practices through a comprehensive digital solution.

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