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War, Climate, & AI: World's Three Big Challenges of '25

Mint Chennai

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January 06, 2025

Trump's win could weaken the effort to tackle the climate change challenge

- Shashi Shekhar

Let us look at some events that made headlines this New Year's day. In the US city of New Orleans, Shamsud-Din Jabbar, a former US army personnel, rammed his car into a group of revellers, killing 15 people and injuring dozens. The police gunned him down when he tried to open fire at the crowd.

Jabbar had a criminal past, but escaped scrutiny. Innocent US civilians paid the price for the laxity on the part of American intelligence agencies.

For the US, tragedy didn't end here. Within hours, a truck exploded in front of a Las Vegas hotel, where president-elect Donald Trump had been staying. A passer-by was killed in the explosion. Interestingly, the truck involved in the explosion was a Tesla, manufactured by Trump's close associate Elon Musk. The third incident was a shootout at a night club in Queensborough, New York, which left 11 people injured. Both incidents are being investigated.

The US police hadn't declared the last two incidents as terrorist acts till press time, but they have once again brought to light the growing unease in American society.

MÁS HISTORIAS DE Mint Chennai

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Even amid a broader market selloff, which saw foreign portfolio investors (FPIs) pull out a net ₹3,765 crore from Indian equities in November, one sector stood out: telecommunications.

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Gold dips 1,700/10g, snaps record rally

Snapping a four-day record rally, gold prices declined by ₹1,700 to ₹1,35,900 per 10 grams in the national capital on Tuesday as investors booked profits amid weak global cues, according to the All India Sarafa Association.

time to read

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U.S. offers Ukraine security guarantee in bid to break peace-talks deadlock

Washington promises to seek Senate backing for U.S. role in safeguarding Ukraine, a must-have for Kyiv

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TCS's $1 bn win ends mega deal dry spell

higher than the deal signed with BSNL, according to one of the executives.

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Mint Chennai

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RBI adds $5 billion via currency swap to boost liquidity

The Reserve Bank of India (RBI) injected $5 billion through a foreign-exchange swap auction, deploying the tool for the first time since March as signs of liquidity strain emerge among lenders.

time to read

1 min

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‘More rate cuts unlikely as headline inflation will rise’

The Reserve Bank of India (RBI) is unlikely to cut interest rates further in the current cycle as rising headline inflation limits space for monetary easing, Neelkanth Mishra, chiefeconomist at Axis Bank and head of global research at Axis Capital, said on Tuesday.

time to read

1 mins

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'Bondi gunman had limited India ties'

Indian police confirmed that one of the gunmen responsible for killing 15 people at Sydney's Bondi Beach on Sunday was an Indian national, who had limited contact with his family back home since he migrated to Australia 27 years ago.

time to read

1 min

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Mint Chennai

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Unlocking foreign RSUs: Here’s how they will be taxed in India

I used to previously work for a US-listed technology company and had received restricted stock units, or RSUs.

time to read

1 mins

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