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India central bank cuts policy rate for the first time in nearly five years; pegs GDP growth at 6.7% newsthirst.

Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024. India’s newly-appointed central bank governor Malhotra said he will look to uphold stability and continuity in policy in his role. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The…

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US election commission chair says Trump tried to fire her illegally | Trump administration newsthirst.

United States Federal Election Commission commissioner and chair Ellen Weintraub said on Thursday she received a letter from Donald Trump that purports to fire her but added that the action was illegal. In a post on X, Weintraub attached the January 31 letter signed by Trump which said: “You are hereby removed as a member…

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DeepSeek can be a force multiplier for smaller AI chip firms newsthirst.

DeepSeek has rattled the U.S.-led AI ecosystem with its latest model, shaving hundreds of billions in chip leader Nvidia’s market cap. While the sector leaders grapple with the fallout, smaller AI companies see an opportunity to scale with the Chinese startup. Several AI-related firms told CNBC that DeepSeek’s emergence is a “massive” opportunity for them, rather…

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Victorian man charged after allegedly making death threats and antisemitic comments against federal MP | Australia news newsthirst.

A Victorian man has been charged in connection with alleged death threats and antisemitic comments against a federal politician in the latest incident investigated by a special police taskforce. The Australian federal police confirmed on Friday a 33-year-old Reservoir man was charged with four counts of using a carriage service to menace, harass or cause…

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Japan’s household spending massively beats expectations, boosting case for further BOJ hikes newsthirst.

A customer picks up a snack at a supermarket store in Tokyo, Japan, on Tuesday, July 27, 2021. Noriko Hayashi | Bloomberg | Getty Images Japan’s household spending in December rose 2.7% year on year in real terms, massively beating expectations from economists polled by Reuters and marking its first rise since July 2024. The…

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