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Delhi AQI

The national capital woke up to a toxic haze on Sunday, November 9, 2025, as the air quality dipped into the ‘severe’ category, with the overall Air Quality Index (AQI) recorded at 391 at 7 a.m., according to data released by the Central Pollution Control Board (CPCB). Several parts of Delhi crossed the 400-mark, signalling extremely hazardous conditions that could impact the health of residents across age groups.

City Chokes as AQI Crosses 400 in Multiple Areas

Pollution levels in the capital reached alarming heights, with major monitoring stations reporting AQI levels between 410 and 436. Among the most affected areas were Bawana (436), Patparganj (425), RK Puram (422), Chandni Chowk (409), and Anand Vihar (412). Localities like Alipur (415) and Sonia Vihar (415) also remained in the ‘severe’ range, underscoring the widespread deterioration in air quality.

Residents reported a visible smog blanket across the city, with reduced visibility and irritation in the eyes and throat. Doctors and environmentalists have warned that prolonged exposure to such levels of pollution could lead to respiratory illnesses, especially among children and the elderly.

A Week of Rising Pollution: From ‘Poor’ to ‘Severe’

The latest spike in pollution follows a steady decline in air quality over the past week. On Saturday, November 8, the city’s AQI stood at 355 (‘very poor’), while on Friday, November 7, it was 312 (‘very poor’). Just two days earlier, on Thursday, November 6, the AQI was 271 (‘poor’). The consistent worsening of air quality paints a grim picture of post-festive pollution in the capital region.

CPCB data shows that multiple stations have reported dangerously high levels throughout the week. Localities such as Ashok Vihar, Jahangirpuri, Punjabi Bagh, and Okhla Phase-II have remained in the ‘very poor’ category for consecutive days, suggesting widespread and persistent air stagnation across Delhi-NCR.

Impact of Post-Festive Pollution and GRAP Measures

Experts attribute this decline to a combination of post-Deepavali firecracker emissions, crop residue burning in neighbouring states, and stagnant wind patterns that trap pollutants near the surface. Despite Stage II of the Graded Response Action Plan (GRAP) being in effect, the impact on ground conditions appears limited.

Under GRAP Stage II, the New Delhi Municipal Council (NDMC) has already doubled parking fees across the capital to discourage vehicular traffic, one of the key contributors to urban air pollution. Additional restrictions on construction and waste-burning have also been imposed, but officials acknowledge that stricter enforcement and meteorological support will be needed for substantial improvement.

Understanding the AQI Scale

The Air Quality Index (AQI) serves as a measure of pollutant concentration and health risk. As per CPCB guidelines:

  • 0–50: Good
  • 51–100: Satisfactory
  • 101–200: Moderate
  • 201–300: Poor
  • 301–400: Very Poor
  • 401–500: Severe

With large parts of Delhi crossing the 400 threshold, the current conditions fall into the ‘severe’ category, where even healthy individuals may experience breathing difficulties, and vulnerable groups face serious health risks.

What Lies Ahead for Delhi’s Air

Meteorologists predict that air quality may remain in the ‘severe’ or upper ‘very poor’ range for the next few days due to stagnant winds and temperature inversion. Authorities continue to monitor conditions closely, with the possibility of implementing GRAP Stage III, which includes a ban on certain diesel vehicles and construction activities, if pollution levels remain unchanged.

Environmentalists stress the need for long-term solutions such as cleaner transportation, improved waste management, and reduced stubble burning in nearby states to prevent such recurring crises each winter.

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Parliament Winter Session 2025

Parliamentary Affairs Minister Kiren Rijiju announced that the Winter Session of Parliament will take place from December 1 to 19, 2025. The announcement, made via X (formerly Twitter), invited all parties to engage in meaningful discussions aimed at “strengthening democracy and serving the aspirations of the people.”

Traditionally, the Winter Session begins in the third week of November and continues until just before Christmas. However, this year’s schedule—spanning just 19 days—has triggered criticism from opposition parties, who view the delay as an attempt to limit parliamentary scrutiny and debate.

Opposition’s Response: “An Unusually Delayed and Truncated Session”

The announcement immediately drew sharp reactions from opposition leaders. Congress General Secretary Jairam Ramesh labelled the move as “unusually delayed” and “truncated,” questioning the government’s intent.
“What message is being sent to the nation?” he wrote on X. “Clearly, the government has no business to transact, no bills to get passed, and no debate to be allowed.”

Echoing similar sentiments, Trinamool Congress MP Derek O’Brien accused the government of suffering from what he termed “Parliament-ophobia.” He remarked, “PM Narendra Modi and his team continue to suffer from an acute fear of facing Parliament. This short session sets a dubious record.”

Context: A Year of Limited Parliamentary Business

The criticism stems from a broader pattern noted throughout 2025. The Monsoon Session, which ended on August 21, witnessed limited legislative activity amid frequent disruptions and protests.
While 12 bills were passed in the Lok Sabha and 14 in the Rajya Sabha, much of the session was overshadowed by debates on Operation Sindoor and the Special Intensive Revision exercise in Bihar, both of which led to repeated adjournments.

Observers suggest that the Winter Session, being significantly shorter, may not allow adequate time to discuss pressing national issues or pending legislation.

Historical Comparison: Last Year’s Heated Winter Session

Last year’s Winter Session (2024) had been longer and far more eventful. It featured debates marking the 75th anniversary of the Constitution, a no-confidence motion against then Vice President Jagdeep Dhankhar, and an Opposition-led impeachment notice against an Allahabad High Court judge.
The session concluded with a charged debate over the alleged insult of Dr. B.R. Ambedkar, reflecting the politically charged atmosphere that often defines India’s parliamentary proceedings.

Government’s Stance: Focus on “Constructive Debate”

Despite the criticism, Minister Rijiju expressed optimism about the upcoming session. His statement emphasized collaboration and purpose: “We look forward to a constructive and meaningful session that strengthens democracy and serves the aspirations of the people.”
Government insiders suggest that the session will prioritize key economic and administrative bills while reviewing progress made under various national schemes before the fiscal year’s end.

What Lies Ahead

With the session scheduled to begin in early December, all eyes will be on how both Houses navigate political tensions and time constraints. Whether the short session will produce substantial legislative outcomes or dissolve into partisan gridlock remains to be seen.

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Trump India Visit

In a striking reaffirmation of Indo-US camaraderie, former US President Donald Trump praised Prime Minister Narendra Modi, calling him “a great man” and “a friend.” The remarks came during a White House briefing on healthcare policy, where Trump hinted that he might visit India next year as part of broader trade and diplomatic engagement efforts. His words signal a renewed interest in strengthening bilateral relations between Washington and New Delhi.

Talks on Trade and Diplomacy Moving Forward

While addressing reporters after unveiling a new initiative to cut the prices of popular weight loss drugs, Trump shared that his discussions with Prime Minister Modi were progressing positively. “He (PM Modi) largely stopped buying from Russia. He is a friend of mine, and he wants me to go there. We will figure that out; I will go,” Trump said. When asked about the potential timing of his India trip, he responded, “It could be, yes,” leaving room for speculation about a high-profile visit in 2026.

Shifting Geopolitical Balances

Trump’s remarks come amid ongoing trade negotiations between India and the United States. The relationship faced challenges earlier when Washington imposed a 50 per cent tariff on certain goods, including 25 per cent additional duties over India’s continued import of Russian oil. However, Trump’s latest comments reflect an attempt to rebuild economic bridges and reassert collaboration on strategic fronts such as energy, defense, and technology.

India’s Response: National Interest Comes First

India’s Ministry of External Affairs, responding to Trump’s earlier statements, maintained that the country’s energy sourcing decisions are driven by national priorities. MEA spokesperson Randhir Jaiswal emphasized that India’s import policies aim to secure affordable and stable energy for its citizens. He stated, “Our import policies are guided by the interests of the Indian consumer in a volatile energy scenario.” He further noted that India has steadily expanded its energy cooperation with the United States, marking a decade of consistent progress in this area.

A Glimpse into the Broader US-India Relationship

White House Press Secretary Karoline Leavitt recently reaffirmed Trump’s commitment to India, noting that he has always viewed the relationship positively. She recalled that Trump had spoken to Prime Minister Modi during Diwali celebrations at the Oval Office, joined by Indian-American officials. These symbolic gestures continue to represent the cultural and political warmth between the two nations, even as economic negotiations remain complex.

The Broader Context: Sanctions and Strategy

Trump’s mention of India’s reduced oil imports from Russia ties into his administration’s broader policy of economically isolating Moscow amid the ongoing war in Ukraine. His acknowledgment that India has been “very good” on the issue underscores Washington’s appreciation for New Delhi’s balancing act between maintaining energy security and supporting global stability.

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Amazon vs Perplexity

The growing tension between big tech and emerging AI startups reached a boiling point this week as Amazon sued Perplexity AI, accusing the startup of covertly accessing customer accounts and masking automated activity as human behavior. The lawsuit, filed in the U.S. District Court for Northern California, centers around Perplexity’s “Comet AI” shopping agent, which Amazon claims violated its platform’s policies and posed security risks to user data.

The Reason ?

Amazon’s complaint targets Perplexity’s Comet browser and its integrated AI shopping assistant, which can autonomously browse, compare, and place orders for users. According to Amazon, this feature not only mimicked human users but also bypassed restrictions, entering areas of the Amazon ecosystem that third-party bots are not permitted to access.

“Perplexity’s misconduct must end,” Amazon stated in its filing. “Its trespass involves code rather than a lockpick, but that makes it no less unlawful.” The retail giant said that Perplexity’s automation degraded the user experience, interfering with its personalized shopping system that Amazon has built and refined for decades.

Perplexity’s Defense: “Bullying by Big Tech”

In response, Perplexity accused Amazon of weaponizing its market dominance to stifle innovation in the AI space. The company said Amazon’s legal threats were a “broader attack on user choice and AI progress.”

“Bullying is when large corporations use legal threats and intimidation to block innovation and make life worse for people,” Perplexity wrote in a public blog post.

The startup maintained that its Comet AI agent operates transparently, emphasizing that user credentials are stored locally on users’ devices and never transmitted to Perplexity’s servers. It further argued that its technology aims to simplify online tasks—from product comparisons to completing transactions—without compromising privacy.

Amazon’s Concerns: Data Security and Platform Integrity

Amazon’s central argument is that Perplexity’s system could compromise the security of customer accounts and disrupt the integrity of its e-commerce ecosystem. The company stressed that any third-party agent making purchases on behalf of users must do so openly and with the platform’s consent.

“Third-party apps making purchases for users should operate transparently and respect a business’s decision on participation,” Amazon said, adding that Perplexity’s automation “creates confusion and potential risks within the Amazon Store.”

Amazon is also developing its own suite of AI tools, including “Buy For Me”—an in-app feature for autonomous shopping—and “Rufus”, an AI assistant designed to enhance product discovery and cart management. Industry observers suggest Amazon views Comet AI as a competitive threat, especially in an era where AI agents are reshaping digital commerce.

A Larger Battle Over AI Autonomy

The lawsuit isn’t just about one startup—it’s part of a larger struggle over how AI agents should interact with the web. As more companies design autonomous systems capable of browsing, purchasing, and even decision-making, questions about transparency, consent, and control are gaining urgency.

Perplexity’s approach—enabling AI to act independently on behalf of users—sits at the heart of that controversy. Its defenders argue such autonomy represents the next stage of internet evolution, while critics fear it risks blurring accountability and inviting misuse of private data.

What’s Next for the Case

As of now, Perplexity has not issued an official statement regarding Amazon’s lawsuit beyond its earlier blog post. Legal experts suggest the case could set a precedent for how autonomous AI agents are regulated in e-commerce and beyond.

If the court sides with Amazon, it could restrict how AI tools interact with private online ecosystems, forcing startups to redesign their agentic models. On the other hand, a favorable ruling for Perplexity might open the floodgates for independent AI systems that perform actions across the web on users’ behalf—potentially reshaping the future of online interaction.

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Bihar Election 2025

The opening phase of the Bihar Assembly Election 2025 witnessed an impressive 60.13% voter turnout (provisional till 5 PM) — marking a rise of over 4% from the first phase of 2020. The surge in participation has sparked intense political debate, with many seeing it as a possible sign of anti-incumbency against the ruling BJP-JDU coalition.

For the opposition Mahagathbandhan—led by Tejashwi Yadav’s RJD and the Congress—this turnout is an encouraging sign, potentially signaling voter fatigue with the current regime.

The turnout spike comes despite the deletion of nearly 47 lakh names during the Special Intensive Revision (SIR) of Bihar’s electoral rolls. Opposition parties had criticized the move, alleging it disproportionately affected poor and marginalized communities, traditional supporters of the Mahagathbandhan.

Before the revision, Bihar had 7.89 crore registered voters, which has now fallen to 7.42 crore. Analysts note that while this reduction may partly inflate turnout percentages, the consistent enthusiasm observed across polling stations suggests genuine voter engagement rather than mere statistical adjustment.

Political observers often argue that high voter turnout reflects a desire for change, especially in states like Bihar, where elections are deeply influenced by regional loyalties and governance fatigue.

Historical trends support this view.

  • In 2010, when Nitish Kumar’s JDU-BJP alliance registered a landslide win, voter turnout was 52.73%.
  • In 2015, when Kumar allied with Lalu Prasad Yadav’s RJD, turnout rose by over 4%, and the alliance swept the polls.
  • In 2020, after Nitish returned to the BJP fold, turnout climbed slightly to 57.29%, but the JDU’s seat count fell sharply, making it a junior partner.

Now, with 60.13% turnout in 2025’s first phase, the trend may again indicate shifting sentiments—though analysts caution that turnout alone doesn’t determine the outcome.

The first phase covered 121 of Bihar’s 243 constituencies, with the remaining 122 voting on November 11. Some key contests drew widespread attention:

  • Raghopur (Tejashwi Yadav’s stronghold) – recorded 64.01% turnout, up 4.32% from 2020. The seat has a long family legacy, with Lalu Prasad and Rabri Devi having represented it multiple times.
  • Tarapur (Samrat Choudhary – BJP) – witnessed 58.33% turnout, reflecting a competitive fight in this crucial seat.
  • Alinagar (Maithili Thakur – BJP) – drew 58.05% turnout, with the folk singer-turned-politician making her debut.
  • Mokama (JDU) – reported 62.16% turnout, amid controversy following the arrest of candidate Anant Singh.

While high turnout has historically correlated with anti-incumbency in Bihar, exceptions exist. In Chhattisgarh (2008–2013) and Madhya Pradesh (2003–2013), voter participation surged significantly, yet the ruling BJP retained power both times.

Political scientists emphasize that Bihar’s voter dynamics are shaped by caste equations, local issues, and regional leadership, making predictions based solely on turnout premature.

With one more phase of polling scheduled for November 11, the next few days will be crucial. The results, set to be declared on November 14, will determine whether the Mahagathbandhan’s promise of “one government job per household” has struck a chord with voters—or if Nitish Kumar’s alliance still commands enough trust for another term.

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India-Belarus

In a gesture of warmth and diplomacy, Belarusian President Aleksandr Lukashenko has extended a personal invitation to Prime Minister Narendra Modi to visit Belarus. The invitation, conveyed during Lukashenko’s meeting with India’s Ambassador to Belarus, Ashok Kumar, reflects the Eastern European nation’s intent to strengthen its relationship with India across multiple spheres — political, economic, and defence.

A Bond Built on Mutual Respect

President Lukashenko lauded Prime Minister Modi’s leadership, vision, and global influence, calling him one of the most respected leaders on the world stage. He expressed that Belarus would be “honoured” to host Modi, emphasizing that such a visit could mark a new chapter in bilateral engagement.

He also highlighted his personal rapport with the Indian Prime Minister, recalling their interactions at Shanghai Cooperation Organization (SCO) summits and other multilateral forums. According to Lukashenko, these exchanges have paved the way for a deeper understanding and trust between the two nations.

Strengthening Diplomatic and Defence Cooperation

India and Belarus share a robust history of defence collaboration, anchored by their Joint Commission on Military Technical Cooperation. Through this platform, both nations explore avenues for joint research, technology sharing, and defence production.

India’s participation in the upcoming Zapad 2025 war games—involving Belarus and other partner nations—highlights the expanding scope of strategic engagement. Defence analysts view this as a reflection of India’s growing interest in diversifying its partnerships and maintaining balanced international cooperation.

Economic Synergy: Trade, Fertilizers, and Pharmaceuticals

Beyond defence, economic collaboration stands as a major pillar of India-Belarus relations. Belarus remains a key supplier of potash fertilizers, a crucial input for India’s vast agricultural sector. In return, India exports pharmaceuticals, machinery, and IT solutions, showcasing how both economies complement one another.

Experts believe that PM Modi’s visit, if it materializes, could serve as a catalyst for new trade agreements, technology collaborations, and people-to-people exchanges. The potential for a bilateral trade surge—especially in sustainable agriculture and manufacturing sectors—remains strong.

A Diplomatic Gesture With Global Significance

Lukashenko’s invitation comes at a time when both nations are seeking to redefine their global alignments amidst changing geopolitical dynamics. For India, a strengthened bond with Belarus—an ally of Russia and an emerging European economy—offers a strategic foothold in the Eurasian region.

For Belarus, fostering ties with India, one of the world’s fastest-growing economies, brings economic diversification and diplomatic balance.

Belarusian Consul General Highlights Growing Diplomatic Momentum

The Consul General of Belarus in Mumbai, H.E. Mr. Aliaksandr Matsukou, highlighted the significance of the meeting, noting that it reflects the growing momentum in bilateral relations. He stated that the interaction between H.E. Mr. Ashok Kumar, Ambassador of India to Belarus, and Honourable President H.E. Mr. Aleksandr Lukashenko sends a clear message of both countries’ readiness to accelerate mutually beneficial cooperation.

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Indian Stock Market

The Indian stock market closed deep in the red on Tuesday, November 4, as profit booking and weak global cues weighed heavily on investor sentiment. With benchmark indices tumbling across the board, investors collectively lost over ₹2 lakh crore in a single trading session.

The Sensex shed 519 points or 0.62% to close at 83,459.15, while the Nifty 50 ended 166 points lower at 25,597.65. Broader market indices followed suit, with the BSE Midcap falling 0.26% and the Smallcap index declining 0.69%, reflecting widespread selling pressure across segments.

Global Weakness and Profit Booking Weigh on Markets

Tuesday’s slump came amid heavy global selloffs and growing investor anxiety over Wall Street’s inflated valuations—especially within AI and mega-cap tech sectors. Analysts warned that the U.S. markets could be nearing a correction phase, prompting global investors to lock in profits.

Major global indices mirrored this risk-off sentiment. France’s CAC 40, Germany’s DAX, and the UK’s FTSE 100 each fell up to 2%, while South Korea’s Kospi plunged over 2% and Japan’s Nikkei declined more than 1%. Dow Jones futures also slipped close to 1%, adding further pressure to Asian equities.

According to Vinod Nair, Head of Research at Geojit Investments, “Indian equity markets ended lower, tracking weak global cues and broad-based selling across IT, metal, and power sectors. Investor sentiment remained cautious ahead of the holiday-shortened week.”

Sectoral Indices: Metals, IT, and Power Drag Markets Down

The decline was broad-based, with almost every sector facing the heat.

  • Nifty Metal and IT indices fell over 1%, reflecting weakness in global commodity and tech sentiment.
  • Auto stocks slipped nearly 1%, while Nifty Bank and Financial Services lost up to 0.5%.
  • The only pocket of resilience came from Nifty Consumer Durables, which managed a 0.39% gain, supported by festive buying optimism.

Market Movers: Titan, Bharti Airtel, and Bajaj Finance Shine

Among Nifty 50 constituents, only eight stocks managed to close in positive territory. Titan Company, Bharti Airtel, and Bajaj Finance emerged as the top gainers, each rising between 1% and 2%.

On the losing side, Power Grid Corporation, Eternal, and Adani Enterprises declined up to 3%, dragging the indices lower.

Investors Lose ₹2 Lakh Crore in Market Capitalisation

The combined market capitalisation of BSE-listed firms fell from ₹472.5 lakh crore to below ₹470 lakh crore, translating into a ₹2 lakh crore loss in investor wealth. The lack of fresh domestic catalysts compounded by negative global momentum accelerated profit booking across sectors.

Most Active Stocks and Market Breadth

On the NSE, Vodafone Idea (113.6 crore shares), Suzlon Energy (31.7 crore), and YES Bank (13.95 crore) topped the volume charts, highlighting retail participation in mid- and small-cap counters despite the broader selloff.

Out of 4,329 stocks traded on the BSE, 1,622 advanced, while 2,540 declined, and 167 remained unchanged.
Meanwhile, 145 stocks, including SBI, Bharti Airtel, Titan, and Indian Oil Corporation, touched fresh 52-week highs, even as 91 stocks such as Delta Corp, Jindal Saw, and Westlife Foodworld slumped to their 52-week lows.

Outlook: Short-Term Volatility Ahead

Analysts expect volatility to persist as global markets adjust to concerns about overvaluation in tech stocks and possible interest rate shifts. Domestic traders are also likely to remain cautious ahead of the upcoming festival holiday period and fresh macroeconomic data releases.

“Until global clarity improves, Indian markets could continue to see range-bound movement with intermittent selloffs,” said a Mumbai-based fund manager.

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mercor

Meet the 22-Year-Old College Dropouts Who Became the World’s Youngest Self-Made Billionaires
At just 22 years old, Brendan Foody, Adarsh Hiremath, and Surya Midha have done what most can only dream of — join the billionaire ranks before finishing college. The trio behind Mercor, an AI-powered recruitment startup, have officially become the world’s youngest self-made billionaires, surpassing Mark Zuckerberg’s record by a year. Their company recently hit a staggering $10 billion valuation following a $350 million funding round, as reported by Forbes.

From School Friends to Startup Founders
The story of Mercor’s founders traces back to Bellarmine College Preparatory in San Jose, where Hiremath and Midha met as debate partners. Their shared passion for innovation and technology eventually brought them together with Foody, whom they met at Georgetown University. What started as academic collaboration soon evolved into a vision that would transform the recruitment landscape through artificial intelligence.

The Leap of Faith: Dropping Out to Build a Dream
While most of their peers were preparing for finals, these three took a leap of faith. Hiremath, of Indian origin, left Harvard University, where he was studying computer science. Midha, majoring in international relations at Georgetown, and Foody, an economics student at the same university, both decided to drop out when Mercor began gaining traction. “If I weren’t working on Mercor, I would have just graduated college a couple of months ago,” Hiremath told Forbes. “My life did such a 180 in such a short time.”

The Power of the Thiel Fellowship
All three founders are Thiel Fellows, recipients of billionaire Peter Thiel’s $100,000 grant that supports young entrepreneurs who choose to forgo traditional education to pursue groundbreaking ideas. The fellowship gave them not only financial backing but also access to mentorship, resources, and a global network of innovators — accelerating Mercor’s path from a dorm-room project to a multi-billion-dollar company.

Mercor’s Vision: AI Meets the Hiring World
Mercor’s mission is simple yet revolutionary — use AI to redefine how companies hire talent. The platform leverages advanced machine learning to match job seekers with employers based on skillsets, performance patterns, and behavioral data. Its algorithm can assess compatibility faster and more accurately than conventional recruitment models, saving companies time and money while expanding opportunities for candidates worldwide.

The startup’s approach has been hailed as a game-changer in a post-pandemic world where hiring efficiency and remote talent pools dominate corporate priorities. With major venture capital firms backing its recent round, Mercor is positioning itself as the “OpenAI of recruitment.”

Surpassing Zuckerberg: The New Face of Gen Z Billionaires
By achieving billionaire status at 22, the Mercor founders have outpaced Mark Zuckerberg, who joined the club at 23 after Facebook’s early success. Their story is part of a broader shift in Silicon Valley — one where Gen Z entrepreneurs are challenging norms, experimenting with bold ideas, and leveraging AI as their central growth engine.

The rise of Foody, Hiremath, and Midha also follows a growing trend of young innovators reshaping the tech industry, joining names like Shayne Coplan of Polymarket and Alexandr Wang of Scale AI. But unlike others, the Mercor trio’s journey stands out for its collaborative spirit — three minds working as one, building an empire from a shared belief in the power of technology to connect people and opportunity.

What’s Next for Mercor and Its Founders
With a $10 billion valuation and a fresh influx of capital, Mercor plans to scale its AI hiring solutions globally, targeting both enterprise clients and emerging startups. Insiders say the company is developing a next-gen conversational AI layer that will enable recruiters to interact with the system naturally, further automating the hiring process.

As for the trio, they’ve shown no sign of slowing down. For them, Mercor isn’t just a business — it’s a movement. Their vision echoes a new era of entrepreneurship where youth, technology, and courage converge to rewrite what success looks like.

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Delhi air quality

Delhi’s Air Quality Deteriorates to ‘Very Poor’ as Wind Stagnation Chokes Pollution Dispersion
The national capital woke up to a blanket of haze on Saturday morning as pollution levels surged, pushing Delhi’s Air Quality Index (AQI) to 386, marking a sharp rise from 303 the previous day. With weak northwesterly winds and low ventilation rates, the smog trapped over the city has led to yet another spell of suffocating air — one that shows little sign of immediate relief.

Slow Wind Speeds Hamper Dispersion of Pollutants
According to the Air Quality Early Warning System (AQEWS), wind speeds in the national capital region fell below 8 kmph during the evening and night hours. This drastic slowdown, combined with a ventilation index below 6,000 m²/s, created an environment highly unfavorable for pollutant dispersion. When winds weaken and the air stagnates, suspended particulate matter such as PM2.5 and PM10 remain concentrated close to the ground, worsening breathing conditions across the city.

AQI Enters ‘Very Poor’ Category, Some Zones Hit ‘Severe’ Levels
Out of Delhi’s network of monitoring stations, seventeen reported ‘severe’ air quality with AQI readings above 400. Wazirpur emerged as the worst-hit locality, recording an alarming AQI of 439, while twenty other stations showed ‘very poor’ air quality above 300. Experts caution that prolonged exposure to such conditions can trigger respiratory distress, particularly among vulnerable groups including children, the elderly, and individuals with pre-existing heart or lung ailments.

Understanding the AQI Scale
India’s air quality is assessed on a scale of 0 to 500, where 0–50 is considered ‘good’, 51–100 ‘satisfactory’, 101–200 ‘moderate’, 201–300 ‘poor’, 301–400 ‘very poor’, and 401–500 ‘severe’. The current reading of 386 places Delhi’s air in the ‘very poor’ category, signaling that pollutants are now concentrated at levels hazardous for prolonged outdoor exposure.

Weather Conditions Offer Little Respite
Meteorological data from the India Meteorological Department (IMD) indicated a minimum temperature of 16.8°C, about 1.5°C above the seasonal average, with morning humidity hovering around 79%. The combination of mild temperatures, high moisture content, and sluggish air movement has effectively capped pollutants close to the surface. The IMD forecasts mainly clear skies during the day and shallow fog at night, with the maximum temperature likely to touch 31°C — conditions that may prolong poor visibility and worsen respiratory discomfort.

Experts Warn of Continued Smog till November 4
Environmental scientists have expressed concern that Delhi’s air quality will remain in the ‘very poor’ range until November 4, unless wind speeds pick up or there is a change in atmospheric conditions. The stagnant weather pattern is also being compounded by ongoing emissions from vehicular traffic, construction dust, and post-harvest stubble burning in neighboring states.

The Broader Picture: Seasonal Smog Returns to Delhi-NCR
Every year, as winter sets in, Delhi faces the challenge of air stagnation and particulate buildup. Reduced wind flow and lower temperatures trap pollutants near the ground, creating a toxic layer of haze. While authorities continue to enforce measures such as construction bans, traffic restrictions, and smog towers, experts emphasize that long-term solutions require region-wide coordination, stricter emission controls, and a shift toward cleaner fuel and transport systems.

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Blackrock

BlackRock’s $500 Million Loan Fraud: Inside the Alleged Scam by Indian-Origin CEO Bankim Brahmbhatt
In what is being described as one of the most elaborate loan frauds in recent years, global investment giant BlackRock has reportedly lost over $500 million through its private-credit arm in a scheme allegedly masterminded by Bankim Brahmbhatt, an Indian-origin CEO of telecom firms Broadband Telecom and Bridgevoice. The allegations, detailed in a Wall Street Journal investigation, reveal a sprawling web of fabricated invoices, falsified customer accounts, and offshore fund transfers that left several major lenders blindsided.

The Alleged Scheme: Fake Invoices and Phantom Clients
According to court filings in the United States, Brahmbhatt’s companies created a façade of financial stability through invented invoices and fictitious accounts receivable that were used as collateral for multi-million-dollar loans. These paper assets painted an illusion of thriving business operations, enabling the companies to secure increasing sums from lenders like BlackRock’s HPS Investment Partners. The lawsuit, filed in August 2025, alleges that funds were quietly routed offshore to India and Mauritius, leaving behind hollow books and unpaid debts amounting to half a billion dollars.

Timeline of the Loan Expansion
HPS Investment Partners began lending to Brahmbhatt-linked firms in September 2020, initially investing $385 million, and later expanding the credit line to nearly $430 million by August 2024. French banking major BNP Paribas, one of Europe’s largest lenders, co-financed almost half of the total amount through Carriox Capital and its affiliated entities. BNP Paribas has so far declined public comment on its involvement in the financing.

Red Flags Emerge: The Discovery of Email Fraud
The first signs of trouble appeared in July 2025, when an HPS employee noticed irregularities in email domains used to verify invoices. The addresses, upon inspection, were linked to fake websites mimicking legitimate telecom companies. Subsequent checks revealed that many of the supposed client communications were completely fabricated. When approached, Brahmbhatt dismissed the concerns and soon became unresponsive to calls and emails.

A team from HPS later visited the company’s registered office in Garden City, New York, only to find it locked and deserted. Witnesses confirmed that no employees had been seen for weeks, while several luxury vehicles—including BMWs, a Porsche, and a Tesla—were found parked at Brahmbhatt’s residence, suggesting a sudden disappearance amid financial chaos.

Investigation and Legal Fallout
Following the revelations, BlackRock and other affected lenders hired Quinn Emanuel, a leading U.S. law firm, along with accounting firm CBIZ, to conduct a forensic review. Their investigation revealed a complete fabrication of client communications over two years. Every customer email submitted for invoice verification was fraudulent, and several contracts allegedly dated as far back as 2018 were forged.

One example involved BICS, a Belgian telecom company. In July, BICS’s security department confirmed in writing that it had no affiliation with the emails or transactions presented by Brahmbhatt’s companies—labeling them an unequivocal fraud attempt.

Impact on BlackRock and the Global Lending Ecosystem
The alleged fraud comes at a critical time for BlackRock, which had only recently expanded its footprint in the private-credit market through the acquisition of HPS Investment Partners. The incident underscores the growing risks in private lending, where rapid expansion and reliance on third-party audits may leave room for manipulation. While BlackRock is now pursuing recovery through litigation, the scandal has raised concerns about due diligence and accountability in the high-yield credit space.

Financial Forensics Point to Offshore Transfers
Court filings indicate that Brahmbhatt’s network of companies had systematically transferred funds offshore, particularly to India and Mauritius, to obscure the paper trail. Authorities are now tracing these movements in collaboration with international financial regulators, as the case could evolve into one of the largest private-lending frauds in recent U.S. history.

Industry Response and Lessons for Investors
The scandal has sent ripples across the global investment community, prompting renewed scrutiny of invoice-based lending models. Experts argue that the case could drive a shift toward real-time verification systems and enhanced transparency in private credit markets. As regulators tighten their watch, investors are likely to demand more stringent audits before approving billion-dollar credit lines to mid-sized corporate borrowers.

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