Latest Forbes News & Updates

New York, May 6 (IANS) Vivek Ramaswamy, the billionaire entrepreneur backed by President Donald Trump has won the Republican Party primary to become its candidate for Ohio governor, defeating an opponent who tormented him with racist propaganda.Winning 87 per cent of the votes, Ramaswamy dealt a decisive defeat to Casey Putsch, and in the November general election, will face Democrat Amy Acton, who ran unopposed for her party’s nomination.Ramaswamy initially ran against Trump for the Republica…

Bengaluru, April 24 (IANS) The 97th birth anniversary of legendary Kannada cinema icon Dr Rajkumar is being observed on Friday across Karnataka with reverence and enthusiasm, with major events planned at Kanteerava Studio in Bengaluru, where he is laid to rest.Family members are scheduled to offer special prayers at Dr Rajkumar’s memorial at the studio. The state government will also pay its respects, with an official programme being organised by the Department of Information and Public Relati…

Washington, April 8 (IANS) A social media post by Pakistan’s Prime Minister Shehbaz Sharif urging US President Donald Trump to delay military action against Iran triggered a storm of controversy after users spotted what appeared to be a drafting error suggesting external authorship. The controversy centres on Sharif’s post on X, where he appealed for a two-week extension to allow diplomacy in the West Asia conflict. Shortly after it was published, users circulated screenshots of the post’s…

New Delhi, April 5 (IANS) Nepal’s first billionaire, Binod K Chaudhary, has said that Bangladesh and Nepal could strengthen economic ties in energy and cross-border trade, with closer regional cooperation involving India.”We would like to enter into a much bigger economic engagement with Bangladesh, but without India playing a positive role, that’s not going to happen,” Chaudhary said on Saturday at a press conference organised by the International Chamber of Commerce Bangladesh (ICCB) in Dhaka,…

Kathmandu, March 8 (IANS) Nepal’s only billionaire, Binod Chaudhary, a candidate from the Nepali Congress, suffered a humiliating defeat in the country’s parliamentary elections at the hands of Rastriya Swatantra Party candidate Bikram Khanal in the Nawalparasi West-1 constituency.Khanal secured 45,241 votes to win the election, defeating Chaudhary, who received 9,502 votes, according to the Election Commission of Nepal. Chaudhary joins a long list of candidates from traditional political part…

New Delhi, Feb 3 (IANS) US President Donald Trump’s posts on a social media platform called Truth Social, announcing an immediate tariff cut from 25 to 18 per cent and heralding a trade deal with India raised much furore back home on Tuesday. Truth Social, launched in February 2022 by Trump Media & Technology Group (TMTG), has become the United States President’s primary megaphone for politics and policy. Initially dismissed as a “Twitter clone”, Trump’s relentless use of the platf…

Mumbai, Jan 19 (IANS) Bollywood singer Neha Kakkar on Monday announced that she is taking a break from her personal and professional commitments, citing the need to step away from responsibilities, relationships, and work. She took to her Instagram stories section, where she shared a note, which read: “Time to take a break from Responsibilities, Relationships, Work and Everything I can think of right now. Not sure if I’ll be back or not. Thank you (sic).”She then requested the shutterbugs …

New Delhi, Jan 6 (IANS) The US capture of Venezuelan President Nicolas Maduro has raised questions about how the resulting political instability could affect China’s significant economic interests there, as it is Venezuela’s largest creditor and, by far, its largest buyer of oil, accounting for more than 80 per cent of crude exports, according to a new report.Before his capture by the US, Maduro met Qiu Xiaoqi, China’s special representative for Latin American Affairs, at the Miraflores Pres…

New Delhi, Dec 31 (IANS) Tesla and SpaceX CEO Elon Musk’s xAI company has purchased a third building near its existing Memphis sites in the US, that will bring its artificial intelligence (AI) computing capacity to almost 2 gigawatts (GW).Elon Musk has already built one data centre in Memphis, known as Colossus, and is constructing a second centre nearby dubbed Colossus 2, according to multiple reports.The newly acquired building is in Southaven, Mississippi, and adjoins the Colossus 2 facilit…

Los Angeles, Dec 30 (IANS) Pop icon Beyonce has entered the billionaire club. The 44-year-old singer is following in the footsteps of Jay Z, her husband, as well as Taylor Swift, Rihanna, and Bruce Springsteen. Beyonce founded her own entertainment company, back in 2008, and the business “manages her career and produces all of her music, documentaries and concerts, fronting most of the production costs in order to capture more of the back-end economics”, reports ‘Female First UK’.She has bec…