Democrats are accusing US President Donald Trump of corruption after documents disclosed major stock transactions conducted in his name, including millions worth of Nvidia shares tied to advanced AI chips. Senator Elizabeth Warren says the timing is troubling, especially amid allegations Trump lobbied China’s Xi Jinping during a trip that included Nvidia CEO Jensen Huang. Eric Trump denies wrongdoing, saying the family’s assets sit in a blind trust. The disclosed deals total over $200 million and name companies such as Amazon and Apple.
Bengaluru stock trading startup Sahi has secured $33 million from Accel and Elevation, valuing it at $200 million. Founded in 2023, the firm already serves 400,000 demat accounts and routes 3% of daily trades. The new capital will expand into margin trade funding, commodities, and mutual funds, with AI planned to support client decision making.
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A 26-year-old ICICI Bank relationship manager in Kota, Rajasthan, has been arrested for allegedly stealing Rs 4.58 crore from customers, including senior citizens, between 2020 and 2023. Investigators say she broke FDs, created overdrafts and personal loans, and manipulated bank systems and customer details to hide funds used for speculative F&O trading.
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