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Blocking Gamestop trades Robinhood faces class action lawsuit

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Stock Market Class Warfare Leads To Class Action Suit | Diya TV News

WASHINGTON (Diya TV) — Lawmakers on both sides of the aisle are calling out stock market trading app Robinhood, among others after restrictions kept customers from buying certain stocks like Gamestop and AMC Theaters. Shares in those companies both surged after retail investors organized online. Democratic Congressman Ro Khanna called for more regulation and equality in financial markets in response to Robinhood’s decision. And Republican Senator Ted Cruz put out a tweet saying let the people trade. After markets closed, Robinhood released a statement saying they would once again allow limited buys of these stocks, but only after a class action lawsuit from shareholders was announced.

Surgeon General Vivek Murthy now says the U.S. is trying to stay ahead of the mutating coronavirus which has produced a number of potentially more infectious variants of Covid-19. The Indian American doctor says that people need to double down on masking up and avoiding indoor gatherings. He also called for an emphasis on more testing and contact tracing methods.

India’s farmers continue to protest saying the government’s new agricultural laws will hurt their livelihoods and profits. But the International Monetary Funds top economist says,  it will actually increase their incomes. Gita Gopinath came out with this bold assessment this week, but also says there needs to be a social safety net for farmers and more reforms are needed, including better infrastructure. However farm leaders say they will not settle for anything less than a complete repeal of the laws.

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Kashmiri separatist leader Yasin Malik guilty on terror charges

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Kashmiri separatist leader Yasin Malik guilty on terror charges | Diya TV News

SAN FRANCISCO (Diya TV) — Radical separatist leader Mohammad Yasin Malik is pleading guilty in a terror funding case. The court said Malik had set up an elaborate structure and mechanism across the world to raise funds for carrying out unlawful activities in Jammu and Kashmir in the name of “freedom struggle” for Muslims. The blockbuster movie The Kashmir Files is based in part off Malik’s efforts to cleanse Kashmir of Hindus.

Indian-American Arun Venkataraman was sworn in as the Assistant Secretary of Commerce for Global Markets and Director General of the US and Foreign Commercial Service for the International Trade Administration. He was appointed by President Biden and lead more than 1400 people.

Six-year-old Indian American Kiara Kaur has become the youngest keynote speaker to address any World Expo, prompting World Book of Records in London to acknowledge this as a world record.

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Sri Lankan Prime Minister Rajapaksa resigns

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Sri Lankan Prime Minister Rajapaksa resigns | Diya TV News

COLOMBO (Diya TV) — Sri Lanka is plunging into chaos. The country’s Prime Minister Mahinda Rajapaksa resigned Monday following weeks of protests demanding he and his brother who is the president, step down over the country’s worst economic crisis in decades. The resignation comes after authorities deployed armed troops in the capital following an attack earlier in the day by government supporters on protesters.

White House Coronavirus Coordinator Dr. Ashish Jha and the Biden administration are requesting another $22.5 billion in Covid funding. But critics like
Indian American Doctor Marty Makary say it will likely be wasted on another vaccine that has not been disclosed, studied, or authorized by the FDA.

The US-India Strategic Partnership Forum held its West Coast Summit in San Francisco, featuring Congressman Ro Khanna and former Cisco CEO John Chambers, along other influential leaders in tech and politics.

Ravi Kapur contributed to this report.

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Indian & Dutch ambassadors trade barbs over Ukraine

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Indian, Dutch ambassadors trade barbs over Ukraine | Diya TV News

NEW YORK (Diya TV) — India is rebuking the Netherlands after one of the Dutch nation’s ambassador’s criticized the country for abstaining from voting against the Russian invasion. The world’s largest democracy is under pressure to join the West in sanctioning Moscow. But New Delhi wants to keep its options open.

Western Michigan University men’s basketball team has named Indian American Manny Dosanjh as one of the team’s new assistant coaches. Dosanjh played basketball collegiately at Delta College

Indian American Aryan Simhadri will be one of the lead characters in the upcoming “Percy Jackson and the Olympians” series on Disney+. In the lead-up to the series’ casting announcement, fans on social media hoped to see actors of color bringing to life their favorite characters.

Ravi Kapur contributed to this report.

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