NEW DELHI: The Indian Air Force (IAF) on Thursday marked the historic air operations carried out on December 5, the third day of the 1971 war, underscoring how air power proved decisive in shaping the conflict’s outcome and paving the way for India’s victory and the creation of Bangladesh.In a post on X, the IAF recalled its strike on the Sakesar radar station, which crippled Pakistan’s key western air defences for two days.“On the third day of the 1971 war, the IAF was everywhere the enemy looked — and many places where they didn’t expect. Hunters tore through Drigh Road and Karachi, smashing storage hangars. Canberras kept up relentless pressure, delivering 1,44,000 lbs of ordnance across four major airfields,” the post said.The IAF added that 132 missions were flown on the western front, with An-12s and Canberras “raining devastation on enemy concentrations.” On the eastern front, with the Pakistan Air Force effectively grounded, 104 offensive sorties by the IAF cleared the way for the Indian Army’s rapid march into East Pakistan, ultimately leading to the birth of Bangladesh.It also recalled the legendary Battle of Longewala, fought from December 4 to 7, 1971, in Rajasthan’s Longewala sector, where heavily outnumbered Indian troops held their ground against a major Pakistani assault — a defence in which the IAF also played a crucial role.“Four Hunters rewrote history — shattering an enemy armoured thrust and leaving 27 tanks destroyed and 10 more damaged. Jaisalmer stood safe because air power arrived when it mattered,” the post highlighted.The 1971 India–Pakistan war began on December 3 with Pakistan launching pre-emptive strikes on Indian air bases amid the Bangladesh Liberation War in East Pakistan. The conflict ended on December 16 with Pakistan’s defeat, the surrender of 93,000 troops — the largest military capitulation since World War II — and the emergence of Bangladesh as an independent nation.

Gulf Giants defeated MI Emirates by six wickets in their opening match of ILT20 Season 4 at Dubai International Stadium, powered by Pathum Nissanka‘s explosive 81 runs off 42 balls and Azmatullah Omarzai‘s all-round performance, ending their six-match losing streak at the venue.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!The Giants’ bowling attack effectively contained MI Emirates to 163/6 in 20 overs, with Omarzai and Nuwan Thushara each claiming two wickets. MI Emirates lost three early wickets during the powerplay.Kieron Pollard and Nicholas Pooran stabilised the MI Emirates innings with a 78-run partnership, with Pollard scoring 50 off 33 balls and Pooran contributing 46 off 39 balls.

Romario Shepherd’s quick 18 runs off 6 balls and Rashid Khan’s 6 runs off 1 ball provided a late boost to MI Emirates’ total.The Giants’ chase faced early challenges when Chris Woakes dismissed Rahmanullah Gurbaz and Gerhard Erasmus cheaply. However, Nissanka and Moeen Ali steadied the innings with a partnership that took the team to 67 runs.Nissanka reached his half-century in 30 balls, while Omarzai launched an aggressive attack against Rashid Khan, scoring 23 runs in a single over.The Giants successfully reached their target in 14.4 overs, with Omarzai remaining unbeaten on 39 off 16 balls. MI Emirates’ bowling struggled as four of their five bowlers conceded more than 10 runs per over.“It’s a great performance. The toss was huge. We bowled very well in the first 10 overs. They have three players who can take it away, and we held them back nicely, and then Nissanka and Omarzai were incredible. Nissanka is a brilliant player. He is one of the best in the world. He is very calm, doesn’t say much, but packs a punch. Omarzai gave us the momentum to finish the game by taking on Rashid Khan,” said stand-in captain Moeen Ali.“Losing three wickets in the powerplay, and having to rebuild, we were short in the first innings. The ball was moving around quite a bit in the first 10 overs, and we couldn’t finish it off as well as we wanted. We just need to be better in terms of execution,” said MI Emirates captain Kieron Pollard.The Giants’ early bowling success included Thushara dismissing Mohammed Waseem and Jonny Bairstow, while Omarzai removed Tom Banton in the third over.Nicholas Pooran and Tajinder Singh attempted to rebuild with a 27-run partnership before Moeen Ali dismissed Tajinder, leaving MI Emirates at 58/4 in 10 overs.Brief Scores

Asian stocks traded mixed on Friday, following a muted pattern on Wall Street as the latest US economic data left investors with little clarity about Federal Reserve’s plans for interest rate cuts nex week.Hong Kong’s HSI was down 63 points or 0.24% reaching 25,872. Nikkei also trimmed its gains, falling 702 points to trade at 50,326. Meanwhile, Shanghai and Shenzhen gained 0.08% and 0.39%, reaching 3,878 and 13,057 points, respectively. In South Korea, Kospi gained 0.99% gains at 9:50 AM IST, rising to 4,068 points. Recent market gains, lifted by comments from central bank officials signalling possible monetary easing, have stalled amid mixed economic signals. Payrolls firm ADP reported that over 30,000 jobs were lost in November, reinforcing signs that the US labour market is softening. Thursday’s figures on jobless claims and layoffs were slightly better than expected, yet markets remain highly confident of a rate cut at the Fed’s Wednesday meeting, with probabilities hovering around 90%. All eyes are now on the personal consumption expenditures (PCE) index, the Fed’s preferred inflation measure, due later on Friday. Analysts expect that a below-forecast reading could strengthen hopes for additional rate reductions in 2026. Data on income and consumer spending is also set for release. Wall Street ended the session on a muted note, with the S&P 500 and Nasdaq posting small gains, while the Dow slipped marginally.Back in Asia, the focus will be on RBI’s monetary policy announcement, whre the apex bank might announce a rate cut. According to a Bloomberg survey that included 44 economists, the interest rates might go down a quarter point to 5.25%.

Godfather of AI Geoffrey Hinton is back with another prediction of AI. Hinton believes that AI will lead to massive unemployment. Recently, Nvidia CEO Jensen Huang said that AI will not lead to mass layoffs, but it will transform the nature of various jobs. On the other hand, Bill Gates feels that humans may soon not be needed “for most things,” while Elon Musk believes most people won’t have to work at all within 20 years. But Godfather of AI feels that all these predictions are overlooking one major reality that AI may cause economic upheaval which may lead to mass unemployment.

Geoffrey Hinton’s warning: Jobs at Risk

As reported by Fortune, speaking at the Georgetown University along with Bernie Sanders, Hinton said that the rise of AI could leave millions of workers behind. “It seems very likely to a large number of people that we will get massive unemployment caused by AI,” he said.

Hinton further noted that the tech giants are busy investing trillions in data centres and chips and are heavily betting on AI systems which can replace human labor at lower cost. Hinton has become increasingly vocal about what he sees as Big Tech’s misplaced priorities, arguing that the industry is driven more by short-term profits than scientific progress.

Economics of AI under scrutiny

The financial realities of AI are also becoming a cause of concern. ChatGPT creator OpenAI is not expected to turn a profit until at least 2030 and may need more than $207 billion to sustain growth, according to HSBC estimates.Godfather of AI, who left Google in 2023 in order to speak freely about the risks of AI. He warned that AI will lead to new job creation but it will not offset the scale of losses. “Trying to predict the future of it is going to be very difficult,” he said, likening the uncertainty to driving in fog.

Job and humanity at risk

Same has Bill Gates, Bernie Sanders also echoed the warnings from tech leaders including Tesla CEO Elon Musk and Anthropic CEO Dario Amodei that AI could displace millions of jobs. “If I’m a factory worker today, if I’m working in an office, how am I going to feed my family? How am I going to pay the rent? Who is talking about that?”Sanders also raised concerns about AI’s impact on human relationships, noting that teenagers increasingly rely on AI companions. “If kids today have AI as their best friends… what kind of change does that mean for humanity?”Sanders also warned about the cooperation between AI companies and the U.S. military could erode privacy. “How far away are we from a small number of people having access to the email that you’ve sent out, every phone call that you’ve been on, really every aspect of your life? We’re not far.”While Gates and Musk envision a future where humans are freed from work, Hinton insists the conversation must also address the social and economic consequences of mass displacement.

TOI Correspondent from Washington: In a move that deepens the environmental divide between the United States and much of the world—particularly fast-growing green economies such as China and India—US President Donald Trump on Wednesday announced a sweeping rollback of American fuel-economy standards. The decision, experts say, effectively shifts a significant portion of the global decarbonisation burden onto other nations at a time when developing countries are accelerating the transition to electric mobility and renewable energy.At a White House meeting flanked by the CEOs of Ford and Stellantis, Trump dismissed longstanding US climate commitments under the Obama and Biden administrations as a “green new scam” and slashed Corporate Average Fuel Economy (CAFE) targets from 50.4 miles per gallon (mpg) by 2031 to just 34.5 mpg—returning to levels last seen in 2022. The rollback builds on the earlier Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule, which had already replaced Obama-era efficiency gains of roughly 5% annually with a lenient 1.5% requirement.

Analysts warn the regulatory retreat locks the US into greater petroleum dependence throughout the next decade, ensuring American drivers consume billions of additional barrels of oil and emit hundreds of millions of tonnes of avoidable carbon dioxide. This stands in sharp contrast, they note, to rapid clean-energy transitions underway across Asia, where developing economies are outpacing the US in electric-vehicle production, adoption and renewable-energy deployment.Trump framed the rollback as a win for workers and consumers, calling previous standards “ridiculously burdensome” and costly. Backed by automakers that have lagged in the global EV race, the administration argued that stringent rules forced companies to integrate expensive technologies, raising sticker prices for new cars. By easing compliance, the White House said, automakers would be able to offer cheaper, newer and safer fuel-powered vehicles. The administration also cast older standards as part of what it claimed was an overzealous national push toward electric vehicles. “It’s a quest to end the gasoline-powered car,” Trump said, hailing the reversal as a repudiation of the “Green New Scam.”For China and India, the US decision is both a geopolitical setback and a source of frustration. Between them, the two countries—home to nearly a third of the global population—have made major strides in renewable expansion and electrified transport, often surpassing expectations under the Paris Agreement.China remains the world’s undisputed EV leader, whupping U.S in the field despite Elon Musk’s effort. It sold more than 11 million electric vehicles in 2024—a 40% surge—with 2025 projections showing EV sales poised to overtake internal combustion engines for the first time. The country added 510 gigawatts of renewable capacity in 2024 alone, while wind and solar generation climbed to 2,073 terawatt-hours as of mid-2025. China invested $625 billion in clean energy in 2024—31% of the global total—achieving its 2030 renewable targets six years early. India, on its part, is expanding renewables at an even faster clip than China. With annual clean-energy growth of 16%, New Delhi is on track to double renewable capacity to about 360–380 GW by 2030. It added 17 GW of solar capacity last year and is pushing toward a 500 GW non-fossil target. EV sales crossed two million units in 2024, largely driven by two-wheelers that are helping cut pollution in cities such as New Delhi, which again made international headlines this week for hazardous air quality.Globally, the US reversal is widely viewed as climate indulgence—prioritising short-term domestic cost savings over long-term planetary stability. Even within the US, several states criticised the move. Washington State Senator Maria Cantwell called it “short-sighted,” warning it would worsen pollution, undermine public health and stall job growth in clean-tech industries.Analysts say the rollback sends a clear geopolitical signal: by resisting domestic climate action, Washington is effectively shifting a disproportionate share of global emissions-reduction responsibility onto developing nations that are already bearing the brunt of climate-related disasters. For countries balancing economic growth with severe pollution challenges, the US stance is viewed as strategic abandonment by the world’s largest historical emitter—one that risks widening the global climate gap at a critical moment.

Jacob Duffy, the New Zealand fast-medium bowler, has registered his name in the INR 2 crore base price category for the IPL 2026 mini-auction. Duffy is in spectacular form, having recently achieved a maiden five-wicket haul (5/34) in his first Test match on home soil against the West Indies in Christchurch, putting New Zealand in a commanding position.

Duffy is known for his consistency, ability to swing the new ball, and exceptional wicket-taking skills, boasting a T20I average of 17.06  with 53 wickets. He is particularly effective in bowling the tough overs at the death in New Zealand’s domestic T20 competition. His proven quality makes him a prime target for teams needing a reliable overseas fast bowler. Duffy’s consistency, ability to swing the new ball, and demonstrated high-impact wicket-taking ability across formats make him a prime target for franchises seeking a reliable overseas fast bowler, willing to overlook his previous focus on red-ball cricket to acquire a player in such blistering form.

IPL 2026: 5 franchises that can target Jacob Duffy in the Indian Premier League mini-auction

1. Mumbai Indians (MI)

Mumbai Indians enter the auction with the smallest purse of ₹2.75 crore and only one crucial overseas slot to fill. This limited budget forces them to target a single, high-impact overseas player whose acquisition can be managed within their financial constraints. Given Duffy’s ₹2 crore base price, he is one of the few high-quality overseas players MI can realistically target and afford. His recent five-wicket haul demonstrates his class and ability to perform in high-stakes situations. He provides the new-ball threat and reliability MI needs to maximize their limited overseas budget, making him an immediate and high-value addition.

2. Chennai Super Kings (CSK)

Chennai Super Kings (CSK) hold the second-largest purse of ₹43.40 crore and have four overseas slots to fill. After releasing several pacers, including Matheesha Pathirana, CSK is in critical need of overseas fast bowling reinforcements. While they value death-overs specialists, Duffy offers the valuable alternative of consistent control and swing in the powerplay. CSK values players who perform reliably in high-pressure matches, and Duffy’s recent Test fifer reinforces his big-match temperament. Their massive budget allows them to bid aggressively for Duffy to easily secure a reliable pace option to balance their reconstructed bowling attack.

3. Rajasthan Royals (RR)

Rajasthan Royals (RR) have a purse of ₹16.05 crore and need to fill nine slots, including one crucial overseas slot. RR released several key players and needs a dependable overseas fast bowler who can partner their retained Indian pacers. Duffy, with his right-arm fast-medium pace, provides the perfect combination of swing and control. His consistent wicket-taking ability and, more recently, his stellar performance in Test cricket make him an attractive option for a team looking for a specialist overseas bowler to bolster their core bowling unit, allowing their all-rounders to focus on their primary roles.

Also READ: IPL 2026: 5 franchises that can target Anrich Nortje in the mini-auction

4. Royal Challengers Bengaluru (RCB)

RCB has a purse of ₹16.40 crore and two overseas slots left to fill. Having released pacers like Lungi Ngidi, RCB needs a quality overseas pacer to back up their retained fast bowler, Josh Hazlewood. Duffy is an excellent candidate who offers a different style of right-arm fast-medium bowling that can thrive on Indian pitches. His reputation as a reliable new-ball bowler and his recent red-ball heroics indicate he is in peak form. His reasonable base price means RCB can secure him without committing a massive portion of their budget, keeping funds available for their priority targets (like Renuka Singh Thakur via RTM or an overseas all-rounder).

5. Delhi Capitals (DC)

Delhi Capitals (DC) have a solid purse of ₹21.80 crore and five overseas slots to fill. DC’s bowling attack has often lacked a high-quality overseas pacer who can deliver consistently without being overly expensive. Duffy provides a strong, proven overseas option to balance their pace attack. His ability to take wickets and maintain a good economy rate would offer vital support to their retained Indian bowlers. DC will see Duffy’s current form as a golden opportunity to acquire a high-ranking, specialist pacer for a base price of ₹2 crore, adding much-needed depth and quality to their fast-bowling unit.

Also READ: IPL 2026: 5 teams that can target Shai Hope in the Indian Premier League auction

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade ahead of the RBI policy. While Nifty50 was above 26,000, BSE Sensex was around 85,250. At 9:18 AM, Nifty50 was trading at 26,037.90, up 4 points or 0.016%. BSE Sensex was at 85,243.19, down 22 points or 0.026%.Nifty managed a slight uptick on Thursday, breaking a four-day declining streak, though upside remained limited due to continued foreign investor outflows and the rupee touching historic lows. Experts anticipate a period of sideways movement.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “Today the market focus will be on the monetary policy. More important than the rate action, which is very tricky in the context of low inflation, high growth and depreciating rupee, the market will be keen to know what the governor says about the emerging macro trends. RBI’s action on the liquidity front will be keenly watched. If there is a rate cut, that will be the last cut in this rate cutting cycle. A rate cut in the present context will be negative for banks since it will impact their NIMs and ability to mobilise deposits. On the contrary, a rate cut will be positive for rate sensitives like autos and real estate. If there is no rate cut, banking stocks will rally.”“Rupee’s sharp recovery yesterday to 89.97 from the low of 90.42 is signalling some sort of stability in the currency market. The RBI governor’s views on the rupee today will significantly influence the near-term direction of the currency.”US stocks finished largely flat on Thursday as investors assessed labour market reports and additional economic indicators, whilst market sentiment remained buoyed by expectations of a Federal Reserve rate reduction next week.Regional Asian shares declined in early deals following an uninspiring US session that impacted technology shares and bonds, as attention shifted to upcoming US inflation figures on Friday.WTI oil prices approached weekly gains of nearly 2% during early Friday trading. The rise was supported by anticipated Federal Reserve interest rate reductions, heightening US-Venezuela tensions and halted peace negotiations in Moscow.Gold prices maintained stability on Friday, with increasing US Treasury yields counteracting benefits from a weakening dollar. Markets awaited US inflation data later in the day to understand the Federal Reserve’s policy direction before next week’s meeting.Foreign portfolio investors sold shares worth Rs 1,944 crore net on Thursday. Meanwhile, DIIs were net purchasers at Rs 3,661 crore.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)

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AUS vs ENG Live Score, 2nd Ashes Test Day 2: Joe Root finally broke one of Test cricket’s most scrutinised barriers, smashing his maiden century in Australia to lift England from disaster to respectability on Day 1 of the second Ashes Test at the Gabba. Arriving at 5/2 after Mitchell Starc tore through the top order, Root responded with an authoritative unbeaten 135 that guided England to 325/9 at stumps.

On his fourth Ashes tour, the 34-year-old silenced critics who argued he could not join cricket’s elite without a hundred Down Under. Zak Crawley supported him with a gritty 76 in a 117-run stand, later calling Root “the best player I’ve ever played with or against.”

But the day also belonged to Mitchell Starc, who claimed 6-71 and overtook Pakistan legend Wasim Akram to become the most prolific left-arm fast bowler in Test history with 418 wickets. Starc humbly responded, “Wasim’s still the pinnacle,” even after breaking the record. His two early strikes — Ben Duckett for a golden duck and Ollie Pope bowled — gave Australia a dream start under lights.

Late fireworks came from No. 11 Jofra Archer, who smashed 32 off 26 balls, including two towering sixes, to set a new England 10th-wicket partnership record at the Gabba with Root.

In a shock move, Australia dropped off-spinner Nathan Lyon for seamer Michael Neser, marking their first home Test without a frontline spinner in almost 14 years. England’s tempered approach after their collapse in Perth helped them survive the evening session, leaving the contest delicately poised.