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After selling more than half of her Amazon stake, Jeff Bezos’ ex-wife MacKenzie Scott makes another ‘record-setting gift of $42 million’ to …


Jeff Bezos’ ex-wife and philanthropist Mackenzie Scott has donated a record-setting ‘gift’ of $42 million to Elizabeth City State University. The announcement was made by the University Chancellor S. Keith Hargrove, Sr. in his keynote address during the school’s Founders Day Convocation, held earlier this month. The gift was the largest dollar per student enrolled gift of any historically black college and university (HBCU) among Scott’s recent gifts, and almost triple what ECSU received from Scott in 2020. “More importantly, it comes at a pivotal time at the university, as ECSU just launched its five-year strategic plan—ASCEND 2030,” the official announcement reads.“I want to express our deepest gratitude to MacKenzie Scott for this remarkable act of generosity and for her recognition of the critical role that HBCUs play in expanding opportunity and strengthening communities,” said Hargrove, in the university’s announcement. “Her investment affirms what we already know: that institutions like ECSU are powerful catalysts for change.”“Gifts like this do more than provide resources; they accelerate momentum,” Hargrove added. “This gift allows institutions like Elizabeth City State University to move boldly toward the future while remaining grounded in the mission that has guided us for 135 years.”

Mackenzie Scott donates $7.2 billion in 2025

Scott has emerged as one of the fastest large-scale donors in recent years. Since 2019, she has contributed about $26.4 billion to over 2,500 organisations, after selling a major portion of the Amazon shares she received in her divorce. In 2025 alone, her donations reached $7.2 billion — a figure that exceeds the total lifetime giving of several top billionaires, including Elon Musk, Larry Page, Larry Ellison, and even Bezos.

Elon Musk agreed when Scott’s donations called bad

Earlier this month, Y Combinator CEO Garry Tan shared a post on X (formerly Twitter), calling Mackenzie Scott’s donations ‘bad’. Garry Tan argued that her lack of oversight fosters mismanagement, likening it to “pouring sugar on the floor” that attracts chaos.Tesla CEO Elon Musk seemed to agree who replied to Tan’s post writing “Yup”.



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‘Before the legacy, there were these two’: CSK inducts Suresh Raina and Matthew Hayden into inaugural Hall of Fame



Chennai Super Kings (CSK) added a new chapter to their rich legacy ahead of IPL 2026 by unveiling their first-ever Hall of Fame.

CSK honours legends as Suresh Raina and Matthew Hayden enter Hall of Fame

In a special ceremony during the ‘Roar 2026’ fan event at the MA Chidambaram Stadium, the franchise honoured two of its most iconic figures – Suresh Raina and Matthew Hayden.

The moment was both nostalgic and symbolic, celebrating players who helped shape CSK’s identity in the early years. The franchise captured the sentiment perfectly with a heartfelt message:

“Before the legacy… there were these two. Our first Hall of Fame inductees: Suresh Raina & Matthew Hayden.”

For fans, it was a reminder of how these two cricketers laid the foundation for CSK’s success, long before the trophies and dominance became routine.

Suresh Raina, fondly known as ‘Chinna Thala’, was an obvious choice. A constant presence from 2008 to 2021, he wasn’t just a player – he was the heartbeat of the team. With 5,529 runs in 200 matches, Raina remains CSK’s all-time leading run-scorer. His consistency, energy, and ability to deliver in big moments made him indispensable.

From winning four IPL titles to playing a crucial role in Champions League T20 triumphs, Raina’s contributions go far beyond numbers. His unforgettable knock in the 2010 final helped CSK secure their maiden title, a moment that still holds a special place in the franchise’s history.

Matthew Hayden, on the other hand, represents CSK’s fearless beginnings. The explosive Australian opener brought aggression and intent to the top of the order, setting the tone for how the team approached batting. In just three seasons, he scored over 1,100 runs and became CSK’s first Orange Cap winner in 2009 with 572 runs.

Hayden also added a touch of innovation with his famous ‘Mongoose’ bat, becoming one of the most talked-about figures in the league’s early years.

A night of nostalgia at Chepauk and CSK’s look towards the future

The Hall of Fame induction was the highlight of a star-studded evening at Chepauk, where past and present came together to celebrate CSK’s journey. Several former players, including Muttiah Muralitharan, Ambati Rayudu, Michael Hussey, and Subramaniam Badrinath, were present, adding to the emotional atmosphere.

Also READ: IPL 2026 – 3 players who can replace injured Nathan Ellis in CSK squad

In another special moment, MS Dhoni honoured current CSK players who recently achieved success on the international stage. Sanju Samson, Shivam Dube and young Ayush Mhatre were recognised for their contributions, bridging the gap between the franchise’s glorious past and its promising future.

The event wasn’t just about celebrating history – it was also about setting the tone for what lies ahead.

After a disappointing IPL 2025 season, where CSK finished at the bottom of the table for the first time, the team is eager to bounce back stronger. Under the leadership of Ruturaj Gaikwad, the focus is now on rebuilding momentum and chasing a record sixth IPL title.

CSK will begin their IPL 2026 campaign against Rajasthan Royals (RR) on March 30 in Guwahati, followed by their first home game at Chepauk against Punjab Kings. With the Hall of Fame now in place, the franchise has created a powerful source of inspiration for its current squad.

Also READ: Kevin Pietersen picks his dream IPL XI, names MS Dhoni as captain

 





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‘Crisis worse than two 1970s oil shocks put together’: IEA chief’s big warning on Strait of Hormuz


'Crisis worse than two 1970s oil shocks put together': IEA chief's big warning on Strait of Hormuz

The ongoing war in the Middle East has triggered an energy crisis for the world and “no country is immune” to its shockwaves, the International Energy Agency (IEA) warned on Monday. Addressing the National Press Club in Australia’s capital, Birol said the current situation has evolved into an unprecedented disruption, combining multiple shocks to oil and gas supplies.“This crisis as things stand is now two oil crises and one gas crash put all together,” he said. He also drew comparisons with the oil shocks of the 1970s and the fallout from Russia’s 2022 invasion of Ukraine.Highlighting the broader economic risks, Birol said, “The global economy is facing a major, major threat today, and I very much hope that this issue will be resolved as soon as possible.”Also read | Bigger US strike on Iran today? Trump’s ‘mild’ warning as 48-hour deadline expires todayCommenting on the fallout of the energy crisis, Fatih Birol said, “no country will be immune to the effects of this crisis if it continues to go in this direction,” adding, “so there is a need for global efforts.”The conflict has already caused extensive damage to energy infrastructure, with Birol noting that at least forty facilities across nine countries in the region have been “severely or very severely damaged”.

Hormuz oil

“At least forty… energy assets in the region are severely or very severely damaged across nine countries,” he said.The disruption was intensified by the near shutdown of the Strait of Hormuz, a key transit route for roughly one-fifth of global oil and gas shipments. The standoff has deepened as the war entered its fourth week, with Donald Trump and Tehran issuing repeated threats, including Washington’s demand for the reopening of the waterway.Follow live updates hereBirol identified the reopening of the Strait of Hormuz as the most critical step towards stabilising the situation, while also flagging rising fuel shortages in Asia as a growing concern. Oil markets reflected the strain, with US benchmark crude briefly touching the $100-per-barrel mark early on Monday. As fuel prices continue to rise, he added that there would not be any specific crude level to trigger another release.He added that the agency is currently consulting governments worldwide and remains prepared to release additional oil from emergency reserves if needed, though he clarified that no specific price level would automatically trigger such a move.Also read | Oil prices today: Brent crude steady at $112 as Trump’s ultimatum, Iran threat keep markets on edgeMeanwhile, US President Donald Trump issued an ultimatum to Iran to reopen the strategically critical Strait of Hormuz within 48 hours, warning of military consequences if it failed to comply. He said, “If Iran doesn’t fully open, without threat, the Strait of Hormuz, within 48 hours from this exact point in time, the United States of America will hit and obliterate their various power plants, starting with the biggest one first! Thank you for your attention to this matter.In response, Tehran warned, signalling that any attack on its energy infrastructure would prompt retaliation beyond conventional military targets. The message was conveyed by Ebrahim Zolfaghari and carried by Islamic Republic of Iran Broadcasting. He said any strike on Iran’s fuel and energy sector would trigger action against a broader range of targets linked to the United States and its regional allies.Earlier this month, 32 member nations of the IEA agreed to release 400 million barrels of oil from their emergency reserves to the market, to deal with the ongoing energy supply disruption.



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Mumbai’s Siddhivinayak temple worker caught stealing money from donation boxes | Mumbai News


Police have arrested a staff member of Mumbai’s Siddhivinayak temple for allegedly stealing money from donation boxes, officials said on Sunday.

MUMBAI: Police have arrested a staff member of Mumbai’s Siddhivinayak temple for allegedly stealing money from donation boxes, officials said on Sunday.The incident surfaced on March 20 after temple authorities reviewed CCTV footage from the past 10 days at the revered Ganesha shrine in Prabhadevi, according to news agency PTI.Officials grew suspicious of the worker’s activities, prompting a closer look at the footage. The recordings allegedly showed him repeatedly removing currency notes from donation boxes. In one instance, he was seen using his fingers to extract money from a box kept inside the priest’s chamber, according to the FIR.Taking serious note of the alleged misconduct, temple authorities filed a complaint at Dadar police station.Preliminary estimates suggest the worker may have stolen at least Rs 10,000. Police are now investigating whether the thefts had been occurring over a longer period, the total amount involved, and whether any other staff members were complicit.(With agency inputs)



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Brutal daylight murder in Mumbai: 20-Year-Old stabbed over 20 times | Mumbai News


MUMBAI: A 20-year-old man was killed in a gruesome daylight attack in Mumbai’s Dharavi area, police said on Monday, adding that the accused has been arrested and booked for murder.The victim, identified as Ashwin Shivkumar Nadar, was allegedly stabbed more than 20 times by his acquaintance, Ashiq Asim Akhtar Khan, who also slit his throat. The attack is believed to have been driven by a long-standing personal dispute between the two.IANS reports that according to police, Khan was found at the scene holding a blood-stained knife. Eyewitnesses told officials that he was shouting threats during the assault, warning that he would kill the victim and anyone who tried to intervene.Preliminary findings suggest that the two men knew each other well and had a history of conflicts. Investigators suspect the motive may be linked to resentment after the victim reportedly refused to continue a relationship or live with the accused, along with an ongoing personal feud.Police rushed to the spot after receiving information and took the accused into custody. The victim, who was critically injured, was taken to Sion Hospital but later died while undergoing treatment.



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‘See ball, hit ball’: Samson’s six-hitting promise puts rivals on alert | Cricket News


'See ball, hit ball': Samson’s six-hitting promise puts rivals on alert
Sanju Samson is felicitated by MS Dhoni during ‘Roar’ event in Chennai. (Pic credit: CSK’s X post)

CHENNAI: The MA Chidambaram Stadium turned back time on Sunday as the legendary heroes from Chennai Super Kings’ past walked into the stadium in a first-of-its-kind ‘Roar’ event for the fans.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!The OGs, the men who built CSK’s legacy — Suresh Raina, Muttiah Muralitharan, Michael Hussey, Matthew Hayden, Ambati Rayudu, Dwayne Bravo — among others — slipped back into their vintage yellow jerseys and played an exhibition match against the current squad. The OGs got the better of the newbies with ease as the 28,000-odd crowd erupted into roars.

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CSK host fan engagement event at Chepauk ahead of IPL 2026

The star of the show, though, was Sanju Samson, for whom this will be his debut CSK season. Huge cheers were in store for him and the T20 World Cup winner assured that he will try and help the team lift the trophy.“Really happy and grateful to be a part of such a great franchise and team. It was a goosebumps moment. Winning the World Cup for the country is something I had dreamed of for many years. I’m glad I was able to contribute. Now, I’m excited and looking forward to the next couple of months in the IPL with my new team, CSK. My approach would be simple — see the ball and hit the ball. I will look to hit a lot of sixes,” said the wicket-keeper batter.Samson’s ‘duel’ with Sri Lankan great spinner Muralitharan also saw the loudest cheers of the evening. First, Samson politely played four dot balls to show respect. At one point, he stepped out looking to go big, missed, and MS Dhoni chose not to whip off the bails, a moment that drew smiles all around. However, Samson finished in style, striking two eyepleasing boundaries.As the crowd sang, “Twinkle, twinkle, little star, Sanju is a superstar”, CSK’s ‘Chinna Thala’ Raina said that Samson’s inclusion will be a major boost for CSK. “I want them to win the title this time. The team looks very strong. Sanju is back here (after the World Cup), and there are a lot of youngsters who will learn from MS Dhoni and go on to get the trophy. I hope the fans continue supporting CSK like they always have,” Raina said.CSK also inducted Raina and Hayden into their first-ever Hall of Fame.

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Rupee Record Low: Rupee hits record low: Currency tumbles to 93.8 against US dollar amid Middle East tensions


Rupee hits record low: Currency tumbles to 93.8 against US dollar amid Middle East tensions

Rupee began the week on a red note, tumbling to its record low in early trade. The currency dropped 33 paise to hit a record low of 93.86 against the US dollar, slipping past its previous trough of 93.7350 recorded on Friday. The fall comes as boiling tensions in the Middle East have fueled fears of prolonged disruption to energy supplies, dragging down the currency. Weakness was visible across the region, with Asian currencies declining between 0.1% and 0.8% after hopes of easing hostilities faded over the weekend, Reuters reported. The conflict has now entered its fourth week, with Donald Trump and Tehran continuing to exchange threats. A sharp rise in crude oil prices has added to the pressure, with rates surging more than 50% this month. The International Energy Agency has flagged the current situation as more severe than the oil shocks of the 1970s combined. Dalal Street also reflected the strain with Nifty50 plunging below the 23,000 mark, and BSE Sensex down over 1,300 points. At 9:17 AM, the Nifty50 stood at 22,698.55, down 416 points or 1.80 per cent, while the Sensex was at 73,168.18, lower by 1,365 points or 1.83 per cent. Since the conflict began, rupee, seen as particularly vulnerable to rising oil prices, has depreciated nearly 3%. According to Reuters, BofA Global Research projects rupee to reach 94 by June 2026, compared with its earlier estimate of 89, assuming the crisis eases in the coming weeks. Persistent foreign fund outflows have further weighed on the currency, with more than Rs 1 lakh crore pulled out since the beginning of 2026.



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Stock market crash today (March 23, 2026): Nifty50 opens below 23,000; BSE Sensex down over 1,300 points on oil prices, US-Iran war


Stock market crash today (March 23, 2026): Nifty50 opens below 23,000; BSE Sensex down over 1,300 points on oil prices, US-Iran war
Stock market today (AI image)

Stock market crash today: Nifty50 and BSE Sensex plunged in opening trade on Monday with oil prices continuing to remain Hugh amid the ongoing US-Iran war. While Nifty50 went below 23,000, BSE Sensex dropped over 1,300 points. At 9:17 AM, Nifty50 was trading at 22,698.55, down 416 points or 1.80%. BSE Sensex was at 73,168.18, down 1,365 points or 1.83%.The near-term outlook remains heavily dependent on incoming economic data, while geopolitical developments in the Middle East and fluctuations in crude oil prices are expected to be the primary external factors shaping market direction.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “With the war in West Asia getting into the fourth week, there is no clarity on when the war will end. Unfortunately, the war is escalating with President Trump giving an ultimatum to Iran to open the Strait of Hormuz in 48 hours. The Iranian president’s response that “ the Strait of Hormuz is open to all except those who violate our soil” has prevented panic in the oil market. However, the uncertainty is huge and markets will be waiting and watching the outcome.“It is important to understand that the huge risk-off globally has impacted all assets including stocks, bonds and precious metals like gold and silver. In fact, the crash in safe haven gold is worse than in equities. There is nothing that investors can do during this crisis characterised by huge uncertainty. If history is any guide, investors should not panic, but keep cool. The sharp depreciation in the rupee will benefit exporters like pharmaceuticals and autos and auto ancillaries. The beaten down IT segment may surprise with a bounce back.”Asian markets opened on a weak footing, with equities declining and oil prices showing sharp volatility at the start of the week. The ongoing conflict, with no clear signs of easing, has added to investor nervousness, while US Treasury yields continued to climb amid an extended selloff in bonds.Wall Street ended sharply lower on Friday, dragged down by declines in major technology stocks such as Nvidia and Microsoft, as the US-Israeli conflict with Iran entered its fourth week. The prolonged tensions have heightened concerns about rising inflation and the likelihood of higher interest rates.Crude oil prices remained largely steady on Monday, as markets balanced the risk of escalating attacks on energy infrastructure by the US and Iran against the potential increase in global supply following Washington’s decision to allow the release of Iranian oil held at sea.On the domestic front, foreign portfolio investors remained net sellers, offloading equities worth Rs 5,518 crore on Friday. In contrast, domestic institutional investors provided some support to the market, emerging as net buyers to the tune of Rs 5,706 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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