Business

The key features of the Umang app include claim submission, UAN card downloads, and even secure face-based login for new users. The Umang app offers a digital platform to access several important services to EPFO subscribers, allowing them to skip physical paperwork and manage their Provident Fund account on the go. From checking passbooks to submitting claims,…

The U.S. Department of Health and Human Services on Sunday reported the first human case in the United States of travel-associated New World screwworm, a flesh-eating parasite, from an outbreak-affected country. The case, investigated by the Maryland Department of Health and the U.S. Centers for Disease Control and Prevention, was confirmed by the CDC as New World…

The launch of the satellite culminates a decade-long partnership between TI and the ISRO to optimise the performance of the electronic systems responsible for this Earth-observation mission. Bengaluru: Nasdaq-listed semiconductor company Texas Instruments (TI) semiconductors are enabling the radar imaging and scientific exploration payloads for the NASA-Indian Space Research Organization (ISRO) synthetic aperture radar (NISAR) satellite, which…

Many consumers reported problems such as poor service quality, non-refunds, overcharging, and failure to honour the guaranteed 5-minute auto arrival. The ride-hailing company Rapido has been slapped with a Rs 10 lakh penalty by the Central Consumer Protection Authority (CCPA) due to misleading advertising practices. The Ministry of Consumer Affairs said on August 21, 2025, that Rapido…

ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees (US$4.57) per month, its most affordable offering yet, as the company looks to deepen its presence in its second-largest market. Global companies often offer cheaper subscription plans for India’s price-sensitive market, targeting the nearly one billion internet users in the…

The U.S. Commerce Department said on Tuesday it is hiking steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other heavy equipment, along with railcars, motorcycles, marine engines, furniture and hundreds of other products. The department said 407 product categories are being added to the list of “derivative” steel…

Under the proposed Regulation & Promotion of Online Gaming Act, banks and financial institutions will not be allowed to process or transfer funds for real-money online games. The Union Cabinet has approved the Online Gaming Bill, a move aimed at regulating the rapidly growing digital gaming sector and putting a stop to online betting. According to sources,…

Brazilian President Luiz Inacio Lula da Silva said on Friday that foreign companies that want to do business in Brazil are welcome, speaking at the opening ceremony for a factory for Chinese automaker GWM (601633.SS), in the state of Sao Paulo. “Count on the Brazilian government. Whoever wants to leave, leave. Whoever wants to come, we welcome…

Big GST relief soon! Prime Minister Narendra Modiin his Independence Day speech announced that the  Goods and Services Tax(GST) burden on the common man is set to come down from this Diwali with next-generation reforms slated to be rolled out. PM Modi stressed the need for the next phase of GST reforms, which aim to provide relief…

Starting October 4, 2025, the Reserve Bank of India will implement a faster cheque-clearing system, reducing settlement time from up to two working days to just a few hours during business hours. In a major win for account holders and businesses alike, the Reserve Bank of India (RBI) has announced a sweeping reform to the Cheque Truncation…

The government has proposed two rates – 5% and 18% – under the revamped Goods and Services Tax regime. The Central government is expected to announce a huge respite in the GST structure, bringing the daily-use products in 5 per cent category while slashing the tax rate of 90 per cent of the items in the 28%…

President Donald Trump on Monday confirmed reports that semiconductor giant Nvidia would pay the United States 15 percent of its revenues from sales of certain artificial intelligence chips to China. Speaking to reporters at the White House, Trump argued that Nvidia’s “H20” chips are “obsolete,” despite previously being targeted for export restrictions. He said that to lift…

JSW Cement sold its shares in the price band of Rs 139-147 apiece, which could be applied for a minimum of 102 shares and its multiples to raise Rs 3,600 crore. JSW Cement is likely to finalize the basis of allotment of its shares on Tuesday, August 12. Applicant bidders will get the messages, alerts or emails…

Check minimum average balance requirements for across various banks including SBI, ICICI Bank, HDFC Bank, and so on. Minimum Balance Rules Comparison: The Private Lender ICICI Bank has recently announced that the minimum balance requirement for savings accounts opened on or after August 01, 2025 will be increased to Rs 50,000 from the earlier Rs 10,000. The move…

esla will streamline its AI chip research to focus on its development of inference chips used to run AI models and make real-time decisions, CEO Elon Musk said, after a media report he had ordered the closure of the in-house Dojo supercomputer team. Bloomberg News on Thursday cited people familiar with the matter as saying Musk had…

The Centre on Friday announced the subsidised retail sale price of tomatoes in the range of Rs 47-60 per kg in the national capital through the National Cooperative Consumers’ Federation of India (NCCF), to provide relief to buyers. The Centre on Friday announced the subsidised retail sale price of tomatoes in the range of Rs 47-60 per…

New Delhi has put on hold its plans to procure new U.S. weapons and aircraft, according to three Indian officials familiar with the matter, in India’s first concrete sign of discontent after tariffs imposed on its exports by President Donald Trump dragged ties to their lowest level in decades. India had been planning to send Defence Minister…

Nebraska cattle rancher Craig Uden bought 200 extra mother cows and their babies over a few weeks in May to expand his herd as dry weather gave way to rain that rejuvenated land used for grazing. In South Dakota, Troy Hadrick kept 16 more young female cows, known as heifers, on his farm than he did last…

RBI Governor Malhotra said UPI transactions aren’t free to run and someone has to bear the cost. With ICICI Bank introducing UPI fees for Payment Aggregators, free UPI may change soon. After the RBI Monetary Policy Committee (MPC) meeting, Governor Malhotra addressed the media and made a key statement about UPI (Unified Payment Interface). He clarified that…

The additional 25 per cent import duty announced by US President Donald Trump on Indian goods could lead to a 30 per cent decline at USD 60.6 billion in India’s exports to America this fiscal, think tank GTRI said on Monday. To help exports, it suggested the government to revive the interest equalisation scheme, create a helpdesk,…

China’s independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC’s number two producer even as some global majors have scaled back from a market dominated by Beijing’s big state-run firms. Drawn by more lucrative contract arrangements, smaller Chinese producers are on track to double their output in Iraq to 500,000 barrels…

A sweeping 25 per cent tariff by the United States on Indian exports has triggered panic among domestic industries, especially textiles, steel and agriculture. Facing potential order cancellations and job losses, exporters have urged the Indian government to launch an emergency export promotion mission and extend financial support. Indian exporters are staring at a crisis after the…

In a major supply chain shift, Apple CEO Tim Cook confirmed that the majority of iPhones sold in the United States are now manufactured in India. While China focuses on non-US markets, Vietnam leads production of MacBooks and iPads. Cook also flagged a looming $1.1 billion tariff burden amid policy uncertainty. In a milestone for India’s electronics…

Nvidia chips do not contain “backdoors” allowing remote access, the US tech giant has said, after Beijing summoned company representatives to discuss “serious security issues”. The California-based company is a world-leading producer of AI semiconductors, and this month became the first company to hit US$4 trillion in market value. But it has become entangled in trade tensions…

Nikhil Ravishankar, an India-origin executive, will assume the role of CEO at Air New Zealand starting October 20, 2025, after almost five years with the airline. India-origin Nikhil Ravishankar is set to take over as the CEO of Air New Zealand from October this year after being associated with the carrier for nearly five years. Incidentally, Air…

Telecom Minister Jyotiraditya Scindia said that Starlink has been granted a Unified License to launch satellite internet services in India and that the frameworks for spectrum allocation and gateway establishment are ready. India has officially granted Elon Musk’s Starlink a licence to provide satellite-based internet services, paving the way for the company’s entry into the country’s growing…

Microsoft (MSFT.O), forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence. Shares of the software company rose 9% in extended trading after it said Azure sales surpassed $75 billion on…

ChatGPT-maker OpenAI roughly doubled its revenue in the first seven months of the year, reaching $12 billion in annualized revenue, the Information reported on Wednesday citing a source. Reuters could not immediately confirm the report. OpenAI declined to comment. The figure implies that OpenAI is generating $1 billion a month, the report said, adding that the company…

The Income Tax department denied claims of increased long-term capital gains tax on LLPs in the new Income Tax Bill, 2025 The Income Tax department on Tuesday categorically refuted the claims of a possible increase in the long-term capital gains (LTCG) tax on Limited Liability Partnerships (LLPs) in the new Income Tax Bill, 2025. The Income Tax…

Tata Consultancy Services (TCS) has announced mass layoffs affecting approximately 12,000 employees, or 2% of its workforce, marking the largest reductions in the company’s history. The announcement of mass layoffs at Tata Consultancy Services (TCS) has prompted the Nascent Information Technology Employees Senate (NITES) to reach out to Labour Minister Mansukh Mandaviya. On Sunday, India’s largest IT…

TCS job cut: The move is part of a broader plan to adapt to changing technology trends and streamline operations as the company aims to become a “future-ready” organisation. Tata Consultancy Services (TCS), India’s largest software exporter, is planning to lay off around 12,000 employees, or about 2% of its global workforce, during the current financial year.…

Tesla CEO Elon Musk said the U.S. automaker had signed a $16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant’s loss-making contract manufacturing business. Samsung shares rose more than 6 per cent after the news. “Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation…

McDonald’s Corp is planning to sell eight prime retail properties in Hong Kong with a total market value of around HK$1.2 billion ($152.89 million), JLL, which has been appointed as the sole agent of the sale, said on Monday. The McDonald’s outlets in the locations will continue to operate, JLL executive director of capital markets Eunice Tang…

A bitter family feud has erupted in the RS 30,000 crore Sona Group after the sudden death of chairman Sunjay Kapur. His mother, Rani Kapur, alleges coercion and exclusion from key decisions, including the appointment of daughter-in-law Priya Sachdev Kapur. Following the death of Sunjay Kapur, the fight for control over the Sona Group – an empire…

In a sweeping move under the Trump administration’s directive to streamline federal agencies, NASA is set to lose nearly 3,870 employees through a voluntary resignation programme, raising concerns about talent drain and mission safety. In a significant reshaping of the United States space programme, NASA has confirmed that approximately 3,870 employees will resign from the agency as…

A higher ethanol blend should theoretically lower the price of petrol. It has instead, potentially increased the average cost of vehicle ownership. Here’s how. Having achieved its 20% ethanol blending targets five years prior to its deadline, it’s safe to say that biofuel is to play a key role in the central government’s plan to reduce crude…

An Antonov An-24 passenger plane carrying 48 people crashed in Russia’s far east on Thursday as it was preparing to land, killing everyone on board in an incident that spotlighted the continued use of old, Soviet-era aircraft. The burning fuselage of the plane, which was made in 1976, was spotted by a search helicopter after it disappeared…

Demand in China has begun surging for a business that, in theory, shouldn’t exist: the repair of advanced Nvidia (NVDA.O), artificial intelligence chipsets that the U.S. has banned the export of to its trade and tech rival. Around a dozen boutique companies now offer repair services, according to two such firms in the tech hub of Shenzhen…

In response to rising US-China tensions and intensifying data security laws, BlackRock, the world’s largest asset manager, has implemented strict new rules for employees traveling to China. The policy, effective 16 July, prohibits the use of company-issued devices and network access during both business and personal travel, signalling growing corporate unease over regulatory unpredictability in the world’s…

A federal court in Marshall, Texas, said on Wednesday that U.S. telecom company Verizon Wireless must pay $175 million in damages for violating an inventor’s patent rights related to wireless communications technology. The jury’s decision in favor of Headwater Research comes just months after the firm secured a $278 million verdict in a separate patent dispute against…

Tesla(TSLA.O), Chief Executive Elon Musk said on Wednesday that U.S. government cuts in support for electric vehicle makers could lead to a “few rough quarters” for the company before a wave of revenue from self-driving software and services begins late next year. Shares fell nearly 5% after Musk responded on a quarterly results conference call to questions…

Hundreds of thousands of doses of mpox vaccine that the United States had promised to send to African nations are in danger of going to waste, dozens of congressional Democrats said in a letter to the U.S. State Department on Wednesday. Forty-eight Democratic members of the House of Representatives, led by Representatives Mark Pocan of Wisconsin and…

CoinDCX in the FIR said that the full financial impact is being absorbed by the company’s treasury reserves, with no losses passed on to customers. Indian cryptocurrency exchange CoinDCX has reported a major security breach resulting in a loss of approximately ₹378 crore ($44.2 million). The incident, which took place on July 19 at 4 am IST,…

The India Cellular and Electronics Association (ICEA) has warned that unnotified trade restrictions imposed by China are disrupting supply chains and jeopardising India’s target of exporting $32 billion worth of smartphones in FY26. These measures, which impact capital goods, raw materials, and skilled personnel, could reverse India’s manufacturing gains and undermine its emerging role as a global…

IIT Kharagpur graduate Pavan Guntupalli faced seven failed startups and 75 investor rejections before launching Rapido, India’s first bike-taxi platform now worth Rs 9,350 crore. His journey from failure to leading a transport revolution is a lesson in resilience, vision and timing. When Pavan Guntupalli launched Rapido in 2015, few believed bike taxis could survive India’s crowded…

Jio BlackRock, a high-profile joint venture between Jio Financial Services and global investment giant BlackRock, has made a ₹17,800 crore debut with three debt mutual fund schemes. But beyond the big numbers, it signals a strategic push to revolutionise Indian retail investing using tech, trust, and telecom. Earlier this month, Jio BlackRock Asset Management, the 50:50 joint…

Dolly Chaiwala, the viral tea-staller, has announced the launch of his business venture, receiving a plethora of applications to purchase the franchise. Sunil Patil, also known as Dolly Chaiwala on the internet, has announced the launch of his business franchise Dolly Ki Tapri through an expensive franchise model across India. A Nagpur-based tea seller, Patil gained viral…

The announcement comes as tech giants such as Meta aggressively chase high-profile acquisitions and offer multi-million-dollar pay packages to attract top talent in the race to lead the next wave of artificial intelligence. Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars on computing power to build superintelligence, intensifying his pursuit…

The social media firm has slashed premium account subscription fee for mobile app by about 48 per cent to Rs 470 from Rs 900 it charged earlier on a monthly basis. Social media platform X has slashed subscription fees for account holders in India by up to 48 per cent, according to updates on its portal. The…

Tesla is set to open its first Indian showroom in Mumbai’s Bandra Kurla Complex on July 15. The Tesla India X account shared a “coming soon” post on Friday night. Tesla has signalled its imminent entry into the Indian market with a “coming soon” teaser on its newly created X (formerly Twitter) account, giving a long-awaited update…

Tesla will expand its robotaxi service to the San Francisco Bay Area “in a month or two”, depending on regulatory approvals, CEO Elon Musk said on Wednesday. Tesla last month rolled out a test of the long-promised service in a limited area of Austin, Texas, with about a dozen vehicles, a select group of passengers and many…

Complaints were lodged after Grok posted antisemitic content, including praise for Adolf Hitler. Elon Musk’s xAI removed “inappropriate” posts. Tech billionaire Elon Musk’s AI chatbot Grok is at the center of scandal after posting antisemitic remarks. Developer xAI announced on Wednesday that it was in the process of removing “inappropriate posts” by Grok on the online platform…

As Bitcoin’s market cap has crossed into the trillions, more institutional investors are entering the space. Large firms that once stayed away are now taking positions in digital assets, helping push prices higher. Bitcoin reached a fresh all-time high on Wednesday, climbing close to the $112,000 mark as demand from institutional investors and a broader appetite for…

Brazilian President Luiz Inacio Lula da Silva says that his nation would act with reciprocity. United States President Donald Trump launched his global tariff assault into overdrive on Wednesday (Jul 9), announcing a new 50 per cent tariff on US copper imports and a 50 per cent duty on goods from Brazil, both to start on Aug…

However, the government hit back at X and accused it of twisting facts and delaying unblocking the accounts of Reuters. New Delhi: Elon Musk-owned social media platform X on Tuesday expressed deep concern about “ongoing press censorship” in India, days after global news agency Reuters’ account was ‘withheld’ in the country after an order by the Narendra…

During a meeting with Anton Siluanov, Finance Minister of Russia, Sitharaman expressed gratitude for the support extended by President Vladimir Putin after the Pahalgam terror attack, the finance ministry said in a post on X. Finance Minister Nirmala Sitharaman held a series of bilateral meetings, including with Russian and Chinese counterparts, and discussed issues of bilateral cooperation…

After a 25-year presence, Microsoft has reportedly shut down its operations in Pakistan, leaving only a small liaison office. Founding country manager Jawwad Rehman called the move “more than a corporate exit,” reflecting on the deteriorating business climate that even global tech giants find unsustainable. Global software giant Microsoft has formally exited Pakistan, ending a 25-year presence…

The gain in forex reserves during week ended June 27 was led by an increase in foreign currency assets, which surge by $5.75 billion to $594.82 billion. India’s Latest Forex Reserves: India’s foreign exchange reserves rose sharply by $4.84 billion to $702.78 billion in the week ended June 27, bringing them within striking distance of the all-time-high…

Nvidia was on track to become the most valuable company in history on Thursday (Jul 2), with the chipmaker’s market capitalisation reaching US$3.92 trillion as Wall Street doubled down on optimism about artificial intelligence. Shares of the leading designer of high-end AI chips were up 2.2 per cent at US$160.60 in morning trading, giving the company a…

In terms of extant guidelines, banks and NBFCs are not permitted to levy foreclosure charges/pre-payment penalties on any floating rate term-loan sanctioned to individual borrowers with or without co-obligant(s) for purposes other than business. The RBI on Wednesday directed banks and other lenders not to levy any pre-payment charges on all floating-rate loans and advances, including for…

Meta (META.O), CEO Mark Zuckerberg has reorganized the company’s artificial intelligence efforts under a new division called Meta Superintelligence Labs, according to a source on Monday. The division will be headed by Alexandr Wang, former CEO of data labeling startup Scale AI. He will be the chief AI officer of the new initiative at the social media…

Hong Kong builder New World Development said on Monday (Jun 30) it had received commitments for a HK$88.2 billion (US$11.24 billion) loan refinancing, as the builder finalises a crucial lifeline in a distressed property market. New World’s refinancing, poised to be one of the largest ever seen in Hong Kong, concludes months of negotiations over a debt…

Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an economic slowdown driven by prospects of higher U.S. tariffs. Brent crude futures for September delivery fell 16 cents, or 0.24 per cent, to $66.58 a barrel by 0000 GMT. U.S. West Texas Intermediate crude declined 20 cents,…

Nvidia’s (NVDA.O),  stock hit a record high on Wednesday, and the chipmaker reclaimed the crown as the world’s most valuable company after an analyst said the chipmaker was set to ride a “Golden Wave” of artificial intelligence. Shares of the Santa Clara, California-based company rose over 4% to a record high of $154.10. The rise sent Nvidia’s…

At least 11 people were killed, including a teenager, and more wounded in a Tuesday night shooting in the central Mexican city of Irapuato, authorities said on Wednesday. The attorney general’s office in Guanajuato, the violence-plagued state where Irapuato is located, said that 20 others were hospitalized with gunshot wounds. Mexican President Claudia Sheinbaum said earlier on…

Global environmental lobby Greenpeace added its voice on Monday to protests against this week’s celebrity wedding in Venice between American tech billionaire Jeff Bezos and journalist Laura Sanchez. The event, expected to attract some 200 guests including U.S. President Donald Trump’s daughter Ivanka and son-in-law Jared Kushner, as well as scores of stars from film, fashion and…

The proposal will burn India’s foreign reserves, decrease foreign exchange inflow, and disrupt non-residents’ existing financial strategies. On May 22, 2025, the US House of Representatives passed the controversial ‘The One, Big, Beautiful Bill’. The Bill includes a significant provision levying an excise tax on every single dollar of remittance or international money transfer made by non-US…

The crash must prompt fundamental reforms—beginning with the regulator and extending to airline management—as the aviation ecosystem is structurally compromised. The Indian aviation industry is facing its biggest crisis in decades as it grapples with the devastating crash of Air India’s Boeing 787-8 Dreamliner at Ahmedabad on June 12, 2025. The London-bound AI171 went down just 36…

Tesla (TSLA.O), deployed a small group of self-driving taxis picking up paying passengers on Sunday in Austin, Texas, with CEO Elon Musk announcing the “robotaxi launch” and social-media influencers posting videos of their first rides. The event marked the first time Tesla cars without human drivers have carried paying riders, a business that Musk sees as crucial…

Around 10,000 Russian soldiers are fighting in Russia’s Kursk region, about 90 square kilometers (35 square miles) of which is controlled by Ukraine, Ukraine’s top military commander said. “We control about 90 square kilometers of territory in the Hlushkov district of the Kursk region of the Russian Federation, and these are our preemptive actions in response to…

A U.S. attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy. The attack, which was announced by President Donald Trump on social…

Genpact is under fire for mandating a 10-hour workday without formal HR communication or salary hikes, sparking widespread protests over burnout, surveillance, and a toxic work culture. Employees have taken to social media and Reddit to voice frustration, calling the policy exploitative and unsustainable. Global professional services giant Genpact is facing a wave of internal dissent and…

Japanese carmaker Toyota Motor Corp will raise prices of some vehicles it sells in the U.S. by more than $200 from July, Bloomberg News reported on Friday. Source : https://www.channelnewsasia.com/business/toyota-raise-us-auto-prices-more-200-july-bloomberg-news-reports-5195261

The relocation requests affect employees across several teams and could require moves to cities like Seattle, Arlington, Virginia, and Washington, DC. Amazon.com Inc. is asking some of its corporate employees to relocate closer to their managers and teams, a move that’s raising concern among staff already unsettled by past job cuts and looming fears over artificial intelligence…

India has halted premium orthodox tea exports to Iran worth Rs 100–150 crore following network disruptions and erratic connectivity in Iran, as deepening Iran–Israel conflict poses broader risks for West Asian trade routes and oil market volatility. India has suspended all shipments of premium orthodox tea to Iran amid widespread disruption triggered by the ongoing Iran–Israel conflict.…

Omnicom Media’s India chief was frustrated. It was October 5, 2023 and a rival was trying to poach the U.S. firm’s client by offering lower prices, just weeks after global advertising agencies and broadcasters struck secret pacts on ad rates in the South Asian country. The attempt to woo the client violated the agencies’ agreement, Omnicom Media’s…

Apple is interested in tapping generative artificial intelligence to help speed up the design of the custom chips at the heart of its devices, its top hardware technology executive said in private remarks last month. Johny Srouji, Apple’s senior vice president of hardware technologies, made the remarks in a speech in Belgium, where he was receiving an…

The U.S. Food and Drug Administration on Wednesday approved Gilead Sciences (GILD.O), opens new tab lenacapavir, a twice-yearly injection, for preventing HIV infection in adults and adolescents. Gilead said the drug will be sold under the brand name Yeztugo. Investors and AIDS activists had been eagerly awaiting the regulatory decision for a drug some have said could…

All new videos uploaded on Facebook will soon be classified as Reels, simplifying how users publish visual content, social media giant Meta Platforms (META.O), said on Tuesday. The Instagram parent said Reels on Facebook will no longer have length or format restrictions, and include all types of video content — short, long and live. Previously uploaded video…

When Hurricane Helene’s flood waters slammed into Lake Lure’s century-old dam last September, gouging a massive scar into one embankment and cascading five months’ worth of rain down its sides, town commissioner Dave DiOrio worried it might fail. Emergency sirens blared. “DAM FAILURE IMMINENT!” the National Weather Service warned in a social media post, urging 3,000 residents…

Home Minister Amit Shah recently declared, “Indus waters will be taken to Rajasthan’s Ganganagar through canals within three years,” adding that Pakistan would be left “craving for every drop of water.” India’s recent moves mark a significant policy shift. For decades, it did not fully utilize its rights over the western rivers due to the rivers’ natural…

A major digital overhaul is underway at UIDAI as it prepares to introduce a QR code-based e-Aadhaar system, making physical copies redundant and simplifying update procedures through integrated government databases by November 2025. The Unique Identification Authority of India (UIDAI) is gearing up to roll out a revamped e-Aadhaar system that will eliminate the need for photocopies…

Pi Coin faced a significant decline of over 35%, dropping from $0.62 to $0.40 amid rising geopolitical tensions, particularly involving Israel and Iran, leading to a wider cryptocurrency sell-off. While the price stabilised at $0.55, it remains below its peak of $1.27, and trading volumes surged by 276%. In a notable downturn, Pi Coin experienced a drastic…

President Volodymyr Zelenskiy said on Saturday that Ukrainian forces had recaptured Andriivka village in northeastern Sumy region as part of a drive to expel Russian forces from the area. Zelenskiy has in the past week focused on what he describes as a drive to push out Russian forces from the Sumy region, with border areas gripped by…

Whether you rely on AI for research, coding, or quick answers, downtime can be disruptive. Fortunately, there are powerful alternatives available that are just as good, if not better. Google Gemini, Claude, and Meta AI are all equipped to offer intelligent responses and generate media. ChatGPT faced an unexpected outage earlier this week, with many users in…

Alphabet’s (GOOGL.O), Google, the largest customer of Scale AI, plans to cut ties with Scale after news broke that rival Meta (META.O), is taking a 49% stake in the AI data-labeling startup, five sources familiar with the matter told Reuters. Google had planned to pay Scale AI about $200 million this year for the human-labeled training data that…

Gold futures in India crossed ₹1,00,000 per 10 grams on the MCX for the first time on 13 June 2025, driven by escalating Middle East tensions, a falling rupee, and robust global demand for safe-haven assets. Analysts warn of further gains as geopolitical instability deepens. Gold prices surged to a historic high on Friday as domestic futures…

Ukraine has brought home the bodies of 1,212 soldiers killed in the war with Russia, the Kyiv officials responsible for exchanging prisoners of war said on Wednesday. In Moscow, Kremlin aide Vladimir Medinsky said Ukraine for its part had returned 27 bodies of Russian soldiers. “As a result of the repatriation activities …, the bodies of 1,212…

U.S. Health Secretary Robert F. Kennedy Jr.’s dismissal of an independent panel of experts citing the goal of restoring trust in vaccines could undermine confidence in those available now, putting Americans at risk of preventable infectious diseases, public health experts and others said on Monday. Kennedy, a longtime vaccine skeptic, said in a commentary published in the…

Gautam Adani earned Rs 10.41 crore in FY25, a 12% rise from last year, yet still modest compared to several senior executives in his group. Here’s how India Inc’s top bosses stack up. Gautam Adani, India’s second-richest individual, drew a total remuneration of Rs 10.41 crore in the financial year 2024–25, according to company filings, a figure…

This 50-basis-point (0.5%) reduction is the steepest rate cut by the RBI since the emergency 75-basis-point easing in March 2020, when the economy was under severe strain due to the Covid pandemic. New Delhi: The Reserve Bank of India (RBI) on Friday cut key policy interest rates by a larger-than-expected 50 basis points, a move that will…

A Chicago-based private equity firm – controlled by a member of the family that founded American publishing company Rand McNally – has an “economic interest” in the logistics company involved in a controversial new aid distribution operation in Gaza. McNally Capital, founded in 2008 by Ward McNally, helped “support the establishment” of Safe Reach Solutions, a McNally…

Some European auto parts plants have suspended output and Mercedes-Benz is considering ways to protect against shortages of rare earths, as concerns about the damage from China’s restrictions on critical mineral exports deepen across the globe. China’s decision in April to suspend exports of a wide range of rare earths and related magnets has upended the supply…

As Artificial Intelligence sweeps across industries, American labour unions are rallying for worker protections, demanding legislation, transparency, and accountability. With lawsuits surfacing and jobs on the line, unions fear a future where human labour is displaced without recourse. Labour leaders argue that automation could erode the core of worker rights. Major American labour unions intensified their opposition…

A 17 per cent growth compared to last year is not just a statistic — it’s a testament to the rapidly evolving economic structure and the strong foundation of infrastructure development in the country. The month of May has been a historic month for India’s logistics sector and Adani Ports and Special Economic Zone Limited (APSEZ) set…

Cartier, the luxury jewellery company owned by Richemont, had its website hacked and some client data stolen, it told customers, according to an email seen by Reuters on Tuesday (Jun 3). The attack is the latest case of a company being targeted by cyber criminals, with several retailers including Marks & Spencer and Victoria’s Secret disclosing similar…

Alarm over China’s stranglehold on critical minerals grew on Tuesday as global automakers joined their U.S. counterparts to complain that restrictions by China on exports of rare earth alloys, mixtures and magnets could cause production delays and outages without a quick solution. German automakers became the latest to warn that China’s export restrictions threaten to shut down…