The growing trade deficit of India, which recently touched $34.68 billion due to a sharp increase in gold imports, has again brought an old challenge into focus. While monthly trade…
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Who is Devendra Singh Chaplot? IIT Bombay alum joins xAI to build superintelligence, welcomed by Elon Musk
Devendra Singh Chaplot, an Indian AI researcher and robotics expert, announced that he is joining SpaceX and xAI to team to build superintelligence. He said he will work directly under…
Meta layoffs: Mark Zuckerberg’s tech firm plans to cut nearly 16,000 jobs as AI costs mount, says report — what we know
Mark Zuckerberg-led Meta is planning sweeping layoffs that could affect 20% or more of the company to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about…
US begins emergency oil reserve release of 86 million barrels in bid to bring down fuel prices
The Trump administration started the process of a mammoth drawdown of the US emergency oil reserve, issuing a request to exchange 86 million barrels of crude oil. Deliveries from the…
Fuel shortages from Middle East war begin to threaten global food supply
Food crops are becoming increasingly vulnerable to the energy supply crunch caused by war in the Middle East, with farmers across Asia and Europe facing a scarcity of fuel needed…
The week in charts: Crude oil shock, India’s EM rank, e-way bill generations
NEW DELHI: From a spike in crude oil prices amid the conflict in West Asia to the tightening economic race between India and Vietnam, logistics activity reflected in e-way bill…
Jindal Steel’s Thyssenkrupp buy talks in gridlock, a new suitor stirs the pot
Mumbai: Six months after steel magnate Naveen Jindal made an unsolicited bid to acquire the steel assets of Germany’s Thyssenkrupp AG, the two sides have hit an impasse over three…
The KPop Demon Hunters’ Tourism Wave Is Just Getting Started
(Bloomberg) — Honolulu-based Christine Kim was early on the KPop Demon Hunters travel trend. In fairness, her trip to Seoul with her husband and kids was already on the books before…
JPMorgan, Partners Group Cancel UAE Events as War Drags On
JPMorgan Chase & Co. and Partners Group Holding AG have canceled upcoming gatherings in the UAE as the Iran war prompts a rethink of events in the region. Partners Group…
SEBI slaps ₹10 lakh fine on Anand Rathi Share and Stock Brokers for cybersecurity violations
the brokerage arm of Anand Rathi, in its regulatory filing on 13 March, informed investors that the Securities and Exchange Board of India (SEBI) has imposed a ₹10 lakh penalty…