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18 stories on this page · page 281
Business

AI push drives job cuts across tech giants

New Delhi Technology giants Meta Platforms and Microsoft are reportedly cutting thousands of jobs as they restructure operations to focus on artificial intelligence (AI) investments. Meta, led by Mark Zuckerberg, is expected to reduce about 10% of its workforce, impacting n

2 min read
Business

Falling rupee seen as long-term buying opportunity

New Delhi India’s Chief Economic Adviser V. Anantha Nageswaran has described the weakening rupee as a potential buying opportunity for long-term investors, calling the currency “fundamentally undervalued” despite near-term pressures. Nageswaran said the current valuation of

2 min read
Business

BSE flags deepfake scam targeting investors again

Mumbai India’s leading stock exchange BSE Limited has issued a fresh warning after a fourth deepfake video surfaced online, falsely showing its Managing Director and CEO Sundararaman Ramamurthy giving stock market tips and investment advice. The exchange clarified that the

2 min read
Business

West Asia tensions accelerate Asia’s renewable shift

New Delhi Rising geopolitical tensions in West Asia and disruptions in oil supply could push Asian economies to accelerate their transition toward renewable energy, according to a report by Jefferies. The brokerage highlighted that the ongoing crisis, particularly around the S

2 min read
Business

India releases ₹30 bn swap aid to Maldives

Male India has approved the first withdrawal of ₹30 billion under the SAARC Currency Swap Framework to support the Maldives’ financial stability, according to the Indian High Commission in Male. The facility is part of the broader currency swap arrangement between the Reser

2 min read
Business

AI threats push banks to build stronger defences

Slug: AI banking defences Pune Union Finance Minister Nirmala Sitharaman has urged Indian banks to significantly strengthen their cybersecurity frameworks, warning that rapidly evolving artificial intelligence (AI) risks could outpace existing safeguards. Speaking after a h

2 min read
Business

India-US trade talks focus on market access, digital rules

Intro India and US continue BTA talks focusing on market access, digital trade, investment flows, and economic cooperation. New Delhi India and the United States held fresh discussions in Washington under the proposed Bilateral Trade Agreement (BTA), focusing on market a

2 min read
Business

AI hiring surge spreads beyond India’s metro cities

Blurb AI hiring in India jumps 59.5%, led by LinkedIn report, as demand spreads beyond metros, boosting opportunities in emerging cities and applied AI skills. New Delhi AI engineering hiring in India has surged 59.5% year-on-year, outpacing major global economies such a

2 min read
Business

Indian markets tumble as crude surges, IT drags indices

Intro Indian markets fell sharply as crude oil surged above $107 and IT sector weakness dragged indices lower. Mumbai Indian equity markets witnessed a sharp sell-off on Friday, with the BSE Sensex falling 982 points and the Nifty dropping 1.14% as investors reacted to r

2 min read
Business

India sees cash-digital surge, SBI flags paradox trend

New Delhi India is witnessing a unique financial pattern where both cash usage and digital payments are growing simultaneously, a trend highlighted by State Bank of India (SBI) as a “cash paradox.” SBI Research notes that while digital platforms like UPI are expanding rapidly

1 min read
Business

Crude oil prices surge above $100 amid tensions

Mumbai International crude oil prices rose sharply, gaining up to 2% as geopolitical tensions in the Middle East intensified, despite a reported US ceasefire announcement. Brent crude climbed to around $107 per barrel, while West Texas Intermediate (WTI) rose to about $97.6. W

1 min read
Business

Pemmasani pushes telecom sector towards design innovation

New Delhi Minister of State for Communications Pemmasani Chandra Sekhar has urged India’s telecom industry to transition from a services-driven approach to design-led innovation, emphasizing greater investment in research and development. He stressed that owning core technolog

1 min read
World

Northern Japan wildfires prompt mass evacuations as flames spread

Tokyo Two rapidly spreading forest fires in northern Japan have forced authorities to expand evacuation orders, with more than 3,000 residents urged to leave their homes as firefighters struggle to contain the blazes.The fires, which erupted on afternoon in Iwate Prefecture, c

2 min read
World

Putin returns 'Iron Felix' Dzerzhinsky to Russia's spy school

Moscow President Vladimir Putin has ordered Russia's ​Federal Security Service's spy academy to carry the name of Iron Felix Dzerzhinsky, the founder of the ‌Soviet secret police and architect of the Red Terror which followed the 1917 revolution. Dzerzhinsky, a Polish noble

2 min read
World

Drone Strike Revives Safety Concerns at Chornobyl Nuclear Site

IntroA recent drone strike near Ukraine’s Chornobyl nuclear facility has reignited fears over safety risks at the site of the world’s worst nuclear disaster, as officials race to repair damage amid ongoing conflict. ChornoblyDenys Khomenko, a senior technical official at the C

2 min read
World

U.S. Eases Marijuana Restrictions in Major Drug Policy Shift

Slug: US Marijuana Policy ShiftWashingtonThe United States has announced a significant shift in its drug policy, with federal authorities moving to relax restrictions on marijuana and reclassify it as a less dangerous substance, marking one of the most substantial changes in deca

2 min read