Airbus team with various union ministers (image posted by Piyush Goyal and S Jaishankar on X respectively) Airbus’ board members completed their four-day visit to India on Thursday. India represents a crucial market for the aerospace company, as confirmed by an official, as quoted by PTI.The board conducted their first meeting in India since beginning…
NEW DELHI: Govt’s efforts to deepen the Indian component ecosystem for electronics has received a massive boost with domestic and international companies putting in applications for investing over Rs 1.1 lakh crore in new projects – almost twice to the original target – which have the potential to result in creating incremental production to the…
Warren Buffett-owned Berkshire Hathaway is set to acquire Occidental Petroleum’s chemical division, OxyChem, for $9.7 billion, marking possibly the last major deal under the billionaire investor who owns the firm, set to retire by year-end.Notably, Buffett’s name was absent from Thursday’s announcement materials, as reported by Associated Press, suggesting a transition of leadership to Vice…
The S&P 500 and Nasdaq indices reached unprecedented levels when markets opened on Thursday, driven by fresh optimism regarding potential interest rate reductions, whilst investors prepare for minimal economic data releases as the week concludes.At market opening, the Dow Jones Industrial Average gained 20.0 points, representing a 0.04% increase, reaching 46,461.11. The S&P 500 advanced…
The Unique Identification Authority of India (UIDAI) has announced a revised fee structure for Aadhaar-related services, effective October 1, 2025, and applicable until September 30, 2028. Subsequent adjustments are scheduled from October 1, 2028, to September 30, 2031.Under the new rates, standard service fees will rise: services previously costing Rs 50 will increase to Rs…
Aravind Srinivas (Image credit: Instagram handle) Chennai-born Aravind Srinivas, 31, has emerged as India’s youngest billionaire, debuting on the M3M Hurun India Rich List 2025. As the founder and CEO of AI startup Perplexity, Srinivas is gaining recognition for his work in generative AI, having an estimated net worth of Rs 21,190 crore. Srinivas’ rise…
As if cyber frauds were not enough, you will now have to deal with another evil of the AI era, vibe hacking!Cybersecurity experts are warning that AI is increasingly being misused by criminals to launch sophisticated cyberattacks. What started as “vibe coding,” a way to harness AI for productive tasks, now has a darker side:…
Finance minister Nirmala Sitharaman on Wednesday hailed the National Pension System (NPS) saying that it has emerged as a high performing and cost effective retirement planning tool, with some of the best returns among global pension products.Speaking at the NPS Diwas conference in New Delhi, organised by the Pension Fund Regulatory and Development Authority (PFRDA),…
MUMBAI: RBI has taken a series of steps to bolster consumer protection in the financial sector, starting with a move that makes access to digital banking a basic entitlement for holders of Jan Dhan and other no-frills accounts.RBI said it will review the framework for basic accounts, which are offered without minimum balance requirements, to…
The European Union is preparing to increase tariffs on steel imports as part of a push to protect local producers from cheap Asian steel and new trade barriers from the United States.The European Commission is expected to unveil a permanent plan next week, which will also slash the EU’s existing steel quotas for foreign steel…