(Representative AI image) China’s exports grew at a faster pace in June, boosted by a temporary easing of US tariffs that encouraged a surge in orders before a looming August deadline.According to customs data released Monday, exports rose 5.8% year-on-year, up from May’s 4.8% growth, while imports posted their first increase this year, rising 1.1%.The…
NEW DELHI: The student accused of raping a woman on the campus of a top management school in Kolkata has admitted to purchasing sleeping pills and mixing them into cold drinks and water offered to the woman before the alleged assault, according to a senior police officer, quoted by PTI.“The accused had admitted to having…
MUMBAI :Adani Electricity continued its campaign against electricity thefts in suburbs. In a latest media report, it announced filing 1,166 FIRs against electricity theft offenders in 2024-2025, showing an increase from 974 FIRs in 2023-2024 — rise of 20%.This enforcement led to a reduction in distribution losses to 4.70% in 2024-25 from 5.47% previously.The company…
NEW DELHI: India’s booming futures and options (F&O) market saw a sharp dip in trading activity last week, with volumes dropping by nearly 20%, following Securities and Exchange Board of India’s (Sebi) ban on New York-based quantitative trading firm Jane Street over alleged market manipulation.The daily average turnover in index options on the NSE, which…
Gibran raises $2.6 million to build nature-inspired, adaptive AI systems (Representative AI image) BENGALURU: AI research startup Gibran has raised $2.6 million in a seed round led by Together Fund to develop a new class of adaptive, scale-free systems that augment human creativity and decision-making. The company draws on principles from evolutionary biology and complex…
NEW DELHI: The Aircraft Accident Investigation Bureau (AAIB) revealed the five-member panel involved in the probe of the Ahmedabad plane crash, which claimed 260 lives.The panel submitted its 15-page preliminary report on Saturday, which revealed that the fuel control switch transitioned from ‘Run’ to ‘Cutoff’ and a MAYDAY call was issued just two minutes after…
Following the Air India AI-171 accident investigation, Etihad Airways ordered an inspection of a Boeing 787’s fuel control switch locking mechanism after a flight diverted back to Abu Dhabi. The focus is on a potential locking system failure, as highlighted in a prior safety bulletin, which could lead to unintended fuel cutoff. MUMBAI: An Etihad…
Bitcoin surged past the $120,000 mark for the first time on Monday, setting a new record as optimism grows over potential regulatory clarity in the US.Bitcoin reached a new all-time high of $121,207.55 during Monday’s Asian trading session, before settling at $120,856.34, representing a 1.5% increase, Reuters reported.Starting this week, the US House of Representatives…
NEW DELHI: The Congress and BJP engaged in a war of words after Congress MLA Vijayanand Kashappanavar accused the BJP of preparing a list of 55 Congress legislators who would face ED or CBI raids if they refused to join the saffron party.Congress MLA Vijayanand Kashappanavar accused BJP of planning to topple the government in…
Market experts indicate that ongoing uncertainty in trade talks could maintain markets in a consolidative phase. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday. While Nifty50 was below 25,100, BSE Sensex was down over 200 points. At 9:18 AM, Nifty50 was trading at 25,095.20,…
