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India to roll out data centre policy as concerns grow over power use
India is preparing a dedicated data centre policy to address concerns over electricity consumption and protect consumers from higher power bills, Minister of State for IT Jitin Prasada said on Wednesday. The move comes amid local protests against planned Amazon and Google projects over water, electricity and environmental concerns.
Tata's Semiconductor Bet is a Long-Term Play for India, Says Chandrasekaran
Tata Sons Chairman N Chandrasekaran views the group's investment in semiconductors not as a short-term financial play, but as a critical long-term commitment to India's growth and self-reliance in a sector vital for domestic consumption and global supply chains.
Mutual funds reshuffled their stock portfolios in September 2026, increasing exposure to select large-, mid-, and small-cap stocks while cutting holdings in others. Find out which stocks saw the biggest changes across market capitalization.
September WPI Inflation rises to 11.39% as food, fuel and manufactured goods prices increase
In manufactured items, WPI inflation was at a series high of 9.76%, higher than 8.37% in August
Sony Vizha to launch on October 19 with Tamil Idol, Celebrity MasterChef
Sony Pictures Networks India will launch its Tamil general entertainment channel Sony Vizha on October 19 at 8 p.m. The channel will feature reality shows, series, films, and live cricket focusing on Tamil culture. Notable programs include Tamil Idol and Celebrity MasterChef Tamil with A. R. Rahman and Samantha Ruth Prabhu as judges. Other shows will cover themes like friendship and real-life crime cases set in Tamil Nadu.
Tanishq CEO Arun Narayan bullish on festive demand, but watchful on rural trends
Tanishq CEO Arun Narayan expects a strong festive season despite elevated gold prices, with consumers increasingly exchanging old jewellery to fund new purchases. Over 50% of transactions at Tanishq stores now involve gold exchange, a trend that has gained momentum following Prime Minister Narendra Modis appeal to curb gold purchases.
Paytm's Indian ownership rises to 56%; domestic institutions continue to raise stake
In a notable development, One 97 Communications Ltd., Paytm's parent company, observed a significant rise in domestic share ownership as of Q2 FY 2027. Indian investors now hold over 56% of the firm, which illustrates a positive trend towards local equity involvement. Furthermore, domestic institutional ownership has soared to 29.5%, reflecting heightened engagement from local institutional players. In contrast, foreign direct investment declined to 18.
Vijay Deverakonda and Rashmika Mandanna are preparing for the release of their film Ranabaali in theaters. They recently visited Tirumala to pray before the film's premiere on October 16. The couple resides in a luxurious home located in Jubilee Hills, Hyderabad, valued at around Rs 20 crore. Scroll down and let's take a look.
Tata Power's Growing Role In Data Centres
Tata Power is positioning itself as a key partner in India's rapidly expanding data centre ecosystem, with a significant opportunity pipeline across renewable energy, transmission, and distribution. The company is broadening its offerings to include comprehensive solutions like powered land and grid connectivity, actively supporting hyperscalers and AI-ready digital infrastructure, particularly in the Mumbai Metropolitan Region.
India needs strong insurance regulation, but interventions must be judged by their impact on coverage, claims and consumer outcomes. Irdai should correct market failures without prescribing commercial choices.
Adenocarcinoma is a type of cancer that arises from glandular or secretory cells. Adenocarcinoma is the predominant variant of lung cancer. Lung adenocarcinoma arises when cells in the lung tissue, especially those that line the airways and secrete mucus, experience malignant transformations.
Explained: What is Account Aggregator framework, and how does it work?
rom November 1, financial institutions will pay a standard fee to access customer data through the Account Aggregator network. Here's how the framework works and what the new pricing means for users
How GIFT Nifty can help investors understand market trends before the opening bell
GIFT Nifty plays a pivotal role as a futures contract that encapsulates overnight global market shifts. It is essential for estimating the daily opening position of the Nifty 50. Investors analyze the discrepancy between the current GIFT Nifty and its previous close to decipher market trends. Though it offers a directional hint, it is not a guarantee of market behavior.
Canadian resident got notice for 83L STCG; he wins
DGCA bans one power bank model after Indigo scare
Air India's Frankfurt-Delhi flight diverted to Jaipur following bomb threat
Flight AI2030, operated with a Boeing 787-9 aircraft, made an emergency landing at the Jaipur International Airport and was taken to an isolation bay for security checks
SC to hear plea concerning SIR on October 28
Co-working beats IT/ITeS in India office leasing
For the first time, co-working spaces have surpassed the IT/ITeS sector as the largest occupier of office space in India during the January-September period, indicating a significant shift towards flexible workspaces, according to Anarock Research and Advisory.
AI Hiring Boom Pushes FDE Jobs Higher, but Questions Remain
Forward Deployed Engineer job postings in India surged 1,807% year-on-year in June 2026, reflecting a shift driven by AI adoption.
Wholesale inflation jumps to 11.39% in September as food, fuel costs rise
India's wholesale inflation accelerated from 9.92 per cent in August as fuel and power prices climbed, food inflation quickened and factory-gate prices rose across several industries
WPI inflation rises to 11.39% in Sep on rise in prices of food, fuel, manufactured items
The WPI has been on an upward trajectory since the beginning of this fiscal year as the West Asia war and the resultant blockade of the Strait of Hormuz
Indias natural gas demand fell by 1.5 mt due to West Asia conflict: Report
LNG demand across South Asia is expected to decline by around 6 mt in 2026 and the outlook beyond 2026 has been downgraded, the report said
Tata Power announces 15,000 crore Mumbai grid expansion plan to meet rising AI demand
Tata Power is implementing its 15,000 crore plan expand its transmission network in Mumbai and is intended to support the increasing energy requirements of hyperscalers and data centres. The company plans to enhance its existing 110 kV and 220 kV networks while developing new receiving stations. The company also aims to expand its green energy projects as well as its overall infrastructure capacity.
Shekhar Suman, 66, says he can perform 50 to 60 push-ups in one go and follows a strict fitness routine. He recalled building six-pack abs in 2010-11, after which Shah Rukh Khan and Hrithik Roshan messaged him. In interviews with Curly Tales, Hindustan Times and GQ India, he discussed varied workouts, avoiding cheat days, eating nutritious foods and staying consistent despite fitness plateaus.
Gold futures in India fell nearly 0.25% on Wednesday, while silver futures declined 0.70%. Retail prices varied across major cities, with jewellers potentially adding taxes and making charges.
Gold rate today: 24k vs 22k vs 20k vs 18k prices
India, a dynamic market growing rapidly, is a long-term commitment for Adyen
Indian businesses are going global, and international players are turning towards India. Adyen, with its global platform and local expertise, is helping navigate payments and regulatory requirements in India and outside. Terming India an exciting market , Adyen is recognising and fulfilling the need for a single infrastructure layer capable of connecting global systems to the local markets.
WPI inflation quickens to 11.39% in September from 9.9% in August
Wholesale prices in India rose significantly to 11.39% in September, driven by rising fuel and food costs. Retail inflation also increased to 5.54%, attributed largely to higher vegetable prices. Concerns remain over food inflation maintaining elevated levels due to factors like uneven monsoon rainfall and El Nino risks. Increased global commodity prices are further affecting food production costs and transportation expenses.
Hospitality Connect 2026 Redefines Connectivity: Exponential Real Estate World
VMPL Mumbai (Maharashtra), [India], October 14: Exponential Real Estate World, India
AMFIs September 2026 data show a shift in net inflows across select equity mutual fund categories. How did large-cap, dividend yield, and sectoral funds perform across different time horizons? We compare category flows and scheme returns to examine the changing performance landscape.
N-E monsoon: Trough may bring bursts of showers, deceptive clear spells for TN coast
Chennai should watch not merely for a darkening sky or a sudden wind shift, but also for persistent easterlies (winds blowing from the east), growing cloud bands and organised convection
AI skills redraw entry-level jobs map
Indias IT-BPM sector is set to revive fresher hiring after a sharp contraction, but the recovery is rewiring the skills companies seek in graduates.Fresher hiring in the sector is projected to rise to up to 2.1 lakh in FY27, after falling to an estimated 1.75 lakh in FY26 from 4 lakh in FY22, according to technology consulting and talent advisory firm HAN Digitals IT-BPM Graduate Hiring Outlook 2027.However, demand is increasingly shifting towards artificial intelligence (AI), machine learning (ML), data engineering, cybersecurity and other specialised technology roles, away from conventional entry-level coding and business process outsourcing jobs.IT Services players will remain the largest employers of the sectors freshers, accounting for about 60% of hires, though growth now will be concentrated in AI-adjacent and specialised roles.GCCs are the fastest-growing channel, expected to recruit 28% of talent as they expand intake into Tier II/III cities. Pure-play BPOs share keeps shrinking, mirroring the shift from routine execution to specialised, AI-adjacent work.The rise in fresher hiring reflects a structural reset in how IT services firms are building their talent pyramid, said Saravanan Balasundaram, CEO, HAN Digital Solution.As system integrators and IT Service providers sign more AI, data engineering and AI-enabled deals with existing and new clients, the bench capacity reduced by layoffs over the last few years can no longer absorb the demand, he said. At the same time, new AI roles in data engineering, AI testing, annotation and model operations are opening up at the base of the pyramid, where AI-ready graduates can be skilled and deployed at scale, while mid-level hiring in the four+ years band remains under cost and productivity pressure.The shift is changing expectations from new recruits. As AI tools take over parts of routine coding, testing and repetitive tasks, employers increasingly want graduates who can work with AI systems, validate their outputs and apply technology to business problems.The skillsets that companies are hiring for are definitely changing, said Sangeeta Gupta, senior VP, Nasscom. Its much more focused on AI capabilities there are new jobs that are also opening up with data centres coming up.The traditional model of bulk hiring, six months of training and deployment is also changing. The new kind of freshers companies need are AI-native, she said.This change is also visible in salaries. Freshers with AI-allied skills can command significantly higher pay, indicating that employers are increasingly paying for specialised skills rather than graduate headcount alone.Indias Tier-1 IT Services players 2027 fresher model offers Rs 1222 lakh for select specialised engineers in AI, data engineering, cybersecurity and enterprise tech as the premium shifts toward specialised technology capability, found the report.This would never happen in the past, said Gupta, citing Infosys plan to offer up to Rs 21 lakh for certain specialised tech roles. Entry-level salaries across ITeS meanwhile have largely stagnated at Rs 3-4 lakh for years.Recruitment geography is widening too. Bengaluru remains the leading fresher destination, accounting for an estimated 25% of onboarding, followed by Delhi-NCR at 17%, Hyderabad at 16%, Chennai at 15% and Mumbai and Pune at 10% each. Yet, Tier 2/3 corridors are outpacing metro growth, albeit on a smaller base, at 35% year-on-year.Coimbatore, Jaipur, Kochi, Indore, Ahmedabad, and Visakhapatnam are attracting freshers via local GCC centres and IT services players seeking lower-cost talent pools beyond major metros.
Sunil Bharti Mittal stated that he applied for satellite service approvals in India five years ago. His ground network has been ready for the last three years, waiting for final approvals. Mittal highlighted the importance of regulatory clearances for expanding connectivity beyond traditional mobile networks. Bharti Airtel is also investing in digital infrastructure, data centers, and sovereign cloud services.
India's place in a world of 'choke points'
An Air India flight from Frankfurt to Delhi was diverted to Jaipur after receiving a bomb threat. The Boeing 787-9 aircraft made an emergency landing at Jaipur International Airport for safety checks. Airport officials alerted police to the emergency situation involving the flight. The pilot had activated a security signal indicating unlawful interference while in the Mumbai Flight Information Region.
Bomb & hijack threat: Air India flight diverted
Luggage lost during journey, man wins Rs 43,000
NHAIs FASTag Annual Pass costs 3,075 and covers up to 200 crossings at participating national highway and expressway toll plazas. It is valid for one year or until crossings run out, whichever comes first, and is available for eligible private cars, jeeps and vans.
Blackstone plans to invest $100 bn in India, eyes real estate, heathcare
Blackstone plans to expand its India exposure from $50 billion to $100 billion, targeting sectors including data centres, healthcare, manufacturing and financial services
India's inflation hits 5.54%: Onion prices up 108%, food inflation 7.74% | 10 numbers explained
Shekhar Suman has an impressive four-storey penthouse in Mumbai, which features Victorian-style interiors and beautiful sea views. The penthouse includes multiple balconies, a gym, a home theatre, and a study for work. Suman discussed the intricacies of his home's dcor and the role his wife, Alka, played in its design. Scroll down and take a look.
Nexedge Capital appoints former Avendus Wealth CEO Apurva Sahijwani as co-founder
Nexedge Capital has appointed Apurva Sahijwani, previously with Avendus Wealth Management, as co-founder to strengthen its leadership. It aims to utilise his experience for expanding its presence in India's wealth management sector. Nexedge Capital currently operates in 11 cities and advises more than 1,300 ultra-high-net-worth individuals and families.
Railway employees may get productivity-linked bonus: How much can they expect this festive season?
The Union Cabinet is expected to consider railway employees productivity-linked bonus on 14 October, but no payout has been approved. The Railway Board says a circulating letter claiming approval of a 78-day bonus is forged.
Kelly Clarksons NYC home has a room she shuts away after Christmas, but theres a quirky twist
Kelly Clarksons New York home near Central Park features a dedicated Christmas room that stays decorated throughout the year. The singer told actor Robin Wright that she shuts the doors after decorating but returns with her children to dance and play Christmas songs. Her living room features a cream boucl sofa, green chenille armchairs and a striped pouf that doubles as extra seating.
India stands ready to work with ASEAN as reliable, equal partner: Rajnath Singh
Defence Minister Rajnath Singh on Wednesday called for stronger defence cooperation between India and ASEAN countries, including joint research on maritime security, counter-drone systems, cyber defence and disaster response, stressing that regional challenges require collective action and practical solutions.
How to invest when your income doesnt arrive every month
For freelancers and business owners, irregular cash flows can make monthly SIPs difficult to sustain. An annual investment target, fixed asset allocation and adequate liquidity can help.
Women in Uttar Pradesh: Pioneers of Rural Economy and New Indias Destiny, Says CM Yogi
CM Yogi Adityanath emphasizes the transformative role of women in Uttar Pradeshs rural economy on Sharadiya Navratri. Women in Uttar Pradesh: Pioneers of Rural Economy and New Indias Destiny, Says CM Yogi
India Prepares For Global Turbulence
Union Minister Ashwini Vaishnaw warned of increasing global turbulence from tech disruptions, AI, and financial risks. He stated that India is actively strengthening its economic and technological resilience to protect its growth from external shocks, emphasising the importance of trust in global supply chains and continuous partner evaluation.
Bank of Baroda to defend interests after UAE businessman Shetty files $15 bln suit
Bank of Baroda is contending with a $15 billion lawsuit filed by B.R. Shetty following NMC Health's collapse. Shetty alleges that bank officials facilitated fraudulent transactions and ignored anti-money laundering warnings. The bank is currently pursuing recovery proceedings against Shetty for significant outstanding dues. Bank of Baroda has stated that it has not been served with the lawsuit yet.
Importers in the RBIs crosshairs amid rupees relentless slide
Forward dollar purchases, a gauge of importer demand, soared 44% to $64 billion a month this year, compared with 2025
UK-India trade projected to grow by 25.5 billion a year under CETA
Deputy Trade Commissioner highlights lower barriers and opportunities at Mumbai marketplace event; UK brings large business delegation
India tightens Mauritius tax treaty rules to prevent misuse of tax benefits, effective August 10
The Finance Ministry has unveiled an important amendment to the India-Mauritius Double Taxation Avoidance Agreement. Effective August 10, the new Principal Purpose Test seeks to curb potential abuses of tax treaty benefits. This allows tax authorities to examine claims more thoroughly, specifically targeting investment vehicles based in Mauritius, such as foreign portfolio investors and private equity funds, to maintain fair taxation practices.
The eagerly awaited live-action adaptation of Moana is all set for digital debut this month. Starring Catherine Lagaaia as Moana, with Dwayne Johnson returning as the iconic Maui, the film revolves around the themes of bravery and self-discovery. Despite the original theatrical version grossing $323 million, it struggled with audience turnout. Read on to know when and where to watch it online.
I-T dept nudges 12,000 tax professionals to file AY 26-27 audit reports by deadline
The communication has been sent to select professionals who have filed fewer than 50% of the tax audit reports for AY 2026-27, compared to the previous financial year
'Don't worry': Piyush Goyal sends a message to the world on India-US ties
At the Bloomberg New Economy Forum, Union Commerce and Industry Minister Piyush Goyal shed light on the promising future of India and the US's partnership. He expressed his belief in the strong bond that is expected to grow, while addressing fears regarding its effects on other nations. Goyal confirmed that this alliance is stable and poses no threats, fostering a hopeful view for the future of their relations.
'Small' pains: Inflation squeeze likely to choke FMCG volume growth again
India's fast-moving consumer goods sector is under pressure as inflation reshapes how consumers spend their money. Rather than splurging on high-end products, buyers are preferring smaller, budget-friendly options. Data suggests that inflation tends to shrink average FMCG pack sizes. Notably, urban areas are seeing a more significant shift in spending compared to rural regions. Price increases in multiple categories are likely on the horizon.
Rupee rises 44 paise to 94.92 against US dollar during early trade
The rupee appreciated 44 paise to 94.92 against US dollar in early trade on Wednesday, supported by Reserve Bank of India interventions designed to ease near-term dollar demand and limit speculative foreign exchange exposure. Forex traders said the USD/INR pair, which has gained nearly 2 per cent in the last three trading sessions, opened on a positive note on Wednesday, largely driven by regulatory measures implemented by the RBI to limit volatility and curb speculative trading. A sustained move below the 95.00 threshold opens potential toward 94.50, but ongoing external macroeconomic pressures are likely to temper further gains, they said. At the interbank foreign exchange market, the rupee opened at 95.05, then gained ground to touch 94.92, registering a gain of 44 paise over its previous close. On Tuesday, the rupee strengthened for the third straight session and appreciated 42 paise to close at 95.36 against the US dollar. Meanwhile, Finance Minister Nirmala Sitharaman on Tue
Union Cabinet likely to take up productivity-linked bonus for railway employees on Wednesday
The Union Cabinet is likely set to take up a proposal on productivity-linked bonus for railway employees. Non-gazetted railway employees currently receive Rs 17,951, calculated using a wage ceiling of Rs 7,000 for 78 days. The move comes amid demands to raise the ceiling and increase the annual bonus payout.
CA Nitin Kaushik highlighted a Rs 2 lakh monthly salary budget where Rs 30,000 remained unexplained after accounting for expenses, investments and EMIs. He advised checking take-home pay, tracking planned versus actual spending and separating predictable annual bills from unexpected costs. Kaushik noted that investing Rs 30,000 monthly for 20 years at an illustrative 10% return could build roughly Rs 2.3 crore.
RBI open to more steps to curb FX speculation, Governor Sanjay Malhotra says
RBI Governor Sanjay Malhotra said the central bank may take further steps to curb speculative forex trading and ensure orderly movement in the currency market. He said recent restrictions aim to support genuine hedging needs, not impose capital controls.
Mumbai Airport defers shift of international flights to Navi Mumbai by 5 months
The planned shift of international operations from the airport in Mumbai to Navi Mumbai has been deferred to the summer schedule, pushing the transition back by five months, people familiar with the matter said.
India-US trade deal: Negotiations heading towards a landing point, says Jaishankar
I think we are waiting on a few things..Its a small order, he said
Shekhar Suman recently opened up about the heartbreaking experience of losing his son Aayush to a fatal illness at 11. He discussed the challenges of balancing his acting career with the demands of caring for Aayush during his critical health battles. This major tragedy transformed his views on achievement and what truly matters in life. Read on!
Makhi Janta Party after CJI's 'hammer to kill fly'
Following a visit to the Brooklyn shop Art of Play, singer Kelly Clarkson found herself in a dispute over a pricey singing bird automaton called Molly. Clarkson claimed she was treated poorly by an employee and discovered the automaton was allegedly listed at $15,000. However, Art of Play denied these claims, stating the item was not for sale and used in performances.
Greta Gerwigs Narnia: The Magicians Nephew will release in theatres on February 12 before streaming on Netflix from April 2. With a reported $280 million budget, the fantasy film explores Narnias creation through two children transported from 1900 London. The adaptation features Meryl Streep voicing Aslan, a casting choice that has sparked discussion among fans of C.S. Lewis beloved fantasy series.
Online shopping, job and lottery scams in India 2026: 67% of victims recover no money, survey finds
Nearly 67% of Indian scam victims who lost money recovered nothing, while 33% of reported cases remain unresolved. From online shopping fraud to AI-enabled scams, here's what the findings reveal and what consumers need to know.
Kolkata Rajdhani train introduces floral comforters
Lena Dunham to bring back 'Girls' for a 5-episode run on HBO 10 years after its finale
HBO will revive the show 'Girls' for a limited five-episode run starting production in 2027. Lena Dunham will return as the lead character Hannah, alongside the core cast members. The revival comes a decade after the original series concluded and gained recognition for its cultural impact. Judd Apatow is returning as executive producer, ensuring continuity in production.
Piyush Goyal meets Rishi Sunak, Czech minister; trade, tech partnerships on agenda
Union Minister Piyush Goyal met with Czech Republic Deputy Prime Minister Karel Havliek to discuss economic cooperation. He also had discussions with former UK Prime Minister Rishi Sunak regarding strengthening India-UK economic ties. The meetings emphasized collaboration in trade, investment, and technology partnerships between the nations involved. Goyal highlighted the importance of industry collaboration in enhancing economic relations and trade opportunities.
Living abroad does not automatically make you a non-resident for Indian tax purposes. Residency depends on the number of days spent in India, income and other conditions. Know about the 182-day and 120-day tests, deemed residency, ITR exemptions and the transition to the Income Tax Act, 2025.
Joe Buck, the announcer for ESPN's 'Monday Night Football', will guest judge on 'Dancing with the Stars'. This special episode is titled 'Super Bowl Night' and features performances inspired by past Super Bowl halftime shows. Buck has had a long broadcasting career, covering various sports including football, baseball, and golf. He is married to Michelle Beisner, who is also involved in sports journalism.
India-US trade deal heading towards landing point, EAM Jaishankar says
External Affairs Minister S Jaishankar indicated that India and the US are advancing their trade deal negotiations. Both countries are addressing outstanding issues, with officials working diligently to find resolutions. Jaishankar emphasized that the negotiations are complex due to competitive agreements being made by the US with other economies. He noted the significance of tariffs in relation to the US's efforts to reindustrialize its economy.
OpenAI engineer faces bugging charge
Washington: An engineer at OpenAI has been charged with secretly installing a recording device inside a conference room in what officials said Tuesday was an effort to capture sensitive conversations about the company's technology.The employee, identified as a 35-year-old Saudi national named Abdulrahman Alfozan, was arrested Friday, a week after the ChatGPT maker discovered an audio recording device hidden inside a company conference room, according to a criminal complaint filed in federal court in San Francisco.Also read: Meta says its new AI models on par with OpenAI, AnthropicThe complaint did not identify the company, but the company confirmed in a separate statement that it had discovered a sophisticated recording device that was hidden inside one of our offices, reported the finding to the FBI and fired the employee.We used our models to understand the device and where it had come from, identifying that a specific employee had planted it a few days earlier. We referred the matter to the FBI, and we're grateful to the agents and prosecutors who moved quickly to make an arrest. The FBI's investigation is ongoing and we will continue to support their work, an OpenAI spokesperson said.— OpenAINewsroom (@OpenAINewsroom) At this time, we have no indications of this individual inappropriately accessing or exfiltrating model weights, source code, or customer data. The employee was terminated, the statement said.The complaint does not detail what Alfozan might have wanted to do with any captured communications, but the company said the device was sophisticated, designed to evade detection and featured advanced encryption and audio monitoring capabilities.OpenAI said it had evidence the employee planned to place other listening devices throughout other parts of the office building for the purpose of recording meetings.This alleged attempt by a Saudi national to steal sensitive communications from OpenAI was taken extremely seriously. Theft of intellectual property involving cutting-edge super intelligence technology poses a serious threat to our national security, Attorney General Todd Blanche said in a statement on X.Alfozan made his first court appearance Tuesday on a charge of using or endeavoring to use an electronic, mechanical, or other device to intercept oral communications. It was not immediately clear if he had a lawyer who could speak on his behalf. He is due back in court on Oct 19.The recording device was found September 30 concealed in toilet paper and inserted into a USB port on the back of a television in an executive conference room, according to the complaint.Though the conference room where the recording device was found did not have a security camera at the time the object was installed, closed-circuit television footage inside the company's offices revealed that Alfozan was near the conference room on nearly a dozen occasions last month despite not having any authority to access the space or participate in meetings there, the complaint says.The company subsequently added a camera to the room that last week captured Alfozan entering and checking behind the television where the recording device had been installed, according to the FBI.Also read: OpenAI and Anthropic fear a major AI crisis in the next 6 to 12 months. Heres what theyre preparing forThe complaint also alleges that he used a productivity tool to make multiple inquiries about the company's building addresses, meeting rooms, meeting-room capacities and calendars.Days before his arrest last week, the complaint says, Alfozan left behind an unattended bag in a different room that, when opened by OpenAI personnel, was found to contain his wallet, identification and another recording device similar to the one placed in the conference room.
The CBDT has expanded its SAKSHAM NUDGE initiative to include tax professionals, sending nearly 12,000 reminders to those with lower-than-usual tax audit filings.
Streaming platforms are set to delight audiences with an exciting lineup of new films and series coming out this week. From mysteries to romances, this week South OTT releases has something for everyone. From The Traitors Telugu to Malayalam movie Aasha, read on to know when and where to watch them online.
Trump says Taiwan agrees to buy 30% of gas from Alaska pipeline
Taiwan has committed to purchasing 30% of the gas from a pipeline project in Alaska. This agreement was discussed during a rally by Donald Trump in Wasilla, Alaska. In a prior deal, CPC Corp of Taiwan had agreed to buy liquefied natural gas from Alaska Gasline Development Corp. Additionally, this investment is intended to bolster Taiwan's energy security.
Bhagwant Mann's ex-OSD Manjit Singh Sidhu joins Congress ahead of 2027 Punjab polls
Manjit Singh Sidhu, former Officer on Special Duty to Punjab Chief Minister Bhagwant Mann, has joined Congress. He stated that his commitment to Punjab's interests overshadowed his past affiliation with Aam Aadmi Party. Sidhu emphasized that his transition to Congress was driven by his dedication to Punjab and the country rather than personal ambitions. He clarified that he has not requested any position within the Congress party.
US hits Bank of America with $1.2 billion fine, says it violated money laundering, sanctions laws
The US Treasury Department announced a $1.2 billion fine against Bank of America for violating anti-money laundering laws. This penalty marks the third-largest ever imposed by the department in its history. Alongside this fine, Bank of America settled for $11.6 million over sanctions violations related to various programs. The bank acknowledged willful violations of the Bank Secrecy Act, emphasizing its commitment to compliance.
Rubio to visit Mumbai, Jamnagar from October 17-22
Spill Games raises $10.5 million led by Elevation
IN-SPACe pushes space cos to adopt indigenous chips
IBM to deploy Indias first quantum computer next yr
FM Sitharaman ready to hear out stock market tax debate
Finance Minister Nirmala Sitharaman expressed interest in the discussions surrounding stock investment taxes and their implications. She mentioned that changes to these taxes are highly anticipated ahead of the Union Budget. Additionally, Sitharaman noted that the Reserve Bank of India is working to manage rupee volatility through specific measures. She emphasized the importance of maintaining strong economic fundamentals during these discussions.
Flights to Saudi Arabia suspended until Oct 17
Mumbai: Airlines have suspended flights to Saudi Arabia until October 17 after the kingdom's aviation regulator suspended operations at Riyadh's King Khalid International Airport, disrupting travel across the region and leaving passengers seeking alternative routes.Air India, Air India Express and IndiGo have suspended services to Riyadh, Dammam and Jeddah, with IndiGo also suspending flights to Medina, according to an advisory issued by the Indian Embassy in Riyadh on Tuesday. Akasa Air has also suspended flights to Riyadh and Jeddah until the same date.The disruption has spread to international carriers. Emirates cancelled multiple services to Riyadh, Dammam, Jeddah and Medina on October 12 and 13, while Etihad Airways cancelled Abu Dhabi-Riyadh flights through October 19 and services to Jeddah and Dammam through October 14. Flydubai has reported cancellations affecting Riyadh, Dammam and Abha through October 19. Qatar Airways has suspended flights to Riyadh and Dammam without announcing a resumption date. Gulf Air has cancelled Riyadh services through October 17.European carriers have also extended disruptions. Lufthansa Group has cancelled Riyadh flights through October 16, while Air France-KLM has suspended services to the Saudi capital through the end of October. Philippine Airlines has extended its Riyadh suspension until November 29.The suspensions come after an attack at Riyadh airport on October 10 killed Indian national Mohammed Yousef Ali and injured 11 others. Four of the injured Indians remain in intensive care, four are receiving treatment in hospital wards and three have been discharged, the embassy said.While operations at Riyadh airport have been suspended, flights at other major Saudi airports, including Dammam, Jeddah and Medina, continue, though they face disruptions. Saudi carriers Saudia and Flynas are operating some scheduled services, according to the embassy.The disruption is forcing passengers to check alternative travel options as airlines adjust their schedules. Indian nationals needing to leave Saudi Arabia in an emergency can consider flights from neighbouring Gulf countries, particularly Qatar and Bahrain, subject to obtaining the required visas, the embassy said.It advised Indian nationals to remain in contact with their airlines to verify flight status. It also said Saudi authorities would allow visitors, tourists, Umrah pilgrims and business travellers who overstayed their visas because flights were unavailable to leave without paying fines.The Indian Embassy in Riyadh and the Consulate in Jeddah continue to operate normally. The embassy has opened a 24-hour control room to assist Indian nationals as the situation evolves.
Ircon International has placed four highway assets for sale in a government-led monetisation programme. These assets include toll-road and hybrid annuity model projects located in Madhya Pradesh, Rajasthan, Karnataka, and Gujarat. The enterprise value of the assets is estimated to be around 3,000 crore, as advised by Axis Capital. Currently, Ircon is a Navratna company primarily earning from its railway segment.
States asked to expedite capex loans utilisation
The Department of Expenditure has urged states to expedite their use of interest-free loans for capital investment. With only a quarter of funds allocated utilized, swift action is necessary to meet spending targets. The central government released around 51,000 crore under the Scheme for Special Assistance to States for Capital Investment by October 1. The department is actively working with states to resolve delays and identify projects.
'Whisky shortage, cheaper imports to weigh on Amrut's sales through 2030'
Amrut Distilleries is facing an inventory shortage as whisky demand continues to exceed production capabilities. The company's managing director Rakshit Jagdale indicated sales may remain flat leading to 2030. Rising imports of cheaper Scotch are also impacting sales of domestic whisky brands, particularly newer blends. Amrut plans to introduce a more affordable single malt and expand its portfolio with blended malt whisky.
Bihar joins Maharashtra, UP in curbing sale of non-subsidised fertiliser
Bihar has imposed restrictions on the sale of non-subsidised fertilisers to control access for farmers. These restrictions could limit the availability of advanced crop nutrition products through existing distribution networks. Industry executives warn that this move may lead to significant losses and hinder investment in new technologies. Concerns have been raised about potential impacts on soil health and crop productivity.
Hospitals, clinics may now have to display service rates prominently
Clear display of rates helps patients and their attendants understand the likely financial implications of treatment, make informed decisions and plan their healthcare spending, health secretary Punya Salila Srivastava said in a communication to state and UT health authorities.
