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Elon Musk's bigger test after airwaves is building costly network

SpaceX's spectrum acquisition could help it challenge major US carriers, but building a nationwide mobile network will require billions of dollars and more Starship launches

Elon Musk's bigger test after airwaves is building costly network
Updated On : 12 Oct 2026 | 10:51 PM IST

What is the Putin-Trump diesel deal, and can it ease US fuel price pain?

Trump has lifted sanctions on Russian diesel exports to lower US prices, but supply limits, tanker sanctions and refinery damage could curb the impact ahead of midterm polls

What is the Putin-Trump diesel deal, and can it ease US fuel price pain?
Updated On : 12 Oct 2026 | 10:48 PM IST

Top oil executives dropped from WPC Energy Congress amid Houthi attacks

Saudi authorities pressed ahead with the Riyadh congress despite deadly attacks claimed by the Houthis, as the kingdom outlined plans to expand its oil pipeline capacity

Top oil executives dropped from WPC Energy Congress amid Houthi attacks
Updated On : 12 Oct 2026 | 10:43 PM IST

Russia violated energy ceasefire announced by Trump, says Zelenskyy

Zelenskyy says Russia struck energy facilities after Trump announced a truce, while Moscow rejects a 60-day ceasefire and the EU sanctions nearly 1,600 people and firms

Russia violated energy ceasefire announced by Trump, says Zelenskyy
Updated On : 12 Oct 2026 | 10:41 PM IST

US' Homeland Security agents search home of Representative Ilhan Omar

The search takes place within the 60-day window of the midterm elections, when the Justice Department has historically avoided such investigative steps related to political candidates

US' Homeland Security agents search home of Representative Ilhan Omar
Updated On : 12 Oct 2026 | 10:19 PM IST

AI investment keeps global growth around 3%, with major Asia benefits: IMF

IMF chief Kristalina Georgieva said AI infrastructure investment is supporting global growth despite an energy supply shock

AI investment keeps global growth around 3%, with major Asia benefits: IMF
Updated On : 12 Oct 2026 | 10:10 PM IST

EU sanctions nearly 1,600 Russians and firms over drone, missile parts

The EU has sanctioned nearly 1,600 Russian individuals and firms linked to military production, targeting suppliers of drone and missile components amid the ongoing war in Ukraine.

EU sanctions nearly 1,600 Russians and firms over drone, missile parts
Updated On : 12 Oct 2026 | 5:01 PM IST

Robert E Hall, Michael Woodford win Nobel Prize in Economics 2026

Their research has strengthened economists' ability to understand and respond to economic shocks, including energy crises and sudden shifts in household consumption

Robert E Hall, Michael Woodford win Nobel Prize in Economics 2026
Updated On : 12 Oct 2026 | 4:11 PM IST

Two merchant vessels with 22 Indian sailors attacked in Strait of Hormuz

India condemned attacks on two merchant vessels in the Strait of Hormuz

Two merchant vessels with 22 Indian sailors attacked in Strait of Hormuz
Updated On : 12 Oct 2026 | 2:02 PM IST

Asia to contribute 59% of global growth in 2026, India to grow 7.3%: UNCTAD

UNCTAD projected global economic growth at 2.6% in 2026, down from 2.9% in 2025, as the global economy slows amid geopolitical tensions, energy shocks and widening development gaps

Asia to contribute 59% of global growth in 2026, India to grow 7.3%: UNCTAD
Updated On : 12 Oct 2026 | 12:52 PM IST

Nobel memorial prize in economics to be awarded in Stockholm today

The economics prize is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel

Nobel memorial prize in economics to be awarded in Stockholm today
Updated On : 12 Oct 2026 | 11:48 AM IST

Amazon in talks to acquire AI startup Decart for around $7 billion

Decart's Lucy model, ​backed by Nvidia, ​can edit live video in real time, according ​to the company's website

Amazon in talks to acquire AI startup Decart for around $7 billion
Updated On : 12 Oct 2026 | 10:01 AM IST

Pak imposes emergency in Khyber Pakhtunkhwa, suspends Imran Khan's PTI govt

Islamabad cites rising militant violence and a breakdown in talks to justify the move, as security is tightened across the province; Here are the latest updates

Pak imposes emergency in Khyber Pakhtunkhwa, suspends Imran Khan's PTI govt
Updated On : 12 Oct 2026 | 9:44 AM IST

North Korea fires multiple ballistic missiles after Seoul's hypersonic test

The launch came days after South Korea flight-tested its first domestically developed hypersonic weapon, designed to fly at least five times the speed of sound and evade missile defence system

North Korea fires multiple ballistic missiles after Seoul's hypersonic test
Updated On : 12 Oct 2026 | 9:32 AM IST

US Senators question legality of Trump's deal to allow Russian oil imports

On Friday, after a phone call with Putin, Trump announced that he had struck a deal with Russia to immediately supply 300,000 tons of diesel to the US and the global marketplace

US Senators question legality of Trump's deal to allow Russian oil imports
Updated On : 12 Oct 2026 | 9:15 AM IST

Ukrainian Prez risks rupture with Trump as US midterms pressure mounts

After Trump posted on social media about the ceasefire, Zelenskyy said he is willing to accept it, but only if Russia does too

Ukrainian Prez risks rupture with Trump as US midterms pressure mounts
Updated On : 12 Oct 2026 | 8:58 AM IST

Saudi Arabia has few options as Houthis aim at heart of its ambitions

Three deadly attacks by the Iran-backed Houthis in Yemen on an airport in the Saudi capital underscored the asymmetrical nature of their conflict with the kingdom

Saudi Arabia has few options as Houthis aim at heart of its ambitions
Updated On : 12 Oct 2026 | 8:43 AM IST

Judge orders Trump admin to cancel taxpayer-funded promotional TV ads

A federal judge in New York ordered the Trump administration to cancel any remaining television ads promoting the president's political message

Judge orders Trump admin to cancel taxpayer-funded promotional TV ads
Updated On : 12 Oct 2026 | 8:27 AM IST

Russia interfered in 2016 Brexit referendum, says UK PM Andy Burnham

Russia has long said it does not meddle in other countries' elections or referendums

Russia interfered in 2016 Brexit referendum, says UK PM Andy Burnham
Updated On : 12 Oct 2026 | 8:19 AM IST

'Army is the rule, Army is the law': India slams Pak at UN over rule of law

India criticised Pakistan over its record on judicial independence, minority rights and press freedom at a UN discussion on the rule of law, saying Islamabad was in no position to lecture others

'Army is the rule, Army is the law': India slams Pak at UN over rule of law
Updated On : 12 Oct 2026 | 8:12 AM IST