World News

FM Sitharaman meets Singapore Prez, PM; discusses boosting bilateral ties

Finance Minister Nirmala Sitharaman on Friday met Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong and discussed further strengthening bilateral cooperation.

American Express fined $350 mn for weak anti-money laundering system

The OCC and Federal Reserve fined American Express $350 million over anti-money laundering compliance failures, saying the lender failed to adequately report roughly $13 billion in suspicious activity

OpenAI fires three safety researchers over alleged breach of trust

OpenAI says three safety researchers were fired for violating policies on sensitive information, while the researchers allege the dismissals raise concerns about the company's commitment to AI safety.

Trump says US will not attack Iran before November midterm elections

Trump says US-Iran discussions are productive and rules out an attack on Iran before the November 3 midterm elections, while the US blockade of Iranian ports remains in effect.

Indian-origin S African jurist Navanethem Pillay wins Nobel Peace Prize

Navanethem "Navi" Pillay has been honoured for her efforts to promote peace and international law, recognising a career spanning human rights advocacy and international justice

Airtel Money to debut on London Stock Exchange; biggest listing in 5 yrs

Existing shareholders including the Qatar Investment Authority and TPG Inc. sold 270 million shares at £1.96 apiece in the IPO, raising roughly £529 million ($700 million) in the process, according to

Israel to honour Indian pilot Smit Machchhar with top civilian award

Israel will honour Captain Smit Machchhar with its highest civilian award for helping avert a suspected crash of a flydubai flight, while the US Congress has also recognised his bravery

Mamdani accuses ICE of impunity after agent shoots man in New York

New York Mayor Zohran Mamdani said a five-year-old child was inside the man's vehicle when federal agents opened fire in the Bronx

OpenAI's Sep annualised revenue nears $50 billion, below earlier estimate

The company previously indicated to investors at a separate event that its revenue run rate for last ‌month was approaching $70 billion

Harvard, MIT face visa probes amid Trump admin's crackdown on global talent

The sweeping fraud probe is focused on J-1 visas, which at universities are often held by international PhD candidates and visiting scholars

SpaceX takes aim at US wireless carriers with spectrum acquisition

SpaceX has agreed to acquire Grain Management's nationwide 800 MHz spectrum portfolio, strengthening Starlink Mobile's push to deliver satellite connectivity directly to standard phones

Trump honours Microsoft's CEO after Vance drops H-1B visa hammer on company

Of the six tech leaders who received an award for scientific and technological achievement from the president, five are immigrants

80% of H-1B filings were for existing employees, not new hires: Microsoft

The statement came on Thursday hours after Vice President J D Vance suspended Microsoft from a programme to apply for green cards for foreign workers, accusing it of abusing the system

Meta bans TikTok advertisements on its platforms in US, six other countries

The move marks an escalation in the long-running rivalry between Meta and ByteDance, whose video-sharing app TikTok has emerged as one of Meta's most formidable competitors for user engagement

US charges Maduro, wife with overseeing repression, torture of Americans

The torture charges add to pressure on the ousted authoritarian leader and his wife, Cilia Flores, who were seized from their Caracas home by the US military in January

US sanctions 27 firms, 22 vessels in fresh crackdown on Iran's oil trade

The latest action was aimed at cutting off revenue used by the Iranian regime and targeting those facilitating Iran's oil sales and sanctions evasion

Trump honours Elon Musk with National Medal of Science at White House

Trump, before presenting the award, described Musk as 'an industrial titan, a brilliant engineer, and one of the greatest technology founders to ever live'

India-US bond yield spread stays near 22-year low despite RBI rate hike

Faster rise in US Treasury yields is narrowing the gap, potentially deterring foreign investors and keeping the rupee under pressure

Immigration and skilled talent mobility are distinct issues: Nasscom

The IT industry body says Indian technology firms have reduced their dependence on H-1B visas and expanded local hiring in the US amid fresh restrictions on the PERM programme

Cognizant, Infy, Tata among IT firms suspended for US green card programme

US Labour Department suspends Cognizant, Infosys, Tata, Wipro, HCL, Capgemini, Microsoft and Adobe from the permanent labour certification programme.