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Wheat crop in India under threat from warm weather before harvest

Rainfall across the country's northwest region, a major wheat growing belt, has been almost 80 per cent below normal since the beginning of the year, according to the India Meteorological Department

Citi India to buy $1 bn of asset-backed securities amid slow deposit growth

Private banks have historically been rare in the market, but have begun tapping it or exploring deals amid regulatory pressure

President Trump's admin to check amount of gold stored at Fort Knox

The president's comments come amid speculation over an idea that the US Treasury could revalue its gold stockpiles

EU ready to discuss lower auto tariffs with US, says bloc's trade chief

The EU commissioner said the bloc will do its "utmost" to avoid an escalatory tariff clash

Musk's companies set to add $613 bn in value since presidential election

Investors are eager to get close to Musk, the so-called first buddy, who poured money into President Trump's campaign and is now running the administration's controversial cost-cutting efforts

Trump team plans firings of probationary workers at NIST, key agency for AI

NIST was responsible for helping implement key initiatives under the Biden administration, including funds for semiconductor manufacturing and setting standards for artificial intelligence use

Meta CEO Zuckerberg lobbies US senators on AI, seeks to muster influence

Zuckerberg met with senators one day after his personal charity announced it was ending diversity, equity and inclusion programmes

Nasa working to exempt probationary employees from government-wide layoffs

The expectation comes after Nasa employees had braced for news of job cuts on Tuesday, six people familiar with the matter said Wednesday

Prez Trump vents at Boeing, suggests 'different route' for Air Force One

Trump was personally involved in negotiations with Boeing for new versions of the planes - which have been in service for three decades - during his first term

Trump to sign order to block federal funds for undocumented migrants

The order directs federal departments and agencies to identify federally funded programmes providing financial benefits to migrants in the country illegally

President Trump eyes giving taxpayers cut of DOGE savings amid uproar

The remarks were the latest signal that Trump is working to justify his DOGE effort, which has sent shockwaves through Washington as Musk's moves to slash the federal government's spending

Centre plans more airfare oversight as Maha Kumbh Mela costs stoke ire

The review was triggered by an avalanche of complaints from fliers about inflated pricing by airlines during the more than a month-long Maha Kumbh festival, billed as the largest human gathering ever

Microsoft unveils first quantum computing chip for future data centres

The company says its Majorana 1 chip harnesses 8 qubits, the building blocks of quantum computing, on a sticky-note-sized piece of hardware it figures could eventually host 1 million of them

BP weighs potential sale of Castrol Lubricants unit amid Elliott push

A sale of the business is one of the many options BP is considering to win back investor confidence after years of under performance

Microsoft unveils generative AI tool that can create video-game scenes

Microsoft's Xbox team and other industry players are eager to use AI to help reduce the hundreds of millions of dollars studios typically spend on blockbusters

DOGE says it saved $55 billion, itemised data show only $16.6 bn of that

Treasury Secretary Scott Bessent echoed claims that DOGE had found an estimated $50 billion savings so far

Govt to allow ambassador-level Taliban post to counter China: Report

Najib Shaheen, a diplomat in his early 30s at the Afghan embassy in Doha, is the main contender for the ambassador-level role in New Delhi, according to officials familiar with the discussions

Japan raises concerns over auto tariffs with US as Trump threatens 25% hike

It's not clear if Japan is also seeking an exemption from the auto tariffs as Trade Minister Yoji Muto didn't respond directly on Tuesday when asked about it

HSBC to incur $1.8 bn in costs over next two years in CEO's revamp

Europe's largest bank, which has been deepening its push into Asia and some Middle East markets, reported fourth-quarter pretax profit of $2.3 billion

DOGE effort has saved estimated $50 billion so far, says US treasury secy

He added the cost-cutting effort could eventually lead to several percent of GDP that we are saving