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New York Mayor Mamdani bans AI tools till class VIII in NYC public schools

New York City Mayor Zohran Mamdani and the Schools Chancellor Kamar Samuels unveiled the new rule a week before classes begin on Sept. 10. It will apply to roughly 600,000 public school students

Kenyan Prez ousts Tata Chemicals from 100-yr-old soda-ash mineral operation

The president said he asked a unit of the Mumbai-based company "to pack and go" because it has been exporting soda ash rather than using it at local facilities to make glass and chemicals.

Nvidia buys AI platform Hugging Face from OpenAI in a $13 billion deal

Buying Hugging Face is the biggest move yet in Nvidia Chief Executive Officer Jensen Huang's push to broaden the uptake of AI and extend his customer list.

Kumar Mangalam Birla's unit draws $2.5 billion in bids for buyout loan

An Aditya Birla Group unit has secured up to ₹24,000 crore in loan commitments from four banks for its planned acquisition of Shell's renewable energy assets in India

Attacks on Iran likely to be short, says Trump; asserts Hormuz control

US President Donald Trump said renewed strikes on Iran would likely be short-lived as fresh fighting pushed up energy prices and revived concerns over a prolonged war

HDFC Bank at risk of losing top Nifty spot to ICICI amid leadership turmoil

HDFC Bank's weighting in the Nifty 50 has fallen to 9.81 per cent, narrowly ahead of ICICI Bank, as the CEO's exit and governance concerns deepen the lender's sell-off

US secures G20 support for light-touch rules on AI, emerging tech

G20 nations unanimously endorsed non-binding US guidelines favouring a lighter-touch approach to AI and emerging technologies, marking a win for the Trump administration and Silicon Valley

China 15 years behind in developing top chipmaking tools: ASML supplier

China could take about 15 years to develop extreme ultraviolet lithography machines, Zeiss semiconductor head Frank Rohmund said, as Beijing pushes for self-sufficiency amid US chip curbs

US judge blocks Trump's latest bid to restrict birthright citizenship

A US judge ruled Trump's latest executive order restricting birthright citizenship is likely unlawful, blocking its implementation for now and setting up another legal battle over the policy

Oil shipments to India face delivery hurdles on Mideast snarls

State-run Bharat Petroleum Corp. had four Persian Gulf cargoes that weren't delivered on schedule in August, according to people familiar with the matter

Uber to cut 10% of jobs, or 3,300 roles, to reduce management layers

The cuts will reduce the number of managers in the company by 20%, with some being moved to the role of an individual contributor, an Uber spokesperson said.

Floods aftermath: Nepal seeks climate compensation from India, China, US

China, the US and India have made "extremely large" contributions to climate change and left smaller nations "enduring the price of it," Nepal's Foreign Minister Shisir Khanal told Kantipur TV.

Lyte raises $165 million funding, valuation jumps 3x to $1.6 billion

The latest financing was led by Maverick Silicon, according to a statement on Wednesday, with participation from existing investors, including Fidelity Management & Research

Data centre spending to reach $31.6 trillion by 2050 on AI boom

At the same time, the tech industry is trying to blunt a backlash against data centers that threatens to slow down the buildout.

Apple Maps renames Lake Ontario to 'Lake America' after Trump order

Apple took the step after Trump signed a directive changing the name, escalating a trade spat with Canada. The order gave the Int Dept 30 days to make the switch in federal databases and materials

India's economy can near $20 trn by 2046 if current growth pace holds: CEA

The economy doesn't need "heroic assumptions" to meet that target, Chief Economic Adviser V Anantha Nageswaran said

US-Iran fighting escalates as Tehran retaliates with missile, drone strikes

The US military carried out its second round of attacks in three days, which US Central Command said targeted radar systems and mine-laying capabilities along Iran's southern coast

BP Plc appoints Ian Tyler chairman after unexpected ouster of predecessor

Tyler, who was previously chair of Cairn Energy Plc, currently holds that position at Grafton Group Plc and is also senior independent director of Anglo American Plc

Jaguar Land Rover's first electric Range Rover to cost over $200,000

The Range Rover Electric can travel 372 miles (599 kilometers) on a single charge in testing conditions, and goes from 10% to 80%-charged in 22 minutes

Apple sets pay targets at $58 million for Ternus, $47 million for Cook

The new CEO will be paid a $3 million annual base salary moving forward and receive a stock grant with a target value of $55 million next year