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Sony's video game plans leaked by Rhysida ransomware group: Report

Sony-owned Insomniac Games' more than 1.3 million files, including game roadmaps, budgets and information about an upcoming "Wolverine" title, have been leaked online by the Rhysida ransomware group

Steel demand in FY25 likely to be slower as elections loom: Analysts

"We expect finished steel consumption in India to increase by 9 per cent in FY25, following a 12 per cent rise in FY24," Fitch Ratings said

Ready to talk on Ukraine but will defend our national interests: Putin

Putin, who sent troops into Ukraine in 2022, has repeatedly said he would be prepared to talk about peace, though Western officials say he is waiting for the U.S. presidential election

Accenture forecasts Q2 revenue below estimates on muted IT spending

Analysts expect IT services expenditure to remain muted in the near term as businesses typically decide their annual budgets only after February

Oil rises as US launches int'l maritime mission to counter Red Sea attacks

This is an international challenge that demands collective action, Defence Secretary Lloyd Austin said in statement released just after midnight in Bahrain

Israel keeps pounding Gaza, Yemen's Houthis vow more Red Sea attacks

The conflict has spread beyond Hamas-ruled Gaza, including into the Red Sea where Iran-aligned Houthi forces have been attacking vessels with missiles and drones

WHO classifies 'low' risk JN.1 coronavirus strain as 'variant of interest'

The United Nations agency said current vaccines continue to protect against severe disease and death from JN.1 and other circulating variants of the COVID-19 virus

Euro stocks rise, yen falls after BOJ sticks to ultra-easy monetary policy

In a widely expected move, the Bank of Japan kept its ultra-low interest rates unchanged. It also made no change to its dovish policy guidance.

$245 bn IT sector sees tougher terms amid scramble for contracts: Report

The tougher contracts are likely to add pressure on an industry that is already struggling

RBI tightens norms to check evergreening of loans by lenders through AIFs

This includes companies in which lenders have current exposure such as an investment or a loan or in the past 12 months, the Reserve Bank of India (RBI) said

India's IPO momentum seen growing on prospects of political stability

India's share of global IPO proceeds is at an all-time high of 5.98%, Dealogic says, almost doubling in 2 years, while its share of Asia IPO proceeds has also grown to 9.9% this year from 5.9% in 2018

India may need to import sugar as planting wanes due to weak rains: Report

Sugar output could be even lower in the next crop year, which runs to September 2025

India's economy projected to grow at 6.3% in current fiscal year, says IMF

"India has potential for even higher growth, with greater contributions from labour and human capital, if comprehensive reforms are implemented," the IMF said.

WTO's proposed reforms leave question of appeals court unanswered

"In addressing the issue of appeal, delegates are actively exploring potential resolutions that can reconcile the diverse perspectives expressed by Members," he said

Musk gets an edge over Ambani in Centre's satellite internet battle

The proposal was included in a new draft bill for the telecommunications sector, which seeks to replace the 138-year old Indian Telegraph Act that currently governs the sector

US, China agencies race to shield secrets from quantum computers: Report

Machines vastly more powerful than today's fastest supercomputers would be capable of cracking the codes that protect virtually all modern communication, a Canadian cyber security firm has warned

Goldman Sachs faces rocky exit from Apple credit card partnership

The expected unwinding of the Apple-Goldman partnership is another blow for CEO David Solomon's consumer strategy, which aimed to broaden the bank's revenue beyond its traditional mainstays

AI may create more jobs than it can eliminate: Tech Mahindra's outgoing CEO

Generative AI technology can create more jobs than it is expected to eliminate, Tech Mahindra's outgoing CEO said, even as its ability to wreck the job market has been discussed on social media.

India KFC operator Devyani International enters Thailand with $129 mn deal

India's Devyani International said it will begin operating KFC outlets in Thailand after it acquired Restaurants Development Co in deal a worth $128.9 million, expected to be completed by March 2024.

Oil rises by more than 1% after Houthi militants attack on Red Sea tanker

Oil rose more than 1% on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruptions.