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Singapore to impose green fuel levy on flights, passengers to bear costs

Under the European model, the carrier pays for the blended fuel and decides whether the cost will be passed on to passengers in ticket prices

ED has not yet found forex breaches at Paytm Payments Bank: Report

Last week, India's Enforcement Directorate announced the investigation into overseas transactions by Paytm Payments Bank, a unit of One 97 Communications, popularly known as Paytm

Reddit signs content licensing deal with AI company ahead of IPO: Report

The details of the AI deal could change as talks over the Reddit IPO launch, which could come in March, continue

China's travel spending during Lunar NY holidays beats pre-Covid levels

During the holiday, known as the world's largest annual migration, tourist attractions across the country witnessed massive crowds

PBOC leaves key policy rate unchanged under shadow of Federal Reserve

Beijing is striking a delicate balancing act to support the economy at a time when signs of persistent deflationary pressure call for more stimulus measures

Tech firms sign effort to fight artificial intelligence's poll interference

Signatories of the tech accord, which was announced at the Munich Security Conference, include companies that are building generative AI models used to create content, including OpenAI

Budget carrier SpiceJet's MD Ajay Singh submits bid for bankrupt Go First

SpiceJet shares closed 11.3% higher on Friday

OpenAI, Meta, other tech cos sign accord to fight AI election interference

Technology to identify AI-generated content or certify its origin could include watermarking or embedding metadata, the companies said

Mahindra partners with Volkswagen to get electric components, battery cells

Mahindra plans to use certain platform components, as well as Volkswagen's unified battery cell, for its own electric platform, called INGLO, the companies said

Workers at Apple supplier Flex's Tamil Nadu plant stage one-day strike

Many electronics manufacturers in India, including Foxconn and Pegatron, lack a union, while automobile factories have higher levels of organising, according to labour welfare workers

Alexei Navalny, Putin critic and Russian Oppn leader, dies in Arctic jail

Navalny's wife, Yulia, said she could not be sure her husband was dead because "Putin and his government... lie incessantly"

Egypt builds a wall near Gaza as Israeli offensive on Rafah looms

However, the preparations on the Egyptian side of the border in the Sinai Peninsula suggest Cairo is preparing for just that scenario, something that could threatened its 1979 peace deal with Israel

UN calls for 'credible' Russian investigation into Alexei Navalny death

Navalny collapsed and died on Friday after a walk at the "Polar Wolf" Arctic penal colony where he was serving a three-decade jail term, the Russian prison service said

Sam Altman seeks US govt nod for AI chip manufacturing venture: Report

OpenAI did not respond to a request for comment, while the Department of Commerce declined to comment on "individual conversations"

Foreign exchange reserves snaps two-week gaining streak, shows RBI data

The reserves fell by $5.27 billion in the reporting week, their steepest fall in a month, after having risen by a total of $6.36 billion in the prior two weeks

Nike to cut about 2% of total workforce to lower costs as demand weakens

Nike had in December outlined a $2 billion savings plan over the next three years, which included tightening the supply of some products and reducing management layers

Russian central bank holds interest rate at 16% after months of tightening

Russia's domestic demand was still outstripping production capacity, the bank said, with labour shortages still the key constraint on expanding the output of goods and services

India resumes buying Russian Sokol oil after 2-month hiatus: Report

India did not receive Sokol oil in December and January, data from trade sources and the ship tracking data shows

Egypt setting up area at Gaza border for Palestinians to take shelter

One of the sources said Egypt was optimistic talks to clinch a ceasefire can avoid any such scenario, but is establishing the area at the border as a temporary and precautionary measure

Small Indian exporters reel as Red Sea crisis helps rivals nab business

Re-routing via the Cape of Good Hope has meant ships sailing from India will often need an extra 15-20 days before reaching destinations in Europe, greatly increasing costs