Page 12 - Latest News

DeepSeek, OpenAI and Anthropic to brief UN Security Council on AI this week

OpenAI CEO Sam Altman plans to brief the meeting, where diplomats also ​expect participation from senior representatives of Anthropic

India Inc failed to ramp up R&D spends despite '90s economic reform push

Cumulative spending on R&D was just $7.2 bn in FY26, against $61 bn spent by Alphabet alone in 2025

Need for dialogue to ensure reliable energy supplies: Hardeep Singh Puri

Oil Minister Hardeep Singh Puri said sustained dialogue between producers and consumers was essential to support investment, energy resilience and reliable supplies

FM Nirmala Sitharaman for dialogue over litigation in business disputes

Finance Minister Nirmala Sitharaman called for greater trust and transparency, saying businesses should engage early with the government and regulators to resolve differences

Security Council must reflect reality of today's world: UN chief Guterres

"We must also reform the Security Council so that it reflects today's world with the legitimacy and effectiveness that today's challenges demand," Guterres told world leaders

Chandra's reappointment and Tata Sons listing are not connected: Singhvi

Abhishek Singhvi said crucial provisions of the Tata Sons articles of association were not followed by the board at its meeting

Iran and US hint at reviving negotiations to end ongoing conflict

Iran could reopen the Strait of Hormuz to Gulf shipping within seven days if the US fulfilled Tehran's demands to ease military pressure and lift an American blockade on Iranian ports

Govt allows easier exit from hybrid annuity highway projects under new MCA

The revised model concession agreement introduces harmonious substitution for stuck HAM projects and clarifies compensation for delays attributable to the authority

Trai mandates wider choice of voice-and-SMS-only plans for consumers

Trai said in the notification adding this will give low-income consumers more choice to recharge based on their needs and financial capacity

Tumult at Bombay House: Many ways to split Tata Sons' sprawling empire

Noel Tata proposes carving up the group's ₹1.8-trillion asset portfolio into smaller, sector-specific entities to bypass the central bank's mandatory public listing threshold

Meity to flag Customs delays in chip shipments amid industry concerns

"Some industry participants have flagged a couple of cases where Customs officials at the port of entry insisted that the packaging of precision tools and raw materials be opened," said sources

Saudi Arabia restarts East-West pipeline, may resume Yanbu oil exports

The resumption of supplies ​on Tuesday helped to drive selling on global ​oil markets. Global oil benchmark Brent crude fell by more than $2 a barrel towards $97, its lowest since September 8.

Real income growth expected only in India, South East Asia: WEF survey

Most of the 36 participating economists expected inflation-adjusted incomes to fall or stagnate in nearly every geography with India and South-East Asia being the notable exceptions

Next consumption spurt hinges on wage growth: FM Nirmala Sitharaman

The next phase of consumption will be driven by upward mobility into brackets where discretionary spending accelerates, said Finance Minister Nirmala Sitharaman

Will probably let banned media back to White House if court decides: Trump

Donald trump said he will probably let journalists from ​CNN, MS NOW and Politico back into the White House if court decides

1,000 people to be trained to support exporters in districts, states: Goyal

Commerce and Industry Minister Piyush Goyal said that about 1,000 people will be trained in regional languages about trade to support existing and prospective exporters at the district, state levels

DGCA doing operational, financial checks on SpiceJet: Aviation Min Naidu

Aviation watchdog DGCA is carrying out the operational and financial scrutiny of budget carrier SpiceJet to ensure that passengers do not face any inconvenience, Civil Aviation Minister Naidu said

In UNGA, Trump repeats claim he settled war between India and Pakistan

US President Donald Trump on Tuesday repeated his claim that he settled the war between India and Pakistan last year, as he addressed world leaders at the UN General Assembly here.

India warns nationals against using Malaysia's visa-free entry to seek jobs

Indian nationals travelling to Malaysia have been advised that the 30-day visa-free facility is meant only for tourism and social visits

Rupee extends gains for fifth straight session tracking fall in crude oil

The rupee settled at 95.59 per dollar as falling crude prices and likely dollar sales by state-run banks supported the currency; the 10-year bond yield fell 4 bps