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US jobless claims fall sharply to 206,000, biggest drop since Nov

That was lower than all but one estimate in a Bloomberg survey. In the past year, new applications have fallen below the 210,000 mark only a handful of times

Meaningful deal in 10 days or 'bad' things will happen: Trump warns Iran

"Otherwise bad things happen," Trump, who has repeatedly threatened to attack Iran, told the first meeting of his Board of Peace in Washington

GalaxEye's OptoSAR satellite to use AI for Earth data analysis

Bengaluru-based private space technology company GalaxEye's upcoming satellite mission, Mission Drishti, will feature NVIDIA Jetson Orin, a powerful compact computer designed to run complex artificial intelligence models, officials said on Wednesday. It will help the satellite accelerate processing and interpretation of Earth observation data in space, and quickly deliver the data to its customers. In a statement, GalaxEye CEO Suyash Singh said, "Taking NVIDIA Jetson Orin to space aboard Mission Drishti is a defining milestone for GalaxEye. Building on our successful in-space demonstration in 2024, we're advancing to next-generation of Earth observation satellites." Mission Drishti will also carry what GalaxEye calls the world's first SyncFused OptoSAR architecture, which integrates Electro-Optical (EO) and Synthetic Aperture Radar (SAR) sensors on a single satellite platform. While EO sensors capture high-resolution images during sunlight and clear skies, SAR sensors provide ...

ATR bets on 2026 production ramp-up amid strong turboprop demand

The company logged 60 gross orders and 50 net orders last year, taking its backlog to more than 160 aircraft, while revenues held steady at about $1.2 billion

Shivraj Singh Chouhan calls for making tree planting a mass movement

Union Agriculture Minister Shivraj Singh Chouhan on Thursday stressed the need to make tree plantation a mass movement for protecting the environment and addressing the challenge of climate change. He was speaking at an event to mark the completion of five years of his pledge to plant at least one sapling everyday. Chouhan, who is also the minister of rural development, started this green initiative on February 19, 2021, on the occasion of Narmada Jayanti, when he planted saplings of 'Rudraksha' and 'Sal' at Amarkantak. The minister has planted more than 6,000 saplings in the last five years. Addressing the event, Chouhan announced that all the programmes organised by his two ministries would start with plantation of saplings. He also directed the officials of Indian Council of Agricultural Research (ICAR) to do the same. Plants should be given to honour the dignitaries in such programmes. After the successful completion of five years of his pledge, the minister emphasised the nee

What are the health insurance options available to NRIs visiting India?

NRIs' overseas health plans may not be accepted in Indian hospitals since they may not have the relevant tie-ups; for such contingencies, it is best to take a local travel health

India likely to join US-led 'Pax Silica' strategic bloc on Friday: Report

India is likely to formally join a US-led strategic alliance, known as 'Pax Silica', which is aimed at building a resilient supply chain for critical minerals and artificial intelligence. The move comes amid efforts by the two sides to finalise the proposed trade deal and move forward on several other initiatives to solidify the bilateral ties after a spell of severe strain in the relations. India is likely to formally join the 'Pax Silica' initiative on Friday, people familiar with the matter said. The initiative was launched in December to build a secure, resilient, and innovation-driven supply chain for critical minerals and artificial intelligence (AI). The Pax Silica Summit was held in Washington on December 12 where partner nations signed the Pax Silica declaration. The declaration lays out a shared vision of deep economic and technology cooperation across supply chains -- from raw materials through semiconductors and AI infrastructure -- and commitment to mutual prosperity

Former UK Prince Andrew arrested for 'misconduct in public office'

Thames Valley Police issued a statement confirming the arrest of a man in his sixties from Norfolk as part of an ongoing investigation

Airbus to ramp up H125 helicopter production in India to 10 by 2029

Bullish on the growth potential of the Indian market, aerospace major Airbus plans to produce 10 H125 helicopters annually from the final assembly line, established in collaboration with Tata Advanced Systems in Karnataka, by 2029. Asserting that helicopters can be a tool for "nation building", as well as public services, Airbus Helicopters CEO Bruno Even said efforts would continue to contribute to the development of the ecosystem in India. "We strongly believe in the potential of the helicopter market in India... we strongly believe that H125 helicopters can be a key enabler to boost this civil helicopter market in India," Even told PTI in an interview in the national capital. Airbus, along with Tata Advanced Systems Ltd (TASL), has set up the country's first private sector helicopter Final Assembly Line (FAL) for the H125 at Vemagal in Karnataka. On February 17, Prime Minister Narendra Modi and French President Emmanuel Macron virtually inaugurated the facility. According to Ev

Andhra secures India's largest battery Gigafactory by Waaree Energies

In a major boost to India's clean-energy manufacturing and self-reliance, Waaree Energies will establish India's largest integrated lithium-ion battery Gigafactory in Andhra Pradesh with an investment of Rs 8,175 crore. The project will come up at Rambilli in Anakapalli district and is expected to generate around 3,000 direct jobs. The greenfield facility will have a capacity of 16 GWh and will cover the complete battery value chain, including cell manufacturing, battery packs and large-scale Battery Energy Storage Systems (BESS). The project has received in-principle approval from the Andhra Pradesh State Investment Promotion Board, chaired by Chief Minister N Chandrababu Naidu. Welcoming the investment, Nara Lokesh said this project marks a significant milestone in Andhra Pradesh's clean-energy journey. "Waaree's gigafactory will be India's largest battery manufacturing plant and will play a critical role in reducing import dependence while strengthening domestic manufacturing i

SC to begin hearing anti-CAA pleas from May 5, pan-India matters first

The bench said it will hear the pleas related to pan-India application of the CAA first and then take note of the petitions pertaining to Assam and Tripura later

Bombay HC asks govt to fix systemic failures in land acquisition cases

The Bombay High Court has slammed the Maharashtra government for its "large and systemic failure" in dealing with land acquisition matters, depriving owners of compensation, and directed it to adopt a "mission-mode" to resolve them. A bench of Justices Vibha Kankanwadi and Hiten Venegavkar of the HC's Aurangabad bench on Tuesday said the continued failure to complete acquisition proceedings, even after possession and completion of projects, amounts to a continuing wrong and breach of constitutional duty. Its remarks came on a plea filed by a bunch of residents in Beed district whose lands were acquired by the irrigation division in 1996 for a village water tank construction, but the acquisition proceedings were not yet completed due to which they had not received the compensation. The bench noted that many of the affected landowners are agriculturists, illiterate or rustic persons who may not even be aware of the formal acquisition proceedings or that they are entitled to compensati

Big Food pours millions into rebrands as obesity drugs reshape US demand

Peter ter Kulve, CEO of Magnum Ice Cream, said GLP-1 users continue to eat treats, but they exhibit "a stark reduction of mindless munching and binge eating"

Apple drops ESG performance metrics from executive pay packages

The retreat is a setback for a mechanism once viewed as a promising driver of corporate action on climate and water conservation, among other issues

Island on Edge questions the cost of Great Nicobar development push

The NGT's clearance for the Great Nicobar project highlights a widening gap between procedural environmental safeguards and the lived ecological and cultural costs on the ground

Budget 2026 shifts focus to allied sectors as farm economy diversifies

Despite criticism over gaps in farm support, Budget FY27 sharply raises allocations for fisheries, animal husbandry and cooperation, underlining the growing role of allied sectors

B'desh PM Tarique Rahman chairs first cabinet meeting, sets 180-day agenda

Bangladesh Prime Minister Tarique Rahman on Wednesday chaired the first meeting of his newly formed cabinet, which set a 180-day priority plan with a focus on controlling commodity prices, maintaining law and order and stabilising supply chains. Rahman, the 60-year-old chief of the Bangladesh Nationalist Party (BNP), was sworn in as the 11th prime minister on Tuesday after leading his party to a forceful victory in the 13th Parliamentary polls held on February 12. The first meeting of the new cabinet was held at the Cabinet Division in the Secretariat. Briefing reporters after the meeting, Home Minister Salahuddin Ahmed said it is customary for a newly formed government to hold a session on its first day in office. The government has set a 180-day priority plan, with initial focus on controlling commodity prices, maintaining law and order, stabilising supply chains, and ensuring uninterrupted gas and electricity supply, Ahmed was quoted as saying by The Daily Star newspaper. He ad

NYC Mayor Mamdani threatens 10% property tax hike as last-resort option

What's more, City Council leadership is adamant they oppose a property-tax increase. The proposal would need approval from the council to be implemented

ICAI to roll out information systems audit standards this month

The Institute of Chartered Accountants of India (ICAI) will come out with the information systems audit standards later this month. The Information Systems Audit Standards (ISAS) seek to strengthen the audit process within the country's digital ecosystem. The institute will be coming out with 11 ISAS. ICAI President Prasanna Kumar D on Wednesday said it would be the first time that a professional institute would be coming out with such standards, and added that its central council approved the standards earlier this month. According to the institute, ISAS would establish a direct linkage between system controls and financial reporting integrity. "In an environment where financial statements are ERP (Enterprise Resource Planning)-generated, system-processed, algorithm-driven, and cloud-hosted, strong information systems controls are essential. "By strengthening assurance over automated entries, revenue systems, core platforms, and technology-based processes, ISAS enhances the ...

Markets calm as ECB President Christine Lagarde's exit buzz grows

An ECB spokesperson said Lagarde was focused on her job and had not taken any decision regarding the end of her term