Page 6 - Bs Web Reports

Fewer IIT, IIM alumni turn entrepreneurs despite rise in startup formation

According to a new report, 79 IIT and 20 IIM alumni founded tech startups in January-August 2026, against 307 and 71, respectively, in the whole of 2025

2 foreign nationals die of suspected electrocution in Bengaluru hotel pool

A German airline crew member and an IBM project manager were among those killed; two others injured while attempting to rescue them are out of danger

EPFO exploring new investment options, including startups and AIF: Report

The proposed framework could open the door to startup and private equity exposure, but fund selection, risk limits and approval will determine how EPFO deploys the money

UPS contributions: Centre clarifies rules for probation, suspension & leave

The latest instructions also cover delayed deposits, restoration of investment units and who processes retirement benefits for employees on deputation.

Sebi makes direct plans default: Know how much investors can save on SIPs

Investors opting for regular plans will have to be informed about their higher costs, as the regulator seeks to improve transparency and protect mutual fund investors

Cabinet approves ₹10,000 cr container manufacturing scheme: Why it matters

The scheme aims to raise India's annual container manufacturing capacity nearly tenfold to 750,000 TEUs, create jobs and reduce reliance on imports

Less-educated women drove India's female workforce growth: Icrier

A new Icrier report found that women with lower levels of education drove female workforce growth, while household responsibilities and wage gaps continued to shape women's employment across sectors

US agency has revoked status of 2.2 mn undocumented immigrants since 2025

USCIS says enforcement actions since January 2025 are nearly seven times the comparable total under Biden's final two years

Chinese parents sue OpenAI over daughter's death linked to ChatGPT advice

The parents allege that ChatGPT encouraged their daughter to reduce her epilepsy medication and are seeking stricter restrictions on AI-generated medical advice

Explained: What are dark GPUs and how are they holding back the AI boom?

Power shortages are leaving billions of dollars' worth of AI chips unused at data centres. Here's what dark GPUs are, why they matter and how they could slow the AI boom

Govt defends IDBI Bank valuation, says process added ₹3,917 cr to deal value

The Finance Ministry said the Core Group of Secretaries on Disinvestment had the authority to decide the bidding process, which helped increase the IDBI Bank stake sale value by ₹3,917 crore

Sun Pharma's ILUMYA gets USFDA approval for psoriatic arthritis treatment

The US FDA approval expands ILUMYA's use beyond plaque psoriasis, adding a new treatment option for adults with active psoriatic arthritis

Delhi air quality improves after rain, AQI drops to 111 on Friday morning

Overnight rainfall brings relief to the national capital, with the AQI improving from 229 on Thursday to 111 on Friday morning

Christine Lagarde to step down as European Central Bank chief in Feb 2027

Christine Lagarde, who took charge of the ECB in 2019, steered the eurozone through the Covid pandemic, the Ukraine war, an energy crisis and inflation pressures linked to the US-Iran war

Rahul Gandhi backs IDBI Bank staff, questions Fairfax privatisation

In a letter to IDBI Bank employees, Rahul Gandhi questioned the government's decision to sell a majority stake to Fairfax, citing concerns over reservations, service conditions and public ownership

NPS charge hike deferred to Dec 1: What subscribers must know about terms

PFRDA's revised fee structure includes a Rs 200 onboarding charge and an annual fee of 0.20 per cent of assets, subject to exemptions

87% people in Delhi-NCR want other pollution sources tackled first: Survey

Delhi will bar non-BS-VI petrol and diesel vehicles registered outside the capital from Nov 1 to Jan 31, 2027, affecting vehicles from Gurugram, Noida, Ghaziabad and Faridabad

US green card sponsorship rules under review: Here's what could change

The proposal targets recruitment standards, US worker layoffs and employer compliance. Existing PERM rules remain in force until a final regulation takes effect

UK salary and per diem: When can Indians claim tax relief in India?

Tribunal ruling in New Delhi offers relief on a Rs 16.17 lakh allowance, but employees must establish their tax residency and eligibility under the India-UK tax treaty

India's GDP growth seen at 7.35% in Q2 FY27 amid risks: Finance ministry

Stronger industrial output, energy consumption, port traffic, GST collections and auto sales support the growth outlook, while inflation, energy price volatility and geopolitical tensions pose risks