Fresh controversy has erupted around Mark Zuckerberg and Meta after a purported leaked internal audio recording suggested that the tech giant may have been monitoring employee computer activity to improve its artificial intelligence systems. The incident has triggered widespread debate over workplace surveillance, employee privacy, and the growing influence of AI-driven automation inside major technology...
In a major corporate fallout triggered by public criticism, the head of Starbucks Korea has stepped down following widespread backlash over a controversial military-themed promotional campaign linked to “Tank Day.” The incident ignited intense debate across South Korea, where critics accused the company of insensitivity and poor judgment in using military imagery for commercial marketing....
India witnessed another sharp increase in fuel prices as petrol and diesel rates were revised upward for the second time within a week, adding further pressure on household budgets and transportation costs. State-run oil marketing companies increased fuel prices by nearly 90 paise per litre across several metropolitan cities, following an earlier hike of ₹3...
India’s financial services landscape is witnessing a significant strategic investment move as the promoter group of TVS Motor Company prepares to acquire up to a 9.9% stake in Jana Small Finance Bank. The transaction marks a notable diversification and expansion effort by the TVS-linked entities into the banking and financial services ecosystem. The proposed investment...
The Indian rupee plunged to a historic low against the US dollar, breaching the psychologically significant 96 mark amid surging crude oil prices, mounting geopolitical tensions, and persistent pressure on emerging market currencies. The sharp depreciation has intensified concerns over inflation, import costs, and broader economic stability in India as global financial markets react nervously...
India and the United Arab Emirates have significantly expanded their strategic partnership by finalising a series of agreements spanning defence cooperation, energy security, and maritime and shipping collaboration, alongside investment commitments worth approximately $5 billion. The deals were concluded during Prime Minister Narendra Modi’s brief but high-impact visit to Abu Dhabi, where both sides reaffirmed...
Ride-hailing and urban mobility platform Rapido has secured $240 million in a fresh funding round, marking a significant milestone in its rapid growth journey and pushing its valuation to $3 billion. The latest investment underscores strong investor confidence in the company’s expanding role in India’s increasingly competitive mobility and logistics sector. The funding round was...
OpenAI has introduced its advanced coding assistant Codex to the ChatGPT mobile application, marking a significant step toward making AI-powered software development more accessible on smartphones and tablets. The move reflects the company’s broader push to integrate professional-grade AI coding tools into everyday workflows, enabling developers, students, and technology enthusiasts to write, review, and understand...
The Indian government has decided to continue restrictions on sugar exports until September 30, extending its policy aimed at safeguarding domestic supplies and keeping retail prices under control. The move comes as authorities remain cautious about food inflation, changing weather conditions, and the impact of fluctuating agricultural output on the country’s sugar balance. The export...
Global technology giant Cisco is preparing to eliminate approximately 4,000 positions as part of a broad restructuring initiative aimed at strengthening its artificial intelligence capabilities and streamlining operations for long-term growth. The move comes at a time when the company is witnessing a surge in customer demand and increased enterprise spending on AI-powered infrastructure solutions....