NEW DELHI: The country Narendra Modi flew into on Sunday is one of European Union’s more restless members — a Nato state whose prime minister has courted Vladimir Putin, balked at arming Ukraine and kept a wary eye on Washington’s tariffs. That Modi chose this moment to visit Slovakia, becoming the first Indian prime minister…
BENGALURU: Homegrown AI startup Sarvam has raised $234 million in a funding round led by HCLTech and Bessemer Venture Partners, catapulting its valuation to $1.5 billion and making it one of India’s newest AI unicorns.The round also saw participation from existing investors Khosla Ventures and Peak XV Partners. As part of the transaction, HCLTech invested…
NEW DELHI: Goods exports rose 18% in May to a record $45.2 billion, driven by higher oil prices and restoration in supply chains and shipments to West Asia near last year’s level. With imports rising 20.5% to a seven-month high of $73.4 billion, trade deficit widened to $28.2 billion in May.“We have carried forward the…
MUMBAI: India’s balance of payments swung from a surplus of $0.5 billion in April 2025 to a deficit of $ 6.6 billion in April 2026, even as the current account moved into surplus during the period. The current account recorded a surplus of $4.7 billion in April 2026 compared with a deficit of $4.8 billion…
Commodity Futures Trading Commission chair Michael Selig weighed into the perpetual futures debate in a Monday appearance on CNBC’s “Fast Money,” defending his agency’s decision to approve the asset domestically. Selig said that incumbents will always fear the future, but that the commission is looking to onshore products that are being developed internationally to ensure…
The U.S.-Iran peace deal reached over the weekend provided the stimulus many markets had been waiting for. Oil fell more than 4% on news the Strait of Hormuz would reopen, copper jumped. MSCI’s broadest index of Asia-Pacific shares rallied 3% and Japan’s Nikkei 225 hit a record high. Crypto markets, however, posted muted gains after…
MUMBAI: When Air India flight AI 171 crashed into the B J Medical College hostel in Ahmedabad on June 12, 2025, it killed 241 of the 242 people aboard and 19 more on the ground, among them were four medical students having lunch in their hostel mess. Though all the 260 people killed were victims…
A sports-themed display in a Beijing mall ahead of the World Cup kickoff on June 11, 2026. CNBC | Yin Hon Chow BEIJING — Long gone are the days when catching World Cup soccer games on the go meant buying a portable mini television set. Instead, consumers in China can just whip out their phones….
Dancing Girl” in NCERT’s class 6 Social Science textbook (ANI photo) NEW DELHI: In a swift move, National Council of Educational Research and Training (NCERT) decided to restore the original version of the iconic “Dancing Girl” of Mohenjo-daro in its new class IX textbook with immediate effect on the digital books available online as well…
President Donald Trump said over the weekend that the U.S and Iran had reached a peace deal and will sign it on June 19. Among other conditions, the agreement sees the removal of the U.S. naval blockade and the reopening of the Strait of Hormuz. Crude oil fell 5% to around $80 per barrel. It…
