NEW DELHI: US envoy to India Sergio Gor on Friday expressed concern over rising tensions at the Strait of Hormuz, asserting that India is “vital partner” for the United States in helping keep global oil prices stable as the Middle East conflict intensifies.Speaking at the India Today Conclave, Gor said, “Today we’re in a situation…
Global markets have been on a bit of a roller-coaster ride lately, shocked by the ongoing Middle East conflict, which has now entered its fourth week. Just by Thursday, he sharp sell off wipped off Rs 12.87 lakh crore from investor’s wealth as Dalal Street witnessed a bloodbath. Going back further, ever since the crisis…
NEW DELHI: The Centre has decided to “temporarily discontinue” the fortification of rice distributed under the free foodgrain scheme (PMGKAY) and other welfare schemes, following a comprehensive review of its implementation and effectiveness.The decision was taken on Friday after a study conducted by IIT-Kharagpur, which assessed the shelf life of Fortified Rice Kernels (FRK) and…
The crypto industry may have fundamentally misunderstood the metaverse, according to Animoca Brands chairman Yat Siu, who argues that the next phase of virtual economies would arrive not through VR headsets or immersive digital worlds, but through fleets of AI agents transacting across blockchain networks behind the scenes. Siu said the metaverse maybe coming to…
A few years after the collapse of FTX nearly took it down by association, Solana’s core builders say the network’s next phase will be defined not by survival, but by scaling into global finance. Resilience built from the debris of 2022 is now shaping the Solana ecosystems future, leaders from Jupiter, Backpack, Kamino and DoubleZero…
Panel Draws Fire For Failure To Present Notification On Poll Officers Kolkata: Calcutta HC judge, Justice Krishna Rao, on Thursday slammed the Election Commission for not producing notifications indicating if assistant professors could be appointed as presiding polling officers in assembly elections. “You (EC) can appoint judges also under Section 26 (of the Representation of…
IndiGo CEO Pieter Elbers has written to employees acknowledging the severe disruptions that have hit the airline in recent days, conceding that IndiGo “could not live up to the promise” of providing a good travel experience to passengers. The carrier has seen more than 300 flight cancellations on Thursday alone, with scores of services delayed…
Air India is beginning a makeover of its older planes, rolling out upgraded cabins on older aircraft, inducting new planes, and introducing premium airport lounges as part of a broader push to strengthen revenue and return to profitability. The airline is now shifting its focus on high-value passengers to improve earnings and move back towards…
Bitfarms (BITF) is moving its legal base from Canada to the United States and will rebrand as Keel Infrastructure as part of its pivot from bitcoin mining BTC$70,300.56 to data center development for high-performance computing (HPC) and artificial intelligence (AI) workloads. The redomiciling process, announced in a Friday press release, will be subject to shareholder,…
The TikTok US joint venture deal is expected to generate nearly $10 billion in payments for the administration of US President Donald Trump, poured in from involved investors, according to a report by the The Wall Street Journal citing sources. WSJ said that this payment forms part of an arrangement through which investors considered friendly…
