US big quantum technology bet: Trump administration backs firms with $2 billion funding tied with equity stake

The Trump administration is awarding grants to a group of quantum computing companies, including IBM, in exchange for equity stakes in some of them, deepening Washington’s push to support sectors viewed as critical to domestic supply chains and technological competitiveness, Reuters reported.The move expands the administration’s strategy of taking ownership positions in companies considered strategically…

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US-Iran war: Rs 10,000 crore ATF Price Stabilization Fund approved for OMCs – how it aims to benefit airlines, passengers

The government said that due to the crisis in the Middle East, international ATF prices have increased 2.5 times. (AI image) Amid the prolonged Middle East conflict, the government has approved an Aviation Turbine Fuel (ATF) Price Stabilisation Fund to safeguard problems being faced by airlines, oil marketing companies and fliers. This will be a…

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‘Bankipur by-election will be referendum on BJP-led govt’: Prashant Kishor | India News

Prashant Kishor (File photo) NEW DELHI: Jan Suraaj Party (JSP) chief Prashant Kishor on Saturday termed the by-poll to Bihar’s Bankipur assembly seat a “referendum” on the promises made by the BJP during last November’s assembly polls, as the state now has its first chief minister from the saffron party.In April, BJP leader Samrat Choudhary…

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Financiers can’t block borrower phones, online shaming barred

MUMBAI: Mobile phone financiers will face restrictions on “mobile lock” practices under RBI’s amended rules for loan recovery. Under the reworked draft regulation, lenders can restrict financed devices only under explicit contractual consent and after a 90-day default cycle with a staged 60-day and 7-day notice regime, while mandating that core functions such as incoming…

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Operation Sagar Bandhu: IAF choppers rescue civilians in flood-hit Sri Lanka; C-130 joins relief operations – Watch | India News

NEW DELHI: India has affirmed its solidarity with Sri Lanka during the crisis created amid Cyclone Ditwah as it continued efforts to save lives and deliver urgent relief. Under Operation Sagar Bandhu, Chetak helicopters deployed from INS Vikrant carried out search and rescue sorties across Sri Lanka during the weekend, assisting the affected.A video released…

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