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OPEC VOLUNTARY OUTPUT CUTS
OPEC+ agrees September oil hike, completing rollback of voluntary cutsOPEC+ approved an oil production increase of 188,000 barrels daily for September. This move completes the unwinding of voluntary output cut...- Chinese military researchers tap US AI models to train defence systemsThe previously unreported findings offer a rare glimpse into how military and security-linked institutions in China are leveraging cutting-...
- OPEC+ tipped to raise oil output as Middle East war disrupts suppliesOPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...
- 'Safe transit service': Yemen's Houthis have no plans to impose fees on ships sailing through Red SeaYemen's Houthi-run maritime body denied plans to impose fees on ships. Passage through the Bab el-Mandeb strait remains free, they stated. ...
- What is model distillation? The AI technique at the centre of the US-China technology battleModel distillation, a technique that trains smaller AI models using outputs from more powerful systems, has become a key issue in the US-Ch...
- Chinese military researchers tap US AI models to train defence systemsChinese military researchers are using U.S. AI model outputs to advance defense capabilities. This technique allows them to train specializ...
- OpenAI cuts prices on smaller models as businesses scrutinise AI spendThe ChatGPT maker lowered the cost of its smaller GPT-5.6 Luna model by 80% and its mid-tier Terra by 20%, while leaving the price of its b...
- Indian carbon market success hinges on transparent, stable designIndia is set to unveil its Indian Carbon Market later this year, aimed primarily at decreasing carbon emissions from the manufacturing sect...
- GSTN puts proposed e-way bill changes on hold after industry feedbackGST Network has postponed two e-way bill system enhancements. These changes were scheduled for implementation starting August 1. Industry f...
- BMW CEO vows to overhaul business after disappointing first halfThe company's forecast range of 1% to 3% for its core operating margin includes a 1.25 percentage-point burden from workforce restructurin...
- Brent crude jumps 7%, climbs over $90 on escalating Middle East strikesOil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low...
- School Assembly News Headlines, July 30, 2026: Top national, international, business, sports updates and thought of the dayIndia's mobile phone exports have surged significantly over the past decade. A new bill passed in Lok Sabha aims to prevent exam paper leak...
- BMW aims to cut 8,000 jobs by end 2027, source saysBMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...
- Oil prices rebound by more than $2 a barrel on prospect of tightening US crude suppliesOil prices increased significantly on Wednesday due to declining U.S. crude inventories. OPEC+ is expected to halt output increases startin...
- India's factory output grows 7.3% in June, fastest pace in nearly two yearsIndia's industrial production surged 7.3% in June, marking its fastest growth in nearly two years. Manufacturing and electricity generation...
- India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth acceleratesIndia's industrial output marked a notable 7.3 percent growth in June 2026, fueled by a strong surge in manufacturing and an uptick in elec...
- How AI is helping manufacturers cut downtime before it costs themArtificial intelligence is helping manufacturers predict equipment failures, improve product quality and optimise production before disrupt...
- EPF vs mutual funds: Which is better for retirement? EPFO compares returns, tax, pension benefits and riskThe Employees Provident Fund offers retirement security and employer contributions. Mutual funds are voluntary investments with market-link...
- Euro zone business activity returns to growth in July for first time in four months, PMI showsEuro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders and stronger ma...
- Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cutsOil prices are poised for weekly gains amid Red Sea shipping concerns. Houthi attacks on tankers have raised fears about a key shipping rou...
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