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WAVES 2025
Dream Sports shuts fintech platform Dream Money within a year of launchDream Sports, the parent company of fantasy sports giant Dream11, is shutting down its fintech venture, Dream Money, less than a year after...- India's June power consumption rises 11.6% on heatwave, delayed monsoonIndia's power consumption surged by 11.62% in June, reaching 166.46 billion units, driven by a severe heatwave and delayed monsoon. This pu...
- Scientists found a desert-adapted pest-fighting mite that could help protect crops across the world's driest regionsChilean researchers have stumbled upon a population of the beneficial predatory mite, Phytoseiulus persimilis, thriving in the extremely ar...
- Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
- Pi Ventures explores Fund I portfolio exits amid investor scrutiny over returnsWhile Manish Singhal remains a designated “key person” in the fund, Pi Ventures has witnessed several senior-level exits over the past five...
- Anti-migrant politics spark resurgence of racism, say some Britons of colourRecent incidents of violence and protests have heightened racial tensions in Britain, leading some ethnic minorities to feel increasingly u...
- In Graphics: Europe searches for ACs in soaring heatEurope’s severe heat wave is forcing many to finally consider home cooling, an idea they had long resisted for reasons ranging from socio-c...
- Delhi peak power demand hits all-time high of 8,748 MW amid heatwave conditionsIn an extraordinary turn of events, Delhi's power consumption skyrocketed to an all-time high of 8,748 MW on Monday, driven by a relentless...
- Europe heatwave: 191 million people to face 35C+ temperatures on SundayEurope is bracing for a scorching Sunday as an estimated 191 million people are expected to face temperatures of 35C or higher, particularl...
- Central Europe sizzles as heat records smashed in Switzerland, Denmark, Czech RepublicEurope is grappling with unprecedented heat waves, shattering temperature records from Switzerland to Denmark. Germany's infrastructure is ...
- Trump clean energy tax credit cutoff drives project rush as prices set to soarThe phaseout of the 20-year-old subsidies, accelerated under President Donald Trump's 2025 tax law, could drive contract prices for wind ...
- Chinese AI, chip firms are driving an onshore IPO reboundChina's tech IPOs are experiencing their strongest year since 2023, driven by Beijing's push for self-reliance in chip and AI sectors amid ...
- 'Very strong' nuclear verification needed in Iran after war: IAEA headFollowing the Middle East conflict, the UN atomic watchdog chief stressed the urgent need for robust verification in Iran to prevent nuclea...
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- Researchers finally found evidence from a region in Space where nothing is supposed to escapeA historic black hole discovery is changing how scientists explore the universe. Researchers have detected possible fingerprints of a black...
- Trump climate pushback spurs courtroom battles, report saysPresident Donald Trump's rollback of federal regulations has spurred an unprecedented wave of lawsuits in defence of climate protections, a...
- Delhivery investors cash out as stock nears IPO priceIn an exchange filing on Thursday, SoftBank disclosed that it sold around 14.6 million shares, or about a 2% stake, between September 2024 ...
- Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
- BHIM eyeing govt schemes, products to boost business growthLalitha Nataraj, chief executive officer of NPCI BHIM Services Ltd (NBSL), said the company is targeting largely untapped user segments and...
- Gold futures sink to three-month low as dollar rally batters bullionIndia's gold prices hit a three-month low on Wednesday, dropping to Rs 1.44 lakh per 10 grams, as global markets react to a bolstered US do...
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