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GLOBAL ARMS RACE INTENSIFICATION
Inspira seals Rs 1,800-crore private credit for Burger King buy in IndiaInspira Global, backed by Ajanta Pharma promoters, is securing ₹1,800 crore in private credit to acquire a controlling stake in India's Bur...- Inspira seals ₹1,800-cr private credit for Burger King buy in IndiaInspira Global, backed by Ajanta Pharma promoters, is securing ₹1,800 crore in private credit to acquire a controlling stake in Burger King...
- AI race weakens climate pledges at Google, AmazonGoogle and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intellig...
- At UN, India says 'a terrorist is a terrorist', rejects any justification for terrorIndia has strongly urged the global community to unite against terrorism, emphasizing that "a terrorist is a terrorist" and no grievance ca...
- Bharti Airtel's NBFC arm begins commercial operationBharti Airtel's non-banking financial arm, Airtel Money, has officially begun its commercial operations after securing a license from the R...
- 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...
- Banks clear RBI stress test, but NPAs tick up in tough scenariosThe Reserve Bank of India's latest financial stability report indicates that Indian banks will likely keep capital levels above the regulat...
- BoB, Mizuho Bank forge partnership to enhance collaboration in M&A financingBank of Baroda has joined forces with Japan's Mizuho Bank to boost their capabilities in mergers and acquisitions financing. This collabora...
- Gurugram AI startup Brekfuz raises $525,000 in funding, valued at $7.5 millionFounded by Arhan Singhal (18), an artificial intelligence student at the University of Pennsylvania, and Sarthak Ahuja (19), a computer sci...
- The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chipsDBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, inf...
- No local holiday for Champakulam boat race after CM Satheesan's open-mic remarkThe annual Champakulam Moolam Boat Race commenced in Alappuzha without a local holiday, despite a political storm. A request for a holiday ...
- NASA races to save Swift telescope from falling back to Earth with daring rescue missionNASA is launching a daring $30 million mission this week to rescue the aging Swift Observatory from falling back to Earth. A robotic lifesa...
- Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giantsChristopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, bett...
- Chris Wood’s big warning: The specific risk that will finally trigger the end of AI tradeJefferies strategist Chris Wood believes the AI boom will end not because of a chip glut, but when investors realise hyperscalers cannot ge...
- Enhance experience with ads, not ruin itThe integrity of football is at risk with FIFA's introduction of hydration breaks, which double as advertising opportunities. Players and c...
- In 1950, Australia used a virus as a biological weapon against millions of rabbits; scientists just decoded how they fought back, using DNA from a rabbit that once belonged to Charles DarwinAustralia's 1950 introduction of the myxoma virus to control rabbits backfired as evolution intervened. Scientists, analyzing rabbit DNA ac...
- Tashi Network, DroneVerse complete drone swarm field trial in DelhiTashi Network and DroneVerse successfully conducted a 72-hour drone swarm field trial in Delhi, showcasing autonomous tactical cells securi...
- Russia's premier geopolitical platform launched in Moscow with focus on regional conflictsMoscow is hosting the 12th 'Primakov Readings' forum, coinciding with IMEMO's 70th anniversary. Over 400 global experts are debating a "Wor...
- The next AI arms race will be over certainty, not intelligenceRecent AI model restrictions by the US government signal a new era of uncertainty, impacting global tech development. India faces a critica...
- Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
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