Anand Mahindra, chairman, Tech Mahindra Bengaluru: Tech Mahindra chairman Anand Mahindra said the role of IT services would “not diminish” but fundamentally change as AI moves to the centre of enterprise operations.“My answer is clear: the role of IT services will not diminish. It will change. And in many ways, it will become more important,”…
Middle East oil exports to climb to 4-month high The Strait of Hormuz is slowly recovering its business after more than 100 days of disruption, with tankers once again flowing through the key passage. As the corridor is all set to get busy, Middle Eastern fuel oil exports are expected to climb to a four-month…
Just like the SPR creates storage reserves, there is now a need to create another SPR- Strategic Pricing Reserves. (AI image) By Col Rajeev Agarwal (Retired), Senior Research Consultant, CRFWith the signing of the MoU by President Trump and President Pezeshkian on 16 June and the operationalisation of the Roadmap of 60 days, there is…
Bengaluru: Customer engagement platform MoEngage has acquired US-based AI startup Aampe, bringing agentic decision-making capabilities into its platform to deliver one-to-one personalised marketing at scale. Financial details of the transaction were not disclosed. MoEngage has raised $280 million in funding so far.Aampe builds autonomous AI agents that make decisions for individual consumers, determining what message…
Before making a choice, be informed of the tax slabs and also how the math to deciding the correct tax regime works: (AI image) ITR filing FY 2025-26: Before filing your income tax return for FY 2025-26 (Assessment Year 2026-27), it’s important to know which tax regime will result in lower tax outgo – new…
As global crude benchmarks had earlier surged beyond the $100 per barrel mark, air travel became costlier due to a sharp rise in aviation turbine fuel (ATF) prices and surcharges. However, with crude prices now falling close to pre-war levels, questions are rising over what this could mean for fuel charges across the country.The Union…
Land Rover Classic has revealed a bespoke set of remastered Classic Defender V8 models while broadening its restoration portfolio with two additional body styles. The latest project showcases a special colour-shifting exterior finish and introduces the Defender 110 Double Cab Pick-Up and Defender 90 Hard Top as fresh commissioning options. Created for a single customer,…
By Evelyn Ann AbrahamAs Pride Month draws to a close, Bengaluru’s drag culture shows that ‘queer joy’ for the LGBTQ+ community is not limited to a month. Once a niche art form, drag has grown into a vibrant movement across clubs, cafés, festivals and community events all year. In Bengaluru, drag is not just entertainment;…
Crude oil prices tumbled on Thursday towards pre-war levels as tanker movement through the Strait of Hormuz picked up, easing earlier supply concerns. After surging past $126 per barrel during the Middle East crisis, oil has now fallen sharply, slipping back towards the $70 mark.Around 7 am IST, Brent crude stood at $72.90, down 1.14%…
MUMBAI: Reserve Bank of India has rebuffed calls to raise the asset threshold for upper-layer NBFCs to Rs 2.5 lakh crore, sticking to Rs 1 lakh crore threshold—a decision that keeps Tata Sons, the holding company of India’s largest conglomerate, firmly within its supervisory bracket and subject to listing requirements.Industry stakeholders had argued that the…
