The United States carried out a high-profile strike on Iranian missile sites near the strategic Strait of Hormuz on Tuesday, deploying some of the most powerful conventional bombs in its arsenal. The attack targeted underground facilities housing Iranian anti-ship cruise missiles, which US Central Command said posed a significant threat to international shipping in the…
US wholesale prices rose more than expected in February, reflecting mounting inflationary pressures even before the recent surge in global energy prices linked to the Iran conflict, according to data released by the Labor Department as reported news agency AP.The department reported on Wednesday that its producer price index (PPI), which measures inflation at the…
‘Thaai Kizhavi’ is nearing Rs 60 crore at the box office, showcasing a steady run even in its third week. The film, starring Radikaa Sarathkumar as a feared matriarch, blends dark humor with rural drama. Critics praised the storytelling and performances, though some noted issues in the second half. Its wide release continues to ensure…
The rupee fell 49 paise to hit a record low of 92.89 against the US dollar in early trade on Thursday, amid sustained pressure from a strong dollar and global market volatility.As the currency weakened, the Reserve Bank of India has significantly increased its market intervention using forward contracts, Bloomberg reported citing people familiar with…
Benchmark equity indices Sensex and Nifty closed nearly 1 per cent higher on Wednesday, extending their recovery for a third straight session amid a slight easing in crude oil prices and supportive global cues.The 30-share BSE Sensex rose 633.29 points, or 0.83 per cent, to settle at 76,704.13. During the session, it surged as much…
Kotak Institutional Equities reinstated its add rating on Aster DM with the target price at Rs 725. Analysts expect Aster DM, after its imminent merger with Quality Care (QCIL), to report robust numbers over FY26-FY28. Besides synergies, there are multiple other levers such as higher oncology mix, improved payor mix etc. to drive margin expansion….
Jeff Bezos’ company, Blue Origin, is working with NASA’s Jet Propulsion Laboratory and the California Institute of Technology on a mission to study asteroid deflection strategies. The initiative, called the Near Earth Objects (NEO) Hunter mission, is designed to incorporate asteroid detection and deflection capabilities into Blue Origin’s ‘Blue Ring’ spacecraft platform. Blue Ring is…
A 2021 post by Indian-origin entrepreneur Ankur Nagpal is at the center of a major controversy as an investigative report flagged his post as visa abuse. Nagpal wrote that if anyone was trying to immigrate to the US on an O-1 visa and needs some references, they can reach out to Nagpal and he would…
Honda Cars India has begun pan-India road testing of its upcoming electric SUV. The nationwide test run marks the start of the vehicle’s Public Road Verification programme, which will see the model being evaluated across a wide variety of real-world driving conditions before its eventual launch.The prototype of this upcoming electric SUV is known globally…
Tesla and SpaceX CEO Elon Musk has now made a fun of Nvidia and other AI rivals after the chipmaker’s GTC conference. Responding to the tech evangelist Robert Scoble’s post on social media platform X (formerly known as Twitter) that “everyone else in AI is at GTC,” Musk quipped, “While others go to conferences, we…
