Oil prices rose more than 2% on Monday as fresh Houthi attacks on Saudi Arabia and Iranian strikes on vessels in the Gulf added to supply concerns following the shutdown of a key Saudi oil pipeline.Brent crude futures rose $2.90, or 2.77%, to $107.51 a barrel by 2313 GMT. US West Texas Intermediate (WTI) crude…
Navya Naveli Nanda on building her own identity beyond the Bachchan-Nanda family legacy. At 28, Navya Naveli Nanda’s corporate journey began in an environment far removed from the usual image associated with her famous family – around tractors and heavy farm machinery. Today, the entrepreneur works alongside her father, Nikhil Nanda, Chairman and Managing Director…
A 13-year-old boy has transformed discarded drink cans into a regular source of funding for food banks and charities across the West Midlands. Ryan started collecting cans after looking for a meaningful way to spend his spare time helping people in need. His simple idea has since grown into a community effort, with residents and…
AI-generated representative image: Unsold video game cartridges are depicted being buried under landfill waste, illustrating the reported disposal of Atari cartridges in a New Mexico landfill in 1983. Credits: ChatGPT At a landfill in Alamogordo, New Mexico, in September 1983, Atari disposed of truckloads of video-game cartridges and computer equipment. Among the material were cartridges…
Tamil Nadu CM Vijay flags off Le Mans race at Silverstone; Trisha Krishnan spotted. Tamil Nadu Chief Minister and actor Vijay made a memorable appearance at Silverstone on Saturday as Ajith Kumar competed in the latest round of the Michelin Le Mans Cup. Vijay attended the event to support Ajith Kumar and waved the green…
BENGALURU: India’s data privacy push is creating demand for a new breed of technology professionals who can translate regulations into working systems, as companies grapple with increasingly complex data environments and rapid adoption of artificial intelligence (AI).Privacy has traditionally been handled by legal, compliance and cybersecurity teams. But as the Digital Personal Data Protection (DPDP)…
NEW DELHI: Alternative-fuel vehicles may have overtaken petrol cars in India-but only if hybrids are counted as alternatives. FADA’s Aug registration data showed petrol’s share of passenger-vehicle retail declining to 40.8%, while CNG, electric and hybrid vehicles together reached 41.9%.The crossover appeared to mark a significant change in India’s fuel mix, with alternatives moving ahead…
Mumbai: Localisation, using alternatives wherever feasible and removing non-essential product features to cut cost of production. These are some measures brands are undertaking as they prepare for the festival season.CEOs are clear that measured price increases have to be taken amid persistent commodity inflation but margins also have to be sacrificed to an extent to…
New Delhi: Foreign investors pulled out Rs 13,138 crore from Indian equities in the first half of Sept, as heightened global uncertainty pushed crude oil prices higher, while rising US bond yields and a firm dollar weighed on risk appetite.The latest outflow comes after Foreign Portfolio Investors (FPIs) turned net buyers in July and Aug,…
Mumbai: RBI has proposed a new framework under which banks will temporarily freeze only the disputed transaction amount, rather than the entire account, when unusual transfers of Rs 1,000 or more are flagged as potentially linked to mule accounts or cyber fraud.Banks will be required to use AI-based transaction monitoring systems to identify transfers that…
