Latest News, Updates & Breaking Headlines
Standard Chartered will eliminate roughly 7,800 jobs by 2030, around 15 per cent of its corporate functions, as the Asia-focused lender leans on AI to slim down its back office. The bank employs nearly 82,000 people worldwide, and more than 52,000 of them sit in the corporate functions being targeted.CEO Bill Winters, the UK’s longest-serving…
AGRA: A 35-year-old ex-merchant navy captain accused of running a cyber slavery racket that trafficked Indian youths to Cambodia on the pretext of overseas jobs was arrested by a cyber crime team, police said on Friday. Accused Nagesh Kumar alias ‘Captain Chauhan’ of Himachal Pradesh’s Kangra district, was held in Chandigarh and brought to Agra…
The IT corridor in Chennai along Old Mahabalipuram Road (OMR) significantly contributes to Chennai’s real estate scenario. The city is known for its steady growth supported by industries such as the IT sector, manufacturing sector, and health care sector. With assured job creation and affordable housing, the city presents itself as a secure and relatively…
Global oil prices surged and equity markets weakened on Friday after fresh strikes on energy infrastructure in Iran and in retaliation Islamic Republic escalating threats to key facilities across the Gulf raised concerns over supply disruptions.Natural gas prices increased by more than 5%, while Brent crude rose to $111.19 in early trading and extended its…
Given the ongoing regional conflict involving Iran, there has been a widespread disruption across global aviation. It has forced airlines across the globe to suspend or cancel flights to major Middle Eastern aviation hubs including Dubai, Doha, Abu Dhabi and Riyadh. Airports across the Middle East, including Dubai International Airport, Al Maktoum International Airport, and…
Saudi Aramco’s Ras Tanura refining facility in Saudi Arabia was hit by falling debris from the interception of an Iranian drone on Monday, as the conflict between the United States, Israel, and Iran continues even after Iran’s supreme leader Khamenei’s killing.A Saudi military spokesman made the announcement on the state-run Saudi Press Agency. The Jerusalem…
Finance Minister Nirmala Sitharaman, presenting the Union Budget on Sunday, announced a new scheme to support states in setting up five regional medical hubs in partnership with the private sector. These hubs will function as integrated healthcare complexes, combining medical care, education, and research, and aim to position India as a leading destination for medical…
A massive winter storm disrupted air travel across the United States on Sunday, triggering widespread flight cancellations and delays at some of the country’s busiest airports and setting up what airlines warned would be a brutal travel day.The National Weather Service said late Saturday that widespread snow, sleet and freezing rain threatened nearly 180 million…
In Hyderabad, where you live often determines how your day moves.At dawn in the Old City, narrow lanes stir to life, history leaning out of crumbling balconies as two-wheelers squeeze past street vendors. Across town, in the western IT belt, swipe-ins and long commutes dictate an early start.Two worlds—one city. For decades, connected by maps,…
CAPTION: At IIT-Bombay, space, science and technology minister Jitendra Singh dedicates to the nation the liquid helium facility, which will decrease the reliance on foreign sources of helium and reduce costs of cryogenic experiments to a tenth of the present value and contribute significantly to the growing research portfolio of superconductivity, quantum computing and sensing,…
