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MUMBAI: Amazon India, a late entrant to the quick commerce space, is speeding up expansion of its 10-minute delivery service after rivals Zepto and Swiggy’s Instamart (they are bigger in terms of quick commerce growth, share and reach) lined up new funding to grow market share in the cash-guzzling sector. In Oct, Zepto bagged $450…
TL;DR: Driving the newsGlobal arms revenues surged to an all-time high of $679 billion in 2024, up 5.9% in real terms, according to the latest SIPRI Top 100 ranking. While Europe and the US drove most of the increase, Asia and Oceania stood out as the only region to post a decline—largely due to a…
Honduras presidential candidates Nasry Asfura (L), Salvador Nasralla (C), and Rixi Moncada (R) Honduras held its presidential election on Sunday, amid growing concerns that the country could lose US aid if US President Donald Trump’s preferred candidate fails to win.The incumbent leader, Xiomara Castro, is a leftist and the first woman to serve as president…
De De Pyaar De 2 led the box office on Tuesday with ₹1.75 crore, maintaining strong momentum in its second week. The rom-com sequel’s success is notable against newer releases. Gujarati blockbuster Laalo also showed remarkable consistency, earning ₹1.70 crore, while Mastiii 4 and Malayalam thriller Eko followed closely. Farhan Akhtar’s war drama 120 Bahadur…
MUMBAI: Call it the impact of new age D2C brands bringing about a shift in consumption patterns as they build products to cater to different consumer nuances, or more households going premium helped by rising incomes, global FMCG giants are bringing foreign brands to India. Be it PepsiCo getting its Australian gourmet snacking brand Red…
US President Donald Trump signed an executive order establishing the “Genesis Mission,” an ambitious federal initiative designed to counter China’s growing AI capabilities by creating a centralised platform that harnesses decades of government scientific data to accelerate American research breakthroughs across critical fields including energy, medicine, and national security.The order, which Trump compared in scope…
A worldwide rush to tap the Arctic’s resources is accelerating as countries look for alternatives to China’s stronghold over strategic minerals. Melting ice and improving access have drawn renewed interest to the largely undeveloped polar region, which is increasingly viewed as a potential source of rare earths, base metals and new trade routes, as per…
Within the next one decade, the Indian semiconductor industry is expected to come at par with global chipmaking leaders like the US and China.Union minister Ashwini Vaishnaw on Thursday outlined the government’s most ambitious technology targets, saying that the country’s plans for the sector have advanced far more quickly than anticipated. Speaking at Bloomberg’s New…
US President Donald Trump issued an urgent call for Congress to establish a single federal standard for artificial intelligence regulation, warning that a patchwork of state-level rules threatens America’s lead over China in the global AI competition.Trump posted on Truth Social that overregulation by individual states is undermining AI-driven economic growth, declaring that “If we…
BENGALURU/ MUMBAI: Balancing growth with profitability is a tricky affair for companies. This is especially true for the fast-changing IT space, where tech-driven disruptions are almost a regular occurrence. In the Indian IT sector, leading firms have been navigating intense technological disruption driven by AI, cloud adoption, and advanced analytics. Some CEOs embraced these shifts…
