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AI capex cycle likely to end with market pushback, not spending cuts: Jefferies

New Delhi, July 5 -- The AI investment cycle is most likely to end not because US hyperscalers cut spending, but because markets start pushing back against the lack of returns, Global Brokerage firm J... Read More


India overcame crisis on refining prowess, will keep building: PM Modi

India, July 5 -- India will continue building new oil refineries to secure its supply chains even as Western nations shut down processing capacity, Prime Minister Narendra Modi said, crediting the sec... Read More


Tesla puts the brakes on AI costs, caps staff spending at Rs.19,000 weekly, starting July 6

New Delhi, July 5 -- Tesla has instructed employees to rein in spending on artificial intelligence tools, imposing a weekly limit of $200 starting July 6, according to an internal memo first reported ... Read More


FG Denies '8trn Shadow Budget' Claims, Says All Spending Has National Assembly Approval

Nigeria, July 5 -- The Federal Government has dismissed reports alleging that about 2% of GDP, over 8 trillion, was spent outside the approved budget, insisting that no "shadow budget" exists and that... Read More


BKTC receives Rs 80-85 crore annual offerings, more than several Uttarakhand govt dept budgets

Dehradun, July 5 -- Annual offerings made by devotees at Shri Badrinath Dham, Kedarnath Temple and other shrines managed by the Badri-Kedar Temple Committee (BKTC) amount to nearly Rs 80-85 crore, exc... Read More


Centre tightens the screw on social media apps with WhatsApp, Instagram, Telegram under scanner. But why?

India, July 5 -- After a paper leak brought Telegram under the government's radar, the Centre' scanner has now expanded to other social media platforms such as Instagram and WhatsApp. The most recent... Read More


US celebrates 250th birthday: Thousands of attendees asked to evacuate National Mall in Washington amid severe weather

New Delhi, July 5 -- As Americans came forward on Saturday (local time) to celebrate the 250th birthday, the weather appeared to daunt their spirits after over 10,000 attendees in Washington, D.C., we... Read More


Five day monsoon session of Bihar legislature from July 20 to July 24

PATNA, July 5 -- The five day monsoon session of the state assembly and state legislative council will take place from July 20th to July 24 in which several important legislative business including pr... Read More


DRI seizes over 1 lakh Codeine-based cough syrup bottles in two separate ops in Tripura, Bengal; one person held

New Delhi, July 5 -- In continuation of its sustained efforts to curb drug trafficking and dismantle narcotics supply networks, the Directorate of Revenue Intelligence (DRI) has seized huge quantities... Read More


UP: Six, including ex-SDM, arrested in alleged 71-hectare government land allotment scam in Sambhal

Sambhal, July 5 -- Uttar Pradesh Police have arrested six people, including a former Sub-Divisional Magistrate (SDM), in connection with an alleged land allotment scam involving 71 hectares of governm... Read More