Business

Indian banks are expected to register loan growth of 12-14 per cent in the financial year 2025-26 (FY26), driven by an increase in deposit inflows, according to a report by Ambit Capital Research. Details Revealed The report highlighted that the banking sector has started seeing some relief in loan-to-deposit ratios (LDRs) after facing challenges related to liquidity…

Russia has expanded its gold reserves to an all-time high of $217.4 billion as of March 1, 2025, surpassing China and ranking fifth globally in gold holdings. According to the RBC news website, gold now constitutes 34.4 per cent of Russia’s total foreign exchange reserves, highlighting its strategic shift towards financial security amid global economic uncertainties. The…

The Indian government has announced that, effective April 1, it will abolish the 20 per cent export duty on onions, a move designed to bolster farmers facing plummeting prices due to an abundant rabi harvest. This decision, revealed on Saturday, responds to mounting concerns from agricultural stakeholders and aims to stabilise the domestic onion market. The export…

Mukesh Ambani, Chairman of Reliance Industries Limited (RIL), has added Rs 39,311.54 crore to his wealth in just five days, as his company’s market capitalisation soared to Rs 17,27,339.74 crore. The surge cements RIL’s position as India’s most valuable firm, ahead of HDFC Bank, Tata Consultancy Services (TCS), and Bharti Airtel. The overall bullish market trend has…

U.S. President Donald Trump awarded Boeing (BA.N), opens new tab on Friday the contract to build the U.S. Air Force’s most sophisticated fighter jet yet, handing the company a much-needed win and boosting its shares. The Next Generation Air Dominance program will replace Lockheed Martin’s F-22 Raptor with a crewed aircraft built to enter combat alongside drones.…

As Tesla plans its expansion into India, these Tata companies are positioning themselves to play a larger role in the automaker’s supply chain Several Tata Group companies, including Tata AutoComp, Tata Consultancy Services (TCS), Tata Technologies, and Tata Electronics, have emerged as key suppliers to Tesla, which accounts for nearly half of the global automotive market value.…

In 2025, global equity markets faced turmoil, but Warren Buffett’s wealth soared to $21 billion, driven by a 16% rise in Berkshire Hathaway’s stock. Global uncertainty, fuelled by geopolitical challenges, recession fears, and Donald Trump’s tariff threats, has shaken the global equity market in 2025. Many prominent investors worldwide have experienced a sharp decline in their wealth…

Mahindra took to X to share his thoughts on the incoming leader, who could potentially reset India-Canada ties, that have been strained in the recent past. Anand Mahindra On Mark Carney An Anglophone leader, Carney was a former central bank governor, twice. In this capacity, he has met many big names, who have come to congratulate him…

The Bureau of Indian Standards (BIS), which operates under the Ministry of Consumer affairs, has been conducting raids and subjecting consumer products to rigorous testing to ensure compliance with mandatory safety and quality standards. New Delhi: The government has intensified its enforcement against unsafe and non-certified products sold on e-commerce platforms, including Amazon and Flipkart, and seized…

Special drawing rights (SDRs) rise by $212 million to $18.21 billion during the week ended March 7 but RBI’s gold reserves decrease by $1.053 billion to $74.325 billion. In the sharpest jump in over two years, the country’s foreign exchange reserves increased by $15.267 billion to $653.966 billion during the week ended March 7, the RBI has…

A jury in California on Friday ordered Starbucks to pay $50 million in damages to a delivery driver who was severely burned by an improperly secured lid on hot beverages. Michael Garcia was picking up drinks at a drive-through in Los Angeles when he “suffered severe burns, disfigurement, and debilitating nerve damage to his genitals when hot…

The Indian government has requested Elon Musk’s Starlink to establish a control centre within the country to enable suspension of communications in sensitive areas when required. Additionally, Starlink must ensure call interception capabilities for law enforcement, in line with security protocols. These measures come as Starlink’s satellite communications licence nears approval, with agreements in place with Reliance…

Donatella Versace is to step down as the main designer for the Versace brand after almost three decades, a move that has fanned talk of a sale of the business to rival Italian fashion house Prada (1913.F), opens new tab. Donatella, who was the chief creative officer at Versace, has been its driving force since her brother…

U.S. importers, distributors and retailers selling French champagne and Italian wines told Reuters that U.S. President Donald Trump’s threatened 200% tariff on European alcoholic drinks would hit them hard. Trump said the tariffs would be “great for the Wine and Champagne businesses in the U.S.” However, wine importers and distributors, retailers and bar owners that Reuters spoke…

Mercedes-Benz will develop smart driving cars for global markets equipped with Hesai’s lidar sensors, a person with direct knowledge said, the first time a foreign automaker has sought to use such Chinese-made technology for models sold outside China. It coincides with an increase in trade tensions as the U.S. intensifies efforts to restrict the adoption of Chinese…

President Donald Trump dialed back his latest trade-war threat against Canada hours after making it, while downplaying the risk of a tariff-led recession that’s sent US markets into a nosedive. Trump’s roller-coaster day saw him threaten to double duties on Canadian steel and aluminum to 50% after Ontario announced plans to place a surcharge on electricity sent…

Just 20 days ago, the US stock market was sitting at all-time highs. The US economy appeared to be growing at a solid pace. And a recession was nowhere in sight. Now, the R-word is seemingly everywhere. Recession fears are rocking the stock market. GDP forecasts are getting slashed. President Donald Trump and his economic team are…

The European Union’s (EU) aggressive environmental regulations, particularly the carbon tax, deforestation rules, and supply chain due diligence laws are one of the biggest hurdles in the negotiations for a proposed trade pact with India, economic think tank GTRI said on Sunday. It said that these regulations could impose additional costs on Indian exports. Under the Carbon…

Over 1.2 crore central government employees may have a lot to cheer about this Holi as the Centre may announce a raise in Dearness Allowance (DA) and Dearness Relief (DR) ahead of the festival. Usually, the government goes for a DA hike twice a year – January and July, however, the announcement is mostly made around Holi…

Legendary investor Jeremy Grantham who has accurately predicted past financial crises and market tops said the U.S. stock market is now in “super bubble” territory. “I’ve always looked at it from the point of view that the longer and the bigger and the higher it goes, the more exciting and dangerous it will be, and this has…

No matter what metric you’re looking at, US inflation is moving in the wrong direction again. Whether it’s a house or a carton of eggs, price growth is once again intensifying across a broad range of indicators. Much of that has to do with the same supply and demand factors and labor-market pressures that led to the…

Elon Musk on Thursday made a plea for “top notch” air traffic controllers to come out of retirement to help ease a shortage of skilled aviation workers as public concern over flight safety mounts. Musk, the face of the government’s cost-cutting task force, has taken a special interest in revamping the Federal Aviation Agency, calling for “rapid…

A Canadian regulator said on Wednesday it will impose a fee on Google to recover the cost of enforcing a law that requires large internet platforms to pay for news content on their websites. The imposition of the levy on the Mountain View, California-based search engine giant comes at a time of increased tension between Canada and…

The stock market volatility continued last week with the top 10 most-valued firms witnessing a major erosion in their market cap. India’s tech giant TCS took the biggest hit as bearish trends continued with the BSE benchmark losing 628.15 points, or 0.82 per cent, while the Nifty went lower 133.35 points or 0.58 per cent in the…

PM Kisan Samman Nidhi Yojana: PM Modi is all set to release the 19th instalment for PM Kisan today. Know how to check beneficiary status 2025 , eKYC process, and eligibility. PM KISAN 19th Instalment 2025 Today: Prime Minister Narendra Modi is all set to release the 19th instalment of PM KISAN (PM Kisan Samman Nidhi) today,…

India’s EV policy, which offers import tax cuts for foreign automakers investing in the country, will restrict them from using funds spent on charging infrastructure for such relief, increasing their car manufacturing, a government document shows. India last year announced a policy aimed at attracting Tesla to manufacture EVs in the country and let such foreign carmakers…

Nifty Rejig: The National Stock Exchange (NSE) has said Jio Financial Services Ltd and Zomato Ltd will enter its benchmark index Nifty 50, effective March 28. As per the revisions, Britannia Industries Ltd and Bharat Petroleum Corporation Ltd (BPCL) and will be excluded from the index. The Index Maintenance Sub-Committee of NSE Indices Ltd has announced changes…

Elon Musk, while trying to slash the US government’s federal spending, has also been exploring his businesses. Musk-led xAI released the latest version of his Grok chatbot, Grok 3, on February 18. Grok Vs The Rest Ever since then Musk and his allies have been talking up the platform, for being highly advanced. In fact, Musk’s X…

Netflix has committed to invest $1 billion in Mexico for the production of series and films over the next four years, meaning from 2025 through 2028, co-CEO Ted Sarandos said during a press conference with Mexico’s President Claudia Sheinbaum on Thursday. “This investment, and the productions derived therefrom, will benefit Mexican production companies and will contribute to…

The U.S. Securities and Exchange Commission has asked Indian authorities for help in its investigation of Adani Group founder Gautam Adani and his nephew over alleged securities fraud and a $265-million bribery scheme, a court filing showed on Tuesday. The regulator told a New York district court it was making efforts to serve its complaint on the…

Nike (NKE.N) will launch a new women’s activewear brand in the U.S. this spring in partnership with Kim Kardashian-owned shapewear label Skims, as CEO Elliott Hill works to broaden its offerings to better compete with upstart brands. The tie-up is expected to give Nike a leg up in women-centric athleisure brands as it stakes its turnaround on…

Elon Musk-led Tesla is reportedly hiring in India. The electric vehicle maker sought candidates for 13 roles. This comes after Musk met with Prime Minister Narendra Modi during his recently concluded US trip. A Bloomberg report further claimed that Tesla plans to enter the Indian market. According to Tesla’s advertisements on its LinkedIn page, these candidates are…

The Finance Minister (FM) in the Union Budget 2024 has announced that both the LTCG and STCG liability of equity mutual fund investors is subject to an increase of 12.5% and 20%, respectively, effective 23 July 2024. Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker…

Domestic steel industry needs to be on guard as countries exporting to the US may divert shipments to India after the imposition of tariffs, an industry official said on Saturday. With the tariffs announced by the US on steel and aluminium imports, countries sending shipments to America might dump products in India because of huge domestic demand,…

Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker Om Birla to refer it to a select committee of the House. Opposition members opposed the Bill at the introduction stage but the House passed a motion by voice vote for its introduction. Getting to the finer…

JioStar, a joint venture between Viacom18 and Star India, has launched JioHotstar, merging JioCinema and Disney+ Hotstar into a unified streaming platform. With over 500 million subscribers, JioHotstar aims to enhance India’s entertainment and sports streaming experience. The platform offers 300,000 hours of content across 19 languages, including Bollywood films, international franchises, and live sports. By combining…

The proposed income tax bill will be tabled in the Parliament today. At present, there are various deadlines for submitting ITR depending on the category of income taxpayers. Numerous taxpayers are seeking a permanent extension of the ITR filing deadline to have additional time for filing their ITR. #Breaking | New Income Tax bill to be tabled…

Markets regulator Sebi has banned six entities, including Asmita Patel Global School and fin-influencer Asmita Patel, from the capital markets for alleged unregistered investment advisory services and directed to disgorge over Rs 53 crore collected as fees course participants for various courses. Sebi through an interim order cum show cause notice passed on Thursday prohibited six entities,…

Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a quarter less than the company’s 2023 fundraising value amid growing headwinds. The company’s business prospects have come under a cloud in recent days after the Trump administration said…

Shark Tank India season 4 is known to bring forth creative solutions from budding entrepreneurs from all across the country. In its latest episode, Rahul Tyagi and Samiksha Yadav pitched an innovative undergarment liquid determent specially tailored for hand laundry on the coveted show. The pair aimed to secure an investment of Rs 50 lakh for 2.5% equity…

On Friday, February 7, the Reserve Bank of India decided to use its scissors, now rusty, to cut the repo rate or the country’s interest rate, by 25 basis points, bringing it down to 6.25 per cent, compared to its previous 6.50 per cent. The interest rates had remained the same for nearly 2 years. This rate…

On February 5th, Delhi residents will cast their votes for the Delhi Assembly election 2025. Since voting days hold utmost importance in a democratic country, multiple establishments declare the day as a holiday so that people can go and cast their votes and take part in this important political activity. Here is a comprehensive guide on which…

Income Tax: The government provides a Rs 75,000 standard deduction in the new tax regime benefiting salaried individuals and pensioner by simplifying tax filing and reducing tax burden Filing income tax in India has been quite complicated and difficult, especially under the old tax regime. However, the current government has implemented several reforms to simplify the process.…

Reliance Retail has launched an app in India to sell fashionwear from China’s Shein under a licensing deal, almost five years since Shein’s app was banned in the country after getting caught up in a diplomatic tussle. Reliance, owned by billionaire Mukesh Ambani, launched the app on Saturday morning, said a person with direct knowledge of Reliance’s…

Finance Minister Nirmala Sitharaman’s Union Budget 2025-26 has been met with optimism from the real estate sector, with industry leaders praising its focus on infrastructure, tax relief, and liquidity measures while urging more emphasis on affordable housing. A major highlight of the budget is the increase in the income tax exemption limit to ₹12 lakh, boosting disposable…

India will see a massive transformation in railways with 200 new Vande Bharat trains, 100 Amrit Bharat trains, 50 Namo Bharat rapid rail and 17,500 general non-AC coaches expected to be launched in the next two to three years, the ministry said, as it called the union budget “amazing” with an allocation of Rs 2.52 lakh crore…

Karnataka Chief Minister Siddaramaiah has asked Union Finance Minister Nirmala Sitharaman to increase the annual upper limit for professional tax from Rs 2,500 to Rs 6,000 in the upcoming federal budget. This is among 22 demands that Siddaramaiah placed before Sitharaman during a recent pre-budget meeting of all finance ministers ahead of the 2025-26 budget. Siddaramaiah pointed…

An AI-powered chatbot by the Chinese company DeepSeek has quickly become the most downloaded free app on Apple’s store, following its January release in the US. The app’s sudden popularity, as well as DeepSeek’s reportedly low costs compared to those of US-based AI companies, have thrown financial markets into a spin. Silicon Valley venture capitalist Marc Andreessen…

Oracle and a group of investors that includes Microsoft are in talks to take over TikTok’s global operations, reports NPR. The deal, which the White House is reportedly negotiating, would see ByteDance keeping a minority stake in TikTok while “the app’s algorithm, data collection and software updates will be overseen by Oracle.” Oracle’s server network already provides…

Tim Cook and Sundar Pichai, the CEOs of Apple and Google, respectively, received attractive compensation packages of about USD 75 million, but this year, Brian Niccol, the new CEO of Starbucks received compensation close to USD 100 million this year. One of the highest salaries in corporate America, Brian Niccol of Starbucks earned an hefty sum of…

Mukesh Ambani’s Reliance Group is buying Nvidia’s powerful AI semiconductors and setting up a data centre in the town of Jamnagar in Gujarat, Reuters reported citing Bloomberg News. Source : https://www.deccanherald.com/business/companies/mukesh-ambani-plans-worlds-biggest-data-centre-in-india-3370496

Nirmala Sitharaman will unveil the final preparations for the 2025 budget with a halwa ceremony today. This time, many hope, the budget, which will be presented just ahead of the crucial Delhi polls, will be as sweet as the halwa. The preparations for Budget 2025 is underway in full swing, with just a week left for Finance…

China’s top electric vehicle maker BYD (002594.SZ), aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said on Monday, underscoring the firm’s ambition to dominate in the market where Japanese automakers are popular. The long-term plan for the plant is for the export market, said Eagle…

The European Commission intends to propose a ban on the use of PFAS, or “forever chemicals”, in consumer products, with exemptions for essential industrial uses, the EU’s environment chief told Reuters. PFAS, or Perfluoroalkyl and Polyfluoroalkyl Substances, do not break down in the environment, raising concerns about the consequences of them building up in ecosystems, drinking water…

Numbers starting with 1600 will be used for transaction-related communications from banking services, while numbers beginning with 140 will be used for promotional calls and SMS Fraud and spam calls are a common nuisance these days. Mobile users are often frustrated by the constant barrage of spam calls. Cases of scams and financial fraud through these calls…

India’s space sector wants the government to spend more on space-based services, slash taxes to spur growth of start-ups and introduce a production-linked incentive scheme for them in the Union Budget. The sector has put forward its demand ahead of the Union Budget for 2025-26 on February 1. The Indian space economy is valued at 8.4 billion…

Zomato CEO Deepinder Goyal expressed regret for imposing a Rs 2 charge for enabling veg mode, admitting that it was “stupid of us.” The enabling veg mode allows customers to browse from only vegetarian menu options, expediting their food browsing experience. In reaction to a LinkedIn post that condemned this unexpected fee and labelled it “Zomato’s latest…

Surfacing from the ashes of Los Angeles’ raging wildfires is a plea from local entertainment industry folk gutted by the blazes: Bring production back to the region. “One of the biggest things you can do to help our city is to shoot here,” wrote prominent cinematographer and director Rachel Morrison (The Morning Show, The Mandalorian, The Fire…

8th Pay Commission: The central government on Thursday approved the constitution of the 8th Central Pay Commission for government employees, which will submit its report by 2026. 8th Pay Commission: The Union Cabinet on Thursday approved the constitution of the 8th Central Pay Commission to review and recommend salary adjustments for over one crore central government employees…

If you want to hang out or use the restroom at Starbucks, you’re going to have to buy something. Starbucks on Monday said it was reversing a policy that invited everyone into its stores. A new code of conduct – which will be posted in all company-owned North American stores – also bans discrimination or harassment, consumption…

Industrialist Anand Mahindra, while taking a dig at Larsen & Toubro’s (L&T) chairman SN Subrahmanyan’s 90-hour workweek’ remark, indicated that he has his priorities right and tends to focus more on the quality of work rather than on slogging for marathon hours. Speaking at the Viksit Bharat Young Leaders Dialogue 2025, the chairman of Mahindra Group was…

Loneliness is the new epidemic taking control of people’s happiness. Despite our close ones being just a tap away, we have grown distant from each other. While the majority of the population is suffering from it, one man in Japan is earning lakhs by taking advantage of people’s loneliness. Meet Morimoto, the man who earns money by…

In 2021, Kamal K*, a 39-year-old homoeopathic doctor, secured a housing loan of Rs 42 lakh from the State Bank of India’s main branch in Belagavi, Karnataka. Although the loan tenure was 15 years, he repaid the entire amount within three years. This marked his first loan with the bank. Two years later, Kamal planned to venture…

Sebi, through an interim order on Friday, prohibited Sachin Bakul Dagli and eight other entities from the securities market and impounded the unlawful gains made by them. New Delhi: Markets regulator Sebi has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of…

In the latest layoff round, tech giant Google has announced a reduction of 10 per cent workforce in managerial roles, including directors and vice-presidents. According to Business Insider, its CEO Sundar Pichai has confirmed the decision during an all-hands meeting. He mentioned the company’s ongoing efforts to streamline operations amid growing competition from AI-focused rivals like OpenAI.…

Browsing Amazon Haul, the online shopping giant’s new $20-and-under bargain bin section, I immediately recognize not just a product, but a specific image. The photo is on a listing for “Timeless Black Dress for Both Casual and Formal Gatherings,” and it is stolen. The image actually belongs to a New York-based independent brand called Mirror Palais, which…

The Securities and Exchange Board of India (SEBI) on Wednesday, December 18, announced a series of reforms to tighten IPO and listing norms for small and medium enterprises (SMEs). These changes, revealed after a recent SEBI board meeting, are designed to improve transparency, reduce risks, and ensure better investor protection in the SME segment. Key reforms to…

The Indian rupee declined past 85 to the U.S. dollar for the first time on Thursday after the Federal Reserve signalled fewer rate cuts next year, piling more pressure on a currency already struggling with tepid capital flows. The rupee hit a low of 85.0675 against the U.S. dollar, down from 84.9525 on Wednesday. The pace of…

Honda (7267.T), and Nissan (7201.T), are in talks to deepen ties, two people said on Wednesday, including a possible merger, the clearest sign yet of how Japan’s once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals. The discussions, first reported by the Nikkei newspaper, would allow the companies to cooperate more…

Bitcoin surged to a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls. Bitcoin , the world’s biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.2% to $104,462.…

This transaction puts the valuation of PayPay at around USD 3.8 billion or about Rs 32,000 crore. Paytm said that the transaction is expected to be completed in December 2024. Fintech firm and owner of Paytm brand One97 Communications’ Singapore-based arm has approved the sale of its Stock Acquisition Rights in Japan’s PayPay to Softbank Vision Fund…

Bitcoin has more than doubled in value this year and is up about 45% in the four weeks since Trump’s sweeping election victory, which also saw a slew of pro-crypto lawmakers being elected to Congress. Bitcoin rose above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president of the United…

Entities associated with the Adani Group have approached the Securities and Exchange Board of India (Sebi) to settle allegations of violating public shareholding norms. The settlement applications were filed in response to a show-cause notice from Sebi, which has been investigating the matter since 2020. The allegations involve prominent individuals, including Vinod Adani, and four listed Adani…

Info Edge, which had invested about Rs 288 crore in 4B Networks via its subsidiary, had first flagged corporate governance issues in the startup back in early 2023 post a forensic audit. Besides a complaint with EOW in Mumbai, the matter is under arbitration. Consumer internet group Info Edge has filed an FIR against Rahul Yadav, the…

A savings or a current account is treated as inoperative if the customer has no transaction in the account for a period of over two years. New Delhi: State Bank of India (SBI) on Saturday said it has launched a nation-wide drive to raise awareness about the importance of inoperative account activation. A savings or a current…

The Competition Commission of India (CCI) has launched a probe into Google and its affiliates over alleged anti-competitive practices in the listing of real money gaming apps on the Play Store, following a complaint by Winzo Games. Fair trade regulator Competition Commission of India (CCI) on Thursday ordered a probe against Google and its affiliates for alleged…

India’s new GST regime for online gaming now ranks among the most burdensome indirect tax regimes globally posing risk to industry growth and significant revenue loss GST on online gaming was a major point of discussion in the GST council, the debates on changes in the rate of tax and value of supply went on for over…

The Adani Group also rejected the charges as baseless. In a statement, the conglomerate clarified that none of its directors or listed firms were accused of wrongdoing. “It’s time to put a stop to American overreach!” Erik Solheim said.Norwegian diplomat and former UN Environment Programme Executive Director Erik Solheim has questioned the US government report on the…

Trump administration is set take over the US government in January 2025. ByteDance-owned TikTok has sought input on U.S. matters from Elon Musk, a close adviser to President-elect Donald Trump, the Wall Street Journal reported on Saturday citing people familiar with the matter. Source : https://www.deccanherald.com/business/tiktok-ceo-sought-musks-input-ahead-of-trump-administration-wsj-reports-3289370

Finance Minister Nirmala Sitharaman highlighted the need to reshape global perceptions of capitalism, positioning India as a model of responsible economic growth. She underscored that India’s approach to capitalism is rooted in ethical practices and sustainability. Finance Minister Nirmala Sitharaman on Friday emphasized the need to reimagine economic systems and position India as a “responsible capitalist country.”…

Raveendran has been trying to regain control of his capsising education technology empire, which is under court supervision in both India, where the parent is based, and the US, where some of its valuable units are located, according to a court declaration filed by Hailer. Byju Raveendran, the founder of Indian tech firm Byju’s, tried to convince…

In June of 2020, a renewable energy company owned by Indian billionaire Gautam Adani won what it called, opens new tab the single largest solar development bid ever awarded: an agreement to supply 8 gigawatts of electricity to a state-owned power company. But there was a problem. Local power companies did not want to pay the prices…

Such changes would essentially result in Google being highly regulated for 10 years, subjecting it to oversight by the same Washington federal court that ruled the company maintained an illegal monopoly in online search and related advertising. Alphabet’s Google must sell its Chrome browser to restore competition in the online search market it dominates, and take a…

Elon Musk’s SpaceX launched its giant Starship rocket to space from Texas on Tuesday, advancing the ship’s spaceflight abilities but botching an attempt to bring its booster back to land as U.S. President-elect Donald Trump watched from the company’s rocket facilities. The roughly 400-foot-tall (122-meter-tall) rocket system, designed to land astronauts on the moon and ferry crews…

Two undersea fibre-optic communications cables in the Baltic Sea, including one linking Finland and Germany, were severed, raising suspicions of sabotage by bad actors, countries and companies involved said on Monday. The episode recalled other incidents in the same waterway that authorities have probed as potentially malicious including damage to a gas pipeline and undersea cables last…

Foxconn, which employs thousands of women at the iPhone factory at Sriperumbudur, near Chennai, outsources recruitment of assembly-line workers to third-party vendors. These agents scout for and screen candidates, who ultimately are interviewed and selected by Foxconn. Sriperumbudur, India: Apple supplier Foxconn has ordered the hiring agents that help recruit iPhone assembly workers in India to remove…