Axis Bank on Monday announced that its chief financial officer, Puneet Sharma, has resigned. Sharma, who has led the bank’s finance function since March 2020, stepped down on Sunday, June 28, and will remain with the lender until August 31. During his time at the private sector lender, Sharma served as the group head and…
Silicon Valley’s ongoing race for artificial intelligence (AI) dominance has hit a massive bottleneck: Computing power. Even tech giants like Google and Facebook-parent company Meta are also feeling its heat. A report has claimed that Google has officially placed strict limits on Meta’s access to its premier Gemini AI models after Mark Zuckerberg’s social media…
More than 2,600 rescue workers from around the world have arrived with search dogs and heavy machinery A powerful aftershock of 4.6 magnitude shook Caracas and the neighbouring state of La Guaira on Monday morning, nearly five days after the twin earthquakes that devastated northern Venezuela and killed at least 1,450 people.AFP journalists reported that…
PM Modi hands over PS Lespwar, fast patrol vessel, to Seychelles. (Image credit: MEA) Prime Minister Narendra Modi’s recent visit to Seychelles marked a notable expansion of India’s defence diplomacy in the Indian Ocean region.At a ceremony at the Seychelles Coast Guard base, PM Modi handed over the fast patrol vessel Lespwar — which means…
Champat Rai resigned as the trust’s general secretary amid allegations of large-scale embezzlement of devotees’ donations NEW DELHI: As allegations of embezzlement linked to donations for the Ram Temple continue to generate political and legal controversy, the brother of former Shri Ram Janmabhoomi Teerth Kshetra Trust general secretary Champat Rai has come out in his…
US Navy’s fifth-generation F-35 fighter aircraft refuels from a tanker. (Image credit: USAF) As the geo-political situation in the region remains tense, with both China and Pakistan modernising their air forces. The Chinese have inducted fifth generation air craft and are publicly testing two separate sixth-generation aircraft. This at a time when the Pakistanis are…
India’s industrial activity maintained steady momentum in May 2026, with the Index of Industrial Production (IIP) rising 5.1% as compared to the same period last year. The growth came on the back of robust manufacturing and electricity output, even as mining remained under pressure.Data released by the ministry of statistics and programme implementation (MoSPI) on…
NEW DELHI: The Karnataka high court has ruled that a wife who earns more than her husband cannot claim maintenance simply because she is a woman. The court stressed that maintenance cannot be awarded on gender-based assumptions and that financial circumstances of both parties must be examined before passing such orders.The court set aside a…
Iranian President Pezeshkian says USD 6 billion frozen in Qatar to be released Iran’s President Masoud Pezeshkian said on Monday that $6 billion in frozen Iranian assets held in Qatar would be released, even as negotiations with the United States faced fresh uncertainty following attacks across the Persian Gulf over the weekend.According to the Associated…
Rajnath Singh launches DFP-2026 to boost DRDO efficiency Defence minister Rajnath Singh on Monday released the Delegation of Financial Powers to DRDO (DFP-2026), aimed at improving efficiency, accountability and timely execution of strategic research and development projects in the defence sector.The new framework is expected to speed up the production and induction of systems, platforms…