NEW DELHI: India on Thursday raised serious concerns at the United Nations over threats to commercial shipping in the Strait of Hormuz, urging the immediate restoration of safe navigation and calling for restraint and de-escalation amid continuing tensions in the Middle East.Addressing the UN General Assembly debate under the Veto Initiative on “The Situation in…
People often imagine that life will truly begin once they reach a particular destination, achieve a goal or resolve a problem. Seneca, the Roman Stoic philosopher, warned against this habit more than two thousand years ago. In his essay On the Shortness of Life, he wrote that “the greatest obstacle to living is expectancy, which…
Canadian billionaire Kevin O’Leary has pushed back against claims surrounding a proposed data center project in Utah, saying false information is being spread online about the development. In a post shared on X (formerly Twitter), O’Leary said some groups opposing the project were circulating misleading claims about environmental damage, power use and the scale of…
Julie Lee Choi’s picture credit: AP Photo/Michael Liedtke Apple’s leadership is undergoing a seismic shift. Tim Cook, who steered the tech giant for over a decade, will step down as CEO to become executive chairman of the board on September 1, 2026. Stepping into his shoes is John Ternus, Apple’s vice president of hardware engineering,…
Saudi Arabia made it biggest cut in its main Arab Light crude for Asian customers Saudi Arabia cut price of its main crude grade effective August for Asian customers amid weakening demand and easing tensions. It’s the largest reduction in over two decades.The sharp price cut comes as pressure grows on the world’s largest crude…
Washington State University researchers used artificial intelligence (AI) to identify a faster, less costly way to 3D print a high-performance metal alloy. This has avoided the need to manually test more than 100 million possible printing configurations.The advance could eventually make the alloy, widely used in aerospace applications and potentially useful in other industries, printable…
Global production of Sustainable Aviation Fuel (SAF) is expected to reach around 2.4 million tonnes in 2026, accounting for just 0.8% of total aviation fuel consumption, highlighting the scale of the challenge facing the airline industry’s net-zero ambitions, according to the International Air Transport Association (IATA).IATA estimates that airlines will spend about $4.3 billion on…
Market regulator Sebi on Monday proposed allowing Infrastructure Investment Trusts (InvITs) in the roads sector to add back certain major maintenance expenses funded through external debt while calculating Net Distributable Cash Flow (NDCF), a move aimed at addressing industry concerns over lower distributable cash.The proposal follows representations from the Bharat InvITs Association (BIA), which sought…
Jammu and Kashmir Chief Minister Omar Abdullah stated that India’s central government will resolve regional problems SRINAGAR: Hours ahead of US Ambassador to India Sergio Gor’s visit to Jammu and Kashmir, chief minister Omar Abdullah Wednesday morning set the tone for his meeting with the visiting envoy, saying that “our problems are to be resolved…
KPMG Australia to cut 5% of workforce amid scandal, weak growth outlook KPMG Australia is reducing its workforce by about 5% as the firm continues to deal with the fallout from a scandal involving confidential client information and faces a subdued economic outlook.The cuts will affect 27 partners and about 360 employees, with consulting and…