Data released during the week showed that US producer prices rose more than anticipated in May, resulting in the strongest annual increase in three-and-a-half years. Higher energy costs linked to the conflict in the Middle East contributed significantly to the rise. According to CME Group’s FedWatch Tool, traders are currently assigning a 60% probability to…
Disney started allowing its engineers to use artificial intelligence (AI) tools like Claude and Cursor last year. Now, the entertainment giant is asking its employees to focus on using those AI tools efficiently while minimizing AI-coded products that fail after their release. According to a report by Business Insider, Disney’s streaming division is encouraging software…
Tensions in the Middle East have sent shockwaves through financial markets worldwide, with the Strait of Hormuz emerging as the focal point of concern. The crucial passage, which carries nearly 20% of the world’s fuel supply, has kept oil prices elevated above $100 per barrel, fuelling uncertainty across asset classes. The unease has spilled over…
Weeks of conflict have worsened Iran’s economic pressures, deepening strain on its financial system even as the Islamic Republic continues to function under a standoff in the Gulf following a truce and ongoing maritime restrictions.The situation has left Iran in a stalemate with the United States and Israel, with ceasefire talks stalled while key Gulf…
NEW DELHI: The sudden rainstorm that hit IGI Airport’s Terminal 2 (T2) on Sunday evening left three aircraft damaged when they were hit by ground support equipment which moved from their positions in strong winds. Of the three Air India single aisle aircraft, one will now be grounded for a few days for repairs while…
Divyanka Tripathi and Vivek Dahiya Television’s much-loved couple, Divyanka Tripathi and Vivek Dahiya, are set to embrace a new chapter in their lives as they are expecting their first child. The news has brought immense joy to their families and close friends who have followed their journey together over the years.Divyanka and Vivek first met…
Odisha’s renowned sand artist, Sudarsan Pattnaik, has achieved a historic win, becoming the first Indian to clinch the Russia Grand Sand Master Cup 2026. His three-meter-tall sculpture addressing global warming impressed the jury at the II International Festival of Sand Sculpture in Kaliningrad. This recognition highlights his impactful work on critical environmental issues. Sudarsan Pattnaik…
M Veerapandiyan and Vijay NEW DELHI: CPI state secretary M Veerapandiyan on Sunday said that the ‘Tamil Thaai Vaazhthu’ (state song of Tamil Nadu) must be accorded the foremost place in the protocol of government ceremonies.In a letter issued after the swearing-in ceremony of Tamil Nadu chief minister Vijay, Veerapandiyan objected to the order in…
Rajat Patidar and Shubman Gill (BCCI/IPL Photo) NEW DELHI: Gujarat Titans captain Shubman Gill won the toss and elected to field against Royal Challengers Bengaluru in the high-voltage IPL 2026 Qualifier 1 clash at the Himachal Pradesh Cricket Association Stadium in Dharamsala on Tuesday.The winner of the contest will secure a direct spot in the…
NEW DELHI: A day after weather broke several records under the impact of consistent rain, Delhi woke up to a foggy morning, akin to that in Jan, across the national capital. According to weather analysts, the fog during morning hours was temporary condensation due to the confluence of factors that involved remaining moisture from a…