Oil prices jumped on Monday to their highest since January as the United States’ weekend move to join Israel in attacking Iran’s nuclear facilities stoked supply concerns. Brent crude futures were up $1.52 or 1.97% to $78.53 a barrel as of 0503 GMT. U.S. West Texas Intermediate crude advanced $1.51...
The contest in Silicon Valley to dominate artificial intelligence is playing out on a new court: superstar researchers. While the scramble to attract top talent and keep them happy has always been a hallmark of the tech industry, since ChatGPT launched in late 2022, recruiting has escalated to professional athlete...
Ranked 4th among the world’s five largest economies, India holds a critical position in shaping the global energy transition, not only due to its rapid economic growth but also because of its rising energy demand and increasing influence on global emissions and energy policy, according to a report by...
The Asian Development Bank (ADB) on Thursday approved a $400 million loan to Bangladesh to enhance its climate-resilient projects, cut emissions, and promote sustainable-inclusive development. The loans marks a cofinancing venture with the Asian Infrastructure Investment Bank (AIIB). The funding supports the second phase of ‘Climate-Resilient Inclusive Development Program (CRIDP)’,...
India’s Hindustan Aeronautics Limited (HAL) and French engine manufacturer, Safran Aircraft Engines, signed an agreement on Thursday for the industrialisation and production of rotating parts for LEAP engines. According to a joint release by Safran Aircraft Engines and HAL, the agreement signed between the two companies supports government’s “Make in...
India has emerged as a country with the third-largest growth in power generation capacity globally over the past five years, according to the latest report by the International Energy Agency (IEA). Only China and the United States surpassed India in power generation growth during this period. It said “India has seen...
Google on Tuesday unveiled its Safety Charter for India’s AI-led transformation, at the “Safer with Google India Summit”, focusing on the company’s deep commitment to creating a safer online environment and empowering users, businesses, and governments while building AI responsibly. The strategic blueprint operates through three foundational pillars– keeping end...
Adani Green Energy Limited (AGEL) has been ranked first in the ESG (Environmental, Social, and Governance) ratings in utilities/ power sector by NSE Sustainability Ratings & Analytics Ltd, an entity of the National Stock Exchange (NSE).   Additionally, AGEL is also among the top five entities in ESG ratings assessed...
The Iran-Israel conflict has further increased global economic uncertainties, impacting world trade, including India’s exports, as it is expected to drive up both air and sea freight rates, exporters say. They said that India’s exports to Europe and counters like Russia may get impacted due to this war. If the conflict...
Crude oil prices jumped more than 4 dollars a barrel today, hitting their highest price in almost five months after Israel struck Iran, escalating tensions in West Asia and raising worries about disrupted oil supplies. Brent Crude was trading over 5.3 per cent up at 73 dollars and five cents...