Bengaluru: South Korean space AI company TelePIX has signed an MoU with Bengaluru-based space propulsion firm Bellatrix Aerospace to jointly develop a next-generation Earth observation (EO) satellite designed to operate in Very Low Earth Orbit (VLEO), with a technology demonstration mission targeted for launch in 2028.The partnership will combine TelePIX’s high-resolution optical payload, Chouette, with … Read more
NEW DELHI/MUMBAI: Amid a depreciating rupee, commerce and industry minister Piyush Goyal on Thursday said govt is considering several measures to contain the widening current account deficit (CAD). “We are monitoring the situation. All the various arms of the govt are working as a team. Several steps are under consideration. The situation globally is quite … Read more
DHAKA: About 250 people, including children, were feared missing after a boat carrying Rohingya refugees and Bangladeshi nationals capsized in the Andaman Sea, the United Nations said on Tuesday, reports Ahsan Tasnim . “The trawler, which departed from Teknaf in southern Bangladesh and was on its way to Malaysia, reportedly sank due to heavy winds, … Read more
The Supreme Court, on Tuesday, issued a decision regarding the classification of bank accounts as fraud. The apex court ordered that banks are not obligated to grant customers a personal oral hearing before declaring their accounts as fraud. However, prior to labelling them, banks must provide customers with a forensic audit report.The ruling follows submissions … Read more
The govt on Friday moved to cushion key industries from the ongoing gas supply disruption, boosting commercial LPG allocations by 20% to reach 70% of pre-crisis levels. The extra supply will prioritise labour-intensive sectors such as steel, automobiles, textiles, dyes, chemicals, and plastics, which are critical for broader economic activity.The move is aimed at stabilising … Read more
MUMBAI: Kotak Mahindra Bank said on Saturday that its wholly-owned subsidiary Kotak Mahindra Capital Company (KMCC) will sell close to 31% stake in Infina Finance – a capital market lending arm – to a group of investors including the estate of Rakesh Jhunjhunwala through Aryaman, Aryavir, and Nishtha Jhunjhunwala Discretionary Trusts, Derive Trading and Resorts, … Read more
MUMBAI: Net selling by foreign funds in the stock market is on track to break the all-time monthly record as rupee this month has been weakening to record lows at regular intervals and rising crude oil prices are threatening India’s macro fundamentals as the war in West Asia is continuing without any sign of de-escalation.So … Read more
AI image generated for representational purposes. Heavy social media use is driving a sharp decline in well-being among young people, with teenage girls in English-speaking countries and Western Europe particularly affected, according to the World Happiness Report 2026 released on Thursday.The annual study, published by the Wellbeing Research Centre at the University of Oxford, also … Read more
Hyderabad: Pharma player SAI Parenteral’s Limited has set a price band of Rs 372 to Rs 392 per equity share for its initial public offering (IPO that will open for subscription on March 24 and close on March 27, while anchor investor bidding is scheduled for March 23.The IPO, based on the book-building route, includes … Read more
NEW DELHI: After a year marked by an early and sharp rise in flu cases in several countries, India is set to update its seasonal influenza vaccine to deal with a fast-spreading new strain, reports Anuja Jaiswal.The WHO has issued its annual recommendations for the 2026–27 northern hemisphere flu season, based on global surveillance data … Read more