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The Petroleum Ministry in an order specified production levels for 18 public-sector refineries, three private-sector companies and three upstream companies

While AR and VR offer new opportunities for audience engagement, monetization remains a challenge because of high equipment costs and legal hurdles.

Style Union, which is operated by Nexon Omniverse, was launched in 2022 by Rakesh Biyani and Ekta Biyani to make everyday fast-fashion for men, women, and children more affordable. It opened its first stores in Hyderabad and Bengaluru and has expanded to over 170 outlets in the past four years.

Dividends hit a record 5.13 trillion in FY26, but payouts grew slower than profits, pushing the payout ratio to a 12-year low as companies retain more cash.

Nvidia is in talks to invest roughly $3 billion in SB Energy while discussing up to $100 billion in credit support for an Ohio data centre project for OpenAI.

Ballys Corp. warned investors of substantial doubt that it will be able to continue as a going concern as the company risks running afoul of agreement with lenders.

Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter

Meta Platforms Inc. says it has removed access to more than 750,000 Instagram and Facebook accounts in Australia believed to belong to people under 16 since it began complying with the countrys landmark youth social media ban last year.

Luigi Mangione pleads guilty to federal stalking charges in the killing of UnitedHealthcare CEO

JPMorgan retains other ties to Polymarket as it looks to leave the door open for an underwriting role should it attempt to go public, the report said. 

Reliance Industries and Rolls-Royce announced a partnership to develop a combat aircraft engine for India's AMCA programme, aiming to enhance domestic fighter-jet propulsion capabilities. They plan to establish an Aerospace Gas Turbine Complex in India for the entire engine lifecycle.

Mahindra is using the merged SML Mahindra entity and two new truck engines to break into heavier commercial vehicle segments and challenge Tata Motors and Ashok Leyland. The company is targeting 20% CV market share within a decade while treading carefully on subsidised electric buses.

Nithin Kamath said that the fundamental questions are: Why AI? How do you manage security risk? Continuous evaluation, especially of the high-stakes decisions.

While Ola Electric and Reliance New Energy (a subsidiary of Reliance Industries) were given the extension to complete their respective projects by 2031, the third beneficiary, Rajesh Exports Ltd, was not given one in light of a Sebi investigation into governance issues in the company.

The steep fall in profits reflected JLRs 74% y-o-y fall in profit after tax to 66 million, while operating profit margins declined 120 basis points (bps) to 2.8%.

Artificial intelligence promises much in the field of healthcare. But too much of whats on offer is not oriented to the needs of medical practice, but crafted by what data AI has access to. What doctors want solved should be the aim.

Since use-and-throw apparel uses a lot of synthetic inputs cracked out of crude oil and also tankloads of fuel to reach overseas markets, a Hormuz oil choke could yet inflame costs across the global fast fashion industry as buffer stocks run out.

Two and a half centuries since the US Declaration of Independence, the country cant be all that proud of its actions around the globe. However, Americas motto offers a glimmer of hope that gaps between its ideals and realities can be bridged.

Skyroots successful maiden launch of its rocket marks a triumph for Indias buzzy space sector after it was opened to private enterprise in 2020. Challenges abound, but its time for innovation spurred by full-thrust competition to fling the sector ahead.

The sector turned in a heartening performance over the last quarter, with banks like Kotak Mahindra, Axis, Yes and ICICI showing double-digit gains. Corporate lending has picked up too. The retail segment, though, should be under risk watch.

The fight wasnt limited to police and the terrorists; it went deeper, threatening the very soul of Punjab.

While a lot has changed since the oil shocks of the 1970s to reduce their damage, a re-eruption of full-scale war in West Asia between the US and Iran cant be shrugged off. Markets dont seem to have priced in the tail risks yet.

In a market that has Amazon's Alexa and Google's Gemini for Home, an OpenAI device designed by ex-Apple Jony Ive will face stiff competition. But while others aim to be useful, this one will likely try to get users emotionally hooked. Does this bend the ethics of addictive-by-design tech?

Gross domestic product (GDP) has been long criticized for its inadequacy in measuring economic activity or welfare. True, it is imperfect. But it is too deeply embedded in the institutional architecture of governments, markets and global organizations to drop.

The British director of blockbusters such as 'Inception' and 'Interstellar' isnt just talented. Part of the reason his films have gained a cult following is that they are abstract enough for people to see what they want in his work. Does that qualify it as arthouse cinema?

Indias farm output has grown more resilient to rainfall deficiencies but this relief is only relative. Inadequate rainfall could still stoke food inflation and compress rural incomes. Let's not drop our guard.

The historic pact inked last year by New Delhi and London went into effect this week. Besides a tariff-reduction trade boost, the deal has plenty of avenues for business gains on both sides. Some duty rollbacks are gradual, but their calendar bears no uncertainty.

Apple Incs lawsuit against OpenAI in America signals a shift in what intangibles a company ought to guard in the age of AI. Not just protective laws, even corporate practices need to adapt. What if AI is busy diffusing trade secrets?

Weak growth in the latest quarter may have made Beijing sit up. Its a worry. Yet, for all its economic problems, Chinas tech advances seem on a sharp incline. Its space success with Long March, for example.

Trump's idea of levying a toll for passage through the Strait of Hormuz was in tune with a global requiem for the world trade order. While India has been pragmatic with bilateral pacts, it mustnt give up on universal free trade as a stability assurer.

Wholesale inflation rose to 9.9% in June while Indias retail inflation at 4.4% marked a 17-month high. This wouldnt have surprised the Reserve Bank, but uncertainty over energy and food supplies may call for a stance review.

By suing a local bubble-tea chain, LVMH's Louis Vuitton may have secured its trademark logo but lost the respect of Chinese folks. The luxury retailer should pay more attention to cultural sensitivities. Stepping on local toes doesn't help.

Conflict in West Asia has flared up again, unfortunately, but maybe the truce memo Trump signed on 17 June and now wants binned is still worth a lot more than its ink and paper. Think of Americas political economy.