Accenture on Friday reported an 8% year-on-year rise in revenue to $17.7 billion for the March-May quarter of FY25, supported by growing demand for AI-related services. The Ireland-headquartered IT services firm, which follows –a September-August fiscal calendar, also raised the lower end of its full–year revenue growth guidance to 6-7% in local currency from 5-7%…
The European Union (EU) said on Thursday it was seeking more information from tech mogul Elon Musk’s X about changes to its corporate structure, months after the social media platform was bought by xAI in a USD 33 billion deal. “We are following closely changes in the corporate structure of X, as we would change…
In a major push for India’s port and maritime sector, Vadhvan Port Project Ltd, the firm behind what is set to become the country’s largest port—is gearing up to raise up to Rs 300 billion (approximately $3.5 billion) in debt, presenting lenders with a rare long-term investment opportunity. The Vadhvan Port Project Ltd, located just…
Royal Challengers Bengaluru lifts the IPL trophy (Photo by Pankaj Nangia/Getty Images) The 2025 season of the IPL wasn’t just about the cricket. It was a season full of unforgettable moments, from Royal Challengers Bengaluru finally winning their maiden title to record-breaking viewership that brought the country together like never before. According to official broadcaster…
In a major joint effort, NASA and ISRO are set to launch the NISAR satellite, a $1.5 billion Earth-observing mission that could transform the way we monitor our planet. The launch is scheduled for June 18, 2025, from the Satish Dhawan Space Centre in India. NISAR, short for NASA-ISRO Synthetic Aperture Radar, will track changes…
India’s merchandise exports to the United States grew by 16.93% year-on-year in May, reaching $8.83 billion. Imports from the US, on the contrary, dipped 5.76% to $3.62 billion, according to data released by the commerce ministry.The upward trend continued into the April–May period, with exports to the US climbing 21.78% to $17.25 billion. Imports during…
India’s total exports including both merchandise and services, climbed to $71.12 billion in May 2025, marking a 2.77% increase compared to the same month last year, data released by the Union commerce ministry showed on Monday. In May 2024, the figure stood at $69.20 billion.While merchandise exports saw a slight dip from $39.59 billion to…
Prime Minister Narendra Modi with President of Cyprus Nikos Christodoulides (Image credit: PTI) Prime Minister Narendra Modi, who is on a two-day visit to Cyprus, addressed a joint briefing with Cyprus President Nikos Christodoulides on Monday.The visit is part of his three-nation tour, which also includes attending the G7 Summit in Canada on June 16–17…
In the quiet scientific corridors of Los Alamos, New Mexico—home to some of the world’s top physicists—Alexandr Wang was born into brilliance. His parents, both Chinese immigrants and nuclear physicists at the Los Alamos National Laboratory, were no strangers to pushing boundaries. But no one could have predicted that their son, a teenager with a…
U.S President Donald Trump formally approved Nippon Steel’s 5401.T fraught $14.9 billion bid for U.S. Steel X.N on Friday, capping a tumultuous 18-month effort by the companies, beset by union opposition and two national security reviews. Trump signed an executive order saying the tie-up could move forward if the companies signed an agreement with the…