New Delhi, June 13 (IANS) The Congress said on Saturday that India should have demanded — and received — an unconditional apology for the killing of three young Indian sailors in an American military strike in the Gulf. Pawan Khera, All India Congress Committee Media and Publicity Department Chairman, faulted the Indian government for not taking a firm stand on the issue.In a message on social media platform X, Khera said, “Instead, US Secretary of State Marco Rubio reportedly chose to issue a…
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New Delhi, June 13 (IANS) Foreign portfolio investors (FPIs) are unlikely to continue selling big in India in the context of stable currency and improving economic prospects and the selling is likely to slow down significantly, analysts said on Saturday.There is a decreasing trend in FPI selling in India. On Friday, FPIs sold only for Rs 1,082 crore in the equity cash market.“Recent geopolitical developments, which everyone expects to lead to a peace deal between US and Iran have led to sharp …
New Delhi, June 13 (IANS) AI company OpenAI has revealed two clusters of ChatGPT accounts, likely originating from China, that used its models in support of apparent covert influence operations that promoted narratives in an attempt to manipulate a legitimate debate about American AI and wider tech policies.The first cluster generated social media comments and images claiming that data center buildouts for AI were increasing electricity prices for average families. OpenAI named this cluster the …
New Delhi, June 13 (IANS) Elon Musk-run SpaceX’s initial public offering delivered a blockbuster debut in the US, handing early buyers a 31 per cent gain, before settling up 19 per cent above the offering price of $135.The shares ended the day at $160.95, giving SpaceX a market capitalisation of about $2.2 trillion after its first day of trading, turning the rocket maker’s founder Elon Musk the world’s first trillionaire.On the stock market debut day, SpaceX became the sixth-highest valued pub…
Washington, June 13 (IANS) US lawmakers this week debated a package of tax proposals aimed at easing compliance burdens for millions of cryptocurrency users, as Congress moved to establish clearer rules for a rapidly expanding digital asset sector that supporters say is critical to maintaining America’s leadership in financial innovation.During a hearing of the House Ways and Means Committee, lawmakers and industry representatives argued that existing tax rules have failed to keep pace with the …
Helsinki, June 12 (IANS) External Affairs Minister(EAM) S Jaishankar has expressed hope that the US-Iran negotiations would yield an early breakthrough, noting that the continuing conflict is creating challenges and leaving much of the world in the position of a “frustrated observer.” Speaking during a panel discussion at the Kultaranta Talks with his Finnish counterpart Elina Valtonen and UAE’s Assistant Foreign Minister Lana Nusseibeh on “Emerging Powers and the New Geopolitical Competition,” …
New Delhi, June 12 (IANS) India’s Purchasing Managers’ Index (PMI) has shown strong resilience despite the winds of war in West Asia and rising energy input prices, according to an Assocham report on Friday.The PMI for India in May stands at 59.3, significantly higher than in all the major top 10 economies, with China at 54, the US at 51.5, Japan at 51.1 and Italy at 50.4.From January to May 2026, India’s PMI maintained a steady expansion despite global economic turbulence, according to Asso…
Tehran, June 12 (IANS) Iran on Friday condemned the US attacks on commercial vessels with Indian crew members, which resulted in the death of three Indian nationals, terming the incidents as “clear evidence of America’s ongoing policy of armed robbery and state piracy”. Iranian Foreign Ministry spokesperson Esmail Baqaei offered condolences to the families of the deceased Indian sailors and urged the international community to hold the US accountable for its “lawless conduct”.”The brutal US atta…
Amaravati, June 12 (IANS) Former Chief Minister and YSR Congress Party President Y.S. Jagan Mohan Reddy on Friday expressed anguish over the death of Suresh Patnala, a marine engineer from Visakhapatnam, in an attack on a ship carrying Indians off the coast of Oman.Chief Engineer Suresh was one of the three India seafarers killed in the US attack on the vessel on Wednesday. The Palau-flagged oil tanker MT Settebello was attacked off the coast of Oman, near the strategically important Strait of H…
Seoul, June 12 (IANS) Seoul stocks were trading sharply higher on Friday morning as US President Donald Trump fuelled hopes for an end to the Iran war.The benchmark Korea Composite Stock Price Index (KOSPI) was trading up 606.46 points, or 7.81 percent, to 8,370.41, as of 11:20 am, reports Yonhap news agency.After opening sharply higher, the index is remaining above the 8,000-point mark, as institutional and foreign investors snapped up blue chip tech stocks.On Thursday (U.S. time) President Tru…