Business
US retail gasoline prices hit $1.120 per liter on July 16, 2026
US gasoline prices reached $1.120 per liter in July 2026, while diesel hit $1.270. The report analyzes the impact of regional taxes, crude oil benchmarks, and refining costs.
Wall Street ends lower as chip weakness offsets solid earnings, economic data
Major U.S. stock indexes declined on Thursday as a steep decline in semiconductor stocks overwhelmed positive economic indicators.
Q-Day is coming and it might break the entire internet
Quantum computing threatens to dismantle the foundation of global cybersecurity by cracking public-key encryption. Experts warn of a looming deadline known as Q-Day that could expose government secrets and critical infrastructure.
Trump to meet senators to negotiate CLARITY Act crypto ethics rules
President Trump is scheduled to meet with senators to negotiate ethics rules for the Digital Asset Market Clarity Act amid Democratic demands for business caps.
China’s economy grows at one of lowest rates in decades
China's GDP grew 4.3% in the second quarter, reflecting a contrast between surging exports and struggling domestic consumption and investment.
China Q2 GDP growth misses target at 4.3% amid weak consumption
China's economy expanded at 4.3% year-on-year in the second quarter of 2026, marking the slowest pace of growth since the Covid lockdown era.
India's food-delivery billionaire eyes health tech, aerospace
After stepping down as CEO of Zomato, Deepinder Goyal is investing in a brain-tracking wearable for athletes and a regional aviation network to link underserved Indian cities.
Central Asian economies see growth as combined GDP may exceed $600 billion
Central Asian nations are transitioning toward a balanced development model with combined GDP potentially exceeding $600 billion in 2026. Growth is supported by industry, infrastructure, and international capital inflows.
SBI Mutual Fund: 5 top-performing schemes by 3-year and 5-year returns
SBI Mutual Fund's top-performing schemes are currently led by thematic, international, and gold strategies rather than traditional large or small-cap funds.
Twelve US states sue to block Paramount and Warner Bros. merger
Twelve US states sue to block Paramount and Warner Bros. merger
HCLTech net profit jumps 20% to Rs 4,624 crore in June quarter
HCLTech net profit jumps 20% to Rs 4,624 crore in June quarter
Shadow bank collapse triggers surge in insolvencies
The failure of shadow bank Market Financial Solutions has triggered a wave of insolvencies across the financial services sector amid allegations of misappropriation.
Oil prices leap and stocks fall amid US-Iran strikes over Hormuz
Global markets face extreme volatility following US airstrikes on Iran and a subsequent temporary ceasefire. The conflict has disrupted oil transit through the Strait of Hormuz.
Vodafone Idea Offers this Home Broadband Plan with OTT Benefits
Vodafone Idea has introduced Vi One, a bundled service integrating high-speed fiber broadband, prepaid mobile services, and OTT subscriptions into a single plan.
OpenAI, Meta, SpaceXAI Compete for More Cost-Efficient AI Models
Leading AI developers are shifting their focus from raw capabilities to cost efficiency to address the phenomenon of 'tokenmaxxing' in corporate environments.
Tilly's closes 28 stores
Tilly's has reduced its store count by 11% as part of a strategy to improve margins and sales. The company reported a 15.9% increase in total net sales.
Nigeria power output stalls at 4,300MW amid gas supply shortages
Severe gas shortages and decaying infrastructure have left Nigeria's national grid struggling to exceed 4,000MW. A report warns that aging power plants and financial crises are deterring investment.
Apple sues OpenAI and former employees over trade secret theft
Apple has filed a federal lawsuit alleging that OpenAI systematically misappropriated confidential hardware engineering and supplier data through former employees.
Sydney house prices fall as tax reforms cool auction market
Sydney house prices have entered a period of decline, marking the second largest nominal fall ever recorded for the city. Federal budget reforms and interest rate hikes are cited as primary drivers for the downturn.
Meta removes Muse Image AI feature following privacy backlash
Meta has removed a controversial AI tool that allowed users to generate images using public Instagram accounts as references following outcry over likeness protections.