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Yemen’s Houthi rebels likely fired an Iranian-made anti-ship cruise missile at a Norwegian-flagged tanker in the Red Sea in December, an assault that now provides a public, evidence-based link between the ongoing rebel campaign against shipping and Tehran

Indian Air Force chief RKS Bhadauria on Thursday slammed Congress leader Rahul Gandhi for raising questions on the Agniveer scheme and demanded that he apologise for accusing Defence Minister Rajnath Singh of lying about giving compensation to the next of kin of Agniveer Ajay Kumar, who lost his life in the line of duty. This came a day after the Indian Army rejected claims in social media posts that compensation hasn't been paid to the next of kin of Agniveer Ajay Kumar, who lost his life in the line of duty, and said his family has already been given Rs 98.39 lakh out of the due amount. The total amount will be Rs 1.65 crore approximately, it said in the «clarification» on Wednesday that came after Leader of Opposition in Lok Sabha Rahul Gandhi shared on X a video purportedly of Ajay's father, who stated that they had not received any money.

China's Ministry of Finance is conducting more rigorous checks of work done by the Big Four auditing firms for local companies, three people with knowledge of the matter said, amid concerns auditors are not doing enough to uncover corporate wrongdoing. The tighter scrutiny, which has not been previously reported, is mainly focused on Deloitte, EY, PwC, KPMG and their audits of some financial firms as well as highly leveraged companies, said the people. It began a couple of months ago and comes in the wake of a regulatory probe into «intermediaries» for property giant China Evergrande Group, which refers to auditors, rating agencies and other providers of financial services.

Delhi Chief Minister Arvind Kejriwal's wife Sunita access to his medical records and also permitted her to independently consult and seek advice from the medical board or doctors on his behalf. The court, however, rejected Kejriwal's application seeking directions to prison authorities allowing Sunita Kejriwal to be his attendant during consultations with doctors. Special Judge Kaveri Baweja said Kejriwal had not been admitted to a hospital and according to Delhi Prison Rules, permission was granted to a family member as an attendant with an undertrial prisoner by the jail superintendent in consultation with the medical officer in-charge, only when the prisoner is admitted in hospital. «This court sees no reason to carve out an exception for the applicant (Kejriwal) by going against the prison rules, more particularly in view of the submission of the jail authorities that several other inmates are also undergoing treatment for the same ailment as the applicant and who have not been permitted to have an attendant,» the court said.

government scheme to promote adoption of electric vehicles, sections of EV makers said this time they wanted a subsidy policy with a definite timeline, rather than one that would be abruptly cut off like the previous one. «New changes are too sudden, especially for the automobile industry with its long lead times. We would want the new subsidy regime to last for at least two to three years to truly benefit the industry,» Amitabh Saran, chief executive of electric three-wheeler maker Altigreen, told ET. The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme was originally launched in 2015 to encourage the adoption of electric and hybrid vehicles. Under it, a subsidy was provided to EV makers who used it to lower the prices of their products. The second edition, FAME-II, was introduced in 2019 and went on till March 2024 when it was scrapped. There has since been a steep slowdown in EV sales, according to a report by the Federation of Automobile Dealers Associations.

The U.S. Marshals Service (USMS), a division of the Department of Justice responsible for asset forfeiture, has partnered with Coinbase Prime, the brokerage platform of major crypto exchange Coinbase.

Sports Minister Mansukh Mandaviya on Friday asked all stakeholders involved in the preparation of Indian athletes for the Paris Olympic to ensure the elite players are in the best possible mental and physical shape to excel on the grand stage. A total of 118 athletes, including 48 women, across 16 sports disciplines will compete at the Paris Games. While 72 athletes have qualified for Games for the first time, 26 have come through the government's ambitious programme, Khelo India. «As our athletes enter this critical phase of preparation and competition, it's essential that we ensure they are in the best physical and mental condition to excel,» said Mandaviya, while chairing a high-level meeting to review India's preparation for the Olympics. The ministry has also established a coordination group to ensure holistic support for athletes and to address any issues that arise in the lead-up to and throughout the Paris Games.

A national registered investment advisor has launched its own trust company to further expand its service offering to clients.

A group of underwriters led by Bank of Montreal launched a US$2.55 billion loan Monday to back the acquisition of Nuvei Corp., marking the biggest buyout deal since April.

The Senate will pursue a spending increase next year of about 3.4% for defense and 2.7% increase for non-defense programs under a bipartisan agreement reached by the Senate Appropriations Committee

WisdomTree is building on the momentum in its model portfolios business by rolling out a new suite of solutions for investment advisors.

Pixxel plans to unveil an online software suite to browse through images of earth captured by its satellites and also order customised pictures. In an interaction with PTI editors, Pixxel Space Chief Executive Officer and co-founder Awais Ahmed said the start-up's earth observation studio ' Aurora' was part of efforts to make space-based data accessible to the common person for a small fee. Pixxel's earth observation studio is expected to go live later this year and make the hyperspectral images of the earth taken by its satellites and data analysis accessible to everyone.

robot civil servant employed by the Gumi City Council in South Korea was discovered unresponsive after an apparent fall down a flight of stairs. The incident, which occurred around 4 pm last Thursday, has been termed as the country's first robot suicide, according to media reports. According to the city council, the 'Robot supervisor' was found smashed and lying in the stairwell between the first and second floors of the council building. Mirroring humans, witnesses reported tha the robot «circling in one spot as if something was there» before the incident occurred. The exact cause of the fall is still under investigation, and the city council official said that «Pieces have been collected and will be analysed by the company.» About the robot servant:

The European Union says it’s accepting Apple’s pledge to open up its “tap to pay” iPhone payment system to rivals as a way to resolve an antitrust case and head off a potential hefty fine

Gold prices were flat on Wednesday as investors awaited minutes of the Federal Reserve's last policy meeting for fresh cues on when the U.S. central bank will start cutting interest rates. Spot gold was nearly unchanged at $2,329.66 per ounce, as of 0152 GMT. U.S. gold futures gained 0.2% to $2,338.70.

Narendra Modi & Co may have a few speed bumps on their road to a 'Viksit Bharat'. The recent meeting between Telugu Desam Party (TDP) supremo Nara Chandrababu Naidu, a key ally of the NDA government, and BJP's top-brass has sparked concerns after the Andhra Pradesh CM has listed his state-specific demands. Further, a Bloomberg report has stated that Naidu has sought more than Rs 1 lakh crore handout for Andhra Pradesh in the forthcoming Budget 2024.

Telus Corp. has informed around 150 call centre employees based in Ontario they must relocate by October, apply for another role or agree to be laid off.

Private equity firm Bain Capital is reportedly on the verge of finalizing a deal to acquire Envestnet, the enterprise wealth tech provider.

₹7.09 trillion in FY24 from ₹2.58 trillion in FY20 and ₹1.41 trillion in FY15. Kapoor expects this amount to grow significantly as PLI schemes for auto, semiconductors, medical devices, drones, white goods, and computer hardware gain traction.

criminal laws, Home ministry officials said that MHA has incorporated 72% of 111 suggestions made by the Department Related Parliamentary Standing Committee (PSC) which examined the draft laws in August 2023. «The PSC forwarded its recommendations to the MHA on November 10, 2023. MHA has incorporated most of the suggestions given by PSC and out of 111 observations, MHA has incorporated around 72% of them,» the officials said. The remaining suggestions were either in terms of observations of the Committee or the existing provisions in the Bills were already meeting the suggestions of PSC. The old set of Bills were subsequently recalled and, after incorporating suggestions and feedback, the current three Bills were tabled, they added. MHA has initiated steps towards preparing the existing organs of the Criminal Justice System to successfully adapt themselves to these new laws. As per officials, «these measures would require training at all levels in the police, vast improvement of forensic capabilities at all levels, evolving best practices for adopting technological solutions at police station and court levels, preparing various guidelines on initiatives like Witness Protection Scheme, etc. Further, commensurate capacity building steps have to be undertaken by all states and UTs».

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