The Worldwide Developer Conference (WWDC) keynote for 2026 is pivotal for Apple in more ways than one. Through the keynote, the English idiom “better late than never” kept floating into thought. An expression of relief when an expected accomplishment finally occurs after some time has passed. Apple’s refreshed artificial intelligence (AI) strategy finds the tech…
In what is Tim Cook’s last keynote as CEO, before he hands over the reigns of Apple Inc. to John Ternus, the tech giant has underlined a refreshed artificial intelligence (AI) strategy for the long term, at the Worldwide Developer Conference (WWDC). Alongside, next iterations of all product operating systems are being readied to evolve…
The government will divest up to a 3% stake in state-owned NLC India Ltd through an offer for sale (OFS), with the floor price set at Rs 303 per share, nearly 10% below the stock’s closing price on Monday.The OFS for non-retail investors will open on Tuesday, while retail investors can bid on June 10,…
The rupee surrendered most of its previous session’s gains and fell 43 paise to close at 95.61 against the US dollar on Monday weighed down by a sharp rise in crude oil prices and a stronger greenback amid escalating geopolitical tensions in the Middle East, PTI reported.Forex traders said risk aversion in global markets, higher…
Hyderabad: Sigma Advanced Systems on Monday said it has bagged an export contract worth US$21.97 million (nearly Rs 208 crore) to manufacture and supply 40,000 units of 155 mm M107 artillery shell bodies for a customer in North America.The Hyderabad-based company said the order has to be executed over a period of six months, with…
The European Union has included India on the list of countries that can continue to supply aquaculture products, eggs, honey, and animal casings to the EU after its stringent quality measures, imposed under the amended European Union regulatory framework, come into force in September 2026. India’s inclusion in the list is particularly significant for the…
Wall Street recovered some ground on Monday as technology and semiconductor stocks linked to the artificial intelligence (AI) boom bounced back from Friday’s sharp sell-off while oil prices eased from overnight peaks despite continued tensions between Israel and Iran.The S&P 500 rose 0.7% after suffering its worst daily decline since October on Friday. The Dow…
Elon Musk is already the world’s richest person, with an estimated net worth of about $273 billion, mainly from his holdings in Tesla stock and options. Musk could become the first trillionaire in history if SpaceX’s planned IPO is successful and investors support the company’s massive valuation. Elon Musk could become first trillionaire if SpaceX…
SpaceX is preparing for a stock market debut that could become the largest initial public offering in history. The Elon Musk-led company is seeking to raise about $75 billion at a valuation of roughly $1.75 trillion, a figure that would place it among the most valuable publicly traded companies in the world from day one.The…
Government bonds advanced on Monday shrugging off a surge in crude oil prices triggered by escalating tensions in Middle East as optimism over the Reserve Bank of India‘s accommodative policy stance and measures to attract foreign capital supported market sentiment.The yield on the benchmark 6.48% 2035 government bond fell 2.4 basis points to 6.9532%, its…
