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๐Ÿ“… ArchiveSaturday, 11 July 2026
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India Top Stories

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Monsoon Blankets Entire India, Heavy Rain Alert for Delhi and UP
NDTV๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:57 am

Monsoon Blankets Entire India, Heavy Rain Alert for Delhi and UP

The Southwest Monsoon has now covered the entire country, with heavy rainfall causing severe waterlogging in Delhi-NCR and surrounding areas. Weather authorities have issued heavy rain alerts for Delhi and Uttar Pradesh. The monsoon's full coverage marks a significant point in the season.

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Government Rules Out Petrol Options Alongside E20 Fuel Blend
Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:57 am

Government Rules Out Petrol Options Alongside E20 Fuel Blend

The central government has said it will not be feasible to run a parallel fuel supply system offering pure petrol or lower ethanol blends alongside E20 fuel. E20 is a blend of 20% ethanol and 80% petrol. The government has effectively shut the door on giving consumers a choice between fuel types.

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India's Breast Cancer Survival Rate at 65.7% โ€” Well Below Global Median, Says WHO
Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:57 am

India's Breast Cancer Survival Rate at 65.7% โ€” Well Below Global Median, Says WHO

India's breast cancer survival rate stands at 65.7%, which is lower than the global median, according to a WHO report. Early diagnosis and timely treatment are identified as the key factors in improving survival outcomes. Unequal access to quality cancer care across different regions of India is highlighted as a major barrier.

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Modi Becomes First Indian PM to Visit New Zealand in 40 Years, Eyes FTA and Defence Ties
Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:57 am

Modi Becomes First Indian PM to Visit New Zealand in 40 Years, Eyes FTA and Defence Ties

Prime Minister Narendra Modi is visiting New Zealand โ€” the first Indian PM to do so in 40 years. The agenda includes capitalising on a free trade agreement, defence and security cooperation, and talent mobility. The visit signals a push to deepen bilateral ties across multiple areas.

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Apple Sues OpenAI and Two Ex-Employees for Stealing Trade Secrets
The Hindu๐ŸŒ Global
11 Jul, 04:57 am

Apple Sues OpenAI and Two Ex-Employees for Stealing Trade Secrets

Apple has filed a lawsuit against OpenAI and two former employees, alleging theft of trade secrets. Apple stated in its filing that more than 400 former Apple employees now work at OpenAI. The suit is expected to significantly complicate OpenAI's plans for a highly anticipated initial public offering.

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US and Iran Exchange Strikes, Tehran Asks to Resume Talks
The Hindu๐ŸŒ Global
11 Jul, 04:57 am

US and Iran Exchange Strikes, Tehran Asks to Resume Talks

The US and Iran traded military strikes this week, with Iranian forces attacking US military infrastructure in Gulf states on July 9, 2026, following earlier US strikes on Iran's southern coastal and eastern provinces. President Trump has said Iran has asked to continue talks, and the US has agreed. The situation in West Asia remains highly volatile.

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'One Nation, One Election' Could Be Ready for 2029 Rollout, Says Joint Panel Chief
The Hindu๐ŸŒ Global
11 Jul, 04:57 am

'One Nation, One Election' Could Be Ready for 2029 Rollout, Says Joint Panel Chief

P.P. Chaudhary, the chief of the joint parliamentary panel on 'One Nation, One Election', said the mechanism may be ready for rollout by 2029. He claimed that nearly 99% of civil society stakeholders consulted so far have backed the proposal. The plan would synchronise elections across the country into a single cycle.

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Sinner Through to Wimbledon Final After Beating Djokovic in Straight Sets
Times of India๐ŸŒ Global
11 Jul, 04:57 am

Sinner Through to Wimbledon Final After Beating Djokovic in Straight Sets

Jannik Sinner beat Novak Djokovic in straight sets to reach the Wimbledon final, where he will defend his title. His opponent will be Alexander Zverev, who reached his first-ever Wimbledon final by beating Arthur Fery. Zverev said he believes he can win the title.

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Business & Startups

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Ola Electric Hit With Third Insolvency Petition, NCLT Sends Notice
Inc42 Media๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:58 am

Ola Electric Hit With Third Insolvency Petition, NCLT Sends Notice

Ola Electric now faces a third insolvency petition, and the National Company Law Tribunal (NCLT) has issued a formal notice to the company. This follows two earlier insolvency proceedings initiated by Sterling E-Mobility Solutions and Anevolve Mando eMobility. The NCLT notice means the company must respond officially to the tribunal.

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SEBI Gives Green Light to Zetwerk and Tonbo Imaging IPOs
Inc42 Media๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:58 am

SEBI Gives Green Light to Zetwerk and Tonbo Imaging IPOs

Markets regulator SEBI has approved the draft IPO papers for manufacturing startup Zetwerk and defence tech startup Tonbo Imaging. Both companies can now move ahead with their public listings. This brings two high-profile Indian startups closer to the stock market.

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TCS Reports Flat Q1 Growth But Beats Analyst Estimates, AI Deals Reshape Pricing
mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:58 am

TCS Reports Flat Q1 Growth But Beats Analyst Estimates, AI Deals Reshape Pricing

TCS posted first-quarter revenue of $7.62 billion, up just 0.04% from the previous quarter and 2.7% year-on-year. The number beat analyst expectations, which were as low as $7.52 billion. Separately, TCS says it is shifting to outcome-based AI deals and generating up to 15% cost savings for clients, which it passes on in phases.

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CCI Complaint Accuses Flipkart of Running a Secret Subsidy Pool to Crush Independent Sellers
mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:58 am

CCI Complaint Accuses Flipkart of Running a Secret Subsidy Pool to Crush Independent Sellers

A new complaint before the Competition Commission of India (CCI) alleges that Flipkart operates a 'recurring subsidy pool', channelling tax and operational gains from group entities to just 33 preferred sellers. These sellers then undercut independent sellers on price. The complaint focuses on Flipkart's marketplace discounting model.

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Apple Sues OpenAI, Claims ChatGPT Maker Stole Hardware Trade Secrets
mint - companies๐ŸŒ Global
11 Jul, 04:58 am

Apple Sues OpenAI, Claims ChatGPT Maker Stole Hardware Trade Secrets

Apple has filed a lawsuit against OpenAI in a federal court in California. The suit alleges that OpenAI and two former Apple employees coordinated to steal confidential information about Apple's hardware development. Apple claims this stolen information was used to build AI hardware.

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OpenAI Launches GPT-5.6 and ChatGPT Work, Targeting Your Inbox and Calendar
VentureBeat๐ŸŒ Global
11 Jul, 04:58 am

OpenAI Launches GPT-5.6 and ChatGPT Work, Targeting Your Inbox and Calendar

OpenAI has released GPT-5.6, its latest flagship AI model family, alongside a new product called ChatGPT Work. ChatGPT Work is designed as an AI-powered workspace that can manage tasks across email, calendars, code repositories, and messaging apps like Slack. It is positioned as a direct competitor to tools like Anthropic's Claude Cowork and Microsoft Copilot.

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Dixon Gets Government Approval for Long-Delayed Joint Venture With China's Vivo
mint - companies๐ŸŒ Global
11 Jul, 04:58 am

Dixon Gets Government Approval for Long-Delayed Joint Venture With China's Vivo

The Indian government has approved Dixon Technologies' joint venture with Chinese smartphone maker Vivo, 18 months after the deal was first proposed. Dixon will hold a 51% stake in the venture. The arrangement will also see Dixon operate as an original equipment manufacturer, which means it could eventually build its own smartphone brand or assemble phones for other clients.

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69% of Companies Share AI Agent Credentials โ€” and It's a Security Timebomb
VentureBeat๐ŸŒ Global
11 Jul, 04:58 am

69% of Companies Share AI Agent Credentials โ€” and It's a Security Timebomb

New VentureBeat research from a June 2026 survey found that 69% of enterprises run AI agents that share API keys โ€” the digital passwords that grant access to systems. When one key is shared across multiple agents, a single compromised agent can access everything the key touches. The research also found that 57% of enterprises have seen AI agents give confidently wrong answers due to missing or inconsistent business context.

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Stocks & Economy

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Fed Split on Rates, RBC Warns All 2025 Cuts Could Be Reversed โ€” Here's What That Means for India
MarketWatch.com๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:59 am

Fed Split on Rates, RBC Warns All 2025 Cuts Could Be Reversed โ€” Here's What That Means for India

The US Federal Reserve's June meeting minutes show officials were divided on which direction interest rates should go. RBC Wealth Management warns the Fed may undo all its 2025 'insurance cuts' or skip rate hikes entirely. CD rates have stalled, and the next Fed meeting could be the turning point.

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Goldman Sachs Says the Carry Trade Is Back โ€” and Bigger Than Ever
MarketWatch.com๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:59 am

Goldman Sachs Says the Carry Trade Is Back โ€” and Bigger Than Ever

Goldman Sachs says the currency carry trade โ€” where investors borrow in low-interest currencies to invest in higher-yielding ones โ€” has made a big comeback and is larger than it has been in many years. This is the same trade that caused a massive market blowup in 2024.

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China Flags Security Flaw in Anthropic's Claude Code โ€” A Warning for Indian AI Users Too
Finance๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:59 am

China Flags Security Flaw in Anthropic's Claude Code โ€” A Warning for Indian AI Users Too

China has warned that specific versions of Anthropic's Claude Code contain back-door vulnerabilities that could send sensitive information to a remote server. The warning targets a popular AI coding tool used by developers worldwide. Anthropic is one of the most prominent AI companies backed by major US tech investors.

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Apple Sues OpenAI, Alleges Theft of Confidential Info and Says the Worst Is Still to Come
MarketWatch.com๐ŸŒ Global
11 Jul, 04:59 am

Apple Sues OpenAI, Alleges Theft of Confidential Info and Says the Worst Is Still to Come

Apple has filed a lawsuit against OpenAI, claiming the company stole confidential information. Apple's filing states that 'misconduct is normalized and exemplified by leadership' at OpenAI, and says the alleged theft is just 'the tip of the iceberg'. This is a dramatic legal escalation between two of the most powerful names in tech.

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Meta Has Its Best Week in Years as Investors Cheer Low-Cost AI Pricing Plans
MarketWatch.com๐ŸŒ Global
11 Jul, 04:59 am

Meta Has Its Best Week in Years as Investors Cheer Low-Cost AI Pricing Plans

Meta's stock surged, heading for its best week in years, driven by investor enthusiasm for the company's new low-cost AI pricing and infrastructure plans. Investors are betting that Meta's AI strategy will pay off in a big way. The article does not specify the exact percentage gain for the week.

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Fed Chair Warsh Picks Marc Andreessen and Walmart CEO to Overhaul the Federal Reserve
Finance๐ŸŒ Global
11 Jul, 04:59 am

Fed Chair Warsh Picks Marc Andreessen and Walmart CEO to Overhaul the Federal Reserve

Federal Reserve Chairman Kevin Warsh has named the members of five task forces set up to examine the Fed's operations. The list includes venture capital heavyweight Marc Andreessen and Walmart CEO Doug McMillon. The task forces were announced on Thursday.

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SK Hynix Jumps 13% in Blockbuster Nasdaq Debut, Raising Over $26 Billion
MarketWatch.com๐ŸŒ Global
11 Jul, 04:59 am

SK Hynix Jumps 13% in Blockbuster Nasdaq Debut, Raising Over $26 Billion

South Korean memory chip maker SK Hynix launched its American depositary receipts on the Nasdaq and the stock closed nearly 13% above its offer price at $168. The company raised over $26 billion in what the article calls a blockbuster US listing. The strong debut signals continued investor appetite for AI-linked chip stocks.

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Technology

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Apple Sues OpenAI and Jony Ive's Startup Over Alleged Hardware Secrets Theft
The Verge๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:59 am

Apple Sues OpenAI and Jony Ive's Startup Over Alleged Hardware Secrets Theft

Apple has filed a lawsuit against OpenAI, claiming former Apple engineers stole trade secrets to help the AI company build its hardware. The lawsuit also names IO Products, the hardware startup founded by legendary Apple designer Jony Ive. Apple says it found 'a pattern of theft of Apple's trade secrets by OpenAI employees who were formerly at Apple.'

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EU Orders Meta to Kill Autoplay and Infinite Scroll โ€” Or Pay Massive Fines
Ars Technica๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:59 am

EU Orders Meta to Kill Autoplay and Infinite Scroll โ€” Or Pay Massive Fines

The European Union has told Meta to disable autoplay videos and infinite scroll on its platforms, citing the Digital Services Act. Failure to comply could result in massive financial penalties. The move targets features that regulators say are deliberately designed to keep users hooked.

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Ransomware Negotiator Secretly Worked for the Hackers โ€” Gets 6 Years in Prison
Ars Technica๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:59 am

Ransomware Negotiator Secretly Worked for the Hackers โ€” Gets 6 Years in Prison

A man hired to negotiate on behalf of ransomware victims was actually working for the attackers the whole time, helping them extort the very clients he was supposed to protect. He has been sentenced to six years in prison. A judge described his actions as selling out the victims he was hired to represent.

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SK Hynix Raises $26.5 Billion in Wall Street's Biggest-Ever Foreign Company Debut
The Verge๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 04:59 am

SK Hynix Raises $26.5 Billion in Wall Street's Biggest-Ever Foreign Company Debut

South Korean chipmaker SK Hynix, one of Nvidia's biggest RAM suppliers, launched on Wall Street and opened at $170 per share, raising $26.5 billion. This surpasses Alibaba's record for the largest debut of a foreign company on US markets. The AI boom is driving massive demand for the memory chips SK Hynix makes.

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FCC Cracks Down on Companies Helping DJI Dodge the US Drone Ban
The Verge๐ŸŒ Global
11 Jul, 04:59 am

FCC Cracks Down on Companies Helping DJI Dodge the US Drone Ban

The US Federal Communications Commission is going after companies suspected of helping DJI sneak its products into the American market despite a foreign drone ban. Two firms named are Xtra, which reportedly helped DJI cameras enter the US, and Skyrover, a brand accused of selling DJI drones in disguise. DJI is suspected of setting up multiple front companies to get around the restrictions.

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China Successfully Recovered Its First Reusable Rocket โ€” Using a New Method
Ars Technica๐ŸŒ Global
11 Jul, 04:59 am

China Successfully Recovered Its First Reusable Rocket โ€” Using a New Method

China has recovered its first reusable rocket, marking a major milestone in its space programme. Notably, the recovery used a different method from SpaceX's approach, signalling a new direction in reusable rocket technology. An expert quoted in the article said China is clearly trying to replicate SpaceX's work.

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Study Confirms RFK Jr.'s Measles Vaccine Changes Put Vulnerable US Toddlers at Risk
Ars Technica๐ŸŒ Global
11 Jul, 04:59 am

Study Confirms RFK Jr.'s Measles Vaccine Changes Put Vulnerable US Toddlers at Risk

A new study has confirmed that changes made to the measles vaccine programme under US Health Secretary RFK Jr. will harm vulnerable toddlers. The children most at risk are those who receive a combination shot. The study adds scientific weight to growing concerns about the direction of US vaccine policy.

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Disney Plus is Exploring a Free Streaming Tier โ€” Here's What We Know
The Verge๐ŸŒ Global
11 Jul, 04:59 am

Disney Plus is Exploring a Free Streaming Tier โ€” Here's What We Know

Disney Plus is reportedly considering offering some of its content for free, according to a Business Insider report. The idea was reportedly mentioned by Disney's chief product and technology officer, Adam Smith, during a company town hall. It is not yet clear which shows or movies would be included in the free tier.

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Geopolitical

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West Bengal Erupts in Protest After 11-Year-Old Girl Killed and Assaulted
NYT > World News๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:00 am

West Bengal Erupts in Protest After 11-Year-Old Girl Killed and Assaulted

The sexual assault and killing of an 11-year-old girl in West Bengal has triggered days of protests in the Indian state. The anger is directed at Prime Minister Narendra Modi's party, which had promised to improve women's safety. The case has turned into a major political flashpoint.

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Karur Stampede: Tamil Nadu CM Vijay Blames Police, Takes Aim at DMK
The Hindu๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:00 am

Karur Stampede: Tamil Nadu CM Vijay Blames Police, Takes Aim at DMK

Tamil Nadu Chief Minister Vijay visited Karur following a stampede and publicly faulted the police for the incident, also targeting the DMK. The episode is part of a broader news cycle that also includes PM Modi's visit to New Zealand and political activity involving Sharad Pawar and Eknath Shinde. WhatsApp's response to the Centre over its 'username' feature is also in focus.

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Indian Mission Steps In After Indian Prisoner Dies in Sri Lanka Jail Riot
The Hindu๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:00 am

Indian Mission Steps In After Indian Prisoner Dies in Sri Lanka Jail Riot

An Indian prisoner died during a prison riot in Sri Lanka. The Indian mission sent a formal diplomatic note to Sri Lanka's Ministry of Foreign Affairs and is now in contact with the victim's family. Sources confirmed the outreach.

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China's Helium Export Ban: What It Means and Why India Should Pay Attention
The Hindu๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:00 am

China's Helium Export Ban: What It Means and Why India Should Pay Attention

China has imposed a temporary export ban on helium, a gas critical for semiconductors, MRI machines, and space technology. China imports over 80% of its own helium needs but produces only about 1.6% of global supply. The ban follows earlier supply stress caused by Russia's own export restrictions.

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US and Iran Are Still Talking, But the Ceasefire Is Hanging by a Thread
The Hindu๐ŸŒ Global
11 Jul, 05:00 am

US and Iran Are Still Talking, But the Ceasefire Is Hanging by a Thread

Qatar is mediating between the US and Iran after both sides traded military strikes this week. Iran attacked US military infrastructure in Gulf states on July 9, following US strikes on Iran's southern and eastern provinces. Trump said Iran has asked to continue talks and the US agreed, even as he acknowledged the ceasefire may be 'over'.

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China Lands a Reusable Rocket, Catching Up to SpaceX in the Space Race
NYT > World News๐ŸŒ Global
11 Jul, 05:00 am

China Lands a Reusable Rocket, Catching Up to SpaceX in the Space Race

China successfully launched and recovered its Long March 10B reusable rocket, state media confirmed. This follows similar achievements by US companies SpaceX and Blue Origin. The milestone could be a breakthrough for Chinese satellite companies.

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Ousted Bangladesh PM Hasina Plans to Return Home in December and Surrender
The Hindu๐ŸŒ Global
11 Jul, 05:00 am

Ousted Bangladesh PM Hasina Plans to Return Home in December and Surrender

Former Bangladesh Prime Minister Sheikh Hasina, who was ousted and fled the country, has announced plans to return in December with party colleagues and surrender. She said her party workers face 'tremendous repression' and that she wants to die on her own soil if it comes to that.

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Sports

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India Women Post 285 at Lord's in Historic First Women's Test at the Ground
Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:01 am

India Women Post 285 at Lord's in Historic First Women's Test at the Ground

India posted 285 runs on the opening day of the first-ever women's Test match at Lord's, with Smriti Mandhana, Harmanpreet Kaur, and Deepti Sharma all scoring half-centuries. England's spinners caused a late collapse before stumps. The hosts then lost an early wicket, finishing the day at 21/1 โ€” still 264 runs behind.

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BCCI to Review Men's T20I Team Right After England Tour Wraps Up
Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:01 am

BCCI to Review Men's T20I Team Right After England Tour Wraps Up

The Board of Control for Cricket in India has confirmed it will review the men's T20I team's performance as soon as the ongoing England tour ends. The team has faced significant challenges during their recent white-ball matches. The BCCI said problems will be identified and addressed after the series concludes.

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Jordan Cox Opens Up About Virat Kohli Being Secretly Photographed During Private London Meet
Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:01 am

Jordan Cox Opens Up About Virat Kohli Being Secretly Photographed During Private London Meet

England batter Jordan Cox shared his disappointment after secret photographs of Virat Kohli surfaced online following a private meeting in London. Cox noted that hundreds of people walked past without interrupting them, but someone still photographed Kohli without his knowledge. Cox expressed sympathy for Kohli's inability to live normally away from cricket.

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Sinner Beats Djokovic in Straight Sets to Set Up Wimbledon Final Against Zverev
Times of India๐ŸŒ Global
11 Jul, 05:01 am

Sinner Beats Djokovic in Straight Sets to Set Up Wimbledon Final Against Zverev

Defending champion Jannik Sinner knocked out Novak Djokovic in straight sets at the Wimbledon semi-finals, ending Djokovic's bid for a record 25th Grand Slam title. Sinner will now face Alexander Zverev in the final. Zverev reached his first Wimbledon final after beating British wildcard Arthur Fery.

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Merino's 88th-Minute Goal Sends Spain Past Belgium and Into World Cup Semi-Finals
BBC Sport๐ŸŒ Global
11 Jul, 05:01 am

Merino's 88th-Minute Goal Sends Spain Past Belgium and Into World Cup Semi-Finals

Substitute Mikel Merino pounced on a goalkeeper mistake by Senne Lammens to score in the 88th minute and give Spain a 2-1 win over Belgium in the World Cup quarter-finals. Spain will now face France in the semi-finals. The win extended Spain's unbeaten run to 37 matches and ended Belgium's 18-game undefeated streak.

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Lamine Yamal Becomes Youngest Player Ever to Make Six World Cup Appearances
Times of India๐ŸŒ Global
11 Jul, 05:01 am

Lamine Yamal Becomes Youngest Player Ever to Make Six World Cup Appearances

At just 18, Spain's Lamine Yamal became the youngest player in history to make six FIFA World Cup appearances after featuring in the quarter-final against Belgium. He also added a World Cup goal to his record. Yamal previously won UEFA Euro 2024 and continues to break records at a remarkable pace.

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England vs Norway World Cup Quarter-Final to Feature Football's First-Ever Half-Time Concert
Times of India๐ŸŒ Global
11 Jul, 05:01 am

England vs Norway World Cup Quarter-Final to Feature Football's First-Ever Half-Time Concert

The World Cup quarter-final between England and Norway will make history with singer Ellie Goulding performing at half-time โ€” the first official Super Bowl-style musical show during a World Cup knockout match. FIFA is pushing toward American-style sports entertainment as part of the 2026 tournament. The move reflects a broader shift in how major football events are being presented.

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Buildings Collapse in Mumbai as Monsoon Rains Batter India Amid China Typhoon Chaos
The Guardian๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:02 am

Buildings Collapse in Mumbai as Monsoon Rains Batter India Amid China Typhoon Chaos

Typhoon Maysak has caused deadly flooding across southern and central China, with the Guangxi region receiving up to 280mm of rain in just 12 hours. The same weather system is linked to heavy rain causing building collapses in Mumbai. Eleven people have been reported dead from the storms so far.

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Strait of Hormuz Set to Reopen: What It Means for India's Oil Supply
NYT๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:02 am

Strait of Hormuz Set to Reopen: What It Means for India's Oil Supply

US officials say the Strait of Hormuz will soon be declared open to all traffic, following a pause in fighting between the US and Iran after two days of clashes. Iranian negotiators reportedly blamed recent ship attacks on rogue military units. A shaky ceasefire appears to be holding for now.

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SK Hynix's $26.5 Billion Nasdaq Listing Signals AI Chip Boom โ€” Indian Tech Investors Take Note
The Guardian๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:02 am

SK Hynix's $26.5 Billion Nasdaq Listing Signals AI Chip Boom โ€” Indian Tech Investors Take Note

South Korean chipmaker SK Hynix, a supplier of advanced memory chips, has set pricing for a massive US stock listing aiming to raise $26.5 billion on the Nasdaq. The company's profits have skyrocketed due to global demand for AI datacentres. This is set to be one of the largest stock sales in the world.

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US Strikes Hit Over 170 Iranian Targets as Trump Keeps Negotiations Open
NYT๐ŸŒ Global
11 Jul, 05:02 am

US Strikes Hit Over 170 Iranian Targets as Trump Keeps Negotiations Open

US forces struck more than 170 targets in Iran, including air defence systems, drone and missile storage sites, and military speedboats. Despite the escalation, President Trump said negotiations with Iran will continue. A pause in fighting has followed, with a shaky ceasefire appearing to hold.

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Israel Now Controls Nearly 70% of Gaza, Nine Months After Ceasefire
NPR๐ŸŒ Global
11 Jul, 05:02 am

Israel Now Controls Nearly 70% of Gaza, Nine Months After Ceasefire

When the US brokered a ceasefire last year, Israel controlled about half of Gaza. Israeli forces have since pushed deeper into the territory, and Palestinians are described as paying a deadly price. The expanding zone of control is reshaping daily life inside Gaza.

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Cobras and King Ratsnakes Escape Flooded Farms in Southern China
The Guardian๐ŸŒ Global
11 Jul, 05:02 am

Cobras and King Ratsnakes Escape Flooded Farms in Southern China

Hundreds of snakes, including cobras and king ratsnakes, have escaped from flooded breeding farms in Hengzhou, in China's Guangxi region, after days of heavy rainfall from Typhoon Maysak. Local media reported the escapes as floodwaters inundated the farms. The flooding has already killed at least eleven people across the region.

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๐Ÿ‡ฎ๐Ÿ‡ณIndia
TCS Bets on AI Pricing Shift โ€” And It's Already Saving Clients 15%
mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:02 am

TCS Bets on AI Pricing Shift โ€” And It's Already Saving Clients 15%

India's largest IT company, TCS, says it is generating up to 15% cost savings through AI and passing those gains to clients in phases. The company is moving away from traditional billing toward outcome-based contracts, where it gets paid for results rather than hours. This is a major shift in how India's IT industry prices its work.

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AI Cuts Junior Work but Not Your Consulting Bill โ€” India Inc Finds Out the Hard Way
mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:02 am

AI Cuts Junior Work but Not Your Consulting Bill โ€” India Inc Finds Out the Hard Way

India's top consulting and audit firms say fees have not dropped despite AI handling more junior-level tasks. The reason: AI errors like hallucinations require more senior oversight, which costs more. Firms are now moving toward value-based pricing tied to outcomes rather than hours.

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CCI Gets New Complaint Alleging Flipkart Funnels Subsidies to Favour 33 Sellers
mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:02 am

CCI Gets New Complaint Alleging Flipkart Funnels Subsidies to Favour 33 Sellers

A fresh complaint to India's competition watchdog, the CCI, accuses Flipkart of running a 'recurring subsidy pool' that channels financial benefits from group companies to just 33 preferred sellers. These sellers then undercut independent sellers on price, the complaint alleges. This adds to existing scrutiny of how large e-commerce platforms treat smaller vendors.

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Dixon Gets Green Light for Vivo Joint Venture After 18-Month Wait
mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
11 Jul, 05:02 am

Dixon Gets Green Light for Vivo Joint Venture After 18-Month Wait

The Indian government has approved Dixon Technologies' joint venture with Chinese smartphone brand Vivo, 18 months after the proposal was submitted. Dixon will hold a 51% stake in the venture and will also operate as an original equipment manufacturer. The article notes Dixon could eventually build its own smartphone brand or assemble phones for other clients.

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๐ŸŒGlobal
AI Skills Now Listed in 73% of Tech Job Postings โ€” The Bar Has Changed
HR Dive - Latest News๐ŸŒ Global
11 Jul, 05:02 am

AI Skills Now Listed in 73% of Tech Job Postings โ€” The Bar Has Changed

A new report from Dice shows that 73% of tech job postings now list AI skills as a requirement. Highly regulated industries are leading the search for AI talent as they work to shape their own AI plans. This marks a dramatic shift in what employers expect from tech workers.

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Young Adults Are Being Locked Out of Entry-Level Jobs, Fed Research Finds
HR Dive - Latest News๐ŸŒ Global
11 Jul, 05:02 am

Young Adults Are Being Locked Out of Entry-Level Jobs, Fed Research Finds

An analysis by researchers at the Federal Reserve Bank of St. Louis found that the economy is shutting young adults out of career-entry positions. AI plays a role, but researchers describe its impact as 'narrow, early and age-specific.' The findings point to a broader structural problem beyond just automation.

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Kaiser Nurses Say AI Is Making Their Jobs Harder, Not Easier
Fast Company๐ŸŒ Global
11 Jul, 05:02 am

Kaiser Nurses Say AI Is Making Their Jobs Harder, Not Easier

Nurses at Kaiser Permanente say the health system's adoption of artificial intelligence is changing their jobs for the worse. Hundreds of nurses protested outside a Kaiser hospital in San Francisco in 2024, carrying signs that read 'Trust nurses, not AI.' The issue became a central point in the nurses union's contract negotiations.

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EU Orders Meta to Tear Down Facebook and Instagram's Addictive Design Features
Fast Company๐ŸŒ Global
11 Jul, 05:02 am

EU Orders Meta to Tear Down Facebook and Instagram's Addictive Design Features

The European Union has accused Meta of breaking its social media law by designing Facebook and Instagram with features meant to keep users hooked. The EU watchdog is ordering the company to dismantle these design elements. This is one of the most direct regulatory actions yet against the mechanics of social media addiction.

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