business news

A pair of slippers stitched by Congress MP Rahul Gandhi has become the center of attention in Sultanpur, with offers of up to ₹2 lakh being made to buy them. However, the cobbler, Ramchet, has firmly refused to sell, declaring the slippers a cherished memento.

Microsoft is grappling with another significant outage just weeks after a global IT meltdown caused by a problematic update from cybersecurity firm CrowdStrike. On Tuesday, the tech giant reported widespread disruptions affecting several Microsoft 365 services, including Word, PowerPoint, and Outlook. This comes less than two weeks after a prior global outage, highlighting ongoing challenges in Microsoft's network infrastructure.

Intel is set to undertake significant job cuts as part of a strategic effort to recover market share and bolster its finances, according to Bloomberg News. The company has not yet officially announced the layoffs, but reports suggest an announcement could come as early as this week. Shares of the chipmaker saw a slight uptick of about 1% following the news, though the stock has plunged by 40% this year.

Food delivery platform Swiggy has announced that Bengaluru leads the nation in vegetarian orders, surpassing even the most expected cities for vegetarian cuisine. This revelation comes as part of Swiggy’s latest update on its Green Dot Awards, which highlights the best vegetarian restaurants across India.

In a recent letter to Finance Minister Nirmala Sitharaman, Union Minister Nitin Gadkari has called for the withdrawal of Goods and Services Tax (GST) imposed on life and medical insurance premiums. The request follows a memorandum submitted by the Nagpur Divisional Life Insurance Corporation Employees Union, which has raised concerns about the tax’s impact.

India's start-up ecosystem has reached a significant milestone with over 1.4 lakh registered start-ups across the country, as highlighted by Union Minister of State for Commerce and Industry, Jitin Prasada, in the Rajya Sabha on Friday. The Department for Promotion of Industry and Internal Trade (DPIIT) recognized start-ups data shows Maharashtra leading with a total of 25,044 registered start-ups.

In a shocking and unprecedented event, a $128,000 yacht was attacked and sunk by a pod of killer whales in the Mediterranean Sea, leaving its crew stunned and shaken. The incident occurred on Wednesday, just 22 hours into a 10-day voyage from Vilamoura, Portugal, to Greece.

An 11-year-old boy from Zhejiang, China, has captivated the world with his remarkable achievement in aerospace technology. Yan Hongsen, whose fascination with rockets began at the tender age of four, has made headlines for writing 600 lines of code to build his own rocket. His story has quickly become a sensation on social media, drawing admiration and support from around the globe.

Tata Motors Ltd is preparing to break ground on a significant new manufacturing facility for Jaguar Land Rover (JLR) in Tamil Nadu. The ₹9,000 crore project, spanning over 400 acres of land near Panapakkam in Ranipet district, is slated to commence construction in September. The site, strategically located near the Chennai and Ennore ports, is set to become operational by late 2025 or early 2026.

Maldives President Mohamed Muizzu has expressed gratitude to India and China for their support in easing the country's debt repayment burden, enabling the Maldives to assert greater economic sovereignty. Addressing the official Independence Day function in the Maldives on Friday, Muizzu praised his administration's foreign policy and highlighted eight months of "diplomatic success."