business news

A significant IT outage that disrupted operations globally on Friday had minimal impact on China, according to recent reports. The outage, caused by a software update from the cybersecurity firm CrowdStrike, affected a broad range of sectors, including airlines and broadcasting, but left China’s daily operations largely unaffected.

A massive worldwide outage affecting Microsoft services has led to significant disruptions across various sectors, including aviation, finance, and retail. The technical failure, which began early today, has impacted numerous critical systems, causing severe inconveniences for businesses and consumers globally.

A Bengaluru mall has been slapped with a police complaint and ordered to close for seven days following an incident where an elderly farmer was denied entry due to his traditional attire. The mall in question is GT Mall, located on Magadi Main Road.

A tribal villager will receive a reward of ₹86 lakh for providing crucial information that led to the successful killing of 12 Maoists in an encounter in Maharashtra's Gadchiroli district on Wednesday. The encounter, which lasted approximately six hours, was sparked by a tip-off from the villager, according to The Times of India.

In a recent podcast, Ashneer Grover, founder of BharatPe and Third Unicorn, expressed strong criticism of traditional hiring processes and lengthy notice periods. Grover advocates for a 'hire fast, fire fast' philosophy, suggesting that companies should streamline their hiring and evaluation processes to increase efficiency.

Switzerland is set to potentially become the first country to utilize portable suicide pods in assisted dying cases, according to the Last Resort organization. The innovative device, known as the Sarco capsule, has garnered attention since its unveiling in 2019. It is designed to facilitate a death without medical supervision by replacing the oxygen inside the capsule with nitrogen, inducing death through hypoxia.

Union Minister of Telecom, Jyotiraditya Scindia, convened a crucial brainstorming session on Tuesday with top industrialists from the telecom sector to strategize the growth trajectory of India's telecommunications industry. Among the key figures present were Akash Ambani, Chairman of Reliance Jio, Sunil Bharti Mittal, Founder and Chairman of Bharti Airtel, and Akshaya Moondra, MD and CEO of Vodafone Idea.

In a significant move highlighting his support for former President Donald Trump, Elon Musk has announced plans to donate $45 million per month to a newly formed Trump super political-action committee (PAC), as reported by the Wall Street Journal. This commitment underscores Musk's continued involvement in U.S. politics and his backing of Trump's political initiatives.

India's Chief Scientist, Professor Ajay Kumar Sood, has unveiled a comprehensive roadmap aimed at propelling India to the forefront of the global electric vehicle (EV) revolution. Highlighting the urgent need for investment in research and development (R&D), Professor Sood asserted that a ₹1,200 crore infusion could pave the way for significant advancements in e-mobility within the next five years.

In a significant move aimed at enhancing the financial well-being of state employees, the Karnataka government has approved a substantial salary increase following the recommendations of the 7th Pay Commission. The decision, finalized during a Cabinet meeting chaired by Chief Minister Siddaramaiah, will come into effect starting August 1.