Microsoft CEO Satya Nadella warns against AI concentration

IANS | June 23, 2026 10:15 AM

Washington, June 23 (IANS) Microsoft Chief Executive Satya Nadella has issued a sharp warning against the growing concentration of power in the artificial intelligence industry, arguing that a handful of companies should not dictate the future of a technology that is reshaping economies, workplaces and societies.

IBM’s Arvind Krishna hails US quantum drive

IANS | June 23, 2026 9:53 AM

Washington, June 23 (IANS) Indian-origin IBM Chief Executive Arvind Krishna joined senior Trump administration officials and technology leaders at the White House on Monday as President Donald Trump unveiled a new strategy to accelerate America's quantum computing ambitions and strengthen its cyber security infrastructure.

Four India-bound fertiliser ships sail safely out of Hormuz

IANS | June 22, 2026 8:06 PM

New Delhi, June 22 (IANS) Four cargo ships carrying vital shipments of urea, di-ammonium phosphate (DAP), and sulphur from the Persian Gulf are headed for Indian ports after successfully crossing the Strait of Hormuz last week, according to an official statement issued on Monday.

CBI arrests ex-CEOs of two Anil Ambani Group firms in Rs 7,623 crore bank scam

IANS | June 22, 2026 7:15 PM

New Delhi, June 22 (IANS)The Central Bureau of Investigation (CBI) has arrested Reliance Commercial Finance Limited's (RCFL) former Director and Chief Executive Officer Devang Mody, and Reliance Home Finance Limited's (RHFL) former Executive Director and Chief Executive Officer Ravindra Sudhalkar, in connection with the ongoing investigation into the Anil Ambani-run Reliance ADA Group cases, the investigative agency announced on Monday.

How India’s economy underwent a drastic change in last decade

IANS | June 22, 2026 5:28 PM

New Delhi, June 22 (IANS) India has undergone a dramatic transformation over the last 12 years from the ranks of a "Fragile Five" economy to a robust, self-contained, data-driven engine of global growth, fully equipped to face the complexities of the digital century with absolute sovereignty, according to an article.

RBI likely to keep repo rates on hold despite uncertainty: Report

IANS | June 22, 2026 5:02 PM

New Delhi, June 22 (IANS) The Reserve Bank of India's Monetary Policy Committee (MPC) is likely to maintain a wait-and-watch approach amid elevated uncertainty, with falling crude oil prices and a stronger rupee expected to cushion inflation risks, a report said on Monday.