AI's biggest challenge is power, says BlackRock CEO

IANS | July 6, 2026 3:38 PM

Washington, July 6 (IANS) Artificial intelligence's biggest obstacle is no longer advanced computer chips but access to electricity, BlackRock Chairman and Chief Executive Larry Fink has said, warning that the United States must modernise its ageing power grid or risk slowing the next wave of technological innovation.

India's deal value jumps 127 pc to four-year high in Q2: Report

IANS | July 6, 2026 3:28 PM

New Delhi, July 6 (IANS) India's dealmaking landscape witnessed a sharp rise in transaction values during the second quarter of 2026, with the combined value of mergers and acquisitions (M&A) and private equity (PE) deals surging 127 per cent quarter-on-quarter to $36.3 billion, according to a report.

India’s cooperative ecosystem becomes engine of inclusive growth

IANS | July 6, 2026 3:19 PM

New Delhi, July 6 (IANS) India has one of the largest cooperative ecosystems in the world, spanning nearly every sector of the economy and in five years, the Ministry of Cooperation has transformed cooperatives into engines of inclusive growth, an official factsheet said on Monday.

EU slaps flat customs duty on cheap goods from China

IANS | July 6, 2026 2:23 PM

New Delhi, July 6 (IANS) The abolition of the customs duty-free exemption for low-value imported goods from China to the EU imposes a flat 3 euro duty per declaration line. The measure concerns purchases from countries such as China, aiming to rationalise imports and enhance transparency, according to an article in the Greek City Times.