US bill seeks 50 pc stake in AI companies

IANS | August 29, 2026 10:41 PM

Washington, Aug 29 (IANS) Proposed US legislation would require certain Artificial Intelligence (AI) companies to transfer a 50 per cent equity stake to a government-managed sovereign wealth fund, according to a new congressional report that warns the measure could face constitutional challenges.

US controls Hormuz: White House

IANS | August 29, 2026 9:52 PM

Washington, Aug 29 (IANS) The White House has declared that the United States controls the Strait of Hormuz, claiming American forces have cleared Iranian mines, protected nearly 1,500 commercial vessels and prevented Tehran from exporting oil through the strategic waterway.

Sergio Gor's J&K remark subtle message directed at Pakistan: Report

IANS | August 29, 2026 9:02 PM

Hong Kong, Aug 29 (IANS) US Ambassador to India Sergio Gor's remark describing the Union Territory of Jammu and Kashmir as “an important part of India” was welcomed by some as a significant indication that Washington may be moving closer to New Delhi’s position on the region, a report has stated.

India provides RO water plant for district hospital in Sri Lanka

IANS | August 29, 2026 9:01 PM

Colombo, Aug 29 (IANS) Acting High Commissioner of India to Sri Lanka, Maitrey Kulkarni, on Saturday inaugurated a RO Water Treatment Plant at Monaragala District General Hospital, along with R M Jayawardena, Deputy Minister of Trade, Commerce and Food Security and Cooperative Development.