Apple's new CEO to get $58 million pay package in FY27

IANS | September 2, 2026 10:06 AM

New Delhi, Sep 2 (IANS) US-based Apple Inc.'s new Chief Executive Officer John Ternus will receive a compensation package worth about $58 million in fiscal 2027, while outgoing CEO Tim Cook is set to receive about $47 million in his new role as executive chairman, as per multiple reports.

Consumer prices up 3.1 pc in S. Korea in Aug over fuel, mobile subscription fees

IANS | September 2, 2026 9:38 AM

Seoul, Sep 2 (IANS) South Korea's consumer prices moved up 3.1 per cent in August from a year earlier as oil prices remained elevated, along with higher mobile service subscription charges due to a low base effect from large-scale discounts offered last year following a hacking incident, data showed on Wednesday.

India can clock growth beyond 8 pc: World Bank's Ajay Banga

IANS | September 2, 2026 9:14 AM

Asheville, Sep 2 (IANS) India has the potential to grow beyond its current 7-8 per cent trajectory, World Bank President Ajay Banga has said, describing the country’s latest economic performance as robust despite global energy pressures, trade uncertainty and the impact of El Niño.

Fusion power could reach US grid by 2030s

IANS | September 1, 2026 11:50 PM

Chapel Hill (US), Sep 1 (IANS) Commercial fusion energy could begin supplying electricity to the US grid in the early 2030s, the head of America’s largest fusion energy company has told G20 representatives, pointing to rapid technological advances and billions of dollars in private investment.

US rejects ‘FDA for AI’ at G20

IANS | September 1, 2026 11:36 PM

Chapel Hill (US), Sep 1 (IANS) The United States has warned G20 economies against establishing a pre-approval system for Artificial Intelligence (AI), saying an “FDA for AI” would delay new products and undermine innovation.

Musk warns G20 of looming AI power crunch

IANS | September 1, 2026 11:07 PM

Chapel Hill (US), Sep 1 (IANS) Elon Musk has warned G20 economies of a looming electricity shortage driven by Artificial Intelligence (AI), saying the world could face a power deficit as early as next year as the production of AI chips races ahead of energy capacity.

Ahmedabad ready to invite global audience from maximum destinations: Ram Mohan Naidu

IANS | September 1, 2026 9:19 PM

Ahmedabad, Sep 1 (IANS) Civil Aviation Minister Ram Mohan Naidu on Tuesday said that 1.6 crore passengers last year travelled from Ahmedabad to Delhi to board international flights and with the seamless journey of ‘Hub & Spoke’, Ahmedabad will be ready to invite a global audience from maximum destinations, especially for the Commonwealth Games in 2030.