UMAC, RCAT, ONDS, AVAV, KTOS Stocks Rise Overnight: Trump Takes Aim At Foreign Drones With New Tariffs

Trump’s new tariffs put duties of up to 100% on imported drones and parts while encouraging companies to manufacture more products in the U.S. Trump signed a proclamation imposing new tariffs on imported drones and components, citing national security concerns.  The tariffs vary by drone size, capabilities and origin, with duties reaching 100% for certain … Read more

Aakash Chopra backs Jasprit Bumrah workload management, says India can cope without star pacer: ‘Life goes on.’

Former India cricketer-turned-commentator Aakash Chopra has backed the decision to manage Jasprit Bumrah’s workload, saying that India have to prioritise the pacer’s long-term fitness rather than expect him to play whenever available. Chopra’s comments come in the aftermath of Bumrah being ruled out for the upcoming two-match Test series against Sri Lanka due to a … Read more

SpaceX Stock Rises Overnight: Elon Musk’s Stake Tops $900B — But Billions In Shares Still Depend On ‘Extremely Crazy Good’ Outcomes

Some vesting targets involve multitrillion-dollar valuations, space-based computing and a million-person Mars settlement. Musk currently owns 6.42 billion shares, representing 48.4% of SpaceX. The dual-class structure gives Musk more than 82% of the company’s voting power. Musk said his fully vested ownership stake is lower because many of his shares carry demanding performance conditions. Shares … Read more

Iran slams France for ‘blatant hypocrisy’ over protest executions

Iranian Foreign Minister Seyed Abbas Araghchi hit back at France and 26 other nations, accusing them of “blatant hypocrisy” for condemning protest executions in Iran while supporting Israel’s actions in Gaza and aggression against Iran. Iranian Foreign Minister Seyed Abbas Araghchi on Thursday hit back at France, 25 other countries and the European Union after … Read more

Panel Recommends Steps to Strengthen KABIL for Minerals Acquisition

A parliamentary panel has urged the government to strengthen KABIL, India’s overseas mineral acquisition company, by boosting its capital and manpower, institutionalising faster decision-making, and expanding private sector participation. The Parliamentary Standing Committee on Coal, Mines and Steel has recommended a series of measures to strengthen Khanij Bidesh India Limited (KABIL) and make India’s overseas … Read more

Barbie Sequel at Risk: Stalled Talks With Gerwig, Robbie, Gosling

The sequel to ‘Barbie’ is at risk of being shelved due to stalled compensation negotiations between Warner Bros. and the creative team, including Greta Gerwig, Margot Robbie, and Ryan Gosling, despite the studio making multiple ‘life-changing’ offers. A sequel to 2023’s blockbuster ‘Barbie’ is facing an uncertain future as Warner Bros. and the film’s creative … Read more

India Trade Festival emerges as key platform for MSMEs’ global access

The India Trade Festival is emerging as an international platform for small traders and startups to access global markets, with ambassadors from 45 countries visiting the event, ITPO Chairman Jawed Ashraf said on August 12. The India Trade Festival is emerging as an international platform for small traders, industries and startups to access global markets, … Read more

Kharge’s ‘Shuddhikaran’ charge against BJP sparks row in Rajya Sabha

A row erupted in Rajya Sabha after LoP Mallikarjun Kharge accused BJP members of a ‘purification’ ritual at his Haldwani rally stage. Leader of the House JP Nadda condemned the alleged act and promised a probe into the matter. Kharge Accuses BJP of ‘Purification’ Ritual A row erupted in the Rajya Sabha on Thursday after … Read more

Anand Mahindra backs HackerFab for hands-on semiconductor learning

Anand Mahindra backs hands-on innovation as Mahindra University launches India’s second HackerFab, a student-led open-source semiconductor fabrication facility, to boost India’s domestic semiconductor capabilities with practical skills. Mahindra Group Chairman and Mahindra University Chancellor Anand Mahindra has backed a hands-on approach to innovation, saying students should be encouraged to experiment, fail and build solutions themselves … Read more