Month: March 2026

Oracle Chairman Larry Ellison. Last month, Oracle said that it would raise as much as $50 billion in 2026 to fuel its AI data centre plans. (Reuters)
Posted in Business

Oracle layoffs to impact thousands in AI cash crunch| Business News

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort….

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Sandeep Singh Arora, chief business officer at Xiaomi India and (right) Anuj Sharma, Xiaomi India’s chief marketing officer. (Official image)
Posted in Business

Some industry hesitation, but flywheel working again: Xiaomi India| Business News

For years, India’s smartphone market operated on a familiar promise — wait a few months, and the same amount of money would buy better specs…

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A teardown of the LOFIC sensor and the Leica UltraPure optical lens treatment on the Xiaomi 17 Ultra. (Official image)
Posted in Business

Photography as a human eye sees it| Business News

It is often said that every dark night, is followed by a bright day. For Xiaomi in India, that darkest night is behind them, with…

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India has asked refiners to avoid using propane and butane, which together compose liquified petroeleum gas (LPG), for petrochemical production. (AFP)
Posted in Business

India tells refiners to maximise LPG output for domestic sales only| Business News

India has directed all its refiners to maximise LPG production for sale to state-run oil marketing companies, amid a has squeeze stemming from the Iran…

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Posted in Economy

Agriculture a strategic pillar for India’s long-term growth: PM Narendra Modi

Prime Minister Narendra Modi on Friday said agriculture remains a strategic pillar of India’s long-term development and called for scaling up high-value farming and boosting…

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As part of the interim India-US trade deal, New Delhi has agreed to abstain from Russian oil imports, which, according to Washington DC, is fuelling Russia's war in Ukraine. (Reuters)
Posted in Business

Indian Oil-led refiners snap up 20 million barrels of Russian oil amid Iran war squeeze| Business News

Indian refiners, led by Indian Oil Corp. Ltd. are rushing to secure millions of barrels of prompt Russian crude as New Delhi scrambles to mitigate…

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Posted in Economy

AISTA trims India sugar output estimate to 28.3 mt on weather hit

New Delhi: India’s sugar output for the 2025-26 season has been revised down 4.4% to 28.3 million tonnes from an earlier first estimate of 29.6…

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Representational image. (Pexels/Representational Image)
Posted in Business

A short guide to email opening lines| Business News

If an alien were shown the typical first sentences of work emails, what might it conclude? Since so many messages start with the hope that…

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Posted in Economy

West Asia crisis could raise energy risks for India but domestic flows, growth outlook remain resilient: Jefferies

Escalating tensions in West Asia, particularly around Iran and the Strait of Hormuz, could pose near-term risks to global markets through higher energy prices, though…

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Posted in Economy

Millions of barrels of Russian oil are already close to India

More than 15 million barrels of Russian oil are floating within easy reach of India, offering the nation a quick fix to Middle East supply…

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