Month: May 2026
Space company Pixxel and AI firm Sarvam join hands to build orbital data centre satellite
US-Indian space company Pixxel has partnered with Bengaluru-based artificial intelligence firm Sarvam to build an orbital data centre satellite. While Pixxel will design, build, launch,…
Supervision must look beyond formal compliance, says RBI Deputy Guv Swaminathan J
New Delhi: A lightly supervised system may appear efficient for some time, because of lower costs and faster growth, but if that growth rests on…
MRAI asks for dedicated ministry for recycling
The Material Recycling Association of India (MRAI) has called for the creation of a dedicated and unified national framework for recycling and the circular economy…
India must map, monitor economic vulnerabilities in energy, food, other areas: EAC-PM chairman
New Delhi: India must map and monitor key economic vulnerabilities, particularly in areas such as energy, food, fertilisers, metals, and critical minerals, and proactively address…
AI compute startup Tsavorite raises $5 million from Pavestone to scale platform
Tsavorite has raised $5 million (about Rs 46.6 crore) from Hyderabad-based venture capital firm Pavestone, as it looks to expand its AI compute platform spanning…
Gold prices decline as US Hormuz plan, Iran peace talks elevate hopes
Gold fell, following a second weekly decline, as traders monitored progress toward a US-Iran deal and President Donald Trump’s plan to start guiding some ships…
Forget revenue and burn rate. Early-stage founders should track these critical signals
If you ask most investors what they look for in early-stage startups, they’ll probably tell you about the big four: revenue growth, burn, customer acquisition…
How Iran’s chief sanctions buster went from death row to crypto
Babak Zanjani had been on death row for years before Iranian authorities suddenly decided to release him last year. He had talents that would soon…
India palm oil imports fall to one-year low in April on weak demand
MUMBAI: India’s palm oil imports fell 27% to a one-year low in April, as sluggish demand from institutional buyers and a recent price rally that…
The remarkable revival of eBay
The first thing sold on eBay was a broken laser pointer. In 1995 Pierre Omidyar, the founder, listed the item to test the idea of…