Author: News Desk

Amazon is reportedly working on an internal project called “Project Houdini”, aimed at dramatically speeding up the construction of data centres that power the growing artificial intelligence industry. According to internal documents cited by Business Insider, the initiative focuses on shifting major parts of the construction process away from on-site work and into factory-based assembly, where large sections of data centres are prebuilt as modular units. The goal of the project is to reduce the time required for Amazon Web Services (AWS) to bring new computing capacity online, while also cutting tens of thousands of on-site labour hours. In his annual shareholder letter, Amazon CEO Andy…

Indian Railways is set for a major expansion under the PM Gati Shakti National Master Plan, with investments exceeding ₹1.53 lakh crore in the financial year 2025–26. The planned projects will cover more than 6,000 kilometres of railway network across the country. According to the Ministry of Railways, this marks a significant 110% increase compared to the previous financial year. A total of 100 projects, including new lines, doubling, and multi-tracking works, have been approved this year, focusing on better connectivity, inclusive development, and last-mile access. In comparison, during 2024–25, the ministry sanctioned 64 projects worth around ₹73,000 crore, covering…

Tata Consultancy Services (TCS) has completed its workforce restructuring exercise, resulting in around 8,000 job reductions, which is nearly 25% lower than its earlier estimate of 12,000 cuts. The company had announced the restructuring in July 2025 as part of its plan to become a more future-ready organisation. At the time, it said around 2% of its global workforce—mainly from middle and senior levels—could be impacted, depending on deployment feasibility. TCS had a workforce of just over 600,000 employees when the process began. The restructuring has cost the company about ₹1,388 crore in FY26 and was completed in the third…

India has increased the distribution of smaller 5-kg LPG cylinders and sped up the rollout of piped natural gas (PNG) connections as it works to stabilise fuel supply amid disruptions caused by the ongoing West Asia conflict. Since March 23, over 13 lakh free trade 5-kg LPG cylinders have been sold, with daily sales crossing 1 lakh units. The move is aimed at improving access for migrant workers and low-income households, according to an official statement. Alongside this, more than 4.24 lakh new PNG connections have been activated since March, while over 30,000 users have voluntarily given up LPG connections…

Mini Metro EV LLP has introduced its flagship electric three-wheeler, Yugo, which delivers an ARAI-certified range of 325 km (IDC). The launch is supported by a long-term ₹70 crore investment plan aimed at expanding manufacturing operations across Uttar Pradesh. With this launch, the company is clearly shifting its identity from a traditional e-rickshaw maker to a more advanced electric mobility manufacturer. The Yugo sets a new benchmark in the segment with a 14kWh battery pack, a top speed of 50 km/h, and several premium features such as Hill Hold, Hill Assist, regenerative braking, and an on-board charger. To support this upgraded…

UPI payments have become a routine part of life for millions of Indians, offering instant money transfers within seconds. But that instant speed may soon change slightly, as the Reserve Bank of India is reportedly considering a proposal to introduce a short delay on certain high-value digital transactions to reduce rising cases of online fraud. The basic idea is to create a brief pause that allows users to stop a payment if something seems suspicious. How the proposed system would work Under the proposal, account-to-account transfers above ₹10,000, especially through UPI, may not be processed instantly. Instead, there could be…

Pakistan, facing persistent pressure on its external finances, is expected to receive around USD 5 billion in financial assistance from Saudi Arabia and Qatar, according to media reports. The inflows are seen as a crucial support measure for the country’s fragile foreign exchange position. The timing is significant, as Islamabad is preparing to repay USD 3.5 billion to the United Arab Emirates later this month while continuing to manage strained foreign reserves, Dawn reported, citing sources in the finance ministry. The expected funding comes as Finance Minister Muhammad Aurangzeb travels to Washington to attend the IMF–World Bank Spring Meetings. During…

Tensions escalated sharply after US President Donald Trump announced that the United States would move to block the Strait of Hormuz, one of the world’s most critical oil shipping lanes. The decision came soon after peace talks between the US and Iran collapsed during high-level discussions in Islamabad, leaving both sides without any agreement. The announcement, made just hours after the negotiations ended, signals a major escalation that could push the region closer to open confrontation. Reports also indicate that US Navy destroyers have begun operating inside the strait, a rare move not seen since tensions flared on February 28.…

Cochin Port is set to deepen its navigation channel as part of a major upgrade aimed at transforming it into a global transshipment hub. Currently, large “mother ships” cannot dock at Kochi due to depth limitations, forcing cargo to be routed through Colombo and then shipped via smaller feeder vessels. The proposed project will increase the channel depth from 14.5 metres to 16 metres, enabling the port to directly handle large container vessels at the International Container Transshipment Terminal (ICTT), Vallarpadam. Estimated to cost around ₹700 crore, the project is expected to double cargo handling capacity from 1 million TEU to 2 million TEU,…

The United States leads global oil production in 2024 with about 22.84 million barrels per day, maintaining a clear dominance over other countries. It produces more than twice the output of Saudi Arabia, highlighting its strong position in the global energy market. Saudi Arabia and Russia Follow Saudi Arabia ranks second with around 10.87 million barrels per day, while Russia comes third with approximately 10.53 million barrels daily. Together, they contribute over 21 million barrels per day, making them key players in global supply. North America’s Strong Presence Canada holds fourth place with nearly 6 million barrels per day, driven…