Boeing, NASA Further Delay Starliner Crew Flight Launch

Boeing and NASA announced further delay in the much expected launch of Starliner Crew Flight to the International Space Station following certain emerging issues with the capsule. Boeing has been developing its Starliner spacecraft after winning nearly $5 billion in contracts under NASA’s Commercial Crew Program. Starliner’s first crewed flight was earlier prepared for an April launch. During a media […]

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India employees ready to delegate more work to AI: Microsoft report

As artificial intelligence (AI) threatens to replace jobs, a new report from Microsoft has suggested that Indian employees are caught between a fear of losing jobs and an opportunity to reduce workload by delegating tasks to technology. Microsoft’s Work Trend Index 2023 found that while 74 per cent of Indian employees are worried about AI replacing their jobs, 83 per […]

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IEPFA reaches out to top hundred firms to ease investor claims’ process

The investor education and protection fund authority (IEPFA) has reached out to top hundred companies to reduce the documentation required for individuals trying to claim their shares, according to a senior government official. Recently, the Supreme Court-appointed expert panel on the Adani-Hindenburg case had raised issues such as capacity constraints faced by IEPFA in clearing these claims which are over […]

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WGA, Saying “Era Of Divide & Conquer Is Over,” Accuses AMPTP Of “Gaslighting” Union Members & Telling A “Lie” About The Breakdown Of Contract Talks

The Writers Guild told its members today that the AMPTP’s “divide and conquer” strategy isn’t working, and that if the companies think they can pit one guild against the other, make a deal with the Directors Guild and force the WGA to accept it and end its strike – as was the case with the WGA’s last strike – they […]

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Investors Exhale as Debt Limit Deal Clears a Big Hurdle

The debt deal clears the House The debt-ceiling deal is a step closer to becoming law after its breezy passage in the House last night, making the prospect of a U.S. default all the more remote. Investors expressed relief, sending global markets and U.S. stock futures higher this morning. The bill now heads to a final vote in the Democratic-controlled […]

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Sebi proposes enhanced disclosure requirements for high-risk FPIs

The Securities and Exchange Board of India (Sebi) has proposed stricter disclosure norms for certain foreign portfolio investors (FPIs) to bring in more transparency and trust against the backdrop of the Adani-Hindenburg Research saga. Under the new norms, FPIs with an exposure of more than 50 per cent to a single group or with assets of over Rs 25,000 crore […]

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UK Inflation Strengthens Call For June Rate Hike

UK consumer price inflation slowed less than expected in April and the core rate accelerated unexpectedly to a 31-year high, strengthening the case for another interest rate hike from the Bank of England in June. The consumer price index, or CPI, registered an annual increase of 8.7 percent in April after a 10.1 percent gain in March, the Office for […]

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