Corporate India may avoid the worst of the Middle East crisis if US-Iran truce holds: Crisil

The Middle East conflict had triggered concerns across global markets as tensions around the Strait of Hormuz threatened energy supplies and raised fears of slower economic growth. However, with the US and Iran reaching a ceasefire and energy markets showing signs of stabilisation, the outlook has improved.Crisil Ratings now expects the impact on corporate India’s…

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What is a ‘doublet’ earthquake? The science behind Venezuela’s strongest quake in over a century

The two powerful earthquakes that struck Venezuela’s northern coast on Wednesday, killing more than 180 people, were part of a seismic phenomenon known as a “doublet”. The twin tremors marked Venezuela’s strongest earthquake in more than a century and left the country grappling with widespread destruction.Here is why the damage was so swift and severe.When…

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India’s AI services revenue touches $12 billion as adoption moves beyond pilots: Nasscom

Speaking at the Nasscom US CEO Forum in New York, industry leaders said AI is creating fresh growth opportunities for technology services rather than replacing traditional IT work. India’s technology services industry is already generating an estimated $10-12 billion in revenue from artificial intelligence (AI) services, with nearly a quarter of companies moving AI projects…

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