Pune Engineer missing after Hormuz ship attack confirmed dead by family

A Pune-based marine engineer who goes missing after the MV GFS Galaxy is hit by a projectile in the Strait of Hormuz is confirmed dead by his family. The vessel comes under attack near Oman. The family received confirmation of Karmarkar's death from his employer.

3 min read10:44 AM IST

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Sensex jumps 600 points. Why is market rising?

The 30-share pack rose nearly 600 points, or 0.80%, to an intraday high of 77,641.86, while the Nifty 50 climbed to 24,220.35, rising more than 150 points, or 0.70%.

4 min read10:43 AM IST

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Income Tax: Can a third-party document alone lead to a tax demand? ITAT says no

A Delhi ITAT ruling has clarified that the Income Tax Department cannot make tax additions solely on the basis of a loose sheet recovered during a search on another person. The department must back such claims with independent evidence proving the alleged transaction actually took place.

3 min read10:32 AM IST

Forget the AI phone. OpenAI's first gadget could be a smart speaker

OpenAI is developing a portable AI-powered smart speaker as its first consumer hardware product, aimed to help users with smart-home control, music, and more.

2 min read09:41 AM IST

How Apple's Lawsuit Against OpenAI May End Sam Altman's Dreams | Explained

Apple has filed a major lawsuit against OpenAI, accusing the company of trade secret theft involving former Apple employees now working on OpenAI’s ambitious hardware project.At the centre is Tang Tan, OpenAI’s Chief Hardware Officer (ex-Apple), accused of encouraging candidates to bring company parts for “show and tell.”Apple is seeking a preliminary injunction that could delay or derail OpenAI’s plans for an AI-first device.AI analyst Shruti Mishra calls it Apple’s “kill switch” for the project.

14 Jul 2026

RBI strengthens bank board oversight, shifts focus to risk and strategy

RBI's new governance framework cuts routine board approvals and sharpens oversight of bank strategy, financial soundness and risk management from 1 October.

3 min read10:08 AM IST

India-UK trade deal kicks in—what CETA means for exporters, services and MSMEs

India's trade pact with the UK offers duty-free access for most exports and opens new opportunities in services, procurement and professional mobility. Here's what CETA changes—and what could limit the gains.

5 min read10:48 AM IST

Sonam Wangchuk hunger strike: Why Congress keeps its distance from CJP protest

Several opposition leaders—including Arvind Kejriwal, Uddhav Thackeray and Mamata Banerjee—have extended their support to Wangchuk, with most urging him to end his fast.

4 min read10:14 AM IST

‘Prepared for Messi to make me look foolish’: England vs Argentina prediction

Football analysts are divided on the England vs. Argentina semi-final at the FIFA World Cup 2026. The match takes place on 16 July at Atlanta Stadium, with both teams unbeaten but tested throughout the tournament.

4 min read09:38 AM IST