Business Recorder

AI to turbocharge patent creation at India tech hubs, executives say

BENGALURU: Global companies expect AI to accelerate the creation of new products and intellectual property at their Indian technology hubs, underlining the country’s growing role as an innovation base even as the futuristic technology reshapes wor…

#India

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IndiGo, Air India cut June-July domestic flights amid high jet fuel prices, sources say

IndiGo and Air India, India’s two largest airlines, have sharply cut their planned domestic flights for June and July, sources familiar with the matter said, as the industry grapples with a rise in jet fuel costs in the wake of the Iran war. IndiG…

#IndiGo #AirIndia #JetFuelPrices

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Iran says draft deal with US would reopen Hormuz shipping, end naval blockade

DUBAI: Iran’s state TV said Tehran had obtained a draft of an initial, unofficial framework for a memorandum of understanding with the United States on ending their conflict. Under the framework, Iran would restore commercial shipping through the …

#Iran #US #Hormuz

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Iran says US, Israel goal still to overthrow Islamic republic

TEHRAN: Iran’s intelligence ministry said on Wednesday that the goal of the United States and Israel remained to overthrow the Islamic republic and break up the country. “The enemy is now pursuing through other means the objective of overthrowing …

#Iran #US #Israel

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Trump Board of Peace’s official Gaza fund is empty

WASHINGTON: US President Donald Trump’s Board of Peace has no cash in its official Gaza reconstruction fund, despite member countries pledging billions of dollars, a source familiar with the board told AFP on Wednesday. Trump first conceived of th…

#Trump #Gaza

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Pakistan, Colombia agree to deepen cooperation across key sectors

Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar held a meeting with Colombian Foreign Minister Rosa Yolanda Villavicencio in New York, where the two sides discussed expanding bilateral cooperation in multiple sectors, including trade…

#Colombia #Friendship

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CDF Munir celebrates Eid with troops in Balochistan, vows action against terrorism

Chief of Defense Forces (CDF) Field Marshal Syed Asim Munir visited Zhob district in Balochistan on Wednesday to celebrate Eid-ul-Adha with frontline troops deployed along Pakistan’s western frontiers, the military’s media wing said. According to …

#AsimMunir #Balochistan #PakArmy

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BOJ’s net income falls due to higher interest payments on reserves

TOKYO: The Bank of Japan saw net income fall in fiscal 2025 as rising interest rates boosted payments made on excess reserves parked with the central bank, its earnings data showed on Wednesday. Since exiting a decade-long, massive stimulus progra…

#EconomicVision

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Israel says killed new chief of Hamas armed wing in Gaza strike

JERUSALEM: Israel said on Wednesday it had killed the new head of Hamas’s armed wing in Gaza, Mohammed Odeh, after killing his predecessor earlier this month despite an ongoing ceasefire. Israeli Defence Minister Israel Katz said the “commander of…

#Israel

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North Korea tests AI-guided missiles and artillery rockets designed for modern warfare, KCNA says

SEOUL: North Korea has tested a mix of tactical ballistic missiles, artillery rockets and AI-guided precision cruise missiles designed for modern warfare under leader Kim Jong Un’s supervision, KCNA state news agency said on Wednesday. Having adva…

#NorthKorea #MissileTest