India's total exports have risen from $468 billion in FY 2014-15 to an all-time high of $863 billion in FY 2025-26, growing at a compound annual growth rate of 5.7%, Additional Secretary in the Ministry of Commerce, Nitin Kumar Yadav, said. Yadav added that India has concluded landmark trade agreements, placing the country at the centre of global value chains.

Tools for Humanity, the eye-scanning startup behind Sam Altman-linked World Identity verification project, is reportedly laying off employees to cut costs and streamline operations. The layoffs come days after Altman's OpenAI confidentially filed for IPO. The startup, which raised funds at a reported $2.5 billion valuation, is facing pressure to establish sustainable business model, a report said.

Crude oil prices rose on Wednesday, rebounding from a seven-week low touched in the previous session, after the US military launched fresh strikes on Iran. Brent crude futures rose 0.42% to $91.83 a barrel, while US West Texas Intermediate (WTI) crude gained 0.36% to $88.52 a barrel. A sharp decline in US crude stocks also lifted oil prices.

Bombay High Court denied Lilavati Trust's request for a gag order restraining HDFC Bank from making further statements in the ₹1,000 crore defamation case. The Court denied interim relief to the trust, stating that the bank's statements were supported by material on record. The trust had sued the bank for "falsely portraying" it and trustee Prashant Mehta as loan defaulters.

European Commission spokesperson Thomas Regnier criticised Apple as it blamed European Union's (EU) Digital Markets Act for not rolling out Siri AI in EU. "The decision not to roll out Siri AI in the EU is Apple's only," he added. Regnier further said Apple wanted to be exempted from DMA's obligations rather than meeting "essential EU privacy and security standards".

The Centre has served eviction notices to Jaipur Polo Ground, Delhi Race Club and Delhi Gymkhana Club, which accounts for nearly 96 acres of prime land in Lutyens’ Delhi. During a hearing at High Court, standing counsel Ashish Dixit argued, "The entire area is being redeveloped for public purpose. There are defence requirements, also the Air Force station is there."

Bajaj Finserv's Non-Executive director Rajiv Bajaj will step down from the NBFC's board to focus on his responsibilities at Bajaj Auto, the company said in a filing. These include overseeing the recently established Bajaj Auto Technology, Bajaj Auto Credit and managing matters related to Bajaj Auto’s acquisition of KTM. He has also decided not to offer himself for re-election.

The Strait of Hormuz closure removed 80 million tonnes/annum (mtpa) of LNG from global markets, equivalent to nearly one-fifth of the global supply, according to a Wood Mackenzie analysis. This shortage has triggered at least $100-billion investments in LNG outside the Middle East. Over 150 mtpa of LNG export capacity is already under construction outside the Persian Gulf, it added.

Anthropic has released Claude Fable 5, its latest and most powerful AI model ever, which is state-of-the-art in nearly all tested benchmarks of AI capability. Fable 5 is based on Claude Mythos, the AI model that had caused a global equity bloodbath and spooked governments. Some of Fable 5's responses will come from Claude Opus 4.8 due to safeguards.

Elon Musk has unveiled the design of SpaceX's AI1 satellite, the company's first orbital AI data centre. The satellite features a rack of AI chips powered by large solar panels and cooled by liquid radiators. AI1 will have 150 kW of peak computing power and a wingspan of 70 metres, making it the largest satellite ever launched by SpaceX.