NEWS
SpaceX Acquires xAI in Record-Setting $1.25 Trillion Deal
By Cygnus | 03 Feb 2026
SpaceX acquires xAI in a historic $1.25 trillion all-stock merger, uniting Elon Musk’s space infrastructure with artificial intelligence.
Budget 2026: Railways get fresh push with bullet train network and new freight corridor
By Cygnus | 02 Feb 2026
Budget 2026 gives India’s railways a major boost with seven bullet train corridors and a new freight route aimed at faster travel and lower logistics costs.
Budget 2026: India Unveils Rare-Earth Corridors to Break China's Mineral Grip
By Axel Miller | 02 Feb 2026
India unveils Rare-Earth Corridors in Budget 2026 to cut reliance on China, boost EV manufacturing and secure critical mineral supply chains.
Budget 2026-27 Seeks Fiscal Balance Amid Rupee Volatility and Industrial Stagnation
By Cygnus | 02 Feb 2026
India's Budget 2026-27 targets fiscal discipline with record capex as markets tumble, the rupee weakens and manufacturing struggles to regain momentum.
Italy’s Factory Slump Continues in January, PMI Signals Fragile Outlook
By Axel Miller | 02 Feb 2026
Italy’s factory sector stayed in contraction in January as PMI data showed weak demand despite slight stabilisation, raising concerns over fragile economic recovery.
Iran reviews diplomatic channels with U.S., signals possible progress soon
By Cygnus | 02 Feb 2026
Iran says it is reviewing multiple diplomatic channels with the U.S. and hopes for near-term progress as tensions remain high and military pressure grows.
Russia’s pipeline gas exports to Europe jump 10% in January as TurkStream becomes sole route
By Axel Miller | 02 Feb 2026
Russia’s pipeline gas exports to Europe rose 10% in January 2026 via TurkStream, though overall flows remain near historic lows after transit routes shut.
Musk says steps to block Russia’s use of Starlink appear to be working
By Cygnus | 02 Feb 2026
Elon Musk says SpaceX’s efforts to block Russia’s unauthorized use of Starlink are working as Ukraine tightens controls over the critical battlefield internet network.
Alibaba to spend $431 million on Lunar New Year AI push as China chatbot race intensifies
By Axel Miller | 02 Feb 2026
Alibaba will spend $431 million promoting its Qwen AI chatbot during the Lunar New Year, far outpacing Tencent and Baidu as China’s AI user race intensifies.
Oracle to Raise Record $50 Billion War Chest for AI Cloud Expansion
By Cygnus | 02 Feb 2026
Oracle plans to raise up to $50 billion in 2026 to rapidly expand cloud infrastructure for booming AI demand, marking one of the largest funding pushes in tech history.
World Bank to Commit $8–10 Billion Annually to India Under New Five-Year Partnership
By Cygnus | 30 Jan 2026
The World Bank will commit $8–10 billion annually to India over the next five years under a new partnership focused on jobs, infrastructure, and private investment-led growth.
India Sets February 5 Deadline for Financial Bids in IDBI Bank Privatization
By Axel Miller | 30 Jan 2026
India has set a February 5 deadline for financial bids in the privatization of IDBI Bank, moving closer to selling a controlling 60.7% stake in the state-backed lender.
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