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Prime Minister Modi warned that ongoing global conflicts and instability risk undoing decades of development and plunging populations into poverty. Addressing the Indian diaspora in The Hague, he emphasized the critical need for resilient and trusted global supply chains, highlighting India's cooperation with the Netherlands in this area. He also celebrated the diaspora's cultural preservation and India's recent economic transformation.

A Palantir executive has declared the traditional Software as a Service (SaaS) model dead, attributing its demise to generative AI. AI tools now enable rapid, cost-effective creation of highly customized corporate software, replacing lengthy, expensive traditional development. This shift empowers engineers to build bespoke solutions on the spot, with AI also handling complex tasks like testing and compliance monitoring.

A US-Israeli war with Iran has triggered significant global economic fallout, with companies reporting at least $25 billion in losses due to soaring oil prices and disrupted trade routes. Businesses worldwide are implementing cost-cutting measures, including price hikes and reduced production, as the conflict impacts various sectors, particularly airlines.

In a landmark achievement, India showcased its growing military capabilities with the successful test of the DRDO's Unmanned Aerial Vehicle Launched Precision Guided Missile (ULPGM)-V3. This sophisticated weapon system, designed for versatile air-to-air and air-to-ground operations, embodies a significant advancement in India's push for defense self-sufficiency.

25% stakeholder took a blow of $743 million and its net dipped 57%

Apple is reportedly testing iPhone, iPad, and Mac processors with Intel's advanced chip manufacturing process, marking a potential shift after a decade. While TSMC remains the dominant supplier, this move signals Apple's strategy to diversify and cultivate new partners amidst growing demand for AI chips. Intel faces significant challenges in meeting Apple's stringent requirements.

An AI tool named Mythos has breached Apple's macOS, considered highly secure. Researchers used Mythos to link two minor software flaws. This allowed the AI to corrupt the Mac's memory and access sensitive data. The exploit could grant hackers full control of a victim's computer. Apple is reviewing the findings. This development highlights the growing threat of AI-assisted cyberattacks.

Dealers Say No Actual Shortage, Urge Public To Avoid Hoarding

Defence minister Rajnath Singh assured citizens that India is prepared for global supply chain disruptions, with ample petroleum products and robust foreign exchange reserves. He urged fuel conservation to ease the nation's financial burden amid high international crude prices. The government is implementing measures for fuel efficiency and responsible consumption.

NTPC Limited has announced 45 vacancies under two recruitment drives for Assistant Officer in Environment Management and Engineer positions in Contracts and Materials. The vacancies include posts across multiple categories with reservation benefits as per government norms. Candidates with engineering qualifications and relevant experience can apply for the positions. The recruitment process may include written examinations, screening and interviews. Selected candidates will receive salaries under E0 and E2 pay scales along with other company benefits.