Rupert Murdoch succession battle: Eldest son Lachlan to control media empire; siblings to get $1.1 billion payout each

Robert Murdoch (AP file photo) and son Lachlan Murdoch (Photo from Fox corporation website) Rupert Murdoch’s family has finalised succession arrangements that hand control of his media empire to eldest son Lachlan Murdoch, ensuring Fox News retains its conservative direction. 94-year old Murdoch, an Australian-born American tycoon, built one of the world’s largest media groups,…

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Crippling Russia’s economy: EU explores new sanctions on Russian banks, oil trade; joint action with US being mulled

Whilst Russia faces severe, crippling sanctions from Western nations, it has managed to mitigate some effects. (AI image) In an attempt to pile on economic pressure on Russia, the European Union is weighing a fresh set of sanctions on Russian banks and oil trade to get President Vladimir Putin to end the war against Ukraine.According…

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‘Something being worked out’: Nirmala Sitharaman signals relief for exporters hit by US tariffs; government keeping close watch on rupee

File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman has said the government is preparing a comprehensive package to support Indian exporters impacted by the steep 50 per cent tariff imposed by the US. She noted that a multi-departmental exercise is underway to assess the effect on shipments.In an interview with…

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Digital economy: Coal India explores data centres in closed mines; to boost digital infra, sustainability

Coal India Limited (CIL) is exploring the possibility of setting up data centres in its decommissioned mines, repurposing redundant assets to meet India’s rising demand for digital infrastructure while pushing sustainable development.The state-owned miner has initiated a detailed feasibility study with consultants, officials told PTI. The exercise will include site assessments, a comparative analysis of…

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Hyundai raid fallout, US work visa system hurdles: How Trump’s Made-in-US dream is being paralysed – explained

Trump has expressed his desire to facilitate the training of US workers by bringing in battery plant specialists. (AI image) US President Donald Trump’s ambitious ‘Made-in-USA’ dream is facing hurdles created by his own administration’s actions. The recent immigration raid on a Hyundai-LG Energy Solution battery facility in Georgia is an example of how Trump’s…

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Food security: Smallholder farmers hold key to tackling global food crisis, says ICAR director

Complex challenges facing global agri-food systems require solutions centred on smallholder farmers, the country’s top agricultural research official said as international experts gathered in the capital to deliberate on the future of world food security.Department of Agricultural Research and Education Secretary and ICAR Director General Mangi Lal Jat was addressing DialogueNEXT in India, a two-day…

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