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Business

OpenAI chief Sam Altman denies betraying Elon Musk, defends for-profit push at trial

May 13, 2026 revoi editor 0

New Delhi: OpenAI Chief Executive Sam Altman on Tuesday rejected Elon Musk’s claim that he betrayed the ChatGPT maker’s founding mission to serve the public good, and said it was Musk who was interested in seizing control of OpenAI and making money from it. In an August 2024 lawsuit, Musk accused Altman and OpenAI of […]

Defence

CAPSS-HQ MAINTENANCE COMMAND JOINT AEROSPACE

May 13, 2026 revoi editor 0

New Delhi: Headquarters Maintenance Command of the Indian Air Force, in collaboration with the Centre for Airpower and Strategic Studies (CAPSS), an autonomous defence think tank, successfully conducted a one-day Joint Aerospace Power Seminar at Nagpur on 11 May 2026. The seminar, centred on the theme “Efficient Maintenance and Atmanirbharta Enablers of Airpower,” brought together senior […]

Business

US has finalized tariff refunds of $35.5 billion as of May 11

May 13, 2026 revoi editor 0

New Delhi: The U.S. customs agency has processed refunds including interest worth $35.46 billion as of May 11 for tariffs imposed by President Donald Trump last year that were deemed illegal, according to a Tuesday court filing. As of 7 a.m. ET on May 11, the U.S. Customs and Border Protection had received 126,237 applications […]

Business

US appeals court pauses ruling against Trump’s 10% global tariff

May 13, 2026 revoi editor 0

New Delhi: A U.S. appeals court on Tuesday temporarily paused a lower court ruling against the Trump administration’s 10% global tariff under Section 122 of the Trade Act, keeping the tariffs in place for three importers that had won a reprieve from the duties last week. * The U.S. trade court ruled against the new […]

Asia stock markets rebound after Donald Trump paused global tariffs

Business

Asia markets falter as hot US inflation, shaky Iran ceasefire weigh

May 13, 2026 revoi editor 0

New Delhi: Stocks started the Asian session on the back foot on Wednesday, with talks between Washington and Tehran at a standstill as hotter-than-expected U.S. inflation underscored the growing economic toll of the Middle East conflict. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.6%, down for a second day as Korean shares fell […]

English

Trump promises U.S.-Cuba talks but gives no details

May 13, 2026 revoi editor 0

New Delhi: President Donald Trump said on Tuesday Cuba is asking for help and “we are going to talk,” without providing any more information about U.S. plans. Trump has heaped pressure on the Caribbean island nation since returning to office last year, and threatened that Cuba “is next” after U.S. forces captured Nicolas Maduro, the […]

Defence

Kremlin, Trump say Ukraine war nearly over after Zelenskiy casts doubt

May 13, 2026 revoi editor 0

New Delhi: The Kremlin repeated Russian President Vladimir Putin’s assertion that the war in Ukraine was almost over on Tuesday and U.S. President Donald Trump said the war’s conclusion was “very close,” perspectives not shared by Ukrainian President Volodymyr Zelenskiy, who said Moscow had no intention of ending it. “I think that the matter is […]

Defence

Trump says he does not need China’s help to end Iran war, Tehran tightens grip on Hormuz

May 13, 2026 revoi editor 0

New Delhi: U.S. President Donald Trump said on Tuesday he does not think he will need China’s help to end the war with Iran, even as hopes for a lasting peace deal dwindled and Tehran tightened its grip over the Strait of Hormuz. Ahead of a high-stakes summit in Beijing, Trump said he did not […]

Defence

US-Iran ceasefire under strain as Trump rejects Tehran proposal, regional tensions escalat

May 13, 2026 revoi editor 0

New Delhi: The fragile ceasefire between the United States and Iran appears increasingly unstable after President Donald Trump rejected Tehran’s latest peace proposal, describing the agreement as being on “massive life support” and dismissing Iran’s counter-offer as “garbage.” The sharp exchange has deepened uncertainty over efforts to prevent a wider conflict in West Asia. Iran’s […]

Business

Torrent Power announces Q4 FY26 results, Declares 200% dividend for the year

May 12, 2026 revoi editor 0

Ahmedabad, May 12, 2026: Torrent Power Limited (the “Company”) today announced financial results for the quarter and year ended March 31, 2026.Adjusting for one-time, non-cash reversal of deferred tax liabilities of ₹ 637 Crs in FY 2024-25, TCI for the year improved by ₹ 92 Crs driven mainly by following factors: Improved operational performance of […]