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Saudi Arabia, Pakistan & Turkey sign ‘Mecca’ pact for mutual defence; India reacts

Saudi Arabia, Turkey and Pakistan each bring distinct strategic strengths to the partnership. Saudi Arabia, Pakistan and Turkey Friday signed a trilateral defence agreement aimed at strengthening their collective security as the conflict involving Iran continues to fuel instability across the West Asia.The agreement was signed following a joint defence summit attended by Saudi crown...

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‘Internal matter’: MEA dismisses US lawmaker’s criticism of FCRA Bill

NEW DELHI: Ministry of external affairs on Friday rejected criticism of India’s foreign funding law, saying the issue is an internal matter on which Parliament will take a decision.During a bi-weekly media briefing, MEA spokesperson Randhir Jaiswal said several countries, including the United States, regulate foreign funds and foreign financing.“Regarding the issue you are referring...

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‘Unnecessary pressure’: Ex-cricketer questions Vaibhav Sooryavanshi’s vice-captaincy

Vaibhav Sooryavanshi Former Gujarat captain Priyank Panchal has become the latest voice to question the decision to appoint 15-year-old Vaibhav Sooryavanshi as East Zone vice-captain for the upcoming Duleep Trophy, saying the teenager should first be allowed to settle into the demands of red-ball cricket.Sooryavanshi, who will serve as deputy to Ishan Kishan, was handed...

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Europe’s biggest software company SAP pauses travel and hiring over AI costs

​SAP has paused most travel and hiring. Europe’s largest technology company has introduced the measures as it increases investment in artificial intelligence (AI), telling employees it needs to “be disciplined in how we spend.” According to an internal email obtained by 404 Media, only AI-related hiring, customer-facing travel and trips linked to AI development or...

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Why stock market’s close is now an auction – explained

The old average had a basic flaw. An index fund promises to match the index, and the index is built on closing prices. From August 3, 2026, the closing price of every stock in the F&O segment comes from an auction instead of a 30-minute average. Long-term investors need to do nothing. Traders, index funds...

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