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Arabian Post Staff -Dubai SBI Funds Management raised ₹26.63 billion from anchor investors, including major sovereign wealth funds, before opening one of the country’s largest public offerings of 2026 to wider subscription on Tuesday. The asset manager allocated 46.4 million shares to 129 anchor investors at ₹574 each, the upper end of its ₹545-₹574 price band. Strong institutional demand helped the anchor book attract prominent global investors […]

By Nantoo Banerjee Fake news is flooding across India’s nearly half-a-billion social media and messaging platforms, threatening trust, relationships, and democratic processes. The country, boasting almost a billion internet subscriptions, is facing a growing crisis of misinformation with digital content spreading faster than truth across the online community. To add to the concern are Artificial […]

The article AI-Generated Deepfakes Are Eroding Social Trust appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Apple has sued OpenAI and two former employees, accusing them of stealing trade secrets to accelerate the ChatGPT maker’s push into consumer hardware. The lawsuit, filed on Friday in the US District Court for the Northern District of California, marks a sharp escalation in tensions between companies that began working together two years ago. Apple alleges that OpenAI systematically obtained confidential product, manufacturing and supplier information by […]

India’s grip on the top men’s T20 international ranking is under threat after England inflicted a fifth consecutive completed-match defeat on the double world champions and secured their first series victory over them in the format.

England completed a commanding nine-wicket win in Bristol on Thursday, taking an unassailable 3-0 lead in the five-match series. The opening match was abandoned without a result, leaving Harry Brook’s side with the chance to complete a 4-0 sweep in Southampton on Saturday and replace India at the head of the rankings.

India made 158 for seven after choosing to bat, with captain Shreyas Iyer carrying the innings through an unbeaten 80. England reached 159 for one in only 13.5 overs, finishing the chase with 37 balls unused as Brook and Phil Salt dismantled a bowling attack that struggled for control.

Brook struck an unbeaten 79 from 35 deliveries, while Salt made 59 not out from 42. Their unbroken 146-run partnership turned what could have been a competitive chase on a slow surface into a one-sided contest.

The result extended India’s sequence of defeats across Ireland and England. Their tour began with a 2-0 series loss in Belfast, where Ireland recorded their first men’s international victory over India before completing a clean sweep. England then won three completed matches in succession, exposing weaknesses in India’s batting, bowling and fielding.

The slide represents an abrupt reversal for a team that entered the tour as the leading side in the format after defending its T20 World Cup title. India’s depth, power-hitting and varied bowling attack had made it the standard-setter in international T20 cricket, but a reshaped squad has struggled to reproduce that authority in unfamiliar conditions.

Iyer’s innings in Bristol prevented a lower total, yet India failed to build partnerships around him. The captain arrived after the early loss of Abhishek Sharma and watched the middle order repeatedly surrender momentum. Vaibhav Sooryavanshi and Shivam Dube offered brief support, but England’s bowlers controlled the scoring rate and forced mistakes.

Jofra Archer led the attack with two wickets for 20 runs, combining pace with well-directed slower deliveries. England also fielded sharply, cutting off boundaries and converting pressure into dismissals as India failed to accelerate decisively during the closing overs.

Iyer acknowledged that 158 was below the total required and said India had fallen short in all three departments. His unbeaten effort offered evidence of personal form, but it also highlighted the dependence on one batter during a series in which the top order has been inconsistent.

England’s chase demonstrated the growing confidence within Brook’s side. An early wicket did little to interrupt their approach. Brook attacked the shorter boundaries while Salt maintained the tempo, ensuring India could not settle into defensive bowling patterns.

The hosts have won 19 of their 22 completed T20 internationals since Brook assumed the captaincy, a run built on aggressive batting, flexible selection and an increasingly effective pace group. Their victories against India have come through different routes, underlining the balance of the squad.

Jacob Bethell guided England through an early collapse in Manchester, scoring an unbeaten 76 as the hosts chased 191 with six balls remaining. At Trent Bridge, the pace attack dominated after England posted 201 for seven. India were dismissed for 76, suffering their heaviest defeat by runs in a T20 international.

Josh Tongue took four wickets in that match and Archer claimed three as India lost by 125 runs. Iyer described the batting display as unacceptable, but the response in Bristol was limited despite his own substantial contribution.

The tour has also intensified scrutiny of India’s transition under a new captain. Sooryavanshi became the youngest player to represent the country at senior level when he debuted at 15 in Manchester. His selection reflects an effort to prepare a new generation, although the decision to introduce inexperienced players during a demanding away campaign has increased the pressure on the established members of the squad.

Injuries have further disrupted India’s plans, with fast bowler Prasidh Krishna and all-rounder Washington Sundar among the players rotated into the side. The changes have complicated efforts to establish a settled combination and clear roles.

Iran fired missiles and drones at US military-linked facilities in Bahrain and Kuwait after a new wave of American strikes on Iranian targets, pushing Gulf security concerns sharply higher and raising fresh risks for shipping, energy markets and regional airspace. The attacks targeted areas associated with US forces in Bahrain and Kuwait, two Gulf states that host important American military infrastructure. Air defence systems were activated, sirens […]

BingX has launched a global community initiative after Enzo Fernández scored Argentina’s stoppage-time winner against Egypt, turning a World Cup comeback into a marketing moment for the cryptocurrency exchange and Web3-AI platform. Fernández’s goal completed Argentina’s 3-2 victory in Atlanta after the defending champions had trailed 2-0 deep into the last 16 tie. Cristian Romero began the recovery in the 79th minute, Lionel Messi levelled four minutes […]

Arabian Post Staff -Dubai US forces hit about 90 targets along Iran’s coast on Wednesday, extending military action for a second straight day and deepening doubts over efforts to turn a fragile truce into a permanent peace deal. US Central Command said the operation was designed to weaken Tehran’s ability to attack commercial shipping and civilian mariners in the Strait of Hormuz, the narrow waterway through which […]

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DuckDuckGo has added YouTube video ad blocking to its privacy-focused browser, widening its challenge to dominant browsers and giving users a built-in way to watch videos with fewer commercial interruptions. The feature blocks ads that appear before and during videos viewed inside the DuckDuckGo browser, including on YouTube. It relies on community-maintained uBlock Origin filter lists, a significant choice because those lists are open-source, regularly updated and […]

By K Raveendran The Narendra Modi government’s position on fuel prices now looks less like prudent caution and more like an overly defensive reading of a market that has already absorbed much of the Iran-US risk. The more calibrated question, therefore, is not whether New Delhi is right to watch the West Asian security situation, […]

The article Modi Govt’s Overcautious Oil Market Reading Hurting Retail Fuel Customers appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Microsoft Corp. is moving more artificial intelligence work inside its own systems, replacing some OpenAI and Anthropic models in products such as Excel and Outlook as pressure grows to reduce the cost of running generative AI at scale. The shift marks a notable change for one of the technology industry’s biggest AI spenders. Microsoft has relied heavily on OpenAI’s models to power Copilot features across its software […]

Arabian Post Staff -Dubai Almarai’s second-quarter revenue rose 11 per cent year on year to SAR5.87 billion, as stronger demand for dairy, poultry and bakery products helped the Riyadh-listed food group absorb higher shipping, energy and raw material costs. The company’s first-half revenue reached SAR12.03 billion, up 9 per cent from the same period last year, reinforcing its position as one of the Gulf’s most closely watched […]

Cybercriminals are using fake cracked-software downloads to infect consumers and smaller businesses with a double payload that steals credentials and mines Monero, underscoring how commodity malware operators are combining immediate data theft with longer-running attempts to profit from compromised machines. The campaign delivers Vidar, a widely used information stealer, alongside XMRig, an open-source cryptocurrency miner often abused in cryptojacking attacks. Victims are lured through malvertising into downloading […]

Epic Games has moved to end its lawsuit against former contractor Hayden Cohen, accused of leaking confidential Fortnite collaboration plans involving major entertainment and gaming franchises before they were made public. The proposed settlement, filed in a North Carolina federal court, would permanently bar Cohen from possessing, accessing, using or disclosing Epic’s confidential information and trade secrets. It would also prevent him from helping others obtain or […]

Bitcoin fell below $62,000 in Asian trading as renewed US-Iran hostilities drove oil prices higher, prompting investors to cut exposure to cryptocurrencies and other risk assets. The world’s largest digital token traded near $62,000 after touching an intraday low around $61,700, extending a pullback that spread across Ether, XRP and Solana. Ether hovered near $1,625, while several large alternative tokens lost between 1 and 3 per cent […]

Securitize’s shares have fallen about 40 per cent since the BlackRock-backed tokenisation firm completed its public listing through a Cantor Fitzgerald-linked blank-cheque vehicle, exposing a sharp gap between investor enthusiasm for blockchain-based financial infrastructure and the early trading performance of companies entering public markets through SPAC deals. The company, now trading on the New York Stock Exchange under the ticker SECZ, slipped to about $8 after opening […]

Arabian Post Staff -Dubai Iran’s Revolutionary Guards said they fired missiles and drones at US military facilities in Bahrain and Kuwait on Wednesday, widening a confrontation that has put a fragile ceasefire under severe strain after US strikes on Iranian targets near the Strait of Hormuz. The Islamic Revolutionary Guard Corps said the operation hit sites linked to the US Fifth Fleet in Bahrain and Ali Al […]

Temasek’s portfolio value climbed to a record S$518 billion, or about $400 billion, as the Singapore state investment company sharpened its push into artificial intelligence and reported stronger returns after two years of portfolio recalibration.

The latest figure, based on a mark-to-market valuation of listed and unlisted holdings, showed a S$49 billion rise for the financial year ended 31 March 2026. The increase reflected stronger performance from Singapore-based portfolio companies, gains from divestments and a broader recovery in public market valuations. The portfolio has doubled over the past decade, underlining the scale of Temasek’s role as one of Asia’s most influential investment groups.

Temasek invested S$51 billion during the year and divested S$31 billion, resulting in a net investment of S$20 billion. Its one-year shareholder return stood at 10.5 per cent in Singapore dollar terms, while its 10-year return was 7.1 per cent. The 20-year return was 6.8 per cent, a measure closely watched because Temasek is designed to generate long-term returns for Singapore rather than chase short-term market gains.

Artificial intelligence has become a central plank of the company’s next phase of growth. AI-related investments now account for about 6 per cent of its portfolio, with plans to raise that exposure to 10-15 per cent by 31 March 2031. Temasek has already taken positions linked to leading AI companies including OpenAI and Anthropic, while also targeting the wider infrastructure needed to support the technology.

The strategy is not limited to model developers. Temasek is looking across the AI value chain, including semiconductors, cloud service providers, data centres, energy systems, foundation models and software infrastructure. That wider approach reflects a belief that the economics of AI will not be captured only by consumer-facing platforms, but also by companies supplying chips, computing power, storage, power capacity and enterprise software.

Chief executive Dilhan Pillay has described AI adoption as a pivotal phase in the digitisation trend that Temasek has followed for more than a decade. The company’s approach is expected to combine direct investments, listed equities and private market exposure, with a preference for flexibility at a time when valuations across parts of the AI sector remain elevated.

The stronger annual performance also comes after Temasek moved to sharpen accountability within its investment structure. From April 2026, its portfolio has been organised into three broad segments: Singapore-based portfolio companies, global direct investments, and partnerships and funds. The change is intended to improve execution and give clearer visibility on how different parts of the portfolio contribute to returns.

Singapore-based companies remain an anchor of Temasek’s holdings. These include major stakes in groups tied to finance, telecommunications, transport, logistics, infrastructure and real estate. Their performance helped lift the portfolio during the year, even as Temasek continued to diversify beyond its home market.

The company has also increased attention on private credit, an asset class that has expanded as banks have retreated from some forms of lending and institutional investors have sought higher-yielding alternatives. Private credit currently accounts for about 2 per cent of Temasek’s portfolio, with a target of 5 per cent by 2031. The allocation is expected to provide recurring cash yield and a different risk profile from the predominantly equity-heavy portfolio.

Sustainable living remains another major investment theme. Temasek’s sustainable living portfolio rose to S$49 billion as of 31 March 2026, supported by commitments in renewable energy, power grids and transition technologies. Its portfolio emissions remained at about 21 million tonnes of carbon dioxide equivalent, around 30 per cent below 2020 levels, though the company has signalled that rising electricity demand, higher capital costs and exposure to emissions-intensive businesses may complicate its 2030 reduction target.

Temasek’s global exposure continues to reflect a balance between Asia and developed markets. Its earlier vulnerability to China-linked volatility had weighed on returns, prompting a more disciplined approach to capital allocation and risk management. The latest numbers suggest that portfolio adjustments, divestments and stronger listed-market performance have helped restore momentum.

Arabian Post Staff -Dubai Du Pay has signed a strategic memorandum of understanding with GCash to enable near-instant wallet-to-wallet remittances from the UAE to the Philippines, giving overseas Filipino workers a faster route to send money home and access exclusive rewards tied to digital transfers. The partnership connects du Pay’s mobile wallet in the UAE with GCash accounts in the Philippines, allowing funds sent through the du […]

By Nantoo Banerjee Despite never qualifying for the FIFA (Federations of International Football Associations) World Cup, India has emerged as one of the largest global markets for the current tournament being co-hosted by the United States, Canada, and Mexico, with matches played across 16 official host cities. In the opening weekend alone, the tournament reached […]

The article FIFA World Cup Reaches Over 100 Million Viewers In India appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Nissan Americas has disclosed a cyber breach involving employee records after attackers exploited a critical Oracle PeopleSoft flaw used in a wider data-theft campaign linked to the ShinyHunters extortion group. The carmaker said personnel information belonging to current and former staff in the United States, Canada, Mexico and Brazil may have been accessed through Oracle PeopleSoft, the enterprise platform it uses for payroll, tax administration and other […]

Arabian Post Staff -Dubai OPEC+ has approved another increase in oil output targets for August, adding 188,000 barrels per day to planned supply as Gulf exports move back through the Strait of Hormuz and crude prices ease from wartime highs. The decision, taken at a virtual meeting on Sunday, extends a sequence of monthly quota increases that began in April and continued through June and July. Saudi […]

Tehran opened weeklong funeral ceremonies for Ayatollah Ali Khamenei on Saturday, turning public mourning for the slain former supreme leader into a carefully staged display of endurance after months of war, political uncertainty and pressure on the Islamic Republic’s ruling establishment. The body of Khamenei, killed on 28 February during US and Israeli strikes at the start of the war, was placed at the Imam Khomeini Grand […]

Securitize began trading on the New York Stock Exchange under the ticker SECZ after completing its merger with Cantor Equity Partners II, giving the tokenisation platform a public-market foothold at a time when Wall Street is testing blockchain rails for regulated securities. The Miami and New York-based company closed its business combination on 1 July, with trading starting the following day. The deal is expected to raise […]

Bitcoin, Ether and other large crypto tokens are moving in unusually tight formation as a market worth more than $2.2 trillion tries to recover from a bruising correction, raising fresh questions over whether investors are gaining diversification or merely holding different versions of the same risk trade. Live market data showed Bitcoin, Ethereum, XRP, BNB, Solana, Dogecoin, Tron and Hyperliquid’s HYPE controlling roughly $1.74 trillion in combined […]

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