Data Centre Specialist AirTrunk To Invest Rs 3 Lakh Crore In India: PM Modi
Founded in 2015, AirTrunk set up Australia's first and largest hyperscale data centres in 2017
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Founded in 2015, AirTrunk set up Australia's first and largest hyperscale data centres in 2017
Former Australia captain Michael Clarke was involved in a serious road accident in India shortly after the IPL 2026 final. His vehicle crashed into a semi-trailer, leaving him with bruises and the car written off. Clarke expressed gratitude for the support from locals and the BCCI following the frightening incident.
Pakistan has decided not to send its fencers to the Asian Senior Fencing Championships in New Delhi despite receiving an invitation from organisers. The event, being hosted by India for the first time, will feature participants from over 30 countries. Meanwhile, some nations, including Hong Kong and Australia, are facing visa-related issues, though authorities are working to resolve them before the tournament.
Ahmed al-Ahmed, lauded for disarming a Bondi Beach attacker, now faces assault charges. Police allege he assaulted his father in March. Al-Ahmed denies the claims, calling them 'fake information.' He was hailed a hero after the deadly shooting, receiving widespread praise and meeting the Prime Minister. The Bondi attack remains Australia's deadliest mass shooting since 1996.
Fifteen-year-old Vaibhav Sooryavanshi electrified IPL 2026 with a stunning 776 runs at a 230+ strike rate. His fearless batting dismantled top bowlers, including Australia captain Pat Cummins. Cummins admitted the teenager's power and confidence made him incredibly tough to bowl to, calling his ball-striking ability exceptional, regardless of age.
Australian captain Pat Cummins is considering skipping IPL 2027 due to a demanding international schedule. With major tours and tournaments ahead, he indicated that franchise cricket might be sacrificed to prioritize national duties. Cummins emphasized Test matches and the ODI World Cup as his primary focus, suggesting workload management for the pace attack is crucial.
Countries in the Five Eyes alliance, including Canada, Australia and New Zealand, will be granted access to Mythos, alongside key European and Asian economies.
โI seek help to bring back my father. My father has been missing since May 22 in Amritsar. We have no whereabouts for him yet. His phone is switched off,โ says Surbhi Sharma
Itโs easy to understand why so many graduates are booing commencement speakers who tell them how great AI is. They face a brutal job market, with unemployment for recent college graduates nearing recession levels, and AI is often cited as the reason they canโt find jobs or have to drastically reassess their career plans.I have a message for the class of 2026: AI is not ruining your job prospects, at least not yet. A better explanation for the tough job market may be the prevalence of WFH, not the rise of AI.131463654Two new studies, one from the Federal Reserve Bank of New York and one from the London School of Economics, look at the recent rise in unemployment among young workers. The authors of the LSE study looked at 243 million new hires and 407 million online job postings from 2017 to 2025 in the US, UK, Australia and Canada. They observed a notable decline since 2022 in the hiring of new graduates. AI was presumed to be the reason, since the falloff tends to be in the sort of industries that are adopting AI.But these are also the same kinds of jobs โ reliant on computers, knowledge-intensive, white-collar โ that are most amenable to working from home. When they controlled for WFH, the authors found that the impact of AI on hiring was negligible.The study postulates that where WFH is more common, managing junior staff is more expensive. At the same time, young staffers who receive less training may be less productive than they would be otherwise, even as they mature and demand more pay. So the cost of WFH to young graduates is not just a harder job market โ it also makes it harder for young employees to get good training, supervision and mentorship, a point also made by the New York Fed study.WFH has always had a superficial appeal. At first, it seems easier and often cheaper for both employers and employees; companies can pay less if they offer more flexibility, and many staffers have commitments that keep them at home. In the long term, however, both management and workers pay a price in terms of lost training and career development of younger employees.This could get even worse as AI is more widely adopted. New hires recently out of college who work on their own may figure out how to do specific tasks (perhaps with AI assistance), but they wonโt learn much about how to manage office politics, charm clients or build networks. All these skills will be even more valuable in an AI job market, and none can be gained without coming into the office and observing senior colleagues.The new research doesnโt argue that AI will have no impact on hiring in the future, or that it is currently affecting hiring decisions. Itโs also worth noting that many firms are still hiring โ just not as much as before. There are a lot of factors that go into the health of the labor market, and if the economy worsens, the combination of AI and WFH could make it even harder for young graduates.What does seem clear is that AI is becoming a convenient villain for a lot of complaints people have about the economy. Tech executives arenโt helping by regularly declaring that AI can replace a lot of jobs. More likely, they are using AI as an excuse when they are letting people go for financial reasons. In the case of WFH, it may be easier to blame AI than to ask reluctant staff to come into the office.Iโve seen this reluctance firsthand: A few years ago I met middle-aged media executive who told me how much she loved working from home (or, often in her case, from a resort in Mexico). When I asked her about junior staffers missing out on mentoring and on-the-job training, she admitted she never would have succeeded if senior people werenโt in the office when she was coming up. But she didnโt seem too bothered by it, either.Iโve never been asked to give a commencement speech, but if for some reason I were, this would be my advice: Find a company where everyone likes going to work. Then try to get a job there โ and if you do, go into the office every day.
India and Australia emphasized freedom of navigation and a free, open Indo-Pacific during their Defence Ministers' Dialogue. The two nations are advancing bilateral maritime security cooperation, including joint maritime domain awareness activities and exploring enhanced undersea domain awareness, to bolster regional peace and security.
Marles noted that he and Singh had met ahead of Modiโs visit to Australia for an annual summit with Prime Minister Anthony Albanese
Australia's Deputy Prime Minister Richard Marles praised RCB's IPL 2026 title win as a symbol of the strong India-Australia partnership. Highlighting the contributions of Virat Kohli, Josh Hazlewood and Tim David, Marles said their combined success reflected growing cooperation between the two nations. He also noted Kohli's popularity in Australia and described meeting Kapil Dev as a special fan moment.
Ministers Rajnath Singh and Richard Marles announced that the two countries would begin developing an MoU regarding the provision of defence articles and defence services as the next step
India and Australia have significantly boosted their defence ties, agreeing to enhance interoperability, expand maritime security cooperation, and deepen military engagements. Key initiatives include joint exercises, reciprocal aircraft deployments, and increased information sharing. Discussions also focused on defence industrial collaboration, with plans for joint research and industry roundtables, strengthening their Comprehensive Strategic Partnership.
India, Australia underscore maritime freedom and supply chain security in high-level talks
The two countries also expressed interest in expanding cooperation in defence science and technology, particularly in emerging fields such as sensor technologies.
Australia is suing US chemical giant 3M for over $1.4 billion in damages. The lawsuit alleges 3M misled the government about the safety of its firefighting foam containing PFAS, or "forever chemicals." The contamination at 28 Defence bases has cost taxpayers over $1 billion to date for investigation and cleanup.
A 23-year-old B Com graduate from Delhi seeks advice on pursuing a master's abroad on a โน50 lakh budget. Considering Australia, Germany and Canada, he weighs options for job prospects, work rights and long-term settlement.
The Comprehensive Economic Partnership Agreement (CEPA) between India and Oman is set to come into force on June 1, marking a significant milestone in bilateral economic relations. Both nations will formally announce the decision on Monday.This marks the fifth free trade agreement (FTA) implemented under the Modi government since 2014. It follows trade pacts rolled out with Mauritius (April 2021), the UAE (May 2022), Australia (December 2022), and the European Free Trade Association (EFTAโcomprising Switzerland, Iceland, Liechtenstein, and Norway in October 2025). India has also signed deals with the UK (July 2025) and New Zealand (April 2026), alongside concluding trade talks with the 27-nation European Union (EU) on January 27 this year.CEPA vs FTAModern trade pacts typically span around 20 chapters. These encompass comprehensive regulations across trade in goods, trade in services, investment, intellectual property rights, customs procedures, and dispute settlement mechanisms.Similar bilateral frameworks are also designated as Comprehensive Economic Cooperation Agreements (CECA), Comprehensive Economic Trade Agreements (CETA), or Economic Cooperation and Trade Agreements (ECTA).Also read: India-Oman CEPA to strengthen energy security, trade resilience and export growthIndia-Oman tradeBilateral trade between the two nations reached USD 11.18 billion during 2025-26, up from USD 10.61 billion in 2024-25. Indiaโs exports stood at USD 4.02 billion, while imports from Oman were valued at USD 7.16 billion.In the services domain, India's exports to Oman expanded from USD 397 million in 2020 to USD 665 million in 2024, driven primarily by telecommunications, computer and information, transport, and travel sectors. Conversely, services imports from Oman grew from USD 101 million to USD 197.7 million over the same period, led by transport, travel, telecom, and other business services.What does India gain? The deal unlocks 100% duty-free market access for Indian exports to Oman, covering 98.08% of Omanโs tariff lines, which represents 99.38% of the trade value (based on the 2022-23 average).Immediate Concessions: All zero-duty access comes into effect from "Day One" of the agreement. Currently, only 15.33% of Indiaโs export value (11.34% of tariff lines) enters Oman duty-free under the Most Favoured Nation (MFN) regime.Price Competitiveness: The pact eliminates the current 5% import duty on Indian goods worth USD 3.64 billion.Growth Drivers: Key sectors poised for immediate advantages include textiles, agricultural products, transport equipment, precision instruments, processed food, and gems & jewellery.New Horizons: The agreement unlocks fresh export windows for Indian minerals, chemicals, base metals, machinery, plastic, rubber, automobiles, clocks, instruments, glass, ceramics, marble, and paper.India-Oman CEPA: Key sectoral gainsOman will grant immediate zero-duty access to crucial Indian industrial segments, including:Iron and steelElectrical and industrial machineryMarine products and copper goodsFurthermore, the removal of the 5% tariff is set to directly bolster the competitiveness of Indian vehicles in the Omani market, while securing binding zero-duty access for key finished medicines and vaccines.India protects sensitive sectorsTo insulate local industries and farming communities, India has placed 2,789 tariff lines on its exclusion list.Excluded Categories: Key domestic sectors shielded from tariff concessions include transport equipment, major chemicals, cereals, fruits, vegetables, spices, coffee, tea, and products of animal origin.Manufacturing Safeguards: High-value manufacturing chains including rubber, leather, textiles, footwear, petroleum oils, and mineral-based products remain protected.Agricultural Shielding: Strategic segments such as dairy products, meat, oilseeds, vegetable oils, sugar, and food-processing residues are entirely kept out of the liberalisation purview.Service sector stands to gainWith Omanโs total global services imports standing at USD 12.52 billion in 2024, Indiaโs current share of 5.31% presents significant room for expansion.Oman has made robust commitments regarding the temporary entry and stay of Indian service professionals. Notably, the Intra-Corporate Transferees (ICT) ceiling has been raised from 20% to 50%, allowing Indian firms to deploy a higher volume of managerial and specialist personnel.Additionally, for the first time in any FTA, Oman has locked in specific commitments for professional service providers, benefitting Indian talent in IT, accounting, engineering, medical, education, construction, and consulting fields.Gains for India's agri sectorIndian agricultural exports such as natural honey, potatoes, cashews, boneless meat, and bakery items will secure immediate duty-free entry into Oman.Oman has agreed to dismantle tariffsโwhich currently range from 5% to 100%โon an array of items. These include cheese, curd, milk, cream, frozen fish, butter, meat, yoghurt, pastries, cakes, chocolate, sugar confectionery, mineral water, alongside animal and vegetable fats and oils.In return, Indian consumers will benefit from cheaper imports of Omani dates, with India granting zero-duty access for up to 2,000 tonnes of the commodity annually. New Delhi is also extending tariff concessions to Omanโs traditional products: Gum Arabica (utilised in food, pharmaceuticals, and cosmetics) and Frankincense (utilised in the incense and perfume sectors).Oman to benefit from tariff concessionsIndia is extending tariff concessions across 77.79% of its total tariff lines (equivalent to 12,556 lines), which encapsulates 94.81% of Indiaโs total imports from Oman by value.For items that hold significant export value for Oman but remain sensitive for domestic industries in Indiaโsuch as dates, marbles, and specific petrochemical productsโliberalisation will be managed via a controlled Tariff-Rate Quota (TRQ) mechanism.India strengthening presence in Middle EastThe Oman CEPA serves as another pillar in India's deepening trade ties with the Gulf Cooperation Council (GCC), following its May 2022 pact with the UAE. New Delhi is set to commence trade talks with Qatar soon, and has already inked terms of reference (TOR) to initiate broader trade pact negotiations with the entire GCC bloc (comprising Saudi Arabia, UAE, Qatar, Kuwait, Oman, and Bahrain).Despite its size, Oman commands vast geopolitical importance as it borders the Strait of Hormuz, a critical maritime chokepoint heavily relied upon by Asian enterprises for oil trade. The nation serves as a strategic gateway for Indian goods and services into the broader Middle Eastern and African markets.Currently, nearly 7 lakh Indian nationals reside in Oman, sending home approximately USD 2 billion in annual remittances. Over 6,000 Indian establishments operate within Oman, and India has clocked USD 615.54 million in foreign direct investment (FDI) from Oman between April 2000 and September 2025. Notably, this CEPA is the first bilateral trade pact Oman has signed with any nation since its agreement with the United States in 2006, cementing its position as Indiaโs third-largest export market within the GCC.