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SpaceX’s recent IPO and Starship rocket test flight delivered two big data points that offer a realistic vision for the coming years — and one that may disappoint both the company’s boosters and its critics. Hidden behind the fantastic expectations for AI enterprise profits and plans for a moon base is a more grounded reality: An expendable Starship could keep SpaceX in business, but doesn’t achieve the cost reductions — or frontier business models — Elon Musk is betting on. SpaceX is many businesses, but right now only one is producing significant revenue. Starlink, its satellite communications network, is the…

New Delhi: The finance ministry is pushing ministries to integrate domestic manufacturing and procurement requirements into incentive and subsidy schemes before seeking expenditure approval, according to people familiar with the matter.It has asked administrative ministries to structure new schemes and incentive programmes for appraisal by the Expenditure Finance Committee in a way that incorporates local value addition, domestic sourcing and manufacturing-linked criteria, they said.Schemes that do not clearly define these parameters are being sent back for revision.The move indicates a sharper alignment between government spending and industrial policy objectives, with the Centre striving to ensure that subsidy outlays boost domestic…

New Delhi: The nation’s telecom subscriber base grew by a net 6.96 million users in April, driven by strong wireless additions and growth in broadband users, data released by the Telecom Regulatory Authority of India (Trai) on Tuesday showed.Total telephone subscribers rose to 1.34 billion, with wireless subscribers accounting for most of the growth. Wireless users increased by a net 6.17 million to 1.27 billion by the end of April, while wireline subscribers grew by 0.33 million, showed Trai data.Bharti Airtel added the highest number of users during the month at 3.13 million, followed by Reliance Jio with 2.94 million…

The U.S. Space Force on Tuesday awarded SpaceX a new, pricy satellite contract, further tying the company to its biggest customer. Source link

India’s new Index of Industrial Production (IIP) will track 120 new items such as magnetic stripe cards including debit and credit cards, CCTV cameras, non-woven textile products, aircraft and spacecraft parts, stents, and vaccines.The base year of IIP is being shifted to 2022-23 from 2011-12, with the revised series scheduled to be released on June 1.The new framework broadens coverage to include sectors such as minor minerals, rare earth minerals and gas supply. It also enables detailed tracking of industrial activity by introducing separate indices for renewable and non-renewable electricity generation.At the same time, 64 item groups have been removed…

After the nationwide average of fuel prices increased significantly due to the war in Iran, U.S. lawmakers are grappling with its effects on aviation fuel ahead of approval for fiscal year 2027’s National Defense Authorization Act request.A portion of the U.S. Air Force’s budget is set aside for the purchase of aviation fuel based on a predicted fuel price and an increase in flying hours for fiscal 2027, but that cost was estimated and submitted in their budget request before the war began, Sen. Tim Kaine, D-Va., said on Thursday at a Senate Committee on Armed Services hearing.“My understanding is…

NEW DELHI: After struggling for three years, acid attack survivor, 28-year-old Reshma Qureshi, has finally won a hard-fought battle to get the authorities to conduct a reassessment of her disability, taking into account the damage caused by the lethal acid thrown at her more than 12 years ago by her brother-in-law during an ongoing marital dispute with his wife.A struggle that started in 2023 after her disability was assessed as “low vision” ended in vindication last week, when a medical board, in compliance with Delhi HC’s orders, assessed her on May 19. She finally received her unique disability ID card,…

NEWYou can now listen to Fox News articles! Investigators are revealing more to the story in a tragic case where an elderly couple — linked to a Tom Selleck romance scam — were found dead in their California home.The Riverside County Sheriff’s Office said the deaths of 80-year-old Donald Whitaker and 79-year-old Karen Whitaker on May 15 are being investigated as a murder-suicide.Deputies say Karen Whitaker was a victim of financial elder abuse.FOLLOW THE FOX TRUE CRIME TEAM ON X Karen Whitaker was a volunteer within the East Valley Republican Women Patriots in California. (Joy Miedecke)A close friend to the…

2 min readNew DelhiMay 26, 2026 12:44 PM IST The Reserve Bank of India (RBI) has released the result for the RBI Assistant 2026 preliminary examination conducted on April 11, 13 and 30, 2026. Candidates who appeared for the examination can now check their results and the qualifying status by visiting the official website at rbi.org.in. The result released on May 25 includes the roll number of the candidates provisionally shortlisted for the subsequent stage of the recruitment process. Candidates who have qualified for the Prelims examination will be eligible to appear for the Mains examination scheduled on June 7.…

A major WWE star claimed that Danhausen was ruining his life. The popular star debuted for the promotion at Elimination Chamber 2026 earlier this year. The Miz is in a heated rivalry with the former AEW star, and it has led to his favorite basketball team being cursed. The A-Lister is a fan of the Cleveland Cavaliers, who were just swept out of the playoffs by the New York Knicks. Thanks for the submission! ESPN aired a video package of Danhausen cursing the Cavaliers, and The Miz reacted by suggesting that the 35-year-old was ruining his life. The Miz also…