OPERATIONS
HSBC weighs greater Singapore autonomy to lessen China reliance
In a strategic pivot, HSBC plans to reduce its dependency on China by intensifying its activities in Singapore. The bank intends to consolidate its operations within the city-state to simplify its structure. This decision reflects HSBC's ambition to grow its wealth management services in Asia, with Singapore's political stability bolstering its role as a significant banking center, next to Hong Kong.
Palantir’s software powers Trump’s immigration operations, now CEO Alex Karp says crackdown went too far
Palantir CEO Alex Karp says the Trump administration went too far with immigration enforcement, despite his company's technology supporting its deportation operations. After Democrats’ midterm victories, Karp has also described himself as a lifelong Democrat and left open the possibility of backing a Democratic presidential candidate in the 2028 election.
Two SPOs go missing in J&K's Kishtwar; massive search operation launched
Two Special Police Officers from Kishtwar district disappeared while traveling to an Army post, prompting serious concerns. After their phones became unreachable, security forces initiated a substantial search operation in the area. The missing personnel's identities have been confirmed as Babi Chand and Rashpal Kumar, raising worries about their safety. Kishtwar has encountered numerous terrorist activities, urging the local administration to call for public cooperation.
Air India makes tangible progress in transformation, but turnaround will take time: Singapore Airlines
Air India is making progress in its multi-year transformation, focusing on customer experience and operational improvements. Singapore Airlines reported lower losses from associated companies, primarily Air India, aiding financial performance. The airline group faced challenges due to elevated jet fuel prices impacting profitability during the first half. Despite this, Singapore Airlines reported improved performance in the second quarter amid record revenues.
Who is Joon H. Kim? Meet the former US Attorney leading the Nvidia-Jensen Huang investigation
Nvidia's CEO Jensen Huang confirmed his extramarital relationship, prompting the board to initiate an investigation. This inquiry is centered on his ties with Alice Huang, a Chinese national allegedly involved in intelligence operations. Joon H. Kim, a former acting U.S. attorney, will oversee the probe. In parallel, Nvidia faces a lawsuit alleging they misled investors about this relationship, while concerns about China's access to their technology amid U.S.
Ireland mounts its biggest security operation for European summits
Ireland is implementing its largest-ever security operation as around 50 European leaders convene in Dublin this week. Growing concerns over hybrid attacks have prompted heightened vigilance and extensive preparations by the police. Many bomb threats in recent days have caused disruptions across Europe and targeted various institutions in Ireland. Specialist units, supported by military forces, will ensure safety during the significant political gatherings.
Spain demands that TikTok suspend operations until child sexual abuse material gone
Spain's government has demanded that TikTok suspend its operations in Spain until it eliminates child sexual abuse material, it said on Tuesday, after a media report documented 1,183 explicit posts on the platform with millions of views.
OpenAI posts steep losses even as quarterly revenue rises to $10 billion, WSJ reports
OpenAI reported a quarterly revenue rise of approximately 50% to reach $10 billion in the third quarter. Despite this revenue growth, the company faced significant operating losses, which expanded to $10.9 billion. Investors are closely examining the finances of AI companies, including rivals like Anthropic, which is preparing for its IPO. The strong investor interest in AI persists despite ongoing profitability concerns in the sector.
Still possible chipmaker Nexperia could reunite with Chinese operations, CEO says
If the split becomes permanent, however, Nexperia's Chinese parent Wingtech Technology should be compensated, interim CEO Stefan Tilger said in an interview on the sidelines of the electronica 2026 conference in Munich.
Indira had tears in eyes while watching Operation Blue Star aftermath footage: Sonia Gandhi
Sonia Gandhi shares insights from her memoir on her mother-in-law Indira Gandhi's feelings during Operation Blue Star. Indira was deeply affected by the violence and loss of life resulting from the siege at the Golden Temple. Despite her attempts to negotiate, Indira ordered military action when faced with an impending declaration of Khalistan. The operation resulted in considerable destruction and angered the Sikh community, leading to significant challenges for Indira.
RBI extends supersession of Abhyudaya Co-operative Bank Board for one more year
The Reserve Bank of India has extended the supersession of the Board of Directors of Abhyudaya Co-operative Bank. This extension will be effective until November 24, 2025, continuing a period of oversight. The RBI aims to address governance standards that raised material concerns regarding the bank's operations. Satya Prakash Pathak remains the Administrator, overseeing the bank's management during this time.
Nvidia board probes whether CEO Jensen Huang was targeted in Chinese intelligence operation
Nvidia's board has launched an independent investigation into allegations that CEO Jensen Huang may have been targeted by a Chinese intelligence operation through former Megaspeed executive Alice Huang. The probe will assess potential exposure of confidential information and national security risks amid escalating US-China technology tensions. Nvidia says it has found no evidence of compromised secrets.
56% of global business leaders expect disruptions to severely hit operations: KPMG
A recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations. The report highlights increasing risk exposure, with 70 percent of leaders noting escalated risks in recent years.
56% of global business leaders expect disruptions to severely hit operations: KPMG
A recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations. The report highlights increasing risk exposure, with 70 percent of leaders noting escalated risks in recent years. Technology disruption and geopolitical tensions are identified as primary concerns for the near future. Companies are prioritizing AI and predictive analytics to enhance supply chain resilience and managing risks.
Warfare now extends beyond borders to cyberattacks, drone swarms and information operations: Rajnath Singh
Defence Minister Rajnath Singh addressed the Indian Air Force personnel at Bagdogra airfield recently. He highlighted the complexities of modern warfare, which now includes cyberattacks and information operations. Singh warned that adversaries exploit vulnerabilities without direct conflict and spread misleading information via social media. He urged soldiers to maintain vigilance against emerging threats while emphasizing the importance of discipline and conduct.
Government plans to empower TRAI to penalise telecom operators flouting rules
The government is addressing issues related to Trai's authority to penalise telecom operators for violating rules. Complaints about pesky calls and SMS have surged, reaching over 20.75 lakh in just the first half of this year. Although complaints have increased significantly, disconnections of telecom resources misused for such communications have decreased. Meanwhile, the number of blacklisted entities involved in this issue has risen continuously over the last few years.
Sugar production rises to 12.85 lakh tonnes, 184 mills begin operations: ISMA
Sugar production during the current season has reached 12.85 lakh tonnes, against 3.20 lakh tonnes produced by the corresponding date last year.
South Korea to expand anti-piracy unit operations closer to Strait of Hormuz
South Korea is planning to broaden the operational area of its Cheonghae unit in the Middle East. Following pressure from Donald Trump, the government aims to submit a parliamentary motion for an extended deployment. The operations will include waters near Oman’s Duqm port, significantly closer to the Strait of Hormuz. Additionally, the country will deploy a P-8A maritime patrol aircraft and increase personnel.
CRPF goes a year without losing personnel in operations for first time in 47 years
The CRPF has completed 12 consecutive months without an operational fatality for the first time in 47 years, with its last such casualty reported on October 30, 2025. The force attributed the milestone to improved equipment, training, strategic planning and faster medical evacuation of injured personnel.
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