EPFO Credits 8.25% FY26 Interest to 34 Crore Accounts Employees’ Provident Fund Organisation members can now check whether the annual interest for the financial year 2025-26 has been added to their provident fund accounts. EPFO has reportedly completed the credit of 8.25% interest to about 34 crore member accounts by July 15, marking one of the organisation’s fastest annual interest-processing exercises. The deve

A magnitude 6.2 Afghanistan earthquake sent tremors across Delhi, Jammu and Kashmir, and other parts of northern India on Saturday, June 27, 2026. No deaths, injuries or property damage had been reported in the initial information available after the quake. 6.2 Afghanistan earthquake sends tremors across Delhi India’s National Centre for Seismology said the earthquake occurred at 7:04:51 p.m. IST on Saturday, Jun

A Chinese reusable spacecraft linked to the Shenlong program has triggered fresh global scrutiny after tracking data showed a separate object appearing in close proximity during its latest orbital phase. The event, observed in June 2026, has added new uncertainty around the nature of China’s secretive spaceplane operations. Tracking data reveals unexpected separation in orbit Independent space surveillance firm LeoLabs reported detection of a new object near the Shenlong spacecraft during routine orbital monitoring. The timing and proximity suggested a possible release or separation event from the main vehicle. The object was later incorporated into the US Space Force satellite catalog, allowing continued tracking through global space surveillance networks. What the Shenlong spaceplane is designed for Shenlong spaceplane is China’s experimental reusable orbital vehicle designed to launch via rocket and return to Earth like a conventional aircraft. The system is believed to support long-duration missions involving orbital testing, reconnaissance experiments, and reusable spacecraft technologies. It is often compared to the US X-37B program due to its similar operational profile and secrecy surrounding mission objectives. Launch background and mission profile The spacecraft associated with this mission was launched from the Jiuquan Satellite Launch Center aboard a Long March 2F rocket. Since launch, Chinese authorities have released minimal operational details, leaving external analysts to rely heavily on radar tracking, orbital behavior, and third-party observations to interpret mission activity. Why the object detection raised questions The appearance of a separate object in close orbital proximity has led analysts to consider several possibilities, including experimental deployment, satellite servicing tests, or controlled separation of hardware. While none of these scenarios have been confirmed, the pattern aligns with rendezvous and proximity operations (RPO), a capability used for inspecting or interacting with objects in space. Strategic implications and global monitoring The development is being closely monitored because RPO technology has dual-use applications. It can support peaceful maintenance missions but also enable advanced surveillance or counter-space capabilities. As a result, both US and international tracking systems continue to observe Shenlong missions for behavioral patterns that may indicate evolving strategic capabilities. Ongoing uncertainty around mission details Despite growing external analysis, no official clarification has been issued regarding the nature of the detected object. This lack of transparency keeps the mission under active observation, with each new orbital event contributing to broader assessments of China’s reusable spacecraft program and its long-term strategic direction.

The United States is stepping up its focus on quantum computing as governments and private companies race to control the next major shift in computing power. The strategy combines research funding, national security planning, and stronger digital defense systems designed to prepare for future computational threats. Rather than treating quantum computing as a distant research topic, policymakers are now positioning it as a strategic infrastructure priority. The direction signals a broader effort to maintain technological leadership in areas where classical computing is approaching its limits. Big tech and government alignment Federal agencies are increasingly coordinating with major technology companies including IBM, Microsoft, and Google, all of which are actively building experimental quantum systems. These companies are exploring how quantum processors could eventually solve complex optimization, material science, and cryptography-related problems that are currently impractical for classical machines. The collaboration is not just scientific. It reflects a competitive global environment where control over advanced computing could influence national security, economic strength, and cybersecurity resilience. Why qubits change the computing model Unlike traditional computers that process data in binary form, quantum systems rely on qubits. These units can exist in multiple states simultaneously, enabling different types of computation through principles such as superposition and entanglement. In theory, this allows quantum systems to evaluate a vast number of possibilities at once. However, real-world systems remain extremely fragile, expensive, and difficult to scale. Most current machines operate in controlled laboratory environments rather than practical deployment settings. Cybersecurity pressure is rising One of the biggest drivers behind quantum investment is its impact on encryption. Modern security systems depend on mathematical problems that are extremely difficult for classical computers to solve. Quantum algorithms, in the long term, could potentially break some of these systems. This risk is pushing governments toward post-quantum cryptography standards developed by research bodies such as NIST. These new encryption models are designed to remain secure even against quantum-level computational attacks. Long road to practical systems Despite rapid progress, fully functional large-scale quantum computers are still years away. Challenges include error correction, stability, and hardware scaling. Researchers agree that meaningful commercial use is still in early stages. Even so, the strategic push continues because early leadership in quantum infrastructure could determine future advantages in defense, intelligence, and advanced science applications. The current phase is less about immediate transformation and more about positioning for a technological shift that could redefine computing over the next decade.

Continuous and intense rainfall across China’s Guangdong province has led to widespread flooding concerns, pushing authorities to move more than 37,600 residents from vulnerable zones. Low-lying districts and river-adjacent communities have been hit hardest as water levels rose rapidly after days of persistent downpours. Emergency management teams report that flood control mechanisms have been activated across multiple counties, with local authorities shifting into heightened aler

Iran Players Commemorate Minab Tragedy Iran's World Cup team made headlines upon arrival in Tijuana, Mexico, when players were seen wearing gold-colored lapel pins marked with the number "168." The pins were a solemn tribute to the 168 children killed at the Shajareh Tayyebeh girls' primary school in Minab, following US and Israeli strikes on February 28, 2026. Images of the team were shared by Iran’s emba

US-Cuba Talks at Guantanamo Bay Senior military officials from the United States and Cuba met on Friday, May 29, at the Guantanamo Bay naval base, amid ongoing political tensions between Washington and Havana. The meeting involved U.S. General Francis Donovan and Cuban General Roberto Legra Sotolongo, focusing on operational security matters. A photograph released by the U.S. Southern Command showed the two

A Stafford County I-95 bus crash killed five people and injured dozens after a charter bus struck multiple vehicles near Quantico, Virginia, early Friday, May 29, 2026. Virginia State Police said the crash happened at about 2:35 AM EDT in the southbound lanes of Interstate 95 near mile marker 146, roughly two miles south of the Quantico exit, as traffic was slowing for a work zone. Stafford County I-95 bus crash happened near Quantico wo

The AI jobs apocalypse many workers feared may not be unfolding as quickly as expected, according to OpenAI CEO Sam Altman. Speaking virtually at a Commonwealth Bank of Australia conference in Sydney on Tuesday, May 26, 2026, Altman said artificial intelligence has not eliminated as many white-collar jobs as he once feared, especially in entry-level roles. AI Jobs Apocalypse Fears May Be Overstated Altman said

U.S. quantum grants stocks moved higher after federal officials announced planned CHIPS Act incentives for nine companies working on quantum computing hardware and manufacturing. The U.S. Department of Commerce announced on Thursday, May 21, 2026, that it had signed letters of intent for $2.013 billion in planned federal incentives under the CHIPS and Science Act. The funding is intended to accelerate U.S. leadership in quantum comp

A Vilnius shelter alert was issued in Lithuania after military officials detected drone activity near the country’s border with Belarus, raising fresh security concerns on NATO’s eastern flank. Residents in the Vilnius region were told to move to shelters or safe locations as authorities assessed the possible threat. Airspace over Vilnius Airport was temporarily closed, and Lithuania’s president, Gitanas Nauseda, and Prime Minister Inga Ruginiene were moved to

Bay Area billionaires remain heavily represented among the world’s richest people, with Larry Page, Sergey Brin, Mark Zuckerberg and Jensen Huang listed among the global top 10. The concentration highlights Silicon Valley’s continued influence over artificial intelligence, digital advertising, social media, cloud computing and semiconductor technology. Larry Page Leads Bay Area Wealth Rankings Google co-founder Larry Page, who resides in Pa

Nvidia CEO Jensen Huang joined President Donald Trump’s China trip on Wednesday, May 13, 2026, as AI chip exports and market access moved to the center of U.S.-China talks. His presence matters because Nvidia’s powerful GPUs sit at the heart of AI development, while U.S. export controls have limited high-end chip sales to China. Why Huang’s Role Matters Huang was added after earlier indications he was not in the U.S. business delegation,

President Donald Trump is scheduled to arrive in Beijing on Wednesday, May 13, 2026, for high-level talks with Chinese President Xi Jinping as tensions over Iran, oil trade and regional stability continue to grow.

UAE exits OPEC and reshapes global oil and currency dynamics The decision by the United Arab Emirates to exit OPEC and OPEC+ marks a major shift in global energy markets. This move could increase oil price volatility, weaken OPEC’s control, and challenge the dominance of the US dollar in global oil trade. The timing is critical, coming amid rising oil prices, a growing dollar shortage in Gulf countries, and escalating tensions around the Strait of Hormuz. What does thi

N. Chandrababu Naidu, Chief Minister of Andhra Pradesh, is set to mark a major milestone in India’s deep tech journey by launching the country’s first indigenous quantum computing testbeds in Amaravati. The landmark initiative aligns with the vision of transforming the capital region into a globally recognized “Quantum Valley” and coincides with the celebration of World Quantum Day. The advanced quantum testbed facility, establishe

WASHINGTON — The Federal Bureau of Investigation is preparing to assign additional agents to Washington, D.C., as part of an ongoing federal effort aimed at reducing violent crime across the nation’s capital. Officials say the move will strengthen the work already being carried out by the D.C. Safe and Beautiful Task Force, a collaborative initiative involving federal and local law enforcement agencies. According to an FBI spokesperson, a small group of newly trained agents grad

​Israel’s Ambassador to India, Reuven Azar, on Monday expressed enthusiasm ahead of Prime Minister Narendra Modi’s upcoming visit, describing it as a significant step forward in strengthening India-Israel relations. The visit, scheduled for February 25, is expected to accelerate cooperation across defence, technology, and economic sectors, reflecting the growing depth of the strategic partnership between the two nations. In a video message shared on social media, Azar said Israel was l

Amid continuing global economic uncertainty and renewed debate over the stability of major reserve currencies, Chinese President Xi Jinping has reiterated China’s ambition to build a “strong currency” and gradually elevate the yuan’s status in the global financial system. Xi said China aims to expand the use of the yuan in international trade, investment, and foreign exchange markets, underscoring a long-standing policy goal to strengthen the country’s financial influence worldwide. Xi’s remarks were outlined in a speech delivered in 2024 to senior provincial and ministerial officials and later published on Saturday in Qiushi, the Communist Party’s leading theoretical journal. The publication of excerpts from the address comes at a time of heightened volatility in global markets and growing scrutiny of the dominance of the US dollar, adding significance to Beijing’s renewed emphasis on currency strength and financial resilience. In the speech, Xi set out what he described as the essential characteristics of a global financial powerhouse. These included a solid economic foundation, world-leading technological and industrial capabilities, and a widely accepted and credible currency. He argued that currency strength was inseparable from broader national competitiveness and institutional capacity, noting that financial influence must be supported by real economic and technological power rather than short-term market movements. Xi also stressed the importance of a capable and independent central bank able to implement effective monetary policy and macroprudential management. He said globally competitive financial institutions, along with influential international financial centres, were necessary to attract global capital and exert pricing power in international markets. According to Xi, these elements must be matched with strong regulation, a reliable legal framework, and a deep pool of skilled financial professionals to ensure long-term stability and credibility. While acknowledging China’s scale in global finance, Xi noted that the country still faced structural limitations. He said China ranked among the world’s largest economies in terms of banking assets, foreign exchange reserves, and capital market size, but remained “big but not strong” overall. Transforming China into a true global financial powerhouse, he added, would be a gradual and long-term undertaking rather than an immediate achievement. Beijing has promoted the internationalisation of the yuan for more than a decade, with measurable progress in its use for cross-border trade settlement. The currency’s role in global markets, however, remains limited when compared with established reserve currencies. China’s Cross-Border Interbank Payment System currently clears an average of about 700 billion yuan, or roughly 100 billion US dollars, in transactions each day. This figure remains well below the nearly 2 trillion US dollars cleared daily through the dollar-based Clearing House Interbank Payments System. Yuan-denominated debt issuance in international markets also accounts for a small share of global activity, representing less than one percent of total issuance. These figures highlight the gap between China’s ambitions and the yuan’s current global footprint, despite steady domestic financial expansion. In recent months, the yuan has generally held firm against the US dollar, even amid trade tensions and uneven global growth. This stability contrasts with the sharper depreciation seen during former US President Donald Trump’s first term, when market observers speculated that Chinese authorities tolerated a weaker currency to offset the impact of tariffs. International investment banks continue to argue that the yuan remains below its long-term fair value, reflecting both policy controls and cautious foreign investor sentiment. The republication of Xi’s speech signals continuity in China’s financial strategy rather than a sudden shift. As global markets navigate uncertainty and reassess existing monetary structures, Beijing appears intent on steadily advancing its vision of a stronger yuan and a more influential role in the international financial system over the long term.

At least 11 people were killed and 12 others seriously injured following an armed attack at a football field in the central Mexican state of Guanajuato, according to local authorities. The shooting occurred in the municipality of Salamanca, where gunmen opened fire on people gathered at the sports facility, triggering a large-scale security response. Municipal officials confirmed that 10 victims died at the scene, while another person later succumbed to injuries after being transpor