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Skyroot Aerospace, which is gearing up to launch India’s first private orbital rocket Vikram-1 into space, has become India’s first spacetech unicorn, with its latest funding round of around $60 million (Rs 568 crore) for a valuation of $1.1 billion.With its second pre-series C funding round, Skyroot also becomes Hyderabad’s second true blue unicorn after HR tech startup Darwinbox, which achieved this status in early 2022.
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Twenty people, nine of them from Singapore, were reported missing on Friday (May 8) after Mount Dukono on Indonesia’s eastern Halmahera island erupted, spewing a smoke cloud some 10km into the air.
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Countries worldwide sought to prevent the further spread of the hantavirus on Thursday, after an outbreak on a cruise ship, by tracking those who had disembarked before the virus was detected and anyone who had close contact with them since.
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The European Union has until 4 July to fully implement its trade deal with the United States or face ’’much higher tariffs’’, US President Donald Trump said on Thursday after a phone call with European Commission President Ursula von der Leyen.
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An Israeli air strike has killed the son of Hamas’ chief negotiator in U.S.-mediated talks over Gaza’s future, a senior Hamas official said on Thursday, as leaders of the militant group held talks in Cairo aimed at safeguarding their truce with Israel.
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Indian banks are sufficiently capitalised to transition to the expected credit loss (ECL) framework, which has now been finalised by the Reserve Bank of India, Fitch Ratings said on Thursday.
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India’s cabinet on Tuesday approved a new emergency credit guarantee programme worth 181 billion rupees ($1.9 billion) to support businesses - particularly small firms - facing short-term liquidity stress linked to the Middle East crisis, the information minister said after a cabinet meeting.
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Romanian lawmakers toppled the pro-European Government of prime minister Ilie Bolojan in a no-confidence vote on Tuesday, putting at risk the country’s sovereign debt ratings, its access to EU funds and the stability of its currency.
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In May 2025, a brief but intense military confrontation between India and Pakistan unfolded over four days, triggered by India’s Operation Sindoor, a series of precision strikes on terrorist infrastructure in response to the April 22 Pahalgam terror attack that claimed 26 civilian lives
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Mamata Banerjee on Tuesday said she will not resign as West Bengal Chief Minister, asserting that she does not accept the election outcome as a legitimate defeat and will continue her political fight despite the setback.
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Washington said Iran had not breached a fragile ceasefire in the Middle East conflict on Tuesday, following an exchange of fire between the two sides the previous day as U.S. forces attempted to force open the Strait of Hormuz.
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Some human-to-human transmission may have occurred on board the cruise ship hit by a hantavirus outbreak that has left three people dead and several others ill, the World Health Organization (WHO) said Tuesday.
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The Chinese captain of a seized oil tanker with suspected Russian links has been placed under arrest on suspicion of carrying false documents and of violating laws on seaworthiness, a Swedish prosecutor said on Monday.
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A Boeing 737 plane that plummeted into a Chinese hillside in 2022, killing all 132 people on board, had its fuel supply cut mid-flight, according to newly released data by the US National Transportation Safety Board (NTSB).