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TechnologyPhoto: ET MarketsBank of America Global Research estimates that global data centre spending will reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028. The surge is driven by increasing demand for AI services, with the data centre market projected to hit $2.93 trillion by 2030 due to rapid infrastructure growth fueled by AI.
ET Markets·
PoliticsPhoto: Firstpost WorldUS President Donald Trump has dismissed a Vanity Fair report as "totally false" regarding allegations about his son-in-law Jared Kushner's financial dealings in West Asia. The report, based on Matthew Cole's upcoming book, claims Kushner's phone was hacked revealing secret bank accounts with about $700 million in foreign transactions linked to a UAE charity. The funds allegedly served as a foreign policy slush fund and financed covert UAE intelligence and weapons programs.
Firstpost World·
PoliticsPhoto: The HinduAmberpet police arrested three men—Sai Kiran, Aravind Prasad, and S. Murali—for allegedly stealing two-wheelers in Amberpet. The investigation began after a Pulsar motorcycle was reported stolen on October 12 from New Patel Nagar. Police linked the suspects to multiple thefts, including another motorcycle theft under Uppal police limits. The accused targeted vehicles parked in public and residential areas.
The Hindu··Hyderabad
BusinessPhoto: Economic TimesAirlines at Mumbai airport have opposed unilateral reductions in flight slots planned for summer 2027. They demand detailed data on airport capacity and Terminal 1 redevelopment before any changes. The Airport Operators Committee insists on compliance with guidelines and clear reasons for slot changes. Terminal 1 currently handles under 10 million passengers annually, while Terminal 2's capacity is set to increase.
Economic Times··Mumbai
WorldPhoto: Hindu WorldUkrainian police detained a 17-year-old girl suspected of aiding Russian security services by sending poison to Ukrainian soldiers via Telegram. Two soldiers reportedly died after receiving the deadly drugs. Both Ukraine and Russia have accused each other of recruiting minors for sabotage, including poisoning, during their ongoing war since 2022.
Hindu World··Kyiv
PoliticsPhoto: Amar UjalaUnion Minister Ashwini Vaishnaw stated that the government plans to start a consultation process in the coming weeks to draft a law on artificial intelligence (AI). He emphasized the need for top AI companies to collaborate on fundamental principles and highlighted risks requiring new regulations. Separately, immigration officials at Chennai airport removed Archana Veermani, daughter of jailed granite trader R Veermani, from a Singapore-bound flight following a POCSO case investigation by a special SIT.
Amar Ujala··Chennai
ET Markets·
Photo: ET MarketsBank of America Global Research estimates that global data centre spending will reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028. The surge is driven by increasing demand for AI services, with the data centre market projected to hit $2.93 trillion by 2030 due to rapid infrastructure growth fueled by AI.
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