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Amazon Founder Calls AI Pessimism Wrong, Blames "Smart" People

Artificial Intelligence
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • Jeff Bezos said AI will reduce some jobs but create more and boost productivity
  • Over 50% of Americans fear AI could cause job losses in their families, per Reuters poll
  • AI has led to a 35% drop in entry-level job postings, says report by Revelio Labs and WEF
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'Significant Progress, Probe On': Investigator Year After Air India Crash

All India
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • The AAIB has made significant progress in probing the AI-171 crash in Ahmedabad
  • The investigation covered technical and operational factors related to the accident
  • 241 of the 242 people on board and 19 others on the ground died in the accident
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Battle For Steel: Why ArcelorMittal Is In The Eye Of Storm In France

Business News
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • French National Assembly voted twice to nationalise ArcelorMittal’s French operations to protect jobs
  • The proposal faces opposition from the French government and ArcelorMittal citing economic challenges
  • Supporters the need for state-led green investments in decarbonising the industry
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'Europe's Weapons Used To Attack India': S Jaishankar On Double Standards

World
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • External Affairs Minister S Jaishankar criticised European nations for 'moral ambiguity' over arms sales
  • Jaishankar said Europe sells weapons that are used against India, while India has never harmed Europe
  • He clarified that India buys Russian oil based on cost and availability and to help stabilise the oil market
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'Worst May Be Behind Us': Chief Economic Adviser On US-Iran Conflict's Effects

All India
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • India's domestic demand remains strong despite Middle East conflict impact, says CEA V Anantha Nageswaran
  • Nominal GDP growth expected to reach 12%, surpassing the budget estimate of 10.1%
  • Higher nominal GDP base may offset revenue declines from economic uncertainties
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'Have Magic Number, 6-7 Left With Mamata Banerjee': Rebel Trinamool MP

All India
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • The Mamata Banerjee-led Trinamool is facing an existential crisis and it shows no signs of abating
  • Satabdi Roy, 56, did not rule out the possibility of Mamata Banerjee losing her party
  • "20 people are against her in parliament. Only 6 to 7 people are left with her," Roy claimed
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Terrorists Treated Like Sons-In-Law, Civilians Killed In PoK: Ex-J&K Top Cop

All India
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • Former J&K top cop SP Vaid criticised Pakistan's policy in PoK
  • He said terrorists Hafiz Saeed and Masood Azhar receive VIP treatment while civilians are killed
  • The former top cop also alleged large-scale human rights violations in the region.
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El Nino Conditions To Intensify During Southwest Monsoon: Weather Office

All India
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • El Nino conditions are present over the equatorial Pacific Ocean currently
  • These conditions are expected to strengthen during the southwest monsoon season
  • The coupled ocean-atmosphere system shows characteristics consistent with El Nino
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Death Count In PoK Protest Rises To 20: Report

World
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • Deaths from clashes in Pakistan-occupied Kashmir rise to 20, per official figures
  • Joint Awami Action Committee protests continue despite being banned last week
  • Seven people died in Kotli during clashes, says local higher education minister
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AI171 Final Crash Report To Be Out Soon, Says AAIB; 'Purpose Not To Apportion Blame'

India
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • The AAIB will release the final Air India AI171 crash report after all investigations finish
  • Significant progress made examining aircraft systems, flight data, engine, and maintenance records
  • The investigation aims to identify safety lessons, not to assign blame or liability
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British Artist David Hockney Dies At London Home, Weeks Before 89th Birthday

Hollywood
 Updated: Jun 12, 2026
Summary is AI-generated, newsroom-reviewed
  • David Hockney has died at the age of 88.
  • Regarded as one of the most influential and defining painters in contemporary art, he reportedly breathed his last at his home in London on Thursday.
  • The cause of death was not immediately known
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