Severe Storms Leave 9,000 Properties Without Power in Australia’s Outback

Thousands of residents in Australia’s Outback could remain without electricity for up to four days after powerful thunderstorms damaged powerlines, roads and buildings across the Northern Territory. Around 9,000 properties were left without power after the sudden storms swept through Alice Springs and nearby areas.

The storms developed on Monday afternoon, bringing heavy rain, hail and wind gusts approaching 100 kilometres per hour, according to the Australian Bureau of Meteorology. Authorities have warned of further thunderstorms, raising concerns about additional damage and disruption.

Severe Thunderstorms Damage Infrastructure in Alice Springs

The Bureau of Meteorology said a low-pressure trough coincided with a warm, unstable air mass over Central Australia, triggering severe thunderstorms.

Although the weather event was brief, its impact was widespread. Trees fell across roads, powerlines and rooftops, damaging infrastructure in Alice Springs and surrounding communities.

Northern Territory Minister for Logistics and Infrastructure Bill Yan warned that the extent of the damage could leave some communities without electricity for up to four days.

Yan and Northern Territory Chief Minister Lia Finocchiaro said emergency crews would be sent from Darwin to assist with the cleanup and electricity restoration, according to Xinhua news agency.

Authorities have urged residents to stay away from fallen trees, damaged structures and downed powerlines.

“The damage is significant but thank goodness there are no injuries reported,” Yan said.

“We want to keep it that way. We need people to stay safe with powerlines and trees down all over town.”

The Bureau of Meteorology also warned that similar storm cells could develop on Tuesday afternoon and evening, creating the possibility of further disruption across the region.

South Australia Also Hit by Damaging Storms

The damage in the Northern Territory followed severe thunderstorms in South Australia on Sunday, which left thousands of homes without electricity and prompted more than 100 calls for assistance to emergency services.

The storms moved across large parts of the state before reaching Adelaide on Sunday night. They brought damaging hailstones and strong winds that uprooted trees and affected local infrastructure.

The State Emergency Service reported on Monday that it had received more than 100 calls for assistance since Sunday afternoon, with most incidents involving fallen trees.

More than 7,000 electricity customers across South Australia were affected by outages on Sunday afternoon.

SA Power Networks reported 15 outages affecting 1,872 customers as of Monday afternoon. The largest outage, which affected 966 customers southeast of Adelaide, was not expected to be resolved until Monday night.

The consecutive weather events have disrupted electricity supplies and damaged infrastructure across the two states, placing emergency response teams under pressure as they work to clear debris and restore services.

Residents in affected areas have been advised to monitor official weather warnings, avoid damaged powerlines and keep away from trees that may have become unstable following the storms.


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Zoho Freezes Annual Pay Hikes as AI Costs Surge, Says Sridhar Vembu

Zoho has put its usual annual salary increases on hold and reduced marketing expenditure as rising artificial intelligence (AI) infrastructure costs put pressure on the company’s finances. Zoho Chief Scientist and co-founder Sridhar Vembu announced the measures on Tuesday, citing higher server prices, growing AI usage and uncertainty in the software industry.

Vembu said server prices for data centres had increased fourfold, adding to the financial burden of expanding AI capabilities. The company is now looking to control spending while navigating an uncertain geopolitical and economic environment.

Zoho Cuts Spending to Manage Rising AI Infrastructure Costs

In a post on X, Vembu said the company had reduced its marketing budget and informed employees that it would not be able to provide its usual annual pay increases this year.

“We have cut down on our marketing budget. We have also told our employees that we cannot have our usual pay increase this year. I have apologized for not being able to avoid this,” Vembu wrote.

He also raised concerns about the outlook for employment across the software industry, while stating that Zoho would make efforts to avoid large-scale layoffs.

“We will work hard to avoid mass layoffs but outlook for software jobs in general is grim. We have not been growing our employee count for 18 months now,” he said.

Vembu added that most employees had understood the company’s position and expressed gratitude for their support during the difficult period.

The co-founder said Zoho was undergoing a process of reinvention, with the next three to five years expected to determine the outcome of its efforts.

“We are in middle of reinventing ourselves. Next 3-5 years will decide how our reinvention has worked. Please pray for us,” Vembu said.

The announcement highlights the financial challenges technology companies face as they expand their AI capabilities. Investment in computing infrastructure, servers and data centres can increase operating expenses, forcing businesses to reassess spending priorities as they adapt to changing market conditions.

For Zoho, the immediate response involves reducing discretionary expenditure and suspending regular salary increases while the company works on its longer-term business strategy.

Sridhar Vembu Raises Concerns Over Technology Valuations

Vembu had also expressed concerns in May about rising valuations of major technology companies amid investor enthusiasm for artificial intelligence. He argued that some market valuations showed characteristics of a bubble that could exceed the excesses witnessed during the dot-com era.

He pointed to price-to-sales ratios among major technology firms, suggesting that their market valuations were becoming increasingly detached from underlying business fundamentals.

Among the companies he cited were Nvidia, Apple, Alphabet, Microsoft, Meta Platforms and Micron Technology, several of which were trading at elevated multiples of their annual revenues.

Vembu also referred to comments made by former Sun Microsystems chief executive Scott McNealy following the dot-com bubble’s collapse in the early 2000s.

McNealy had argued that investors paying 10 times a company’s annual revenue would need to see exceptional business performance and sustained profitability over many years to justify such valuations.

Vembu’s latest remarks shift attention from AI-related market valuations to the costs of implementing the technology. His comments also raise questions about how software companies will balance AI investment, operating expenses and employment as the industry adapts to technological change.


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PM Modi Meets Canadian Foreign Minister Anita Anand as India, Canada Push to Reset Ties

Prime Minister Narendra Modi met Canadian Foreign Minister Anita Anand in New Delhi on Wednesday as India and Canada stepped up efforts to rebuild bilateral ties, with an early trade agreement, security cooperation and energy partnerships emerging as key priorities.

The meeting comes a day after Modi held a telephone conversation with Canadian Prime Minister Mark Carney, signalling renewed high-level engagement between the two countries following a period of strained relations. Both governments are now pushing to translate diplomatic outreach into tangible economic and strategic outcomes.

Modi said the discussions covered trade, technology, security, energy, education and people-to-people exchanges, reiterating India’s commitment to a “constructive and forward-looking strategic partnership” with Canada.

“Pleased to meet Canadian Foreign Minister Anita Anand. We had a productive discussion on further strengthening India-Canada ties in trade, technology, security, energy, education and people-to-people exchanges,” Modi said in a post on X.

The Prime Minister’s Office said the two sides discussed expanding cooperation across trade, science and technology, defence, security, energy, education and multilateral engagement. Modi also stressed the need to sustain the momentum in bilateral relations and secure an early conclusion to negotiations on a Comprehensive Economic Partnership Agreement (CEPA).

India-Canada Trade Deal Targeted for Year-End

The proposed CEPA has emerged as a central pillar of the renewed diplomatic engagement, with both governments seeking to expand commercial ties amid shifting global trade conditions.

Canadian Prime Minister Mark Carney’s office said following his October 13 conversation with Modi that the leaders had reaffirmed their commitment to concluding negotiations at the earliest opportunity. The agreement is intended to support efforts to double bilateral trade by 2030.

Canada’s trade diversification strategy has added urgency to the negotiations. Ottawa is seeking to reduce its reliance on the United States amid President Donald Trump’s protectionist trade policies and expand commercial relationships with India, Europe and other markets.

Canadian Foreign Minister Anand has said the India agreement forms part of this broader strategy, with Canada aiming to conclude the pact by the end of 2026.

A Canadian trade delegation led by International Trade Minister Maninder Sidhu is also visiting India, highlighting the commercial focus of the renewed engagement. The two governments are looking to turn diplomatic progress into expanded trade, investment and business opportunities.

The potential economic stakes are substantial. According to Reuters, India-Canada bilateral trade in goods and services stood at $30.4 billion in 2025, while both countries are targeting $70 billion annually by 2030. The proposed agreement could help expand market access, although its final impact will depend on the terms negotiated and the sectors covered.

Energy cooperation is another area of growing importance. A uranium supply agreement worth C$2.6 billion, or about $1.8 billion, between Canadian company Cameco and India was signed earlier this year, providing a concrete example of cooperation between the two countries.

The discussions also cover technology, education and people-to-people exchanges, areas that could create opportunities for businesses, students and professionals on both sides.

Security Cooperation Remains Crucial to Diplomatic Reset

Despite the renewed emphasis on trade, security remains a sensitive component of India-Canada relations following the diplomatic dispute over the 2023 killing of Sikh separatist Hardeep Singh Nijjar in Canada.

The fallout from the killing placed significant strain on bilateral ties, making progress on law enforcement cooperation and national security a critical test of the diplomatic reset.

Anand met External Affairs Minister S Jaishankar on Wednesday, with both sides discussing the renewed strategic partnership, trade, investment, education, energy, defence and people-to-people exchanges.

Canada’s foreign ministry said the ministers reviewed progress under the joint roadmap launched during Anand’s first visit to India a year earlier. They also welcomed a recent bilateral security dialogue at the national security adviser level, during which officials reviewed security and law enforcement cooperation and committed to sustained engagement.

The Canadian government said the two countries also discussed regional and international developments, including the conflict in the Middle East and the war in Ukraine.

Anand has emphasised that closer engagement with India could contribute to shared economic interests and a more prosperous Indo-Pacific. For New Delhi, progress on security cooperation will be important to ensuring that the diplomatic reset extends beyond trade and commercial priorities.

The two governments have not indicated that all outstanding differences have been resolved. The renewed engagement instead points to an effort to manage sensitive issues while expanding areas of common interest.

Modi’s Expected Canada Visit Could Give Talks Fresh Momentum

The diplomatic outreach is expected to continue in the coming weeks, with Modi scheduled to visit Canada in December, according to Carney’s office.

The planned visit could provide an opportunity for the two prime ministers to review progress on the trade agreement and assess whether recent ministerial engagements have produced concrete results.

For Canada, a stronger economic relationship with India would support its efforts to diversify exports and reduce dependence on the US market. For India, closer engagement with Canada could widen opportunities in energy, technology, education, investment and trade.

The proposed CEPA will be a key measure of progress. An agreement could improve access to each other’s markets, but difficult negotiations over tariffs, market access and sector-specific interests may still determine the final outcome.

For Indian businesses, the immediate question is whether the renewed diplomatic engagement translates into predictable commercial rules and greater opportunities to export goods and services to Canada. For the Indian diaspora, developments in education, mobility and people-to-people exchanges will also be closely watched.

Modi conveyed his greetings to Carney during the meeting with Anand and said he looked forward to continuing their engagements.

The latest meetings mark a renewed push by both governments to broaden their relationship after years of tension. Whether that momentum produces a lasting reset will depend on progress in trade negotiations, sustained security cooperation and the ability of both sides to address unresolved concerns while advancing shared interests.

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