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OpenAI CEO Sam Altman recently said the industry has ’underestimated how much we’re going to be able to keep people at the center of everything.’
Posted in Business

Big Tech Has Suddenly Flipped on the AI Jobs Wipeout Scenario

A year ago, the message from many business leaders was that AI was going to wipe out jobs. For the past month or so, tech…

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Posted in Economy

Govt relaxes verification norms for high capacity weighing instruments

New Delhi: The government has eased the compliance requirements for standard weight verification carried out for weighing instruments having at least one tonne capacity, a…

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Rentomojo receives Sebi approval for IPO; to raise Rs 150 crore via fresh issue
Posted in Startups

Rentomojo receives Sebi approval for IPO; to raise Rs 150 crore via fresh issue

Rentomojo, the online rental and subscription platform for home furniture and appliances, has received the approval from the Securities and Exchange Board of India (Sebi)…

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Under Michael Saylor, Strategy devised the mNAV metric.
Posted in Business

Michael Saylor’s Strategy Is Trapped by Its Own Broken Bitcoin Math

Strategy, the bitcoin-hoarding company led by Chairman Michael Saylor, is caught in a math trap of its own making. Under Michael Saylor, Strategy devised the…

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EV logistics startup TOCAL raises Rs 9 cr to drive EV fleet, fulfillment expansion
Posted in Startups

EV logistics startup TOCAL raises Rs 9 cr to drive EV fleet, fulfillment expansion

Tech-enabled EV fleet and fulfillment infrastructure platform TOCAL on Monday said it has raised Rs 9 crore in a funding round led by XB Group,…

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Posted in Economy

VB-G RAM G: A potential rural income hike comes with a burden

New Delhi: The newly launched Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G), which replaces the Mahatma Gandhi National Rural Employment Guarantee…

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Global rate paths are higher
Posted in Economy

Trump’s war means higher global interest rates for years to come

Donald Trump’s war against Iran may be over, but the repercussions for global monetary policy are here to stay. With a shaky ceasefire largely holding…

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Sachin Bansal’s fintech firm Navi eyeing Rs 3,000-crore IPO by March 2027
Posted in Startups

Sachin Bansal’s fintech firm Navi eyeing Rs 3,000-crore IPO by March 2027

Fintech startup Navi Ltd, cofounded by Flipkart cofounder Sachin Bansal, is preparing to file for an initial public offering (IPO) by the March quarter of…

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Posted in Economy

India and Russia set $50 billion investment target by 2030

New Delhi: Amid growing momentum in their economic partnership, India and Russia are aiming to achieve $50 billion in mutual investments by 2030 through joint…

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Posted in Economy

Concerns rise over low procurement for onion buffer stock

Pune: The government has bought less than 5% of the targeted 200,000 tonnes of onions for its buffer stock despite raising procurement prices five times…

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