Recent Posts
US, India expanding cooperation in defence, civil nuclear sector, says senior US official
Washington: The US and India are expanding defence and civil nuclear cooperation, including the adoption of trusted AI and other emerging technologies powering the economy,…
Krutrim trims staff again, this time by another half
Artificial intelligence (AI) startup Krutrim has laid off 20-25 employees or nearly half of its workforce over the past few days in the second round…
Why Paramount paused its $111 billion Warner Bros. Discovery merger deal
Paramount has agreed to temporarily pause its $111 billion merger with Warner Bros. Discovery because it wants to move directly to a full court trial…
Nvidia to invest $5 billion in Ilya Sutskever’s AI startup
Synopsis The two companies announced the deal Monday morning without disclosing financial terms. The funding will boost SSI’s available computing resources, the companies said. The…
GST panel may consider allowing transfer of unused tax credit within corporate groups
New Delhi: A key panel under the goods and services tax (GST) council is likely to consider suggestions from the industry on transfer of unutilised…
Erratic monsoon pushes farmers towards low-water crops, vegetables
New Delhi: Erratic and below-normal rainfall is reshaping India’s kharif sowing pattern. While acreage under staples such as tur, soybean, maize and millets has declined,…
Finance Ministry imposes anti-dumping duty on low ash met coke
New Delhi: The finance ministry has imposed an anti-dumping duty of $42.95 to $128.83 per tonne on import of low ash metallurgical coke. This levy…
Will AI spending sink the S&P 500? Microsoft, Meta and Amazon earnings hold the answer
The S&P 500 could face a big drop this week if Microsoft, Amazon, and Meta report huge AI spending that shows no signs of slowing…
Govt approves RBI’s trials of ₹10, ₹20 polymer notes; no plan to replace paper currency
The Centre has approved the Reserve Bank of India’s proposal to introduce polymer banknotes in ₹10 and ₹20 denominations for field trials, but said there…
Sam Altman warns against ‘very bad’ AI monopolies as Satya Nadella makes big statement
Microsoft CEO Satya Nadella said trust in US AI technology and a strong technology ecosystem will help American AI companies stay ahead of Chinese rivals….