Recent Posts

India startup aims to compete with OpenAI in crowded voice arena
Posted in Startups

India startup aims to compete with OpenAI in crowded voice arena

A Bangalore-based startup has entered the crowded race to build artificial voices that sound human, with an AI model that garners high scores versus systems…

Continue Reading
US Treasury doubles debt buybacks to support the bond market as Treasury yields surge, while investors watch inflation, deficits and Fed policy. (Photographer: Daniel Heuer/Bloomberg) (Bloomberg)
Posted in Business

US Treasury doubles debt buybacks to support bond market as yields surge: What it means

The US Treasury Department said on Wednesday that it will more than double the size of its government debt buybacks. The move comes as the…

Continue Reading
FILE PHOTO: There has been no reaction from the promoters or the company to the development. Gensol didn’t respond to an email sent after office hours seeking comments. (REUTERS)
Posted in Business

CBI files FIR against Gensol, BluSmart co-founders for diverting IREDA loan funds

The Central Bureau of Investigation (CBI) has registered a case against Gensol Engineering Ltd (GEL) and its promoters – Anmol Singh Jaggi and Puneet Singh…

Continue Reading
ET logo
Posted in Economy

MPC flags possibility of policy tightening

Kolkata: India’s monetary policy makers flagged possibility of policy rate tightening in the third quarter if the higher food and fuel prices lead to second…

Continue Reading
MRVL stock jumps as Marvell partners with Google on custom AI chips and gets a potential $12.2 billion investment option tied to future chip purchases. (REUTERS/Carlos Jasso/File Photo) (REUTERS)
Posted in Business

Why is Marvell stock surging? Google’s $12.2 billion AI chip deal explained

Marvell Technology is getting a major boost from Google’s growing AI chip business. The chipmaker will help Google develop its custom AI chips, while Google…

Continue Reading
ET logo
Posted in Economy

Commerce minister Piyush Goyal leads 70-member business delegation to Singapore

New Delhi: Commerce and industry minister Piyush Goyal is leading a 70-member business delegation to Singapore to strengthen trade and investment ties between the two…

Continue Reading
SK Hynix will buy back $28.61 billion in shares as AI memory demand stays strong, while investors watch chip prices, AI spending and shareholder returns. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Why is SK Hynix buying back $28.61 billion in shares amid the AI boom?

SK Hynix said on Wednesday that it will buy back and cancel treasury shares worth 40 trillion won, or $28.61 billion. The South Korean chipmaker…

Continue Reading
ET logo
Posted in Economy

RBI Governor Sanjay Malhotra flags inflation risks; says rate recalibration needs greater clarity, MPC Minutes show

Reserve Bank of India Governor Sanjay Malhotra said he would prefer greater clarity on the persistence and trajectory of inflation before considering any recalibration of…

Continue Reading
Nvidia, Apple, Amazon and Tesla are losing momentum as the Magnificent Seven face weaker returns, high valuations, huge AI costs and market risks. (Photo by ANGELA WEISS / AFP) (AFP)
Posted in Business

Why are the Magnificent Seven, including Nvidia and Tesla, losing their Wall Street grip?

The group known as the Magnificent Seven was once the biggest force on Wall Street. The group includes Nvidia, Apple, Amazon, Alphabet, Microsoft, Meta and…

Continue Reading
ET logo
Posted in Economy

India’s crop insurers seek data protection law to expedite farm innovation

New Delhi: Five of India’s largest crop insurers have jointly asked the government to include a provision for the protection of regulatory data in the…

Continue Reading