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Sam Altman and Dario Amodei warn about faster AI development and safety risks. (REUTERS)
Posted in Business

AI stocks at risk? Why Sam Altman and Dario Amodei want to slow AI development

Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman have both said that AI companies may need to slow down the development of increasingly powerful…

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Posted in Economy

India-UAE trade to reach $200 billion by 2032, BRICS to drive investment: Ras Al Khaimah Economic Zone official

New Delhi: India-UAE trade is on track to expand significantly towards the USD 200 billion target by 2032, with the growing role of BRICS and…

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Wall Street faces a stock market crash warning as margin debt hits $1.5 trillion.  (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

Stock market crash warning? Margin debt hits $1.5 trillion as investor risk soars

The US stock market has had a very strong run for most of the last four years. The Dow Jones Industrial Average, S&P 500 and…

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Posted in Economy

Uttar Pradesh clocks Rs 47,484 crore exports to BRICS, partner nations

New Delhi: Uttar Pradesh has strengthened its trade engagement with BRICS members and partner nations, recording exports worth Rs 47,484 crore to these markets, as…

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Posted in Economy

Next phase of India-UAE ties to focus on new areas related to advanced tech, digital economy: UAE BRICS Sherpa

New Delhi: The next phase of India-UAE relations will focus on further strengthening existing areas of cooperation while expanding into new sectors linked to advanced…

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Scott Bessent warns of new US sanctions targeting Iran. (File Photo/Getty Images via AFP)
Posted in Business

Scott Bessent warns of new Iran sanctions: Why a ‘large bank’ will be targeted Monday

The Trump administration is preparing to sanction a “large bank” next week, Treasury Secretary Scott Bessent said. Bessent did not reveal the name of the…

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Indian stock markets to be closed on September 14. (PTI)
Posted in Business

Stock market holiday tomorrow: Why NSE and BSE will remain closed on September 14

The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will be closed tomorrow, September 14 (Monday), on the occasion of Ganesh Chaturthi. Both…

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Bitcoin price and crypto market watch September 15 Clarity Act vote (Pexel/Representative image) (Pexel)
Posted in Business

Will Bitcoin rally after Trump’s crypto bill vote? Why September 15 matters

Bitcoin has already made a strong comeback in recent weeks. The Bitcoin price has risen about 20%, moving to around $80,000 from roughly $60,000 during…

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Stubborn inflation, corporate demand for capital and big public debts are squeezing holders of government bonds
Posted in Business

Surging bond yields presage pain—and not just for bond investors

LESS THAN a decade ago the return of high interest rates and bond yields seemed like a fantastical prospect, even to seasoned observers. “Like the…

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Jagdishan, who has led the bank since 2020, is set to step down at the end of his second term in October. (Representative Image (File Photo/Bloomberg))
Posted in Business

HDFC Bank submits two names as RBI set to appoint new CEO

HDFC Bank’s board has submitted two candidates to the Reserve Bank of India for the role of CEO, the lender said on Saturday, formally starting…

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