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Love traveling? This job at Anthropic might be for you
Anthropic, a leading artificial intelligence (AI) company, is offering a whopping salary of up to $400,000 for a new position.
AU Small Finance Bank will become a full-fledged bank soon
AU Small Finance Bank has filed its final application for a universal banking license with the Reserve Bank of India (RBI).
What are the most common loan types in India?
Navigating the world of loans can be tricky, especially in a diverse economy like India.
PPF or FD: Which has a lower minimum contribution?
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
Donald Trump rolls out temporary taxes after Supreme Court ruling
President Donald Trump is pursuing new import taxes to replace tariffs recently struck down by the Supreme Court, aiming to protect the American economy.
Debt mutual funds: What they are actually
Investing in debt mutual funds can be a smart way to diversify your portfolio and manage risk.
Iran conflict strains emerging markets, JPMorgan projects Qatar 9% contraction
Emerging markets are grappling with escalating economic strain due to the Iran war, experiencing inflation, trade disruptions, and increased borrowing costs.
PhonePe reaches 50 million merchants as updated paperwork filed with SEBI
PhonePe, a digital payments firm, has announced reaching over 50 million registered merchants as it prepares for its initial public offering (IPO).
Senate Banking Committee to vote on Kevin Warsh's Fed nomination
Kevin Warsh's nomination to lead the Federal Reserve advances towards a crucial Senate Banking Committee vote, potentially positioning him as chair by mid-May.
Meta to unwind $2B+ Manus buyout after China orders reversal
Meta Platforms is reportedly preparing to undo its acquisition of AI startup Manus, after China blocked the deal on national security grounds.
Indian bond yields jump to 6.96% as oil nears $110
Bond yields rose by two basis points due to escalating Brent crude prices and a weakening rupee, clouding the supply outlook.
Sensex slips as President Trump's pushback sends oil above $110
Indian stock markets, Sensex and Nifty, experienced a decline on Tuesday due to investor concerns over the escalating Iran-US conflict and surging oil prices.
Sam Sidhu used AI voice amid Customers Bank's automation push
Customers Bank CEO Sam Sidhu recently used an AI clone of his voice during an earnings call, before announcing a partnership with OpenAI to develop a digital workforce.
Nifty above 24,100 as Sensex slips amid rising crude oil
The BSE Sensex and NSE Nifty opened on a cautious note on Tuesday as rising crude oil prices dampened investor sentiment.
Intel $6.5B bond sale drew $50B orders, signals AI comeback
Intel Corp.'s successful $6.5 billion bond sale, attracting about $50 billion of orders, signals investor optimism in the chipmaker's turnaround strategy.
Rupee opens lower at 94.37 versus USD amid Hormuz tensions
The rupee opened 18 paise lower at 94.37 against the dollar on April 28 as Brent crude prices neared $110 a barrel, influenced by ongoing US-Iran tensions.
Aviation stocks slip 5% as rising fuel prices hit margins
Shares of InterGlobe Aviation (IndiGo) and SpiceJet witnessed a steep fall on Tuesday.
Snabbit raises $56 million as home services startup valuation hits $350 million
Snabbit, an on-demand home services startup, has raised $56 million in a funding round, doubling its valuation to $350 million.
Bank of Japan holds rate at 0.75% amid Iran conflict
The Bank of Japan (BOJ) has kept its policy rate at 0.75% due to economic uncertainties stemming from the war in the Middle East.
Domino's falls over 8% on US sales miss, trims forecast
Domino's Pizza shares dropped over 8% after reporting lower-than-expected growth in US same-store sales. The pizza giant also cut its sales forecast for the year.
Worrying: Over 30% of India's industrial goods come from China
India is heavily dependent on China for its industrial goods, with the latter accounting for a whopping 30.8% of the country's requirements, think tank Global Trade Research Initiative (GTRI) revealed.
World's largest battery manufacturer raises $5B through share sale
Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest battery manufacturer, has raised a whopping $5 billion through a Hong Kong share placement.
India's fertilizer subsidy bill may jump 20%: Here's why
India's fertilizer subsidy bill is likely to witness a 20% increase in the current fiscal year.
Flipkart now offers biometric authentication for Axis Bank card payments
In a major development, Flipkart has teamed up with Axis Bank and PayU to introduce biometric authentication for card payments on its platform.
Heat wave and weak monsoon could raise prices across India
India's inflation outlook is under threat due to heat waves, low rainfall, and surging oil prices, potentially impacting food costs and economic growth.
Cadence raises fiscal 2026 revenue outlook to $6.23B on AI
Cadence Design Systems has increased its annual revenue forecast, attributing the growth to sustained demand for its specialized artificial intelligence chip-design tools.
Gold near $4,700, silver near $76 amid U.S.-Iran tensions
Gold and silver prices remain stable as investors balance West Asia tensions with upcoming global central bank decisions.
Elon Musk sues OpenAI claiming it abandoned its nonprofit mission
The legal battle between billionaire Elon Musk and artificial intelligence company OpenAI commences Tuesday, spotlighting the debate on AI's societal benefits.
Elon Musk sues OpenAI, accuses Sam Altman of prioritizing profit
Elon Musk intensifies his criticism of OpenAI, accusing its leadership of financial misuse as his lawsuit against the company enters trial.
Anthropic seeks events lead for conferences paying up to $400,000
Anthropic is seeking a candidate for a new role with a salary of up to $400,000. The position involves significant travel and no coding responsibilities.
West Asia conflict forces higher input costs for Indian carmakers
Rising raw material costs, driven by the West Asia conflict, are pressuring automobile manufacturers, potentially impacting margins and slowing demand.
8th Pay Commission talks start today: What's on agenda?
The 8th Central Pay Commission (CPC) will hold a crucial three-day meeting with employee unions and associations in New Delhi, starting today.
India's growth stable, informal sector hit by US-Iran war: Survey
A recent Reuters poll of economists has shown that while India's growth outlook remains stable, the ongoing US-Israeli war with Iran is severely impacting the country's informal economy.
South Korea overtakes UK as world's 8th largest stock market
South Korea has overtaken the UK to become the world's eighth-largest stock market, driven by a surge in artificial intelligence-linked technology stocks.
Sam Altman accused by sister Annie as lawyers withdraw
The Mahoney and Simon Law Firms have withdrawn from representing Annie Altman, sister of OpenAI CEO Sam Altman, in her lawsuit against him.
How a $500 Adidas shoe helped set a marathon record
Kenyan runner Sabastian Sawe made history by becoming the first person to officially break the two-hour marathon barrier.
Home services start-up Snabbit raises $56M at $350M valuation
Indian on-demand home services start-up Snabbit has raised $56 million in a Series D funding round. It now values the company at around $350 million.
Government bank stocks down by 3% today: What's the reason?
Public sector bank stocks witnessed a major fall today, with Bank of India and Bank of Baroda leading the decline at 3% each.
Noida International Airport might let you fly from June
The Bureau of Civil Aviation Security (BCAS) has approved the Aerodrome Security Programme (ASP) for the upcoming international airport in Noida.
How Meta plans to undo its $2.5B Manus acquisition
Meta is preparing to reverse its acquisition of AI start-up Manus after the Chinese government blocked the deal on national security grounds, The Wall Street Journal reported.
Investors await rates and earnings as Asian stocks near highs
Asian stocks remain near their late February peak as investors anticipate Middle East developments and major tech earnings.
LTM CEO Venu Lambu says AI transforms Indian IT business
LTM's CEO, Venu Lambu, predicts a contraction in core IT services as AI technology reshapes the industry and resets pricing structures.
Brent crude nears $110 as US considers Iran's peace proposal
Brent crude oil prices have reached near $110 per barrel. This comes as the US considers Iran's latest proposal to end the ongoing conflict in West Asia.
NSE shareholders approve selling over 4% stake, enabling ₹23,000cr IPO
The National Stock Exchange (NSE) has received approval from its shareholders to divest over 4% of their holdings for the upcoming initial public offering (IPO).
IndiaAI tender cuts NVIDIA B200 GPU hourly rates by 10%
Nvidia's latest B200 GPUs have seen a 10% price drop in the recent IndiaAI Mission tender, indicating aggressive bidding by compute service providers.
Start-up building self-learning AI raises record $1.1B seed
Ineffable Intelligence, a start-up founded by David Silver, a former lead researcher at Google's DeepMind, has raised $1.1 billion in seed funding.
RBI mandates expected credit loss model including small finance banks
From April 2027, the Reserve Bank of India (RBI) will require banks to use predictive models to set aside funds for potential loan defaults in advance.
Sun Pharma to buy Organon for $11.75 billion, enters biosimilars
Sun Pharma is set to acquire Organon for $11.75 billion after three months of intense negotiations, marking a significant milestone in Indian overseas acquisitions.
Japan unemployment rises to 2.7% as employment drops 120,000
Japan's unemployment rate increased to 2.7% in March, indicating a potential slowdown in hiring despite a tight labour market.
Musk v/s Altman: AI's biggest feud enters courtroom
A high-profile legal battle between tech moguls Elon Musk and Sam Altman is about to begin in a US court.
Infosys falls to 11th at ₹4.7L/cr amid AI shift
Infosys, a leading IT firm, has fallen out of the top 10 most valued companies in India due to recent AI-led disruptions.
Brent at $108 as President Trump weighs Iranian transit proposal
Brent crude oil prices near $110 a barrel as the US considers Iran's proposal to end West Asian conflict. Meanwhile, Goldman Sachs raises its oil price forecast.
Reliance Industries to invest ₹1.6L/cr in Visakhapatnam AI data center
Reliance Industries (RIL) is investing over $17 billion to establish a 1.5 GW AI-focused data centre cluster in Visakhapatnam, Andhra Pradesh, surpassing Google's 1 GW facility.
Canada announces $18 billion fund to lessen dependence on US.
Prime Minister Mark Carney has unveiled a government-owned investment fund in Canada, starting with 25 billion Canadian dollars ($18 billion), aimed at major industrial projects.
RBI issues capital rules to match borrower risk April 2027
The Reserve Bank of India (RBI) has issued final directions on risk weights for retail, corporate, and sovereign exposures, effective from April 1, 2027.
Tata Trusts retain lifelong trustees despite Maharashtra law capping 25%
Tata Trusts, based on legal advice, may not reappoint its permanent trustees for a fixed term despite a recent Maharashtra ordinance capping perpetual trustees.
NVIDIA market cap reaches $5.2 trillion driven by GPU demand
Nvidia's stock has hit a record high, pushing the company's market cap to an impressive $5.2 trillion due to surging demand for AI chips.
Samsung may decide China TV and home-appliance sales by April
Samsung Electronics may cease its home appliance and TV sales in China due to increasing competition and market shifts, reports Nikkei.
Congress and states scrutinize prediction markets after insider trading reports
Prediction markets are under pressure to regulate rogue bettors and curb insider trading, amidst growing concerns over fairness and legality.
Microsoft rolls out Copilot 365 across Accenture workforce, biggest deal
Accenture is rolling out Microsoft's Copilot 365 AI assistant to all its 743,000 employees, marking the largest enterprise deal for the chatbot.
Microsoft gains nonexclusive OpenAI license through 2032, ends exclusivity
OpenAI and Microsoft have renegotiated their agreement, ending potential legal issues over OpenAI's $50 billion deal with Amazon.
Ineffable Intelligence, founded by David Silver, raises $1.1B seed
Ineffable Intelligence, co-founded by former DeepMind researcher David Silver, has raised a record-breaking $1.1 billion in seed funding from leading venture capital firms.
India New Zealand FTA gives Indian exports tariff free access
India and New Zealand have signed a "once-in-a-generation" free trade agreement, aimed at boosting exports across various sectors.
Former Tokyo Electron worker jailed 10 years for TSMC theft
A former Tokyo Electron employee has been sentenced to 10 years in prison by a Taiwanese court for stealing trade secrets from chipmaker TSMC.
Reserve Bank of India mandates ECL provisioning from April 2027
The Reserve Bank of India (RBI) has implemented stricter rules for banks to set aside more funds for potential loan losses, aligning with global standards.
AI and machine learning job demand rises 40% to 50%
The rapid adoption of AI is spurring a hiring boom, with companies increasingly seeking professionals adept in workflows and data interpretation, reports ANI.
Coal India posts 11% March quarter profit rise to ₹10,839cr
Coal India Ltd (CIL) reported an 11.1% increase in consolidated net profit to Rs 10,839.18 crore in the March quarter due to higher revenue.
Salesforce sues Microsoft in London claiming Teams bundling limits choice
Salesforce and its app Slack have sued Microsoft in the UK, alleging anticompetitive practices related to the bundling of its Teams app.
Bill Ackman's Pershing Square plans $5 billion US fund IPO
Bill Ackman's investment management company, Pershing Square, is reportedly set to raise about $5 billion in its U.S. initial public offering (IPO).
RBI shortens credit card overdue reporting window to 3 days
The Reserve Bank of India (RBI) states that credit card issuers can only report accounts as 'past due' after three days of non-payment.
Punjab & Sind Bank posts over 30% net profit, ₹1,322cr
Punjab & Sind Bank reported a 30% increase in net profit to ₹1,322 crore for Fiscal Year 2025-26, driven by improved asset quality.
Oil India and IOCL mark 5th discovery in Ghadames Basin
Oil India Limited has made a significant oil and gas discovery in Libya, potentially bolstering its international exploration portfolio amidst global energy market instability.
National Stock Exchange crosses 13cr, adds 1cr in 7 months
The National Stock Exchange (NSE) added one crore unique investors in just seven months, pushing its registered investor base past the 13-crore mark.
Bridgewater Associates warns AI pressures software firms and prompts layoffs
The rapid rise of artificial intelligence (AI) poses significant threats to established software companies, similar to the disruption caused by online retail in the past.
OpenAI tightens safety rules after Jesse van Rootselaar mass killing
OpenAI CEO, Sam Altman, has publicly apologized for failing to alert law enforcement about a user's violent threats prior to a tragic shooting incident.
India's NITI Aayog unveils $30 trillion growth plan to 2047
India has outlined a two-phased strategy for its Digital Public Infrastructure (DPI) to facilitate a transition towards a $30 trillion economy by 2047.
RBI requires banks report offshore rupee derivatives from July 2027
The Reserve Bank of India (RBI) has directed banks to report all offshore foreign exchange derivatives transactions involving the Indian rupee, aiming to enhance price discovery and transparency.
Adani Total Gas proposes ₹0.25/share dividend after Q4 ₹168cr profit
Adani Total Gas Ltd (ATGL) has announced an 8.4% year-on-year increase in Q4 net profit and a dividend of ₹0.25 per equity share for FY26.
Hindustan Zinc to add 3 metals after acquiring monazite block
Hindustan Zinc plans to add three new metals to its portfolio over the next five years, leveraging a pipeline of 10 mineral blocks currently under exploration.
RBI keeps April 2027 ECL deadline and issues transition guidelines
The Reserve Bank of India (RBI) has rejected banks' requests for additional time to transition to the expected credit loss (ECL) framework, maintaining the 1 April 2027 deadline.
Prada launches limited Kolhapuri chappal-inspired sandals €750 after Milan controversy
Prada is releasing a limited-edition range of Kolhapuri-inspired sandals, made in India, following previous cultural appropriation controversy.
Secured loans: What they are actually
Secured loans are a common financial tool, allowing borrowers to use an asset as collateral.
OpenAI and Microsoft amend their partnership: What has changed?
OpenAI and Microsoft have announced a major overhaul of their partnership agreement.
Why Rolls-Royce inked a ₹3,800cr deal with this Hyderabad-based company
Hyderabad-based Sigma Advanced Systems has signed a seven-year-long deal with Rolls-Royce, worth ₹3,800 crore. The partnership is aimed at manufacturing and supplying aerospace systems.
NVIDIA leases office space in Bengaluru for ₹1,230cr
NVIDIA has signed a major lease deal for office space in Bengaluru, according to real estate data analysis platform Propstack.
Why MakeMyTrip has joined hands with Adani Airport Holdings
Adani Airport Holdings Limited and MakeMyTrip have joined forces to launch a new online duty-free, pre-booking service for international travelers.
Infrastructure bonds: All about this investment option
Investing in Indian infrastructure bonds can be a smart move for those looking to diversify their portfolio.
Your ice creams could get costlier this summer: Here's why
The ongoing conflict in West Asia is disrupting supply chains and pushing up the prices of key ingredients like dry fruits and nuts. These are essential for flavoring a wide range of ice creams and chocolates.
8th Pay Commission consults on pay, pensions; final decisions awaited
The 8th Central Pay Commission (CPC) is currently in a critical phase of consultations and discussions.
Indian government takes major step for jewelry sector
The Indian government has expanded the SEZ Rules, 2006, to include jewelry in Free Trade Warehousing Zones (FTWZ).
Eli Lilly bets on blood cancer drugs with $2.3B deal
Eli Lilly, a leading pharmaceutical company, has announced its plan to acquire Ajax Therapeutics for up to $2.3 billion in cash.
US budget airlines seek $2.5B bailout amid fuel crisis
A group of US-based budget airlines, including Avelo Airlines and Frontier Airlines, are seeking $2.5 billion in federal financial aid, according to The Wall Street Journal.
How Ganga Expressway could reshape Uttar Pradesh's economy
Prime Minister Narendra Modi will inaugurate the Ganga Expressway on April 29.
How Trump's 123% duty will hurt India's solar industry
The United States has moved to impose a hefty 123.04% preliminary anti-dumping duty on solar cell and module imports from India.
'Come back home': Zoho founder calls on Indians in US
Sridhar Vembu, the founder of Zoho, has urged Indians living in the US to consider returning home.
MobiKwik bags RBI nod for NBFC license: Why it matters
Fintech giant MobiKwik has received approval for a non-banking financial company (NBFC) license from the Reserve Bank of India (RBI).
JioHotstar hits ₹31,000cr revenue on sports, ads boom
Reliance Industries' media business, JioHotstar, has witnessed a massive surge in its financial performance for the fiscal year 2025-26.
Kissht IPO opens April 30, aims to raise ₹930cr
Digital lending platform Kissht has announced its initial public offering (IPO) on April 30.
Why Meta's $2B Manus acquisition has been blocked by China
China has blocked US tech giant Meta's acquisition of Chinese artificial intelligence (AI) start-up Manus.