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The partnership is the latest in a series of recent announcements by OpenAI [File] | Photo Credit: REUTERS OpenAI, the company behind ChatGPT, announced Monday it is teaming up with chip giant Broadcom to design and build its own specialised computer processors for artificial intelligence. The partnership is the latest in a series of recent…
Read More “OpenAI announces Broadcom deal as spending spree continues” »
Several authors, including us, have argued that a growth rate of 6.5% appears to be the potential growth rate of India as of now. But the first quarter growth rate of 2025-26 is estimated at 7.8%. Does this alter our perception about the potential growth rate? The first quarter real GDP growth in the post-COVID-19…
The company expects scaling up at the base would help augur more than ₹1,000 crore in savings. File. | Photo Credit: Reuters Oil and Natural Gas Company (ONGC) is seeking to reduce 15% costs organisation-wide via varied optimisation measures, Director for Production Pankaj Kumar told reporters in New Delhi. Mr. Kumar enumerated primary areas of focus…
Read More “ONGC eyes 15% cost reduction to address lower oil price regime” »
Union Minister Mansukh Mandaviya, in a release, said the meeting took a number of path-breaking decisions, including simplification and liberalisation of the EPF partial withdrawal provisions. File | Photo Credit: PTI Union Labour Minister Mansukh Mandaviya told a meeting of the Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) in New…
Read More “Hike in PF pension under consideration of Cabinet: Minister” »
The story so far The Royal Swedish Academy of Sciences on Monday (October 13, 2025) announced that it had decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, popularly called the Nobel Prize in Economics, to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic…
Read More “Economics Nobel Prize 2025: How innovation drives economic growth” »
Image for representational purposes only. | Photo Credit: Reuters India’s state-owned refiners trimmed down purchases of Russian oil by more than 45% between June and September this year, according to data from real-time maritime and analytics provider Kpler. Speaking to The Hindu, Naveen Das, Senior Crude Oil Analyst at Kpler said state-owned refiners took 600…
Union Minister for Commerce and Industry Piyush Goyal meets President & CEO of U.S-India Strategic Partnership Forum, Mukesh Aghi, in New York in September. Photo: X/@PiyushGoyal via ANI A team of senior officials from India will visit the U.S. this week for trade talks and negotiations on the proposed Bilateral Trade Agreement (BTA) are progressing…
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Retail inflation slipped to 1.54% in September mainly due to subdued prices of food items, including vegetables and pulses. (Image used for representation) | Photo Credit: Reuters Retail inflation fell to a 99-month low of 1.54% in September 2025 on falling food and fuel prices, official data showed. This is once again below the Reserve…
A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. BSE Sensex dropped to settle at 82,327.05 and Nifty declined to 25,227.35. | Photo Credit: PTI Benchmark indices Sensex and Nifty fell on Monday (October 13, 2025) due to selling in IT and FMCG shares and a weak trend in global markets after…
The rupee opened at 88.75 and traded in the range of 88.57-88.79 before settling at 88.67 (provisional), registering a rise of 5 paise than its previous close. | Photo Credit: Reuters The rupee appreciated five paise to close at 88.67 (provisional) against the U.S. dollar on Monday (October 13, 2025), supported by suspected RBI intervention…
Read More “Rupee rises 5 paise to close at 88.67 against U.S. dollar” »
