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OpenAI's Altman Heads for World Tour as AI Race Tightens

OPENAI CHIEF EXECUTIVE Officer Sam Altman will spend the coming weeks jetting between Tokyo, New Delhi, Dubai and Germany as the race to dominate artificial intelligence takes on new urgency.

Fine balance in the fiscal calculus

IN THE FIRST full year Budget of the third term of the present government, the finance minister was tasked with presenting a roadmap for short-term fire-fighting to deal with slowdown in the economy and potential turbulence in the global economy on one hand and to provide policy direction for aspirations of Viksit Bharat.

Government set to borrow ₹14.82L crore

The Central Government pegged its gross borrowings via market securities at ₹14.82 lakh crore and net borrowings at ₹11.54 lakh crore, the finance minister said while presenting the Budget.

Powering MSMEs for self-reliance

Focus on fuelling demand, strengthening participation of MSMEs in digital economy, accelerating tech ecosystem, and simplifying regulatory frameworks is commendable

Tailored to drive consumption, long-term growth

AMIDST A CHALLENGING global environment, marked by elevated geopolitical risks and a rapidly transforming competitive landscape, India's Budget assumes the crucial task of safeguarding growth and resilience.

Foreign study made less tedious on TCS relief

Only applicable for remittances made by taking a loan

Capital gains tax on ULIPs with ₹2.5 L-plus premium

THE UNION BUDGET 2025 has provided further clarity on the taxation of Unit Linked Insurance Policies (ULIPs) with high premiums.

US Is Probing Whether DeepSeek Used Restricted Nvidia's AI Chips

CURRENT CURBS ON AI PROCESSORS STOP CHIPS FROM REACHING CHINA

Nominal GDP in FY26 May Grow at 10-10.5%

While striving for 8% growth on a sustained basis, India should focus as much as possible on domestic drivers of growth given global uncertainties, chief economic adviser V. Anantha Nageswaran told Prasanta Sahu in an interview.

Equity market to see meaningful correction in 2025

NOTWITHSTANDING THE REMARKABLE performance of the stock market in recent years, the Economic Survey cautioned investors about a meaningful correction in 2025.

An EV charger than can manage solar, grid power

Harmony Boost can charge up to 400 kW

Tariff Hour Nears

BUT NOW, PRESIDENT Trump's threat to impose a 25% tariff on all imports from Mexico and Canada as early as Saturday has hit companies like a freak ice storm in summer.

Morgan Stanley upgrades Titan, Jubilant FoodWorks

CITES RESILIENT BIZ MODELS, STRONG STRATEGIC POSITIONING

iPhone sales likely topped $10 bn in India last year

BUMPER APPLE HARVEST CONTINUES

Buy gold on dips to benefit from price rally

● Allocation up to 15% will be ideal to stabilise portfolio

Lodha vs Lodha: HC appoints mediator in brothers' dispute

THE BOMBAY HIGH Court on Friday appointed former Supreme Court Justice RV Raveendran as a mediator in the trademark dispute between brothers Abhishek and Abhinandan Lodha, after both parties agreed to go for mediation.

Salary growth is not keeping pace with profit surge: Survey

• Wages need to be indexed to inflation, not profit: India Inc

Birthright Citizenship Was for Children of Slaves: Trump

President Donald Trump has said that birthright citizenship was primarily intended for the children of slaves and not for the whole world to \"come in and pile\" into the US.

Ola Launches Gen 3 E-Scooter Line-Up

OLA ELECTRIC on Friday launched its third-generation (Gen 3) electric scooter lineup, introducing eight new models with improved performance.

Activate domestic levers for higher and sustainable growth

THE ECONOMIC SURVEY 202425, tabled in Parliament just six months after the previous survey, highlights the rising importance of domestic growth levers (as compared to the external ones) in the coming years, if India seeks to grow at a steady and sustainable pace.

Samsung Warns of Slow AI Chip Sales in Q1

SAMSUNG ELECTRONICS ON Friday warned of sluggish sales of its artificial intelligence chips in the current quarter due to US export restrictions to China, and as it worked towards launching an improved version of its high-end chips.

Cholamandalam profit rises 24%

STATE-OWNED PUNJAB National Bank (PNB) on Friday posted more than twofold jump in net profit at ₹4,508 crore for the third quarter ended December 2024 aided by decline in bad loans and increase in core income.

Mental well-being of youth at core of economic agenda

IDENTIFYING MENTAL HEALTH of youth as one of the drivers of the future economy, the Survey suggests some areas where the government has to step in for impactful preventive strategies and interventions as India's demographic dividend is riding on skills, education and physical health.

Sebi Mulls Combo Product of Life Term Insurance, MFs

CAPITAL MARKETS REGULATOR Sebi is planning to come out with a new combo product under which mutual funds can pair investments with life insurance, its chief Madhabi Puri Buch said on Friday.

Apple's 'best quarter ever' leaves much to be desired

APPLE DESCRIBED ITS latest results as its \"best quarter ever\", but that's only true if you stop reading near the top of the press release issued Thursday evening.

Survey acknowledges high food inflation but misses new pressure points

THE ECONOMIC SURVEY has rightly conceded that the overall economic growth has moved closer to the decadal average growth of 6-6.5% and is likely to remain range bound in the 6.36.8% band. It talks about the global uncertainties and the domestic resilience to help increase growth.

Chevron Misses Earnings Estimate

CHEVRON REPORTED FOURTH-QUARTER earnings below Wall Street estimates on Friday as weak margins dragged its refining business into a loss for the first time since 2020.

Will Reach Out to Lenders of Go First: Busy Bee to NCLAT

BUSY BEE AIRWAYS, which has challenged the liquidation of grounded carrier Go First, on Friday informed the National Company Law Appellate Tribunal (NCLAT) that it will try to reach out to the lenders concerned.

Cholamandalam profit rises 24%

CHOLAMANDALAM MENT & Finance INVESTCompany reported a 24% YoY increase in standalone net profit for Q3, reaching ₹1,087 crore, driven by higher interest income.

Niranjan Gupta quits as CEO of Hero MotoCorp

HERO MOTOCORP on Friday said that chief executive officer Niranjan Gupta will step down from his post and his last working day will be April 30.