SBI reduces lending rates by 25 bps following RBI's rate cut, aiming to boost economic growth amid US tariff concerns. Revised rates effective from April 15, 2025, with adjustments...
Diesel demand growth in FY25 hits a four-year low at 2%, signaling economic slowdown and shift towards petrol, CNG, and electric vehicles. Petrol sales rise by 7.4%, while jet fuel...
Nvidia announces a strategic plan to manufacture AI supercomputers in the US, aiming to create hundreds of thousands of jobs and generate up to $500 billion in AI infrastructure. T...
Meta Platforms Inc. announces the use of EU public content for AI training, focusing on improving understanding of regional languages and cultures, with opt-out options for users.
Goldman Sachs CEO David Solomon warns of heightened recession risks and a potential global economic slowdown, while also commenting on President Trump's gradual approach to trade t...
Elon Musk predicts AI will soon surpass human reasoning, citing xAI's Grok-3 Mini's perfect scores on tough reasoning tests. This advancement prompts discussions on AI's future imp...
OpenAI is reportedly launching new AI models, o3 and o4-mini, capable of generating ideas and analyzing data across multiple fields, with outputs requiring user verification for po...
LVMH reports a 2% revenue decline to €20.3 billion in Q1, with fashion and leather goods leading earnings but wines and spirits facing a sharp drop. Europe shows growth, while othe...
