Business News

Business

Global Users Report High Error Rates in OpenAI's ChatGPT and Related Services

OpenAI's ChatGPT, API, and Sora services are currently experiencing high error rates due to issues with an upstream provider. The company has identified the problem and is actively...

Business

Exploring the Impact of RBI Policies on India's Economic Slowdown

The finance ministry suggests RBI's policies and structural factors may have led to India's economic slowdown, with growth at a seven-quarter low. A brighter outlook is expected in...

Business

El Al Airlines Suspends Moscow Flights Amid Russian Airspace Concerns

El Al Airlines has temporarily halted its flights from Tel Aviv to Moscow due to safety concerns in Russian airspace. This decision comes in the wake of reports linking a recent pl...

Business

Revolutionizing Business Communication: Persistent Systems and CoRover's Multilingual AI Partnership

Persistent Systems and CoRover Private Limited have announced a strategic partnership to develop multilingual conversational platforms powered by generative AI (GenAI), aiming to e...

Business

Global Tech Giant Xpertnest Makes a $1 Million Leap into BharatEarns' Future

Xpertnest, a global technology company, invests $1 million in BharatEarns, an embedded finance platform, to enhance technology infrastructure, expand market reach, and forge new pa...

Business

OpenAI and Microsoft Forge Ahead: A New Chapter in For-Profit Collaboration

OpenAI and Microsoft are renegotiating their for-profit partnership terms, focusing on equity, cloud exclusivity, IP rights, and revenue sharing. With OpenAI's revenue projected to...

Business

Supreme Court Ruling: Banks Now Permitted to Impose Over 30% Interest on Credit Card Debts

The Supreme Court has ruled that banks can charge over 30% interest on credit card dues, overturning a 16-year-old NCDRC verdict. This decision emphasizes the importance of clear c...

Business

India Plans Income Tax Cuts for Middle Class to Boost Economy

The Indian government is considering income tax reductions for individuals earning up to Rs 15 lakh annually to ease the financial burden on the middle class and stimulate economic...