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Business

OpenAI Secures $8.3 Billion in Funding, Nears $300 Billion Valuation Ahead of GPT-5 Launch

OpenAI raises $8.3 billion in funding, achieving a $300 billion valuation, with major investments from firms like Blackstone and Dragoneer. The company is also set to launch GPT-5,...

Business

ITC Reports Stellar Q1 Performance: Rs 5,343 Crore Profit and Rs 23,129 Crore Revenue Boosted by FMCG and Agri Sectors

ITC Ltd reports a consolidated net profit of Rs 5,343.41 crore for Q1 2025, with revenue from operations reaching Rs 23,129.35 crore. The growth is attributed to strong performance...

Business

India Braces for Minimal Impact from Trump's 25% Tariff, Stands Firm on Agriculture and Dairy in Trade Talks

India anticipates minimal impact from the US's new 25% tariffs, standing firm on excluding agriculture, dairy, and GM products from trade concessions. With bilateral trade at $131....

Business

India's Forex Reserves Surge by $2.7 Billion: A Closer Look at the Gold and SDR Holdings Growth

India's foreign exchange reserves increased by $2.7 billion to $698.1 billion, with significant contributions from gold and SDR holdings. The RBI's latest data highlights the resil...

Business

India's GST Revenue Hits Record Rs 1.96 Lakh Crore in July 2025, Marking a 7.5% Year-on-Year Growth

India's GST collection in July 2025 rose by 7.5% year-on-year to Rs 1.96 lakh crore, driven by higher domestic revenues and a 9.5% increase in import taxes. Net GST revenue grew by...

Business

Unraveling the 5-Week Slump: Key Factors Behind Nifty50 and BSE Sensex's Continued Decline

Indian stock markets indices, Nifty50 and BSE Sensex, have seen their fifth consecutive week of closing in red, driven by factors such as FII selloff, US tariffs on India, underwhe...

Business

India's Manufacturing Sector Soars: PMI Hits 16-Month Peak at 59.1 in July Amid Surge in Orders and Output

India's manufacturing sector hits a 16-month high with PMI at 59.1 in July, driven by a surge in orders and output. Despite growth, business confidence dips due to inflation and co...

Business

How Donald Trump's Tariffs Are Reshaping India's Oil Trade with Russia

Indian public sector refiners stop buying Russian crude oil from the spot market following US tariffs. The government denies any directives, as India navigates the impact on its oi...