Microsoft CEO Satya Nadella said trust in US AI technology and a strong technology ecosystem will help American AI companies stay ahead of Chinese rivals. Nadella made the comments during an interview on CNN’s GPS on CNN, which aired on Sunday. Sam Altman warns AI monopolies are “very bad” as Satya Nadella says trust, open…
The board also issued warning letters to the other employees involved in the case. HDFC Bank‘s board has imposed a monetary penalty of Rs 1 lakh each on its three senior-most executives – Managing Director and Chief Executive Officer Sashidhar Jagdishan, Chief Financial Officer Srinivasan Vaidyanathan and Group Head (Retail Assets) Arvind Vohra. The penalty…
Global equity markets mostly traded higher as easing tensions between the US and Iran triggered a sharp decline in oil prices. US stock market today: US stocks opened higher on Monday while oil prices tumbled after the United States and Iran suspended military action and resumed efforts to restart negotiations aimed at ending the conflict….
Nvidia Corp. is working on a new round of AI infrastructure deals that could be worth more than $750 billion. The latest deals are adding to Nvidia’s aggressive AI investment strategy and are raising concerns that the company may be helping create an AI bubble. Critics say Nvidia’s financing model could be artificially increasing demand…
Dr. Karyna Shuliak, a 37-year-old dentist originally from Belarus, has emerged as one of the people who could inherit a large share of Jeffrey Epstein’s estate, according to investigative records released by the US Justice Department. She could inherit up to $100 million, including a 33-carat diamond ring, from Epstein’s estate. Jeffrey Epstein amended his…
Stock Market Today Live Updates: Market benchmark indices Sensex and Nifty rebounded in early trade on Monday following a sharp decline in crude oil prices amid easing tensions in the West Asia. The 30-share BSE Sensex jumped 566 points to 76,608.66 in early trade. The 50-share NSE Nifty surged 153.60 points to 23,923.30. Brent crude,…
The government has not estimated how many vehicles in India are fully compatible with E20 fuel, Parliament was informed on Monday. It, however, maintained that the ethanol blending programme is backed by scientific studies and consultations with automobile manufacturers and technical institutions.Responding to a query, minister of state for petroleum and natural gas Suresh Gopi…
The market rebound was also supported by value buying after Indian equities witnessed a steep correction over the previous week. Stock market today: BSE Sensex and Nifty50 snapped their five day losing streak on Monday to rally strongly and finish in green. BSE Sensex closed the day at 76,835.78, up 776 points or 1.02%. Nifty50…
The Reserve Bank of India‘s concessional swap facility could attract $80-85 billion in foreign currency inflows, led by strong Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, according to an SBI research report released on Monday.The report, Ecowrap, said the RBI’s swap scheme has already brought in nearly $20 billion in inflows by July 17, providing a…
Missing the due date or failing to file altogether can have far-fetched consequences, including losing certain tax benefits also. ITR filing FY 2025-26: For individuals who have still not filed their income tax return for AY 2026-27 – the clock is ticking as the July 31, 2026 deadline approaches. Those with professional or business income…
