Business

File photo: US treasury secretary Scott Bessent The United States and China must work together to manage the risks posed by advanced artificial intelligence while recognising that their competition for technological leadership will continue, US treasury secretary Scott Bessent said on Tuesday.Bessent said the two countries should not underestimate their differences as they prepare to…

Cognitive warmup. “We are a data center first company,” said AMD CEO Lisa Su, not long after everyone else seemed to be asking one simple question: What do the US mid-term results mean for data centres? Read the room? Never been a tech exec’s way. Turns out, everyone is concerned about data centres. An AP…

Nscale, a British cloud provider backed by chip giant Nvidia, is considering delaying a $35 billion stock market listing, the Telegraph reported on Tuesday. Signage on a fence at the Nscale data center project in Barstow, Texas, US. (Bloomberg) Executives at the data-centre developer are assessing whether to pause efforts to go public until next…

Anthropic’s blockbuster IPO will value the Claude chatbot creator at up to $1.4 trillion, slightly short of some investors’ expectations, setting up a key test of Wall Street’s faith in the AI boom it helped ignite. Anthropic’s blockbuster IPO will value the Claude chatbot creator at up to $1.4 trillion. (REUTERS) The company is kicking…

They alleged that the builder had not paid the enhanced compensation of Rs 88 lakh for the increased floor space index. (Image for representative purpose only) You give your land for redevelopment to a builder but the latter does not honour his commitment fully, withholds the promised payments, and also fails to honour other contractual…

The US has repeatedly pressed New Delhi to reduce its reliance on Russian energy. (AI image for representative purpose only) The Donald Trump administration wants India to buy more crude oil from Venezuela. US Secretary of State Marco Rubio’s recent visit to India to discuss the possibilities with Reliance clearly shows America’s push to increase…

After a period of sustained efforts in integrating artificial intelligence (AI) into creative apps for consumers and enterprises, Adobe is now marking a sharper pivot towards agentic workflows embedded in Creative Cloud apps, connectors to third-party large language models (LLMs) including OpenAI’s ChatGPT as well as Google Gemini, and opening up the local Model Context…

Vande Bharat sleeper trains are fully air-conditioned overnight train services. 2026 has been a milestone year for Indian Railways with the introduction of the Vande Bharat sleeper train services. Vande Bharat sleeper trains have been put into service so far on three routes.A few days ago, the Vande Bharat sleeper trains were launched on the…

Qantas CEO said “sorry for the uncertainty” India is set to handle a major share of outsourced corporate operations of Australian airline Qantas, which plans to transfer around 850 head-office jobs to technology services company Accenture under a multi-year agreement.Most of the services covered by the arrangement will be delivered by Accenture’s teams in India,…

After examining the facts, ITAT Cuttack held that Section 269SS did not apply to the transactions. (Image for representative purpose only) What if you sell properties but receive the payment in cash? Despite recording capital gains in your tax return, are you still likely to face penalties from the Income Tax Department?The Income Tax Appellate…