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She sold her wedding gold to buy expensive Hermès handbags. Is luxury fashion becoming the new gold?A Dubai woman reportedly sold all of her wedding gold jewellery to begin collecting Hermès handbags, believing the luxury accessories would...
India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: ReportIndia's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housi...
Prosus Invests $460 million in French health tech AlanAlan, a French health tech company, has successfully attracted a whopping $460 million investment from the Netherlands-based Prosus, elevat...
BHIM eyeing govt schemes, products to boost business growthLalitha Nataraj, chief executive officer of NPCI BHIM Services Ltd (NBSL), said the company is targeting largely untapped user segments and...
FPIs continue selling spree in first half of June; financials, oil & gas hit hardestForeign investors offloaded shares worth a staggering ₹64,761 crore in the first half of June, the highest since March, driven by elevated ...
India at risk of AI blackout? Why Bernstein wants India to have its own DeepSeekBernstein has warned that India risks an "AI blackout" if it remains dependent on foreign AI models, urging the country to develop its own ...
US remains global leader in AI, but China rapidly closing gap with cheaper models: JP MorganThe United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese c...
Zuckerberg bets on Kunal Shah for WhatsApp’s aggressive financial services, AI pushMeta's WhatsApp is set for a major financial services and AI push with Kunal Shah at the helm. This move aims to leverage AI agents and the...
Sebi weighs allowing celebrity endorsements for market entitiesSEBI is proposing a significant overhaul of advertising rules for financial entities, aiming for a unified framework. The changes would all...
WhatsApp's future may not be invented in US but in India, one transaction at a timeMeta’s $900 million investment in Cred and the reported appointment of founder Kunal Shah to a global role at WhatsApp marks a significant ...
Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in CredThink tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data,...
As AI adoption grows, token consumption comes under close scrutinyBusinesses are facing hefty AI bills, prompting a shift from simply counting AI tokens to scrutinising their actual value. Companies are no...
Micron, Anthropic sign AI infrastructure supply agreementMicron Technology has partnered with AI innovator Anthropic, providing integral memory and storage solutions while also investing in its fo...
117-year-old bourse Calcutta Stock Exchange eyeing a revival under new Bengal govtThe West Bengal government is exploring a revival of the 117-year-old Calcutta Stock Exchange, which has remained dormant since 2013. Offic...
PE firms, mid-market companies drive India’s new GCC waveIndia's Global Capability Centre (GCC) landscape is shifting, with private equity-backed and mid-market firms now driving significant expan...
He left school after class 7, arrived in Mumbai at 15, with Rs 24 in his pocket. Today, he earns Rs 25 LPA per annum. Who is Munna Thaakur?From Akola with just Rs 24, Munna Thakur's journey to becoming a celebrated celebrity photographer is a testament to grit. He overcame imme...
'Do not use': US banking giants JPMorgan and Goldman Sachs restrict Anthropic AI access abroad. Here's whyMajor US banks, JPMorgan Chase and Goldman Sachs, have restricted employees outside the US from using advanced AI tools like Anthropic's Cl...
AI market likely to split between premium frontier models and lower-cost alternatives: BernsteinThe global artificial intelligence (AI) market is likely to evolve into a two-tier structure, with premium frontier AI models serving highl...
G7 leaders vow closer ties on AI as they hash out 'trusted partners' schemeG7 leaders are coordinating on advanced AI risks and opportunities. They are discussing a "trusted partners" scheme to grant non-US nations...
AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...