OpenAI’s new demo made me cringe: Elon Musk
New Delhi, May 14 - Tesla and SpaceX CEO Elon Musk, on Tuesday, took potshots at Sam Altman-run OpenAI, saying their latest event to announce new AI models made him "cringe."
Kia unveils revamped EV6 electric vehicle
Seoul, May 14 - Kia, South Korea's second-largest automaker, on Tuesday announced the release of a redesigned and upgraded version of its EV6 electric vehicle, which was first introduced in 2021.
OpenAI launches new ‘GPT-4o’ AI model for all ChatGPT users
New Delhi, May 13 - Sam Altman-run OpenAI on Monday launched 'GPT-4o' -- a new version of its GPT-4 model which can generate any combination of text, audio, and image outputs.
TCS announces to create global AI centre of excellence in France
New Delhi, May 13 - Tata Consultancy Services (TCS) on Monday announced the creation of a Global Artificial Intelligence (AI) Centre of Excellence in Paris during the Choose France Summit.
Income Tax Dept rolls out new functionality in AIS for taxpayers
New Delhi, May 13 - The Income Tax Department has now rolled out a new functionality in Annual Information Statement (AIS) to display the status of the information confirmation process to taxpayers, according to a statement issued by the Central Board of Direct
India’s debt:GDP ratio is much lower than US, Japan, France, UK: Sitharaman
New Delhi, May 13 - Finance Minister Nirmala Sitharman said on Monday that India has fared relatively well compared with other countries as far as the government debt to GDP ratio is concerned and the country is the third least indebted nation among
Smartphone sales in US expected to grow only 3 per cent by 2028: Report
New Delhi, May 13 - With 2024 bringing another decline in smartphone sales in the US, a new report on Monday showed that it is expected to grow only 3 per cent by 2028 in the country.
India signs 10-year pact to operate Chabahar Port in Iran
New Delhi, May 13 - India on Monday signed a 10-year contract with Iran to develop and operate the Shahid Beheshti terminal at Chabahar port on Iran's south-eastern coast.
South Korea inks consumer safety pacts with China’s AliExpress, Temu
Seoul, May 13 - The South Korean antitrust regulator said on Monday it signed agreements with the Chinese retail platforms AliExpress and Temu meant to prevent them from selling harmful products and to better protect consumers.
Adani Defence & Aerospace joins IIT Gandhinagar to bolster defence sector with new-age tech
Gandhinagar, May 13 - In a bid to foster collaboration in research, education, and innovation in defence technology, the Indian Institute of Technology Gandhinagar (IITGN) on Monday joined hands with Adani Defence & Aerospace, a subsidiary of Adani Group, to collaborate in areas
Malaysia’s natural rubber production falls 9.2 pct in March
Kaula Lumpur, May 13 - Malaysia's natural rubber production decreased by 9.2 per cent in March to 26,966 tons as compared to 29,691 tons in February, official data showed Monday.
India’s CPI inflation eases to 11-month low of 4.83 pc in April
New Delhi, May 13 - India’s consumer price inflation eased to an 11-month low of 4.83 per cent in April, bringing more relief to household budgets, figures released by the Ministry of Statistics showed on Monday.
Where will funds for Congress’ ‘Khata-Khat’ schemes come from, asks Nirmala Sitharaman
New Delhi, May 13 - Finance Minister Nirmala Sitharaman on Monday fired a fresh salvo against Rahul Gandhi and the Congress, for making “lofty promises disconnected with reality” during the Lok Sabha poll campaign without explaining where the huge funds to finance these
Musk’s Tesla regains top position in battery EV sales despite YoY decline
New Delhi, May 13 - Elon Musk-run Tesla has regained the top position in BEV (battery electric vehicle) sales in the first quarter (Q1) of 2024, despite a 9 per cent (year-on-year) decline, a new report showed on Monday.
Hero MotoCorp becomes first auto firm to join government’s ONDC Network
New Delhi, May 13 - Strengthening the Digital India mission, two-wheeler giant Hero MotoCorp on Monday said that it has joined the government-run Open Network for Digital Commerce (ONDC) Network, becoming the first auto company in the country to join the network.
MapmyIndia logs 35 pc PAT growth in FY24, new order bookings up 63 pc
New Delhi, May 13 - Homegrown geospatial software provider MapmyIndia on Monday reported operating revenue of Rs 379.4 crore in FY24, up 35 per cent (year-on-year).
Sensex to become less volatile after every election phase: EAM Jaishankar
Mumbai, May 13 - As more election rounds get completed in the seven-phase Lok Sabha election, the Indian markets will become less and less volatile, External Affairs Minister (EAM) S. Jaishankar said here on Monday.
Sensex closes 111 points up after intra-day volatility
Mumbai, May 13, - The Sensex and Nifty closed at a day high on Monday, after falling almost one per cent in the morning hours.
PhonePe’s Share.Market to introduce proprietary stock research using factor analysis
New Delhi, May 13 - Share.Market, a PhonePe product, brings forth the Intelligence Layer on Stocks -- an in-depth quantitative factor-based analysis of each stock, a first-of-its-kind in the discount broking industry.
IIM-Kozhikode inks MoU with French business school
Kozhikode (Kerala) May 13 - Indian Institute of Management-Kozhikode (IIM-K) has inked an MoU (Memorandum of Understanding) with Emlyon Business School, Lyon, France for academic collaboration.