Friday, June 12, 2026

Business

The AI Price War Is Here, Piling Pressure on OpenAI and Anthropic

The AI price war has begun.Big companies and startups, chafing at rapidly escalating artificial intelligence costs, are increasingly turning to tools that tap in to cheaper AI models,...

Forex reserves slip by $711 million to $681.6 billion, fall in foreign currency assets weighs

India's foreign exchange reserves declined by $711 million to $681.610 billion in the week ended...

Why Sensex suddenly shot up by nearly 1,700 points today? Explained

Sensex and Nifty surged on Friday, ending the week on a strong note after reports of a...

Pakistan eyes higher donkey meat, other related products export to China

Pakistan is looking to expand exports of donkey meat and other donkey-derived products to China,...

Another new boss aims to fix the world’s biggest chocolate-maker

ITS products tempt you from supermarket shelves everywhere, but you may not know its name. Formed 30...
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India among most resilient large EMs, better placed for future global shocks; policy reforms & strong buffers help: Moody’s

The report points out that India has consistently demonstrated notable strength during periods of global volatility. (AI image) Amid the ongoing Middle...

How India-New Zealand FTA creates new global pathways for Indian talent

For India, these measures directly support long-term human capital development. (AI image) By Amarpal S. ChadhaIndia has consistently expanded its global trade...

US stock markets today (May 5, 2026): S&P 500 nears record high; oil cool-off, strong earnings lift sentiment

US stock markets moved closer to record levels on Tuesday as easing oil prices shifted investor focus back to strong corporate...

Middle East conflict: Govt launches Rs 18,100 crore credit guarantee scheme; MSMEs, airlines to get Rs 2.55 lakh crore liquidity support

The government has approved an Emergency Credit Line Guarantee Scheme (ECLGS 5.0) with an outlay of Rs 18,100 crore to support...

Cabinet okays 2 semiconductor units worth Rs 3,936 crore; total approved projects under ISM rise to 12

The Union Cabinet has approved two new semiconductor manufacturing units with a combined investment of over Rs 3,936 crore under the...

Bank credit grows 15.9% in FY26 to Rs 212.9 lakh crore; Finance ministry says capex, reforms boosting demand

Scheduled Commercial Banks (SCBs) recorded a robust 15.9 per cent growth in credit during FY2025-26, reflecting strong economic activity and sustained...
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