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Subscribe to enjoy similar stories. If Chinese AI lab Deepseek shook the industry with its open-source, budget-friendly reasoning model earlier this year, another Chinese startup, Monica, is impressing many with its new general-purpose AI agentic model, Manus. Are there lessons for India? Chinese artificial intelligence (AI) lab DeepSeek disrupted AI with its low-cost reasoning R1 model this year, prompting OpenAI to respond with o3 mini and GPT-4.5.

Subscribe to enjoy similar stories. Bengaluru: Mattress maker Duroflex has aggressively pursued profitability in the past two years as it prepares to list on the public markets in the coming 18 months, its group chief executive officer (CEO) Sridhar Balakrishnan said. The public offering will largely be to give its investors an exit, he said, adding that there is no pressure for the company to raise funds through private equity or an initial public offering (IPO) in the near term as it is well-capitalized for its future expansion plans.

(Bloomberg) — Canada’s second-biggest supermarket company said a boycott of US goods is quickly taking hold in reaction to President Donald Trump’s tariffs and his threats of “economic force” to make the country the 51st US state.

The February budget deficit was more than $307 billion, almost two and half times higher compared to January and 3.7% more than the same time last year, CNBC reported.

In a London stock exchange notice today (13 March) the board cited the «limited liquidity» offered by AIM and the «regulatory burden and cost of maintaining the public quotation» as reasons for its proposed delisting. Hornby, a company dating back to 1901and floated on the public market in 1996, said the decision was «not taken lightly».  Number of UK companies mulling moving their listing doubles in 12 months Hornby's shares once sat as high as 283p per share during the early 2000s, but have struggled in recent years, frequently dipping below the 20p level. According to MarketWatc...

Subscribe to enjoy similar stories. Europe’s industrial production recovered at the start of a year that could see the beginnings of new investment and a new dawn for the beleaguered manufacturing sector. In the 20-member eurozone, industrial output was 0.8% higher in January than a month earlier.

«The poorest households in Slovenia and Malta are now better off than those in the UK,» the report states, attributing this decline to stagnating real incomes since the 2008 financial crisis. While other European countries have seen steady income growth, the UK has fallen behind.

Sarnaik's statement triggered an uproar in the legislative council, leading to calls for action against MSRTC's managing director. The controversy unfolded during a discussion initiated by BJP MLC Parinay Fukey, who raised concerns over the mismanagement of PF and gratuity funds. Fukey pointed out that the PF and gratuity payments of MSRTC employees had not been deposited for the past 10 months, and demanded an explanation regarding the use of Rs 2,214 crore from the fund. Fukey questioned, “What has happened to the Rs 2,214 crore? If this had been an industrialist or a private company, a cognizable offence would have been filed.” He emphasized that the state government, as the principal employer, was responsible for ensuring these funds were properly managed and deposited.

Schengen visa, there are steps you can take to improve your chances. Here’s what you need to know:

Piyush Goyal on Thursday urged the creative industry to take India's story to the world and contribute further to the economic growth. He emphasised putting trust and authenticity at the centre of their work and taking responsibility and accountability for the output they generate.

Subscribe to enjoy similar stories. Mines in Tamil Nadu will now attract additional tax, dealing a fresh blow to The Ramco Cements Ltd, which focusses on south India. Under the Tamil Nadu Mineral Bearing Land Tax Act 2024, the Tamil Nadu government has notified the levy of a mineral-bearing land tax of ₹160 per tonne on limestone in the state, effective 20 February.

Subscribe to enjoy similar stories. The virtue economy has completely burst [in the US]. Many companies are cutting their diversity, equity and inclusion (DEI) programmes, environmental, social and government (ESG) funding in the US has fallen, and companies are being quieter about politics.

Subscribe to enjoy similar stories. NEW DELHI : Mr. A is a risk-averse investor who prefers fixed over market-linked returns.

It comes as US President Donald Trump's increasingly hostile stance towards traditional European allies has shaken faith in US commitment to the continent's security. Here's what Germany's armed forces — the Bundeswehr — are thought to need, and how they might get it: — What is the state of the Bundeswehr? - Germany cashed in a so-called «peace dividend» after the Cold War. Like other Western countries, it reduced the size of its armed forces and directed more spending to areas like welfare.

Bank of Japan chief bolstered rate hike expectations. The Nikkei closed 0.08% lower at 36,790.03, after rising as much as 1.4% earlier in the session to track Wall Street's overnight higher.

Blackstone chairman and CEO Stephen Schwarzman believes the new US tariff regime has the potential to boost growth and strengthen American consumption demand by attracting foreign investment. Speaking during his visit to India to mark Blackstone’s 20th anniversary in the country, Schwarzman discussed global trade, US policy, and India’s economic prospects. Addressing concerns about the impact of reciprocal tariffs on the US economy, he said that while input costs for American businesses may rise, the policy is already stimulating large-scale inbound investments.

generic drugs to a higher risk of serious side effects in the US has drawn backlash from the industry’s most influential lobby group, as India moves to defend its dominant market share amid trade tensions under President Donald Trump. The study, which analyzed more than 2,400 drugs sold in the US between 2009 and 2018, found that Indian generics were associated with a 54% greater risk of serious adverse events — including hospitalization, disability, and death — compared with equivalent domestically made medicines. The research links operations and supply chain issues in the manufacturing process as “most likely” explaining the findings. Published last month in the journal Production and Operations Management, the findings prompted a three-page statement from the Indian Pharmaceutical Alliance, which represents two dozen of the country’s largest drugmakers.

Gold prices edged higher on Thursday as uncertainty over tariffs persisted, driving safe-haven demand, while a cooler-than-expected U.S. inflation print also supported bullion by strengthening expectations of rate cuts.

Subscribe to enjoy similar stories. PRESIDENT DONALD Trump’s bullying of America’s allies and neighbours may appeal to the maga base. Unfortunately, investors feel otherwise.

Subscribe to enjoy similar stories. A new fear is gripping Wall Street: The economy may go into reverse while tariffs keep consumer prices too hot. Concerns over “stagflation"–a destructive combination of poor growth and rising prices that befuddle policymakers’ attempts to intervene–are dropping the floor from under stocks and sending investors to the safety of U.S.