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Last week’s AI Impact Summit ended the way these gatherings routinely do. This time with a ‘New Delhi Declaration,’ a non-binding hymn to cooperation and the hope that “AI could be made to serve humanity.” It’s the sort of empty language that dozens of countries and international organizations can sign up to without changing a thing.The most revealing statement came from the industry. Hours before the declaration, OpenAI CEO Sam Altman offered a bit of moral arithmetic in an interview with the Indian Express.

Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Subscribe to enjoy similar stories. MEXICO CITY—For many drug-enforcement officials in North America, there was one cartel boss who was too big and too dangerous to ever try to take down—Nemesio “El Mencho" Oseguera, the head of the Jalisco New Generation Cartel.

Vedanta Ltd is in a race against time to shore up production levels at its oil and gas business that has declined each of the past 10 years.Higher production levels could bolster the business's financials, helping it fend for itself when it is housed in an independent company named Vedanta Oil & Gas Ltd.Over the past decade, ageing oil blocks have more than halved production at Vedanta’s oil and gas vertical from 211 thousand barrels of oil equivalent per day (kboepd) in FY15 to 103.2 kboepd in FY25. During the first nine months of FY26, average output stood at 89.1 kboepd—below the 95-100 kboepd guidance given by the company at the beginning of the year.To be sure, falling production at ageing blocks is a problem endemic to the oil and gas sector, with peers like Reliance Industries and Oil and Natural Gas Corp.

Subscribe to enjoy similar stories. MUMBAI : The business of smelling good is now booming in India, thanks to men. Sales of premium and luxury perfumes are rising steadily, with men emerging as the biggest growth drivers in the category, according to industry executives and data shared with Mint.

India opened its space sector to private players at a time of covid paralysis. Since then, some progress has indeed been made. Poised for a breathtaking leap into space, however, might be China.In the last week of December, Beijing notified the UN’s International Telecom Union of its plan to put over 200,000 satellites in orbit within a decade.

Subscribe to enjoy similar stories. Netflix and Paramount Skydance have both sweetened their offers for Warner Discovery Bros. over the past month.

Subscribe to enjoy similar stories. India's top auto part makers are rushing to add more capacity, after the September cut in goods and services tax (GST) sparked a scramble for cars, scooters and sport utility vehicles. Component makers such as Tata AutoComp Systems Ltd, Bosch Ltd, Belrise Industries Ltd, Uno Minda Ltd and Bosch Ltd have either kicked off capacity expansion plans or are evaluating them, as demand rises for wheels, seating systems, and electric vehicle components.

Subscribe to enjoy similar stories. Like a nonagenarian on a ventilator, the most significant arms-control treaty of the last half century quietly expired last week. Those who were responsible for keeping it alive—septuagenarians and octogenarians all—shrugged: ‘What’s to be done, it’s time had come.’ In the salacious excitement of the Epstein revelations of naughty A-lister names, the death of the most meaningful collective security agreement of our lifetime and what it implies barely merited headlines.

Subscribe to enjoy similar stories. MUMBAI : French concessions and construction company Vinci SA is nearing a $2 billion deal for Indian road assets owned by Australian asset manager Macquarie Group, paving the way for its return to the country after 11 years, two people aware of the matter told Mint. Macquarie launched the sale of its highway assets housed under Safeway Concessions Pvt.

Subscribe to enjoy similar stories. CORTINA D’AMPEZZO , ITALY : Lindsey Vonn leaned into the gate on Sunday, staring down at a Cortina downhill course that she knew by heart. She took a deep breath and stomped her skis.

Subscribe to enjoy similar stories. The Centre has stepped in to resolve the green power quagmire of surplus production and insufficient transmission, following sweeping production cuts at solar and wind farms. The curtailment offers a temporary fix and keeps the grid stable, but results in steep losses for the developers, and threatens to derail India's ambitious green energy trajectory.

Subscribe to enjoy similar stories. If you could safely implant a chip in your brain to enhance your intelligence, would you? Some of Silicon Valley’s most powerful technologists want that future, including Elon Musk, who recently said he would ramp up production of his Neuralink brain chips this year as part of a noble effort to ensure humans can keep pace with superintelligent AI systems that might one day go awry.

Subscribe to enjoy similar stories. A Journey in one of Pony.ai’s robotaxis is, in some respects, a familiar experience for anyone who has ridden in a cab in China. For one thing, the horn honks just as often.

Subscribe to enjoy similar stories. OpenAI is laying the groundwork for a public listing in the fourth quarter of this year, people familiar with the matter said, accelerating its plans as competition with rival Anthropic intensifies. The $500 billion startup is holding informal talks with Wall Street banks about a potential public listing, people familiar with the matter said, and is growing its finance team.

Subscribe to enjoy similar stories. SpaceX resisted going public for years. Then came the rise of artificial intelligence.

Subscribe to enjoy similar stories. For many would-be marathoners, January seems as good a time as any to dust off their trainers and begin the journey to running 26.2 miles (42km). To hit a goal time or even just complete the race without injury, runners need to follow a training plan.

Subscribe to enjoy similar stories. BRUSSELS—European leaders racing to respond to the threat of U.S. tariffs for opposing President Trump’s plan to take control of Greenland have an arsenal of options, including trade retaliation, reducing defense ties and a “bazooka" to defend against economic coercion.

Subscribe to enjoy similar stories. NEW DELHI: Moglix is sharpening its enterprise technology pitch as India’s business-to-business (B2B) e-commerce race enters a decisive phase. The Alpha Wave Global-backed unicorn on Wednesday unveiled Cognilix, an artificial intelligence (AI)-led operating system for B2B commerce and procurement, alongside a planned $5 million investment in vertical-specific AI products, signalling a push beyond marketplace economics.