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As Finance Minister Nirmala Sitharaman gears up to present the first comprehensive budget of the Modi 3.0 government on February 1, the nation anticipates a roadmap for transformative growth. The Union Budget 2025-26 is expected to outline a strategic economic vision for the next five years, focusing on fiscal stability, reigniting domestic demand, boosting exports, attracting private investments, and refining tax structures to foster innovation and sustainable expansion.

OpenAI was founded as a lab in 2015 to take on the perceived dominance of Google in AI. Its meteoric rise over the last three years however made its dominance unchallengeable. But, Chinese LLM maker DeepSeek’s launch of its reasoning model R1 last week has challenged not just the dominance of OpenAI but has also questioned America’s supremacy in the global AI race.

Subscribe to enjoy similar stories. New Delhi: Private fuel retailers are cutting prices and eating into the market share of their public sector peers, passing on the benefit of cheaper Russian crude oil to their customers. While government-owned oil marketing companies (OMCs) that dominate fuel retailing in India have not touched prices since March 2024, Jio-BP and Nayara, which together control 97% of private fuel retail, have cut prices by as much as ₹5 in some regions.

Subscribe to enjoy similar stories. To weed out polluting vehicles older than 20 years from Indian roads, the highway ministry is considering a carrot-and-stick approach. It plans to double the incentives to nudge owners to replace them, and if that doesn’t work, order mandatory scrapping.

Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer

Princess of Wales has once again demonstrated her knack for wearing jewelry steeped in symbolism. On Monday, Kate Middleton attended a Holocaust Memorial Day service in London, where she unveiled a stunning vintage five-strand faux pearl necklace.

Atomicwork, has raised $25 million in a funding round led by Silicon Valley-based Khosla Ventures and Z47 (formerly Matrix Partners India).

Shareholders of Italian lender Mediobanca on Tuesday rejected a 13-billion-euro takeover offer from smaller domestic peer Monte dei Paschi, amid a ramp-up in consolidation bids in the Italian banking sector.

Lush, green plants have the power to transform a space, imparting character, warmth and charm

Subscribe to enjoy similar stories. Hathi Ram Chaudhary chews on information. A revelation made by someone he is questioning may well be a stick of sugarcane for his mental mastication.

DeepSeek model, bodes well for growing demand for SAP's AI services.

Alstom will be supplying traction components and other electrical equipment for Vande Bharat Sleeper trainsets. A company statement said Alstom has been awarded a contract worth €144 million (approximately Rs 1285 crore) for the crucial equipment used in 17 Vande Bharat Sleeper trainsets (408 cars/coaches). These systems will be supplied to Indian Railways’ Integral Coach Factory (ICF) in Chennai.

India vs England 3rd T20I LIVE Score: After winning the first two T20Is, the Indian team will aim seal the series in Rajkot in the third game against England on Tuesday. After steamrolling against the Jos Buttler-led side in Kolkata with much ease, the hosts needed a Tilak Varma magic to clinch a thriller in Chennai. All eyes will be on Mohammed Shami after the veteran pacer was declared completely fit by India's new batting coach Sitanshu Kotak.

Subscribe to enjoy similar stories. A demanding job that involved constant travel, long working hours, and a toxic work culture took a toll on 34-year-old Akshara Rawat’s health, a talent acquisition manager, from Dubai. “I’d moved to Bengaluru in my mid-20s and this chaotic lifestyle led to digestive issues, poor mental health, and sluggish workout recovery." After years of struggling to find a medical solution, Akshara found respite in 2021 when she consulted a functional nutritionist who helped her address the underlying gut problems she was facing.

Subscribe to enjoy similar stories. Javier Milei, Argentina’s president, spoke to The Economist on November 25th in Buenos Aires. The conversation, which was automatically translated, has been lightly edited for clarity.

Volvo Car AB a threat to US national security? Washington appears to think it might be, and the consequences could be profound for Chinese majority-owner Zhejiang Geely Holding Group Co., as well as car buyers everywhere.

RBI) infused Rs 1.5 lakh crore worth of liquidity into the banking system, sparking a rally in stocks of banks and NBFCs. Shares of HDFC Bank, AU Small Finance Bank, and IDFC First Bank surged around 3% each, while IndusInd Bank and ICICI Bank also rose by about 2%.

Seth R Freeman of GlassRatner Advisory & Capital Group, says yesterday showed some reaction to serious worries about Trump's tariff plans. It's still not clear which tariffs will be put in place immediately. He isn't starting them with China just yet. Instead, he is using the threat of tariffs to pressure Colombia into taking back Colombian migrants. There were issues with copper prices. Many commodities shipped to the US are moved around the globe first. Therefore, there is significant concern about the tariffs Did you download DeepSeek? Did you explore it? What does it mean for you? Were you able to get something which is better than ChatGTP? Seth R Freeman: Well, I was a little too busy today, but it is amazing how it is roiling the markets. Last night, my wife and I were visiting a friend who lives in Mountain View and it struck me, listening to your conversation today. In downtown Mountain View, the street is basically closed off to traffic like a mall with many restaurants and bars. Even on a Sunday evening, it was just packed with tech workers, many of whom for sure have been working on AI projects all day long.

«Actually, the growth rates are far better in the midcap and the smallcap. So, the India story is really happening in the midcap and smallcap. Just that the enthusiasm for these companies went up dramatically,» says Rajesh Bhatia, CIO, ITI MF. Why are markets falling the way they are falling? The mid and smallcap stocks are getting smoked. I mean, everyone says that look the correction was overdue. But if that was the case, then why is everybody feeling so remorse and so painful? I mean, if everybody knew this was coming, then why there is so much of agony and pain in the world? Rajesh Bhatia: So, it always happens that way. No risk in the market comes all of a sudden. People are always aware that the risk is building up. But the market then, it climbs a wall slowly, but when it comes down, it takes like the escalator route and that is really what is happening. It is nothing unique. Even in 2008, we knew that there was a real estate bubble that is building in the United States. People were shorting real estate in 2005, 2006. When did the market actually correct? In 2008. People knew that COVID was an issue in December of 2019. It was called COVID-19 if you remember. When did the markets fall? March of 2020. So, no risk comes very suddenly.

The NSE Nifty Smallcap 250 Index was on course to enter a bear market after losing more than 3% early in Tuesday’s session. It sank 3.7% on Monday.

Subscribe to enjoy similar stories. The metaverse is here, and it’s not only transforming how we see the world but how we participate in it—from the factory floor to the meeting room. Microsoft chief executive Satya Nadella’s post from three years ago resonates more strongly today than ever before. The metaverse is no longer a distant vision confined to gaming, fashion, or real estate.