NEW DELHI: Government has started to assess potential risks from advanced artificial intelligence (AI) models, such as Anthropic’s Mythos, with finance minister Nirmala Sitharaman and IT minister Ashwini Vaishnaw chairing a high-level meeting on Thursday with banks and regulators to review emerging threats from AI models.The meeting was attended by senior officials from the Reserve…
According to independent metals trader Tai Wong, fears surrounding the fragile geopolitical situation have rattled broader financial markets. “The US and Iran are engaged in a dangerous standoff, raising concerns that the ceasefire could collapse at any moment. That possibility has driven crude oil sharply higher, putting pressure on a range of assets, including gold,”…
File photo (Picture credit: AP) Asian markets slipped on Thursday after briefly hitting record highs, as rising oil prices and uncertainty over US-Iran peace talks dampened investor sentiment.Japan’s benchmark index surged past a historic milestone before reversing course. The Nikkei 225 briefly crossed the 60,000 mark for the first time, touching 60,013.98, but later fell…
File photo (Picture credit: AP) Asian markets slipped on Thursday after briefly hitting record highs, as rising oil prices and uncertainty over US-Iran peace talks dampened investor sentiment.Japan’s benchmark index surged past a historic milestone before reversing course. The Nikkei 225 briefly crossed the 60,000 mark for the first time, touching 60,013.98, but later fell…
MUMBAI: More than half of young Indians, in the age group 24 to 34, who buy health insurance drop out within the first three years, exposing a structural weakness in policy retention.According to a Niva Bupa health insurance survey, 55% of policyholders in the age group who let policies lapse do so within three years…
NEW DELHI & BENGALURU: Shares of HCLTech fell nearly 11% on BSE on Wednesday after the company issued a softer-than-expected outlook following a muted March quarter performance.Responding to concerns around a 2–3% annual deflation driven by AI, CEO C Vijayakumar said the company has largely offset the impact of deflation in its traditional services business,…
MUMBAI: Two years after one of India’s most storied business dynasties, Godrej Group, split, Godrej Industries Group (GIG) is targeting 15% annual growth over five years and preparing to list more businesses as incoming chairman Pirojsha Godrej charts its next phase.GIG, with sales of Rs 57,300 crore, also plans to expand a nascent pet care…
“Indian equity markets are expected to open on a weak to negative note on Thursday (23rd April 2026), tracking sharp weakness in GIFT Nifty and cautious global cues. GIFT Nifty is currently trading around 24,200, down by nearly 160 points, indicating a gap-down start for domestic benchmark indices. The decline reflects profit booking after the…
MUMBAI: The minutes of the April meeting of the Monetary Policy Committee (MPC) reveal a panel that was deeply concerned about the downside risks to growth emanating from the West Asia conflict, even as it remained uniformly confident about the resilience of India’s macro fundamentals leading to the unanimous decision to hold rates.Governor Sanjay Malhotra…
Oil prices slipped slightly on Thursday after strong gains in the previous session, as investors weighed stalled peace talks between Iran and the United States and ongoing restrictions on key shipping routes, including the Strait of Hormuz.Brent crude futures fell 15 cents to $101.76 a barrel, after crossing the $100 mark for the first time…