Feedback | Wednesday, January 22, 2025
January 22, 2025 5:44 PM
The $500 billion Stargate Project, a brainchild of OpenAI, Softbank, Oracle, and others, presents a golden opportunity for India to accelerate its AI ambitions by deepening partnerships with the US, industry experts said on Wednesday. This can be achieved by leveraging India’s role in the Critica...
January 22, 2025 5:33 PM
The Indian stock market experienced significant movement on Wednesday, as benchmark indices Sensex and Nifty recovered in the latter half of the day after concerns over potential US trade tariffs eased. At the close of trading, the BSE Sensex rose by 566 points, or 0.75%, to close at 76,404.99. The...
January 22, 2025 1:19 PM
Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday. This comes after Reuters and other media reported earlier in January that Anthropic was nearing a $2 billion fundraise in a round, led by Lightspeed Venture Partners, va...
January 22, 2025 12:36 PM
In a bid to enhance the competitiveness of India’s diamond industry, the Union government has introduced the Diamond Imprest Authorization (DIA) Scheme for the duty-free import of natural cut and polished diamonds. Set to take effect from April 1, the DIA Scheme offers a streamlined process to fa...
January 22, 2025 10:46 AM
U.S. President Donald Trump on Tuesday announced a private sector investment of up to $500 billion to fund infrastructure for artificial intelligence, aiming to outpace rival nations in the business-critical technology. Trump said that ChatGPT's creator OpenAI, SoftBank and Oracle are planning a jo...
January 21, 2025 8:22 PM
Andhra Pradesh Chief Minister N. Chandrababu Naidu underscored India’s rapid emergence as a global economic powerhouse during a CII special session at the World Economic Forum (WEF) 2025. Speaking on Tuesday, Naidu highlighted that by 2027, India is projected to contribute the highest incremental ...
January 21, 2025 5:25 PM
Rajan Bharti Mittal, Vice Chairman of Bharti Enterprises on Tuesday said that India’s global image, both economically and politically, is on the rise, and the country cannot be ignored. “I've been coming here for many years, and I can tell you with every visit, India's image globally, economica...
January 21, 2025 4:15 PM
The Indian stock markets experienced a sharp decline on Tuesday, driven by global jitters surrounding US President Donald Trump’s second term, marked by his signing of executive orders and warnings of steep trade tariffs. The Sensex fell by 1,235 points (1.6%) to close at 75,838, while the Nifty 5...
January 21, 2025 3:49 PM
India is projected to account for 16% of global consumption by 2050, up from 9% in 2023, according to a report by McKinsey Global Institute titled "Dependency and Depopulation: Confronting the Consequences of New Demographic Reality." By 2050, only North America, with a projected 17% share, will su...
January 21, 2025 12:38 PM
President Donald Trump will use the US oil reserves as a weapon to assert its power and prevent both friends and foes from “pushing it around.” “We're not going to let any nation, whether friendly or unfriendly, push us around from any standpoint, including the economy because we have somethi...
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