Business

New Delhi: OpenAI Monday introduced an India-first initiative that aims to empower educators with AI tools and training, as it announced a new research collaboration with IIT Madras, backed by USD 500,000 in funding from the ChatGPT-maker. The push on education comes at a time...

Bikaner: The Indian Air Force's MiG-21 fighter jets, the backbone of its combat fleet for over six decades, made their last operational flights at the Nal Air Force Station in Bikaner, a month ahead of the formal retirement ceremony to be held in Chandigarh September...

Mumbai: Reserve Bank Governor Sanjay Malhotra Monday said that corporates and banks need to come together to boost investments amid challenges emanating from tariff uncertainties and geopolitical concerns, stressing that the central bank has not lost sight of growth objectives. Speaking at the annual Fibac...

Mumbai: Benchmark indices rebounded Monday, with the BSE Sensex climbing 329 points, tracking a rally in global equity markets, on hopes of a potential US Federal Reserve rate cut. Buying in IT stocks were also instrumental in driving the markets higher. The 30-share BSE Sensex...

New Delhi: Fantasy sports company Dream11 is no longer the title sponsor of the Indian cricket team, and the Board has initiated the process to find a replacement, which is unlikely to be finalised in time for next month's Asia Cup. As reported by the...

Bhubaneswar: The Civil Aviation Ministry will restart seaplane operations on at least two routes in India by October, Union Minister Ram Mohan Naidu said in Bhubaneswar Monday. Addressing the Eastern Region Civil Aviation Ministers' Conference, Naidu said, "Seaplane operation was there once, but it was...

New Delhi: Fitch Ratings Monday affirmed India's sovereign rating at 'BBB-', with a stable outlook, saying a strong record of delivering growth and improving fiscal credibility will drive improvements in structural metrics. "India's ratings are supported by its robust growth and solid external finances," Fitch...

Bhubaneswar: Airports Authority of India (AAI) Monday opened a Udaan Yatri Café with affordable food and beverage options for travellers at the Biju Patnaik International Airport in Bhubaneswar. Civil Aviation Minister Rammohan Naidu Kinjarapu inaugurated the facility in the presence of MoS Civil Aviation Murlidhar...

New Delhi: India and Fiji Monday firmed up a broad action plan to expand their defence ties following Prime Minister Narendra Modi's extensive talks with his Fijian counterpart Sitiveni Ligamamada Rabuka. India and Fiji may be oceans apart, but our aspirations sail in the same...

New Delhi: Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a USD 7-8 billion valuation for its IPO, sources said. The company is expected to approach its board with the proposal next week, people familiar with...