AGI Dream ‘Meaningless’: Godfather Of AI

‘We could well be in a world where AI already has these dangerous capabilities and that is why there is a need for careful scientific evaluation to determine the risk and capabilities of these machines.’ Kindly note that this illustration

India’s forex kitty jumps $8.66 bn to record $725.72 bn

The previous all-time high of $723.77 billion was touched in January. Illustration: Dado Ruvic/Reuters Key Points The overall forex reserves dropped $6.71 billion Value of the gold reserves surged by $4.99 billion India’s reserve position with the IMF was also

Auto Buy Tata Motors delivers a knock-out Punch.ev

With its Battery-as-a-Service (BaaS) model Tata Motors just redrew the EV battle lines, says Rajesh Karkera/Rediff.com Since the first Punch.ev hit our roads in early 2024, it has been a game-changer for first-time EV buyers. But on Froday, Tata Motors

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

This fear has led to valuation derating, with price-to-earnings multiples compressing as analysts lowered both near-term earnings growth estimates and long-term terminal growth assumptions in their discounted cash flow models. Illustration: Dado Ruvic/Reuters Key Points FPIs sold IT stocks worth

RPP Infra jumps 7% after ₹206 crore Chennai Global Sports City order

Shares of RPP Infra Projects Ltd rose over 7% during the day after the company informed exchanges that it had received a new work order worth ₹205.89 crore from the Sports Development Authority of Tamil Nadu for the development of

Rupee posts steepest weekly fall in a month, ends near 91 per US dollar

The Indian rupee slipped on Friday to post its steepest weekly fall in a month as likely portfolio outflows and lingering geopolitical tensions weighed on the currency, pushing it close to the 91-per-dollar mark. The rupee closed at 90.9825 per

AI Democracy Needs India: OpenAI

‘This is a technology that will particularly benefit those who want to take agency over it’. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes.   Key Points OpenAI has 100 million users in

States’ fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

The 16th Finance Commission has excluded SASCI transfers while estimating states’ fiscal deficits and has recommended capping the deficit at 3 per cent of gross state domestic product for individual states. Illustration: Dominic Xavier/Rediff Key Points Ind-Ra expects the revenue

Valeo’s India play: Rs 2,150 cr investment, 3x sales by 2028

Valeo manufactures electric motors, inverters, onboard chargers, DC-DC (direct current-to-direct current) converters, battery cooling systems, parking sensors, cameras, and radar-based driver-assistance systems. Photograph: Steve Marcus/Reuters Key Points It operates six manufacturing facilities across Chennai, Pune, Sanand, and Gurugram Currently, only

Mukesh Ambani’s Reliance Jio to Invest ₹10 Lakh Crore in AI

Mukesh Ambani’s Reliance Jio is set to invest Rs 10 lakh crore in artificial intelligence, aiming to democratisze AI access and build a robust compute infrastructure for India. Photograph: ANI Photo Key Points Mukesh Ambani announces a Rs 10 lakh

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