Gold fell sharply as rising oil prices heightened inflation concerns and strengthened expectations for tighter monetary policy. A firmer dollar and increasing Treasury yields contributed to the decline in gold prices. Spot gold reached its lowest level since early August,…
Read More
US stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncertainty surrounding a potential Iran war peace deal negotiations. Federal Reserve officials hinted at possible interest rate hikes if…
Read More
OpenAI has decided not to release its next-generation AI model, GPT-6.1 Astra, initially set for launch. Internal testing revealed that the model did not meet the required safety and alignment standards. The cancellation comes as industry leaders urge for a…
Read More
According to Meta, the expansion relies on collaboration across its ecosystem, noting that establishing the platform happens through partnering with different industry stakeholders.
Read More
The finance ministry has sought feedback from banks on their use of AI-driven loan collection tools to assess adoption and customer-protection practices. Most banks are using AI for borrower engagement and repayment, while only a few have implemented conversational AI…
Read More
The Reserve Bank of India (RBI) is watching the developments unfolding at Tata Sons even as it awaits an official word from the company on the plans for compliance as an upper layer NBFC.
Read More