The shake-up comes during a pivotal juncture for Google DeepMind: the flagship version of its latest Gemini model remains unreleased Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main managerial role and as several leaders of its Gemini model, including veteran engineer…
The incident took place on Tuesday as Marine One carried Trump from the White House to Andrews Air Force Base for the first leg of his West Coast trip The US Federal Aviation Administration (FAA) is investigating why a commercial aircraft was cleared for take-off from Ronald Reagan Washington National Airport while US President Donald…
The classification has gained attention after Tata Sons sought to de-register as an NBFC to avoid mandatory listing requirements MUMBAI: RBI governor Sanjay Malhotra indicated that Tata Sons continues to be on the list of upper layer NBFCs, even as the central bank is yet to release its updated classification based on revised principle-based criteria….
RBI noted that core inflation excluding precious metals stood at 2.3% to 2.5%, while headline inflation pressures were driven largely by supply-side factors MUMBAI: RBI raised its growth projections and lowered inflation estimates while the monetary policy committee voted unanimously to keep the repo rate unchanged at 5.25% and retain a neutral stance, signalling no…
A 20-year-old BBA student faces abduction and sexual assault charges. He is demanding luxury amenities and refusing police questioning. NAGPUR: The 20-year-old BBA student, arrested in the alleged abduction and sexual assault of a 16-year-old girl, has begun complaining about dingy walls and a stinking toilet in lock-up and demanded pizza for breakfast and premium…
Central bank is preparing to pilot the new currency substrate after securing govt approval for large-scale field trials MUMBAI: Polymer banknotes are likely to enter circulation at the beginning of FY28, RBI governor Sanjay Malhotra said, as the central bank prepares to pilot the new currency substrate after securing govt approval for large-scale field trials….
Former India batter Ajinkya Rahane has urged everyone to be patient with young opener Vaibhav Sooryavanshi, saying it is too early to predict his future in Test cricket. Rahane said the teenager should be allowed to grow, adding that the Indian Premier League and international cricket are “completely different.”The 15-year-old Sooryavanshi had a mixed start…
Sebi insists on creating better awareness among investing community in a meeting with brokers MUMBAI: Faced with teething troubles with the Closing Auction Session (CAS), officials at markets regulator Sebi on Wednesday interacted with representatives from large broking houses to understand the problems and asked them to make investors aware of the system. CAS is…
The new norms will impact all non-bank lenders, including housing finance companies and microfinance providers MUMBAI: RBI’s move to harmonise interest rate frameworks across regulated entities is likely to standardise loan pricing and improve monetary transmission while reducing the pricing discretion currently available to NBFCs.The move would mark a departure from the existing structure where…
Trump maintained that while he remains open to diplomacy US President Donald Trump said that the United States was on the verge of launching what he described as the “biggest attack since World War II” on Iran before Tehran reached out to seek talks. He claimed that the prospect of a massive military strike pushed…