OpenAI cuts valuation target to $1.25 trillion as investors push back on $1.4 trillion price (File Photo) OpenAI has reportedly lowered its valuation target to $1.25 trillion from $1.4 trillion after some investors expressed reservations about the higher price. The ChatGPT developer is working to…
Category: Business
Stock Market Today (October 23): Why Did Sensex Slump Over 600 Points? Key Reasons Behind Market Decline
Stock Market Today (October 23): Why Are Sensex, Nifty Falling? Key Reasons Behind Market Decline After opening higher, stock markets witnessed a sharp sell-off on Friday, October 23, with the Sensex falling over 600 points within two hours of the trading day. What weighed on…
DA Hike 2026: Will Central Govt Employees Get A Diwali Gift? Upcoming Cabinet Meeting In Focus
There is no official confirmation on the date for the second DA hike this year. (File Photo) Central government employees and pensioners are waiting for an update on the July 2026 dearness allowance (DA) hike after the Union Cabinet meetings held on October 14 and…
ICICI Bank Charges To Change From December 1, 2026: Check The New Fees
ICICI Bank has updated the service charges. (File Photo) ICICI Bank customers will have to pay as per the revised service charges from December 1, 2026, following a change announced through an email communication. The updated fee structure covers demand drafts, cash deposits and withdrawals…
India’s Private Sector Growth Hits 4-Month High In October; Hiring Slows
Composite PMI for the private sector. (File Photo) India’s private sector activity gathered momentum in October, reaching its highest growth rate since June as businesses benefited from stronger demand in manufacturing and services. However, the improvement in output and new orders did not translate into…
SBI Cyber Incident: ‘Bank Has Individually Informed All Customers Whose Data Was Involved’
SBI Cyber Incident: ‘Bank Has Individually Informed All Customers Whose Data Was Involved'(Image Source: iStock) State Bank of India has said the bank has individually notified all customers whose data was identified as being involved in the recent cyber incident. The bank said customers have…
Jio IPO Creates Global Record, Attracts Over 1 Crore Applications
Mukesh Ambani’s $3.2 billion telecom IPO has drawn strong interest from institutional and retail investors, employees and shareholders. (File Photo) Jio Platforms’ initial public offering (IPO) has set a global benchmark, becoming the first public issue to attract more than one crore applications, news agency…
Tata Trusts Feud: Parsi Religious Bodies Step In, Write To PM Modi Over Governance Concerns
Tata Trusts Feud: Parsi Religious Bodies Step In, Write To PM Modi Over Governance Concerns Six Parsi and Zoroastrian community organisations from India and overseas have written to Prime Minister Narendra Modi and expressed concerns over recent governance developments and emphasised the importance of preserving…
FinMin Nirmala Sitharaman Chairs 30th FSDC Meeting In Delhi; RBI Governor, SEBI Chief Attend
Finance Minister Nirmala Sitharaman (Image Source: X/Finance Ministry) Union Finance Minister Nirmala Sitharaman chaired the 30th meeting of the Financial Stability and Development Council (FSDC) in New Delhi on Friday, bringing together the Reserve Bank of India (RBI) Governor, financial sector regulators and senior government…
EXCLUSIVE | PhonePe Insurance Sees 123% Surge In New Vehicle Insurance Policies On Maha Navami, 1.5X Festive Growth
EXCLUSIVE | PhonePe Sees 123% Surge In Vehicle Insurance Policies On Maha Navami, 1.5X Festive Growth PhonePe Insurance has reported 1.5x year-on-year growth in vehicle insurance policy issuances on its platform during the festive season, indicating an increase in festive-period demand among its customers. In…