SAN FRANCISCO — ChatGPT maker OpenAI has announced its foray into the search market dominated by Google, with launching SearchGPT which is an AI-powered search engine offering real-time access to information across the web. The Sam Altman-run company said it is testing SearchGPT, “a temporary prototype of new AI search features that give you fast […]
Biz-Tech
J&K Bank wins ‘Outstanding Performance Award’ for agriculture financing
SRINAGAR — J&K Bank has been recognized for its outstanding contributions in two critical areas, receiving the ‘Outstanding Performance Award’ for agriculture financing at the 15th Agriculture Leadership Conclave and the ‘Award of Excellence’ for enrolling the maximum number of APY beneficiaries under the ‘Mission Upgrade’ campaign of the Pension Fund Regulatory & Development Authority […]
Gold surges 12 pc year-to-date, outperforming major asset classes: WGC
NEW DELHI — Exhibiting remarkable performance, gold rose by 12 per cent year-to-date, outpacing most major asset classes, the World Gold Council said in its Gold Mid-Year Outlook 2024. It noted that the surge has been driven by continued central bank buying, robust Asian investment flows, resilient consumer demand, and ongoing geopolitical uncertainties. Looking ahead, […]
Vodafone Idea to raise mobile tariff by 11-24 pc from July 4
NEW DELHI — Loss-making telecom operator Vodafone Idea will raise mobile tariffs across the board by 11-24 per cent from July 4, according to a company statement. Vodafone Idea (Vi) follows the tariff hike stage set by Reliance Jio on Thursday. Reliance Jio and Bharti Airtel will roll out increased mobile service rates from July […]
Bharti Airtel announces 10-21 pc hike in mobile tariffs from July 3
NEW DELHI — Bharti Airtel on Friday announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase in rates. Airtel, in a release, said that the revision in mobile tariffs will be effective from July 3. “We have ensured that there is a very modest price […]
Jio to raise mobile services rates by 12-27 pc from July 3
NEW DELHI — The country’s top telecom operator Jio will increase mobile services rates by 12-27 per cent from July 3, according to a company statement. This is the first hike in mobile services rates by Jio after a gap of about two-and-a-half years. “The introduction of new plans is a step in the direction […]
WhatsApp exports your user data every night: Elon Musk
NEW DELHI — Tesla and SpaceX CEO Elon Musk on Saturday slammed Meta-owned WhatsApp for allegedly exporting users’ data every night. An X user posted that WhatsApp exports user data nightly, which is “analysed and used for targeted advertising, making users the product, not the customer”. Musk replied that “WhatsApp exports your user data every […]
X platform now has 600 million monthly active users: Elon Musk
NEW DELHI — Tesla CEO Elon Musk on Friday said that his X social media platform has reached 600 million monthly active users (MAUs). Musk, who acquired the platform in 2022 for $44 billion, is making it an “everything app” where people can post movies and TV shows and also make digital payments. “X has […]
Paytm app will keep working beyond Feb 29: Vijay Shekhar Sharma
NEW DELHI — Paytm’s associate Bank recently received the Reserve Bank of India’s (RBI) directions in response to which Paytm’s Founder and CEO Vijay Shekhar Sharma assured users that Paytm app will continue to work beyond February 29. In a tweet, Vijay Shekhar Sharma said: “To every Paytmer, Your favourite app is working, will keep […]
RBI asks Paytm Payments Bank to stop almost all services after Feb 29
MUMBAI — In a major action against Paytm Payments Bank (PPBL), the Reserve Bank on Wednesday directed the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTTags and other instruments after February 29. However, any interest, cashbacks, or refunds may be credited back to customers anytime. The direction follows persistent non-compliances […]