US President Donald Trump on Wednesday said he expects major artificial intelligence companies to agree to “giving back” to the public, suggesting a model that could involve a government stake or public benefit mechanism tied to AI industry gains, as per Reuters.Speaking at the White House Oval Office, Trump said he would soon meet top…
NEW DELHI: US President Donald Trump on Wednesday congratulated Prime Minister Narendra Modi for becoming the longest serving elected Prime Minister of India. In a Truth Social post, Trump said that PM Modi is “strong, healthy and wise man” and will have many years of “greatness and success” ahead of him. “Congratulations to my friend,…
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The Coinbase-backed group Stand With Crypto UK called on its 286,000 members to file formal complaints against British retail banks over blanket restrictions on crypto transactions, it announced Wednesday. The campaign is a demonstration against country-wide bank rules that block or cap customer transfers to exchanges, including those registered with the Financial Conduct Authority (FCA),…
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Oil prices have surged since Iran’s closure of the Strait of Hormuz and the subsequent US naval blockade of Iranian ports, yet crude has stopped well short of the $200-a-barrel levels many analysts once feared. According to maritime intelligence firm TankerTrackers, one key reason is the emergence of alternative shipping networks that are allowing oil…
India’s equity market has been “over-punished” for lacking a direct artificial intelligence (AI) play and for its exposure to rising oil prices, according to BlackRock, which said record foreign outflows and a tougher macroeconomic environment have not undermined the country’s medium- to long-term investment prospects.Natasha Sarkaria, EMEA investment strategy lead of wealth at BlackRock, was…
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Baby food (AI representational) The Food Safety and Standards Authority of India (FSSAI) has confirmed that there is no new regulation mandating zero added sugar in infant foods.TOI’s queries on media reports that FSSAI had constituted a committee to assess whether added sugar ought to be allowed in infant food products did not elicit any…
