Pictured here is Moonshot AI’s Kimi chatbot displayed on a smartphone. Bloomberg | Bloomberg | Getty Images BEIJING — An Alibaba-backed AI startup is currently being valued at $4.8 billion in a fresh funding round, two people with knowledge of the deal said, just weeks after it was valued at $4.3 billion. Moonshot AI is the…
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The Congressional Budget Office has lowered its projection of how much President Donald Trump’s tariff increases will reduce US budget deficits over the next decade. The non-partisan agency now expects the duties to cut deficits by $3 trillion through 2035, down from the $4 trillion estimated in August, as per news agency Reuters.According to the…
The Centre has completed the implementation of the four new labour codes by notifying the corresponding rules, more than five years after the reforms were first introduced to replace and consolidate 29 existing labour laws, PTI reported.The four codes — the Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and…
Check out the companies making the biggest moves in midday trading: Dominion Energy — The energy company’s shares fell nearly 5% after the Trump administration halted five East Coast wind projects, including Dominion Energy’s Coastal Virginia Offshore Wind, the largest project of its kind in the U.S. Maplebear — The Instacart parent’s stock fell more…
As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership. Source link
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India’s economic expansion is increasingly extending beyond its largest metropolitan centres, with several districts in northern and eastern states emerging as new hubs of activity, even as established metros continue to dominate overall rankings, according to a new report.The findings are based on the City Vitality Index (CVI), Q1 2026, released by Dun & Bradstreet,…
NEW DELHI: Kerala will count votes for its 140-member assembly on May 4, with the results expected to determine whether the CPM-led Left Democratic Front (LDF) can retain power for a third consecutive term or if the Congress-led United Democratic Front (UDF) can reclaim the state after a decade in opposition. The election has also…
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