CoreWeave, a publicly traded AI cloud infrastructure company, announced on Friday a “multi-year” agreement with AI developer Anthropic, which will use CoreWeave’s cloud computing data centers for its Claude AI model workloads. The agreement will be rolled out in phases, with the “potential to expand over time,” according to CoreWeave’s announcement. Shares of CoreWeave surged…
As tensions rise in Middle East and vessel safety in the Strait of Hormuz comes under renewed focus, the flag a ship flies has emerged as a key factor in maritime security, regulation and state protection.Flagging a vessel means it is registered with a country and must comply with that nation’s maritime laws and regulations….
The Reserve Bank of India has flagged emerging structural pressures in the insurance sector, warning that premium growth is increasingly being driven by high-cost, distribution-led strategies rather than improvements in operating efficiency, even as the sector remains stable in the near term, according to its latest Financial Stability Report.“While posing no near-term systemic risks, the…
Image used from reprsentative purposes NEW DELHI: The distress call from one of the Indian oil tanker’s that came under gunfire in the Strait of Hormuz on Saturday has surfaced after two India-flagged vessels, forcing multiple ships to abort transit and turn back.The audio from the captain of the India-flagged tanker, shared by ABC News…
MUMBAI: Nearly three years after splitting from its Silicon Valley parent Sequoia Capital, Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) has raised $1.3 billion for a clutch of funds to bet on startup founders building in India and the broader APAC region. The capital will be deployed across three funds–India seed, India…
The U.S. Securities and Exchange Commission (SEC) approved on Wednesday Nasdaq’s proposal to allow certain securities to trade in tokenized form, a significant milestone to integrate blockchain tech into U.S. equity markets. Nasdaq’s tokenization plan ties into a pilot run by the Depository Trust Company (DTC), which will handle clearing and settlement of tokenized trades….
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Swati Maliwal (Image/PTI) NEW DELHI: Rajya Sabha MP Swati Maliwal on Saturday recalled the alleged assault on her two years ago as she spoke publicly on the issue after joining the Bharatiya Janata Party (BJP). Maliwal claimed that she was ‘intimidated and threatened’ when she tried to file an FIR against the incident. Speaking to…
Representative image (AI-generated) The Income Tax Department on Tuesday issued a press release clarifying why several taxpayers have received emails and SMS alerts seeking a review of their tax deduction and exemption claims.The department urged taxpayers to review their deduction and exemption claims for the current assessment year and take corrective steps before the revised…
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