The government on Tuesday dismissed rumours suggesting that it is planning to monetise gold held by temples and religious institutions across the country. The clarification came after several social media posts and media reports claimed that the Centre was preparing to issue gold bonds to temples in exchange for their gold reserves. Responding to the…
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Standard Chartered on Tuesday announced it would cut more than 15% of its corporate functions roles by 2030, while setting higher medium-term profitability targets. The workforce reduction is part of the lender’s efforts to raise income per employee by around 20% by 2028, StanChart said. According to its 2025 annual report, corporate function roles include employees in human…
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NEW DELHI: Congress on Tuesday upped the ante against Prime Minister Narendra Modi-led central government after petrol and diesel prices were hiked by around 90 paise per litre, marking the second fuel price increase in less than a week following the end of a nearly four-year freeze by state-run oil companies.Sharing a post on its…
Rupee continued its downward journey against the US dollar on Tuesday morning, falling 18 paise to 96.38 in early trade. This comes amid concerns around rising crude oil prices and ongoing Middle East tensions, that dragged down market sentiment.Since the Iran war began in late February, rupee has declined by more than 5%, trimming 2.2%…
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New Delhi: India has become one of the fastest-growing markets for AI-generated visuals, with users creating more than one billion images using ChatGPT Images 2.0 within weeks of its rollout, according to OpenAI chief executive Sam Altman.Sharing the update on X, Altman said it was “awesome to see” the scale at which Indian users were…
