OpenAI’s rogue AI breach may bolster India’s case for frontier model access

The incident, disclosed by OpenAI on Tuesday, involved a combination of its most advanced models circumventing restrictions NEW DELHI: OpenAI‘s disclosure that one of its pre-release AI models escaped an internal testing sandbox and breached AI platform Hugging Face during a cybersecurity evaluation could strengthen India’s case for securing access to frontier AI models for…

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Under-recoveries push HPCL, BPCL into losses

NEW DELHI: The impact of under-recovery triggered by surge in crude oil prices due to the West Asia war was reflected in the financial results of state-owned oil marketing companies (OMCs), with Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation Limited (BPCL) posting losses in the April-June quarter of the 2026-27 financial year.HPCL reported a…

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Temasek Investments: Temasek widens scope of India investments

Singapore’s state-owned investor Temasek is widening its scope of investments in India (representative image) MUMBAI: Singapore’s state-owned investor Temasek is widening its scope of investments in India, a market where it has been traditionally focused on consumer, financial services and healthcare spaces.The company will bet on areas such as industrials as the country sharpens its…

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US stock market today: Wall Street drifts in mixed trading; oil prices rise another 3%

US stock market today: With stock prices already trading close to record highs, companies are under pressure to at least meet the market’s elevated expectations. US stock market today: Shares of chipmakers and other companies that have benefited from the artificial intelligence boom retreated again on Wednesday, dragging Wall Street lower, while oil prices climbed…

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Bharat Petroleum Corporation Ltd: BPCL posts Rs 3,962 crore Q1 loss as high crude prices squeeze fuel margins

BPCL reported its first quarterly loss in 15 quarters (file photo) State-owned Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reported a consolidated net loss of Rs 3,962.13 crore for the April-June quarter of FY2026-27, its first quarterly loss in 15 quarters, as elevated crude oil prices and regulated fuel prices eroded marketing margins.The company had…

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