Report says OpenAI discussed giving the Trump administration a 5 per cent stake amid growing scrutiny of AI firms OpenAI has reportedly considered giving the Trump administration a 5 per cent stake in the company as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans should share…
The EPF Scheme, 2026 replaces the Employees’ Provident Funds Scheme, 1952. (AI image) For millions of salaried employees in India, the Employees’ Provident Fund (EPF) remains one of the most important financial safety nets. It helps build retirement savings, provides support during emergencies and serves as a long-term social security benefit that continues throughout an…
Sensex Today Live: ‘Technical setup remains positive with a bullish undertone’ “Indian equity markets are expected to open on a positive note, with Gift Nifty trading at 24,205, up by 120 points. However, broader Asian markets are witnessing weakness in early trade, with sharp declines seen across major indices including the Nikkei 225 and KOSPI…
Top stocks to buy today (AI image) Top stock market recommendations: REC, Oberoi Realty, and Home First Finance Company India have been recommended by Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth Management as top stocks to buy on July 2, 2026. He has also shared his views on Nifty and…
The portal is still unavailable even though official notice says services to be restored by July 2 00:00 hours The Employees’ Provident Fund Organisation (EPFO) has temporarily suspended several online services to carry out a planned database consolidation and software upgrade aimed at improving the speed, reliability and security of its claims processing system.According to…
NEW DELHI: India’s smart TV market may have slipped into reverse in the first quarter of 2026, but the ongoing FIFA World Cup is emerging as an important catalyst for premium television sales. Brands are reporting a sharp surge in demand for larger screens, despite broader consumer caution.According to Counterpoint Research, India’s smart TV shipments…
NEW DELHI: GST collections rose 13.9%, fastest pace in eight months, to Rs 1,94,812 crore on sharp growth in the mop-up from imports due to a spike in international prices of crude, fertiliser and other commodities.Latest data showed that in June, for transactions undertaken in May, IGST on imports shot up nearly 35% to over…
BENGALURU: Persistent Systems’ $1.5-billion bridge financing from Barclays for its proposed acquisition of German IT firm Nagarro is the latest sign that Indian IT companies are increasingly comfortable using debt to fund transformative acquisitions. This marks a departure from the industry’s long-standing preference for cash-rich, debt-free balance sheets.The financing, backed by a corporate guarantee of…
NEW DELHI: Peak temperatures and the sweltering heat this year have delivered a windfall for consumer brands, with quick-commerce platforms driving robust growth in heat-linked categories.As temperatures climbed across the country, demand for products ranging from ice creams and beverages to sunscreens more than doubled year-on-year in May as consumers sought relief from the relentless…
CHENNAI: Private equity and venture capital (PE-VC) investments fell 5% year-on-year during the Jan-June period of CY2026 to $17.5 billion, compared with $18.4 billion in the corresponding period of CY2025. PE-VC investments, excluding those in the real estate sector, remained flat at $1.9 billion in June 2026, according to data released by research firm Venture…
