India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
New Delhi, October 22: OpenAI has introduced ChatGPT Atlas, an AI-powered web browser, sending shockwaves through the tech market. Following the announcement, Google parent Alphabet's market value reportedly dropped by USD 150 billion on Tuesday. It highlights a competitive challenge to the Google Chrome browser.ChatGPT Atlas combines browsing with AI capabilities, offering users assistance while navigating the web. Currently, the browser is available on macOS. The new browser aims to enhance the online experience by integrating AI-driven features into web navigation. ChatGPT Atlas enhances browsing by letting users to customise preferences and search for text, images, videos, and more. As per a report of The Times of India, Google parent Alphabet lost more than USD 150 billion following the OpenAI announcement of ChatGPT Atlas. ChatGPT Atlas Download: Is OpenAI's New AI-Powered Browser Available on iOS, Android and Windows? Know How To Download for macOS, Availability and Features. During the livestream of ChatGPT Atlas launch, Sam Altman stated, "We think AI represents a rare once-a-decade opportunity to rethink what a browser can be." As per reports, Following OpenAI's announcement, Alphabet's shares dropped by up to 4.8% to USD 246.15 within hours. However, the Google parent has recovered to close 2.4% at USD 250.46. ChatGPT Atlas announcement positions OpenAI as a competitor to Google, which has around 3 billion Chrome users globally. OpenAI has also integrated AI capabilities from its Gemini technology into its AI web browser. Sam Altman-run OpenAI said, "As you use Atlas, ChatGPT can get smarter and more helpful, too. Browser memories let ChatGPT remember context from the sites you visit and bring that context back when you need it." ChatGPT Atlas has been launched globally for macOS users for Free, Plus, Pro, and Go plans. The AI browser is available in beta for Business accounts, and Enterprise and Edu users can access it if their plan administrator enables the feature. OpenAI has confirmed that versions for Windows, iOS, and Android devices will be rolled out soon. ChatGPT Atlas Launched: OpenAI Unveils AI-Powered Browser on macOS to Challenge Google Chrome. ChatGPT Atlas comes with several features to enhance the browsing experience. The ChatGPT sidebar will allow users to summarise content, compare products, or analyse data from any website within the window. Additionally, in agent mode, ChatGPT can interact with websites on your behalf to perform tasks while remaining under your control.
In a historic move, U.S. Justice Department antitrust regulators are pushing for a court order that would force Google to sell its Chrome browser. This request follows a ruling in August, which determined that Google had unlawfully monopolized the search market. Additionally, the department aims to impose restrictions on Google's artificial intelligence practices and its Android operating system. This unprecedented legal action targets one of the world’s largest tech companies, marking a significant escalation in the U.S. government's efforts to curb monopolistic practices in the digital indus ...Read More >
Air India launched a Black Friday Sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. The sale is available through the airline's website and mobile apps. Additional savings are possible with waived convenience fees and specific payment methods. The airline continues offering student and senior citizen discounts.Air India on Friday launched a limited-time Black Friday Sale offering discounts of up to 20 per cent off base fares for domestic flights within India. The Tata-owned airlines will also offer up to 12 per cent off base fares ...Read More >
Air India is also offering additional discounts through various payment offers, so you can enjoy even more savings. Air India has launched its limited-time Black Friday Sale, offering up to 20 percent off base fares for domestic flights and up to 12 percent off on international flights to destinations like the United States, Europe (including the UK), Australia, Southeast Asia, and South Asia. The sale is available exclusively on Air India's official website and mobile apps for iOS and Android. The sale runs from 00:01 IST on 29 November 2024 to 23:59 IST on 2 December 2024. The travel peri ...Read More >
Nagpur: Forced or allured conversion is violence, and bringing tribal brethren back to their original fold is correction, said Rashtriya Swayamsevak Sangh (RSS) sarsanghchalak Mohan Bhagwat during the valedictory function of RSS' Karyakarta Vikas Varg-II at Hedgewar Smruti Mandir premises in Reshimbagh on Thursday.Bhagwat was responding to concerns raised by the chief guest, former Congressman and minister in Indira Gandhi's govt, Arvind Netam, who warned the gathering of swayamsevaks that widespread conversions threaten the identity and existence of India's tribal communities. "If this contin ...Read More >
Chennai: Hours before Union home minister Amit Shah was to arrive in Madurai, Thuglak editor and an associate of Shah, S Gurumurthy on Saturday met PMK founder S Ramadoss. The PMK leader, however, ruled out the possibility of meeting Amit Shah during his two-day visit to Tamil Nadu.Gurumurthy met Ramadoss for the second time amid reported tension within PMK regarding alliance strategies and insistence by Anbumani Ramadoss to remain party president. The hour-long meeting took place at the T Nagar residence of A K Vijay Mahesh, son of former Union minister and PMK leader A K Moorthy, sources sai ...Read More >
Mark Carney declined to answer if he believed Indian PM had a role in murder of Sikh activist Hardeep Singh Nijjar Canada's prime minister Mark Carney has defended his decision to invite India's prime minister Narendra Modi to the upcoming G7 summit in Alberta, despite Canada's federal police's conclusion that the murder of a prominent Sikh activist in British Columbia was orchestrated by the "highest levels" of the Indian government. Carney declined to answer reporters' questions over whether ...Read More >
New Delhi, Jun 26 (PTI) AI commerce startup ShopOS has raised USD 20 million (about Rs 171.4 crore) in investment from Binny Bansal's 3STATE Ventures. The Bengaluru-based firm will use the funding to accelerate platform development, scale its Product and Engineering team, and onboard more brand partners, according to a company statement. The startup is an AI-driven operating system designed for commerce. "ShopOS is building the commerce stack of the future with AI at its core. The potential for an AI-driven operating system to empower brands, particularly in navigating cross-border commerce ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Speaking at IIT Bombay's Techfest 2024, Mr Adani, the 27-year old younger son of infrastructure magnate Gautam Adani, said the future of technology is both scary and exciting. India cannot stay out of global technological race, said Jeet Adani. Mumbai: India cannot stay out of global technological race and should build capabilities that will keep it at the top while remaining vigilant against its misuse, said Jeet Adani, Director, Adani Airport Holdings Ltd. Speaking at IIT Bombay's Techfest ...Read More >
New Delhi [India], June 5 (ANI): External Affairs Minister S Jaishankar, in the presence of leaders of Central Asian countries, touched upon various business opportunities and complementarities between these respective economies on Thursday. Jaishankar suggested a few areas where India and Central Asian countries should collaborate to improve their economies. Jaishankar noted that India's trade and economic ties with Central Asia have actually shown a very strong positive trend over the last decade. However, he has also said that the trade figures do not reflect the full potential. Given th ...Read More >
New Delhi: India is set to overtake Japan to become the world's fourth-largest economy, but must not become complacent, as the country remains far behind Japan in GDP per capita terms, WEF's former MD Claude Smadja said. According to IMF data dated April 2025, India's GDP per capita of USD 2,878.4 is approximately 8.5 per cent of Japan's GDP per capita of USD 33,955.7, meaning Japan's per capita income is about 11.8 times higher than India's. "Yes, it (economy size) is a good indicator because it gives a notion of the economic weight of the country on the global balance. "No, it is not a go ...Read More >
LocalThunk and PlayStack's acclaimed roguelike sensation launched for iOS and Android devices in September. Balatro has probably been one of the year's biggest indie sensations, having not only enjoyed widespread acclaim from critics and audiences alike (including multiple nominations at The Game Awards), but also healthy sales across traditional platforms. In September, developer LocalThunk and publisher PlayStack also brought the game to iOS and Android, and since then, also seems to have been bringing in revenue on mobile platforms at a decent clip- at least in recent days. As per a repo ...Read More >
Trial conducted over a 118 km Boston metro route with 10 network hops and nine ROADMs. US wireless carrier Verizon has successfully tested the transportation of 1.6 terabits per second of data across a single wavelength on its live metro fiber network. Utilising Ciena's WaveLogic 6 Extreme (WL6e) coherent optical solution, the trial, conducted in Boston, demonstrated data travelling farther and faster across Verizon's fiber network. This upgrade enhances the network's ability to handle the workloads generated by artificial intelligence (AI) applications, particularly Generative AI, according ...Read More >
New Delhi: PwC India's report, titled Global Entertainment and Media Outlook 2024-28: India Perspective, brings promising insights into the country's showbiz industry. The report reveals that Indian entertainment and media industry is projected to surpass the global growth rate of 4.6 per cent by achieving a compound annual growth rate (CAGR) of 8.3 per cent. It is on its way to reaching a market size of Rs 365,000 crore (USD 44.2 billion) by 2028. So, where does India rank globally? The United States currently leads the market by revenue, followed by China. India, on the other hand, holds th ...Read More >
Mumbai, June 8 (UNI) A 'pucca Mumbaikar' Sunit Prakash and his Gujarat-rooted wife Lalita Kasanji - both dual New Zealand-Australia citizens - have been selected for the 'Members of the New Zealand Order of Merit' honour for services to the Information Technology industry and the Indian diaspora there. The Royal honours -- similar to India's top Padma national awards -- will soon be conferred on the Indian-origin couple by New Zealand Governor-General Dame Cindy Kiro, the representative of King Charles III of the United Kingdom. New Zealand recognises the British monarch as its head of state. ...Read More >
New Delhi [India], December 4 (ANI): The GSEC in Hyderabad will be the first of its kind in the APAC region after Tokyo and only the fifth globally, with similar facilities in Dublin, Munich, and Malaga, according to a statement. This GSEC is a specialised international cybersecurity hub designed to play a crucial role in developing advanced security and online safety products tailored for the Indian context. The centre will focus on cutting-edge research, AI-driven security solutions, and creating a collaborative platform for leading experts and researchers in cybersecurity. It also aims to ...Read More >
NewsVoir Mumbai (Maharashtra) [India], December 5: With the holiday spirit in the air, McDonald's India (West & South) is marking a significant milestone - the first anniversary of its widely loved global loyalty program, My M Rewards. To celebrate this journey of loyalty and love, McDonald's has launched an exciting new contest called Collect Quest, conceptualized and designed by OMD and DDB network teams. This initiative has been rolled out across various markets in Southeast Asia, to elevate customer engagement and transform dining into a thrilling adventure of rewards for its loyal fans. ...Read More >
Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors Also Read | US: Joe Biden Commutes Roughly 1,500 Sentences and Pardons 39 People in Biggest Single-Day Act of Clemency. The funds will be directed toward expanding operations across India, with a ...Read More >
The books for class 9-12 will be available from 2026-27. New Delhi: The National Council of Educational Research and Training (NCERT) has reduced the prices of books for classes 9 to 12 by 20 per cent. The decision was announced by NCERT Director Dinesh Prasad Saklani during an event held in the national capital on Monday. The reduction in the prices of books will be effective from the upcoming academic year. News agency PTI quoted the minister as saying that while the textbooks for classes 9- ...Read More >
Hyderabad: Realme has launched the Realme C73 5G smartphone in India. The budget handset comes with a 6.67-inch display with a 120Hz refresh rate, a MediaTek Dimensity 6300 chipset, 4GB of RAM, up to 128GB of storage, a 32MP dual-camera setup, and a 6000mAh battery. It has an IP64 dust and water resistance, and Rainwater Smart Touch. The Realme C73 5G runs Realme UI 6.0 based on Android 15. Alongside this handset, the Chinese brand has launched the Realme Buds T200x as well. The Realme Buds T200x features 12.4mm drivers, 25dB noise cancellation, and 48-hour playback. Realme C73 5G, Buds T200x ...Read More >
OnePlus has released a new OxygenOS 15 update (CPH2573_15.0.0.305) for the OnePlus 12, bringing promised AI features such as AI Retouch, clarity enhancement, unblur, and reflection removal for photos, along with AI Notes. The update also enables live photo sharing with nearby iOS devices and includes the November 2024 Android security patch. Currently rolling out in batches in India, the update will expand to North America, Europe, and global markets next week. The update enhances both functionality and security, delivering on OnePlus' commitment to improving user experience with innovative AI ...Read More >
The Chinese yuan was also facing its own challenges from the growing threat of more U.S. tariffs on China, pushing it down to a 13-month trough. Japan's tech-heavy Nikkei jumped 1.6% as of 0200 GMT, and South Korea's KOSPI advanced 1.7%. Taiwanese shares gained 1.1%. Australia's stocks benchmark rose 0.7% and reached a fresh all-time high. However, Chinese stocks were under pressure, with Hong Kong's Hang Seng edging slightly lower and mainland blue chips falling 0.3%. MSCI's broadest index of Asia-Pacific shares added 0.7%. Both S&P 500 and Nasdaq futures were flat after the cash indexes ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >
Hyderabad: Samsung is preparing to host its annual Galaxy Unpacked event on January 22, 2025, where it is expected to showcase its extended reality (XR) headset in addition to its next-gen flagship Galaxy S series smartphones. The lineup is said to include the Galaxy S25, Galaxy S25+, and Galaxy S25 Ultra. Additionally, we could witness the launch of the highly anticipated Slim variant of the device, which is expected to cost somewhere between the Plus and Ultra models. Samsung Galaxy Unpacked: Timing and where to watch Samsung has confirmed to host the Galaxy Unpacked 2025 in San Jose, Cali ...Read More >
Dharamshala (Himachal Pradesh) [India], June 5 (ANI): Fresh snowfall on Thursday caused a sharp drop in temperature in the Dhauladhar mountain ranges in Himachal Pradesh. Snowfall on the higher reaches is very rare in June. The minimum temperature in Dharamshala was recorded at 16 degrees Celsius, whereas the maximum temperature was 21 degrees Celsius. Also Read | OpenAI Academy India: ChatGPT Developer Launches First International Initiative To Expand Education Platform Partnering With IndiaAI Mission in Country. It has been raining every day for a week in Dharamshala. Tourism industry peo ...Read More >
As businesses increasingly adopt AI, customizing large language models (LLMs) like GPT and Claude is key to meeting industry-specific needs. Techniques like Retrieval-Augmented Generation (RAG) and in-context learning are gaining popularity. RAG enables real-time data retrieval, ideal for tasks requiring up-to-date information, while in-context learning provides guidance within the task prompt. Recent advancements in LLMs, such as larger context windows, offer new possibilities but also present challenges, including cost and efficiency. A hybrid approach combining RAG and long-context models m ...Read More >
NewsVoir Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors The funds will be directed toward expanding operations across India, with a focus on strengthening Navanc's presence in urban and semi-urban areas. Additionally, the startup will bolster ...Read More >
Bengaluru, India (OTE) - Leveraging Infosys Topaz and Google Cloud technology, the center of excellence will foster co-innovation to deliver transformative AI-powered solutions Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The center will serve as a catalyst for co-creation and help businesses harness the power of generative AI to achieve transformative growth. Infosys and Google Cloud share a s ...Read More >
New Delhi [India], February 3: SarkarSEO, a leading SEO agency, is introducing a new approach to digital rankings with its Search Everywhere Optimization strategy. As AI-powered search engines like ChatGPT, Perplexity, and Bing AI change how people find information, SarkarSEO is helping businesses rank across all platforms, not just Google. Also Read | US Shocker: Woman Allegedly Beats 14-Year-Old Son to Death With Extension Cord Over Unfinished Chores, Waits 5 Minutes Before Calling 911; Arrested. Search Everywhere Optimisation takes advantage of the fractured nature of the search, optimisi ...Read More >
Hyderabad: Google has announced the expansion of its newly released Veo 3 text-to-video generation platform, allowing users in 71 countries to access the updated AI model introduced at the Google I/O 2025. Currently, the AI video generator is only available to paid subscribers of Gemini. Developed by Google DeepMind, Veo 3 is the company's state-of-the-art video generation model that lets users add sound effects, ambient noise, and even dialogue. The demo showcases footage that looks too realistic and follows physics like never before. At the time of the launch, Veo 3 was made available only ...Read More >