New York Times Sues A.I. Start-Up Perplexity Over Use of Copyrighted Work
Filed in federal court on Friday, the suit joins more than 40 other court disputes between copyright holders and A.I. companies. Source link
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Tech rules clash: EU slaps €120 million fine on Elon Musk’s X; says platform misled users and blocked researchers
European Union regulators on Friday fined Elon Musk’s social media platform X 120 million euros ($140 million) for violating the bloc’s Digital Services Act (DSA), saying the platform’s practices could expose users to scams, manipulation and opaque advertising, according to an ET report.The European Commission announced the penalty after completing an investigation it launched two…
India’s IndiGo Airline Falls Into Chaos, Canceling About 1,000 Flights
IndiGo, which controls nearly two-thirds of the domestic market, blamed the disruption on weather, tech systems and rules about rest for crew members. Pilots said the company was cutting corners. Source link
India-Russia summit: PM Modi & Putin announce five-year economic plan; trade, energy, Make in India ties to grow – top outcomes
File photo: Prime Minister Narendra Modi and Russian President Vladimir Putin (Picture credit: AP) India and Russia on Friday firmed up a five-year plan to boost economic and trade ties, even as Washington’s tariffs and sanctions loom, relying on the resilience of the decades-old partnership.Prime Minister Narendra Modi and Russian President Vladimir Putin used the…
100 tonnes of silver sold in a week! Why are Indians rushing to sell the white metal? Is another silver price rally on the cards?
Silver soars to a record high, Indians rush to cash in!The India Bullion & Jewellers Association (IBJA) estimates that about 100 tonnes of old silver were sold in just one week, a volume that typically takes several months to surface. Under normal circumstances, the domestic market receives only 10–15 tonnes of old silver in an…
How Scammers Target Older Americans With Fraudulent Medicare Calls
Complaints about the calls have risen, and some older Americans have discovered that their Medicare accounts were already compromised. Source link
‘Deep market’: Why is Rupee left to ‘find its correct level’? Governor Sanjay Malhotra explains stance as currency hovers near 90
Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any specific price level or band for the rupee, and allows the currency to find its own “correct” value in the market, even as it hovers near the 90-per-dollar mark, PTI reported. “We don’t target any price levels or any bands….
Rs 70k to Bengaluru but Rs 25k to London: Airfares explode amid massive IndiGo crisis; flyers rush for options
Skip Bengaluru. Take a trip to Thailand instead. Or Vietnam. Or London. Or even Singapore. All at a much much much cheaper rate than Delhi to Bengaluru, Goa, Pune or Goa. But you cannot travel to Hyderabad, at least not on Friday, because the tickets are sold out. Ironically, IndiGo flight tickets are available.The situation…
IndiGo cancellations: On-time performance crashes to 8.5%! Chaos unfolds at airports with over 400 flights cancelled
IndiGo’s operational crisis deepened on Friday as its on-time performance at six major metro airports collapsed to just 8.5%, according to data published on the Civil Aviation Ministry website. The sharp fall became the latest flashpoint in a continuing disruption that has now stretched into its fourth straight day.The airline cancelled all departing flights from…
Malhotra unveils 25 bps rate cut, Rs 1.5 lakh crore liquidity boost, calls economy a ‘rare Goldilocks period’
MUMBAI: The Reserve Bank of India’s Monetary Policy Committee cut the policy repo rate by 25 basis points to 5.25%, down from 5.50% in the October 1 policy review, while retaining a neutral stance. The RBI also hiked FY26 GDP forecast to 7.3% from 6.8% earlier and lowered inflation forecast to 2%.RBI governor Sanjay Malhotra…