Business updates
OpenAI, Anthropic, Google unite to combat AI model copying in China
OpenAI, Anthropic and Google are sharing information through the Frontier Model Forum, an industry non-profit that they founded with Microsoft in 2023.>
RBI Monetary Policy: Status quo on repo rate likely as Iran war weighs on rupee, India's GDP growth
RBI is likely to keep the repo rate at 5.25%, after signalling a long pause at its last monetary policy meeting, though the outlook has clouded due to Iran war.>
Rupee caught in tug-of-war between RBI-led unwinding, Trump's Iran war deadline
Bankers and forex traders believe rupee may have found a near-term equilibrium around the 93/dollar level after extreme uncertainty that pushed it to 95.>
Air India CEO Campbell Wilson said to resign amid turnaround turmoil
Air India Campbell Wilson is currently serving his notice period. It remains unclear whether Tata Group has identified a successor.>
Multi-Cap Fund vs Multi-Asset Allocation Fund: Which one to choose and why?
Over the last one year, multi-asset allocation funds have done well, but over three and five years, performance is nearly similar to those of multi-cap funds.>
SEBI proposal on gifting mutual funds: Would you prefer gifting them instead of regular gifts?
SEBI has released a consultation paper on gift cards/gift prepaid payment instruments (PPIs) for subscription of mutual funds in India.>
Stock Market LIVE: Sensex drops 800 points, Nifty 50 down 1%; RBI monetary policy in focus
Track live updates and latest news from India's stock market today, including Sensex, Nifty 50 and rupee-dollar exchange rate, amid an ongoing Iran war.>
Why salaries have been rejigged from April 1, in-hand pay may drop: Explained
The salary restructuring with start of new financial yer represents a short-term pinch for a long-term gain, as per New Wage Code>
Indian IT firms face subdued fourth quarter as Iran war, AI concerns persist
Nifty IT is down 20% so far in 2026, as Anthropic PBC and Palantir threatens to disrupt traditional business models and cannibalise business.>
India service economy grew at its slowest pace in 14 months in March 2026
The India Services PMI fell to 57.5 in March 2026 from 58.1 in February for the softest rate of expansion since January 2025.>
Credits : HTimes
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