News

A Powerful Upgrade In The Technology With ChatGPT-4

A Powerful Upgrade In The Technology With ChatGPT-4

Open AI is all set to launch the new upgrade for its existing chatbot, ChatGPT, with more powerful technology. The four-month-old chatbot is ready to launch the next-gen advancements and present a powerful & upgraded version. On Tuesday, the company announced the launch of ChatGPT-4. It is likely to perform a wide range of functions…

Silicon Valley Bank Collapse Brings Bad News For Startups Founders

Silicon Valley Bank Collapse Brings Bad News For Startups Founders

Silicon Valley Bank(SVB), considered one of the most powerful banks, is on the verge of being declared bankrupt. News of the Silicon Valley Bank collapse may impact a large number of global startups, including Indian-based. The reason is that it plays an important role in lending money to tech-based businesses.  This central bank has provided…

Master Plan 3 Unveiled By Musk At Tesla’s Investor Day

Master Plan 3 Unveiled By Musk At Tesla’s Investor Day

The co-founder, CEO, and billionaire Elon Musk revealed a new ambitious master plan at the  Investor Day event hosted by Tesla in Austin, Texas, on Wednesday. This new aspiration plan requires an investment of $10 trillion to achieve a “sustainable energy future”. The third part of Tesla’s master plan aimed at making efforts to reduce…

India’s Q3 GDP Growth Data: Key Things To Know

India’s Q3 GDP Growth Data: Key Things To Know

Yesterday, the Government released India’s Q3 growth data for October-December 2022. The National Statistical Office(NSO) released an estimate of the growth rate in FY23 along with some numbers that show the slowdown in the economy due to inflation. According to the Government’s data, the estimated GDP growth for FY23 is expected to increase by 7…

NOKIA Logo Changes For The First Time In 60 Years 

NOKIA Logo Changes For The First Time In 60 Years 

The iconic logo that has been associated with the telecom brand Nokia has changed for the first time in a span of 60 years. This advancement marks the beginning of a new era of changes, transitions, and developments. The new logo by the company was unveiled on Sunday, making a big buzz regarding this landmark…

Ajay Banga Ex-Mastercard CEO Nominated By Joe Biden To Lead World Bank

Ajay Banga Ex-Mastercard CEO Nominated By Joe Biden To Lead World Bank

On Thursday, Joe Biden, US President, announced that Ajay Banga, former CEO of Mastercard, will be leading the World Bank. After this news, Ajay will become the first Indian-American to serve the World Bank as the president. Currently, he is the vice chairman of the general equity firm Atlantic. He is the former CEO of…

India’s Dependency On Imported Crude Oil Price Rises

India’s Dependency On Imported Crude Oil Price Rises

Amidst the growing shift to other fuels and electronic vehicles, India’s economy is witnessing a rise in the demand for petroleum products and fuel. With the growing demand, India is also witnessing stagnancy in domestic crude oil production. This has led to an increased reliance on imported crude oil to meet the needs. This dependency…

BYJU’s Co-Founder Divya Gokulnath Confirms Aakash Upcoming $1 Billion IPO

BYJU’s Co-Founder Divya Gokulnath Confirms Aakash Upcoming $1 Billion IPO

BYJU’s planning to bring the Initial Public Offering(IPO) of its subsidiary Aakash Educational Services. It was acquired by BYJU’s for $1 Billion in 2021. Divya Gokulnath, co-founder of BYJU’s confirms that they are preparing to launch the Aakash IPO at the massive valuation of $3.5 to $4 Billion. The upcoming IPO is expected to be…

FPI’s Investment Value In Indian Equities Drops Majorly

FPI’s Investment Value In Indian Equities Drops Majorly

The value of Foreign Portfolio Investment (FPI) holdings in Indian equities dropped by 11% and reached $584 billion at the end of December 2022, according to the Morningstar report. The holdings were largely on low returns given by the Indian equities and the exodus of foreign money from the domestic stock market. The value of…

Google India Fires Hundreds Of Employees: CEO Writes

Google India Fires Hundreds Of Employees: CEO Writes

Tech giant Google reportedly terminated 453 employees across various departments in India late at night on Thursday. The employees were informed about the termination via mail that Country Head and Vice President Sanjay Gupta sent.  Last month Alphabet Inc, the parent company of Google, announced that it would bring 12,000 employees or 6 per cent…