News

Financial planner D. Muthukrishnan urges caution in celebrating India's rising GDP, highlighting the country's low per capita income and advocating for a focus on individual prosperity. He proposes a target of $10,000 per capita income, acknowledging the significant effort required to achieve this goal.

Nandan Nilekani, Infosys co-founder, envisions a transformative shift in India's energy sector where every household can produce, store, and trade energy much like the digital revolution brought by UPI. His vision foresees the emergence of millions of micro-energy entrepreneurs, fundamentally changing the country's approach to energy production and consumption.

OpenAI CEO Sam Altman hinted at the release of a new version of the image generator, but warned of potential delays due to capacity challenges caused by the Ghibli-inspired image generation trend. The sudden influx of users has strained OpenAI's infrastructure, leading to delays and temporary suspensions of the image-generation feature.

The government has recently filled two critical positions in the banking and pension regulatory bodies while several senior vacancies in the finance ministry continue to be unfilled. These appointments, including a new Deputy Governor for the RBI and a Chairperson for the Pension Fund Regulatory and Development Authority, come as the Centre gears up for important sessions and further decision-making on assorted economic roles.

Haldiram Snacks Food, a leading Indian snack and food brand, has secured investments from International Holding Company (IHC) and Alpha Wave Global, marking a significant turning point for the legacy brand as it eyes global growth. The new capital infusion will fuel Haldiram's international expansion, particularly in the US and Middle East markets.