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Australia beat India to win the Cricket World Cup final, upsetting bettors

In Australia, Sportsbet was offering 2.9 times the amount for an Australia win as of Friday, more than twice the payout for an India win at 1.4 times

Australia beat India to win the Cricket World Cup final, upsetting bettors
Updated On : 20 Nov 2023 | 7:49 AM IST

India likely to keep rice export bans into 2024, to hold up global prices

But Prime Minister Narendra Modi, who will seek reelection next year, has repeatedly tightened restrictions on shipments in a bid to curb domestic price rises and shield Indian consumers

India likely to keep rice export bans into 2024, to hold up global prices
Updated On : 19 Nov 2023 | 10:55 PM IST

Here's what we know of OpenAI's Sam Altman's ousting and possible return

OpenAI stunned employees, investors and much of Silicon Valley by ousting Chief Executive Officer Sam Altman, who more than any other figure had emerged as the face of artificial intelligence

Here's what we know of OpenAI's Sam Altman's ousting and possible return
Updated On : 19 Nov 2023 | 8:12 AM IST

Global economy: Inflation eases in US, UK; India's trade gap widens in Oct

China's consumption rebound slowed and private business confidence lost momentum in October, according to independent surveys and alternative data that suggested the economic recovery remains bumpy

Global economy: Inflation eases in US, UK; India's trade gap widens in Oct
Updated On : 18 Nov 2023 | 5:50 PM IST

OpenAI CEO ouster followed disagreements between Sam Altman, board

The disputes echo longstanding rifts within OpenAI over the responsible development of powerful AI tools - issues that have plagued the company since its inception

OpenAI CEO ouster followed disagreements between Sam Altman, board
Updated On : 18 Nov 2023 | 11:17 AM IST

Italy exits Moody's junk danger zone in big win for PM Giorgia Meloni

Her budget then sent the spread between bonds of Italy and Germany - a key measure of risk in the region - to 210 basis points for the first time since January

Italy exits Moody's junk danger zone in big win for PM Giorgia Meloni
Updated On : 18 Nov 2023 | 8:58 AM IST

China's Xi calls for Asia-Pacific regional peace as he wraps up US trip

"The fundamental goal of China's development is to improve the well-being of the Chinese people, not to replace anyone," the state-run Xinhua News Agency cited him

China's Xi calls for Asia-Pacific regional peace as he wraps up US trip
Updated On : 18 Nov 2023 | 8:58 AM IST

OpenAI President Brockman says he's quitting after Sam Altman ouster

"I'm super proud of what we've all built together since starting in my apartment 8 years ago," Brockman wrote in a post on the social media site X

OpenAI President Brockman says he's quitting after Sam Altman ouster
Updated On : 18 Nov 2023 | 7:35 AM IST

OpenAI interim CEO Murati urges focus, stresses Microsoft support

Murati also urged employees still reeling Friday from the sudden departure of Altman, one of the most prominent figures in the artificial intelligence industry, to focus on their work

OpenAI interim CEO Murati urges focus, stresses Microsoft support
Updated On : 18 Nov 2023 | 7:19 AM IST

Weddings blitz opens up a $51 billion business opportunity for India

Despite inflation hitting the less well off particularly hard this year, the season's first weeks are expected to see good business

Weddings blitz opens up a $51 billion business opportunity for India
Updated On : 18 Nov 2023 | 7:11 AM IST

Altman ousted from OpenAI, board says it lost confidence in him as leader

Mira Murati, an Albanian-born Dartmouth-educated engineer who helped develop some of OpenAI's best-known products as its chief technology officer, will serve as OpenAI's interim chief executive office

Altman ousted from OpenAI, board says it lost confidence in him as leader
Updated On : 18 Nov 2023 | 6:25 AM IST

Rich nations 'likely' met $100 billion climate finance goal in 2022

While that figure pales in comparison to the trillions of dollars that are needed to help developing nations decarbonize their economies and adapt to a warming world, it is still a symbolic milestone

Rich nations 'likely' met $100 billion climate finance goal in 2022
Updated On : 17 Nov 2023 | 10:33 PM IST

How billionaire Lakshmi Mittal's brother got a $500 mn bailout in Nigeria

Pramod Mittal, whose career in the steel industry has been less glittering than his better-known sibling has a string of abandoned factories and a trail of unpaid debts to his name

How billionaire Lakshmi Mittal's brother got a $500 mn bailout in Nigeria
Updated On : 17 Nov 2023 | 10:32 PM IST

Crude oil sinks into a bear market, all eyes on Opec+ leaders meet

The International Energy Agency said earlier this week that production growth means the global market won't be as tight as had been expected this quarter

Crude oil sinks into a bear market, all eyes on Opec+ leaders meet
Updated On : 17 Nov 2023 | 10:01 PM IST

Indian lenders' tech challenges frustrate efforts to grab market share

Bajaj Finance was directed on Wednesday to stop offering credit via two products that failed to comply with digital lending rules

Indian lenders' tech challenges frustrate efforts to grab market share
Updated On : 17 Nov 2023 | 1:13 PM IST

In rare move, US revokes sanctions on China lab after Xi's fentanyl deal

The US has taken China's Institute of Forensic Science off the Commerce Department's entity list, paving for the fentanyl deal with Xi in a bid to deal with drug overdose crisis in the US.

In rare move, US revokes sanctions on China lab after Xi's fentanyl deal
Updated On : 17 Nov 2023 | 12:51 PM IST

Mark Mobius joins hedge fund elite planning Dubai investing venture

The 87-year-old money manager said he's busier than ever as he looks to set up a new venture in Dubai

Mark Mobius joins hedge fund elite planning Dubai investing venture
Updated On : 17 Nov 2023 | 11:00 AM IST

Xi Jinping's warm words jar with reality for foreign companies in China

"Just as some leaders of the business community have said, China has become a synonym of the best investment destination, and that the 'next China' is still China," he told the economic forum

Xi Jinping's warm words jar with reality for foreign companies in China
Updated On : 17 Nov 2023 | 10:56 AM IST

Joe Biden, Xi Jinping have far to go if they want to lift cold war clouds

After four hours of talks on Wednesday, the US and Chinese presidents offered a glimpse of just how hard it's going to be to manage their relationship away from that course.

Joe Biden, Xi Jinping have far to go if they want to lift cold war clouds
Updated On : 17 Nov 2023 | 9:13 AM IST

Aston Martin owner Lawrence Stroll sells F1 team stake at £1 bn valuation

The deal comes on the eve of the much-hyped Las Vegas Grand Prix this weekend and shows the growing appeal of F1 in the US, the Aston Martin team said in a statement on Thursday

Aston Martin owner Lawrence Stroll sells F1 team stake at £1 bn valuation
Updated On : 17 Nov 2023 | 8:39 AM IST