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Grok 3 in final stages of development, to outperform all chatbots: Musk

Grok 3 has very powerful reasoning capabilities, so in the tests that we've done thus far, Grok 3 is outperforming anything that's been released, Musk said

Russian oil suppliers must provide sanctions-compliant cargoes: Oil secy

Widened sanctions on Moscow by western countries including the United States have roiled global oil trade and forced buyers of discounted Russian crude to find new ways to maintain their purchases

Boards of Nissan and Honda vote to officially end merger discussions

Nissan, Japan's third-largest automaker, backed out of $60 billion merger talks with larger rival Honda after negotiations were complicated by growing differences

Banks' margins to take 10 bps hit in FY26 due to rate cuts: Fitch Ratings

Last week, the RBI started its rate-cutting cycle by lowering its key policy rate by 25 bps to 6.25 per cent and said it would be watchful and proactive with liquidity measures

China proposes summit between Putin, Trump to help end Ukraine war

Trump said Putin and Ukrainian President Volodymyr Zelenskiy had expressed a desire for peace in separate phone calls

HAL promises faster delivery of warplanes after air chief marshal's rebuke

The Air Force has ordered 83 Mk-1A light combat aircraft from HAL, an advanced variant of the operational Mk-1 Tejas

Tata Steel likely to tap corporate bond market after near 1-year hiatus

Tata Steel is likely to raise around Rs 3,000 crore ($345.6 million) through this bond issue

PM Modi, Trump to hold press conference after their meet: White House

PM Modi's discussions with Trump are expected to focus on areas such as two-way trade, energy, technology and immigration

China's Baidu to make AI chatbot Ernie bot free of charge from April 1

The AI service will be accessible at no cost to all users on both desktop and mobile platforms, Baidu said

DeepSeek gives China's chipmakers leg up in race for affordable AI

Huawei and its Chinese peers have for years struggled to match Nvidia in building top-end chips

Elon Musk's X agrees to pay about $10 million to settle Trump's lawsuit

That makes X the second social media platform to settle with Trump over the suspension of his accounts following the storming of the US Capitol by his supporters in January 2021

75,000 US federal workers accept Trump's buyout programme, judge approves

The buyout is one of many approaches Trump is taking to slash a civilian workforce of 2.3 million that he has blasted as ineffective and biased against him

Air India rules out more Boeing jet orders for now, says CEO Wilson

The former state carrier is in the midst of a multi-billion-dollar revamp in the face of established competition, after Tata Group took it over more than two years ago

JPMorgan Chase begins one of several planned layoffs for 2025: Report

The layoffs are a part of the "regular management of the business", a spokesperson said, adding that the bank still has 14,000 open positions

Chevron to cut up to 20% of global workforce amid cost-saving push

At the same time, the company is facing weak margins in its refining business, which reported a loss in the fourth quarter for the first time since 2020

Inside the collapse of Nissan and Honda's $60 billion automotive mega deal

In December, Nissan and Honda announced plans to merge, an outgrowth of talks they had been holding since March 2024, when they said they were looking to cooperate on technology

PM Modi to meet Musk in US, Starlink's entry in India likely on agenda

Musk in December said Starlink satellite internet was inactive in India after authorities seized two of the company's devices, one in an armed conflict zone and another in a drug smuggling bust

Adobe launches first version of AI video tool to compete with OpenAI

The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway

Gold rises 10% in 2025 to $3,000 amid economic uncertainty from US tariffs

Gold's appeal as a haven from risk strengthened further as newly elected U.S. President Donald Trump turned to tariffs to aid struggling domestic industry, despite the risk of sparking a trade war

Opec maintains global oil demand growth forecasts for year 2025, 2026

The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 1.45 million barrels per day (bpd) in 2025 and by 1.43 million bpd in 2026