Politics, Defense & More
7 April 2025
Finance Blogs & News
It has only been two years since the world witnessed a storm when OpenAI’s ChatGPT shook the global AI industry. Little did anyone expect that, in such a short time, ChatGPT would face intense competition from a Chinese AI model—DeepSeek AI. The Chinese company has introduced the DeepSeek-R1 and V3 language models, causing a stir
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Japan-based Nippon Steel and U.S. Steel have filed a lawsuit against the Joe Biden administration following the decision to block their proposed $15 billion merger. The lawsuit, filed on Monday, challenges the administration’s assertion that the merger would pose a threat to U.S. national security.
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AMEC, Advanced Micro-Fabrication Equipment, a Chinese chip equipment manufacturer, has been removed from the U.S. Department of Defense blacklist of firms accused of links to China’s military, nearly a year after its inclusion. The Pentagon removed the Shanghai-based company from its list of “Chinese Military Companies operating in the US” on December 13, as stated
READ MOREPaytm Disaster & RBI Hammer: RBI has taken caustic actions on PPBL (Paytm Payment Bank Limited) & restricted them from taking new deposits into their accounts or digital wallets effective from February 29, 2024. This is being looked at as a significant action by the regulator, setting an example that rules and regulatory guidelines are
READ MOREThe 6.5% REPO Rate has remained unchanged by the RBI-led Monetary Policy Committee (MPC). The six-member committee has decided that, for the sixth time in a row, the REPO rate will remain unchanged. The RBI Governor Shri Shaktikanta Das has stated that MPC (Monetary Policy Committee) has decided with majority of 5:1 to remain focused
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