[ad_1] MUMBAI: Banks that have a large conglomerate structure will now have to consolidate similar activities under one entity, according to RBI’s new draft circular for banks. RBI has also asked banks with large NBFC arms to comply with rules pertaining to upper-layer NBFCs. Only a single entity within a bank group is allowed to…
[ad_1] TOKYO (AP) — The U.S. ambassador to Japan urged Tokyo on Tuesday to take a greater role in developing, producing and supplying weapons “to enhance our collective security” amid conflict in Ukraine, Gaza and elsewhere. Ambassador Rahm Emanuel visited a Mitsubishi Heavy Industries’ F-35 fighter jet factory and stressed the importance of stronger defense…
[ad_1] CAPE CANAVERAL, Fla. (AP) — NASA’s plan to bring samples from Mars back to Earth is on hold until there’s a faster, cheaper way, space agency officials said Monday. Retrieving Mars soil and rocks has been on NASA’s to-do list for decades, but the date kept moving forward, as costs ballooned. A recent independent…
[ad_1] That coffee you slurped this morning? It’s 600,000 years old. Using genes from coffee plants around the world, researchers built a family tree for the world’s most popular type of coffee, known to scientists as Coffea arabica and to coffee lovers simply as “arabica.” The researchers, hoping to learn more about the plants to…
[ad_1] GUANGZHOU, China (AP) — U.S. Treasury Secretary Janet Yellen kicked off a trip to China on Friday with a morning meeting to hear the concerns of American, European and Japanese business representatives in the world’s second-largest economy, ahead of what will likely be tough talks on trade and other issues with senior Chinese government…
[ad_1] There’s a race underway to build artificial general intelligence, a futuristic vision of machines that are as broadly smart as humans or at least can do many things as well as people can. Achieving such a concept — commonly referred to as AGI — is the driving mission of ChatGPT-maker OpenAI and a priority…
[ad_1] FRANKFURT, Germany (AP) — The inflation that has squeezed European shoppers fell more than expected in March to 2.4%, as cost spikes in the grocery aisle eased and overall price rises headed down in the two biggest economies, Germany and France. But analysts say the decline from 2.6% in February, though welcome, would likely…
[ad_1] SAN FRANCISCO (AP) — Donald Trump is suing two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social platform, arguing that they should forfeit their stock in the company because they set it up improperly. The former U.S. president’s lawsuit, which was filed on March 24 in…
[ad_1] TAIPEI, Taiwan (AP) — Taiwan’s strongest earthquake in a quarter century rocked the island during the morning rush hour Wednesday, damaging buildings and highways and causing the deaths of four people. Taiwan’s national fire agency said four people died in Hualien County and at least 57 were injured in the quake that struck just…
[ad_1] NEW YORK (AP) — Amazon is removing Just Walk Out technology from its Amazon Fresh stores as part of an effort to revamp the grocery chain. The company’s well-known technology lets customers pay for items without standing in line and sends them receipts afterwards. Amazon says it will now be replaced by smart carts…
