Meta CEO Mark Zuckerberg has told employees that the social media giant has made mistakes in its AI transformation of its workforce, according to an internal memo seen by Reuters.…
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The week in charts: current account surplus, LPG crunch, scorching May
From India’s current account turning to surplus in Q4 FY26, to LPG consumption slumping amid supply disruptions linked to the West Asia war, a moderation in overseas investment commitments by…
Anthropic ‘abruptly’ disables Fable 5, Mythos 5 to comply with US govt directive; says ‘this is a misunderstanding’
Anthropic has abruptly disabled global access to its Fable 5 and Mythos 5 artificial intelligence models after the US government issued an export control directive on national security grounds, ordering…
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflows
Mumbai: As they prep up to attract dollars from the diaspora, banks have urged the (RBI) to iron out a kink in the regulation. According to them, tweaking the language…
One EMI, better control: How debt consolidation improves financial discipline and repayment management
Securing a new loan is easier, but managing on-time repayment of EMIs is challenging. This is because managing multiple EMIs month-to-month can be overwhelming for borrowers, especially those without prior…
5 powerful money lessons I learned from the world’s first trillionaire, Elon Musk
In a post on the social media platform he owns, recently said, “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.” Already the wealthiest person on…
Bank holiday today, June 13: Are SBI, HDFC Bank, and other banks closed on Saturday?
Banks across India are closed today, June 13, 2026, as it falls on the second Saturday of the month, which is a bank holiday. The Reserve Bank of India ()…
With flawless SpaceX IPO, Wall Street establishes new standard for mega listings
A collective sigh of relief swept across Wall Street after trading for SpaceX’s landmark Nasdaq launch went smoothly, setting a new template for the trading firms and exchanges that are…
Explainer. SpaceX IPO includes a greenshoe option – here’s what it means
SpaceX raised a record $75 billion in its IPO on Friday after selling about 5% of its outstanding shares, but it could raise even more under a provision designed to…
SpaceX soars 19.2% in blockbuster debut, lifting US markets higher
U.S. stocks ended higher on Friday as investors held out hope for a peace deal between Iran and the United States and as SpaceX shares surged in their debut, making…