Indian banks are proactively cushioning exporters from the impact of the US tariff hike, effective August 27. Measures include temporary interest concessions, flexible repayment options, and enhanced working capital. Indian Bank is considering fee waivers and tailored support for MSMEs in key export hubs. Other banks like IOB are advising on market diversification and hedging strategies.
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OpenAI CEO Sam Altman has critiqued Elon Musk's Grok, envisioning a future where some companies might create anime sex bots, while OpenAI focuses on beneficial applications. Altman also cautioned about an AI bubble, drawing parallels to the dot-com era, and warned startups about potential financial losses amid the current investment frenzy, despite anticipating an overall economic benefit.
Aam Aadmi Party (AAP) refuted Bharatiya Janata Party's (BJP) claim. BJP linked Delhi Chief Minister Rekha Gupta's attacker to AAP. AAP alleged video editing and fake photos. BJP MLA Harish Khurana shared a photo. The photo claimed attacker Sakaria Rajeshbhai Khimjibhai was with AAP's Gopal Italia. Italia denied the claim and threatened legal action.
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