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OpenAI Confirms Plans to Go Public Later in 2026

  • May 22, 2026
  • 0

OpenAI has officially confirmed it intends to pursue an IPO in 2026, reportedly targeting a fall listing after SpaceX’s expected June-July debut.

  • Business

Anthropic Signs $1.25 Billion Per Month Compute Deal With SpaceX’s Colossus Supercomputers

  • May 22, 2026
  • 0

SpaceX’s S-1 reveals Anthropic will pay $1.25 billion monthly through May 2029 for access to the Colossus and Colossus II supercomputers.

  • Business

Meta Lays Off 10 Percent of Workforce and Redirects Thousands to AI Projects

  • May 22, 2026
  • 0

Meta has announced layoffs affecting roughly 10% of its global workforce as it realigns resources toward new generative AI initiatives.

  • Business

India Private Sector Activity Remains in Expansion Territory in May Says HSBC Flash PMI

  • May 22, 2026
  • 0

HSBC’s flash PMI data shows India’s private sector continues to grow in May 2026, though the pace of expansion has softened slightly.

  • Business

India’s Current Account Deficit Rises to $13.2 Billion in December Quarter

  • May 22, 2026
  • 0

India’s CAD widened to 1.3% of GDP in Q3 FY26, mainly driven by a larger merchandise trade gap, according to official data.

  • Business

India-Italy Special Strategic Partnership Includes INNOVIT Joint Innovation Hub

  • May 22, 2026
  • 0

As part of the newly upgraded bilateral relationship, India and Italy have launched INNOVIT, a joint innovation hub to foster technology collaboration.

  • Business

Sovereign Bond Yields Rise 50 bps Across Advanced Markets Amid West Asia Crisis

  • May 22, 2026
  • 0

Yields on 10-year bonds in Japan, UK, US, Canada and several other markets have risen sharply since the start of the Iran conflict.

  • Business

India’s Tea Exports Hit by Geopolitical Tensions and Rising Freight Costs

  • May 22, 2026
  • 0

The Indian Tea Association warns that higher freight costs and geopolitical disruptions are hurting export volumes in FY26.

  • Business

Odisha State Data Policy 2026 Proposes Centralised Data Warehousing and Consent Management

  • May 22, 2026
  • 0

Odisha’s new data policy seeks to build a unified data infrastructure with strong privacy protections and analytics capability.

  • Business

India’s Eight Core Sectors Expanded 1 Percent in March Slowing From 1.2 Percent Prior Month

  • May 22, 2026
  • 0

Official data shows India’s core sector output growth has decelerated, with infrastructure sectors expanding at a slower pace in March 2026.

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