OpenAI’s popular chatbot ChatGPT suffered an outage on Tuesday, as users across the world, including in India, were facing problems with loading and accessing results to prompts.

The company said there are “elevated error rates and latency” that users have been experiencing on various AI platforms.

"We are investigating," said the company. About 88 per cent of complaints from India cited the chatbot not responding to queries, 8 per cent reported issues with the mobile app, and 3 per cent faced API-related problems.

Downdetector also posted a spike in the issues reported by users.

The hiring intent in India remains steady in the third quarter this year (July-September) globally, driven by strong growth in the private services sector and expectations of economic benefits stemming from shifts in global trade dynamics, especially in relation to China, according to a report released on Tuesday.

Employers report a Net Employment Outlook (NEO) of 42 per cent for the July-September period, according to the latest ManpowerGroup Employment Outlook Survey.

The results, based on responses from 3,146 employers across India during April 2025, show the Indian hiring Outlook remains very animated. Amid these favourable conditions, India continues to position itself as a key player in the global employment landscape.

“As we enter the third quarter of 2025, India’s employment Outlook remains robust, with a NEO of 42 per cent -- among the highest globally. Despite a slight dip from the previous quarter, the 12-point year-on-year gain highlights sustained employer confidence and growth momentum in the labour market,” said Sandeep Gulati, Managing Director, ManpowerGroup India and Middle East.

As diversification of supply sources is being actively explored, aligned with policy efforts, the situation continues to evolve for the Indian automotive players in their quest to have a steady flow of rare earth magnets amid China’s export restrictions, a Crisil report showed on Tuesday.

Rare earth magnets, low in cost but critical in function, could emerge as a key supply-side risk for the India’s automotive sector if China’s export restrictions and delays in shipment clearances persist.

A disruption lasting beyond a month can impact electric vehicle (EV) launches, affect production and weigh on the sector’s growth momentum, said the Crisil Ratings report.

Recognising the risk, the government and automakers are taking action on two fronts.

Analysts on Tuesday said that this year, Apple highlighted its one of the core strength: delivering a unified and seamless experience across all its hardware and added an additional visual appeal to it — the biggest visual overhaul after iOS 7.

Apple has previewed iOS 26 at its flagship developer conference ‘WWDC 2025’ here — a major update that brings a beautiful new design, intelligent experiences, and improvements to the apps users rely on every day. The new design provides a more expressive and delightful experience across the system while maintaining the instant familiarity of iOS.

Counterpoint Research Director, Tarun Pathak, told IANS that the updated visual design, featuring the new "liquid glass" aesthetic, is set to further enhance user engagement across Apple's device ecosystem.

Apple has expanded its Cloud-based gaming service Arcade’s catalogue of more than 200 games, all without ads or in-app purchases, with nine new games.

A new take on Mattel’s classic card game UNO is available on the service with UNO: Arcade Edition.

The game features three modes where fans can enjoy solo matches with classic UNO rules in Single Player, play with others in Quick Match, or turn up the heat in Custom Games that feature special twists like Wild Swap Hands and Color Showdown, the tech giant said in a statement.

Also released are: WHAT THE CAR? for Apple Vision Pro, a spatial adaption of the 2024 D.I.C.E. Awards’ Mobile Game of the Year; physics-based racing game LEGO Hill Climb Adventures+; wholesome interactive adventure Lost in Play+; and hit 3D arcade game Helix Jump+.

India can position itself as a global leader in livestock exports, especially in value-added segments, and the industry must be more aspirational and aim for a 20 per cent increase in exports this fiscal (FY26), senior government officials have said.

In last fiscal (FY25), the overall exports of animal products stood at $5114.19 million, registering a growth of 12.56 per cent.

This was conveyed at the Agricultural and Processed Food Products Export Development Authority (APEDA) and Department of Animal Husbandry and Dairying (DAHD) organised a workshop on “Exports of Livestock and their Value Added Products – Future Prospects and Way Forward” in the national capital.

Alka Upadhyaya, Secretary, DAHD, said this goal can be achieved with sustained investment in disease control infrastructure, quality systems, exploring diplomatic channels for enhanced market access and exports and bio-security measures.

The number of registered startups has reached 1.76 lakh in the last 11 years, with 118 unicorns (startups with $1 billion valuation and above), thus fueling youth entrepreneurship, Finance Minister Nirmala Sitharaman said on Friday.

In a post on social media platform X, the Finance Minister said that "youth in India are building startups and creating jobs".

This is "a glimpse of the work done for the youth in the last 11 years under the guidance of Prime Minister Narendra Modi", she posted.

Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said in a separate X post that in the last 11 years, seven new IITs have been opened, along with eight new IIMs and 16 new AIIMS.

Shares of IndusInd Bank rose as much as 5.3 per cent on Friday, after the Reserve Bank of India (RBI) said the problems at the private sector lender are likely to settle soon.

However, the stock later gave up some of its early gains. During mid-day trade, around 1:45 pm, IndusInd Bank shares were seen consolidating and were trading at Rs 827.85, up by Rs 24.65 or 3.07 per cent on the National Stock Exchange (NSE).

The bank had been facing scrutiny due to past accounting issues.

RBI Deputy Governor J Swaminathan said that things should return to normal at IndusInd Bank soon.

India has emerged as the information technology (IT) capital of the world and the National Stock Exchange (NSE) has been a pioneer in utilising the vast digital public infrastructure to help millions trade via its high-tech digital platform, NSE Managing Director and CEO, Ashish Kumar Chauhan, has said.

Chauhan emphasised that the NSE pioneered technology in 1994, during the time of the IT boom. Later, during the Y2K era (the year 2000), the NSE showcased India’s technological capabilities, attracting big contracts and becoming a hub for small companies to demonstrate their expertise.

"Today, technology is our fuel, and India is the IT capital of the world. Technology has brought the biggest shift and change in the world," he said during a podcast conversation with Kailash Adhikari, MD of Sri Adhikari Brothers.

Kotak Securities on Friday slashed its share price target on Ola Electric by 40 per cent to Rs 30 from Rs 50, citing continued losses and rising competition.

Ola Electric Mobility shares nosedived 9.7 per cent to their intraday low of Rs 48.07 on the BSE during the trade after the electric two-wheeler maker reported a sharp rise in losses for the March quarter.

Kotak Securities flagged two main concerns. It expects EBIDTA losses to continue, driven by weakening brand equity and intensified competitive pressure.

Second, Kotak highlighted that Ola Electric’s future depends on scaling up volumes and executing its motorcycle plans. The firm, however, warned that the motorcycle foray faces execution and credibility challenges.

Apex Ecotech Limited has reported a weak performance for the fourth quarter of FY25, with the company’s net profit dropped by 18.2 per cent year-on-year (YoY) to Rs 7 crore in Q4, down from Rs 8.56 crore in the year-ago period (Q4 FY24).

Revenue from operations also saw a sharp fall of 30.6 per cent, coming in at Rs 49.25 crore compared to Rs 70.95 crore in Q4 FY24, according to its stock exchange filing.

Total income for the quarter also dropped 30.5 per cent to Rs 49.75 crore, while total expenses declined by 32.8 per cent to Rs 40.45 crore during the same quarter.

Despite the drop in revenue, the reduction in expenses helped soften the impact on profits.

The number of total telephone subscribers in India increased from 1,200.80 million at the end of March to 1,203.84 million in April, a monthly growth rate of 0.25 per cent, the government’s telecom subscription data showed on Thursday.

Urban telephone subscription increased from 666.11 million at the end of March to 667.19 million at the end of April, and the rural subscription also increased from 534.69 million to 536.65 million during the same period.

The monthly growth rates of urban and rural telephone subscription were 0.16 per cent and 0.37 per cent, respectively, during April, said the Ministry of Communications.

Total wireless (mobile+5G FWA) subscribers increased from 1,163.76 million to 1,166.43 million in April, registering a monthly growth rate of 0.23 per cent.

Government-owned steel behemoth SAIL has recorded a standalone net profit of Rs 1,178 crore for the January-March quarter of 2024-25, which represents a 16.5 per cent increase over the corresponding figure of Rs 1,011 crore for the same quarter of the previous year.

The company has proposed a final dividend of Rs 1.60 per share (face value Rs 10 per share) subject to the approval of Shareholders at the ensuing annual general meeting (AGM).

SAIL’s revenue from operations increased to Rs 29,316 crore during the fourth quarter of 2024-25, which represents a 4.9 per cent increase over the corresponding figure of from Rs 27,958 crore during the same quarter of the previous year.

The stock of IndusInd Bank has declined 11 per cent since March 10 following the bank's disclosure of suspected fraud and concerns over insider trading.

On March 10, the bank’s then Chief Executive Officer Sumant Kathpalia said during an analyst call that these derivative trades took place over five to seven years ago and came to light when the bank took the review of the portfolio after the RBI's accounting framework, which was identified by September and October 2024.

Soon after, the bank started an internal review in the matter and informed the regulator about it. The bank had also appointed an external agency to validate its internal findings.

On Thursday, the banks’ shares were trading at Rs 813.95 apiece, up Rs 8.80 or 1.09 per cent.

In the latest development, the Securities and Exchange Board of India (SEBI) has barred former Kathpalia and four others from dealing in the share market. SEBI said they were aware of unpublished price sensitive information about the lender's derivative trades.

The total premium collected by public sector general insurance companies (PSGICs) has witnessed a notable rise from around Rs 80,000 crore in FY19 to nearly Rs 1.06 lakh crore in FY25, the government has said.

The overall general insurance industry also reported growth, with total premium collections reaching Rs 3.07 lakh crore in FY2024–25.

In a meeting with PSGICs here, Finance Minister Nirmala Sitharaman reviewed key performance indicators including premium collections, insurance penetration and density and incurred claims ratios.

The meeting was attended by Secretary, Department of Financial Services (DFS), M. Nagaraju, and the managing directors of New India Assurance, United India Insurance, Oriental Insurance, and National Insurance, General Insurance Corporation of India (Reinsurance), Agriculture Insurance Company of India Limited, along with other senior officials of the Finance Ministry.

3M India Limited, the Indian entity of the US-based 3M Co., on Wednesday reported that the company’s net profit fell by 58.7 per cent year-on-year (YoY) to Rs 71.37 crore in the fourth quarter of the financial year 2024-25 (Q4 FY25), compared to Rs 172.85 crore in the same quarter previous fiscal (Q4 FY24).

One of the key factors affecting the profit was a sharp rise in tax expenses. The current tax more than doubled to Rs 146.73 crore in the fourth quarter, compared to Rs 58.34 crore in the same period previous fiscal.

However, revenue from operations increased by 9.48 per cent to Rs 1,198.23 crore in Q4 FY25, up from Rs 1,094.54 crore in the year-ago period, according to its stock exchange filing.

Bosch Limited on Wednesday reported a 2 per cent decline year-on-year (YoY) in its consolidated net profit for the fourth quarter ending March 31 (Q4 FY25), with profit after tax (PAT) standing at Rs 554 crore.

This is down from Rs 564 crore recorded in the same period last year (Q4 FY24), according to its stock exchange filing.

For the full financial year FY25, Bosch reported a 19 per cent decline in consolidated net profit, which dropped to Rs 2,013 crore from Rs 2,490 crore in FY24.

However, the company saw a healthy rise in its revenue from operations, which increased to Rs 4,911 crore in Q4 from Rs 4,233 crore in the corresponding quarter of the previous fiscal.

The company’s annual revenue showed strong growth, rising to Rs 18,087 crore from Rs 16,727 crore the year before.

Bosch also noted a rise in total expenses during the quarter, which grew by around 15 per cent YoY to Rs 4,369 crore from Rs 3,798.9 crore.

As Apple ramps up its India manufacturing plans, iPhone exports from the country to the US surged 76 per cent (year-on-year) in April, according to a new report.

According to latest estimates by market research firm Omdia, nearly 3 million ‘India-made’ iPhones were shipped to the US in April.

In comparison, iPhone shipments from China plummeted by a massive 76 per cent to just 900,000 units.

This marks the first time India has consistently outpaced China in supplying iPhones to the American market, according to a report by CNBC, citing the data.

“Apple has been preparing for this kind of trade disruption for years. The April spike likely reflects strategic stockpiling ahead of tariff hikes,” Le Xuan Chiew, research manager at Omdia, was quoted as saying in the report.

The demand in the US for iPhones is around 20 million per quarter at the moment.

South Korea's hydrogen fuel cell electric vehicle (FCEV) sector is facing a sharp downturn this year, with both domestic sales and exports falling significantly amid a lack of demand, industry data showed on Wednesday.

According to the Korea Automobile and Mobility Association (KAMA), only 18 hydrogen vehicles, including both passenger and commercial models, were exported from January to April, down 70 percent from 60 units a year ago.

Domestic sales came to 965 units over the cited period, raising concerns that the annual tally may dip to the lowest in years, reports news agency.

Hyundai Motor Co., which had led the global hydrogen vehicle market with models like the Nexo and the Xcient commercial truck, is losing momentum due to limited model availability and a lack of hydrogen infrastructure.

Bharat Sanchar Nigam Limited (BSNL) on Tuesday reported a net profit of Rs 280 crore for the January-March quarter, making it the second consecutive profitable quarter after the loss-making telecom major surged out of the red for the first time in the October-December quarter of 2024-25.

BSNL had made a loss of Rs 849 crore in the fourth quarter of the previous financial year. The company’s loss for the full financial year 2024-25 has now been reduced by 58 per cent to Rs 2,247 crore in FY-25 from Rs 5,370 crore in FY-24.

The government-owned telecom major’s total income shot by 10 per cent to Rs 23,427 crore during 2024-25 from Rs 21,302 crore in 2023 -24.

The government’s support through strategic revival initiatives, including spectrum allocation, and capital infusion have played a key role in bolstering the company’s operations.

With India on the brink of becoming the world’s fourth-largest economy, the milestone will boost the country’s manufacturing and medical technology sector, according to the Association of Indian Medical Device Industry (AiMeD) on Tuesday.

NITI Aayog on Monday said India is set to become the fourth largest economy in the world by overtaking Japan by the end of 2025.

The International Monetary Fund (IMF), in its World Economic Outlook (WEO) report released in April, said that India is expected to be the fourth largest economy in the world with a GDP of $4.19 trillion in 2025, ahead of Japan.

For the medical devices sector, the achievement will boost indigenous manufacturing and self-reliance, said Rajiv Nath, Forum Coordinator of the AiMeD.

“A growing economy allows us to scale up R&D, invest in new technologies, and become globally competitive,” Nath said.

The Adani Portfolio of companies on Thursday reported a landmark fiscal result for FY25, as EBITDA scaled to an all-time high of Rs 89,806 crore ($10.5 billion), up 8.2 per cent year-on-year.

Excluding non-recurring prior period items, the growth stands even higher at 18 per cent (on-year). Meanwhile, profit after tax (PAT) rose to an all-time high of Rs 40,565 crore.

Gross assets increased to Rs 609,133 lakh crore at a six-year (FY19-FY25) CAGR of over 25 per cent, as the Adani Portfolio registered record capex of Rs 126,000 crore ($14.7 billion).

"A key highlight of FY25 is the continued industry-beating Return on Assets (RoA) of 16.5 per cent, which is among the highest in any infrastructure business globally, underpinning the attractive asset base and the execution capabilities of the Adani Portfolio to continuously churn out the best quality assets across sub sectors," said Jugeshinder 'Robbie' Singh, GCFO, Adani Group.

 As Mumbai’s energy demand grows rapidly, Adani Electricity has taken a major step toward enhancing power reliability by equipping its frontline teams — “Power Warriors” — with advanced mobile infrared (IR) imaging tools.

These compact, smartphone-enabled devices are transforming how power infrastructure is monitored and maintained across the city.

Mumbai’s fast-paced redevelopment and climate shifts place growing pressure on power assets like transformers, switchgear, and distribution panels.

To stay ahead of potential faults, Adani Electricity has rolled out mobile thermal imaging devices that allow on-the-spot detection of equipment stress or overheating—often before any outward sign of failure appears.

Google may launch a cheaper version of YouTube Premium without its music streaming component in South Korea in a move aimed at addressing concerns over alleged anti-competitive practices, the country's antitrust watchdog said on Thursday.

The self-proposed measure is part of negotiations between the U.S. tech giant and the Fair Trade Commission (FTC), which has been investigating Google over suspicions that it violated fair trade rules by bundling YouTube Music to its premium subscription service.

In July last year, the FTC issued a report equivalent to a formal prosecution complaint, accusing Google Korea of unfairly bundling YouTube Music with YouTube Premium, thereby restricting consumer choice and abusing its market dominance, reports news agency.

The regulator claims Google's practice effectively forced consumers to subscribe to both services, limiting options for those who may have only wanted access to ad-free video streaming.

The Spices Board has launched the 'Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED)' scheme for the fiscal year 2025-26 under which financial assistance is offered across the value chain to farmers and Farmer Producer Organisations (FPOs) to enhance the production, quality and export of spices.

The scheme is aimed at increasing the productivity of small and large cardamom, improving the quality of post-harvest processes, and encouraging the production and export of value-added, GI-tagged, and organic spices. It also helps in enabling compliance with global food safety and phytosanitary standards and boosting the capacity of stakeholders across the value chain.

Online applications for the SPICED scheme will open on May 26. Spice exporters can apply under the scheme’s export development and promotion components until June 30, while farmers and FPOs can submit applications under the development components in other categories until September 30.

Lokpriya Gopinath Bordoloi International (LGBI) Airport, Guwahati, achieved 7.67 per cent growth in 2024-25 fiscal over the previous financial year (2023-24), officials said on Wednesday.

A spokesperson of the LGBI airport, Guwahati said that the airport, has witnessed significant growth with the airport successfully managed 6.57 million passengers, with 3.26 million domestic arrivals and 3.30 million domestic departures, and 91,594 international passengers, a record high for international passengers since the starting of the commercial operation on October 8, 2021.

On December 12, 2024, the airport achieved a single-day record, serving 21,444 passengers, including transit travellers. She said that LGBI airport has expanded its international route network, introducing direct flights to Paro, Malaysia and Singapore, contributing to increased international passenger traffic and Aircraft Traffic Movements (ATMs).

The number of passengers flown by India’s domestic airlines during April this year crossed the 1.43 crore mark, which represents an 8.45 per cent increase compared to the same month of the previous year, despite bad weather impacting operations during the month, figures released by the Directorate General of Civil Aviation on Wednesday showed.

Passengers carried by domestic airlines during January-April this year went up to 575.13 lakh, which represents a 9.87 per cent increase over the corresponding figure of 523.46 lakh during the same period of the previous year.

Bad weather was a significant factor in flight disruptions during April, accounting for 38.8 per cent of all cancellations in air tickets by passengers. This directly impacted 20,840 passengers, as a result of which airlines had to shell out Rs 41.69 lakh in compensation and facilities, marking a 117 per cent increase month-on-month.

With a financial outlay of Rs 2,000 crore, the PM E-Drive scheme will support the installation of approximately 72,000 EV public charging stations across the country, the government said on Wednesday.

These stations will be strategically deployed along 50 national highway corridors, within high-traffic destinations such as metro cities, toll plazas, railway stations, airports, fuel outlets, and state highways, the Ministry of Heavy Industries said in a statement.

Union Minister for Heavy Industries, HD Kumaraswamy, chaired a inter-ministerial coordination meeting to review and accelerate the implementation of EV charging infrastructure under the PM E-Drive scheme.

Torrent Pharmaceuticals on Wednesday reported a 0.99 per cent quarter-on-quarter (QoQ) decline in its net profit for the fourth quarter (Q4) of FY25, with earnings dropping to Rs 498 crore from Rs 503 crore in the previous quarter (Q3 FY25).

The homegrown pharma company's total expenses climbed to Rs 2,252 crore, an increase of nearly 4.70 per cent on sequential basis and 4.99 per cent year-on-year (YoY).

The rise was driven by higher costs across key segments. The cost of materials consumed increased by 8.65 per cent to Rs 402 crore, while employee benefits expense rose by 2.19 per cent to Rs 561 crore.

Depreciation and amortisation expense inched up 1.01 per cent to Rs 201 crore, and other expenses grew by 4.46 per cent to Rs 703 crore.

Despite the dip in net profit, the company's revenue showed steady growth. Revenue from operations stood at Rs 2,959 crore in Q4 FY25, up approximately 5.34 per cent from Rs 2,809 crore in Q3.

EV penetration in India has improved with new model launches over the last six months, and new model launches and government incentives will drive hybrid penetration growth in the near term, an HSBC report said on Wednesday.

Contrary to popular assumptions, hybrids are not currently competing with EVs, but rather, are complementary to them. For instance, in states with hybrid incentives, EVs have grown more even after incentives were announced, said HSBC Research in its note.

“We think India will remain a multi-powertrain industry over the medium to long term,” it stated.

Hybrids, CNGs and biofuels are practical medium- to long-term solutions, while the country moves towards eventual electrification.

Nearly seven in 10 young professionals (67 per cent) in India are open to new opportunities but don’t know what job titles or industries to search for, according to new research on Wednesday.

The research by LinkedIn, the world’s largest professional network, based on a survey of 2001 employed and unemployed Indian respondents aged 18-78, showed that 65 per cent of professionals in India can explain their career goals to a friend. However, they don’t know how to search for that role, and 64 per cent find job filters confusing.

Another 74 per cent said they wish they could discover relevant roles they hadn’t thought to search for.

As job titles evolve and skills become central to hiring decisions, there is increasing demand among job seekers for easier ways to find opportunities based on their skills and goals, rather than predefined titles or keywords, the research said.

The Gemini app now has over 400 million monthly active users and we are seeing strong growth and engagement particularly with the 2.5 series of AI models, Sundar Pichai, CEO of Google and Alphabet, has said.

Over seven million developers are building with Gemini, five times more than this time last year, and Gemini usage on Vertex AI is up 40 times, said Pichai during the ‘Google I/O 2025’ conference in the US.

“For those using 2.5 Pro in the Gemini app, usage has gone up 45 per cent,” he informed.

This time last year, “we were processing 9.7 trillion tokens a month across our products and APIs. Now, we’re processing over 480 trillion — that’s 50 times more”, Pichai added.

He further stated that what all this progress means is that “we’re in a new phase of the AI platform shift, where decades of research are now becoming reality for people, businesses and communities all over the world”.

About 93 per cent industry leaders across eight countries, including in India, believe that manufacturing organisations that fully integrate AI will gain a significant competitive edge, a report showed on Monday.

About 96 per cent have experienced operational and efficiency improvements and 62 per cent experiencing an ROI of greater than 10 percent, while 80 per cent of organisations have invested in AI knowledge and skills training, said the KPMG International report.

About 74 per cent are using machine learning, 72 per cent predictive analytics and 67 per cent are using agentic AI.

For production and supply chains, AI enables real-time decision-making, predictive analytics and self-optimising workflows.

According to the ‘Intelligent Manufacturing Report,’ AI can combine external and internal data points, such as client consumption patterns and global indices, to provide a meaningful decision support system around cost optimisation and intelligent commodity forecasting.

RVAI Global, a new venture in the AI Services space and a next-generation AI services firm, on Monday, announced its official launch with a mission to empower global enterprises in becoming AI-led organisations.

The company aims to simplify the AI journey for businesses through cutting-edge solutions, deep-tech capabilities, and a customer-first approach.

Founded by Vijay Sivaram, part of the founding team at Quess Corp, and Rohit Himatsingka, formerly with Essar’s Black Box, RVAI Global is poised to address the dynamic technology landscape by delivering practical, scalable, and future-ready AI solutions.

“It is estimated that 92 per cent of enterprises intend to increase their investments in AI. The future of enterprises and their workforce will be shaped by agentic platforms working seamlessly alongside human talent. This synergy will unlock new levels of productivity, efficiency, and decision-making -- placing RVAI at the heart of this transformation,” said Vijay Sivaram, Co-founder, RVAI Global.

Following healthy collections from customers along with receipt of overdue payments, credit rating agency ICRA on Monday revised the outlook on the Indian telecom tower industry to ‘Stable’ from ‘Negative.’

The industry was earlier facing headwinds owing to elongated receivables, on account of delays in payments by some of the telecom service providers.

However, the situation has improved materially with consistent timely payments to the tower companies resulting in reduction of receivable days to around 45-60 days, lower than the ICRA’s negative outlook threshold of 80 days.

This, coupled with recovery of the past overdues, has enhanced the liquidity profile of the telecom tower industry and moderated the reliance on external debt, which is likely to translate into improvement in the return metrics of the industry.