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New Delhi: The Reserve Bank of India (RBI) has stated in the latest Financial Stability Report (FSR) that India 's household debt jumped to 41.3 percent of gross domestic product at the end of March 2025, while non-housing retail loans accounted for 55.3 per cent of household borrowings in the first half of FY26. The RBI mentioned that household borrowing patterns showed a steady increase above its five-year average with non-housing retail loans, largely taken for consumption, accounting for 55.3% of total household borrowing from financial institutions as of September 2025. Rising India Household Debt “The Household debt stood at 41.3 per cent of GDP as at end-March 2025, marking a sustained increase compared to its 5-year average of 38.3 per cent,” the RBI said. Among broad categories of household borrowings, non-housing retail loans extended mostly for consumption purposes continue to be the dominant segment, accounting for 55.3 per cent of total household borrowing from...
New Delhi: OpenAI is said to be refocusing on audio-based AI with its new hardware gearing up. Recent reports suggest that the company has restructured the internal teams to hasten the process of creating advanced audio AI models that might be used to drive a future audio-first device. The AI company based in San Francisco is reported to have combined its engineering, product and research departments to make the work on the next generation audio capabilities easier. The move is an indication of the increased interest OpenAI is showing in turning voice interactions into a more natural part of its products going forward and not just text-based AI experiences. New audio AI model According to a report by The Information, OpenAI has been developing a new audio generation model in the last two months. According to people who are conversant with the issue, it is possible that the model might be launched in early 2026. It is likely to greatly enhance the functionality of the current...
New Delhi: For years, the global electric vehicle race sounded like a one-man show. Tesla was the face of EVs, the benchmark brand everyone compared numbers with, and the company many automakers feared or admired. But the story feels like it is changing now. China’s BYD is set to overtake Tesla as the world’s biggest seller of electric cars, and that marks a big turning point in the EV world. Tesla always felt unbeatable for a long time. But BYD quietly kept selling, expanding, and pushing volumes, especially in China. Now the Chinese giant has announced that its pure electric car sales jumped about 28 percent last year, touching more than 2.25 million units, which is massive. Tesla, on the other hand, is expected to be around 1.65 million units, based on analyst estimates that the company shared before revealing official numbers. BYD steps ahead of Tesla for the first time This is the first time BYD looks all set to pass Tesla in annual EV sales. Tesla had a tough year with mixed...
New Delhi: Another delay of Grand Theft Auto VI has been speculated that is finally over. The much-hyped release of the game by Rockstar Games is no longer anticipated to be delayed to any other date than the release date of November 19, 2026, worldwide. There are many industry sources indicating strongly that the release will remain on schedule as well as the developments of recent history. Anxiety had built up among fans due to weeks of speculations on the internet that there might be a delay. This worry was justified, as the game has already been delayed twice since the release of the first trailer in 2023. One of the former Rockstar executives has recently made the current timeline heavier, saying that any additional delay will only negatively impact the momentum in the game instead of creating excitement. GTA 6 price in India The initial speculations confirmed that GTA 6 would be released at a very high price of $100 in the market. The later reports, however, suggest that...
New Delhi: The Kia Seltos price sheet is finally out in full, and it pretty much confirms what many car buyers had been waiting to see. The prices start at ₹10.99 lakh (ex-showroom) for the base trim and stretch right up to around the ₹20 lakh mark for the top-end automatic ADAS variants. For a mid-size SUV in India, that is a wide ladder, and it is going to attract both budget-focused buyers and feature-seekers who want more kit and convenience. Kia Seltos full variant-wise price list in India (ex-showroom) Kia is offering the SUV in Tech-Line and GT Line or X-Line combinations, with multiple petrol and diesel engine options. Here is how the price ladder looks variant by variant, based on the official price sheet and variant table. Kia Seltos Variant-wise Price list (Ex-showroom India) Smartstream G1.5 Petrol (6MT) Variant Price HTE ₹10,99,000 HTE (O) ₹12,09,000 HTK ₹13,09,000 HTK (O) ₹14,19,000 HTX ₹15,59,000 HTX (A) ADAS ₹16,69,000 Smartstream G1.5 Petrol (IVT)...
New Delhi: UPI ended December with a robust figure, recording new highs on both transaction volumes and value following the temporary slump in November. According to data obtained by the National Payments Corporation of India (NPCI), the digital payments system had 21.63 billion transactions in the month, and its significance in daily spending in the country is increasing. In December, UPI transactions amounted to a total of Rs 27.97 lakh crore, and that is still almost six per cent up in comparison to November. The recovery has mostly been boosted by the increased consumer spending that happened in the festive seasons and the year-end holidays whereby individuals increased their spending in terms of shopping, travelling, eating and online services, reported by ET. Festive spending lifts digital payments December continued on a downward trend and was a sharp reversal of November, whereby UPI volumes had declined marginally. UPI processed approximately 698 million transactions daily in...
New Delhi: Instagram chief Adam Mosseri has made a stark warning that the rising tide of AI-generated content on the internet is gaining momentum, and the boundary between authentic and fake is fading away at a rapid pace. In a lengthy 20-slide post on Instagram, Mosseri stated that AI has reached its peak, where realistic photos and videos can be generated by virtually anyone, and trust on social media is now more difficult than ever. He proposed that Instagram might need to take a drastic measure soon, not only labelling AI-generated material but also checking and labelling authentic posts. With the lower cost, speed, and persuasiveness of AI tools, Mosseri informed platforms that they could not count on human intuition to understand what is authentic or what is fake. “Nothing is real by default anymore,” Mosseri says Mosseri, in his post, has acknowledged that the internet has taken a new turn where visual evidence cannot be used as certainty. He remarked that in the majority...
New Delhi: SoftBank has closed one of the biggest AI bets in history, and honestly, it feels like one of those moments you know we will look back at years later. The company has completed a massive 41 billion dollar investment in OpenAI, giving the Japanese group roughly 11 percent stake in the ChatGPT maker. As someone who keeps watching this AI wave unfold every single day, this one really stood out, not only for the size of money involved but also for the clear message it sends. Masayoshi Son has gone “all in” on artificial intelligence and he is not even hiding it anymore. The announcement comes right at the end of a year where AI has reshaped the tech industry, stock market mood, and honestly, daily conversations. SoftBank has not just written a cheque and walked away. It has also been buying into the hardware and digital backbone required to run AI systems. Just days before this OpenAI update, SoftBank announced a separate 4 billion dollar deal for DigitalBridge, a company...
New Delhi: As 2026 begins, artificial intelligence is no longer a future concept. It has already transformed workplaces, work processes and job descriptions in any industry. According to a new Microsoft study, the effect might be more profound and quicker than a number of people anticipate, as dozens of careers will experience the core of their tasks being progressively managed by AI systems. Although the majority of individuals equate AI to automation and productivity, the study poses an even more acute question: to what extent does the work done in modern times already lend itself to better, faster, or cheaper execution by the machine? According to actual workplace statistics, Microsoft results have shown that most of the occupations are passing into a period of rapid change as opposed to slow evolution. Microsoft’s Copilot data reveals the shift To be able to get out of speculation, Microsoft has analysed more than 200,000 actual employee-to-employee interactions with its AI...
New Delhi : A high-profile murder has sent shockwaves through Mohali in Punjab. Ashok Kumari Goyal, the wife of former additional advocate general Krishna Kumar Goyal, was found strangled at her house, and the servant of the family was discovered tied to a chair. They decamped with jewellery, cash Police said that the murder was executed with the intent to rob. The assailants tied up the servant of the house and decamped with jewellery and cash. Krishna Kumar Goyal was in Muscat when the murder took place. He was visiting his daughter in the Omani capital. Police sources said that sixty-six-year-old Ashok Kumari Goyal, wife of former Additional Advocate General of Punjab and Haryana High Court Krishna Kumar Goyal, has been murdered in Mohali. Domestic worker discovered her body Her body was discovered in the morning by a domestic worker at the Goyals’ residence in Phase 5, reports said. The housekeeper was found tied to a chair, while the woman had been strangled. Police said the...
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