Elon Musk is suing Sam Altman’s OpenAI, alleging the company betrayed its founding mission of open-source AI for humanity. Musk claims OpenAI, now a Microsoft subsidiary, has become a closed-source, for-profit entity. OpenAI dismisses the lawsuit as a distraction fueled by Musk’s competitive jealousy and his own AI venture, xAI.
Raghav Chadha’s defection from AAP to BJP, along with six other Rajya Sabha members, significantly weakens the party’s parliamentary strength and national positioning. This move, which qualifies as a merger under anti-defection rules, erodes AAP’s credibility and its ability to represent Punjab’s interests nationally, potentially impacting upcoming elections.
Reliance Industries’ Q4 FY26 net profit declined 12.5% year-on-year to Rs 16,971 crore, impacted by the Middle East crisis affecting its oil and chemicals business. Despite this, revenue rose 13% to Rs 2.98 lakh crore, with strong contributions from digital services and retail. Jio Platforms reported a 13% profit increase to Rs 7,935 crore.
Raghav Chadha, formerly of AAP, has joined the BJP, a party he previously labeled as ‘illiterate goons.’ Chadha cited AAP’s deviation from principles for personal gain as his reason for leaving. He now praises PM Modi’s leadership and vows to continue raising citizen issues under the BJP banner.
The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank Limited, effective April 24. The central bank cited violations of the Banking Regulation Act, including mismanagement and failure to protect depositor interests. The RBI will initiate winding-up proceedings, assuring depositors of full repayment.
If Sudharsan scores 72 runs against RCB at the M. Chinnaswamy Stadium on Friday, he will become the fastest batter to complete 2,000 runs in IPL history. He currently has 1,928 runs from 46 matches and 46 innings at an average of 45.90 and a strike rate of 145.83, with two centuries and 13 fifties.
Rupee has hit a decade-low against global peers, driven by soaring oil prices and significant foreign investor withdrawals. This depreciation, reflected in a weakened Real Effective Exchange Rate, makes exports cheaper but imports costlier. Despite the current undervaluation, a swift recovery is not anticipated due to sustained dollar demand.
