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News and analysis from the world of business and finance.

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#MintPremium | OpenAI announced a pilot plan for advertisements within ChatGPT, barely five days after cross-town rival Anthropic released a statement claiming that its ChatGPT counterpart, Claude, “is a space to think” and will remain ad-free.

Read more: https://www.livemint.com/companies/chatgpt-ai-india-advertisements-free-users-openai-ipo-advertisers-11787743587818.html

Trust our hard work, subscribe to #MintPremium: https://livemint.com/premium⚡️

Shouvik Das reports
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Media is too big
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#WATCH | Nepali Army releases footage of rescue operation after deadly flash flood
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NCLT Clears Subhash Chandra's ₹6.5 Cr Payout Against Claim Of ₹22,006.57 Cr | Vijay Mallya Responds

The National Company Law Tribunal (NCLT)’s special bench on Tuesday approved a repayment plan proposed by Zee group’s founder and chairman Subhash Chandra. Under the plan Chandra will pay just ₹6.5 crore against admitted creditor claims of about ₹22,006.57 crore, giving creditors a recovery of only around 0.03% of their admitted dues.

WATCH: https://www.youtube.com/watch?v=PF_elLqhKa0
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#MintMarkets | Market expert Raja Venkatraman shares his top stock picks for 28 August.

Here’s his technical outlook and trade strategy 📈
https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-28-august-11787845434349.html
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The RBI wants banks and NBFCs to follow clearer rules on loan spreads, rate revisions and APRs. The changes could make borrowing easier to compare, but may also push lenders to price risk upfront.

https://www.livemint.com/money/personal-finance/rbi-loan-rules-interest-rate-spread-banks-nbfcs-11787761731907.html

Trust our hard work, subscribe to #MintPremium: https://livemint.com/premium⚡️

Ananya Grover ✍️
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#MintMarkets | Indian equity markets opened on a positive note today. The Sensex rose 194 points to 77,128.05, while the Nifty advanced 31.75 points to 24,122.60.

https://www.livemint.com/market
The price of the yellow metal in India's retail market declined on Friday, 28 August, amid ongoing uncertainty over the US-Iran conflict in the Middle East.

Here's a look at the latest gold prices across major Indian cities 🪙
https://www.livemint.com/money/personal-finance/gold-silver-prices-today-28-august-check-retail-rates-of-24k-22k-gold-999-silver-in-delhi-mumbai-and-kolkata-11787885977535.html
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#MintPremium | The country's lax labelling of packages has provoked calls for boldface health warnings. While the rules clearly need to be stiffer, they mustn’t squash the liberty of marketers either. 🥫

Here’s how rule-makers could strike an optimal balance 👇
https://livemint.com/opinion/online-views/india-must-stiffen-packaging-rules-health-risk-big-loud-warnings-fssai-food-regulation-11787841512777.html
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Russia is facing a petrol shortage after Ukrainian strikes damaged parts of its oil-refining infrastructure, creating an unexpected new role for India in the fuel trade. Shipments from India have emerged as Russia looks for additional petrol supplies amid high demand and refinery disruptions.

Watch!
https://www.youtube.com/watch?v=PP0JtVwdaR4
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