Month: October 2024

Jaishankar cautions ‘AI is just as dangerous as nuclear weapons’. Here’s why

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Jaishankar cautions ‘AI is just as dangerous as nuclear weapons’. Here’s why

India’s Minister of External Affairs, S. Jaishankar, at the third Kautilya Economic Conclave, Delhi, said that artificial intelligence, along with factors like demographics and connectivity, will change the global order, according to mutiple media reports. “Demographic, connectivity and AI will change the global order,” said the external affairs minister at the economic conclave. Jaishankar also … Read more

Buy or sell: From ONGC to SBI — Ganesh Dongre recommends three stocks for Monday

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Buy or sell: From ONGC to SBI — Ganesh Dongre recommends three stocks for Monday

Buy or sell: As discussed last week, both the Nifty and Bank Nifty indices were in overbought conditions, resulting in a significant correction over the past week. The Nifty index dropped by nearly 5%, closing at 25,014, while the Bank Nifty corrected by about 6%, ending at 51,462. The Federal Reserve’s decision to cut interest … Read more

Joker: Folie a Deux: Unforgettable money lessons from an Oscar worthy film

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Joker: Folie a Deux: Unforgettable money lessons from an Oscar worthy film

Gotham City’s Arkham prison is not a fun place. The inmates have been tortured and medicated into submission. Among the prisoners is Arthur Fleck – dubbed the Clown Prince Of Crime – who has shot to death a TV host Murray Franklin (live on TV) as well as three drunk people who bullied him on … Read more

Gold and silver prices today on 06-10-2024: Check latest rates in your city

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Gold and silver prices today on 22-07-2024: Check latest rates in your city

Gold and Silver Prices Today: Gold prices experienced a minor decline on Sunday. The cost of 24 carat gold is Rs.7784.3 per gram, down by Rs.10.0. The cost of 22 carat gold is Rs.7137.3 per gram, also down by Rs.10.0. The price change in 24 carat gold over the past week has been -0.22%, while … Read more

Credit cards: Here are five key myths that need to be busted

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Credit cards: Here are five key myths that need to be busted

If you are set to get a credit card, there are a slew of features that you should be aware of. There is no denying the fact that a credit card enables you to get interest-free time — usually 40-45 days — when you use it to procure items of necessity or luxury. It works … Read more

India to underperform EMs in short-term: “The risk of ‘side effect’ is more on Indian market…”

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India to underperform EMs in short-term: “The risk of ‘side effect’ is more on Indian market…”

The stronger impact on the domestic stock market was partly due to our playing on a weak wicket. In the weeks prior, the domestic market had been underperforming relative to other EMs.  The underperformance intensified as investors began shifting funds to Asian counterparts like China, trading at significantly lower valuations—10x to 25x forward P/E in … Read more

Personal loan: Should you organise your wedding with borrowed money? Experts say this

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Personal loan: Should you organise your wedding with borrowed money? Experts say this

If you have a wedding at home which is due in a month or two, and are clueless as to how will you arrange the money — there is a little that you can do apart from raising a loan from a bank or a financial institution. But there is no specific loan given for … Read more

Meta takes on Google, OpenAI with new text to video generation model. Here’s how Movie Gen works

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Meta takes on Google, OpenAI with new text to video generation model. Here’s how Movie Gen works

Facebook owner Meta on Friday unveiled a new AI model called Movie Gen that can produce realistic-looking videos using only text prompts. Meta’s announcement comes almost 6 months after OpenAI took the AI industry by storm by unveiling its text-to-video generator, Sora. Movie Gen can also generate background music and sound effects that are synchronised … Read more

FPIs take U-turn in October, offload ₹27,142 crore in Indian equities: Here’s what triggered the sell-off

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FPIs take U-turn in October, offload ₹27,142 crore in Indian equities: Here’s what triggered the sell-off

Foreign portfolio investors (FPIs) continued their buying streak boosted by the latest supersized 50 basis points (bps) interest rate cut by the US Federal Reserve. FPIs made a remarkable comeback to Indian markets this month, snapping their previous moderation, driven by domestic and global factors. They were consistent buyers in June and July after election-related … Read more

PM Kisan Yojana 18th installment to be credited today: How to check eligibility

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PM Kisan Yojana 18th installment to be credited today: How to check eligibility

Prime Minister Narendra Modi is expected to release the 18th installment of PM Kisan Yojana Scheme on October 5, i.e, today. Under this scheme, all ‘eligible’ farmers would receive a sum of ₹2000 every four months. PM Kisan Yojana scheme provides financial aid to all the farming families in India, who have land. A total … Read more