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Customers want both Gen AI efficiency and human empathy, finds new Geneva Association report
While people welcome Gen AI’s convenience and possibilities for...
Top 26 e-commerce platforms claim they are free of dark patterns that deceive consumers
The Guidelines for Prevention and Regulation of Dark Patterns,...
CBIC urges public to discern modus operandi of fraudsters
The Ministry of Finance has referred to various news portals and social media platforms that have highlighted a disturbing trend where fraudsters are duping the public into paying money under the false pretence of avoiding legal penalties New Delhi: The Central Board...
Budget FY24-25: Sitharaman to hold pre-budget meeting with industry chambers on Jun 20, GST Council to meet on June 22
The 2024-25 Budget is likely to lay out Modi 3.0 government's economic agenda.The finance minister will have to look at measures to boost growth without hurting inflation as well as look for resources to meet the coalition government's compulsion New Delhi: Finance...
Sensex & Nifty may scale new high in coming weeks, FIIs invest Rs 2,030 crore in capital markets last week
"With government continuity now in place, we believe the market can look forward to further structural reforms, giving us more confidence in the earnings cycle. Macro stability with rising GDP growth relative to real rates should extend India's outperformance over...
Mutual funds industry adds 8.1 mn new investor accounts in Apr-May FY25
"As India's per capita income grows, investors will look to save money in asset classes, which have the potential to beat inflation and create wealth. As the penetration of mutual funds increases, this will translate into a higher folio base at the industry level,"...
Hyundai Motor India files for landmark IPO expected to surpass LIC’s record
The planned IPO is structured entirely as an offer for sale (OFS) involving 142,194,700 equity shares by Hyundai Motor Company, as detailed in the draft red herring prospectus (DRHP). Notably, there is no fresh issue component in this offering Mumbai: Hyundai Motor...
Mcap of five of top-10 most valued firms jumps Rs 85,582 cr; LIC biggest gainer
The valuation of LIC jumped Rs 46,425.48 crore to Rs 6,74,877.25 crore, the most among the top-10 firms. Mumbai: Five of the top-10 most valued firms together added Rs 85,582.21 crore in market valuation last week, with Life Insurance Corporation of India (LIC)...
Kuwait fire, a reminder of dismal working conditions of Indian diaspora
About 13 million Indians work abroad - more than 60% of them in Gulf nations - according to information shared with parliament by the Indian foreign ministry in 2023. The bodies of 45 Indians who died in a fire in a labour housing facility in Kuwait were flown to...
Drafting of rules under data protection law in advanced stage; extensive industry consultations soon: Vaishnaw
Ashwini Vaishnaw, Union Minister for for Electronics and IT The Parliament had passed the DPDP Act in August last year. The key piece of legislation aims to protect the privacy of Indian citizens while proposing a penalty of up to Rs 250 crore on entities for misusing...
Trai takes up fraud, pesky call issues in meeting with financial regulators, institutions
The telecom regulator discussed the allocation of 160 series exclusively for making transactional and service voice calls, which has been earmarked for all entities regulated by the RBI, Sebi, Irdai and PFRDA in the first stage NEW DELHI: Telecom regulator Trai has...
Sensex, Nifty hit fresh lifetime highs on buying in blue-chips HDFC Bank, Reliance
“There is a temporary blip in the market momentum, due to a lack of fresh triggers after the hawkish commentary from the US Fed, lowering the plausibility of a rate cut in the short-term. A near-term consolidation seems probable as domestic investors await cues from...