Retail participation saw growth, with total mutual fund folios...
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No proposal to restore Old Pension Scheme for central government employees: FM
Nirmala Sitharaman,Union Finance Minister UPS has been introduced...
FPIs withdraw nearly Rs 18K cr from equities in August on trade tension
With this, the total outflow by Foreign Portfolio Investors (FPIs)...
Tax department notifies ‘Angel Tax’ rules for valuing investments in startups
"These changes offer taxpayers a broader range of valuation methods to choose from, including internationally recognized approaches, thereby attracting foreign investments and fostering clarity. Moreover, the notified final rule introduces an additional sub-clause...
OpenAI CEO says possible to get regulation wrong, but should not fear it
Sam Altman, CEO,ChatGPT “Models that are like 10,000 times the power of GPT4, models that are like as smart as human civilization, whatever, those probably deserve some regulation,” The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation...
AI, robots and satellite sensors are helping in the fight against wildfires
“It’s a huge game changer for the fire service,” says Schneider of the technology created by Pano AI, which acts as a second set of eyes looking out for fires. While AI alone won’t completely ease the burden of wildfire management, it’s one of a growing number of...
US energy regulator recommends revising reliability standards for extreme weather
FERC said the report recommends completing cold weather reliability standard revisions from Winter Storm Uri in 2021 – which resulted in the largest controlled blackout in U.S. history – and making U.S. natural gas infrastructure more reliable The Federal Energy...
Every minute 177 Ayushman Bharat cards made, 30 hospital admissions undertaken: Health Ministry
Under PM-JAY around 5.59 crore hospital admissions have been undertaken. Around 27,343 hospitals have been empanelled under Ayushman Bharat, providing both cashless and portable treatment facilities. 44 per cent of hospitalisations are of women beneficiaries, whereas...
“Without citing any evidence or basis”: Centre rebuffs Moody’s “baseless” opinions on Aadhar
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable New Delhi:...
India’s economic growth threatened as household savings hit 16-year low
“The household sector is consuming by borrowing more,” said Rupa Rege Nitsure economist with L&T Finance Holdings Ltd. This happens when income level stays stagnant but inflation creeps up. The recovery is not broad-based — while a section splurges on luxury...
National Health Authority to host 2-day Arogya Manthan event in Delhi
Ayushman Bharat PM-JAY, launched on 23rd September 2018, has scripted a saga of health, productivity and prosperity. With 5.5 crore free hospitalizations worth Rs. 69,000 crore, the scheme has not only ensured good health for crores of poor and downtrodden families...
Affordable, accessible healthcare road map for ‘healthy India’, says Jitendra Singh
“With increasing lifespan, changing lifestyles and environmental factors, the prevalence of cancer is assuming epidemic proportions and cancers of all nature and all organs are happening everywhere'' Union Minister Jitendra Singh Kathua/Jammu: Asserting that India has...
FPIs outflow in equities crosses Rs 10,000 cr mark in Sep on rising rates
"Since valuations remain high even after the recent pullback and US bond yields are attractive (the US 10-year bond yield is around 4.49 per cent) FPIs are likely to press sales so long as this trend persists," V K Vijayakumar, Chief Investment Strategist at Geojit...