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Here is a masonry blog layout with no sidebarChinese war over Taiwan may cost world economy $10 trillion
Globally, 5.6% of total value added comes from sectors using chips as direct inputs — nearly $6 trillion. Total market cap for the top 20 customers of chip giant Taiwan Semiconductor Manufacturing Co. is around $7.4 trillion. The Taiwan Strait is one of the world’s...
Microsoft, OpenAI hit with new lawsuit by authors over AI training
Writers Nicholas Basbanes and Nicholas Gage told the court in a proposed class action that the companies infringed their copyrights by including several of their books as part of the data used to train OpenAI’s GPT large language model OpenAI and its financial backer...
Pramerica Life launches new brand campaign,
Pramerica Life Insurance on Monday announced the launch of its inspiring brand campaign, "This is My Climb." This powerful campaign, featuring two short films, aims to celebrate the diverse stories of purpose, aspirations, and resilience that define our individual...
LIC to pick up 10% stake in NHB-promoted company
In a regulatory filing, LIC said the board has cleared the proposal to invest in a new company, promoted by the NHB, for residential mortgage-backed securities, through equity contribution up to 10 per cent of the share capital Mumbai: Life Insurance Corporation of...
India’s exports may take a $30 billion hit on Red Sea disturbances
Higher global freight and insurance rates, possible upside risk to oil and global trade and re-emergence of potential supply chain would mean cost push inflation pressures New Delhi: India may see around $30 billion shaved off its total exports in the current fiscal...
PK Arora, Member, Actuary, IRDAI gets 2-yr extension
Pramod Kumar Arora, member, Actuary, IRDAI Though, the government had advertised for the post sometime back, it decided afterwards to give extension to Arora, who was also managing Reinsurance Department at the IRDAI New Delhi: The government has given two...
Automobile retail sales rise 11% annually in 2023: FADA
The overall domestic automobile retail sales stood at 2,38,67,990 units in the 2023 calendar year as compared to 2,14,92,324 units in 2022 New Delhi: Aided by robust demand, automobile retail sales in India rose by 11 per cent last year as compared to 2022, dealers'...
MFs’ AUM at Rs 50 lakh cr, add Rs 10 lakh cr in 2023
The industry saw net inflows of Rs 2.7 trillion in 2023 as compared to an inflow of over Rs 71,000 crore in the preceding year. The huge inflow could be on the back of sustained investor interest in equity funds, arbitrage funds, and index funds & ETFs Mumbai: The...
Maximum flight time in night restricted to 8 hours,says DGCA in amended flight duty regulations
According to DGCA, the revised regulations mandate increased weekly rest periods from 36 hours to 48 hours for flight crew, thus ensuring sufficient time for recovery from cumulative fatigue New Delhi: The Directorate General of Civil Aviation (DGCA) has made...
Tesla to recall 1.6 million cars in China to fix autopilot, reduce risk of collision
The vehicles were made between August 26, 2014 and December 20, 2023. In these vehicles, drivers might "misuse" the Autopilot functions, which could increase the risk of collisions, the regulator said in the statement, according to CNN Tesla is recalling 1.6 million...
Indian tax payers migrating to higher range of total gross income: SBI Research report
The number of ITRs filed by people earning between Rs 10 lakh and Rs 25 lakh has increased by 291 per cent, the report said. Total number of persons filing Income tax increased to 74 million in the assessment year 2022-23 from 70 million in 2021-22 Mumbai: The income...
682 cases of JN.1 recorded in 12 states till Jan 6: Sources
199 cases were reported in Karnataka, 148 in Kerala, 139 in Maharashtra, 47 in Goa, 36 from Gujarat, 30 each from Andhra Pradesh and Rajasthan, 26 in Tamil Nadu, 21 in New Delhi, 3 in Odisha, 2 in Telangana and one in Haryana A total of 682 cases of the JN.1...
Mukesh Ambani owns same Boeing jet that was in Alaska Air accident
Reliance has several other jets in its corporate fleet, including two Embraer SA ERJ 145 aircraft and one Airbus SE A319. It also has two helicopters, a Dauphin and a Sikorsky, in its company hangar, according to media reports. India’s Directorate General of Civil...
DGCA says checks of Boeing 737-8 Max planes completed satisfactorily
"These checks have been satisfactorily performed on the fleet of operational fleet of Boeing B737-8 Max aircraft by Air India Express (4), Spicejet (8) and Akasa (20)," DGCA said in a statement New Delhi: Aviation regulator DGCA on Monday said the checks of Boeing...
Active Covid cases in country recorded at 4,049
Five deaths -- two each from Kerala and Maharashtra and one from Jammu and Kashmir -- have been reported in a span of 24 hours, according to the ministry's data updated at 8 am India has recorded 756 new cases of Covid, while the number of active cases of the...
Japan crash marks test of how new carbon jets cope in a disaster
While investigators seek the cause of the collision, the aviation industry is keen to confirm the survivability of high-tech composite airliners which have transformed the economics of long-haul flight and airlines in the past decade Tuesday’s runway collision in...
Climate change makes forecasting harder, says Australia’s agriculture minister
“Climate change is having an impact. The models that we’ve traditionally used are having to change because the climate is changing. That’s something that I know the Bureau is working hard on, but unfortunately, the reality is that climate change means that we are...
ECB cyber stress test not to affect capital requirements
The exercise will assess how banks respond to and recover from a cyberattack, rather than their ability to prevent it. As part of the exercise, 28 banks will undergo an “enhanced” assessment, under which they will have to submit additional information on how they...