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Rs 13,693 Cr for NDMF For FY 2021-26, Spends Rs 71,889 Cr in FY 24 to States for Disaster Response: FM

Rs 13,693 Cr for NDMF For FY 2021-26, Spends Rs 71,889 Cr in FY 24 to States for Disaster Response: FM

15 Dec 2024 17:11 PM IST

Centre allocates Rs 71,889 crore to states under Finance Commission recommendations for disaster response, local bodies, and health sector grants.
PSBs Record Highest Ever Net Profit For FY 24: FM

PSBs Record Highest Ever Net Profit For FY 24: FM

15 Dec 2024 16:54 PM IST

The Gross NPA ratio of Public Sector Banks has witnessed a remarkable improvement, declining to 3.12% in September 2024 from 14.58%.
Apple Under Fire For False AI News Alerts: BBC Raises Concerns

Apple Under Fire For False AI News Alerts: BBC Raises Concerns

15 Dec 2024 01:37 AM IST

Indian Public Sector Banks (PSBs) have reported their highest-ever aggregate net profit of Rs 1.41 lakh crore for the financial year 2023-24, according to a release from the Ministry of Finance on Sunday. The Gross Non-Performing Assets (GNPA) ratio has also seen a significant decline, dropping to 3.12% as of September 2024. In a demonstration […]
Apple Under Fire For False AI News Alerts: BBC Raises Concerns

Apple Under Fire For False AI News Alerts: BBC Raises Concerns

15 Dec 2024 01:37 AM IST

The Indian startup ecosystem has experienced significant evolution over the past decade, leading to major shifts in how private equity (PE) and venture capital (VC) firms strategize their exits from startups. Traditionally viewed as venues for established companies, Indian stock markets are now providing diverse opportunities for new-age startups to access public funding, offering lucrative […]
Apple Under Fire For False AI News Alerts: BBC Raises Concerns

Apple Under Fire For False AI News Alerts: BBC Raises Concerns

15 Dec 2024 01:37 AM IST

Apple’s AI service faces criticism after generating a false news alert falsely attributing a suicide story to BBC. The broadcasting giant has filed a formal complaint, raising questions about the reliability of AI-powered news aggregation.
Apple Under Fire For False AI News Alerts: BBC Raises Concerns

Apple Under Fire For False AI News Alerts: BBC Raises Concerns

15 Dec 2024 01:37 AM IST

Ashar Group, a leading real estate firm in Mumbai, has transformed the old and beautiful family bungalow of superstar Dilip Kumar and his wife Saira Banu into a high-end residential complex called ‘The Legend’ on his 102nd birth anniversary. The luxury development has created much buzz as it sold out Rs 500 crore within the […]
Apple Under Fire For False AI News Alerts: BBC Raises Concerns

Apple Under Fire For False AI News Alerts: BBC Raises Concerns

15 Dec 2024 01:37 AM IST

The Sensex dropped more than 1,200 points in early trading on Friday due to widespread selling. As a result, investor wealth decreased by Rs 6.93 lakh crore, falling from Rs 458.15 lakh crore to Rs 451.22 lakh crore. The Sensex fell 1,207 points to 80,082, and the Nifty slipped by 368 points to 22,180, reflecting […]
Apple Under Fire For False AI News Alerts: BBC Raises Concerns

Apple Under Fire For False AI News Alerts: BBC Raises Concerns

15 Dec 2024 01:37 AM IST

The Adani Group’s recent decision to reject a $553 million loan from the U.S. International Development Finance Corporation (DFC) for the construction of a deepwater port in Sri Lanka has been interpreted as a significant setback for U.S. foreign policy efforts in the region. Michael Kugelman, Director of the Wilson Center’s South Asia Institute, emphasized […]
HDFC Bank Receives SEBI Warning For Alleged Non-Compliance of Multiple Regulations

HDFC Bank Receives SEBI Warning For Alleged Non-Compliance of Multiple Regulations

12 Dec 2024 18:04 PM IST

The letter, dated December 9, 2024, highlights issues identified during SEBI's routine inspection of the bank's investment banking operations.
25 States Achieve Over 7% growth in their Gross State Domestic Product, 17 Surpass 9% Since COVID 2023: PHDCCI

25 States Achieve Over 7% growth in their Gross State Domestic Product, 17 Surpass 9% Since COVID 2023: PHDCCI

12 Dec 2024 17:54 PM IST

Tourism-centric states like Kerala, Rajasthan, and Goa have leveraged India's rich cultural heritage to enhance foreign exchange earnings.
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