BUSINESS
Elon Musk Endorses California’s AI Regulation Bill
"I understand that the bill is controversial," Musk said in a statement on the X social media platform. "[B]ut, on balance, California should approve SB 1047." He andare long-standing supporters of AI being subject to regulation, calling it similar to the level of scrutiny endured by other technologies presenting public risks.
Sensex Opens Steady Amid Mixed Global Market Signals
Midcap and smallcap stocks are experiencing more buying interest compared to largecap stocks. The Nifty Midcap 100 index has risen to 59,117, gaining 185 points or 0.32%, and the Nifty Smallcap 100 index has climbed to 19,183, up 51 points or 0.27%.
Home Loan Balance Transfer vs. Refinancing: Which Option is Better?
In this article, we’ll explore the differences between home loan balance transfer and refinancing, helping you make an informed decision.
Co-Working vs. Traditional Office: Which is Right for You?
One of the most significant advantages of co-working spaces in Bangalore is the flexibility they offer. Unlike traditional offices that require long-term leases, co-working spaces allow businesses and individuals to scale up or down as needed.
India Proposes UPI as a Universal Solution for Accelerating Cross-Border Payments
At the RBI@90 Global Conference on 'Digital Public Infrastructure and Emerging Technologies', Das spoke of the challenge for harmonization of payment systems globally. In light of that, he said countries may wish to develop their respective systems based on local needs. He further mooted a plug-and-play system which could be easily replicated while respecting national sovereignty.
RBI Set to Roll Out ULI System Nationwide to Accelerate Lending for MSMEs and Agriculture
Speaking at a global conference, Das said after a successful pilot study, the system would soon be operationalized across the nation.
RBI constantly working on devising policies to make financial sector stronger, nimble, says Shaktikanta Das
In a keynote address at the Global Conference on Digital Public Infrastructure and Emerging Technologies, which is part of the RBI@90 initiative, Das said that DPI and emerging technologies would determine the future journey of almost all economies of the world.
Velocity Launches Rs 400 Crore Fund to Support D2C Brands
Abhiroop Medhekar, founder and CEO of Velocity, stressed the fact that e-commerce is growing in leaps and bounds: by 2030, India will be the third-largest online market in the world, reaching $325 billion, attracting 500 million shoppers. Velocity's debt financing solutions are specially tailored to give D2C and e-commerce brands the ability to scale up operations, refine inventory management, and put together robust marketing campaigns.
Cathay Cargo Seeks Expansion in India, Proposes 'Co-Termination' of Freighter Planes
With the open-sky policy, the Indian government allows several foreign cargo carriers to operate from all international airports so as to fast-track movement of goods, especially to push exports of perishable items.
Pearls Group Founder Nirmal Singh Bhangoo Dies Amidst Rs 45,000 Crore Ponzi Scam Case
Reports indicate that Bhangoo was taken to Deen Dayal Upadhyay Hospital in West Delhi after his condition worsened while he was in Tihar jail. Confirmation from either the jail officials or the Central Bureau of Investigation (CBI) is still pending.
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