The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around the 22,820 level, a premium of nearly 85 points from the Nifty futures’ previous close. On Tuesday, the domestic equity benchmark indices failed to sustain all intraday gains to end marginally lower amid profit … Read more
An argument that is often heard against the National Pension Scheme(NPS) is the long lock-in till age of 60 years. Another concern is the accessibility of the corpus in case of early retirement. Subscribers have for long been used to defined benefit scheme like the employee provident fund which gives a fixed return and find … Read more
Intel Corp. is rolling out a new version of its artificial intelligence chip, aiming to challenge Nvidia Corp. in one of the fastest-growing parts of the semiconductor industry. The updated processor, called Gaudi 3, will be widely available in the third quarter, Intel said at a company event early Tuesday. The chip is designed to … Read more
Lakumi Trust and Nicomac Machinery Pvt Ltd jointly offloaded a 4.9 percent stake in Gland Pharma for ₹1,411 crore via open market transactions on Tuesday. This divestiture entailed the sale of 81.20 lakh shares of Gland Pharma through separate bulk deals on the National Stock Exchange (NSE). As per NSE data, Lakumi Trust divested 61.65 … Read more
I am a non-resident Indian (NRI) living in Germany. I have recently sold an immovable property in India and reinvested the sale proceeds (post tax deducted at source) in another residential property as per instructions of my tax consultant to save tax in India. Though the capital gains will not be taxed in India, I … Read more
Elon Musk, the CEO of Tesla, made some bold predictions during an interview on Monday, suggesting that artificial intelligence (AI) smarter than the smartest human could be developed as soon as next year or by 2026. Speaking on X spaces, despite facing multiple technology glitches, Musk discussed various topics, including the constraints faced by AI … Read more
Voters in India, meanwhile, will cast ballots later this month, with self-styled strongman Narendra Modi expected to win a third term as prime minister in the world’s most populous country. Taiwan, Portugal, Russia and Turkey have already held elections. By year-end, countries accounting for over 60% of the world’s economic output and more than half … Read more
CIBIL score is a key factor that banks consider at the time of evaluating an individual’s creditworthiness. While savings and investments themselves do not directly impact your CIBIL score, they indirectly affect it through various financial behaviours. The factors which actually impact the credit score, also known as CIBIL score, include the payment history, debt … Read more
In a bid to enhance user experience and offer access to its advanced AI service, Gemini, Google has made significant strides in integrating the feature across its platforms. The latest developments include the introduction of a dedicated chatbot within Workspace, a standalone app available in app stores, and a toggle feature for Gemini within the … Read more
Tesla Inc. shares jumped as much as 5 per cent on Monday after chief executive officer (CEO) Elon Musk announced the company will unveil Robotaxi in August this year. The electric car maker will unveil the self-driving Robotaxi on August 8, said Musk in a post on social media platform X. Without revealing details Musk … Read more
