Defaulted on a personal loan? You may have to face these consequences

Defaulted on a personal loan? You may have to face these consequences

Failing to repay a personal loan can lead to significant financial repercussions and negatively impact your credit score. Furthermore, the failure to repay your loan can lead to unnecessary stress. Waiting to communicate with your lender after missing a payment only compounds the anxiety over time. Here are some of the key consequences: Impaired credit … Read more

xAI introduces Grok 1.5 Vision: Know how it competes with GPT-4 and Gemini 1.5 Pro

xAI introduces Grok 1.5 Vision: Know how it competes with GPT-4 and Gemini 1.5 Pro

xAI, an artificial intelligence venture by Elon Musk, has unveiled an improved version of its Grok 1.5 model called Grok 1.5 Vision. This upgraded model now includes computer vision abilities, enabling it to understand and answer questions about images. This update comes shortly after OpenAI introduced its GPT-4 model, which also features computer vision capabilities. … Read more

Gold declines as dollar, yields strengthen following US retail sales data

Gold declines as dollar, yields strengthen following US retail sales data

Gold prices declined as the dollar strengthened and Treasury yields rose, driven by an unexpected increase in U.S. retail sales in March, on Monday. This development raised concerns that the Federal Reserve might postpone interest rate cuts for the year. Spot gold saw a 0.5 per cent decrease, reaching $2,332.97 per ounce as of 10:18 … Read more

Applying for a personal loan? Here are the 6 key factors your CIBIL score can influence

Applying for a personal loan? Here are the 6 key factors your CIBIL score can influence

CIBIL score, or credit score, maintains credit information of individuals and businesses. Your CIBIL score is a three-digit numeric summary of your credit history. It, undoubtedly, plays an important role in the loan application process. It influences the interest rates, loan terms, processing time and negotiating power, among others. For instance, someone with a high … Read more

Sun Pharmaceutical: 2 key reasons why HSBC expects 16% upside despite regulatory challenges

Sun Pharmaceutical: 2 key reasons why HSBC expects 16% upside despite regulatory challenges

Stock Market Today-  Sun Pharmaceutical Industries share price has decline 4-5% in last two trading sessions on regulatory concerns. The US drug regulator (USFDA) post conducting an inspection at Sun Pharma’s Dadra facility from December 4,2023 till December 15, 2024 have now determined the inspection classification status of this facility as Official Action Indicated (OAI). … Read more

RBI acts on credit card usage for P2P payments like rent and tuition fees: Will it ban them?

RBI acts on credit card usage for P2P payments like rent and tuition fees: Will it ban them?

In February 2024, the RBI data showed that credit card spending reached Rs. 1.5 lakh crores, a 26% annual growth. Within these spends, the usage of credit cards for payments like rent, tuition fees, vendor payments, society maintenance, etc., to individuals has picked up in the last few years.  The RBI is not comfortable with … Read more

Generative AI is a marvel. Is it also built on theft?

Generative AI is a marvel. Is it also built on theft?

Generative artificial intelligence (AI) has caused a creative explosion of new writing, music, images and video. The internet is alive with AI-made content, while markets fizz with AI-inspired investment. OpenAI, which makes perhaps the most advanced generative-AI models, is valued at nearly $90bn; Microsoft, its partner, has become the world’s most valuable company, with a … Read more

Why Samir Arora of Helios Capital is betting on travel and PSU stocks

Why Samir Arora of Helios Capital is betting on travel and PSU stocks

A bulk of Arora’s own equity investments have been made through Helios’ funds. On the consumption side, he has turned cautious on traditional consumption themes such as consumer durables and consumer staple. Instead, he has now built up positions on a consumption sub-theme – travel. “Indian consumers want to spend more on experiences. We have … Read more

Indian stocks may be unfazed by Iran reprisal attacks unless Israel responds

Indian stocks may be unfazed by Iran reprisal attacks unless Israel responds

Their comments came after the Tel Aviv Stock Exchange’s (TASE) benchmark TA-35 index closed up 0.27% at 1938.18 on Sunday despite Iran’s overnight drone and missile attacks. The TASE runs from Sunday through Thursday. On Sundays, it opens at 9:59 am and closes at 3:39 pm, and operates between 9:59 am and 5:14 pm Israel … Read more