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
Rejecting media reports suggesting the large-scale reopening of cases related to incorrect house rent allowance (HRA) claims, the Central Board of Direct Taxes (CBDT) on Monday, April 8 clarified that “apprehensions about retrospective taxation on these matters and re-opening of cases are completely baseless.” Also Read: Income Tax: Rent paid to spouse can be claimed … Read more
For decades linguists have argued over how children learn language. Some think that babies are born as “blank slates” who pick up language simply from experience—hearing, seeing and playing with the world. Others argue that experience is not enough and that babies’ brains must be hardwired to make acquiring language easy. AI models such as … Read more
After a stellar FY24, what should be our expectations from the market for FY25? Are you positive about the market or do you expect a significant correction? While a large part of valuation rerating is done in FY24, we expect a superior earning growth trajectory driving market growth during FY25 and beyond. We foresee a … Read more
Credit cards: Revolving credit Personal loans: Instalment credit With a credit card, you are approved for a credit limit, and you can borrow up to that limit multiple times as long as you make at least the minimum payment each month. Interest is usually applied to any remaining balance at the end of your billing … Read more
