Mumbai, Dec 4 (PTI) Reserve Bank’s high-level panel on Wednesday started deliberations on the bi-monthly monetary policy amid expectations of status quo on interest rate as the retail inflation is above the upper tolerance level of the central bank. The decision taken at the RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) will…
Google re-hired its long-time researcher, Noam Shazeer, to co-lead its AI models in a $2.7 billion deal, the Wall Street Journal reported. Mr Shazeer quit Google in 2021 after being a part of the company for 21 years. He reportedly quit when the company refused to launch a chatbot head had built along with a…
China’s military was on “high alert” Thursday and Beijing said it had lodged a complaint with Tokyo after a Japanese warship sailed through the Taiwan Strait for the first time. Japan’s top government spokesman Yoshimasa Hayashi declined to comment on the reports at a regular briefing because they concerned military operations. But Beijing confirmed its…
JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source familiar with the matter said on Tuesday. The discussions started earlier this year and have advanced in recent weeks, but any potential deal could still be months away, said the source, who asked not to be…
Brent crude futures fell below $70 a barrel on Tuesday for the first time since December 2021, after Opec+ revised down its demand forecast for this year and 2025. Brent crude futures were down $2.33, or 3.24 per cent, at $69.51 a barrel at 11:08 a.m. EDT. US West Texas Intermediate crude lost $2.50, or…
Hundreds of passengers have been stranded at Kenya’s main airport after workers went on strike in protest at a planned takeover by an Indian business group. Large queues formed outside Nairobi’s Jomo Kenyatta International Airport (JKIA) on Wednesday morning as flights were delayed and cancelled. Union leaders on Wednesday evening said they would return to…
New Zealand will drastically raise its international visitor entry charge on October 1st, raising concerns about possible effects on the number of tourists. The International Visitor Conservation and Tourism Levy is going to increase by almost three times, from NZ$35 (Rs 1,825) to NZ$100 (Rs 5,214). The government of New Zealand has defended the hefty…
Budget Day is an eagerly anticipated event in India, with both businesses and the general public waiting with bated breath to understand the schemes and initiatives that could potentially benefit them. This year, due to the elections, Budget 2024 has been announced later than usual i.e., February 1. The FM announced the Final Budget on 23rd…
Introduction Context and Background Overview of the economic impact of COVID-19. Changes in consumer behaviour, business operations, and global markets. The shift towards digital transformation and its implications on investments. Purpose of the Blog To explore how investors can navigate the new landscape. To provide actionable strategies for both short-term and long-term investment planning. Understanding…
Apple relied on chips designed by Google rather than industry leader Nvidia to build two key components of its artificial intelligence software infrastructure for its forthcoming suite of AI tools and features, an Apple research paper published on Monday showed. Apple’s decision to rely on Google’s cloud infrastructure is notable because Nvidia produces the most…
