Beyond Financial News

Tesla CEO Elon Musk on Monday predicted development of artificial intelligence that was smarter than the smartest human probably by next year, or by 2026. In a wide-ranging interview on X spaces that suffered multiple technology glitches, Musk also told Norway wealth fund CEO Nicolai Tangen that AI was constrained by the availability of electricity and that the next version of Grok, the AI chatbot from his xAI startup, was expected to be trained by May.

New Delhi: Taking on opposition parties for making personal attacks against PM Narendra Modi, defence minister Rajnath Singh on Monday said that more the mus they throw, more the lotus will bloom. Speaking at rallies in Tamil Nadu, Singh took on the INDIA bloc, saying that debates on the government's policies are welcome but its intentions cannot be questioned.

Real Madrid will take on Manchester City in the first leg of Champions League quarter-final match on Tuesday. While City are looking to defend their maiden Champions League title, Madrid are aiming to win the competition for the record-extending 15 times. Manchester City versus Real Madrid Champions League match will be held at Santiago Bernabeu in Spain. The soccer match is scheduled to kick off 3 pm (ET) on Tuesday, April 9.

The AIC noted the last tax year marked the third highest fundraising by VCTs, despite falling 18% from just over £1bn in 2022/23. The sector's record was reached in the 2021/22 financial year, when fundraising hit £1.1bn, meaning that in the last three tax years, VCTs raised more than £3bn. Investment into VCTs hits £144.5m in four weeks as tax year end looms Richard Stone, CEO of the AIC, said: «The continued strong fundraising by VCTs will be a great benefit to the UK's innovative young businesses in a challenging environment. „This support has an impact beyond the businesses ...

Vijay Shekhar Sharma has joined the social media health train by claiming to verify claims made by an X user (platform formerly known as Twitter), using ChatGPT. In a post engaging X user Chirag Barjatya's post on the harm of reusing cooking oil, Sharma said he asked ChatGPT "to give more details" and shared the response from the artificial intelligence (AI) tool. "Reheating and reusing ghee or cooking oil can indeed impact its health properties, including potentially increasing the trans fat content.

“Our equity funds focus on investing in quality stocks with a high growth generation ability aimed at multiplying your money 2x – 3x in 4 – 5 years,” says Vikaas M Sachdeva, MD, Sundaram Alternates. In an interview with ETMarkets, Sachdeva said: “We have set frameworks in place, 3Q – Quality of Business, Quality of Management & Quality of Management & 4 x 4 Wealth Multiplier Themes – Consumer Discretionary, Manufacturing, Phygital & Financial Inclusiveness,”. Edited excerpts: You have recently written a white paper on Quality vs Value. Can you tell us if one has an upper hand over the other? Vikaas M Sachdeva: In the past, stock analysis primarily focused on beta, the risk compared to the overall market. However, the Fama and French study introduced additional factors like size, momentum, low volatility, quality, value, and growth, expanding the discussion beyond beta.

As the bull market begins, top altcoins like Toncoin (TON) and Dogecoin (DOGE) have been experiencing significant price gains. However, investors are looking beyond cryptocurrencies that have peaked with little room for growth and shifting to more promising alternatives like Milei Moneda ($MEDA), which is set to maximize their gains. Read on to discover how Milei Moneda ($MEDA) has asserted itself as the best crypto investment of 2024.

Thierry Delaporte’s exit as Wipro’s top boss comes a year after Brian Humphries, another expat CEO, was removed by the Cognizant board. There are issues, beyond managing profit and loss, that expats have found challenging in India. Culture, for instance.

science fiction universe, the Ontario Eclipse Task Force (OETF) is made up of scientists, educators and other leaders in the field of astronomy who have met once a month for more than a year to prepare for an event that will last only approximately three-and-a-half minutes.“It’s really an unreal experience,” described astrophysicist Dr. Ilana MacDonald of University of Toronto’s Dunlap Institute for Astronomy and Astrophysics, who also chairs the OETF.“The sky becomes very, very dark.

Delhi Capitals suffered their fourth loss in five matches, slipping down to the bottom of the IPL table. DC now also has the worst NRR of -1.370 among all teams. Batting first, Mumbai Indians posted an imposing 234 for 5 against Delhi Capitals on Wankhede's placid track. Former skipper Rohit Sharma provided a blazing start, scoring 49 off 27 balls and adding 80 for the opening stand in just 7 overs with Ishan Kishan (42 off 23 balls), while Hardik Pandya (39 off 33 balls) and Tim David (45 not out off 21 balls) also contributed useful runs at the back-end. However, it was Romario Shepherd who smashed 39 off 10 balls, with 32 coming off the final over from Anrich Nortje (2/65 in 4 overs), which might have taken the target beyond DC's reach. DC conceded as many as 51 runs in the last two overs. When DC started its chase, Prithvi Shaw came up with a 40-ball 66 with three sixes and eight fours, but the asking rate kept soaring beyond its reach. No. 3 Porel hit a few attractive strokes but failed to make the most of a lifeline he got while batting on 30. The left-hander eventually perished for a 31-ball 41 with five fours, and following him back in the hut soon was Delhi captain Rishabh Pant (1). Delhi's lower order also cut a sorry figure, with Axar Patel (8), Lalit Yadav (3), debutant Kumar Kushagra (0), and Jhye Richardson (2) falling in quick succession, giving Gerald Coetzee a four-wicket haul.

₹13,783 crores, up 11% over the year ago. Profit jumped 30% to ₹1,320 crore, according to its annual filings. In December 2019, TCPL’s shares were trading at about ₹318 apiece.

Ramsay Brothers’ films were stuff straight from nightmares for several generations! Today these movies may appear outdated, over-the-top, and slightly kitsch, but over the years, these movies have attained cult status. Gangu Ramsay, one of the seven Ramsay Brothers, the pioneers of the horror genre in India, breathed his last on Sunday. He was 83. The veteran cinematographer-director, who was associated with several horror classics such as ‘Purani Haveli’, ‘Tekhana’ etc, was admitted to the Kokilaben Hospital, Mumbai after he complained of some health issues. “With profound sadness, we announce the passing of one of the Ramsay Brothers, the legendary cinematographer, filmmaker, producer, and the second eldest son of F.U. Ramsay, Gangu Ramsay. He departed from us early this morning at 8 am, at the age of 83, after battling health issues for the past month. He was admitted to Kokilaben Hospital," the family said in a statement.” His last rites took place at the Oshiwara Crematorium at 2:00 pm.

Romario Shepherd's 10-ball 39 not out outmuscled Tristan Stubb's courageous 71 off 25 balls as Mumbai Indians ended its three-match losing streak in the Indian Premier League with a 29–run win against Delhi Capitals here on Sunday. Conceding as many as 51 runs in the last two overs proved catastrophic for Delhi Capitals, whose bowlers remained wayward and batters lacked the spunk in the initial overs to go after MI bowlers, even though Stubbs went ballistic to make 25-ball 71 not out. The right-handed Stubbs smacked as many as seven sixes and three fours but his effort could only reduce the margin of defeat for Delhi, who lost a flurry of wickets towards the end to finish at 205 for eight in reply to Mumbai Indians' 234 for five. Once again poor quality of domestic talent in DC set-up proved to be their undoing. Save Abhishek Porel, none of the other young uncapped Indians have measured up.

While the COVID-19 pandemic pushed many Indians to purchase or increase their life insurance coverage, the non-life insurance penetration continues to remain around the 1% mark, underscoring the lack of financial protection necessary to support India’s growth ambitions. What’s more, most Indians are aware of only few products within the general insurance space, with health and motor insurance contributing to the lion’s share of non-life insurance policies sold in our country today. Recognising the fact that financial expenses associated with accidents and other emergencies could derail one’s life, let us explore the range of general insurance products that can offer a layer of much-needed protection that can facilitate a worry-free and healthier life.

Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says: “The way I look at it, infra will come back with a strong set of numbers and so will defence. Apart from that, I am looking at a good set of numbers from BFSI as well as real estate. These are the four-five sectors which definitely will come back with good numbers. As far as other sectors are concerned, IT and FMCG will be a mixed bag. I do not think we will see a major pickup in earnings in IT. Cement, again, will be a little subdued.” What are you making of the resilience of India equity markets? The fact that crude is already at $91, but the Indian markets are not really absorbing that hit so far and even the central bank seems not perturbed by the sudden spike that one has seen. Sudip Bandyopadhyay: Crude at $91 does not augur well for India. However, this has just happened and crude prices have been benign for a very long time and this sudden shooting up is predominantly on the back of two things. One is what is happening in Russia and the Gulf and also the Chinese demand suddenly picking up with possible economic recovery in China. Now, the combined effect of all these factors and somewhere I am sure the calculations are that geopolitical tensions will ease and production in Russia as well as the Gulf will stabilise.

Yuvraj Singh, for many, remains the benchmark. Despite battling an early onset of cancer, he helped India win the 2011 World Cup on home soil. While it wasn’t known at the time, his achievement in earning the Player of the Tournament award seems even more significant considering his health struggles. Often, health issues are beyond anybody’s control. Abhinav Bindra, for instance, battled epilepsy during the shooting final at 2016 Rio Olympics.

A new ETF is trying to capture profits in the municipal funds space.

Tomorrow's IPL Match: Lucknow Super Giants (LSG) and Gujarat Titans (GT) will clash on April 7 at the Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium, also known as Ekana Cricket Stadium, in Lucknow. This will be the second match of the day, which will start at 7:30 PM. Lucknow have played 3 matches so far and won 2 of those.

Tomorrow's IPL Match: Mumbai Indians (MI) and Delhi Capitals (DC) will clash on April 7 at the Wankhede Stadium in Mumbai. This will be the first match of the day, which will start at 3:30 PM. Mumbai have played 3 matches so far and lost all of those.

Bitcoin showcased a notable increase of over 2%, hitting $67,500, stirring discussions on whether it’s the right time to buy. Concurrently, Ethena Labs has strategically reinforced USDe’s foundation by integrating Bitcoin into its collateral pool, aiming to boost the synthetic dollar’s liquidity and market stability.

Evan Buckely’s character who is better known as Buck within the 118. While in the previous seasons, Buck has witnessed a lot of life-altering events, this one is expected to bring the most depth to the character of this courageous firefighter.