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European Central Bank to follow suit with its 9th consecutive rate hike, reaching levels not seen since 2001. While these actions were somewhat anticipated, they have inadvertently created a challenging situation for India's central bank. India finds itself at a critical point as its interest rate differential with the US has notably narrowed (see Figures 1 & 2 wherein government bond yields have been used as proxies for interest rates).

«The court has interpreted the true legislative intent behind the purpose of using the word 'person' in Section 125, Senior advocate Kartikey Hari Gupta said.» He further added, «In my opinion, this is a first-of-its-kind judgment in the country.» The case revolves around a petition brought forth by Anshu Gupta, challenging a 2013 family court directive that mandated her to provide Rs 2,000 per month as maintenance for her son. Gupta, employed as a government teacher, had entered into matrimony with Nathu Lal in 1999.

Upbit, a globally recognized digital asset exchange, has announced the addition of a new digital asset, SEI, to its KRW and BTC markets. The announcement was made on August 14, 2023, and provides detailed information about the listing and associated guidelines.

Josh Jacobs has officially marked his return, according to his tweet. The National Football League's (NFL) leading rusher has successfully reached an agreement on a contract with the Las Vegas Raiders, effectively putting an end to his holdout. Reports from NFL Network Insiders revealed that the Las Vegas Raiders and running back Josh Jacobs have reached a consensus on a fresh one-year contract, carrying a potential value of up to $12 million.

Roshni Nadar Malhotra, chairperson of HCL technologies, said in the national capital on Saturday. Speaking at a B20 panel on technology, innovation and R&D, she said, “One of the issues with global technology and skilling is that innovation is very specific to countries,” adding that the challenge is taking solutions to scale. Nadar-Malhotra, who also co-chairs the B20 Taskforce on Digital Transformation, said the B20 Task Force on Technology, Innovation and R&D’s recommendation for such a digital platform aligns with that of her own task force’s focus on bridging the digital divide, addressing digital literacy and the skills gap, enterprise transformation of MSMEs with a digital toolkit, and fostering digital trust. Developing future skills will be key and has boded India well since it invested in R&D in information technology since the 1970s, she said. This attracted international companies to come and leverage its capabilities.

Sharad Pawar is using guerilla warfare tactics to fight those who left his party, Shiv Sena (UBT) leader Sanjay Raut said on Saturday. Talking to reporters, Raut also said his party is fighting a war on the battlefield with the Bharatiya Janta Party. «Sharad Pawar and his associates have chosen guerilla warfare tactics to fight those who have left the party,» he said. Ajit Pawar and eight NCP MLAs had joined the Eknath Shinde-led government on July 2, leading to a split in the Sharad Pawar-founded party. Hours after asserting there was no split in the NCP and Maharashtra Deputy Chief Minister Ajit Pawar is its leader, Sharad Pawar had on Friday claimed he did not make any such statement. The remarks had resulted in a buzz in political circles. «Sharad Pawar will never align with the BJP.

OpenAI's AI chatbot ChatGPT 3.5 provided inappropriate («non-concordant») recommendations for cancer treatment, highlighting the need for awareness of the technology's limitations, a new study has shown. The researchers prompted the AI chatbot to provide treatment advice that aligned with guidelines established by the National Comprehensive Cancer Network (NCCN), according to the study published in the journal JAMA Oncology. «ChatGPT responses can sound a lot like a human and can be quite convincing. But, when it comes to clinical decision-making, there are so many subtleties for every patient's unique situation.

Remember, successful investing requires patience, discipline, and a well-thought-out strategy that aligns with your financial goals and risk tolerance. Yet, several investors end up making mistakes that can easily be avoided. Such mistakes can cost dearly and disrupt one’s financial plan. Here are some of the common mistakes that investors end up making.

Whether you're an aspiring chef or a homemaker with a passion for culinary finesse, Panasonic mixer grinders empower you to create with confidence. Elevate your cooking experience, revolutionize your recipes, and bring home a kitchen essential that embodies precision, power, and perfection – bring home Panasonic.

YouTube Music has reportedly introduced real-time lyrics on Android and iOS, enhancing the user experience. This feature offers interactive, dynamically updating lyrics with improved design and alignment with the music. However, it is not yet available for all songs, but updates promise wider coverage in the future.

Korean Air has announced its compliance with aviation regulations by introducing passenger and carry-on luggage weight checks during the boarding process for both domestic and international flights. The airline's plan involves applying a standardized weight measurement to passengers, inclusive of their carry-on bags. According to a Korea Times report, this initiative will first be rolled out for domestic passengers at Gimpo International Airport from August 28 to September 6, followed by international passengers at Incheon International Airport from September 8 to September 19. The data collected from these checks will remain anonymous and will primarily serve safety operations purposes, ensuring adherence to proper weight distribution within the aircraft. Passengers who choose not to participate in these weight measurements can easily communicate their decision to the airline staff during the boarding process. This move aligns with the guidelines set out in the Ministry of Land, Infrastructure and Transport's «Aircraft Weight and Balance Management Standards,» which necessitate airlines to periodically measure passenger standard weights to establish accurate weight and balance calculations for aircraft. While the weight standards were determined at 81 kg for adult males and 69 kg for adult females in a local 2017 survey, the US Federal Aviation Administration (FAA) prescribes slightly higher figures of 88.4 kg for adult males and 70.3 kg for adult females.

Coinbase Ventures, the investment arm of the prominent cryptocurrency exchange Coinbase, has made a strategic investment in Rocket Pool, a decentralized Ethereum staking pool. The announcement was made on August 10, 2023, through a series of tweets by Coinbase Ventures.

Air India Express and AIX Connect on Friday announced new harmonised grades, compensation and benefits for the two companies ahead of their merger.

₹1,979 crore in the paint business in fiscal year 2023, Kumar Mangalam Birla, chairman Grasim Industries Ltd, told the 76th annual general meeting. “Your company has embarked on a transformational growth phase with the incubation of two new high-potential growth engines—paints and B2B e-commerce for building materials. In FY23, your company executed its largest ever capital expenditure investing ₹4,307 crore including ₹1,979 crore toward the paints business," he added.

IDFC FIRST Bank has bagged the title rights for home international series of the Board of Control for Cricket in India (BCCI), announced the Indian cricket board on 25 August, adding the private lender would pay a sum of ₹4.2 crore per international game. The BCCI said that the contract will commence for a three-year-long period starting from the three-match ODI series that India will host against Australia.

Recent research from the Bank of Canada suggests that corporations did not take advantage of inflation to raise prices more than necessary. The public at large, however, isn’t so sure.

Grasim Industries Limited announced that the company will be shifting focus towards growing two new businesses of paint and building materials going forward, while already investing ₹1,979 crore as capital expenditure (capex) in the paint business in fiscal year 2023, said Kumar Mangalam Birla, Chairman Grasim Industries Limited at its 76th Annual General Meeting (AGM). “Your company has embarked on a transformational growth phase with the incubation of two new high-potential growth engines—paints and B2B e-commerce for building materials. In FY23, your company executed its largest ever capital expenditure investing ₹4,307 crore including ₹1,979 crore toward the paints business," he added.

Throughout the first half of the week, the US Dollar index maintained relative stability. However, as US economic data began to exhibit signs of decline, the greenback shifted lower.

iPhone 15 standard models may be impacted by this issue, whereas the Pro models could potentially feature the fastest charging speed ever witnessed on an iPhone. Quoting a post from user Majin Bu on August 24, various media outlets have indicated that Apple's USB Type-C cables for the standard iPhone 15 may carry only a 2.0 certification, potentially leading to reduced charging speeds and data transfer rates.

RBI) released the minutes of its latest Monetary Policy Committee (MPC) meeting, in which the central bank's Deputy Governor Dr Michael Debabrata Patra highlighted that India faces the onslaught of overlapping localised supply shocks, which are causing price-sensitive food items in the consumer price index (CPI) to spike and push up headline inflation. ‘’The elephant in India is the monsoon, with August shortfalls rendering the outlook uncertain in the shadow of El Niño effects even as Indian Ocean dipole conditions are turning positive,'' said the MPC member in the latest MPC minutes released on Thursday.

Reliance Industries Ltd (RIL), led by Mukesh Amban... moreReliance Industries Ltd (RIL), led by Mukesh Ambani, is doubling its green energy investment target to ₹1.5 trillion, showing its commitment to sustainability.