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Ethereum (ETH) co-founder Vitalik Buterin has once again voiced his concerns regarding overly complicated Layer 2 scaling solutions. 

The resurgence of Global Capability Centers (GCCs) has helped demand for Grade A office spaces make a comeback. This has meant an improved leasing trajectory for office asset owners, who have been grappling with muted demand lately. In a spillover effect of challenges facing the Indian IT sector, leasing took a beating given that technology companies have been top contributing tenants for Grade A offices until recently.

warned Wednesday. The caution applies to any watch or ring, regardless of brand, that claims to measure blood glucose levels in a noninvasive way, the agency said. The FDA said it has not authorized any such device.

Smartwatches and smart rings that claim to measure blood sugar levels without piercing the skin could be dangerous and should be avoided

The recent bullish crypto market performance has transformed investor outlooks and activity. Impressive price rises by Polygon (MATIC) and Uniswap (UNI) have encouraged investors to purchase the tokens.

₹1,332 crore ($160 million). The Murthy couple's initial investment in Cloudtail amounted to ₹417 crore ($50 million), rendering this transaction immensely profitable for them. Also read: Byju's $200 million rights issue fully subscribed; third party agency to check usage of funds: CEO Raveendran The sale of Cloudtail shares has resulted in a substantial profit of around ₹915 crore ($110 million) for Narayana Murthy and Sudha Murty, signifying an impressive threefold return on their investment made over eight years ago.

Suvendu Adhikari dares ADG (South Bengal) to prove his charge that a slur was hurled at a Sikh police officer, within 24 hours or face consequences. @WBPolice, Mamata Banerjee's only line of defence, is crumbling. They should now retreat to their barracks." The West Bengal Police also took to the microblogging website X, and said, "We, the West Bengal Police fraternity, are outraged to share this video, where one of our own officers was called ‘Khalistani’ by the state's Leader of the Opposition.

UBS has updated its predictions for when the Federal Reserve will start cutting interest rates, moving the expected timing from May to June. Consequently, the broker now projects a total reduction of 75 basis points (bps) in interest rates for 2024, a decrease from its earlier estimate of 100 bps.

West Bengal and Uttar Pradesh said Nationalist Congress Party leader Sharad Pawar. Pawar who heads his own faction of the Nationalist Congress Party- Sharad Pawar on Wednesday acknowledged that there were differences within the opposition alliance but said that it could be resolved with the intervention of leaders from leaders of other Opposition parties in other states. “In some cases, we have disputes in Uttar Pradesh (between Congress and Samajwadi Party) on seat sharing and there is no agreement on it. In West Bengal there are more problems, there the parties (in the India alliance) are not even ready to go into an alliance with each other,” said Pawar while speaking to the reporters in Kolhapur. He added, “TMC does not want to go with an alliance with the CPI (m), similarly there are issues with the TMC and the Congress. We have not resolved these issues; in these situations, the seniors (senior India bloc leadership) possibly from outside the state would sit soon (to resolve the issues).”

artificial intelligence tools must erect guardrails to support ethical development of the technology over the next decade, said the speakers at a Nasscom event on Tuesday. “Even though AI possesses immense transformative potential, it is our responsibility to ensure its increasing transparency. The fusion of human ideals with AI is important. The trajectory of AI in the future will be intricately tied to both human and democratic values,” Prime Minister Narendra Modi said in a written message which was read out at the Nasscom Technology and Leadership Forum 2024. “We remain firmly committed to the responsible and ethical application of AI across diverse fields,” Modi said.

Walmart reported another quarter of stellar results, ending the year on a high note as its low prices attract shoppers looking for deals in an economically challenging environment beset by a recent bout of inflation

artificial intelligence (AI) in the next 5-10 years to prevent misuse of such tools in affecting nation states by politicizing the spread of information, said Mustafa Suleyman, cofounder, Inflection AI and DeepMind. “I think the negative consequences here are likely to arise simply because so many people with different organisational interests, different religious and political values will not only affect information but also the real world in practice. I think that is the challenge for nation states,” Suleyman said.

rupee was the most stable emerging market currency in the past year amid global economic uncertainty. What are the factors that contributed to its relative stability? It is largely the narrowing current account deficit (CAD), besides robust economic fundamentals. Atmadip Ray explains how CAD influences the rupee movement and what are the consequences of a high deficit ratio. What is CAD? A country's current account is a calculation of the total value of goods and services imported and exported. If the value of goods and services imported exceeds the value of goods and services exported, then the current account turns into deficit mode. It considers the sum of trade balance and net income of companies from abroad. The current account deficit or surplus is expressed as a percentage of gross domestic product.

Last week started with breakdown gaps for the Nasdaq and S&P and continued with moves to close more gaps, before peaking on Friday and reversing. Consequently, the likelihood of further losses heading into this week is quite high.

Indian rupee was the most stable of the emerging market currencies in the last year? It's largely the narrowing current account deficit (CAD), besides other strong economic fundamentals. Here's an ET Explainer on how the CAD influences the rupee movement and what are the consequences of a high deficit ratio. What is the current account deficit? A country's current account is a calculation of the total value of goods and services imported and exported. If the value of goods and services imported exceeds the value of goods and services exported then the current account turns into deficit mode. It takes into account the sum of trade balance and net income of companies from abroad. Current account deficit or surplus is expressed as a percentage of a country's gross domestic product.

A former truck driver responsible for a fiery crash that killed four people on Highway 440 in Laval back in 2019 has been found guilty of criminal negligence causing death.A Quebec Superior Court judge said that 57-year-old Jagmeet Grewal demonstrated a clear pattern of disregard for the life and safety of others, and that he should have never even been at the wheel of a 53-foot-truck in the first place.Reading out her decision in front of Grewal, victims and their families, Judge Yanick Laramée said the driver was not paying attention at the wheel of his tractor trailer on the afternoon of Aug. 5, 2019.

Mint delves into the nuances of the Supreme Court's ruling, its impact on the political contributions of loss-making companies, and the broader ramifications on corporate-political party dynamics. While there is no clear legal definition, the determination of a loss-making company can be inferred from Schedule III of the Companies Act, 2013.

The revival hopes for the information technology (IT) sector hinge significantly on the rate of deal acquisitions, yet the December quarter (Q3FY24) witnessed a lukewarm performance in this arena. Following an exceptional second quarter, top-tier IT firms experienced a slowdown in deal wins during Q3. While moderation was expected due to the quarter's typical seasonal downturn, the absence of mega deal announcements and the trend of lengthier deal durations have raised concerns.

Paytm Payments Bank has drawn the attention of fintech firms to the importance of complying with laws, Union Minister Rajeev Chandrasekhar has said. The minister stressed that regulatory compliance cannot be «optional» for companies, rather it is an aspect every entrepreneur must pay full attention to. In an interview to PTI, Chandrasekhar — the minister of state for electronics and IT — said the issue of Paytm Payments Bank is a case where a hard-charging and aggressive entrepreneur has failed to realise the need for regulatory compliance, and that no company can get away if it is non-compliant with law. Any company, be it from India or abroad, big or small, has to abide by the law of the land, the Minister asserted amid the unfolding Paytm Payments Bank Ltd (PPBL) crisis.

Alexei Navalny's mother was told on Saturday that Russia's most prominent opposition leader had been struck down by «sudden death syndrome» and that his body would not be handed over to the family until an investigation was completed, his team said. Navalny, a 47-year-old former lawyer, fell unconscious and died on Friday after a walk at the «Polar Wolf» penal colony in Kharp, about 1,900 km (1,200 miles) northeast of Moscow, where he was serving a three-decade sentence, the prison service said.

Reuters reported quoting Navalny's team. The 47-year-old former lawyer's team even said that his body would not be handed over to the family until an investigation was completed. On Friday, the prison service had said that prison service was unconscious and died after a walk at the ‘Polar Wolf’ penal colony in Kharp – about 1,900 km (1,200 miles) northeast of Moscow – where he was serving a three-decade sentence.