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When ChatGPT was first made publicly available, I remember marvelling at the quality of its output and thinking that AI had finally improved to the point where it might be good enough to stand-in for me. Wouldn’t it be wonderful, I thought, if I could describe what I’d like my article to cover and have AI write it for me. So I set about doing just that.

₹1 lakh every year to a woman member of every poor household. Even if just half the free-food beneficiaries are found to qualify for being under the poverty line, this basic income scheme would cost the exchequer over ₹8 trillion, 16.8% of the interim budget’s entire outlay of ₹47.7 trillion for 2024-25. Yet, how it will be funded finds no mention in its manifesto.

A new national survey paints a fresh picture of economic stress among American women over the age of 25, with growing concerns about affording health care and retirement expenses.

Goldman Sachs CEODavid Solomon has always been optimistic that investment banking revenues would come back again. Solomon's past optimism was, however, based upon the premise that the energy transition and pent-up dealmaking and capital raising would lead the revival. Speaking yesterday, he added a new factor to the mix.

Insurance companies are working to provide customers with greater choice and flexibility to tailor coverage, particularly benefiting mega-risk policies initially and later extending to retail products like motor own damage cover, following a recent notification from the regulator that allows them to change policy terms, conditions, clauses and wordings. The changes could be evident from July or October renewals, as it will take some time for insurance companies to implement these and come up with new and innovative policies, said industry experts. Insurance companies were previously not equipped to free up the policy wordings. By the second fiscal quarter, they will see curated policies coming into the marketplace. So far, insurers have followed a fixed format for their policies and couldn't make many changes, even though pricing had been freed up in 2006.

When it comes to dating etiquette, one question seems to inspire more anxiety than most: Who pays for the first date?

Bank of America said its first-quarter profits fell 18%, as the bank dealt with higher expenses due to the impact of higher interest rates

Naxalites in Chhattisgarh's Kabirdham district, a senior official said on Tuesday. Pamphlets with the announcement «suchna do inaam pao» (give information, receive a reward) were distributed in the Naxalite-affected villages of the district, which shares a border with Madhya Pradesh. «Anyone who helps in the arrest of Naxalites or provides inputs leading to their killing in encounters will be given a cash reward of Rs 5 lakh and a job in the police force. Cash rewards will also be given to persons who help in the surrender of Maoists,» the pamphlets stated. Talking to PTI, Kabirdham Superintendent of Police (SP) Abhishekh Pallava said, «We have distributed pamphlets and stuck posters of our new offer in Maoist-hit villages in the last two days. We have also sent messages on WhatsApp to mobile phone users in these villages.»

I am 29 and earn a monthly salary of Rs 75,000. I don’t have any investments. I aspire to retire within 20 years. How can I retire with a corpus of Rs 6 crore? Naveen Kukreja, CO-FOUNDER AND CEO, PAISABAZAAR.COM: Consider allocating 50% of your current salary towards retirement savings and increase it 10% annually.

Also Read: From premiums to claims process: Decoding key terms in insurance policies | 8 points Now, let's delve into the types of Rupay cards available in the market and the corresponding insurance coverage they offer: 1. Classic Card: This card doesn't provide any insurance coverage. Although it used to offer coverage previously, this feature has been discontinued since the financial year 2020.

health insurance companies to reduce the maximum waiting period to get complete health insurance coverage in case of pre-existing diseases (PED) from 4 years to 3 years. The regulator modified the definition of pre-existing disease in its IRDAI (Insurance Products) Regulations, 2024, notified on April 1, 2024. According to the notification, pre-existing disease (PED) means any condition, ailment, injury or disease: a) that is/are diagnosed by a physician not more than 36 months prior to the date of commencement of the policy issued by the insurer; or b) for which medical advice or treatment was recommended by, or received from, a physician, not more than 36 months prior to the date of commencement of the policy.

India Meteorological Department (IMD) forecast “above normal” rain for the June-September monsoon, boosting prospects of a bountiful agricultural harvest that will likely ease inflationary pressure and bolster growth. This follows uneven rain in 2023, mainly due to the El Niño effect, leading to patchy farm output that pushed up food prices and kept the central bank from cutting interest rates. Rain in the country’s southwest is expected to be 106% of the long period average (LPA), with a 5% margin of error. IMD defines average or normal rainfall as ranging between 96% and 104% of a 50- year average of 87 cm for the season. The department announced the monsoon forecast on Monday.

₹6,800 to ₹9,600 per metric ton, effective April 16. This tax adjustment, which occurs every two weeks, will remain at zero for diesel and aviation turbine fuel. Earlier, on April 4, the government had raised the windfall tax on petroleum crude from ₹4,900 to ₹6,800 per metric ton.

New York state prosecutors accuse him of falsifying records to cover up a $130,000 payment in the waning days of the 2016 presidential campaign to buy the silence of porn star Stormy Daniels about a 2006 sexual encounter she has said they had. Trump has denied any such relationship.

By Sudhir Kaushik

The Federation of Automobile Dealers Associations (FADA), the apex national body of automobile retail in India has announced the start of Dealer Satisfaction Study for Finance and Insurance to be undertaken in association with PremonAsia, a consumer-insight-led consulting and advisory firm based out of Singapore.

—Name withheld on request Assuming that you were a non-resident Indian (NRI) under the Indian Income Tax Act for at least nine out of 10 financial years preceding FY24-25, you would become a resident but not ordinarily resident (RNOR) for FY 2024-25. Usually, foreign income is not taxable under IT Act for a RNOR individual. However, since you would be providing consultancy services from India, such income would become taxable in India at the normal slab rates.

Kakani took to the platform X to share a breakdown of expenses for a family of four, emphasizing that the figure of Rs 20 lakh annually was devoid of any luxury expenses. His post, accompanied by a screenshot of an Excel sheet detailing monthly and yearly expenditures, quickly gained traction, garnering over 8.3 lakh views since its posting on April 14.

Blackstone, an investment firm, bought for $605m in 2014—only to default on its mortgage in 2022. Soaring above Grand Central station is the iconic Helmsley building. Its mortgage was recently sent to “special servicing" (it may be restructured or its owner may simply default).