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In 2023, gold demonstrated remarkable returns, outperforming expectations and serving as a strong asset for investors amid economic uncertainties and market fluctuations, says Narinder Wadhwa, National President at Commodity Participants Association of India (CPAI). A notable 13% return in gold during 2023 underscores its resilience as an investment, attracting investors seeking stability and a hedge against economic uncertainties, he adds. Edited excerpts:

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Apple has opened negotiations in recent weeks with major news and publishing organisations, seeking permission to use their material in the company's development of generative artificial intelligence (AI) systems, according to four people familiar with the discussions. The technology giant has floated multiyear deals worth at least $50 million to license the archives of news articles, said the people with knowledge of talks, who spoke on the condition of anonymity to discuss sensitive negotiations. The news organizations contacted by Apple include Condé Nast, publisher of Vogue and The New Yorker; NBC News; and IAC, which owns People, The Daily Beast and Better Homes and Gardens.

The United States Securities and Exchange Commision (SEC) has apologized for its handling of a lawsuit against decentralized blockchain project, Debt Box, according to new court documents.

international standards. While Microsoft, IBM, HCL Tech and the Confederation of Indian Industry (CII) have come on board, talks are on with Google, Meta, Cisco and various sector leaders, a senior government official told ET. «The plan is to have at least 10 international awarding bodies in the next two months and double this to 20 by July 2024,» the official said. The National Council for Vocational Education and Training (NCVET), under the government's Skill India Mission driven by the Ministry of Skills Development and Entrepreneurship, would provide the recognition to these entities. Officials said government recognition would lend credibility to the certification given by private entities and enable greater mobility for employees.

Top news stories of 2023

In 2023, technology executives racing to keep ahead of the almost-daily advances surrounding generative AI continued to seek answers and inspiration in a centuries-old format: books. We asked some to share their favorites, included here along with a handful of notable reads from CIO Journal’s library. Books on AI were top of the list for many—no surprise—along with guides on winning in the new, AI-enabled competitive landscape.

In the dynamic cryptocurrency landscape, seasoned traders are turning their attention to Launchpad XYZ, an all-in-one Web3 trading platform that stands out with its cutting-edge features.

Investing.com — Nike (NYSE:NKE) reported second-quarter results that beat analysts' expectations, but the sportswear giant tempered expectations, warning of a softer second-half outlook for revenue as it looks to streamline operations to cut costs.

Click Here To Visit Retik Finance’s Website When it comes to choosing the ultimate crypto gem for your portfolio, the choice is clear. Solana's technical prowess is impressive, but it remains confined to the digital realm. Bonk's charm is undeniable, but its long-term sustainability remains uncertain.

statement issued soon after the Bill was introduced in Lok Sabha, it said: “IAMAI hails the Bill as progressive especially since internet companies have been decisively kept out of the ambit of the final version of the Bill… The Bill introduced in the Lok Sabha now excludes email, internet-based communication services, broadcasting services, machine to machine communication services and over-the-top communication services, as suggested by IAMAI." However, Meta’s head of India public policy, Shivnath Thukral, cautioned that the government could choose to apply the proposed legislation to OTT services at a future date. In an internal note as well as a letter to the communications minister, he wrote that the definitions of ‘telecommunications services’, ‘telecommunications identifier’ and ‘messages’ could be interpreted to implicitly include OTT services, and that the government could use delegation powers to do so.

Rario, a cricket-focused non-fungible tokens (NFTs) platform, reported an over ten-fold increase in losses to Rs 560 crore in the fiscal year ending March 2023, partly due to a write-off of intangible assets amounting to Rs 458 crore related to its NFTs. In FY22, the firm had incurred a loss of Rs 47 crore. Backed by real money gaming firm Dream Sports, Rario’s operating revenue grew to Rs 39 crore in FY23, compared to Rs 1 crore a year earlier, according to filings made by the firm’s holding entity Digital Collectibles based in Singapore.

₹3,400 crores in the Axis India Manufacturing Fund. This thematic fund was introduced to deliver long-term capital appreciation through investments in equity and equity-related securities of companies aligned with the manufacturing theme. From December 01 to December 15, 2023, this new fund offer (NFO) witnessed strong engagement from various investor segments across more than 500 locations in India, accumulating nearly 1,50,000 applications.

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Indian Hotels Company , EIH , Lemon Tree Hotels while have risen to 40.5% during 2023 till date while Chalet Hotels has seen its stocks price almost grow two times. Indian Hotels and Chalets Hotels are trading near 52 week highs scaled during December.

Hong Kong WinterFest: From the 20-meter-tall Christmas tree, standing at the centre of Christmas Town to the exciting new 10-minute “Winter Harbourfront Pyrotechnics" displays on the Victoria Harbour seaside, visitors from around the world will be delighted by these seasonal displays. Tsim Sha Tsui Christmas lights: Kowloon’s bustling shopping and nightlife districts Tsim Sha Tsui and East Tsim Sha Tsui are well-known for their dazzling Christmas light displays.

online gaming industry, sending shares in tech giants including Tencent tumbling. New draft restrictions published online by the regulator are aimed at limiting in-game purchases and compulsive playing behaviour.

Sandip Sabharwal, asksandipsabharwal.com, says “the overall small and midcap universe is richly valued. On top of that, there is risk in the markets and globally also we have seen significant run-ups in markets, huge amounts of record inflows into funds in recent weeks. This typically indicates that some short-term top will be formed, which should give up in my view 5% to 7% from the top.” What have you made of this temporary blip that we saw yesterday and now the recovery thereof or was it really a temporary blip or do you think we have seen the peak in yesterday's high for this year? Sandip Sabharwal: This year it is very unlikely because it is just seven-eight days to go.

Russia’s digital ruble will affect the commercial banking sector’s liquidity, experts have claimed as the nation prepares for a CBDC rollout.

At a time when major economies globally are facing growth headwinds, India is in a sweet spot, and foreign investors are looking to India for their growth portfolios, says Rajesh Bhatia, chief investment officer at ITI Mutual Fund. The key industries beckoning foreign investors in India in 2024 include healthcare and insurance, fintech, renewable energy, automobiles, real estate and infrastructure, among many others, Bhatia said in an interview with ETMarkets. “These have all been on a hot streak in 2023, as foreign direct investment (FDI) policies have relaxed in recent years, and production-linked incentive (PLI) schemes have promoted industry-wise capacity building,” he said. Edited excerpts: How has the year 2023 largely been for the funds managed by you? If we look at the financial year, then FY23 was a flat year for the indices. However, it was also a “stock-pickers” market, meaning analysts who could diligently assess the prospects of individual companies and businesses, did better.

OnePlus Ace 3 smartphone, which will be sold under the name OnePlus 12R in India and other global markets, in the first week of January 2024. OnePlus has already confirmed that the OnePlus 12 series will make its debut in India along with other global markets on 23 January, marking the first time the 'R' series will be seen outside of India. According to a post by a tipster on Digital Chat Station, the OnePlus Ace 3 will make its debut in China on January 4, 2023.