Electronic Financial News

By Max Hunder

NEW DELHI : The government is likely to seek robust technology and AI-based solutions from social media platforms and significant intermediaries to proactively scan for, and flag, deepfake content on their platforms, two senior officials said seeking anonymity. Platforms will be discussing voluntary mechanisms to identify and block deepfake content that may be potentially harmful during high-level meetings with officials from the ministry of electronics and information technology on Thursday and Friday.

brandy category, industry executives said citing latest excise department data. «In general, the regular category or the popular category is having muted growth as far as the industry is concerned. Certain states, which are big states like Karnataka, increased the duty by 20%.

Bharat Electronics Ltd. traded 1.05 per cent lower in Wednesday's session at 01:39PM (IST). The stock opened at Rs 142.9 and has touched an intraday high and low of Rs 143.6 and Rs 140.2, respectively, during the session so far.

The corporate regulator stands ready to wield a new rule-making power over the ASX, to ensure its second attempt to rebuild CHESS is pro-competition by allowing new entrants seeking to offer similar post-trading services to directly plug into the new clearing and settlement system.

Best Buy Co. posted stronger-than-expected profits, but reported a deeper-than-expected drop in revenue for the fiscal third quarter as shoppers continue to pull back on buying gadgets in an uncertain economy

BSE Midcap index rising 38.8% and S&P BSE Smallcap Index rising 47.5% during the fiscal year 2024. The same is being supported by the earnings growth being clocked by these companies. The declining commodity prices have benefitted small and mid-cap stocks that saw strong margin expansion drive earnings growth.

While making such a payment is normally unavoidable, it is important to ensure that the payment is acknowledged. There should also be proof of token money being paid. This ensures the safety of the money if the house owner later refuses to sell the property. Here are some things you should keep in mind while paying token money to a seller.

bank accounts and wallets, making money a commonly chosen topic for New Year resolutions. Many personal financial experts share how planning money mantras and adhering to them can help you develop a better relationship with money. Prioritize cultivating a positive mindset about money before charting out your financial goals and formulating corresponding money mantras.

The European Banking Authority (EBA) released a consultation paper dated 08 November 2023, outlining proposed guidelines for liquidity stress testing of asset reference tokens as mandated by the newly instituted Regulation (EU) 2023/1114. This document, identified as EBA/CP/2023/27, sets forth the framework for common reference parameters for these stress tests, reflecting the regulatory focus on the stability and resilience of the crypto market.

MUMBAI : The government wants to replace the ‘use-and-throw’ design philosophy of products with a ‘right to repair’ framework. Benefits are many. Mint explains the concept, its need and how this move may disrupt the way businesses operate.

social media and other internet companies on Thursday to discuss the issue of the growing prevalence of deepfakes on the internet and ways to prevent such content, senior government officials said. The meeting between senior officials from the Ministry of Electronics and Information Technology and senior executives from social media and internet firms is likely to discuss a standard operating procedure with dos and don’ts for companies on deepfake content, said one of the officials cited above.

Investing.com — Nvidia (NASDAQ:NVDA) shares were slightly lower in early U.S. trading on Tuesday, as investors awaited quarterly earnings from the world’s most valuable chipmaker and its updated outlook for demand in China. 

By Juveria Tabassum and Juby Babu

Indian Railway Finance Corporation (IRFC) is planning to raise ₹3,000 crore, including ₹2,500 crore greenshoe, according to media reports. The bonds will mature in three years or on November 11, 2026. The bidding of the bond is scheduled for November 22, occurring from 10 am to 11 am on the electronic bidding platform of the National Stock Exchange of India.

(Reuters) — Best Buy (NYSE:BBY) said on Tuesday it expects a steeper drop in full-year comparable sales, anticipating shoppers to remain selective in purchases of big-ticket items like electronics and home appliances despite elevated holiday season promotions.

Investing.com — Best Buy (NYSE:BBY) has slashed its full-year revenue outlook, as the big-box electronics retailer projected a decline in comparable sales in the key holiday quarter.

Investing.com -- U.S. futures inch down slightly, but stick relatively close to the flatline, as traders look ahead to the release of minutes from the Federal Reserve's November policy meeting and earnings from AI chipmaker Nvidia. The dramatic boardroom battle at OpenAI over the ouster of former boss Sam Altman rumbles on, with the majority of employees now threatening to take their talents elsewhere if he is not reinstated.

Bharat Electronics Ltd. traded 0.69 per cent lower in Tuesday's session at 01:03PM (IST). The stock opened at Rs 144.85 and has touched an intraday high and low of Rs 144.85 and Rs 142.75, respectively, during the session so far.

Boult expects dependence on the Chinese supply chain is set to decline sharply as component manufacturing picks up pace in India, with local value addition around 15% compared with zero in early 2022. Boult cofounder Tarun Gupta told ET that this has been the trend since the Make-in-India initiative kicked off. To be sure, while some components such as batteries are sourced locally, most of the component supply chain is still in China. “Before early 2022, virtually everything was coming from China,” Gupta said.

Wipro is selling two office assets in Bengaluru and Hyderabad to monetise non-core real estate holdings and streamline operations. The properties include parts of its campuses in Gachibowli, Hyderabad and Electronic City, Bengaluru, said multiple people aware of the company’s property divestment plans. “Wipro has identified the assets as non-core for them and is willing to divest both Bangalore and Hyderabad properties. With a hybrid work model, the move is to consolidate operation across different cities,” said one of the persons quoted above. The technology firm wants to divest 14 acres of land in Gachibowli, while it is assessing if it wants to divest the entire campus in the Electronic City, Bengaluru. “Wipro will consolidate its operation in Bangalore and is still deliberating if the entire 25 acres should be monetised in one go.