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NEW DELHI : Bhavish Aggarwal, cofounder of Ola Cabs, has announced a startup that he said is building “India’s own" foundational artificial intelligence (AI) model. The government, too, has been speaking about an India AI Programme. What exactly is ‘Indian’ AI? Mint decodes: What is colloquially referred to as ‘Indian’ AI is currently aspirational, referring to datasets that foundational AI models are trained on.

A veteran Philadelphia-area broker, Austin Dutton, who for years has been under the scrutiny of securities regulators, is now facing one of the most dire developments in the career of a financial advisor: a Wells Notice.

By Jonathan Saul

Arweave founder Sam Williams has taken to X to allege storage solution company Irys has plans to fork his decentralized information storage firm.

Since 8 October 2023, firms wishing to promote cryptoassets in the UK must, by law, be authorised or registered by the FCA, or have their marketing approved by an authorised firm. Under FCA rules, promotions must also be clear, fair and not misleading, labelled with prominent risk warnings and must not inappropriately incentivise people to invest.

₹21 crore from anchor investors ahead of its initial public offering that opens for public subscription on Tuesday, December 19, 2023. The company informed the bourses that it has allocated 21,00,000 equity shares at Rs. 100 per share on Monday, December 18, 2023, to anchor investors.

Nestle India has set January 5 as the record date for the previously announced stock split, which was approved by the company's board in October at a ratio of 1:10. A stock split involves increasing the number of issued and outstanding shares, thereby enhancing the liquidity of the stock. Importantly, this does not impact the overall value of all shares issued.

By Ahmad Ghaddar

On December 13, the Dow Jones Industrial Average accomplished a remarkable feat by reaching a new all-time high, marking the first time since early January 2022.

Allahabad High Court on Monday. The hearing was put off at the request of the Shahi Masjid Idgah Committee who informed the Court that they had filed a Special Leave petition (SLP) against the order in the Supreme Court the apex court has fixed January 9 as the date of hearing. Therefore, the hearing has been postponed till then. A total of 18 civil suits are pending.

per capita income of Indian states ranging from Rs 54,111 to Rs 5,19,964 in 2022-23 compared with Rs 42,083 to Rs 4,31,351 in 2020-21, showed government data. Sikkim had the highest per capita income at current prices of Rs 5,19,964, whereas Bihar had the lowest per capita income in 2022-23, according to data shared by Rao Inderjeet Singh, Minister of State (independent charge) of the Ministry of Statistics Planning and Programme Implementation, informed Rajya Sabha, Monday. “The differences in per capita income of States is due to different levels of economic development in each state,” Rao stated. An ET analysis shows that Odisha witnessed in the highest gains in per capita terms over the last three years, with its income growing 45%, whereas Punjab was the worst performer with 20.6% rise since 2020-21. The average rate of increase across states was 31.8% between 2022-23 and 2020-21, with 11 of 22 states for which data was available for all three years, recording a higher growth in per capita income in current terms compared to the national average. He further pointed that the government had instituted various programmes under inclusive development programme like Pradhan Mantri Garib Kalyan Yojana, additional Emergency Working Capital Funding for farmers through NABARD, concessional credit through Kisan Credit Cards; fund transfer under PM-KISAN, PM Fasal Bima Yojana claim payments, to ensure inclusive growth, under its commitment for Sabka Sath Sabka Vikas. He further pointed to schemes like Deendayal Antyodaya Yojana, Pradhan Mantri Awaas Yojana – Gramin, which the government had instituted to improve the quality of life in rural areas “through employment generation, strengthening of livelihood opportunities,

NEW DELHI : Apart from a stable regulatory and policy regime, transparency in decision-making and information flow are key to attracting foreign investors to emerging economies such as India, said Matthew Stephenson, head of investment and services at the World Economic Forum. Foreign investors are keen on emerging markets, especially India, at a time of slowing global growth, but want the right information before making a decision, Stephenson said, speaking with Mint on the sidelines of the World Investment Conference 2023. “You can’t calculate your costs if you don’t have information.

Shokol ke Janai Shonkhalogu Odhikaar Dibosh er Shubhechcha o Obhinondon (Wishing everyone on Minority Rights Day). The poster featured 6 children and the West Bengal Chief minister herself. The children in the image have donned specific religious attire.

₹50,000. In an era where technology is advancing at an unprecedented pace, these wrist companions have evolved far beyond mere timekeepers. They've become sophisticated gadgets that not only adorn your wrist but also enhance your lifestyle.

By Supantha Mukherjee

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ATB Capital Markets received a mandate to sell the remaining assets of Canadian hedge fund Traynor Ridge Capital Inc., which collapsed after the sudden death of its founder.

The changes will be effective from December 18. The fund house informed the change to its investors through an addendum. Rs 100 SIP in Tata MF schemes

first information report (FIR) was filed against Chairman Sajjan Jindal by a Mumbai woman, accusing him of rape. However, the chairman of the steel-to-power conglomerate has denied the allegations. "Mr Sajjan Jindal denies these false and baseless allegations.

Indian Meteorological Department (IMD) has issued red alert over South Tamil Nadu today i.e. on 18 December. As per IMD, “Heavy to very heavy rainfall with extremely heavy falls (above 204.4 mm) is likely to continue over South Tamil Nadu on December 18." Chief Secretary Shiv Das Meena informed reporters on Monday that the rains and flooding were unprecedented and that the Army, Navy, and Air Force had been called upon for assistance.