Limelight Financial News

Bard, in English across 170 countries including India. However, while claiming that the new AI model “exceeds state-of-the-art" AI models, Google executives did not reveal the size of the model in terms of the number of data parameters, or how it compares with OpenAI’s Generative Pre-trained Transformer (GPT)-4 model that underpins the latest versions of ChatGPT, at a media roundtable ahead of the announcement. Eli Collins, vice-president of product at Google DeepMind, said Gemini is “more efficient" than previous AI models developed by Google.

Balrampur Chini Mills share prices that have gained more than 15% in November also scaled 52-week highs on Thursday. Stocks of sugar companies remain in limelight with rising sugar prices amidst favorable demand supply dynamics and rising ethanol production. Triveni Engineering and Industries and Bajaj Hindusthan Sugar Ltd shares are also trading close to 52-week highs seen in October and November respectively.

Tata Technologies hogged all the limelight on Thursday, the SME IPO of Rockingdeals Circular Economy, which sells refurbished and other products, also doubled on listing. The stock debuted today at a premium of 114% at Rs 300 on NSE SME as against an issue price of Rs 140. After the listing, the stock further rallied and hit an upper circuit of 5% at Rs 315 apiece. Rockingdeals Circular IPO, which was opened for public subscription between November 22 and November 24, received a whopping 312.64 times subscription.

Day trading guide for today: Indian stock market continue to trade mix as selling pressure in IT and pharma stocks dent every bulls' attempt to outperform bears during Thursday deals. Nifty 50 and BSE Sensex ended marginally lower while Nifty Bank index finished in green territory. The 50-stock index ended 9 points lower at 19,802 levels while 30-stock index ended 5 points lower at 66,017 mark.

lab-grown diamonds (LGDs). LGDs have seen price drops of around 50 percent, while the prices of natural diamonds have declined 40 percent.

Prime Minister Narendra Modi participating in a garba dance. The authenticity of the video was initially questioned, with speculation that it might be a deepfake. Prime Minister Modi himself acknowledged the video, expressing doubts about its authenticity. However, it has now been clarified that the video was not a result of deepfake technology but rather a case of mistaken identity and false reporting. The individual in the video is Vikas Mahante, a Mumbai-based businessman and the proprietor of a steel packaging business in Malad. Mahante unintentionally found himself thrust into the limelight due to his resemblance to Prime Minister Modi. His uncanny similarity led to an invitation to London to partake in pre-Diwali festivities within the admirer's family circle. It was during this event that Mahante was mistakenly identified as Modi and filmed participating in the garba dance, causing a significant stir.

global markets, easing US bond yields, and strong domestic institutional inflows suggest that the momentum in domestic equities is likely to continue this week. However, it’s the primary market that’s going to steal the limelight, as IPOs worth Rs 7,300 crore will be up for sale, led by Tata Technologies. Investors will be eagerly waiting for Tata Tech’s IPO, the first one from Tata Group in 20 years, and the fact that demand remains high, is reflected in the price as the stock is trading at a premium in the grey market. Two other major IPOs to look out for are Mini Ratna company Indian Renewable Energy Development Agency, and Fedbank Financial Services. As for the Nifty50, analysts expect the index to remain in a consolidation phase until it decisively breaches the 19,850 mark.

Mira Murati has worked behind the scenes at OpenAI, overseeing the development and delivery of revolutionary products such as ChatGPT and DALL-E. Now she is stepping into the limelight as its interim CEO. Murati, 34, was elevated to the top position at the high-profile company Friday when OpenAI's board of directors ousted Sam Altman, the company's co-founder and CEO. The company said that Murati had a «unique skill set» and would provide «a seamless transition while it conducts a formal search for a permanent CEO.»

“Festive times augur well for consumption-related stocks, while the upcoming harvest season is key in holding up discretionary spending,” says Rajesh Cheruvu – MD and CIO – LGT Wealth India. In an interview with ETMarkets, Cheruvu said: “Given India's impetus towards infrastructure courtesy of the PLIs, Gati Shakti, clean energy push, etc., the Infra and corporate capex themes continue to augur well” Edited excerpts: The festive season has begun, and we are seeing signs of stabilisation as volatility has reduced. How are you looking at markets? Short-term headwinds pose specific challenges over the next few quarters, with the impending active election period poised to generate political uncertainties until May 2024. Further, global macroeconomic conditions notably influenced by a robust commodity cycle and the strength of the USD dollar pose challenges.

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“Despite robust macro and healthy earnings trajectory India cannot stay fully immune to global factors,” says Kedar Kadam, Director — Listed Investments, Waterfield Advisors. In an interview with ETMarkets, Kadam said: “In our view, one should stay put and use the market declines to add more in a staggered manner from a 3-4 years perspective” Edited excerpts: We have seen some correction from the highs in both Sensex and Nifty. What is fueling the fall – is it the combination of rise in US Yields and geopolitical concerns? I reiterate my earlier stance, despite robust macro and healthy earnings trajectory India cannot stay fully immune to global factors.

Housing rents continue to soar across top 7 cities, led by leading IT/ITeS hubs Bengaluru, Hyderabad, and Pune. According to latest ANAROCK Research data, among top 7 cities, residential rentals in Bengaluru’s prominent areas soared by over 30% in the first nine months of 2023 (9M 2023).

And, it's all possible because prices are dropping for both natural gems as well as lab-grown diamonds (LGDs) as more manufacturers enter this segment of the jewellery market. LGDs have seen price drops in the range of 45-50%, while the natural diamond category has seen a price drop of 35-40%, as the economic slowdown in developed markets of the US and China has hurt demand for the gemstone. Six months ago, a 1-carat LGD ring at the retail level was priced at ₹2 lakh. But now it costs ₹80,000-₹1 lakh.

Mizoram witnessed a voting percentage of over 75 percent. It was incident-free polling.

BJP national general secretary and former Madhya Pradesh minister Kailash Vijayvargiya was a surprise choice for the Indore-1 seat as he has been more involved in national politics for the past few years. Expressing confidence in his party getting another term despite being in power for 18 years, he told ET in an interview that welfare schemes of the Centre and the state government will swing votes in BJP’s favour. Q: You had moved out of Madhya Pradesh politics and your son was an MLA here. Now the party has brought you back in a surprise move. How have you taken this? A: What we have learnt in BJP is that when the party takes a decision or gives you an order you accept it.

Amit Shah on Tuesday said law and order, electricity in villages and welfare schemes started by the previous government «vanished» after Ashok Gehlot came to power in Rajasthan and added «only a magician can do this», alluding to the chief minister's past. Addressing a campaign rally in Rajasthan's Kuchaman ahead of the November 25 assembly polls, the senior BJP leader said the Congress government in the state is the «most corrupt» and has crossed «all limits of appeasement», and appealed to people to uproot it.

deepfake video of herself that had gone viral on social media platforms. She also encouraged others to speak against such situations. “Shame on people who resort to such things, it shows that there's no conscience left at all in such people.

₹23 crore. In its most recent sale, the British auction house saw similar, promising results as buyers lined up for Indian artworks. The auction, which concluded last week, had a 99% sell-through rate, with a Manjit Bawa painting selling for about ₹20 crore, creating a world record for the artist.

West Indies all-rounder Sunil Narine announced his retirement from international cricket on Sunday. The West Indies all-rounder, who had an illustrious eight-year career representing the Windies, last played for Men in Maroon in August 2019 in a T20I match.

₹10,000 in the name of ‘pet maintenance’. The Resident Welfare Association (RWA) of Ittina Mahavir apartment in the Electronic City issued a notice asking its residents to pay a refundable amount of ₹10,000 as registeration fee for keeping pets. In its notice, the RWA said that the pet maintenance charge will be used to treat the victims of dog bites and for other pet-maintenance related work in the residential area, according to a Times of India report.

CM Baghel said that the Central government had not banned the Mahadev betting app yet, and alleged that no crackdown had happened on the betting app. The Mahadev Betting app case which came to limelight with the ₹200 crore wedding of Sourabh Chandrakar, had now involved the incumbent Chhattisgarh Chief minister and Congress leader Bhupesh Baghel.