Platform Financial News

AWS) has launched a two-week pop-up, GenAI Loft, aimed at fostering innovation and community in the evolving landscape of generative artificial intelligence technology in Bengaluru on July 29. The loft is open to visitors till August 9.

RBI) is planning a five-episode web series to provide an in-depth presentation about its functions and its 90-year journey. The web series is proposed to be for nearly three hours, with each episode having a duration of 25-30 minutes, according to an official document.

Reasons to BuyReasons to AvoidThe Acer Nitro V Gaming Laptop is equipped with a 13th Gen Intel Core i5-13420H processor, 15.6 inch FHD display with a 144Hz refresh rate, and NVIDIA RTX 4050 graphics with 6GB VRAM. It includes 16GB DDR5 RAM, 512GB SSD storage, and runs on Windows 11 Home.

Interest in private markets is trending higher and while private equity is one of its best known components, investors favor some strategies for investing in PE over others.

White Matter Advisory on Monday announced the acquisition of a 90% stake in fintech startup Fairexpay for an undisclosed amount. The acquisition will help White Matter Advisory in expanding its portfolio in the area of cross-border remittance and fund collection services, a release said.

income tax refund after you file the income tax return (ITR) for that year. However, the processing of your ITR by the tax department and the issuance of an intimation notice confirming it is necessary before the income tax refund is issued. This intimation notice is provided under section 143 (1) of the Income-tax Act, 1961. This year, the deadline for filing returns for FY 2023-24 (AY 2024-25) is July 31, 2024.

Mint explains some of the amendments in the budget that are applicable to international transactions. Until now, investing in international stocks attracted a long-term capital gains (LTCG) tax rate of 20% with indexation benefit—adjusting for inflation—if the stocks were held for more than 24 months.

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AI will likely be replacing low-wage jobs with expensive technologies and lack of reliability, as of now. “Unless there is RoI, companies will not invest. But we believe every business will be an AI business in future.

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Elon Musk, the world's richest man, has waded into one of the thorniest issues facing U.S. politics: deepfake videos.

fashion discovery and savings platform Magicpin said it will invest Rs 100 crore to onboard 1 lakh new restaurants and cloud kitchens on ONDC.

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LONDON—Stone the crows, our lingo’s all gone Pete Tong. British slang isn’t what it used to be. American stars might enjoy grappling with the alternate universe of what people say on the other side of the Atlantic.

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₹2 trillion and expected to benefit over 40 million job aspirants, has been designed to nudge and incentivize industry into hiring more labour. This is also the government’s way of acknowledging that unemployment is a problem that demands a policy response. The first scheme envisages payment of one month’s wage, capped at ₹15,000, over three instalments to a first-time employee.

OpenAI finally unveiled a search engine competitor to Google called SearchGPT. The new feature is currently in the 'prototype' stage and is only available via a waiting list, but it is expected to be rolled out to all users in the future.In a blogpost about new search feature, OpenAI wrote, “We’re testing SearchGPT, a prototype of new search features designed to combine the strength of our AI models with information from the web to give you fast and timely answers with clear and relevant sources."SearchGPT start page is akin to Google and we get a message reading, “what are you looking for?" After entering the search query, though, you get a direct answer much like Perplexity or Google's disgraced AI overviews feature.Meta announced its latest open-source language model, Llama 3.1 405B, which is said to rival the likes of GPT-4o and Claude 3.5 Sonnet in human evaluations and benchmakers.

Investment in equity mutual funds surged over five-fold to Rs 94,151 crore in the June 2024 quarter against Rs 18,358 crore a year ago, driven by a strong economic environment, supportive government fiscal policies, investors confidence and robust stock return. This has also pushed the industry's assets under management (AUM) by 59 per cent to Rs 27.68 lakh crore in June from Rs 17.43 lakh crore a year ago, data from the Association of Mutual Funds in India (AMFI) showed.

Elon Musk unveiled his audacious aspirations for the company's future during Tesla's second quarter earnings call in 2024. Musk maintained his optimism while outlining numerous important projects, even after the revelation caused a 45% drop in net income and a 10% drop in the price of Tesla's stock. These six statements are arranged according to how likely they are to come true in 2019, as per the reports of Yahoo finance.