Research Financial News

British regulators have opened a preliminary investigation into Microsoft’s hiring of an AI startup’s key staff over concerns that it could thwart competition in the booming artificial intelligence market

balance of payments could record a surplus of around $52 billion, or about ₹4.3 lakh crore, in the current fiscal, with foreign institutional investor inflows likely to clock $25 billion, largely due to the inclusion of local debt in a JP Morgan index, State Bank of India has said. «FII inflows, which are $3.5 billion so far this fiscal, are expected to be around $25 billion, getting support through debt inflows on account of bond inclusion ($2.3 billion so far plus another $18 billion expected),» a report by SBI's economic research department said.

macro uncertainties. Such contractual revisions can potentially erode margins at these companies, experts say. At least three top IT firms – Infosys, Tata Consultancy Services, and HCLTech spoke about either changes in the scope of clients’ contracts or passing productivity benefits to clients by doing the same amount of work for lower price in the last two quarters.

Read | F&O trading: Sebi to discuss ways to tighten the screws on retail speculation In addition to their net short index futures positions, client is cumulatively net short index call options by 594,605 contracts and index put options by 375,215 contracts. FIIs, along with proprietary traders, have net purchased index calls sold by client, while the former has purchased index puts sold by client and prop traders, data shows.

Mint explains. Food inflation shot up to 9.4% year-on-year in June—the highest in six months—from 8.7% a month earlier, led by a sharp increase in the prices of vegetables (up 29.3%), pulses (16.1%) and cereals (8.8%). For vegetables—short-duration crops and price-wise the most volatile component—a prolonged heat wave in May and June led to a supply shortfall and higher prices.

Study after study has shown how women seem to be always at risk financially – and according to new research by the Alliance for Lifetime Income, it’s no different for women entering their peak retirement years.

India's e-mobility R&D roadmap has suggested an Aadhaar number for batteries to keep a digital record of its material composition, usage history and end of life management as part of efforts to streamline the recycling process. The suggestion is part of the eMobility R&D Roadmap for India, released by Principal Scientific Adviser to the government Prof A K Sood, that lists out 34 research projects to become self-reliant and emerge as a global leader in providing innovative mobility solutions. «This roadmap aims to fill critical gaps in the current research and development framework. While many identified projects are yet to achieve global success, some areas already demonstrate significant international accomplishments where India is yet to commence preparations,» said Prof Karthick Athmanathan, a member of the Consultative Group of e-Mobility Advisory Committee. The roadmap has listed 34 projects for research and development across four broad areas — energy storage cells, EV aggregates, materials and recycling, charging and refueling.

Brett Bernstein, chief executive officer and co-founder of XML Financial Group, attests one of the things that makes him unique in the advisory space is not just being an entrepreneur but also being CEO and an active advisor at his Bethesda, Maryland-based firm.

Many Americans think they're insulated from the effects of global warming. But climate change is already having negative and broad impacts on household finances, according to experts.

Earth's rotation, which determines the length of each day, is being altered by the impacts of human-induced climate change, a new study published in the Proceedings of the National Academy of Sciences has revealed. The research suggests that polar ice melt caused by global warming is changing the planet's rotation and increasing the duration of each day, a trend expected to accelerate over the coming century as humans persist in emitting greenhouse gases, according to a report from CNN. Although the changes are minute, measured in milliseconds per day, they have significant implications for our technology-dependent world, particularly for computing systems like GPS. This phenomenon underscores the profound influence humans are exerting on the planet. «This is a testament to the gravity of ongoing climate change,» said Surendra Adhikari, a geophysicist at Nasa's Jet Propulsion Laboratory, and a report author. The Earth's rotation speed, which determines the number of hours, minutes, and seconds in a day, is influenced by a complex interplay of factors, including processes in the planet's fluid core, the lingering effects of glacial melt since the last ice age, and the melting of polar ice due to climate change.

As part of his role, Stear will oversee the equity and fixed income developed markets strategists, who provide analysis, research and market recommendations to Amundi's clients. Amundi inks M&A deal to combine US arm with Victory Capital Prior to joining Amundi's investment arm, Stear headed up the Asia research team at Société Générale in Hong Kong for four years, between 2010 and 2014. He moved on to become global head of credit strategy at Société Générale in 2014, later being promoted to head of emerging markets and credit research in 2015. Most recently, he was head of fixe...

type 1 diabetes in children may manifest its symptoms sooner if they contract COVID-19, according to a study that was published in The Journal of the American Medical Association (JAMA). Researchers discovered that youngsters who were both virus-infected and in the early stages of type 1 diabetes but did not exhibit any symptoms advanced faster toward the autoimmune disorder's clinical manifestation. Type 1 diabetes can cause increased thirst and hunger, as well as weariness, blurred vision, and frequent urination. Insulin therapy is the usual course of treatment, involving daily injections. Instead of defending the body against external infectious agents, the immune system of an autoimmune condition targets healthy cells and organs. Children infected with COVID-19 have been shown to have increased levels of islet autoantibodies in previous research. These autoantibodies from blood samples, which are produced when the pancreatic cells that produce insulin are destroyed, aid in the diagnosis of type 1 diabetes.

Scientists discovered indications of an accessible underground cave beneath the moon's surface. The underground cave is close to where Apollo 11 landed. It is 250 miles (400 kilometers) from where Neil Armstrong and Buzz Aldrin landed 55 years ago. Researchers analyzed radar measurements taken by NASA's Lunar Reconnaissance Orbiter and matched the results to lava tubes on Earth. They published their findings in the journal Nature Astronomy. According to the scientists, the radar data merely exposes the early phase of the subsurface hollow. They estimate it to be at least 130 feet (40 metres) wide and tens of yards (metres) long, if not more.

Hyderabad's National Geophysical Research Institute (NGRI) has unearthed new findings shedding light on an ancient link between the Indian subcontinent and Antarctica. Their research provides strong evidence of a collision between India and East Antarctica over a billion years ago, a TOI report stated. In a significant discovery, the NGRI team, which includes Dr. K Chandrakala, OP Pandey, Biswajit Mandal, K Renuka, and N Prem Kumar, uncovered a hidden ridge beneath the Darsi and Addanki regions of Andhra Pradesh. This ridge is attributed to the historic collision, suggesting a tilting of the Cuddapah basin towards the south. The study further indicates signs of past seismic activity in the area, hinting at the presence of a marginal ocean basin along the east coast during the Columbia and Rodinia supercontinent assembly periods. By reprocessing seismic data along a 325-kilometer profile from Alampur to Ganapeswaram, the team investigated the subsurface crustal seismic structure of the north Cuddapah basin. Their findings revealed a thin layer of alluvium underlain by Gondwana sediments and Proterozoic sedimentary layers. Gondwana, a supercontinent encompassing present-day South America, Africa, Arabia, Madagascar, India, Australia, and Antarctica, played a crucial role in the geological evolution of these regions.

“Banks should provide liquidity to engineering industries, specifically MSMEs, for purchase of new machines, equipment and technology updates so that smaller engineering firms can produce world-class products, both in volume and at affordable prices to compete internationally,” says Arun Shukla, MD of Vikramaditya engineering, a Baddi-based MSME engineering company. He advocates increased government incentives to acquire capital goods and machinery; these are now imported, putting a significant burden on engineering firms’ working capital. “The finance minister should allocate substantial funds for industrial infrastructure for MSME the way China has done, for example, for common effluent plants, testing laboratories, logistic hubs, uninterrupted electricity, etc. Unnecessary statutory and regulatory compliance burden hurting productivity needs to go away. Also, labour reforms should be imposed strictly so that exploitation can be reduced. Product-wise MSME clusters should be announced. Collateral-free funding should be available at a low interest rate for development, automation, research & development and expansion purposes,” Shukla adds.

Samsung, in January this year, brought along Galaxy AI—a suite of features that add AI across voice calls, audio recording, photography, general web browsing and more. And, in the past two months, China-headquartered Oppo and Xiaomi have also made moves to bring similar AI features to their phones, too.

dinosaur has been mounted for display at Los Angeles' Natural History Museum. The newly found species is older than Tyrannosaurus rex, as per a Fox News report. The species is known as "Gnatalie" and it lived 150 million years ago in the late Jurassic Era. The dinosaur's fossils, remarkable for their distinct and vibrant hues, owe their unique coloration to the presence of the mineral celadonite. During the fossilization process, this mineral infiltrated the bones, replacing the original organic material and imparting its characteristic greenish tint.

British scientists found the cure for Cancer that claims the lives of nearly 9,000 people every year in the UK alone? According to 'Express', the team led by Dr. Maria Hatziapostolou, from Nottingham Trent University's John van Geest Cancer Research Centre, has found a key gene that could be the answer to controlling one of the deadliest cancers known. In a major breakthrough, scientists have discovered that pancreatic cancer can deactivate specific molecules within the HNF4A gene, aiding its rapid spread and aggressive growth.

commercial messaging market is expected to more than double to $3.2 billion by 2028 from $1.3 billion in 2023, with global advanced messaging channels such as Google's RCS (rich communication services) and Meta's WhatsApp Business intensifying their competition for a bigger share of this growing market. WhatsApp currently has a head start over Google's RCS with some enterprises saying they have deployed a majority of their messaging on that platform. However, both are set to reach a combined market of $1.6 billion and capture 50% of value share of India's commercial messaging market, according to research firm Gartner. While basic messaging channels in India such as SMS are set to grow at an annual rate of 12% through 2028, advanced channels such as RCS and WhatsApp will grow at 58% at the fastest pace for any country globally, Gartner said. «Globally, while basic messaging is set to grow at a modest 4.2%, advanced messaging is scaling in double digits at 34.4%,» said Pankil Sheth, industry research analyst at Gartner.

Panchayat department is planning to create a marketing board dedicated to SHGs and FPOs in the Panchayat Department. “We are going to make a marketing Board separately dedicated to SHGs and FPOs in the Panchayat Department. Market linkages, capacity building, livelihood opportunities and research will be looked into by the Board. We are forwarding the proposals to the state government,” P Ulaganathan, Secretary in West Bengal Panchayat & Rural Development Department. “We have chosen 150 women from Self-Help Groups and IIM Kolkata are training them. We are funding them. Earlier their income was Rs 10-12,000 but it has touched Rs 10 lakhs now. Their products are available in New Delhi and Mumbai. It has happened with the help of IIM-Joka,” Ulganathan said, adding “We are doing entrepreneurship programmes in the state”.

moon. It is at least 150 meters deep and could be an ideal base for humans to build a permanent base on the lunar surface.The Scientists said the underground cave appears to be accessible from an open pit in the Sea of Tranquility, just 250 miles (400 kilometres) from the site where the Apollo 11 astronauts Neil Armstrong and Buzz Aldrin first set foot on the moon in1969.The finding, which first appeared in the journal Nature Astronomy, said that two Italian researchers--Lorenzo Bruzzone and Leonardo Carrer at the University of Trento—discovered the caves by analyzing the radar data collected by NASA’s lunar reconnaissance orbiter (LRO).The Italian researchers said the analysis of radar data collected by LRO established that the Mare Tranquillitatis pit leads to a cave which is 45 metres wide and up to 80 metres long.Analysis of radar data collected by Nasa’s lunar reconnaissance orbiter (LRO) revealed that the Mare Tranquillitatis pit, the deepest known pit on the moon, leads to a cave 45 metres wide and up to 80 metres long, an area equivalent to 14 tennis courts.