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Spotify takes on YouTube with new music videos feature. Here's how it works Meanwhile, a TechCrunch report, citing app researcher Chris Messina, has also confirmed the news that Spotify is indeed working on new features that will allow users to remix their favourite songs directly from the streaming service.

Stock Market News: The banking and information technology (IT) stocks prompted the domestic benchmark indices, the Sensex and Nifty 50, to decline 1% each on Friday in reaction to high US inflation statistics earlier this week that dimmed prospects of an early interest rate cut by the Federal Reserve. With both finishing in red, the Pharma Index and the Healthcare Index exhibited most severe hardship among all the sectoral indices.

U.S. and Chinese military planners are gearing up for a new kind of warfare in which squadrons of air and sea drones equipped with artificial intelligence work together like a swarm of bees to overwhelm an enemy

A two-decade bet on a biotechnology company turned into a roughly $8 billion windfall for investors in a New York hedge fund earlier this year. Baker Bros. Advisors, a hedge-fund firm run by brothers Felix and Julian Baker, had in 2003 invested in Seagen, a developer of next-generation cancer treatments.

Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year

Drug regulators in Europe have found no evidence that popular diabetes and weight-loss drugs like Ozempic and Wegovy are linked to a higher risk of suicidal thoughts or actions

trials of indigenously-developed man-portable anti-tank guided missile (MPATGM) weapon system, paving way for its induction into the force's armoury. The weapon system has been designed and developed by the Defence Research and Development Organisation (DRDO), officials said. The overall system consisted of the MPATGM, launchers, target acquisition device and a fire control unit. Defence Minister Rajnath Singh has complimented the DRDO and the Indian Army for the successful trials of the system, terming it as an important step towards achieving self-reliance in advanced technology-based defence system development.

Despite the chaos, the Nifty 500 managed to pull off an impressive return of around 40.5%, which is pretty outstanding. The performance was even better for mid and smallcap indices. However, as a quant-powered stockbroker equipped with an intelligence layer of factor-based analysis, we wanted to delve deeper into the financial year gone by from a quantitative lens. Here's what we found.

Another major concern is the surcharged geopolitical situation in the Middle East with heightened tensions between Iran and Israel. These will keep the markets on tenterhooks in the near-term, he added.

domestic equity benchmarks settled flat last week as investors' hope for a June rate cut were dashed by higher-than-expected inflation in the US, compounded by positive US employment and manufacturing data. Escalating geopolitical tensions in the Middle East, alongside supply concerns, have propelled crude oil prices upward, impacting the overall market sentiment.

«Demand has improved across categories including the entry products and rural markets like UP, Rajasthan, Madhya Pradesh and Bihar after a long time,» said Haier India president Satish NS. «These markets were earlier struggling to meet sales targets but now easily achieving them.» As per preliminary estimates by smartphone industry market tracker Counterpoint Research, the smartphone market grew by about 8% in the last quarter — one of the highest quarterly growths in recent times. In January-March 2023, the market had declined by 19% year-on-year. To be sure, the smartphone market growth rate in preceding October-December period was higher at 25% year-on-year but that was due to festive season shifting by a month and therefore a weak base period. But overall smartphone shipments in India had remained flat in calendar 2023.

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ALSO READ: IPL 2024 RCB vs MI: Glenn Maxwell OUT for duck for the third time this season; here's how netizens react While another user shared more clear view of the toss and showed that Srinath didn't flip the sides of the coin, adding the umpire forgot the call made by the RCB captain Faf du Plessis. "A clear Video of the toss...If You Still having doubt Either go to Eye Hospital or Mental hospital," the video caption read. Another user wrote, "If he wanted to lie, he could have said Hardik won toss even without flipping.

Women don’t have a square deal in banking, as (hopefully) no one in the industry needs to be told.

When ChatGPT first came out, a lot of people in the investment banking industry felt that one of the most human and relatable things about it was its tendency to make something up when it didn’t know the answer.  Knowing when to admit ignorance and when to waffle is one of the higher level skills of the industry, after all.  A banker who never says “I don’t know; I’ll research it and get back to you” like Patrick Biggs at Morgan Stanley, is almost certainly a BS merchant who will blow up in the long term. 

Dymon Asia Capital, the Singapore-based hedge fund, was opening a new office in Mumbai last time we checked. It’s been a while, however. Dymon already has offices in Hong Kong, Shanghai, Tokyo, Malaysia, and has its eyes on Dubai, with Mumbai now up and running.

Artificial Intelligence (AI) in modern processes, including court proceedings, raises complex ethical, legal and practical considerations that demand a thorough examination, Chief Justice of India D Y Chandrachud said on Saturday. The CJI said AI represents the «next frontier of innovation» and its use in court adjudication presents both opportunities and challenges that warrant nuanced deliberation. Justice Chandrachud said while AI presents unprecedented opportunities, it also raises complex challenges, particularly concerning ethics, accountability and bias and addressing these challenges requires a concerted effort from stakeholders worldwide, transcending geographical and institutional boundaries. He was speaking at a two-day conference on technology and dialogue between the Supreme Courts of India and Singapore.

smallcap stocks that offered double-digit returns this week were only 24. Last week, as many as 400 smallcaps rose in double-digits. The market sentiments worsened as the week went on as investors' hopes for a June rate cut were dashed by higher-than-expected inflation in the US.

Special Economic Zones (SEZ) law are expected to figure in the 100-day agenda of the commerce ministry for the next government and it may be introduced in the monsoon session of Parliament, sources said. The monsoon session will be the first session of the newly elected government which will also see the presentation of the full budget for 2024-25. The seven-phase Lok Sabha polls, the world's biggest election exercise, will kick off on April 19 with the counting of votes set to take place on June 4.

₹2.54 trillion on the NSE. While some experts said investors were spooked by concerns over escalation of the Middle East crisis, a delay in rate cuts by the US, and an amendment to the India-Mauritius tax treaty, others pooh-poohed these concerns and said the correction was expected and healthy. The sectors that saw the highest profit booking were banking, IT, infra, oil and gas, and pharma.

Former Redington head of manager research Nick Samuels joined as managing director and client portfolio manager for EMEA on 1 April. Samuels' role involves supporting the firm's client relationships across EMEA and he will report to managing director and lead client portfolio manager for EMEA Raj Shant. Jupiter AM makes double hire to join Savvides on UK Special Situations fund Before his eight-year tenure at Redington, Samuels served as a global equity researcher at SEI Investments. Additionally, his career started in 2000 on the emerging markets team at Schroders. Shant said: «Ni...