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Elon Musk's social media platform X (formerly Twitter) is planning to start removing headlines from news articles. Under the new changes, articles will appear on users' timelines with just a headline and URL, while individuals will have to add their own description above the post. According to a report by Fortune, X wants users to write a more ‘engaging post’ by removing the headline and other context from the post.

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Childcare giant G8 Education had to turn away parents from its centres because it was unable to find enough staff to care for their children, stifling earnings growth.

Last Monday, the rupee slipped below the psychological level of 83 per U.S. dollar for the first time since October 2022, when it hit a record low of 83.29. Indian exporters last Monday and Thursday hedged a total $3.6 billion via forwards, data from clearing house CCIL shows.

ILO) said, adding that the impact on employment would be more on high-income countries and among females. According to the ILO study, Generative AI and Jobs: A global analysis of potential effects on job quantity and quality, most jobs and industries are only partly exposed to automation and are more likely to be complemented rather than substituted by the latest wave of Generative AI, such as chatGPT. “Therefore, the greatest impact of this technology is likely to not be job destruction but rather the potential changes to the quality of jobs, notably work intensity and autonomy,” it said. As per the study, 5.5% of total employment in high-income countries is potentially exposed to the automating effects of the technology, whereas in low-income countries, the risk of automation concerns only some 0.4% of employment. The study further shows that the potential effects of Generative AI are likely to differ significantly for men and women with more than twice the share of female employment potentially affected by automation. “This is due to women’s over-representation in clerical work, especially in high and middle-income countries,” it said, adding that one result of Generative AI could be that certain clerical jobs may never emerge in lower-income countries. According to the study, clerical work has the greatest technological exposure with nearly a quarter of tasks considered highly exposed and more than half of tasks having medium-level exposure. On the other hand, the potential for augmentation is nearly equal across countries, suggesting that with the right policies in place, this new wave of technological transformation could offer important benefits for developing countries, the ILO said. According to the ILO, there

IPO. It received Sebi's observation letter on August 11, an update with the regulator showed on Tuesday. The company issued 16.7 lakh shares at a price of Rs 735 apiece, according to a public announcement. Investors participated in the pre-IPO round include SBI Magnum Children's Benefit Fund, SBI Optimal Equity Fund, SBI Healthcare Opportunities Fund, Neuberger Berman Emerging Markets Equity Fund, Neuberger Berman Europe Holdings LLC and Neuberger Berman Strategic India Equity Master Fund Holdings Ltd. In addition, High Conviction Fund — Series 1, Ashoka India Equity Investment Trust PLC, Think India Opportunities Master Fund LP and DC Ikka Ltd too participated. In May, Jupiter filed its preliminary papers with the market regulator Sebi to raise funds through an IPO. The issue consists of a fresh issue of equity shares worth up to Rs 615 crore and an offer-for-sale (OFS) of up to 44.5 lakh equity shares by promoter group and other selling shareholders. With the completion of the pre-IPO placement, the fresh issue size will now be reduced. Proceeds from the maiden public issue will be utilised for payment of debt and general corporate purposes. The hospital chain operates in Thane, Pune and Indore under the Jupiter brand with a total bed capacity of 1,194 as of December 2022.Jupiter Hospitals, which has a strategic focus on the Western India healthcare market, is in the process of developing a multispecialty hospital in Dombivli, Maharashtra, being designed to accommodate over 500 beds. After making a loss in the financial year 2020-21, the company reported a profit of Rs 51.13 crore in 2021-22. Its revenue from operations jumped 51 per cent to Rs 733.12 crore in FY22 from Rs 486.16 crore in FY21. For the nine months

For further recommendations, try our annual round-up of the best books, films, TV, music, podcasts and more. Budapest. By Victor Sebestyen. W&N; 432 pages; £25 Forever caught between East and West, the capital of Hungary encapsulates the drama of central Europe in its wonders and horrors.

retail, telecom, among others, strengthened their hiring drives to meet the increase in consumer demand during the upcoming festive season, according to the latest data from leading business services provider Quess. About 32,000 jobs were posted in this period considering the BFSI, retail, and telecom sectors, the data showed. Job roles such as production trainee, branch relationship executive, collection officer, business development executive, broadband sales executive, sales executive, warehouse associate, and customer relationship officer have seen an increase in demand this season. “Despite inflation and profitability pressures, segments such as manufacturing, BFSI, and retail have reflected remarkable growth,” said Lohit Bhatia, President- Workforce Management, Quess. “As many as 32,000 jobs were posted in this period, and we expect this trend to magnify each month by at least 5,000 as we inch closer to peak festivities, especially across industries impacted by direct consumers such as e-commerce, logistics and automobiles,” he added. The manufacturing & industrial segment has noted a 245% growth in demand for professionals over the period April-Aug 2023 (as compared to April-Aug 2022). The automobile manufacturing sector is witnessing an uptick in recruitment, especially in the context of EV manufacturing to meet the consumer demand expected due to the Diwali festivities. The BFSI industry noted a 27% increase in demand for manpower ahead of the festivities, followed by telecom (14%). Telecom has undergone massive digitization efforts with the launch of 5G which has led to considerable job creation in the industry.

Golden Maknae seems to have landed in trouble! K-pop sensation Jungkook, whose debut single ‘Seven’ created history by grabbing top slots in the Global Spotify Chart, UK Singles Chart, and US Billboard Chart, is now facing accusations of plagiarism. A mere month after the romantic summer bop landed atop the US Billboard 100 chart, K-pop producer Yang Joong Young has alleged that ‘Seven’ is eerily similar to ‘Time Of Mask’ a song he composed for the girl group Fin.KL. According to a Koreaboo report, the melodic tone of both songs has more than a passing resemblance. As the news went viral on X (formerly named Twitter), many ARMYs came to Jungkook’s defense, pointing out that the two songs sounded nothing similar. Some fans claimed that ‘Time Of Mask’ resembled a Spice Girl single ‘Say You Will Be There’. “You know what's more intriguing besides the songs not being anything alike? is that the said song they claim was plagiarized is identical to «Say You'll Be There» by Spice Girls,” wrote a Twitter user.

ACC Ltd. 0.0 per cent to Rs 1972.0 at 12:18PM (IST) in Tuesday's trade.

«The picture seems to be very good as far as public sector banks and the overall banking scenario in the country is concerned and it is an effort which had started a couple of years ago,» says Rajnish Kumar, Former Chairman, SBI.Let us get in an overall picture from you on the entire banking sector because we have seen balance sheets getting cleaner, growth looking strong, it is pretty strong environment as well. So, given the fact that historically private sector banks have thrived, a lot of public sector banks are now looking a little more competitive, valuations as well are looking better. So, how does the picture stack up?The picture seems to be very good as far as public sector banks and the overall banking scenario in the country is concerned and it is an effort which had started a couple of years ago. All the banks took steps to clean up their balance sheet.

Tata Elxsi Ltd. traded 0.15 per cent up in Tuesday's trade at 12:23PM (IST).

finance ministry said on Tuesday, even as it expected the latest spike in food inflation to be “transitory” on the back of steady farm sector performance, fresh arrivals in the market and the government’s “pre-emptive measures” to boost essential supplies. Nevertheless, in its monthly economic report for July, the department of economic affairs (DEA) called for greater vigilance by both the fiscal and monetary authorities on the price front. It, however, pointed at the emergence of “green shoots of a private capex upcycle”, adding that the government’s persistent emphasis on budgetary capital spending in recent years is now crowding in private investments, as evident in the performance of various high-frequency indicators and industry reports.

Rakesh Sharma, Executive Director, Bajaj Auto, says “the export opportunity is just unfolding. We are far from seeing it getting exhausted. The scope for two-wheelers in parts of Latin America and Africa is enormous. But participating in international business is not for the faint hearted. It is not for the trader. This is for the manufacturer. This is for people who have a genuine commitment to global play. That is what Bajaj is all about. I would say the emerging markets story is far from exhausted. It holds a lot of potential still, and we are very optimistic about it. But we do not think it is going to play out very rapidly.”We have always looked at Pune as the go-to city as a manufacturing space, especially for auto. What is so special about Pune that makes it perhaps the Detroit of India?Pune is quite a delightful city.

inflation on an annual basis, Indians are still not opting for high-priced large consumer product packs, a TOI report showed on Tuesday. Citing research from retail intelligence platform Bizom, the report said that the sales growth in high-value packs across FMCG categories shrank in July over the previous year. Low-and-mid-priced packs still figured among the preferred alternatives for most Indians as prices of large packs remain higher than expected. «When the price of a pack rises above a certain psychological threshold — say a Rs 100 pack becomes Rs 110 — then it's difficult to get consumers to purchase these packs. Moreover, e-commerce and quick commerce, where consumers make impulse purchases of small-and-mid-priced packs, continues to grow faster than modern trade where high-value packs are usually bought,» said Mayank Shah, senior category head at Parle Products. He added that consumers are okay with grammage reductions because extra money does not go out of their pockets.

crude oil imports from Russia dipped for the first time in nine months, while inbound shipments from Saudi Arabia tumbled to their lowest in 2-1/2 years following OPEC+ cuts, tanker data from trade and industry sources showed. Both China and India, the world's biggest and third-biggest oil importers, cut imports from Russia and Saudi Arabia in July after prices rose and as the two oil producers reduced output and crude oil shipments. Saudi Arabia volunteered to cut output by another 1 million barrels per day (bpd) from July through September, and Russia will reduce exports in August by 500,000 bpd, part of a deal among members of the Organization of the Petroleum Exporting Countries and its allies, a grouping know as OPEC+, to curb supplies and support prices. India's overall imports also declined 5.2% from June to 4.4 million bpd oil in July, the data showed, as several refining plants are shut for maintenance during monsoon season.Russian oil imports declined 5.7% to 1.85 million bpd and Saudi shipments fell by 26% to 470,000 bpd, the data showed. India imports more than 80% of its overall oil needs. Indian refiners that have been diversifying their oil import sources to cut costs began snapping up Russian oil at a discount as some Western companies stopped purchasing from Moscow following its invasion of Ukraine in February 2022. India's import of Russian oil may now decline further in August and September, however, as refiners plan maintenance at their plants and as Russian crude prices are above the $60-a-barrel ceiling imposed by the European Union and G7 economies after spot discounts shrank, sources said. Russia was still the top oil supplier to India in July, though, followed by Iraq and Saudi Arabia.

Also read: Chandrayaan-3 Update: Three days to landing on Moon; ISRO shares timing. See here The live coverage of this historic event is scheduled to commence on August 23, 2023, at 5:27 PM. Viewers can watch the soft landing live on various platforms, including the ISRO Website, ISRO's YouTube channel, ISRO's Facebook page, and DD National TV channel as well as National Geographic TV channel.

American streaming platform Netflix has announced that the fourth season of its comedy drama Sex Education, will premiere on 22 September. It stars Asa Butterfield, Gillian Anderson, Ncuti Gatwa, Emma Mackey, Connor Swindells, Kedar Williams-Stirling, Alistair Petrie, Mimi Keene, and Aimee Lou Wood. Viewership of international content on over-the-top (OTT) video streaming platforms in India has nearly doubled in 2022 as audiences took to original and dubbed versions of English, Turkish, Spanish and Korean shows and films.

Elon Musk-led social media giant X (formerly Twitter) has acknowledged a major glitch that caused images and other media links prior to 2014 to disappear. The company has noted that the bug has been fixed and the issue should be fully resolved in the coming days.

Godrej Consumer Products Ltd. traded 0.99 per cent up in Tuesday's trade at 10:56AM (IST).

Donald Trump to skip Wednesday's first debate of the 2024 presidential primary season likely deprives Fox of a huge late-summer audience. Even worse for the network, Trump has talked of appearing in an online interview with former Fox star Tucker Carlson at the same time. Trump's announcement on Sunday wasn't necessarily a surprise.