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Built using transformer models, which power large language models (LLMs) like ChatGPT, the tool called Life2vec is trained on a data set pulled from the entire population of Denmark.

Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance Company says he is positive about the domestic market for 2024 and expects the foreign capital inflow to continue. Edited excerpts: Indian markets have undisputedly been one of the best-performing markets in the world in the calendar year 2023 (CY23).

power of compounding is so profound that it is often referred to as magic. From mutual fund brokers to Warren Buffett – all tend to laud its power. Albert Einstein once famously said that compound interest is the eighth wonder of the world.

The sources of their woes are very different, but similarly acute. Houthi militants, in a show of support of Hamas in its war with Israel, are attacking merchant ships as they sail past Yemen en route to — or from — Egypt’s Suez Canal.

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Santa Claus rally, typically associated with an upsurge in stock prices in the last five trading days of December and the first two days of January, may have already played out in Nifty ahead of its time, but the stage looks set for smallcaps. A study of the performance of Nifty Smallcap 100 during these 7-day periods over the last 11 years shows that the index has delivered positive returns every single year during the last five trading days of December and the first two days of January. Last season's Santa rally was the best in recent times, as the smallcap barometer jumped 7% in 7 days. “Nifty Smallcap 100 index has never closed in the red during this period in the last 11 years. Thus, one must watch out for a Santa rally in smallcaps during this period,” Apurva Sheth of SAMCO Securities told ETMarkets. Just like smallcaps, the bluechip Nifty, too, has a track record of giving positive returns in the last 19 out of 22 years. “Thus, data indicates a strong reason to believe that the index could continue this trend this year, too.

interview, hiring managers often ask “do you have any questions for us?”. While it may seem like a simple question to which you might want to respond “no”, it’s important that you take this opportunity to ask some relevant questions. But what exactly should an interviewee ask an interviewer who has been throwing questions and curveballs at the person?

last Budget before general elections, Santosh Singh, fund manager of Motilal Oswal AMC, doesn't anticipate a multitude of significant announcements to be made. Apart from his expectations from the interim Budget and government's focus on manufacturing and development, he deconstructs the stupendous spike shown by the market and its likely reasons. Among many positive things likely to happen next year, the IT sector is expected to beat the expectations, says Santosh Singh in an email interview with Mint.

Lots of people log in to social media every day. Fewer and fewer are actually posting. Isaiah Hug spends roughly two hours a day scrolling through Instagram, but his last post to his main feed was over a year ago.

cricket for more reasons than one. Let’s have a look at controversies and talking points of the year. Big cricket cities in India like Indore, Mohali, Rajkot, and Nagpur were upset about not being picked to host World Cup 2023 games.

Fresh inflows under FCNR(B) which eliminates currency risk for NRIs, touched $2 billion in April-October, compared with an outflow of $841 million in the same period a year ago, showed the latest Reserve Bank of India (RBI) data published in its monthly Bulletin. Overall, fresh NRI deposits doubled to $6 billion during the April-October of 2023, from $3 billion in the same period a year ago. «Relatively higher interest rates happen to be one of the driving factors,» said Madan Sabnavis, chief economist at Bank of Baroda.

National Pension Scheme (NPS) is pouring funds into government securities, with the pace of bond investments being driven not only by state employees' default retirement plans but also a potential reduction in risk appetite for equities amidst steep valuations and higher interest rates. Latest data published by the Reserve Bank of India showed that the ownership of government bonds by pension funds was at a high of 4.32% of the outstanding stock of ₹103 lakh crore, or ₹4.48 lakh crore, in the quarter ended September. In the quarter ended March 2023, the ownership of government bonds by pension funds was at 3.50% of outstanding stock or ₹2.98 lakh crore. According to pension fund managers, the ownership of government bonds by pension funds can be broadly taken as a proxy for NPS investments in debt.

Hamas captivity were recovered from an underground tunnel network in the northern Gaza Strip, the military said on Sunday, showing footage of a white-tiled bathroom and work room linked by dark concrete-lined passages. The publication left open the question of how they had died, with chief military spokesperson Rear Admiral Daniel Hagari saying post-mortems were pending. «We will brief the families and then, depending on what they approve, the public,» he said.

Vedanta Ltd approved a Rs 200-crore contribution to political parties, even as the parent company is working round the clock to arrange a $1-billion payment on dollar-denominated bonds that are due in January. The board also approved reinstating the unutilised limit of Rs 57 crore — agreed in June 2022 — for making contributions to political parties. ET has reviewed the copy of the resolution passed by the board. Emails sent to Vedanta Ltd for its comments remained unanswered until the publication of this report. The limits of Rs 200 crore and Rs 57 crore contributions are valid until March 2025, the resolution copy shows. The board has approved «the contribution either directly or through electoral trust and in any form including subscription to electoral bonds». Vedanta's board resolution stated that the «chairman and the vice chairman be, and are hereby, severally authorised to decide the quantum of political contribution to be paid to individual political parties». Anil Agarwal is the non-executive chairman of Vedanta and his brother Navin Agarwal is executive vice chairman, according to the company's website. Vedanta passed the resolution on November 4, just two days before the 29th tranche of electoral bond sales was launched.

Sources said that a new sector commander of the Rashtriya Rifles (RR) is likely to take charge soon. An inquiry was on to establish if standing operating procedures were violated in recent attacks by terrorists on Army personnel, they said.

Bethlehem will not celebrate Christmas. Devasted by the toll of Israel's pounding of Gaza some 70 km away, Christ's birthtown in the West Bank will not have a single Christmas tree, let alone festivities. On last count, the Hamas-Israel conflict has killed more than 20,000 Palestinians and injured 50,000-plus people.

NEW DELHI : As the government looks to bring electricity under goods and services tax (GST), the Union power ministry is looking at its likely impact on the industry, states’ revenue and household electricity bills. Electricity is one of several commodities like petrol, diesel and natural gas that have so far remained out of the purview of GST. Audit and consulting firm Deloitte, which was appointed to analyse the impact of the move, submitted a report to the power ministry that showed the move would benefit industry by lowering its outgo in levies.

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In From The Cold' will not be returning for a second season on Netflix, leaving fans in suspense after its debut earlier in 2022. Despite initial plans for a trilogy, the heartfelt cancellation announcement via Twitter earlier this year has confirmed the end of the road for the show. Let's delve into the details of this unexpected decision.

Mint, Devina Mehra, founder of First Global group, shares why she thinks the current market run-up was always in the offing and what her outlook on the markets is for the next year. Mehra, who is currently based out of Dubai, started her professional career in Citibank, working in the investment banking/corporate finance group and in corporate risk group from 1986-1993. In 1993, she quit Citibank and got membership of BSE.

BSE Sensex—hit the 21,000 and 70,000 milestones, respectively. But not all have emerged victorious. An analysis of Nifty’s 14 key sectoral indices shows some sectors handsomely beating others as well as Nifty by a wide margin in 2023, but others put up a weak show.