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At least six major technology companies are planning to sign an agreement this week that would guide how they try to put a stop to the use of artificial intelligence tools to disrupt democratic elections

The Biden administration is rolling out new recordkeeping rules for U.S. investment advisers in its continued effort to clamp down on money laundering, illicit finance and fraud in the American financial system

Nvidia is poised to surpass Google's parent Alphabet as the third most valuable company on Wall Street, as per reports. The expectation comes after the Santa Clara-based artificial intelligence (AI) chipmaker's market capitalisation reached $1.78 trillion on February 13, eclipsing Amazon's $1.75 trillion for the first time in two decades. On February 13, Nvidia's shares slipped by 0.17 percent, closing at $1.78 trillion, while Amazon's stock declined by 2.15 percent, resulting in a market value of $1.75 trillion.

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₹3,729.05 apiece on the BSE. Eicher Motors posted a consolidated net profit of ₹995.97 crore for the quarter ended December 31, recording a growth of 34.43% from ₹741 crore in the year-ago period, led by price increases and higher volumes. The company’s revenue from operations in Q3FY24 rose 12.28% to ₹4,179 crore from ₹3,721 crore, year-on-year (YoY).

Paytm Payments Bank, shares of One 97 Communications on Wednesday tumbled up to 9% to day's low at Rs 344.90 on BSE. In the last 10 trading days since the RBI ban was announced, the stock has lost about 55% of its value or Rs 26,000 crore in market capitalisation. Global broking firm Macquarie, which has shared a love-hate relationship with Paytm stock, has downgraded the new-age stock to underperform with a target price going as low as Rs 275.

ICICI Bank branch manager and his aides managed to meet their business performance targets for years by withdrawing money out of the bank accounts of unsuspecting account holders of the branch. They withdrew this money to create an illusion of opening new FD, current and savings accounts. However, someone got to know about it and started blackmailing the bank branch officials. To cover up their misdeeds, their act of misappropriation of money went to the next level and more money was taken out of the bank accounts of customers and was used to pay an Udaipur-based individual as hush money. Rajasthan Police officials have confirmed that till date about Rs 2.5 crore has been paid as hush money to that Udaipur-based individual who has been blackmailing the ICICI Bank branch manager.

North Korea on Wednesday fired multiple cruise missiles into the sea in its fifth test of such weapons since January, South Korea's military said, extending a streak in weapons demonstrations that's elevating tensions in the region. South Korea's Joint Chiefs of Staff said the South Korean and U.S. militaries were analyzing the launches that were detected in waters northeast of the eastern coastal city of Wonsan. The South Korean military didn't immediately provide the exact numbers of missiles fired or how far they flew. It wasn't immediately clear either whether the missiles were fired from land or from sea assets. «Our military has increased surveillance and vigilance and is working closely with our US partners and is closely monitoring signs for further activity from North Korea,» the Joint Chiefs of Staff said in a statement. Experts say North Korea is ramping up pressure on its rivals in an election year in South Korea and the United States with a long-term focus of forcing Washington to accept the idea of the North as a nuclear power and extract security and economic concessions from a position of strength.

Also Read: US consumer inflation reduces to 3.1% in January Currently, the Federal Reserve is maintaining interest rates at their highest level in over two decades, aiming to gradually restore inflation to the targeted 2% rate over the long term. Since March 2022, the US central bank has increased its policy rate by 525 basis points to the current range of 5.25% to 5.50%. As concerns over potential Federal Reserve interest rate cuts heightened due to the significant inflation figures, major equity markets globally concluded Tuesday's session in the red.

carbon capture approaches. The technology? Sunlight and seawater. The company, Banyu Carbon, says it has developed an ocean carbon dioxide removal (CDR) system that relies on a synthetic molecule that, when exposed to light, changes shape and becomes acidic. When it interacts with seawater, the resulting process scrubs CO2. Though the company is currently working at the gram scale, its technology holds the promise of a low-cost way to limit global warming. “The main problem we're trying to solve is that carbon removal takes a ton of energy,” says Banyu co-founder and Chief Executive Officer Alex Gagnon, a chemical oceanography professor who spun the startup out of the University of Washington in 2022 with colleague Julian Sachs. (A marine organic chemist and Banyu’s chief technology officer, Sachs previously conducted fieldwork in the Pacific, and “Banyu” is an Indonesian word for “seawater.”)

Hindalco Industries Ltd share price gained more than 1% in morning trades on Wednesday, however was trading the red thereafter. Hindalco share price had seen sharp correction of more than 12% on Tuesday. Hindalco had posted its December quarter performance on Tuesday.

₹180.35 apiece on the BSE. Zee Entertainment Enterprises (ZEEL) posted a net profit of ₹58.5 crore in the quarter ended December 2023, up 140% from ₹24.32 crore during the same period a year ago. Zee’s advertising revenue fell 3.3% to ₹1,027.4 crore from ₹1,063.4 crore, while subscription revenue increased 3% to ₹921.3 crore from ₹894.4 crore, YoY.

Section 80TTB of the Income Tax Act outlines the tax benefits that senior citizens can avail of regarding the interest income they receive from deposits. The Finance Budget 2018 introduced several benefits specifically targeted at senior citizens, one of which is the new provision -Section 80TTB.

Investing.com-- Shares of Australia’s four largest banks fell on Wednesday, with Commonwealth Bank Of Australia (ASX:CBA) in the lead after the country’s largest lender warned of worsening margins due to increased economic pressure from high interest rates. 

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The Nifty futures closed positive with gains of 0.55% at 21816 levels on Tuesday. India VIX was down by 1.56% from 16.06 to 15.81 levels. Volatility cooled off from its highs and gave way to the bulls at crucial support zones.

Republicans impeached US President Joe Biden's immigration chief on Tuesday, the culmination of months of attacks on the Democratic administration as they seek to make border security a key issue in November's election. Conservatives in the House of Representatives, which is narrowly controlled by Republicans, blame Homeland Security Secretary Alejandro Mayorkas for a surge in illegal entries from Mexico that they have called a «humanitarian catastrophe.»

Indian stock market: Frontline indices the Sensex and the Nifty 50 ended higher on Tuesday, February 13, driven by notable performances from specific banking giants. Nifty 50 rose 127 points, or 0.59 per cent, to end at 21,743.25 while the Sensex closed at 71,555.19, up 483 points, or 0.68 per cent. Mid and smallcaps also ended in the positive territory.

Donald Trump's imploring Republicans to pass fresh aid for Ukraine. “For God sake, it’s dumb, it’s shameful, it’s dangerous, it’s un-American," Joe Biden said on Tuesday at the White House, referring to the former president’s comments. Donald Trump, the 2024 Republican presidential frontrunner, said that he would not want the US to come to the defense of NATO allies who did not meet the alliance’s targets for defense spending if Moscow attacked them.

Pacer ETFs Distributors President Sean O'Hara on earnings season, the Federal Reserve's handling of rate cuts as well as the upcoming CPI and PPI reports.

Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control.