Testing Financial News

14.04 / 08:45
Google Apple Gemini Instagram reports testing malaria Weekly Tech Recap: Meta AI starts appearing on WhatsApp and Instagram, ChatGPT gets a major upgrade and more
Weekly Tech Recap: We've seen a whirlwind of activity shaping the world of technology, including OpenAI delivering a much-needed upgrade to ChatGPT, Meta testing its AI chatbot on WhatsApp and Instagram, and Google Gemini AI confirmed to be coming to Oppo and OnePlus devices. So, without further ado, let's dive in and take a look at the tech developments that made headlines this week.
14.04 / 07:27
markets UPS Platform trends Trade performer testing Silver hits lifetime high. Will the rally continue?
Silver prices in the domestic market are at lifetime highs amid multiple catalysts like safe-haven demand due to escalating geopolitical tensions, hopes of US interest rate cuts, speculative buying, and a sharp rally in industrial metals. Meanwhile, the performance of the benchmark London spot silver remained sluggish but hovering near three-year highs. In the key MCX futures platform, prices reached an all-time high of Rs 84,515/kg last week, gaining about 12% in the last two weeks. A similar move was witnessed in overseas platforms, but the metal was trading down by over 40% from its lifetime high of $49.51 an ounce tested in April 2011.
14.04 / 03:23
Arrow War shooting testing Israel has deployed a multilayered air-defense system. It faces big test with Iranian drone strike.
ballistic missiles poses the latest challenge to Israel's air defense system, which already has been working overtime to cope with incoming rocket, drone and missile attacks throughout the six-month war against Hamas. Here's a closer look at Israel's multilayered air-defense system: The Arrow: This system developed with the U.S. is designed to intercept long-range missiles, including the types of ballistic missiles Iran said it launched on Saturday. The Arrow, which operates outside the atmosphere, has been used in the current war to intercept long-range missiles launched by Houthi militants in Yemen.
14.04 / 01:01
Waters Platform innovations reports testing recommendations Features No more stinky rides: How Railways plans to tackle smelly trains, stations
New Delhi: The Indian Railways is considering Internet of Things, new chemicals and standardised watering systems among tools to address a chronic complaint of passengers: smelly trains and station premises. A recent meeting of senior railway officials associated with maintenance and upkeep of trains discussed this issue, after the Railway Board flagged the large number of complaints that the national transporter has been getting on its platform for grievance redressal, a top government official said. “To address the high volume of complaints regarding foul smell figuring in the Rail Madad app, the Railway Board has recommended testing new IoTbased technology for foul smell detectors,” the official told ET.
13.04 / 14:23
Food Virus show outbreak testing infection symptoms Bird flu is spreading to more farm animals. Are milk and eggs safe?
bird flu outbreak in US dairy cows has grown to affect more than two dozen herds in eight states, just weeks after the nation's largest egg producer found the virus in its chickens. Health officials stress that the risk to the public is low and that the US food supply remains safe and stable. “At this time, there continues to be no concern that this circumstance poses a risk to consumer health, or that it affects the safety of the interstate commercial milk supply,” the US Food and Drug Administration said in a statement.
13.04 / 09:21
UPS WhatsApp Instagram show social reports testing After WhatsApp, Meta AI could soon show up in your Instagram DMs. Here's how the chatbot will work
Meta said, “Our generative AI-powered experiences are under development in various phases, and we’re testing a range of them publicly in a limited capacity," The feature was spotted first by a TechCrunch report, which said that Meta was testing its AI chatbot in the main search bar, but other reports suggest that the chatbot appeared in the Instagram DM search bar. The Engadget report states that clicking on the Meta AI icon allowed them to have a conversation with the chatbot directly from their DM, similar to chatting with a friend.
13.04 / 08:49
Platform security Mobile Discover Bill testing Updates Mutual fund investors: Do you need to do KYC again? Check new rules here
Many investors are discovering that their existing KYC status has become invalid. The validity is determined by the identity or address proof submitted during KYC registration. The regulator has narrowed down the list of officially valid documents (OVD) that can be used as proof. This list includes documents like Aadhaar, passport and voter ID, among others. The previously valid documents like bank statements and utility bills are not in the revised list. So your previously registered KYC would have been put ‘on hold’ if it was done with non-OVD documents, or your e-mail/mobile were not verified. Such investors are no longer allowed to transact even for existing investments. This means any running SIPs or fresh investments will not go through, nor will they be able to redeem the money. These investors must complete a new KYC process by submitting any of the OVDs to either a mutual fund house, KRA (KYC Registration Agency), or mutual fund platform. “All investors whose KYCs are on hold have to do it all over again,” asserts Amol Joshi, Founder, PlanRupee Investment Services. Once their KYC status is updated to ‘validated’, they can start transacting again.
13.04 / 05:15
Provident WhatsApp rock information testing Courts Investigations Rameshwaram Cafe blast suspects brought to Bengaluru on remand
NIA from Kolkata on transit remand, police sources said on Saturday. Both will be taken for a routine medical test, after which they will be produced before the National Investigation Agency (NIA) court here.
13.04 / 05:15
Digital Align trends Cycling Diversity testing TCS announces double-digit salary hike this year: Here is what you can expect in this appraisal cycle
Despite a decline in hiring during the last quarter, TCS witnessed a reduction in its headcount by 1,759 employees, totaling 601,546 at the fiscal year's end. This decrease follows a previous drop of 5,680 employees in the third quarter. However, despite these reductions, TCS concluded the fiscal year with 13,249 fewer employees compared to the previous year, alongside a 3.5% revenue growth. The company's Chief HR Officer, Lakkad, attributed the vibrant atmosphere in TCS delivery centers to reduced attrition at 12.5%, successful campus hiring drives, increased customer interactions, and employees returning to office premises.
13.04 / 05:13
Citi security WhatsApp wellness Universities testing Colleges NTA declares CUET-PG results, check toppers list here
National Testing Agency (NTA) declaring the CUET PG Result 2024 today, April 13, the agency has released a list of toppers as well. Candidates who have appeared for the Common University Entrance Test (Postgraduate) 2024 can check and download the CUET PG 2024 Result from the official website at pgcuet.samarth.ac.in. The NTA conducted the CUET PG 2024 between March 11 and 28, 2024 via a computer-based test (CBT) in 572 different centres located in 262 cities including nine cities outside India (Manama, Dubai, Kathmandu, Muscat, Riyadh, Ottawa, Abu Dhabi, Vienna, and Qatar) How to check CUET PG Result 2024:
13.04 / 02:41
Assurant social reports testing Department NOT Income-Tax Department clarifies amended India-Mauritius Tax Treaty not yet ratified, notified
Income Tax Department on April 12 said that the amended India-Mauritius protocol on the double taxation avoidance agreement (DTAA) is awaiting ratification and notification by the department, as per a PTI report. On March 7, 2024, India and Mauritius signed an amendment to the DTAA, introducing a principal purpose test (PPT) aimed at curtailing tax avoidance. The PPT ensures that treaty benefits are granted only for transactions with a genuine purpose, addressing concerns over tax avoidance.
12.04 / 22:09
UPS Career wellness Pinnacle testing cricket Sporting Beating India in the World Test Championship was ‘massive’: New Zealand’s Henry Nicholls
Henry Nicholls is quite positive about his chances of regaining a place in the Test side. The 32-year-old from Christchurch was dropped from the Test side for the home series against South Africa earlier this year. He was replaced by young sensation Rachin Ravindra. But he was called back for the following series against Australia and that gave Nicholls the confidence that he was still in the scheme of things for the Black Caps team management. The 56-Test veteran has been an important part of the New Zealand’s Test side since scoring a fifty in his debut match in 2016 against Australia. And he was also a member of the side that won the inaugural World Test Championship, beating India in the Final in Southampton, England, in 2021. He didn’t contribute much with the bat in that match but took a brilliant catch to dismiss dangerous Rishabh Pant in the second innings. Excerpts from his interaction with ET Sport. You were part of the New Zealand side that beat India in the World Test Championships final. How big was the occasion?
12.04 / 19:49
Booking security track reports testing prevention OSFI confirms new limits on banks' mortgages to highly indebted borrowers
Canada’s top banking regulator will begin tracking and limiting how many highly leveraged borrowers banks have on their mortgage books beginning next year.
12.04 / 19:15
IPO Manufacturing wellness Healthcare hospital testing Interviews Neuberg Diagnostics plans to raise $100 million to fund acquisitions
Neuberg Diagnostics is looking to raise $100 million by September, ahead of a planned public listing in two years, chairman GSK Velu said Friday. Neuberg, which runs a pan-India diagnostic chain, has appointed O3 Capital as the investment banker and is currently in talks with potential investors, Velu said in an interview. The Chennai-based company plans to use the fresh capital to expand its radiology business through acquisitions, he said. «Within two years, we want to list the company; we are doing the fundraise for some more M&A ramp up,» said Velu, also a serial entrepreneur having invested in eye care chain Maxivision. He is also the owner of medical equipment manufacturer Trivitron Healthcare and one of the key investors in Kaveri Hospitals. «With the proposed fundraise, we hope that our revenue will double in the next couple of years,» he added.
12.04 / 15:17
CAT Research reports testing medicines rights Colleges What killed their pets? Owners blame meds, but vets aren’t sure
Phil Jordan’s 12-year-old rescue dog Daisy struggled with a stiff right rear hip. When the new arthritis drug Librela became available, Jordan and his wife decided to try it. About two weeks after the first injection in January, however, Daisy wobbled on both hips and limped.
12.04 / 13:55
UPS Waters CEO Sustainability reports testing New tech could boost Hindustan Zinc's metal recovery rate to 98.5%: CEO
Mint. Discharges like jarosite that mostly went to landfills will now generate byproducts that can be used in the fertilizer and paint industries. This can reduce the waste generated by the leading zinc producer.
12.04 / 08:45
Provident Digital WhatsApp country 2020 testing Schools Should investors worry about India-Mauritius tax treaty amendments? Punit Shah answers
«There used to be the provisions like general anti avoidance rules like GAAR, which required the investors like FPIs who are based in Mauritius need to have substance in Mauritius in order to claim the benefit of India-Mauritius tax treaty,» says Punit Shah, Partner, Dhruva Advisors. Let us talk about this treaty and this change that we are making. What is the impact that one should actually expect from this? Is it too much of a worry for investors from Mauritius? Essentially what it says is that India-Mauritius tax treaty was there for several years now. It provides capital gains tax exemption on the equity shares, on derivatives, on debt instruments. The treaty was amended in 2017 where the capital gains exemption on equity shares was taken away and the capital gains exemption on the derivatives and debt instruments did continue.
12.04 / 06:59
markets UPS Universities social testing Fewer people are applying for the CUET-UG this year, but more applicants are opting for 4+ papers
candidates applying for the Common University Entrance Test — Undergraduate (CUET-UG) 2024 has seen a significant drop this year, with a 1.5 lakh decrease in the total number of applicants. Despite this decrease, there has been a rise in the number of subjects opted for. This year, candidates have opted for double the number of tests, with an average of 4.3 subjects chosen per applicant, up from 2.3, the previous year.
12.04 / 06:35
markets FIVE Pool performer testing recommendations rights 81% smallcap mutual funds underperform their benchmarks in 2024 so far
mutual funds have underperformed their respective benchmarks in 2024 so far. There were around 27 smallcap mutual fund schemes in the market. Out of 27 smallcap schemes, 22 schemes have underperformed their respective benchmarks. In other words, only five smallcap schemes managed to outperform their respective benchmarks in 2024 so far. UTI Small Cap Fund, the worst performer in the category, gave 0.54% in 2024 so far against 9.06% by its benchmark (Nifty Smallcap 250 — TRI). Union Small Cap Fund gave 1.64% in 2024 so far.
12.04 / 05:01
markets Strategy wellness Healthcare testing Updates Metropolis Healthcare shares surge over 7.5% to a new 52-week high on strong Q4 business update
Metropolis Healthcare, one of the leading Indian diagnostics companies, spiked 7.54% in today's intraday session to hit a new 52-week high of ₹1,935 apiece after investors reacted positively to the company's Q4 business, which was released on April 10, post-market hours. The company during the fourth quarter of last fiscal year recorded around a 10% YoY increase in overall revenue, alongside 15% YoY growth in revenue for its core business, maintaining a consistent rise in sales volumes across various segments.

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