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large language models (LLMs) and artificial intelligence is finding early adoption in the fast-growing wealthtech sector in India. As tech startups in this sector are looking to go beyond robo advisory and algorithm-based trading which have already become the norm, innovative founders are experimenting with advanced AI models like ChatGPT to find better ways of processing market information and servicing clients. “We have built an AI-powered recommendation engine, and it is reaching a level of efficiency where it is possible to provide services through voice-based commands from users. We are incorporating generative AI into various processes, including prospect identification, recommendations, and content dissemination for learning and development for our advisors,” said Manu Awasthy, chief executive officer of Centricity. Centricity will have a 20-member team dedicated to working on various generative AI tools, Awasthy added. Lightspeed India Partners backed Centricity primarily caters to the investment needs of high-net-worth individuals.

Subscribe to enjoy similar stories. Buy or sell stocks today: Indian stock market indices Sensex and Nifty 50 surged over one per cent each to hit fresh record highs in the morning market session on Friday, September 20.

Kamat Hotels (India), the Bombay High Court has directed a clutch of online travel portals including Makemytrip, Goibibo, Booking.com B.V. and Agoda to take down the listings of a company that allegedly infringed the trademark of its brand 'The Orchid'. The BSE-listed hotel chain Kamat Hotels had approached the court against city-based firm Orchid Service Apartment with the argument that the company was infringing its trademark by running a service apartment/hotel and rendering services under the trade mark 'The Orchid'. «The identity/close and deceptive similarity of the rival marks and the services cannot be a mere coincidence,» observed Justice RI Chagla in his order of September 18.

Piyush Goyal will meet Indian and Australian CEOs this week to discuss investment opportunities, during his visit to Australia from September 23-25, the government said Sunday. Goyal will co-chair the 19th India-Australia Joint Ministerial Commission meeting with Don Farrell, Australia's Minister of Trade and Tourism, to be held in Adelaide on September 25. «Commerce minister's visit will add further impetus to the strong and growing trade and investment ties between India and Australia, which have received a boost following finalization of the bilateral Economic Cooperation and Trade Agreement (ECTA),» the commerce and industry ministry said in a statement.

It’s not easy going up against Canada’s banking oligopoly, but some are trying.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

In the race to dominate the Layer-1 blockchain space, Bitgert, Ethereum, and Cardano have emerged as key players, each bringing unique strengths and innovations. While Ethereum remains the industry leader with its extensive dApp ecosystem and robust intelligent contract capabilities, it faces growing competition due to scalability challenges and high gas fees. On the other hand, Cardano continues to build on its reputation for security and academic rigor, offering a more research-driven approach to blockchain development.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

elections in Jammu and Kashmir are pivotal not just for the security and stability of the region, but for the stability of India as a whole. The BJP president also emphasized that Prime Minister Narendra Modi-led government has transformed India's political landscape by rooting out corruption and delivering pro-people governance. «This is not just an election for the BJP or any other party. It is an election for the stability of Jammu and Kashmir and to make India strong. It is not the election to make an MLA. It is not an election to give blessing to J&K. It is to bring Jammu and Kashmir mainstream of development. It will give Jammu and Kashmir stability,» Nadda told a road-show rally in Jammu city this evening.

Commerce and Industry Minister Piyush Goyal will meet Indian and Australian CEOs this week to discuss investment opportunities, an official statement said on Sunday. At the invitation of Don Farrell, the Minister of Trade and Tourism of Australia, Goyal will undertake a visit to Australia from September 23-25. The minister will co-chair the 19th India-Australia Joint Ministerial Commission meeting to be held in Adelaide on September 25, during which both sides will discuss ways to further elevate the bilateral economic engagement. «Commerce minister will interact with leading Australian and Indian CEOs and industry leaders and representatives from Australian pension funds to highlight the vast opportunities for investment in India,» the commerce ministry said.

Economic Framework for Prosperity (IPEF) negotiations have mostly been conducted in secrecy with limited public input and it raises concerns whether the member countries, including India, were able to protect their key interests, think tank Global Trade Research Initiative (GTRI) said Sunday. It cautioned that the commitments related to the effective administration of tax policy might curtail the ability to raise tax revenue. It said in the supply chain pillar, a major issue is whether the agreement might restrict members from trading critical materials, particularly with China as this could pose challenges for Association of SouthEast Asian Nations (Asean) countries, whose largest trading partner is China. “It is hoped that India has negotiated enough flexibility to avoid strict clauses, such as the not to use export restrictions. These are critical during emergencies, as no country can be expected to supply essential goods when facing its own crisis,” GTRI Founder Ajay Srivastava said.

India, were able to protect their key interests, think tank GTRI said on Sunday. The 14-member IPEF bloc was launched jointly by the US and other partner countries of the Indo-Pacific region on May 23, 2022, in Tokyo. Together, they account for 40 per cent of the world's economic output and 28 per cent of trade. The framework is structured around four pillars relating to trade, supply chains, clean economy and fair economy. India has joined all the pillars except the trade. Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, the US, and Vietnam are members of the bloc.

The NSE Nifty 50 added 1.48% to 25,790 and the S&P BSE Sensex gained 1.63% to 84,544, logging record closing highs.

IPO) of Mumbai-based non-banking financial company (NBFC) Manba Finance is set to open for public subscription on September 23 and will close on September 25. Ahead of the issue, the grey market premium (GMP) for Manba Finance was around Rs 55-60, suggesting a 46% premium over the issue price. The price band for the IPO has been fixed at Rs 114-120 a share.

Rohini Nilekani, philanthropist and wife of Infosys co-founder Nandan Nilekani, purchased shares worth Rs 8.55 crore in logistics firm Allcargo Gati via open market transactions on Thursday. Rohini Nilekani's smallcap portfolio acquired 8,13,375 shares, representing a 0.62% stake, at Rs 105.21 per share, according to NSE block deal data.

Subscribe to enjoy similar stories. Passage of time tends to blur memories of historical facts and events from the not-so-distant past.

Subscribe to enjoy similar stories. The US Federal Reserve on Wednesday began its policy easing with a bang. Much of the focus was on its decision to cut interest rates by half a percentage point from a two-decade high.

PSU Banks, ending in the green. Realty, metals, FMCG, private banks and financial services led gains. Analysts believe that strong FII inflows, healthy domestic macros, and easing concerns over the U.S. economy are expected to sustain the positive momentum.

Adani Energy Solutions Ltd, power transmission utility of the Adani group, is valued at USD 18.5 billion at enterprise level and a strong business growth is likely to propel a 29 per cent compounded growth in its pre-tax profits over the next three years, a report said. AESL has a diversified portfolio that includes transmission assets, distribution assets, and a smart metering business. «With an enterprise value of USD 18.5 billion, we believe AESL to be a very attractive way to play the rapidly expanding energy markets in India,» global brokerage Cantor Fitzgerald said, initiating coverage of the company. It believes AESL offers growth unlike any other publicly traded utility/energy company across US, Europe, or Asia. «We forecast total revenue to grow at a CAGR of 20 per cent from FY24 to FY27 and adjusted EBITDA to grow at a CAGR of 28.8 per cent.»

climate change: an emoji depicting a tree without leaves. Approval of the emoji was revealed in an update earlier this year from the Unicode Consortium. The leafless tree — also known as the "dead tree" or «dying tree» emoji — was first pitched in 2022 by Brian Baihaki, who saw a gap in messaging graphics that touch on environmentalism. «Drought is a natural part of the climate cycle… but the climate is changing (and) drought (is becoming) more frequent, severe, and even (spreading) to other places,» Baihaki noted. «Eventually, all the resources that the trees have will be exhausted.»

A major exchange-traded fund and mutual fund manager finds the winning gold trade isn't talked about as much as the artificial intelligence trade — but maybe it should be.