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Also read | RBI, Sebi monitoring high volumes in F&O market In the years since the covid-19 pandemic, India’s growth trajectory is seen to be shifting upwards from the 2003-19 average of 7% to the 2021-24 average of 8% or even more, powered by domestic drivers, the article said. “More recent indicators suggest that private consumption is resuming its role as the main driver of demand and is getting broad-based to include rural consumers," it said, adding that the fast-moving consumer goods (FMCG) sector is gearing up for a strong turnaround on expectations of a pick-up in public welfare spending.

Perplexity is a fascinating AI application. But some aspects of the app seem worrying. It takes a Wikipedia-like approach to news: it parses through verified news sources and compiles the information in an easy-to-understand format with all the key facts. It also allows you to ask questions, answers to which it creates on the fly, based, once again, on sources. A recent Forbes article calls Perplexity's aggregation and generation a 'cynical theft'. It had taken its work, without permission, and republished it as though it were itself 'a media outlet'. AI summaries, including Google's feature, pose some key challenges for society and news publishers. For starters, they have issues with accuracy. Unlike Wikipedia, they don't have human oversight or verification, and can pick up unreliable or unverified information from articles as facts. A user who doesn't know better, or can't easily spot issues, may accept it as news.

Manipur Governor Anusuiya Uikey said that she had informed the Finance Minister about the economic condition in the state and requested financial assistance. Representatives of INDIA bloc comprising of ten political party leaders called on Governor at Raj Bhavan and requested to take steps to solve the ongoing impasse in the State. The political delegation led by Okram Ibobi Singh, CLP Leader and former CM of Manipur along with M. Nara of CPI submitted a memorandum to the Governor demanding for an early amicable solution to the crisis.

₹30,999, this smartphone promises flagship-level performance. It boasts the latest Snapdragon 7+ Gen 3 processor, a curved AMOLED display, and a substantial battery. Additionally, Realme has highlighted the incorporation of AI features, aligning with the current trend in the tech industry.

Life Ko Banao Rich. It wasn’t a phoenix, but observers could be forgiven for thinking so, given how the lender had risen from the ashes of its earlier mismanagement. This rebranding followed almost two years of discussions by the board of Yes Bank, now under the aegis of State Bank of India (SBI).

Indian stock market: The Indian stock market benchmark index Nifty 50 ended its five-session winning streak on Wednesday, June 19, due to profit-taking at higher levels.The Nifty 50 reached a new peak of 23,664 during the session but retreated from those levels to close down 42 points, or 0.18%, at 23,516. During the session, the 30-share Sensex reached a new peak of 77,851.63 but closed with a modest increase of 36 points, or 0.05%, settling at 77,337.59, with 20 stocks closing lower.“Nifty started the week with a positive gap and traded in a range throughout the session amid positive bias.

NEW DELHI:The Employees’ State Insurance Corporation (ESIC) added 1.64 million new members in April, payroll data released on Wednesday said.The ministry of labour and employment, which released the data, said that of the new additions, 784,000 were young employees under the age of 25.The month also saw the inclusion of around 18,490 new establishments under the ESIC's social security scheme, expanding coverage to more workers.A gender analysis of the payroll data revealed that women accounted for 338,000 of the net enrolments in April, with 53 transgender employees also registering under ESI.Read Also: India's employment challenge: 20 million jobs need to be created each year"Through the data, it is noticeable that more jobs have been generated for the youth of the nation as out of the total 1.64 million employees added during the month, 784,000 employees amounting to around 47.60% of the total registrations belong to the age group of up to 25 years," the labour ministry said.Also Read: ESIC adds 1.59 mn new employees in November"Also, the gender-wise analysis of the payroll data indicates that the net enrolment of female members was 338,000 in April 2024.

Uddhav Thackeray, the leader of the Shiv Sena (UBT) faction, has firmly asserted that he will never align with the Bharatiya Janata Party (BJP), the party that attempted to "finish off" his Shiv Sena. His remarks came during the 58th foundation day celebrations of Shiv Sena, putting to rest speculations of a potential alliance with the BJP ahead of the Maharashtra Assembly Elections later this year.The Bharatiya Janata Party (BJP) leaders had taken a dig at the INDIA bloc's Lok Sabha election performance in Maharashtra.

salary hike of 50 per cent, CM and ministers will see increases of about 25 per cent and 31 per cent, respectively. The approval was granted during a cabinet meeting chaired by Chief Minister Champai Soren. Cabinet Secretary Vandana Dadel confirmed the approval, stating, «The cabinet has approved the hike in salaries, allowances, and other perks for legislators, ministers, the Speaker, Leader of Opposition, Chief Minister, and Assembly officials.» The basic salary of the CM has been increased from Rs 80,000 per month to Rs 1 lakh. Ministers' salaries have been raised from Rs 65,000 to Rs 85,000, and legislators' pay from Rs 40,000 to Rs 60,000.

orange paint on Stonehenge, the prehistoric megalithic structure on Salisbury Plain in Wiltshire, England. In a video going viral on social media platforms, two people wearing white shirts with Just Stop Oil on can be seen running up to the monoliths with canisters spraying paint. People present there tried to stop those activists by dragging them away. This is significant because the act of vandalism has taken place just a few days ahead of the summer solstice. Some of the stones, dating back to neolithic period, were seen covered in orange paint. One of the protesters sat on the grass and the other was detained by a member of the public.

Container Port Performance Index (CPPI), developed by World Bank and S&P Global Market Intelligence, measures the resilience, efficiency and overall performance of the Ports. While Visakhapatnam Port made it to the top 20 ports of the World at 19 in 2023, Mundra Port also climbed up the index at 27 in the current ranking. According to the statement, Visakhapatnam Port has showcased strong performance with 27.5 moves per crane hour, a turnaround time (TRT) of 21.4 hours, and minimal berth idle time. These metrics highlight the port's efficiency in handling container ships and significantly influence customer preference.

York Regional Police say a six-year-old boy was struck and killed by a school bus picking up children for school in Kleinburg, Ont., on Wednesday morning.

India's health system preparedness and capacity to respond to future pandemics. The Strengthened and Measurable Actions for Resilient and Transformative Health Systems will support the government's National Health Policy 2017, which aims to provide quality health care services to all, ADB said in a statement. This policy-based loan will help fill the gaps in policy, legislative, and institutional governance and structures and contribute to India's goal of providing universal access to quality and affordable healthcare services to strengthen pandemic preparedness and response, it said. The programme will strengthen disease surveillance systems to effectively respond to public health threats, it said.

monetised assets worth Rs 1.56 lakh crore in 2023-24 as against the target of Rs 1.8 lakh crore under the National Monetisation Pipeline (NMP), taking the total monetisation to Rs 3.85 lakh crore in three years since the launch of the programme in 2020-21, NITI Aayog said on Wednesday. Under the NMP, the government had envisaged monetising assets worth Rs 6 lakh crore during the four year period from 2021-22 to 2024-25. Cumulative monetisation in 2021-22 and 2022-23 stood at Rs 2.30 lakh crore as against the target of Rs 2.5 lakh crore. According to the Aayog, the ministry of road transport and highways and the ministry of coal were the top two achievers with a total monetisation receipts of Rs 97,000 crore.

licence of The City Co-operative Bank, Maharashtra for lacking adequate capital and earning prospects. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been asked to issue an order for winding up the bank and appoint a liquidator, RBI said. According to RBI, the cooperative bank ceases to carry on banking operations with effect from the close of business hours on June 19, 2024. On liquidation, every depositor would be entitled to receive deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh only from Deposit Insurance and Credit Guarantee Corporation (DICGC).

ice cream brand Go Zero has raised $1.5 million from existing investors DSG Consumer Partners, Saama Capital and V3 Investors. The funds will be used to boost growth in the quick commerce and ecommerce sectors, as well as to expand operations into tier-I cities like Jaipur, Chandigarh, and Ahmedabad.

Semiconductor companies in India are accelerating their focus on campus engagement and building up fresh talent, even as the industry struggles with a lack of skilled professionals. Companies like Intel India, AMD, Applied Materials and Tessolve are teaming up students and employees to work on real-life projects, establishing labs in institutes like IIT-Bombay, driving industry-academia partnerships to conduct research in core design and AI training and sponsoring students pursuing research. Last month, AMD India launched a summer scholar programme for engineering graduates, under which 14 students from the Indian Institute of Science and the IITs of Madras, Bombay, Hyderabad, Kharagpur and Delhi are undergoing a 6-to-8-week residency programme at the company’s India R&D centres.

Axis Bank on Wednesday increased its holding in Max Life to 19.99 per cent for Rs 336 crore. The acquisitions, divestments and merger Committee of the board of directors of the bank at its meeting held on June 19, 2024, has approved a proposal for acquisition of additional equity shares of Max Life by the bank for an amount of up to Rs 336 crore, Axis Bank said in a regulatory filing. With this, the aggregate shareholding of Axis Entities increased from 19.02 per cent to 19.99 per cent, it said.

Formal job creation under the Employees’ State Insurance Corporation (ESIC) fell by 7.8% to 1.64 million in April 2024 as against 1.78 million in the corresponding month last year, shows the provisional payroll data released by the ministry of labour and employment on Wednesday. As per the data, around 18,490 new establishments have been brought under the social security ambit of the ESI Scheme in the month of April, 2024 thus ensuring social security to more workers. “Out of the total 1.64 million employees added during the month, 0.78 million employees or 47.6% of the total employees added to ESIC were up to 25 years of age, suggesting more jobs have been generated for the youth of the nation,” it said in a statement.

Bank of Maharashtra is likely to raise up to Rs 1,000 crore through the issuance of 10-year tier-II bonds at the end of June as the state-owned lender looks to garner long-term funds at a time when credit growth is stronger than deposit growth. The bank’s bond issuance is likely to have a base size of Rs 250 crore and a greenshoe option worth Rs 750 crore, market sources said.

Criminal Minds: Evolution continues to captivate fans with its revival on Paramount+, led by Emily Prentiss and her BAU team. Amidst the intrigue of the Gold Star mystery and the pursuit of Elias Voit, fans are eager for the potential return of beloved characters Spencer Reid and Derek Morgan. Showrunner Erica Messer sheds light on the possibility, revealing a specific condition under which their comeback could happen.