Wellness Financial News

A former OpenAI leader who resigned from the company earlier this week says that product safety has “taken a backseat to shiny products” at the influential artificial intelligence company

British regulators say they don’t need to open a competition investigation into Microsoft’s partnership with French artificial intelligence company Mistral, a month after asking for industry feedback on the deal

₹1,650. The brokerage sees an upside of 47%, and recommends the stock from a long term perspective. Jeena Sikho Lifecare share price has shot up by almost 88% in 2024 thus far.

small savings schemes. These investment instruments can also be referred to as post office savings schemes. Here, we give a lowdown on 13 small savings schemes in which investors can invest to earn anywhere between 4 percent to 8.2 percent per annum.

Pradeep Simha, Hyderabad, Telangana The Nifty MidSmallcap400 Momentum Quality 100 Index, is a strategic index that has been designed to track the performance of stocks that exhibit both momentum and quality characteristics. The Nifty MidSmallcap400 Momentum Quality 100 Index is a subset of the Nifty MidSmallcap 400 Index, which includes mid and small-cap stocks.

I sold urban land and deposited the money in the Capital Gains Account Scheme before the due date for filing the ITR. In the current year, I have sold another urban land. I wish to invest the money, as well as the money lying in the capital gains account, in a residential house in the current year. Can I claim an exemption under section 54F? Section 54F provides an exemption for long-term capital gains on the sale of any capital assets other than a residential house if the assessee invests the sale proceeds of the capital asset for buying or constructing a residential house within the prescribed period.

A few months ago, Prabhuti Desai, an performing artist based in Bardoli, Gujarat, was driven to her wits’ end by Lock Me Out, an app that promised to help her focus. She was deep in the middle of drafting an idea for a project, when she had to check something on Instagram. She tapped the Instagram icon on her phone, but a pop-up—from Lock Me Out—asked her to pay Rs180.

retirement planning have changed. It is old-fashioned to seek pension from the government and live an entitled life. Many investors prefer to take matters into their own hands.

stock market has dissipated. In the past three weeks, India VIX, a widely tracked fear gauge measuring the expected volatility in the stock market, has shot up from 10.15 on 23 April to 20.6 on 13 May. The heightened volatility stems from concerns over lower voter turnout in the ongoing general elections, potentially indicating an unfavourable verdict for the ruling party. Is this market nervousness a sign of future trends or a temporary blip before equities resume their upward journey? Election season casts clouds Elections introduce uncertainty in the stock market. This time, the market’s confidence, in what seemed like an inevitable outcome, is being tested. According to initial estimates, the first four phases of the marathon seven-phase Lok Sabha elections have recorded a lower voter turn than the corresponding period in the 2019 general elections. Low voter participation is being perceived as harmful to the reelection prospects of the Narendra Modi government. The concern is that voter disengagement could potentially weaken the ruling party’s numbers, undermining policy continuity and political stability, which the market favours. Volatility has shot up

— Nitin Sreedhar It has always been deodorant sprays for me unless I am travelling, when I switch to deo sticks, and so, I never got the idea of a deodorant cream. I wasn’t really sure of how a cream could have you smelling nice for long. Well, it just took a dab of the Bare Bar deodorant I was gifted recently to make me an instant convert.

Rajasthan Royals (RR) and Kolkata Knight Riders (KKR) at Guwahati was called off due to rain on Sunday, with both teams getting one point each. With one more point in their kitty, KKR remains at the top with nine wins, three losses and two no results. They have a total of 20 points. RR is at the third spot, with eight wins, five losses and one no result. They have a total of 17 points. With this, the playoff match-ups have been decided as well. KKR will take on second-placed Sunrisers Hyderabad in the first qualifier at Ahmedabad's Narendra Modi Stadium on May 21.

Inditex, the owner of fashion brand Zara, saw its slowest ever sales growth in India, excluding the pandemic year, in FY24 as the world's largest fashion group faced rising competition from global rivals in the clothing market that is increasingly getting cluttered. Inditex Trent, its joint venture with Tata that runs 23 of Zara stores in India, saw revenue rise 8% to Rs 2,775 crore last fiscal, significantly down from 40% growth a year ago, according to Trent's annual report. Net profit was down too at Rs 244 crore, an 8% drop. Zara has been a runaway success since its arrival in the country more than a decade ago but after initially doubling sales every two years, the brand's rate of expansion had come down in the past few years. «The market is very competitive, and the challenges are real. Nevertheless, the opportunity pool and the size of the market means that there is space for multiple successful players. Trent remains well placed to navigate this next phase of growth by leveraging our platform and growth engines,» P Venkatesalu, chief executive officer at Trent, said in the report.

KKR is looking to acquire a minority stake in the Tandon Group-owned healthcare BPO Infinx Healthcare. The global private equity major is likely to invest about $150 million, or Rs 1,250 crore, to acquire about 26% stake in Infinx, two people aware of the development told ET. «We expect this sector (healthcare BPO) to continue growing in India, driven by global demand, and believe that Infinx is well placed to meet this gap through its tech-enabled solutions,» Akshay Tanna, partner and head of India private equity at KKR, told ET. «We will draw on our local knowledge and healthcare expertise to support Infinx's growth and build a healthcare platform, including through organic and inorganic growth strategies.»

government panel has held that companies knowingly violated Faster Adoption & Manufacturing of Electric Vehicles (FAME) subsidy scheme guidelines that were 'very clear', officials said. The report, submitted by the panel earlier this month, counters findings of an earlier probe by a joint secretary in the Ministry of Heavy Industries (MHI) that said some key terms in the FAME were not clearly defined. The December 2023 report by the joint secretary was not accepted by the Centre, which ordered a fresh probe in February.

Indian Meteorological Department said on Sunday that heatwave conditions are likely to prevail in parts of Gujarat, including Ahmedabad and Gandhinagar, over the next five days, cautioning people against exposure to the sun. Isolated pockets in the districts of Saurashtra-Kutch, Banaskantha and Valsad experienced heatwave conditions on Sunday, the IMD said in its latest bulletin for Gujarat. A similar situation is likely to be seen in the districts of Saurashtra-Kutch as well as Ahmedabad, Gandhinagar, Anand, Banaskantha and Valsad till Friday morning, it said. These regions will witness a high temperature with an increased likelihood of heat illness symptoms in people exposed to sun or engaged in heavy work, the weather bureau said.

Patanjali found itself under the scanner of regulatory bodies and Supreme Court in the context of dodgy advertising practices. Welcome as this development was, the ayurvedic major is hardly alone in stretching the truth when it comes to advertising. While regulatory authorities must ensure that advertising adheres to ethical standards and doesn't mislead consumers, such scrutiny should be applied across the board. Every label coming out from FMCG, nutraceutical, cosmetic, pharmaceutical and wellness sectors must be properly checked by regulators. In this context, Supreme Court rightly pulled up the Indian Medical Association (IMA) last week for not taking action against Patanjali on complaints for the company's alleged 'misleading' claims and 'disparaging' ads against the allopathic system of medicine. Regulatory bodies should ensure that consumer goods are not allowed to introduce or sell their products in the market where the consumer assumes that products match what they are sold as — and, more importantly, that they are not sold as what they are not, especially by making disparaging comparisons.

RBSE Class 10th, 12th Result 2024: The Rajasthan Board of Secondary Education (RBSE) will likely declare the results of the Class 10 and 12 Board exams on Monday (May 20) at rajeduboard.rajasthan.gov.in. However, RBSE has not officially confirmed the date and time of the board results. The Rajasthan Board will hold a press conference to announce the results of both classes.

Sunrisers Hyderabad crushed Punjab Kings by four wickets to end the league phase of the Indian Premier League with 17 points here on Sunday. Chasing 215, SRH overhauled the target with five balls to spare after opener Abhishek Sharma hammered a 28-ball 66 (6x6s, 5x4s). SRH were also bolstered by contributions from Rahul Tripathi (33), Nitish Reddy (37) and Heinrich Klaasen (42) along the way. Earlier in the contest, Punjab Kings were helped by Prabhsimran Singh's quick fire 71 as well as useful contributions from opener Atharva Taide (46) and Rilee Rossouw (49) to post 214/5 on board.

State Bank of India chief–and Mohandas Pai–previously CFO at Infosys– will not be renewing their contract to be part of Byju's board advisory council, sources familiar with the matter said. This adds to the series of troubles the edtech firm finds itself in since last year. Pai and Kumar’s contract ends on June 30 and they are not renewing the contract, people briefed on the matter said. Both Pai and Kumar joined the advisory council following Byju's investors–Peak XV Partners, Prosus and Chan Zuckerberg Initiative–leaving the board of the company last year.

full moon of 2024, known as the "Flower Moon," will illuminate the evening skies this week, rising in the east as the sun sets in the west. This celestial event also referred to as the "Milk Moon" or "Hare Moon," promises to be a stunning sight. Adding to the spectacle, the moon will appear near the red supergiant star Antares in the constellation Scorpius. Here’s everything you need to know to catch this enchanting lunar display at its best from your location.

Artificial intelligence built on mountains of potentially biased information has created a real risk of automating discrimination, but is there any way to re-educate the machines? The question for some is extremely urgent. In this ChatGPT era, AI will generate more and more decisions for health care providers, bank lenders or lawyers, using whatever was scoured from the internet as source material.