TheSpuzz Desk

Explained: How non-resident status is determined under FEMA regulations | Mint

Explained: How non-resident status is determined under FEMA regulations | Mint

Source: Live Mint For non-residents, two sets of legal frameworks apply to them. The first legal framework is provided under the Income Tax Act of 1961, which deals with taxing Non-Residents’ income. The other legal framework is provided under the FEMA (Foreign Exchange Management Act) 1999, which deals with investment avenues available to non-residents and…

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Nasdaq ends down 2.6% as US stocks fall after jobs data | Stock Market News

Nasdaq ends down 2.6% as US stocks fall after jobs data | Stock Market News

Source: Live Mint Wall Street stocks finished decisively lower Friday following weaker than expected US jobs growth that pointed to a slowing economy. The lackluster job growth “played right into the market’s worries about (economic) slowing,” said Briefing.com analyst Patrick O’Hare, who noted that September has been a historically tepid period for equities. After a…

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Google AI robot plays tennis with humans in new research venture: Check what happens next | Mint

Google AI robot plays tennis with humans in new research venture: Check what happens next | Mint

Source: Live Mint Google AI company DeepMind has produced a robot capable of playing table tennis at a near-professional level. The unusual discovery was made during a recent research venture that saw the AI-driven entity successfully take on several skilled human opponents before going down to some advanced players. The DeepMind robot played competitive matches…

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