TheSpuzz Desk

Personal Loan: What happens if you default on your loan EMI payment? | Mint

Personal Loan: What happens if you default on your loan EMI payment? | Mint

Source: Live Mint In today’s fast-paced world, personal loans have become essential financial tools for various needs, from home improvements to medical emergencies. However, the ease of obtaining these loans often overshadows the significant consequences of failing to meet monthly payments, commonly known as EMIs (Equated Monthly Instalments). Defaulting on your EMI obligations can severely…

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LLMs will transform medicine, media and more

LLMs will transform medicine, media and more

Source: Live Mint The AI that is hogging so much of the world’s attention now—and sucking up huge amounts of computing power and electricity—is based on a technique called deep learning. In deep learning linear algebra (specifically, matrix multiplications) and statistics are used to extract, and thus learn, patterns from large datasets during the training…

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Hong Kong Police Take Down  Million Romance Crypto Scam—Here’s How

Hong Kong Police Take Down $46 Million Romance Crypto Scam—Here’s How

Source: Bitcoinist Hong Kong authorities have dismantled a HK$360 million ($46.3 million) cryptocurrency-based romance fraud scheme in a significant crackdown on fraud operations. This scheme, which targeted individuals over a year, reportedly lured victims into investing in cryptocurrencies under the guise of online romantic relationships. Detailing The Scheme And The Seizure The operation, codenamed “Secret Word,”…

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Sebi’s liquidity window: A tailored fix for India’s corporate bond market woes

Sebi’s liquidity window: A tailored fix for India’s corporate bond market woes

Source: Live Mint India’s corporate bond market has long been hamstrung by low liquidity, locking investors into their holdings until maturity and discouraging retail participation. While institutional investors dominate, retail investors—wary of the illiquid secondary market—have stayed on the sidelines. The Securities and Exchange Board of India (Sebi) has unveiled a new liquidity window that…

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Deepak Builders & Engineers IPO: Check out 10 key things to know from RHP before investing | Stock Market News

Deepak Builders & Engineers IPO: Check out 10 key things to know from RHP before investing | Stock Market News

Source: Live Mint Deepak Builders & Engineers India, an engineering and construction company, will commence its maiden share sale for subscription from Monday, October 21, and it will end on October 23. The allocation to anchor investors is scheduled to take place on Friday, October 18. The Punjab-based company has fixed the price range for…

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