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Source: Live Mint Brent crude futures have lost nearly 25 per cent year-to-date (YTD) over softer demand and a low-risk premium so far in 2024. At its lowest in the last nine months, the crude oil benchmark declined to a 33-month low at under $70 per barrel due to continued weakness in Chinese economic growth…
Source: Live Mint ArisInfra Solutions IPO: ArisInfra Solutions Limited received the green signal from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company submitted its draft red herring prospectus (DRHP) to the market regulator on August 14, 2024. ArisInfra Solutions Limited is a business-to-business (B2B) firm which…
Source: Venture Beat Hugging Face launches SmolLM2, a new family of compact AI language models that deliver impressive performance on mobile and edge devices, outperforming larger models like Meta’s LLaMA in key benchmarks. Read Full Article
Source: Live Mint Indian stock market frontline indices, Sensex and Nifty 50, are likely to open lower on Tuesday following mixed global market cues amid uncertainty over US Presidential Elections 2024. The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 24,080 level, a…
Source: Live Mint Unlike direct investment in stocks, which involves cumbersome account setups, regulatory complexities, and high costs for Portfolio Investment Scheme (PIS) or Non-PIS demat accounts, mutual funds offer a streamlined and cost-effective alternative. Mutual funds also allow a person to spread risk across market caps, sectors and asset classes, providing NRIs with professionally…
Source: Business Standard Short term bonds are less risky and help banks manage their transient liquidity needs. | Photo: Shutterstock 2 min read Last Updated : Sep 10 2024 | 10:18 PM IST Investors want the government to sell more short-term and green bonds while resuming floating rate bond auctions, six bankers said on…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25615537/ps5propricing.jpeg?w=600&resize=600,400&ssl=1 "Sony’s PS5 Pro is a pricey test of next-gen consoles")
Source: The Verge The PS5 Pro’s announcement yesterday wasn’t a surprise. What was a surprise was the price: at $699.99, it debuts as Sony’s most expensive console ever. It brought back memories of the PS3’s controversial price tag, a console that when adjusted for inflation is the same $779 price point of a PS5 Pro…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25283724/STK048_XBOX_C.jpg?w=600&resize=600,400&ssl=1 "Xbox will sell games directly in the Android app next month")
Source: The Verge Microsoft is planning to update its Xbox mobile app on Android to allow US users to purchase and then play Xbox games on their mobile devices next month. Following a US court ruling earlier this week that forces Google to stop requiring Google Play Billing for apps in the Play Store on…
Source: Bitcoinist The US Securities and Exchange Commission (SEC) has settled with audit firm Prager Metis, which has agreed to pay $1.95 million to resolve misconduct allegations related to its audits of the now-defunct cryptocurrency exchange FTX. $745,000 Over FTX Audit Failures On Tuesday, the SEC announced that Prager Metis and its California affiliate, Prager…
Source: Live Mint Shares of Suzlon Energy, India’s largest renewable energy solutions provider, jumped nearly 4% at ₹73.50 apiece on Tuesday, October 29, as investors responded positively to the company’s September quarter results. The company released its Q2FY25 results during market hours on Monday, delivering a healthy performance, though it came in slightly below analysts’…
