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Source: Live Mint FPIs net invested ₹57,359 crore in September, the most since ₹66,135 crore in December last year, shows National Securities Depository Ltd (NSDL) data. September has recorded the fourth-largest FPI net inflows to date, aided partly by global index provider FTSE’s semi-annual rebalancing, which resulted in around ₹7,000-10,000 crore inflows this month, thanks…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 9:28 PM IST Indian investors are paying hefty premiums to invest in China markets, with stocks there posting their biggest weekly gain in nearly 16 years. Click here to connect with us on WhatsApp Savvy investors were seen making a…
Source: Live Mint No one doubts that artificial intelligence (AI) will change the world. But a doctrinal dispute continues to rage over the design of AI models, namely whether the software should be “closed-source” or “open-source”—in other words, whether code is proprietary, or public and open to modification by anyone. Some argue that open-source AI…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Sep 27 2024 | 12:10 PM IST Primary market, it seems, is not only luring investors back home but also globally. A recent report by GlobalData, a London-based data analytics firm suggests that 822 Initial Public Offers (IPO) aimed to raise $65…
Source: Business Standard Sensex, Nifty fly high: Benchmark indices – Sensex and Nifty 50 – witnessed a strong rally on Friday, September 20, 2024 on the back of a 50 bps rate cut by the Federal Reserve on September 18. The Sensex rallied 1,509.6 points intraday, hitting a fresh record high of 84,694.5 levels….
Source: Live Mint Large language models have a keen appetite for electricity. The energy used to train OpenAI’s gpt-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one estimate, today’s biggest models cost $100m to train; the next generation could cost $1bn, and the…
Source: Business Standard India’s overtaking of China in key global gauges will likely usher in a bigger influx of foreign flows. Image: Bloomberg 3 min read Last Updated : Sep 19 2024 | 11:46 AM IST By John Cheng and Abhishek Vishnoi India’s overtaking of China in key global gauges will likely usher in a…
Source: Live Mint As geopolitical tensions escalate and stock market valuations reach lofty heights, global markets face an unsettling combination of risks. But India, buoyed by its robust growth engines, appears better positioned to weather the storm, according to Christopher Wood, global head of equity strategy at investment bank Jefferies. Speaking to a select group…
Source: Business Standard China’s weight on the index had peaked in early 2021 | File image 2 min read Last Updated : Sep 18 2024 | 11:32 AM IST India has overtaken China for the first time ever in a key MSCI equities index, bolstered by steady economic growth and strong flows. …
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 10:13 PM IST Bloomberg News The size of the Federal Reserve’s interest rate cut this week won’t be a game changer for global investors, though risks from China’s slowdown continue to weigh on their minds, according to participants at…
