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Source: Live Mint A recent report from Elastic, a Search Analytics firm, indicates that 81 per cent of Indian organizations have adopted Generative AI (GenAI), positioning India as a leader in this technological domain. The study anticipates an increase in investments and budget allocations for AI initiatives in the coming years. Reportedly, IT service providers…
Source: Live Mint Zomato share price climbed 2.5 per cent to hit a fresh all-time high of ₹298.05 in intraday trade on BSE on Monday, September 23. The stock finally closed 2.13 per cent higher at ₹296.90, extending gains into the fourth consecutive session. The stock has skyrocketed by an impressive 369 per cent over…
Source: Live Mint I filed my income tax return (ITR) as a non-resident Indian (NRI) and it has been processed. If I want to revise the ITR before 31 December do I need to file an updated ITR? I forgot to show some interest income that is taxable at 12.5% under a double taxation avoidance…
Source: Live Mint The allotment for Paramount Speciality Forgings IPO is expected to be finalized today. Investors can check their allotment status through the registrar, Purva Sharegistry India Pvt Ltd. The IPO, which was opened for subscription from September 17 to September 20, saw a healthy response from investors, being oversubscribed by 73.88 times. Specifically,…
Source: Live Mint Volatility is the lifeblood of financial markets. It creates profit opportunities but is also the source of sleepless nights for many investors. While some thrive on the adrenaline rush of market fluctuations, others shy away, deterred by the potential for losses. However, savvy investors understand that managing risk is equally critical. This…
Source: Live Mint Top Gainers and Losers Today : ### Market Overview The Nifty index concluded the trading session at 25,790.95, reflecting an increase of 0.57%. Throughout the day, the index reached a high of 25,956.0 and a low of 25,847.35. Meanwhile, the Sensex traded within a range of 84,980.53 to 84,607.38, ultimately closing at…
Source: Live Mint Domestic brokerage house Motilal Oswal Financial Services (MOFSL) reaffirmed its ‘buy’ rating on Adani Ports and Special Economic Zone (APSEZ) stock, maintaining a target price of ₹1,850, implying an upside potential of almost 29 per cent. The brokerage cited the company’s strategic positioning and continued investments in port and logistics infrastructure as…
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: Live Mint Many countries “piggyback” onto the visa approval systems of large developed nations, allowing visa-free entry or visas on arrival for Indian travellers holding valid US, UK, Canada, or Schengen visas. If you already possess a residence or even tourist visa issued by the US, UK or Schengen-area country, many third country doors…
Source: Live Mint In case you face some financial difficulty, or have a sudden expenditure lined up, you could – among other things – raise a personal loan from a bank or a non-banking financial corporation (NBFC). Banks, typically, have a well laid-out process of applying for, and disbursing the personal loan. However, there are…
