Maruti Suzuki's Swift hatchback has surpassed 3 million sales in India, marking a significant milestone. Celebrated for its exceptional driving experience and sporty design, the Swift has cultivated a passionate community of "Swifters." Launched in 2005, the Swift continues to evolve, embodying cutting-edge technology and style, with over 6.5 million global sales.
The budget, facing opposition, sets growth targets and tax revenue goals while addressing concerns about IMF loans and tax exemptions to aid economic growth.
GPT-4 will help align with AI systems, through reinforcement learning from human feedback (RLHF), which helps make responses from large language models more accurate. OpenAI said that with ChatGPT becoming more accurate and errors more subtle, a model like CriticGPT became necessary to find inaccuracies.
The 52-week high metric plays a vital role in evaluating a stock's present worth and forecasting potential future price movements.
In May 2024, the Reserve Bank of India reported a marginal decline in weighted average lending rates on fresh loans and deposits by 16 and one basis points, respectively. The WALR on fresh rupee loans fell to 9.39%, while the WADTDR on fresh term deposits dropped to 6.47%.
First Lady Jill Biden helped her husband off stage after his debate with Donald Trump. The first debate ended on an embarrassing note for the incumbent president who appeared to be under-confident and was found to be completely unprepared for the debate. The First Lady exhibited confidence and praised her husband’s performance during the debate.
Vodafone Idea has launched new plans for prepaid and postpaid customers starting July 4, 2024, following Jio and Airtel's footsteps. The changes are minimal, aligning higher prices with increased usage, and Vi aims to provide simple, comprehensive plans.
Centre to issue T-bills worth Rs 2.60 lakh crore in Q2. In an indicative calendar released by the RBI on Friday, the central bank announced 13 sets of auctions in July-September through which states plan to sell bonds and raise funds.
Centre to issue T-bills worth Rs 2.60 lakh crore in Q2. In an indicative calendar released by the RBI on Friday, the central bank announced 13 sets of auctions in July-September through which states plan to sell bonds and raise funds.
The panel approved the proposal of HPCL Renewable & Green Energy Ltd to set up a 48-MW wind energy project at Umerkote in Nabarangpur district, while ONGC Tripura Power Company Ltd got the go-ahead to develop a 49.5-MW wind energy project in Astaranga in Puri district, the statement said.
Nike shares slumped 18.6% in early trade on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the pace of the sportswear giant's efforts to stem market share losses to upstart brands such as On and Hoka.
Funds raised through infrastructure bonds, which have a minimum maturity of 7 years, are exempted from the maintenance of Statutory Liquidity Ratio and Cash Reserve Ratio.
Finance Minister Ajit Pawar presented Maharashtra's budget for 2024-25, highlighting key initiatives including the extension of a Rs 5 per litre subsidy for milk producers and plans to establish 18 new medical colleges. This budget, the last before assembly elections, also focuses on agricultural infrastructure, women's empowerment, and healthcare expansion across the state.
India has been given a good FATF rating, allowing domestic companies to access overseas investments without extensive background checks and enhanced due diligence processes. The Financial Action Task Force (FATF) praised India for its high level of technical compliance and its efforts in anti-money laundering and countering terror financing.
The CBI arrested individuals and questioned candidates linked to the NEET-UG paper leak case, following a referral from the Union Education Ministry after demands from protesting students. Investigations by the agency span multiple states, including Bihar, Gujarat, and Rajasthan, in connection with the alleged irregularities during the exam conducted by NTA.
Following the increase in tariffs, the stock of Reliance Industries rose by 2.3% on Friday to close at Rs 3,131.9. On the other hand, stocks of Bharti Airtel and VIL were under pressure, falling by 1.8% to Rs 1,445.4 and by 3.4% to Rs 17.9 in that order amid profit booking after a recent surge in their prices.
Amid torrential rainfall in Delhi, the collapse of Terminal 1 at the Indira Gandhi International Airport has not only resulted in tragic loss of life but also reignited a heated blame game between the Modi government and opposition parties. This incident underscores longstanding concerns over the city's infrastructure resilience during monsoon seasons, raising questions about drainage systems and maintenance practices at one of India's busiest airports.
Parliamentary Affairs Minister Kiren Rijiju initiated the reconstitution of parliamentary panels, moving motions to set up the Public Accounts and Estimates committees. The Public Accounts Committee, chaired by an opposition member, monitors government expenditure, while the Estimates Committee suggests policy alternatives for administrative efficiency and economy.
The Reserve Bank of India reported that bank lending to the retail sector moderated for the tenth consecutive month in May, reaching 17.8% from 19.1% a year ago. Corporate loans grew faster at 8.9% compared to 6% in May 2023. Non-food bank credit saw a 16.2% growth in May 2024 compared to 15.5% a year ago.
Efficiently managing coal blending requirements and supply logistics is crucial for meeting peak power demand. Maintaining a balance between coal receipt and consumption at domestic coal-based plants is essential for uninterrupted power generation across the country.
The U.S. dollar fell against the yen on Friday after data showed inflation in the world's largest economy cooled down last month, cementing expectations that the Federal Reserve will start cutting interest rates this year.
The fundraise was done by startups in the early and late stages across 85 rounds, said private market intelligence platform Tracxn.
'House of the Dragon' has raised interest in the world of 'Game of Thrones.' 'Game of Thrones' highlights the connections between the two series by referencing this prequel through a variety of characters and events.
India's fight against money laundering and terror financing receives recognition and constructive feedback from the FATF. With continued efforts and improvements in supervision, India aims to strengthen its position and compliance on the global stage, fostering economic stability and integrity.