A new study by AI firm Anthropic reveals that while AI hasn't caused widespread unemployment, it has slowed hiring for younger workers in AI-exposed roles. The study also highlights the gap between AI's theoretical capabilities and actual deployment, and the ongoing conflict between Anthropic and the US government over AI weaponisation.
United States President Donald Trump on Friday announced that his administration will impose a 100 per cent tariff on branded and patented pharmaceutical products beginning October 1, 2025, unless the manufacturing companies are building production facilities in the US.
The Reserve Bank of India on Friday permitted banks to increase charges on ATM cash withdrawals beyond the mandatory free monthly usage by Rs 2 to Rs 23 per transaction from May 1.
Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures
Fundraising by Indian corporates through equity and debt reached all-time high in the calendar year 2024, according to primedatabase.com. The overall public equity fundraising stood at Rs 3.7 trillion in 2024, a rise of 159 per cent from Rs 1.4 trillion in 2023. If Rights Issues of Rs 25,973 crore were to be added, the overall equity fundraising would touch nearly Rs 4 trillion in 2024.
As regards mid-caps and small-caps, analysts suggest investors buy only those stocks of those companies where there is earnings visibility for at least a few quarters and where the valuations have become reasonable.
Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the financial year 2023-24 (FY24). During the period, 76 Indian corporates raised Rs 61,915 crore through main board IPOs, compared to Rs 52,116 crore mobilised by 37 IPOs in 2022-23, as disclosed by PRIME Database. However, if one excludes the mega Life Insurance Corporation (LIC) IPO, which came out in 2022-23, IPO mobilisation increased by 58 per cent from last year.
Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the financial year 2023-24 (FY24). During the period, 76 Indian corporates raised Rs 61,915 crore through main board IPOs, compared to Rs 52,116 crore mobilised by 37 IPOs in 2022-23, as disclosed by PRIME Database. However, if one excludes the mega Life Insurance Corporation (LIC) IPO, which came out in 2022-23, IPO mobilisation increased by 58 per cent from last year.
A controversy has erupted over namaaz allegedly being offered during a cultural event at a private school in Hathras district of Uttar Pradesh, a claim rejected by officials.
India on Thursday announced temporarily suspending issuance of visas to Canadian citizens in view of "security threats" faced by its high commission and consulates in Canada, amid an escalating diplomatic row over Ottawa's allegations relating to the killing of a Khalistani separatist on Canadian soil.
Bommarabettu Laxmijanardhana Santhosh is the only south Indian and the Rashtriya Swayamsevak Sangh's representative in the BJP's senior decision-making hierarchy.
Cox & Kings Global Services (formerly known as Quoprro Global Services) was incorporated in 2008.
About 70 Indian passports have reportedly been stolen from BLS International, a private company in San Francisco, to which the Indian consulate has outsourced various visa and passport related services.
Any one over the age of 40 complaining of sudden onset of chest pain, breathlessness, uneasiness, palpitations could be having a heart attack, says Dr Aparna Jaiswal.
Unsatisfied with BLS International Services, a visa outsourcing company, the Indian Embassy in the United States has announced for a new bid on February 5.
Mahatma Gandhi Mission's Law College opens admissions to its five-year (BLS) and three-year law (LLB) courses.
December and January can bring a blizzard of pink slips.
Small employers are creating jobs at a breakneck pace. Here are the industries they're influencing, and the opportunities that lie within them.
All we want from the government is to give us visa and they can't even deliver that, says Inder Singh, chairman of Global Organisation of People of Indian Origin International
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decoration, textiles, engineering goods, gems and jewellery. Several of these persons and their companies are said to be based in Kolkata, Gujarat, Bengaluru, Delhi and Mumbai.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
A group of community leaders met Dr Devyani Khobragade on Monday at the Indian consulate in New York and offered the support of the people.
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