This article seeks to demystify the intricacies of Power of Attorney (PoA), exploring its various types, precautions to take, and more. Whether you’re a seasoned investor or a newcomer to the stock market, this guide aims to provide you with the insights needed to make informed decisions. First let’s understand, what is a Power of … Read more
Open AI CEO Sam Altman has given his first reaction to Elon Musk’s lawsuit against the artificial intelligence startup. Altman, who was part of OpenAI’s founding team, said he texted the Tesla CEO when he heard about Musk’s lawsuit against OpenAI. Journalist Kara Swisher had asked Altman what he had texted Musk upon knowing about … Read more
Promoter buying usually indicates that the company may be undervalued or that promoters know something big is going to happen, so they lap up shares beforehand. It means that the promoters, who built the company from the ground up, are once again putting their money on the line. It’s a huge vote of confidence! Indian … Read more
ITR filing: When filing your income tax return (ITR), it’s important to pick an investment plan that can save you money on taxes. So, while aiming for investment returns, don’t forget about potential tax savings. Understanding the tax implications of stock market investments is crucial for optimising returns. According to experts, individuals investing in the … Read more
OpenAI’s much-anticipated text-to-video generation tool, Sora, has been creating waves in the tech world ever since its announcement by CEO Sam Altman last month. The tool, which boasts groundbreaking capabilities, has captivated social media users with its ability to generate videos from text prompts. Sam Altman’s announcement of Sora came alongside an invitation to followers … Read more
New Delhi: The budgetary allocation for the Indian Railways is expected to hit record levels as the government gears up to support a major makeover for the national transporter with the addition of modern and faster trains, and improved safety features. Capital expenditure for the railways is likely to be increased by about 25% of … Read more
US equities slid on Thursday after hotter-than-expected producer prices data. At 10:01 a.m. ET, the Dow Jones Industrial Average was down 168.41 points, or 0.43 per cent, at 38,874.91, the S&P 500 was down 26.56 points, or 0.51 per cent, at 5,138.75, and the Nasdaq Composite was down 96.03 points, or 0.59 per cent, at … Read more
The suitability of an annual percentage rate (APR) for a personal loan varies based on several factors but typically ranges between 6% and 12%. Here’s a breakdown to assist you in gauging what constitutes a favourable APR for your circumstances: National average: As of February 28, 2024, the average APR for a personal loan in … Read more
Google CEO Sundar Pichai faced some intense backlash in the past few days over the inaccuracies in its artificial intelligence Gemini image generator. But, his close rival Microsoft doesn’t seem to doubt the ability of the tech giant in the AI space. In a latest podcast Microsoft CEO, Satya Nadella said that Google “should have … Read more
Budget 2024 Expectations Highlights: On February 1, 2024, Finance Minister Nirmala Sitharaman is set to present the final Budget under the current Narendra Modi government. Given that this Budget is ahead of the Lok Sabha elections year, it is expected to be an Interim Budget or a Vote on Account. The key question looms: will … Read more