Over 40 smallcap stocks gain between 10-40% as Sensex logs third straight weekly gain; RailTel among gainers

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Over 40 smallcap stocks gain between 10-40% as Sensex logs third straight weekly gain; RailTel among gainers

On the stock-specific front, RailTel Corporation of India, Data Patterns, Force Motors, Jubilant Industries, Kalyani Steels, Tata Investment, Greenply Industries, Indo Count, Zen Technologies, Newgen Software, Schneider Electric Infra, and others are among the smallcaps that logged a double-digit rise in their share prices last week. Also Read: Dividend Stocks: Marico, Sanofi India, among others … Read more

NEFT hits a new milestone with 4.10 crore transactions in a day: RBI

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NEFT hits a new milestone with 4.10 crore transactions in a day: RBI

NEFT system has achieved a milestone on leap day i.e., on February 29, 2024, by processing 4.10 crore transactions, the highest ever in a day so far. The precise number was 4 crore 10 lakh sixty-one thousand three hundred and thirty-seven, announced Reserve Bank of India (RBI) on Friday. In the past ten years (i.e., … Read more

Nvidia CEO Jensen Huang predicts, ‘Artificial General Intelligence could emerge within 5 years!’

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Nvidia CEO Jensen Huang predicts, ‘Artificial General Intelligence could emerge within 5 years!’

In a recent economic forum held at Stanford University, Nvidia’s Chief Executive, Jensen Huang, sparked discussions by suggesting that artificial general intelligence (AGI) could potentially emerge within the next five years, depending on the definition of the goal. Huang’s remarks come amid Silicon Valley’s persistent pursuit of creating computers capable of human-like thinking. During the … Read more

Budget 2024: Govt seeks to reduce post-harvest losses, improve livestock health

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Budget 2024: Govt seeks to reduce post-harvest losses, improve livestock health

The government intends to bolster agriculture and allied sectors, including food processing, through enhanced private and public investment in post-harvest activities such as aggregation, modern storage, efficient supply chains, and marketing, finance minister Nirmala Sitharaman said while presenting the interim budget for FY25 on Thursday. The minister also said the government will formulate a comprehensive … Read more

Platinum Industries IPO allotment status out. GMP jumps as focus shifts on share listing date

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Platinum Industries IPO allotment status out. GMP jumps as focus shifts on share listing date

Platinum Industries IPO GMP today As mentioned above, Platinum Industries IPO GMP today is 102 per share, which is ₹22 higher than Friday’s GMP of ₹80. Market observers said that the rise in the grey market sentiments can be attributed to the strong response received by the public issue by the primary market investors and … Read more

Laapataa Ladies: 4 money lessons one can learn from this slapstick comedy

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Laapataa Ladies: 4 money lessons one can learn from this slapstick comedy

No heroes beating up a hundred baddies accompanied by ear-drum splitting sound effects, no villains threatening to drop the hero’s parents into a vat of acid, no item song by an A-list movie star who plays sanskari heroine in every movie but secretly wishes she were Helen, no reminiscing over good ole days, no nationalist … Read more

Artificial intelligence for basic work, human intelligence for litigation

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Artificial intelligence for basic work, human intelligence for litigation

MUMBAI : The AI prosecutor or defence attorney isn’t on the horizon, but large Indian law firms are moving rapidly to adopt artificial intelligence to carry out a string of ‘simple’ tasks including research, drafting and client presentations, helping them achieve efficiency and leaving the lawyers to focus on litigation. Those entering the legal profession, … Read more

Budget 2023 vs Interim Budget 2024: A Comparative Analysis

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Budget 2023 vs Interim Budget 2024: A Comparative Analysis

Union Budget 2023 was the last full budget for the NDA government in India. On February 1, Finance Minister Nirmala Sitharaman presented the interim budget 2024 that focused on fiscal consolidation, infra, agri, green growth, and railways. However, no changes were made in the tax rates, which was a disappointment to salaried individuals. The Union … Read more

Dell surges record 25% following an upbeat in IT equipment demand to handle AI boost

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Dell surges record 25% following an upbeat in IT equipment demand to handle AI boost

The shares of Dell Technologies jumped a record 25% on Friday propelled by optimistic projections foreseeing an upswing in the demand for information technology equipment to capitalize on the flourishing artificial intelligence (AI) trend. The market boost will help to add another $17.7 billion to Dell’s market value as it climbed to $118.8 on Friday. … Read more

Kotak Mahindra Bank rolls out Smart Choice Gold Loan; key details here

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Kotak Mahindra Bank rolls out Smart Choice Gold Loan; key details here

Kotak Mahindra Bank has announced the launch of Smart Choice Gold Loan meant for aspirational customers. The private lender — in a statement — said the loan offers five key features and would turn out to be a compelling alternative to conventional credit options.  These key features are: 1) fixed monthly interest rate as low … Read more