Economic Survey and Union Budget 2024 — What is the importance, differences & more explained

Economic Survey and Union Budget 2024 — What is the importance, differences & more explained

Economic Survey and Union Budget 2024: Finance Minister Nirmala Sitharaman is set to announce the government’s Union Budget 2024 next week, on July 23. This is her sixth full Budget and comes after the NDA coalition won majority in the 2024 Lok Sabha Elections which concluded in June. Final stages of preparation for the Budget … Read more

How this dentist is saving for his retirement and his son’s education

How this dentist is saving for his retirement and his son’s education

Das started his financial planning journey in 2020, but he was not a first-time investor. “I had made my first mutual fund investment in 2012 and kept making investments here and there, even in some stocks. However, I had to withdraw nearly all my investments in 2016 to cover my wife’s medical emergency and make … Read more

Tweaking political content with AI? Govt, Big Tech are watching

Tweaking political content with AI? Govt, Big Tech are watching

Union IT minister Vaishnaw confirmed the meetings, in response to Mint’s queries. Since participating in these meetings, Google and Meta have both published notes on tackling AI-altered content and advertisements on intermediary, search and conversational AI platforms, which include ChatGPT, Facebook, Gemini, Google Search, Instagram, WhatsApp and YouTube, among others. Each of these firms were … Read more

Industry welcomes govt’s move to amend GenAI advisory

Industry welcomes govt's move to amend GenAI advisory

NEW DELHI : The government’s move to amend its 1 March advisory mandating companies developing GenAI- and AI-based tools and features to take explicit government consent before releasing them in the market was welcomed by industry players, as they wouldn’t now need to take any permissions. The amended advisory was issued on 15 March, which … Read more

Govt eyes ₹95,000 crore investment, 2.25 million jobs in textiles

Govt eyes ₹95,000 crore investment, 2.25 million jobs in textiles

New Delhi: The textiles ministry hopes to attract investments worth ₹95,000 crore and the expected fund flow will create about 2.25 million new job opportunities in the next 4-6 years, according to a senior government official on Friday. The ministry expects ₹25,000 crore investments under the Production Linked Incentive Scheme (PLI) and another ₹70,000 crore … Read more