Thursday, July 20, 2023

Japan 2nd Quad ally to ink chip pact with India



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Infosys slashes FY24 growth forecast on low client spend



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Elon Musk’s wealth slumps $20 billion as Tesla shares tumble

Tesla's warning about possibly having to keep cutting the prices of its electric vehicles led to a significant drop in Elon Musk's fortune by $20.3 billion. Musk's net worth of $234.4 billion is still higher than Bernard Arnault's, the chairman of LVMH, by about $33 billion. However, the wealth gap between the two billionaires is narrowing.

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View: It's time to get real about the Rupee's global role

For sellers of Russia’s flagship Urals crude in the spot market, avoiding dollar clearance meant bypassing the Western banking system and sanctions. Yet, the plan hasn’t really worked. Russia’s banks are reluctant to accumulate balances with lenders in India in a non-convertible currency that has lost half its value against the dollar over the past 15 years.

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Sensex soars 10,000 pts in 4 months from year’s low



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Create authority to regulate AI: Trai



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Centre bans exports of non-basmati rice to check local prices

The Centre has prohibited the export of non-basmati rice to curb price rise in the domestic market, the food department said in a statement. Retail prices of non-basmati rice have increased 3% in the past one month and 11.5% in the past year despite the imposition of 20% export duty since September 2022 to lower prices as well ensure availability in the domestic market.

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Wednesday, July 19, 2023

Can’t restrict AI within borders: IMF’s Gita Gopinath



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Tatas to set up EV battery plant worth ₹42,300 crore in UK



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