Artificial intelligence is a cutting-edge technique that enables computerised robots to mimic & evolve thought & behaviour patterns of humans. AI and machine learning are already assisting businesses in analysing their clients, removing linguistic obstacles, & storing data. Industries like FMCG, real estate, D2C, healthcare, logistics, social media & automobiles are relying on AI today.
Open FlipThe SWIFT will upgrade its payment system to the ISO 20022 standard in 2023, which will benefit banks as well as the crypto and digital currency markets by making transactions faster, cheaper, and more transparent wherein banks will be able to better track and monitor their customers' transactions, lowering the risk of money laundering and other illegal activities.
Open FlipResidential air conditioner manufacturers are grinning ear to ear as they expect a volume increase of 15% to 20% this year due to the early start of summer & forecasts that indicate harsh temperatures & a prolonged season. Also, the manufacturers anticipate stronger sales from other cooling equipment like refrigerators and air coolers.
Open FlipHigh Net Worth Individuals (HNIs) are seeking greater outside of traditional investment routes like real estate, gold, fixed deposits, & mutual funds since the Indian financial industry is developing quickly. Rising numbers of HNIs are looking for tailored solutions that will help them diversify & grow wealth at a far faster rate than conventional investment options leading them to AIF & PMS.
Open FlipA year after Putin invaded Ukraine, Europe's stock market rally is still threatened by a possible war escalation which will not only exacerbate geopolitical uncertainty in Europe, but it will also increase pressure on energy and food prices. While the region's equities have recovered, they are now more vulnerable to sharp shocks following this year's nearly 8% rally.
Open FlipWith over 20,000 cryptocurrencies in circulation, choosing the right one for you can be challenging. Thus, Mudrex Coin Sets enable you to invest in crypto indices, i.e., theme-based crypto baskets, to help you make the right choice. Simply invest in sectors that are relevant to you.
Open FlipFans of the Shiba Inu breed have called attention to the fact that Shytoshi Kusama, the head of the breed's developers, has once more given a hint, which might or might not be connected to Shibarium's eagerly anticipated introduction. Shiba Inu's BONE, which is outperforming the top meme coins by market valuation, received a boost from rumours around the debut of the L2 blockchain.
Open FlipIndia will become the world's third largest economy in the next five years, surpassing the United States of America by 2047, Union Minister Piyush Goyal said on Saturday. He also referred to the Regional Comprehensive Economic Partnership trade agreement as a disaster in the making, and said that it was music to his ears when Prime Minister Modi announced that India would not participate.
Open FlipThe two terms that people most frequently use for making payments are credit card and debit card. Both of these cards enable customers to make any kind of transaction both offline and online. Not only that, but both cards have EMV chips and 16-digit numbers with expiration dates and CVV codes. Both of these cards, however, have different uses.
Open FlipBefore last year, wheat was sown, & it did well in the early going. Wheat was sown on 34.32 Mn Ha as opposed to 34.18 Mn Ha in the prior year, a marginal boost of 0.41% in sowing from the previous year. Because wheat prices were profitable throughout the year and the realisation was higher than that of other important rabi crops, farmers decided to increase their wheat acreage.
Open FlipFollowing a strong rise in the previous session, Indian govt bond rates decreased on Monday amid lethargic trading activity in the absence of new cues. The benchmark 10-year bond yield, which was 7.26% in 2032, reached 7.3726%. As the RBI devolved the majority of the 10-year bond on main dealers at an auction, yields increased 4 basis points (bps), closing at 7.3889% on Friday.
Open FlipAccording to its chief, Arun Kumar, the Directorate General of Civil Aviation plans to increase its technical staff to 1,100 by hiring 400 more people over the next one to two years, as well as increase the number of offices to 19, as the watchdog strengthens its safety oversight capabilities. Currently, the DGCA employs approximately 1,300 people, including 700 technical personnel.
Open FlipFamous banker KV Kamath, who now serves as chair of the National Bank for Financing Infrastructure and Development (NaBFID), predicts that by the time the economy reaches a massive USD 7 tn by FY29, the digital sector will have contributed a quarter of the additional GDP. Presently, just 4% of the economy is contributed by the digital sector, compared to 40% in China.
Open FlipAfter 2 tries to restart the network, the Solana blockchain is once again operational. The issue was resolved around 01:28 UTC, & engineers are reportedly still keeping an eye on the network's functionality. Early on Feb 25, the network fell down, which delayed transactions. A first network restart was attempted a few hours later, but it was unsuccessful, necessitating the use of a second approach
Open FlipDue to Pratt & Whitney engine issues & other supply chain challenges, more than 50 IndiGo & Go First aeroplanes are grounded, forcing airlines to investigate wet leasing of aircraft in order to minimise delays. IndiGo, the largest airline in the nation, is considering a number of possibilities, including slowing down redeliveries through lease extensions.
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