MUMBAI: India has the opportunity to “reinvent” itself from a back office IT cost reduction industry to a front office AI-driven innovation ecosystem as the country has access to all the key resources needed to fuel AI capabilities, Nvidia CEO Jensen Huang said while advocating the need to regulate AI in context of its use….
“He (Modi) has made India very strong. Now he is the only one who can deliver 10% economic growth annually,” Watsa said. Prem Watsa, the billionaire CEO of Fairfax Financial Holdings who has earned the moniker of ‘Canada’s Warren Buffet’, expressed his confidence in India’s ability to achieve double-digit economic growth, which he believes is…
The Rs 2.5 lakh ceiling on voluntary contributions was introduced in the FY22 budget. (AI image) VPF limit for tax-free interest to be hiked? The government is considering increasing the limit on voluntary provident fund (VPF) contributions under the Employees’ Provident Fund Organisation (EPFO) that earn tax-free interest. Currently, interest earned on contributions above Rs…
NEW DELHI: Union finance minister Nirmala Sitharaman and World Bank president Ajay Banga held discussions on various topics during their meeting on the sidelines of the World Bank and IMF Annual Meetings 2024 in Washington, DC. The discussions focused on private capital participation in Global Public Goods, energy security, and reforms in Multilateral Development Banks…
NEW DELHI: Amid expectations of easing curbs on investment from China, finance minister Nirmala Sitharaman on Wednesday said government will maintain checks on FDI in the “national interest,” given the sensitivity in the region.“We want business, we want investments, but we also need some safeguards because India is located in a neighbourhood, which is very,…
Forging good relationships at the workplace and a sense of pride in work are more important for mental wellbeing than the oft-touted ‘work-life balance’ factors, such as workload and flexibility, over time, a new mega global study reveals.In another surprising finding of the study that looked at nine aspects of work culture, Indians who worked…
Kunal Bahl said that although not getting into IIT was disappointing, it opened doors to other opportunities. Kunal Bahl, co-founder of Snapdeal and Titan Capital, has shared his inspiring journey. He has revealed that not being accepted into IIT, the prestigious Indian institute, and having his H-1B visa application denied were pivotal moments in his…
NEW DELHI: Over 2.7 lakh passengers who had booked Vistara flights to travel on and after Nov 12, 2024, — when the airline merges into Air India — have been issued new tickets for travel on AI. However, the Tata Group has confirmed that for the next few months those who had booked Vistara will…
Any resident of India is eligible to open a PPF account. (AI image) How to open a PPF account: The Public Provident Fund (PPF) is a government-backed savings scheme that is widely favored by investors for building a corpus over an extended period. It provides tax advantages, assured returns, and is considered a secure investment…
NPS grievances: To file a complaint, subscribers can utilize the online grievance redressal portal. (AI image) NPS complaints: The National Pension System (NPS), overseen by the Pension Fund Regulatory and Development Authority, is a voluntary retirement savings plan designed to provide financial security to subscribers in their retirement years. However, NPS subscribers may sometimes encounter…
