To promote ease of doing business, markets regulator Sebi on Wednesday allowed securities funded through cash collateral to be considered as maintenance margin for margin trading facility (MTF). The move will also help alleviate the burden of additional collateral towards the maintenance margin for the margin trading facility. The development took place after the Securities … Read more
Travellers are being warned about a certain fruit that is strictly prohibited on planes. It is forbidden to pack the fruit in your luggage due to its potential to ‘spontaneously combust’. According to the International Air Transport Association’s Dangerous Goods Register (IATA) latest list of banned items for flights, one particular food is included. It … Read more
Small cap mutual fund schemes are in focus these days. These schemes that invest in the stocks of very small companies have given over 40.44% in 2023. In April 2024, the small cap funds again gained investors interest and received an inflow of Rs 2,208.70 crore.The talk about the higher valuations in the small cap … Read more
A popular type of mouthwash used by Brits could raise the risk of certain cancers and diseases, new research has found. Scientists have warned that alcohol-based mouthwash could increase potentially dangerous bacteria in the mouth, leading to oesophageal and bowel cancer. The bacteria, known as fusobacterium nucleatum and streptococcus anginosus, have also been linked to … Read more
A group of current and former OpenAI employees have issued a public letter warning that the company and its rivals are building artificial intelligence with undue risk, without sufficient oversight, and while muzzling employees who might witness irresponsible activities. “These risks range from the further entrenchment of existing inequalities, to manipulation and misinformation, to the … Read more
Let’s start with your personal story I come from a family of engineers and I surprised my parents by not pursuing my engineering academic learnings professionally. I completed my Master of Management Studies (MMS) from the BITS, Pilani. My college is renowned for its rigorous academic programs and emphasis on both theoretical and practical knowledge, … Read more
The European Central Bank recorded its first loss in two decades following an unprecedented ramp-up in borrowing costs to tackle inflation. The shortfall for 2023 – even after the full release of ₹6.6 billion ($7.2 billion) in risk provisions – totalled ₹1.27 billion, as rising interest rates increased the cost of past stimulus efforts. While … Read more
