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Expect a deepfakes boom as hackers master use of AI, Machine Learning

Dec 22, 2023

New Delhi, Dec 22 (IANS) With the growth of Large Language Models (LLMs) like OpenAI's ChatGPT, Artificial Intelligence (AI) exploded in the public arena in 2023. According to experts, this trend is expected to continue beyond 2024, as both hackers and cybersecurity professionals continue to improve their usage of AI and Machine Learning (ML).…

Banks in Punjab told to speed up disbursal of self-employment loans

Dec 22, 2023

Chandigarh, Dec 22 (IANS) Punjab Finance Minister Harpal Cheema and Member of Parliament Vikramjit Singh Sahney on Friday reviewed the progress of sanctioning and disbursement of loans under various schemes for self-employment with state…

Business

Essar selects technology partner for Essar Oil UK’s Industrial Carbon Capture facility paving way to…

Dec 22, 2023

New Delhi, Dec 22 (IANS) Essar Oil UK announces the selection of a second key licensor technology provider, Topsoe, for the planned EET Industrial Carbon Capture (“ICC”) facility based at Stanlow, UK. Topsoe will provide its sustainable…

Business

Nifty midcap100 up 44% while Nifty smallcap100 surges 54%

Dec 22, 2023

New Delhi, Dec 22 (IANS) Domestic markets are ending the year 2023 on a buoyant note as Nifty scales above 21,500 mark while Sensex crosses 71,000. Investor’s sentiments got a big boost in November and December which helped both domestic as…

Business

Broader market rally cannot continue for long, warn analysts

Dec 22, 2023

New Delhi, Dec 22 (IANS) The concern in the market now is the excessive valuations in the mid and small-cap segments, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.Retail exuberance and sustained flows into…

Business

Lina Khan-led FTC proposes new rules to curb monetisation of kids’ data

Dec 22, 2023

San Francisco, Dec 22 (IANS) The Federal Trade Commission (FTC) in the US has proposed sweeping changes to regulations to further limit the collection and use of children’s data by tech companies for monetisation, especially for targeted…

Business

Virgin Hyperloop One to shut down operations on Dec 31

Dec 22, 2023

San Francisco, Dec 22 (IANS) High-speed transportation service Hyperloop One, once backed by billionaire Richard Branson’s Virgin Group, is shutting operations on December 31.The company is selling off its assets, closing down its offices,…

Business

Zomato denies any offer to acquire logistics platform Shiprocket for $2 bn

Dec 22, 2023

New Delhi, Dec 21 (IANS) Online food platform Zomato on Thursday said it has not made any offer to acquire homegrown logistics solution provider Shiprocket for nearly $2 billion (more than Rs 16,600 crore). Reacting to a Bloomberg…

Business

Govt grants LIC exemption from 25% public shareholding rule till 2032

Dec 22, 2023

New Delhi, Dec 21 (IANS) Government-owned Life Insurance Corporation of India (LIC) said on Thursday that the Finance Ministry has granted it a one-time exemption from the minimum 25 per cent public shareholding rule.The rule states that an…

Business

Govt inks pact for Rs 22,627cr Japanese loan to finance bullet train project

Dec 22, 2023

New Delhi, Dec 21 (IANS) The Japan International Cooperation Agency (JICA) has signed a loan agreement with the Central government to provide an Official Development Assistance (ODA) loan of 400 billion Japanese Yen (approximately Rs 22,627…

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