Business

NEW DELHI: Markets regulator Sebi on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers to bolster investor protection and ensure transparency. These guidelines came after the regulator notified the research analyst (RA) rules and investment adviser (IA) norms in December last year. The new norms encompass qualification standards, fee structures, deposit requirements, …

NEW DELHI: A day after committing $3 billion investments in India for AI and cloud, Microsoft CEO Satya Nadella on Wednesday said that it is imperative to ensure security, privacy, and trust in tech platforms and solutions as artificial intelligence plays an increasingly active role across govts and businesses as well as individuals.Speaking at the ‘Microsoft AI Tour’ here, Nadella …

HYDERABAD: The Indian National Science Academy (INSA) has conferred its prestigious India fellowship for 2025 upon Dr Krishna Ella, co-founder and executive chairman of Bharat Biotech, which developed India’s first indigenously developed Covid-19 Covaxin.The fellowship recognises Dr Ella for his outstanding contributions to the development of new vaccine technologies as well as improvements in existing ones as well as new …

MUMBAI: The rupee extended its slide for the second straight session and declined 13 paise to hit a fresh record low of 85.87 (provisional) against the US dollar on Wednesday amid higher crude oil prices and stronger American currency. Lacklustre sentiment in domestic equity markets and sustained outflow of foreign funds also played spoilsport even as investors stayed cautious over …

Getty Images Helle Thorning-Schmidt, who is now the co-chair of Meta’s oversight board, is the former Prime Minister of Denmark. The co-chair of the independent body that reviews Facebook and Instagram content has said she is “very concerned” about how parent company Meta’s decision to ditch fact-checkers will affect minority groups. Helle Thorning-Schmidt, from Meta’s oversight board, told the BBC …

NEW DELHI: Foreign portfolio investors (FPIs) are likely to maintain a cautious stance on Indian equities until there is more clarity on Q3 FY25 earnings recovery and fair market valuations, according to a report by Shriram Mutual Funds.Despite active participation throughout 2024, FPIs ended the year on a cautious note, with equity investments plummeting by nearly 99 per cent FPI …

Budget 2025 income tax expectations: The changes involve simplifying the language and rationalizing information by using formulas and tables. (AI image) Budget 2025 expectations: India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law and help cut down on disputes that have ballooned to more than $120 billion …

PA Media The posters featured US dollar and euro banknotes on fire Six adverts for an Islamic investment platform showing banknotes on fire have been banned after a regulator ruled they were likely to cause serious offence. The posters for Wahed Invest, seen between September and November on Transport for London (TfL) services last year, featured US dollar and euro …

OpenAI chief executive Sam Altman’s sister, Ann Altman, has filed a lawsuit alleging that he regularly sexually abused her between 1997 and 2006. The lawsuit, which was filed on 6 January in a US District Court in the Eastern District of Missouri, alleges that the abuse started when she was three and Mr Altman was 12. In a joint statement …

The Washington Post announced it will lay off nearly 100 workers, or 4% of its staff, in an attempt to stem growing losses, according to media reports. The cuts reportedly will affect mainly employees on the business side of the storied US newspaper owned by Amazon founder Jeff Bezos. The publication is among many news outlets struggling in the digital …