ISRO Struggles to Establish Communication with Chandrayaan-3’s Vikram Lander and Pragyan Rover
ISRO failed to receive signals from Vikram lander and Pragyan rover as part of Chandrayaan-3 mission; continues communication efforts. Plans to reactivate the two spacecrafts on September 22, 2023 have…
India Offers DPI Ecosystem Know-How to Global South
India is ready to share its Digital Public Infrastructure (DPI) ecosystem resources for the Global South’s financial inclusion. India’s financial inclusion mission, the Pradhan Mantri Jan-Dhan Yojana (PMJDY), surpassed 500…
Bluesky Experiences Record Activity Following Musk’s Decision to Implement User Fees on X
Bluesky experienced a surge in activity and record sign-ups after Elon Musk revealed plans to charge users of X, formerly known as Twitter. Bluesky’s Android app reportedly saw half a…
FTC Prepares for Possible Antitrust Suit Against Amazon
FTC is anticipated to file another lawsuit against Amazon, focusing on practices related to Amazon Prime, logistics, and advertising services. The suit could also revolve around rules preventing products being…
India’s Finance Ministry Projects 6.5% GDP Growth for FY24 Despite Global Slowdown
The ministry’s current fiscal outlook remains ‘bright’ and suggests second quarter of FY24 is doing well. Rising crude oil prices and potential geopolitical developments pose risks to economic stability, but…
Digital currencies popular with central banks globally, could enhance de-dollarization: IMF report
Around 93% of global central banks are considering their own digital currencies, aiding in the overall shift away from the dollar. China and Russia have introduced or are planning to…
FinanceGPT uses AI for financial analysis; preps African languages interface
FinanceGPT, a generative AI startup, aids in financial analysis, forecasting valuations using proprietary AI models and GPT-4. The startup is developing a financial voice assistant proficient in some African languages,…
HDFC Bank loses Rs 1 lakh crore market cap in 4 days, shares drop 8%
Concerns over near-term asset quality, margins and return on asset (RoA) have led to an 8% drop in HDFC Bank shares. The bank’s market capitalisation dropped by around Rs 1…
Amazon to Introduce Ad-Supported Prime Video in 2024
Amazon Prime Video will start showing ads in 2024, with a low-ad tier offered for an additional $3 per month. The ad-supported Prime Video will launch in the U.S., U.K.,…
Aswath Damodaran – Laws of Valuation: Revealing the Myths and Misconceptions – Nordic Business Forum | Podcast Summary
Aswath Damodaran – Laws of Valuation: Revealing the Myths and Misconceptions In a compelling talk, Aswath Damodaran, a renowned Corporate Finance and Valuation Professor, delves into the life cycles of…
Blinkit to Deliver iPhone 15, 15 Plus Within Minutes
Blinkit teams up with Apple to deliver iPhone 15 and 15 Plus ‘within minutes’ in Delhi NCR, Mumbai, Pune, and Bangalore. Promotional offers available, including no cost EMI, low cost…
India to see second-highest millionaire outflow after China in 2023
India will lose approximately 6,500 millionaires in 2023, following a greater outflow of 7,500 in 2022. China is estimated to lose the highest number, 13,500 millionaires in 2023, due to…
Google’s dominance makes switching to DuckDuckGo difficult, says CEO
DuckDuckGo CEO Gabriel Weinberg testifies in an antitrust trial against Google’s monopoly over the search engine market. Weinberg criticizes Google’s default settings that hamper users from switching, regardless of their…
Gujarat to Witness Groundbreaking of $2.75bn Micron Semiconductor Plant
Micron’s $2.75 billion semiconductor plant, backed by 70% Union and State government subsidies, to break ground, announced Rajeev Chandrasekhar. Chandrasekhar asserted manufacturing semiconductors would take time, but will ensure global…
Threads introduces simplistic profile swapping on mobile apps
Meta-owned social networking app Threads has added feature to swap between multiple accounts without logging out. Long pressing on profile icon in mobile apps enables swapping, no specified limit on…
