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Business

OpenAI Creates a New Framework to Disclose Bad AI Behavior

OpenAI Creates a New Framework to Disclose Bad AI Behavior **OpenAI Unveils New Protocol for AI Misbehavior Transparency** **San Francisco, CA** – In a significant move toward greater accountability in artificial intelligence development, a leading AI research organization has announced the... read more »

Washington - While it is widely believed that money can not buy love, a new study has suggested that it can buy you happiness but only up to a ‘sweet spot’ of 36,000 dollars GDP per person. A new analysis led by economists Eugenio Proto in the Centre for Competitive Advantage in the Global Economy at the University of Warwick and Aldo Rustichini, from University of MInnesota found that as expected, for the poorest countries life satisfaction rises as a country’s wealth increases as people are able to meet their basic needs. However, the new surprise finding is that once income reaches a certain level – around 36,000 dollars, adjusted for Purchasing Power Parity (PPP) - life satisfaction levels peaks, after which it appears to dip slightly in the very rich countries. The researchers found suggestive evidence that this happiness dip in the wealthiest countries is because more money creates higher aspirations, leading to disappointment and a drop in life satisfaction if those aspirations are not met. The study was published in journal PLOS ONE.

Analysis: How Trump could reignite the F...

Analysis: How Trump could reignite the Fed independence fight after Warsh&#...

Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike ### Fed Stands Firm on Rate Hike Amidst Presidential Pressure The Federal Reserve has once again demonstrated its commitment to monetary policy independence, unanimously approving a quarter-point interest... read more »

Trump demands 1% or lower interest rate ...

Trump demands 1% or lower interest rate after first Fed hike since 2023

Trump demands 1% or lower interest rate after first Fed hike since 2023 ### Federal Reserve Faces Presidential Pressure on Interest Rates **Washington D.C.** – In a move that underscores the persistent tension between the White House and the Federal Reserve, President Donald Trump has reiterated... read more »

House passes sweeping Russia sanctions b...

House passes sweeping Russia sanctions bill honoring Lindsey Graham, sends ...

House passes sweeping Russia sanctions bill honoring Lindsey Graham, sends to Trump **House Approves Robust Russia Sanctions Package, Advancing Bipartisan Measure to President’s Desk** **Washington D.C.** – A comprehensive legislative package aimed at imposing stringent sanctions on Russia... read more »

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Economy

Chidambaram calls for high level of probity in capital market

Mumbai – Pitching for high level of probity, Finance Minister P Chidambaram today said Indian capital markets are facing many concerns including low level of retail participations, which needed... read more »

Wal-Mart names Krish Iyer as India unit head

New Delhi – US retail major Wal-Mart Stores Friday named Krish Iyer as the president and chief executive officer (CEO) of its India unit,... read more »

Sensex closes 245 points down; automobile stocks plunge

Mumbai – A key index of the Indian equities markets Thursday closed 245.80 points or 1.16 percent down, its third consecutive fall this week, as bearish... read more »

Govt of the day pays the price for high inflation: Chid...

New Delhi – Apparently admitting that price rise was one of the reasons for Congress defeat in recent elections, Finance Minister P Chidambaram Wednesday... read more »

Bharti Airtel, Reliance Jio to share infrastructure

New Delhi – Telecom service providers Bharti Airtel and Reliance Jio Infocomm have concluded a comprehensive telecom infrastructure-sharing arrangement... read more »

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Investing

With gold prices falling, jewellers increase inventory levels

Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was imported in India in the last two months ahead of the... read more »

Appetite for jewellery boosts India gold demand: W...

Indian appetite for gold jumped by more than a third in the last quarter, in sharp contrast to the rest of the world, boosted by jewellery demand for... read more »

Gold, silver at multi-year lows on overseas cues

NEW DELHI: Gold and silver prices slumped to their multi-year lows to trade at Rs 25,800 per 10 grams and Rs 34,900 per kg, respectively in the national... read more »

Gold, silver likely to trade lower; copper may rise

Global markets traded mixed in the last fortnight as the US Fed’s decision to wind up its bond buying programme acted as a boost for equities wherein the... read more »

Gold struggles on stronger economic data, higher equiti...

Gold steadied on Monday but failed to make any recovery from three straight days of losses as stronger global economic data and higher equities curbed the... read more »

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Gold & Metals

Five reasons why gold may plunge to below Rs 24,000 per 10 grams

MUMBAI: ‘Invest in gold’ is not a buzz-word anymore as the yellow metal has corrected in the international market after a 12-year bull-run. Once considered to be a safe haven, it has... read more »

Gold Prices Drop to 16-Week Low

Gold prices sank to their lowest level in 16 weeks as worries about political friction in Eastern Europe subsided and amid signs that the U.S.... read more »

Gold demand in India to rise in H2 as import curbs like...

Gold prices slipped by Rs. 30 to Rs. 30,725 per 10 gm.

India’s gold demand is likely to pick up in the second half of the year as curbs on bullion imports are expected to be eased by the country’s new... read more »

Gold price plunges by Rs 500 to Rs 29,600 per 10 grams

Gold steady after two-day fall, economic optimism weighs

New Delhi – Gold prices plunged by Rs 500 to Rs 29,600 per 10 grams in the national capital Friday due to low demand from jewellers and retailers amid a... read more »

Gold rebounds on wedding season buying

Gold regained its glitter to trade Rs. 150 higher at Rs. 30,100 per 10 grams in the national capital on Thursday on increased buying by stockists and retailers... read more »

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