EPF claims: Provident fund body rejigs multi-location claim settlement arrangement; details here

EPF claims: Provident fund body rejigs multi-location claim settlement arrangement; details here

To facilitate multi-location claim settlement within the prescribed time limits, Employees Provident Fund Organisation (EPFO) has come up with an arrangement wherein 19 regional offices are linked to 36 collaborating regional offices. The EPFO stated in a circular dated May 8, 2024 that the periodicity in offices across the country was discussed and deliberated in … Read more

India Inc, not just IT, dangles big bucks for AI specialists. But is it all hype?

India Inc, not just IT, dangles big bucks for AI specialists. But is it all hype?

And since it can get tough finding such experts, companies would like any such experts they find to also be capable of developing AI workshops and courses for their other not-as-skilled employees. The competition is fierce, with firms offering 40% salary hikes to lure AI specialists with five-six years of experience at product companies. Sectors … Read more

Peak XV-backed Awfis Space Solutions IPO to announce price band tomorrow; Check out 10 key things to know from RHP

Peak XV-backed Awfis Space Solutions IPO to announce price band tomorrow; Check out 10 key things to know from RHP

The company offers a wide range of flexible workspace solutions, from individual flexible desk requirements to tailored office spaces for start-ups, small and medium companies (SMEs), major organisations, and multinational corporations. The company’s flexible workplace solutions cater to a wide range of seat cohorts, from a single seat to several seats, and may be rented … Read more

Your Questions Answered: What is the difference between mutual funds tracking Nifty Bank Index and Nifty PSU Bank Index?

Your Questions Answered: What is the difference between mutual funds tracking Nifty Bank Index and Nifty PSU Bank Index?

Nifty Bank Index vs. Nifty PSU Bank Index Investing in mutual funds that track specific indices is a popular strategy for many investors, offering a way to gain exposure to particular sectors of the market. In India, two notable indices that mutual funds often track are the Nifty Bank Index and the Nifty PSU Bank … Read more

Today’s AI models are impressive. Teams of them will be formidable

Today’s AI models are impressive. Teams of them will be formidable

The upgrade is part of wider moves across the tech industry to make chatbots and other artificial-intelligence, or AI, products into more useful and engaging assistants for everyday life. Show GPT-4o pictures or videos of art or food that you enjoy and it could probably furnish you with a list of museums, galleries and restaurants … Read more

Indian stock market: 6 key things that changed for market overnight – Gift Nifty, US PPI inflation to Nasdaq at high

Indian stock market: 6 key things that changed for market overnight - Gift Nifty, US PPI inflation to Nasdaq at high

Asia’s shares rose after a significant tech-driven surge in US benchmarks, and investors are waiting for important inflation data later on Wednesday to get a sense of what the Federal Reserve will do next.  On Tuesday, May 14, amid mixed global cues, the Sensex and the Nifty 50 finished the day in positive territory for the … Read more

Google’s search engine overhaul: AI push to offer quicker and more effective results

Google's search engine overhaul: AI push to offer quicker and more effective results

Google unveiled a significant update to its search engine at its annual developers conference, signaling a shift towards favoring artificial intelligence-generated responses over traditional website links. The move, announced on Tuesday, promises to streamline the search process for users while potentially disrupting the flow of internet traffic and revenue for website owners. The revamped search … Read more

Explainer: Why are meme stocks on Wall Street rallying again?

Explainer: Why are meme stocks on Wall Street rallying again?

GameStop and AMC Entertainment have again captured retail investors’ attention, reminiscent of “the meme stock frenzy” that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally “Roaring Kitty”. Here is what you need to know about the recent surge in meme stocks: Roaring Kitty and his sketch … Read more