Macron’s Paris soirée brings together PM Modi, US Vice President Vance
French President Emmanuel Macron greeted Prime Minister Narendra Modi with a warm embrace upon his arrival in Paris for a dinner at the Elysee Palace. Macron welcomed Modi as they exchanged friendly remarks before beginning discussions. The high-profile dinner also saw the presence
Trump formally announces 25% tariffs on all steel and aluminium imports
US President Donald Trump has announced a 25% tariff on all steel and aluminium imports into the United States, eliminating all exceptions and exemptions, raising concerns for exporters, including South Korea. Trump signed two proclamations formalizing the tariffs and confirmed plans to announce
Benefits of artificial general intelligence should be broadly distributed, says Sam Altman
As artificial intelligence (AI) continues to transform industries worldwide, ensuring that the benefits of artificial general intelligence (AGI) are broadly distributed is crucial, according to OpenAI co-founder and CEO Sam Altman. In a new blog post, Altman emphasized that while technological progress has
Assam CM embarks on two-day visit to Singapore for investment summit
Assam Chief Minister Himanta Biswa Sarma on Monday embarked on a two-day visit to Singapore to promote the upcoming investment summit in the state, Advantage Assam, which is scheduled to take place on February 25 and 26. Sarma is set to meet top
Fund Indexing
By: Dr K C Gupta From a shaky start in the 1970s, indexing has grown tremendously so that 48% of US funds (consisting of 21% mutual funds/OEFs & 27% ETFs) are indexed now. The meaning of indexing has also evolved. One definition considers
South Korean finance ministry to block Chinese DeepSeek AI access
South Korea’s finance ministry plans to block access to the Chinese artificial intelligence (AI) service DeepSeek, a ministry official said on Thursday, as part of Seoul’s latest restrictions on the use of the service amid data collection concerns. “Due to multiple technical concerns
RBI’s actions beyond a 25bps rate cut to be closely watched
While a 25bps rate cut in the upcoming RBI MPC policy is largely expected, market focus will be on the central bank’s actions beyond the rate cut, a report by Emkay Global Financial Services stated on Thursday. The RBI is likely to continue
India is a very important market for AI, can be a leading force in world: Sam Altman
As India embarks on an exciting artificial intelligence (AI) journey, OpenAI Co-founder and CEO Sam Altman said on Wednesday that India is a very important market for AI and the company’s second biggest market globally. Altman, speaking at an event in the presence
Trump delays Mexico tariff hike by a month, talks of ‘deal’ coming
US President Donald Trump announced on Monday that the tariff hikes on Mexico will be delayed by a month, signaling that a “deal” could be in the works. Conversations with Canada are also ongoing, as Trump spoke with Canadian Prime Minister Justin Trudeau.
PM Modi Hails Union Budget 2025 as a Major Relief for the Middle Class
Prime Minister Narendra Modi on Saturday praised the Union Budget 2025, emphasizing that it not only addresses India’s current needs but also lays a strong foundation for future growth. He highlighted the Budget’s benefits for the middle class, farmers, and entrepreneurs, calling it
Middle Class Celebrates as Union Budget Exempts Income Tax for Earnings Up to ₹12 Lakh
In a historic move, Finance Minister Nirmala Sitharaman presented her eighth consecutive Union Budget on Saturday, focusing on growth through four key sectors: agriculture, MSMEs, investment, and exports. In a major relief for taxpayers, she announced that individuals earning up to ₹12 lakh
Budget Brings Cheer to Delhi Voters with Key Announcements
The Narendra Modi government, while adhering to the Election Commission of India’s directive to avoid announcing Delhi-specific schemes in the Union Budget 2025-26, has still provided voters in the election-bound city with several reasons to cheer. Beyond the tax exemption for the middle
De-dollarisation: President Trump threatens BRICS with 100% tariffs
President Donald Trump strongly opposed the de-dollarisation efforts of BRICS nations on Friday, warning them of 100% tariffs on their exports if they attempt to replace the US dollar as the primary currency in global trade. Trump reiterated his stance that the US
Personal finance insights: Market sentiments, investment strategies & economic trends
Dr K C Gupta, YBB Personal Finance SENTIMENTSAAII Bull-Bear Spread +14.0% (reversal; above average)$NYA50R, NYSE %Above 50-dMA 53.17% (positive)$SPXA50R, SP500 %Above 50-dMA 51.60% (positive)Delta MSI 48.0%% (negative)ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 61.41%, Hybrids 4.27%, Bonds 17.40%, M-Mkt 16.92% INTEREST RATESCME FedWatchCycle
US DoJ indictment against Adani a ‘strategic blunder,’ risks damaging India-US ties: Forbes article
The US Department of Justice’s (DoJ) indictment of Indian billionaire Gautam Adani is a strategic blunder with severe geopolitical consequences, leading American publication Forbes has said. In an article titled “The US Harms The West’s Alliances With A Far-Flung Indictment In India”, the
US-based AI company Perplexity submits revised bid for TikTok: Report
US-based artificial intelligence (AI) company Perplexity has reportedly submitted a revised proposal to merge with the Chinese short-form video platform TikTok. Last week, US President Donald Trump signed an executive action that delays the enforcement of the nationwide TikTok ban in the US
Modern Portfolio Theory (MPT)
By: Dr K C Gupta, YBB Personal FinanceMPT is the use of statistics in portfolio analysis (1950s- ). Several terms were customized for portfolio applications. Only basic math is assumed as various software tools make it all easy to use. A LINEAR REGRESSION is
Elon Musk, Sam Altman fight over Stargate on social media
The xAI owner Elon Musk and OpenAI CEO Sam Altman are engaged in a public dispute on X over Stargate, an ambitious infrastructure project aimed at building data centers for OpenAI across the US. On Tuesday, OpenAI announced its partnership with SoftBank and
Centre sets target of 10,000 Geographical Indication tags by 2030
In a push to strengthen the intellectual property rights (IPR) ecosystem in the country, Union Minister of Commerce and Industry Piyush Goyal has set a target of 10,000 Geographical Indication (GI) tags by 2030. The target will be pursued through a whole-of-government approach,
Big step for jute-producing farmer: PM Modi on MSP hike
Prime Minister Narendra Modi on Thursday stated that the Centre has taken a significant step to benefit farmers in the jute-producing sector, including those in West Bengal, by approving a hike in the Minimum Support Price (MSP) of raw jute for the 2025-26