The inspiring journey of Ajay Banga-first-ever India-born World Bank President; 4 out of 10 students in Kota struggling with depression; Tech & more
This mutual fund turns Rs 10,000 SIP into Rs 1.14 crore in 23 years
Since its inception on April 25, 2000, Aditya Birla Sun Life Balanced Advantage Fund has registered a 9.16 percent compound annual growth rate (CAGR). The value of Rs 10,000 via Systematic Investment Plan (SIP) became Rs 1.14 crore in the last 23 years, the fund house said in a statement.
Aditya Birla Sun Life Balanced Advantage Fund is an open-ended dynamic asset allocation fund. This is a kind of hybrid fund, which changes its asset allocation i.e. equity and fixed income allocations, dynamically according to market conditions.
Decoding taxation for NRIs: Latest rules, claim process and more
Taxation is a crucial element for the economy of any nation. While various taxes are levied on different services available in India, it's important to note that taxation also affects people who do not stay in India but are of Indian origin. Although income earned abroad is not taxable in India, these non-resident Indians (NRIs) have to pay tax in India on capital gains from shares, mutual funds, and term deposits, if it exceeds the basic exemption limit.
4 out of 10 students in Kota struggling with depression, mental wellness startup Lissun survey finds
A substantial proportion of students in Kota (Rajasthan), which is India’s hotbed for competitive exam preparation, are suffering from mental health issues, as per a Lissun survey.
Over 600 students in the ‘Learning Factory Of India’ attended a mental health awareness camp at a mall — four out of 10 participants were found to be struggling with depression. Lissun’s team of mental health experts, who conducted one-on-one diagnoses on each student, also found that eight out of 10 students surveyed were gripped by anxiety and stress.
#Layoffs ??
US cybersecurity firm fires 50 employees after lavish party with branded drinks
Bishop Fox , a US-based cybersecurity company laid off nearly 50 employees, approximately 13 percent of its workforce. This news emerged just days after Bishop Fox hosted a party at the RSA cybersecurity conference, where it served branded drinks, according to a TechCrunch report.
The company has not revealed how much it spent on the RSA party. As per the report, a spokesperson for Bishop Fox, Kevin Kosh, said the company had pre-booked an event space at the RSA cybersecurity conference many months before the actual event. The primary motive behind this booking was to host a day-long livestream event to promote engagement and knowledge sharing within the wider community.
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A look at the inspiring journey of Ajay Banga, the first-ever India-born World Bank President
Ajay Banga will begin his term as the World Bank President on June 2, taking over from David Malpass who is stepping down early from the role.
#TechTalks ??
Joe Biden meets Microsoft, Google and Open AI CEOs on AI dangers
President Joe Biden attended a White House meeting with CEOs of top artificial intelligence companies, including Alphabet Inc's Google and Microsoft, on Thursday to discuss risks and safeguards as the technology catches the attention of governments and lawmakers globally.
Generative artificial intelligence has become a buzzword this year, with apps such as ChatGPT capturing the public's fancy, sparking a rush among companies to launch similar products they believe will change the nature of work.
Apple CEO Tim Cook hopeful of 'convincing some Indians' to buy an iPhone
Apple CEO Tim Cook is hopeful that he would be able to convince some Indians to buy an iPhone.
"What I do see in India is a lot of people entering the middle class, and I’m hopeful that we can convince some number of them to buy an iPhone," he said during the company's earnings call.
Apple opened its first flagship stores in India last month in Mumbai and New Delhi aiming for accelerated demand for its iPhone. The world's most valued company is also?looking at India as a potential production hub away from China.
Why AI can't solve the password problem without personal responsibility
As the world becomes increasingly digitised, cybersecurity has become a crucial concern. While Artificial Intelligence (AI) has shown tremendous potential in enhancing cybersecurity, it cannot solve the password problem alone. Personal responsibility plays a pivotal role in safeguarding our digital existence.
The rapid advancement of AI has revolutionised various aspects of our lives, from communication to mobility. However, when it comes to password security, AI alone cannot solve the problem. In this article, we will discuss the limitations of AI in addressing password security issues and emphasise the importance of personal responsibility in safeguarding our digital lives.
PM Modi to campaign in Tumkur today, Amit Shah's programme cancelled
Prime Minister Narendra Modi will be campaigning in Tumakuru and Bellary on Friday. In the wake of PM Modi's visit, traffic has been restricted from Tumakuru Nagar Batawadi Junction to BGS Circle. Meanwhile, Amit Shah's programme today was cancelled due to violence in Manipur. From the Congress' side, party chief Mallikarjun Kharge will attend public meetings in Afjalpur, Yedrami, Gulbarga South and Gulbarga North.
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Electoral bond sales soar before Karnataka Assembly polls, SBI sells bonds worth Rs 970.50 crore
The?State Bank of India?(SBI) has sold electoral bonds worth Rs 970.50 crore during the 26th edition of the bond sale in April as Karnataka gears up for Assembly elections. This amount is almost nine times the value of bonds sold before the previous state polls in 2018, The Indian Express reported, quoting information obtained through RTI by transparency activist Commodore Lokesh Batra.
According to the bank's response to RTI queries, out of the 1,470 electoral bonds sold between April 3 and April 12, 2023, all were encashed except that amounting to Rs 15 lakh.
Mysterious Aurora Borealis photographed for the first time in India
The Northern Lights, also known as Auroras, can be viewed from higher elevations in some regions of Iceland, Norway, Sweden, among other countries. But what if we told you that for the first time ever, this phenomenon was photographed in an Indian city? Yes you read that right!
A geomagnetic storm recently struck the Earth's magnetic field, forcing charged particles from the sun to crash with atoms and molecules on Earth's atmosphere, and the Indian Astronomical Observatory on Mount Saraswati recorded this phenomena on film. Aurorasare a consequence of these collisions. An aurora may be observed near or at either magnetic pole of the Earth. A clear sky is helpful to seeing these lights.
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