Security experts wary of increasing cyberattacks

Security experts wary of increasing cyberattacks

NEW DELHI : The post-covid increase in cyberattacks has been a source of concern for cybersecurity professionals in India, forcing many to switch jobs and pursue new roles with 49% expressing their intent to move jobs, while around 25% intending to choose entirely different roles, according to a report by market research firm Gartner, published […]

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Domestic market ownership rises for 5th quarter in a row to 24.44% in Dec

Domestic market ownership rises for 5th quarter in a row to 24.44% in Dec

Retail investors’ ownership in the market stood at 7.23 per cent in December 2022, marginally down from 7.34 per cent in September 2022. But in rupee terms, the same increased to ₹19.94 lakh crore from ₹19.48 lakh crore in the previous quarter, registering an increase of 2.35 per cent. In September 2022, the share was […]

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US Stocks: Wall Street opens lower as big job gains fan inflation fears

US Stocks: Wall Street opens lower as big job gains fan inflation fears

Wall Street’s rally hit a wall after a shocking jobs report showed the U.S. economy created a third of a million more jobs last month than expected, fueling worries about inflation and higher interest rates. The S&P 500 fell 1% in early trading Friday and is on pace for its first drop after three days […]

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Fed set to shrink rate hikes again as inflation slows

Fed set to shrink rate hikes again as inflation slows

Policy makers are poised to raise their benchmark federal funds rate by a quarter percentage point on Wednesday, to a range of 4.5% to 4.75%, dialing back the size of the increase for a second-straight meeting.  The move would follow a slew of recent data suggesting the Fed’s aggressive campaign to slow inflation is working. […]

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Crypto collapse brings focus to digital assets ‘true value’: Raghuram Rajan

Crypto collapse brings focus to digital assets ‘true value’: Raghuram Rajan

The collapse in the prices of digital assets over the past year will allow investors to focus on the “true value” of this new technology, the distributed ledger and the smart contracts that can be built on them, former Reserve Bank of India Governor Raghuram Rajan said on Wednesday. “The idea that somehow cryptos are […]

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ChatGPT will be the calculator for writing, top economist says

ChatGPT will be the calculator for writing, top economist says

ChatGPT, the artificial intelligence system that can produce sophisticated essays on complex subjects in seconds, will become the “calculator for writing,” according to a leading economist. Erik Brynjolfsson, professor of economics and information technology at Stanford University, said the chat bot “will get rid of a lot of routine, rote type of work and at […]

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2022 in review: Eight key factors that moved stock market this year

2022 in review: Eight key factors that moved stock market this year

Despite geopolitical uncertainties, high global inflation and consistent selling by foreign investors in India, domestic flows remained resilient helping the benchmark indices hit new all-time highs this year. Here are eight key factors that moved Indian stock market in the year 2022: 1. Omicron wave We entered the year 2022 with a third wave of […]

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North and South Korea exchange missile launches: Here’s a quick guide on the latest developments

North and South Korea exchange missile launches: Here’s a quick guide on the latest developments

North Korea said its move was triggered by the South Korean-US military drills that are taking place now, which it views as a rehearsal for an invasion of its territory. The burst of missiles resulted in Seoul issuing an air raid warning for the island of Ulleungdo. What happened today? At around 8.51 am on […]

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Russia Ukraine War news live updates: Gunmen kill 11 at Russian military base in latest blow to war in Ukraine

Russia Ukraine War news live updates: Gunmen kill 11 at Russian military base in latest blow to war in Ukraine

They exploded with dull thuds on the outskirts of towns and detonated in the center of cities with deafening booms. Strikes in Kyiv, Ukraine’s capital, left cars burning and splatters of blood on the sidewalks. Throughout this week, the Russian military fired its most intensive barrage of missiles at Ukraine since the start of the war […]

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