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In this issue
May 06, 2023
Google is falling behind in AI arms race, senior engineer warns
A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge in artificial intelligence to the open-source community, where many independent researchers use AI technology to make rapid and unexpected advances.
2 mins
Text your tax returns: GSTN's advice to cos with no tax outgo
GSTN, the company responsible for processing goods and services tax returns, has advised businesses without cash tax outgo to file their returns via text messages.
2 mins
Covid-19 global emergency is over after 3 painful years
The World Health Organization said Friday that covid-19 no longer qualifies as a global emergency, marking a symbolic end to the devastating coronavirus pandemic that triggered once-unthinkable lockdowns, upended economies worldwide and killed at least 7 million people worldwide.
2 mins
Spot airfares soar with Go First gone
Last-minute fares on some routes have surged nearly fivefold
2 mins
Apple chief Tim Cook sees India at 'tipping point'
Apple Inc. chief executive Tim Cook singled out India on Thursday as pivotal for the iPhone maker, underscoring how the country is on the cusp of becoming both a major market and production base.
2 mins
IT, startup hiring hits five-year low
The number of recruitment mandates from information technology (IT) and startup clients has dropped to the lowest level in five years.
2 mins
Erratic weather takes a toll on rabi crop yields
Unpredictable weather patterns have adversely affected rabi crops such as wheat and mustard, which account for almost 70% of India's winter food-grains basket. Experts predict lower yields for these crops would hurt farmers' incomes.
2 mins
Banks face margin squeeze amid deposit repricing
The weighted average term deposit rate for the banking sector rose 245 bps to 6.48% in Mar
3 mins
HDFC twin stocks slide over outflow fears post merger
HDFC Bank and HDFC Ltd stocks slid to a three-year low on Friday, driven by anticipated foreign outflows following the merged entity's listing on the Morgan Stanley Composite Index (MSCI) India.
1 min
PMLA coverage of accountants, CS to increase scrutiny
The finance ministry's decision on Wednesday to include specific transactions conducted by accountants and company secretaries under the PMLA, or Prevention of Money Laundering Act, is expected to heighten their accountability and liability.
2 mins
Ban on FDI in nuclear power projects may come to an end
The aim is to reduce carbon emissions, and nuclear is in focus as it can supply energy 24/7
2 mins
India mulls retaliation against EU carbon tax
DGFT said various options are being examined against unilateral move
2 mins
Mint Mumbai Newspaper Description:
Publisher: HT Digital Streams Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies...
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