Amazon, Flipkart Get Notice For Selling Unlicensed Drugs
Including Amazon and Flipkart, the Drug Controller General Of India (DCGI) has issued a notice to 20 online sellers for selling drugs without a license. The notice stated the DCGI had forwarded the order to all state and Union Territories in May, then in November 2019, and again on February 3 for necessary actions and…
Shipra Prajapati
Adani Group’s Total Debt Surpasses 1% of Indian Economy
Gautam Adani’s troubles continue as the total debt of his companies surpasses 1% of the Indian Economy. After Hindenburg Research issued a staggering report that alleged Adani group in accounting fraud and stock manipulation, the stock price of Adani’s various companies kept stumbling. In between this, various economic forums find out the amount of debt…
Aman Goyal
Google Shares Wiped Out By $100Bn After Bard Makes An Error
Amid the ChatGPT wave in the AI software industry, Google finally announced its own AI chatbot, “Bard”, to give competition to its rival Open AI backed by Microsoft. On Wednesday, Google announced Bard, the all-new AI chatbot that will directly compete with ChatGPT in the upcoming months. The event occurred a day after Microsoft showcased…
Sumit
Microsoft Steps Up The AI Game: Revamps Bing And Edge
In the race to take a step ahead of the other competitors, Microsoft has planned on incorporating its major search engine, Bing and Edge, with new and improved AI technology. This step by the company may reap significant benefits and make it a cut above the rest in this growing field of artificial intelligence. Microsoft…
Rupee Falls To 82.73/$: The Biggest Fall In Four Months
A sharp fall in the Rupee was registered against the US Dollar, with the value stooping to 82.73/$. This is the lowest value registered as of September 2022. Due to the appreciation of the dollar value, not only the Rupee but other Asian currencies like the Korean Won and the Thai Bhat saw a steep…
Adani Group Plans To Trim Its Capital Spending Plan
The Adani Group is planning to trim its capital spending plans after pulling a Rs 20,000 crore equity fundraising plan last week, a news channel reported on Monday, citing people close to the development. While providing more collateral in the form of stock pledges to lenders, the group may alter its capex (capital expenditure) plans…
ChatGPT Sets New Record: 100 Million Users Registered
Within two months of its launch, the chatbot by OpenAI became the fastest-growing internet application ever to exist. According to research by Similarweb, the chatbot had 590 million visits by 100 million users in the month of January. AI Chatbot was made available for free in the public domain in the month of November last…
Union Budget 2023: Key Highlights Of The BudgetÂ
Yesterday, Finance Minister Nirmala Sitaraman presented the Union budget 2023-24. There were high expectations from this budget, especially from the middle class. During her speech, the finance minister announced the changes in the tax slab and the boosting of capital investment for creating new jobs for youth. The Modi Government presents this budget as accelerating…
Yash Sharma
UK Economy Is Expected To Shrink in 2023- IMF
The International Monetary Fund (IMF) recently predicted that the UK would be the only economy to shrink in 2023. According to the economic forecast report published by the IMF on Monday, the UK can experience a significant decline in its economy and perform worse than Russia. Experts also forecasted that the economy is expected to…
IMF Predicts India, China To Lead Global Economy in 2023
The International Monetary Fund(IMF) predicted that India and China would account for half of the global growth in 2023. According to the latest outlook of the IMF, India will remain the bright spot along with China in the global economy. Both countries witnessed a strong recovery from the Covid19 slowdown and noticed faster economic growth. According…
