MUMBAI: India’s current account deficit narrowed to 1.2% of GDP in Q2 FY25, slightly below the 1.3% in the year-ago period, according to RBI data. This was despite significant worsening of the trade deficit. In absolute terms, the CAD declined to $11.2 billion in Q2 FY25 from $11.3 billion in the same period last year,…
Millions of small businesses have yet to file a Beneficial Ownership Information (BOI) Report, a document that identifies who owns a business by providing personal details like names, addresses, and dates of birth, and it’s due in a couple of weeks—or is it? That’s what business owners want to know as the report’s legality continues…
Jeff Bezos owns at least three properties in Miami’s exclusive Indian Creek enclave, for which he’s paid about $237 million, per the New York Post. Now, a 1.84-acre empty plot of land at 9 Indian Creek Island Road (and right next to the Amazon founder’s property) is up for sale for $200 million, the outlet…
Every graduating student present at the May 16 commencement for the University of Massachusetts at Dartmouth (UMass) received an unexpected bonus when they got their degrees: a $1,000 cash gift from billionaire Robert Hale Jr, the founder and CEO of Granite Telecommunications. There were two requirements though — the student had to be there, in…
MUMBAI: Travel solutions provider InterGlobe Air Transport Limited has been designated as the exclusive General Sales Agent (GSA) by Oman Air for the entire territory of India.A GSA works as a third-party sales representative for an airline in a country in a region and it handles air ticket and cargo sales, manages operations, develops strategies…
NEW DELHI: Osamu Suzuki, the former President Chairman & CEO of Suzuki Motor Corporation, passed away at the age of 94 on Wednesday afternoon due to malignant lymphoma, the company announced on Friday. According to Kyodo News, Japan, Suzuki’s leadership spanned over four decades, during which he transformed the Japanese automaker into a global powerhouse,…
Searching for a job that doesn’t ask for a college degree? A new report from AI interview firm Final Round AI, based on Glassdoor data, ranked the top 10 professions—from No. 1 commercial pilot to No. 7 hearing aid specialist—that don’t require a traditional degree. Related: These Are the Best Jobs for Every Personality Type,…
Whether you’re pitching your business in a boardroom, elevator, or the “Shark Tank,” there are a few key tips that can help make your appeal shine—and increase the odds for an investment. In a recent behind-the-scenes post on ABC’s “Shark Tank,” three investors gave their do’s and don’ts for getting a deal. First, venture capitalist…
According to Downdetector, it appears that ChatGPT is down for most users in a mass outage. As of press time, more than 15,000 users have reported issues with the chatbot. Does OpenAI Know ChatGPT Is Down? OpenAI acknowledged that ChatGPT was not working on Thursday, with its latest update on December 26, 2024, at 12:06…
MUMBAI: RBI has formed a panel to guide ethical AI adoption in the financial sector. The committee on Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) will be chaired by Pushpak Bhattacharyya of IIT Bombay.Others in the panel include experts from academia, industry, govt, and regulatory bodies. Its mandate includes assessing AI adoption…
