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2 min read Last Updated : Oct 08 2024 | 12:06 AM IST Foreign portfolio investors (FPIs) have, for the first time, amassed holdings in Indian securities exceeding the $1 trillion mark, a milestone underscoring the country’s growing allure among global investors. As of the end of September 2024, FPIs’ assets under custody in India reached $1.1 trillion (Rs 84.4 trillion), with $930 billion (Rs 78 trillion) invested in equities and the remainder allocated to debt and hybrid instruments, according to data from National Securities Depository Limited. This figure represents a threefold surge from a Covid-19 low of…

Piyush Goyal, Union Minister for commerce and industry3 min read Last Updated : Oct 08 2024 | 12:08 AM IST India has reduced the time period for foreign investors to seek international arbitration from five years to three years as part of the recently signed investment pact with the United Arab Emirates (UAE), a departure from its model Bilateral InvestmentTreaty (BIT). Under the Investor-State Dispute Settlement (ISDS) mechanism, if the Indian judicial system is unable to resolve a dispute within this shortened period, investors can resort to international arbitration. Click here to connect with us on WhatsApp …

FILE – The largest regulated water and wastewater utility company in the U.S., American Water, its building in Camden, N.J., seen in the foreground on June 17, 2024, says it was the victim of a cyberattack, prompting the firm to pause billing to customers. (AP Photo/Matt Slocum, File) Source link

LOUISVILLE, Ky. — Democratic Lt. Gov. Jacqueline Coleman was in campaign mode Monday, railing against a ballot measure that would allow Kentucky tax money to go toward students attending private and charter schools.The issue hits home for Coleman, a former public school teacher and administrator who has taken a lead role campaigning against the proposal on the statewide ballot. If a simple majority of Kentucky voters approve it next month, the measure would remove constitutional barriers that have blocked the state’s Republican-dominated Legislature from using public funds to support private school education.Speaking at a union hall in Kentucky’s largest city,…

Restaurant to RetailThis summer saw Chicago’s fast-casual restaurant chain Wow Bao expand its retail frozen grocery distribution through new partnerships Meijer and Ahold Delhaize. Officials said Meijer is the first retailer to carry Szechwan-Style Spicy Pork Bao, made with roasted pork, cabbage, ginger, garlic, and chili crisp-gochujang sauce inside a soft, fluffy bao.In June, the National Frozen & Refrigerated Foods Association recognized Wow Bao with the group’s “Most Disruptive Product Award.” Other new summer offerings have included Ginger Chicken Potstickers and Chicken and Pork Soup Dumplings.Taste of ItalyMooney Farms, Chico, Calif., extended its Bella Sun Luci Italian products line with…

Melbourne: Medical experts recommend antivirals for people aged 70 and older who get COVID, and for other groups at risk of severe illness and hospitalisation from COVID. But many older Australians have missed out on antivirals after getting sick with COVID. It is yet another way the health system is failing the most vulnerable. Who missed out? We analysed COVID antiviral uptake between March 2022 and September 2023. We found some groups were more likely to miss out on antivirals including Indigenous people, people from disadvantaged areas, and people from culturally and linguistically diverse backgrounds. Some of the differences will…

Dipa Karmakar, who blazed a trail by becoming the first Indian woman gymnast to compete at the Olympics and finish a historic fourth, announced her retirement on Monday, ending a career in which she inspired awe for routinely performing the highly-difficult Produnova vault. The diminutive 31-year-old from Tripura grabbed headlines with her fourth-place finish in the vault final of the 2016 Rio Games, losing an Olympic medal by just 0.15 points. “After much thought and reflection, I have decided to retire from competitive gymnastics. This is not an easy decision, but it feels like the right time,” she…

In 1994, Florida jewelry designer Diana Duyser discovered what she believed to be the Virgin Mary’s image in a grilled cheese sandwich, which she preserved and later auctioned for $28,000. But how much do we really understand about pareidolia, the phenomenon of seeing faces and patterns in objects when they aren’t really there? A new study from the MIT Computer Science and Artificial Intelligence Laboratory (CSAIL) delves into this phenomenon, introducing an extensive, human-labeled dataset of 5,000 pareidolic images, far surpassing previous collections. Using this dataset, the team discovered several surprising results about the differences between human and machine perception, and how…

In an era where immediate response is not just appreciated but expected, AI-powered chatbots are revolutionizing the way businesses interact with their customers. These intelligent systems harness machine learning to offer real-time, personalized customer support, significantly enhancing user experience and satisfaction. Let’s dive into how integrating AI chatbot support into your business strategy can elevate your customer service to new heights. The Rise of AI Chatbots in Modern Business AI chatbots are more than just automated responders; they are sophisticated systems that understand and anticipate customer needs by analyzing vast amounts of data in real time. By employing natural language…

In the fast-paced progress of AI, the question of how to evaluate and understand capabilities of state-of-the-art models is timelier than ever. New and capable models are being released frequently, and each release promises the next big leap in frontiers of intelligence. Yet, as researchers and developers, often we ask ourselves: Are these models all comparable, if not the same, in terms of capabilities? There are, of course, strong reasons to believe they are, given that many score similarly in standard benchmarks. In addition, rankings in the numerous leaderboards do not offer a consistent and detailed explanation of why a…