NCLT nod for 1,950 crore settlement in NSEL fiasco
The National Spot Exchange NSEL fiasco is nearing its end. NCLT Mumbai approved a Rs 1,950-crore settlement between NSEL, its promoter 63 Moons, and traders. ...
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Plan to make AI developers pay for content
A government panel has proposed a ‘hybrid model’ for AI firms, granting them a blanket license to use copyrighted works for training AI systems. This ...
Fed call ahead: Central bank eyes third rate cut amid sharp divisions; why follow-up easing looks uncertain
The US Federal Reserve is poised for a quarter-point rate cut this week, but internal disagreements signal future reductions will be challenging. Despite rising unemployment, ...
IndiGo disruptions: Over 40,000 passengers hit at Mumbai airport since December 1; delays and cancellations pile up, says MIAL
Mumbai airport experienced significant disruptions last week as IndiGo cancelled 905 flights and delayed 1,475 others, impacting over 40,000 passengers with cancellations and 2.6 lakh ...
Capital market: Mutual funds could beat banks in credit; Kotak AMC Nilesh Shah explains what investors should do
Nilesh Shah of Kotak Mahindra AMC predicts capital markets will soon surpass bank lending in India, signaling a significant shift in economic financing. He emphasized ...
US jobs pulse: Openings stay near 7.7 million in October; layoffs hit highest level since early 2023
US job openings held steady in October, indicating a cooling labour market. Layoffs saw an uptick, while quits declined, suggesting employers might lean towards job ...