AI has many dangers and could be a threat for the entire human race, says historian Yuval Noah Harari
Historian and author Yuval Noah Harari said that AI could be a threat for the entire human race in future and has "many dangers". He added that global cooperation was needed to "rein in the most dangerous potential of AI". Key Points
India TodayPLA deployment not increasing day by day: Gen Anil Chauhan
They haven't gone back. So, there is a challenge actually, he added. The armed forces are taking all kinds of steps so that there is no untoward situation...We have been able to get back to all places except two: Demchok and Depsang. Negotiations are on, he said. Hopefully that will come about, we are hopeful of that, he added. Key Points
Economic TimesMicrosoft's top scientist opposes Elon Musk's letter calling for AI ban, calls it an ill-defined request
Microsoft's Chief Scientific Officer, Eric Horvitz, says we need to accelerate AI development to understand the technology better. He also called Elon Musk and other tech experts' request of pausing AI development as 'ill-defined' in some ways. Key Points
India TodayBREAKINGVIEWS US blacklisting is no match for TikTok virality
The United States’ web of trade restrictions has a TikTok-sized hole in it. The Commerce Department added another 28 Chinese firms to its trade blacklist on Thursday, requiring licenses to acquire U.S. wares. Yet social media app TikTok, which government officials have repeatedly voiced national security concerns over, hasn’t been hit with trade curbs. It might be time to classify Americans’ data as a domestic good. Key Points
ReutersFormal job creation under EPFO up 11.9% to 1.56 million in December 2023: Payroll Data
As per the payroll data released by the ministry of labour and employment on Tuesday, the year-on-year net new subscribers addition to EPFO was higher by 4.62% when compared to 1.49 million net new subscribers added in December 2022. This surge in membership can be attributed to various factors, including increased employment opportunities, a growing awareness of employee benefits, and the effectiveness of EPFOs outreach programs, the labour ministry said Key Points
Economic Times
Next-gen destroyers on drawing board, Twin Engine Deck Based Fighters expected by 2032, says Navy
Ahead of Navy Day, Navy Chief Admiral R. Hari Kumar & Vice Chief of Naval Staff, Vice Admiral Sanjay Jasjit Singh talk about capability of Indian shipyards & vessels and aircraft being procured. Key Points
ThePrint‘Instant publicity doesn’t solve problems’: Shah cautions BJP leaders on publicly targeting civil servants
Amit Shah delivers message to ‘video-veer’ leaders while addressing party MLAs in Chhattisgarh. Warning follows several instances of party leaders making headlines over such episodes. Key Points
ThePrintIndustry pricing structure should change, pay more for higher usage: Gopal Vittal
Indias current telecom services pricing architecture, he said, is more of a one-size fits all approach that and cant work in the long run as a customer, typically, pays the same independent of the level of usage. “Our pricing structure is broken, and (data) allowances should ideally be linked to price as is the case in markets like Indonesia, Thailand or Philippines,” Vittal said at Airtel's fiscal fourth quarter earnings call Wednesday. Key Points
Economic TimesAI a threat to humans? Here is what Sundar Pichai, Elon Musk, Bill Gates and other tech experts feel
Google CEO Sundar Pichai, in a recent interview, said that he doesn't fully understand Artificial Intelligence (AI) and called for a regulation on the technology so that it isn't misued. On the other hand, Twitter owner Elon Musk outrightly says that AI can be dangerous. Here is what some experts are saying about the potential dangers of AI. Key Points
India TodayNestle's 'double standard' — baby food has added sugar in India, not in rich countries
Products sold in low & middle-income countries have added sugar, finds investigation by Public Eye & IBFAN. Nestlé India says added sugars reduced by up to 30% in past 5 years. Key Points
ThePrint
Madhya Pradesh man puts up hoarding on e-rickshaw to seek bride for himself
Deependra Rathore (29) said he wishes to get married but is unable due to a "shortage of women in society". He added that he will accept any woman regardless of caste or religion. Key Points
India TodayHero MotoCorp to ride in three electric two-wheelers by early 2025
Hero MotoCorp CEO Niranjan Gupta stated that it will take some time to introduce electric bikes through the company's partnership with California-based Zero Motorcycles because the Indian market is still in its early stages of development and is still quite expensive. He further added that future mass-market electric motorcycles will be developed using the partnership's technology. To further augment the EV sales, Gupta commented that the company has increased the availability of Vida to 100 cities as of last week and will enter 100 more cities in the next year. Key Points
Economic TimesGlobal markets update: US stocks climb, led by tech shares
S&P 500 gains 1.11%, Nasdaq Composite rises 1.59%, Dow Jones Industrial Average adds 0.55% Key Points
mintHimachal Pradesh tourism a washout as rain wreaks havoc
The national highway has been closed. Essential supplies are hit. It has not stopped raining and there was a major landslide on Monday. It seems worse than the time when the pandemic hit us, he added. An employee from the Clarkes hotel in Shimla said the situation was 'quite disturbing.' We are not getting future reservations as the road conditions and weather conditions are pretty bad, he added. Key Points
Economic TimesEU trusts India's G20 Presidency to 'find a way' in Russia-Ukraine war: Envoy
In an interview with ANI, Astuto said they have great expectations from the Indian presidency of G20. Furthermore, he added that India presents a very ambitious program that the EU support. | World News Key Points
Hindustan Times
Daughter takes on father 'with tears of blood' in Alwar rural polls — 'he never respected me'
Meena Kumari, in fray from Alwar Rural, describes former MLA Jairam Jatav as a ‘superstitious man’ who had ‘tortured’ her for bringing ‘bad luck’. He says her motive is to cut votes. Key Points
ThePrintLS polls: Chief Election Commissioner allays fears of EVM tampering
Information about how many votes have been polled in a particular EVM after polling is available with the polling agent and they can verify the EVMs (electronic voting machines) before the counting process, Chief Election Commissioner Rajiv Kumar added. To a question on misinformation on social media, the chief election commissioner said it is a serious issue. Key Points
Economic TimesWall St inches higher, Treasury yields gain as S&P 500 inches closer to record high
By Stephen Culp NEW YORK (Reuters) -U.S. stocks were lifted by semiconductor shares on Wednesday, and the benchmark Treasury yield continued to climb to a more than one-month high amid cooling Key Points
ThePrintCapex on National Highways increased from Rs 51,000 cr in FY14 to Rs 2,40,000 cr in FY23, Parliament told
Union Road Transport and Highways minister Nitin Gadkari said budgetary allocation of the road ministry has increased from about Rs 31,130 crore in 2013-14 to Rs 2,70,435 crore in 2023-24. Such increased budgetary allocation led to expansion of the National Highway (NH) network in the country from about 91,287 km in March 2014 to about 1,46,145 km at present, Gadkari added. Key Points
Economic TimesMint Healthcare Summit: Accessibility, affordability remain biggest hurdles for sector's growth
India has around 2.8 million hospital beds or around 1.7 beds per 1,000 people. Of these, less than 1% are accredited and less than 25% are of high quality, Aryaman Tandon of Praxis Global Alliance said. Key Points
mint
Hospitality sector on hiring spree as festive season nears
The hospitality sector in India is experiencing a shortage of staff and is now hiring additional talent for various roles in hotels and restaurants. The Tourism and Hospitality Skill Council is conducting a study to analyze the skill gap in the industry nationwide. Key Points
Economic TimesIndia stays optimistic about growth: Finance minister Nirmala Sitharaman
She pledged more steps to boost supplies of essential commodities like pulses, tomato and onion to curb food inflation on top measures already taken by the government. Her comments came on a day when the Reserve Bank of India (RBI) raised retail inflation forecast for FY24 by 30 basis points to 5.4%. Key Points
Economic TimesOdisha train accident: YouTuber CarryMinati conducts charity livestream, raises over ₹13.37 lakh
YouTuber Ajey Nagar raised nearly ₹13.4 lakh through a charity livestream to help victims of a recent three train crash in India that killed 275 people. Key Points
mintWorld stocks dither, bonds steady as recession worries weigh
By Naomi Rovnick and Kevin Buckland LONDON/TOKYO (Reuters) -Global stocks drifted on Thursday and U.S. Treasury yields hovered near multi-month lows as traders awaited crucial U.S. jobs data that may Key Points
ThePrintUnnao headmaster’s ‘2-yr saga of sexual assault on students’ — ‘forced kisses, bribe for silence’
Believed to have been exposed by school staffers, the Unnao episode has emerged as one of the most sordid episodes of sexual crime at an educational institute. Headmaster arrested last week. Key Points
ThePrint
20L formal jobs created in July, biggest monthly addition to EPFO. 3 lakh women entered job market
The retirement fund body added 10.52 lakh new members in July—an increase of over 2.66 percent from June. Maharashtra alone contributed 20.21 percent of the total new additions. Key Points
ThePrintFormal job creation under EPFO up by 2.7% to 1.62 million in January: Payroll data
As per the provisional data, released by the ministry of labour and employment on Sunday, the year-on-year net new subscribers addition to EPFO was higher by 7.8% when compared to 1.48 million net new subscribers added in January 2023. Key Points
Economic TimesLockheed Martin, Safran to Eurofins & Amazon, why industry giants just can’t get enough of Telangana
Hyderabad was developed as an industry hub by Chandrababu Naidu in his stint as CM of united Andhra. Since statehood, Telangana appears to have burnished its credentials further. Key Points
ThePrintDemand for premium travel shoots up
Demand for luxury travel experiences in India is on the rise, with an increasing number of affluent travelers opting for premium services despite higher costs. The trend is evident in various sectors, including wellness retreats like Ananda in the Himalayas, which has seen a doubling of Indian guests since the pandemic. Companies are catering to this trend with upscale offerings, such as Thomas Cook's relaunch of premium European packages and Cleartrip's surge in sales of premium air tickets. This shift reflects a growing preference for exclusive and curated travel experiences among Indian travelers. Key Points
Economic TimesKarnataka backtracks on making MNCs display number of Kannadiga employees, no such law in place yet, says
Karnataka govt retracts asking companies to disclose Kannadigas employed. IT minister Kharge clarifies no such Act exists. Committee to decide Kannada usage on billboards. MNCs must display Kannadigas employed on notice boards or risk losing licences. Industry leaders criticize. Key Points
Economic Times
Ground is fertile for another pandemic, experts warn at India Today Conclave South
Dr. Priya Abraham and Kerala Health Minister Veena George were at the Indian Today Conclave South to discuss handling post-pandemic threats. Key Points
India TodayA fairy-tale finish, I can smile for the rest of my life, says Rayudu of CSK
'It's a fairytale finish. I couldn't have asked for more. I mean it's unbelievable. I'm fortunate to have played in really great sides. I can smile for the rest of my life, said Ambati Rayudu Key Points
mintNestle plans 10th factory in India; investing to augment capacity of existing units
When asked about the possibility of a new factory in India, Suresh Narayanan told PTI: "Certainly. There is scouting for a site for the tenth factory". "We will make up our minds sooner than later. There is some preliminary work that has been done. And then we will come with an announcement," he added. Key Points
FinancialexpressTwo youngsters drown at Mumbai’s Mahim Beach during high tide
Shirsat stated that an accidental death report has been filed in the case. "We are trying to trace family members of the second deceased as well," the officer added. Key Points
The Indian ExpressProfessor asks netizens to share their lowest academic scores, sparks chatter
Gaurav Sabnis, an Associate Professor of Marketing at the School of Business at Stevens Institute of Technology asked people to share their academic scores. Many posted about their experiences. | Trending Key Points
Hindustan Times
Ram temple revelry evokes mixed feelings in Delhi Muslims. Some recall 1992 hurt, others just want peace
The big-ticket Ram temple event in Ayodhya was a subject of grand celebrations in national capital Delhi. But there were no reports of tensions as happened in Mumbai’s Mira Road. Key Points
ThePrintS&P 500 posts longest weekly winning streak since 2017; finishes flat on day
The Dow Jones Industrial Average rose 56.81 points, or 0.15%, to 37,305.16, the S&P 500 lost 0.36 points, or 0.01%, to 4,719.19 and the Nasdaq Composite added 52.36 points, or 0.35%, to 14,813.92. For the week, the Dow gained 2.9%, the Nasdaq climbed 2.8% and the S&P 500 added 2.5%. Key Points
Economic TimesIndian IT stare at bleak holiday quarter on grim outlook
Over the past two weeks, the likes of Microsoft, Alphabet, Amazon and even Meta, Apple and Tesla have indicated a weakening demand environment that could last at least two quarters. Even Microsoft gave a cautious outlook despite strong performance. Key Points
Economic TimesSelective vision for TCS investors?
The information technology (IT) bellwether’s sequential constant currency (CC) growth was flat. The rising caution among clients led to deferment of discretionary technology spending, hurting revenue growth. Key Points
mintMade money in small and midcaps? Book some profit and raise allocation to largecaps: Abhay Agarwal
“Among the largecaps, we have added Reliance, Kotak Bank, Dr Reddy's and Divi's. We are turning quite positive on largecap pharma segment because after years of struggle with pricing and volumes in the US markets and the struggles with US FDA, this is a sector which is now seeing good traction and is very competitive right now.” Key Points
Economic Times
Day after charges, minor’s father hopes to move on: ‘Wish wrestlers well’
The events of the past few months have left the 38-year-old shaken, even paranoid. “I have lost all trust in people around me…I fear for my life,” he said. | Latest News India Key Points
Hindustan TimesFormal job creation under EPFO falls in February
As per the provisional data, released on Thursday, formal job creation fell slightly when compared month-on-month with net new employees added to the retirement fund body at 1.48 million in January. According to the data, out of 1.39 million subscribers added to EPFO during the month, around 0.73 million new members have come under the ambit of EPFO for the first time. Key Points
Economic TimesSensex, Nifty end higher on consumer stock rally; FMCG leads gains
The S&P BSE Sensex added 102.44 points to end at 80,905.30, while the NSE Nifty50 gained 71.35 points to close at 24,770.20. Key Points
India TodayMan duped of ₹5.6L on IPO investment pretext
A man from Dehradun has been defrauded of ₹5.6 lakh by individuals pretending to represent a US-based capital management firm. The victim, Pramod Sing Key Points
Times Of IndiaZoho Corporation launches Zakya for POS solutions
India Business News: Zoho Corporation has launched Zakya, a modern POS solution for retail stores. The cloud-based POS solution helps small and medium-sized retailers streamline their day-to-day operations with improved inventory management, omnichannel sales, and customer experience. Key Points
Times Of India
Robust tax mopup gives 433% boost to capex, says FM
Robust tax collections have increased capital expenditure and investment in infrastructure projects. Gross direct tax collections rose 16.77%, with expectations of further increase. Refunds worth ₹2.48 lakh crore were issued, and 1.66 crore income tax returns were processed in a day. Time for assessment reduced, faceless assessment introduced for transparency, and technology used to boost collections. Key Points
Economic TimesNovotel Mumbai Juhu beach installs EV charging station
India Business News: Novotel Mumbai Juhu beach has installed an Electric Vehicle (EV) charging station to provide its guests and visitors powering options for their electric vehicles. Reduce carbon emissions and promote eco-friendly practices in the hospitality sector. Other initiatives include an in-house bottling plant to reduce plastic waste and the introduction of a vegan menu for sustainable dining options. Key Points
Times Of IndiaRajat Sharma on 3 stocks he has added recently & why
“There is a lot of basket buying in largecaps and in the frontline indices because of which larecap banks are moving up. I am actually a little wary of them. I think they should cool off, correct at some point in future. These are great banks, great businesses. I am not in any way saying there is any problem with HDFC or ICICI, I just find them overvalued right now.” Key Points
Economic TimesWall St gains, Treasury yields touch multi-month lows on Fed fervor
By Stephen Culp and Marc Jones NEW YORK (Reuters) - U.S. stocks extended their rally and benchmark Treasury yields dropped to their lowest since July on Thursday as signals from the U.S. Federal Key Points
ThePrintBurger King's India operator posts narrower Q2 loss on menu and store expansion
Restaurant Brands Asia (RESR.NS), the franchisee of Burger King India, reported a narrower quarterly loss on Wednesday as it added more outlets in the country and expanded its menu. Key Points
Reuters
1.69 million formal jobs created under EPFO in August
Labour ministrys payroll data for EPFO, released on Friday, shows the formal jobs created in August this year were the same as August last year though the net new subscriber addition fell by over 10% month-on-month with 1.87 million subscribers added to the retirement fund body in July this year. Key Points
Economic TimesMasaba Gupta on parents Neena Gupta and Vivian Richards: 'Everyone tells me I became successful because of them'-Entertainment News , Firstpost
She added, 'Someone once apparently told a friend once that, ‘What does she have to do. Her dad left her hundreds of crores’. I said no, there’s no hundreds of crores. They are being built, but I am building that myself.' Key Points
FirstpostGlobal markets update: US stocks slip on worries over interest rate hike
S&P 500 loses 0.25%, Dow Jones Industrial Average falls 0.49%, Nasdaq Composite adds 0.1% Key Points
mint