Sunday, October 18
Mumbai: India's equity indices eked out gains in choppy trading on Wednesday, as uncertainty over whether foreigners would continue buying stocks here put a lid on upside.The NSE Nifty gained 0.36%, or 88.55 points, to finish at 24,666.90. The BSE Sensex moved 0.22%, or 182.34 points, higher at 81,330.56. "Foreign investors sold heavily on Tuesday in the derivatives segment, which led to weakness in the first half of the session (Wednesday), but the markets managed to recover," said Shrikant Chouhan, Head of Research, Kotak Securities.Chouhan said the amount of bearish bets that Foreign Portfolio Investors built in Nifty futures on Tuesday was significant, resulting in some caution on Wednesday.121172984Foreign portfolio investors (FPIs) bought shares worth a net ₹931 crore on Wednesday
B eth Hyland thought she had met the love of her life on Tinder. In reality, the Michigan-based administrative assistant had been manipulated by an online scam artist who posed as a French man named 'Richard', used deepfake video on Skype calls and posted photos of another man to pull off his con. A 'deepfake' is manipulated video or audio made using artificial intelligence (AI) to look and sound real. They are often difficult to detect without specialised tools. In a matter of months, Hyland, 53, had taken out loans totalling $26,000, sent 'Richard' the money, and fallen prey to a classic case of romance baiting or pig butchering, named for the exploitative way in which scammers cultivate their victims. A projected 8 million deepfakes will be shared worldwide in 2025, up from 500,000 in 2
America's most innovative companies took an unprecedented beating in the early days of Donald Trump’s second term as US president. Just take a look at Apple Inc. From its record $3.9 trillion valuation as the world's richest company on Dec. 26, it lost as much as $1.3 trillion, a record devaluation for the 49-year-old creator of the iPhone and more than the stock markets of Sweden, South Korea or Ireland.Apple is far from alone. Alphabet Inc., Amazon.com Inc., Meta Platforms Inc. and Tesla Inc. lost a combined $2.2 trillion even after their founders and chief executive officers attended the Jan. 20 inauguration of the 47th President in the most visible sign of obeying in advance. Apple CEO Tim Cook personally donated $1 million to Trump's inauguration, a sum matched by Meta, Amazon and G
Bitcoin traded slightly lower on Thursday but remained firmly above the $102,000 mark after rallying earlier in the week on hopes of a U.S. Federal Reserve rate cut following softer inflation data.As of 12:27 PM IST, Bitcoin was down 1.5% at $102,263, while Ethereum declined 3.8% to $2,569. The broader crypto market also saw a pullback, with global capitalisation falling 2.4% to $3.29 trillion. Altcoins such as XRP, Solana, Dogecoin, Cardano, and Shiba Inu dropped between 3% and 7%.The recent rally was fuelled by optimism around a cooling U.S. CPI print and a temporary truce in U.S.-China tariff tensions. However, momentum has cooled as investors await further macroeconomic cues, particularly from upcoming U.S. retail sales data.“Bitcoin is trading range-bound between $102,500 and $104,0
