A German data watchdog has been investigating OpenAI CEO Sam Altman’s Worldcoin project since late last year due to concerns over its large-scale processing of sensitive biometric data, the regulator’s president told Reuters. Worldcoin, which launched last week, requires users to give their iris scans in exchange for a digital ID and, in… Continue reading German data watchdog probing Worldcoin crypto project, says official
Tag: data
Services, retail demand keeps credit offtake robust in June: RBI data
The pace of credit offtake continued to be robust in June 2023, with sectors clocking year-on year (YoY) growth of between 8.1 per cent and 26.7 per cent. Reserve Bank of India (RBI) data showed the services sector clocked a pace of 26.7 per cent in June against 12.8 per cent a year… Continue reading Services, retail demand keeps credit offtake robust in June: RBI data
India’s fiscal deficit reaches 25.3% of FY24 target, shows govt data
The Centre used 25.3 per cent or Rs 4.5 trillion of its fiscal deficit target at the end of first quarter of financial year 2023-24 (FY24), according to data released by the Controller General of Accounts (CGA) on Monday. The fiscal deficit — the gap between government’s expenditure and revenue — stood at… Continue reading India’s fiscal deficit reaches 25.3% of FY24 target, shows govt data
Retail traders bullish even as India run eases, derivatives data shows
By Akshay Chinchalkar The rally that propelled Indian stocks to a record earlier in July stalled last week, but positioning in the derivatives market shows that retail investors continue to be bullish. The benchmark NSE Nifty 50 Index failed to scale a much-hyped 20,000 level and has fallen over 1% from… Continue reading Retail traders bullish even as India run eases, derivatives data shows
1.31 mn girls, women went missing between 2019 and 2021: Govt data
More than 13.13 lakh girls and women went missing in the country in three years between 2019 and 2021 and most of them were from Madhya Pradesh, followed by West Bengal. According to the Union Home Ministry data, tabled in Parliament last week, 10,61,648 women above 18 years and 2,51,430 girls below that… Continue reading 1.31 mn girls, women went missing between 2019 and 2021: Govt data
Commission payout by top 10 mutual funds up 14% in FY23, shows data
The commission paid out to distributors by the top 10 fund houses surged 14 per cent in 2022–23 (FY23) to Rs 8,807 crore, as a sustained rise in flows from the systematic investment plan route lifted distributors’ share in the assets under management (AUM). This information is according to the commission disclosure reports released… Continue reading Commission payout by top 10 mutual funds up 14% in FY23, shows data
Macroeconomic data, global trends, earnings to guide mkt trends: Analysts
Domestic macroeconomic data announcements, global trends, quarterly earnings and foreign fund trading activity would dictate terms in the equity markets this week, analysts said. Besides, movement of rupee against the US dollar and global oil benchmark Brent crude price would also guide the trading pattern in the equity markets. “From a macroeconomic… Continue reading Macroeconomic data, global trends, earnings to guide mkt trends: Analysts