Dearness allowance hiked! Diwali comes early for central government employees as Cabinet approves 3% DA hike
DA for central government employees is determined using the most recent Consumer Price Index for Industrial Workers. DA hike for central government employees: Diwali 2024 came early for central government employees with PM Narendra Modi-led Union Cabinet approving the much awaited dearness allowance hike, sources told TOI. The dearness allowance has been hiked by 3%. […]
Government Says No Auction of Satellite Spectrum; Elon Musk Hails Decision
The government on Tuesday said it will allot spectrum for satellite broadband administratively and not via auction, hours after Elon Musk criticized the auction route being sought by rival billionaire Mukesh Ambani as “unprecedented”. In what is seen as a battle between billionaires, the methodology of awarding spectrum for satellite services in India – a […]
UK inflation in surprise fall to lowest rate in three years
UK inflation fell unexpectedly to 1.7% in the year to September, the lowest rate in three-and-a-half years. Lower airfares and petrol prices were the main drivers behind the surprise slowdown, official figures showed. It means inflation – the rate prices rise at over time – is now below the Bank of England’s 2% target, paving […]
EU AI Act Checker Reveals Big Tech's Compliance Pitfalls
Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience and discriminatory output, according to data seen by Reuters. The EU had long debated new AI regulations before OpenAI released ChatGPT to the public in late 2022. The record-breaking popularity and ensuing public debate […]
PSX surges to all-time intraday high above 86,500 points
Stocks reached a new all-time high above 86,500 points on Wednesday as earnings season has reignited investor interest in index-heavy stocks, with positive sentiments stemming from the Shanghai Cooperation Organisation (SCO) summit and optimism for political stability. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index surged 673 points to touch 86,513 in intraday trade as […]
What Does Your Favourite Cocktail Say About You?
Have you ever noticed how the drinks we choose at the bar can say a lot about us? Just like that one friend who can’t resist the latest trendy cocktail or the classic buddy who always sticks with beer, your go-to drink reflects your vibe. Whether you’re a party animal or a chill night-in type, […]
NHS needs better plan around weight loss jabs, warn experts
An urgent review is needed to make sure people in England can get weight loss jabs such as Wegovy and Mounjaro on the NHS, top experts warn. It comes a day after the prime minister said such injections could boost Britain’s economy by getting obese unemployed people “back into work”. More than 200 doctors and […]
NYT Sends AI Startup Perplexity 'Cease and Desist' Notice Over Content Use
The New York Times has sent Perplexity a “cease and desist” notice demanding the company stop using the newspaper’s content for generative AI purposes, the startup said on Tuesday, marking the latest clash between the news publisher and an AI firm. The news publisher said in the letter, a copy of which it shared with […]