Author: TI Editor
A combination of continued economic growth and an aspirational population India is set to turn into the world’s third-largest consumer market by 2026. Currently holding the fifth spot, the country has seen a steady growth in both individual and household spending in recent years, leading to companies from around the world vying to establish a solid customer base in the domestic market.This trend has also accelerated the demand for personal credit, with people from all nooks and corners of the country seeking small and big-ticket loans to meet their needs and wants. Recent reports indicate that 37% of Indians sought…
A key announcement in the Union budget presented on Saturday was the establishment of 200 cancer daycare centres in district hospitals in 2025-26. While these would serve to decentralize cancer care, experts expressed concern over the absence of enough skilled medicos to run them amid growing incidence of the cancers. The government aims to add cancer daycare centres to all district hospitals in the next three years. There are currently 759 district hospitals in the country. “Cancer is not a disease of convenience…we call it precision medicine,” said Dr B.S. Ajaikumar, founder and executive chairman of cancer care chain HealthCare…
New Delhi: The government introduced steep tax breaks about a year ago to lure global electric vehicle (EV) manufacturers to set up shop in India. Apart from indications that Elon Musk’s Tesla Inc. might be preparing to sell its cars in India, EV makers haven’t taken the bait. Now, the Indian government is considering expanding the scheme to cover investments in charging infrastructure to make the policy more attractive to global EV manufacturers, people familiar with the matter said. The Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) was launched in March last year to encourage foreign…
The landscape of generative AI is evolving rapidly, with companies racing to build more efficient, capable, and accessible models. Among the latest entrants, Mistral Small 3, Alibaba’s Qwen2.5-Max, and DeepSeek R1 are vying for dominance alongside OpenAI’s established ChatGPT. Each model presents a unique approach to AI and used cases.Mistral Small 3Mistral AI’s latest model, Mistral Small 3, is a 24-billion-parameter model claimed to be optimised for low-latency applications. Released under the open Apache 2.0 licence, it is positioned as a direct competitor to larger models like Llama 3.3 70B and Qwen 32B, which claimed to boast three times the…
Samsung is offering massive savings across a wide range of home appliances, making it the perfect time to upgrade. Shoppers can enjoy exciting discounts on TVs, air conditioners, refrigerators, and washing machines, bringing top-quality tech to homes at unbeatable prices.The deals don’t stop there. Samsung is also slashing prices on its popular gadgets, including laptops, tablets, TWS earphones, and smartwatches. Plus, the latest Galaxy S25 series smartphones are now available at special discounted rates, making it easier than ever to get your hands on the newest flagship devices. Don’t miss out on these limited-time offers across Samsung’s entire product line…
(Bloomberg) — Major League Baseball and Walt Disney Co.’s ESPN are ending their broadcast relationship at the end of the 2025 season, calling it quits on ties that go back to 1990. ESPN is pulling out three years early from a seven-year deal in which the network was on the hook to pay the league $550 million a year to air 30 regular season games, the Home Run Derby, the Wild Card playoff round and up to 10 spring training games. The deal allowed for ESPN to opt out of the contract by March 1, 2025. In making the decision,…
When you take a personal loan, choosing the right tenure is important. If you choose a higher tenure than required, you will end up paying more interest. If you choose a lower tenure than required, the higher EMI may disturb your monthly budget and strain your cash flows. In this article, we will discuss what is the minimum and maximum tenure for personal loans, and how to choose the ideal tenure.What is a personal loan tenure?Whenever you take a personal loan, you have to repay it within a specified period. During this period, you make fixed monthly payments to the…
ANGLOPHONE NOVELISTS describing amusement are laughing all the way to the bank. Depending on context, characters can chortle, chuckle, titter, hoot, giggle, snigger, howl or guffaw. This richness of language may suggest to some that laughter, itself, is a phenomenon of infinite variety, one that lends itself to endless subcategorisation. The joke would be on them. New work led by Roza Kamiloglu, a psychologist at the Free University of Amsterdam, provides evidence that there are just two primary types of laughter: one generated when people find something funny and one that can be induced only through the physical act of…
India’s central bank, the Reserve Bank of India (RBI), superseded the Maharashtra-based New India Co-operative Bank for the upcoming 12 months on Friday, February 14, after flagging concerns over poor governance standards and irregularities in its core lending operations.A former general manager of the bank, Hitesh Pravinchand Mehta, was allegedly involved in siphoning ₹122 crore from the lender and was arrested a day after RBI’s intervention in the case. Also Read | New India Co-operative Bank ex-GM arrested for ₹122 crore fraud amid RBI curbs ₹122 crore financial fraudNew India Co-operative Bank’s former general manager, Hitesh Pravinchand Mehta, who was also…
The increasing integration of Artificial Intelligence and Gen AI with the financial sector has the potential to foster innovation and transform the banking sector in the coming years, SBI Chairman C S Setty said on Friday.Setty also said the rising digital economy and its influence on the Indian banking sector can be gauged from the range of digital products that the banks offer today.”The growing interest in Artificial Intelligence, Gen AI and its integration into financial sector has the potential to drive further advancements, fostering innovation, efficiency and resilience for benefit of the financial sector… There is a continuing need…