Author: TI Editor
(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India’s central bank, the Reserve Bank of India (RBI), superseded the Maharashtra-based New India Co-operative Bank for the upcoming 12 months on Friday, February 14, after flagging concerns over poor governance standards and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…
OpenAI has officially expanded the availability of its artificial intelligence (AI) agent, Operator, to several new countries. Previously accessible only to ChatGPT Pro users in the United States, the innovative AI tool is now being introduced in Australia, Brazil, Canada, India, Japan, Singapore, South Korea, the United Kingdom, and other regions where ChatGPT is widely available. However, European users will need to wait longer before gaining access.Announced via OpenAI’s official X account, the rollout marks a significant step in the company’s efforts to enhance AI-powered automation for users worldwide. OpenAI noted that while Operator is not yet available in European…
Modern times combined with easy access to financial data has made credit score fraud more likely to occur than at any previous point in history. Theft of personal information by unauthorized parties leads to account openings and loan applications made in your name thus harming your creditworthiness. This article looks at credit score fraud origins together with defensive and corrective mechanisms.Credit scoreA numerical representation of your credit behaviour appears as your credit score that demonstrates your past loan payment responsibility. The automatic system generates this number by referencing the information in your credit reports that document your financial activities such…
Calling a firm SpinLaunch in an industry where the first part of that name is a way of life might seem a hostage to fortune. But, though the company is no slouch at PR, “spin” here refers to how its cargoes will be dispatched from Earth’s surface—by an armature rotating inside a vacuum chamber (pictured above) rather than on a rocket. After an hour’s steady acceleration, the projectile will be fired out of the chamber at 2.2km a second. Only when it is around 62km up will a small motor ignite to carry it the rest of the way into…
Trump’s indication to impose 25% tariff on pharmaceutical imports into the US sent the Nifty pharma index slumping 3% in early trade, although it recovered to close about 0.7% lower on Wednesday. Stocks of large generic drug manufacturers also went on a downward spiral. Shares of Aurobindo Pharma, Dr Reddy’s, Zydus Lifesciences and Sun Pharma, which have strong presence in the US, slipped by up to 9.5%, 5.8%, 4.8% and 3.2%, respectively, in intra-day trading. The uncertainty was fuelled by the heavy dependence on US exports for top Indian drug makers, which garner anywhere between 30% and 50% of their…
Taiwan has prohibited all government agencies and critical infrastructure providers from using AI technology developed by Chinese startup DeepSeek, citing security risks. The island’s Ministry of Digital Affairs issued a statement on Friday, warning that DeepSeek’s operations pose threats such as cross-border data transmission and potential information leaks.DeepSeek gained global attention in January with the release of its open-source AI platform, which demonstrated advanced human-like reasoning. The platform’s efficiency, developed at a fraction of the cost of its competitors, raised both excitement and concerns about the accessibility of cutting-edge AI without massive hardware investments.The company’s free AI app quickly surged…