In 2022, the RBI decided to put in place an additional arrangement for invoicing, payment, and settlement of exports/imports in Rupee.Reserve Bank of India Governor Shaktikanta Das has said that there is no such thinking to move towards de-dollarisation and clarified that the efforts of the central bank towards internationalization of the rupee are not aimed at replacing the dollar.“There is no ...

In 2022, the RBI decided to put in place an additional arrangement for invoicing, payment, and settlement of exports/imports in Rupee.Reserve Bank of India Governor Shaktikanta Das has said that there is no such thinking to move towards de-dollarisation and clarified that the efforts of the central bank towards internationalization of the rupee are not aimed at replacing the dollar.“There is no ...

7th Pay Commission Latest News: The Central Government has no plan to release the 18 months of Dearness Allowance (DA) arrears stopped during the Covid-19 pandemic to Central Government Employees.“The decision to freeze three instalments of Dearness Allowance(DA)/Dearness Relief (DR) to Central Government employees/pensioners due from 01.01.2020, 01.07.2020 and 01.01.2021 was taken in the contex...

ChatGPT-maker OpenAI is reportedly training AI to code with help from an “army” of contractors it has taken onboard at multiple locations globally. The job of these independent contractors is to “teach” AI how to write basic code, something that could have far-reaching impact on the software engineering industry in the days to come.ChatGPT is based on GPT-3.5, a large language model that u...

Sensex going up and down and up again is common. But investors, including those who have invested in Mutual Funds, often lose their sleep whenever Sensex starts trading, say even 5?low the peak level at any given time. Is it right?Experts suggest losing sleep over volatile markets is not right. Investors should know their priorities and long-term expectations from the market and take confidence in...