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Global Stock Markets Rally as US Consumer Inflation Eases: Sensex and Nifty Hit New Peaks

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Global stock markets witnessed a remarkable upswing as major benchmark indices reached new highs, drawing inspiration from the latest US consumer inflation figures for June. Both the BSE Sensex and Nifty50, India's leading indices, experienced substantial gains, propelled by the positive momentum in global equities. This article provides an overview of the notable market developments, key winners and losers, and the impact of the deceleration in US consumer inflation on investor sentiment. Stock Market Bulls Charge Ahead as Sensex and Nifty Reach Record Highs Key Highlights: 1. Slowing US Consumer Inflation: In June, the US consumer inflation rate exhibited a notable slowdown, declining to 3 percent, the lowest level seen since March 2021. This outcome, surpassing market expectations of 3.1 percent, bolstered confidence in global markets. 2. Record Highs for Sensex and Nifty50: The BSE Sensex surged by 532 points or 0.81 percent, reaching an all-time high of 65,925, while the Nifty

Backlash and Concerns Mount as Indian E-commerce Firm Dukaan Replaces Customer Care Team with AI Chatbot

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The founder and CEO of Dukaan, an e-commerce firm in India, faced significant backlash on social media after announcing the implementation of an artificial intelligence (AI) chatbot to replace 90 percent of the customer care team. Social media users expressed concerns about the impact on employees' livelihoods, and the decision was widely criticized. Social media users express outrage and concerns over Dukaan's decision to replace 90% of its customer care team with an AI chatbot. The CEO defended the move by highlighting the benefits it brought to the company, including a significant reduction in response times from over two hours to just three minutes and an 85 percent reduction in customer support costs. He argued that the decision was necessary for the company's profitability. However, the CEO's response drew strong criticism for its insensitivity towards the affected employees. Users found it disrespectful that he boasted about the layoffs while introducing a new fe

WhatsApp Empowers Community Privacy with New Phone Number Privacy Feature

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WhatsApp, the popular messaging application owned by Meta, has recently introduced a new privacy feature designed to provide a greater sense of security and protect the privacy of its users within community settings. This feature allows community members to have more control over the visibility of their phone numbers, ensuring that they are only visible to those who have saved them as contacts. It is available in the latest versions of WhatsApp for both iOS and Android. Protecting Your Privacy: WhatsApp introduces a new phone number privacy feature for community members, keeping your contact information secure and visible only to saved contacts. The introduction of this privacy feature aims to give users peace of mind when participating in community interactions. By keeping their phone numbers hidden, users can enjoy a greater level of privacy and control over their personal information. This can be especially valuable in communities where users may not be familiar with all the members

Sebi Clarifies Rule Changes, Promises Action Against Violations

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Introduction: The Securities and Exchange Board of India (Sebi) has provided clarification regarding its 2019 rule changes, emphasizing that the amendments do not impede the identification of beneficiaries of offshore funds. Sebi has assured that it will take appropriate action if any violations are found. The regulatory body has continuously strengthened rules related to beneficial ownership and related-party transactions, which are crucial aspects in the allegations of stock price manipulation against the Adani Group. Sebi's response counters certain findings and recommendations made by an expert committee appointed by the Supreme Court. Sebi: Strengthening regulations and promising action against violations in the capital markets. Sebi Disputes Expert Committee Findings:  In response to the expert committee's interim report, Sebi firmly disagrees with the committee's assertion that there is no evident pattern of manipulation in Gautam Adani's companies and that ther

Introducing the All-New Hyundai Exter SUV: Redefining India's SUV Market

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Today, Hyundai Motor India is all set to launch its highly anticipated Hyundai Exter SUV. With the Exter, Hyundai aims to expand its SUV portfolio and regain its position as the leading SUV manufacturer in India, after being overtaken by Tata Motors in 2022. The Exter will join Hyundai's existing lineup of popular SUV models such as the Venue, Creta, Alcazar, and Tucson. Experience the power and style of the all-new Hyundai Exter SUV, designed to make a statement on the roads of India. Affordability at its Core: Hyundai Exter Pricing Positioned as Hyundai's most affordable SUV, the Exter is expected to come with a competitive price tag. It is estimated to be priced between Rs 6 lakh and Rs 9.50 lakh (ex-showroom), with the top-end model potentially exceeding Rs 10 lakh. Hyundai will offer the Exter in 15 different variants across five trims: EX, S, SX, SX(O), and SX(O) Connect. Impressive Fuel Efficiency: Hyundai Exter Mileage When it comes to fuel efficiency, the Exter aims to

Overcoming Recruitment Challenges: Proposed Changes in India's Agnipath Scheme to Strengthen Armed Forces

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Introduction:  The Indian armed forces are currently considering making significant changes to the Agnipath scheme, a transformative reform initiative aimed at strengthening the military. These proposed changes include increasing the absorption of Agniveers (soldiers) from 25 percent to 50 percent, raising the maximum age limit to 23 years, and allowing candidates with technical backgrounds. These adjustments are intended to address recruitment challenges and bolster the armed forces' strength at the soldier's level. Indian Armed Forces - Building a Stronger and More Diverse Military through Proposed Changes in the Agnipath Scheme Background of the Agnipath Scheme:  The Agnipath scheme was launched in June 2022 as a transformative reform initiative within the Indian military. Its primary objective was to induct 1.25 lakh Agniveers, with the goal of creating a younger, fitter, and more diverse armed forces. This initiative was prompted by the existing shortage of troops in the I

Enhanced Affordability: Reduced Fares for AC Chair Cars and Executive Classes in Trains

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The Railway Board has recently implemented a discount initiative that aims to reduce fares for AC chair cars and executive classes in various trains, including Vande Bharat, Anubhuti, and Vistadome coaches. This article will provide an original overview of the initiative and its key features. Passengers enjoy a comfortable journey in the newly introduced AC chair cars with reduced fares, thanks to the Railway Board's discount initiative. Key Features of the Discount Initiative: Delegated Power to Railway Zones: Principal chief commercial managers of railway zones have been granted authority to introduce discounted fare schemes for trains with AC seating. This step has been taken to optimize accommodation utilization and offer flexibility in implementing discount schemes. Applicable Classes and Coaches: The discount initiative is applicable to AC chair car and executive classes in all trains with AC seating, including Anubhuti and Vistadome coaches. Discounts will be available based

Threads: Meta's New Social Media Platform for Engaging Conversations and Personalised Connections

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Introducing Threads:  Meta's Brand-New Social Media Platform for Engaging Conversations and Text Updates Download and Use Threads Are you eager to join the buzz around Meta's latest social media sensation, Threads? Look no further! We're here to guide you through the process of downloading, signing up, and diving into this exciting app. Step 1:  Downloading Threads: Get Connected! To kickstart your Threads experience, head over to the trusted Google Play Store or the reliable App Store on your device. Search for "Threads" and locate the official Threads app. With a quick tap on the "Download" or "Install" button, you'll have Threads ready to roll on your device. Step 2:  Signing up for Threads: Seamless Integration with Instagram. Once Threads finishes installing, open the app and let the adventure begin. Signing up is a breeze—simply select the "Log in with Instagram" option. If you already have Instagram on your device, Threads

Condemnation and Urgent Action Following Pro-Khalistan Arson Attack on Indian Consulate in San Francisco

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The Indian Consulate in San Francisco recently fell victim to an alarming arson attack carried out by pro-Khalistanis. This incident has sparked widespread condemnation and raised concerns about the activities of extremist Sikh groups. Political leaders and authorities have responded swiftly, stressing the importance of protecting diplomatic premises and upholding the principles of free speech while preventing violence. Protesters rally outside Indian Consulate in San Francisco following the recent arson attack, condemning violence, and calling for peace. Arson Attack and Violent Rhetoric:  In a brazen act, pro-Khalistan elements attempted to set fire to the Indian Consulate in San Francisco, requiring swift intervention from the local fire department to suppress the flames. Adding to the gravity of the situation, posters containing violent rhetoric targeting Indian diplomats, including Ambassador Sandhu, circulated on social media platforms. The co-chairs of the India Caucus have vehe

Salaar Teaser: Prabhas and Prashanth Neel's Action-Packed Visual Spectacle Leaves Fans Awestruck

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The much-awaited collaboration between Prabhas, a pan-Indian star, and acclaimed filmmaker Prashanth Neel has unveiled its highly anticipated teaser for "Salaar" on social media. The teaser has received an overwhelming response from fans of Prabhas and movie enthusiasts, indicating that this ambitious project is poised to become an enthralling cinematic extravaganza. Prabhas in a rugged avatar, showcasing his intensity and ruthlessness in the highly anticipated film "Salaar." The Teaser:  With a runtime of over 100 seconds, the meticulously crafted teaser grips viewers with its adrenaline-pumping sequences. The teaser commences with actor-director Tinnu Anand, serving as the narrator, surrounded by a group of armed foreign gangsters. Unperturbed by the imminent threat, he confidently warns his adversaries, hinting at the formidable protagonist they are about to encounter. Simultaneously, Prabhas's character is introduced against an industrial backdrop, reminisce