Page 4 - Mint Explainer News Today

Sebi proposed to provide flexibility to Alternative Investment Funds, Venture Capital Funds and their investors to deal with unliquidated investments of their schemes beyond the expiry of tenure.

Bandhan Banks shares declined by 7.40% in todays trading session, resulting in a cumulative loss of 10.65% over two days. Analysts attribute this fall to profit booking.

For the December quarter, the banks net advances grew by 20% to ₹3,26,741 crore as compared to net advances of ₹2,72,754 crore in Q3FY23. In the preceding quarter (Q2FY24), the net advances stood at ₹3,15,454 crore.

The Fediverse, decentalised Web3, and the rise of Indian large language models were among the big trends this year, apart from all things artifiicial intelligence—GenAI, how AI is helping synthetic biology, and merging human brain cells with AI

The threat of Somali pirates reshapes logistics, adding complexity and cost to international trade for Indian businesses. The Red Sea is important for oil movement, and rerouting around the southern tip of Africa is likely to hike energy prices, experts say.

Covid-19 cases: India recorded 358 new cases and six fatalities of COVID-19. Kerala reported the highest number of new cases and deaths.

COVID 19: Indian government issues advisory on COVID cases and JN.1 subvariant, urges health preparations.

The mysterious respiratory outbreak in China has been particularly harsh on children. But it may not be as much trouble as was Covid-19

Apple has actively worked on diversifying its supply chain and relocating a significant portion of its production outside of China. In the next 4-5 years, the iPhone maker plans to scale up production in India by over five-fold to around ₹3.32 lakh crore, as per government sources.

The Giorgia Meloni-led government in Italy has formally withdrawn from the Belt and Road Initiative of China, four years after signing the project