rabbit fortune in 2023
According to Patra, innovations in the digital credit landscape such as Account Aggregators, OCEN, and financial services on ONDC have also contributed to productivity gains. New Delhi: The internationalisation of the unified payments interface (UPI) is progressing rapidly, as India emerges as a world leader in leveraging digital technologies for transformative change, according to a Reserve Bank of India (RBI) report. The UPI hit a milestone of 16.6 billion transactions in a month in October, with improvements in its capabilities like successful instant debit reversals at 86 per cent (77 per cent in the same month last year). "India’s UPI, an open-ended system that powers multiple bank accounts into a single mobile application of any participating bank, is propelling inter-bank peer-to-peer and person-to-merchant transactions seamlessly,” said RBI Deputy Governor Michael Debabrata Patra in the report. According to Patra, innovations in the digital credit landscape such as Account Aggregators, OCEN, and financial services on ONDC have also contributed to productivity gains. As of March 2024, ONDC operates in over 720 cities, with orders at 49.72 million. The Trade Receivables Discounting System (TReDS) addresses the credit gap of MSMEs estimated at around Rs 52.2 trillion by connecting them with banks, and clients, with a reduction in funding costs up to 2.5 percentage points. “The value of invoices financed through TReDS have surged more than 23 times. As of October 2024, around 5,000 active FinTechs are involved in providing various financial and technical solutions to businesses, including MSMEs, helping businesses better manage their operations and improve supply chain finance,” wrote Patra. Around 40 per cent of the rural population and 78 per cent in the 20-30 years age group in the overall population use internet in India, with approximately one-third of households engaging in online purchases of consumables and services, one-fourth in buying of consumer durables, and nearly one-tenth in food purchases. The rising importance of embedded financing is reflected in its share in FinTech funding, which has grown from two per cent in 2020 to nine per cent in 2024, wrote Patra. Taking these developments into account, a summary measure of digitalisation for India has been constructed by using a dynamic factor model (DFM). “The index has been rising, reflecting the ongoing digital revolution. The spread of digitalisation has spurred research on assessing the effects of digitalisation on the economy and the transmission of monetary policy,” said Patra. India is uniquely positioned to unlock new growth avenues and optimise existing ones with its digital public infrastructure (DPI), a vibrant information technology (IT) sector and a burgeoning youth population, including one of the largest AI talent bases, noted the RBI Deputy Governor. Stay informed on all the latest news , real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.
Alexander Lukashenko, the authoritarian leader of Belarus, has granted pardons to 20 individuals described by rights activists as political prisoners, according to a statement released on his website this Saturday. This decision occurs amidst ongoing political repression in anticipation of presidential elections next month, which are expected to further consolidate Lukashenko's long-standing rule. The individuals' identities remain undisclosed, but all were convicted of 'crimes of an extremist nature', the statement reveals. Pavel Sapelka, a Viasna activist, contends that while Lukashenko sends mixed signals to the West by intermittently releasing prisoners, the overall climate of political repression intensifies. As Belarus braces for its upcoming elections, the regime continues its crackdown on any opposition, harshly treating those who dissent. (With inputs from agencies.)Cancer natives enter the week of December 29, 2024, to January 4, 2025, with a blend of optimism and caution. While the week highlight a range of moods—initial joy, occasional lows, and varied challenges—you can expect a generally transformative period. As the week begins (around the 29th), you may feel a surge in enthusiasm, with your confidence especially high if you are in a learning or service-oriented profession. The desire to socialize could prompt you to attend family functions or community events. This early momentum helps you forge positive connections that might open doors later on. Moving into the 30th and 31st, you could experience a slight dip in physical vitality or a sense of unease stemming from unseen pressures. You may notice an uptick in caution: you become less willing to share personal thoughts or strategies, and you choose to guard your time more carefully. This cautious stance isn’t a drawback—instead, it helps protect you from misunderstandings or hidden opponents, especially if you suspect individuals around you might not have your best interests at heart. By the time the New Year arrives, the overall energy lightens, and you find small joys in family outings, friendly picnics, and the pursuit of new experiences. You might also receive proposals—if you are single or unmarried, a piece of romantic news could sweeten your holiday celebrations. As January begins, your practical side takes over. You become more mindful of where you place your energy, selecting partnerships and engagements that feel genuinely supportive. You’ll find that cooperation with your spouse or someone close can bring surprising benefits, whether it’s moral support or even practical help in your daily work. By the 3rd and 4th of January, it’s crucial to stay alert while traveling. There may be minor disappointments or unsettling news that tests your composure, but holding onto emotional equilibrium will see you through. The week closes with a reflective mood: even if you face some depressive thoughts or hurdles, you’re better equipped to address them by leaning on supportive networks. Love & Relationship In your personal life, the early part of this week (particularly around the 30th) could expose tensions if you allow external stressors to infiltrate your home environment. Communication remains key—try to express yourself calmly to avoid any unnecessary debates that might sour the mood. Despite these rough patches, the New Year holiday fosters harmony. If you are married or in a serious partnership, you’ll likely share romantic moments, especially on dates or casual outings. For unmarried or single Cancerians, the midweek interval heralds exciting possibilities. You might receive a proposal from a friend, relative, or even someone you’ve known casually. This is a favorable time to open up and explore where things could lead. However, lingering sensitivity means you should stay mindful of your own emotional boundaries. By the weekend, be patient if you notice arguments flaring up over trivial matters—these momentary conflicts often ease once open communication resumes. Education & Career Cancer students can anticipate a positive start to the week, especially around the 29th and 30th. You may excel in your studies, complete assignments with renewed confidence, and see progress in competitive exams—particularly if you’re disciplined about not sharing your ideas unnecessarily. Later in the week, you might be drawn to group study sessions or extended research, but remember to keep your guard up about whom you trust with essential information. Those in service or business could go through varying phases. Early on, you might feel unstoppable—attending social or professional gatherings and networking to forge fruitful ties. Around the middle of the week, be cautious of negative influences at work. Your focus is best maintained by staying in close contact with trusted mentors or supportive team members. If you’re a businessperson, traveling to explore expansion opportunities could be beneficial; just be careful when scheduling deals or making investments. Money & Finance Monetary matters show a subtle but consistent improvement throughout the week. Initially, you may enjoy a sudden or unexpected inflow, maybe through a bonus, a clearance of a blocked payment, or simple recognition of your efforts. Nevertheless, the 31st warns against borrowing money hastily or making large purchases if you’re not fully prepared. As January begins, you might contemplate investments—especially if you’re seeking to grow your capital in secure or semi-speculative avenues. It’s a favorable time to save diligently, but weigh your decisions thoroughly before putting funds into short-term trades or impulsive deals. While opportunities for speculation or property purchases may arise, double-check the terms and remain mindful of your long-term financial goals. Health & Well-being Health-wise, the week starts on a positive note, with the 29th and 30th hinting at decent energy levels and an overall sense of vitality. However, minor hidden issues might emerge around the 31st, including susceptibility to stress, nervousness, or secret ailments like urinary discomfort or digestive imbalances. Staying vigilant—especially with your diet and hydration—will minimize these risks. Physical exercise or mild activities prove beneficial throughout this period. Committing to daily stretches, brisk walks, or a regular routine can keep mood swings in check and reinforce emotional equilibrium. The latter half of the week prompts caution while driving and working around the house. Avoid overburdening yourself with tasks that demand significant physical exertion, as accidents or small injuries might become more likely if you’re distracted or fatigued. By the time the weekend approaches, prioritize rest, relaxation, and open dialogue with loved ones to maintain emotional clarity. Overall, the week nudges you to stay balanced amid both uplifting and challenging moments. With thoughtful communication, steady self-care, and consistent dedication to your personal and professional aims, you’ll navigate these days successfully—and welcome the upcoming weeks in a stronger state of mind. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
AstroDevam is a premium organisation providing ancient and authentic knowledge of Astrology, Vastu, Numerology, and Innovative Corporate Solutions with a contemporary perspective. AstroDevam, having patrons in more than 100 countries, has been promoted by Achary Anita Baranwal and Achary Kalki Krishnan, who not only have Master's Degrees in Astrology, but are engaged in teaching Scientific Astrology, Vastu, and Numerology for more than three decades. Read More Zodiac Signs That Can Become Good Detective Zodiac Signs that Have the Cutest Smile 5 Most Generous Zodiac Signs Zodiac Signs Who Should Believe Their Intuition 5 Zodiac Signs That Are Masters of Manipulation 5 Most Stylish Zodiac Signs Zodiac Signs That Are Extremely Loving 5 Zodiac Signs Who Always Act Like Smart Zodiac Signs That Love to be Single Top 6 Religious Zodiac Signs As Per AstrologyAs 2024 comes to a close, the U.S. stock market has enjoyed a robust year, with the S&P 500 seeing remarkable gains, largely powered by the booming technology sector. Among the standout performers in this tech rally are companies harnessing the power of artificial intelligence (AI). Despite facing some challenges from the Federal Reserve’s indications that interest rate cuts in 2025 may be less than anticipated, several high-quality stocks remain solid investment options for 2025. Nvidia has been a dominant force throughout 2024, driven by its cutting-edge AI technologies. Despite a decrease in its stock value, the company reported a dramatic revenue surge of 94% to $35.1 billion this year, with its Blackwell AI data center systems leading the charge. Nvidia’s move from AI training to the inference market is expected to drive continued growth, with major companies like OpenAI and ServiceNow adopting its enterprise solutions. Advanced Micro Devices (AMD) is another tech giant making waves, particularly in the AI chip sector. AMD reported a significant 122% increase in its data center revenue, reaching $3.5 billion. The adoption of its Instinct GPUs and EPYC CPUs by companies like Microsoft and Meta Platforms is contributing to its rapid expansion. With new GPU launches and a focus on performance, AMD is poised for further success. Alphabet maintains a strong presence in AI, despite facing regulatory hurdles. With innovations in AI-driven search features across the globe and a growing cloud business, Alphabet’s revenue continues to grow. Google Search and Google Cloud have demonstrated significant growth, ensuring Alphabet’s position as a tech leader. These companies present compelling opportunities for investors in 2025, driven by their growth and innovation in AI. The AI-driven Tech Boom: What Investors Should Know for 2025 As 2024 wraps up, investors are reflecting on a strong year in the U.S. stock market, notably within the technology sector. A surge in artificial intelligence (AI) advancements has played a significant role in driving this growth, catapulting companies like Nvidia, AMD, and Alphabet into the spotlight. Here’s a closer look at the trends, innovations, and what to expect from these tech giants moving into 2025. Key Innovations in AI Technology Nvidia’s Transition in AI Applications Nvidia has experienced a remarkable year, with a significant 94% increase in revenue to $35.1 billion. This growth is largely thanks to their Blackwell AI data center systems. In 2025, Nvidia plans to shift focus from AI training to inference markets, potentially unlocking new revenue streams. This strategic move is underscored by collaborations with major entities like OpenAI and ServiceNow, who are integrating Nvidia’s enterprise solutions into their operations. AMD’s Breakthroughs with AI Chips Advanced Micro Devices (AMD) has made substantial strides in AI chip development, achieving a staggering 122% growth in data center revenue. AMD’s Instinct GPUs and EPYC CPUs are being rapidly adopted by tech leaders such as Microsoft and Meta Platforms. The company’s strategic launch of new high-performance GPUs positions it for continued success and market competitiveness in 2025. Alphabet’s Dual Expansion in AI and Cloud Services Alphabet has not been left behind in this tech surge. Despite navigating regulatory challenges, Alphabet is expanding its AI-driven search features globally while bolstering its cloud services. Google Search and Google Cloud have seen robust growth, cementing Alphabet’s status as a tech powerhouse. The company’s commitment to innovation ensures that it remains a key player in the evolving tech landscape. Market Analysis and Predictions for 2025 – Increased AI Adoption: With AI becoming more integral to business operations, expect a rise in the adoption of AI technologies across various industries. Companies leveraging AI for operational efficiency and innovation will likely see a competitive edge. – Regulatory Scrutiny: As AI technologies advance, regulatory scrutiny may intensify. Companies will need to navigate this carefully to sustain growth and innovation. – Tech Market Volatility: While prospects are promising, potential interest rate changes in 2025 could introduce volatility. Investors must keep abreast of economic signals that could impact stock valuations. Investment Opportunities and Considerations For investors eyeing 2025, these developments in AI provide multiple opportunities. Nvidia, AMD, and Alphabet are not just at the forefront of AI but are strategically positioned to capitalize on future tech trends. Their ability to innovate and adapt makes them strong candidates for long-term investment portfolios. As the new year approaches, staying informed about these tech giants’ movements and broader market trends will be crucial for making savvy investment decisions. As always, ensuring a diversified portfolio and keeping an eye on market signals is advisable for weathering potential market fluctuations. For further updates on these companies, visit resources like Nvidia , AMD , and Alphabet .
LOS ANGELES (AP) — The Los Angeles Lakers have traded guard D'Angelo Russell to the Brooklyn Nets for forward Dorian Finney-Smith and guard Shake Milton. The Lakers also sent forward Maxwell Lewis and three second-round draft picks to Brooklyn on Sunday. Russell averaged a career-low 12.4 points for the Lakers this season in a diminished role under new coach JJ Redick, who had vowed to unlock the point guard's formidable offensive game. Instead, Russell was removed from the starting lineup in early November, and he struggled to make a consistent impact as a reserve, with his shooting percentages declining significantly from his previous two seasons back in Los Angeles. The 6-foot-7 Finney-Smith isn't a top scorer, but he is a steady 3-and-D wing who fills an obvious need for the Lakers. Los Angeles has had inconsistent wing play and has lacked an effective defender at the key position during the long-term injury absence of Jarred Vanderbilt , who hasn't played since Feb. 1. Finney-Smith averaged 10.4 points and 4.6 rebounds while hitting a career-best 43.5% of his 3-point attempts this season for the Nets, who acquired him from Dallas in the February 2023 in the trade of Kyrie Irving . Finney-Smith has been limited to five games this month by a sprained ankle and a bruised calf, but the 31-year-old played 27 minutes against San Antonio on Friday. “We want to thank D’Angelo for his second stint with us, where we celebrated some great moments and accomplishments on the court together," Lakers general manager Rob Pelinka said in a statement. "We are thrilled to add the physicality, toughness and elite shooting that Dorian Finney-Smith will bring to our core. We also greatly value the playmaking of Shake Milton. We are excited for our fans to get both of these players out on the court.” Redick and Finney-Smith were teammates with the Mavericks during the 2020-21 season, and Redick has expressed admiration for Finney-Smith's hard-nosed game. Milton is joining his sixth NBA team in less than two years, including his third trade in 11 months. He is averaging 7.4 points and 2.4 assists this season as a Nets reserve. Russell is being traded by the Lakers to the Nets for the second time in his career. He also made the move in 2017 after spending his first two NBA seasons with Los Angeles, which drafted him in 2015. Russell earned the only All-Star selection of his career during his two seasons in Brooklyn. Russell has been traded five times in the past 7 1/2 years. The 10-year pro excelled for the Lakers during their run to the 2023 Western Conference finals after returning to the team in February of that season, although he got benched during that final playoff series against Denver. Russell remained a fairly consistent scorer last year while setting a new franchise record for 3-pointers made in a season, but his career-long problems with offensive inconsistency and defensive ability kept him out of Redick's plans this year. With Russell's departure, Gabe Vincent is the only true point guard left in the Lakers' rotation, although LeBron James often fills the role of initiating their offense. The Lakers (18-13) have won five of six heading into their visit from Cleveland on New Year's Eve. The trade continues a roster restructuring by the Nets, who traded former Lakers point guard Dennis Schröder to Golden State two weeks ago. Schröder was Brooklyn's third-leading scorer, while Finney-Smith was its fourth-leading scorer. The Nets have been one of the NBA's lowest-scoring teams this season, so Russell should have plenty of chances to make an offensive impact. Brooklyn has lost three of four heading into its road game against Orlando on Sunday. Russell's $18.7 million contract expires this summer, while Finney-Smith has a $15.4 million player option for the 2025-26 season. Lewis was the Lakers' second-round pick in 2023, but he played in just 41 games over the past two seasons while shuttling to the G League. AP NBA: https://apnews.com/NBAConagra Brands Inc. stock rises Thursday, outperforms market
Google Research India head disagrees with Nandan Nilekani, says India must build LLMs
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