UK adds e-bikes and security cameras to inflation basket
The Office for National Statistics (ONS) in the UK has added e-bikes, frozen berries, and security cameras to the basket of goods and services it uses to track inflation. The changes reflect the growing popularity of new technology and environmental concerns. The ONS added 26 new items and removed 16 from the basket, which comprises […]
Indian shares hit 5-month low as banks drag; await inflation data
Indian shares have hit a five-month low, pulled down by a fall in financial stocks prompted by Silicon Valley Bank\’s collapse. The Nifty 50 dropped 1.5% to 17,154.30, while Sensex slid 1.52% to 58,237.85. Easing fears of contagion, further rate decisions are due by several central banks, and US authorities have announced plans to limit […]
PROOF POINTS: Trial finds cheaper, quicker way to tutor young kids in reading
Education researchers are studying a low-cost, low-disruption tutoring programme called \”short-burst\” for kindergarten children. Chapter One (formerly Innovations for Learning) is behind the programme, which involves one-to-one tutoring sessions at a desk in the back of a classroom. The sessions take place during normal English lesson periods and involve each child working with the same tutor for a […]
OSFI seizes Silicon Valley Bank\’s Canadian assets amid global effort to stop contagion
Canada\’s federal banking watchdog has taken over the Canadian operations of Silicon Valley Bank (SVB), the US tech lender, to prevent further financial risk. SVB did not hold a banking license in Canada but operated as a foreign bank branch. Regulators in the US and Britain took similar steps to combat the risk of the […]
OSFI seizes Silicon Valley Bank\’s Canadian assets amid global effort to stop contagion
Canada\’s federal banking watchdog has taken over the Canadian operations of Silicon Valley Bank (SVB), the US tech lender, to prevent further financial risk. SVB did not hold a banking license in Canada but operated as a foreign bank branch. Regulators in the US and Britain took similar steps to combat the risk of the […]
GM is experimenting with a ChatGPT-powered voice assistant
General Motors (GM) is reportedly exploring potential uses for OpenAI\’s language models behind ChatGPT to develop a virtual personal assistant for its vehicles, as part of a collaboration with Microsoft. The system could provide drivers with information about their vehicle’s features beyond what is presently accessible through voice commands, including offering advice or instructional videos […]
Pakistan govt. makes public record of Toshakhana gifts; retainers include Shehbaz, Nawaz, Imran Khan, Zardari – Times of India
The Pakistan government has released details of foreign gifts retained by officials, sparking controversy over the Toshakhana gifts sold by former Prime Minister Imran Khan. The 446-page document, which includes gifts retained from 2002 to 2022 by former presidents, prime ministers, federal cabinet members, politicians, bureaucrats, retired generals, judges, and journalists, revealed that President Arif […]