South Korea sees six-fold surge in hospitalised Covid patients in four weeks

Seoul, August 9 (IANS) The number of patients hospitalised for Covid-19 has grown sharply in South Korea recently amid a virus resurgence in summertime nationwide, health authorities said on Friday. According to the Korea Disease Control and Prevention Agency (KDCA), the number of people admitted to 220 hospitals nationwide for Covid-19 came to 861 in […]
Latest AI model poses ‘medium risk’ for political persuasion via text: OpenAI

San Francisco, Aug 9 (IANS) Sam Altman-run OpenAI has admitted that its new artificial intelligence (AI) model shows “medium risk” when it comes to persuading political opinions via generated text. The company evaluated the persuasiveness of GPT-4o’s text and voice modalities. GPT-4o was launched publicly in May this year. “Based on pre-registered thresholds, the voice […]
South Korea to enhance price monitoring, boost reserves of key resources

Seoul, Aug 9 (IANS) South Korea will strengthen the monitoring of the prices of major agricultural products and devise measures to boost state reserves of oil, gas and other crucial resources in an effort to curb inflation, the Finance Ministry said on Friday. South Korea’s inflation picked up pace in July on the high prices […]
PhonePe launches pre-approved term life insurance

New Delhi, Aug 9 (IANS) PhonePe on Friday announced the launch of a ‘pre-approved term life insurance’ feature on its platform. The feature aims to make insurance coverage more accessible and affordable for millions of Indians by waiving the requirement for proof of income at the time of policy purchase. With this launch, PhonePe ushers […]
Indian companies hike CSR spending towards education to boost skilling

New Delhi, Aug 9 (IANS) As the government brings forward a new scheme requiring companies to use their Corporate Social Responsibility (CSR) funds to cover 10 per cent of internship costs, education constituted nearly 33 per cent of the CSR spending by companies in FY23 — the largest ever. The amount spent by companies on […]
Sensex trades higher on strong global cues

Mumbai, Aug 9 (IANS) Indian equity indices opened with gains on Friday, following positive global cues. At 9:33 a.m., Sensex was up 867 points or 1.07 per cent at 79,730 and Nifty was at 24,374, up 257 points or 1.07 per cent. Buying is also seen in the midcap and smallcap stocks. Nifty midcap 100 […]
LIC shares jump after healthy quarter earnings

Mumbai, Aug 9 (IANS) The shares of the Life Insurance Corporation of India (LIC) went up around 3 per cent in the opening trade on Friday after posting a healthy quarter earnings. The share opened at Rs 1,159 apiece as the country’s largest insurer reported 9 per cent rise in net profit (year-on-year) in the […]
Mercedes-Benz keeps silence on EV fire in South Korea

Seoul, Aug 9 (IANS) Over a week has passed since a spontaneous Mercedes-Benz electric vehicle fire ended up sparking an EV fire scare in South Korea, but the local unit of the German automotive giant has barely made an earnest gesture to address the issue at hand. Mercedes-Benz Korea’s lax handling of the situation is […]
Rajasthan garment exporters hope big amid crisis in Bangladesh

Jaipur, Aug 8 (IANS) With trade and industry in Bangladesh getting hugely affected by the political turmoil in the neighbouring country following the resignation of Sheikh Hasina as the Prime Minister on Monday, the readymade exporters in Rajasthan are expecting a 20 per cent increase in Christmas orders for readymade garments. The reason is that […]
Jenna Ortega says in Hollywood everybody wants to be ‘politically correct’

Los Angeles, Aug 9 (IANS) Actress Jenna Ortega has talked about the intersection of Hollywood and politics and how the need for actors to be politically correct often contributes to their loss of integrity. It was in 2023, when Ortega stepped away from the “Scream” franchise, a day after her co-star Melissa Barrera was fired […]