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Karvy Broking holds back clients funds

Saturday, December 7, 2019, 8:18 PM

Karvy Stock Broking not only illegally pledged clients' shares but also held back their payments for months after investors sold through the troubled brokerage firm, it is learnt. Karvy-Stock-Broking didn't reply to an email from TOI about complaints by clients about non-transfer of funds to their accounts. Karvy-Stock-Broking sold the shares and after deduction of charges was to transfer nearly Rs.3.83-crore to his US-bank-account.
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Robots in finance could wipe out some of its highest-paying jobs

Saturday, December 7, 2019, 8:15 PM

Robots have replaced thousands of routine jobs on Wall Street. Now, they're coming for higher-ups. That's the contention of Marcos Lopez de Prado, a Cornell University professor and the former head of machine learning at AQR Capital Management LLC, who testified in Washington on Friday about the impact of artificial intelligence on capital markets and jobs.
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NSS data shows jump in Housing for All in 2018

Saturday, December 7, 2019, 8:14 PM

The July-December 2018 National Sample Survey (NSS) confirms the construction of 19.4 million homes or pucca dwelling units between January 2013 and December 2018 in rural areas. In the NSS 69th Round (July - December 2012), 65.8% houses were pucca. Six years later, this figure has reached 76.7%. This validates the public data available online of the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) programme.

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