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EPFO may allow tweak in equity investments

Wednesday, June 20, 2018, 10:13 AM

Employees' Provident Fund Organisation (EPFO) subscribers may soon get the option to invest more of their retirement contribution in stocks to potentially earn higher returns, a senior labor ministry official said. The labor ministry is likely to introduce a proposal to increase the stipulated equity investment limit of 15% at the next central board of trustees (CBT) meeting on June 26.
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Career central banker R Gandhi joins Paytm board as an advisor

Wednesday, June 20, 2018, 9:28 AM

Digital payments major One 97 Communications which owns the brand Paytm has onboarded R Gandhi as an advisor to the company. Gandhi who retired as a deputy governor with the Reserve Bank of India will be mainly advising the company on payment systems, corporate governance, compliance and regulations. Gandhi, a career central banker, was the deputy governor between 2014 and 2017.
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Artificial Intelligence can predict a patient's likelihood of dying

Wednesday, June 20, 2018, 9:07 AM

Google's AI has already proven more accurate than even doctors at predicting the probability of a patient's death. The hospital's analysis of the late-stage lung cancer patient's health records and diagnostics gave her a 9.3% likelihood of dying during the course of her stay at the hospital whereas, Google AI pushed up the likelihood to 19.9%. She died within days of admission.

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