Sam Altman, who recently released a version of ChatGPT with GPT-4 Turbo at OpenAI's first developer day, said the artificial intelligence startup is working on the next-gen AI model GPT-5, but declined to give a timeline for its release.

https://www.livemint.com/ai/artificial-intelligence/openai-ceo-sam-altman-says-chatgpt-is-a-channel-aims-for-magic-intelligence-in-the-sky-11699927074475.html

#PersonalFinance | According to Indian tax rules, gifts received by an individual on any occasion, including a wedding, are exempt from tax totally but those from friends are tax-free only till the limit of ₹50,000, on occasions other than wedding.

Read here: https://www.read.ht/RGZe

#PersonalFinance | A home loan 🏡 is probably the biggest loan that one takes. Not only in terms of the loan amount, but also tenure which can be 15 years or more. The total final amount that one pays can be double what was borrowed. But a home loan is among the cheapest loans available & usually, it is the only way a person can buy a house.

Here's a look at the lowest home loan interest rates of some leading banks.

#PersonalFinance | We'll explore some straightforward ways to invest and manage your money so your #Diwali bonus doesn't just bring short-term joy but becomes a guiding star for your financial future.

https://www.livemint.com/money/personal-finance/got-your-diwali-bonus-heres-how-to-make-the-most-of-it-11699942012025.html

India’s Wholesale Price Index (#WPI)-based #inflation fell to -0.52% in October, led by easing of prices of key commodities, according to official data released by the ministry of commerce and industry.

https://www.livemint.com/economy/wpi-inflation-stays-in-negative-for-seventh-consecutive-month-in-october-11699954118614.html

Sahara Group founder #SubrataRoy dies aged 75 after a prolonged illness.

Read more: https://www.read.ht/RGaY

#MintCharts | #Delhi's environment minister again put the odd-even road rationing formula on the table on Tuesday, conditional on the city's air quality index entering the "severe plus" category.

The various exemptions in the past avatars of the scheme have been controversial: a Local Circles survey found most NCR residents were opposed to the exemptions for two-wheelers.

World-renowned author #SalmanRushdie has been awarded the first-ever 'Lifetime Disturbing the Peace Award' by the Vaclav Havel Center on November 14, AP reported.

This was Rushdie's surprise public appearance since he was stabbed during a literary festival in New York in August 2022.

Read here: https://read.ht/RGbZ

#PersonalFinance | Amendments in the Hindu Succession Act in 2015, among the many key changes, granted daughters equal share in property acquired by her parents and in any Hindu undivided family (HUF).

Mint breaks down the jargon pertaining to inheritance rights of Hindu and Muslim women in an easy to understand Q&A, or question and answer, format.

Read here: https://www.read.ht/RGcw

#PersonalFinance | Bank fixed deposits (#FDs) continue to be popular investment products not just among senior citizens, who are looking for guaranteed income, but also among investors who can't stomach risk.

Here is a list of banks that offer the highest FD rates for deposits up to Rs 1 crore over various tenures.

India's merchandise trade deficit for October 2023 is up 18% YoY at $31.46 billion from $26.3 billion in October 2022, government data showed.

Read more: https://www.read.ht/RGho

#MintCharts | Not only did #ViratKohli hit a record 50th one-day international century in India's semi-final against New Zealand on Wednesday, he also became the highest scorer ever in a single edition of a men's cricket World Cup.

In both cases, he went past #SachinTendulkar's long-standing records. #WorldCup2023

WhatsApp recently released the Privacy Checkup feature on Android and iOS devices to strengthen the security measures of the popular social media app.

https://www.livemint.com/technology/apps/explained-what-is-whatsapp-privacy-checkup-a-look-at-some-changes-you-can-do-to-make-your-whatsapp-safer-11700100897368.html

#PersonalFinance | The #insurance sector does not segregate data on different types of policies in public domain.

The head of a leading bank’s private wealth division told Mint, on condition of anonymity, that about half of the firm’s total assets under management (AUM) are deployed in guaranteed insurance plans.

Read here: https://www.read.ht/RHHm

#Mint20BestFunds | We have hand-picked 20 #mutualfunds for your portfolio that have jumped through hoops of good returns, low risk, good portfolio hygiene & our own qualitative research.

We have restricted the choice universe to 10 categories out of the total 37 & given you at least two options to pick from each.

#PersonalFinance | Between the end of 2021-22 and the end of 2022-23, BoB World’s activated user base shot up 53%, data from the bank’s presentation to analysts showed.

It is not clear how much of this growth has been driven by the questionable onboarding methods.

Read here: https://www.read.ht/RHIX

#MintCharts | Last week, just before #Diwali, rain brought #Delhi some respite from its ‘severe’ air quality. However, the relief was short-lived, as the air quality index (#AQI) began worsening from the morning after the festivities, rising from 218 on 12 November to 358 the next day. On Thursday, the AQI was 415, falling back into the ‘severe’ category.

#PersonalFinance | Whether you are planning overseas travel or want to send money abroad, it is always a good idea to shop around for the best #forex exchange rate.

Here's a list of INR to USD forex rates offered by some of the major banks & travel aggregators.

#PersonalFinance | Returns from #muhurattrades may not consistently outshine average market performances. Read Akshat Rohatgi piece's to find out what his research showed.

Read more: https://www.read.ht/RHt9

Prime Minister #NarendraModi today virtually addressed the Voice of Global South Summit and said that the use of artificial intelligence for creating '#deepfake' is problematic, while also urging the media to educate people.

“Deepfake a big concern, asked #ChatGPT team to give deepfake warning in content," said the Prime Minister while addressing the inaugural session of the Voice of the Global South Summit.

Read more: https://www.read.ht/RHzQ

‘DPI resources can be shared’ | Resistance to Global South: Jaishankar | Govt taps cos for repair rights

Read today's Mint e-paper here: https://epaper.livemint.com