CalPERS mulls voting against Exxon CEO’s re-election to board, FT reports

May 13 – CalPERS, the biggest public pension plan in the United States, is considering voting against ExxonMobil CEO Darren Woods’ re-election to the board amid shareholder discontent over a lawsuit it filed against two climate-focused investors, the Financial Times reported on Friday. Investors led by U.S. activist investment firm Arjuna Capital and shareholder activist … Read more

How to train your large language model

How to train your large language model

It is no secret that building a large language model (LLM) requires vast amounts of data. In conventional training, an LLM is fed mountains of text, and encouraged to guess each word before it appears. With each prediction, the LLM makes small adjustments to improve its chances of guessing right. The end result is something … Read more

Premier Roadlines IPO: Check latest GMP, subscription status on day 2, other details

Premier Roadlines IPO: Check latest GMP, subscription status on day 2, other details

According to the Red Herring Prospectus, the company provides logistics solutions to businesses, with a focus on surface transportation of items weighing between 1 and 250 MT. The firm is a products transport agency that provides point-to-point services, which means that items are loaded at the client’s location and transported to the delivery place specified … Read more

Considering taking a personal loan for medical expenses? Keep these 3 key factors in mind

Considering taking a personal loan for medical expenses? Keep these 3 key factors in mind

A frequent use of personal loans is covering medical expenses, which many people opt for. Here’s the rationale behind this choice: Flexibility: Personal loans offer freedom in expenditure, unlike certain other loan types. This flexibility allows you to address a range of medical expenses, such as hospital bills, treatment fees, medication, dental procedures, or vision … Read more

Foreign and domestic institutional investors are bullish on these five stocks. But should you buy them?

Foreign and domestic institutional investors are bullish on these five stocks. But should you buy them?

Domestic Institutional Investors (DIIs) bucked this trend, though, with net inflows of ₹1 trillion, taking their shareholding to a record high of 16.1% in March. This increase, from 15.9% in December, narrowed the gap between FII and DII holdings to an all-time low. DIIs’ holdings are now just 9.2% below those of FIIs. A select … Read more

A home loan top-up can help borrowers get extra funds, says Kathuria of Easiloan

A home loan top-up can help borrowers get extra funds, says Kathuria of Easiloan

In an interview with MintGenie, Kathuria said that the repayment period for top-up home loans usually goes up to 15 years, with some lenders offering loan tenures of 20 or even 30 years. Edited Excerpts:  Q. Can you summarize how top-up home loans work for existing borrowers? How do they differ from traditional home loans, … Read more

Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 13

Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 13

The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 22,080 level, a discount of nearly 60 points from the Nifty futures’ previous close.e a tepid start for the Indian benchmark index. The Gift Nifty was trading around 19,440 level, a discount of nearly … Read more

The importance of fixed income in your portfolio

The importance of fixed income in your portfolio

A film becomes a hit not just because of the star but also the effort of the entire crew. Similarly, your portfolio can yield optimum results only if it is well-distributed across suitable investment avenues. The context here is fixed income investments. It is referred to as ‘fixed income’ as there is a defined coupon … Read more

Wall Street week ahead: Investors’ focus on inflation & retail sales data, Walmart earnings

Wall Street week ahead: Investors’ focus on inflation & retail sales data, Walmart earnings

Investors on Wall Street in the week ahead will look for two major economic data – consumer price inflation and US retail sales – apart from other reports and corporate earnings. Both, inflation and retail sales data have the potential to influence the Federal Reserve’s monetary policy. In earnings, retail giant Walmart and Home Depot … Read more