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Foreign investors have withdrawn nearly Rs 20,000 crore from Indian stock markets in just five trading days (November 4–8), continuing a trend of large-scale selling that began last month. Experts say investors are now moving their money to China, largely due to the high valuations presently prevailing in Indian markets. In early November, FPIs have offloaded as much as Rs 19,994 crore in Indian markets. The month prior, i.e., October, was one of the worst months in terms of foreign outflows, with FPIs making a net withdrawal of Rs 94,017 crore. Before this, Indian markets faced such a situation during the pandemic, when FPIs withdrew Rs 61,973 crore from equities in March 2020. <h2>Why Are Investors Leaving? </h2>According to Himanshu Srivastava of Morningstar Investment Research India, two main factors are driving this exodus. First is China's renewed appeal due to lower stock valuations and new economic stimulus measures. In a bid to nudge the domestic economy and bail state governments, China recently approved a 10-trillion yuan (US $1.4 trillion) package. Per reports, approximately 60% of this stimulus focuses on allowing local governments to refinance the mountain of debt on them. Srivastava explains foreign investors are also flocking to US dollar and Treasury yields, which have appreciated significantly in the recent past, leading FPIs to anticipate a stronger US economy going ahead. Moreover, high valuations in Indian markets are discouraging foreign investors from putting more money in the economy. As a result, over the past week, the selling pressure eroded Rs 74,563 crore in market value for Reliance Industries, while Bharti Airtel and ICICI Bank lost Rs 26,274 crore and Rs 22,254 crore, respectively. The combined market valuation of six of the top 10 most-valued firms dipped by Rs 1,55,721.12 crore last week. <h2> Silver linings</h2>Despite the ongoing outflux of funds since last month, November also saw unprecedented applications of about 40–50 new FPI registrations, which are eyeing to enter the Indian market. This was due to markets SEBIs recent relaxation to NRIs, permitting them to participate up to 100% and announcing measures for ease of entry and operations in India. On the other hand, FPIs invested Rs 599 crore in the debt general limit and Rs 2,896 crore in the debt voluntary retention route (VRR) during the period under review. So far this year, FPIs have invested Rs 1.06 lakh crore in the debt market. <li class="whitespace-normal break-words"></li>Going ahead, investors will be looking for certain macroeconomic cues, which include corporate earnings reports, India's inflation (CPI) and industrial production (IIP) data on November 12, the US inflation report on November 13, and wholesale price index (WPI) data on November 14.

FPIs withdraw nearly Rs 20,000 crore from equities in the last 5 trading sessions, make a beeline for China and US

On July 13, shortly after Donald Trump was targeted by an assassination attempt, <keyword id="19903807" type="General" weightage="100" keywordseo="Elon-Musk" source="keywords">Elon Musk</keyword>, the billionaire owner of X (formerly Twitter), tweeted to his 200 million+ followers: I fully endorse President Trump and hope for his rapid recovery. Musk's efforts to influence who wins next week's US presidential election have continued. For example, over the past three months, he has donated more than US$100 million to a political action committee called America PAC that's promoting Trump. Shortly after Musk endorsed Trump's presidential campaign, there was a statistically anomalous boost in engagement with his X account. Suddenly, his posts were getting much higher views, retweets, and likes in comparison to other prominent political accounts on the platform. This raises suspicions as to whether Musk has tweaked the platform's algorithm to increase the reach of his posts in advance of the US presidential election. It also demonstrates the problems with how <keyword id="19897919" type="General" weightage="20" keywordseo="social-media" source="keywords">social media</keyword> platforms like X are currently regulated around the world. <h2>Not the first time</h2>Musk has a history when it comes to tweaking X's algorithms so his content reaches more people. Last year, he reportedly mobilized a team of around 80 engineers to algorithmically boost his posts. This came after his tweet supporting the Philadelphia Eagles during the Super Bowl was outperformed by a similar one from President Joe Biden. Musk seemed to confirm this happened, posting a picture depicting one woman labeled "Elon's tweets" forcibly bottle-feeding another woman labeled "Twitter." To see whether Musk has done this again in the lead-up to the <keyword id="20204585" type="General" weightage="20" keywordseo="US-election" source="keywords">US election</keyword>, we compared Musk's engagement metrics—such as the number of views, retweets, and likes—with a set of other prominent political accounts on the social media platform. The data spans the period from January 1, 2024, to October 25, 2024. Other political accounts that served as a basis of comparison include those of right-wing commentators Jack Posobiec, Tucker Carlson, and Donald Trump Jr. The study also examined accounts at the other end of the political spectrum, including those of US Representative Alexandria Ocasio-Cortez, US Senator Bernie Sanders, and Vice-President Kamala Harris. <h2> A sudden and significant increase</h2>Since July, engagement with Musk's X account has seen a sudden and significant increase. The view counts for his posts increased by 138%, retweets by 238%, and likes by 186%. In contrast, other prominent political accounts on X saw more moderate increases: 57% in view counts, 152% in retweets, and 130% in likes. This suggests that while engagement went up for all accounts after July, Musk's metrics saw a particularly large boost, particularly in retweets and likes. The research further found that since July, other conservative and right-wing X accounts have performed better in terms of visibility of posts compared to progressive and left-wing accounts. Without backstage access to the workings of the company, it is impossible to know for sure whether changes to its curation system are boosting its owner's posts. The platform has limited the access it provides to researchers since Musk took over. However, the Washington Post recently found that tweets from Republicans are far more likely to go viral, receiving billions more views than those from Democrats. Similarly, an investigation by the Wall Street Journal revealed that new users to the platform "are being blanketed with political content" that disproportionately favors Trump. Since Musk purchased the platform, it has become more congenial to figures on the right, including people who were previously banned for spreading harmful and false information. <h2>The myth of neutrality</h2>The findings raise the question of the extent to which Musk's influential social media platform is reinforcing its owner's political agenda. Musk, whose businesses have extensive government contracts, has made a public and financial spectacle of his unabashed support of Trump. The billionaire tech tycoon is reportedly Trump's second-biggest financial donor. He also promoted Trump in a glitchy live interview on X and authored a stream of tweets promoting Trump's campaign. Musk is also handing out $1 million a day to selected registered voters. This plan (which has met with questions over its legality) aims to boost <keyword id="20759059" type="General" weightage="20" keywordseo="voter-registration" source="keywords">voter registration</keyword> among sympathizers in swing states. Musk's actions have torpedoed the fantasy that social media platforms such as X are neutral. Given he has previously tweaked X's algorithm to amplify the reach of his posts, it would be surprising if he were not tilting the platform in favor of Trump, whom he believes is "the path to prosperity." For too long, social media platforms have enjoyed immunity for the information they selectively inject into users' feeds. It's time for governments to reconsider their approach to regulating the oligopolistic power over our information environment wielded by a handful of tech billionaires.

Tech billionaire Elon Musk's social media posts have had a 'sudden boost' since July, new research reveals

The Prime Minister’s Internship Scheme, announced in the Union Budget 2024-25, is set to offer a tremendous opportunity for young Indians to gain hands-on experience in leading companies across diverse sectors. As of October 12, the portal for this ambitious initiative is open for registrations, with over 90,000 internship positions posted by top companies like <keyword id="19896380" type="General" weightage="20" keywordseo="Reliance-Industries" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Industries" meta.hostid="261" meta.entityid="Reliance Industries">Reliance Industries</keyword>, <keyword id="19895995" type="General" weightage="20" keywordseo="HDFC-Bank" source="keywords" meta.keywordsubtype="org" meta.entityname="HDFC Bank" meta.hostid="261" meta.entityid="HDFC Bank">HDFC Bank</keyword>, <keyword id="19950119" type="General" weightage="20" keywordseo="Tata-Consultancy-Services" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Consultancy Services" meta.hostid="261" meta.entityid="Tata Consultancy Services">Tata Consultancy Services</keyword> (TCS), ONGC, Maruti Suzuki, and more. Here’s everything you need to know about how to apply, the companies participating, and answers to frequently asked questions. <h2>Step-by-Step Guide to Applying for the <keyword id="23273918" type="General" weightage="100" keywordseo="PM-Internship-Scheme" source="keywords">PM Internship Scheme</keyword></h2><ol><li>Visit the Official Portal: The PM Internship Scheme’s application process takes place on the official website,<a href="http://pminternship.mca.gov.in"> pminternship.mca.gov.in</a>.</li><li>Register and Set Up Your Profile: After opening the portal, you’ll need to register and fill out basic information, including educational qualifications, age, and internship preferences.</li><li>Explore Internship Listings: With over 90,000 internships available from 193 companies, you can browse listings in sectors like Oil &amp; Gas, Travel &amp; Hospitality, Automotive, Banking, and more. Each listing will provide details on job roles, skills required, and specific fields like Operations Management, Production, Maintenance, and Sales.</li><li>Apply for Your Chosen Roles: You can apply for up to five internships based on your interests, qualifications, and preferred location. The portal allows for an easy application submission and lets you track your applications.</li><li>Confirmation and Next Steps: Once you apply, download the confirmation page for reference. Internships are set to begin on December 2, 2024, so selected candidates will receive further instructions as the start date approaches.</li></ol><h2>Major Companies Participating in the PM Internship Scheme</h2>Here are some of the top companies that have already posted internships on the portal, with more joining every day: <ul><li>Reliance Industries Ltd.</li><li>HDFC Bank</li><li>Tata Consultancy Services (TCS)</li><li>Oil and Natural Gas Corporation (ONGC)</li><li>State Bank of India (SBI)</li><li>Maruti Suzuki India Ltd.</li><li>Jubilant FoodWorks</li><li>Larsen &amp; Toubro Ltd.</li><li>Eicher Motors Ltd.</li><li>Muthoot Finance</li></ul>These companies are providing internships across over 20 fields, covering a wide range of skills and sectors. The biggest opportunities are currently in the Oil &amp; Gas sector, followed by industries like Travel, Automotive, and Financial Services. <div type="Article" hostid="261" msid="113986236" title="Why so many entry-level jobs aren&amp;#39;t entry-level" mstype="2" mssubtype="0"></div><h2>Key Features of the Internship Scheme</h2>Under the scheme, interns will receive a stipend of Rs 5,000 per month, plus a one-time grant of Rs 6,000 to support miscellaneous expenses. These internships are available across 737 districts in all 37 states and Union Territories, making this a truly inclusive national program. Interns can indulge in many diverse internship roles. From operations to maintenance, sales, marketing, and production, these internships offer a variety of hands-on experiences that match real-world corporate needs. <h2>FAQs about the PM Internship Scheme</h2><h5>Who is eligible?</h5>The scheme is open to Indian citizens aged 21 to 24 who are not employed full-time or enrolled in full-time study programs. Candidates in online or distance learning programs are eligible. <h5>What sectors offer the most internships?</h5>The largest number of internships are in the Oil &amp; Gas, Travel &amp; Hospitality, Automotive, and Banking &amp; Financial Services sectors, with positions also available in fields like Manufacturing, IT, and Retail. <h5>When do the internships start?</h5>Internships for this year will begin on December 2, 2024. The scheme aims to facilitate 1.25 lakh internships this financial year and eventually reach one crore internships over the next five years. <h5>What are the application deadlines?</h5>The portal is open from October 12 for candidates to start applying, with companies continuing to post positions as the scheme rolls out. It’s recommended to apply early, as some positions may fill up quickly. <div type="Article" hostid="261" msid="114029056" title="Read 5 résumés that helped techies land $300,000-plus jobs at Google, Meta, Amazon, and Salesforce" mstype="2" mssubtype="0"></div>

PM Internship Scheme finally launched — here’s how you can apply to work with Reliance, TCS, SBI and more!

<ul class="summary-list"><li>Officials are warning about voter registration scams ahead of the 2024 presidential election.</li><li>Scammers are posing as get-out-the-vote groups in fake text messages.</li></ul>Did you get a text message saying you aren't registered to vote? It could be a scam.With the <a target="_blank" href="https://www.businessinsider.com/kamala-harris-leads-trump-michigan-pennsylvania-wisconsin-swing-state-polls-2024-8">2024 presidential election fast approaching</a>, officials in several states are warning about scammers pretending to be voter registration agencies.Voter registration fraud is one of the three most common scams during an election cycle, alongside cons involving political donations and fake polls, according to the <a target="_blank" href="https://www.nass.org/sites/default/files/2021-08/CSN%20Election%20Scams%20Infosheet_NASS.pdf">National Association of Secretaries of State</a>. Scammers typically contact victims by phone, text, or email — and sometimes in person — to say they need personal information to update voter registration forms.In Shasta County, California, the county clerk and election officials warned last week that a text message asking recipients to click a link to register to vote was a scam. Officials said clicking the link could trigger malware and put the victim's personal information at risk.On the other side of the country, election officials in Lake County, Florida, issued a similar warning in March. County Supervisor Alan Hays told residents to "be vigilant this election cycle for political scams that can mislead unsuspecting individuals into a frightful experience that can be difficult to overcome," <a target="_blank" class="" href="https://www.clickorlando.com/results-2024/2024/05/17/avoid-potential-voter-registration-text-scam-dont-click-on-links-elections-chief-says/">local media reported</a>.Clerks in <a target="_blank" href="https://kslnewsradio.com/2067347/beware-of-voting-scams/">Salt Lake City</a> and <a target="_blank" href="https://abc7news.com/post/election-2024-voting-scams-ca-bay-area-voter-registration-kamala-harris-donald-trump/15147997/">San Francisco</a> have issued similar warnings as well.The National Association of Secretaries of State says voters should check to see if the communication is coming from local or state election officials and be wary if anyone asks for payment to complete voter registration documents.The <a target="_blank" href="https://www.ftc.gov/news-events/news/press-releases/2008/08/ftc-cautions-consumers-about-voter-registration-scams">Federal Trade Commission</a> recommends reporting any unsolicited texts or calls from someone who says they need your Social Security number or personal or financial information to register you to vote. If you send your personal information to someone you don't know and think you may be the victim of a scam, you can visit the <a target="_blank" href="https://consumer.ftc.gov/features/identity-theft">FTC's identity theft recovery page</a> to report the fraud.The FTC recommends contacting your local election office or checking the US Election Assistance Commission's National Voter Registration Form to determine whether your state requires your Social Security number for voter registration.

Voter registration scams are now everywhere. Here's how to spot them.

<ul class="summary-list"><li>The Democratic National Committee is furthering its commitment to state parties in the 2024 cycle.</li><li>National Democrats have set aside funding for organizational efforts to aid down-ballot candidates.</li></ul>The Democratic National Committee is spending nearly $2 million in additional targeted state investments to boost down-ballot candidates and fund critical voter registration efforts ahead of November.The latest round of funding is part of the $20 million in investments the DNC has made in <a target="_blank" href="https://www.businessinsider.com/democrats-state-legislative-races-dlcc-investments-gop-abortion-economy-2024-2">state parties</a> this election cycle. This is a priority for President <a target="_blank" href="https://www.businessinsider.com/biden-irregular-disengaged-voters-trump-polling-leads-2024-5">Joe Biden</a> and party chair Jaime Harrison, even as the commander in chief faces a tough reelection fight against former President Donald Trump."Everywhere Democrats are on the ballot this November — from the school board to the White House — we're fighting to win," Harrison said in a statement.<a target="_blank" href="https://www.businessinsider.com/mitch-daniels-indiana-republicans-banks-holcomb-2024-senate-trump-2023-2">Indiana</a> and South Dakota are both controlled by Republicans at the statewide level, but the DNC sees them as prime targets for the party's latest investments.In Indiana, the national party is making a five-figure investment to enhance the state party's organizing infrastructure — as local Democrats work to flip four legislative seats and crack the GOP supermajority in the state House of Representatives. As it stands, Democrats hold 30 of 100 seats in the lower chamber.So far, the DNC has given $535,000 to Indiana Democrats this cycle.In South Dakota, national Democrats are investing $70,000 in a critical voter registration program to boost turnout among Native Americans. The investment in the state now totals $477,000.The DNC is also investing additional money for state parties in Colorado, Kansas, Maryland, Minnesota, Nebraska, New Mexico, Texas, Utah, and Washington State.Some of the key down-ballot races the national party will target with the funding are the <a target="_blank" href="https://www.businessinsider.com/maryland-primary-results-david-trone-angela-alsobrooks-wealth-2024-5">Maryland Senate</a> contest between Democrat Angela Alsobrooks and former GOP Gov. Larry Hogan and the New Mexico 2nd Congressional District matchup between Democratic Rep. Gabe Vasquez and ex-GOP Rep. Yvette Herrell.In Texas, the national party will spend an additional $45,000 on organizing efforts to boost voter registration before the fall. Republicans continue to retain their long-standing grip on Texas politics, and Democrats are looking to cultivate support among young and minority voters to counter the GOP edge in the state. Such an effort could prove especially critical in the fall as Democrats see an opportunity in <a target="_blank" href="https://www.businessinsider.com/us-senate-races-2024-election-landscape-democrats-republicans-2023-1">Rep. Colin Allred's Senate candidacy against incumbent Ted Cruz</a>.The Trump campaign announced that it <a target="_blank" href="https://www.businessinsider.com/trump-campaign-raised-141-million-in-may-double-april-2024-6">raised $141 million</a> in May alongside the Republican National Committee, with tens of millions of dollars coming in after the former president's criminal conviction in his Manhattan <a target="_blank" href="https://www.businessinsider.com/trump-hush-money-trial-verdict-conviction-explained-felon-president-2024">hush-money trial</a>. For much of this year, the RNC was largely strapped for cash, but it remained committed to important down-ballot Senate races in states like Montana and Ohio.It's unclear at this stage how the RNC will respond to Democratic investments in non-presidential battlegrounds, but party leaders largely view Hogan's race as one of their best chances to run a competitive race in a deeply blue state.

DNC is infusing $2 million into state parties in push to win key down-ballot races and boost voter registration efforts

<ul class="summary-list"><li>Ford's F-150 Lightning was the most popular EV pickup in March, per S&amp;P Global Mobility data. </li><li>Over 1,100 new Cybertrucks were registered in the month, according to the data.</li></ul><a target="_blank" href="https://www.businessinsider.com/tesla-truck-cybertruck">Tesla's Cybertruck</a> was the second-best-selling electric pickup truck in March, according to one key sales indicator.The edgy pickup was second only to Ford's F-150 Lightning, according to new vehicle registration data from S&amp;P Global Mobility that was <a target="_blank" href="https://www.autonews.com/sales/new-tesla-cybertruck-beats-rivian-r1t-march-registrations">first reported</a> by the Automotive News. During the month of March, the Cybertruck had 1,158 new registrations, while the Lightning had 2,893. Rivian's R1T, on the other hand, had only 548 new vehicle registrations.Spokespeople for Tesla, Ford, and Rivian did not immediately respond to a request for comment.<a target="_blank" href="https://www.businessinsider.com/tesla-cybertruck-price-release-event-delivery-truck-live-updates-2023-11">Tesla began deliveries</a> of the Cybertruck to its first dozen owners on November 30. Ford's electric pickup hit the market in 2022 and Rivian's in 2021.Tesla has yet to disclose how many Cybertruck's its delivered. But, there was one clue earlier this year when the company <a target="_blank" href="https://www.businessinsider.com/tesla-cybertruck-accelerator-pedal-recall-fix-includes-drilling-hole-2024-04">recalled around 3,878 Cybertrucks</a> produced between November 13 and April 4, which was basically all of the models Tesla had produced during that period.Ahead of the Cybertruck's delivery event, it had as many as 2 million reservations, according to one <a target="_blank" href="https://electrek.co/2023/09/15/tesla-cybertruck-reservations-tally-2-million/">online tally,</a> and the vehicle quickly became one of the<a target="_blank" href="https://www.businessinsider.com/tesla-cybertruck-new-status-car-celebrities-billionaires-2024-2"> hottest status symbols for celebrities.</a>Some <a target="_blank" href="https://www.businessinsider.com/tesla-cybertruck-reservation-holders-reconsidering-price-range-power-2023-12">reservation-holders</a> told Business Insider after the vehicle's debut in 2023 — when the truck was presented over budget and with a lower range than initially advertised — that they were reconsidering the purchase.Meanwhile, Ford and Tesla alike have been dealing with an industry-wide EV sales slowdown. In April, Tesla posted its <a target="_blank" href="https://www.businessinsider.com/tesla-sales-deliveries-q1-elon-musk-disappoint-fsd-2024-4">first year-over-year quarterly decline</a> since 2020. And in March, Ford <a target="_blank" href="https://apnews.com/article/ford-jobs-electric-vehicles-f150-lightning-5f0e062efcd63f2d974221438dcd86a5">announced</a> plans to slim down its workforce at the factory that builds the F-150 Lightning.Do you work for Tesla or have a tip? Reach out to the reporter via a non-work email and device at gkay@businessinsider.com or 248-894-6012

Tesla Cybertruck takes second place to Ford F-150 Lightning, new monthly registration data shows

<ul><li>Mumbai’s <keyword id="13353446" type="General" weightage="20" keywordseo="home-registrations" source="Orion">home registrations</keyword> topped 10,000 for the third consecutive month in August.</li><li>New <keyword id="826584" type="General" weightage="20" keywordseo="metro-lines" source="Orion">metro lines</keyword> have become operational driving demand in new micro markets.</li><li>Western suburbs are seeing a lot of new launches, while Kanjurmarg, Dombivli and Navi Mumbai are seeing traction too. </li></ul>India’s most valuable real estate market has been on an upswing — for the third consecutive month in August, its monthly housing units registered were over 10,000. The number of home registrations in August were up 27% when compared to the same period a year before, while their overall value was up 26% — indicating that the market is growing in both value and volume. “The Mumbai market has been stable despite interest rate hikes and the levy of metro cess. Increase in wages and employment opportunities and return-to-work scenario are expected to keep home buying activity healthy,” said a report by Nuvama which believes that the sales would improve going ahead and large developers will benefit most from the trend. Metro lines &amp; new markets Real estate experts say that many trends are driving this change, including stabilisation in interest rates, the post pandemic-era need for large living spaces and the entry of young home buyers into the market. Within Mumbai, however, accelerated new launches as well as improvement in infrastructure — is propelling growth across micro markets. “The upward trajectory is also fueled by the government's progressive policies and infrastructure investments across MMR. With new Metro lines, flyovers and roads, the connectivity factor has played a major role in offering options at newer locations, which often come at more efficient prices,” said Lucy Roychoudhury, head of sales and marketing at Runwal Group. Homebuyers are also now confident of real estate as an asset class, comments Dhaval Ajmera, director, Ajmera Realty &amp; Infra adding that the growth in sales is due to the-dual effect of the need to upgrade to a bigger and better living spaces and focused impetus on infrastructural developments across the city. Rise in re-development projects, rising rentals are also driving people towards home buying. Pockets of growth Apart from the existing Versova to Ghatkopar metro line, the Dahisar to DN Nagar line has become operational along with Dahisar to Andheri. Moreso, seven more lines cutting across Mira Road, Vikhroli, Wadala and more are under construction along with Navi Mumbai lines cutting Kharghar, Belapur and more. “The operationalisation of the second phase of two metro lines seems to have benefited the real estate activity in this region,” said Anuj Puri, chairman of Anarock Group. The highest number of new launches in April to June 2023 shows that the highest number was recorded in the Western suburbs at 55%, says data by Anarock. “Housing demand in relatively newer micro-markets like Kandivali, Ghatkopar, and Kharghar has seen a sharp rise,” says Arun Sharma, AVP of sales &amp; marketing at Viceroy Properties. Locations such as Kanjurmarg, Vikhroli, Dombivli and a few others in Navi Mumbai, have emerged as new points of interest in MMR, says Roychoudhury. Even as patterns are changing, the love for ‘large homes’ are intact as properties priced above ₹2.5 crore accounted for a fifth of the launches — and the market is still skewed towards high-end and ultra-luxury segments. The ultra-luxury segment includes HNIs and UHNIs looking to close favourable deals by utilising the gains made through other investment avenues, primarily the booming stock markets,” says Puri.

Mumbai’s rising metro connectivity fuels home sales in new micro markets

<ul><li>As many as 12,602 housing units were registered in Mumbai between Navratri until Bhai Dooj.</li><li>The festive fervour has made the state exchequer richer by ₹1,257 crore.</li><li>Approximately 40% of residential units are sold during the last quarter of the year, say experts. </li></ul>India’s consumption story is a tale of two Indias. Even as consumer companies are battling a slowdown, demand for real estate has not cooled despite rising interest rates. It’s been a great festival season for Mumbai’s real estate developers, which is one of the most expensive real estate markets in the world. As many as 12,602 units were registered between Navratri until Bhai Dooj – that’s October 15-November 15, 2023. It represents a 30% growth over last year’s festival period, as per <keyword id="151748" type="General" weightage="50" keywordseo="knight-frank-india" source="Orion">Knight Frank India</keyword>. Thanks to as many as 407 units being registered per day, the festive fervour has made the state exchequer richer by ₹1,257 crore. “Mumbai city embraced the auspicious festive period with a remarkable surge in property registrations, reflecting a heightened commitment to high-value investments. As the festive season continues, registration volumes are expected to remain robust, fuelled by favourable market conditions, including moderately increasing property prices and stable policy interest rates,” said Shishir Baijal, Chairman &amp; Managing Director, Knight Frank India. The surge was much expected due to a combination of factors like stable interest rates and the growing love for more spaces. Most experts have been betting on the real estate sector’s prospects this year. They also hope that 2023 as a whole will surpass 2022’s home sales. Moreso, the festive season is key for most developers because a large chunk of home sales take place during the period. “Approximately 40% of residential units sold annually close during the last quarter of the year. According to industry estimates, house sales in 2023 will likely be 20–30% higher than in 2022, given the current holiday season and the fact that sales are already approaching 2022 levels,” said Manju Yagnik, VC of Nahar Group. Anshuman Magazine, Chairman &amp; CEO - India, South-East Asia, Middle East &amp; Africa, CBRE also said that he expects the festive season sales to boost the momentum already seen through 2023. Developers too have been offering schemes and incentives to lure in buyers, especially first-time buyers. “As the residential cycle matures amidst inflationary pressures, we have witnessed increasing demand in the mid-end and premium categories. Conversely, the premium and luxury segment is expected to emerge as a sought-after investment avenue, particularly for HNIs and NRIs seeking to safeguard their investments amid global macroeconomic uncertainties,” said Magazine.

Mumbai property registrations jump 30% during festive season compared to last year

<ul><li><keyword id="15681942" type="General" weightage="20" keywordseo="chatgpt" source="Orion">ChatGPT</keyword>’s Android application is scheduled to be launched next week.</li><li>The application is currently available for registrations on the Play Store.</li><li>ChatGPT was launched in November 2022 and the iOS application was released in May 2023.</li></ul>OpenAI’s popular artificial intelligence (AI) chatbot ChatGPT is all set to get its Android application next week. The iOS application for ChatGPT was<a href="https://www.businessinsider.in/tech/news/the-official-chatgpt-app-for-iphones-is-here/articleshow/100338520.cms"> launched</a> in May and Android users will finally be able to get a dedicated app on their smartphone. ChatGPT was launched in November 2022 and it took the internet by storm, attracting over a 100 million users within two months of its launch. The AI chatbot allows users to ask questions and get answers to a host of questions, ranging from simple questions like history of a place to complex coding questions. <cmsannotation type="cmsannotation" annotationid="How to register for ChatGPT for Android" comment="subhead" text="How to register for ChatGPT for Android">How to register for ChatGPT for Android</cmsannotation> You can pre-register for the <keyword id="15988931" type="General" weightage="20" keywordseo="chatgpt-app" source="Orion">ChatGPT app</keyword> on your Android smartphones, so that you get access to the app immediately after it is launched. <ul><li>Go to the Google Play Store and search “ChatGPT” or click<a href="https://play.google.com/store/apps/details?id=com.openai.chatgpt"> here</a>. </li><li>Now, click on “Install” and then click on “Ok”. </li></ul>Now that you have registered for the app, it will be automatically installed on your smartphone once it is launched. If you do not wish to install the application, you can click on “Unregister” or turn off the “Automatic install” option. <cmsannotation type="cmsannotation" annotationid="Android application to offer easier access" comment="subhead" text="Android application to offer easier access">Android application to offer easier access</cmsannotation> The Android application of ChatGPT will enable easier and quicker access to the chatbot for users. Currently, Android users need to use a browser to get access to ChatGPT and this will change once the Android application is released. ChatGPT offers several features, it can be used to make your life simpler. Whether you use it to get answers to questions relating to your work or to simplify complex text, it is able to handle these tasks easily. SEE ALSO: <a href="https://www.businessinsider.in/tech/gadgets/news/after-smartwatches-the-next-wave-of-wearables-may-be-led-by-smart-rings/articleshow/102081592.cms">After smartwatches, the next wave of wearables may be led by smart rings</a> <a href="https://www.businessinsider.in/business/news/netflix-india-ends-password-sharing-outside-households/articleshow/101976844.cms">Netflix India ends password sharing outside households – Here’s how it will work</a> <a href="https://www.businessinsider.in/tech/mobile/news/samsung-galaxy-z-fold-5-z-flip-5-galaxy-watch-series-6-and-more-set-to-launch-july-end/articleshow/101538049.cms">Samsung Galaxy Z Fold 5, Z Flip 5, Galaxy Watch Series 6 and more set to launch July-end</a>

Android users to finally get ChatGPT next week as registrations open

<ul class="summary-list"><li>Taylor Swift helped Vote.org reach its most successful Voter Registration Day in three years. </li><li>She posted an Instagram story on Tuesday urging her followers to register to vote on Vote.org. </li></ul>Vote.org saw the largest National Voter Registration Day since 2020 on Tuesday — and it's thanks in large part to Taylor Swift.Swift posted an <a href="https://www.instagram.com/taylorswift/?hl=en">Instagram</a> story that day urging her 272 million followers to register to vote on Vote.org."Are you registered to vote yet?" Swift wrote. "I've been so lucky to see so many of you guys at my US shows recently. I've heard you raise your voices, and I know how powerful they are. Make sure you're ready to use them in our elections this year!" She then posted a link to Vote.org, noting for her followers that it takes less than two minutes to register. According to data shared with Insider by Vote.org, 35,252 people registered to vote and 157,041 eligible voters visited the site on Tuesday.That's a 22.5% jump in total registrations from last year and a 115% increase in 18-year-olds compared to 2022. "During the day on Tuesday, we saw a 1,226% jump in participation the hour after Taylor Swift posted. Our site was averaging 13,000 users every 30 minutes — a number that Taylor Swift would be proud of," Andrea Hailey, CEO of Vote.org, said in a statement shared with Insider, referring to <a href="https://www.tennessean.com/story/entertainment/2023/06/13/taylor-swift-number-13-why-the-unlucky-digit-is-lucky-to-her/70277707007/">Swift's favorite number</a> (13). Hailey added that Tuesday was "record-breaking."Swift has been working with Vote.org for "several years," they said, to urge her fans to get out and vote. Notably <a href="https://www.insider.com/timeline-of-taylor-swifts-politics-2018-10#after-her-instagram-post-went-live-swift-started-interacting-with-her-fans-posts-about-politics-on-tumblr-12">politically silent until 2018</a>, Swift has since spoken out in <a href="https://www.businessinsider.com/taylor-swift-endorsement-politics-2018-10">support of Democratic candidates</a>. She officially <a href="https://www.insider.com/taylor-swift-voting-joe-biden-president-endorsement-v-magazine-2020-10">endorsed Joe Biden</a> ahead of the 2020 election.

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