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Business News LIVE Updates – September 24, 2024

Overview: Stay informed with real-time updates on the latest significant developments in the business world, including stock market performance, economic policies, and influential figures.

Major Headlines Today

Latest Update (Sept 24, 2024): Elon Musk presented Italy’s Prime Minister, Giorgia Meloni, with the prestigious Global Citizen Award, recognizing her unwavering support for the European Union. In her acceptance speech, Meloni raised concerns regarding uncontrolled migration and underscored the critical importance of regulating artificial intelligence (AI) to mitigate any potential global disparities.

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Stay connected for comprehensive updates on renowned business magnates and investors like Bill Gates, Elon Musk, Mukesh Ambani, and Gautam Adani. You can also keep an eye on the latest fluctuations in gold and silver prices. Make sure you never miss an update in the business realm by following us closely. Disclaimer: This live blog has been generated by AI and has not undergone editorial review by the Hindustan Times team.
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Continuous Updates

Follow along with our latest updates throughout the day:

Elon Musk Celebrates Giorgia Meloni

• Time: 11:09 AM IST
• Highlight: Elon Musk recognized Giorgia Meloni’s authentic leadership qualities at the Atlantic Council Global Citizen Award ceremony held in New York. His praise underscores her commitment to the EU and her leadership style that is characterized by transparency and truthfulness.

Jamie Dimon Discusses India’s Growth Potential

• Time: 10:50 AM IST
• Highlight: JPMorgan’s CEO, Jamie Dimon, expressed his optimistic outlook on India’s economic growth trajectory, suggesting that the nation is well-positioned to achieve a staggering $7 trillion economy by the year 2030. His focus on financialization and infrastructure reforms reinforces his confidence in India’s future.

Gold and Silver Price Updates

• Time: 10:15 AM IST
• Highlight: Today’s market shows the price of 10 grams of 24-carat gold listed at Rs. 76,333 in Delhi, while the cost of 1 kg of silver is reported at Rs. 96,000. Investors and potential buyers should keep these figures in mind as they navigate the precious metals market.

Sensex and Nifty Hit Record Highs

• Time: 10:01 AM IST
• Highlight: The Sensex index has crossed 85,000 for the first time, with Nifty reaching a fresh all-time high, signaling robust market performance and investor confidence.

Melinda French Gates on Billionaire Responsibilities

• Time: 9:58 AM IST
• Highlight: Melinda French Gates articulated her discomfort with being a billionaire, underlining the enormous responsibilities it entails about her net worth ranging between $11 billion to $13.5 billion.

Indian Cinema Recognized at the Oscars

• Time: 9:20 AM IST
• Highlight: The film "Laapataa Ladies," directed by Kiran Rao, has made India’s official entry for the Oscars 2025, showcasing the country’s cinematic talent on an international stage.

OpenAI Faces Hacking Incident

• Time: 9:13 AM IST
• Highlight: OpenAI is probing a recent security breach where its news account was hacked, leading to unauthorized posts about cryptocurrency, amid ongoing concerns regarding account security for its employees.

Regulatory Challenges for Ambani Family

• Time: 8:29 AM IST
• Highlight: Jai Anmol Ambani has been subjected to a ₹1 crore fine by SEBI following an investigation into irregularities within Reliance Home Finance, particularly tied to the sanctioning of ₹40 crore in unsecured loans.

China Targets Economic Growth via Interest Rate Cuts

• Time: 8:15 AM IST
• Highlight: In an effort to achieve its growth target of around 5% for the fiscal year, China’s central bank declared several economic measures, including slashing key interest rates and adjusting mortgage rates downwards.

How AI legalese decoder Can Assist

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