A video of him commenting on Indore’s top cleanliness ranking led to the filing of a non-cognizable crime information report against him

Entrepreneur Ashneer Grover responded to a defamation lawsuit brought against him for remarks he made on Indore’s top ranking in the Center’s cleanliness study with a stern tweet. In response to the argument, he apologized to Indore but said that he was “not sorry to any politician.”

Notably, a video of him commenting on Indore’s high ranking in the Center’s cleanliness assessment and allegedly saying it had been “bought” led to the registration of a non-cognisable offence information report against him on Monday. For six years running, the city has led the Swachh Sarvekshan survey conducted by the Center.

Sorry. No regrets. I’m sorry, Indore. You have a city and wonderful people. Politicians, though, are intolerant everywhere. Making unnecessary politics out of a jokey comment made during a lighthearted discussion on Bhopal vs. Indore. No offense was intended, just where the audience enjoyed it. No one has taken any. No one was even in the room being offended at this point, Mr. Grover said on X.

He continued by saying he doesn’t give a damn about filing a FIR and asserting that he isn’t “a pushover” and “won’t be bullied.”

Not Sorry to Any Politician, he continued. Ever. No one. any one. Launch a FIR. submit a case. I am not a pushover and won’t be intimidated, therefore it doesn’t matter. Avoid creating a problem where there is none. Despite the fact that it is an election year, people are wise. Indians are quite intelligent. I’ll visit Indore whenever and however often I please.

He ended by declaring that Bhopal is his favorite city and that it is ”India’s best city.”

Mr Grover was heard in the film saying at an event in Indore, “See, there is a concept – playing to the gallery, that is, wherever you go, praise it saying I have never seen such a nice city.” Now my problem is that I’ve been hearing for three or four years that Indore is the cleanest city…you bought the survey. It’s an easy matter.”

Mr Grover, on the other hand, quickly emphasized that he was not referring to dirt in Indore, but rather to the city’s numerous development projects. Pushyamitra Bhargava, the mayor of Indore, called his statement “an insult to the hard work of the city’s people and sanitation workers for cleanliness.”

To strengthen its position in generative artificial intelligence, Amazon has announced a strategic investment of up to $4 billion for a minority share in Anthropic, an AI firm

The world’s largest online retailer, Amazon.com, has made a big move to increase its position in generative artificial intelligence by announcing a strategic investment of up to $4 billion in the AI firm Anthropic. According to Bloomberg (a software business), this agreement not only entails a large cash investment but also gives Anthropic access to Amazon’s powerful computer capacity.

Amazon’s AI-Related Strategic Move

This substantial $4 billion investment in Anthropic shows Amazon’s dedication to strengthening its position inside the AI industry. Despite the fact that it might not have an immediate financial effect on Amazon’s cloud-services division, it shows the company’s resolve to compete with market leaders, particularly Microsoft, in the field of artificial intelligence.

A Safer Approach to AI using Anthropic

Anthropic, which was established by former employees of OpenAI, has attracted a lot of interest and money for its goal of creating safer AI systems. The business wants to develop chatbots and AI programmes that put safety and dependability first while carrying out coding, searching, question-answering, and summarising duties. Notably, Google, a significant participant in the IT sector, has already invested close to $400 million in Anthropic, illustrating the broad interest in the firm’s vision for AI safety.

Increasing Amazon’s Internal Chip Production

This alliance will have a big impact on Amazon’s own chipmaking operations in addition to the financial expenditure. For use in machine learning applications, Amazon has been creating its own processors, such as Trainium and Inferentia. Through the partnership, Anthropic will use AWS chips to develop and train the fundamental models needed for upcoming AI applications. This represents a collaborative strategy for enhancing the AI capabilities of both businesses.

Andy Jassy, CEO of Amazon, on the Collaboration

Andy Jassy, CEO of Amazon, expressed enthusiasm for the partnership and said, “Through our deeper collaboration, we can help improve many customer experiences, short- and long-term.” He also emphasised Amazon’s enthusiasm for Amazon Bedrock, a new managed service offered by AWS that enables businesses to use a variety of foundation models to create generative AI applications.

Jassy emphasised that the partnership with Anthropic would increase the value offered to clients through products like Amazon Bedrock and the AI training chip AWS Trainium.

The Sovereign Gold Bond Scheme (SGBs) 2023–24 second series went on sale today, or on September 11. You have till September 15 to invest in this

This time, the cost of gold per gramme has been set at Rs 5,923. This is an investment that may be done both online and offline.

You save Rs 50 when you apply online, thus the price per gramme will be Rs 5,873. You can invest in 24 carat gold, or 99.9% pure gold, with a sovereign gold bond.

Sovereign Gold Bond: What Is It?

A government bond is a sovereign gold bond. It is transformable into demat. The price of the bond will be equal to the cost of five grammes of gold if the bond is made of that amount of gold. The RBI has issued it.

Purchase of 24 carat, or 99.9% pure, gold

You can invest in 24 carat gold, or 99.9% pure gold, with a sovereign gold bond. SGB investments yield an annual interest rate of 2.50%. A loan may also be obtained against the bond if funds are required.

The bond’s price is determined by the announced rate of the Indian Bullion and Jewellers Association Limited, or IBJA. The average of the rates from the last three days of the week preceding the subscription term is calculated in this case.

There are no concerns about purity or safety.

There is no need to be concerned about SGB accuracy. The price of gold bonds is tied to the price of 24 carat purity gold reported by the Indian Bullion and Jewellers Association (IBJA), according to the National Stock Exchange (NSE). Along with this, it can be held in the form of demat, which is quite safe and does not cost anything.

Maximum gold investment is 4 kilogramme.

A individual may invest up to 4 kilogrammes of gold using SGBs during the course of a fiscal year. The investment cap of 4 kg will only apply to the first applicant in a joint owning situation. While 20 kg is the maximum weight that each trust may purchase.

When selling bonds before eight years, tax is due.

The Sovereign currency has an 8-year maturity period. There is no tax on the earnings earned from it after the maturity period has passed. However, if you remove your money after five years, the profit you made would be subject to Long Term Capital Gain (LTCG) taxes, which are levied at a rate of 20.80%.

The RBI has provided numerous choices for investment in it, and you can also invest offline. Through bank branches, post offices, stock exchanges, and the Stock Holding Corporation of India (SHCIL), investments can be made. An application form must be filled out by the investor. These bonds will then be transferred to your demat account after money has been deducted from your account.

PAN is required in order to invest. All banks, Stock Holding Corporation of India Limited (SHCIL), and reputable stock exchanges National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE) will participate in the sale of these bonds.

In 7 years, it returned 120%.

The price per gramme was Rs 2,684 when the Sovereign Gold Bond Scheme was established in 2015-16. There was a Rs 50 discount on this. That is, the price had increased to Rs 2,634. The recently announced series of Sovereign Gold Bonds costs Rs 5,923. This price has now dropped to Rs 5,873 after a Rs 50 rebate. In this manner, this programme has provided returns of approximately 120% over the last 7 years.

How about making a purchase?

Ajay Kedia, Director of Kedia Commodity, advises long-term gold investments since they will not be impacted by market volatility and will provide the desired profits. For at least three to five years, it would be beneficial to earn returns in gold. By June 2025, it might cost Rs 65,000 per year and Rs 75,000 for 10 grammes.