India's central bank is widely expected to keep interest rates steady and retain its tighter monetary stance at its policy review on Friday amid robust economic growth and an uncertain inflation outlook. However, a weakened mandate for the ruling Bharatiya Janata Party-led National Democratic Alliance has raised concerns about a potentially slower pace of fiscal consolidation alongside increased welfare spending. Such a scenario could pose a risk to India's inflation and monetary policy outlooks over the medium to longer-term.
Linq, a generative AI startup, announced that its large embedding model "Linq-Embed-Mistral" ranked first in the text retrieval evaluation on HuggingFace's "Massive Text Embedding Benchmark (MTEB)" leaderboard, outpacing competitors like NVIDIA, Salesforce, Google, OpenAI, and Cohere. This evaluation is run by HuggingFace, the world's largest machine learning platform.
Cadogan Estates brought in £216 million of income from its lands, which include much of Sloane Street and the Kings Road
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