Tech shares were back under pressure Friday, leading major indices lower as President Donald Trump dismissed worries about an artificial intelligence stock bubble."No, I love AI. I think it's going to be very helpful," Trump said in response to an AFP reporter about whether there is an AI bubble
Telangana mulls new law to deduct salary of govt employees who neglect their parents

Telangana is preparing to pass legislation to promote familial responsibility. Under the proposed law, government employees who fail to support their parents will see deductions of 10 to 15% taken from their salaries.
Telangana will introduce legislation under which, if a government employee neglects their parents, 10 to 15 per cent of their salary will be deducted and given to the neglected parents, Chief Minister A Revanth Reddy said on Saturday.
Addressing a gathering before handing over appointment letters to newly selected group-II employees, Reddy urged them to be compassionate toward people who approach them with problems.
"We are bringing a law. If a government employee neglects his or her parents, 10 to 15 per cent of the salary will be deducted and deposited into the parents' bank account. You will be the ones to draft the legislation. Just as you receive a monthly salary, we will ensure that your parents also receive a monthly income from it," Reddy said.
Reddy asked Chief Secretary Ramakrishna Rao to form a committee of officials to draft the legislation.
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Source: EconomicTimes
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Tech shares were back under pressure Friday, leading major indices lower as President Donald Trump dismissed worries about an artificial intelligence stock bubble."No, I love AI. I think it's going to be very helpful," Trump said in response to an AFP reporter about whether there is an AI bubble
3 months ago