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17.12 / 14:59
markets Strategy Software community Myanmar Investigations peace Unexploded mortar found near Manipur CM's residence in Koirengei
unexploded mortar bomb was discovered near Koirengei, in the close vicinity Luwangshangbam, close to the private residence of Chief Minister N. Biren Singh, on Tuesday. A police official said the 51 mm unexploded mortar bomb was found. An investigation has been launched to ascertain the source of the live bomb and the motive behind its placement so close to the Chief Minister’s residence. One more person was arrested in connection with Saturday's killing of two migrant workers from Bihar. Total number of arrests made now stood at eight.
17.12 / 14:27
markets Strategy Software Discover track rock Is the planet Earth in danger? What was found in the asteroid belt between Jupiter and Mars by the James Webb Space Telescope?
asteroid belt between Jupiter and Mars were found by the James Webb Space Telescope. Some are going to Earth. The asteroids that kill dinosaurs are larger than these. However, they continue to pose a threat. Ten years ago, a tiny asteroid exploded over Russia. To track these asteroids, scientists have developed new techniques. This lessens the impact on Earth. With the use of historical data from the James Webb Space Telescope (JWST), astronomers have made a significant discovery. In the asteroid belt between Mars and Jupiter, they discovered an incredibly high number of small asteroids. The enormous space rocks that led to the extinction of dinosaurs are much larger than these tiny asteroids, which range in size from a bus to multiple stadiums.
17.12 / 14:27
Netflix film show stars Features Videos From Yo Yo Honey Singh: Famous to What If...?: season 3 to Beast Games: Watch latest OTT releases on Netflix, Prime Video, Disney+ Hotstar
Yo Yo Honey Singh from the creators of the Oscar-winning The Elephant Whisperers, the much-awaited return of Marvel’s animated anthology What If...? with its third and final season, and Beast Games, an adrenaline-packed reality show by MrBeast. With a variety of exciting titles arriving on Disney+ Hotstar, JioCinema, Netflix, Amazon Prime Video, and more, there's plenty to look forward to for every streaming enthusiast.
17.12 / 14:27
markets UPS Digital Strategy Software performer This wonder drug keeps Wall Street's bankers going for 90 hours a week; what is it, and why is it in massive demand?
Wall Street bankers in the last decade, and the Wolf of Wall Street helped popularize the culture. However, with some legal complications around cocaine, bankers are now turning to rapid consumption of Adderall in order to survive their lengthy 90 hours a week work shifts.
17.12 / 14:27
markets COST BLOCK Waters Strategy Software IISc-incubated startup develops eco-friendly cement, claims it saves construction cost
Indian Institute of Science (IISc) has said it has developed an eco-friendly cement alternative using the Geopolymer technology. The innovation aims to not only cut carbon emissions compared to traditional Ordinary Portland Cement (OPC), but also promises zero use of water. The new tech, IISc team claims, would offer 15-20% cost advantage . The startup, Novacret claims that for every square foot of pavers it produces, it saves approximately 2.04 kg of CO2 emissions as compared to OPC. When ET spoke to one of the four cofounders, Nanjunda Rao K S who is also chief research scientist at IISc said, “ Geopolymer technology involves using industrial byproducts like fly ash from thermal power plants and ground granulated blast furnace slag (GGBS) from the steel industry as binding materials.” He added that initially fly ash and GGBS were used only as partial replacements for Portland cement in concrete but now act as complete replacement. “The benefits are significant, geopolymer-based materials achieve full strength in just three days in tropical climates like India, compared to the 28 days required for Portland cement.” The material is suitable for precast construction, where components like paving blocks can be made in advance, studies by the startup have highlighted.
17.12 / 14:27
markets security Strategy Yellow Trade Experts performer Gold snaps 2-day losing streak; US Fed policy in focus
demand, according to the All India Sarafa Association. Besides, the US Federal Reserve, which starts its two-day monetary policy meeting on Tuesday, is expected to announce its interest rate decision, which could have an impact on the overall gold performance next year. The precious metal of 99.9 per cent purity ended at Rs 78,350 per 10 grams on Monday.
17.12 / 14:27
markets Strategy Software awards Experts PAM Schools RBI lifts business restrictions on two Edelweiss Group entities
Reserve Bank of India (RBI) on Tuesday lifted the business restrictions imposed on two key entities of the Edelweiss Group, ECL Finance Ltd and Edelweiss Asset Reconstruction Company Limited, with immediate effect. This decision comes after the companies implemented remedial measures to address supervisory concerns raised earlier. On May 29, 2024, the central bank had invoked its powers under the Reserve Bank of India Act, 1934 and the SARFAESI Act, 2002, imposing specific business curbs on the two entities.
17.12 / 14:27
markets Strategy Software Boxing President Olympics International India to host World Boxing Cup Final in November 2025
The tournament will be the first international event hosted by the BFI after opting to join the new governing body earlier this year. The last time BFI hosted an international event was the International Boxing Association (IBA) Women's World Boxing Championship in 2023.
17.12 / 14:27
markets Software pandemic Experts Virus infection strain Bird Flu Threat: Is the Next Human Pandemic Coming?
Bird flu, specifically the H5N1 strain, is raising global health concerns due to its potential to mutate and pose a serious threat to humans. While current human infections remain low-risk and largely mild, experts warn of the importance of preparation to avoid a future pandemic. The virus, which has devastated bird populations and affected mammals like sea lions and dairy cows, could mutate to spread human-to-human, a scenario health authorities are closely monitoring. The H5N1 strain has increasingly been found in mammals, with confirmed mammal-to-mammal transmission among dairy cows in the U.S. Though the strain is currently unable to spread human-to-human, a single mutation could enable this, making it a top pandemic threat. Reports highlight mild symptoms in recent human infections in the U.S., contrasting with severe cases in other regions, such as Canada, where a teenager remains hospitalized due to H5N1 pneumonia. Also Read: This wonder drug keeps Wall Street's bankers going for 90 hours a week; what is it, and why is it in massive demand?
17.12 / 14:27
markets CEO Strategy Software performer Interviews Klarna CEO Sebastian Siemiatkowski claims AI can now perform all tasks, stops hiring humans
Klarna, a leading fintech company, is making waves after its CEO, Sebastian Siemiatkowski, stated that artificial intelligence (AI) is now capable of performing nearly all tasks that were once handled by human employees. In an interview with Bloomberg TV, Siemiatkowski discussed the rapid advancement of AI and its growing role in the workforce, raising important questions about the future of employment. Siemiatkowski revealed that Klarna, known for its «buy now, pay later» services, has not hired any new staff in the past year, leading to a natural reduction in its workforce. The company, which once employed 4,500 people, now has 3,500 employees. This reduction, according to Siemiatkowski, was a result of a typical 20% annual attrition rate seen in tech firms, meaning that about 20% of employees leave every year. Rather than hiring replacements, Klarna chose to let the workforce shrink. “We have a natural attrition like every tech company. People stay for about five years, so 20 per cent leave every year. By not hiring, we are simply shrinking,” he explained. Despite the workforce reduction, Siemiatkowski assured that the current employees’ salaries would not be negatively impacted. He noted that as the company’s salary costs decrease due to fewer employees, the savings could lead to higher pay for those who remain.
17.12 / 14:27
markets Reuters Digital Strategy Software Department US retail sales beat expectations in November
Retail sales jumped 0.7% last month after an upwardly revised 0.5% gain in October, the Commerce Department's Census Bureau said on Tuesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, advancing 0.5% after a previously reported 0.4% rise in October.
17.12 / 14:25
COST Citi MET FIVE Align The home you want to buy already has a loan on it. What should you do?
Subscribe to enjoy similar stories. It’s not uncommon to find home buyers who want to sell their property before paying back the loan on it. Take the case of Aarav, who was looking to shift to a different city.
17.12 / 14:25
markets UPS IPO Digital Platform InCred Financial aims for a Diwali ’25 IPO
Subscribe to enjoy similar stories. InCred Financial Services Ltd aims to raise ₹4,000-5,000 crore ($471-588 million) in an initial public offering late next year, less than two years after the KKR-backed fintech startup earned its unicorn stripes, two people familiar with its plans told Mint. The issue is expected to be valued at ₹15,000-22,500 crore ($1.78-2.6 billion), one of them said, adding that InCred will shortly finalise merchant bankers to manage its IPO.
17.12 / 14:25
CEO Software Universities performer information Colleges His startup is now worth $62 billion. It gave away its first product for free.
Subscribe to enjoy similar stories. When he was in college in Sweden, Ali Ghodsi read an article about a chief executive who was hired to save a struggling tech company. It reminded him of the surgeries his parents, both doctors, performed while he was growing up.
17.12 / 14:15
markets COST security Strategy Morningstar Research social Why new retirees may need to rethink the 4% rule
A popular retirement strategy known as the 4% rule may need some recalibration for 2025 based on market conditions, according to new research.
17.12 / 13:51
Manufacturing awards WhatsApp Trade show country Investment of Rs 1.46 lakh cr realised across 14 PLI sectors till Aug
Production Linked Incentive (PLI) Schemes for 14 key sectors have been announced with an outlay of Rs 1.97 lakh crore to enhance manufacturing capabilities and exports. «As on August 2024, across 14 sectors, investment of Rs 1.46 lakh crore have been realised, which has resulted in incremental production/sales of over Rs 12.50 lakh crore, employment generation of over 9.5 lakhs, and exports surpassing Rs 4 lakh crore,» he added. Incentives of Rs 2,968 crore in eight sectors and Rs 6,753 crore in nine sectors during 2022-23 and 2023-24, respectively, have been disbursed.
17.12 / 13:51
awards WhatsApp cover rights Birla Estates acquires 70.92-acre land parcel in Boisar for Rs 104.3 crore
Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate has acquired a land parcel covering 70.92 acres in Boisar in Maharashtra for Rs 104.3 crore. In September, the company concluded the deal to acquire over 24.5-acre land parcel in Thane’s Kalwa locality from Hindalco Industries for over Rs 537 crore. The board of directors of Hindalco Industries had approved this sale of land in July to Ekamaya Properties, a wholly owned subsidiary of Birla Estates. Prior to that, the developer, formerly known as Century Textiles and Industries, acquired the ownership rights of around 10-acre leasehold land parcel in Mumbai’s prime Worli locality from Wadia Group Chairman Nusli Wadia for Rs 1,100 crore.
17.12 / 13:51
markets Provident Strategy Research trends Trade Universities Sebi overhauls regulatory frame work for investment advisers, research analysts
Markets regulator Sebi has amended norms governing investment advisers (IAs) and research analysts (RAs) to facilitate ease of doing business by providing relaxation in eligibility criteria for registration and simplifying the compliance requirements. In two separate notifications, Sebi said the minimum qualification requirement has been reduced to a graduate degree in specified fields and net-worth requirement has been replaced with the requirement of deposits. Further, it has introduced «part-time investment advisor» and «part-time research analyst» and the definition of investment advice/research service has been tweaked to exclude trading calls.
17.12 / 13:51
markets Digital Software awards Research Trade PAM Exclude precious metals from FTA ambit: GTRI
precious metals from its free trade agreements (FTA) so as to curb speculative imports, safeguard foreign exchange reserves and protect India’s trade balance and economic resilience, think tank Global Trade Research Initiative (GTRI) said Tuesday. Gold imports reached a staggering $14.9 billion in November 2024, accounting for 21.2% of India’s total merchandise imports of $70 billion and for the first time, gold surpassed crude petroleum as the country’s largest single import item. Most gold enters India as bars and rods with 99.99% purity, but traders are also using other tariff-free or concessional categories to bypass import duties such as platinum alloys from Dubai, gold compounds and noble metal solutions from Japan, and gold and silver jewelry from Indonesia. These routes push actual gold imports to much higher levels than official figures suggest.
17.12 / 13:51
Platform Entertainment Software DISH Trade innovations International Dish TV India partners C21 Media to launch content trade event
Dish TV India has collaborated with UK-based C21 Media to launch a trade event, Content India, aimed at positioning India as a global content powerhouse. Scheduled for April 1-3, 2025, the three-day summit will lay the groundwork for the comprehensive Content India 2026 event. Modeled on the globally successful formats of C21 Media’s Content London and Content Americas, the event will integrate a marketplace, conferences, and networking opportunities to connect creators, producers, distributors, platforms, and channels. Dish TV India, a leading content aggregator and distributor, aims to establish Content India as a pivotal platform to showcase Indian content globally while attracting international players to explore opportunities within India.
17.12 / 13:45
COST UPS Target Strategy CIBC Courts Interviews CIBC's Dodig favours small wealth acquisitions over big deals
After years of lagging returns and more recent concerns over U.S. office loans, Canadian Imperial Bank of Commerce has turned a corner with investors. Chief executive Victor Dodig says he won’t put that at risk with acquisitions that reduce shareholder value.

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