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14.12 / 03:09
markets DOW Analysis Broadcom Trade Experts US stocks close flat as Nasdaq extends weekly gains, S&P 500 and Dow dip
Broadcom forecast quarterly revenue surpassing Wall Street expectations and predicted robust growth in demand for its custom AI chips over the next few years. The optimistic outlook propelled the company's shares 24% higher, pushing its market capitalization past $1 trillion for the first time.
14.12 / 03:09
markets Software wellness information Schools peace Our group will move to Delhi at noon, says farmer leader Sarwan Singh Pandher
Sarwan Singh Pandher stated that a group of farmers will proceed 'peacefully' towards Delhi as part of their ongoing protest. Speaking to ANI, farmer leader Pandher stated that the government must arrange a talk if it is serious about resolving the matter. «Our third group, headed by Jaswinder Singh Longowal and Malkit Singh, will proceed from here peacefully, sharp at 12,» Pandher said.
14.12 / 01:15
markets UPS Apple NVIDIA Broadcom reports Apple is planning to take on Nvidia which could threaten the chipmaker's market share; here's what the iPhone maker is planning to do
AI GPUs, its stock prices have now hit the roof, and that has now got the rapt attention of Apple, as they too want to enter the chipmaking field in a big way, and have planned some collaborations that can help them get towards this.
14.12 / 01:15
markets COST security Software awards Experts Bid to cut electricity costs, import reliance: Talks on to get local coal power up plants
imported coal to use cheaper domestic supplies to help reduce electricity costs while lowering the dependence on overseas sources, said people aware of the matter. India has 15 power plants that use imported coal, including Tata Power’s Coastal Power Gujarat, Adani Power Mundra Ltd, Essar Power Gujarat, and JSW Ratnagiri. A reduction in coal imports will enhance energy security as well. The matter was discussed at a meeting between senior officials of the coal and power ministries this week, said the people cited above.
14.12 / 01:15
markets Digital Software awards Nestle Experts Courts Switzerland scraps MFN clause in tax treaty with India
Double Tax Avoidance Agreement (DTAA) with India effective January 1, 2025, in a move that may raise the tax outgo on dividend income for Indian entities operating in the European country. The decision follows India’s Supreme Court ruling in October 2023 in a case involving Swiss multinational Nestle SA. The court had held that the MFN clause under the DTAA does not get automatically triggered until notified under the Income Tax Act, 1961. “On the basis of the Indian Supreme Court ruling, the Swiss competent authority acknowledges that its interpretation of para 5 of the Protocol to the IN-CH DTA is not shared by the Indian side,” said a recent statement issued by the Swiss authorities. “In the absence of reciprocity, it therefore waives its unilateral application with effect from 1 January 2025.”
14.12 / 01:15
markets UPS Digital Strategy Software Schools RS Sharma steps down as ONDC non-executive chairperson
Open Network for Digital Commerce (ONDC) non-executive chairperson Ram Sewak Sharma stepped down a few days ago citing personal reasons, people in the know told ET. He was appointed to the position on September 12 this year. Sharma, a former mission director at the Unique Identification Authority of India (UIDAI), continues to be part of the advisory council of the government-backed open ecommerce network, the people said. ONDC and Sharma did not respond to ET's request for comment.
14.12 / 01:15
markets UPS Digital Strategy Software Research Indians turning clock back on smartwatches; shipments fall 45%YoY in the September qtr
Analogue wristwatches are making a comeback with a growing number of people opting for their simplicity and classic elegance, leaving behind the digital distractions of smartwatches. Tech entrepreneur Madhav Sheth, who introduced Chinese smartphone brands Realme and Honor in the Indian market, has stopped using his smartwatch and returned to an analogue timepiece. The smartwatch would worsen anxiety levels with regular email notifications, which meant taking immediate action, besides constant tracking of health vitals such as pulse rate, according to Sheth. Abhishek Ganguly, former managing director of Puma India, who is building his own sportswear company Agilitas, is giving up on his smartwatch to return to analogue-he uses a fitness band for his workouts only. «Analogue watch adds to my wardrobe,» he said.
14.12 / 01:03
security Election CBS President Podcasts Interviews Unique among 'Person of the Year' designees, Donald Trump gets a fact-check from Time magazine
Donald Trump got something this year that no other person designed Time magazine's Person of the Year had ever received
14.12 / 01:03
Citizens Action Election donates Features Courts rights Maine's voter-approved limit on PAC contributions triggers lawsuit in federal court
A pair of conservative groups are challenging a new Maine law that limits donations to political action committees that spend independently in candidate elections
14.12 / 01:03
Provident MET Mercury 2020 ventilators Courts Owner of thermometer factory gets probation for exposing workers to mercury
The owner of a New York thermometer factory has been sentenced to three years of probation for failing to protect workers who were exposed to hazardous levels of mercury
14.12 / 01:03
security Continental Election Trade country voice politician African Union chairperson candidates advocate for permanent UN Security Council seats
Three African leaders seeking to head the African Union have detailed their plans for regional security amid conflicts and political coups while strongly advocating for inter-Africa trade
14.12 / 01:03
Booking Man Universities Basketball travelers Courts Colleges Fraud charges filed after college hoops team is forced to cancel Bahamas trip
An Atlanta man has been arrested and charged with fraud after George Mason University’s men’s basketball team was forced to cancel a trip to the Bahamas earlier this year after it paid for travel that was never actually booked
14.12 / 01:03
Opinion pandemic Justice cover 2020 Courts North Carolina justices rule for restaurants in COVID-19 claims but against a clothing chain
North Carolina's highest court has ruled over some insurance claims filed by businesses that were harmed financially by the COVID-19 pandemic and the resulting 2020 government orders limiting commerce and public movement
14.12 / 01:03
Entertainment awards wellness film country rights International Saudi Arabia banned film for 35 years. The Red Sea festival is just one sign of the industry's rise
“My Driver and I” was supposed to be made in 2016, but was scuttled amid Saudi Arabia’s decades-long cinema ban
14.12 / 01:03
Citi Walmart's Mexico subsidiary plans to appeal a $4.6 million fine for alleged monopolistic practices
Walmart’s Mexico subsidiary says it plans to appeal a $4.6 million fine for alleged monopolistic practices involving suppliers
14.12 / 01:03
UPS DOW Broadcom How major US stock indexes fared Friday, 12/13/2024
Stock indexes closed mixed on Wall Street at the end of a rare bumpy week
14.12 / 01:03
FIVE Southern Nov community Fishing Courts A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
The largest seafood distributor on the Mississippi Gulf Coast and two of its managers have been sentenced on federal charges of mislabeling inexpensive imported seafood as local premium fish
14.12 / 01:03
UPS Landmark wellness President Justice Courts Supreme Court will take up a challenge related to California's tough vehicle emissions standards
The Supreme Court says it will take up a business-backed appeal that could make it easier to challenge federal regulations, acting in a dispute related to California’s nation-leading standards for vehicle emissions
14.12 / 01:03
Man security Duke SPY Relationships Suspected Chinese spy with business ties to Prince Andrew barred from UK
A suspected Chinese spy with business ties to Prince Andrew has been barred from the United Kingdom because of concerns that he posed a threat to national security
14.12 / 00:35
markets COST UPS trends reports Profiles NBFCs turn to other avenues as bank credit slows on repeated RBI warnings
Subscribe to enjoy similar stories. India’s non-bank financiers have heeded calls from the Reserve Bank of India to diversify their borrowing profile and are now gradually moving towards more market borrowings and other avenues such as overseas borrowing and securitization or asset sales instead of relying solely upon bank loans.

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