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11.12 / 00:25
markets Action Analysis economy trends Trade Experts What will be the new Governors’ first rate call?
Reserve Bank of India (RBI) governors have, in the past, acted according to the prevailing economic conditions and the monetary policy objectives in their first policy review. Y V Reddy and Duvvuri Subbarao had kept policy rates unchanged in their first policy review, while Urjit Patel and Shaktikanta Das had reduced rates in their first policy actions.
11.12 / 00:25
IPO Manufacturing Analysis Research Trade Experts innovations Sai Life Science grew fast, but pricing looks expensive
Sai Life Science (SLSL), a contract research, development and manufacturing organisation (CRDMO), is rolling out an IPO of ₹3,043 crore comprising a fresh issue of ₹950 crore and an offer for sale of ₹2,093 crore. The issue gives a partial exit to private equity investors TPG Asia and HBM. The promoter share will be diluted from 41.8% to 35.2%. The issue proceeds are going to be used for repayment of borrowings.
11.12 / 00:25
markets Digital Strategy Software Sustainability Nov Experts Thematic funds lose some charm in Nov, SIPs maintain flows
equity mutual funds in November, reflecting the impact of fewer thematic or sector-specific new offerings through the month that also coincided with sustained exits from local risk assets by overseas investors. Systematic investment plans (SIP) stayed stable even as total flows to growth-oriented funds shrank 14%, to ₹35,943 crore, from October's ₹41,887 crore. Monthly net subscriptions to thematic funds fell to this fiscal year's second-lowest level, at ₹7,658 crore. This marks the lowest inflows into the category since April. Net inflows into the category, which peaked at ₹22,352 crore in June, never declined below ₹12,000 crore between May and October, on multiple new fund offerings by the industry.
11.12 / 00:25
markets JPMorgan security Software Covenant Justice Department Adani Group's $1.7 bn debt, taken for 3 entities, maturing by March
Adani Group faces nearly $1.7 billion in upcoming debt maturities at three of its businesses -ports, cement, and renewable energy-over the next quarter, investment banking sources aware of the syndicated loan terms and coupon timelines told ET. The biggest of these maturities is a $1.05-billion construction loan taken for Adani Green Energy, which is due March next year. Adani Cement-which houses Ambuja Cements and ACC-also has a $300-million loan due March, while there is a $290-million credit facility for Adani Ports and SEZ due January, according to the sources cited above.
11.12 / 00:19
markets UPS MET CEO Nov reports Relationships China ramps up Wall Street meetings as Trump inauguration looms
Chinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump's planned tariffs on China.
10.12 / 23:51
Man CEO shooting show reports Courts Videos Luigi Mangione, suspect in UnitedHealthcare CEO case, charged with murder
Luigi Mangione, the man arrested in connection with the killing of UnitedHealthcare CEO Brian Thompson, is expected to fight extradition to New York where he has been charged with murder.Speaking with reporters on Tuesday evening, following a court appearance earlier that afternoon, defence lawyer Thomas Dickey said he had advised his client Mangione to not waive extradition and to plead not guilty to charges he faces in Pennsylvania and New York.“I haven’t seen any evidence that says he’s the shooter,” he said. “The fundamental concept of American justice is a presumption of innocence until you’re proven guilty beyond reasonable doubt, and I’ve seen zero evidence at this point.”Prior to Tuesday’s hearing, video showed Mangione in an orange jumpsuit as he was led into the court building.
10.12 / 23:03
UPS Provident Target electronic information recommendations Investigations Canadian lawmakers target Interac, hint big-bank owners should be forced to sell
Canadian lawmakers took aim at the country’s widely used money-transfer service, run by Interac Corp., and hinted that its owners should be forced to sell it.
10.12 / 23:03
Nov Canada Post strike hits day 26 as union sends new proposals
With the Canada Post strike nearing four weeks, the postal service says it doesn’t see an end in sight.
10.12 / 23:03
markets Target economy pandemic love show reports Bets are high for another big cut by the Bank of Canada on Wednesday
The Bank of Canada is set to make its final policy rate decision of the year on Wednesday, with markets now betting the central bank will make another outsized cut of 50 basis points, bringing the rate down to 3.25 per cent.
10.12 / 23:03
FIVE CRA Moodys Bill performer inclusion Updates Five options for how the proposed capital gains inclusion rate increase could play out
Finance Minister Chrystia Freeland says she will deliver the overdue fall economic statement on Monday, just a day before the House of Commons’ last sitting day of Dec. 17. Why the delay? I’m not buying the lame stated excuse that filibusters have been the cause. Instead, this is a continuing display of this government’s overall incompetence.
10.12 / 23:03
Booking Citizens Fox economy country reports Relationships Diane Francis: If Trump walks all over Canada, it's because Trudeau made it weak
A flurry of satirical articles and angry comebacks followed U.S. president-elect Donald Trump’s recent crack about making Canada the 51st state.
10.12 / 22:35
markets COST Software reports ESPN Sporting Did ex-New York Jets' Mark Gastineau settle his 20-year old grudge against Brett Favre? Here's what a new ESPN documentary will reveal
Mark Gastineau, even though the field performance has long been over, his adventure and excitement around the sport has not faded away. According to reports, he would be shown confronting Brett Favre at a Chicago sports memorabilia show last year, in an upcoming ESPN documentary, that will cover the life and lies of top personalities like Gastineau, from the sport. Did Mark Gastineau carry a grudge against Brett Favre? Gastineau is reportedly angry at Favre for giving Michaeil Strahan an easy sack in the January of 2002, which reportedly cost Gastineau his single-season record in NFL. This was the fundamental of the two-decade-long grudge of Gastineau and Brett Favre, something that will visually come to the public eye after the docuseries is finally released by ESPN.
10.12 / 22:35
markets Strategy Software film Experts Celebrity reports This A-list celebrity is the inspiration for Jennifer Lopez's post-divorce daring revenge-style ensembles
Jennifer Lopez's edgy post-divorce style. Since her breakup with Ben Affleck, Jennifer Lopez has been sporting bold revenge-style ensembles with risqué cutouts and barely-there details, each one a bold reminder of what Affleck left behind. Anyone following her on the red carpet knows this, as quoted in a report by SheKnows. She unexpectedly appeared on the red carpet at the Wicked premiere last November wearing a gorgeous Zuhair Murad gown from the designer's Spring 2024 couture collection, which featured earth tones with elaborate beading and side cutouts on the bodice.
10.12 / 22:35
markets Digital Software Experts country Features Videos Is true face of Cleopatra found? Here’s what an archaeologist claims to have unearthed about famous queen
Cleopatra’s presumed burial site in Egypt has sparked debates among experts. A statue found there is believed to depict the true face of the famous queen, but its identity remains contested.
10.12 / 22:35
markets Experts social Pregnancy reports Did Megan Fox and Machine Gun Kelly split during pregnancy rumors? Here's what a new report has revealed
Megan Fox and Machine Gun Kelly split up just a week after the couple's pregnancy announcement was confirmed, something that has shocked netizens and the fans of both the celebrities. According to a People's report, the couple who were together for four years now, announced their split after a couple of weeks of announcing that they're expecting their first child together. TMZ was actually one of the first to report on the Megan Fox and Machine Gun Kelly news, and now Fox has confirmed the news of pregnancy through her social media posts, where she has also tagged Kelly. According to reports, this will be Fox's fourth child and Kelly's second, and the couple will have a lot of responsibility moving ahead with the stages of pregnancy, as they are reportedly not a couple anymore, and may face some relationship complications around the same. Fox is a mom to sons Noah who is aged 12, and Bodhi, aged 10, and Journey, currently aged 8, with ex-husband Brian Austin Green. Kelly, on the other hand is a dad to daughter Casie, who is now aged 15.
10.12 / 22:35
markets Software Election President Experts Courts Donald Trump's hush money case to be stopped permanently?
In court papers made public on Tuesday, the Manhattan district attorney’s office proposed an array of options for keeping the historic conviction on the books, including asking Judge Juan M. Merchan to consider treating the case the way he would when a defendant dies. That would effectively put the case into a permanent state of suspended animation. Trump’s conviction would stand, but everything would freeze, including any appeal action. It is unclear if that option is viable under New York law.
10.12 / 22:35
markets CEO Software social Department Courts Videos Ghost Guns: All you may want to know about the untraceable firearms
ghost guns, a type of untraceable firearm. Law enforcement has connected these homemade weapons to criminal activities.
10.12 / 22:35
markets COST Digital Software reports Gold prices to climb record high in 2025?
Gold, often used as a safe store of value during times of political and financial uncertainty, tends to appreciate on expectations of lower interest rates, which reduce the opportunity cost of holding the non-yielding asset. «If the Chinese government's economic stimulus measures boost the economy, China and India could provide a solid basis for gold demand in 2025,» the company said in a report. China's central bank resumed buying gold for its reserves in November after a six-month pause, official data by the People's Bank of China (PBOC) showed on Saturday.
10.12 / 22:35
markets Digital SUN Software Election awards President Some nominations for 2024’s Time Magazine Person of the Year have been mercilessly mocked online, here is the shortlist in full
US Vice President Kamala Harris has been nominated for Time Magazine Person of the Year 2024 while sparking significant online mockery and skepticism due to her recent defeat in the US Presidential Election against Republican Presidential candidate Donald Trump, reported The US Sun. According to The US Sun, the shortlist which eventually includes notable figures such as Donald Trump, Elon Musk and Kate Middleton will see the winner announced on December 12. Several critics on social media have eventually questioned the rationale behind the nomination of Kamala Harris while pointing out that she lost the election and suggesting that the award should go to Donald Trump instead who made a remarkable political comeback. Also Read: Is true face of Cleopatra found? Here’s what an archaeologist claims to have unearthed about famous queen
10.12 / 22:35
markets Software Southern country reports travelers This multi billion dollar project will compete with the Suez Canal and build uninterrupted highway between Asia and Europe; here are all details
Europe and West Asia while stretching 745 miles from the northern Turkish border to the southern Persian Gulf in Iraq, reported The Mirror US. According to The Mirror US, this ambitious initiative aims to create a network of roads, railways and ports while enhancing severe connectivity and reducing travel time between Asia and Europe and thereby competing with the Suez Canal. The project will be reportedly build upon the Grand Al Faw Port which will be eventually facilitating the export capabilities of Iraq and is seen as a pivotal step toward diversifying the country's economy beyond oil. Also Read: Is Nissan heading for bankruptcy; will Honda buy the iconic Japanese auto maker? Here's what reports are saying

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