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06.12 / 17:47
UPS Strategy Software economy Sustainability Food RBI focuses on liquidity boost and growth support; rate cuts likely if inflation eases
A review of the growth-inflation dynamic by the MPC places a bigger downside risk on the former, which calls for a tactical response where a strategic one is not immediately available. Hence, the lowering of cash reserve ratio (CRR) to pull interbank rates down closer to the policy rate, and higher interest rate ceilings for foreign currency deposits to ease pressure of the dollar's rise and capital outflows on the rupee.
06.12 / 17:47
markets Strategy Software President War testing Russia may be working on an 'unprecedented weapon' that could trigger a World War 3
The officials told New York Times that the satellite, currently in a high-radiation graveyard orbit, may be carrying a dummy warhead and testing components for a device that could destroy numerous satellites. Cosmos 2553 was launched 19 days before President Vladimir Putin ordered the invasion of Ukraine on February 24, 2022. The satellite orbits Earth every two hours in an area rarely used due to high radiation. Russia's ministry of defense said that the spacecraft was «equipped with newly developed onboard instruments and systems for testing them under conditions of exposure to radiation and heavy charged particles.»
06.12 / 17:47
markets Strategy Software CAT country innovations Can catastrophe bonds save India from the financial burden of natural disasters?
insurance product recently introduced in global markets — natural catastrophe bonds, or 'cat bonds' — is being discussed. This unique hybrid insurance-cum-securitised financial product transfers hazard risk from the victim nation to global financial markets. Cat bonds can lower the risk curve for low-frequency, high-impact hazards. Given India's credit standing and scale of its hazard risk profile, it could be cost-effective to sponsor such an instrument, through an intermediary like World Bank or ADB. The intermediary holds the principal amount until maturity as surety for the payout to the sponsoring country and assures its return to bond investors on the maturity of the cat bond. Since catastrophe risk is difficult to forecast, disaster scientists assume that such a high-risk investment would be unprofitable for investors. On the contrary, risk-seeking investors find the disaster risk curve most attractive for diversification, since climate events are not correlated with financial market movements.
06.12 / 17:43
Citi Man CEO Photos shooting show Investigations UnitedHealthcare CEO shooting: New clues emerge as gunman hunt continues
As the investigation into a masked gunman who stalked and killed the head of one of the largest U.S. health insurers moved into its third day Friday, possible leads emerged about his travel before the shooting and a message scrawled on ammunition found at the crime scene.
06.12 / 17:43
COST UPS Universities country What to know as Purolator, UPS freeze shipments amid Canada Post strike
Purolator and UPS have temporarily suspended shipments from some courier companies as they face a backlog of deliveries amid the ongoing Canada Post strike.
06.12 / 17:25
markets UPS Manufacturing economy show hospital reports US economy added 227K jobs in November, above expectations
Harris Financial Group managing director Jamie Cox analyzes post-Thanksgiving markets, retail and jobs sectors and the bitcoin rally.
06.12 / 15:29
markets UPS Target Manufacturing economy Align Food RBI signals cautious optimism on growth-inflation balance
Subscribe to enjoy similar stories. The Reserve Bank of India’s (RBI) monetary policy on 6 December voted 4:2 to keep the policy repo rate unchanged at 6.50%. Two of the external members, Dr.
06.12 / 14:23
markets UPS LGBT Boxing pop International This ‘blind box’ held a pleasant surprise for investors
Subscribe to enjoy similar stories. Forget semiconductors or artificial intelligence—one of the year’s hottest stocks has fur and plastic eyes and comes from China. Pop Mart has turned cute collectible toys into treasure, and you might see more of its shops around if its overseas expansion goes according to plan.
06.12 / 14:03
UPS pandemic Canada’s unemployment rate jumps to 6.8% in November
Canadian employers collectively added some 51,000 jobs in November, but the unemployment rate jumped as more people looked for work, according to Statistics Canada.
06.12 / 13:19
Art Progressive Google CEO love innovations Podcasts Sundar Pichai vs Satya Nadella: Google CEO dares Microsoft boss for AI face-off; ‘Any day, any time'
Nadella, while speaking at the Norges Bank Investment Management’s podcast earlier this year, had said, “Google should have been the default winner in the world of big tech’s AI race,". Pichai shot back at the Microsoft CEO at the DealBook Summit, saying, “I would love to do a side-by-side comparison of Microsoft’s own models and our models any day, any time.
06.12 / 13:19
Ripple cover blues Features International Tecno Phantom V Fold 2 5G and V Flip 2 5G launched in India: Price and specifications
Tecno Phantom V Fold 2 5G, priced from ₹79,999, features a book-style foldable design, offering a 7.85-inch primary AMOLED display with a 2K+ resolution (2,000 x 2,296 pixels) and a 6.42-inch full-HD+ AMOLED cover display (1,080 x 2,550 pixels).This device is powered by a MediaTek Dimensity 9000+ chipset in the global variant, paired with 12GB of RAM and 512GB of internal storage. It runs on Android 14-based HiOS 14.In terms of camera capabilities, the Phantom V Fold 2 5G comes equipped with a triple rear camera setup, which includes a 50MP primary sensor with Optical Image Stabilisation (OIS), a 50MP portrait lens offering 2x optical zoom, and a 50MP ultra-wide sensor.
06.12 / 12:49
markets UPS Provident Digital Dreams Research innovations 79 projects worth Rs 334 cr sanctioned under TDF scheme: Defence MoS Sanjay Seth tells Lok Sabha
defence technologies. Additionally, the Defence Research and Development Organisation (DRDO) has established 15 Industry Academia Centres of Excellence (DIA-CoEs) across the country, Minister of State for Defence Sanjay Seth informed in a written reply to Ananta Nayak in the Lok Sabha on Friday. The Technology Development Fund Scheme is a flagship programme of the Ministry of Defence (MoD) executed by DRDO under the 'Make in India' initiative. The Union Government has approved the scheme to encourage industries, especially MSMEs and startups, to develop various defence technologies. The scheme aligns with the vision of 'Aatmanirbhar Bharat' by integrating new industries into the design and manufacturing of defence technology. Funding of up to Rs 50 crore per project is provided to the industry as a grant-in-aid, the minister stated. DRDO has set up DIA-CoEs at institutions such as IISc Bangalore, various IITs, and Central/State Universities to promote focused research in developing new technologies for defence and security. These Centres of Excellence are equipped with state-of-the-art laboratories, research facilities, and infrastructure to attract researchers and scholars. Through these centres, DRDO aims to establish effective collaborations with startups and industries to further product development.
06.12 / 12:49
markets Art Remark Trade Experts reports Pharmaceuticals Indian billionaires' wealth nearly tripled to $905 billion in 10 years: Report
net worth of its billionaires nearly tripling to $905.6 billion in 10 years as of 2024. India now ranks third globally in total billionaire wealth, behind the United States and China, a UBS report highlighted. Rising sharply from $637.1 billion in 2023, this remarkable 42% growth rate in Indian billionaires’ wealth outpaces the global average and reflects India’s rapid economic transformation, propelled by family-led businesses and structural reforms propelled by the country’s government.
06.12 / 12:49
markets Citi Digital Software economy Experts Schools Northeast holds immense potential to propel India's growth, development in the region was weighed down previously, says Modi
Narendra Modi on Friday said that the role of the northeastern states in shaping India’s future will be significant. Addressing the Ashtalakshmi Mahotsav in Delhi on Friday, the Prime Minister said that the next few decades would see cities like Guwahati, Agartala, Imphal, and Itanagar rise as symbols of development and strength. «I firmly believe that the future belongs to Eastern India, especially the Northeast,» Modi said, adding that the 21st century was being increasingly regarded as «the century of the East.»
06.12 / 12:49
markets security Analysis Research Trade Experts reports Gold trades flat at Rs 79,150 per 10 gm; silver declines Rs 300
capital on Friday, according to the All India Sarafa Association. However, silver declined Rs 300 to Rs 93,500 per kg. The white metal closed higher at Rs 93,800 per kg on Thursday. Price of gold of 99.5 per cent purity also remained flat at Rs 78,750 per 10 grams on Friday.
06.12 / 12:49
markets Digital Death social singer stars reports Liam Payne's death: Did one direction star spent enormous amount to fund his girlfriend Kate Cassidy's lavish lifestyle?
Liam Payne fell from a third-floor balcony at a hotel in Buenos Aires, his girlfriend Kate Cassidy has returned to the United States after the singer's tragic death. Kate's friends claimed she is leading a very different lifestyle than the one she enjoyed with Liam Payne, reports The Mirror. Liam Payne paid up to $35K a month for girlfriend Kate Cassidy’s expenses, sources told The Mirror. The singer was giving Cassidy, a 25-year-old social media influencer, $10,000 a month for living expenses and also generously allowed her to use his credit card for clothing and other expenses which regularly totaled around $25,000 a month, they added. ALSO READ: Liam Payne, former One Direction member, dies at 31 in Argentina hotel fall
06.12 / 12:49
markets Digital Strategy Analysis Research Trade reports Board of Paytm's Singapore arm approves stake sale in Japanese firm PayPay Corporation
Paytm operator One 97 Communications on Friday informed exchanges about the company's plans to sell its stake in Japanese digital payments company PayPay Corporation. Paytm in its regulatory filing said the board of directors of One97 Communications Singapore Private Limited in a meeting on Friday gave an approval for the said transaction. One97 Communications Singapore is a wholly-owned subsidiary of Paytm Singapore.
06.12 / 12:49
markets UPS Digital Software students cover PM Vidyalaxmi scheme: Check loan amount, interest rate and eligibility criteria
Prime Minister Narendra Modi, approved PM Vidyalaxmi last month. The scheme is applicable to all scheduled banks, regional rural banks (RRBs) and cooperative banks.
06.12 / 12:49
markets Digital Puzzle pop reports testing diving NYT Connections December 6 answers, hints: Here’s how to solve today’s word puzzle
New York Times’ Connections puzzle has become a favorite among word game enthusiasts for its engaging and thought-provoking challenges. On Friday, December 6, puzzle #544 invites players to decipher hidden links between words, testing their logic, vocabulary, and creativity. This popular word puzzle, designed by Wyna Liu, offers an excellent way to stay sharp while enjoying a daily mental workout. Let’s dive into the hints, categories, and answers for today’s puzzle—spoilers ahead, so proceed cautiously if you prefer to solve it on your own!
06.12 / 12:45
BLOCK security electronic rights Home REIT rebuffs unexpected buyout offer from Southey Capital
The specialist investor in liquidations and illiquid securities has voluntarily offered to buy shares at 4p each, but said it reserved the right to not purchase any holdings with aggregate settlement amounts of less than 100,000 shares. Southey Capital said the tender will «provide an opportunity to holders facing a lack of access to exchanges or OTC counterparties an opportunity to realise liquidity before a potential full de-listing or blocking of transfers in electronic format». However, the board of Home REIT said it could not confirm the authenticity of the offer as it had not be...

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