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05.12 / 16:17
Artificial Intelligence European Commission Bitcoin soars to all time high as markets sense Trump victory
Bitcoin has hit its highest value ever as early results suggest Republican nominee Donald Trump might be on course to win the 2024 US presidential election.
05.12 / 16:05
markets Analysis Food Trade Experts Investigations Sebi orders Mishtann Foods to bring back nearly Rs 100 crore misappropriated funds
Capital markets regulator Sebi has directed Mishtann Foods to bring back nearly Rs 100 crore, an amount the company allegedly misappropriated through dubious transactions with related parties. The regulator, in its extensive investigation, found that the company has transferred the fund among promoters, directors, and their relatives under the guise of legitimate trade activities. The deadline for retrieving the money will be within 45 days from the order.
05.12 / 16:05
markets Fighting RAI Justice recommendations Courts OROP: Have decided not to accept recommendations on pension hike, Centre to SC
Centre on Thursday told the Supreme Court that it has decided not to accept recommendations for enhancing pension by 10 per cent to retired regular captains of the Army in accordance with the One Rank One Pension scheme (OROP). A bench comprising Chief Justice Sanjiv Khanna and justices Sanjay Kumar and Manmohan was apprised about the non-acceptance of recommendations on pension hike by Additional Solicitor General (ASG) Aishwarya Bhati, who appeared for the Centre. The top court was hearing an appeal of the Centre challenging an order of December 7, 2021 of the Armed Forces Tribunal (AFT) at Kochi. According to the AFT order, the central government was to take a decision on the pension payable to the retired regular captains.
05.12 / 16:05
markets security Death community performer hospital volunteers Last rites of 12 Kuki-Zo tribals performed in Manipur; thousands join mass burial
Kuki-Zo tribals, including ten killed in the exchange of fire with the CRPF in Manipur's Jiribam district on November 11, were performed in Churachandpur on Thursday. Tribal organisations in a letter to the Union Home minister sought judicial inquiry into the deaths of the 10 Kuki-Zo volunteers. While it was a shutdown in tribal areas, thousands of men and women joined the mass burial.
05.12 / 16:05
markets awards President cover hospital stars reports Star Insurance to add 5,000 agents, hire 150 managers in MP by March, says its EP
The company said it has solidified its position in Madhya Pradesh with close to 50 offices and a network of 524 hospitals. «We have a robust network of over 31,200 agents covering 8 lakh lives and 527 employees in MP,» Sanath Kumar, Executive President of Star Health Insurance told reporters here.
05.12 / 16:05
markets Waters Experts Justice reports prevention Polluted Ganga water can affect health of crores of pilgrims visiting Maha Kumbh in Prayagraj: NGT
National Green Tribunal has observed that the health of crores of pilgrims visiting the Maha Kumbh fair will be impacted if effective steps are not taken to prevent the discharge of sewage into the Ganga in Prayagraj. The 40-day Maha Kumbh Mela, expected to draw millions of devotees from across the globe, is scheduled to commence on January 14 with the Makar Sankranti 'snan' (holy bath) and will conclude on February 26 with the Mahashivratri snan. The green body was hearing a plea claiming 50 drains were discharging sewage directly into river Ganga, in an eight-km stretch from Rasulabad in the city to the Sangam (confluence of river Ganga and Yamuna).
05.12 / 16:05
markets Strategy President social information Schools Features Donald Trump’s IQ controversy: How true is the 73 score?
New York Military Academy has resurfaced on social media. The claim, originating from an alleged newspaper clipping, suggests that such a score would point to mental impairment. However, this viral information is based on a debunked piece of false reporting, which was first fact-checked by Snopes in 2019. Despite no public disclosure of Trump's actual IQ score, the former president has often ridiculed his political opponents, calling them «low-IQ» individuals.
05.12 / 16:05
markets awards CAT Experts RAI Air India taking steps to deal with fog, poor visibility in winter season
The Tata Group-owned Air India faced a Rs 30 lakh fine from the DGCA in January this year for not having enough pilots trained to fly in low visibility conditions ahead of the fog season. «Air India has adjusted flight schedules to minimise disruptions to long haul and metro-to-metro flights with onward connectivity during the fog window. It has also increased the number of CAT-III trained pilots who are certified to land in low visibility operations and CAT-III instrument landing system,» Air India said without giving the number of such pilots.
05.12 / 16:03
markets Digital Strategy Software PAM Schools Courts Delhi court sends AAP MLA Naresh Balyan to one-day judicial custody
Delhi court on Thursday sent AAP's Uttam Nagar MLA Naresh Balyan to one-day judicial custody in an alleged organised crime case. Special judge for lawmakers, Kaveri Baweja, sent Balyan to jail, considering that the arguments on Delhi police application seeking his 10-day custody for interrogation in the case under stringent Maharashtra Control of Organised Crime Act (MCOCA) would take more time. Special public prosecutor Akhand Pratap Singh, representing Delhi police, submitted that Balyan's interrogation was required to unearth the larger conspiracy in the case.
05.12 / 16:03
markets Strategy Software awards PAM show Female labour force participation in rural India up at 41.5% from 24.6% between 2017–18 and 2022–23: EAC-PM
marital status being a significant determinant of labour force participation rate (LFPR) for both women and men, shows a working paper by the Economic Advisory Council to the PM (EAC-PM). “At the national level, rural female LFPR surged from 24.6% to 41.5% while urban LFPR rose modestly from 20.4% to 25.4% with significant interstate variations,” the paper, authored by Shamika Ravi, member, EAC-PM and Mudit Kapoor of Indian Statistical Institute, said. According to the paper, rural areas in states like Jharkhand (233% growth) and Bihar (6x growth) have seen significant growth while northeastern states like Nagaland have seen a jump to 71.1% from 15.7% during the period.
05.12 / 16:03
markets Strategy Software students PAM inclusion Schools UG, PG aspirants can seek admission in any discipline irrespective of subject previously studied: UGC
According to UGC Chairman Jagadesh Kumar, the new regulations will introduce greater flexibility, remove disciplinary rigidity, bring in inclusivity and multidisciplinary learning opportunities for students. «Irrespective of the disciplines taken by a student in level 4 or Class-12 schooling, a student is eligible for admission in any discipline of UG programme if the student qualifies the national-level or university-level entrance examination in the discipline of UG programme,» the draft norms said.
05.12 / 16:03
markets CEO Strategy Software Tesla PAM reports Have you heard of him before? Who is the tech billionaire whom Donald Trump has picked to head NASA
billionaire entrepreneur Jared Isaacman to lead NASA while marking a significant shift in the agency's leadership, reported Associated Press. According to Associated Press, Jared Isaacman who is aged 41 is actually known for his close ties to Tesla CEO Elon Musk and has gained prominence as a private astronaut while having commanded two commercial spaceflights with SpaceX. It should be also noted that he conducted the first private spacewalk during a recent mission which further solidified his role in the burgeoning commercial space industry. Also Read: College football transfer outs world's fourth richest man Larry Ellison's fifth wife, who is she? Here's all you need to know
05.12 / 16:03
markets Digital Software country reports RBI adds 27 tn gold to country's reserve in October: WGC
Reserve Bank of India (RBI) which added 27 tonnes of the precious metal to its reserves, the World Gold Council (WGC) said on Thursday. India added 27 tonnes of gold in October, bringing its total gold purchases to 77 tonnes from January to October, according WGC data based on reported monthly data from the International Monetary Fund (IMF). This buying by RBI represents a five-fold increase as compared to the same period of 2023, said WGC. According to the data, with this purchase the total gold reserve of India is now at 882 tonnes, of which 510 tonnes are held in India.
05.12 / 16:03
markets Digital Software Football Universities Schools Colleges College football transfer outs world's fourth richest man Larry Ellison's fifth wife, who is she? Here's all you need to know
Oracle, has quietly married for the fifth time. His new wife, Jolin, also known as Keren Zhu, has played a pivotal role in his recent investments in college football, particularly at the University of Michigan. Jolin, 33, is credited with helping Ellison secure top recruit Bryce Underwood, a highly-rated high school quarterback from Louisiana State University, to Michigan.
05.12 / 16:03
markets IPO Platform Analysis Trade Experts Sebi asks merchant bankers to upload IPO documents on exchange's repository platform
Markets regulator Sebi on Thursday asked merchant bankers to upload and maintain due diligence documents related to public issues on the repository platform maintained by stock exchanges. The uploaded documents can be accessed by the relevant merchant banker using individual login credentials. However, such documents must be available for the purpose of supervisory functions of Sebi, the regulator said in a circular.
05.12 / 16:03
markets Target Action Analysis Trade Experts show Ahead of Market: 10 things that will decide stock market action on Friday
stocks, which tracked optimism in global markets after positive comments from the U.S. Fed Chair and as domestic investors await the Reserve Bank of India's monetary policy decision on Friday. The benchmark S&P BSE Sensex gained 809.53 points or 1.00% to settle at 81,765.86, while the broader Nifty 50 index closed at 24,708.40, higher by 240.95 points or 1%.
05.12 / 16:03
markets Art Digital Software Experts Schools Nothing to see here... except $1.5 million: The blank canvas auction
Robert Ryman will be up for auction in Berlin this week, with a value estimated at more than $1.5 million. The 1970 work, titled General 52" x 52", will be available for bidding at the Ketterer Kunst auction house on December 6 and 7. At first glance, the piece may appear to be a simple white canvas, but it is far from ordinary. The artwork, painted using white enamel and enamelac paints—materials generally used for metal surfaces—invites viewers to question the very essence of art. Ryman, who passed away in 2019, was a self-taught artist known for his use of stark white in his works. His minimalist pieces often sparked debate, challenging audiences to rethink traditional notions of what constitutes art. This piece, like many of Ryman’s works, is characterised by its simplicity but demands deeper reflection, highlighting the artist’s meticulous approach to materials and form.
05.12 / 16:03
IPO Manufacturing Strategy Software awards Equality Space for all: 'Startups going for IPO will absorb smaller startups' Accel Partners
IPO) in 2024, venture capitalists are betting big on the growing Indian ecosystem. Karnataka’s Vision Group chair and cofounder of Accel Partners India, Prashanth Prakash, said that while there is a need for unicorns and soonicorns, there is also an equal opportunity for small startups that are leading the intellectual property (IP)-driven growth for deep tech. «There was a time when, if you were not a large enough startup, you had no value. But I think that is changing. Startups going IPO today will buy smaller companies to expand their scope. It’s not bad anymore to build small,» Prakash said while speaking at Ramaiah Institute of Technology during the Ramaiah Evoluate Incubator's startup awards on Thursday. He added that India is moving beyond a focus on consumer startups and easy opportunities to deep technology, manufacturing, and engineering-led ventures. «By 2025, we could see another 30 to 40 companies from India going public, reflecting the maturing of our startup ecosystem,» the Co-founder of Accel claimed, adding that India stands to gain from the China Plus One strategy.
05.12 / 15:43
COST Provident wellness Trade information FCA seeks to appoint bond consolidated tape provider
The move comes after the FCA revealed proposals in July last year to establish a consolidated tape in a bid to offer investors access to «clear and low-cost trading data». A consolidated tape would combine multiple sources of trading data into a single information stream, which the regulator argued will «increase transparency and access to trading data by lowering its cost and improving data quality». Four Graphs explaining 'what happened to the year of the bond' According to the FCA, the watchdog will publish draft tender documents on its procurement portal, Atamis, as well as hav...
05.12 / 15:43
Investment Wealth managers Wealth Management multi-asset Investment Week launches inaugural Leaders List 2025 for fund selectors and wealth managers
We are pleased to be recognising the achievements of investment leaders including influential fund selectors, researchers, CIOs, multi-asset and wealth managers who can demonstrate impact at their firms and across the UK investment industry.
05.12 / 15:43
markets Aon Relationships Nordea AM poaches client solutions director from RLAM
Elks, who has 22 years of industry experience, held the role of institutional client solutions director at RLAM, prior to which he spent eight years managing global business development and consultant relationships at JO Hambro Capital Management. The hire follows the appointment of Lindsay Nickerson, who joined Nordea AM in January as director of UK institutional relations, having spent a decade at Aon, where she was most recently an associate partner within the group's UK DC practice. Nordea AM to wind down emerging markets debt team At Nordea AM, Nickerson is tasked with strengt...

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