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29.10 / 02:25
markets security SPY Experts social information China warns of deep-sea spying devices, underwater 'lighthouses' that guide foreign submarines
China's Ministry of State Security said on Tuesday that it had retrieved spying devices both on the ocean surface and in the depths of the sea, including underwater «lighthouses» that could guide the transit of foreign submarines. The ministry said it had uncovered devices that had been hidden on the ocean floor and were sending back information that could «pre-set the field for battle,» in an article on its official WeChat account, China's most popular social media app. Recent sea and air confrontations in the South China Sea between China and the Philippines over competing territorial claims in the highly strategic waterway have raised the risk of an escalation that could eventually involve the U.S., which is treaty-bound to defend the Philippines if it is attacked.
29.10 / 02:25
markets Fighting President War country reports North Korea has sent about 10,000 troops to Russia to likely fight against Ukraine, Pentagon says
North Korea has sent about 10,000 troops to Russia to train and likely fight against Ukraine within «the next several weeks,» the Pentagon said Monday, in a move that Western leaders say will intensify the almost three-year war and jolt relations in the Indo-Pacific region. Some of the North Korean soldiers have already moved closer to Ukraine, Pentagon spokeswoman Sabrina Singh said, and were believed to be heading for the Kursk border region, where Russia has been struggling to push back a Ukrainian incursion. Earlier Monday, NATO Secretary-General Mark Rutte NATO confirmed recent Ukrainian intelligence reports that some North Korean military units were already in the Kursk region.
29.10 / 02:25
markets security Analysis Research Trade Experts These 3 stocks to trade ex-split tomorrow. Do you own?
Jash Engineering, Kck Industries and Master Trust will likely remain in focus in today’s session as these companies have fixed October 30 as the record date for the purpose of their respective stock splits. This means today is the last day to buy the shares of these companies in order to be eligible for the stock splits.
29.10 / 02:23
COST Manufacturing Mint Quick Edit | Tata-Airbus C-295s: An Indian aircraft industry next?
Subscribe to enjoy similar stories. Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez on Monday inaugurated the Tata Aircraft Complex in Vadodara, Gujarat, where India’s first privately built C-295 aircraft will be made by a Tata-Airbus partnership. It’s a military transport plane and India is to receive 16 of these in fly-away condition directly from an Airbus plant in Spain, while another 40 are to be made in Vadodara.
29.10 / 02:23
markets Citi love Celebrity Features rights International Italy’s Turin is a chocolate lover’s dream
Subscribe to enjoy similar stories. Tucked away in the far northwest of Italy is a city where chocolate reigns. The residents of Turin have been creating—and consuming—chocolate since the 16th century, culminating in a vibrant chocolate scene that now encompasses gourmet chocolatiers, pastry shops, cafes, gelato makers and experimental chefs.
29.10 / 02:23
Fighting Election War country peace How would the US handle a nuclear Iran?
Subscribe to enjoy similar stories. Ali Khamenei, supreme leader of Iran, has had a bad week. Elon Musk’s X suspended his new Hebrew-language account, and the Israel Defense Forces unleashed a devastating series of air raids against his country’s military infrastructure.
29.10 / 01:33
markets Williams community President Experts Celebrity Schools "Greetings from the ISS": NASA astronaut Sunita Williams shares Diwali wishes from space
NASA astronaut Sunita Williams, known for her pioneering achievements in space, marked this year’s Diwali with a special greeting sent from 260 miles above Earth. Williams, who has spent nearly five months on the International Space Station (ISS), shared her reflections on Diwali, her cultural roots, and the importance of family traditions in a video message aimed at celebrating the Indian festival of lights.
29.10 / 01:33
markets Digital Strategy President Experts PAM travelers "Selected Kamala to be my running mate for many reasons...": President Biden lauds VP Harris ahead of polls
Joe Biden lauded his deputy and Democratic presidential candidate, Kamala Harris, emphasising that he had many reasons for selecting her as his running mate. While addressing the White House Diwali celebrations on Monday, Biden called Vice President Harris a «smart, tough and trusted» leader. He also took a jibe at Harris' rival Republican candidate Donald Trump, saying, Harris has more experience than the «other guy she's running against» and, most importantly, «she has character.»
29.10 / 01:33
markets Art Analysis Enterprise Research Trade reports Stocks in news: Maruti, Adani Enterprises, Adani Ports, Airtel, Tata Power, HDFC Bank
Maruti, Adani Enterprises, Adani Ports, Airtel, Tata Power, HDFC Bank among others will be in focus due to various news developments and second quarter results. Maruti, Adani Enterprises, Adani Ports, Cipla, Canara Bank, SBI Cards, Hudco Shares of Maruti, Adani Enterprises, Adani Ports, Cipla, Canara Bank, SBI Cards and Hudco will be in focus as the companies will announce their second quarter results today.
29.10 / 01:33
markets Racing Remark President Experts country reports Donald Trump fires back at critics amid Hitler remark backlash, says ‘I’m not a Nazi’
Donald Trump told supporters Monday he is «not a Nazi,» using a rally in the final week of a bitter White House race to push back on accusations of authoritarianism, including from a former chief of staff who branded him a fascist. As he and rival Kamala Harris entered the final stretch of one of the closest US presidential elections in modern times, each candidate and their teams have ramped up the political rhetoric, bringing an already simmering campaign to a boil. Democrat Harris, who has accused Trump of stoking divisions, was crisscrossing Michigan on Monday while Republican Trump headed to Georgia, another of the decisive swing states, where he said critics are accusing him of being a modern-day «Hitler.»
29.10 / 01:33
markets UPS Analysis Election Trade Bitcoin Asian shares fluctuate with focus on US election
US election and key economic data that will set the stage for the next Federal Reserve decision. Shares rose in Sydney while Tokyo stocks were little changed and futures pointed to gains in Hong Kong. US futures were steady after most major groups in the S&P 500 gained at the start of the busiest week for corporate earnings.
29.10 / 01:33
markets UPS security Election Research Trade Experts GIFT Nifty up 55 points; here's the trading setup for today's session
«We expect the truncated week to remain sideways amid a mixed Q2 season, monthly FNO expiry and continued selling by FIIs. Key results to watch out for tomorrow will be Maruti Suzuki, Adani Enterprise, Adani Ports, and Cipla amongst others,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.
29.10 / 00:59
markets UPS Digital Manufacturing electronic information guidelines New ‘operating system’ in works to ramp up local IT hardware play
import quotas to electronic hardware manufacturing companies that can step up domestic production under the production-linked incentive (PLI) scheme for information technology (IT) hardware, said people with knowledge of the matter. In a meeting with stakeholders last week, government officials asked all companies to provide concrete production plans for the next fiscal year for products such as laptops, tablets, all-in-one personal computers, ultra-small form factor computers, and servers. “The idea is that companies must increase the domestic value addition for their products,” an official said. “All (companies) have been given enough time and we must look for ways in which it (domestic value addition) can be improved without any major business disruptions.”
29.10 / 00:59
markets Digital community President Celebrity Diversity country Today Diwali is proudly celebrated in White House: President Biden extends greetings
Joe Biden extended Diwali greetings to the people, highlighting its significance, and acknowledged that today, the festival is proudly celebrated in the White House. Highlighting the contributions of the South Asian American community to the fabric of American life, Biden said the community is the fastest-growing and most engaged community in the world. Addressing the White House Diwali Celebrations on Monday (local time), the US President said, «The South Asian American community has enriched every part of American life.»
29.10 / 00:59
markets UPS Digital Platform electronic Features Quick commerce platforms see surge in Diwali gift orders
Quick commerce platforms are seeing a surge in Diwali gift orders as they seek to increase their market share during the festive season. Zomato-owned Blinkit, Swiggy Instamart and General Catalyst-backed Zepto have rolled out features like equated monthly instalments (EMI), postpaid options, 10-minute returns for clothing and footwear, and expanded their inventory with popular festival-related products. The ultra-fast delivery model aided by discounts has been the key driver for these platforms, with a shift toward quick commerce in the last week of festive sales, according to ecommerce consultancy Datum Intelligence. These platforms have created a separate Diwali section on their apps, featuring categories such as puja essentials, Dhanteras items, gifting, home decor, party supplies, fashion, electronics, sweets, and dry fruits.
29.10 / 00:59
markets Digital country Department Investigations Destinations Biz correspondents face A/C freeze as fraudsters hop on agent network
mule accounts is biting into the domestic money remittance industry, as business correspondents (BCs) who process such transactions via their physical agent networks are finding their accounts being frozen by law enforcement agencies that are on the money trail of fraudsters. According to three industry executives who spoke on the condition of anonymity, fraudsters are using the accounts of BCs, depositing money at their agent outlets and getting it transferred to multiple accounts through tranches and sometimes even to outside the country via Nepal. In most cases, the final destination is a mule account, and the depositor is a fraudster who would have collected the funds from cybercriminals or fake crypto apps. As police investigate such fund movement, they freeze accounts on the money trail and BCs are becoming collateral damage in the process, industry insiders said.
29.10 / 00:59
markets Provident Digital security students Experts International Edu-wealth startup Zinc raises $25.5 million from Nexus Venture Partners, others
Edu-wealth startup Zinc, founded by former PayU Credit chief executive and PaySense founder Prashanth Ranganathan has raised $25.5 million in seed funding. The round was led by Nexus Venture Partners, with participation from Quona Capital, EDBI, Global Ventures, and Saison Capital. The Singapore-headquartered company plans to use the funds to drive product innovation, expand its offerings and secure key financial licences to help families save and invest for their children's global education.
29.10 / 00:59
markets Digital ETF Enterprise Trade track rights Beaten down metals look ripe for a boom, ETFs may be the right bet
Aggressive investors looking for a thematic bet in their equity portfolios could consider an allocation to exchange-traded funds (ETFs) tracking the Nifty Metal index, which has dropped about 12.5% in the past month. The benchmark Nifty fell 6.3% in this period. «Valuations have also cooled down now making it an attractive bet with a 2-3 year view,» said Prateek Sinha, founder of Deep Wealth. The Nifty Metal index trades at a price-to-book (PB) ratio of 2.59 times, lower than 3.6 times of the Nifty 50 index.
29.10 / 00:59
markets security Analysis Research trends Trade Experts Highly rated corporates gain Bond Street Cred
Mumbai: Spreads in the bond market have tightened significantly, with AAA-rated companies raising funds at some of the lowest rates seen in recent years, underscoring the demand for quality debt issues in an environment where yields are expected to soften after the latest change in the RBI’s monetary policy stance. Yields on a 10-year AAA corporate bond are now below 7.20%, while the 10-year government security (G-sec) yields 6.82% on a semi-annual basis, or 6.94% annualised.
29.10 / 00:59
markets COST UPS Provident Google NVIDIA Experts Every cloud can have a desi silver lining
artificial intelligence (AI) revolution – this was Nvidia founder and chief executiveJensen Huang’s clarion call to India Inc at ET Conversations in Mumbai last Friday. The Indian market is currently dominated by Amazon Web Services (AWS), Microsoft Azure and Google Cloud. But are there any domestic players that are equipped to take on the three global hyperscalers? There are local alternatives, such as E2E, according to Pratik Desai, founder of agricultural AI startup Kissan AI – which uses Azure as the primary cloud provider and AWS as a secondary cloud provider – but they are catching up in terms of cost and integrated services.
29.10 / 00:59
markets COST Digital economy Enterprise NVIDIA country ‘India has unique strengths to help it win the AI race’
startup ecosystem, the strength of its digital economy and the proliferation of the world’s largest global capability centres (GCCs) in the country will position India as one of the top three artificial intelligence (AI) economies globally, said Shanker Trivedi, senior vice president of enterprise business at Nvidia, the world’s largest chip maker, in conversation with Himanshi Lohchab & Surabhi Agarwal. “India has unique characteristics. Some other regions are still a fragmented market. But India has always been one market with one currency, even while multiple cultures exist,” he told ET in an exclusive interview. “Even the market in Nagaland is bigger, I can assure you, than some other nations. And I bet you, there’s somebody in Kohima right now planning a startup using this amazing infrastructure and platform,” said Trivedi, who has helmed Nvidia’s enterprise business for 15 years and is now a key member of chief executive Jensen Huang’s core team.

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