Beyond Financial News

Employees’ Provident Fund Organisation (EPFO), the world’s largest social security organization boasting more than 277 million accounts and a fund corpus of approximately ₹20 lakh crore, have expressed their concern about being under “extreme pressure" as reported onHindustan Times. This pressure stems from the recent reversion to manual annual account updates by the EPFO, while they are held accountable for any delays in claim settlements beyond the stipulated 20-day timeframe.

Gina Rinehart’s Hancock Prospecting has pocketed almost $2.14 billion in dividends from its Roy Hill iron ore mine in the Pilbara in recent months, fuelling the billionaire businesswoman’s spending spree on lithium stocks.

Replacing the stick with a carrot will be a welcome change for many Merrill Lynch advisors, a prominent industry recruiter said, but the bank’s decision to change its compensation structure drew a mixed response from other experts.

By Andrew Gray and Tassilo Hummel

By Gabriela Baczynska and Jan Strupczewski

Amazon (NASDAQ:AMZN) is gearing up to announce its quarterly results this Thursday, capping off a week filled with major corporate earnings reports.

Antonio Guterres Wednesday rejected Israel’s accusations that, in a statement to the Security Council, he had justified attacks by the Palestinian militant group Hamas on Israel, ANI reported "I am shocked by misrepresentations by some of my statement yesterday in the Security Council -- as if I was justifying acts of terror by Hamas" The Times of Israel reported quoting the US chief. Guterres on Tuesday, without naming Israel, had denounced "the clear violations of international humanitarian law" in Gaza and pleaded for civilians to be protected in the conflict between Israel and Hamas.

Thursday, October 26, 2023 – Meme coin $SPONGE’s price is up 26% in the past seven days to $0.000117 after announcing the introduction of staking, to take place on November 1st.

The Pepe price has risen by 16% in the past 24 hours, with its move to $0.00000119 finding the meme token outperforming the market as a whole, which has gained by 1.5% today.

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The Railway Men', starring R Madhavan, Kay Kay Menon, Divyenndu, and Babil Khan, is set to launch soon on the OTT platform. The series, a collaboration between Netflix and Yash Raj Films, will be available on Netflix starting November 18. Directed by debutant director Shiv Rawail, a talent from YRF, the four-episode series is set against the backdrop of the Bhopal Gas Leak, the world's worst industrial disaster.

What is probably the best part of the year is on us – the festive season; Navratri, Dussehra, which will be closely followed by Deepavali, Christmas and New Year. Unarguably the part of the year when people are the happiest… and spend, and spend and spend.

, often dubbed the ‘digital gold,’ is currently on a rollercoaster ride. Having recently climbed beyond the $34,000 threshold, BTC’s ascendancy led to the liquidation of over $220 million in short positions in a mere 24-hour span, a testament to its volatile nature. This surge isn’t exclusive to Bitcoin alone; the entire cryptoverse felt ripples, with liquidations across the board exceeding $400 million. Amidst this tumult, Bitcoin stands tall, trading at a commendable $34,750.   Bitcoin’s value has risen by over 13% in the last day, with the global cryptocurrency market cap seeing a 9.8% increase. André Dragosch from Deutsche Digital Assets attributes the price surge to a combination of a short squeeze and significant on-chain developments, including increased transfer volumes and large investor accumulation. However, Dragosch also warns of a potential price correction in the near term. A combination of institutional interest, potential ETF approvals, and global economic scenarios paints a complex picture of BTC’s trajectory. Let’s dive deeper.

ASX-listed lithium explorer Azure Minerals has agreed to sell itself to Chilean giant Sociedad Química y Minera for $1.63 billion, as deal fever sweeps through the West Australian lithium sector.

West Australian producer Pilbara Minerals has shelved plans to pay a special dividend or buy back its own shares after a steep fall in lithium prices last quarter.

Coles says its 3.6 per cent rise in first quarter sales to $10.25 billion has been underpinned by its supermarket business, with customers eating at home and looking for special offers amid pressure on household budgets.

groundwater depletion tipping point and its entire northwestern region is predicted to experience critically low groundwater availability by 2025, according to a new report by the United Nations. Titled "Interconnected Disaster Risks Report 2023" and published by the United Nations University — Institute for Environment and Human Security (UNU-EHS), the report highlights that the world is approaching six environmental tipping points: accelerating extinctions, groundwater depletion, mountain glacier melting, space debris, unbearable heat and an uninsurable future. Environmental tipping points are critical thresholds in the Earth's systems, beyond which abrupt and often irreversible changes occur, leading to profound and sometimes catastrophic shifts in ecosystems, climate patterns and the overall environment.

MBA Rankings 2024, an annual suite of rankings identifying the world's top study destinations for aspiring business leaders. IIM Bangalore (ranked 48) is on top of the India list, edging out last year's top ranked IIM Ahmedabad, which takes 53rd spot this year, followed by IIM Calcutta and ISB at 59th and 78th positions, respectively. Last year, the same four institutes were in the top 100 with IIM Ahmedabad on top of the Indian leaderboard at rank 44, followed by IIM Bangalore (rank-50), IIM Calcutta (rank-68) and ISB (rank-78). A total of 11 Indian institutes — compared to nine last year — figure in the global MBA rankings by higher education analyst Quacquarelli Symond.

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Sam Bankman-Fried has little to lose by bucking conventional wisdom and taking the stand at his criminal fraud trial, following weeks of testimony that he stole billions of dollars from unwitting customers of his FTX cryptocurrency exchange, legal experts said. Bankman-Fried plans to take the stand in his own defense, his lawyer Mark Cohen said at a court hearing on Wednesday.