Beyond Financial News

Project Samudrayaan. As per a TOI report, this ambitious project aims to plunge three individuals 6,000 meters beneath the ocean's surface in a homegrown submersible, all in the pursuit of precious metals and minerals, notably cobalt, nickel, and manganese. Dubbed «Matsya 6000,» this submersible has been in development for nearly two years and is now primed for its inaugural sea trials, slated to unfold in early 2024 off the Chennai coast in the Bay of Bengal.

This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions. Creativity is both prized and puzzling. Although associated with certain qualities—imagination, originality, artistic flair—it defies easy definition.

space sector to attract overseas players, a top official said on Monday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that huge scope is there for Saudi Arabian companies to invest in India in different sectors such as aviation, pharma, bulk drugs, renewable energy, food processing and agrti-tech. «There is tremendous scope for collaboration… such as in artificial intelligence, robotics, cyber security, automation and space, where we are looking to further liberalise our foreign direct investment norms to bring in private sector and foreign investment in our space sector,» Singh said at the India-Saudi Arabia investment forum meet here. Presently FDI in space sector is allowed up to 100 per cent in the area of satellites establishment and operations through government route only. He added that several Saudi Arabian companies have invested in Indian wind and solar energy sectors. «We look forward for collaboratively working with you,» he said, adding there is also tremendous scope for collaboration between Saudi Arabian military industry and make in India campaign, which can enable «us to work» on joint collaboration on defence projects of mutual interest. The secretary sought investments in areas such as bulk drug parks and food processing sector. As India is the home of several agro-tech startups, huge potential is there to increase collaboration, he added. On trade front, he said that the bilateral trade between the two countries has reached USD 52.8 billion in 2022-23.

OKX, a key player in the Web3 technology landscape, broadened its NFT Marketplace's capabilities by integrating support for Base and Linea blockchains on September 5, according to press release shared with Blockchain.News. This move follows the company's earlier decision to include Base and Linea in its wallet services, thereby extending the marketplace's compatibility to 17 different blockchains.

Tesla's supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an «asymmetric advantage» and boost its market capitalization by nearly $600 billion, or 76%, Morgan Stanley estimated. Tesla started production of Dojo in July and plans to spend more than $1 billion through next year.

«A lot of people were in denial mode but there is a major market shift. 55 is the new 32 for TVs,» said Avneet Singh Marwah, CEO at Super Plastronics Pvt Ltd, which is a brand licensee of five major global brands — Thomson, Kodak, Blaupunkt, Westinghouse and White-Westinghouse (trademark of Electrolux). Yet, this potentially implies more than just consumers' increasing preference for viewing thrilling sports or dramatic productions on a bigger screen.

It holds a special place in South Korean culture, consumed at various occasions, from intimate family gatherings to extravagant «mukbang» sessions watched by millions, including K-pop sensation Jungkook from the renowned group BTS. Paired with chilled lager, this combination, affectionately known as «chimaek» (a fusion of the Korean words for chicken and beer), is an essential part of the Seoul experience, particularly during baseball games. South Korea boasts the world's third-largest domestic fried chicken market, trailing only behind the United States and China, with a staggering worth of approximately seven trillion won ($5.3 billion).

For Simon Molnar, rumours of the death of the retail store have been greatly exaggerated.

WhatsApp is reportedly working on bringing «third-party chat» support on Android in order to comply with the new European Union (EU) regulations. The new feature will offer users the ability to communicate with each other using different apps, according to WABetaInfo.

India and Pakistan's cricket teams clash on the field, it's a battle that often turns intense and fierce. However, beyond the boundary ropes, there exists a lesser-known facet of their relationship—one marked by camaraderie and goodwill.

Vinod Karki, Equity Strategist, ICICI Securities, says “the universe of value stocks is falling by the day. There is nothing which is bombed out at this point in time. Everything is rising and which is a typical bull market scenario where everything keeps rising. One has to keep looking at sectors where the growth continues.”Let us talk about the power space, especially PFC, REC, which have seen a 10-12% move. The REC management told ET Now that they would go net debt-free and valuations from 0.5 book have become close to one time book. Do you see scope for a further expansion of valuations in PFC, REC because of stemming of T&D losses and good recoveries?Yes, the price to book ratio has strong fundamental correlation with the return equity and now the earnings will look ahead. In fact, a lot of these companies which are driven by book and are at reasonable price to book and as the outlook for return equity and growth continue to pick up, I do not see why the price to book should contract, especially when they are not way above the one or two level.

Rain may have dampened the pitch, but it couldn't dampen the spirit of camaraderie between India and Pakistan at the recently postponed Asia Cup 2023 clash in Colombo. Amid the frustration of a game stalled by Sri Lanka's weather, a heartening moment unfolded off the field. Shaheen Shah Afridi, Pakistan's star fast bowler, took time out to extend heartfelt congratulations to his Indian counterpart, Jasprit Bumrah, who recently became a father.

Also Read: G20 Summit: ‘Game-changing regional investment,’ says Joe Biden on India-Middle East-Europe Economic Corridor During a media briefing, Macron discussed the strategic partnership between India and France, highlighting that it goes beyond just bilateral cooperation. He stressed the importance of both countries collaborating to counter the global trend of increasing fragmentation.

«With monsoon gradually improving and India hosting the G20 summit over the weekend, sentiments are buoyant and may lift the market towards its life high and 20k mark over the next few days,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 7.5 points, or 0.04 per cent, muted at 19,930.50, signaling that Dalal Street was headed for muted start on Monday.

Fund manager Perpetual wants Origin Energy’s board and management to push suitors Brookfield and EIG Partners for a better deal than their agreed $18.7 billion price, recognising the target’s rapidly improved profitability and a growing consensus that Origin’s Eraring coal-fired power station will outlive its 2025 retirement date.

stairs is not just a happy-'n'-humble method of vertical traversal, but a move away from the madding crowd of elevators and escalators. The pleasure of climbing up and down a staircase beats the static gym bike in working up a healthy sweat. Taking the stairs is an environmentally friendly choice, consuming no power and producing no emissions.

deep breathing has been practiced for its multiple benefits. When viewed through the yogic point of view, its potential for well-being becomes even more remarkable.

Matty Lock, the charismatic TV presenter, and Labour councillor, has left a lasting impact on the world of UK politics and television. His sudden passing has elicited an outpouring of tributes and condolences from all corners.

NEW DELHI : Prime Minister Narendra Modi and French President Emmanuel Macron on Sunday decided to expand production of advanced defence technologies in India, including for third countries in the Indo-Pacific region and beyond. The two leaders were meeting bilaterally on the sidelines of the G20 leaders’ summit in New Delhi.

Gadar 2, Jailer, OMG 2, Dream Girl 2, Rocky aur Rani kii Prem Kahani, and Oppenheimer. In September, Shahrukh Khan-starrer Jawan is expected to work its magic on the box-office collections. Expectations are high and it helps that the initial news flow on Jawan’s collections has been upbeat. In this backdrop, investors in the PVR Inox stock will keep an eye on the September quarter (Q2FY24) to see if it proves to be better than Q1FY23, the best post-covid quarter.

Alok Kumar, Senior Director of Manpower, a subsidiary of ManpowerGroup, says, “In a fast-paced, dynamic world of work, competencies required for the job mapped against the skill set possessed by the manager will help accelerate growth. But at the same time, when it comes to team management and decision making, which managers are required to do, experience plays a crucial role.” A clear focus on leadership development and succession planning by organisations is key to not losing out on the best of both worlds.