Beyond Financial News

NBA enthusiasts waited for hours as Victor Wembanyama made his debut in the Las Vegas Summer League. Thousands of his fans bought the ticket for USD 150 and queued up at the gate of Thomas and Mack Arena for hours to secure a good seat so they could see the 7 ft3 big man in action for the first time. Fans packed the arena, craned for a better view of the debutant. Superstars like DeMar DeRozan, Trae Young, and the former great Kareem Abdur Jabbar reached there to applaud the new player. Wembanyama did not disappoint the crowd completely, but he could not shine beyond a point as well. He blocked pick number 2 Brandon Miller’s 3-point attempt and air-balled a 3 in the second quarter. But he struggled with his positioning and it appeared that he needed more strength to reach his spots effectively.Kai Jones was the player who received the greatest cheers. Acknowledging that his game was not up to the expectations, Wembanyama told journalists after the game that he did not know what he was doing o the court and that he would learn many things from the next game. His first game will be remembered as a dud.

Delhi riots. Additional Sessions Judge Pulastya Pramachala passed the order while hearing a case against Sahil, Dinesh, Tinku, Sandeep, Vikas Kashyap and Sonu, who were accused of being a part of a riotous mob that committed trespass and thefts in a shop in Bhagirathi Vihar during the riots on the intervening night of 24th and 25th February 2020. They were also accused of being members of an unlawful assembly that committed arson, trespass and theft in a nearby house around 9 pm on February 24.

TCS will not apply to education expenses incurred abroad. But parents must be careful about the fine details of TCS while remitting money for overseas education. In case of any carelessness, they would end up paying a hefty amount of TCS on their spending.

EPFO) is eligible to receive pension if he/she is part of the Employees’ Pension Scheme (EPS). The pension under EPS starts from the age of 58 years for an individual. Further, certain EPF members are eligible to apply for higher pension from EPS.

According to  Bloomberg,  South Africa has mandated that all crypto exchanges operating within its borders must secure licenses by the end of the year. The Financial Sector Conduct Authority (FSCA), the country's financial regulator, has already received approximately 20 applications since the licensing process was initiated a few weeks ago.

Twitter rival Threads, which has amassed 70 million followers, is now launching a beta programme for Android to give users early access to new features and bug fixes. The invitation for the Android beta programme says that «certain data on your use of the app will be collected and shared with the developer to help improve the app.» «For Android users who love to live on the cutting edge, sign up for our beta below.

Mohammed Siraj, who is renowned for his exceptional performances on the field, surprised a local cricketer in Barbados by presenting him with a cherished gift. Siraj, who is part of the Indian cricket team preparing for the highly anticipated two-match Test series against the West Indies, took a moment to acknowledge the invaluable assistance provided by the young local player during their practice sessions.

Centre is looking at options to extend the benefits of the FAME II scheme beyond FY24, a senior government official has said. According to Hanif Qureshi, joint secretary, ministry of heavy industries, the FAME II scheme is lapsing in March 2024, but avenues are being looked at for continuing the benefits through some other measures.

National Girlfriend Day serves as a beautiful reminder to honor the incredible women who enrich our lives with their love, companionship and unwavering support. Although the precise origin of this charming holiday remains somewhat elusive, its essence resonates with individuals worldwide, providing an opportunity to cherish and appreciate the special bonds shared with girlfriends. Let us delve into the origins and significance of National Girlfriend Day, a day to celebrate the beauty of love.

NEW DELHI : Buoyed by the increasing popularity of content creators who consistently produce edits of Bollywood songs and scenes, video streaming platforms are partnering them to promote new shows and movies, as they look beyond regular influencers. Services like ZEE5 and Disney+ Hotstar have tied up with these creators for shows like Sirf Ek Bandaa Kaafi Hai and Saas Bahu Aur Flamingo over the past few weeks. Known to create instant nostalgia through their snippets, especially among movie buffs and bring fresh perspective through accompanying memes, creators are finding particular draw on platforms like Instagram.

Planning for retirement is a crucial activity that requires long-term consideration and thoughtful decision-making. While there are various investment options available, understanding your risk tolerance and desired rewards is important to building your retirement portfolio. 

U.S. officials have granted full approval to a closely watched Alzheimer’s drug for patients with early stages of the disease

Information Technology Rajeev Chandrasekhar reiterated on Friday. The Minister, who was speaking on the sidelines of the inauguration of the 6 MV Medical Linear Accelerator (LINAC) System, developed and deployed by Sameer (Society for Applied Microwave Electronics Engineering & Research) in Chennai, said States were authorised to regulate gambling but not online gaming.

Delhi High Court on Friday sought Additional Solicitor General Chetan Sharma's assistance in a PIL challenging the government's power to frame online gaming rules in its recent Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023. Noida-based Social Organisation for Creating Humanity said that the Constitution of India gives the state government exclusive powers to legislate on the issues of betting and gambling, and, therefore, the Rules are beyond the legislative competence of the central government.

By Bansari Mayur Kamdar and Johann M Cherian

Wimbledon curfew on Thursday night, Andy Murray will continue his second-round match against Stefanos Tsitsipas on Friday. The clash between the two players began on Centre Court in the afternoon, with Tsitsipas, the fifth-seed Greek, having previously defeated Dominic Thiem in the first round. In his Tuesday match against Ryan Peniston, Murray continued his remarkable record of never losing in the Wimbledon first round. He emerged victorious with a 6-3, 6-0, 6-1 win over his fellow Brit, a match that was witnessed by Roger Federer. Murray expressed his delight at having both royalty and tennis royalty in attendance, stating, «It was amazing to have some royalty here but also some tennis royalty as well. It’s amazing to have Roger here supporting this event. I started off the match quite nervous. Once I got the break in the first set, I think I played some good stuff. It’s been a long time since I’ve felt physically this good coming into Wimbledon. I’m hoping I’m fit and ready for a good run.»

Janet Yellen on Friday criticized the Chinese government's harsh treatment of companies with foreign ties and its recent decision to impose export controls on certain critical minerals, suggesting that such actions justify the Biden administration's efforts to make U.S. manufacturers less reliant on China. Yellen delivered the forceful defense of American industry on her first day of meetings in Beijing during a high-stakes trip to ease tension between the United States and China.

Saturn's atmosphere have emerged thanks to the groundbreaking observations made by NASA's James Webb Telescope. Astronomers have discovered that Saturn appears incredibly dark due to the absorption of sunlight by methane gas. However, the mesmerizing rings encircling the planet remain visible, creating a captivating spectacle for observers.

MS Dhoni turned 42 on Friday. The legend known for his leadership qualities, last-ball match-winning sixes and brisk wicket-keeping skills has won India all three major ICC white-ball trophies. Indian cricket’s talisman is one of the most successful captains in the history of cricket. With an average of 50.57 in 350 ODIs, one-day cricket remains to be Captain Cool’s strongest format. He scored his career best of 183* against Sri Lanka, the highest ever by a wicketkeeper in an ODI game. He scored 10 centuries and 73 fifties and is India’s fifth-highest run scorer in ODIs. Batting down the order through most of his career and still pulling off 10,000-plus runs only adds to the stature of India’s last World cup winning captain. India’s most successful ODI captain has led India to 200 matches with a winning percentage of 55. Five matches were tied while 11 failed to produce a result. It was under MS Dhoni’s leadership that India ended the 28-year-long draught of a 50-over World Cup trophy, winning it in 2011. With 229 sixes, he is the fifth-highest six-hitter of all time and also has the second-highest sixes by an Indian next to Rohit Sharma (275 sixes). He is also the sixth-fastest player to reach 10,000 ODI runs in 273 innings.

₹1,250 crore while Dhoni's net worth is believed to be around ₹1,040 crore. However, they stand no way close to the richest cricketer in the world. He is an Indian ‘Maharaja’.

Domestic firms continued to lead the absorption in April-June’2023 and H1 2023, accounting for a share of 43% and 46%, respectively, mainly led by flexible space operators, technology corporates and BFSI firms according to a report by CBRE. The report points out that office leasing increased by 12% Q-o-Q and touched 13.9 mn. sq. ft. during the April-June’23 period. Bangalore, Chennai, and Pune led the absorption in Q2 2023, accounting for about 59% of the transaction activity. During the quarter (April-June’23), technology companies witnessed an uptick in activity, accounting for 29% of the leasing, followed by flexible space operators (18%), engineering & manufacturing firms (17%) and BFSI corporates (17%). “India is expected to be amongst the world’s fastest-growing economies amidst a likely weakening of global macroeconomic conditions. We believe that the share of domestic firms in leasing would also remain strong during the year; at the same time, their greater emphasis on return to offices (RTO) is also expected to boost their operations,” said Anshuman Magazine, Chairman & CEO — India, South-East Asia, Middle East & Africa, CBRE. Leasing in the BFSI sector was driven by deal closures by global capability centres of BFSI corporates, Indian banks, and insurance firms. Most of these corporate are focusing on expanding their footprint.