India Financial News

Pentagon study that ranges across a period of five years, it has been observed that US soldiers are nine times more likely to die through self-harm or by committing suicide than by enemy combat. The study, that ended in 2019, has been published by thee Defense Health Agency in May, and according to a USA Today report, suicide was the leading cause of death in serving soldiers during the time period as compared to combat deaths. Suicide related deaths between 2014-2019 were a whopping 883 while the combat deaths reported were as low as 96. Accidents (814) were another leading cause of death for soldiers, but still less than suicide.

Lake Tahoe, California, by adventure-loving parents, her childhood was filled with road trips, camping, hiking and exploring national parks. Over 20 years later today, she hosts the podcast 'JUMP with Traveling Jackie'.

climate change has become a real challenge to the mankind and generation of emission-free electricity has become something everyone must be trying to achieve, Bill Gates has come out in his unique way. The billionaire entrepreneur and founder of Microsoft assured of financial help construction of the next-generation nuclear power plant that may “revolutionize” the way power is generated. His company TerraPower will construct a small advanced nuclear reactor that uses sodium instead of water for cooling, reports the 'New York Times'.

rupee closed at a record low versus the US dollar on Tuesday, joining other regional currencies which weakened against the greenback, as caution ahead of the Federal Reserve’s policy statement led to a globally stronger American currency. On Tuesday, the rupee ended the day at 83.5650/$1 on Tuesday, an all-time closing low versus the US dollar. On Monday, the rupee had closed at 83.505/$1, LSEG data showed.

NEET, an all-India pre-medical entrance test, has had a chequered past. This year, a new controversy has hit the proverbial fan that questions the very fairness of the exam. A writ petition is before the Supreme Court contesting the 'arbitrary and illegal' decision of the National Testing Agency (NTA), which conducts the exam, to award 'grace marks' to over 1,500 students to compensate for the 'loss of time' during the exam held on May 5. Two other pleas have sought cancellation of the test, alleging a paper leak. This is bad news for an already suspect grading system that does no good for India's educational-professional credibility.

Sebi) has launched a free and voluntary online investor certification examination. The certificate exam is developed in collaboration with the National Institute of Securities Markets (NISM).

Wipro on Tuesday rolled out Lab45 Artificial Intelligence (AI) platform to compete with other software service providers in helping customers and employees transform business functions and industry-specific solutions with faster efficiencies.

gold jewellery and articles except those coming under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).

Manipur government has deported around 38 Myanmar nationals on Tuesday.

NHAI) will monetise road assets worth Rs 15,000 – 20,000 crore in the current fiscal year through its infrastructure investment trust the National Highways Infra Trust (NHIT), it said on Tuesday.

FBI) is attempting to track down 500 serial killers who are truckers across various states. The law enforcement agencies believe that more than 1000 victims have been brutally murdered by serial killers who are long haul truck drivers. Recent investigation into these killings have revealed some shocking news which is bound to send a shiver down the spine of anyone. This has been reported by the Daily Mail.

Justin Trudeau meets Joe Biden at the G7 summit in Italy this week, Trudeau probably won't ask if the US might have a civil war soon. But, as per the reports of 'Politico', a research group in Trudeau's government is already thinking about it. In a report called «Disruptions on the Horizon,» they suggested that Ottawa should prepare for the possibility of a civil war in the U.S. The report mentioned how ideological differences, weakening democracy, and unrest within the country could lead to such a situation. The report is 37 pages, but it says this in just 15 words.

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Premier Li Qiang on Tuesday congratulated Prime Minister Narendra Modi on his re-election for a third term, saying Beijing is willing to work with New Delhi to «push forward bilateral relations in the right direction». Li said in a message that the sound and steady development of China-India relations is not only conducive to the well-being of the two peoples but also injects stability and positive energy into the region and the world, state-run Xinhua news agency reported.

Comicstorian', has died. He was 40-year-old. Potter's wife Nathalie Potter revealed details about his death.

Kashmir's Kathua district on Tuesday, informed police. The firing comes after the recent deadly Reasi bus attack that killed 33.

Quess ensures that organizations secure the right calibre of skilled labour while simultaneously providing livelihood opportunities for job seekers. From production line workers to engineers, Quess enables factories to optimize their processes by supplying the requisite workforce," Quess said in a statement.The manufacturing industry, which currently employs 20% of India's workforce, is expected to experience a 4% jump in its compound annual growth rate (CAGR) between 2023 and 2028.

India added 'Modi Ka Parivar' to their social media as a mark of affection towards me. I derived a lot of strength from it.

₹1,445 crore to partly finance the acquisition of US-based pharmaceutical major Viatris’ active pharmaceutical ingredients (API) business by Matrix Pharma Private Ltd.The deal is being consummated with financing from Kotak Strategic Situations Fund II, the firm said in a statement, more than a year after it announced the first close of a $1.25 billion fund to invest across growth and value companies.The acquisition is expected to make the Hyderabad-based Matrix Pharma the second largest Indian player in antiretroviral API space. It will also gain access to Viatris’ network of 185 scientists and a repository of more than 600 drug master files (DMF).Kotak Alt’s capital infusion will enable Matrix to consolidate its leadership in the API business by focusing on third-party sales and will selectively evaluate inorganic opportunities in the pharma contract development and manufacturing organization (CDMO) space.Srini Sriniwasan, managing director of Kotak Alternate Asset Managers, said that the deal underscores Kotak Alt’s pharma industry capabilities and its ability to create a platform to build a robust API business which we can support with organic and inorganic growth.Viatris Inc was a result of a merger between Mylan NV and Pfizer’s Upjohn unit in 2020.

NTT DATA Business Solutions AG, a company of NTT DATA and a leading global IT service provider focused on the mid-market and SAP, announces the acquisition of a majority stake in ProvenTech Pvt Ltd, Hyderabad, Telangana, India. ProvenTech is specialized in providing cutting-edge GenAI-driven Quality Management and Manufacturing solutions to Pharma, Healthcare and Food industry, leveraging its own products, SAP© S/4HANA and other enterprise software. Founded in 2020, the company offers a unique and comprehensive portfolio including its own SaaS solutions, automation, integration and advisory services to meet the diverse needs of the pharmaceutical industry.

Mint on the sidelines of the GitHub Galaxy event in Bengaluru on Tuesday. Amid a global shift to AI, India boasts over 15.4 million developers on GitHub, compared to a little over 21 million in the US. Globally, there are more than 100 million developers.