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The scorching summer that India just trudged past was yet another reminder of a rapidly warming Earth, with temperatures soaring to almost 50° Celsius in one of our longest heatwave spells. The country logged more than 40,000 suspected cases of heatstroke, with a death toll of over 100 people. But 2024 stands out for another reason: a shift in the Pacific Ocean’s see-saw of warm and cool water along the equator, a phenomenon that distorts weather around the globe.

Breakout stocks to buy today: Following strong global market sentiments, the Indian stock market ended higher on Friday as ease in the US recession fear renewed the US Fed rate cut buzz. The Nifty 50 index finished 396 points north at the 24,540 mark, the BSE Sensex shot up 1,330 points and closed at 80,436, while the Bank Nifty index gained 788 points and ended at 50,515. In the broad market, the BSE Small-cap index skyrocketed 1.70 per cent, whereas the Mid-cap index shot up 1.80 per cent during Friday deals.

H100 graphic processing units (GPUs) procured by Hiranandani Group’s Mumbai-headquartered Yotta Data Services from American chip maker Nvidia are used by companies abroad and only the rest are used by Indian companies, said Yotta Data Services chief executive Sunil Gupta. He told ET that this was because of a more advanced artificial intelligence (AI) ecosystem in the West that leads to heightened demand for GPUs. By November the company plans to deploy an additional 8,000 GPUs, he said. “Last November we placed an order for 16,384 H100 GPUs. From a medium to long-term scale, 16,384 may not be enough for India. We deployed the first phase of 4,096 chips. By March-April, we had got all the chips. Around seven to eight weeks back, we commissioned all of them,” Gupta told ET in an interview on August 13.

Edited excerpts from the interview: Life has taught me that investing goes through phases. There are times when making money seems easy, and you must stay grounded. And then there will be times when returns are elusive, where you shouldn't lose hope.

Aviral Bhatnagar, who earlier led enterprise software and artificial intelligence investments for Venture Highway (now merged with US-based General Catalyst), has launched a Rs 100 crore fund to back early-stage Indian startups. The fund, launched by the new venture capital (VC) firm AJVC, will focus purely on pre-seed stage investments while being sector agnostic, he told ET. The development comes at a time when several new domestic funds and micro venture capital (VC) firms have come up in India. These investors back startups at a very early stage and write smaller cheques than established VC firms. The emergence of the micro VC funds, which are usually smaller and are single partner focused, have added to the diversity of risk capital investing in Indian startups. Other established micro VC firms include Vaibhav Domkundwar's Better Capital, deeptech-focused firm Java Capital, Delhi-based Sauce VC, which makes consumer sector investments, and $25 million enterprise software-focused Neon Fund.

US stock market indexes Nasdaq Composite, S&P 500, and Dow Jones are likely to trade higher on Monday as encouraging data eased recession worries following a brutal sell-off in Wall Street earlier in August. The S&P 500 has rebounded more than 6 per cent since August 5, when a steep drop pushed the benchmark the US index to its biggest three-day slide in over two years. A rapid return to calm was also evident in the Cboe Volatility Index, or Wall Street's «fear gauge,» which has retreated from last week’s four-year highs at a record pace, as per a Reuters report. Some of 2024's biggest winners have staged strong rebounds since August 5. Chipmaker Nvidia has bounced more than 20 per cent, while the Philadelphia SE Semiconductor index has gained more than 14 per cent. Small-cap shares, which had been strong performers in July, have also recovered from recent lows, with the Russell 2000 up nearly 5 per cent, Reuters reported.

Kamala Harris has stormed into contention in the fast-growing and diverse states of Arizona, Georgia, Nevada and North Carolina, not long after Donald Trump had seemed on the verge of running away with those states when President Joe Biden was still the Democratic nominee. The new polls from The New York Times and Siena College show how quickly Harris has reshaped the terrain of 2024 and thrust the Sun Belt back to the center of the battleground-state map. Harris is now leading Trump among likely voters in Arizona, 50 per cent to 45 per cent, and has even edged ahead of Trump in North Carolina — a state Trump won four years ago — while narrowing his lead significantly in Georgia and Nevada.

Solomon Baek in the critically acclaimed series, takes a moment to reflect on his connection with his character. Based on Min Jin Lee's novel, Pachinko is a multigenerational saga that spans over six decades, chronicling the lives of the Baek family from their emigration from Korea to Japan in the 1930s to the family's struggles and triumphs in the 1980s. As Solomon embarks on a new chapter in his life, Jin Ha revisits his earlier thoughts on how deeply intertwined his own experiences are with those of his character, as per a report by Movieweb.

Narayana Murthy, co-founder of Infosys, highlighted the issue of India's rising population as a major challenge during the convocation ceremony at Motilal Nehru National Institute of Technology in Prayagraj on Sunday. He stressed that inadequate attention to population control since the Emergency period threatens the country's sustainability. «India faces significant challenges related to population, per capita land availability, and healthcare facilities,» Murthy stated. He elaborated by comparing India with other nations, saying, «Since the Emergency period, we Indians have not paid enough attention to population control. This poses a risk of making our country unsustainable. In comparison, countries such as the US, Brazil and China have far higher per capita land availability.»

Apple Inc's business in India, including exports, crossed ₹2 lakh crore in fiscal 2024, driven not only by a surge in the local manufacturing and export of iPhones, but also a spurt in domestic sales of its other products including MacBooks, iPads and Watches. The US-based tech giant has likely exhibited the fastest growth in production and exports by any company in the last 50 years in India, making it the largest global value chain operating here, said officials. The company exported ₹1.35 lakh crore worth of iPhones, highest by any single brand in FY24 from India, while local sales were ₹68,000 crore. The Economic Survey 2023-24 mentioned Apple five times, underscoring the company's role in India's efforts to become a global smartphone manufacturing hub.

economy, there are cheerleaders, there are doomsayers and there are those who hold up the mirror. Nouriel Roubini, the New York University professor, belongs to the last category as he passionately propagates his theories based on data. Roubini, the Turkish-born economist may have earned the moniker of Dr Doom for predicting the US subprime housing implosion that triggered the global financial crisis, but he's more often misunderstood by the markets whenever it is on steroids, as it is now. The economist, who will be wearing the hat of a fund manager with an exchange-traded fund soon, is set to reveal his view of the world at ET's World Leaders' Forum this month in New Delhi.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Super Blue Moon is taking place on Monday night in the US. The extraterrestrial phenomenon will not happen in near future. The full moon, blue moon, supermoon will have impact on the horoscope. The week will offer perfect time set things in right manner, and bring back a sense of order and discipline. We have zodiac wise horoscope predictions for the week that begins on Monday, August 18.

Democratic National Convention 2024 (DNC 2024) is all set to start in Chicago from Monday and all eyes will be on the party's presidential nominee Kamala Harris' speech. So when is Kamala Harris' speech at Democratic National Convention 2024.

Max, Peacock, and Hulu. We have a list of movies with their release dates on OTT streaming platforms. After a bumpy run in theaters, Kevin Costner's Western “Horizon: An American Saga” is landing Friday, August 23, on Max. Costner's three-hour epic, the first of what Costner had hoped would be a four-film series, didn't win over a lot of critics and didn't light up the box office ($29 million domestically) despite Costner's passionate belief in the project. (He put up millions of his own money for its $100 million-plus budget.) A release date for the already-completed part two was also postponed. An ensemble cast is led by Sienna Miller, Sam Worthington, Jena Malone and Costner. George Miller’s “Furiosa: A Mad Max Saga,” streaming now on Max, may have struggled to match the dizzying heights of 2015’s “Fury Road.” But the film, a prequel to “Fury Road,” features some extraordinary action sequences, a grand fleet of dystopian vehicles and one of the best performances of Chris Hemsworth’s career. Anya Taylor-Joy stars as young Furiosa, taking over the role played earlier by Charlize Theron.

super blue moon." This phenomenon, which combines the characteristics of both a supermoon and a blue moon, is a statistical marvel that aligns two distinct lunar cycles, resulting in a sight that will not be seen again for several years. The occurrence is not only a visual treat but also a fascinating study of astronomical timing and definitions.

Israeli strikes killed at least 21 people in Gaza on Sunday, including six children, Palestinian health authorities said, ahead of a visit to the region by U.S. Secretary of State Antony Blinken to try to push forward ceasefire talks. The children and their mother were killed in an Israeli airstrike on a house in the central town of Deir Al-Balah, health officials said. There was no immediate comment from the Israeli military. The Israeli military said it destroyed rocket launchers used to hit Israel from the southern city of Khan Younis, the scene of intense fighting in recent weeks, and killed 20 Palestinian fighters.

motion capture sensors tacked onto Noshir Dalal's body tracked his movements as he unleashed aerial strikes, overhead blows and single-handed attacks that would later show up in a video game. He eventually swung the sledgehammer gripped in his hand so many times that he tore a tendon in his forearm. By the end of the day, he couldn't pull the handle of his car door open. The physical strain this type of motion work entails, and the hours put into it, are part of the reason why he believes all video-game performers should be protected equally from the use of unregulated artificial intelligence. Video game performers say they fear AI could reduce or eliminate job opportunities because the technology could be used to replicate one performance into a number of other movements without their consent. That's a concern that led the Screen Actors Guild-American Federation of Television and Radio Artists to go on strike in late July.

The Food Safety and Standards Authority of India conducted inspections, sampling and testing of mixed spice blends after Hong Kong suspended sales of some blends of the MDH and Everest brands in April over high levels of a pesticide. Britain then tightened controls on all spice imports from India, while New Zealand, the United States and Australia have said they were looking into issues related to the brands.

district court in Pune has dismissed an application filed by the US fast-food major Burger King Corporation (BKC) to restrain its local namesake from using the trademark ‘Burger King’ In an over 13-year-old case, district Judge Sunil G. Vedpathak, while dismissing the US fast-food major’s petition also dismissed the counterclaim filed by the Pune-based firm. “Admittedly plaintiff (BKC) has registered its trade mark Burger King under class 42 pertaining to restaurant services as of October 6, 2006. So, considering the fact that defendants are prior users of the trademark in question, I am of the opinion that the plaintiff has no cause of action to seek relief of perpetual injunction,” said the court in his 57-page order. “Thus, in the absence of cogent evidence, I find that the plaintiff is not entitled to damages, rendition of accounts and the relief of perpetual injunction,” it further added.

Every US presidential election is consequential, but American voters face an unusually weighty decision in 2024. The outcome will have implications for US foreign policy, social policy and the integrity of the political system itself. But none of its consequences will be more profound or far-reaching than on global efforts to combat climate change.