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Subscribe to enjoy similar stories. In 1969, Neil Armstrong took his historic step onto the lunar surface and declared, “That’s one small step for man, one giant leap for mankind." This profound moment not only marked humanity’s first journey to another celestial body, but a new era of space exploration that inspired generations. A few days ago, when SpaceX in an unprecedented ‘chopsticks’ manoeuvre caught a rocket’s massive booster stage as it descended back to Earth, CEO Elon Musk tweeted: “Big step towards making life multiplanetary was made today." Just as Armstrong’s Moon landing signified a huge leap for mankind, SpaceX’s advancements symbolize humanity’s re-defined relationship with the cosmos.

Subscribe to enjoy similar stories. Large companies and late-stage tech companies, along with government agencies and venture capital firms, are increasingly looking for ways to stay close to the startup ecosystem, launching in-house accelerators and incubators to remain agile and fend off competition that's nipping at their heels. While edtech unicorn PhysicsWallah launched its PW School of Startups in September, gaming unicorn Games24x7’s TechXpedite was renewed for a second edition this month.

Article 21 of the Indian Constitution — Protection of Life and Personal Liberty — states: “No person shall be deprived of his life or personal liberty except according to the procedure established by law."

MUMBAI: While parenthood is a very special feeling, it demands a lot of financial adjustments. However meticulously one plans, there are always surprises when one becomes a parent.

Manappuram Finance slid 17% to Rs 145.50 in the last 2 trading sessions after the Reserve Bank of India (RBI) imposed restrictions on four NBFCs (including Manappuram’s subsidiary) citing material supervisory concerns. The restrictions will be effective from October 21, 2024 on four NBFCs Asirvad Micro Finance (a subsidiary of Manappuram Finance), Arohan Financial Services, DMI Finance, and Navi Finserv.

Bajaj Finance is expected to report a net interest income in the range between Rs 8,810 crore and Rs 9,187 crore for the quarter ended September 30, 2024 according to estimates by five brokerages. This is likely to be an uptick of 24-28% over the corresponding quarter of the previous financial year. The profit after tax (PAT) in the July-September quarter could be around Rs 4,030 crore to Rs 6,083 crore.

On top of the grievous toll in human life and misery, Israel’s war against the Hamas and Hezbollah militant groups has been expensive

Subscribe to enjoy similar stories. Regulators, especially financial sector regulators, need to bare their teeth from time to time.

sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka and Zambia concluding years of painful debt reworks. But the International Monetary Fund and others worry that a dangerous liquidity shortfall could take its place in many emerging economies — setting back development, stunting climate change mitigation and fuelling distrust in governments and Western institutions. The issue, and what to do about it when western countries are increasingly loath to send money overseas, is a key topic at the IMF World Bank autumn meetings taking place in Washington, D.C. this week.

flue gas desulphurisation (FGD) units at public sector coal-based power plants as a recent study found that sulphur dioxide emissions from Indian coal-based power plants were not adversely impacting ambient air quality. Niti Aayog, the government's premier think-tank, has held stakeholder consultations in this regard and is likely to recommend this in its final report by month end, officials said. The Aayog had made such a suggestion in a draft report, after which intensive consultations were carried out before firming up the view, they said.

Madhya Pradesh Chief Minister Mohan Yadav has called the inauguration of the Rewa airport's terminal building a Diwali gift by Prime Minister Narendra Modi and said it would boost the development of the Vindhya region. At a function in his Lok Sabha constituency Varanasi in Uttar Pradesh, PM Modi on Sunday inaugurated and laid foundation stones of projects costing more than Rs 6,000 crore. During the event, he virtually inaugurated the terminal buildings in MP's Rewa and those at Maa Mahamaya airport in Darima in Chhattisgarh and Sarsawa in UP, cumulatively worth over Rs 220 crore. Addressing a function in Rewa, CM Yadav said PM Modi has given a very big Diwali gift to the people of Vindhya region even before the festival.

Americans who think of petrified hot dogs, frozen burritos and salty snacks when they imagine getting food at a gas station or truck stop may be pleasantly surprised during their next road trip: U.S. convenience stores are offering them more and better...

I paid $95 to recycle a mattress.

Subscribe to enjoy similar stories. New Delhi: In Kerala’s Njarakkadu village, sandwiched between foothills and the state highway leading to Munnar hill station, is a 15-acre rubber plantation belonging to the well-known Kuzhiyelil family. It is 4:00 am.

Subscribe to enjoy similar stories. MUMBAI : The Centre's proposal to introduce “voluntary" group insolvency aims at maximizing the larger group companies' asset value and keeping the overall corporate insolvency resolution costs low. The proposal is expected to be taken up in the winter session of Parliament in December.

tyre major CEAT Ltd expects easing of pressure from high raw material costs in the second half of the ongoing fiscal after being impacted by 15-year high domestic natural rubber prices, according to its Managing Director and CEO Arnab Banerjee. The company expects its aftermarket business to continue to grow in double digits and better performance of its international business, which was also affected by non-availability of containers and high freight cost in the second quarter. The domestic natural rubber prices went up to a 15-year high at about Rs 250 per kg in the first half of the fiscal, Banerjee told PTI. «We hope to see an improvement in Q4. I think the pressure is going to ease off in the second half of the year,» he said when asked how long the impact of high natural rubber prices is expected to last.

natural gas to city retailers — a move that may result in Rs 4-6 per kg hike in the price of CNG sold to automobiles, unless excise duty on the fuel is cut, sources said. Natural gas pumped from below the ground and from under the seabed from sites ranging from the Arabian Sea to Bay of Bengal within India is the raw material that is turned into CNG for sale to automobiles and piped cooking gas to households. Production from legacy fields, whose price is regulated by the government and which are used to feed city gas retailers, has been falling by up to 5 per cent annually due to natural decline that has set in. This has led to supply cuts to city gas retailers, four sources in know of the matter said. While the input gas for piped cooking gas that households get is protected, the government has cut supply of raw material for CNG. Gas from legacy fields used to meet 90 per cent of the demand for CNG in May 2023 and has progressively fallen. The supply was cut to just 50.75 per cent of the CNG demand beginning October 16 from 67.74 per cent last month, they said.

Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what they say is bad-faith contract bargaining by the company

Jittering donkey carts have long been essential for aftermarket transport from southern Karachi's wholesale bazaars, nested in narrow streets preventing regular vehicles from accessing their trove of wares. For low-income workers, the beasts of burden provided a path to financial stability — their resilience, low overheads and integral role guaranteeing a modest and stable profit to live off.

airport projects across the country worth over Rs 6,100 crore, during his visit to Varanasi on Sunday. PM Modi will lay the foundation stone for the expansion of airport runway and construction of a new terminal building and allied work of the Lal Bahadur Shastri International Airport, costing around Rs 2,870 crore. He will also inaugurate the RJ Sankara Eye Hospital in the holy town, the PMO in a statement said on Saturday. He will lay the foundation stone of a new civil enclave at the Agra airport worth more than Rs 570 crore, at Darbhanga airport worth around Rs 910 crore, and at Bagdogra airport worth around Rs 1,550 crore, it said. The prime minister will inaugurate new terminal buildings of airports in Rewa, Ambikapur, and Saharanpur being constructed at the cost of more than Rs 220 crore.

I am a director level macro trader at US bank. I have been contemplating a switch to the buy side. But after many probability weighted calculations, I've sadly determined that it is impossible and completely unwise to take the risk to leave the bank salary given the minimum spending requirements that I have.