Experts Financial News
19.12 / 04:07
markets
Software
Experts
BABA
Schools
Baba Vanga's predictions that came true and what she had predicted for 2025 to 5079
While some of Baba Vanga's forecasts are considered eerily accurate, others are vague and open to interpretation. Her insights attracted believers who view her as a prophetic figure and skeptics who see her predictions as coincidental or the result of post-event reinterpretation. Despite passing away in 1996, her legacy endures, with enthusiasts continuing to analyze her prophecies for clues about the future.
19.12 / 04:07
markets
IPO
SUN
Experts
band
recommendations
Updates
DAM Capital Advisors IPO Day 1 Live Updates: Check GMP, subscription status, review, more
₹269-283, which will be available for public subscription from December 19 to December 23. On Wednesday, it announced that it has secured ₹251 crore from anchor investors, just one day prior to the start of its initial share sale for public subscription.Among the anchor investors listed in a circular posted on the BSE website are Nomura, Goldman Sachs, HSBC, Societe Generale, Nippon India Mutual Fund (MF), HDFC MF, Kotak MF, and Aditya Birla Sun Life MF.
19.12 / 04:07
markets
Art
Strategy
Trade
Experts
information
Department
SBI shares drop 2% on Rama Mohan Rao Amara’s appointment as new MD
State Bank of India (SBI) fell by 2.2% on Thursday to an intraday low of Rs 820.10 on the BSE as the company announced the appointment of Rama Mohan Rao Amara as the Managing Director (MD) of the bank. “Vide Notification No. 2/1/2024-BO.I dated 18.12.2024, issued by Department of Financial Services, Ministry of Finance, Government of India, it has been notified that- “In exercise of powers conferred by clause (b) of section 19 read with sub-section (1) of section 20 of the State Bank of India Act, 1955 (23 of 1955), the Central Government hereby appoints Shri Rama Mohan Rao Amara, Deputy Managing Director, State Bank of India as Managing Director in State Bank of India,” said the company in its filing to the exchange.
19.12 / 04:07
markets
Digital
Strategy
Software
FIFA
Experts
Schools
Real Madrid beats Pachuca in Intercontinental Cup final. Ancelotti wins record 15th title with club
Real Madrid beat Mexican team Pachuca 3-0 in the Intercontinental Cup final Wednesday, making Carlo Ancelotti the most decorated coach in the club's history. Ancelotti lifted his 15th title with the Spanish powerhouse, surpassing the 14 trophies that he and Miguel Munoz had won. Munoz coached the team in the 1960s and 70s. «Very happy, it's a triumph,» said the 65-year-old Ancelotti, who on Tuesday was named men's coach of the year at the FIFA's «The Best» awards. «We didn't get off to a good start but finished well, showing great attitude.» Kylian Mbappe, Rodrygo and Vinicius Junior scored a goal each as Madrid became the most successful club in the competition with four titles. It also won in 1960, 1998 and 2002.
19.12 / 01:07
markets
CEO
security
Analysis
Trade
Experts
show
Rural stress hit microfin show, it could improve in FY26: ICRA
delinquencies in microfinance loans was mainly due to factors such as political disruptions, weather events, and excessive lending, according to industry executives speaking at a webinar hosted by rating agency Icra. Rural households have increasingly prioritised essential expenses and secured loan repayments over microfinance obligations in recent months, contributing to rising defaults. However, executives are optimistic about an improvement in the sector's performance in the next fiscal year.
19.12 / 01:07
markets
Digital
security
Software
Enterprise
Experts
information
'AI will democratise tech, but data security is key'
There is, however, a hesitation over trust and safety around the use of AI, industry leaders said, and called for light-touch regulation to strike a balance between innovation and ethics. “In 2014, we started on the first wave of AI, which was predictive AI,” said Arundhati Bhattacharya, chairperson and chief executive for India at software firm Salesforce. “But it was not democratised. People who were experts or who
19.12 / 01:07
markets
COST
UPS
Digital
CEO
Software
Experts
CXO pay in India inches close to that of US peers
global capability centres (GCCs) reward leadership with handsome base salaries, bonuses and stock options, executive search and hiring firms like EMA Partners, Insist Consulting, Michael Page, Randstad, Teamlease and Avsar said. While US CXO salaries have grown by 15% between 2020 and 2024, Indian counterparts have seen a rise of nearly 40% in the same period, according to data from recruitment firms. Although the difference between leadership remuneration is vast in absolute terms, when adjusted for purchasing power parity (PPP) and factors such as cost of living and inflation, the difference has narrowed, experts said.
19.12 / 01:07
markets
Digital
Manufacturing
Software
Experts
innovations
reports
Deep-tech startups must explore alternative funding options, says VC report
Speciale Invest. The deep tech startups, however, need to consider alternative funding such as venture debt, asset financing, and project financing during their initial stages to address the science risk, the firm's founding partner Vishesh Rajaram told ET. Speciale has been investing in seed-stage startups, and GalaxEye Space, Agnikul Cosmos, ePlane Company, Uravu Labs and CynLr are some of the investee startups. The VC firm’s report titled 'India's Deep Tech Revolution' on the sector, which is slated for release on Thursday and accessed by ET, highlights that the global market share of funding in Indian deep tech startups (1.30%) is significantly lower than the overall funding available to Indian tech startups (3.86%) which needs to be encouraged. It also added that back home, Indian corporations are still warming up to the idea of innovation through deep-tech startups and are yet to see an acquisition of a deep-tech startup.
19.12 / 01:07
markets
Provident
Digital
Software
Experts
PAM
innovations
Infosys invests Rs 426 crore in Kolkata AI facility
Infosys, country's second largest IT services giant, on Wednesday announced investment of Rs 426 crore for its new 320,000 square feet development centre in Kolkata. “This state-of-the-art facility with an investment of over Rs 426 crore is designed to accommodate over 4,000 employees in a hybrid working model,” the Bengaluru based company said in a statement. The centre will generate employment opportunities in next-gen technologies such as cloud and artificial intelligence (AI). «The centre will provide employees greater flexibility and enable them to work on new-age technologies such as cloud, AI, and digital, across a diverse range of industries, including manufacturing, logistics, financial services, energy & utilities,» the statement added.
19.12 / 00:31
markets
Digital
Software
Trade
Experts
Is November trade data 'Gold standard'?
«On noticing the unusual surge, the DGCIS (Directorate General of Commercial Intelligence and Statistics) has taken up a detailed examination of the gold import data. Reconciliation of the data will be done, hopefully within this month,» a commerce and industry ministry official said on condition of anonymity. Trade data for November 2024 may undergo revision following the reconciliation. A trade expert, who did not wish to be identified, said details of imports can be cross-verified with bills of entry, forex outgo and import duty payment-all of which are well documented on the Electronics Data Interchange system.
19.12 / 00:31
markets
Booking
Waters
Analysis
Research
Trade
Experts
Va Tech Wabag shares plunge 11% after Saudi order cancellation
Va Tech Wabag tumbled more than 11% on Wednesday after the company announced the cancellation of a ₹2,700 crore order for a 300 MLD mega seawater desalination plant from the Saudi Water Authority (SWA). The stock, which fell as much as 20% intraday, closed at ₹1,672.95 apiece on the BSE. Despite the setback, analysts view the correction as a buying opportunity, citing the company's strong order book of ₹11,900 crore and robust long-term growth prospects.
19.12 / 00:31
markets
IPO
Analysis
Enterprise
Trade
Experts
track
Sebi tightens SME IPO rules, limits promoter OFS to 20%
initial public offerings (IPO) of small and medium enterprises, and tweaked the framework for merchant bankers and custodians by raising their minimum net-worth requirements. The board of the capital-markets regulator approved a proposal to limit the offer for sale (OFS) by promoters in small and medium enterprises (SME) IPOs to 20% of an issue size. It also said they cannot sell more than 50% of their holding in an IPO.
19.12 / 00:31
markets
Digital
Software
wellness
Trade
Experts
country
India moves to guard against Trump’s likely tariff strike
Donald Trump administration, multiple people familiar with the matter told ET. “Ministries and departments are examining various scenarios, apprehending such a move by the US and possible remedies,” one of the persons said. President-elect Trump on Tuesday had said the US will impose reciprocal tariffs on Indian goods because New Delhi imposes high tariffs on American goods. Independent experts said India could relook at import duty on specific products and enhance market access for certain imports from the US to address Trump’s concerns.
19.12 / 00:31
markets
IPO
FIVE
security
Analysis
Trade
Experts
Grey market buzzing with flurry of public issues, improved sentiment
initial public offerings (IPOs) is buzzing with activity once again as a flurry of public issuances and improvement in investor sentiment have revived speculators' interest in soon-to-be-listed shares. Grey market premiums (GMPs) — the additional price investors are willing to pay over the IPO price in the grey market before the stock lists on the exchanges — of five IPOs are trading at 8-44% above the issue prices, according to sources. A higher premium indicates the market sentiment for the IPO in question. GMPs of IPOs with robust demand tend to be high, which implies a potential upside in the stock on listing.
18.12 / 22:55
18.12 / 22:55
markets
Digital
Software
President
students
Experts
track
US Fed rate cut impact on Mortgages, Home Loans, Credit Cards, Car prices, Savings, Student loans. Details here
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent, the Fed announced in a statement. This is the final planned interest rate decision before outgoing Democratic President Joe Biden makes way for Republican Donald Trump, whose economic proposals include tariff hikes and the mass deportation of millions of undocumented workers.
18.12 / 19:51
markets
Digital
Software
Experts
testing
cricket
Sporting
The perpetual seeker: Ashwin, who always found ways to get a wicket, retires from international cricket
The timing is not shocking; Ashwin is 38 years old. The space is not unusual; Ashwin misses more Tests than he plays in countries such as Australia. But time and space taken together as one construct, the basis for Einstein’s Theory of Relativity – which Ashwin the engineer will only be too familiar with – ensure that there will be more questions than answers, in this case. The conspiracy theorists will insist that it was the insult of being repeatedly left out of the Test team that pushed Ashwin over the edge. The pragmatists will point to the fact that Washington Sundar’s emergence has ensured that his senior colleague isn’t even an automatic second choice spinner when playing in Australia, England, South Africa or New Zealand. The inner circle in cricket will remind the world that only a player truly knows when he or she is finally done.
18.12 / 19:51
markets
Digital
security
Software
Experts
Celebrity
guidelines
Hyderabad Police issue guidelines for New Year's celebration events: Check do's and don'ts specified by police
Hyderabad police have issued specific guidelines for New Year’s Eve celebrations, requiring event organizers to secure permissions in advance. The instructions, outlined in a statement by the Public Relations Officer of the Rachakonda Commissionerate, aim to ensure safety and compliance during the events. Mandatory permissions and safety measures According to the statement, all events, whether ticketed or non-ticketed and held indoors or outdoors, must obtain police permission at least 12 days in advance. The statement emphasized, “All the events must and should obtain permission from the police regardless of whether the event is held indoors or outdoors.”
18.12 / 19:51
markets
Strategy
Software
Experts
song
reports
China breaks U.S-held record in space exploration; here's what Chinese taikonauts did
Chinese astronauts named Cai Xuzhe and Song Lingdong have reportedly set an absolutely new world record for the longest spacewalk while completing a nine-hour extravehicular activity (EVA) in the month of December this year, reported CNN. According to CNN, this achievement actually surpasses the previous record of eight hours and 56 minutes which was held by US astronauts named James Voss and Susan Helms since the year 2001. The spacewalk was actually conducted outside the Tiangong space station with a major support from their crewmate Wang Haozhe who eventually remained inside. Also Read: New wonder plastic that is bulletproof? Yes! This material is comparable to steel; here's all about the new discovery
18.12 / 19:51
markets
Strategy
Software
Experts
Inside
social
reports
Bettina Anderson, Don Jr's new girlfriend, wants a cushy philanthropic job from Donald Trump
Bettina Anderson, Donald Trump Jr.'s new girlfriend, wants a cosy charitable position in the Trump administration. Anderson is a Palm Beach socialite who has stated that she would like to be on one of the advisory committees or community outreach boards of the Trump White House, according to a source familiar with the transition efforts, as quoted in a report by The NY Post. She has been vying for the top position on the President's Committee on the Arts and Humanities. She has been schmoozing insiders at Donald Trump's resort home after his eldest son called it quits with his fiancée of nearly four years, Kimberly Guilfoyle. The breakup occurred at the same time that Guilfoyle was appointed US ambassador to Greece. Trump called the former Fox News host a close friend and ally in a Truth Social post announcing the appointment. He also acknowledged her extensive experience and leadership in law, media, and politics, along with her sharp intellect, describing her as extremely qualified to represent the United States and safeguard its interests abroad.
18.12 / 19:51
markets
Digital
Strategy
Software
Bill
Experts
social
Musk says US lawmakers who vote to avert government shutdown should be ousted
Trump ally Elon Musk said on Wednesday that U.S. lawmakers who vote for a stopgap measure to fund the government past Saturday should be voted out of office, a move that could complicate the U.S. Congress' efforts to avert a partial government shutdown. «Any member of the House or Senate who votes for this outrageous spending bill deserves to be voted out in 2 years!» the Tesla chief executive and world's richest person wrote on his X social media platform. The federal government will run out of money to fund operations on Saturday unless Congress acts. Negotiators on Tuesday agreed on a deal to extend funding through March 14.
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