Experts Financial News
18.12 / 01:27
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Analysis
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Experts
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Grasim, Punjab & Sind Bank to issue Rs 5,000-cr bonds
Grasim Industries and Punjab & Sind Bank are set to raise up to ₹5,000 crore between them through 10-year bonds in two separate transactions on Wednesday, according to people familiar with the proposed issuances. Grasim Industries, the flagship company of Aditya Birla Group, a conglomerate with $100-billion market capitalisation, is looking to raise ₹2,000 crore at a coupon rate of around 7.21%, the sources said.
18.12 / 01:27
Reuters
Software
SpaceX
Experts
social
reports
Schools
Power failed at SpaceX mission control before September spacewalk by NASA nominee
SpaceX, the space venture of billionaire entrepreneur Elon Musk, caused a loss of ground control for at least an hour during a mission that included the first private spacewalk in history, according to three people familiar with the problem. The spacewalk, part of SpaceX's five-day Polaris Dawn mission, was carried out by private astronauts including Jared Isaacman, a fellow billionaire and longtime Musk partner who is now nominated by incoming President Donald Trump to be administrator of the National Aeronautics and Space Administration, or NASA. The outage, which has not previously been reported, meant that SpaceX mission control was briefly unable to command its Dragon spacecraft in orbit, these people said. The vessel, which carried Isaacman and three other SpaceX astronauts, remained safe during the outage and maintained some communication with the ground through the company's Starlink satellite network.
18.12 / 00:13
markets
security
Analysis
Deloitte
Trade
Experts
information
Sebi prohibits FPIs from issuing P-notes
Sebi) Tuesday barred foreign portfolio investors from issuing offshore derivative instruments (ODIs), locally referred to as participatory or P-notes, which have an India-listed security as an underlying asset. Additionally, the regulator prohibited overseas funds from hedging ODIs with derivative positions on Indian stock exchanges. Furthermore, Sebi asked foreign portfolio investors (FPI) issuing ODIs to obtain ownership information of all the investors holding such instruments.
17.12 / 22:49
markets
Software
Experts
reports
Updates
Relationships
peace
Cardi B updates fans on her split with Offset; here’s what you need to know
Cardi B gave a startling update on her relationship with Offset after filing for divorce in August. For the past three months, it's been drama; it's been arguing; it's been craziness in her life. The story of Cardi B and Offset's marriage is still ongoing. Cardi announced at the beginning of August that she was expecting their third child and that she was divorcing Offset. Indeed, she did so simultaneously, as quoted in a report by BuzzFeed. Soon after, it was reported that the most recent breakup was a long time coming and had nothing to do with Offset's alleged infidelity. They have been off and on in public for years since they first started dating in 2016. Cardi recently gave an update on her current relationship status with Offset on X Live. Considering the situation, it sounds like everything is going fairly well.
17.12 / 22:49
security
Strategy
Software
Metro
Experts
blues
reports
After drone hysteria takes over U.S, a bizarre alien conspiracy theory called Project Blue Beam re-emerges; here's all about it
UAPs) across several US states which included New York, New Jersey and Pennsylvania have eventually sparked widespread speculation and conspiracy theories, reported Metro. According to Metro, these sightings have been attributed to various explanations which include drones, planes and even potential foreign surveillance. During such times, the FBI has stated that they do not pose a national security threat but the lack of clarity has fueled panic among the public. Also Read :Landman: Here’s Episode 7 release date, where to watch, upcoming episode schedule and cast
17.12 / 16:43
markets
Digital
Remark
Experts
War
Throwing youths into war zone matter of shame: Priyanka slams UP CM over 'Israel' remarks
Uttar Pradesh Chief Minister Yogi Adityanath, Congress MP Priyanka Gandhi Vadra on Tuesday said throwing youths into the war zone in Israel for «employment» is not an achievement but a matter of shame. Her remarks came after Adityanath took a veiled jibe at Priyanka Gandhi for carrying a handbag to Parliament that had 'Palestine' emblazoned on it. «Yesterday, a Congress leader was seen walking around Parliament carrying a Palestine bag, while we are sending our youth to Israel for opportunities. »So far, more than 5,600 youth from Uttar Pradesh have gone to Israel for construction work. Every youth gets free food and accommodation besides a monthly salary of Rs 1.5 lakh there. There is also full guarantee of safety," Adityanath said on the second day of the Winter Session of the Uttar Pradesh Assembly.
17.12 / 16:43
markets
BLOCK
Digital
Software
Experts
PAM
Supriya Lifescience opens new API block at Lote Parshuram site in Maharashtra
Supriya Lifescience on Wednesday opened a new multipurpose active pharmaceutical ingredient (API) production block, Module E, at the Lote Parshuram site, in Maharashtra. The facility, developed with an investment of approximately Rs 120 crore, adds a substantial capacity of 335 kiloliters to the company’s operations. This expansion boosts the Lote Parshuram capacity by over 55%, increasing it from 597 KLPD kilo liters per day) to 932 KLPD. The new production block is designed to support Supriya’s strategic focus on expanding its R&D capabilities and scaling up its pipeline of innovative products.
17.12 / 16:35
markets
Provident
Tether
security
Software
Experts
Videos
Tethered drones deployed for comprehensive aerial surveillance of Maha Kumbh
Tethered drones have been deployed in the Maha Kumbh area to provide comprehensive aerial surveillance ahead of next year's event, officials said on Tuesday. The high-tech device capable of capturing high-resolution images, videos, and sensor data leaves no corner of Mahakumbh Nagar unmonitored, they said. Held every 12 years, the Maha Kumbh is scheduled to take place in Prayagraj from January 13 to February 26. The state-of-the-art system is a major step towards safeguarding the devotees, officials said, adding that Senior Superintendent of Police (SSP) Rajesh Dwivedi has appointed an expert team to oversee its operation.
17.12 / 16:35
markets
Citi
Software
Experts
Department
International
Bengaluru weather: Brace for the coldest night in over a decade, temperature may drop to 1o°C
Bengaluru is set to experience its coldest December night in over a decade this week, with temperatures predicted to drop to 10°C, breaking an over a decade-old record. The India Meteorological Department (IMD) forecasts that this temperature could be the lowest since 2010, surpassing the city's previous coldest December night in 2011.
17.12 / 16:35
17.12 / 16:35
markets
security
Apple
Experts
reports
Interviews
Investigations
All of a sudden Biden and Co says drone mystery has been solved; here's the reason they cited
New Jersey and other East Coast states during a latest CNN interview while asserting that these drones do not pose a public safety or national security threat, reported Daily Beast. According to Daily Beast, he gradually explained that the drones in question are likely lawful commercial, hobbyist or might be law enforcement drones while emphasizing on the very fact that millions of drones operate legally across the US on a daily basis. John Kirby also noted that federal authorities have recently analyzed more than thousands of tips and sightings which actually concludes that there is no evidence of any illegal activity associated with these drones. Also Read :Elon Musk once called Apple co-founder Steve Jobs a jerk; dubs Apple as Tesla's graveyard; here's all he said about the iPhone maker and its founder
17.12 / 16:35
markets
Apple
Software
Discover
DNA
Experts
Investigations
Who is Rex Heuermann, suspected serial killer charged with seventh murder in Giglo Beach killings case?
Rex Heuermann's case has drawn significant attention due to its complexity and the number of victims involved over many years. Heuermann a 61-year-old architect from New York has been identified as the primary suspect in a series of murders known as the Gilgo Beach killings. Prosecutors claim they have substantial evidence linking Heuermann to multiple murders, but he maintains his innocence. He was arrested last year and has since been charged with multiple counts of murder, including a recently added charge for the death of Valerie Mack, bringing the total number of murder charges against him to seven. Heuermann has pleaded not guilty to the charges related to the six women previously identified, known as the «Gilgo Four,» whose remains were discovered on Long Island. He lived with his family in Massapequa Park on Long Island and commuted to a Manhattan architecture office. Also Read: All of a sudden Biden and Co says drone mystery has been solved; here's the reason they cited
17.12 / 16:35
markets
Digital
Software
Experts
PAM
stage
Tripartite talks on Frontier Nagaland advance, says ENPO
Eastern Nagaland Peoples' Organisation (ENPO), which has been demanding a separate ‘Frontier Nagaland Territory (FNT) said that the tripartite talks with the Centre and the state government are in an advanced stage. ENPO is seeking a separate ‘Frontier Nagaland Territory (FNT)’ comprising six districts for seven backward tribes. ENPO General Secretary M. Honang Konyak said that they are optimistic that the Central government, led by Prime Minister Narendra Modi, would not fail in fulfilling the proposed offer of FNT by the Centre in the interest of the people of eastern Nagaland.
17.12 / 15:53
markets
Action
Analysis
Boeing
Research
Trade
Experts
Ahead of Market: 10 things that will decide stock market action on Wednesday
HDFC Bank and ICICI Bank, along with declines in blue-chip stocks like Reliance Industries and Bharti Airtel weighed on the benchmarks. The benchmark BSE Sensex lost 1064.12 points or 1.30% to settle at 80,684.45, while the broader Nifty 50 index closed at 24,336.00, lower by 332.25 points or 1.35%.
17.12 / 14:59
markets
Software
Election
Experts
Freedom
country
Amit Shah tears into Congress in Rajya Sabha; accuses it of treating constitution as ‘private property’ of one family
Narendra Modi ripped into Congress in Lok Sabha last week, Union Home Minister Amit Shah on Tuesday launched a scathing attack on the party, accusing it of treating the Constitution as the «private property» of one family and amending it to remain in power. Shah's comments came during a discussion on the «Glorious Journey of 75 Years of the Constitution of India» in the Parliament. The senior BJP leader alleged that the Congress brought various amendments to the Constitution for its own benefit.
17.12 / 14:59
markets
Reuters
security
Software
Experts
reports
International
Databricks secures $62 billion valuation in AI-focused funding round
Databricks said on Tuesday it had secured a valuation of $62 billion after a $10 billion funding round led by Thrive Capital, highlighting the robust demand for artificial intelligence-focused startups. The data and analytics company will invest the funds in new AI products and acquisitions while expanding its international footprint. The massive fundraise highlights Silicon Valley's unprecedented appetite for companies capitalizing on the AI boom.
17.12 / 14:27
markets
security
Strategy
Yellow
Trade
Experts
performer
Gold snaps 2-day losing streak; US Fed policy in focus
demand, according to the All India Sarafa Association. Besides, the US Federal Reserve, which starts its two-day monetary policy meeting on Tuesday, is expected to announce its interest rate decision, which could have an impact on the overall gold performance next year. The precious metal of 99.9 per cent purity ended at Rs 78,350 per 10 grams on Monday.
17.12 / 14:27
markets
Strategy
Software
awards
Experts
PAM
Schools
RBI lifts business restrictions on two Edelweiss Group entities
Reserve Bank of India (RBI) on Tuesday lifted the business restrictions imposed on two key entities of the Edelweiss Group, ECL Finance Ltd and Edelweiss Asset Reconstruction Company Limited, with immediate effect. This decision comes after the companies implemented remedial measures to address supervisory concerns raised earlier. On May 29, 2024, the central bank had invoked its powers under the Reserve Bank of India Act, 1934 and the SARFAESI Act, 2002, imposing specific business curbs on the two entities.
17.12 / 14:27
markets
Software
pandemic
Experts
Virus
infection
strain
Bird Flu Threat: Is the Next Human Pandemic Coming?
Bird flu, specifically the H5N1 strain, is raising global health concerns due to its potential to mutate and pose a serious threat to humans. While current human infections remain low-risk and largely mild, experts warn of the importance of preparation to avoid a future pandemic. The virus, which has devastated bird populations and affected mammals like sea lions and dairy cows, could mutate to spread human-to-human, a scenario health authorities are closely monitoring. The H5N1 strain has increasingly been found in mammals, with confirmed mammal-to-mammal transmission among dairy cows in the U.S. Though the strain is currently unable to spread human-to-human, a single mutation could enable this, making it a top pandemic threat. Reports highlight mild symptoms in recent human infections in the U.S., contrasting with severe cases in other regions, such as Canada, where a teenager remains hospitalized due to H5N1 pneumonia. Also Read: This wonder drug keeps Wall Street's bankers going for 90 hours a week; what is it, and why is it in massive demand?
17.12 / 13:43
markets
Digital
Manufacturing
Assurant
Software
Experts
Investigations
India plans up to 25% temporary tax to curb cheap Chinese steel imports
The proposal gained broad support at a meeting chaired by commerce minister Piyush Goyal on Tuesday after small industries dropped initial opposition once they received assurances that they would not be hit by higher steel prices. «It seems the safeguard duty will be imposed after an investigation, likely completed within a month,» said an industry official who attended the meeting. «To address concerns of small manufacturers, large steelmakers will supply them steel at reduced prices.»
17.12 / 13:43
markets
Digital
Software
economy
Trade
Experts
PAM
West Bengal's potato crisis: Ban on inter-state movement threatens growers, cold storages
The government's move has irked the cold storage owners in the state as the ban is causing irreparable damage to the cold storage industry in the state. If the stocks in the cold storages are not cleared, it will lead to distress sales and spoilage of potatoes, thus hurting both the potato growers and the rural economy. Subhajit Saha, Vice President of West Bengal Cold Storage Association, said, “The ban on inter-state potato movement is causing irreparable damage to the cold storage industry in West Bengal. The cold storages in South Bengal, particularly in districts of Bankura, Midnapore and parts of Burdwan and Hooghly, are facing the full brunt of this decision."
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