Experts Financial News
08.12 / 07:35
markets
Strategy
Software
President
Experts
War
country
Bashar Assad: How a novice eye doctor and his minority family ruled Sunni-majority Syria for half a century
Syria, which lasted for more than half a century, has come to a dramatic end after a decade-long bloody civil war. Rebel forces breached the regime’s seat of power in Damascus, prompting President Bashar al-Assad, an ophthalmologist, to flee. This marks the collapse of the Assad family's long-standing rule over the country.
08.12 / 07:35
markets
Google
Strategy
Software
President
Experts
peace
Organisations close to Assad start alienating themselves from fallen president
Bashar Assad attempted to distance themselves after its rapid fall. Syria's al-Watan newspaper, historically pro-government, wrote: «We are facing a new page for Syria. We thank God for not shedding more blood. We believe and trust that Syria will be for all Syrians.» It added that media workers should not be blamed for publishing government statements in the past.
08.12 / 07:35
markets
security
Strategy
Software
Experts
International
Israel deploys forces in demilitarised buffer zone along northern frontier with Syria
Israeli military said Sunday it also sent troops to «other places necessary for its defence,» and that the force deployment was meant to provide security for residents of the Israeli-controlled Golan Heights. It added it was «not interfering with the internal events in Syria.» Israel captured that territory from Syria in the 1967 Mideast war and later annexed it, a move not recognized by much of the international community, which views the territory as occupied. A later ceasefire agreement created a demilitarised buffer zone between the two countries' territories, prohibiting military presence or activity from either side in the area. United Nations peacekeepers have patrolled the area since 1974.
08.12 / 07:35
markets
Citi
Strategy
Software
Sustainability
Experts
country
Gorakhpur to get country's first integrated waste management city by September 2025
The initiative is expected to create jobs, boost revenue and serve as a learning hub for technical expertise, he said. Sogarwal said that the model has been presented by him in Vishakhapatnam and Delhi and it will be showcased by the Ministry of Environment at the National Chief Secretaries' Conference in Delhi from December 13 to 15.
08.12 / 07:35
markets
Strategy
Software
Boxing
film
Experts
Allu Arjun's 'Pushpa 2' hits Rs 500 crore mark at global box office
Allu Arjun's «Pushpa 2: The Rule» crossed Rs 500 crore mark at the global box office, continuing its phenomenal blockbuster run in cinemas. Production banner Mythri Movie Makers, which has bankrolled the project, shared the movie's latest box office figures on social media, claiming that "Pushpa 2" has now become the fastest Indian film to hit the milestone. «The biggest Indian film is a wildfire at the box office and is shattering records #Pushpa2TheRule is now the fastest Indian film to collect a gross of 500 crores worldwide,» the studio posted on X on Saturday night. The Sukumar-directed movie is a sequel to 2021's Telugu blockbuster "Pushpa: The Rise".
08.12 / 07:35
markets
Digital
Software
Trade
Experts
country
Destinations
Key investment destination: FDI inflows in India cross $1 trillion
Foreign direct investment (FDI) inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at USD 1,033.40 billion during the said period. About 25 per cent of the FDI came through the Mauritius route. It was followed by Singapore (24 per cent), the US (10 per cent), the Netherlands (7 per cent), Japan (6 per cent), the UK (5 per cent), UAE (3 per cent) and Cayman Islands, Germany and Cyprus accounted for 2 per cent each. India received USD 177.18 billion from Mauritius, USD 167.47 billion from Singapore and USD 67.8 billion from the US during the period under review, as per the data.
08.12 / 05:35
markets
Citi
Experts
PAM
Pride
country
Interviews
Great joy and pride for India: PM Modi after Pope Francis bestows Cardinal title on Kerala's George Koovakad
Prime Minister Narendra Modi expressed his pride after Archbishop George Jacob Koovakad from Kerala was elevated to Cardinal post of the Roman Catholic Church by Pope Francis at St Peter's Bascilica in Rome. In a post on X, PM wrote, «A matter of great joy and pride for India! Delighted at His Eminence George Jacob Koovakad being created a Cardinal of the Holy Roman Catholic Church by His Holiness Pope Francis. His Eminence George Cardinal Koovakad has devoted his life in service of humanity as an ardent follower of Lord Jesus Christ. My best wishes for his future endeavours.»
08.12 / 05:35
markets
Manufacturing
Food
Experts
PAM
country
India's food processing PLI scheme creates 2.89 lakh jobs with Rs 8,910 crore investment
food processing industry has generated employment of more than 2.89 lakh (as of October 31), the government said on Friday. According to data reported by the scheme's beneficiaries, an investment of Rs 8,910 crore has been made across 213 locations in the country, the Ministry of Food Processing Industries said in a statement. The PLI scheme for Food Processing Industry (PLISFPI) was approved by the Union Cabinet on March 31, 2021 with a budget of Rs 10,900 crore, to be implemented from 2021-22 to 2026-27.
08.12 / 05:35
markets
IPO
Manufacturing
Research
Trade
Experts
band
Sai Life Sciences IPO opens this week. GMP, price band, key dates among 10 things to know
Sai Life Sciences IPO before subscribing to the issue. 1) What is the business overview of Sai Life Sciences? Sai Life Sciences provides end-to-end services across the drug discovery, development, and manufacturing value chain for small molecule New Chemical Entities (NCEs) to global pharmaceutical innovator companies and biotechnology firms.
08.12 / 05:19
markets
Experts
Fishing
PAM
Investigations
boating
Sri Lankan Navy apprehends eight Indian fishermen, captures two boats off the coast of Ramanathapuram
Sri Lankan Navy apprehended eight Indian fishermen and captured two boats off the coast of Ramanathapuram on Sunday morning. The apprehended fishermen who belong to Ramanathapuram have been identified as Mangadu Bhatrappan (55), Reddayurani, Kannan (52), Chinna ReddayurMuthuraj (55), Agasthiyar Kutam Kali (50) and Thangachimad Yasin (46), Jesus, Uchipulli Ramakrishnan and Velu including 8 fishermens was arrested and taken to the Kangesanturai Naval Camp. According to the Mandapam Fishermen Association, the apprehended fishermen had gone to the sea from Mandapam. They were fishing in Palk Bay sea area when the Sri Lankan Navy came to the area early this morning claiming that the fishermen had crossed the border.
08.12 / 05:19
markets
Target
Man
security
Experts
PAM
As long as Amit Shah remains Home Minister...: Aam Aadmi Party
Aam Aadmi Party (AAP) on Sunday targeted Union Home Minister Amit Shah, stating that as long as he holds office, murders will continue to occur every day in Delhi. Aam Aadmi Party in a post on X said, «As long as Amit Shah remains the Home Minister, murders will continue to happen every day in Delhi.» Earlier on Saturday, Aam Aadmi Party (AAP) national convenor and former Chief Minister Arvind Kejriwal launched an attack on Union Home Minister Amit Shah, claiming that the BJP is no longer capable of managing the law and order situation in the national capital.
08.12 / 02:25
markets
Software
HANS
Experts
reports
Investigations
South Korea arrests ex-defense minister over martial law: Report
Kim Yong-hyun over his alleged role in President Yoon Suk Yeol's declaration of martial law on Tuesday, Yonhap News Agency said. Yoon survived an impeachment vote in parliament on Saturday, prompted by his short-lived attempt to impose martial law, but the leader of his own party said he will be effectively excluded from his duties before eventually stepping down. Ruling Party leader Han Dong-hoon plans to meet with Prime Minister Han Duck-soo on Sunday morning.
08.12 / 02:25
markets
Digital
security
Experts
PAM
reports
Advanced AI chips cleared for export to UAE under Microsoft deal
AI firm G42, Axios reported on Saturday, citing two people familiar with the deal. Microsoft invested $1.5 billion in G42 earlier this year, giving the U.S. company a minority stake and a board seat. As part of the deal, G42 would use Microsoft's cloud services to run its AI applications. The deal, however, was scrutinized after US lawmakers raised concerns G42 could transfer powerful US AI technology to China. They asked for a US assessment of G42's ties to the Chinese Communist Party, military and government before the Microsoft deal advances.
08.12 / 02:25
markets
Digital
Software
President
Experts
Schools
Notre Dame re-opens five years after devastating fire in 2019
Wearing new designer vestments and carrying a staff cut from one of the roof beams that survived the inferno, Laurent Ulrich joined hundreds of VIPs inside the Gothic masterpiece for a two-hour ceremony. Ulrich commanded the cathedral to «open your doors» and he entered the magnificently-restored edifice.
08.12 / 00:31
markets
Target
FIVE
Strategy
Software
Experts
innovations
Battery innovations may boost e-car revolution in sub-₹20 lakh segment
electric car market is shifting into high gear, particularly in the affordable segment, with 86% of sales concentrated in the sub-Rs 20 lakh segment. With consumers increasingly choosing battery-powered SUVs over traditional hatchbacks, the electric PV sales are expected to exceed the 100,000 mark this year. While early market leader Tata Motors is facing headwinds, upcoming launches of Suzuki e-Vitara, Mahindra BE.6e and CEV9e early next year are expected to recharge the market and boost competition. Experts said more choices in the electric PV space will only make the market grow. They also said stricter emission penalties and the growing environmental benefits of EVs are driving automakers towards electrification.
08.12 / 00:31
markets
Digital
Strategy
Software
Experts
PAM
reports
New insolvency framework to be creditor-led: IBBI chairman Ravi Mital
Insolvency and Bankruptcy Board of India (IBBI) chairman Ravi Mital on Saturday said a creditor-led resolution framework under the bankruptcy law is in the offing. The move aims to lower the workload of the adjudicating authority by enabling the committee of creditors (CoC) to take on greater responsibility and expedite the rescue of stressed firms, he said. «We would be happy if less work goes before the NCLT (National Company Law Tribunal),» Mital said, conceding that the adjudicating authority is now over-burdened. He also rooted for a formal group insolvency framework. Mital was speaking at an international conclave, organised by IBBI and INSOL India.
08.12 / 00:31
markets
Strategy
wellness
Experts
country
reports
Surat’s garment sector set to grow 20-25% as global brands seek stability away from Bangladesh
Textile industry insiders in Surat said they are getting enquiries for the production and supply of ready-to-wear garments from such brands. If these materialise into orders, they estimate the growth of Surat's garment sector could accelerate to 20-25%, from the current 12% a year. Textile hubs in Tamil Nadu, Punjab and Noida too could benefit from new orders, they said. While Bangladesh is the second-largest exporter of ready-made garments behind China, it is highly dependent on the fabric supplied from Surat, the textile city of India. As big brands are looking for alternative sources amid increasing political instability and law and order issues, as well as unrest among textile industry workers, in Bangladesh, Indian companies see it as an opportunity to supply more value-added products to global markets.
07.12 / 21:17
markets
Digital
Strategy
wellness
trends
Experts
Schools
Diddy becomes butt of all jokes: 8-year old kids in New York crack Diddy-themed pranks; parents want the disgraced rapper's name to be banned in school
Sean Diddy Combs is one of the biggest names in the United States now, but not for the right and moral reasons. He has ended up being the topic of jokes for different generations now, and even school-going children are now taking his name in their new kind of funny content, something that is not sitting well with their parents, as they want their children to be protected from further details into who and what Sean Diddy Combs is.
07.12 / 21:17
markets
Digital
Williams
wellness
Experts
International
Sunita Williams and Barry Wilmore have reached a milestone in space; here's all you need to know about it.
space, having almost finished a full orbit of the sun. The NASA astronauts have now officially spent six months in space, with just two more to go in their lengthy journey after becoming stranded in space back in June due to a malfunction with their Starliner craft, as quoted in a report by E! News. After leaving Earth this summer, the colleagues had planned their June mission to last only eight days, but they are now stuck at the International Space Station (ISS) due to a propulsion-related leak in their Boeing aircraft.
07.12 / 21:17
07.12 / 19:19
markets
Google
PwC
Moodys
Experts
country
Schools
EAM Jaishankar reaches Bahrain after Qatar visit
Manama Dialogue and co-chair a ministerial meeting. Jaishankar, in Manama on the final leg of his four-day, two-nation trip, was received by his Bahrain counterpart Dr Abdullatif bin Rashid Al Zayani. «Delighted to arrive in Manama this evening. Great to see my brother FM Dr Abdullatif bin Rashid Al Zayani,» he said in a post on X. «Look forward to participating in the Manama Dialogue tomorrow. Confident that our High Joint Commission will be very productive,» he said.
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