Experts Financial News
07.12 / 07:47
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An exhibition that tracks the journey of Indian textiles
Subscribe to enjoy similar stories. The Shuttle of Time, a large abstract sculpture made with banana fibre—its title emerging from the weaver’s shuttle— urges viewers to probe questions about craft, design traditions and their origins.
07.12 / 07:07
markets
UPS
Digital
Experts
PAM
reports
Super Micro Computer gets extension to file delayed annual report
Super Micro Computer said on Friday it has received an extension from the Nasdaq till Feb. 25 to file its delayed annual and quarterly reports, sending the AI server maker's shares up 5% in extended trading. Last month, Super Micro named BDO USA as its auditor and submitted a compliance plan to the stock exchange to file its annual and quarterly reports, after its listing came under threat when it failed to file its annual report in August. The company in August cited a need to assess «its internal controls over financial reporting» for the delay, a day after Hindenburg Research disclosed a short position.
07.12 / 07:07
markets
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Experts
Justice
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Courts
SC to hear petitions on Dec 12 challenging provisions of Places of Worship Act
Supreme Court will hear on December 12 a batch of petitions challenging certain provisions of Places of Worship (Special Provision) Act, 1991, that prohibit the filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947. A special bench of Chief Justice of India Sanjiv Khanna and Justices PV Sanjay Kumar and KV Vishwanathan will hear the case at 3.30 pm. The Act prohibits conversion of any place of worship and to provide for the maintenance of the religious character of any place of worship as it existed on the August 15, 1947.
07.12 / 07:07
markets
Provident
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73 complaints against vulgar ads on TV channels: Govt tells Parliament
grievance redress system. Murugan said the mechanism, established under the Cable Television Networks (Amendment) Rules, includes self-regulation by broadcasters, self-regulation by self-regulating bodies of the broadcasters, and an oversight mechanism of the central government. The minister said appropriate action is taken wherever violation of the Advertising Code is found by issuance of «Advisories, Warnings, 'Apology Scroll' Orders and Off-air orders.»
07.12 / 07:07
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Manufacturing
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Tadiran Telecom to invest USD 10 million annually to manufacture IP phones in India
unified communications company Tadiran Telecom plans to invest at least USD 10 million (about Rs 80 crore) annually to manufacture IP telephones in India, a top company official has said. IP telephones support multiple communication functions, including conference calls through apps, and are generally used in business organisations. The company has partnered with DCM Shriram for manufacturing IP phones.
07.12 / 07:07
markets
Digital
Experts
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voice
reports
INDIA bloc calls Rahul Gandhi a childish person: BJP on Mamata Banerjee's statement 'willing to lead alliance'
Mamata Banerjee's reported statement 'willing to lead INDIA alliance', BJP leader Pradeep Bhandari on Saturday said that the INDIA bloc leader does not believe in the leadership of Lok Sabha Leader of Opposition Rahul Gandhi and Priyanka Vadra and claimed that the alliance itself calls Rahul Gandhi a «childish person.» «No leader of the INDI alliance believes in the leadership of Rahul Gandhi and Priyanka Vadra. The INDI alliance believes that Rahul Gandhi is a political failure… Sometimes Akhilesh Yadav says he is the leader, sometimes Mamata Banerjee says she is the leader, sometimes Stalin says he is the leader and everyone says in one voice that Rahul Gandhi and Priyanka Vadra are not the leader. We do not call Rahul Gandhi a childish person, the INDI alliance calls Rahul Gandhi a childish person,» Bhandari told ANI. Earlier on December 3, in response to a query regarding TMC leaders suggesting that Chief Minister Mamata Banerjee should be made the INDIA bloc leader days after Congress faced a crushing defeat in Maharashtra assembly polls, party MP Kirti Azad said that the ruling TMC supremo takes everyone along.
07.12 / 07:07
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Target
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Election
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Department
Free cash everywhere! States' election win pitch with Maha freebies comes with big budget burden
Delhi government’s ambitious plan to provide ₹1,000 per month to women over 18 years of age under the Mukhya Mantri Mahila Samman Yojana (MMMSY) is projected to cost ₹4,560 crore annually, according to the finance department. With the city’s subsidy bill nearing ₹11,000 crore, officials have raised concerns that implementing the scheme from FY 2025-26 could result in a budgetary deficit. A draft proposal for the scheme, submitted by the Women and Child Development Department, estimates that approximately 38 lakh women in Delhi would qualify for financial assistance. However, the finance department has cautioned that a revenue deficit could lead to central government intervention, potentially limiting Delhi’s financial autonomy. Fiscal challenges amid rising expenditure
07.12 / 06:17
markets
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War
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Interviews
100-year-old Pearl Harbor survivor recalls confusion, chaos during Japanese bombing 83 years ago
Bob Fernandez thought he'd go dancing and see the world when he joined the US Navy as a 17-year-old high school student in August 1941. Four months later he found himself shaking from explosions and passing ammunition to artillery crews so his ship's guns could return fire on Japanese planes bombing Pearl Harbor, a Navy base in Hawaii. «When those things go off like that, we didn't know what's what,» said Fernandez, who is now 100. «We didn't even know we were in a war.» Two survivors of the bombing — each 100 or older — are planning to return to Pearl Harbor on Saturday to observe the 83rd anniversary of the attack that thrust the US into World War II. They will join active-duty troops, veterans and members of the public for a remembrance ceremony hosted by the Navy and the National Park Service.
07.12 / 06:17
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US panel urges greater crypto asset regulation
US federal panel called Friday for legislation that would give regulators more authority over certain crypto assets, weeks before President-elect Donald Trump returns to the White House. Trump has vowed that the United States would be the «crypto capital of the planet,» and during his election campaign drew heavy financial support from cryptocurrency backers. On Friday, the Financial Stability Oversight Council (FSOC) recommended that Congress pass legislation «providing federal financial regulators with explicit rulemaking authority over the spot market for crypto assets that are not securities.»
07.12 / 06:17
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Exxaro Tiles among 8 stocks nearing ex-dates for dividend, bonus, split next week. Do you own any?
Exxaro Tiles and a host of other companies are likely to remain in focus next week as they are approaching their record dates for dividends, bonus issues and stock splits. The record date is the date set by the company to decide the eligibility of shareholders to receive an offer. To be eligible for a buyback offer, bonus issue or stock split, the shares should be in the Demat account on the record date.
07.12 / 05:19
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International
89 smallcap stocks offer double-digit weekly returns as market shrugged off GDP concerns
economic growth rate, the markets maintained a positive bias throughout the week. Further, a positive turnaround from FIIs to India in expectation of a dovish monetary policy by RBI supported the sentiment. During the week, as many as 89 smallcap stocks have delivered double-digit weekly returns with eight of them offering gaining over 25%.
07.12 / 05:19
markets
Strategy
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US AI task force co-chair asks FERC to support co-located data centers
US Congressman Jay Obernolte said the Federal Energy Regulatory Commission should move speedily in crafting rules that encourage the expansion of AI and its need for large amounts of electricity, including by clearing the way for so-called co-located AI data centers. «As their energy requirements increase, the development of co-located energy production will be instrumental in mitigating grid strain, improving resilience, and reducing carbon emissions,» wrote Obernolte, a Republican from California.
07.12 / 05:19
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Reuters
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Experts
Rattled by China, West scrambles to rejig critical minerals supply chains
China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts. Blaming Beijing's curbs on antimony exports announced in August, German chemicals and consumer goods heavyweight Henkel told customers last month it had declared force majeure and suspended deliveries of four types of adhesives and lubricants widely used by automakers, according to a Nov. 8 letter to clients reviewed by Reuters. Henkel uses the silvery metal to make its Bonderite and Teroson-branded products, core parts of the company's adhesive technologies division, which brought in 10.79 billion euros ($11.4 billion) in revenue last year.
07.12 / 04:25
markets
security
Analysis
Trade
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recommendations
RBI introduces new interest rate benchmark
Reserve Bank of India (RBI) has decided to float a new interest rate benchmark — the Secured Overnight Rupee Rate (SORR) — to capture the essence of the broader money markets and to improve credibility of the index. The new benchmark will be based on the secured money market transactions — both market repo and tri party repo (TREPS). Together, they account for 98% of overnight money markets and include participation from both banks and non-banks.
07.12 / 04:25
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Digital
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PAM
BPSC protest: Khan Sir released from Patna's Gardanibagh police station
The YouTuber was joined after he joined the protests by Bihar Public Service Commission (BPSC) aspirants in Patna earlier on Friday against the commission over the anticipated changes in exam pattern. The protesting students are demanding that exams be held in 'One Shift and One Paper' to avoid the normalisation process.
07.12 / 03:09
markets
Digital
Software
Experts
country
International
UNGA unanimously adopts resolution co-sponsored by India declaring December 21 as World Meditation Day
UN General Assembly draft resolution that was unanimously adopted to proclaim December 21 as World Meditation Day. India, including Liechtenstein, Sri Lanka, Nepal, Mexico and Andorra, was a member of the core group of countries that guided the unanimous adoption of the resolution titled 'World Meditation Day' in the 193-member UN General Assembly on Friday. «A day for comprehensive well-being and inner transformation! Glad that India along with other nations of the core group guided the unanimous adoption of the resolution on the declaration of December 21 as World Meditation Day @UN General Assembly today (Friday),» India's Permanent Representative to the UN Ambassador Parvathaneni Harish said in a post on X.
07.12 / 00:07
markets
Experts
BABA
reports
medicines
International
Baba Vanga Predictions: What is in store for the world in 2025? Here's what the Nostradamus of the Balkans has already predicted
Nostradamus of the Balkans, Baba Vanga predictions are taken seriously by many on the planet, with one of her predictions reportedly being the 9/11 attacks on US soil, that is itself quite surprising in nature. However, these predictions lack verifiable data and have an interpretive nature, and therefore, must be followed with ultimate caution. Vangeliya Pandeva Gushterova, who is also known as 'Baba Vanga' is known for some predictions that have reportedly come true. And now, reports suggest that she had made some predictions about the coming year 2025 too, which could be life-changing for millions on the planet.
06.12 / 21:29
markets
Digital
Election
President
Experts
PAM
social
French President Emmanuel Macron accused of boss-level trolling of Donald Trump on social media; here's what he posted
Donald Trump on winning the 2024 election. But for humorous reasons, one post stood out. French President Emmanuel Macron is among the world leaders who have congratulated Donald Trump on his recent victory in the US election. However, one word in Macron's statement has undoubtedly caused some people to take notice. The French leader stated on social media that he is ready to work together with Trump, just as they did during the 78-year-old's previous term in office, which lasted from 2017 to 2020.
06.12 / 21:29
markets
Digital
SPY
film
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Interviews
Nobody Wants This Season 2: Adam Brody reveals exciting update about upcoming episodes
The actor revealed in a recent interview on Andy Cohen Live that filming for the new season will commence in February 2025. This comes after the series quickly gained traction following its debut in September 2024, earning widespread acclaim before being swiftly renewed in October, as mentioned in the Digital Spy report.
06.12 / 21:29
markets
Digital
Booking
Career
film
Experts
PAM
Nightbitch on streaming: When and where to watch Amy Adams’ Film on OTT
As a Searchlight Pictures film, it is expected to land on either Hulu or Disney+, depending on your location. For subscribers who have the Disney+ and Hulu bundle, the film may be accessible on both platforms.
06.12 / 21:29
markets
Target
Digital
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US Fed to cut whopping 125 basis points? Here is the latest bps interest rate cut projection
Meanwhile, brokerages including Morgan Stanley are reiterating their expectation of a 25-basis-point interest rate cut by the U.S. Federal Reserve in December, following the nonfarm payrolls data. Financial markets currently assign a probability of around 70 per cent that the Fed will cut rates by a quarter percentage-point at its December meeting, and a roughly 30 percent chance it will pause, according to data from CME Group.
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