Experts Financial News

01.11 / 14:31
markets Digital Manufacturing economy Boeing Experts US manufacturing drops to 15-month low in October
US manufacturing activity slumped to a 15-month low in October and factories faced higher prices for inputs. The Institute for Supply Management (ISM) said on Friday its manufacturing PMI fell to 46.5 last month, the lowest level since July 2023, from 47.2 in September. A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. The decline in the PMI could be reflecting a strike by factory workers at planemaker Boeing, which has halted the production of its best-selling 737 MAX as well as 767 and 777 wide-body programs. The labor strife contributed to depressing industrial production in September.
01.11 / 14:31
markets Digital Google Sustainability Election Experts Department Election Commission accepts Jharkhand government proposal to appoint Alka Tiwari as chief secretary
Election Commission on Friday accepted the Jharkhand government's proposal to appoint Alka Tiwari as the chief secretary of the poll-bound state. Assembly polls in Jharkhand will be held in two phases — November 13 and November 20. Tiwari, who is from the 1988 batch, is currently the senior-most IAS officer in the cadre. Before this, the poll panel had also consented to the proposal of a five-month extension of the tenure of former chief secretary Lalbiaktluanga Khiangte, the sources said.
01.11 / 14:31
markets Citizens security Election students Experts information 19-year old Chinese student votes in U.S elections in Michigan, arrested for felony but vote will be counted
Michigan Secretary of State Jocelyn Benson and Washtenaw County Prosecutor Eli Savit jointly condemned the illegal vote, stressing that only U.S. citizens have the right to vote in federal elections. Although the ballot was cast illegally, due to the anonymous nature of U.S. ballots, it will still be counted in the final tally. Legal experts, including Andrew McCarthy, explain that election officials cannot identify or retrieve a specific ballot once it has gone through the voting tabulator, maintaining the U.S. tradition of a «secret ballot.» Also Read: How Puerto Rico could sway 2024 US Elections despite no electoral vote
01.11 / 14:31
markets Digital Google Sustainability awards Research Experts Lenders to Vizag Steel form consortium for uniform debt resolution
RINL) have formed a consortium to prepare a uniform debt resolution plan for the government-owned Navratna company that has been under financial stress due to working at one third of its capacity. RINL is the corporate entity of Vizag Steel. State Bank of India (SBI), which is its largest lender with about Rs 6,400 crore of fund exposure, has led the formation of the consortium, a person familiar with the matter said.
01.11 / 14:31
markets Digital Experts Celebrity PAM 2020 Kiren Rijiju interacts with Chinese soldiers near Tawang
Kiren Rijiju on Friday said he interacted with soldiers of China's People's Liberation Army along the Sino-Indian border near here during a visit to an Indian Army post on Diwali. Rijiju also said he celebrated Diwali with the Army jawans at Bumla in Arunachal Pradesh on Thursday. In the short video, posted on X, the union minister of parliamentary and minority affairs was seen talking to three PLA soldiers through an interpreter asking them how they were managing while being posted in such a high-altitude area which is located 15,000 feet above sea level. The PLA soldiers replied that they had no problems while serving in such areas and they were comfortable.
01.11 / 14:31
markets President students Experts Universities Colleges International Visa fears for international students as U.S vote nears
Originally from the southern Rivers State in Nigeria, where he got his undergraduate degree, Amaechi now works as a part-time teacher at a community college thanks to a scheme that allows students to stay on after they graduate and get work experience. But Amaechi's Optional Practical Training (OPT) benefit, which is linked to his student visa, is about to run out.
01.11 / 12:37
markets economy Metro wellness Experts Condo owners' pain could be condo buyers' gain, as market meltdown continues
Buy low, sell high, they say. Well, it looks like condo sellers in some towns (looking at you, Toronto) are about to give buyers a windfall chance at low prices.
01.11 / 12:01
markets Analysis Research MSCI Trade Experts Pharmaceuticals 2 reasons why stock market is witnessing a tougher Diwali than expected
Indian indices have fallen 7-8% in the last month, wherein US indices have inched up 1-2% and the rest of world, including China, being stable. This could be due to two reasons a) The Chinese stimulus package announced in September to revise their real estate and stock markets b) Weaker than expected earnings results for India Inc. in Q2F2025 so far. FII outflow at over US$ 10 billion has been unprecedented, probably moving into China. The India Earnings growth story has been delayed but not derailed and it is just a matter of time. The themes we would like to be invested in the current environment are largely domestic facing sectors like the capex-related power sector against global, especially since we are having strong economic tailwinds and global headwinds for slowdown in growth. In the global facing sector, we would like to be invested in India’s outsourcing stories like pharmaceuticals.
01.11 / 09:21
markets Digital security Sustainability Experts PAM social Gurgaon’s luxury vs. NYC’s skyline: What $3 million gets you in the global real estate scene
real estate prices between India and the United States. Ahluwalia shared a side-by-side comparison, asking followers, “Which $3M apartment would you prefer?” This question sparked considerable debate about the perceived overpricing of real estate in India, leading many to question the market dynamics. In Gurgaon, an investment of approximately ₹26.8 crore (around $3 million) can secure a 4BHK or 5BHK apartment in a prestigious residential society. Listings from 99 Acres show that this amount affords a property exceeding 5,000 square feet, equipped with amenities like a swimming pool, covered parking, a gym, a spa, and access to green spaces. While this offers a luxurious lifestyle, it is strikingly different from what the same sum can purchase in New York.
01.11 / 09:21
markets Digital Experts PAM performer social cricket Heinrich Klaasen beats Virat Kohli as he tops IPL 2025 retention prices
Heinrich Klaasen received the highest retention price ahead of the IPL 2025 mega auction, surprising many as he surpassed Virat Kohli. Sunrisers Hyderabad (SRH) on Thursday retained Klaasen for Rs 23 crore, underlining his impact and value to the team. Following Klaasen, Royal Challengers Bangalore (RCB) retained Virat Kohli for Rs 21 crore. Although Kohli is one of the most accomplished players in the league, his retention price was slightly lower and the team also sealed only three spots including the former captain.
01.11 / 09:21
markets Digital community Experts Celebrity PAM gatherings Justin Trudeau extends Diwali wishes amid India-Canada tensions
Canadian Prime Minister, Justin Trudeau, on Friday extended Diwali wishes amid tensions with India. «Today, we join millions of people in Canada and around the world to celebrate Diwali,» his statement read. “Diwali in Canada would not be possible without our incredible Indo-Canadian community," it further said. While lauding the Indo-Canadians, the PM said that they represent the best of Canada – as artists and entrepreneurs, as doctors and teachers, as leaders in business, community, and culture. «On Diwali, we celebrate them and the light they carry across Canada’s communities,» he further added. Explaining the significance of the auspicious occasion, Trudeau's statement read, «Diwali celebrates the triumph of good over evil, of knowledge over ignorance. On this day, families will gather to pray at mandirs, exchange gifts, and take part in festivities across the country. Homes will be lit with candles and diyas. Fireworks will embrace the sky. This is a holiday of hope, and the bright lights of Diwali encourage us all to defeat darkness and find purpose.»
01.11 / 07:33
markets Southern film Experts audience stars Features Jr NTR, Prabhas' new films capitalise on past hits to dominate Hindi box office
Subscribe to enjoy similar stories. Southern film heroes Prabhas and Jr NTR are reaping the benefits of their movies such as Baahubali and RRR, which turned out to be massive hits in the Hindi-speaking northern belt. Their new releases such as Salaar and Devara, dubbed in Hindi, are generating box-office success even though they are unrelated to their earlier hits, trade experts said.
01.11 / 06:53
markets Digital Cooper Experts performer country Schools Exercise Vajra Prahar 2024 to take place in US' Idaho, enhancing cooperation between Indian and US Army Special Forces
Exercise Vajra Prahar 2024, a joint military exercise between the Indian Army and the US Army Special Forces, will take place at the Orchard Combat Training Centre in Idaho, USA, from November 2 to November 22, according to an official Indian Army statement. «The aim of Exercise Vajra Prahar is to promote military cooperation, strengthen interoperability, jointness, and mutual exchange of special operations tactics between the Indian Army and the US Army,» the Indian Army said via a post on X. The post also added, «Two nations, one mission: Training together for peace.»
01.11 / 06:53
markets Digital Progressive Experts PAM country beautiful Amit Shah greets people of Andhra, Karnataka, Kerala, Haryana, Chhattisgarh, MP on statehood day
Amit Shah on Friday greeted the people of Andhra Pradesh, Karnataka, Kerala, Haryana, Chhattisgarh and Madhya Pradesh on their statehood day, saying they had contributed immensely to nation-building. In separate messages on X, Shah expressed hope that the states would continue the journey of progress and development uninterrupted in the coming years. «Best wishes to our sisters and brothers in Andhra Pradesh on their statehood day. With its vibrant culture and rich literary traditions, Andhra Pradesh has made Bharat proud by its immense contribution to nation-building. May the state touch new heights of development,» he said. Expressing heartfelt greetings to the «sisters and brothers» in Karnataka on «Rajyotsava», the home minister said that as proud inheritors of a glorious heritage, the people of Karnataka had contributed immensely to enhancing the nation's pride.
01.11 / 06:53
markets Digital Experts PAM social gatherings Headlines Bibek Debroy, the economist who once created a furore with proposal to tax farmers
Economic Advisory Council to the Prime Minister, Bibek Debroy, passed away on Friday, aged 69. Debroy, a Padma Shri awardee, has held several key offices including Chairman of the Finance Ministry's 'Expert Committee for Infrastructure Classification and Financing Framework for Amrit Kaal' and a member of government think tank, NITI Aayog. But he gathered all the attention and made headlines when he proposed taxing agriculture income above a certain threshold to expand the tax base, alarming a large population in India, even the government.
01.11 / 06:53
markets Digital Cooper Experts Department Schools parachuting Indian Army contingent departs to Indonesia for joint exercise 'Garud Shakti'
Indian Army special contingent of 25 personnel departed to Indonesia on Friday for a joint exercise 'Garud Shakti'. The 9th edition of India-Indonesia Joint Special Forces Exercise Garud Shakti 24 will be conducted from November 1 till 12. The Indian Army personnel will be reaching Cijantung in Jakarta, Indonesia.
01.11 / 04:07
markets FIVE Digital Action Election Experts social Elon Musk's $75 million support for Donald Trump: Five ways he’s shaping the 2024 Presidential Election
Elon Musk has emerged as a major supporter of Donald Trump's campaign to return to the White House. Here are five ways Musk is influencing the election against Kamala Harris: 1. Financial Support Musk established the America political action committee (Super PAC) in July, primarily aiming to support Trump and the «Make America Great Again» (MAGA) movement. This Super PAC has received around $75 million from Musk in the past three months. It focuses on boosting Republican voter turnout in seven key swing states. The PAC's initiatives, like offering cash incentives for petition sign-ups, have generated legal debates. Philadelphia's chief prosecutor has filed a lawsuit challenging a daily $1 million lottery prize for petition signatories as an «illegal lottery scheme.»
01.11 / 04:07
markets Citi Digital Bill Experts PAM guidelines Joint Parliament Committee on Waqf bill to visit 5 cities for study tour
Lok Sabha Secretariat announced on Thursday that the Joint Committee on the Waqf (Amendment) Bill, 2024, will conduct a study tour across five Indian cities. The committee will visit Guwahati, Bhubaneswar, Kolkata, Patna, and Lucknow from November 9 to November 14, as part of its examination of the Waqf (Amendment) Bill, 2024. According to an official communication from Joint Secretary JM Baisakh, the study visit program is designed to assist committee members in their review of the proposed bill.
01.11 / 04:07
markets Digital Sustainability Experts PAM reports Delhi records over 300 fire-related incidents on Diwali
Delhi Fire Service (DFS) received over 300 calls reporting fire-related incidents on Diwali, though no life-threatening cases were reported, an official said on Friday. Speaking to ANI, Delhi Fire Services Director Atul Garg said that between midnight and 6 am, approximately 158 fire-related incidents cases were reported. «There were no major calls but we received many. From 5 pm yesterday until midnight, around 192 calls were logged, and between midnight till 6 am around 158 more were reported. From 5 PM to 5 AM, in just 12 hours the 300 mark was crossed,» Atul Garg said.
01.11 / 03:39
markets Reuters security Research Experts Universities information Chinese researchers develop AI model for military use on back of Meta's Llama
Meta's publicly available Llama model to develop an AI tool for potential military applications, according to academic papers and analysts. In a June paper reviewed by Reuters, six Chinese researchers from three institutions, including two under the People's Liberation Army's (PLA) leading research body, the Academy of Military Science (AMS), detailed how they had used an early version of Meta's Llama as a base for what it calls «ChatBIT». The researchers used the Llama 2 13B large language model (LLM) that Meta released in February 2023, incorporating their own parameters to construct a military-focused AI tool to gather and process intelligence, and offer accurate and reliable information for operational decision-making.

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