Extreme Financial News

extreme temperatures driven by climate change will increase risk of preterm birth by 60 per cent, causing several lifelong complications for millions of children around the world, a new research has found. Analysing results from 163 health studies globally, researchers said they have determined that climate change will be directly responsible for multiple detrimental health impacts in children, including higher occurrences of respiratory illnesses and more hospitalisations. The researchers, led by those at The University of Western Australia, warned that lack of global action on climate change will likely devastate children's health for generations. They said their study, published in the journal Science of the Total Environment, was the first to collect all the available scientific evidence for the effects of climate change on children's health.

Notwithstanding the wild moves seen in shares of Paytm in the last three weeks following the RBI ban on Paytm Payments Bank, Anand James, Chief Market Strategist at Geojit Financial Services, sees a trading play in the stock. “Our upside objective is in the region of Rs 500-550, but would be mindful of the chances of major collapse, should we not get above Rs 430. An aggressive stance would be to have Rs 390 as the downside marker,” he said. Edited excerpts from a chat: Following new peaks made by Nifty this week, how cautious would you be in the next week ahead of the monthly F&O expiry? What are the key levels to watch out for? Anand James: As we step into the last week of February series, rollovers have started to gain momentum in Energy, Metal and Chemical stocks, with 85% of F&O stocks appearing to witness long buildup since last expiry and 53% on a week on week basis. Meanwhile, 11% of F&O stocks saw Short buildup since last expiry and 42% on a week on week basis. Long addition was visible in Cement, Capital goods, Oil, Auto and Pharma stocks since beginning of this expiry.

Ajay Tyagi, Head — Equities, UTI AMC, says “sometimes things which are overdone on the other side by which I mean, let us say, highly undervalued may just have no other trigger but that trigger of being extremely cheap. For those investors who are viewing these businesses over a 3-5-year perspective in the future rather than just the next three months would just start to buy into them because they find them extremely attractive on valuation. I cannot say which trigger would work, what event would work but suffice to say, we have seen this multiple times over multiple decades that valuations itself is the biggest trigger more often than not.”

Chirag Setalvad, Head- Equities, HDFC AMC, says the government is spending a tremendous amount of money on infra and hence businesses related to infra and investments are doing extremely well. So, that is the first part. The second is private capex has been a laggard and it has been a laggard now for 3, 4, 5, 6 years, right. It has been the great hope and it has not panned out. But eventually it will, it is not like we are never going to spend capex on the private sector side. So, that will be the second leg which will eventually drop. The capex story can continue for many years. It will bring in construction companies. It will bring in equipment providers. That is the story which has strong legs and many years to go. Clear tailwinds are visible there. A purist who tracks technology tells me AI is just a passing phase. It happened with Y2K, they evolved. It happened with the enterprise, they evolved. It happened with digital, they evolved and they survived Covid. AI is something which will be part of every Indian IT services DNA and they will fly in coming quarters. What is your understanding? Chirag Setalvad: I do not think any of us know what AI is.

DMK) in Tamil Nadu on Saturday sealed the seat-sharing agreement with its two alliance partners. Weeks after initiating seat-sharing talks with allies for the Lok Sabha elections, an agreement was signed by the Chief Minister and Party president, MK Stalin. DMK's long-time ally, the Indian Union Muslim League (IUML) has been allotted the Ramanathapuram Parliament Constituency.

An Ohio mother has pleaded guilty to aggravated murder after she left her 16-month-old daughter in a playpen at home while she went on a vacation.

Oppenheimer’ has a new fangirl, and it’s none other than Bollywood ‘Queen’ Kangana Ranaut! The ‘Tanu Weds Manu’ star recently couldn’t stop gushing about the ‘Father Of The Atomic Bomb’. Taking to X (formerly Twitter) on Friday, the actress said that the American theoretical physicist reminded her of Indian rishis or saints. Sharing an old black and white photograph of the scientist where he appears extremely emaciated, she observed that the more “intellectual” an individual is, the less they are concerned over the matters of the body.

Israel-Hamas conflict could attack crowds at events in Canada.In a series of strategic intelligence briefs issued in the wake of the Oct. 7 Hamas attack on Israel, the analysts cautioned about mass violence spilling into this country.The Integrated Terrorist Assessment Centre (ITAC) predicted attacks could target protests, cultural centres, diplomatic posts “or other symbols of Israeli or Palestinian interests in Canada.”Such an attack would likely be carried out by a “radicalized lone actor” using readily available weapons, ITAC wrote in the briefs circulated last October and released to Global News.“It is possible that ideologically and religiously motivated violent extremists and lone actors may be triggered by events and mobilize to violence and conduct a mass casualty attack at large gatherings,” ITAC wrote in a brief on the Canadian implications of the conflict.ITAC is a federal government team, composed of members of the security and intelligence community, that assesses threats to Canada.In December 2023, police in Ottawa arrested a youth who has been charged with plotting a terrorist attack against the Jewish community.Additional charges filed on Feb.

Drivers in eight Midwestern states will be able to fuel up with a higher blend of ethanol throughout the year under a ruled finalized by the Environmental Protection Agency

India is renewing its push to add rooftop solar to meet the needs of a fast-growing nation that's hungry for energy

Hedge funds pared exposure to the Magnificent Seven megacap tech stocks in the fourth quarter amid signs of extremes in the market, according to Goldman Sachs Group Inc. 

Back in 2013, when Kremlin critic Alexei Navalny was facing bogus criminal charges, I recalled when my great-grandfather, Soviet leader Nikita Khrushchev, compared Russia to a tub full of dough. “You put your hand down in it, down to the bottom," and “when you first pull out your hand, a little hole remains." But then, “before your very eyes," the dough returns to its original state—a “spongy, puffy mass." Navalny’s death more than a decade later proves that little has changed. The prison where Navalny died is a brutal one.

Multi-platform transactions: When transactions involve multiple e-commerce operators, such as Open Network for Digital Commerce or ONDC, the responsibility to deduct TDS falls on the operator directly engaged in payment transactions with the seller. For instance, a buyer-side e-commerce operator (ECO) facilitates interaction with the buyer, while a seller-side ECO manages interaction with the seller. In such scenarios, the seller-side ECO, responsible for making the actual or deemed payment to the seller, must deduct the applicable taxes.

Paytm may just be the beginning. India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open thousands of accounts — the crackdown signals growing impatience from authorities. Hardly a day passes when a bank or fintech firm isn’t fined for failing to properly vet its customers, ensnaring top lenders from State Bank of India to Citigroup Inc. Fed up with the persistent shortcomings, the Reserve Bank of India is likely to get even tougher before Governor Shaktikanta Das steps down this year.

A post shared by People Magazine (@people) “It filled our hearts to once again be surrounded by Canadian people, food and culture. We felt the Invictus spirit and excitement throughout Whistler and Vancouver, and are so grateful to all our hosts for organising such a memorable visit.

International advocacy organization Global Citizen is turning to Gen Z and millennial leaders in its fight to reach the United Nations’ Sustainable Development Goals and end extreme poverty

Mixero is helping people everywhere enjoy more private crypto transactions through its simple,powerful,anonymous mixing service

quasar with a black hole at its heart growing so fast that it swallows the equivalent of a sun a day.The record-breaking quasar shines 500 trillion times brighter than our sun. The black hole powering this distant quasar is more than 17 billion times more immense than our sun, an Australian-led team reported Monday in the journal Nature Astronomy.While the quasar resembles a mere dot in images, scientists envision a ferocious place.The rotating disk around the quasar’s black hole — the luminous swirling gas and other matter from gobbled-up stars — is like a cosmic hurricane.“This quasar is the most violent place that we know in the universe,” lead author Christian Wolf of Australian National University said in an email.The European Southern Observatory spotted the object, J0529-4351, during a 1980 sky survey, but it was thought to be a star.

Houthi attacks on merchant shipping continue to disrupt international trade, driving more cargoes to Asia. Flows to the European Union and the UK plunged as higher freight costs stoked by the ongoing turmoil in the Red Sea, as well as unplanned refinery maintenance in Asia, made trade economics better for sending cargoes east rather than west.

The Indian Express, Janneke Schopman said, I come from a culture where women are respected and valued. I don't feel like that here. I think it's very difficult.

Economist Peter Morici breaks down what the national debt is, why it ballooned to more than $34 trillion and what it means for Americans.