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FTX founder Sam Bankman-Fried shortly after the cryptocurrency exchange's collapse in part because they secured the cooperation of its chief software engineer, one of the prosecutors said on Tuesday. Speaking five days after Bankman-Fried was sentenced to 25 years in prison, Assistant U.S. Attorney Thane Rehn said former FTX Chief Technology Officer Gary Wang's assistance was key to helping investigators understand how Bankman-Fried stole $8 billion in customer funds.

Pep Guardiola insists Manchester City's experience of thriving under the pressure of a title race will not be the decisive factor in who wins the Premier League. Guardiola's men are aiming to become the first side to ever win four consecutive English top-flight titles and claim their sixth Premier League crown in seven seasons. However, City will have to come from behind in the final nine games of the campaign after a 0-0 draw at home to Arsenal on Sunday left them still in third.

Cement producers across the country are set to hike prices by an average of Rs 10-15 per bag this month, even as demand is seen subdued due to a slowdown ahead of general elections. While price hikes could be sharper in some regions, including southern India, dealers do not see these sustaining and expect hikes of only around Rs 10-20 to hold up. Cement prices have corrected for five months in a row now, and average prices for the March quarter are 5-6% lower as compared to the December quarter, with price cuts sharpest in east and south India.

Supreme Court's decision to hear a plea seeking complete count of Voter Verifiable Paper Audit Trail paper slips in the forthcoming Lok Sabha polls has brought back the focus on the Election Commission of India's rationale in limiting the verification to five randomly selected EVMs. The poll panel has defended its rationale in courts and also found support from experts such as the Indian Statistical Institute which said the random formula was statistically sound. After a petition by over 20 political parties in 2019, SC mandated physical verification of EVM-VVPAT counts in 2% polling booths per constituency. Of the 20,687 polling stations where the mandatory physical verification of VVPAT slips was conducted on SC orders in 2019, eight cases of mismatch were found, which EC said were mainly due to 'easily explainable human errors'. The mismatch estimated at 0.0004% had no impact on the results in all eight cases, EC maintained.

Audit fees for Nifty 500 companies increased by a modest 28% between 2018 and 2023, indicating that they have lagged behind their growth and operational performance, as market capitalisation grew 92.75%, net sales rose 83.7%, and profit after tax (PAT) increased 126.2%. According to data provided by Prime Database, audit fees grew from ₹1,114 crore in FY18 to ₹1,430 crore in FY23 for Nifty 500 companies and from ₹404 crore to ₹466 crore for Nifty 50 companies. While the audit fee hike is marginal, the sharply increasing complexity in business operations, heightened regulatory oversight on listed companies, growing complexity in reporting requirements, and escalating talent and organisation costs every year are putting auditors in a tough spot.

₹12,000 in FY25. Will it undermine growth in an industry that is already facing multiple headwinds? Mint finds out. The electric mobility promotion scheme was announced by the ministry of heavy industries in March with a duration of four months from April to July 2024.

Quinton de Kock's astute fifty and pace sensation Mayank Yadav's youthful brilliance fashioned Lucknow Super Giants' 28-run romp over Royal Challengers Bengaluru in their IPL match here on Tuesday. Lucknow constructed their 181 for five around Quinton De Kock's 81 (56b) and Nicholas Pooran's unbeaten 40 (21b). RCB threatened to miraculously scale 182 briefly through Mahipal Lomror, who produced a forceful 33 off 13 balls. However, Mayank's scorching three-wicket haul (3/14) was not to be denied as the hosts were bundled out for 153.

luxury hotels of brands such as Fairmont, Raffles and Sofitel opening up in the years ahead besides hotels of other brands from Accor’s luxury and lifestyle division, said Sébastien Bazin, group chairman and CEO of the French multinational hospitality chain and Europe’s largest hotel chain in an interview with ET. Accor will open 30 hotels in India totalling about 5,500 keys in the next three to five years. The chain currently has 62 hotels in India totalling around 11,000 rooms, but that’s not enough, Bazin said. “I have been a big believer in India, but we have 2000 hotels in France and less than 100 hotels in India. Going by the size of the country, we should have well over 1000 hotels here. I know this is going to take very long but it should happen in the future and it is going to be worth it. We will need more Accor employees here across many different layers over time and we will have to give them greater decision-making powers," he added.

UltraTech Cement has crossed 150 million tonne in production capacity with the commissioning of two greenfield units in Tamil Nadu and Chhattisgarh on Tuesday. The country’s largest producer of cement can now produce as much as 150% of cement produced in US, while equaling four-fifth of the total production of cement in Europe. “Reaching this milestone is symbolic of India’s ascent on the global stage and demonstrates the dynamism and scale of Indian corporations,” Kumar Mangalam Birla, chairman of the Aditya Birla Group said.

PTI. Though the minister said that it was 'inevitable', he called for heightened efforts to achieve the goal. Jaishankar pointed out that the international momentum is now favouring India's bid for a permanent seat. Addressing intellectuals in Rajkot, the external affairs minister said India needs diligent work to secure the coveted position in the world peace body.

₹32,400 crore for capital expenditure (capex) over the next three years as part of its expansion plans. The company said it plans to increase its capacity to around 200 million tonnes per annum (MTPA) in the near future. It also announced the commissioning of two new greenfield projects with a total capacity of 5.4 MTPA in an exchange filing.

Congress, Azad left the grand old party in 2022. He floated his own political outfit-DPAP soon after. "Today the core committee of DPAP met and we have decided that (party president) Ghulam Nabi Azad will contest the Anantnag-Rajouri seat," DPAP leader Taj Mohiuddin said.

When David Gilson’s family had the flu spread throughout their house in February, his daughter and wife both had mild cases.But when David’s virus hit, it left him with a temperature of 104°F, his wife Mary told Global News.She said after taking advice from Nova Scotia Health’s 811 services, Gilson went to Fishermen’s Memorial Hospital in Lunenburg. After some tests, he was sent home, with doctors telling the 45-year-old he had a case of viral hepatitis.Hours later, he was rushed back to the ER after developing pain and swelling in his legs.Little did he know at the time that he developed necrotizing fasciitis from invasive group A streptococcal (iGAS).“They were battling to stave off the infection.

The report from Juniper Research predicts that embedded finance revenue will exceed $228bn by 2028 thanks to advances in technology.

A weekly central Kansas newspaper and its publisher have filed a federal lawsuit over police raids last summer of its offices and the publisher’s home

Apollo Tyres Ltd stock has underperformed the market over the past month. Investors have understandably turned cautious amid the recent spike in prices of rubber, and demand is expected to be weak in the near term. But the company does have a cushion, with high-margin segments growing their share and debt falling.

Prime Minister Narendra Modi on Tuesday hit back at Congress leader Rahul Gandhi for his remark ‘India would be set on fire, if BJP got elected for the third time’. For the unversed, Rahul Gandhi, while addressing Opposition's Ramlila Maidan rally on Sunday, said, “PM Modi had fixed the match of the election and before the election sent two chief ministers to jail." The Congress leader also said, “If the BJP wins these fixed elections and changes the Constitution, the country will be on fire." On Tuesday, hitting back at Rahul Gandhi, the prime minister said, “The shahzada (prince) of the Congress Shahi family has given a clarion call that if the country chooses the BJP for the third time, the country will be set on fire. They have been out of power for 10 years after ruling 70 years in the country and are speaking of setting the country on fire!" “Do you approve of this? Will you allow the country to be set on fire? Is this language acceptable? Is this the language of democracy? Won't you punish people who say such words," he added while speaking at at rally in Uttarakhand.

Sanjay Raut on Tuesday said the Maha Vikas Aghadi (MVA) is still interested in holding seat-sharing talks with the Prakash Ambedkar-led Vanchit Bahujan Aghadi (VBA), which has already declared candidates for several Lok Sabha seats. Talking to reporters, Raut reiterated his demand to scrap electronic voting machines (EVMs) and conduct polls on ballot papers, claiming that the BJP will bear the brunt if polling is not conducted on EVMs. Prakash Ambedkar was in talks with the MVA, comprising the Congress, the Nationalist Congress (Sharadchandra Pawar) and the Shiv Sena (UBT), for the Lok Sabha polls but recently announced candidates for 20 out of 48 seats. The Sena (UBT) leader claimed that Ambedkar's party stopped talks with the MVA, which had given it a proposal for five seats, including Akola, Ramtek, Dhule and a seat in Mumbai.

Authorities in Russia’s Far East have called off a two-week-long rescue effort to reach 13 workers trapped deep underground in a collapsed gold mine and declared them dead

UPS will become the primary air cargo provider for the United States Postal Service

Manufacturing in China expanded in March after contracting for five consecutive months