Inside Financial News

NEW DELHI : Refurbished smartphones and no-interest financing schemes spread over two years became the clear demand drivers for retailers in last week’s Diwali sale, which were better than industry expectations, insiders said. The two factors combined to offer a silver lining for India’s smartphone sellers, even as organic demand for smartphones continued to remain tepid at best in the second-largest smartphone market in the world.

More than 150 startups around the globe are chasing the same ambitious goal: meat conjured from animal cells that doesn’t require raising and killing animals

Madhabi Puri Buch said addressing an event organised by industry body Ficci. The Sebi chairperson mentioned that it is widely believed that Sebi is "very dogmatic about insider trading" but the market regulator has taken steps and initiated consultations to relook the norms around insider trading. She also added that to drive regulations, Sebi is using data and backtesting the data.

Canadian border guards’ discovery of 300 kilograms of meth inside a truck led the RCMP to arrest a Toronto couple while taking more than $13 million of drugs off the street.In a release issued on Wednesday, the RCMP say the investigation began after the search of a semi-truck at the Ambassador Bridge border in Windsor discovered 300 kg of methamphetamines inside what at first appeared to be a normal payload.The driver of the truck was arrested by Canadian Border Services before being turned over to the RCMP.

Israel-Hamas war LIVE updates The Israeli army soldier entered the MRI centre of the Shifa hospital in Gaza. "A few of the thing that we found, totally confirms, without any doubt that Hamas systematically uses hospitals in their military operations in violation of the international law". “These weapons have absolutely no business being inside a hospital," the military spokesman, said in the video, adding that he believed the material was “just the top of the iceberg." The military said the search was continuing, but it did not immediately show any sign of tunnels or an extensive military center.

The South Korean crypto exchange Bithumb has effectively confirmed reports that it is hoping to launch an initial public offering (IPO), but may be hampered by financial issues and ongoing legal problems.

Here are the latest updates on the Israel-Hamas warUS President Joe Biden said that Israel war in Gaza to stop 'when Hamas no longer maintains the capacity' to murder. Biden added he made it clear to Israelis it would be a mistake to occupy Gaza.In a video by the Israeli Air Force, the military launched a strike on a Hezbollah post in Lebanon.

By Nidal al-Mughrabi

earthquake with a magnitude of 3.6 struck Standard, Illinois, as reported by the United States Geological Survey (USGS). Standard, located approximately 100 miles southwest of Chicago in Putnam County, became the epicenter of the seismic activity that unfolded at 4:42 a.m. The quake's effects rippled across the region, reaching as far as Ottawa, Streator, Pontiac, and Springfield, with reports of residents in Aurora and DeKalb County also feeling the impact, according to the USGS. While a 3.6 magnitude earthquake is classified as «light» on the USGS intensity scale, indicating that residents might have experienced a «light» shaking, it is not anticipated to cause significant damage. On the USGS scale, «light» ranks as level three out of nine. The Associated Press quoted administrative Lt. Doug Bernabei from the Peru Police Department several miles north of Standard, who described the immediate aftermath. «It shook my house. It wasn’t a rattle, I thought something hit the house. A lot of people were waking up,» he said, emphasizing the surge of 911 calls received by the dispatch center.

Loose rocks have been falling into a tunnel that rescuers are trying to create and this is the main challenge facing the operation at the moment, said a top official in Uttarakhand state, where the disaster occurred. The men are trapped in an area of about 50 metres and are safe, officials said, with food, water and oxygen being supplied through a pipe since the collapse early on Sunday, and frequent contact is being made with them through walkie-talkies. «The plan is to drill through the debris, put mild steel pipes in it and make a path for the labourers to move,» Ranjit Sinha, the top disaster management officer in Uttarakhand, told Reuters by phone. «The only challenge is to remove the debris as it is very loose and it keeps coming back.» India's Himalayas are prone to landslides, earthquakes and floods. The tunnel collapse follows incidents of land subsidence that have been blamed on rapid construction in the mountains. A high-powered auger drilling machine is being set up at the site to cut through the debris at 2.5 metres an hour as opposed to one metre by the previous machine that suffered a glitch, Sinha said. An estimated 50 metres remains to be drilled through before the trapped workers are reached, said Anshu Manish Khalkho, an official of the state-run highway management company NHIDCL. CRITICISM There were up to 60 men on the night shift in the 4.5-km (3-mile) tunnel when it caved in before dawn.

Uttarkashi. Since Sunday morning, the debris is being removed from the site to create an escape tunnel for the workers. Officials have “contacted the Thai company which rescued the children trapped in the cave," the Uttarakhand government's department of public relations said in a statement.

Workers chanted slogans at the mouth of the tunnel on the Brahmakhal-Yamunotri National Highway, protesting over the «slow» pace of the operation to rescue their colleagues trapped inside for over 72 hours now. The plan was to use an 'auger machine' to drill through the rubble of the tunnel's collapsed portion and insert 800-mm and 900-mm diameter sections of mild steel pipes — one after the other. Once this happens, the workers trapped on the other side of the rubble can crawl out to safety.

pest control company, The Pest Informer, is making headlines by offering homeowners a unique opportunity – a payment of $2,500 in exchange for willingly allowing technicians to release around 100 American cockroaches into their homes. This unconventional initiative aims to evaluate the effectiveness of a specific pest control technique, and homeowners are expected to endure the infestation for approximately 30 days.

Al Shifa hospital, the main medical facility in the besieged Gaza Strip, alleging that it was partly being used by the Palestinian militant group Hamas as a hideout and for storage of weapons. The Israel Defence Forces (IDF), in its statement, claimed that the troops are acting in a “professional" manner to prevent any harm to the civilians who are present inside the medical facility. "All men 16 years and above, raise your hands," Arabic speaking Israeli soldiers shouted, as they entered into the main building, news agency AFP reported, citing a journalist present at the spot.

The leader of the United Arab Emirates has toured the Dubai Air Show as a sanctioned Russian arms supplier displayed an attack helicopter used in its war on Ukraine

A post shared by Courteney Cox (@courteneycoxofficial) Earlier yesterday, Matt LeBlanc, the actor who played Joey Tribbiani in the NBC sitcom ‘Friends’ has written an emotional goodbye note to Matthew Perry. Posting for the first time about Perry's death, Le Blanc, 56 posted a picture of their cult series on Instagram and wrote, “It is with a heavy heart I say goodbye. The times we had together are honestly among the favorite times of my life.

Read the latest updates on the Israel-Hamas war hereThe Israel army, which is carrying out a "precise and targeted operation" against Hamas in a specified area in the Shifa Hospital, has asked the Gaza-run militant group to surrender."We call upon all Hamas terrorists present in the hospital to surrender," Israel Defense Forces wrote on the X platfrom.The Israeli military entered Gaza's largest hospital early Wednesday, conducting what it called a “precise and targeted operation against Hamas in a specified area" of the facility. The IDF said, “conducting a ground operation in Gaza to defeat Hamas and rescue our hostages.

Dabur group on Tuesday refuted the allegations of being involved in the Mahadev online betting app scam after members of the promoter family were named in two first information reports (FIR) filed within a week in Mumbai. A group spokesperson said the FIRs were “false and baseless", and part of an attempt to block the acquisition of Religare Enterprises Ltd. The first FIR, filed on 7 November, alleged that the Burmans, who co-own the IPL team Punjab Kings, are part of a cricket betting racket.

WWE commentator Kevin Patrick, who assumed the lead RAW commentator role from Jimmy Smith, is facing scrutiny for his recent performance on SmackDown. Triple H, amidst various changes in WWE, appointed Patrick to the commentary booth, a decision not well-received by the WWE Universe. The 37-year-old Irish commentator initially joined WWE in 2021 as a backstage interviewer before transitioning to the commentary desk following Jimmy Smith's departure.

«If everything goes as planned, the trapped labourers will be evacuated by Wednesday,» he said after visiting the tunnel and taking an update on the operations from officials at the site. Most of the day went into preparing a platform inside the tunnel to position the auger machine for drilling through the rubble. The drilling machine and the pipes arrived at the site early on Tuesday.

Steve Norton, who ran the first U.S. gambling facility outside Nevada — Atlantic City's Resorts casino — has died