PAM Financial News

The outage has affected not only ChatGPT but also OpenAI's API and Sora platforms. «We're experiencing an outage right now. We have identified the issue and are working to roll out a fix. Sorry, and we'll keep you updated!» OpenAI posted on social media platform X.

US Central Command (CENTCOM) said Wednesday. The command's leader General Erik Kurilla «was present at the implementation and monitoring headquarters today during the ongoing first Israeli Defense Forces withdrawal and Lebanese Armed Forces replacement in Al-Khiam, Lebanon, as part of the (ceasefire) agreement,» CENTCOM said in a statement. «This is an important first step in the implementation of a lasting cessation of hostilities and lays the foundation for continued progress,» the statement quoted Kurilla as saying.

Atul Subhash's death broke, new details from his wife, Nikita's complaint against her in-laws have come to light. Nikita had filed a complaint in Jaunpur, Uttar Pradesh, alleging harassment and assault for dowry. The complaint accused Atul, his parents, and brothers-in-law of demanding additional dowry and subjecting Nikita to physical and mental abuse.

Ministry of Corporate Affairs (MCA) has introduced e-adjudication and e-consultation platforms to streamline legal proceedings and foster a more business-friendly regulatory environment, a senior official said on Wednesday. Addressing the ASSOCHAM-ACCA Global Summit on Responsible Corporate Governance and Sustainability Reporting, Anita Shah Akella, CEO of the Investor Education and Protection Fund Authority (IEPFA) and Joint Secretary at MCA, highlighted the government's commitment to balancing corporate integrity with economic dynamism. The introduction of e-adjudication and e-consultation platforms aims to simplify legal procedures, improve stakeholders' experience, and bolster India's ranking in the ease of doing business.

Donald Trump Jr. was pretty recently spotted holding hands with socialite Bettina Anderson during a birthday celebration for Bettina Anderson in Palm Beach located in Florida, reported US Weekly. According to US Weekly, the couple was eventually seen leaving the restaurant named Buccan while Donald Trump Jr. was dressed in a suit and Bettina Anderson was seen in a stylish outfit featuring a black vest and flowy trousers. This recent public display of affection has fueled several speculations about the status of engagement of Donald Trump Jr. to Kimberly Guilfoyle which has reportedly been rocky during recent times. Donald Trump Jr. and Kimberly Guilfoyle who eventually got engaged in the month of December in the year 2020 have been facing some serious challenges in their relationship while eminent sources are indicating that they have spent a considerable amount of time being apart, asserted US Weekly. Kimberly Guilfoyle was also recently nominated by US President- elect Donald Trump to serve as the US Ambassador to Greece which was a move that coincided with the rising rumors about Donald Trump Jr.'s new romance.

Angelina Jolie and Brad Pitt offered a whopping amount to reunite on screen. They are still going through the most well-publicised and acrimonious divorce in Hollywood history. However, one overly optimistic producer claims that Brad Pitt, 60, and Angelina Jolie, 49, are now being offered a blank cheque if they can successfully put their love of acting aside their differences and co-star in a film, as quoted in a report by Page Six. Danny Rossner says he is serious about his offer and has raised about $60 million from his backers, which he hopes will be enough to persuade enemies Brad and Angelina to put their differences aside.

Grand Theft Auto VI or GTA 6 release date is a much awaited among gamers. The sixth installment of the Rockstar Games' popular video game will once again be set up in the fictional Vice City. The video has witnessed several delays in the its release schedule. There were also rumors that the video game was leaked online even before the schedule release date. GTA 6 was being developed by Rockstar for more than 10 years. However, the makers have assured that GTA 6 will be released as per planned Fall in 2025, as per the report on The Direct.

Nitin Gadkari on Wednesday said the logistics cost in India will come down to 9 per cent within two years. Speaking during bauma Conexpo India, the Road Transport and Highways Minister said that «presently our logistics cost is 14-16 per cent… I assure you that within two years… our logistics cost will be 9 per cent. So we will be more competitive in the international market.» In China, the logistics cost is 8 per cent and in the US and European countries it is 12 per cent, the minister said. The minister further said the automobile industry is one of the important industries that is giving maximum revenue as part of GST to the state governments and the Centre.

Cipla on Wednesday said it has received the nod from Central Drugs Standard Control Organisation (CDSCO) for the exclusive distribution and marketing of Afrezza — inhalation human insulin in India. Afrezza is a rapid-acting insulin delivered through an inhaler as compared to current insulins which are given as injections. Taken at the beginning of a meal, Afrezza dissolves rapidly upon oral inhalation into the lungs and delivers insulin quickly to the bloodstream. Cipla said Afrezza starts working in as early as 12 minutes and helps in reducing the rapid increase seen in sugar levels with meals. The effect of Afrezza lasts for about 2-3 hours and it closely resembles the body’s own response to insulin.

National Company Law Tribunal (NCLT) of Mumbai has approved Reliance Strategic Business Ventures Limited’s Rs 202 crore resolution plan for Karkinos Healthcare Pvt. Ltd. (KHPL), a tech-driven oncology platform, which was undergoing insolvency proceedings. The Mumbai Bench gave its nod on December 9, 2024, following approval from 100% of committee of creditors (CoC). KHPL entered the Corporate Insolvency Resolution Process (CIRP) on May 21, 2024. The approved plan provides for 100% recovery of dues across all creditor classes, including financial creditors, employees, and suppliers.

Indian passport holders starting January 1, 2025, while the existing 60-day visa exemption for Indian travellers will remain in effect. Applicants, non-Thai nationals, must apply for all types of visas at the website https://www.thaievisa.go.th. Each application can be applied by (1) the applicants themselves or (2) other representatives. ALSO READ: Simplest hack for a cheap New Year's trip-go abroad

Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion. But like other Trump plans, the idea is likely to run into regulatory and legislative hurdles, including a landmark law that requires federal agencies to consider the environmental impact before deciding on major projects. In a post on his Truth Social site Tuesday, Trump said anyone making a $1 billion investment in the United States «will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.» «GET READY TO ROCK!!!» he added.

Greater Coochbehar People's Association (GCPA) at Jorai railway station in Alipurduar division of Northeast Frontier Railway (NFR) started at 6.45 am, and was withdrawn around 11.45 am, following which normal train movement was restored, he said. The agitators said they were holding the «indefinite» rail blockade to press for their demand for the creation of 'Greater Coochbehar'. Thousands of protesters had assembled at the station in the morning and blocked tracks, prompting the deployment of a large number of RPF, GRP and local police personnel to prevent any untoward incident, the NFR official said.

Asian Development Bank (ADB) on Wednesday lowered India's economic growth forecast to 6.5 per cent for the current financial year from its earlier estimate of 7 per cent due to lower-than-expected growth in private investment and housing demand. The multilateral development bank has also lowered India's growth forecast for 2025-26 financial year. Changes in US trade, fiscal, and immigration policies could dent growth and add to inflation in developing Asia and the Pacific, according to the latest edition of Asian Development Outlook (ADO). The report also said Asia and the Pacific's economies are projected to grow 4.9 per cent in 2024, slightly below ADB's September forecast of 5 per cent.

GST Council meeting on December 21, payment gateway operators have made representations to the finance ministry against levying 18% GST on commissions earned on small-value digital payments up to ₹2,000, multiple people in the know said. Payment gateways have submitted that any tax levy will hurt the growth of digital payments as they will pass on the added burden to merchants. The council will consider a proposal on levying GST as the Fitment Committee sees payment aggregators as facilitators for card transactions. Currently, these firms charge a payment gateway fee of 0.5% to 2% on each credit and debit card transaction.

Tamil Nadu was faring better in its contribution to national economy and the state's industries and services sectors played a pivotal role in increasing the Gross State Domestic Product (GSDP) by 14 per cent in 2022-2023 amounting to Rs 23,64,514 crore, Principal Accountant General (Audit-I), Tamil Nadu, D Jaishankar said on Tuesday. As regards the resources of the state government, he said the revenue receipts increased by 17.47 per cent during 2022-2023 when compared to the previous year because of an increase in both tax revenue and non-tax revenue. Briefing reporters on the State Finances Audit report of the Comptroller and Auditor General of India for the year ended March 2023, tabled in the Assembly earlier in the day, he said the state GDP in 2022-2023 was Rs 23,64,514 crore, an increase by 14 per cent over the previous year. «Industries and services sectors were the main contributors and the per capita income of the state is nearly 56 per cent higher than the national average. TN's per capita income is Rs 3.08 lakh whereas the national average is Rs 1.96 lakh. We are doing a better contribution to the economy,» he said.

BEML Limited on Tuesday said it has secured a contract from the defence ministry to supply a 50-tonne Trailer valued at Rs 83.51 crore. The order highlights BEML's strength and capability in delivering advanced, indigenous products to enhance India's defence infrastructure, the public sector undertaking under the Ministry of Defence said in a statement. The heavy-duty Trailer is specifically designed for the transportation of battle tanks and features 12 twin wheels for durability and stability in challenging terrains. With a payload capacity of 50 tonnes, the Trailer is engineered to be towed by the BEML HMV 8x8 vehicle, BEML said.

West Bengal government on Tuesday passed two bills for formation of two private universities in the state during the penultimate day of the winter session of the Assembly. The two bills, passed in the assembly, will help in setting up of two private universities-Rabindranath Tagore University in Nadia district’s Dhaniakhali and Ramakrishna Paramhansa University at North 24 Parganas district’s Agarpara. State Minister for Higher Education & School Department Bratya Basu said in his speech on the floor of the House, “In Bengal there are 15 private universities altogether, including these two new universities, along with government universities.”

ISRO on Tuesday said it carried out 'well deck' recovery trials of the Gaganyaan with the Indian Navy on December 6. The trials were carried out at Eastern Naval Command using a well deck ship off the coast of Vishakhapatnam, ISRO said in a statement. The space agency said the well deck in a ship can be flooded with water so that boats, landing crafts, recovered spacecraft can be taken inside to dock within the ship. Once the Crew Module touches down in the sea at the end of the mission, crew have to be recovered in the minimum possible time and with the least discomfort, it said.

Sarbananda Sonowal said that the Assam Movement is a vibrant chapter in history of Bharat, where people from all communities united to preserve the greater Assamese identity, and our culture. On the auspicious occasion of Swahid Diwas, Sonowal offered floral tributes to the martyrs of historic Assam Movement at his official residence here today. Sonowal said, “The Assam Movement is a vibrant chapter in history of Bharat, where people from all communities united to preserve the greater Assamese identity, and our culture. On this solemn Swahid Diwas, we honour the brave martyrs, whose sacrifices, courage, and patriotism remain our guiding light. Their unparalleled dedication to safeguarding Assam’s identity and the nation's integrity continues to inspire us all.”