PAM Financial News

NYT mini crossword clues, hints and answers for December 4 are out and readers have the option to solve New York Times mini crossword puzzle. NYT mini crossword game can be played on New York Times website and NYT Games App. NYT Mini is the smart version of the large crossword that appears in the newspaper. NYT Mini Crossword game clues and answers are available for 'Across' and 'Down'.

semiconductor chips, integrated circuits, memory chips, parts of electronic integrated circuits and micro assemblies, and amplifiers worth Rs 1.71 lakh crore in fiscal 2023-24, the minister of state for electronics and information technology, Jitin Prasada, told Lok Sabha on Wednesday. To offset the semiconductor import bill and kickstart the homegrown chip manufacturing ecosystem, the government has approved five semiconductor chip manufacturing and assembly projects with a cumulative investment of Rs 1.52 lakh crore, Prasad said in reply to a question in the lower house of the Parliament. Apart from the chip manufacturing and assembly units, the government has also approved proposals from nearly 15 semiconductor design companies under the Design Linked Incentive scheme, the minister of state said.

Manchester United versus Arsenal EPL match is scheduled to kick off at 3.15 pm (ET) at Emirates Stadium on Wednesday, December 4. The soccer game between Arsenal and Manchester United will be live streamed in the US on Peacock. Arsenal are likely to win the game against Manchester United.

Rajya Sabha on Wednesday cleared a bill to provide for the regulation of boilers, safety of life and property of persons from the danger of explosions of steam-boilers and uniformity in registration. The Boilers Bill, 2024 seeks to repeal the century old Boilers Act, 1923. The bill, which aims to decriminalise seven offences and promote ease of doing business, was cleared in the Upper House by a voice vote. The bill also provisions to ensure the safety of persons working inside a boiler, it said, adding, it also talked about repair of boilers to be undertaken by qualified and competent persons.

Rishi Sunak and his wife, Akshata Murty, are believed to be in talks to set up a new private office in the new year to make a positive contribution to Britain, according to a UK media report on Wednesday. 'The Times' newspaper reports that Sunak and Murty, both 44 and with a combined estimated fortune of around GBP 500 million, are to fund the so-called «Office of Akshata Murty and Rishi Sunak» themselves. While the couple are still deciding on the focus of the new initiative, both are said to be passionate about education and likely to incorporate that among its goals.

: Electric two-wheeler manufacturer PURE EV announced plans on Wednesday to expand its dealership network to over 320 outlets across India by mid-2027. The company plans to launch PuREPower in 2025, leveraging its vehicle battery and powertrain platform. «Over the next 30 months, we aim to add 250 new dealerships, expanding our network to over 320 across India. This growth will be fueled by increasing demand for long-range scooters, electric motorcycles, large B2B contracts, and our entry into the household brand segment,» PURE EV Founder and MD Nishanth Dongari said. The company currently operates with 70 dealerships.

S Chockalingam has said the seven per cent increase in voter turnout in the last hour of polling for the state assembly elections was not a surge, as claimed by the opposition, but an «average» process. In a video statement on Monday, Chockaligam said Maharashtra is a large state with more than one lakh polling booths. «If 76 lakh voters turn up in the last hour of polling, it is only (an average of) 76 voters in each of the polling centres,» he added. The assembly elections in Maharashtra and Jharkhand were held last month.

SBI Card has discontinued the accrual of reward points on digital gaming platforms/merchants transactions for certain credit cards from December 1, 2024 onwards. According to the SBI Card website, “W.e.f. 1 Dec 2024, accrual of Reward Points on spends done on Digital Gaming Platforms/Merchants will be discontinued for certain credit cards.” Here is list of SBI credit cards where reward points will not be applicable on digital gaming platforms/merchants: AURUM • SBI Card ELITE

Manjesh Kumar, a 42-year-old property dealer, had hired a hitman to eliminate his business partner, but the hitman double-crossed him, ultimately killing Manjesh instead. The drama began when Arjun Kumar, a former Army man and the hitman hired by Manjesh, decided to betray him. Arjun informed Sanjay Singh, Manjesh’s business partner, about the plan. Seizing the opportunity, Sanjay, 42, offered Arjun a hefty Rs 10 crore to turn the tables and eliminate Manjesh instead. Police investigations revealed that Manjesh was found dead in a rented house in Patel Nagar, Dehradun, which belonged to one of the accused’s accomplices. The cause of death was strangulation, with shoe laces being used as the murder weapon.

Arvind Kejriwal, and BRS leader K Kavitha on the ED's plea challenging a trial court's order directing it to supply «unrelied documents» to those accused in the alleged money laundering case related to the excise policy. Justice Manoj Kumar Ohri issued notices to all the 40 accused on the Enforcement Directorate's (ED) petition as well as its application for stay in the case. The high court listed the matter for further hearing on January 30 next year. Besides former Delhi chief minister Kejriwal, AAP leaders Manish Sisodia and Sanjay Singh and several businessmen are among the accused in the case.

Hero Electric on Wednesday moved the Delhi High Court challenging the Ministry of Corporate Affairs' order for a Serious Fraud Investigation Office (SFIO) probe into allegations of fraudulent availing of subsidies under the FAME-II scheme. The Ministry of Heavy Industries previously directed Hero Electric to refund Rs 130 crore in subsidies, claiming the company violated the conditions of the scheme. During the hearing on Wednesday, Justice CD Singh instructed Hero Electric to engage with ministry officials to resolve the issue amicably. In the interim, the court directed the government not to proceed with any action against the company until it submits a report on the resolution efforts.

Aliya Fakhri, actress Nargis Fakhri's sister, was arrested in New York on charges of murdering her ex-boyfriend and his female friend. The incident took place on November 26, and according to Daily News, District Attorney Melinda Katz said, “This defendant maliciously ended the lives of two people by setting a fire that trapped a man and woman in a raging inferno. The victims tragically died from smoke inhalation and thermal injuries.” Aliya has been denied bail as of now.

INDIA bloc parties protested on the Parliament premises on Wednesday over the Adani indictment issue and called for a joint parliamentary probe into the matter. MPs of the Congress, AAP, RJD, Shiv Sena (UBT), DMK and the Left parties, among others, raised slogans in favour of their demand and held a banner reading «Modi-Adani are one» at Parliament's Makar Dwar. The TMC kept away from the opposition protest. Leader of Opposition in the Lok Sabha Rahul Gandhi was not part of the protest. He left for the violence-hit Sambhal district in Uttar Pradesh along with a Congress delegation in the morning. The Lok Sabha Secretariat on Tuesday issued an advisory urging the MPs not to hold protests in front of Parliament gates, saying that such obstruction of movement could affect their safety and security.

As per by the Central Pollution Control Board, the AQI was measured as '211' at 8 am. Drone visuals showed a thin layer of smog engulfing the areas of Bikaji Cama, Moti Bagh and AIIMS.

jiohotstar.com, a domain of now merged groups Reliance Jio and Disney Hotstar, is finally with Viacom18 Media Pvt. Ltd., ending claims of ownership by a Delhi man and Dubai siblings. Sources from Viacom 18 confirmed the same to ET Online on Wednesday. WHOIS data, too, showed that the domain is owned by Mukesh Ambani-owned Viacom 18, registered on September 20, 2023, and is valid until September 20, 2026, with the last update recorded on December 2, 2024.

Client spending on Salesforce's software products and data cloud has remained healthy as companies seek to streamline and enhance their corporate workflows and process large quantities of data while integrating artificial intelligence. The company's revenue for the third quarter rose 8% to $9.44 billion, beating the average analyst estimate of $9.35 billion, according to data compiled by LSEG.

mutual funds and the prevailing conditions in the stock market. According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.

Congress delegation led by Leader of Opposition in the Lok Sabha Rahul Gandhi will visit the violence-hit Sambhal on Wednesday, with police and administration geared up to stop them before reaching the district. Prohibitory orders, including a ban on the entry of outsiders, are in place in Sambhal. Last week, several Samajwadi Party (SP) MPs were stopped from entering the district. Curbs under Section 163 (power to issue order in urgent cases of nuisance or apprehended danger) of the Bharatiya Nagarik Suraksha Sanhita (BNSS), which were set to expire on Sunday, have now been extended till December 31 in Sambhal. Sambhal District Magistrate Rajendra Pensia on Tuesday wrote a letter to the police commissioners of Gautam Buddh Nagar and Ghaziabad and the superintendents of police of Amroha and Bulandshahr districts, urging them to stop Gandhi at the borders of their districts keeping in mind the «communal sensitivity» of Sambhal.

IndiGo claims could mislead consumers.

A federal judge is considering imposing millions of dollars in sanctions on Byju’s manager Vinay Ravindra and company ally Rajendran Vellapalath, who founded Dubai-based tech startup Voizzit Technology. At a court hearing Tuesday, US Bankruptcy Judge John T. Dorsey said he will issue an “order to show cause” that would force the two tech executives to justify their actions, or be declared in contempt of court and be required to pay financial penalties.

Use encryption. During a call with reporters on Tuesday, Cybersecurity and Infrastructure Security Agency official Jeff Greene said Americans should know that «encryption is your friend» and that «our advice is to avoid using plaintext.»