PAM Financial News

Nargis Fakhri's sister, Aliya, has been arrested and charged with first-degree murder and other offences for allegedly «deliberately starting a deadly fire» in a garage on November 2, which resulted in the deaths of her ex-boyfriend and his female companion in Queens, New York. According to the charges and investigation, Aliya arrived at the two-storey detached garage at about 6:20 am on November 2 and yelled, «You're all going to die today» before setting the fire that turned into a «raging inferno» in which Edward Jacobs (35) and Anastasia Ettienne (33) died. The Queens district attorney's office said Fakhri «allegedly set the fire near the entrance of the building, trapping the two inside with no exit». The victims died from smoke inhalation and thermal injuries.

The first indigenous Loiter Munition, Nagastra-1, developed by Solar Industries in Nagpur has supplied the complete lot of 480 loitering munitions under a contract signed under emergency procurement powers by the force, defence officials said. The indigenous loitering munition named Nagastra-1 has an indigenous content of more than 75 per cent and has been designed and developed indigenously by the firm.

«Hostile activity in UK cyberspace has increased in frequency, sophistication and intensity,» the National Cyber Security Centre's Richard Horne will say in a speech later on Tuesday, according to a statement released by the government agency. «Actors are increasingly using our technology dependence against us, seeking to cause maximum disruption and destruction.»

Lionel Messi and Cristiano Ronaldo are still popular and respected by their fellow players even though they no longer play for European clubs. The 37-year-old Messi and 39-year-old Ronaldo were the only players not with clubs in Europe to be voted on a 26-man shortlist for the world team of the year organized by global players' union FIFPRO on Monday, as per a report.. The other 24 nominees played in the past year with clubs in England, Germany, Spain and France, though Kylian Mbappé was the only French connection after spending last season at Paris Saint-Germain, AP reported. No player from any Italian club was selected, nor from any club in South America or Africa.

«Please let this TRUTH serve to represent that if the hostages are not released prior to January 20, 2025, the date that I proudly assume Office as President of the United States, there will be ALL HELL TO PAY in the Middle East, and for those in charge who perpetrated these atrocities against Humanity,» Trump wrote in a post on his Truth Social site. He added that, «Those responsible will be hit harder than anybody has been hit in the long and storied History of the United States of America. RELEASE THE HOSTAGES NOW!”

While many traders — from mom-and-pops to systematic hedge funds — are using zero-day-to-expiry listed options, large investors have increasingly turned to over-the-counter binary contracts that can hedge tail risks across multiple assets. It's an all-or-nothing play: in exchange for a premium, the trade either returns 100% or nothing. While critics say it's more akin to betting on a sporting event than traditional options trading, the reality is that such a binary payoff is extremely useful to investors focused on hitting target returns within strict risk limits.

Samyukt Kisan Morcha (SKM) on Monday attacked the Centre over the Adani issue and threatened to launch a protest in support of the opposition's demand for a Joint Parliamentary Committee (JPC) probe into the allegations against the business group. In a statement, the SKM, an umbrella organisation of several farmers' bodies, also said that protests will be held in Uttar Pradesh on December 4 against proposed privatisation of electricity sector in the state. The SKM accused the NDA government at the Centre of shielding industrialist Gautam Adani, against whom bribery allegations have been made in a US court. «The case registered against Adani Group in the USA corroborates SKM's demand of no privatisation of the electricity sector and prepaid smart meters that will impose huge exploitation of the people,» the SKM said.

Yellowstone Season 6. A recent two-word hint in the series’ latest episode has sparked renewed hope among viewers, as mentioned in a report by Just Jared.

White House on Monday defended President Joe Biden's decision to pardon his son, Hunter, and said the president believed his political opponents would have kept persecuting his son going forward. «They would continue to go after his son,» White House spokesperson Karine Jean-Pierre told reporters on Air Force One during a trip to Angola. Jean-Pierre said this was not the first time a president had pardoned a family member.

Maharashtra but there is no end to the suspense on who the next chief minister will be. For the second time in the last four days, a meeting of the Mahayuti leaders had to be cancelled on Monday due to the unavailability of caretaker chief minister Eknath Shinde. He was taking rest at his Thane residence as per doctor's advice. Shinde on Sunday had said that he and the two deputy CMs (BJP's Devendra Fadnavis and NCP chief Ajit Pawar) would take forward the discussions on the CMs post, distribution of portfolios and party-wise berths in the new Cabinet on Monday. The three Mahayuti leaders held their first meeting in Delhi last week in the presence of Union home minister Amit Shah and BJP chief J P Nadda but failed to reach a consensus on power-sharing agreement. The much-awaited second meeting of the Mahayuti leaders last Friday was put on hold after Shinde suddenly flew to his native village Dare in Satara district citing ill health.

Missing You, a gripping adaptation of Harlan Coben’s novel. The story combines romance, mystery and unresolved secrets.

wheat and rapeseed. India is expected to experience above-normal minimum and maximum temperatures from December to February, with fewer «cold wave days expected», the India Meteorological Department said in a statement. Winter-sown crops such as wheat, rapeseed, and chickpea are planted from October to December and need cold weather during their growth and maturity stages for optimal yields.

Bank of America has picked up more than 160,000 sq ft office space in a commercial complex in Mumbai’s Powai locality through a long-term lease of 12 years, with provisions for future scalability to accommodate growth, said people with direct knowledge of the development. Bank of America will be paying rentals of over Rs 350 crore for this new office spread across three floors. As per the agreement, it holds an option to pick up additional 1 lakh sq ft spanning two floors taking the total size of the deal to 250,000 sq ft and rental payout to Rs 600 crore. The investment bank has entered into the lease agreement with K Raheja Corp’s Chalet Hotels for this office space at Cignus Powai through its subsidiary BA Continuum India.

«The two families knew each other but it was only a month ago that everything was finalised. This was the only possible window as her schedule will be hectic from January,» Sindhu's father, PV Ramana, told PTI. «So that is the reason the two families decided to have the marriage ceremony on December 22. The reception will be held in Hyderabad on December 24. She will start her training soon after as the next season is going to be important.»

The improvement reported by the Institute for Supply Management (ISM) on Monday tracked similar increases in other sentiment surveys, which have risen on hopes of more business-friendly policies from the incoming Trump administration. Still, manufacturing is not out of the woods yet. ISM Manufacturing Business Survey Committee Chair Timothy Fiore noted that «production execution eased in November,» consistent with demand sluggishness and weak backlogs, and that suppliers continue to have capacity, with lead times improving but some product shortages reappearing.

Nitin Gadkari has said politics is a "sea of unsatisfied souls" where every person is sad and aspiring for a higher post than his current position. Life is a game of compromises, compulsions, limitations and contradictions, Gadkari added while speaking at the launch of a book, titled '50 Golden Rules of Life', in Nagpur on Sunday. Whether a person is in family, social, political or corporate life, the life is full of challenges and problems and the person should understand the "art of living" to face them, the senior BJP leader said. The minister recalled a programme he had attended in Rajasthan where he said, «Politics is sea of unsatisfied souls, where every person is sad...the one who becomes corporator is sad because he did not get the chance to become MLA, and an MLA is sad because he could not get a ministerial berth.»

Skoda Auto India's latest offering, the Kylaq sub-compact SUV, are set to open on Monday at 4 pm. While the company has only disclosed the starting price of the entry-level variant at Rs 7.89 lakh (ex-showroom), the complete price list for all four variants—Classic, Signature, Signature Plus, and Prestige—will be revealed today and updated accordingly. The Kylaq is entering in an already crowded segment of sub-compact SUV segment, taking on established players such as the Hyundai Venue, Kia Sonet, Tata Nexon, and Maruti Suzuki Brezza.

After the revision, the bank offers interest rates between 4% and 7.40% for the general public and 4% and 7.90% for senior citizens on callable deposits.

After making landfall near Puducherry on November 30, Cyclone Fengal weakened on Sunday, but torrential downpour under its influence paralysed the union territory, with the Army stepping in to evacuate stranded persons in inundated streets. Four people died, officials said without divulging further details.

Bank of Baroda. The report highlighted that factors like favorable monsoon conditions, and higher reservoir levels are likely to strengthen rural demand, increase farm incomes, and contribute to a positive economic outlook. It said, «Agriculture growth expected to clock robust growth in the same period (Second half of FY25)»

Parliament were washed out in the first week of the Parliament's Winter Session ending November 29, both Houses are set to resume the proceedings on Monday at 11 am. Parliament proceedings have been stalled since the beginning of the Winter Session amid protests by opposition parties over the Adissue and violence in Manipur and Sambhal. Meanwhile, the floor leaders of the INDIA bloc are scheduled to meet at the Parliament House office of Congress President and Rajya Sabha Leader of Opposition Mallikarjun Kharge ahead of the commencement of both Houses.