PAM Financial News

Wrestling Federation of India (WFI) on Wednesday withdrew the Indian team from the World Championship, conveying to world governing body, UWW, that the sports ministry is interfering with its autonomy. The senior World Championship in 12 non-Olympic categories is scheduled to be held in Tirana, Albania from October 28. The WFI had recently announced selection trials for the U23 and World Championship, which was challenged as contempt of court by the protesting wrestlers who questioned the legality of the selection by the suspended federation. WFI withdrew the selection trials notice and the court, on October 4, decided not to proceed with the contempt petition.

BPM) organisations must move beyond routine tasks and address more complex and strategic challenges while offering insights into the emerging skills that will define the future of work in this dynamic industry, a new report has said. As the sector undergoes rapid transformation driven by technological advancements, changing client expectations and new engagement models, the demand for specialised skills and redefined job roles has become more critical than ever, said the report, ‘BPM Shifting Gears: Shaping Tomorrow’s Skills and Careers’, jointly prepared by industry association Nasscom and job search portal Indeed. India’s BPM industry is steadily growing, generating $48.8 billion in revenue as of FY2024 while undergoing significant shifts from process management to delivering end-to-end transformation solutions.

New Delhi: In a major step towards enhancing collaboration and digital adoption at incubation centres, the Indian STEPs and Business Incubators Association (ISBA) announced a strategic partnership with SanchiConnect at the 16th edition of ISBACON 2024, India’s premier conference for startup incubators. The conference attracted over 300 participants from incubators across India, government bodies, and international associations such as AABI (The Asian Association of Business Incubators), Thai-BISPA, the British High Commission, and the German Centre for Research & Innovation.

BJP candidate Badal filed his nomination from the Gidderbaha segment. He was accompanied by Union minister Ravneet Singh Bittu and senior party leader Avinash Rai Khanna. Badal was elected to the assembly from Gidderbaha on a Shiromani Akali Dal ticket in 1995, 1997, 2002 and 2007.

Ravichandran Ashwin surpassed Australia's Nathan Lyon to become the seventh highest wicket taker in Test cricket during the first innings of the second Test against New Zealand at Pune. Ashwin got his 531st Test wicket when he dismissed Devon Conway for his third wicket in the innings. The Tamil Nadu bowler has the second highest wickets for India, only behind Anil Kumble's 619 scalps. Playing in his 104th Test, Ashwin has a bowling average of 23.74 and a strike rate of 50.38. He has the joint second most five-wicket hauls at 37, sharing the record with Australian great Shane Warne. Sri Lankan legend Muthaih Muralitharan leads the list with 67. Additionally Ashwin has scored 3438 Test runs at an average of 26.45, including six centuries.

Zerodha Mutual Fund has announced the launch of the Zerodha Gold ETF FoF, an open-ended fund-of-funds scheme that invests in units of Gold ETFs. The new fund offer (NFO) for the scheme will open for subscription on October 25 and will close on November 8. The scheme's investment objective is to seek capital appreciation by investing in units of Gold ETFs. It will be benchmarked against the domestic price of physical gold and will be managed by Shyam Agarwal and Kedarnath Mirajkar.

Falgu Aviation Leasing Ltd, an aircraft lessor, has approached the National Company Law Tribunal (NCLT) against SpiceJet Ltd over an unpaid debt of Rs 67 crore. The lessor has said that the debt arose from rental dues for a Boeing 737 that it had leased to the budget carrier. SpiceJet has been entangled in a cycle of settlements and fresh insolvency pleas with the airline being taken to insolvency court by different lessors frequently even as it settles pending insolvency cases.

NASA has delivered a crucial component for the NISAR (NASA-ISRO Synthetic Aperture Radar) satellite to the Indian Space Research Organisation (ISRO). The radar antenna reflector, essential for the mission, arrived in Bengaluru on October 23, 2024. This reflector plays a key role in focusing microwave signals sent to and from Earth’s surface, allowing NISAR to scan almost all of the planet’s land and ice surfaces every 12 days to gather scientific data. After its arrival aboard a NASA C-130 cargo plane, the radar antenna was transported to ISRO’s Spacecraft Integration and Test Establishment for reintegration with the NISAR spacecraft. The satellite is scheduled for further testing in preparation for its launch from the Satish Dhawan Space Centre on India’s southeastern coast in early 2025. NASA and ISRO will coordinate to finalize the official launch date.

Maharashtra Cricket Association (MCA) Stadium in Pune, has witnessed growing unrest among spectators due to inadequate facilities at the venue. Fans have reported a severe shortage of drinking water on Day 1, leading to protests during the lunch break. The match is part of a three-match series, with New Zealand having won the first Test last week.

Nathan Lyon to go seventh on the all-time Test-wicket takers list when he dismissed Devon Conway to grab his third wicket on Day 1 of second Test in Pune. The two off-spinners will go head-to-head when India visits Australia for a five-match Test series in November. Conway was Ashwin's 531st Test wicket. the Tamil Nadu bowler has the second highest wickets for India, only behind Anil Kumble's 619 scalps.

Zerodha co-founder Nikhil Kamath, known for his preference for renting over owning, has sparked online debate after photos of his previous rented apartment in Bengaluru resurfaced. Despite being widely recognized for his financial acumen, the billionaire found himself in the center of an unexpected controversy, with social media users criticizing the design of his sprawling 7,000-square-foot rented residence in Kingfisher Tower.

Amit Shah on Wednesday announced that the government will celebrate the 150th birth anniversary of Sardar Sardar Vallabhbhai Patel, on October 31 next year, with two-year nationwide celebrations from 2024 to 2026. Shah announced on X: «Sardar Patel-ji's enduring legacy as the visionary behind the establishment of one of the world's most robust democracies and his pivotal role in unifying India from Kashmir to Lakshadweep remains indelible. To honour his monumental contributions, the government of India, under the leadership of PM Narendra Modi, will commemorate his 150th birth anniversary with a two-year-long nationwide celebration from 2024 to 2026. This celebration will serve as a testament to his remarkable achievements and the spirit of unity that he epitomised.»

propaganda leaflets apparently carried by balloons were found scattered on the streets of the South Korean capital Seoul on Thursday, including some making personal attacks on the country's president and first lady. The leaflets attacking South Korean President Yoon Suk Yeol and First Lady Kim Keon Hee found in the capital appear to be the first instance of the North Korean government directly sending anti-South propaganda material across the border. They included graphic messages accusing the Yoon government of failures that had left his people living in despair, and describing the first couple as immoral and mentally unstable.

Maharashtra government on Thursday told the Supreme Court that it will hand over the next tranche of land by December for construction of the Bombay High Court's new building complex in Mumbai's Bandra region. The state government also informed a special bench comprising Chief Justice D Y Chandrachud and Justices B R Gavai and JB Pardiwala that so far it has not received the possession of the Air India building in south Mumbai where the mediation centre of the Bombay High Court is proposed to be shifted. The state government said possession of 30.16 acre of land will be handed over to the high court in a phased manner, adding the first tranche measuring 4.39 acres has already been given.

At the COP28 climate talks in Dubai last year, leaders from more than 130 nations agreed to triple renewable power capacity by the end of the decade. It was one of the few tangible agreements at the annual meeting and a goal that’s crucial to cut dependence on fossil fuels that cause climate change. While the target remains achievable, current rates of clean power deployment aren’t sufficient and the rollout of wind turbines is lagging, according to the International Renewable Energy Agency.

Atul Bora said that with supportive policies, Assam has achieved an 85% increase in exports over the last six years, underscoring the potential of export-oriented farming. The Confederation of Indian Industry (CII) organised a North East Rural Conclave on 23 October 2024, at Guwahati marking a pivotal moment for the North Eastern Region as it undergoes rapid economic and industrial transformation. The conclave spotlighted rural development as a crucial entity for social and economic advancement, providing a dynamic platform for stakeholders to address the emerging demands for both farm and non-farm products, along with advancements in the service sector. Bora said with supportive policies, Assam has achieved an 85% increase in exports over the last six years, underscoring the potential of export-oriented farming. To maintain this momentum, fostering synergy among government departments and stakeholders is essential. He emphasized that financial resources are vital for effective rural development, particularly in the Northeast, where agriculture is the primary livelihood. Access to financial capital is crucial to implement modern farming techniques, invest in sustainable practices and enhance productivity

For the financial year 2023-2024, Priyanka reported a total income of ₹46.39 lakh, including rental income, bank interest, and other investments. In terms of assets, Priyanka disclosed ₹4.24 crore in movable assets. These include deposits in three bank accounts, investments in mutual funds and PPF, a Honda CRV car gifted by her husband Robert Vadra, and over 4,400 grams (gross) of gold valued at ₹1.15 crore.

Her quick response—“I would go back to India”—left viewers surprised, generating over 150,000 views and hundreds of likes. About her salary she says, «It's good for the basics but I am always looking for more.» «Back to India? Is this for real? Times are crazy #reverseimmigration,» Piyush Monga wrote in the caption

In a lawsuit filed Tuesday in Orlando, Florida federal court, Megan Garcia said Character. AI targeted her son, Sewell Setzer, with «anthropomorphic, hypersexualised, and frighteningly realistic experiences». She said the company programmed its chatbot to «misrepresent itself as a real person, a licensed psychotherapist, and an adult lover, ultimately resulting in Sewell's desire to no longer live outside» of the world created by the service.

recession fears across the previous months until the US Federal Reserve initiated a massive rate cut of 50 basis points. However, top economists are of the opinion that this may not prevent a message stock market crash in the future as there are various other market factors becoming catalysts of a massive depreciation of certain high value stocks amid high valuations, investor positioning and market sentiments.

Netflix has renewed the romantic drama Virgin River for a seventh season. This renewal arrives two months before the Season 6 premiere. The cast made this announcement on the official Instagram page of Virgin River.