PAM Financial News

19.10 / 05:49
markets Digital Strategy Football Deloitte Experts PAM Three Indian footballers selected to go through training session at Old Trafford in Manchester
Indian footballers will go through training at Old Trafford in Manchester after emerging as winners in the fourth edition of United We Play, a grassroots football initiative. The event saw the participation of over 15,000 budding Indian footballers across 18 cities, culminating in a grand finale in the presence of Manchester United legend and all-time great Gary Neville in Chandigarh. In the finale, PC Lalchhuanawma (Mizoram), Shreejal Kisku (Bhubaneswar), Mohd Ayan (Lucknow), Bhakta Bahadur Pariyar (Nepal) and Chanason Chaiyatham (Bangkok) were shortlisted.
19.10 / 05:49
markets Digital Deloitte Experts PAM social Traffic UPSC postpones Engineer Services prelims, mains exam; reopens application window. Here's all
The development came after the government decided that the recruitment to the Indian Railway Management Service (IRMS) would be made through both the Civil Services Examinations (for Traffic, Accounts and Personnel sub-cadres) and the ESE (for Civil, Electrical, Mechanical, Signal and Telecommunication and Stores sub-cadres). «In order to give sufficient time to the aspirants of ESE 2025 to prepare for the examination, the Commission has also decided to postpone the ESE (Preliminary) and ESE (Main) Exam, 2025. The ESE (Preliminary) 2025 and ESE (Main) 2025 will now be held on 8th June 2025 and 10th August 2025 respectively,» said the statement issued by the UPSC.
19.10 / 03:29
markets Digital Strategy Research Experts PAM Schools Meta releases AI model that can check other AI models' work
Meta said on Friday it was releasing a batch of new AI models from its research division, including a "Self-Taught Evaluator" that may offer a path toward less human involvement in the AI development process. The release follows Meta's introduction of the tool in an August paper, which detailed how it relies upon the same «chain of thought» technique used by OpenAI's recently released o1 models to get it to make reliable judgments about models' responses. That technique involves breaking down complex problems into smaller logical steps and appears to improve the accuracy of responses on challenging problems in subjects like science, coding and math.
19.10 / 03:29
markets Digital CEO Strategy PAM stage reports Former OpenAI technology chief Mira Murati to raise capital for new AI startup, sources say
Mira Murati, former chief technology officer at OpenAI, is raising funds from venture capitalists for her new AI startup, according to sources familiar with the matter. The new company aims to build AI products based on proprietary models, said one of the sources who requested anonymity to discuss private matters. It is not clear if Murati will assume the CEO role at the new venture. A representative for Murati declined to comment.
19.10 / 03:29
markets Digital Google Software Nov PAM Courts Google granted request to pause order on Play store overhaul
Google's request to temporarily pause his order directing the Alphabet unit to overhaul its Android app store Play by Nov. 1 to give consumers more choice over how they download software. San Francisco-based US District Judge James Donato made the decision on Friday as part of an antitrust lawsuit against Google brought by «Fortnite» maker Epic Games. Google argued that Donato's October 7 injunction would harm the company and introduce «serious safety, security and privacy risks into the Android ecosystem.» Donato delayed the injunction to allow the San Francisco-based 9th U.S. Circuit Court of Appeals to consider Google's separate request to pause the judge's order.
19.10 / 03:29
markets UPS Digital Waters Experts PAM Japan shifting back to nuclear to ditch coal, power AI
Nuclear Power Station, October 19, 2024 -Glinting in the sun by the world's biggest nuclear plant, the Sea of Japan is calm now. But as the huge facility gears up to restart, Kashiwazaki-Kariwa has a new tsunami wall, just in case. Japan pulled the plug on nuclear power after the 2011 Fukushima disaster, but with the G7's dirtiest energy mix, it is seeking to cut emissions, and atomic energy is making a steady comeback, in part because of AI. At the 400-hectare (1,000-acre) KK plant, shown to AFP in an exclusive tour,the 15-metre (50-foot) wall is just one measure to prevent another catastrophe and reassure the public and Japan's jittery neighbours.
18.10 / 23:37
markets Digital Racing Election PAM performer reports Who will make it to Kamala Harris's cabinet; here are the names doing the rounds
Kamala Harris is going quite steady in the US election race, and this will be for the first time in the US presidential history since 1988, that the power transition will occur within the same political party, if Harris is elected to the White House. She entered the election race quite later then her Republican rival Donald Trump, who is also very close to her in the election race, if the latest poll data is to be believed. Meanwhile thoughts are already doing the rounds about who could make it to Harris' Cabinet.
18.10 / 20:55
markets Digital Strategy Deloitte Experts PAM audience Twitches 3: Is the third installment happening? Tamera Mowry-Housley reveals details
Twitches, which is a magical series on Disney Channel, and this has sparked excitement among the fans as they were all eagerly awaiting this much anticipated third installment of Twitches.
18.10 / 20:55
markets Digital Platform Strategy Experts PAM testing Brighter Shores: All we know about early access, beta launch and gameplay
Brighter Shores is preparing for its Early Access launch on Steam. The release date is set for November 6, with a closed beta test beginning on October 22. The game will be available for both Windows PC and Mac.
18.10 / 20:55
markets Digital Strategy Forbes Bill Experts PAM Rare ancient comet passes Earth after 80,000 years: Here’s when and how to get the best view
rare comet that passed over the Earth, which was last seen 80,000 years ago. The ancient comet has appeared since the age of human civilizations, and it is a rare opportunity to witness this piece of cosmic history.
18.10 / 20:55
markets Digital Strategy President Experts PAM reports New Democratic report reveals Trump overcharged Secret Service agents for staying at his hotel
According to NBC News, an investigation that was part of a broader inquiry into Donald Trump’s financial benefits during his Presidency highlighted the overcharging of Donald Trump’s Washington Hotel. NBC News noted that the report from House Democrats allegedly claims that various ambassadors and individuals seeking jobs and pardons also paid a hefty amount to stay at the Trump International Hotel.
18.10 / 18:57
markets Digital Strategy Deloitte Experts PAM reports This is how Ben Affleck is staying happy and keeping himself busy after split from Jennifer Lopez
Ben Affleck is staying busy and happy lately amidst his divorce from Jennifer Lopez. The director-actor is very focused on work and his kids, despite his split from Jennifer Lopez. Ben Affleck is working out his divorce from Jennifer Lopez while anticipating what comes next. Ben is totally focused on his job and his children. He's staying busy and happy, as reported by People. Another endeavour taking up Affleck's time is a joint venture with friend and frequent co-star Matt Damon. Affleck is apparently directing Damon in a commercial, so the two were pictured on a movie set.
18.10 / 18:51
markets Digital Election Food Experts PAM information Stranded at 12,000 ft in abandoned Uttarakhand village, CEC had instant noodles, dry fruits for food
Uttarakhand village at a height of 12,000 feet for 17 hours in sub-zero temperature, it was an experience that Chief Election Commissioner (CEC) Rajiv Kumar may never forget for the rest of his life. The top election official was en route Milam to visit some remote polling stations in the Pithoragarh region on Wednesday afternoon when his chopper with the pilot and two others on board was forced to make an emergency landing at Ralam village, around 42 km from Munsyari, due to dense cloud and poor visibility. Incidentally, Ralam is inhabited only during summer as its residents migrate to the lower areas during the harsh winter which has already started to set in. Accompanied by Additional Chief Electoral Officer Vijay Kumar Jogdande, the pilot of the chopper and one poll staff, Kumar waited for hours in a field till 5 pm before two trekkers from Bengaluru spotted the stranded team, ITBP sources said.
18.10 / 16:55
markets Digital Strategy Experts PAM reports Private equity and venture capital bets fall 40% to USD 8.8 billion in Q2: Report
Private equity and venture capital funds' investments declined by 40 per cent to USD 8.8 billion in the September quarter, a report said on Friday. The decline in overall investments happened despite the number of deals being 26 per cent higher during the same period at 283 transactions, the report by industry lobby grouping IVCA and consultancy firm EY said. «Geopolitical tensions have created uncertainty, dampening investment sentiment as investors become more cautious, leading to slowing deal-making. This sluggishness may persist if global uncertainties continue,» the consultancy firm's partner Vivek Soni said.
18.10 / 13:23
markets Digital film Actor Experts BABA PAM Web series on Lawrence Bishnoi soon. Check title and actors
web series on the life and times of one of the most notorious gangsters is underway. Noida-based producer Amit Jani has revealed plans for a new web series centered around the life of gangster Lawrence Bishnoi. In an interview with India Today, sources confirmed that the project will be titled 'Lawrence — A Gangster Story'. The series has received the green light from the Indian Motion Pictures Association and will be produced under Jani's home banner, Firefox Film Production. According to the source, Amit Jani plans to share more details, including the cast, after Diwali. A poster for the series is also expected to be released following the festival. Fire Fox Productions is currently involved in other projects, including 'A Tailor Murder Story', which is based on the murder of tailor Kanhaiya Lal Sahu in Udaipur, Rajasthan, and 'Karachi to Noida', a story inspired by the lives of Pakistani national Seema Haider and Indian resident Sachin. Lawrence Bishnoi, who is currently held at Sabarmati Central Jail in Punjab, gained notoriety for issuing death threats to Salman Khan in connection with the Blackbuck case. The gangster also claimed responsibility for the killing of politician Baba Siddique, a close friend of Khan, in Mumbai on Saturday, October 12.
18.10 / 13:23
markets COST Digital Extreme Action PAM Business operations of fintech NBFCs, MFIs to take a hit after RBI diktat
RBI) diktat barring business operations of four non-bank lenders will have a significant impact on mid and small-sized NBFCs, particularly those focused on small-ticket unsecured loans, industry watchers say. These NBFCs which are already grappling with constrained funding, could see a further slowing down of business. The RBI which has been continuously flagging build up of risks in the unsecured segment had said that more than half consumer loan borrowers are repaying at least three loans simultaneously. It had also said that delinquency levels among borrowers with loans below Rs 50,000 was extremely high. «The immediate concern is that these lenders need continuous credit delivery and as these loans are unsecured, it is likely that they will face significant challenges on asset quality side and on extreme side, threaten their survival,» said Prakash Agarwal, Partner, Gefion Capital — a consulting firm. «The regulator's stance will lead to tighter funding for a broader range of players, exacerbating liquidity constraints. These business models are largely built on the need for steady flow of fresh lending and restrictions on incremental business will inevitably curtail their inflows, thereby challenging their capacity to meet existing obligations.»
18.10 / 13:23
markets Provident Digital Food Experts PAM social Instant food brand Yu raises Rs 55 crore from Ashish Kacholia, Asian Paints Promoter Group
Instant food brand Yu has raised Rs 55 crore in a funding round led by investor Ashish Kacholia and Asian Paints Promoter Group. In this round, the company has provided an exit to some of its early investors, who have made over a 4x return on their investment, the firm said on Friday. The startup aims to enhance its distribution network, strengthen its food portfolio, and expand its beverage range with the launch of its new 100% fruit juices, it said in a statement.
18.10 / 13:23
markets Digital Death Experts PAM Hamas confirms death of leader Yahya Sinwar
Hamas on Friday confirmed its leader Yahya Sinwar had been killed by the Israeli military in Gaza, a day after Israel announced his death. «We mourn the great leader, the martyred brother, Yahya Sinwar, Abu Ibrahim,» Qatar-based Hamas official Khalil al-Hayya said in a recorded video statement broadcast by Al Jazeera. Sinwar became Israel's most wanted man after the October 7, 2023 attack, the deadliest in Israeli history.
18.10 / 13:23
markets Digital President Experts PAM reports Interviews Did Melania Trump say she wants to get a divorce? Here's the truth
Melania Trump has not demanded a divorce and has openly defended her husband. According to a Facebook post from October 14, Melania Trump, the former First Lady, announced her marriage to former President Donald Trump. The post begins with the words, ‘Breaking News, October surprise: Melania Trump says she wants to get a divorce.' In just three days, it was shared over 100 times. The claim is untrue, according to a Donald Trump spokesperson, and Melania Trump has not publicly acknowledged it. Throughout the last few weeks of the 2024 campaign, the former first lady has repeatedly stated her support for her husband.

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