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05.10 / 04:47
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In shipping, a push to slash emissions by harnessing the wind
Both harness a natural propellant that oceangoing vessels have depended on for centuries: the wind. And they’re part of a growing effort to move the shipping industry away from fossil fuels. “We want to decarbonize — why not use what’s available?” said Jan Dieleman, president of Cargill Ocean Transportation, which charters about 700 ships. “Wind is free fuel.” The worldwide shipping industry is responsible for about 3% of the greenhouse gases that are dangerously heating the planet.
05.10 / 02:57
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Philippines inflation quickens in September, opens door to further rate hike
MANILA (Reuters) — Philippine inflation quickened for a second straight month in September due to increases in food and transport costs, the statistics agency said on Thursday, opening the door to further central bank interest rate hikes.
05.10 / 02:27
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — October 5
Buy or sell stocks for today: Following weak global cues, Indian stock market went down for second straight session. Nifty 50 index went down 92 points and closed at 19,436 levels, BSE Sensex corrected 286 points and ended at 65,226 whereas Bank Nifty index lost 435 points and finished at 43,964 levels.
05.10 / 00:43
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Sensex falls mirroring weakness in global markets
global markets, as the continued surge in the US benchmark 10-year bonds to a 17-year high resulted in risk-off sentiment intensifying. Foreign portfolio investors dumped shares worth ₹4,424 crore during the day, with bank and auto stocks facing the biggest brunt of the selloff. The Sensex dropped 286 points, or 0.4%, to close at 65,226.
05.10 / 00:11
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World Bank for $100 billion extra annual lending capacity for climate change and poverty
G20 finance ministers and central bankers, under India’s presidency, in Marrakech next week, the Development Committee of the World Bank has proposed the creation of additional annual lending capacity of more than $100 billion over the next decade for the multilateral lender to run a more inclusive agenda on climate change and poverty alleviation. The final recommendations of the joint ministerial committee of the boards of governors of World Bank and the International Monetary Fund reflect suggestions made by the Independent Expert Group set up by the G20 co-chaired by 15th Finance Commission chairman N.K.
04.10 / 22:37
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Mexican president hints at new cleanup plan for toxic river spill
MEXICO CITY (Reuters) -Mexico's president announced that he expects to have a new action plan in the next couple weeks to better address a toxic spill that fouled a river nine years ago and was blamed on one of the country's top mining and transportation companies.
04.10 / 22:13
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US to give credit to firms that disclose misconduct of companies they buy
By Chris Prentice and Andrew Goudsward
04.10 / 21:47
04.10 / 21:47
04.10 / 21:11
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Sam Bankman-Fried Changed the Rules for FTX Employees When SRM Token Shot Up in Value – Here's What Happened
Sam Bankman-Fried (SBF) was forced to change rules for FTX employees in 2021 when their crypto profits threatened to let them retire early.
04.10 / 19:29
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39,000 Compliances removed to boost ease of business: FM Sitharaman
NDA government has scrapped 39,000 unnecessary compliances and 1,500 archaic laws, finance minister Nirmala Sitharaman said Wednesday, highlighting a raft of steps taken by authorities to ensure ease of doing business in the country. Speaking on the occasion of the 55th foundation day of the Institute of Company Secretaries of India (ICSI), the minister said the introduction of the Insolvency and Bankruptcy Code, simplification of regulatory framework, decriminalisation of minor offences and tax changes are among the reforms that have also bolstered the country's business climate.
04.10 / 19:29
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After skipping Cabinet meet, Ajit Pawar named as new Pune's Guardian Minister
Ajit Pawar skipped the weekly cabinet meet, Maharashtra chief minister Eknath Shinde on Wednesday issued a list of new guardian ministers for 11 districts with the Ajit Pawar camp gaining 7 districts at the expense of both the BJP and the Shiv Sena (Eknath Shinde) faction. Ajit Pawar has been named as the new guardian minister of Pune while his other ministers Dhananjay Munde and Hasan Mushrif have got portfolios of key districts like Beed and Kolhapur, respectively. The decision by the Chief Minister was meant to assuage Ajit's anger who off late has been showing his displeasure. Prior to skipping the cabinet meeting on Tuesday, Pawar was absent when both Home Minister Amit Shah and BJP national president JP Nadda had come to Mumbai last month.
04.10 / 19:29
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Murmu reminds businesses about ethical wealth creation
New Delhi: President Droupadi Murmu on Wednesday reminded businesses and professionals about India’s tradition of ethical wealth creation and appealed to business that their goal should not only be economic development but also social development and justice. Speaking at an event in the capital to mark the 55th foundation day of Institute of Company Secretaries of India (ICSI) , the President cited the works of Saint Thiruvalluvar and Kautilya and said that ethical wealth creation has always been praised and encouraged in India.
04.10 / 18:21
04.10 / 18:21
04.10 / 17:53
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Asian Games 2023: AFI vice chief accuses Chinese officials of cheating as Neeraj Chopra's first throw goes unmeasured
ALSO READ Asian Games 2023: Neeraj Chopra wins the gold medal, netizens call him 'legend' "I was puzzled and confused, it has never happened in any competition I have competed in till now. I think they lost my landing mark and they kept on looking for it." Apart from this, Kishore Jena, who joined Chopra on the podium with his silver-winning effort, also had his second throw invalidated for crossing the line but the decision was later reversed. Senior vice president of the Athletics Federation of India (AFI), Anju Bobby George, accused the officials of deliberately targeting the Indians.
04.10 / 17:49
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Google packs more artificial intelligence into new Pixel phones, raises prices for devices by $100
Google on Wednesday unveiled a next-generation Pixel smartphones lineup that will be infused with more with more artificial intelligence tools capable of writing captions about photos that can be altered by the technology, too
04.10 / 17:49
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IMF expects continuing US support for Ukraine despite Congress dropping aid
The International Monetary Fund says it expects the U.S. to continue playing its key role in amassing multinational support that has helped keep Ukraine’s economy afloat during Russia’s invasion
04.10 / 17:39
04.10 / 17:13
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Can Donald Trump become next US Speaker? What does US Constitution say
The Hill. “This week, when the US House of Representatives reconvenes, my first order of business will be to nominate Donald J. Trump for Speaker of the US House of Representatives," Nehls said in a statement.
04.10 / 16:13
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Google plans to integrate generative AI into virtual assistant for enhanced task assistance
Made By Google event in New York, the American tech giant has announced its plan to incorporate generative AI features from its Bard chatbot into Google's own virtual assistant. This integration aims to offer personalized assistance with reasoning and generative functions on mobile devices. "(A) whole task is done through a couple of simple questions that you're asking your assistant, which is, we think, a very, very powerful concept," Sissie Hsiao vice president, Google assistant and Bard, told the news agency.
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