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Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: a downgrade at Block, an upgrade for Chewy, an Underperform initiation for Cloudflare and an Overweight initiation for Surf Air Mobility

Indian Air Force, would be in Spain this week where he would receive the first C-295 transport plane made for India by global aircraft manufacturer Airbus for India at a facility in Seville. The Indian Air Force has signed a contract for 56 of these planes of which 16 would be made in Spain while the remaining 40 would be produced by the joint venture of Tata and Airbus in their facility in Vadodara, Gujarat. «The IAF chief would receive the first aircraft from Airbus at their facility in Seville, Spain on Wednesday. The aircraft would be flying to India from there after the ceremony,» defence officials told ANI. The aircraft is the first of the 16 planes that India has ordered. The aircraft is expected to be inducted formally into the service at a ceremony in Hindan around September last week. The Indian Air Force chief was personally involved in the contract at important stages as the Deputy Chief of Air Staff where he was leading the contract negotiations. The Indian Defence Ministry and Airbus Defence and Space, Spain signed a contract for procurement of 56 C-295 aircraft for the Indian Air Force in September 2021.

Alok Kumar, Senior Director of Manpower, a subsidiary of ManpowerGroup, says, “In a fast-paced, dynamic world of work, competencies required for the job mapped against the skill set possessed by the manager will help accelerate growth. But at the same time, when it comes to team management and decision making, which managers are required to do, experience plays a crucial role.” A clear focus on leadership development and succession planning by organisations is key to not losing out on the best of both worlds.

Ladli Bahna Yojana's (LBY) benefits due to their families having tractors, Chief Minister Shivraj Singh Chouhan said on Sunday. He said with the addition of six lakh more women, the LBY scheme now counts 1.31 crore beneficiaries. Chouhan informed about the new additions while transferring Rs 1,269 crore in accounts of 1.31 crore women beneficiaries of LBY on a single click at a function held in Gwalior. «The family of 1.25 crore sisters has now become even bigger.

WhatsApp is reportedly working on a new feature — «filter groups chat» on Android, to provide users with better control over their conversations, making it easier to manage and prioritise their messages. According to WABetaInfo, the new feature will allow users to get a list of their groups by excluding individual chats.

Global Financial Crisis to precipitate ponderous deliberations into precipitate, coordinated action, such as infusion of liquidity, provision of swap lines to provide emergency access to foreign currency, institution of elevated capital adequacy norms for banks and extra, loss-absorbing buffers of capital for globally systemically important financial institutions, accompanied by periodic stress tests by banking regulators. The world does not face that kind of a crisis.

Chevron will seek an enforced arbitration with unions at its two huge Western Australian LNG plants after tense negotiations collapsed, claiming weeks of escalating strikes pose a threat to the state’s gas supply.

Chandrababu Naidu to judicial custody in Skill Development Corporation scam case till September 22. Vijayawada ACB court Judge Himabindu read out the judgment on former CM Chandrababu's case after a long lengthy arguments and day-long tension. The Telugu Desam Party (TDP) supremo, who was arrested by the Crime Investigation Department (CID) on Saturday morning, is likely to be shifted to Rajahmundry Central Jail. The court order came as a big setback to TDP, whose leaders were expecting a favourable judgment.

India’s G20 presidency will address some of the key labour related issues including the low female labour force participation rate, Richard Samans, the G20 Sherpa of the International Labour Organisation said. In an interview with Yogima Seth Sharma, he said multilateral institutions should help India and other developing countries to build capacities to provide decent work and social protection to its workers.

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Morocco is working to rescue survivors while praying for victims of the country’s strongest earthquake in more than a century

India will offer Russia options to invest the billions in rupees it has accumulated for exports, Foreign Minister Sergei Lavrov said Sunday in New Delhi. “Our Indian friends said they would propose promising areas they can be invested in,” Lavrov told reporters, citing talks with Indian counterpart Subrahmanyam Jaishankar in Jakarta, Indonesia, on the sidelines of the East Asia summit prior to his arrival to India. “Right now our governments are talking how to use and invest them to mutual benefit.” He didn’t provide further details. Lavrov also said Russian arms contracts with India remain in force, despite difficulties with payments caused by sanctions imposed by the US and its allies over Russia’s invasion of Ukraine. Russia has emerged as a top supplier of oil to India over the past year, settling a greater share of trade in national currencies and redirecting shipments east as traditional customers in Europe shunned purchases after President Vladimir Putin invaded Ukraine.

manufacturing output. Historically, India has not been strongly oriented towards manufacturing as a core economic focus. However, the long-term policy is changing, giving equal importance to domestic industries.

AP Skill Development Corruption Case: Sridhar Vembu, CEO of Zoho Corporation has extended his support for Chandrababu Naidu who was arrested in an alleged ₹371 crore scam in the AP Skill Development Corporation during 2014-2019. In a post on X (formerly Twitter), Vembu wrote, “I was shocked to read that Shri Chandrababu Naidu-ji was arrested yesterday. I know him and he worked so hard to bring so many companies, including Zoho, to Andhra Pradesh.

Mumbai: The frictionless credit initiative being piloted by the Reserve Bank is helping lenders slash their customer acquisition cost by a whopping 70 per cent, while for borrowers the saving is 6 per cent of the loan amount, a senior central bank official has said. The pilot started with an all-digital KCC (kisan credit card) lending, developed by the RBI Innovation Hub on the public tech platform, in Tamil Nadu and Madhya Pradesh this April. The pilot has been extended to four more states — Maharashtra, Uttar Pradesh, Karnataka, Gujarat (for dairy farmers) from August 17 this year. The pilot launch of the public tech platform for frictionless credit to farmers has helped reduce operational costs for lenders by more than 70 per cent, while for the farmer, the saving is 6 per cent of the loan amount, Ajay Kumar Choudhary, an executive director and head of the fintech department at the RBI, said here over the weekend while addressing the three-day global fintech festival. Moreover, there is massive savings in opportunity cost, as earlier a farmer had to make six to eight weekly rounds to the bank which has come down to a maximum of 0 minutes now, Choudhary said.

Central and state government of Uttar Pradesh and the work is in full swing, an official release said. Along with the Central Government, the Yogi Government is also making efforts to provide various facilities to the devotees in the coming days. According to District Magistrate Nitish Kumar, all the works of Maryada Purushottam Shriram International Airport are to be done in three phases. For this, 100 per cent work of acquiring total 821 acres of land included in the project has been completed. Along with this, the runway work of phase-one of the airport has also been 100 per cent completed.

Nifty displayed strength, primarily driven by strong demand for large-cap stocks. The overall trend remained robust as the index consistently stayed above a critical moving average. However, a significant hurdle for the Nifty came in the form of substantial Call writing at the 19900 strike price.

G20 Summit 2023: The G20 Summit has entered its final day today i.e. on 10 September. Prime Minister Narendra Modi will hold various meetings with eight global leaders including French President Emmanuel Macron, Canadian PM Justin Trudeau, Comoros, Turkey, UAE, South Korea, etc.

G20 session towards the end of November to assess the recommendations and resolutions put forth during the recently concluded leaders' summit. As reported by PTI, during the closing session of the two-day G20 summit, Modi pointed out that India's presidency of the G20 will remain in effect until November 30, allowing for more than two months to fulfill its role as the leader of the group. "In the last two days, you have put forward your views, given suggestions and a number of proposals have been put forward.

Ind vs Pak, Asia Cup 2023: In view of the prevailing weather conditions, the Asian Cricket Council (ACC) on 10 September has added an exclusive reserve day for the Super 4 match between India and Pakistan, which is scheduled to be held today i.e. on 10 September. However, there will not be a reserve day for any of the other Super 4 matches in Sri Lanka.

Northeast Frontier Railway (NFR) is developing an artificial intelligence-based device that would be able to read the blinking eyes of drivers and alert them or stop the train in case they are feeling sleepy, according to sources. In June, the Railway Board had asked the NFR to develop a device that could detect the alertness of train drivers on the basis of blinking of eyes. The device — Railway Driver Assistance System (RDAS) — will not only sound an alert but also apply emergency brakes in case a driver loses alertness for a certain period of time.