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21.01 / 06:13
MET
FIVE
performer
reports
testing
travelers
NASA restores communication with mini-helicopter on Mars
National Aeronautics and Space Administration (NASA) said on Saturday that it has successfully re-established communication with its small helicopter on Mars. The US space agency's statement comes after an unexpected interruption raised concerns that the diligent craft might have met its end.
21.01 / 06:13
Citi
Aviat
President
Diversity
hospital
reports
evacuation
Maldives teen dies waiting for air ambulance, minister blames President Muizzu's 'animosity' towards India
Indhira Gandhi Memorial Hospital Maldives' capital city Male. Aasandha Company Limited, the company responsible for medical evacuations, issued an official statement and said that the Medical Section of the company had processed and approved the airlift ambulance within 12 minutes. The 14 year old Malivian boy from Gaaf Alif Villingili, had a brain tumour and suffered a stroke, according to India Today.
21.01 / 06:13
UPS
Google
CEO
Apple
Netflix
Universities
reports
Weekly
week
Weekly Tech Recap: Galaxy S24 series launch to Sundar Pichai's layoff warning; checkout the top tech news of the week
Sundar Pichai hinting at more layoffs in a memo to employees, while Microsoft CEO Sundar Pichai was deeply impressed by the launch of its new Rabbit R1 AI assistant. Here's a round-up of the week's top tech news stories. Samsung unveiled its flagship Galaxy S24 series at the Galaxy Unpacked event on January 17.
21.01 / 06:13
Progressive
Death
community
Myanmar
Celebrity
country
reports
PM Modi extends wishes to Manipur on Statehood Day, hails ‘culture and traditions’ of state
Kuki and Meitei communities last year, is yet to be graced by the presence of the Prime Minister. Notably, sporadic incidences of violence and subsequent deaths are still reported from Manipur. The Statehood Day of Manipur, Meghalaya, and Tripura is celebrated on January 21.
21.01 / 06:13
UPS
economy
Research
country
reports
travelers
India's economic boost to come from tourism finds SBI Research, UP to take lead with Ram Temple
travel industry in India, as per an SBI Research report released on January 21. The impact on the Indian economy is expected to be significant. The report added that UP government initiatives along with the newly built Ram temple in Ayodhya could result in additional tax revenue of ₹25,000 per annum for the state in FY25 due to increased visitors.
21.01 / 05:47
Waters
Adventure
blues
hospital
reports
rights
Investigations
10-year-old boy airlifted to U.S. after shark attack at Bahamas resort
Bahamas and has been airlifted back to the U.S. for further treatment.The shark attack occurred while the boy was “participating in an expedition in a Shark Tank at a local resort on Paradise Island,” the Royal Bahamas Police Force wrote in a release.The boy was bitten on the right leg shortly before 4 p.m.
21.01 / 05:15
security
community
Myanmar
country
rock
reports
SOLIDARITY
Manipur: Police deny charges of security forces collaborating with militants
Manipur Police rejected the allegations by Kuki organisation that security forces collaborated with insurgent groups in Moreh town where incidents of violence were reported recently. Moreh is a town bordering Myanmar and it has been alleged by the state government that miscreants from the neighbouring country are fomenting trouble in the northeastern state. «The allegation of the Committee on Tribal Unity (COTU) and the Kuki Inpi Manipur regarding collaborations with valley-based insurgent groups and Meitei militants disguised as security force personnel in Moreh is not true.
21.01 / 05:15
Manufacturing
economy
pandemic
Trade
reports
From Europe to Japan, inflation expectations slows
Inflation in Japan slowed for a second month, giving central bankers reason to wait before ending their negative rate policy. While the data support the view the Bank of Japan officials won’t rush into the first rate hike since 2007 when they meet next week, services prices remained elevated and suggest that an eventual normalizing of policy remains on the table. Inflation expectations declined in Europe, while retail sales and consumer sentiment in the US increased.
21.01 / 05:15
UPS
Provident
wellness
actress
reports
rights
Sania Mirza opted for a ‘khula’ from Shoaib Malik, was ‘tired’ of ex-husband’s roving eyes
Sania Mirza and Pakistani cricketer Shoaib Malik parted ways. Although there were several speculations that all was not well between the now estranged couple, the news of their split was confirmed when Malik announced his second marriage — to Pakistani actress Sana Javed on Saturday. On Saturday, Mirza’s father Imran told PTI, that the tennis champion had given her husband a “khula” or a divorce. “It was a ‘khula'. I do not wish to comment beyond this,” he told the media.
21.01 / 05:15
Provident
Death
President
consequences
reports
strain
evacuation
Maldivian boy's death linked to President Muizzu's denial of approval for Indian plane for medical evacuation
Maldives, a 13-year-old lost his life due to delays in crucial medical treatment. Local media reports suggest the tragedy resulted from the alleged reluctance of the Maldivian government to use Indian choppers for timely medical evacuations.
21.01 / 04:35
Food
DISH
Celebrity
reports
Schools
Pran Pratishtha ceremony: Ayodhya guests to enjoy specially curated vegetarian dishes
Pran Pratishtha celebration on Monday will see guests being served specially curated vegetarian dishes cooked in desi ghee. The dishes will be served when visitors arrive at the temple grounds, and later on, prasad will be served, which includes "Ram laddoo and peda." During the entire day, over a lakh packs containing these offerings could be served to guests, as reported by IANS. Chefs from Delhi and Varanasi will showcase their culinary skills to prepare these dishes. To ensure a seamless execution of tasks, a school's assembly hall has been converted into a kitchen. «The devotees arriving for Pran Pratishtha ceremony at Ayodhya, renowned for its spiritual significance, will be served satvik vegetarian food along with phalahari (non-cereal) and millet-based dishes,» Mukesh Meshram, principal secretary, culture and tourism told IANS. Especially for the January 22 event, all the culinary arrangements for a limited group of VVIPs will be managed by the Ram Janmabhoomi Teerth Kshetra Trust.
21.01 / 04:35
markets
COST
UPS
Booking
reports
Big Banks Q3 Net Up on Higher Other Income, Dip in Provisions
banks reported higher quarterly net profit Saturday, as growth in retail loans, increased non-interest income and a fall in provisions more than offset the impact of increasing cost of funds that weighed on their net interest margins (NIMs). ICICI Bank, the largest of the six lenders, reported a 24% rise in net profit to ₹10,272 crore for the quarter ended December 31, compared with ₹8,312 crore a year earlier. A key driver of its profit growth was other — or non-interest — income which, excluding treasury, rose 20% to ₹5,975 crore, led by 19% growth in fee income. Net interest income (NII) — or the difference between interest income earned on loans and that paid for deposits — rose at a slower 13% to ₹18,678 crore, largely reflecting the weaker NIM which eased to 4.43% from 4.65% a year earlier. HDFC Bank, the nation's largest lender by market value, also on Tuesday reported a smaller net interest margin, even as its net profit rose 34% year-on-year. ICICI Bank executive director Sandeep Batra shrugged off the reduction in margin as an industry phenomenon due to rising deposit rates.
21.01 / 04:35
markets
Digital
economy
Destiny
Diversity
reports
International
71 % of India's wealthiest are keen to invest in luxury real estate: Report
India Sotheby’s International Realty (ISIR) unveiled a robust economic optimism among High-Net-Worth Individuals (HNIs) and Ultra High-Net-Worth Individuals (UHNIs), with a staggering 79% expressing confidence in the Indian economy's positive trajectory for 2023-24, compared to 59% last year.
21.01 / 04:35
markets
UPS
CEO
trends
performer
reports
Commentary
IT gives bears a bull hug!
At first glance, of course, the demon st r at ion of i nve stor confidence in a hitherto neglected investment pocket, which makes up nearly a sixth of the weighting on the Nifty, appears difficult to square with performance in the immediate past. Business growth has remained muted for most IT majors in the third quarter owing to multiple headwinds related to uncertainty in decision-making, deferred discretionary and technology spends, US recession concerns, and geopolitical tensions. Hence, the sentiment for Q4 is far from cheerful.
21.01 / 04:35
markets
Booking
Research
trends
Trade
reports
end
Sensex, Nifty end lower; FMCG, IT stocks top drags
Benchmark indices Sensex and Nifty pared initial gains and settled lower on Saturday due to selling in FMCG and IT shares. The 30-share BSE Sensex fell by 259.58 points or 0.36 per cent to settle at 71,423.65 as 24 of its components declined and six advanced. The Nifty declined 50.60 points or 0.23 per cent to 21,571.80.
21.01 / 04:19
COST
UPS
reports
India's Kotak Mahindra Bank misses Q3 profit view on higher loan provisions
India's Kotak Mahindra Bank reported lower-than-expected third-quarter net profit on Saturday, weighed down by higher bad loan provisions and shrinking lending margins. The private bank reported standalone net profit of 30.05 billion rupees ($361.7 million) in the quarter ended Dec.
21.01 / 04:19
markets
UPS
Booking
Election
wellness
reports
Schools
Sunil Subramaniam is betting on consumption and banking this year. Here' why
Sunil Subramaniam, MD & CEO, Sundaram Mutual, says PSU banks are an exception to the whole PSU story, because they are in effect going to finance the whole capex cycle and be the vehicle of government dispersal. “Among PSU banks, I would still go for good quality banks, not an issue, but as for other PSUs, it will be to some extent stock specific but bearing in mind that a low PE and a liquidity have been the causes for the rally there, I would exercise caution in terms of jumping into them unless I get a clear signal that there is going to be a strong EPS growth independent of all of this.” The earning season so far, what do you make of it and the kind of reactions or the exaggerated moves that we are seeing on stock price? Sunil Subramaniam: It has been tepid so far and it is early days though, let us not draw any conclusions.
21.01 / 03:37
UPS
Manufacturing
CEO
security
President
reports
OpenAI's Sam Altman looking to raise billions of dollars for new AI chip venture. Here's what we know so far
OpenAI CEO Sam Altman has been talking to a number of potential investors in a bid to raise billions of dollars to set up a chip-making company, according to a report by Bloomberg. The 38-year-old entrepreneur is said to be looking to set up a network of factories to manufacture semiconductors. Also Read | Sam Altman addresses ‘nervousness’ around Artificial Intelligence: ‘It's on us to…' Notably, building a state-of-the-art manufacturing facility would require tens of billions of dollars in funding, and creating a network of such facilities will take years, Bloomberg reported.
21.01 / 03:23
social
actress
reports
Sania Mirza’s divorce from Shoaib Malik: What’s the difference between Talaaq and Khula in Islam?
social media post on January 20 that he had married well-known Pakistani actress Sana Javed. This was his third marriage. The announcement put an end to the speculations about his split from Sania Mirza.
21.01 / 03:23
Reuters
security
Tesla
show
information
reports
inequality
elon
Elon Musk dismisses reports about AI company's $500 million funding as ‘fake news’
told one user the information was "simply not accurate" and called the original Bloomberg report "fake news" in reply to another. Also Read | Elon Musk looking for 25% voting share at Tesla ahead of AI, robotics growth Bloomberg had earlier reported that xAI is in discussions for a valuation ranging between $15-20 billion and that the start-up has purportedly secured $500 million in commitments from investors, aiming for a total of $1 billion. This was rejected as fake news by Musk.
21.01 / 03:23
UPS
Mobile
economy
performer
country
reports
open
week
ICICI Bank Q3 results: How are shares likely to open next week post results?
banking sector, contributing to a decline in shares of a competitor in recent days, Bloomberg reported. The shares of ICICI Bank closed 2.55% higher at ₹1,011 per piece on January 20, against previous close at ₹986.35 on January 19. The stock has gained nearly 1.45% in the last six months and 16.04% in the last one year.
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