Reports Financial News

Reuters. Putin amid guarded protection at an event held at Grand Kremlin Palace to mark the bravery of soldiers in Ukraine, pinned gold star "Hero of Russia" medals on the lapels of soldiers. The gathering witnessed a number of men and mothers of soldiers who sacrificed their life for the nation.

Tata Motors subsidiary, Tata Passenger Electric Mobility Ltd. (TPEM), signed a Memorandum of understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL) to install 7000 Electric Vehicle (EV) charging points across India by 2024 on December 8, 2023. The location of these EV charging points is going to be determined by using the insights collected from over 1.15 lakh Tata EV users on Indian roads and BPCL's fuel station network.

Leslie Horton had no problem responding to a body-shaming viewer this week, gaining a huge amount of public support for the measured and calm way she approached his rude comments about her looks.

Europe on Friday reached a provisional deal on landmark European Union rules governing the use of artificial intelligence including governments' use of AI in biometric surveillance and how to regulate AI systems such as ChatGPT. With the political agreement, the EU moves toward becoming the first major world power to enact laws governing AI. Friday's deal between EU countries and European Parliament members came after nearly 15 hours of negotiations that followed an almost 24-hour debate the previous day.

OpenAI’s board made the shocking decision to fire Chief Executive Officer Sam Altman on the Friday before Thanksgiving, it offered little detail beyond a statement that the leader of the artificial intelligence startup was not “consistently candid” with its directors. The statement, devoid of any details, was the opening volley in a power struggle that played out almost entirely behind closed doors. Privately, Altman and the board jockeyed over what to say publicly and when, according to people familiar with the situation. At one point, during the discussions about Altman’s possible return as CEO, he offered to publicly apologise for misrepresenting some board members’ views in conversations when he was lobbying for a director’s removal, the people said.

Israel Defence Forces (IDF) said it struck a manned Hezbollah observation post in Lebanon in response to the attacks carried out on the border, The Times of Israel reported. In addition, the IDF said it identified a group of operatives at an anti-tank missile launch site, from where the attack was conducted earlier.

Israel to do more to protect Palestinian civilians during a fierce offensive against Hamas militants across Gaza, even as Washington vetoed a U.N. Security Council demand for an immediate ceasefire. Fighting escalated and the Palestinian death toll rose on Friday, with Israel pounding the enclave from north to south in an expanded phase of the two-month-old war against the Islamist group Hamas.

ChatGPT maker OpenAI is under US and UK antitrust scrutiny, the British regulator and a media report said on Friday, following the startup's boardroom battle that led to the sudden ouster and return of CEO Sam Altman. After the dramatic episode last month, Microsoft, a major OpenAI backer, was granted a non-voting, observer position at the company by a new three-member initial board. Microsoft's representative can attend OpenAI's board meetings and access confidential information, but cannot vote on matters including electing or choosing directors.

US Market: Wall Street climbed back to its best level in 20 months on Friday following a stronger-than-expected report on the U.S. job market. The S&P 500 rose 0.4%, enough to clinch a sixth straight winning week for the index, which is its longest such streak in four years.

NDTV. In an official statement, the IMA confirmed its decision to suspend EA Ruwais who is alleged to be involved in the suicide of a woman doctor 'Shahana' pursuing her 2nd-year postgraduate training in surgery. Dr Joseph Benaven, President of Indian Medical Association Kerala State Branch stated that police arrested the accused under the dowry prohibition act and remanded him to judicial custody, NDTV reported.

Rishi Sunak has unveiled what he describes as the nation's strictest anti-illegal immigration laws. These measures aim to significantly alter the UK's approach to immigration and asylum seekers. “Stop the boat" represents Sunak's stance against illegal migration and his commitment to securing UK borders.

While economic and financial conditions continue to put considerable pressure on their day-to-day finances, Americans are desperately looking for alternative resources to cling to that will help with their long-term financial goals and retirement savings.

automatic train protection (ATP) system, Kavach, has so far been deployed on 1465 route km and 139 locomotives (including Electric Multiple Unit rakes) on South Central Railway sections, as per a government release. The sections include Lingamapalli — Vikarabad — Wadi and Vikarabad — Bidar section (265 Rkm), Manmad-Mudkhed-Dhone-Guntkal section (959Rkm) and Bidar-Parbhsection (241Rkm). As per the release, presently Kavach tenders have been awarded for the Delhi — Mumbai and Delhi — Howrah corridors (approximately 3000 Route km) and work is in progress on these routes. Indian Railways has also taken up preparatory works, including a survey, Detailed Project Report (DPR) and preparation of detailed estimate on another 6000 RKm, the release mentioned. Presently, three Indian OEMs are approved for Kavach. Efforts are being made to develop more OEMs to enhance the capacity and scale up the implementation of Kavach. Kavach is an indigenously developed Automatic Train Protection (ATP) system.

GPT-4 competitor, Gemini. Google admitted that its video named "Hands-on with Gemini: Interacting with multimodal AI," was edited to expedite the outputs (which was declared in the video description), but there was no voice interaction between the human and the AI, as per a Bloomberg report.

Gaza, around 70% of them including women and children, and wounded more than 46,000 so far, according to Palestine's health ministry reports. Here are the top 10 developments on this big story, 1) The US vetoed a United Nations resolution backed by almost all other Security Council members and dozens of other nations demanding an immediate humanitarian cease-fire in Gaza. Supporters called it a terrible day and warned of more civilian deaths and destruction as the war goes into its third month.

The bread supplier that admitted to price-fixing earlier this year says in new court filings that any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods.

The vice chair of State Street Corp. said Wednesday that the company plans to lay off 1,500 employees.

Digital asset brokerage firm, Nonco, has raised over $10 million in seed funding, according to a new statement from the company.

SlateStone Wealth Chief Market Strategist Kenny Polcari discusses how the robust September jobs report could impact the Fed's inflation battle on 'Varney & Co.'

Reserve Bank of India (RBI) Governor Shaktikanta Das did so on Friday. In just about two hours after what appeared to be a declaration of victory over inflation after nearly 20 months of tense battle, Das damped it. «We do not communicate anything inadvertently, let me make it very clear,» Governor Das told reporters during the customary interaction after the latest policy review that was earlier interpreted as setting the stage for an easing of monetary policy.

DCGI) has issued an advisory stating that pharmaceutical companies are required to strictly abide by conditions stated in their manufacturing licences and prescribed Good Manufacturing Practices (GMP) to ensure that the products meet parameters of quality, safety and efficacy. The DCGI's move comes a few days after ET reported that industrial excipients are used in manufacturing medicines and over 50 companies manufacturing cough syrups have failed quality tests. The World Health Organization (WHO) said in October last year that the deaths of dozens of children in Gambia from acute kidney injuries might be linked to contaminated cough and cold syrups made by an Indian drug manufacturer. «In order to ensure quality, safety and efficacy of drug formulation, it is of paramount importance that such formulations are manufactured in compliance with the prescribed standards not only in respect of API (active pharmaceutical ingredient) but also various excipients used for manufacturing of the formulations.