Reports Financial News
29.09 / 16:41
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Government bond yields likely to soften further by end of the fiscal
Government bond yields are likely to soften further by the end of the fiscal, leading to an annualised savings of Rs 1,000-2,000 crore for the exchequer. Higher demand, especially from foreign portfolio investors, would help yields remain tamed, economists said, pointing to North Block’s second-half borrowing calendar published last week. The Centre’s gross borrowings for the second half of the fiscal have been fixed at Rs 6.61 lakh crore with the borrowing target for the entire fiscal being maintained at Rs 14.01 lakh crore, the central bank said last week. About 77% of the bond issuances will be for 10 years or higher tenure. «Given the favourable global and domestic backdrop, we expect a further downward bias in domestic yields, leading to a steepening bias in the yield curve,» Bank of Baroda economist Aditi Gupta said.
29.09 / 16:41
markets
Fox
Netflix
Healthcare
show
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Is Netflix reviving The Resident Season 7 amid success?
The Resident has experienced a resurgence in popularity on Netflix, sparking speculation about the possibility of a revival.
29.09 / 15:41
Reuters
security
Death
War
reports
Updates
Israel-Hezbollah War Live Updates: Israeli attack on Ain al-Delb kills 24 in preliminary toll, says Lebanon
Read more Israel-Hezbollah War Live Updates: The body of slain Hezbollah chief Sayyed Hassan Nasrallah was recovered today.According to a Reuters report quoting sources, the body was found intact with no direct wounds. The cause of death appeared to be blunt trauma from the force of the blast.Israel-Hezbollah War Live Updates: White House national security spokesman John Kirby said on Sunday that Israel's airstrikes had “wiped out" Hezbollah's command structure, but he warned the group will work quickly to rebuild it.“I think people are safer without him walking around," Kirby said of Nasrallah.
29.09 / 15:41
COST
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Target
Fighting
War
reports
The growing role of fighting robots on the ground in Ukraine
the fighting. Both sides pummel the enemy with cheap kamikaze models and use long-range craft to strike targets far from the front lines. In the Black Sea Ukrainian naval drones have helped to inflict serious damage on Russia’s fleet.
29.09 / 15:41
Experts
Justice
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International
Centre plans to revive IIAC, adds incentives for maritime arbitration and MSMEs
Subscribe to enjoy similar stories. New Delhi: The government is planning to revive the India International Arbitration Centre (IIAC), a statutory body created in 2019, by incentivizing various parties to arbitrate at the New Delhi institution in an effort to increase its case load, two government officials said on the condition of anonymity.
29.09 / 13:15
markets
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DOW
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US stock market prediction: Jobs data, 'recession risk' to dictate S&P 500, Dow, Nasdaq. Details here
Wall Street's benchmark S&P 500 index is up 20 per cent year-to-date near a record high. With the third quarter ending on Monday, the index is on track for its strongest January-September performance since 1997. U.S. stocks closed another record-setting week with a muted performance Friday, as hope built on Wall Street that the U.S. economy can manage the rare feat of suppressing high inflation without causing a recession. S&P 500 slipped 7.20 points to 5,738.17, but it still closed out a third straight winning week and its sixth in the last seven. The Dow rose 137.89 to 42,313.00, and the Nasdaq composite lost 70.70 to 18,119.59.
29.09 / 13:15
markets
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FIVE
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Schools
Uttar Pradesh floods: CM Yogi Adityanath reviews situation in 11 affected districts
Uttar Pradesh Chief Minister Yogi Adityanath on Sunday reviewed the flood situation in the state’s 11 districts due to the water released from the mountains and bad weather conditions in the last three days. CM Yogi has directed all the officials concerned of the eleven districts- Kushinagar, Maharajganj, Lakhimpur Kheri, Ballia, Farrukhabad, Gonda, Kanpur Nagar, GB Nagar, Sitapur, Hardoi and Shahjahanpur, to ensure proper relief works. Senior officers have been asked to tour the flood-affected areas and keep a close eye on the ongoing relief works. Teams of NDRF and SDRF have been deployed in all the eleven districts. CM Yogi has directed officials to assess the damage done to the crops and subsequently, submit a report to the state government. According to a release, the government wants to provide compensation money to the farmers at the earliest possible. He has also directed the officials to give financial help to people whose houses have been damaged or who have lost their animals. Meanwhile, Relief Commissioner Bhanu Chandra Goswami said the relief operations are going on war footing in all the flood-affected 11 districts. According to him, five villages of Kushinagar districts are affected due to the flood in Gandak river. The government has set up 16-flood-shelters there. The total number of pre-positioned boats is 42 while one team of NDRF and one team of SDRF is deployed in the area. NDRF team rescued ten persons who were trapped in flood
29.09 / 13:15
markets
Provident
Death
RAI
reports
Schools
Investigations
In another workplace incident, techie dies of cardiac arrest in HCLTech's Nagpur office
HCLTech, Nitin Edwin Michael, passed away after suffering a cardiac arrest at the company’s Nagpur office, marking another incident around health concerns in a workplace. The 40-year-old employee collapsed in the washroom around 7 pm on Friday and was found unresponsive by colleagues, who immediately rushed him to the All India Institute of Medical Sciences (AIIMS), Nagpur, PTI reported. Unfortunately, doctors pronounced him dead upon arrival.
29.09 / 13:15
markets
COST
Trade
President
reports
Schools
Colleges
Harris or Trump — Who is favouring skills over college degrees for federal jobs?
Kamala Harris and former President Donald Trump may disagree on numerous issues, but they’ve both recognized the value of apprenticeships and trade schools as viable alternatives to traditional four-year college degrees. Both political figures are advocating for policies that encourage young Americans to pursue these routes to well-paying jobs, as mentioned in a report by USA Today. Recently, Kamala Harris announced her intent to reduce college degree requirements for federal jobs and urged private-sector employers to do the same if elected. Speaking in the working-class town of Wilkes-Barre, Pennsylvania, Harris emphasized the need to recognize the value of different career pathways beyond the conventional college route.
29.09 / 10:25
markets
wellness
film
performer
stars
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Schools
‘Devara’ enters Rs 200-cr club, but Jr NTR still can’t beat Prabhas at box-office!
Devara’ is on its way to become a box-office goliath! The JR NTR-Janhvi Kapoor-starrer has reportedly crossed Rs 243 crore within two days of release. The Koratala Siva directorial has also performed phenomenally well on the home turf, earning Rs 139.99 crore within three days of its release, according to a report by box-office tracking portalSacnilk.com. The movie earned an impressive Rs 82.5 crore on its opening day. The following days, it earned Rs 38 and Rs 19 crore, respectively. Looks like it won’t be slowing down any time soon! The X account for Devara posted a fresh poster showcasing Jr NTR and disclosed the film's total earnings from its first two days in theaters. The poster proudly displayed the message: «Rs 243 Crores, Global Box Office Collection..” along with the caption, “Weapons of DESTRUCTION… unleashing FEAR that no corner can hide from!!” Despite its success, Devara is trailing behind this year's other major release, ‘Kalki 2898 AD’, starring Prabhas and Deepika Padukone. The sci-fi film directed by Nag Ashwin earned Rs 298.5 crore globally within its first two days. Devara also falls short of Prabhas' Salaar Part 1: Ceasefire, which premiered in 2023, collecting Rs 295.7 crore in the same timeframe.
29.09 / 10:25
markets
Waters
Southern
reports
Department
evacuation
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Flood alert sounded in Bihar following heavy discharge of water from Birpur, Valmikinagar barrages
Bihar government has sounded an alert for floods in northern, southern and central parts of the state following heavy discharge of water from Birpur and Valmikinagar barrages on Sunday, officials said. The embankment of the Bagmati river in Madhkaul village in Sitamarhi district broke on Sunday, which is being repaired, they said. «Due to this incident, villagers have been evacuated to safer places and the repair work is on...No casualty has been reported so far,» Richie Pandey, District Magistrate (DM), Sitamathi, told reporters. Due to heavy discharge of water from Birpur barrage, seepage was also reported from the Kosi Eastern embankment near Gopalpur on Saturday night, which was repaired by the engineers of the Water Resources Department (WRD).
29.09 / 09:53
markets
Reuters
Telegram
stars
reports
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Cloudflare denies hosting sites linked to data leak at India's Star Health
Cloudflare has denied any role in hosting two websites run by a hacker offering for sale stolen personal data and medical records of customers of top Indian insurer Star Health. The statement comes after the company was made party to an Indian lawsuit filed by Star Health last week, in which the insurer alleged that Cloudflare hosted the websites in question. «Cloudflare is not the host for the domains in question,» the firm told Reuters, adding that it works as a pass-through service situated between a website host and an end-user, which is why one may see a Cloudflare IP address.
29.09 / 09:53
markets
Digital
Experts
country
social
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Schools
AI holds potential to transform lives but poses threat if mishandled: UNESCO Education ADG
Artificial intelligence is a technology that holds potential to transform human life in profound ways, much like the discovery of fire, but it also poses significant risks if mishandled, said Stefania Giannini, UNESCO's Assistant Director General for Education. In an interview with PTI from Paris, Giannini, who is also the former Minister of Education in Italy, said each technological revolution has had broad social and educational implications, radically changing the way we live and how we learn. She flagged that the digital divide in countries is still very much deep and the new technology, if not driven and supported by the appropriate investments, will widen this divide.
29.09 / 09:53
markets
Provident
Target
War
information
reports
How an Iranian spy’s intel uncovered Hezbollah leader’s location just before Israel’s strategic airstrike
Hezbollah leader Sayyed Hassan Nasrallah was killed in an airstrike in Beirut. Reports indicate that an Iranian mole provided Israeli authorities with critical information about his whereabouts just hours before the attack. According to the French newspaper Le Parisien, the mole informed Israeli officials that Nasrallah was at Hezbollah's underground headquarters in Beirut's southern suburbs for a meeting with top members of the organization. Around 1.30 pm IST yesterday (11 am Lebanon time), Israel Defence Forces said in a post on X, «Hassan Nasrallah will no longer be able to terrorize the world.» Later in the day, Hezbollah confirmed the news. «Sayyed Hassan Nasrallah… has joined his great, immortal martyr comrades whom he led for about 30 years,» it said in a statement. The recent airstrike is part of Israel's ongoing campaign against Hezbollah, which has been bolstered by significant intelligence efforts. A report from The New York Times highlights that Israel has devoted increased resources to gather intelligence on Hezbollah since the 2006 war, a conflict that ended without a decisive Israeli victory.
29.09 / 09:53
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Majority of employees feel their organisations can do more to address mental health issues: report
India is taking steps to address mental health issues at workplaces, a majority of employees believe companies could do more to improve their overall well-being, a survey report said on Saturday. Over 79 % of those participated in the survey opined their organisations could do more to address mental health issues and well-being, according to the report by HR services and workforce solutions provider Genius Consultants. «We must recognise that employee well-being is not just a trend, but a crucial aspect of organizational success. The data reveals that a significant number of employees are grappling with anxiety and feeling overwhelmed in their work environments. Companies need to take proactive steps to foster a supportive atmosphere that prioritises mental health and work-life balance,» Genius Consultants Chairman and Managing Director R P Yadav said.
29.09 / 09:53
markets
Action
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Investigations
ED officials extorting money along with BJP leaders, Fadnavis knows about them: Sanjay Raut
Sanjay Raut on Sunday alleged some Enforcement Directorate officials were extorting huge sums of money from people in connivance with BJP leaders and asserted these illegalities will be exposed when his party comes to power. Speaking to reporters, Raut further alleged Maharashtra Deputy Chief Minister Devendra Fadnavis knows about those indulging in such illegalities. «One Jitu Navlani, who was employed as an agent of the ED, was involved in extorting money. Our MVA government pursued legal action against him. It is believed he had the support of both the ED and BJP leader Devendra Fadnavis,» Raut alleged. Fadnavis shut down the special investigation team formed by the MVA government to probe this matter after he took over as state home minister (in the Eknath Shinde government in June 2022), Raut claimed.
29.09 / 09:25
markets
Target
Apple
Analysis
economy
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Global news wrap: US yield, China’s stimulus, iPhone 16
Subscribe to enjoy similar stories. Every month, Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each development is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India.
29.09 / 09:25
markets
Provident
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diving
Companies News Today Live Updates on September 29, 2024: Singapore’s Dragon Fund expects India to become its largest market
Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations.
29.09 / 09:25
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IBM
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Lessons for Indian IT services firms as Accenture, IBM lead GenAI charge
Subscribe to enjoy similar stories. International Business Machines Corp. is staging a remarkable turnaround as it positions itself for the future, signing up an increasing number of clients for its generative artificial intelligence services tied to its consulting business.
29.09 / 09:25
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Singapore’s Dragon Fund expects India to become its largest market
Subscribe to enjoy similar stories. Bengaluru: Dragon Fund, which has backed prominent Indian startups including Meesho and Zepto, will ramp up its pace of investments in India and is likely to deploy more than half of its $500 million global fund it raised in 2023 by the end of this year, a top executive told Mint. “India will undoubtedly be one of our largest markets.
29.09 / 06:21
markets
Research
country
innovations
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Pharmaceuticals
Regulatory, policy reforms crucial for future of India's pharma R&D: Report
Deloitte and industry chamber ASSOCHAM. It acknowledged that India's pharmaceutical ecosystem is transforming significantly, supported by comprehensive regulatory and policy reforms to foster innovation and growth. The regulatory framework, which governs drug discovery, development and commercialisation, is being actively enhanced to streamline approval processes, increase transparency and reduce barriers to entry for innovative products.
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