Reports Financial News
27.08 / 02:52
26.08 / 23:48
Manufacturing
performer
country
reports
Equality
Interviews
Bangladesh starts economic clean-up after Sheikh Hasina's exit
Bangladesh will examine data anomalies that allegedly inflated economic performance during former Prime Minister Sheikh Hasina’s regime, in an effort to stamp out corruption that plagued the South Asian nation for most of the past 15 years. The country’s interim government has asked Debapriya Bhattacharya, an economist and public policy analyst, to produce a “white paper” documenting mismanagement under Hasina’s rule. Bhattacharya has 90 days to write the paper and plans to submit an initial report to Nobel-winning banker Muhammad Yunus, who’s leading Bangladesh’s temporary administration. “We have a serious problem with data,” Bhattacharya, 68, said in an interview in Dhaka on Saturday. “Data were manufactured. Data were suppressed. I call that data anarchy.”
26.08 / 23:48
Action
WhatsApp
show
reports
Discrimination
Courts
Investigations
Lenovo fires employee for urinating in hotel's lobby, faces $1.5 million lawsuit
Lenovo has reportedly fired a computer salesman from the company for reportedly urinating in a hotel's lobby. Now the employee has sued the company for whopping $1.5 million. Richard Becker, 66, was fired after he urinated in a Times Square hotel lobby due to a bladder condition. Now, he has accused the company of discrimination based on disability, according to a lawsuit filed last Friday in New York State Supreme Court. The incident took place in February, after Becker attended a work-related dinner and returned to his hotel near New York's bustling Times Square. Overcome by an urgent need to relieve himself due to his chronic bladder condition, Becker claims he was forced to use a vestibule located on a separate floor from the main lobby. Although Becker's condition was well-known among his colleagues and managers at Lenovo, a coworker allegedly witnessed the incident and reported him to human resources. The lawsuit suggests that this coworker acted «out of spite and malice,» even though Becker’s actions, according to the filing, «caused no harm to anyone whatsoever.»
26.08 / 20:06
26.08 / 19:49
Provident
Gap
security
Align
reports
Updates
International
India sets out to close a critical accounting standard gap to align itself with global peers
NFRA), in collaboration with the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi), is urging the Institute of Chartered Accountants of India to update a crucial accounting standard to align with revamped international norms, addressing a gap that has existed for over two decades, ToI reported on August 26. On Monday, the NFRA board will deliberate on updating SA 600 to match the International Standard on Auditing 600 (ISA 600), which has undergone revisions in 2009 and 2023. This move follows the NFRA's observation of discrepancies in various cases, including those involving Reliance Capital, IL&FS, DHFL, and Café Coffee Day. The NFRA, responsible for overseeing auditors and audit firms of large and listed companies, initiated discussions in May to update these standards, aiming to close the regulatory gap. Sources have indicated that SA 600 has been particularly contentious. While some chartered accountants argue that smaller firms might be adversely affected, regulatory sources insist that protecting small investors' interests is paramount.
26.08 / 17:49
UPS
Booking
Gap
Trade
electronic
reports
BEL shares up 0.32% as Sensex rises
Bharat Electronics Ltd. gained 0.32 per cent to Rs 307.05 in Monday's session as of 11:52AM (IST) even as the equity benchmark Sensex traded 609.44 points higher at 81695.65. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 340.35 and a 52-week low of Rs 127.0 on NSE. Around 777830 shares changed hands on the counter till 11:52AM (IST).
26.08 / 17:31
Parke
WhatsApp
wellness
reports
Did cheetah introduction increase revenue like Mumbai penguin project? Aaditya Thackeray
Shiv Sena (UBT) leader Aaditya Thackeray on Sunday wondered whether the introduction of cheetahs at Kuno Park in Madhya Pradesh translated into the generation of revenue, claiming penguins in the Mumbai zoo boosted the income of the civic body. «One should find out how much revenue generated after cheetahs were translocated to India (in Kuno Park in Madhya Pradesh),» Thackeray told reporters. The former state minister claimed the introduction of penguins in the civic-run Veermata Jijabai Bhosale Botanical Udyan contributed to increased earnings for the Brihanmumbai Municipal Corporation (BMC).
26.08 / 12:34
Cooper
Telegram
security
country
reports
Courts
Telegram’s Pavel Durov made a ‘miscalculation’ fleeing Russia, says Kremlin
Medvedev on Sunday claimed that Pavel Durov, founder of the Telegram messaging app, «miscalculated» by fleeing Russia. Durov was arrested on Saturday at Paris Le Bourget airport in France for offences related to the app and failing to address its criminal use, and appeared in court on Sunday. Medvedev, now deputy head of Russia's Security Council, asserted Durov's belief he could avoid cooperating with security services abroad was mistaken. Medvedev mentioned a past conversation with Durov where he warned him that refusing to cooperate with law enforcement would cause problems in any country. Despite this, Durov, who holds multiple citizenships, left Russia in 2014 after refusing to comply with government orders to shut down opposition groups on his previous social media platform, VKontakte. «He miscalculated,» Medvedev stated. “For all our common enemies now, he is Russian – and therefore unpredictable and dangerous.” Medvedev added, «Durov should finally realise that one cannot choose one's fatherland.»
26.08 / 07:37
Action
film
Actor
Justice
reports
Investigations
I would like to trust what CM Vijayan has said: Kerala Guv Arif Khan on Hema Committee report
Kerala Governor Arif Mohammed Khan on Sunday said that he would like to trust Chief Minister Pinarayi Vijayan when he said that if the victims of sexual abuses in the Malayalam film industry come forward then the process of law will be set in motion. The Governor was reacting to the questions related to the Hema Committee report that revealed sexual abuses in the Malayalam film industry. The Opposition in Kerala has asked for an investigation into the revelations in the report. «I think the chief minister on record said that if they come with specific complaints, the process will be set in motion. He has already said it. I am not saying anything because I do not deal with the subject,» Khan said.
25.08 / 15:26
Research
Virus
country
outbreak
reports
infection
strain
A deadly new strain of Mpox is raising alarm
On 14 August officials at the World Health Organisation classified the outbreak of Mpox as a global health emergency. A new strain of the disease has spread beyond the Democratic Republic of Congo for the first time, to at least 12 other African countries. MPOX IS A viral infection typically found in parts of Africa and spread through contact with infected animals as well as within households. It causes severe fever, flu-like symptoms and a rash of pus-filled blisters across the body.
25.08 / 04:13
UPS
Target
Sustainability
Election
reports
Unified Pension Scheme: The political motive behind Modi govt's new big move
BJP) is targeting political gains from government employees by offering a Unified Pension Scheme (UPS) that includes a 50% salary as pension and inflation adjustment, countering the Congress's promise of a return to the unfunded Old Pension Scheme (OPS), a ToI report said on August 25. This move comes ahead of key assembly polls in Haryana, Jammu and Kashmir, Maharashtra, and Jharkhand. Recently, some government employees were influenced by Congress's OPS promise, particularly in Himachal Pradesh, said the report (by Akhilesh Singh). Government cadres have traditionally been a solid vote bank for the BJP, especially in Delhi, where elections are imminent in February. However, the demand for restoring OPS was leveraged by Congress in recent state elections to challenge the BJP. This tactic appeared effective in Himachal Pradesh, a state where government employees have significant influence. Despite this, BJP managed to win both Lok Sabha and assembly polls in Madhya Pradesh without much damage from the OPS issue. The dissatisfaction among some government employees was noticeable during the Lok Sabha polls, although it was less pronounced than in state elections. Observers suggested that this discontent could be influential in upcoming election battles.
25.08 / 02:50
Provident
Target
stage
country
Inside
reports
Israel says it is staging airstrikes inside Lebanon targeting the Shiite militia Hezbollah
Israel launched airstrikes inside Lebanon early Sunday that its military said targeted positions of the Shiite militia Hezbollah. In a statement, the Israeli military accused Hezbollah of «preparing to file missiles and rockets toward Israeli territory.» "In a self-defense act to remove these threats, the (Israeli military) is striking terror targets in Lebanon, from which Hezbollah was planning to launch their attacks on Israeli civilians," Israeli military spokesman, Rear Adm. Daniel Hagari, said.
25.08 / 02:50
country
reports
gatherings
strain
Relationships
Pakistan invites PM Modi for SCO meet in October, but Islamabad visit unlikely amid tensions
Pakistan has extended an invitation to Prime Minister Narendra Modi, along with other leaders of the Shanghai Cooperation Organisation (SCO), for the upcoming Council of Heads of Government (CHG) meeting in October this year, reported The Times of India. However, it is unlikely that Modi will visit Islamabad, though it remains to be seen if he will delegate a minister to represent India, as has been done in the past, considering the strained relations between the two nations, the report added. Pakistan is set to host the CHG meeting on October 15-16, as it currently holds the rotating chairmanship of the council, the second most important decision-making body within the SCO, following the Council of Heads of State. While Modi regularly attends the heads of state summits, he skipped the recent one in Kazakhstan due to a scheduling conflict with a Parliament session in early July.
25.08 / 02:33
Cooper
Telegram
Platform
security
reports
travelers
Telegram founder Paul Durov detained at French airport: Report
Telegram messaging app, Paul Durov, who had an arrest warrant issued against him, was detained by the French authorities at an airport outside Paris, CNN reported. Officers from France's anti-fraud office, attached to French customs, took the French-Russian billionaire into custody on Saturday evening after he arrived at Bourget Airport on a flight from Azerbaijan, according to CNN affiliate BFMTV. Durov, 39, was wanted under a French arrest warrant due to the lack of moderation on Telegram, which allegedly led to the platform being used for money laundering, drug trafficking and sharing pedophilic content.
24.08 / 22:44
Provident
Williams
Entertainment
WhatsApp
Duke
2020
reports
This is how much the British Royal family earns; here's the number breakdown
British royal family gets their money from a variety of sources. One important source that is supported by tax dollars is the Sovereign Grant. The Sovereign Grant was £86.3 million, or about $113 million, for the years 2021–2022 and 2022–2023. The Crown Estate, which is in charge of overseeing substantial holdings of land and property, provides the funding for this grant. But the majority of this money is used to fund staff salaries, upkeep of the royal homes, and planning of more than 2,500 events per year. The estimated £369 million, or around $483 million, refurbishment project for Buckingham Palace, which is scheduled to be finished by 2027, is another significant investment, as per the reports of Yahoo entertainment.
24.08 / 21:20
Gap
Fighting
security
Food
Death
reports
As Gaza ceasefire talks stretch, death, disease & hunger rage on
CAIRO/JERUSALEM: Gaza ceasefire and hostage negotiators discussed new compromise proposals in Cairo on Saturday, seeking to bridge gaps between Israel and Hamas as the UN reported worsening humanitarian conditions, with malnutrition soaring and polio discovered. Israeli military strikes in Gaza killed 50 people on Saturday, Palestinian health authorities said. Victims of hostilities over the past 48 hours remain lying on roads where fighting continues or trapped under rubble, the authorities said.
24.08 / 20:55
Provident
Entertainment
Universities
hospital
reports
Colleges
Updates
For the first time King Charles says he lost his sense of taste amid his cancer treatment
King Charles III recently provided a rare update on his health during a visit with families in Southport who were affected by a tragic knife attack that claimed the lives of three children. When asked about his well-being amidst ongoing cancer treatment, the King responded with optimism, stating that he was doing “not too bad.” This marks a significant moment as Charles, who was diagnosed with an undisclosed form of cancer in February, has mostly kept his health details private, sharing only occasional updates, as per the reports of Yahoo entertainment.
24.08 / 19:27
Cooper
Platform
security
Mobile
country
innovations
reports
India, US press ahead with anti-submarine equipment sale
India and the United States agreed to press forward with the acquisition of anti-submarine equipment and the co-production of crucial systems such as fighter jet engines and unmanned platforms. Coinciding with the visit, the US Secretary of State approved a Foreign Military Sale of Anti-Submarine Warfare Sonobuoys and Related Equipment for an estimated $52.8 million. The High Altitude Anti-Submarine Warfare (HAASW) sonobuoys will be launched by Indian Navy MH-60R helicopters stationed aboard frontline warships. In his meeting with Secretary of Defense Lloyd J. Austin III, Singh discussed bilateral defense initiatives, including efforts to increase supply chain security and enhance maritime security in the Indian Ocean Region.
24.08 / 13:07
Citi
Celebrity
band
stage
reports
shock
3 killed, 4 hurt in attack on festival in Germany city: police
German city of Solingen, police said.Police said that the perpetrator was on the run, German news agency dpa reported. It cited unidentified police sources as saying the weapon was believed to be a knife.
24.08 / 11:33
UPS
Google
WhatsApp
Corning
reports
Features
Updates
Weekly Tech Recap: iPhone 16 launch date leaked, Google reportedly looks to remove search button on Android and more
iPhone 16 launch poster started circulating on social media, courtesy of tipster Majin Bu, stating that the new iPhone models would be released on September 10. As it turns out, the poster wasn't leaked, but created by a regular user for a bit of fun.However, a new report from Bloomberg's Mark Gurman, a much more reliable source, claims that Apple is indeed planning to hold its biggest hardware launch event of the year on Tuesday September 10, and that the new iPhones could go on sale from September 20.Google may be making some major changes to its app that could see the removal of the bottom search bar that has become a familiar sight on all Android devices.
24.08 / 11:32
UPS
security
War
country
reports
North Korea condemns new US nuclear strategic plan report
North Korea vowed Saturday to advance its nuclear capabilities, reacting to a report that the United States had revised its own nuclear strategic plan. The country will «bolster up its strategic strength in every way to control and eliminate all sorts of security challenges that may result from Washington's revised plan», the official Korean Central News Agency (KCNA) reported. The New York Times reported this week that a US plan approved by President Joe Biden in March was to prepare for possible coordinated nuclear confrontations with Russia, China and North Korea.
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