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₹50 lakh each for seven startups in the technical textiles sector under the National Technical Textiles Mission (NTTM).This initiative aims to promote innovation and sustainability while fostering transformative developments in the industry, the Ministry of Textiles said in a statement.The ministry has set a target to support 150 startups to promote innovations in technical textiles. These seven are in addition to one that was approved earlier.Mint on 4 June was the first to report that the textiles ministry planned to give grants of up to ₹50 lakh each to 150 startups that are engaged in making technical textiles and that the ministry will not seek any share of the profits from the business generated.Also read: Centre to fund 150 startups with ₹50 lakh each for developing advanced technical textilesAdditionally, the textiles ministry has relaxed the royalty cap on this scheme.

The cryptocurrency space attracted over $1 billion in investments during the month of May, representing a slight decrease compared to the previous month’s figures.

Morgan Stanley bought 3,13,29,540 equity shares in L&T Finance for over Rs 534 crore via a block deal on Thursday. Its Asian arm Morgan Stanley Asia Singapore PTE bought shares at a price of Rs 170.60 apiece, which was Wednesday's closing price on the BSE. L&T Finance shares on Thursday ended at Rs 175.85, up Rs 5.25 or 3.08%.

Showtime's Your Honor garnered attention for its gripping narrative, stellar cast, and compelling setting across its two seasons, now available for streaming on Netflix. Despite initial success and fan anticipation, hopes for a Season 3 appear dim, leaving many to wonder what led to the show's cancellation.

Flexible workspace provider WeWork India on Thursday opened its first Chennai co-working space in Olympia Cyberspace in Guindy, making this the 55th building for the company in the country. The facility spans over 130,000 sq. ft. and has 2,000 seats available across two floors. It has also already signed on members like Wheelocity Fresh, Molex India, Dr. Wamser + Batra India and H2O LLC.

‘Mornings with Maria’ panelists react to December’s better-than-expected jobs report, detailing its expected impact on the labor market and U.S. economy.

Fidelity and Envestnet are building on their more than two decades of partnership, which has grown to include more than $500 billion across managed accounts, to deliver a new suite of unified wealth and advisory solutions.

IT sector, according to a report released on Thursday. The highest share of job postings for freshers was witnessed by the IT and staffing industry with over 32 per cent and 12 per cent share of jobs, respectively, dedicated to entry-level professionals, foundit (formerly Monster APAC & ME) report on fresher hiring trends. Additionally, it revealed that the demand for freshers has increased 5 per cent over the last six months. The report is based on an analysis of data on foundit platform from May 2023 to May 2024.

El Salvador, built to hold members of the country's most violent gangs. Known as the Centre for the Confinement of Terrorism, this huge facility in Tecoluca can hold about 40,000 prisoners, similar to fitting two full Madison Square Gardens, as per the reports of 'New York Post'. The El Salvadoran government posted photographs of numerous severely tattooed, shirtless prisoners being transferred to the maximum-security jail. These prisoners are continuously in fear of being tortured or killed while being held in small, artificially lit cells. No inmate who has ever been admitted has ever been freed.

acquisition of Penna Cement will be funded through internal accruals. In its edition dated June 13, ET reported that the Adani Group is in talks to acquire Penna Cement. The Group is also evaluating other cement companies for acquisition including Gujarat-headquartered Saurashtra Cement and the cement business of Jaiprakash Associates as well as ABG Shipyard-owned Vadraj Cement.

Colin Bridgerton and Penelope Featherington, attention is already shifting towards the future. The much-loved Netflix series, known for its opulent settings and intricate romances, is set to return with Season 4. Showrunner Jess Brownell has hinted that the upcoming season will be some of her best work yet.

triplets and fourteen sets of twins. Twelve sets of fraternal twins and two sets of identical twins were among the 543 students who received diplomas at Cooper City High School's graduation ceremony. While, as per the reports of 'New York Post', Broward County Public School officials don't know if there's an official record for the most twins in a graduating class, they think they might have just set it.

₹327. Also Read: OPEC+ to support Brent at $80/bbl; ONGC/Oil India placed well on dividend pay, valuations‘’The company is expected to improve its earnings performance backed by increased production at KG 98/2 field, improved realisations, monetisation of discoveries, increased capex and potential adjustment of windfall tax.

JPMorgan Asset Management chief market strategist Gabriela Santos analyzes the Federal Reserve's interest-rate decision making on 'The Claman Countdown.'

As 2024 began there was plenty of concern about the U.S. economy, not least the worrying potential of recession.

Bond traders loaded back up on interest-rate-cut bets — and even the pushback coming out of the Federal Reserve did little to shake their conviction.

In a company memo obtained by Bloomberg, Paxos CEO Charles Cascarilla says that the layoffs “allows us to best execute on the massive opportunity ahead in tokenization and stablecoin" and the company is in a "very strong financial position to succeed". The pink slips have been handed out to 65 staff members. The company, which reached a $2.4 billion valuation on a $300 million Series D at the height of the fintech boom in April 2021, recently annonced plans to exit the Canadian market. The Bloomberg report says that Paxos intends to gradually discontinue its settlement services in commodities and securities to concentrate more on asset tokenization and stablecoins. Paxos is the digital assets partner of PayPal's stablecoin PYUSD.

Artificial intelligence is pushing chief information officers closer to the corner office than ever before. More CIOs are reporting directly to their chief executives, rather than chief financial officers, a reflection of the role’s increased importance in helping set corporate AI strategies to keep up with the competition. CIOs have traditionally managed information-technology systems like data centers, cloud computing and business software, but must also now modernize IT and data systems to take advantage of generative AI—or even set the AI game plan.

Delhi Police is in the process of preparing a "100 Day's Action Plan", after the newly formed central government asked all the ministries and departments to give final touches of their planning of work for the next 100 days of Modi 3.0. According to sources, Delhi Police Commissioner Sanjay Arora has asked all the unit heads to submit «100 Day's Action Plan» by June 14, which may be later submitted to the Union home ministry. A letter was sent to all the special commissioners and joint commissioners of their respective units, seeking a plan for the next 100 days for their 'verticals' by the Delhi Police Headquarters earlier this week, the sources said. A senior police officer, who did not wish to be named, said the heads of the units have held multiple rounds of talks and meetings, and drew their plans for them to be submitted to the police headquarters.

A recent survey found that 93% of global freelancers want to incorporate crypto and stablecoins into their income streams.

₹44.93 crore. GEM Enviro IPO is an SME IPO and is set to hit the street on June 19.The bidding for GEM Enviro IPO closes for subscription on June 21 and the IPO allotment is expected to be finalized on June 24.