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Reserve Bank of India (RBI) suggest that it may transfer a higher dividend — possibly in the region of ₹1 lakh crore — to the government than last year, giving a potential boost to New Delhi's finances. Last week, the RBI announced a steep cut in the government's borrowing through Treasury Bills, reducing the amount of funds that the Centre would have garnered through these short-term instruments by ₹60,000 crore. The central bank also took some measures to ensure greater success of an upcoming operation where the government plans to prematurely pay back ₹60,000 crore of earlier borrowings.

HTech, the newly formed smartphone company which has a licence to sell Honor-branded handsets in India, is looking to raise about $100 million from investors to diversify into manufacturing, co-create India-specific products and improve customer experience, a top executive said. «We've already ploughed in $10 million into the business and are now looking to raise another $100 million, of which $20 million will be raised in the next six months,» Madhav Sheth, chief executive officer of HTech, told ET. The smartphone player will be looking to dilute equity in the company — in which Sheth is now a majority shareholder — to raise the funds. «When you are doing something for the first time, having an equity partner will ensure the scale of growth is much faster,» the executive said. Since inception in August 2023, HTech has launched two handsets across the mid-premium and budget segments, and is looking to launch six more by the end of 2024, targeting the fast-growing premium segment which contributes 20% in volume terms to the smartphone market, according to Counterpoint Research.

Demand-supply mismatches could keep prices of pulses elevated until the new crop starts arriving in the market in October, putting further pressure on already high food inflation, say experts. Higher prices of pulses — tur, chana and urad — despite myriad measures to keep them under check have been a cause of concern for the government. In April, inflation in pulses was 16.8%, with tur at 31.4%, gram at 14.6% and urad at 14.3%. Pulses account for a 6% weight in the food basket and 2.4% in the overall consumer basket for inflation calculation. Food inflation accelerated to 8.7% in April from 8.5% the previous month.

(Bloomberg) — This is the first story in a Bloomberg Green series breaking down the Hydrogen Hype.

Netflix's latest miniseries, Bodkin, has captured the imagination of true-crime enthusiasts with its intriguing plot and compelling characters. As viewers eagerly follow the story of Gilbert Power and his team unraveling a decades-old mystery, the question on everyone's mind is whether there will be a sequel to this captivating series.

As May reaches the halfway point, many remain split on whether “No Mow May” is an effective method in aiding the native bee population.

businesses in India — as many as 91 per cent — face innovation challenges, according to insights accessed exclusively by ET from the Dell Technologies Innovation Catalyst research. The research highlighted that data and AI are crucial for innovation today, whether for productivity gains or sustainability, while also revealing the challenges that arise. In all, 6,600 IT and business decision-makers were surveyed globally, of whom 300 were from significant businesses in India.

Indian Institute for Human Settlements, says the situation it describes, of the impact of high temperature and humidity, is a cause for concern in India. “As relative humidity increases, it will become harder for us to perspire and reject heat from our bodies.” In such situations, the only cooling technology that works is air conditioning, but less than 10% of Indian households have ACs, which, in turn, expel heat and contribute to warming. As this year’s summer, with its extended heat waves and record temperatures, warns, how to adapt to a warmer world is no longer a hypothetical question.

restaurant. So, is it worth paying 'so much' for food? Stepping into the swanky premises of Nadodi, an upmarket restaurant in Kuala Lumpur that reimagines South Asian cuisine in a novel way, the question briefly presents itself, but evaporates the moment the first course arrives. Honestly, if we had wanted just food, we could have had a meal in the hawker centre downstairs. We would have ordered a steaming bowl of laksa, opted for a roti canai, or chosen bak kut the, a pork rib dish cooked in broth. Instead, we are here at Nadodi for the veritable art on our plates, the incredible research each dish builds on, and the use of exquisite locally sourced ingredients.

Ed Dwight, the first Black man to train to be an astronaut decades ago, never actually made it to space. An astronaut candidate in the early 1960s, he became a celebrity in the Black community, landing on the covers of Jet and Ebony magazines as a trailblazing pilot. But the National Aeronautics and Space Administration ultimately never selected him.

notification,unreserved candidates who have secured at least 55% marks in master’s degree or equivalent examination from universities/institutions recognized by UGC in Humanities and Social Science, Computer Science and Applications, and Electronic Science are eligible for the exam. The Other Backward Classes (OBC) belonging to the non-creamy layer/Scheduled Caste/Scheduled Tribe /Persons with Disability and third gender category candidates who have secured at least 50% marks in master’s degree or equivalent examination are eligible for the same. There is no upper age limit to appear for the UGC NET professorship exam, whereas, for the post of JRF (Junior Research Fellowship), the candidates must be not more than 30 years old on the first day of the month in which the examination is concluded, i.e.

Mint, two of the largest money managers in Europe opposed the decision of the board of Nestle India. “The performance of the company does not sufficiently demonstrate the benefits of the royalty payments over the years, which have grown at a rate higher than the company's revenues and net profit," said Legal & General Investment Management (LGIM), UK’s largest fund manager, managing $1.5 trillion of assets. Nordea Asset Management, the investment arm of the Nordic region’s largest bank, having $400 billion in assets under management, also opposed the resolution.

cancer diagnosis is life-changing and can cause a range of concerns about ongoing health. Fear of cancer returning is one of the top health concerns. And managing this fear is an important part of cancer treatment. But how likely is it to get cancer for a second time?

Nifty ended Saturday’s small and special trading session 36 points higher to close above 22,500 for the first time in several days. However, a small bodied candle on the daily chart suggests very little about the future direction of the price, analysts say. On the weekly chart, a Piercing Line-type pattern was seen, which hinted at more upside for the market ahead.

Indian Railway Finance Corporation shares, the multibagger railway stock, has rallied more than 17% in one week and over 22% in one month. The PSU stock has jumped over 74% year-to-date (YTD), while it has given multibagger returns of more than 411% in one year. IRFC shares are presently at around ₹173.20 levels.

People have long been fascinated with how the Egyptian pyramids were built, floating theories from the construction of expansive causeways to extraterrestrial assistance.

While thefocus for the moment is — rightly, on the long working hours of juniors investment banking divisions after the death of Leo Lukenas (whom Bank of America says didn't work long hours, but whom a headhunter now says was seeking to find a new job for that very reason), there were reminders yesterday that young bankers aren't alone in being expected to grind. 

OpenAI has effectively dissolved a team focused on ensuring the safety of possible future ultra-capable artificial intelligence systems, following the departure of the group’s two leaders, including OpenAI co-founder and chief scientist, Ilya Sutskever. Rather than maintain the so-called superalignment team as a standalone entity, OpenAI is now integrating the group more deeply across its research efforts to help the company achieve its safety goals, the company told Bloomberg News. The team was formed less than a year ago under the leadership of Sutskever and Jan Leike, another OpenAI veteran.

Equity markets traded firmly for the most part of Friday and closed with gains. The exchanges will remain open on Saturday for a special trading session to prepare for disaster management. «Overall, we expect markets to witness a gradual recovery. However, concerns regarding consistent FII selling, India VIX still above 20 levels, ongoing general election polling and the outcome could keep volatility higher,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial

New research by JPMorgan sheds fresh light on spending patterns of partially retired households, revealing significant challenges and differences from their fully retired counterparts.

Thames Water Utilities Ltd.’s biggest shareholder has written off its investment in the utility in a sign of the escalating financial crisis at the United Kingdom‘s largest water company.