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Ajay Banga, the 14th President of the World Bank, recently held court in Stanford’s Hoover Institution. The former MasterCard CEO, who in 2021 became an advisor to General Atlantic's climate-focused fund, painted a picture of a world at a crossroads—grappling with climate change, refugee crises, and the promise (and perils) of AI. Banga took the reins at the World Bank last year. He said. «We are a Knowledge Bank,» repositioning the Bank from being just a “money bank” to a venerable institution focused on solving many problems. On climate, Banga was cautiously upbeat. He pointed to the Paris Agreement as a turning point, not just for governments but also for public awareness. «This wasn't even a topic five-eight years ago,» he noted. The rapid progress in renewable energy particularly caught his eye. «It now takes a day to install a gigawatt of solar. It used to take 100 days a few years ago,» Banga said.

Wealth managers believe investors can allocate spare money in their bank accounts to overnight funds to earn more than a savings account. WHAT ARE OVERNIGHT FUNDS? Overnight funds are a category of debt mutual funds. These schemes have a portfolio that invests in securities that mature in one day. The bonds are purchased overnight, and they mature by the following business day. Overnight funds invest in assets such as overnight reverse repos, CBLOs (Collateralised Borrowing and Lending Obligations), and money market securities that mature the next day.

JD Vance, Republican Donald Trump's pick as his vice presidential running mate, squared off against Minnesota Governor Tim Walz, who Democrat Kamala Harris tapped to be her No. 2, in a nationally televised debate on Tuesday. The debate is likely the final one of the 2024 presidential campaign, potentially giving it some additional weight ahead of the Nov. 5 election. Here are some takeaways from the event in New York:

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Speaker Mike Johnson is laying out a five-point policy agenda should Republicans take the majority next year

Square 1 Farmers owner Tim Ryan and Tim Ryan Jr., his son and VP of sales, explain their preparation for supply chain issues ahead of the port strikes and discuss the affect on businesses and consumers.

Joker 2 is releasing in approximately 4,000 US theatres and the gross collection for the opening weekend of the sequel is predicted at near about $60 million. According to reports from Deadline, the earlier estimates for Joker 2 opening were forecasted over $70 million. The sequel of Joker, «Joker: Folie a Deux» or Joker 2 has already earned around $140 million worldwide even before its release in US. Deadline noted that as Joker 2 or Joker: Folie a Deux is going to be a unique R-rated musical format, thus it might not have the same success which Joker garnered during its opening with an earning of $96.2 million. Also Read: Real Madrid vs LOSC Lille live streaming free: Prediction, date, kick off time, how to watch UEFA Champions League game

One Piece Manga introduces a pretty new adventure in its latest Chapter 1128 which bears some magical reference to the famous Harry Potter series and fans all over the world are extremely delighted regarding that. According to Dexerto, Chapter 1128 of One Piece manga begins with references from Harry Potter where the Straw Hat Pirates can be seen wearing student uniforms just like it can be seen in movies of Harry Potter while they can also be seen flying on brooms and a massive dragon. One Piece Chapter 1128 will be released on Sunday, October 6 at 11 am (ET). Also Read: What Does the Annular Solar Eclipse Mean for Your Zodiac Sign?

Season 10 brings significant changes to Gaffney Chicago Medical Center. New doctors, layoffs and personal conflicts lead to rising tensions in the emergency department. The show will release Episode 2 soon.

Narendra Modi charged the Congress with focusing its politics solely on false promises and hoping that since it has been out of power for a decade in the state the voters will serve power to it on a platter. He reiterated his allegation that Congress is a divided house in the state and the father-son Hooda duo is depriving the Dalits and backwards of their rights. «Congress has only one formula — to not work and not allow others to work. Congress politics is confined to making false promises whereas BJP politics is based on hard work and delivering results… We focus on outcomes but Congress does not do any work. Congress feels that since a decade has passed, people of Haryana will serve power to them on a platter. It had the same misconception in Madhya Pradesh where the party started celebrating even before the results came out,» Modi said at a rally in Palwal. In neighbouring Rajasthan too, Congress had made serious attempts to instigate farmers and youth against the BJP but these plans fell flat, he added.

Nariman Point, the original central business district of the country's financial capital, is set to get a major boost with the Mumbai Metro Rail Corporation (MMRCL) planning to put a prime 4.2-acre land parcel in South Mumbai on the block through a global tender. This is for the first time a land parcel in Nariman Point is being auctioned ever since its emergence as a prime downtown planned commercial zone in the early 1970s. The authority has already held initial talks with leading global and domestic entities including the Blackstone Group, Hines, Mapletree Investments, Sumitomo Corp, the Tata Group, Lodha, K Raheja Corp, Oberoi Realty, and RMZ Group, and has received a positive response from potential bidders.

LeBron James said Monday the historic prospect of playing alongside eldest son Bronny for the Los Angeles Lakers has given him a new lease of life ahead of the upcoming NBA season. James, 39, will tie Vince Carter's record of playing 22 seasons in the NBA this year when he suits up for the Lakers after a summer in which he helped the USA defend their Olympic gold medal in Paris. At some point this season, James will make NBA history by playing alongside 19-year-old son Bronny, who was chosen by the Lakers with the 55th pick in the draft in June.

«No major issue was reported from anyone, including banks, etc. The 15-20% drop in traffic was expected because not all the entities have all their URLs whitelisted,» an official told ET, asking not to be named. «Things are going all right as of now.» Whitelisting means entities sending commercial messages must provide all information related to URLs, OTT links and APKs (Android application packages or call back numbers) to telcos, who will then feed the information to their blockchain-based distributed ledger technology platform. If the information matches, the message is passed; otherwise, it is blocked.

natural gas trading hub to help develop a competitive domestic gas market. The oil ministry officials recently held a meeting with gas industry executives to discuss the need for a hub, where prices reflect the domestic supply and demand fundamentals, according to people familiar with the matter. The government may soon set up a committee to suggest a roadmap to build a hub, they said. Henry Hub in the US offers the most referenced gas pricing in the world due to its large trading volume, liquidity and transparent pricing. Henry Hub is a gas pipeline in Louisiana connected to several gas markets in the US. It serves as the delivery point for futures contracts on the New York Mercantile Exchange (NYMEX). Britain's National Balancing Point (NBP) is a virtual hub, which reflects the gas price in the entire country without factoring in the transport costs, which are levied separately.

Tata Motors is set to advance the annual maintenance shutdown of its passenger vehicle plants due to mounting stockpiles-equivalent to up to two months of sales-amid slowing sales across its petrol, CNG and electric cars, multiple people aware of the company's plans said. This is to align production with demand and correct the stock before the calendar year ends, they said. Typically, auto companies take annual maintenance shutdowns in December to correct stock levels of the ongoing calendar year and make way for the new calendar year models. Tata Motors would be the first passenger vehicle maker to pare output amid slowing sales this year, people cited above said. Other automakers are likely to take a call on paring their output post the festive season, they added. After a scorching pace of growth for three years, passenger vehicle sales in India hit the slow lane this year. Sales are estimated to have declined in September over the year-ago period, marking a third consecutive month of decline.

annular solar eclipse is all set to occur on October 2, following the partial lunar eclipse on September 17. NASA claims that this eclipse occurs when the moon passes between the Sun and Earth, creating a ring of fire in the sky. This eclipse is on its way to shake up the zodiac signs emotionally and professionally. According to TODAY, there will be an annular solar eclipse on October 2 that is scheduled to fall in line with the new moon in Libra, which happens near the start of the Libra season. Although people in the continental United States won't be able to see this solar eclipse, astrology enthusiasts might be able to feel its effects. This is the last eclipse in Libra on the Aries-Libra axis. There have been eclipses on this axis since 2023, so people might be witnessing a significant evolution since then. There will be a lot going on, both personally and professionally, and the solar eclipse's conjunction with Mercury will help achieve a strong emotional and mental balance.

NIA) on Tuesday conducted raids at 12 places in West Bengal, including one in Kolkata in connection with alleged Maoist funding links. The raids were conducted in Kolkata's Netaji Nagar, North 24 Parganas district's Panihati, Barrackpore, Sodepur, Asansol and several other locations. The NIA along with the West Bengal Special Task Force (STF) conducted the raids. Two women, who worked with an NGO in the past, were quizzed in connection with the case by the NIA. Several documents were seized during the raids, people in the know said.

Babar Azam on late Tuesday announced the decision to resign from the captaincy post of Pakistan men's cricket team, saying he wanted to focus on his playing role in future matches. «I am sharing some news with you today. I have decided to resign as captain of the Pakistan men's cricket team, effective as of my notification to the PCB and Team Management last month. It's been an honour to lead this team, but it's time for me to step down and focus on my playing role,» said Azam in a post on X. The skipper said, «Captaincy has been a rewarding experience.» «But it's added a significant workload. I want to prioritize my performance, enjoy my batting, and spend quality time with my family, which brings me joy. By stepping down, I will gain clarity moving forward and focus more energy on my game and personal growth. I'm grateful for your unwavering support and belief in me. Your enthusiasm has meant the world to me. I'm proud of what we've achieved together and excited to continue contributing to the team as a player. Thank you for your love and support,» said Azam.

The suggestions came in response to a proposal from the Department of Telecommunications (DoT) regarding setting up telecom manufacturing zones in the country. «The sheds should be constructed keeping in mind the requirements of manufacturers, so that they can just bring their machinery and start manufacturing,» said an industry executive, who did not wish to be identified.

Haryana, the BJP is reaching out to different castes among other backward classes (OBCs) in an attempt to enlist their support, in addition to its traditional base among Brahmins, Baniyas and Punjabis. It comes as the ruling party grapples with the electoral repercussions of protests by farmers and sportspersons, opposition to the Agnipath scheme and consolidation of the Jats, the largest caste grouping in Haryana. Union minister Dharmendra Pradhan, who has managed several assembly polls for the BJP, including in the most populous state of Uttar Pradesh, has been addressing closed-door meetings with caste leaders in assembly segments where the specific caste is in sizeable numbers, said people familiar with the matter.