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20.01 / 02:53
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State-backed Russian hackers breach Microsoft's email system, says tech giant
Microsoft reported that state-backed Russian hackers successfully infiltrated the company's corporate email system, AP reported. The breach affected accounts of key members of the leadership team, and employees in the cybersecurity and legal departments, it added. The intrusion commenced in late November 2022, with Microsoft detecting it on January 12.
20.01 / 02:53
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Day trading guide for stock market today: Six stocks to buy or sell on Saturday — 20th January
Buy or sell stocks for today: Despite being Saturday today, dealing on Dalal Street will take place from 9 AM to 3:30 PM. The decision has come ahead of the Ram Temple ‘Pran Pratishtha’ ceremony in Ayodhya on Monday, January 22. So, the stock market in India will remain closed on the following Sunday (21st January 2024) and Monday (22nd January 2024).
20.01 / 02:53
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Nifty 50, Sensex today: What to expect from Indian stock market in trade on January 20
normal trading session today, while the markets will remain shut on Monday, January 22. On Friday, the benchmark indices witnessed a minor upside bounce after showing sharp weakness in the last couple of sessions. The Sensex jumped 496.37 points, or 0.70%, to end at 71,683.23, while the Nifty 50 settled 160.15 points, or 0.75%, higher at 21,622.40.
20.01 / 02:33
UPS
Digital
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Schools
elon
Elon Musk's AI company secures $500 million toward $1 billion funding goal: report
Elon Musk's artificial intelligence (AI) company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, Bloomberg News reported on Friday. The artificial intelligence (AI) startup xAI is discussing a valuation of $15 billion to $20 billion, though terms could still change in the coming weeks, the report added, citing people familiar with the matter.
20.01 / 02:33
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Sustainability
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Banks may alert RBI as rising funding costs sting amid sustained liquidity drainage
Banks are likely to make representations to the Reserve Bank of India (RBI) on sustained liquidity drainage that has pushed up funding costs for lenders despite unchanged policy rates for nearly a year. Liquidity has steadily declined with the central bank repeatedly stressing the primacy of maintaining price stability as Indian voters get ready to elect their next government this summer. «Banks and other participants in bond and interest rate markets will send a representation on the issues on Liquidity Coverage Ratio (LCR) buffers and high cost of funds to the RBI,» a source told ET. «This will be done next week, ahead of the policy statement on February 8,» the source said. LCR refers to a post-global financial crisis norm that requires banks to maintain high quality liquid assets (HQLA) to meet 30 days of net fund outflows under conditions of stress.
20.01 / 02:33
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Hezbollah warns Israel against continued 'aggression'
Hezbollah on Friday warned Israel would «receive a real slap in the face» if it expanded the conflict along the Lebanon-Israel border. Since the surprise October 7 attack by Hamas on southern Israel, there have been near daily exchanges of cross-border fire between the Israeli army and Hezbollah, an ally of the Palestinian militants. Israel has repeatedly bombarded border villages, with the violence killing more than 195 people in Lebanon, including at least 142 Hezbollah fighters, according to an AFP tally. On the Israeli side, 15 people have been killed, of whom nine were soldiers and six civilians, according to the Israeli army. «If Israel decides to expand its aggression, it will receive a real slap in the face in response,» Hezbollah's number two, Naim Qassem, said in a statement. Any restoration of stability on the border is contingent on «the end of the aggression in Gaza», he added. «The enemy must know the party is ready, that we are preparing based on the principle that an endless aggression can happen, just like our will to push back the aggression is infinite.» His remarks came after Israeli air strikes «completely destroyed» at least three houses in southern Lebanon on Friday, the official Lebanese news agency NNA and the mayor of the affected border community said. The agency reported four houses were targeted «since this morning by the Israeli air force in Kfar Kila», a village near the Israel-Lebanon border, while three were «completely destroyed». A fifth home was also targeted by artillery fire, NNA said. The Israeli army said on Friday it had «conducted air strikes and carried out artillery and tank fire against Hezbollah observation posts and terrorist infrastructure» in the Kfar Kila
19.01 / 21:39
19.01 / 21:25
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Adani Group frees pledged shares worth ₹2,878 crore in Q3
MUMBAI : Infrastructure conglomerate Adani Group has released pledged shares worth ₹2,878 crore ($346.2 million) related to four of its companies during the December quarter, BSE data analyzed by Mint showed. The group released a total 28.67 million pledged promoter shares across Adani Enterprises Ltd, Adani Green Energy Ltd, Adani Ports and Special Economic Zone Ltd, and Adani Energy Solutions Ltd. Notably, the group has reduced its pledge positions related to ACC Ltd and Ambuja Cements Ltd to zero, from 11.72% and 100%, respectively.
19.01 / 20:37
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The ongoing mystery of an unclaimed $64 million lottery ticket: The clock is ticking
As the one-year expiry date looms closer, the largest lottery win in Atlantic Canadian history is still yet to be paired with its rightful owner.
19.01 / 17:57
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Israel Intensifies Raids Against Palestinians in West Bank
RAMALLAH, West Bank—The Israeli-occupied West Bank has become an increasingly deadly front in a Middle East conflict that has spread beyond the war in Gaza, with near-daily Israeli raids into Palestinian villages and cities which Israel says are aimed at uprooting growing militant activity and preventing new attacks. Early on Friday, Israeli security forces ended a two-day raid in Tulkarem, a West Bank city straddling the wall separating Palestinian communities and Israel that hasn’t been known as a hotbed of militancy in recent years, leaving at least eight Palestinians dead. The raids, which lasted for more than 35 hours, occurred in the city and its two refugee camps, Tulkarem and Nour Shams, where residents said Israeli forces destroyed homes and damaged infrastructure, including roads.
19.01 / 17:53
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View: ICAI must play a positive role by rolling out a standard PMLA solution
reporting entities (REs) under Prevention of Money Laundering Act (PMLA) 2002 to include practising chartered accountants, cost accountants and company secretaries. This is a welcome step, as many were found involved in money laundering activities, sometimes unknowingly. Auditors and legal professionals had been left out of the scope of this notification. The scope of activities for such reporting leaves out traditional practices like:
19.01 / 17:51
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Blockchain
ETH
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Trader Uses Banana Gun Sniping Bot To Make $7M Off SatoshiVM Token Launch
A crypto trader has managed to secure a profit of $6.77 million in just three hours after the launch of the SatoshiVM token. According to an X post published by blockchain trading firm Lookonchain, the trader used the “Banana Gun” sniping tool to purchase SatoshiVM before it launched. The trader then sold the token as the price increased, taking home nearly $7 million in profits.
19.01 / 17:51
19.01 / 17:51
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Bitcoin
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Hong Kong Financial Services Firm Unveils Plans to Launch Region’s Premier Spot Bitcoin ETF
Hong Kong-based Venture Smart Financial Holdings Limited (VSFG) is gearing up to seek approval from the Securities and Futures Commission (SFC) for the introduction of a Bitcoin spot exchange-traded fund (ETF).
19.01 / 17:45
19.01 / 15:25
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Amazon Republic Day Sale: Grab wireless security cameras with up to 64% off
Amazon Republic Day Sale. 1. MI Xiaomi Wireless Home Security Camera 2i | Full HD Picture | 360 View | 2MP CCTV | AI Powered Motion Detection | Enhanced Night Vision| Talk Back Feature (2 Way Calling), 1080p, White Take your home security to the next level with the MI Xiaomi Wireless Home Security Camera 2i.
19.01 / 15:25
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Euphoria Infotech India IPO: GMP rises, subscription status, issue details, everything you need to know
BSE SME with tentative listing date fixed as Monday, January 29, 2024. Euphoria Infotech India IPO was subscribed 24.62 times. The public issue subscribed 61.05 times in the retail category, 0.22 times in QIB, and 21.01 times in the NII category.
19.01 / 15:21
Blockchain
Provident
Platform
security
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innovations
Features
ChainGPT facilitates the launch of the GT Protocol, bringing AI-powered auto-trading to crypto
The GT Protocol launch is catalyzed by a strategic partnership with ChainGPT Pad, a launchpad and incubator providing mentorship, community access, and token launch infrastructure to promising Web3 startups
19.01 / 14:22
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JetBlue
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Spirit Airlines shares jump premarket after preliminary revenue beats estimates
Investing.com -- Shares in Spirit Airlines (NYSE:SAVE) soared in premarket U.S. trading on Friday after the U.S. budget carrier reported preliminary quarterly operating revenue that was above average analyst projections.
19.01 / 14:21
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No trading in government bonds, foreign exchange and money markets on January 22: RBI
Reserve Bank of India has said there will be no trading in government securities, foreign exchange markets, money markets and rupee interest rate derivatives on January 22, as the government of Maharashtra has declared the day as a public holiday. The state government has declared January 22 as a public holiday under Section 25 of the Negotiable Instruments Act, 1881. “Settlement of all outstanding transactions will accordingly get postponed to the next working day i.e., January 23, 2024 (Tuesday),” the RBI said. The 3-day variable rate repo (VRR) auction conducted by the RBI on Friday, which is scheduled to reverse on January 22, will now be reversed on January 23.
19.01 / 13:09
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International
India and US plan development projects in the Philippines
Mint had earlier reported that this cooperation will now extend to the Pacific Islands as well. The Philippines, a key political and security ally of the US, has recently increased its defence procurement from India, including the BrahMos missile, amid strained relations with China over maritime disputes. Manila has accused China of using aggressive tactics and condemned the actions.
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