Software Financial News

14.12 / 06:57
markets Digital Strategy Software Election electronic Construct EVM temple: Sanjay Raut takes dig at Mahayuti
Shiv Sena (Uddhav Balasaheb Thackeray) leader Sanjay Raut on Saturday took a dig at Bharatiya Janata Party (BJP)-led Mahayuti alliance in Maharashtra, saying that they should take out a procession of Electronic Voting Machines (EVMs) and take the decision to construct an EVM temple. He said that during the first cabinet meeting, they should announce the construction of an EVM temple in front of the Rashtriya Swayamsevak Sangh (RSS) headquarters in Nagpur. First of all, the procession of the Chief Minister will be taken out there (in Nagpur). I think that before taking out the procession of the CM, they should take out a procession of EVMs and in the first cabinet they should make a decision to construct a temple of EVMs in front of RSS Headquarters," Raut said in a press conference here.
14.12 / 06:57
markets Digital Man Software Justice reports Courts Bombay HC clears 51-year-old man; states, 'medical evidence is not enough in sexual assault cases'
Nagpur Bench of the Bombay High Court recently overturned a 20-year rigorous imprisonment sentence handed down to a man convicted of sexually assaulting a 10-year-old girl. The court ruled that the conviction was based primarily on medical evidence, which the judges deemed insufficient without additional corroborative testimony. In its decision, the court emphasised that while medical findings can support a case, they cannot be the primary evidence in establishing guilt. The case dates back to January 2022, when the victim, a 10-year-old girl, visited her uncle’s house in Nagpur. The accused, a 51-year-old landlord, allegedly lured the child to a secluded area and sexually assaulted her. Following the incident, a medical examination confirmed physical injuries consistent with sexual assault. The victim's mother promptly filed a complaint, leading to the arrest of the accused. In June 2023, the special Pocso court convicted the man under Section 376-AB of the Indian Penal Code (IPC) and the relevant sections of the Protection of Children from Sexual Offences (Pocso) Act, relying heavily on the medical findings and the victim's statement recorded under Section 164 of the Code of Criminal Procedure. The court sentenced the accused to 20 years in prison.
14.12 / 06:57
markets Digital Software country electronic reports Pharmaceuticals India's exports to US touch $77.5 billion in FY24, growing at 10.3 % CAGR over 30 years: Report
Bank of Baroda. Notably, the growth in exports to the US was higher than aggregate exports until FY00. However, the global financial crisis in 2008 slowed down growth until FY10. Since then, the growth in exports to the US has consistently outpaced the overall export growth, underscoring the growing importance of the American market for Indian exports.
14.12 / 06:37
markets Strategy Software Election awards Bill country Frequent poll code imposition disrupts development, normal public life: Simultaneous polls bill
simultaneous elections for various reasons as polls have become expensive and time-consuming, according to the proposed bill being brought to implement the ambitious 'one nation, one election' plan. According to the constitution amendment bill listed for introduction in the Lok Sabha on Monday, the imposition of a Model Code of Conduct in several parts of the country which are poll-bound puts on hold the entire development programmes and causes disruption of normal public life. Frequent poll code imposition also impacts the functioning of services and curtails the involvement of manpower from their core activities for deployment for prolonged periods for election duties, the 'Constitution (129th) Amendment Bill, 2024' underlined. The bill proposes to insert a new article 82A — simultaneous elections to the House of the People (Lok Sabha) and all legislative assemblies and to amend Article 83 (Duration of Houses of Parliament), Article 172 (Duration of State Legislatures) and Article 327 (power of Parliament to make provision with respect to elections to Legislatures).
14.12 / 06:37
markets Digital Software Death Research PAM social Who was Suchir Balaji? The former OpenAI researcher who called out AI's legal grey areas
Suchir Balaji, a 26-year-old former researcher at OpenAI, was found dead in his San Francisco apartment on November 26, 2024, a day after Thanksgiving. The San Francisco Police Department confirmed that the cause of death was suicide, with no foul play suspected. Balaji’s tragic death has left the tech community in shock, especially given his high-profile departure from OpenAI earlier in the year due to his ethical concerns about the company’s AI practices.
14.12 / 06:37
markets Target Digital Strategy Software Food India's rice stocks surge to record high, boosting export prospects
Rice inventories in India surged to a record high at the start of December, reaching more than five times the government's target and potentially boosting overseas shipments from the world's biggest exporter of the staple food. Rice reserves, including unmilled paddy, in state granaries totalled 44.1 million metric tons on Dec. 1 against a government target of 7.6 million tons, data compiled by the Food Corporation of India showed. Wheat stocks on Dec. 1 stood at 22.3 million tons against a targeted 13.8 million tons.
14.12 / 06:37
markets Digital Software Food Experts PAM reports India's per capita availability of fruits and vegetables increases by 7 kg and 12 kg over last decade: Report
State Bank of India (SBI) report. However, it highlights several challenges in the agricultural supply chain that continue to impact food consumption across the country. Notably, states like Madhya Pradesh, Uttar Pradesh, Punjab, and Jammu & Kashmir have seen growth in both fruit and vegetable production. However, many northeastern states have reported a decline in per capita production.
14.12 / 05:39
markets Digital Software students Experts information Schools Delhi Police traces accused behind bomb threat email to Paschim Vihar School
Delhi Police Special Cell has identified a private school student responsible for sending a bomb threat email to a school in Paschim Vihar, police said. According to police, the student had sent the threat email to his own school, and after tracing the IP address, the police team traced his home. Upon questioning, the child admitted to the act and was later counselled. He was let off with a warning to his parents to keep a watch on his behaviour. According to the Special Cell, this individual is not connected to the group bomb threat emails sent to many schools in Delhi on Friday.
14.12 / 05:39
markets Provident Digital Software Experts information Updates Aadhaar free update: Last date to update Aadhaar details for free extended again. Check new date
UIDAI has extended the last day to update Aadhaar details for free to June 14, 2025, from December 14, 2024. After June 14, 2025, offline updates at Aadhaar centres will incur a fee. Note that this free service is available only on myAadhaar portal. <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mod
14.12 / 05:39
markets Digital Google Software Research Inside Relationships How Claude became tech insiders' chatbot of choice
His name is Claude. He's an AI chatbot. And he may be San Francisco's most eligible bachelor. Claude, a creation of artificial intelligence company Anthropic, is not the best-known AI chatbot on the market. (That would be OpenAI's ChatGPT, which has more than 300 million weekly users and a spot in the bookmark bar of every high school student in America.) Claude also is not designed to draw users into relationships with lifelike AI companions, the way apps like Character. AI and Replika are.
14.12 / 05:39
markets Digital Software Food Experts show reports India's CPI inflation to ease to 4.7-4.8 pc in FY25, driven by lower food prices: Report
Bank of Baroda (BoB) report. The arrival of fresh harvests of tomatoes, onions, and potatoes has been reflected in higher mandi arrivals, easing supply pressures. December data indicates further corrections in vegetable prices, while favorable soil moisture and reservoir levels are expected to support a robust Rabi harvest. Additionally, benign global food and energy prices are expected to keep food inflation risks low in the near term.
14.12 / 05:39
markets Manufacturing security Software Research information International U.S. tech firms battle to keep selling to China
China. The Biden administration was considering cutting off the sales of equipment used to manufacture semiconductors to three Chinese companies that the government had linked to Huawei, a technology giant that is sanctioned by the United States and is central to China's efforts to develop advanced chips. Applied Materials, KLA Corp. and Lam Research, which make semiconductor equipment, argued that the three Chinese companies were a major source of revenue. The U.S. firms said that they had already earned $6 billion by selling equipment to those Chinese companies and that they planned to sell billions more, two government officials said.
14.12 / 05:39
markets Digital Software awards Experts Courts Investigations ED restitutes assets worth Rs 4025 cr to JSW
JSW, which was a Successful Resolution Applicant to the assets of erstwhile Bhushan Power and Steel Ltd under the Insolvency and Bankruptcy Code (IBC) corporate resolution process (CIRP), the agency said on Saturday. The assets were initially provisionally attached by the ED under Section 5 of the Prevention of Money Laundering Act (PMLA). The attachment was made after investigations revealed that the former promoters of Bhushan Power and Steel Ltd had defrauded banks and diverted funds for private investments. The restitution was made under the second proviso to Section 8(8) of PMLA (restitution pending trial) read with Rule 3A of PMLA Restoration of Property Rules, with the approval of the Supreme Court on December 11 this year.
14.12 / 05:39
markets Provident Digital Software Sustainability Schools Investigations J-K: Doda Police file chargesheets against 7 accused in UAPA cases
Jammu and Kashmir Police have filed chargesheets against seven accused persons in Doda district in two separate cases under the Unlawful Activities (Prevention) Act (UAPA). The chargesheets were presented on Friday before the NIA Court in Doda for judicial determination, said the police. Giving details SSP Doda, Sandeep Mehta said that all these accused persons have covertly or overtly supported the militant groups in the Doda district by providing them food and other logistics.
14.12 / 04:25
markets Twitter Digital SEC Software Experts Investigations Elon Musk has until Monday to respond to SEC Twitter settlement, source says
Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source familiar with the matter told Reuters. The development, which signals the investigation may be nearing a conclusion, is the latest salvo in a year-long public feud between the top U.S. markets regulator and the world's richest man. Musk on Thursday posted on X a copy of a letter sent by his lawyer to SEC Chair Gary Gensler saying the agency had given Musk 48 hours to agree to pay a penalty to settle the probe or face civil charges, and demanding to know whether Gensler was personally behind the development.
14.12 / 04:25
markets Digital Software information Schools Courts Investigations Several Delhi schools receive fresh bomb threats, day after similar alerts
Delhi Police said. «Today again Delhi Schools including DPS RK Puram, Ryan International School, Vasant Kunj received a bomb threat email,» Delhi Police said. According to the police a group mail was received by the schools at 6:12 am today.
14.12 / 04:25
markets Citi Digital Software RAI reports Sporting Manchester United head coach Ruben Amorim says he had "no doubts" about joining team ahead of derby clash
Manchester United head coach Ruben Amorim affirmed that he had no doubts about taking over at Old Trafford ahead of the upcoming Manchester derby in the Premier League, reported Sky Sports. Before signing a contract with Manchester United, Amorim was rumoured to be linked with the Red Devils' bitter rival Manchester City. Amorim was considered to be a potential candidate to replace current head coach Pep Guardiola. Since then, Guardiola committed his future to Manchester City, and recently, Amorim underlined that he was only focused on becoming United's new head coach.
14.12 / 04:25
markets Digital Software Experts War peace Syrians celebrate Assad's fall as US seeks a peaceful political transition
Assad was overthrown, a major symbolic moment for the country's dramatic change of power. The rebels are now working to establish security and start a political transition after seizing the capital on Sunday. U.S. Secretary of State Antony Blinken made an unannounced visit to Iraq on Friday, pressing ahead with efforts to unify Middle East nations in support of a peaceful political transition in Syria. It's part of Blinken's 12th trip to the Mideast since the Israel-Hamas war erupted last year in Gaza but his first after Assad was ousted. The U.S. is also making a renewed push for an ceasefire in Gaza, where the war has plunged more than 2 million Palestinians into a severe humanitarian crisis.
14.12 / 04:25
markets Digital Software Death Actor Experts Courts "Thanks to all who supported me": Allu Arjun expresses gratitude after bail in Sandhya theatre case
Chanchalguda Central Jail on Saturday, after being granted interim bail by the Telangana High Court on December 13. This came after the actor was arrested in connection with a tragic incident that occurred during the premiere of his movie 'Pushpa 2: The Rule' at the Sandhya Theatre on December 4. The actor was granted bail after furnishing a personal bond of Rs 50,000.
14.12 / 04:25
markets COST Digital Software rights PKC-ERCP project: Ashok Gehlot demands MoU to be made public
Congress leader and former Chief Minister Ashok Gehlot on Saturday demanded that the Memorandum of Understanding (MoU) signed between Rajasthan and Madhya Pradesh governments regarding the PKC-ERCP link project be made public. He said that the newly signed agreement was being kept a secret and people had the right to know whether this project would be beneficial. This comes as Prime Minister Narendra Modi is set to lay the foundation stone for the Modified Parbati-Kalisindh-Chambal-Eastern Rajasthan Canal Project (PKC-ERCP) on December 17. «The opposition has demanded that the MoU signed between Rajasthan and Madhya Pradesh government under PKC-ERCP (Modified Parbati-Kalisindh-Chambal-Eastern Rajasthan Canal Project) should be made public. People have the right to know whether this project will be beneficial for Rajasthan. The newly signed agreement is being kept a secret. It is being said that the new scheme doesn't have provision for irrigation which was there in the earlier ERCP scheme,» Gehlot told ANI.

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