Software Financial News
12.12 / 14:49
security
Strategy
Software
community
War
RAI
information
Manipur: Bringing a solution to ethnic strife would take time; situation chronic and fragile, says CM N. Biren Singh
N. Biren Singh on Thursday said that bringing a solution to the ongoing ethnic strife in the state would take time as the situation has become chronic and fragile. Speaking at a function organised to commemorate the iconic Nupee Lal Numit (women’s war day), the Chief Minister terming the ongoing ethnic hostilities as “unprecedented” said that the state and Central governments had been putting all efforts to bring a permanent solution to the crisis. “However, bringing a solution would take time as the situation had become chronic and fragile,” he observed.
12.12 / 14:49
security
Software
President
Justice
Department
Investigations
FBI pick Kash Patel claims first casualty from his hit list
Donald Trump's pick to head the Federal Bureau of Investigation (FBI), has claimed the first casualty from his hit list of 60 people who he thinks are the main actors of the deep state. FBI Director Christopher Wray will resign at the end of the Biden administration, the agency said on Wednesday. Wray was appointed by Trump in 2017 during his first term after Trump fired then director James Comey. After Trump's re-election, he announced several appointments among whom was Kash Patel as the next FBI Director. Since Wray had a 10-year term ending in 2027, Trump's announcement of Patel as FBI head left Wray with two options: leave on his own or be fired when Trump takes charge. Trump and his allies turned on Wray and the FBI after agents conducted a court-approved search of Trump’s Florida resort in 2022 to recover classified documents that he had retained after leaving office. Trump had called it weaponization of the agency which he said was part of a deep state conspiracy aimed at undermining his presidency.
12.12 / 14:19
markets
Citi
Digital
Strategy
Software
Sustainability
Experts
ADB extends USD 788.8-mn loan to develop Amaravati as green, smart capital city
The Amaravati Inclusive and Sustainable Capital City Development Program is designed to transform Amaravati into a growth hub for the region, enhancing economic prospects, providing job opportunities, and improving living conditions of the residents, it said. Public investments will focus on key infrastructure development, including trunk infrastructure, government complex, and neighbourhood infrastructure benefiting farmers who are the stakeholders under the land pooling schemes, it said.
12.12 / 14:19
markets
Digital
Software
Election
Bill
rights
One Nation One Election: Siddaramaiah slams Cabinet decision, says Karnataka assembly will adopt resolution
Siddaramaiah on Thursday slammed the Union Cabinet's decision on introducing the One Nation, One Election (ONOE) Bill and described the move as an assault on parliamentary democracy and the federal structure of India. The decision was a sinister conspiracy to curb the rights of states, he said in a statement. «At a time when the current electoral system is in dire need of reforms, such a bill will only weaken the foundations of democracy further. Before approving such a critical bill, the Modi government should have consulted opposition parties and state governments. However, true to its authoritarian tendencies, the BJP-led central government is trying to impose this undemocratic proposal on the country.» The Kerala government, Siddaramaiah said, has already passed a resolution opposing the ONOE proposal and has communicated its dissent to the Centre. «If needed, our government will also consult the Congress High Command and adopt a similar resolution to send a strong message against this anti-democratic move.»
12.12 / 14:19
markets
UPS
Platform
Software
Food
reports
Blinkit enters 10-minute food delivery space with Bistro app
quick commerce platform Blinkit has launched a standalone app Bistro, marking its foray into the 10-minute food delivery space. The service has been rolled out in a few localities of Gurugram. According to the description on Google's app store, the new platform will offer snacks, meals, desserts and beverages, which will be delivered in 10 minutes. The development comes at a time when food delivery and quick commerce platforms are extending the ultra-fast delivery model to food. In 2022, Zomato, through its primary offering, had experimented with 10-minute delivery of food in Gurugram but later discontinued the pilot programme. It later launched Zomato Everyday which offers meals prepared by home cooks from centralised kitchens in relatively shorter timeframes.
12.12 / 14:19
markets
Digital
Strategy
Software
President
Experts
Interviews
Donald Trump swearing-in ceremony date: China President Xi Jinping 'invited', Vladimir Putin is 'yet to receive invitation'
Donald Trump is all set to take charge as the 47th President of the United States. The swearing-in ceremony will be held on January 20. High-profiled guests are expected to attend the event. The Kremlin said on Thursday that Russian President Vladimir Putin had not received an invitation to attend the January 20 inauguration of the U.S. President-elect Donald Trump. CBS, citing multiple unidentified sources, said that Trump had invited Chinese President Xi Jinping to attend. Meanwhile, President-elect Trump, who has both derided Time magazine and pined for its approval, was named the publication's person of the year on Thursday.
12.12 / 14:19
markets
IPO
security
Strategy
Software
stage
reports
Jewellery retailer Bluestone files DRHP for IPO
draft red herring prospectus (DRHP) with the capital markets regulator Securities and Exchange Board of India (Sebi) for its initial public offering (IPO), through which it is looking to raise Rs 1,000 crore in fresh capital. The IPO also includes an offer-for-sale (OFS) component through which investors such as Accel, Saama Capital, Kalaari Capital, and Hero Group’s Sunil Kant Munjal are looking to divest a total of 24 million shares. ET was the first to report on December 6 about Bluestone’s board approving the company’s plan to go public and raise Rs 1,000 crore through the process.
12.12 / 14:19
markets
Digital
Software
love
information
reports
Relationships
Did Kimberly Guilfoyle look the other way in relationship with Donald Trump Jr because she loves power and lifestyle? Here's what a source is saying
Kimberly Guilfoyle looked the other way while Don Trump Jr. started dating Bettina Anderson about 6 months ago. Don Jr. started introducing Anderson as his girlfriend months ago and is smitten with her. Regarding Donald Trump Jr.'s alleged affair with Palm Beach socialite Bettina Anderson, new information has surfaced. Don Jr. has been dating Bettina for about six months, but he has not yet disclosed the status of his engagement to Kimberly Guilfoyle, his long-time fiancée. President-elect Donald Trump's 46-year-old son, Donald Jr., allegedly even took her on a trip to Alaska and introduced her around as his girlfriend when he was still very much of a boy, as quoted in a report by People.
12.12 / 14:19
markets
Google
Platform
Software
Reddit
social
reports
How Reddit, one of US' most-visited platforms, became a darling for AI companies
AI companies, once Reddit's biggest frustrations, now are a key source of growth for the social-media platform. These companies have an insatiable appetite for online data to train their models and display content in easy-to-digest format, reports The Wall Street Journal. ALSO READ:Inside Boeing's struggle to make its best-selling plane again
12.12 / 13:35
markets
Google
security
Software
Experts
chess
Chess Championship: Gukesh beats China's Ding Liren to become the youngest world chess champion at 18
Gukesh Dommaraju made history on Thursday by becoming the youngest chess world champion, defeating defending champion Ding Liren of China in a dramatic final game of a 14-game match held in Singapore. At just 18 years old, Gukesh is now the 18th world chess champion, surpassing Garry Kasparov, who held the record as the youngest champion since 1985 when he defeated Anatoly Karpov at the age of 22. In the decisive game, Gukesh, playing with the black pieces, capitalized on a blunder by Ding, who faltered under pressure in what was considered a favorable position. The win gave Gukesh a 7.5-6.5 victory in the match, sealing his historic triumph.
12.12 / 13:35
markets
COST
UPS
Target
FIVE
Software
Experts
Bajaj Finance's five year plan has a deep AI focus
Bajaj Finance, India's largest non-bank consumer financier has unveiled a new business plan for the next five years which envisages integration of artificial intelligence (AI) across all its processes to improve customer engagement, grow revenue, enhance productivity, strengthen controls and reduce operating and credit costs. In chat with ET, managing director Rajeev Jain said the transition to an all-encompassing AI based system will improve customer conversion rates at a much lower cost while ensuring the loan growth remains at current rate or moves to a faster trajectory. “We have already deployed AI in some use cases this year and plan total adopting by December 2026. At the current run rate we are saving Rs 140 crore to Rs 150 crore per year compared to last year. But the possibilities are infinite in terms of significant improvement in conversion rates. Costs will also be lower with growth at a similar or faster rates,” Jain said.
12.12 / 13:35
markets
Provident
Aviat
security
Software
cover
International
Centre sanctions over 2,800 CISF troops for new airports in Navi Mumbai, Noida
Noida International Airport (NIA) in Uttar Pradesh. The total CISF manpower sanctioned for providing a counter-terrorist cover to the two upcoming airports is 2,870. The sanction of the Central Industrial Security Force (CISF) manpower is for the first phase of operationalisation of the two airports. The force's strength will be enhanced once these airports finish phase II, sources said.
12.12 / 13:35
markets
COST
Reuters
security
Software
Experts
reports
Gold price today: Gold rates go down on Thursday. Check how much will it cost?
Gold prices edged down on Thursday, but held near a five-week peak, as risk appetite increased ahead of a European Central Bank monetary policy decision and investors awaited U.S. PPI data for signals on the Federal Reserve's interest rate outlook, Reuters reported. Spot gold fell 0.3 per cent to $2,709.89 per ounce as of 1210 (GMT). US gold futures fell 0.5 per cent to $2,742.50. Earlier in the session, bullion hit its highest since November 6, supported by bets that the Fed will cut interest rates again next week after Wednesday's consumer prices data, as per a report on Reuters. The report showed a 0.3 per cent rise, the largest gain since April after advancing 0.2 per cent for four straight months.
12.12 / 13:21
markets
UPS
security
Strategy
Software
Election
recommendations
One nation, one election: Top 10 recommendations made by Ram Nath Kovind panel
simultaneous elections, which were accepted by the Cabinet in September. The top 10 recommendations on simultaneous polls made by the high-level panel on «one nation, one election» are: 1. The government must develop a legally-tenable mechanism in order to restore the cycle of simultaneous elections.
12.12 / 13:21
markets
Strategy
Software
Election
Bill
President
Experts
One nation, one election: Cong reiterates its opposition to idea, calls it bid to divert
«The Union Cabinet has cleared the Bill on One Nation One Election. The views of the Indian National Congress on this subject had been forcefully articulated by its President Mallikarjun Kharge ji on January 17, 2024. Nothing has happened since then to modify them,» said Congress general secretary in-charge communications Jairam Ramesh. Kharge, in a letter to the secretary of the high-level committee on 'one nation, one election' on January 17, 2024, had said, «The Indian National Congress is strongly opposed to the very idea of 'One Nation, One Election'.»
12.12 / 13:21
markets
FIVE
Citizens
Strategy
Software
Experts
reports
Will Trump’s plan to end birthright citizenship mean 4 of his children wouldn't be considered U.S citizens? Here's the truth
Trump's children's US citizenship would most likely not be impacted by his birthright proposal. As part of his strict measures to reduce illegal immigration, President-elect Donald Trump has suggested abolishing birthright citizenship. Nevertheless, it is untrue to say that his children with immigrants Ivana and Melania Trump would not be granted citizenship under this proposed amendment; all of them were born in the US, and even if they hadn't, their father would have granted them citizenship, as quoted in a report by AFP. On December 8, 2024, an X post with tens of thousands of interactions states, Trump’s plan to end birthright citizenship would mean 4 of his children wouldn’t be considered US citizens.
12.12 / 13:21
12.12 / 13:21
markets
security
Strategy
Software
Food
Schools
Videos
WayCool cofounder Sanjay Dasari exits after decade-long stint
Sanjay Dasari, cofounder of agritech startup WayCool, which focuses on agriculture supply chain and branded farm and food products, has stepped down after nearly a decade with the company. He will, however, continue in an advisory role. “After 9.5 incredible years building WayCool, it’s time for me to take the final step in the founder’s journey—an exit,” he said in a LinkedIn post on Wednesday. “I’ll still be involved with WayCool in an advisory role, supporting strategic projects and fundraising efforts, but I'm stepping back from the day-to-day (sic) of the company I founded and the only job I've ever known,” he added.
12.12 / 13:01
Software
Puzzle
Yellow
Experts
blues
Features
Videos
NYT connections hints, answers December 12 - Clues to solve New York Times connections puzzle
NYT connections hints for December 12 are out now and we have New York Times Connections answers ready for readers. NYT Connections 550 hints and answers for Thursday can be checked here. One can play NYT connections on New York Times App and website. New York Times Connections feature four groups — Yellow, Green, Blue, Purple. Yellow Group — Sounded words begin with 'T'.
12.12 / 13:01
MET
Digital
Citizens
Software
awards
Experts
Bengaluru: BBMP to issue bulk new e-khatas to developers for new properties for ease of flat registration
Bruhat Bengaluru Mahanagara Palike (BBMP) will release a new module for issuance of new khatas to developers of apartments and commercial buildings projects in about a week's time for new properties which do not have BBMP Khatas. «Earlier, the builders/developers used to sell individual units, and the buyers would later apply for khatas. Now we will issue e-khatas for all units in one go to developers,» BBMP Special Commissioner (Revenue) Munish Moudgil told ET. The BBMP would issue as many e-khatas to the developer as he wants as per approved plan, who would in turn pass them on to individual buyers through a registered sale deed. This applies to all sorts of new property developments such as housing, commercial and mixed-use involving multiple units, the BBMP special commissioner said.
12.12 / 13:01
Platform
Software
WhatsApp
Instagram
Inside
social
Videos
Zuckerberg becomes the talk of 'X'-town as Meta faces global outage: Inside the netizens' meme-fest
Mark Zuckerberg has become the talk of the X (formerly twitter) town after the social media networks associated with his company--Facebook, Instagram and WhatsApp suffered a global outage late Wednesday. Shortly after users from the three platforms started experiencing trouble and were unable to access content, they turned to Elon Musk-owned X to share their complaints, which soon turned into a meme-fest. From comparing Mark Zuckerberg with Elon Musk to criticising the Meta founder, users took hilarious videos and conveyed their message through satirical content.
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