Strategy Financial News
10.01 / 12:29
markets
Strategy
Software
Tesla
PAM
reports
Updates
Tesla recalls about 239,000 vehicles over rear-view camera issue
Tesla said on Friday it was recalling about 239,000 vehicles over an issue that could cause the rear-view camera to not display an image, but it could be resolved by an over-the-air software update. The development comes days after the National Highway Traffic Safety Administration opened a probe into 2.6 million Tesla vehicles in the U.S. over reports of crashes involving a feature that allows users to move their cars remotely. In a small number of affected vehicles, a reverse current may occur during power-up, potentially causing a short circuit on the car's computer board, which could result in the rear-view camera becoming inoperative, the automaker said.
10.01 / 12:29
markets
Strategy
economy
President
War
Americans have dimmer view of Biden than they did of Trump or Obama as term ends, AP-NORC poll finds
Joe Biden prepares to leave office, Americans have a dimmer view of his presidency than they did at the end of Donald Trump's first term or Barack Obama's second, a new poll finds. Around one-quarter of U.S. adults said Biden was a «good» or «great» president, with less than 1 in 10 saying he was «great,» according to the survey from The Associated Press-NORC Center for Public Affairs Research. It's a stark illustration of how tarnished Biden's legacy has become, with many members of his own party seeing his Democratic presidency as merely mediocre. About one-third described Trump as «good» or «great» on the eve of the Republican's departure from the White House in 2021, according to AP-NORC polling, including about 2 in 10 who said he was «great» — even after he helped sparked a deadly insurrection that saw a mob of his supporters overrun the U.S. Capitol. Americans were similarly likely to describe both Biden and Trump as «poor» or «terrible» — about half said this characterized each president's time in office — but about 3 in 10 said Biden was «average,» while less than 2 in 10 said this about Trump.
10.01 / 12:29
markets
FIVE
Digital
Strategy
Experts
PAM
aquatics
NDRF deploys teams for safety at Gangasagar Mela 2025
search and rescue teams. The Mela is scheduled to be held in West Bengal from January 10 to January 18. The NDRF teams are strategically stationed at five key locations within the Mela area: the Mela Ground, Lot-8, Kachuberia, Namkhana, and Benuban, the NDRF said. «The teams include highly trained male and female rescuers, a specialised canine (K9) squad, and medical and communication teams, all operating under the state government’s requisition,» the NDRF statement said.
10.01 / 12:29
markets
Strategy
PAM
country
social
Imran Khan warns of plan to impose 10-year dictatorship in Pakistan
Pakistan Tehreek-e-Insaf (PTI) has been at loggerheads with the federal government since the general elections in February 2024. Several leaders of the PTI are currently in talks with the government and Khan on Wednesday said his party will participate in the third round of talks to help ease the political tension in the country. «There is a plan to impose a ten-year dictatorship in Pakistan, of which two years have already passed. Judges or police officers who become a party to oppression are rewarded with promotions here,» Khan said in a tweet on X on Thursday.
10.01 / 12:29
10.01 / 12:29
markets
Strategy
social
information
reports
prevention
Features
Rs 500 fake notes news buzzing on social media: Know how to check the official features of an Indian currency note
500 Indian currency notes being in circulation. While it could not be immediately verified how many of such fake Rs 500 currency notes are in circulation. However, this viral social media post highlights why it's a good idea to always check each and every feature of a currency note before using it. This will prevent you from falling victim to the fake currency note scam. The Reserve Bank of India (RBI) has published on its RBI Kehta Hai website detailed information about the features to check for in a real currency note.
10.01 / 12:23
markets
Strategy
awards
wellness
social
innovations
H-1B visa lottery is shutting out top talent. Replace it
immigration policy: the H-1B visa for college-educated foreigners. Proponents say the visa is an essential but insufficient pipeline of global talent for hard-to-fill jobs — jobs that have long been part of the lifeblood of the American economy. Critics say visa holders are stealing jobs from American workers and driving down wages. The profanities both sides have lobbed across social media obscure their agreement that the H-1B program isn’t working as well as it should. Created in 1990, the H-1B is an employer-sponsored visa that authorizes foreigners with “highly specialized knowledge” to work in the US for up to six years. Tech companies and IT consultancies rank among the top recipients. Every year, a government lottery awards 65,000 slots to applicants with an undergraduate degree and another 20,000 to those with advanced degrees (universities and nonprofits are exempt from these caps). The private-sector allocation is typically filled within days. ALSO READ: TCS, Infosys & other Indian-origin tech firms corner 1/5th of H-1B visas issued by US
10.01 / 12:05
markets
Digital
security
Strategy
Experts
Indus
PAM
Vodafone Idea settles Rs 1,910 crore dues to Indus Towers with fresh equity injection
Vodafone Idea (Vi) has cleared Rs 1,910 crore of its old dues to Indus Towers using the cash raised by recently issuing fresh equity on a preferential basis to its UK co-promoter, Vodafone Group Plc. Following the fresh capital infusion, Vodafone Plc’s stake in Vi — its Indian telecom joint venture with the Aditya Birla Group — has risen to 24.39% from 22.56%. The acquiring Vodafone promoter entities in Vi are Omega Telecom Holdings Pvt Ltd and Usha Martin Telematics Ltd. “…Vodafone Promoters have utilised the proceeds amounting to Rs 1,910 crore, post-repayment of outstanding borrowing to their existing lenders, to acquire shares in Vi. Further, the proceeds of such capital raise have been received by the Company (read: Indus) from Vi towards part-repayment of the MSA (master service agreement) dues,” Indus Towers said in an exchange filing Friday.
10.01 / 12:05
markets
Waters
Strategy
Election
testing
Schools
budget 2025
Budget 2025: Will it be BJP’s big budget or AAP’s freebies for Delhi voters this February?
BJP, despite its dominant presence nationally, managed only eight seats. One thing common between then and now is the timing of these elections—right after the Budget, set to be presented by the incumbent BJP. Now, as Delhi heads to the polls once again in February 2025, the stakes couldn’t be higher. The BJP may or may not have been betting big on a transformative budget to sway Delhi voters, promising to revolutionise the city’s infrastructure, transport, and housing. However, dousing the fire of the saffron party, the Election Commission’s recent warning against the use of the Budget for Delhi-specific schemes has set the stage for a contentious political showdown.
10.01 / 12:05
markets
IPO
Digital
Strategy
PAM
reports
Indian unicorns hit $340 billion valuation in 2024 amid surge in IPOs, acquisitions: report
unicorn startups has reached $340 billion, with seven new startups crossing the $1-billion valuation mark in 2024, according to a report by venture capital firm Orios Venture Partners. India now ranks as the third-largest nation, after the US and China, for venture capital-backed tech initial public offerings (IPOs), the India Tech Unicorns & Exits 2024 report said. These IPOs have pushed the total market capitalisation of India’s listed tech firms to around $150 billion. However, the report revealed an increase in the average time for Indian startups to achieve unicorn status, rising from 5.5 years in 2023 to 11 years in 2024. Similarly, the average time to go public went up from 12.5 years to 13.4 years during that period.
10.01 / 12:05
markets
Digital
Strategy
Parke
Experts
PAM
reports
Bihar cabinet nod for land acquisition for expansion of Darbhanga, Raxual airports
These decisions were taken in the cabinet meeting chaired by Chief Minister Nitish Kumar here. Talking to reporters soon after the meeting, Additional Chief Secretary S Siddharth said, «The cabinet approved a proposal for the acquisition of 89.75 acres of land worth Rs 244.60 crore for the development and expansion of the existing Darbhanga airport into an international airport. The state government will pay the amount to the owners of the land… land will be transferred to the Airport Authority of India for the project».
10.01 / 12:05
markets
Digital
Action
Strategy
PAM
fencing
BSF jawans attacked by cattle smugglers at India-Bangladesh border
Bangladeshi cattle smugglers on the India-Bangladesh border in West Bengal's North 24 Parganas district on Thursday night, a statement from the paramilitary force said. In a retaliatory action carried out in self-defence, the jawans successfully foiled the smuggling attempt and recovered 10 bulls, it added. The incident took place at Khutadah border outpost (BOP), where BSF personnel saw smugglers approaching the border fence from the Indian side with cattle. Simultaneously, smugglers from the Bangladesh side crossed the international border into India. When the BSF jawans challenged them to stop, the smugglers ignored the warning and advanced aggressively, wielding sharp-edged spears while attempting to cut the border fence. In response to the threat, a BSF jawan fired a blank round as a warning.
10.01 / 12:05
markets
Digital
Strategy
Netflix
community
Experts
PAM
Bryan Johnson, who gulps down 54 pills for breakfast, ditches longevity drug rapamycin. Here's why
Bryan Johnson, the 47-year-old tech entrepreneur who has spent millions on his quest to reverse his biological age, has ditched taking a medicine that he had been taking for years to increase his longevity. The millionaire, who gulps down 54 pills for breakfast, recently discovered a wrinkle in his meticulous approach to dodging death. In his attempt to live' forever', the tech millionaire consumes 13 milligrams of the immunosuppressant rapamycin, which transplant patients take to help prevent organ rejection. However, the US Food and Drug Administration has not approved rapamycin for anti-aging therapy, but physicians have been prescribing it off-label because it has been shown to extend the healthy lifespan of mice. Johnson, who undertook the «most aggressive rapamycin protocol of anyone in the industry», said it may have done more harm than good.
10.01 / 11:17
markets
Strategy
economy
Sustainability
trends
Experts
PAM
Biggest job market trends of 2024: A quick recap
Here's a concise recap of the most impactful job market trends from last year that have left a long-lasting impression. 1. The advent of AI-driven jobs – AI has undoubtedly been one of the greatest technological disruptions to date. Though its emergence has eliminated a bunch of manual jobs, its integration into everyday business operations has opened new job opportunities. The demand for roles like AI engineering, machine learning, and data ethics is growing exponentially. Non-technical roles like AI trainers and ethicists too are helping bridge the human-machine gap, further fostering a collaborative relationship between the two.
10.01 / 11:17
markets
UPS
Digital
Strategy
Experts
PAM
Microsoft chief pleased to hear Manipal Academy for Higher Education using his company’s AI-based tool
Microsoft chairman and CEO Satya Nadella was pleased to hear that the 6,000 students at the Manipal Academy for Higher Education (MAHE) – which includes his alma mater, Manipal Institute of Technology – are being given access to Microsoft's GitHub Copilot, an AI-based code completion tool. On being asked by representatives of the institution to visit, he said, “I should. I’ve never been back since ’88 (the year he graduated), but I should.” The top executive of the US-headquartered technology firm was meeting with customers ahead of his keynote address in New Delhi on Wednesday.
10.01 / 11:17
markets
UPS
Digital
security
Strategy
PAM
Sebi renews recognition to AMC Repo Clearing for 1 year to clear transactions
Markets regulator Sebi has renewed its recognition of AMC Repo Clearing Ltd as a clearing corporation for one year till January 16, 2026 for clearing and settling transactions in repo and reverse repo in debt securities. The regulator has granted renewal of recognition for one year starting January 17, 2025, according to a notification uploaded on Sebi's website on Friday. Under the rules, AMC Repo Clearing Ltd will not undertake any activity except that of clearing and settling of transactions in repo and reverse repo in the debt securities that are dealt with or traded on a recognised stock exchange. Earlier, the Securities and Exchange Board of India (Sebi) had granted recognition to such clearing corporations in January 2023.
10.01 / 11:17
markets
COST
Digital
Strategy
Experts
PAM
reports
Inflation will be major concern in FY26 due to higher raw material costs: DAM Capital
DAM Capital report added. The report added that inflation is a foremost concern for FY26, with a projected decline to 4.5 per cent from the current level. The major reason behind the persistent inflation is domestic pressure. The pass-through effect of rising raw material costs, particularly in agriculture, food, and metals, is expected to contribute to persistent inflation. As demand increases, businesses are likely to raise prices of raw materials, impacting consumers.
10.01 / 11:17
markets
UPS
Strategy
PAM
track
Neeraj Chopra named world's best male javelin thrower in 2024 by reputed US track and field magazine
Paris Olympics silver medallist Neeraj Chopra has been named the best male javelin thrower in the world in 2024 by globally-renowned American magazine 'Track and Field News'. The 27-year-old Chopra, who was beaten by Pakistan's Arshad Nadeem for the Olympic gold medal in August last year, pipped two-time world champion Anderson Peters of Grenada for the top spot in the 2024 rankings published by the California-based magazine. Nadeem was ranked fifth as he competed in only one event in 2024 besides the Olympic Games where he came up with a monster throw of 92.97m as against 89.45m of Chopra. He finished fourth in Paris Diamond League. Founded in 1948, the magazine, which claims itself to be 'The Bible Of The Sport', publishes world and American rankings every year. The magazine is considered an authority in global track and field circles.
10.01 / 10:51
markets
Digital
Strategy
Election
Experts
PAM
International
Trump’s obsession with Greenland has put the world’s largest island in an unexpected position of power
Trump’s obsession with Greenland has put the world’s largest island in an unexpected position of power. While Trump’s 2019 bid for the Arctic territory was dismissed as little more than a joke, the president-elect’s timing is better this time around — Greenlanders are intensifying their push for independence from Denmark. Within the next three months, they will hold a general election that will take the temperature of that relationship. Greenland is not for sale. But its new position gives it the ability to play the US and Denmark off of each other – a dynamic that might ultimately see it come out on top.
10.01 / 10:51
markets
UPS
Strategy
President
War
Russia says it welcomes Trump's readiness to solve problems through dialogue
Trump to resolve problems through dialogue, Kremlin spokesman Dmitry Peskov said on Friday, reaffirming Russian President Vladimir Putin's readiness for talks with Trump. There may be progress on setting up a meeting between Trump and Putin after Trump is sworn in on Jan. 20, Peskov told reporters. Trump said on Thursday a meeting was being set up between him and Putin, but offered no timeline. Trump said repeatedly during his election campaign that he could end the Russia-Ukraine war within 24 hours, but he and advisers have suggested more recently that it could be resolved within months of him taking office.
10.01 / 10:51
markets
Blockchain
Digital
security
Strategy
PAM
stage
Solana launches first Layer-2, Solaxy presale secures $1M in a single day
The Layer-2 solution aims to set the stage for faster and more efficient transactions on the Solana network.
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