Strategy Financial News

Jimmy Kimmel humorously speculated on the potential fallout between US President- elect Donald Trump and renowned tech billionaire Elon Musk specifically if Elon Musk ends up winning the Time magazine's 2024 ‘Person of the Year’ over Donald Trump, reported Huffpost. According to Huffpost, Jimmy Kimmel actually quipped that such an outcome would lead to their relationship ending dramatically while likening it to a SpaceX rocket explosion. Also Read: Who is Matthieu Blazy? Here’s what you need to know about him

After missing India's big win in the first test in Perth to be with his newborn son, opener Rohit dropped down the order at the Adelaide Oval where he managed just nine runs as the tourists crashed to a 10-wicket defeat inside three days. The resumption of Rohit's run of low scores provided more ammunition for his critics, who contend that the 37-year-old is now dead weight in the team.

Top industry executives have decried the government's modest ₹1,100 crore FY25 budgetary allocation, amounting to 0.03% of the GDP, for telecom-related R&D, including allocations towards the IndiaAI Mission and design-linked incentive scheme. They termed it an unrealistic and feeble attempt to aspire for leadership on the global 6G stage. More so, since the actual FY25 budgetary allocation to the Department of Telecommunications (DoT) for R&D is just Rs 400 crore.

Thyssenkrupp Marine Systems (TKMS), which is bidding for a major contract to manufacture six new diesel electric submarines in India for a Navy order, said it is looking to expand its footprint and has pitched for the creation of a joint warship building hub, estimating that it can be up to 50% cheaper to make submarines and warships here. «Together with MDL (Mazagaon Dockyards Limited, which is the partner for the submarine contract), there could be a hub for technology, which will generate more orders. This is really an opportunity to go beyond the P75I (the submarine contract), which will generate, of course, more jobs,» TKMS CEO Oliver Burkhard said.

Visiting UAE foreign minister Sheikh Abdullah Bin Zayed Al Nahyan and external affairs minister S Jaishankar, among other issues, focused on the power vacuum and absence of institutional governance in Syria amid pro-Al Qaeda-ISIS transition government taking over power, it is learnt. The two sides are also understood to have discussed implications of the Syrian developments and ISIS-Al Qaeda gaining in strength in the region. The Gaza-Lebanon situation is also understood to have been discussed.

While Lauritz Knudsen and Mumbai Indians have declined to comment on the financial details, the deal is estimated to be worth approximately ₹40 crore per year, totaling ₹120 crore over three years. This agreement surpasses the previous ₹30 crore-per-year deal that the franchise had with the fintech company Slice. Lauritz Knudsen, formerly known as L&T Switchgear and part of the Schneider Electric Group in India, aims to boost its visibility in the country through its association with the Mumbai Indians.

Supreme Court on Thursday directed the Delhi government and NCR states to take a final call on banning firecrackers throughout the year. A bench comprising justices Abhay Oka and Augustine George Masih directed the states to take a final call in this regard and communicate the same to the top court. The ban is required to curb not only air pollution but also noise pollution, the bench said.

Selena Gomez unveils Benny Blanco's engagement ring and she will soon get married. The celebrity recently announced her engagement to Benny Blanco. The actress from Only Murders in the Building posted a picture of what looks to be a diamond engagement ring on Instagram on Wednesday night. «Forever begins now,» she wrote as the caption for the set of pictures, which featured her holding music producer boyfriend Blanco and another of her lounging on a picnic blanket. «Hey wait… that's my wife,» Blanco, with whom Gomez had disclosed her relationship after months of rumours back in December 2023, also commented on the post.

Lisa Su, the CEO of Advanced Micro Devices (AMD), its CEO of the Year, a recognition that highlights her transformative leadership and the remarkable turnaround of the company. Since taking over as CEO in 2014, Su has propelled AMD from a struggling competitor to a dominant player in the semiconductor industry, challenging the long-standing supremacy of Intel and, more recently, Nvidia. This award comes as the semiconductor sector is undergoing explosive growth, fueled by breakthroughs in artificial intelligence (AI) and the growing demand for graphics processing units (GPUs)—both of which have been central to AMD's strategy under Su’s leadership.

Middle East have suggested a major shift in power dynamics specifically regarding US influence under US President Joe Biden. According to Independent, following the fall of the Assad regime in Syria, the Prime Minister of Israel Benjamin Netanyahu swiftly occupied several villages in the Golan Heights while citing threats from anti-Israel militant groups. Independent reported that this certain action has been severely criticized as a violation of international law and the response of Joe Biden administration has been eventually perceived as really weak while the State Department officials have framed the military actions of Israel as something temporary. Also Read: Who is Bettina Anderson? The Florida socialite who was spotted holding hands with Donald Trump Jr.

Dexter: Original Sin is set to expand the story of Dexter Morgan. It will focus on his formative years. The show will feature a total of 10 episodes.

NFL is reportedly reassessing its partnership with the company of Jay-Z named Roc Nation following the extremely shocking allegations linking him to a sexual assault incident involving Sean Diddy Combs, reported The US Sun. According to The US Sun, the lawsuit which was actually filed by an unnamed woman claims that both men participated in the assault at a party in the year 2000 when she was just 13 years old. While Sean Diddy Combs is currently lodged in jail awaiting his trial for racketeering and sex trafficking, this is the very first time Jay-Z has been publicly implicated in any allegations against him. Also Read: Dexter: Original Sin: Check confirmed premiere date, time, episode schedule and where to watch

Transformers One has been released on digital platforms, allowing fans to enjoy the movie at home. The film explores the origins of iconic Transformers characters Optimus Prime and Megatron.

Defence Dialogue held in New Delhi. A key member of the 10-nation ASEAN (Association of Southeast Asian Nations) grouping, Thailand is seen by India as a crucial strategic partner in the Southeast Asian region. «Both sides agreed for early establishment of joint working group to effectively steer and monitor the cooperation in the areas of defence industry,» the defence ministry said.

When asked about a U.S. law that generally prevents the military from being used in domestic law enforcement, Trump said illegal immigration amounted to an invasion that needed to be stopped. «I consider it an invasion of our country,» Trump told TIME as part of an interview naming him 'Person of the Year.' «We'll get National Guard, and we'll go as far as I'm allowed to go, according to the laws of our country.» Trump, a Republican, won reelection in November portraying migrants as dangerous criminals and promising a wide-ranging crackdown on both legal and illegal immigration, including mass deportations. He plans to pull resources from across the federal government for the deportation effort and declare a national emergency to unlock funds for enforcement, reported in November.

The Organization for the Prohibition of Chemical Weapons on Monday told Syria that it is under obligations to comply with rules to safeguard and destroy dangerous substances, such as chlorine gas, after rebels entered the capital, Damascus, over the weekend. «Chemical weapons have been used in Syria on multiple occasions and victims deserve that perpetrators that we identified be brought to justice and held accountable for what they did and that investigations continue,» Fernando Arias Gonzalez, the OPCW secretary general, said in his opening remarks.

Subscribe to enjoy similar stories. New Delhi: The Andhra Pradesh government has decided not to extend road tax waivers and cash incentives for buyers of hybrid vehicles, in its new sustainable electric mobility policy document seen by Mint. The policy, effective 11 December, extends benefits only to electric two-, three-, and four-wheelers, goods carriers, and e-buses, diverging from other states like Uttar Pradesh that have incentivized hybrids to promote cleaner mobility. The policy, valid until 2029, is part of Andhra Pradesh’s goal to achieve carbon-neutrality in the transport sector by 2047.

Subscribe to enjoy similar stories. Investing wisely doesn’t require a crystal ball or insider secrets; it thrives on time-tested principles and disciplined execution. Whether you're building your portfolio for 2025 or decades beyond, the fundamentals remain consistent.

Subscribe to enjoy similar stories. Drugs used to treat diabetes and obesity, or GLP-1 (Glucagon-like peptide-1), will be a significant growth driver for OneSource Specialty Pharma, CEO and MD Neeraj Sharma said. On the other hand, biologics is a long-term play for the company, as the business has a long gestation period.

NIA team along with Assam STF raids several locations in Goalpara district and nabbed four suspects in JeM money laundering case. Sources in Assam police said, “The suspects, identified as Joynal Abedin, Shahanur Alam, Abu Taleb, and Shahanur Islam, were apprehended during night raids conducted in Hansilapara, Barpahar, Balbala, and Tukde.Couple of months’ back one mufti, Sheikh Sultan Salludin Ayubi have received money from JEM and was arrested by NIA Delhi in connection with money laundering on behalf of Jaish-e-Mohammed accounts in Kashmir. Joynal is a cleric in a mosque.”