Strategy Financial News
02.12 / 02:37
markets
JPMorgan
Strategy
Align
Trade
inclusion
stars
Stars are aligning for Indian bonds to extend rally into 2025
The central bank’s rate cuts anticipated from early next year on slowing economic growth, continued index-inclusion-related foreign inflows and strong demand from local pension and insurance companies are likely to further burnish the appeal of sovereign notes.
02.12 / 02:37
markets
Provident
Fox
Google
CEO
Strategy
Experts
OpenAI's Sam Altman confident Trump will keep US in AI lead
OpenAI CEO Sam Altman on Sunday expressed confidence that US President-elect Donald Trump's administration would support the artificial intelligence sector to ensure the United States and its allies continue to lead it. Speaking to conservative US broadcaster Fox News on Sunday, Altman said AI technology needed massive infrastructure support and that he believed Trump would be good at providing it. «We need to build that here and we need to be able to have the best AI infrastructure in the world to be able to lead with the technology and the capabilities,» he said.
02.12 / 02:37
markets
UPS
IPO
Provident
Strategy
trends
Trade
Rajesh Power Services shares to list today. GMP hints at healthy gains
Rajesh Power Services will debut on the BSE SME platform on Monday. Ahead of the listing, the company's shares were trading with a GMP of Rs 144 in the grey market. Considering the upper price band of Rs 335, the stock is expected to list with a premium of 40% or above going by the grey market trends.
02.12 / 02:37
Hollywood
Career
Strategy
Actor
show
stars
reports
Meet the $6 million child actor who had his own show at 9 and became a millionaire at 13
Iain Armitage, the talented actor known for playing the title role in Young Sheldon, is currently the world’s richest child actor, with a net worth of $6 million, as reported by CelebrityNetWorth.com. At 16 years old, Iain’s fortune far surpasses that of other famous child stars, including Aubrey Anderson-Emmons from Modern Family and Canadian actor Jacob Tremblay, who each have a net worth of around $2 million.
02.12 / 02:37
markets
Provident
Strategy
reports
Updates
Pakistan: PTI calls for full access to Imran Khan amid health and safety concerns
Pakistan Tehreek-e-Insaf (PTI) issued a statement on Sunday following an important meeting, urging full access to party founder Imran Khan due to serious concerns over his health and safety, ARY News reported. The committee stated that Imran Khan's health had become a significant concern, with growing public anxiety surrounding his condition. It called for the immediate restoration of access to Khan's family, legal team, and party officials to ensure transparency and accountability in his treatment. The statement also urged both the federal and Punjab governments, along with prison authorities, to provide clear and frequent updates on Khan's health status.
02.12 / 02:37
markets
Strategy
wellness
Trade
stage
country
cover
Adani issue: Primary consideration for investors should be returns and efficacy of cash flow: Abizer Diwanji
Abizer Diwanji, Founder, NeoStrat Advisors LLP, says people will take the decision on the basis of whatever their compulsions are. Institutional investors, especially from the US, will have bigger compulsions in their country, being answerable to their own investors, and they may take a different call. The primary consideration for a normal investor should be returns and the efficacy of cash flow. As far as we have been covering banking, there is a reputational risk, there is a financial risk. But despite that, you have seen that Japanese lenders may continue to support Adani. How would these banks be assessing the situation according to you? Abizer Diwanji: First of all, banks are very focused on lending and lending to specific projects which have a high probability of cash flows, that is the most important thing. Now, given the group's ability to construct and execute contracts well, I think from a credit risk perspective which is the main criteria on which lending is done, most people would take a view that there is no problem with the credit.
02.12 / 02:19
markets
Strategy
Cybercrime
WhatsApp
Investigations
Delhi Cyber police nabs fraudster Kalyan Roy, recovers Rs 2.40 lakhs
Kalyan Roy, a resident of Thakurmura village, Tripura (located at the Bangladesh border). The arrest led to the recovery of Rs 2.40 lakh, said the Cybercrime unit of Delhi Police. According to the Cybercrime unit's statement, the complainant, Sunil Verma, alleged that in September 2021, he came in contact with a foreign woman (American) on Facebook. The woman later sent him a WhatsApp message, claiming to be sending gold jewelry, mobile phones, laptops, and a few thousand American dollars through a courier. She requested him to accept these items on her behalf. The statement from Delhi Police's Cybercrime unit continued: «In October 2021, the complainant received a call from someone claiming to be a delivery partner, stating that a parcel containing precious items was lying at the courier office in his name. The caller requested a fee to release the parcel.»
02.12 / 02:19
markets
Action
security
Strategy
Analysis
Research
Trade
GIFT Nifty signals a muted start for D-Street. Here's the trading setup for today's session
Q2 GDP data, which came at 5.4% against an expectation of 6.5%. Analysts said investor sentiments going forward will be directed by geo-political developments and FII activity with the market likely to remain range-bound amidst mixed global cues and lack of domestic triggers.
02.12 / 02:19
markets
security
Strategy
Analysis
Research
Trade
cover
Underweight stance on India leads to exits from FAR GSecs for a 2nd month
Foreign investors were net sellers of securities under the central bank's fully accessible route (FAR) for the second straight month in November, as global fund managers went underweight on Indian securities amid rising US yields. Foreign portfolio investors sold FAR securities worth ₹5,186.7 crore more than those they purchased in November, according to data from the Clearing Corporation of India. Net sales in October were ₹2,051.67 crore.
01.12 / 20:25
markets
Strategy
Align
Sustainability
WhatsApp
track
innovations
Holcim to sell stake in Lafarge Africa
cement maker Holcim will exit its Nigerian business through the sale of its almost 84% stake in Lafarge Africa to China's Huaxin Cement in a $1 billion deal, it said on Sunday. The deal aligns with Holcim's strategy to streamline its portfolio and focus on high-growth regions, including the coming spin-off of its North American business, which remains on track for a US listing in the first half of 2025.
01.12 / 20:25
markets
Digital
Strategy
Netflix
show
audience
Borderlands
Alice in Borderland Season 3: All you want to know about release window
Alice in Borderland can anticipate the return of the series as Netflix announces a release window for Season 3. The Japanese thriller, based on Haro Aso’s manga, has captivated audiences with its high-stakes games and unpredictable twists.
01.12 / 16:51
markets
UPS
Strategy
Election
President
testing
rights
A second Trump term poses a crucial test of the Senate's independence
Trump's determination to crash over traditional governmental guardrails will present a fundamental test of whether the Republican-controlled Senate can maintain its constitutional role as an independent institution and a check on presidential power. With Trump putting forward a raft of contentious prospective nominees and threatening to challenge congressional authority in other ways, Republicans who will hold the majority come January could find themselves in the precarious position of having to choose between standing up for their institution or bowing to a president dismissive of government norms. The clearest and most immediate point of tension is likely to be Trump's efforts to skip the Senate's traditional confirmation process to install loyalists, including some with checkered backgrounds, in his Cabinet. But the president-elect has also signaled he expects Republicans on Capitol Hill to accede to his wishes on policy, even if that means ceding Congress' control over federal spending. Both are powers explicitly given to the legislative branch in the Constitution.
01.12 / 16:51
markets
Progressive
Platform
Strategy
Experts
exclusive
Updates
Delta Force Open Beta: All we know about release date, platforms, game modes and how to access
Delta Force Open Beta is set to release in December 2024. The beta will offer exclusive gameplay modes and regular updates until its full launch.
01.12 / 16:51
markets
Booking
CEO
Strategy
Experts
social
stars
Blueprint founder, age reversal guru Bryan Johnson in India; meets Zomato's Deepinder Goyal
Blueprint, Bryan Johnson, renowned for his anti-ageing pursuits, has sparked chatter on social media with his visit to India. Taking to X, Johnson shared plans to visit Mumbai and Bengaluru in December to promote his book and the ‘Don’t Die’ programme, which advocates living longer, healthier, and happier lives. In addition, Johnson is set to meet Zomato CEO Deepinder Goyal today, further adding to the buzz surrounding his visit.
01.12 / 16:17
markets
Digital
Strategy
Experts
PAM
social
Videos
'No help': Indian passengers left stranded for 13 hours at Kuwait Airport, viral video captures chaos
Gulf Air flight, GF005, was unexpectedly diverted. The passengers have accused the airline of neglect, claiming they were left without food or assistance during the long wait. A video shared on social media shows frustrated passengers arguing with airport authorities.
01.12 / 16:17
markets
Digital
security
Strategy
Cybercrime
recommendations
International
PM Modi expresses concern over threats emanating from digital frauds, cybercrimes, AI technology
Narendra Modi on Sunday expressed concern over the potential threats generated on account of digital frauds, cybercrimes and AI technology, particularly the potential of deepfake to disrupt social and familial relations. Addressing the concluding session of the 59th All India Conference of Director Generals/Inspector Generals of Police, the prime minister also called for the use of technology to reduce the workload of the police constabulary and suggested that the police station be made the focal point for resource allocation. Deliberations were held on emerging security concerns along the border with Bangladesh and Myanmar, trends in urban policing and strategies for countering malicious narratives, according to an official statement. In-depth discussions were held on existing and emerging challenges to national security, including counter-terrorism, leftwing extremism, cybercrime, economic security, immigration, coastal security and narco-trafficking.
01.12 / 16:17
markets
Digital
Strategy
love
Experts
PAM
Features
We knew it was difficult to get Ishan Kishan back from auction due to his skill set: Hardik Pandya
Mumbai Indians camp knew it would be difficult to get Ishan Kishan back into the fold from the Indian Premier League mega auction due to his skill set, said captain Hardik Pandya here on Sunday. The India wicketkeeper-batter did not feature in MI's retention list as the five-time champions retained former skipper Rohit Sharma, incumbent leader Pandya, Suryakumar Yadav, Tilak Varma and Jasprit Bumrah. Kishan was snapped up by last season's finalists Sunrisers Hyderabad for Rs 11.25 crore as Mumbai Indians quit bidding on the player once it reached Rs 3.20 crore. Kishan had a base price of Rs 2 crore. «Ishan has been the freshness and the energy of the room,» Pandya said in a video shared by Mumbai Indians.
01.12 / 15:13
markets
Strategy
President
gatherings
SOLIDARITY
peace
"We are deeply concerned about situation of our devotees in Bangladesh": ISKCON's Tukaram Das
ISKCON Bhubaneswar Vice President Tukaram Das on Sunday raised concerns over the safety of minorities and ISKCON devotees in Bangladesh. «Today, we organised a prayer meeting. The ISKCON Governing Body Commission has instructed our centres worldwide to hold such prayer meetings. We will recite prayers for the peace and prosperity of the world. We are deeply concerned about the situation of our devotees and other minorities in Bangladesh,» Tukaram Das told ANI. «We request governments across the globe to engage with the Bangladeshi government to resolve the matter peacefully. ISKCON has centres in every district of Odisha. We have over 100 centres, and each is conducting prayer sessions today. We firmly believe that everyone should coexist peacefully and happily,» he added.
01.12 / 15:13
markets
Citi
Digital
security
Strategy
country
social
PM Modi expresses concern over threats generated from digital frauds, cyber-crimes and Al technology
Narendra Modi on Sunday called the police to to convert the challenge posed due to digital frauds, cyber crimes and Al into an opportunity by harnessing India's Al power of Artificial Intelligence and 'Aspirational India'. The comments came during the 59th All India Conference of Director Generals/ Inspector Generals of Police at Bhubaneswar on on Sunday. In his address, the prime minister expressed concern on the potential threats generated on account of digital frauds, cyber-crimes and Al technology, particularly the potential of deep fake to disrupt social and familial relations. Further, he expanded the mantra of SMART policing and called upon the police to become strategic, meticulous, adaptable, reliable and transparent.
01.12 / 15:13
markets
Fighting
Strategy
Election
President
country
"Our fight is against hatred": Kharge slams Modi Govt at 'Samvidhan Bachao' rally in Delhi
Congress President Mallikarjun Kharge on Sunday said Prime Minister Narendra Modi is «leaving no stone unturned to break our unity.» Addressing the 'Samvidhan Bachao' rally at Ramleela Maidan, Kharge said,«Modi ji leaving no stone unturned to break our unity… They leave behind the common man because they hate them. Our fight is against this hatred. For that, political power is essential...» Further slamming the ruling party, he said The BJP only talks about morality but «repeatedly engages in unethical behaviour.»
01.12 / 13:13
markets
UPS
FIVE
Ball
security
Strategy
performer
"Got what we wanted as a group...": Skipper Rohit after India's win over PM XI
Rohit Sharma expressed satisfaction with his team's performance, stating that they achieved their objectives as a unit. A four-wicket haul by pacer Harshit Rana, along with commanding knocks from Shubman Gill, Nitish Kumar Reddy, and Yashasvi Jaiswal, helped India secure a five-wicket win against Australia's Prime Ministers' XI at Canberra's Manuka Oval on Sunday. Speaking at the post-match presentation, Rohit also expressed gratitude towards the crowd for their support.
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