Strategy Financial News
28.11 / 03:35
Strategy
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Doge
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Department
Courts
Elon Musk's slashing of the federal budget faces big hurdles
In Silicon Valley, tech leaders are eagerly seeking positions or introductions to the department, even though for now it is not an actual part of government, but a loose grouping that Elon Musk named after an internet meme. On his social media platform, X, Musk posted a «Godfather»-style photo of himself as the «Dogefather,» asking government employees, «What did you get done this week?» And in Washington, a House subcommittee has been announced to help push through President-elect Donald Trump's vision, announced Nov. 12, for a department that would slash the $6.7 trillion federal budget.
28.11 / 03:09
markets
Digital
Strategy
Sustainability
Experts
reports
Earthquake of magnitude 3.8 strikes Nagaland's Kiphire
earthquake of magnitude 3.8 jolted Nagaland's Kiphire on Thursday, as reported by the National Centre for Seismology. According to the NCS, the tremor was recorded at around 7:22 am on Thursday and was centred around the Kiphire region at a depth of 65 km. «EQ of M: 3.8, On: 28/11/2024 07:22:58 IST, Lat: 25.62 N, Long: 94.90 E, Depth: 65 Km, Location: Kiphire, Nagaland,» National Centre for Seismology posted on X.
28.11 / 03:09
markets
Strategy
Parke
Election
reports
Features
Eknath Shinde wants his son Shrikant to be Maha Deputy CM? Here's what's buzzing
Devendra Fadnavis is widely expected to be sworn in as Maharashtra's next Chief Minister following a green signal from the BJP central leadership. After Shinde's resignation on November 26, it cleared the path for a Fadnavis-led government. The Maharashtra Governor had requested Shinde to continue as caretaker chief minister until the new government is formed. The swearing-in ceremony is scheduled for December 2 at Mumbai’s iconic Shivaji Park, with an elaborate event planned by the BJP, featuring dignitaries and religious leaders.
28.11 / 03:09
markets
Strategy
Sustainability
awards
Southern
AVP
Equality
Cement industry to add 70-75 million MT capacity in two years amid slowdown in construction
cement industry in India is expected to witness a significant capacity expansion of 70-75 million metric tonnes (MT) over the next two years, according to the rating agency ICRA. Of this, around 33-37 million MT will come from clinker capacity, while the rest will be from grinding capacity. It said «Around 33-35 million MT capacity is likely to be added in FY2025 (FY2024: 32 million MT), while 37-39 million MT addition is expected in FY2026».
28.11 / 02:33
Cooper
security
Strategy
Southern
President
social
prevention
Trump speaks with Mexico's president, claims an agreement to effectively close the border
Two days after President-elect Donald Trump threatened to impose sweeping new tariffs on Canada and Mexico as part of his effort to crack down on illegal immigration and drugs, he says he spoke with the Mexican president and she “agreed to stop Migrati...
27.11 / 20:03
Citizens
Williams
Strategy
Election
President
voice
How to win election in red states? The Democrats can learn from this fiery American evangelical pastor
US Vice President Kamala Harris's defeat to US President- elect Donald Trump in the recent US Presidential elections; numerous factors are being analyzed to understand the loss. According to CNN, several supporters are eventually grappling with the implications of Donald Trump's victory, specifically given that he won less than half of the popular vote but secured all swing states. CNN reported that prominent figures like Rev. William J. Barber II placed an argument that both racism and sexism played significant roles in the US Presidential election outcome alongside economic concerns that resonate with the working-class voters. Also Read: Billboard ranks Taylor Swift as the No. 2 greatest pop star of the 21st century, who will be No. 1? This singer's name is doing the rounds
27.11 / 20:03
27.11 / 20:03
27.11 / 20:03
markets
Digital
SUN
Google
Strategy
awards
ZF Group sells 4.3 pc stake in Indian subsidiary for Rs 1,022 crore
ZF Group on Wednesday divested a 4.32 per cent stake in its Indian subsidiary ZF Commercial Vehicles Control System (CVCS) India for Rs 1,022 crore, according to exchange data. According to the bulk deal data on the NSE, WABCO Asia Pvt Ltd, promoter and forming part of ZF Group sold a 4.3 per cent stake or 8.2 lakh shares of the company. The shares were offloaded at an average price of Rs 12,465.19 apiece, taking the transaction value to Rs 1,022.14 crore. Meanwhile, Aditya Birla Sun Life Mutual Fund acquired 1.60 lakh shares of ZF CVCS India at an average price of Rs 12,400 per piece, taking the deal value to Rs 199.24 crore. Wabco Asia's holding in ZF CVCS India has come down to 63.17 per cent from 67.49 per cent.
27.11 / 20:03
27.11 / 20:03
Strategy
TUI
film
voice
stars
reports
Features
Disney's Moana Live-Action movie release date: When will Dwayne Johnson's movie premiere?
Moana Live-Action movie featuring Dwayne Johnson will be released at theatres. Johnson acted as Maui. John Tui will play the role of Chief Tui, Frankie Adams will play Sina, and Rena Owen plays the pivotal role of Gramma Tala, as per a report The Direct. While, Moana Live-Action movie's production has been concluded in November, the film's post-production will take around 1.5 years, The Direct reported.
27.11 / 20:03
markets
Williams
Strategy
Monarchy
PAM
reports
Relationships
Do Queen Camilla and Kate Middleton have a tense relationship? Her role in the monarchy may be re-evaluated when William becomes the king
Queen Camilla and Kate Middleton is explained by a royal source. Prince William has reportedly been preparing for his eventual accession to the throne, causing drama with King Charles, who is reportedly envious of his son's popularity, according to a report by Cosmopolitan. According to Us Weekly, Queen Camilla desires that her husband hold onto the reins for as long as possible. The Queen loves her responsibilities and has always wanted to be queen, so she doesn't want to let it go so fast. Camilla is apparently not happy about giving Kate Middleton her responsibilities either, as the two have always had a tense relationship.
27.11 / 20:03
markets
Entertainment
Strategy
Election
President
travelers
donates
Biggest question: As Trump takes over as the 47th U.S President, what will his salary be? Here is a breakdown
US Constitution, US President- elect Donald Trump will receive an annual salary of $400,000, as determined by Congress. According to GO Banking Rates, in addition to this base salary, the US President is entitled to several allowances that enhance his financial package. These allowances include a $50,000 presidential expense account for personal and professional expenses, a $100,000 travel fund for official travel and an entertainment budget of $19,000 per year for hosting events. Also Read: Do Queen Camilla and Kate Middleton have a tense relationship? Her role in the monarchy may be re-evaluated when William becomes the king
27.11 / 20:03
markets
Strategy
PAM
track
concert
exclusive
Features
Fortnite Remix: The Finale Live Event: All you may want to know
Fortnite Remix: The Finale live event is a major concert experience happening in-game. This event showcases global artists, exclusive tracks and special in-game rewards for participants.
27.11 / 19:35
27.11 / 19:29
markets
Digital
Strategy
film
Celebrity
show
reports
Is Wicked movie offensive and racist against white people? MAGA pundit makes big accusation, labels Ariana Grande as Hispanic
Gina Loudon, who is an eminent MAGA media personality, pretty recently, criticized the film adaptation of ‘Wicked’ while claiming it was ‘offensive’ and ‘racist’ towards white people, reported Daily Beast. According to Daily Beast, during her show on Real America’s Voice, she mistakenly identified pop star Ariana Grande as ‘obviously’ Hispanic in spite of Ariana Grande being Italian-American. Gina Loudon expressed her disappointment with the film's portrayal of characters while particularly criticizing the casting of Ariana Grande as Glinda, whom she described as a ‘ditzy, blonde and white villain’. She also placed an argument that this representation perpetuates negative stereotypes about white people. Daily Beast asserted that in spite of the film's success at the box office which grossed near about $165 million in its opening weekend, Gina Loudon dismissed it as a product of ‘Holly-weird’ and part of a broader ‘woke’ agenda.
27.11 / 19:29
markets
UPS
Digital
Strategy
awards
band
Department
DoT plans to refarm 1100 MHZ spectrum from various ministries, departments
Department of Telecommunications (DoT) is working on an ambitious plan to refarm more than 1100 MHZ spectrum from various ministries and departments and reallocating it to telecom operators for 5G and 6G services, a move that could garner over ₹5 lakh crore for the exchequer, officials told ET. DoT has identified spectrum across 10 bands which will be freed in the coming few years and put up for auction for telecom operators. «DoT has shared the proposal for consideration to the committee of secretaries (CoS) and clarity will emerge in a few months about how much spectrum can be freed for mobility use,» said an official privy to the details. Spectrum across bands including mid-band and some portion of 6 GHz is currently being utilised by the ministries of space, defence, information and broadcasting, railways and housing and urban affairs.
27.11 / 19:29
markets
Digital
Strategy
Election
show
social
reports
Did Trump's aide Natalie Harp send out a series of passionate letters to the President-elect? Here's what reports are saying
president-elect's aide's adoring letters, Trump attacks the New York Times and its third-rate writer. In an overnight Truth Social tirade, Donald Trump attacked the failing New York Times, calling for an apology for its junk coverage of him and specifically targeting its correspondent Maggie Haberman. The president-elect wrote in the post, «Will the failing New York Times apologise to its readers for getting years of 'Trump' coverage so wrong?» They write such fake 'junk,' knowing full well how wrong it is, only to make fun of it, as quoted in a report by The Independent. The newspaper has a long history of rigorous fact-checking and has been transparent about its methods. Also Read: Is the war over and will Ukraine surrender? Russia is advancing in the country at the fastest rate since 2022
27.11 / 19:09
markets
Digital
Strategy
awards
Moodys
trends
Experts
Coal to remain crucial, green capacity to grow in India: Moody's
Moody's Ratings said Wednesday. The agency expects power demand here to rise by 5-6% annually during this period. The utilisation rate for coal-based power capacity is likely to be high at 65-70% despite additions. Although Asia Pacific power markets are undergoing carbon transition, current thermal generation, including coal, oil and gas, remains the key supplier of power, and this trend will continue for at least the next three years to support increasing power demand in the region, it said.
27.11 / 19:09
markets
Entertainment
Strategy
awards
Experts
PAM
Malls may cut multiplex space as cinema-led revenues shrink
mall developers plan to shrink multiplex spaces in their future projects as cinemas no longer attract big crowds and generate enough revenues throughout the year. Multiplexes used to generate 10% of the footfall of a mall, which has reduced to 6-7%, forcing the developers to rethink the strategy, industry executives said. «With alternate forms of entertainment, we are looking for rationalising cinema space in the mall,» said Sriram Khattar, vice chairman and managing director, rental business, at DLF.
27.11 / 17:05
markets
Google
Strategy
pandemic
Trade
Experts
track
US stock market, Wall Street are betting on game-changing Donald Trump move. What is it?
The number of deals and their value are both below pre-pandemic levels. In the U.S. deal values fell 23 per cent in 2023 from just before the pandemic, while the number of deals slumped 20 per cent. The current year is on track for and even deeper slump, according to Dealogic, as per a report on AP. That could change thanks to the Federal Reserve loosening its interest rate policy and returning President Donald Trump vowing to slash regulations. Trump's planned cuts to the Federal Trade Commission could also mean less staff scrutinizing antitrust concerns.
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