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05.11 / 02:33
markets Google Strategy Election Southern Experts Schools Trump warns, if elected, he'll impose tariffs on Mexico, China over fentanyl
At a campaign rally in Pittsburgh, Pennsylvania, Trump said he would move quickly to crack down on drug trafficking along the southern U.S. border with Mexico and that he would use tariffs. «We will immediately stop the drugs pouring across our border,» he said.
05.11 / 02:33
UPS Manufacturing CEO Airlines Strategy Boeing Election Boeing machinists hold contract vote that could end their 7-week strike
Boeing were voting Monday whether to accept a contract offer or to extend their strike, which has lasted more than seven weeks and shut down production of most Boeing passenger planes. A vote to ratify the contract on the eve of Election Day would clear the way for a major U.S. manufacturer and government contractor to resume airplane production. If members of the International Association of Machinists and Aerospace Workers vote for a third time to reject Boeing's offer, it would plunge the aerospace giant into further financial peril and uncertainty. In its latest proposed contract, Boeing is offering pay raises of 38% over four years plus ratification and productivity bonuses. IAM District 751, which represents Boeing workers in the Pacific Northwest, endorsed the proposal, which is slightly more generous than one the machinists voted down nearly two weeks ago.
05.11 / 01:29
markets Provident Strategy information reports Russia launches Soyuz rocket with dozens of satellites, including two from Iran
The Soyuz-2.1 launch spacecraft, which lifted off from Russia's Vostochny Cosmodrome, carried two Ionosfera-M satellites, which will become part of the space system for monitoring the Earth's ionosphere, the agency said. The ionosphere, where Earth's atmosphere meets space, stretches roughly 50 to 400 miles (80 to 644 km) above Earth's surface, according to information provided on NASA's website.
05.11 / 00:51
markets Digital Strategy Election Experts PAM Courts Elon Musk's $1 million-a-day voter giveaway can proceed, great news for Donald Trump?
However, it looks like Musk can now proceed as planned as a Pennsylvania court has ruled that the decision to shut the petition down has been duly rejected, and the next phases of the announcements of the receivers will follow. The initiation of the legal action against this million-dollar giveaway began with District Attorney Larry Krasner, a Democrat, who had called the process a scam and a ploy 'designed to influence a national election' and demanded that it be shut down. However, Common Pleas Court Judge Angelo Foglietta did not pay heed to his wording and ruled in Musk's favor. Meanwhile, Musk's lawyer Chris Gober explained that the final two recipients of the giveaway before the presidential election will be in Arizona on Monday and Michigan.
05.11 / 00:51
markets Digital security Strategy Pool PAM rights MFs can invest in overseas funds with exposure to Indian securities
asset managers will now be able to invest in overseas mutual funds and unit trusts that have exposure to Indian securities. The move is aimed at facilitating ease of investment, increasing transparency and enabling diversification in overseas investments, Sebi said on Monday. The total exposure by such foreign funds should not be more than 25% of their assets, the regulator said in a circular.
05.11 / 00:51
markets UPS Digital Strategy PAM boating Alarm bells at wearables companies as slump extends to this fiscal
While Warburg Pincus-backed Boat registered a decline in its FY24 revenue even as it reduced its loss by 48%, its smaller rival Boult saw its profit halve during the year as it increased spending to push growth. The wearables segment – which includes wireless audio devices and smartwatches – saw a 10% year-on-year decline in shipments during the April-June quarter of this year amid cautious inventory management and fewer new product launches, market tracker IDC said.
05.11 / 00:51
markets Digital Citizens Strategy PAM Department Centre to curb unauthorised use of PAN details by tech companies
government prepares to notify the Digital Private Data Protection Act, 2023 (DPDP), law enforcement authorities are cracking down on almost every unauthorised use of personally identifiable information (PII) by technology companies. In one of the latest moves, the Union home ministry through the Indian Cybercrime Coordination Centre (I4C) has asked to shut down any unauthorised use of Pan (Permanent Account Number) of Indian citizens by fintechs and other consumer technology companies, according to three people in the know. “This was known as a ‘Pan enrichment’ service, which would help loan distribution companies create a profile of their customers against their Pan numbers, for cross sell of credit and other financial products,” said a top executive at a fintech firm on the condition of anonymity. “Sometimes this data was also used to cross check the details put in by the customer in his or her application form,” he added.
05.11 / 00:51
markets Digital Google Strategy PAM track innovations Tracking global AI policy play
AI are being discussed by policymakers the world over. While some like the EU have been early movers in regulating the technology, others are opting to wait and watch. The US, for one, has taken a lighttouch approach to AI regulations so far. India does not have an AI law but it has rolled out the `10K-cr IndiaAI Mission earlier this year. The mission is indicative of India’s approach — to focus on building AI capabilities through computing infrastructure, skills, datasets and support for AI innovators.
04.11 / 23:53
markets UPS DOW Racing Strategy Election PAM How will Wall Street react to a Trump or Harris win in US election? Here's the breakdown
US stock markets are also in a complete state of uncertainty with respect to the US elections that begin in a few hours. There is still no understanding as to which candidate has the lead in this poll race, with many claiming that Trump has recovered as a very strong prospect in the last few weeks leading up to the polls, while others are maintaining the fact that Kamala Harris is still rock-solid in the Presidential election race. The biggest problems surrounding Wall Street at this point will possibly not go and answered after the elections, as issues like the historically high valuation may be catered to at the earliest. With Dow Jones Industrial Average and S&P 500 being one of the biggest indicators for the presidential race, their indices have now risen to record highs in 2024, with no saying has to which way things will go if Kamala Harris loses.
04.11 / 22:47
markets Digital Racing Strategy Election President reports Donald Trump's campaign manager Chris LaCivita pocketed a whopping $22 million from his work, ex-President livid on the leak to media
2024 US elections are inching closer every hour and a sudden report about Donald Trump's campaign manager Chris LaCivita has left everyone gasping. According to a previous Daily Beast report, Trump's close aide and campaign manager LaCivita reportedly received nearly $22 million from his work on the Trump campaign. This even included money from Super PACs, and these allegations gave left the former US President enraged, and he even considered firing LaCivita after these developments.
04.11 / 22:47
markets UPS Digital Strategy Election President Colleges US election results: Is Donald Trump winning battleground state Pennsylvania against Kamala Harris? Exit polls have answers
Kamala Harris is spending all of Monday in Pennsylvania. Donald Trump plans four rallies in three states, beginning in Raleigh, North Carolina and stopping twice in Pennsylvania with events in Reading and Pittsburgh and also going to Michigan. Pennsylvania is the biggest prize among the battleground states, offering 19 of the 270 Electoral College votes a candidate needs to win the presidency. Pennsylvania's 19 electoral votes offer the largest prize among the states expected to determine the Electoral College outcome. Nonpartisan U.S. election analysts calculate Harris needs to win about 45 electoral votes on top of the states she is expected to win easily to capture the White House, while Trump would need about 51.
04.11 / 20:37
markets Strategy Election Experts Schools Updates US election 2024: How to replace your voter registration card
USA gov asserted that any individual can begin the procedure by visiting vote.gov, then selecting the individual’s state and then noting the registration deadlines. Though it absolutely depends on the state rules that whether the individual needs to update their information online, by mail, by phone, or in person at the local election office. Also Read: US election 2024: Can I Vote Without an ID? What You Need to Know About ID Requirements by State
04.11 / 19:43
markets security Strategy Trade country Department International Hinduja Group needs DPIIT nod, too, for Reliance Capital buy
Hinduja Group received the central bank's approval to acquire the financial services company, but the transaction cannot proceed until it is approved by the Department for Promotion of Industry and Internal Trade (DPIIT). The Hindujas need DPIIT's approval because IIHL (IndusInd International Holdings), the acquisition vehicle, has 600 shareholders from the UAE, Singapore, Hong Kong, and Mauritius, with 39 shareholders residing in Hong Kong, which is classified as a land-border country under PN3 due to its special administrative relationship with China, said a source. This has raised compliance questions under PN3, prompting deeper scrutiny by Indian regulators.
04.11 / 19:43
markets Strategy awards Food Experts reports Schools CDSCO may regulate health supplements to stem unapproved claims by firms
health claims associated with supplements will be under stricter scrutiny as a government panel proposes to shift it under the control of drug regulator instead of Foods Safety and Standards Authority of India (FSSAI). The expert panel was earlier formed to look into addressing the overlapping concerns between nutraceuticals and drugs. People in the know told ET that the panel has proposed that the claims related to cure or promise to mitigate disease disorder or condition including disease risk reduction (DRR) shall be regulated by the Central Drugs Standard Control Organisation (CDSCO). «The DRR claims or products having properties for treatment of a disease shall not be approved under FSS,» said a source, sharing that a report has been sent to the health ministry, drug regulatory authority and FSSAI. Another person said that the same has been proposed to strengthen the regulatory mechanism for claims. «The DRR claims are widely used by manufacturers without approvals. These claims are also manipulated in such a way that mimics treatment cure of any specific disease,» he said.
04.11 / 19:43
markets UPS Strategy awards exclusive Schools Novel Jewels to open 100 stores in 18 months
Novel Jewels, the jewellery business vertical of Aditya Birla Group, is planning to open 100 stores across India in the next 18 months with an investment of '5,000 crore, its chief executive Sandeep Kohli said. Besides owned stores, the company also plans to look at franchisee models, Kohli told ET in an exclusive interaction. «We've already got a huge unsolicited kind of response from people wanting to be our franchisees. So we will very soon roll that model out,» he said. Novel Jewels, which owns the Indriya jewellery brand, hopes to cash in on the increasing trend of jewellery consumption moving from the unorganised sector to branded players.
04.11 / 19:43
markets Strategy Boxing film Trade show Schools Weekend dhamaka at Box Office: Collections from Singham Again, Bhool Bhulaiyaa 3 top Rs 230 cr, lift exhibitors’ hopes
According to early reports from the trade circuit, the combined collection of these two releases for the last weekend (Friday to Sunday) was ₹231.4 crore. While Singham Again made box-office collections of ₹121.2 crore, Bhool Bhulaiyaa collected ₹110.2 crore, they said. «After a long period, two big films released in theatres on the same day. The festival period provided the much-needed boost required at the box office in terms of strong collections,» said Girish Wankhade, a movie trade analyst. These films, however, are not competing at the box office, he said. «Screens were not proportionately shared between these two films. The ratio of screen count between the two films is 60:40 with Singham Again receiving 60% of the total screens...»
04.11 / 19:43
markets Provident Strategy Election Photos show Schools What form of ID do you need to vote on US Election Day?
A voter registration is not actually required for voting rather it can be used as a form of identification. USA gov noted that if an individual does not have the required ID, many states out there will allow them to vote after signing a form affirming their identity whereas, other states might permit them to cast a provisional ballot eventually. Also Read: Fire Country Season 3 Episode 4: Check out release date, time, where to watch and upcoming episode schedule
04.11 / 19:43
markets Provident Strategy Election Bill Photos show US election 2024: Can I Vote Without an ID? What You Need to Know About ID Requirements by State
Certain states demand identification with a photo to verify the voter, such as a driver's license, state-issued ID card, tribal ID, military ID, or other documents. Other states, as stated by NCSL, accept identification that does not include a photo, such as a name and address on a bank statement or another document. Voters who are waiting to cast their ballots in person on election day may or may not be required to present identification. It all depends on their residence.
04.11 / 19:43
markets Merit Strategy awards Department recommendations International Government calls applications for RBI Deputy Governor position
Michael Patra at the Reserve Bank of India (RBI). Patra's extended term ends in January. Applicants need to have at least 25 years of work experience in public administration or similar years of experience in Indian or international public financial institutions. Interestingly, no economics degree or experience has been made mandatory though as the head of the crucial monetary policy department, this post oversees the department of statistics, department of economic policy, and research and financial market operations and regulations. Patra has been one of the four deputy governors in the RBI for close to six years. He is on his second one-year extension which will end in January 2025.
04.11 / 18:27
markets Strategy awards DNA country International Royal Enfield unveils The Flying Flea C6: A new era of electric motorcycles
The fully electric motorcycle — available for retail in the spring of 2026 — will be priced at a premium to electric scooters available in the market today. The company is yet to decide on the country in which it will launch the vehicle sometime in the next fiscal year, but said it will be the first of many products which will be introduced under the Flying Flea brand. Siddhartha Lal, Managing Director, Eicher Motors, said, “We believe in this as a starting point of a family, that is going to grow. We are going to keep at it as we go doggedly…keep evolving, keep changing but with this concept and idea in mind." The company will also introduce EVs under Royal Enfield brand, Lal clarified.

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