Strategy Financial News
31.10 / 13:45
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'What is the source of your funds?' TMC minister questions agitating junior doctors
junior doctors who have been protesting the rape and murder of their colleague at the RG Kar hospital, West Bengal's Agriculture Minister Sovandeb Chattopadhyay sought to know the source of their funds that helped continue the agitation for over two months. Chattopadhyay was speaking at a post-Durga Puja get-together organised by the TMC at his constituency Khardaha in North 24 Parganas district on Wednesday. A video of his address went viral on Thursday, triggering a fresh war of words with the junior doctors. PTI did not independently verify the authenticity of the video. «May I ask them, why are you agitating? For what reason are you agitating? Why is all the anger directed at the government?» he said.
31.10 / 11:47
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New home: Elon Musk buys $35 million luxury mansion for his 11 children and two of their mothers
Elon Musk, has bought a compound in Austin, Texas which costs $35 million and it consists of three homes, standing within walking distance from one to another. According to New York Post, the main residence is a mansion of 14,400 square foot and it is made taking the inspiration from Tuscan villas accompanying a six-bedroom house directly.
31.10 / 11:47
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What is the connection between US elections and the 'daylight saving time' affecting 400 million Americans?
Daylight saving time (DST) affects approximately 400 million individuals across North America and is currently a focal point of discussion regarding its necessity. This biannual ritual of adjusting clocks forward in spring and back in autumn has been a staple in American, Canadian, and Cuban culture for over a century. However, recent legislative efforts and changing public opinions are prompting a reevaluation of its significance in today's world.
31.10 / 11:35
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Diwali in US: Are Diwali celebrations being hyped up by Biden to give Harris an advantage among Indian voters?
US elections. In some of the key battleground states, Indian-origin voters are so large in numbers, that election trends can change within a fraction of a second if these voters decided on rooting for a certain party.
31.10 / 11:15
FIVE
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Strategy
Sustainability
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Ninety One shuts Global Macro Alternative fund
The firm did not explain the reason for the closure but noted its multi-asset capability «remains strong». Additionally, the asset manager closed three share classes across two different strategies. For the UK Sustainable Equity fund, two share classes were closed at the end of September. Eight share classes for the strategy remain available and issued. Similarly, Ninety One shut down one share class for the Global Strategic Equity fund, with five remaining share classes available and in issue. Action underway to address performance on over 30% of Ninety One funds A spokesper...
31.10 / 10:51
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US elections: Will polls get it wrong again? Here's what pollsters are saying
US elections, where Donald Trump and Kamala Harris are stuck in a major political deadlock, with election trends showing that they are leading and trailing within the margin-of-error, which means that the fight can go either way when the election commences.
31.10 / 10:37
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rights
GT IPL Retention 2025: Shubman Gill, Rashid Khan likely to make a comeback; check Gujarat Titans' list of retained players here
Gujarat Titans hinted at retaining star batsman Shubman Gill and spinner Rashid Khan. For next month's IPL mega auction, Titans can use a right to match card to keep another player from their squad, as per the rules released by BCCI. Gill, the rising Indian cricket star, has reportedly opted for a pay cut to help retain key players and strengthen the team, according to what an IPL source told news agency PTI.
31.10 / 10:37
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Thailand foreign minister to visit India, meet S Jaishankar
Maris Sangiampongsa is scheduled to meet his Indian counterpart S Jaishankar here on November 2 as part of his soon-to-begin visit to India, according to the Ministry of External Affairs. Sangiampongsa is expected to arrive here late on Thursday night and depart on November 3, as per his itinerary shared in an advisory by the MEA. On November 1, the Thai minister will have engagements in the national capital while on November 2 he will meet External Affairs Minister Jaishankar at the South Block. Sangiampongsa visited New Delhi from July 11-13 for the second BIMSTEC Foreign Ministers' Retreat hosted by the Indian external affairs minister and for his first official visit to India.
31.10 / 10:37
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BJP raking up Waqf issue with eye on by-polls, Maharashtra election, says Karnataka CM Siddaramaiah
Siddaramaiah on Thursday alleged that BJP was raking up the «Waqf issue» with an eye on the upcoming assembly by-polls in the state and elections in neighboring Maharashtra. Following allegations by a section of farmers in certain parts of the state that their lands were marked as Waqf properties, he reiterated that none of them will be evicted, and notices issued to them will be withdrawn. «BJP is doing politics. Notices were issued during their (BJP) tenure too, what do they have to say about it? During BJP's tenure over 200 notices were given. One should not practice such dual politics,» Siddaramaiah said. Speaking to reporters here, the CM said, «I have already said that the notices will be withdrawn, where is the issue? In case the notices are issued they will be withdrawn and no one will be evicted, where is the issue?»
31.10 / 05:35
31.10 / 04:01
markets
Strategy
economy
wellness
Cycling
performer
Saurabh Mukherjea’s coffee can and tortoise strategies for surviving a downturn
Subscribe to enjoy similar stories. The latest quarterly earnings of Indian companies point to an economy that appears to be entering a cyclical downturn. On the other hand, large companies are now more reasonably valued than they were in the past four years, says Saurabh Mukherjea, founder and chief investment officer at Marcellus Investment Managers.
31.10 / 03:57
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Experts
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gatherings
Diwali Laxmi Puja 2024: Here's a step by step guide on how to worship the goddess of wealth
Laxmi Puja. It is believed that during this time, Goddess Laxmi, the goddess of wealth and prosperity, emerged from the milky ocean when gods and demons were churning it. To seek her blessings, people perform various rituals to honor the Goddess. The ritual is dedicated to Goddess Laxmi, who symbolizes wealth, success, and good fortune. It is believed that performing this puja brings prosperity and luck for the coming year.
31.10 / 03:57
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Citi
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Diwali Lakshmi Puja 2024 Time: Check city-wise shubh muhurat for Bengaluru, Delhi, Mumbai, Noida, Gurgaon & other major cities
Lakshmi Puja to honor the goddess of wealth and prosperity. This main event follows Dhanteras and will precede Bhai Dooj, with each day bearing its own rituals.
31.10 / 03:57
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fun
Features
Happy Diwali stickers: How to create personalized AI Diwali greeting stickers on WhatsApp to share with friends and family
Diwali 2024, Meta AI is offering users a fun, customizable way to send festive greetings through WhatsApp AI-generated stickers. Diwali, celebrated on October 31 this year according to the Drik Panchang, symbolizes the victory of good over evil, commemorated by Lord Ram’s return to Ayodhya. This year, many people away from home are taking advantage of AI features to send unique, personalized greetings to loved ones.
31.10 / 03:57
markets
Provident
Digital
security
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country
DoT seeks security compliance from Starlink and Amazon as they seek satellite service approval
DoT) has asked both Elon Musk-owned Starlink and Jeff Bezos’s Amazon to provide compliances regarding certain security parameters as it looks to process their applications for offering satellite communications services in the country. Officials aware of the details told ET that letters to both the US-based firms were sent recently and the department is awaiting their reply. “Their applications can be processed only after they submit the compliance. The firms have so far not replied,” said a person familiar with the details. Another official said the government will wait for some more time for their reply and may also send a reminder, but the applications won’t be processed till they agree to all the security conditions.
31.10 / 03:57
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Experts
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reports
Meta, Microsoft lift AI spending, worrying Wall Street ahead of Amazon results
Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested. Microsoft and Meta both said on Wednesday their capital expenses were growing due to their AI investments. Alphabet, too, reported on Tuesday that these expenditures would remain elevated. Amazon, which is set to report results on Thursday, is likely to echo these forecasts.
31.10 / 03:57
markets
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economy
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ETMarkets PMS Talk: We are bullish on India macro; October correction likely to offer better opportunities to investors: Amit Goel
rural distress, a still robust corporate capex outlook, and a cyclical recovery in the festive and wedding seasons,” says Amit Goel, co-founder and chief global strategist at Pace 360. In an interview with ETMarkets, Goel said: “We believe that with the October correction, we are in a better position, as expectations have come down. We have a clear runway of 2-3 months where the Indian economy can perform well, provided the global slowdown does not worsen,” Edited excerpts:
31.10 / 01:35
markets
Digital
Strategy
Election
Experts
PAM
Schools
US elections: Tim Walz heading for home-state loss in Minnesota? Here's what a new poll says
Tim Walz has been standing rock solid beside Kamala Harris ever since she joined the Presidential elections but it looks like he may end up losing his own home state, Minnesota, and there could be a multitude of reasons for that. Meanwhile, A Minnesota Post survey has now revealed that the fears are right, and Walz and Harris can indeed lose out on Minnesota, that could prove to be of strategic importance for Donald Trump and JD Vance.
31.10 / 00:57
markets
Digital
Waters
Strategy
Schools
Flash floods in Spain leave at least 95 dead
flash floods hit eastern Spain, according to local authorities, in one of the worst natural disasters to hit the country in recent years. The catastrophic floods, fueled by an unrelenting deluge that began Monday, washed away cars, inundated homes and knocked out power across eastern Spain. Rescuers waded through neck-high waters to reach some residents. «It was the worst moment of my life,» said Nuria Molio, 51, who was driving home from Valencia to a nearby village with her father, 84, when her car filled with water.
31.10 / 00:57
markets
Digital
Strategy
Experts
PAM
recommendations
Schools
Sebi plans to set a time frame for deployment of NFO funds
Sebi) has proposed that asset management companies must deploy funds collected through new fund offers (NFOs) within 30 days from the date of allotment of units. In exceptional cases, if the fund house is not able to deploy the funds within this timeframe then it should give the reasons in writing to the investment committee. The committee may extend the timeline by 30 days, while also making recommendations on how to ensure deployment within this timeframe and monitoring it.
31.10 / 00:53
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Strategy
innovations
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Autonomous truck company Aurora delays hauling freight without human drivers until April
Autonomous truck company Aurora Innovation says it won’t start hauling freight without humans on board until April of next year
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