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The global opportunity for the EV battery chain is estimated to reach USD 300 billion by 2030.

Atul Bora said that with supportive policies, Assam has achieved an 85% increase in exports over the last six years, underscoring the potential of export-oriented farming. The Confederation of Indian Industry (CII) organised a North East Rural Conclave on 23 October 2024, at Guwahati marking a pivotal moment for the North Eastern Region as it undergoes rapid economic and industrial transformation. The conclave spotlighted rural development as a crucial entity for social and economic advancement, providing a dynamic platform for stakeholders to address the emerging demands for both farm and non-farm products, along with advancements in the service sector. Bora said with supportive policies, Assam has achieved an 85% increase in exports over the last six years, underscoring the potential of export-oriented farming. To maintain this momentum, fostering synergy among government departments and stakeholders is essential. He emphasized that financial resources are vital for effective rural development, particularly in the Northeast, where agriculture is the primary livelihood. Access to financial capital is crucial to implement modern farming techniques, invest in sustainable practices and enhance productivity

SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year. The company played down market concerns about an oversupply of the chips used in generative AI chipsets, saying production of higher-margin HBM chips was limited due to technological challenges, while demand was proving stronger than expected. «We believe that it is premature to talk about demand slowdown for AI chips and HBM at this point,» Kim Kyu Hyun, SK Hynix's head of DRAM marketing said on a conference call, citing ever-increasing requirements for computing power.

immigration policy, Canada is set to reduce the number of immigrants it will admit in the coming years. A government source told Reuters, the new targets will see a decrease from 485,000 new permanent residents in 2024 to 395,000 in 2025, 380,000 in 2026, and 365,000 in 2027. This decision marks the first time in years that the Canadian government has lowered its immigration targets. The number of temporary residents will also decrease, with 2025 projections targeting 300,000, down by 30,000 from previous levels. The shift in policy was initially reported by The National Post. Canada has traditionally been known for its openness to newcomers. However, the landscape has changed in recent years amid a national debate fueled by rising housing costs. As interest rates increased over the past two years, home affordability has become a pressing concern for many Canadians. A surge in the immigrant population has contributed to record levels, intensifying demand for housing and pushing prices further up.

Nifty continues to face resistance at the higher levels and it has closed below its previous support of 24,700 for the second consecutive time, indicating weakness in the short term. Until the index is not able to close above 24,700 the overall short-term trend remains negative.

For very good reasons, most banks discourage people from talking about politics on the trading floor or in the office.  Even more than sports, religion or Bitcoin, it’s an area where really destructive bad blood can be created in a very short space of time.  Jamie Dimon knows this as well as anyone, having had to quickly apologize for making some ill-considered remarks about the Chinese Communist Party in his time.  So it’s unsurprising that, despite his normal willingness to talk about issues of the day, he has a firm policy of never endorsing Presidential candidates.

US elections are just inches away now and with it, the hopes and aspirations of the middle class are also in major consideration. According to John F. Pace, a seasoned CPA with over 40 years of experience, a second Trump term would likely impact the middle class through tax policy changes. During Trump's first term, the Tax Cuts and Jobs Act (TCJA) of 2017 offered limited benefits to middle-income earners, while providing more extensive benefits to the wealthy and corporations. Pace warns that similar policies in the future could result in minimal tax relief for the middle class, leading to larger budget deficits and potentially paving the way for future tax increases or cuts in essential services. The nonpartisan Brookings Institute has also weighed in on the impact of the TCJA, stating that the law does not help the middle class in the least bit. The institute's distributional analysis found that the benefits of the law are slightly biased towards the high income earners, both in the short and long term. By 2027, the benefits of the tax law are expected to flow entirely to the rich.

Netflix has renewed the romantic drama Virgin River for a seventh season. This renewal arrives two months before the Season 6 premiere. The cast made this announcement on the official Instagram page of Virgin River.

Liam Payne before his death. Following Liam Payne's untimely death on Wednesday after he fell from a hotel balcony in Buenos Aires, Argentina, a hotel employee may face indictment in connection with the One Direction star's death, as quoted in a report by Daily News. The 31-year-old pop star is thought to have consumed a substance called cristal before passing away, according to Argentine police. Hallucinations, aggressive behavior, and psychotic episodes are possible side effects of the drug, according to the Daily News.

HUL) has provided a cautiously optimistic outlook for the upcoming quarters, suggesting that demand trends are likely to remain stable. As the FMCG giant navigates the evolving market landscape, it anticipates that low-single-digit price growth may be achievable if commodity prices stabilise at their current levels. In its second quater result the FMCG major witnessed a decline in food & refreshment and personal care segment. HUL's expectation of low-single-digit price growth is contingent on the stabilisation of commodity prices. Inflation often drives up the costs of raw materials, which can lead to increased prices for consumers. By indicating that price growth may remain stable if commodity prices stabilise, it could possibly mean easing inflationary pressures, which would be beneficial for both the company and consumers. Rohit Jawa, CEO and Managing Director of HUL, noted that while urban markets have experienced moderating growth in demand, rural areas are on a path to gradual recovery.

Yann LeCun, vice president and chief AI scientist at Meta on Wednesday. Social media giant Meta's first Build with AI Summit in India was held here to discuss AI's transformative role in shaping the future of humankind. «AI assistants will eventually be smarter than us, but we should not feel threatened by that. We should feel empowered by it. It's kind of like everybody would walk around with a staff of smart people working for them. There is nothing better than working with people smarter than you, right?» said LeCun in his keynote address. According to him, everybody is going to be smarter because of that. «It's not just people like us in the tech community or in academia. It's going to be everyone. Everyone in India, even in rural areas, can ask questions to their AI assistants in their own language or for health issues, whatever. And it's a very different future that will become possible,» he added.

Xi Jinping held their first formal talks in five years on Wednesday, signalling that ties between the Asian giants damaged by a deadly military clash in 2020 had begun to recover. The two leaders met on the sidelines of the BRICS summit in the Russian city of Kazan, the Indian government and Chinese state media said, two days after New Delhi announced that it had reached a deal with Beijing to resolve the four-year military stand-off on their disputed Himalayan frontier. Relations between the world's two most populous nations — both nuclear powers — have been strained since a clash between their troops on the largely undemarcated frontier in the western Himalayas of Ladakh left 20 Indian and four Chinese soldiers dead in 2020.

Groww Mutual Fund has filed a draft document with Sebi for Nifty 500 Momentum 50 ETF Fund, an open‐ended scheme tracking the Nifty 500 Momentum 50 Index – TRI. The investment objective of the scheme will be to generate long-term capital growth by investing in securities of the Nifty 500 Momentum 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Momentum 50 Index, subject to tracking errors. Also Read | 8 smallcap MFs multiplied SIP investments by over 2.25x in 5 years

PM Modi on Wednesday invited BRICS nations to adopt India's Unified Payments Interface (UPI) in their markets and welcomed steps for financial integration in amongst the nations. Modi said that UAE had adapted the UPI payments system and Mauritius has also expressed an interest for the technology.

Cooke will work closely with the firm's chief investment officer to strengthen and expand the CIO function, with a focus on enhancing portfolio strategies, improving risk management processes and pushing for innovation in investment solutions.  The new deputy CIO is returning to ARC six years after he first joined as an investment consultant, having previously spent seven years at SVM Asset Management, now River Global Investors, where he co-managed the World Equity fund.  Former Odey Wealth director joins ARC Research in senior client role He left ARC in April 2019 after a six-mon...

Subscribe to enjoy similar stories. Patience paid off in a big way for Lime Rock Management. The private-equity firm recently sold the shares it received as part of the August sale of its majority stake in oil-and-gas producer CrownRock, notching what is perhaps one of the buyout industry’s biggest scores.

Subscribe to enjoy similar stories. Nearly a year after his departure from Axis Mutual Fund, Jinesh Gopani has resurfaced with a new alternative investment fund, Taksh AIF (a category III AIF). Its inaugural scheme is the Taksh India Enterprising Fund.

Subscribe to enjoy similar stories. Zomato Ltd’s September quarter (Q2FY25) result was decent. A key parameter – the gross order value (GOV) – of food delivery and Blinkit grew by 21% and 122% year-on-year, respectively.

marriages are emerging as a notable trend in Japan, where the total population decreased for the 15th consecutive year in 2023. The population fell by more than half a million people due to aging and low birth rates. Additionally, the number of marriages dropped below 500,000 for the first time since the 1930s. This unconventional marriage arrangement allows partners to live together as spouses while pursuing separate romantic relationships.

viral post on X has sparked outrage after revealing a manager’s heartless response to an employee who survived a serious car accident. The post, shared by user @kirawontmiss, includes a screenshot of their text conversation. Instead of offering concern or checking on the employee’s well-being, the manager’s message focused solely on the employee’s return to work. Some users urged the employee to quit immediately and use the screenshot as evidence in future job interviews if asked why they left. The screenshot begins with the employee sharing a photo of their car, which was severely damaged in the crash, clearly indicating the seriousness of the accident. Rather than expressing sympathy, the manager’s reply asks the employee to “keep me updated on what time you’re expecting to be here.” This dismissive response was followed by another message a day later when the employee did not respond promptly. In it, the manager states that only a death in the family would be considered a valid excuse for missing work, implying the accident was not reason enough to stay away.

Directorate of Education (DoE) in Delhi has announced new guidelines aimed at introducing 10 bagless days in schools, designed to create a more joyful and stress-free learning environment for students. This initiative targets students in classes six to eight across both government and private institutions in the national capital. These guidelines were developed by the National Council of Educational Research and Training (NCERT) following the recommendations set forth in the National Education Policy 2020.