SUN Financial News

British Airways flight, because of a flight attendant dying during the take-off from London, as per reports. In a tragic turn of events during the holiday travel rush, the flyers witnessed the flight attendant, who was 52-year-old, collapsing on the plane. The flight was expected to leave from the Heathrow Airport in London on New Year's Eve to Hongkong, according to The Sun. The doors of the plane were locked and the passengers were seated when the crew member fell to her death. It was requested by the captain that anybody on the flight, who has experience in the medical field to help the dying crew member. However, despite receiving help from a fellow passenger, police, and medical professionals, she collapsed and could not be saved. Thereafter the flight was called off stating a 'medical emergency'.

ISRO chief S Somanath on Friday said the PSLV XPoSat launched on January 1 is doing «very well». Somanath was speaking to reporters on the sidelines of the convocation of the Jawaharlal Nehru Technological University (JNTU) here. He was conferred Doctor of Philosophy (Honoris Causa) by the JNTU during the convocation.

GE Power India Ltd.(up 11.70%), Transformers & Rectifiers(India)Ltd.(up 6.37%), Indo Tech Transformers Ltd.(up 4.99%), Power and Instrumentation(Gujarat)Ltd.(up 4.94%), Suzlon Energy Ltd.(up 4.90%), RattanIndia Power Ltd.(up 4.52%), NHPC Ltd.(up 4.19%), Reliance Power Ltd.(up 3.28%), CESC Ltd.(up 2.78%) and Torrent Power Ltd.(up 2.32%) stood among the top gainers. KKV Agro Powers Ltd.(down 10.00%), GE T&D India Ltd.(down 3.51%), NLC India Ltd.(down 2.49%), Inox Wind Ltd.(down 1.53%), JSW Energy Ltd.(down 1.48%), Voltamp Transformers Ltd.(down 1.36%), Adani Energy Solutions Ltd.(down 1.33%), Adani Power Ltd.(down 1.33%), Inox Wind Energy Ltd.(down 1.18%) and Adani Green Energy Ltd.(down 1.09%) were among the top losers of the day.

Shares of GlaxoSmithKline Pharmaceuticals Ltd.(up 2.84 per cent), Biocon Ltd.(up 2.71 per cent), Abbott India Ltd.(up 1.33 per cent), Natco Pharma Ltd.(up 1.28 per cent) and Gland Pharma Ltd.(up 0.73 per cent) ended the day as top gainers in the pack. On the other hand, Sun Pharmaceutical Industries Ltd.(down 0.97 per cent), Torrent Pharmaceuticals Ltd.(down 0.91 per cent), Granules India Ltd.(down 0.91 per cent), Laurus Labs Ltd.(down 0.75 per cent) and Cipla Ltd.(down 0.75 per cent) finished as the top losers of the day.

Aditya-L1 satellite, India's inaugural space-based solar observatory, is set to arrive at its designated orbit, as informed by the Indian Space Research Organization (ISRO) that the satellite is scheduled to reach its destination orbit on January 6 at 4 pm. Earlier, ISRO Chairman S Somanath told ANI “Aditya-L1 is going to reach its L1 point on January 6 and we are going to do the final manoeuvre to keep it there." Aditya-L1 is anticipated to remain for the next five years. Situated at a distance of 1.5 million km from Earth, the Aditya-L1 satellite, launched from Sriharikota on September 2, will execute a crucial manoeuvre upon reaching L1.

Aditya L1 mission, aimed at studying the Sun, is swiftly approaching its crucial moment of settling into its designated orbit, expected to occur on the evening of January 6. Launched on September 2, the spacecraft is on the cusp of entering what's termed a 'halo orbit' around the Lagrange Point 1 (L1), a unique position within the dynamic Sun-Earth system. L1 stands out among the five points in this system where the gravitational forces between the Earth and the Sun reach equilibrium, making it relatively stable and ideal for the spacecraft's observations.

United Cup opening the season. Sydney and Perth are co-hosting the second edition of the tournament, which sees nations face off in a mixed-gender format. Everyone's eyes will be on Iga Swiatek and Novak Djokovic who are in representing their respective countries. So far, Spain vs Brazil, Canada vs Chile, Poland vs Brazil, Poland vs Spain, Greece vs Chile, Greece vs Canda, Great Britain vs Australia, USA vs Great Britain, USA vs Australia, Italy vs Germany, France vs Germany, France vs Italy, Czech Republic vs China, China vs Serbia, Czech Republic vs Serbia, Netherlands vs Norway, Croatia vs Norway, Croatia vs Netherlands, Poland vs China has taken place.

TAIPEI—Nearly a year after the appearance of a suspected Chinese spy balloon over the U.S. sent relations between Beijing and Washington into free fall, high-altitude balloons from China have again been spotted floating over sensitive territory. This time, it is the main island of self-ruled Taiwan, which is days away from holding a presidential election with ramifications for the future of U.S.-China relations.

Natural Gas Corporation (ONGC), Reliance Industries-BP consortium, Oil India, and Dilip Shanghvi’s Sun Petrochemicals Pvt. Ltd have won oil and gas exploration blocks in the eighth round of the Open Acreage Licensing Policy (OALP-VIII). India had offered 10 blocks for bidding of which ONGC won seven, Oil India, Sun Petrochemicals, and a consortium of Reliance Industries Ltd and BP Plc got one area each. Contracts for the 10 blocks were signed on Wednesday. «Estimated investments in awarded blocks for committed exploration work program is to the tune of $233 Million,» said a press statement from the Ministry of Petroleum and Natural Gas. Five companies-- ONGC, Vedanta Ltd, Oil India Ltd (OIL), Sun Petrochemicals Pvt Ltd, and Reliance-BP Exploration (Alpha) Ltd had put in 13 bids for the 10 blocks on offer. The press statement added that steps are being taken to augment India’s E&P sector by increasing India's exploration acreage to 0.5 million sq.

₹1,304 in the initial trading hours on January 3. This surge followed the company's announcement of acquiring an Israel-based firm. The acquisition of Libra Merger Ltd marks Sun Pharma's second venture in Israel, following the notable acquisition of Taro Pharma.

Lewiston, Maine, urged residents to shelter in place Wednesday night as they searched for an active shooter responsible for “multiple casualties” at at least two locations in the city.Maine Public Safety Commissioner Michael Sauschuck said at a late-night news conference that hundreds of officers were searching for Robert Card, who was identified by police as a person of interest in the shootings. He was considered armed and dangerous.Sauschuck said “a couple of shooting incidents occurred here with multiple casualties” in Lewiston just after 7 p.m. Eastern.

Thousands of hotel workers fighting for new union contracts rallied on the Las Vegas Strip where at least 58 who were blocking rush-hour traffic have been arrested

CEO, Bajaj Finserv Asset Management said, “Our Banking and PSU Fund opens the door for investors to tap into the fixed income investment opportunities available in the banking and PSU space while enjoying the benefits of professional fund management. It is suitable for investors who want relatively stable investment options for their capital.

literary world ignores her. Publishing is an odd business. It is worth around $37bn in Britain and America alone, but you would never know this from the literature that it produces, which focuses on books in the brainy vein rather than anything so vulgar as volumes that actually sell.

(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) After the announcement of these measures, shares of two major residential property developers Sun Hung Kai Properties and Henderson Land eased 0.2% and 1%, respectively, in early afternoon trading. Additionally, stamp duties for stock transactions would also be reduced to 0.1% from 0.13% to help bolster liquidity in the Hong Kong market.

Top 10 equity funds in 2023. We thought of identifying the schemes that have lost the most in 2023. We looked at the equity and equity-oriented categories: large cap, mid cap, large & mid cap, multi cap, flexi cap, focused, value/contra, small cap, ELSS, sectoral/thematic, aggressive hybrid, arbitrage, balanced advantage and dynamic asset allocation, equity savings, index and ETF schemes. We considered regular and growth option schemes. We were in for a pleasant surprise. Most equity schemes offered positive returns in 2023. There were very few schemes that offered negative returns. And the biggest losers (we chose four schemes that lost over 5%) were from the international fund category. See table below for details. Mirae Asset Hang Seng TECH ETF lost the most of around 11.27% in 2023. The scheme was launched in December 2021. The scheme lost 6.45% in 2021 and 18.77% in 2022.

Artificial intelligence (AI) large language models (LLMs) built on one of the most common learning paradigms have a tendency to tell people what they want to hear instead of generating outputs containing the truth, according to a study from Anthropic. 

NBA season officially begins Tuesday and the first game will be played between the defending champion Denver Nuggets and the L.A Lakers. It will be followed by the Golden State Warriors vs. the Phoenix Suns game. TNT has the exclusive rights for Tuesday night’s games. It will come out with a variety of ways to stream the action live online without cable.

NBA season 2023-24 is officially commencing tonight in Denver and is scheduled to run until the finals in April. The season begins with an exciting matchup as the defending champion Denver Nuggets face the LA Lakers at 7:30 pm (ET) on Tuesday night, followed by the Golden State Warriors vs Phoenix Suns at 10 pm (ET). These four teams are among the most entertaining in the league. Tuesday night's games will be exclusively broadcast on TNT, and there are various ways to stream the action live online without cable. Coverage will be distributed across TNT, NBA TV, ESPN, and ABC. The first games on Tuesday include the Denver Nuggets vs LA Lakers and the Golden State Warriors vs Phoenix Suns on TNT. For those without cable, there are still plenty of options to stream the games live online through platforms like DirecTV Stream, Sling TV, Hulu+ Live TV, and Fubo TV. NBA teams currently have about $4.8 billion in salary committed to players for this season, meaning the average per team is around $160 million. Just three seasons ago, only two teams spent more than $160 million. The total NBA payroll — for now, pending changes based on whatever happens during the season that starts on Tuesday night — is up about 7% over last year, and has risen by 26% over what teams were paying just three years ago. The teams with the six biggest payrolls going into this season, in order: Golden State, the Los Angeles Clippers, Milwaukee, Phoenix, Philadelphia and Miami.

The Warriors vs. Suns game will be broadcast on TNT. If one prefers to stream the game, one can do so through Watch TNT or Sling TV in the US. The tip-off for the Warriors vs. Suns is scheduled for around 10 pm (ET) on Tuesday, October 24, and the game will take place at the Chase Center in San Francisco. Kevin Durant begins his 17th season by experiencing a first when the Phoenix Suns and Golden State Warriors tip off their 2023-24 campaigns at the Chase Center in San Francisco on Tuesday night. Immediately following the NBA opener between the Los Angeles Lakers and Denver Nuggets, with the Nuggets to receive their 2023 championship rings, the TNT spotlight will shine on the Suns and Warriors, both of whom will be beginning a quest to dethrone the defending champions. Seeded fourth and sixth, respectively, in the Western playoffs last year, the Suns and Warriors saw their championship bids end in the conference semifinals, the Suns falling in six games to the Nuggets, the Warriors likewise losing four of six to the Lakers. The opening matchup also gives the 35-year-old Durant a chance to perform in front of the fans he thrilled for three seasons while leading Golden State to championships in 2017 and 2018.

Many people will soon be picking their health insurance plans for 2024: November is a common month for workplace open enrollment, and the public marketplace opens Nov. 1.