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private equity fund True North on Monday announced a foray into private credit, joining a slew of other entities which have started dabbling in this space. The firm said it had set up a fund in 2022, and has already raised over Rs 1,000 crore.

Iran's navy on Monday added a destroyer capable of launching cruise missiles to its Caspian Sea fleet, state media reported. The 1,400-ton Deilaman destroyer, named for a town in north of Iran, is 95 metres (312 feet) long and 11 metres (36 feet) wide and is able to launch torpedoes while travelling at 30 knots (56 kph, 35 mph), the state-owned IRNA news agency said.

Electric buses will be at the forefront of India’s electrification drive with the segment expected to witness healthy traction going forwards expects ICRA. 

S&P Global Ratings on Monday raised India’s growth forecast for the current financial year to 6.4 per cent, from 6 per cent, saying that robust domestic momentum has offset headwinds from high food inflation and weak exports. The US-based rating agency, however, has cut growth estimates for the next fiscal (2024-25) to 6.4 per cent, as it expects growth to slow in the second half (October-March) of the current fiscal, on higher base impact and subdued global growth. “We have revised up our projection for India’s GDP growth for fiscal 2024 (ending in March 2024) to 6.4 per cent, from 6 per cent, as robust domestic momentum seems to have offset headwinds from high food inflation and weak exports.

Alia Bhatt is the latest victim of deepfake video where the actress' face was morphed into another model in a obscene video. It has garnered attention of many and raised concern about online safety.

Read here: Exit polls, GDP data, F&O expiry, auto sales to guide market direction this week The agency also noted that GDP exceeded the 2019 level by 15.5 percent in India in the first half of the current fiscal. Also, fixed investment has recovered considerably more than private consumer spending, it added. S&P also believes that it will take some time for India's interest rate cycle to turn as the headline inflation still remains above the RBI's target of 4 percent.

TikTok is trying to tap in to shoppers in the U.S. So-called social shopping is already a huge phenomenon in Asia. Success isn’t guaranteed—and politics could intervene.

Meta, the social media company behind platforms such as Instagram and Facebook, is being sued by 33 US states for, among other things, illegally collecting the personal data of underage users. Also Read| Is Meta trying to dodge requirements of India’s Personal Data Protection law? The allegations against Meta are part of a federal lawsuit filed last month by 33 US states, including California and Colorado, in a federal district court in California.

Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday

ANI, both shooters were arrested in the Mayur Vihar area. As reported by India Today citing police, the shooters had planned to attack a Punjabi singer.

Every month, Mint’s Plain Facts section brings out an update on key global economic data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts attempt to explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India. This time, we explain incoming central bank decisions in various countries, and the deflation in China that’s raising questions about its growth prospects.

Joe Biden said he hoped the temporary truce between Israel and Hamas can go on as long as hostages are being released, after the militant group freed 17 more people, including a 4-year-old Israeli-American girl. Hamas said it wanted to extend the pause in fighting, which will enter its fourth day and final agreed day on Monday, if serious efforts were made to increase the number of Palestinian detainees released by Israel. Thirty-nine teenage Palestinian prisoners were released by Israel on Sunday, taking the total since the truce began to 117. Hamas said it had handed over 13 Israelis, three Thais and one with Russian citizenship, and the International Committee of the Red Cross confirmed it had successfully transferred them from Gaza on Sunday. Biden said the 4-year-old hostage, Abigail Edan, had witnessed her parents being killed by Hamas fighters during their Oct. 7 rampage into Israel and had been held since then. «What she endured is unthinkable,» Biden said at a news conference in the U.S. Abigail was on her way to the hospital for checks, Israel's Channel 13 said.

global megatrends in 5G, data centers, electronic vehicles, healthcare, artificial intelligence, and Industry 4.0. Three EMS players namely Kaynes, Avalon, and VVDN entered into Transfer of Technology (ToT) licensing with the Central government for the development of Advanced Computing (CDAC) for developing ‘high performing computing servers (HPC)’. The supply chain has still not come up in India and EMS players are dependent on component imports. The government has recently given approvals for defence acquisitions/procurements amounting to ~INR78b. In the long term, combined revenue for the MOSL EMS coverage basket is poised to register a 38% CAGR over FY23-26E, aided by an improvement in high-value product mix (box builds) and increasing order flows from high-margin industries such as A&D, Clean Energies, Industrials, etc. Consequently, combined EBITDA margin is likely to expand by a few basis points more to reach ~14.0% by FY26, with EBITDA CAGR of ~40% to reach INR19.8b over FY23-26 from INR7.3b only in FY23 The Jul-Sep quarter is a seasonally weak period for the EMS industry.

Rourkela-Bhubaneswar Vande Bharat Express (20835) train was damaged due to stone pelting between Meramandali and Budhapank on the Dhenkanal-Angul railway section in Odisha, officials said on Sunday. According to officials, the incident was reported by the on-duty RPF Escorting Staff. Following the information, the security wing of the East Coast Railway zone (ECoR) alerted the Railway Protection Force (RPF) and the Government Railway Police (GRP).

Australia's competition watchdog said on Monday new competition laws are required in response to the rapid expansion of digital platforms such as Amazon, Apple, Google, Meta and Microsoft in the country. The Australian Competition and Consumer Commission (ACCC) in its latest report for the Digital Platform Services Inquiry raised concerns that expansion of these platforms has increased the risk of them engaging in harmful behaviour, such as invasive data collection and practices that lock in customers and limit their choices.

Lava plans to pump in over ₹500 crore into research and development, and marketing in the next two years, targeting 100% year-on-year growth in the coming years with a focus on '5G-fying' the budget smartphone segment, newly elevated managing director Sunil Raina told ET. The company has seen its revenue triple in the past three years since relaunching its smartphone brand in 2020, while its volumes have grown 2.5 times, underpinning a resurgence after being pushed out of the market by Chinese brands since its peak in 2014. «My top priority is to see how to bring more value to the consumers. Secondly, it is to make sure that we grow at least at a 100% rate for the next 3-4 years, that's the key objective.

SBI) managing director Diwakar Gupta is set to take charge as the chairman of the government-backed bad loan aggregator National Asset Reconstruction (NARCL), after the Reserve Bank of India (RBI) approved his nomination late last week, said three people aware of the development. Gupta, who is the chairman of the bad bank's agent, India Debt Resolution (IDRCL), will resign from the job to take charge at NARCL in the first week of December, the people said. «The RBI has given its approval a couple of days ago, clearing the decks for Gupta to take charge.

Danielle Smith will be using the province’s Sovereignty Act to challenge Ottawa’s requirement to achieve a net-zero electricity grid by 2035.Smith confirmed the plan on 630 CHED’s and QR Calgary’s Your Province Your Premier on Saturday.During the radio show, Smith said the province tried to work collaboratively with the federal government to make the province’s electricity grid net zero by 2050. However, Ottawa’s target of 2035 is “unachievable” and will make electricity unaffordable for Albertans, she said.“We will not put our operators at risk of going to jail if they do not achieve the unachievable,” she said.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Boeing and C3 and downgrades for Virgin Galactic and Urban Outfitters.

ALSO READ: Breathless? Know the costs of rising air pollution in cities Roychowdhury said that these plants have not been able to meet the standards and "are at varying stages of progress simply because the target dates for compliance (with emission control norms) are shifting continually". The recent study by the environmental think tank focused on particulate matter, nitrogen oxide and sulphur dioxide emissions from the 11 thermal power plants (TPPs) in Delhi-NCR.