US Presidential Debate which took place on Tuesday while ABC moderating it was claimed to be disastrous by most of the right-wing people, journalists and eminent personalities. Specifically, Donald Trump’s performance in the debate was termed as ‘Disaster’ after the debate completion.
Former Indian hockey goalkeeper PR Sreejesh has expressed gratitude to Prime Minister Narendra Modi for acknowledging his family's sacrifices. PM Modi praised Sreejesh's contributions to Indian hockey and wished him success as the Head Coach of the Junior Men's team. Sreejesh thanked the PM and pledged to continue serving Indian hockey.
Satin Creditcare Network plans to raise $5 million through bonds at an all-inclusive cost of 11.32%. The bonds, maturing in 36 months, will be issued on September 25 with a coupon rate of 7.9% linked to SOFR. Interest is payable semi-annually. Last week, the company raised Rs 120 crore in a securitization deal with HSBC India.
US presidential debate between Donald Trump and Kamala Harris has generated a raft of memes on the social media.
India's renewable energy companies, including Adani Green Energy and Tata Power Renewable Energy, are ramping up hiring to support the nation's goal of net zero emissions by 2070. They seek talent in areas like project management, data science, and solar manufacturing. Companies are also collaborating with government bodies and engineering colleges for recruitment and upskilling initiatives.
Honkai Star Rail's physical Trailblazer Edition will release on PS5 on March 31, 2025. Players can pre-order it now for $39.99. The edition includes exclusive content like holographic cards, key chains, a postcard and a redemption code for in-game rewards. It is available only at Best Buy.
India's global capability centres are projected to grow significantly, reaching a market size of $99 billion-$105 billion by 2030 from $64.6 billion in fiscal 2024. The growth is driven by the talent pool and increased multinational investments. The number of companies with GCCs in India is expected to rise to around 2,100-2,200 by 2030.
Domestic equity indices fell on Wednesday as investors took profits before U.S. inflation data. The Nifty 50 and Sensex both dropped 0.49%. Analysts suggest the Nifty faces support at 24,800 and resistance at 25,200, with potential further declines if key levels are breached.
Citadel: Diana will be available on Prime Video on October 10, 2024. The six-episode series stars Matilda De Angelis as undercover agent Diana Cavalieri. The show is set in 2030 Milan and follows her mission to fight a powerful syndicate, Manticore. It is an Italian installment of Prime Video's global Citadel franchise.
India and the US are collaborating to become self-reliant in critical minerals, strengthen supply chains, and adopt advanced technologies. Commerce and Industry Minister Piyush Goyal announced his upcoming visit to Washington for the India-US CEO Forum. He emphasized the strategic relationship between the two nations and their shared interests in bilateral and geopolitical issues.
The Defence Ministry has approved the Indian Navy's Rs 2,500 crore plan to build 100-tonne unmanned underwater vessels. These vessels will enhance the Navy's capabilities in underwater operations, including mine laying, surveillance, and launching weapons. A tender for the project will be issued soon under the Aatmanirbharta initiative.
The Union Cabinet, led by PM Narendra Modi, has approved the Pradhan Mantri Gram Sadak Yojana - IV for FY 2024-25 to 2028-29 with a budget of Rs 70,125 crore. This initiative aims to construct 62,500 km of roads, connecting 25,000 unconnected habitations and upgrading bridges using advanced construction technologies.
Former US President Donald Trump has issued a warning to singer Taylor Swift after she endorsed his rival Kamala Harris. Trump criticized Swift for her liberal stance and suggested she might face consequences in the marketplace. He also commented on Swift's friend Brittany Mahomes, who faced backlash for liking a post by Trump.
J.D Vance of Republican Party and Tim Walz of Democratic Party will compete in a debate show just 5 weeks before the polls, arranged by CBS News. CBS News has proposed them with four dates through X, of which both of them agreed with October 1.
India will purchase soybeans from farmers in Madhya Pradesh at government-set support prices to assist those affected by falling domestic rates. This move follows similar agreements in Maharashtra and Karnataka. Soybeans are crucial for producing soyoil, reducing edible oil imports, and generating soymeal for animal feed and export.
The EU is potentially overstating its climate-friendly spending by billions of euros, according to auditors. Examples include IT systems and salaries being labeled as green. The EU's goal is to allocate 37% of its COVID-19 recovery fund to climate measures, but the current methodology may lead to exaggerations.
Long unwinding occurs when investors sell positions or stocks they have held for an extended period, either to lock in profits or to exit in anticipation of a potential market downturn.
Yields on the 10 year benchmark yields softened to a 30-month low to 6.82%, tracking a softening in the US bond yields due to a fall in crude oil prices yesterday. This is the lowest level since March 31st 2022, LSEG data showed.
NXP Semiconductors plans to invest over USD 1 billion to double its R&D activities in India. The company aims to enhance its presence in the automotive and industrial sectors. NXP has been in India for 50 years and employs around 3,000 people. Renesas Electronics and Tata Electronics also announced significant expansions in India.
Morgan Stanley analysts re of the opinion that a cut of 25 basis points would be helpful for combating the weaker jobs data, and delay the impending US recession. The US Federal Reserve needs to think very carefully before taking any call, as any misstep would end up hurting the US stock markets drastically.
Congress President Mallikarjun Kharge criticised the BJP and PM Narendra Modi, claiming their developmental projects have failed. He also condemned the PM's international visits amidst domestic crises and questioned the conversion of Jammu and Kashmir into a union territory. Kharge accused the BJP of failing to address unemployment and local issues in the region.
US lawmakers are set to vote on temporary funding to prevent a government shutdown, as internal Republican conflicts increase pressure on party leaders. The proposed six-month extension includes a controversial measure requiring proof of citizenship for voter registration. President Biden's administration opposes this, fearing it could block eligible voters.
