The International Longshoremen’s Association (ILA), a major US union representing around 45,000 dockworkers, has ended its strike after reaching a tentative agreement with the United States Maritime Alliance (USMX), which represents ocean carriers and port operators. The strike, which began on October 1, 2024, was the first large-scale strike by the ILA since 1977, affecting […]
Vijay’s much-anticipated farewell film, tentatively titled Thalapathy69, is officially launching today with a pooja ceremony in Chennai. The film’s shoot is expected to begin tomorrow, kicking off with a song sequence, though the makers have yet to confirm this schedule publicly. Amidst the buzz, fans are eagerly waiting for clarification on persistent rumors that Thalapathy69 […]
The escalating conflict in the Middle East, particularly between Iran and Israel, has sent shockwaves through global markets, with India feeling the tremors. The Nifty 50 index and the S&P BSE Sensex, key indicators of the Indian stock market, have both seen a decline of over 1%. At 9.38 a.m., Sensex was down 589 points […]
In a sign of India’s booming equity markets, 15 companies submitted their initial public offering (IPO) draft documents to the Securities and Exchange Board of India (SEBI) on the last day of September. This brings the total number of IPO filings for the month to 41, marking the highest-ever filings in a single month. Market […]
Japan’s foreign and defense ministers announced on Wednesday that they are not moving forward with Prime Minister Shigeru Ishiba’s recent proposal to establish an “Asian NATO,” following opposition from key partners, including the U.S. and India. Ishiba put forth the idea ahead of his victory in Japan’s ruling party leadership election last Friday, suggesting that […]
The U.S. Food and Drug Administration (FDA) has approved Cobenfy (xanomeline and trospium chloride), for the treatment of schizophrenia, a chronic mental health disorder. Developed by Karuna Therapeutics and now owned by Bristol Myers Squibb, Cobenfy works by targeting cholinergic receptors unlike traditional antipsychotic medications that target dopamine receptors. This marks a significant departure from the conventional […]
As concerns over children’s screen addiction grow, a new study suggests that allowing students brief phone breaks in the classroom can actually improve their performance and reduce overall phone use, researchers reported on Wednesday. A team of U.S. researchers conducted a semester-long experiment, revealing that college students who were given just one-minute phone breaks […]
On the occasion of Gandhi Jayanti, Rahul Gandhi paid his respects to Mahatma Gandhi at Rajghat and urged everyone to lead a life without fear, echoing the teachings of the Father of the Nation. Rahul Gandhi also shared a video on his social media handle, emphasizing the importance of walking on the path of truth, […]
Indian stock exchanges have revised their transaction fees for cash, futures, and options trading, effective from Tuesday. Changes related to Tax Deducted at Source (TDS) and government bonds also came into force. According to the National Stock Exchange (NSE), the updated transaction fees are as follows: Cash market: ₹2.97 per ₹1 lakh of traded value. […]
The Securities and Exchange Board of India (SEBI) has announced a series of new measures aimed at curbing speculative trading in the futures and options (F&O) segment, after data revealed that nine out of ten participants have consistently lost money over the past three years. As part of the new regulations, SEBI has increased the […]
Ola Electric, led by Bhavish Aggarwal, continues to witness a decline in its market share within the Indian electric vehicle (EV) sector. In September, the company’s share dropped further to 27%, impacted by intensifying competition and issues surrounding its service centers. According to data from the government transportation portal Vahan, Ola Electric sold 24,665 e-scooters […]
Billionaire Gautam Adani’s flagship firm, Adani Enterprises, is gearing up to roll out its share sale as early as next week, according to sources familiar with the matter. This marks the company’s return to the public equity markets after a previous plan was shelved following a damning short-seller report in 2023. Adani Enterprises is planning […]
NTPC Green Energy, the renewable energy arm of state-run NTPC, has submitted draft papers to the Securities and Exchange Board of India (SEBI) to raise ₹10,000 crore through an initial public offering (IPO). The entire IPO consists of a fresh issue of equity shares, with no offer-for-sale (OFS) component, according to the draft red herring […]
Iran’s overnight ballistic missile strike on Israel has sent shockwaves through global markets on expected lines with a significant shift in investor behavior rushing for safer assets. Besides a decline in U.S. Treasury bond yields and a surge in gold prices, the safe-haven dollar has strengthened against the euro, trading close to its strongest in […]
In an overnight escalation of hostilities in the Middle East, Iran on Wednesday declared that its missile strikes on Israel were over unless further provoked, even as Israel and the United States vowed retaliation. This development has intensified fears of a broader conflict in the region, potentially turning it into another World War. Washington D.C. […]
Iran fired a salvo of ballistic missiles at Israel on Tuesday in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon, reports Reuters. Soon, social media platforms are abuzz with videos covering the skies lighted with an endless rows of missiles, catching the attention of the whole world. Alarms sounded across Israel and explosions […]
In a recent development that has gripped the nation, the Special Investigation Team (SIT) constituted by the Andhra Pradesh government has temporarily halted its probe into the alleged adulteration of Tirupati laddus. The decision comes in the wake of the Supreme Court’s statement that there is currently no evidence to suggest animal fat was used in the preparation […]
Iran, as warned earlier, fired missiles at Israel at 10 PM (IST) in response Israel’s ground offensive in Lebanon to target Hezbollah and days after the militant outfit’s commander Hassan Nasrallah and a top official from Iran’s Islamic Revolutionary Guard were killed in airstrikes on Beirut. The Israel Defence Forces (IDF) said at 10.08 pm […]
The Indian equity market recently closed with marginal losses, primarily due to the impact of heavyweight shares such as Reliance Industries and HDFC Bank. The Sensex, a benchmark index of the Bombay Stock Exchange (BSE), closed 33 points lower at 84,266. Concurrently, the Nifty, the National Stock Exchange’s key index, was down by 13 points, closing at 25,796. Despite […]
The Easter Sunday bombings in Sri Lanka in 2019, which claimed around 270 lives, finally prompted President Ranil Wickremesinghe to initiate an inquiry into why prior intelligence from Indian sources regarding the attacks was disregarded. This move follows the revelations of the final report from the Commission of Inquiry released on January 31, 2021, which […]