In a significant development that has caught the attention of millions of devotees worldwide, the Supreme Court of India has ordered an independent Special Investigation Team (SIT) probe into the controversy surrounding the alleged use of animal fat in the preparation of Tirupati laddus. These laddus are a sacred prasadam at the Sri Venkateswara Temple in Tirupati. The probe […]
Suzlon Energy, a prominent renewable energy solution provider, has recently been under the market’s microscope due to a significant drop in its share price. The company’s shares took a 5% hit after receiving an ‘advisory cum warning’ letter from the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This development has sparked concerns […]
Indian markets were hit hard on Thursday as escalating geopolitical tensions in the Middle East led to a sharp decline in equity indices, wiping out Rs 10 lakh crore in market capitalization. The benchmark BSE Sensex nosedived 1,769 points (2.10%), closing at 82,497, while the Nifty 50 plunged 546 points (2.12%) to 25,250. This broad […]
Tech billionaire Elon Musk has become the first person to reach 200 million followers on X, the social media platform he acquired in October 2022 for $44 billion. Musk, the owner of X, now leads in followers ahead of former US President Barack Obama, who has 131.9 million, and football superstar Cristiano Ronaldo, with 113.2 […]
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 […]
Devara: Part 1, the latest action epic starring Jr NTR and Janhvi Kapoor, has made a significant impact at the box office, amassing Rs 353.24 crore globally within just six days of its release. Directed by Koratala Siva, the film has enjoyed a strong boost in collections, particularly on its first Wednesday, due to the […]
Cerebras Systems, a rising player in the AI hardware space, is looking to challenge Nvidia’s dominance as it gears up for a major IPO. Nvidia, whose chips are crucial for training AI models like OpenAI’s ChatGPT, has seen its market value soar nearly 600% since ChatGPT’s rise. However, Cerebras, backed by investors like Altimeter and […]
OpenAI has shattered records by securing a monumental $6.6 billion in funding, a move that could elevate its valuation to an eye-popping $157 billion. This latest round, fueled by a diverse group of investors, positions the AI powerhouse at the forefront of global tech innovation despite undergoing significant internal shifts. Investor Confidence Amidst Executive Changes […]
The United States is currently in the throes of the largest dockworker strike in nearly half a century. The International Longshoremen’s Association (ILA), representing 45,000 port workers from Maine to Texas, has initiated a significant stoppage. The first of its magnitude since 1977, the strike has resulted in long lines of container ships queuing up […]
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 […]
Wall Street’s main indexes opened lower on Wednesday after escalation in geopolitical tensions in the Middle East though markets are likely not to come under sway. Here’s the impact visible so far and the possible future scenarios: Israeli Retaliation: Iran’s missile strike on Israel, involving 180 ballistic missiles, significantly raises the chances of an Israeli […]
Meta, the parent company of Facebook and Instagram, has removed around 8,000 “celeb bait” scam ads as part of a new collaboration with Australian banks. These scams often use images of famous personalities, many of which are created by artificial intelligence, to deceive people into investing in fake schemes. Meta acted after receiving 102 reports […]
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 […]