National Newspaper (2024)

17/11/2023

The U.S. consumer watchdog, not usually known to side with Wall Street lenders, has handed them a rare win by cracking down on Big Tech companies that are increasingly encroaching on banking turf. The Consumer Financial Protection Bureau (CFPB) last week proposed regulating payments and smartphone wallets provided by tech leaders like Apple and Google, arguing they now rival traditional bank services in scale and scope and should be subject to the same consumer safeguards....

The U.S. consumer watchdog, not usually known to side with Wall Street lenders, has handed them a rare win by cracking down on Big Tech companies that are increasingly encroaching on banking turf. The Consumer Financial Protection Bureau (CFPB) last week proposed regulating payments and smartphone w...

17/11/2023

“It’s a beautiful vehicle,” United States President Joe Biden exclaimed, pointing at his Chinese counterpart Xi Jinping’s Hongqi N701, also called the ‘Red Flag’. “It’s like the Cadillac we have here,” Biden said, after a quick glance at the car’s interiors. Biden and Xi shared this light moment at the end of an all important bilateral meeting in San Francisco on Wednesday (November 15)....

“It’s a beautiful vehicle,” United States President Joe Biden exclaimed, pointing at his Chinese counterpart Xi Jinping’s Hongqi N701, also called the ‘Red Flag’. “It’s like the Cadillac we have here,” Biden said, after a quick glance at the car’s interiors. Biden and Xi shared t...

17/11/2023

By Market Capitalisation.Net Sales.Net Profit.Total Assets.Excise.Other Income.Raw Materials.Power & Fuel.Employee Cost.PBDIT.Interest.Tax.EPS.Investments.Sundry Debtors.Cash/Bank.Inventory.Debt.Contingent Liabilities. Screen Crit AbrasivesAerospace & DefenceAgricultureAir ConditionersAirlinesAluminium & Aluminium ProductsAmusement Parks/Recreation/ClubAquacultureAuto AncillariesAuto Ancillaries - Air Conditioning PartsAuto Ancillaries - Auto, Truck & Motorcycle PartsAuto Ancillaries - Axle shaftsAuto Ancillaries - BearingsAuto Ancillaries - BrakesAuto Ancillaries - Bus BodyAuto Ancillaries - Castings/ForgingsAuto Ancillaries - ClutchesAuto Ancillaries - Diesel EnginesAuto Ancillaries - Engine PartsAuto Ancillaries - GearsAuto Ancillaries - Head lamps & lightsAuto Ancillaries - OthersAuto Ancillaries - PistonsAuto Ancillaries - Seating covers & partsAuto Ancillaries - Sheet MetalsAuto Ancillaries - Shock absorbersAuto Ancillaries - Spare Parts & AccessoriesAuto Ancillaries - SpringsAuto Ancillaries - Tyres & Rubber ProductsAuto Ancillaries - WheelsAuto AncillaryAutomobile - 2 & 3 WheelersAutomobile - Auto & Truck ManufacturersAutomobile - Dealers & DistributorsAutomobile - LCVS/ HVCSAutomobile - Passenger CarsAutomobile - TractorsAutomobile - Trucks/LCVsBank - PrivateBank - PublicBatteriesBeveragesBiotechnology & Medical ResearchBPO/ITeSBreweries & DistilleriesCable & D2HCablesCarbon BlackCementCement & Construction MaterialsCeramics/Marble/Granite/SanitarywareChemicalsCigarettes/TobaccoCoalCommodity ChemicalsCompressors / PumpsComputer PeripheralsConstruction - InfrastructureConstruction - Real EstateConstruction - Residential & Commercial ComplexesConsumer FoodContainers & PackagingCourier ServicesCyclesDefenceDetergents & SoapsDiamond & JewelleryDiversifiedDiversified ChemicalsDomestic AppliancesDyes & PigmentsEducational InstitutionsElectric EquipmentElectric Equipment - Boilers / TurbinesElectric Equipment - SwitchgearsElectric Equipment - TransformersElectrodes & Electrical EquipmentsElectrodes & Welding EquipmentElectronic GoodsElectronics - ComponentsEngineeringEngineering - ConstructionEngineering - Industrial EquipmentsETFFastenersFerro ManganeseFertilizersFilm Production, Distribution & EntertainmentFinance - HousingFinance - InvestmentFinance - NBFCFinance - OthersFinance - Stock BrokingFinance Term LendingFish/Poultry & Meat ProductsFood & Drug RetailingFood ProcessingFootwearGas DistributionGlass & Glass ProductsGoldGold ETFGround Freight & Logistics ServicesHospital & Healthcare ServicesHotel, Resort & RestaurantsHousehold & Personal ProductsInfrastructureIron & SteelIT - EducationIT - NetworkingIT Services & ConsultingLabs & Life Sciences ServicesLaminates/DecorativesLeatherLeisure ServicesLife & Health InsuranceLogisticsLPGLubricantsMediaMedical Equipment/Supplies/AccessoriesMetals & MiningMetals - Castings/ForgingsMetals - Non FerrousMisc....

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By Market Capitalisation.Net Sales.Net Profit.Total Assets.Excise.Other Income.Raw Materials.Power & Fuel.Employee Cost.PBDIT.Interest.Tax.EPS.Investments.Sundry Debtors.Cash/Bank.Inventory.Debt.Contingent Liabilities. Screen Crit AbrasivesAerospace & DefenceAgricultureAir ConditionersAirlinesAl...

17/11/2023

By Jing Xuan Teng and Qasim NaumanSeoul: US restrictions on advanced computer chips are forcing China's tech giants to rethink their ambitious AI-powered projects, analysts say. Ecommerce titan Alibaba on Thursday became the latest Chinese firm to admit to feeling the bite of US sanctions, as it abandoned a plan to spin off its multi-billion-dollar cloud computing arm. It followed gaming giant Tencent's acknowledgement this week that its ability to sell advanced cloud services has been hit by the restrictions, which were introduced by Washington last year to prevent China's access to cutting-edge chips....

By Jing Xuan Teng and Qasim NaumanSeoul: US restrictions on advanced computer chips are forcing China’s tech giants to rethink their ambitious AI-powered projects, analysts say. Ecommerce titan Alibaba on Thursday became the latest Chinese firm to admit to feeling the bite of US sanctions, as it a...

17/11/2023

Double exposure Electric vehicle EV car Power cable wirh pump plug in charging power to electric ... [+] vehicle EV car on virtual modern technology UI control information display,innovation alternative sustainable eco energy. getty Daniel Kahneman and Amos Tversky were amazing thinkers. Despite being psychologists, Kahneman won the Nobel Prize for Economics, something he would have shared with Tversky had that luminary not passed too soon....

Double exposure Electric vehicle EV car Power cable wirh pump plug in charging power to electric … [+] vehicle EV car on virtual modern technology UI control information display,innovation alternative sustainable eco energy. getty Daniel Kahneman and Amos Tversky were amazing thinkers. Despite bei...

17/11/2023

Mumbai: In a decisive move to tighten credit control, the Reserve Bank of India (RBI) on Thursday raised risk weights for unsecured consumer credits, including personal loans and credit card dues, signalling its concerns over aggressive lending in these sectors. Mint takes a look at how the RBI’s move will impact lenders, and how risk weights act as a regulatory tool to modulate loan demand....

Mumbai: In a decisive move to tighten credit control, the Reserve Bank of India (RBI) on Thursday raised risk weights for unsecured consumer credits, including personal loans and credit card dues, signalling its concerns over aggressive lending in these sectors. Mint takes a look at how the RBI’s ...

17/11/2023

The shares of Tata Investment Corporation rallied over 20% on Friday's trading session, touched to ₹3,909.90 per piece ahead of upcoming initial public offering (IPO) of Tata Technologies. Tata Investment shares opened ₹ 3,270 per share in the early morning trading on Friday, against previous close at ₹ 3,257 . Tata Technologies, which is all set to go public on November 22, is a subsidiary of Tata Motors in which Tata Investment is a promoter group entity. ...

The shares of Tata Investment Corporation rallied over 20% on Friday’s trading session, touched to ₹3,909.90 per piece ahead of upcoming initial public offering (IPO) of Tata Technologies. Tata Investment shares opened ₹ 3,270 per share in the early morning trading on Friday, against previous ...

17/11/2023

Chinese President's State Car (L) and Joe Biden's Beast (R) Photo : AP Washington DC: In an effort to mend the strained relationship between the United States and China, Presidents Joe Biden and Xi Jinping met for the first time in over a year. The two leaders met on the sidelines of the Asia-Pacific Economic Cooperation Forum on Thursday in San Francisco....

Chinese President’s State Car (L) and Joe Biden’s Beast (R) Photo : AP Washington DC: In an effort to mend the strained relationship between the United States and China, Presidents Joe Biden and Xi Jinping met for the first time in over a year. The two leaders met on the sidelines of the Asia-Pa...

17/11/2023

What is meant by 'risk weight' and what has RBI exactly done? 'Risk weight' is the percentage factor that adjusts for the credit risk of different types of assets. Increasing the risk weight refers to a hike in the percentage of capital that banks and NBFCs need to set aside to cover potential losses on loans. For instance, if a loan previously required a risk weight of 100%, it demands 125% under the new regulations....

What is meant by ‘risk weight’ and what has RBI exactly done? ‘Risk weight’ is the percentage factor that adjusts for the credit risk of different types of assets. Increasing the risk weight refers to a hike in the percentage of capital that banks and NBFCs need to set aside to cover potenti...

17/11/2023

According to a review of 23 years of neuroimaging research, time spent watching television or playing computer games has significant and long-term consequences on children's brain function, which while showing adverse effects also demonstrates some positive ones. However, the researchers stop short of advocating limits on screen time, which they say can lead to confrontation. Instead, they urge policymakers to help parents navigate the digital world by promoting programs which support positive brain development....

According to a review of 23 years of neuroimaging research, time spent watching television or playing computer games has significant and long-term consequences on children’s brain function, which while showing adverse effects also demonstrates some positive ones. However, the researchers stop shor...

17/11/2023

The Ioniq 5 N is equipped with a high-performance all-wheel-drive system and a high-output 84 kilowatt-hour battery, providing a combined output of 448 kilowatts. Hyundai Motor and its affiliate Kia said on Friday they have unveiled their latest electric vehicle (EV) units and concept models under way at the 2023 Los Angeles Auto Show as the companies strengthen their electric portfolios....

The Ioniq 5 N is equipped with a high-performance all-wheel-drive system and a high-output 84 kilowatt-hour battery, providing a combined output of 448 kilowatts. Hyundai Motor and its affiliate Kia said on Friday they have unveiled their latest electric vehicle (EV) units and concept models under w...

17/11/2023

By Huw Jones LONDON (Reuters) - EU regulators will challenge banks over their failure to properly apply an accounting rule aimed at making sure their provisioning for souring loans is timely and sufficient, the bloc's banking watchdog said on Friday. The European Banking Authority (EBA) said its second report into how the IFRS 9 rule, which was designed to respond to a central lesson arising from the global financial crisis of 2008, uncovered the same shortcomings as its initial review....

By Huw Jones LONDON (Reuters) – EU regulators will challenge banks over their failure to properly apply an accounting rule aimed at making sure their provisioning for souring loans is timely and sufficient, the bloc’s banking watchdog said on Friday. The European Banking Authority (EBA) said its...

17/11/2023

The Nifty IT index, which got a boost after a softer inflation print in the US, rallied over five per cent in the past two sessions. However, on Friday (November 17), the IT index traded flat with a negative bias. Last, at around 2:23 pm, the Nifty IT was down by 0.18 per cent to 32,216.45. The index's 52-week high level stands at 33,402.75....

The Nifty IT index, which got a boost after a softer inflation print in the US, rallied over five per cent in the past two sessions. However, on Friday (November 17), the IT index traded flat with a negative bias. Last, at around 2:23 pm, the Nifty IT was down by 0.18 per cent to...

17/11/2023

This blog was co-authored by Susan Nedell, E2 Mountain West Advocate After a marathon four-day hearing, the New Mexico Environmental Improvement Board and the Albuquerque Bernalillo County Air Quality Control Board’s adopted three major standards that will provide significant climate, public health, air quality, and economic benefits to New Mexico. The Board’s adopted the Advanced Clean Cars II (ACC II), Advanced Clean Trucks (ACT), and the Heavy-Duty Low NOx standards—collectively “the Standards.” The Standards will increase the number of zero-emission trucks and cars on New Mexico’s roads, while also reducing toxic pollution coming from the tailpipes of gasoline and diesel vehicles. ...

This blog was co-authored by Susan Nedell, E2 Mountain West Advocate After a marathon four-day hearing, the New Mexico Environmental Improvement Board and the Albuquerque Bernalillo County Air Quality Control Board’s adopted three major standards that will provide significant climate, public healt...

17/11/2023

The Philippine Star November 17, 2023 | 5:00pm MANILA, Philippines — Pag-IBIG Fund disbursed P50.79 billion in cash loans in the last 10 months, breaking its record for the highest amount of cash loans released for any January to October period. The amount released benefitted 2,281,042 Pag-IBIG Fund members, also a record high. From January to October, the amount of short-term loans released by the agency increased by 12% or P5.5 billion compared to the P45.29 billion released during the same period in 2022....

The Philippine Star November 17, 2023 | 5:00pm MANILA, Philippines — Pag-IBIG Fund disbursed P50.79 billion in cash loans in the last 10 months, breaking its record for the highest amount of cash loans released for any January to October period. The amount released benefitted 2,281,042 Pag-IBIG Fu...

17/11/2023

NEW YORK - Apple Inc. (NASDAQ:) is facing growing investor unease as its stock performance lags behind tech giants like Microsoft (NASDAQ:) and Alphabet (NASDAQ:), who are making strides in emergent technologies such as quantum computing and artificial intelligence. Apple's reliance on hardware sales, which include its flagship iPhone and Mac products, has been a cornerstone of its growth strategy. However, this focus is now seen as a potential vulnerability as the company's diversification efforts, through services like iCloud, Apple TV, and Apple Music, are closely linked to its hardware success....

NEW YORK – Apple Inc. (NASDAQ:) is facing growing investor unease as its stock performance lags behind tech giants like Microsoft (NASDAQ:) and Alphabet (NASDAQ:), who are making strides in emergent technologies such as quantum computing and artificial intelligence. Apple’s reliance on hardware ...

17/11/2023

A staff member stands in front of Volvo XC60 and XC90 SUVs displayed at its booth during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song/File Photo Acquire Licensing Rights OSLO, Nov 17 (Reuters) - Shares of Swedish automaker Volvo Cars (VOLCARb.ST) fell 14% on Friday as its majority shareholder, China's Geely (0175.HK), sold a small part of its stake at a deep discount to the previous day's closing price....

https://alljobnews.com/volvo-cars-shares-drop-to-record-low-as-geely-trims-stake/

[1/3]A staff member stands in front of Volvo XC60 and XC90 SUVs displayed at its booth during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song/File Photo Acquire Licensing Rights OSLO, Nov 17 (Reuters) – Shares of Swedish automaker Volvo Cars (VOLCARb.ST) ...

17/11/2023

A study finds that 47 percent of the Philippine population is in areas highly exposed to climate hazards such as earthquakes, tsunami, floods, tropical cyclones and drought. File/Ted Aljibe, AFP
MANILA -- The World Bank (WB) on Friday said it has approved a $500 million dollar loan to help the Philippines rebuild schools, health facilities and homes faster after climate disasters....

A study finds that 47 percent of the Philippine population is in areas highly exposed to climate hazards such as earthquakes, tsunami, floods, tropical cyclones and drought. File/Ted Aljibe, AFP MANILA — The World Bank (WB) on Friday said it has approved a $500 million dollar loan to help the Phil...

17/11/2023

At the recently convened Dell Technologies Forum in Bengaluru, CNBC-TV18's Mridu Bhandari spoke to several industry experts on the dynamic landscape of technology and discussed strategies for navigating disruption. In a two-part discussion, industry leaders shared insights on emerging tech trends and the imperative of fostering diversity and inclusion. The Dell Technologies Forum, a premier conference of technology enthusiasts and business leaders was organised by Dell to bring together emerging trends, cutting-edge technologies, dynamic speakers and showcase concrete ways to transform organisations....

At the recently convened Dell Technologies Forum in Bengaluru, CNBC-TV18’s Mridu Bhandari spoke to several industry experts on the dynamic landscape of technology and discussed strategies for navigating disruption. In a two-part discussion, industry leaders shared insights on emerging tech trends ...

17/11/2023

All of us, must at some point have driven a Maruti Suzuki car. The brand has taken a major leap in the last few years in terms of features and product lineup. Next-up it is going to take it to the next level with several exciting products lined up. It has planned several new products that could cater from the budget segment to even premium categories....

All of us, must at some point have driven a Maruti Suzuki car. The brand has taken a major leap in the last few years in terms of features and product lineup. Next-up it is going to take it to the next level with several exciting products lined up. It has planned several new products...

17/11/2023

Anyone may be caught off-guard by sudden expenses during the Christmas rush. You have already planned your budget for gifts, but now you need extra cash for your office kris kringle, your upcoming Christmas parties, shopping for Noche Buena or perhaps just to grab some snacks to wait out the holiday traffic jam. Even though you are good at budgeting, there are times when you need some extra cash to get you by. ...

Anyone may be caught off-guard by sudden expenses during the Christmas rush. You have already planned your budget for gifts, but now you need extra cash for your office kris kringle, your upcoming Christmas parties, shopping for Noche Buena or perhaps just to grab some snacks to wait out the holiday...

17/11/2023

During its fourth quarter and fiscal year 2023 earnings call, Tetra Tech (NASDAQ:) showcased a strong performance, marked by a 40% increase in revenue for the fourth quarter and a 51% rise in EBITDA earnings to $153 million. The global consulting and engineering services firm also reported an increase in its backlog by over $1 billion, focusing on services in climate change, energy transition, water security, and environmental management....

During its fourth quarter and fiscal year 2023 earnings call, Tetra Tech (NASDAQ:) showcased a strong performance, marked by a 40% increase in revenue for the fourth quarter and a 51% rise in EBITDA earnings to $153 million. The global consulting and engineering services firm also reported an increa...

17/11/2023

The opening practice session for the Las Vegas Grand Prix was abandoned after only eight minutes after Carlos Sainz’s Ferrari was struck with a severe and dangerous impact by drain cover. More than one drain cover is understood to have been dislodged and the FIA are now having to check the safety of all them across the street circuit to confirm their integrity....

The opening practice session for the Las Vegas Grand Prix was abandoned after only eight minutes after Carlos Sainz’s Ferrari was struck with a severe and dangerous impact by drain cover. More than one drain cover is understood to have been dislodged and the FIA are now having to check the safety ...

17/11/2023

In Georgia, more than a third of pensioners and social benefit recipients, totalling 354,000 individuals, have opted for pension loans, according to a report submitted by Liberty Bank to the National Bank. This number constitutes over one-third of the population receiving various social benefits. The third-quarter data reveals a slight decrease of GEL1mn ($370,000) in the total portfolio of pension loans, amounting to GEL401mn, which accounts for 15.5% of Liberty Bank's overall credit portfolio of GEL2.6bn....

In Georgia, more than a third of pensioners and social benefit recipients, totalling 354,000 individuals, have opted for pension loans, according to a report submitted by Liberty Bank to the National Bank. This number constitutes over one-third of the population receiving various social benefits. Th...

17/11/2023

Privacy and data protection have become big issues in the digital age and big tech companies have often been accused of collecting user data in recent times. While most messaging apps such as WhatsApp end-to-end encryption, the sharing of data raises concerns, especially when one has no control over it. This is where Signal comes in. An alternative to WhatsApp, Signal is one of the most secure messaging apps out there....

Privacy and data protection have become big issues in the digital age and big tech companies have often been accused of collecting user data in recent times. While most messaging apps such as WhatsApp end-to-end encryption, the sharing of data raises concerns, especially when one has no control over...

17/11/2023

Formula 1 was making a return to Las Vegas for the first time since 1982; Ferrari's Carlos Sainz suffered significant damage to his car because of broken drain cover on all-new circuit; FIA yet to confirm whether Practice Two will go ahead Last Updated: 17/11/23 8:07am Please use Chrome browser for a more accessible video player The Las Vegas Grand Prix Practice One was suspended after 8 minutes due to a track defect that forced Carlos Sainz to stop his car…...

Formula 1 was making a return to Las Vegas for the first time since 1982; Ferrari’s Carlos Sainz suffered significant damage to his car because of broken drain cover on all-new circuit; FIA yet to confirm whether Practice Two will go ahead Last Updated: 17/11/23 8:07am Please use Chrome browser fo...

17/11/2023

The final cut off for completions for the Help to Buy Equity Loan 2021-2023 scheme was 31 May 2023. Homes England expect no further revisions to the data, so this is the last release for the Help to Buy: Equity Loan data. On 1 April 2021, the 2021-2023 scheme of Help to Buy was introduced. This scheme has different eligibility criteria to the previous scheme (2013-2021) and introduced regional price caps....

The final cut off for completions for the Help to Buy Equity Loan 2021-2023 scheme was 31 May 2023. Homes England expect no further revisions to the data, so this is the last release for the Help to Buy: Equity Loan data. On 1 April 2021, the 2021-2023 scheme of Help to Buy was introduced....

17/11/2023

By Preeti Singh
Indian lenders’ ambition to expand their digital reach and capture a larger share of business in the world’s most populous nation risk being frustrated by outdated technology, regulations and a talent crunch.
The country’s largest shadow lender Bajaj Finance Ltd. was directed on Wednesday to stop offering credit via two products that failed to comply with digital lending rules....

By Preeti Singh Indian lenders’ ambition to expand their digital reach and capture a larger share of business in the world’s most populous nation risk being frustrated by outdated technology, regulations and a talent crunch. The country’s largest shadow lender Bajaj Finance Ltd. was directed o...

17/11/2023

First Published: 17th November, 2023 11:45 IST CM Sangma said that efforts have been expedited to make operational a parking lot in the Wards Lake area by December or by February 2024. Written By Purbasha Bhattacharjee Shillong is one of the most sought after, favourite tourist destinations for many, but traffic congestion in the city has turned it into a nightmare....

First Published: 17th November, 2023 11:45 IST CM Sangma said that efforts have been expedited to make operational a parking lot in the Wards Lake area by December or by February 2024. Written By Purbasha Bhattacharjee Shillong is one of the most sought after, favourite tourist destinations for many...

17/11/2023

Salesforce recently announced that it would be partnering with the Ministry of Education to upskill 100K students in AI, through its Trailhead cloud platform, for fostering tech talent in India. In addition to this, the partnership will also be offering a virtual internship program – funded by Salesforce – which would serve as a great platform to promote the capability of the growing generation. ...

Salesforce recently announced that it would be partnering with the Ministry of Education to upskill 100K students in AI, through its Trailhead cloud platform, for fostering tech talent in India. In addition to this, the partnership will also be offering a virtual internship program – funded by Sal...

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