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'We work for America, not the global order': Marco Rubio asserts US' 1st stance on China and trilateral engagement
Addressing the core friction between Washington and Beijing, Secretary Rubio emphasised that major power competition is an inevitable reality driven by competing national systems, on the sidelines of the G7 Foreign Ministers Meeting held in Paris, France.
Diwali blues: 83 largecap stocks plunge up to 60% since Samvat 2082. Can bluechips light up D-Street in the new year?
Indian equities enter Samvat 2083 after a volatile year and a sharp market correction. While lower valuations have improved the risk-reward profile of several stocks, persistent FII outflows, elevated crude oil prices and global uncertainties remain key concerns. Strong domestic fundamentals and earnings growth could support markets, but returns will increasingly depend on stock selection, valuations and earnings delivery.
SC cracks down on banks, seeks mandatory payouts to cyber fraud victims
The Supreme Court has questioned the Reserve Bank of India's effectiveness in preventing digital fraud. Financial institutions must be held accountable for their role in cybercrime under new regulations. A mandatory liability clause is essential to ensure victims are compensated for losses. The court emphasizes that banks should enhance preventive measures against unusual transactions. The Attorney General mentioned that the RBI is working on regulations to address these issues.
A mother borrowed $28,000 to help her son become a photographer in California. Ten years later, they're both still paying for a college that no longer exists
Christine Gaussoin hoped her son Kendrick would succeed in photography after attending Brooks Institute. However, the college closed ten years later, leaving him without a diploma. This closure has resulted in a significant student loan debt for Christine and Kendrick. A lawsuit has been filed against the Trump administration regarding federal loan forgiveness for former students. The case highlights concerns about the trust placed in educational institutions and their accountability.
Karnataka asks RSS to seek police approval for Vijaya Dashami route marches
Karnataka Home Minister Priyank Kharge has asked the RSS to obtain formal police permission for its proposed Vijaya Dashami route marches on Sunday, citing security, traffic and logistical requirements. BJP MLA S Suresh Kumar said the organisation has always secured clearance in advance. The debate comes amid a separate court ruling in Tamil Nadu.
Too old to feel guilty (Also, I have a chudail problem)
Embracing guilty pleasures can lead to personal enjoyment without the burden of embarrassment. Social norms often pressure individuals into justifying their entertainment choices. The author describes watching Ganji Chudail videos as a source of amusement and relaxation. Participants in this culture often perform guilt and apologize for simple pleasures. Finding joy in leisure activities can provide much-needed relief from everyday stresses.
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As India buys more AI chips, the real test is to keep them running
Industry leaders said businesses must pay closer attention to the systems around their processors, which actually decide the return on their investments.
'We will sit on dharna': SC tells Centre on lack of pedestrian crossing near Delhi HC
Supreme Court Justices JB Pardiwala and KV Viswanathan on Friday jokingly threatened to stage a dharna outside the Delhi High Court if authorities fail to improve pedestrian safety on Mathura Road by November 25, Bar and Bench reported.
Senior citizen gets income tax notice over Rs 65.27 lakh cash deposit in bank account; his son proves source of funds and wins case in ITAT Jaipur
Senior citizen sent income tax notice for Rs 65.27 lakh unexplained cash deposit, which was later proved to be pension and FD money; ITAT Jaipur order explained.
Trump says Iran war will end 'very quickly', oil prices will 'come tumbling down'
US President Donald Trump stated that the ongoing war with Iran will conclude rapidly, affecting global oil prices. He emphasized the need to eliminate Iran's nuclear capabilities, asserting that their economy is struggling. Meanwhile, Iranian officials rejected claims about their oil minister's resignation, asserting internal political stability. US Vice President JD Vance highlighted that negotiations depend on Iran reducing nuclear enrichment.
Individuals exempt from reporting under new FEMA trade rules, RBI says
Individuals undertaking personal transactions will not have to comply with new foreign exchange trade regulations imposed. The Reserve Bank of India aims to ease compliance burdens related to reporting obligations for personal contracts. RBI Governor Sanjay Malhotra confirmed that routine payments for services and subscriptions are exempt from reporting. Additionally, smaller export transactions of up to ₹10 lakh may rely on self-declarations.
Tesla is browbeating the EU to approve its 'Full Self-Driving' tech. The pressure is working
Tesla is involved in a campaign to secure EU approval for its Full Self-Driving technology. The automaker faces criticism regarding the validity of its safety research and claims. European regulators are examining the methodology behind Tesla's assertions of crash reduction performance. Tesla officials have engaged in discussions with various regulators to alleviate concerns over the technology. The outcome of this push could significantly impact Tesla's market presence in Europe.
Is Rs 1 crore enough for retirement? Most Indians have a corpus target, but few think their savings will last throughout golden years, finds study
Working Indians across generations are increasingly proactive towards retirement planning, even as most believe they are not adequately—either financially, physically or emotionally— prepared for their twilight years, the latest edition of an annual study by Axis Max Life Insurance shows. 1 in 2 respondents think they should start plan ning for retirement from their 1st pay cheque.
Celebrating in stillness
Loud celebrations during festivals and personal events are on the rise, reflecting a societal inclination to express feelings of insecurity through overwhelming noise. Instead of cherishing serene moments, the fast-paced world encourages boisterous displays of happiness. It is essential to foster emotional awareness, as embracing softer emotions can drastically enhance our overall experience.
ETMarkets Smart Talk| How to find India’s next multibaggers? Pritam Deuskar explains his GIANTS framework
To achieve successful long-term investments, investors should target companies with a competitive edge. Pritam Deuskar introduces the GIANTS framework, emphasizing the importance of evaluating market position and awareness of emerging trends in India. Despite external challenges, India's economy stands robust and adaptable. By concentrating on companies that fulfill these standards, investors can maximize their returns in the dynamic marketplace.
AI agents need verifiable ID cards : Here is what it means, and why it is important
AI agents are expected to grow exponentially and perform tasks without human intervention. This puts building a trust layer in focus and presents India with its next big opportunity for infrastructure building for the agentic economy ecosystem. GoDaddy has already taken the steps to make this possible with its Agent Identity system. Read on!
SC judges to visit NTA office, say institutional strengthening needed to curb NEET paper leaks
Supreme Court judges will visit NTA facilities to examine system upgrades. The National Testing Agency has overhauled its entire mechanism to prevent paper leaks. A high-powered panel is suggesting structural reforms for competitive examinations. The government is prioritising institutionalising the entire examination process. The court seeks to ensure permanency and functionality of the NTA's system.
As wedding shopping begins, gold exchange can help families manage jewellery budgets
As the wedding season draws near, families are turning to gold exchange as a savvy way to manage the costs of new jewellery. By trading in old pieces for fresh designs, they can alleviate financial strain. Trustworthy valuation processes are crucial, and organised retailers like Tanishq facilitate transparent exchanges, making the entire experience smoother. This trend not only helps with budget planning but also lessens dependence on imported gold.
India beats a hasty retreat from a crucial market reform
India’s market-closing auction reform, designed by Sebi to curb price manipulation, has faced volatility and investor backlash within weeks. The regulator may weaken or abandon it, exposing deeper problems: high securities taxes, inadequate arbitrage, shallow liquidity and restrictions on short selling. Poor coordination between fiscal and regulatory policies ultimately undermined reform efforts.
'Every student's life precious, protection must be ensured': Rahul Gandhi on Delhi building collapse
A five-storey building collapsed in Delhi's Satya Niketan area today. One person died and several students were trapped under the debris. Congress leaders criticized the government's safety policies for student accommodations. They demanded safety audits for buildings near Delhi University campuses. Rescue operations are underway to save those still trapped.
SC sets aside show cause notice to Tata Steel over input tax credit availed during FY19-23
The Supreme Court has quashed a tax demand notice against Tata Steel. This notice involved an alleged irregular input tax credit claim. The court found no deliberate attempt by the company to evade taxes. Proceedings under Section 74 require specific satisfaction from the assessing officer. The department's actions indicated a lack of satisfaction regarding the alleged tax shortfall.
Suits & Sayings: Hairy Business
ET’s roundup of the wackiest whispers in corporate corridors
CJI Surya Kant wishes India ‘stronger and brighter future’ on Independence Day
Chief Justice Surya Kant extended Independence Day greetings and wished for India's progress. Prime Minister Modi hoisted the national flag at the Red Fort while addressing the nation. He expressed strong confidence that India will become a developed nation by 2047. The Prime Minister urged citizens to dream big and work towards realizing this goal. The recitation of 'Vande Mataram' at Red Fort was noted as a historic moment.
A username could one day suffice as your address
India is creating a unique username-based digital addressing system. This initiative, led by India Post, aims to simplify sending and receiving parcels, food, and other services. Users will not need to share physical addresses, enhancing privacy. The system, named Dhruva, is awaiting finance ministry approval. It will be similar to Aadhaar and UPI, standardizing addresses nationwide for better service delivery.
When walking would suffice,Avinash Sable ran
Sable's rise has been meteoric. He was fifth in the Federation Cup in 2017, but won the title in the National Open that year, and he ran sub-9m for the first time. Within a year, he broke the legendary Gopal Saini's 37-year-old national record at the 2018 National Open Championships with a time of 8:29.80.
No need for individual medical certificates to travel: Maharashtra
The government said a list of passengers screened at the time of start of their journey and found to be not displaying any influenza-like illness be issued by medical person in-charge and the certification of such a list shall suffice (for individuals to travel).
How much health insurance do you need?
Survey finds that 51% of health insurance policyholders in India are underinsured as sum insured would not suffice in a medical emergency.
IMF resources wont suffice if global crisis worsens: Lagarde
As the European debt crisis spreads, IMF was asked by its steering committee to review whether its resources are sufficient.
Social security number not mandatory for availing EPF services
The Govt made it clear that social security number is not mandatory for getting services from Employees Provident Fund Organisation as the present provident fund membership number will suffice.
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