Americans in Sudan must make their own arrangements to stay safe: US government
President Joe Biden had approved a plan earlier this week to move U.S. forces nearby in case they are needed to help evacuate American diplomats. | World News Key Points
Hindustan TimesThis virtual assistant company fires all managers to make the employees happy
Time Etc, a virtual assistant platform, realized that they needed to make a huge change in their management style. Instead of traditional managers, they decided to embrace the concept of coaching. Key Points
India TodayIndian Oil plans green jet fuel plant to meet surging demand
The International Civil Aviation Organization last year adopted a target to cut emissions to net zero by 2050, and SAF has long been seen as the industrys fastest way to reduce emissions. However, global output is currently only a fraction of whats needed and airlines are banking on a huge supply boost. Key Points
Economic TimesAsian stocks stall as US rates seen higher for longer
The Fed left its benchmark funds rate window at 5-5.25%, and chair Jerome Powell said the U.S. central bank needed to gather more information about the economy to determine what to do next. Key Points
FinancialexpressRSS says no issue with caste census if needed for welfare, but shouldn't be used as political tool
Statement comes in backdrop of BJP’s poor showing in LS polls. It lost SC/ST/OBC votes because of what they call Oppn propaganda about threat to Constitution & lack of quota in govt jobs. Key Points
ThePrint
Priyanka Chopra talks about dark period living in NY: ‘My body needed to mourn'
Priyanka Chopra spoke about how she coped through several phases in her life as she moved to new places. She talked about her dark period living in New York. | Web Series Key Points
Hindustan TimesAI has many dangers and could be a threat for the entire human race, says historian Yuval Noah Harari
Historian and author Yuval Noah Harari said that AI could be a threat for the entire human race in future and has "many dangers". He added that global cooperation was needed to "rein in the most dangerous potential of AI". Key Points
India TodayTop central bankers see further tightening to counter inflation
Although policy is restrictive, it may not be restrictive enough and it has not been restrictive for long enough, Federal Reserve Chair Jerome Powell said at a conference at the Portuguese resort of Sintra. His comments on inflation were largely echoed by Bank of England Governor Andrew Bailey and European Central Bank President Christine Lagarde, both of whom said they expect more moves. Key Points
Economic TimesVoda Idea in advanced talks with vendors for 5G rollout, launch subject to funding
Vodafone Ideas chairman Ravinder Takkar, in turn, has reiterated that the telco remains committed to ramping up 4G coverage and launching 5G. “The company will continue to make investments for expanding 4G coverage and capacity, especially in its 17 priority circles and introduce 5G services once funding is in place,” Takkar said in Vis latest annual report. Key Points
Economic TimesUS inflation shows signs of moderation
Policymakers at the Bank of England arent ready to call it quits yet after raising interest rates to the highest level since 2008 and signalled more may be needed. Inflation in the UK is still running far above the central banks target, especially as food prices refuse to abate. Key Points
Economic Times
UN agencies plead for unimpeded Gaza aid
Hamas implores Islamic world to try to halt Israeli assault. United Nations agencies called “on our knees” on Tuesday for aid to be allowed unimpeded into Gaza, saying more than 20 times current deliveries were needed to support its Palestinian population after two weeks of Israeli air strikes. Key Points
The Tribune IndiaUN organisations plead for unimpeded aid to be allowed into Gaza
Trucks of aid began moving into Gaza from Egypt on Saturday but the agencies say they are far from enough. Around 1 million people are homeless, many have been wounded and food and clean water is in short supply. Key Points
ThePrintReady for re-rating once again? 4 stocks from textile sector with upside potential of up to 24%
In past 3 years, a host of sectors have been making a comeback. There are two kinds of comebacks, first is in terms of macro structure of the business witnessing an improvement and hence the bottomline showing an improvement and second is in the stock price performance. Both are very different and that's the most important needed to be taken into account. In last 8-9 years, there has been a policy-level effort to revive sectors like textiles for two reasons. First, it is a labor-intensive sector and impacts a large number of people. Second, there was an opportunity to cut imports and push exports. All the policy efforts were having a moderate impact but then came Covid and China plus one came into the picture, changing the whole picture externally. Internally, help came in the form of the PLI scheme which helped some companies reduce cost of capital and resources for expanding. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum. Key Points
Economic TimesAmerica: Return of the Don
Read about the predictions and implications of Donald Trump's potential second term in the White House. Get insights into his chances, opponents, and political strategies. Key Points
Times Of IndiaPrivate capital needed to accelerate growth further: CEA Nageswaran
India's chief economic advisor, V Anantha Nageswaran, has urged private capital to accelerate the country's growth and cement its position as a global growth engine. He emphasized the need for a relook at the regulatory framework every few years to make regulation and compliance easier for businesses. Nageswaran highlighted that India's growth engine can become faster and accelerate if private capital formation kicks into higher gear. Key Points
Economic Times
WWE commentator Kevin Patrick faces backlash over SmackDown performance
In a recent statement, he conveyed his readiness to tackle any challenge presented to him: Yeah, of course, I'll do whatever's needed. I don't see that happening, I don't. Maybe, who knows. You never say never in any walk of life at all, but down the line if they said to me, 'We need you to do whatever it is,' I'm up for it. I'm just along for the ride in the best possible way. I'm having fun and I'm just honored to be in that chair, quite honestly. Key Points
Economic TimesI became friends with a 95-year-old woman I didn't know
She put up an ad offering her babysitting services. A woman reached out to ask if she would take care of her 95-year-old mom. They became friends until her death. Key Points
InsiderFII holding in HDFC Bank drops further in Q2, investment headroom increases by 170 bps
“More selling by FIIs is needed in the next few quarters before MSCI incorporates the merged entity shares with a factor of one, compared to the 0.5 currently used,” said Abhilash Pagaria, Head - Nuvama Alternative & Quantitative Research. Key Points
Economic TimesAditya Samant becomes India's 83rd chess Grandmaster
Maharashtra player Samant had already crossed the 2500 Elo mark in the live ratings and had obtained two GM norms, Hence, the third and final norm was all he needed to become India's latest Grandmaster. To become a GM, a player has to secure three GM norms and cross the live rating of 2,500 Elo points. Key Points
Economic TimesElon Musk's xAI Might Be Hallucinating Its Chances Against ChatGPT
Elon Musk’s new venture aims to create AI that can “understand the universe” and challenge OpenAI. Right now it’s 11 male researchers with a lot of work to do. Key Points
WIRED
Biden World Bank pick Ajay Banga urges private lenders to step up
The World Bank needs to leverage its current balance sheet and maximise existing resources, but the total resources of development banks are in the billions of dollars, short of what's needed to boost prosperity and deal with rising challenges, said Ajay Banga, a former Mastercard Inc. chief whom Biden nominated last month. Key Points
Economic Times