Investments in China and India, where most of the big deals are taking place, more than tripled to $16.9 billion in the third quarter

Shai Oster: It's not just Silicon Valley start-ups that raise billions

Bloomberg

Manali (Himachal Pradesh) [India], December 12: Whitestone inn and suites, a leader in India's luxury hospitality sector, proudly announces the opening of its new 4-star resort in Manali. This 45-room property offers a harmonious blend of opulence and comfort, designed to redefine the guest experience in one of India's most picturesque destinations.

Whitestone inn and suites Redefines Luxury in the Himalayas with New 4-Star Resort in Manali

Mumbai (Maharashtra) [India], December 12: Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that it is the first ATM solution provider to deploy the Microsoft® Windows 11® IoT Enterprise LTSC 2024 operating system in a live environment. The deployment includes two bank partners in Central Asia, Eurasian Bank and Kapital Bank, and follows the company's previous announcement that it was the first ATM solution provider to support Windows 11. Implementation of the software deployment will be managed by BS/2, Diebold Nixdorf's licensed partner in the Central Asia region. 

Diebold Nixdorf First to Implement Microsoft® Windows 11®on Live ATMs 

New Delhi [India], December 12: Prinday Event Management's "Melbat Vibe On" isn't just a reality show; it's a cultural revolution, a vibrant tapestry woven with the threads of raw talent. As it traverses the length and breadth of North India, from the bustling cities to the serene campuses, this show is more than a competition. It's a platform that's amplifying young voices, nurturing budding stars, and redefining the music scene.

Bridging the Gap Between Talent and Stardom: Prinday\'s \"Melbat Vibe On\" Takes Center Stage

The global chemical weapons watchdog opened an emergency meeting on Thursday to discuss the situation in Syria over concerns about the country's stockpile of toxic chemicals in the wake of the overthrow of President Bashar Assad.
The Organisation for the Prohibition of Chemical Weapons told Syria on Monday the country is under obligations to comply with rules to safeguard and destroy dangerous substances, such as chlorine gas, after rebels entered the capital, Damascus, at the weekend.
Assad's regime denied using chemical weapons but the OPCW found evidence indicating their repeated use by Syria in the grinding civil war. Earlier this year, the organisation found the Islamic State group had used mustard gas against the town of Marea.
In a rare move, the OPCW's executive council called the meeting, hoping that under a new government, some of its 80 inspectors may be allowed to pursue investigations into Syria's chemical weapons program.
Members of the ousted Syrian government plan t

chemical weapons

Mumbai (Maharashtra) [India], December 12: Authorized push payment (APP) scam losses in India reached INR 37,309 million in 2023 and are projected to grow at a 6% compound annual growth rate (CAGR) to reach INR 49,626 million by 2028, according to the latest Scamscope report from ACI Worldwide (NASDAQ: ACIW), a pioneer in global payments technology, in partnership with GlobalData, a leading data and analytics company. The report analysed APP scams across six leading real-time payment markets globally: U.S., U.K., India, Brazil, Australia and the UAE. One in three scam victims will leave their current financial institution, underscoring the critical need for financial institutions to protect customers and maintain trust.

ACI Worldwide Scamscope Projects APP Scam Losses in India to Reach INR 49,626 Million by 2028

News updates: Catch all the latest news updates from around the world here

Congress, Congress flag

The new system will introduce dedicated PF withdrawal cards, functioning like regular bank ATM cards

ATM, Money, Transaction

Markets Live: Indian markets are likely to be driven by the higher close on the Wall Street, after largely in-line retail inflation data there cemented hopes of a rate cut by the US Fed next week

Stock market

Mid, SmallCap stocks to buy: Analysts suggest investors buy only those stocks of those companies where there is earnings visibility for at least a few quarters

Market, BSE, NSE, NIfty, Stock Market, investment

HDFC Bank said that it will take necessary steps to address the concerns and directives mentioned in the letter

HDFC Bank

The Haj quota of India for 2025 is fixed by Saudi Arabia at 1,75,025 pilgrims and has been distributed between the Haj Committee of India (HCoI) and Haj Group Organisers (HGO), the government informed the Rajya Sabha on Monday.
In a written reply to a question in the Upper House of Parliament, Minority Affairs Minister Kiren Rijiju said that for the year 2025, the quota has been distributed within the same range between HCoI and HGOs, in the ratio of 70:30, which has been communicated vide the Haj Policy-2025 issued on August 5, 2024.
For Haj 2025, the quota of Haj pilgrims allotted to HGOs is 30 per cent of India's total of 1,75,025, i.e. 52,507, he said.
The allotment of Haj quota and Haj Group Organisers related terms and conditions are governed by a bilateral agreement which is signed between India and Saudi Arabia factoring many ground realities into account, Rijiju said.
The Haj quota of India for 2025 is fixed by Saudi Arabia at 1,75,025 pilgrims and has been distributed ...

hajj

Brookfield India Real Estate Trust on Monday launched its QIP issue to raise up to Rs 3,500 crore by issuing shares to institutional investors.
In a regulatory filing, Brookfield India Real Estate Trust informed that the Issue Committee of the board of directors of Brookprop Management Services Pvt Ltd -- manager to Brookfield India REIT -- approved the opening of the QIP (qualified institutional placement) issue on Monday.
The panel approved the floor price of Rs 287.55 per unit.
The unit price closed at Rs 290.73 apiece on the BSE.
Last month, the company's unitholders approved a proposal to raise up to Rs 3,500 crore.
The board of directors of Brookprop Management Services approved the issuance of units of Brookfield India REIT through an institutional placement of units not exceeding Rs 3,500 crore in one or more placements.
The proceeds will be used for the partial or full prepayment or repayment of the outstanding borrowings, equity contribution, and general purposes, inclu

Brookfield (Photo: Bloomberg)

Coming out strongly against the Union Government's stance that the Viability Gap Fund (VGF) for the Vizhinjam Seaport project should be repaid in installments, Chief Minister Pinarayi Vijayan on Monday accused the Centre of maintaining a vindictive attitude towards the state.
Addressing the media here, the Chief Minister said that, in a letter responding to the state's request to reconsider the decision on the VGF, Union Finance Minister Nirmala Sitharaman had reiterated the Central Government's stance that the allocation for Vizhinjam should be treated as a loan, not a grant.
The Chief Minister criticised the decision, calling it a deviation from the Central Government's long standing policy on VGF grants.
Even when VGF was allocated for the Kochi Metro, there was no stipulation for repayment, and the new criteria set exclusively for Kerala contradict the standard guidelines of the VGF, he alleged.
The central government has never imposed a repayment condition on any project that 

Pinarayi Vijayan, Pinarayi, Vijayan, Kerala CM

Acknowledging the persistent challenges faced by the industrial sector in Jammu and Kashmir, Chief Minister Omar Abdullah on Monday reaffirmed his government's commitment to supporting local industries in overcoming these difficulties.
Abdullah also highlighted the positive impact of the now-defunct 'Darbar Move' on Jammu's vibrancy, assuring people that the government will resume the practice in the future.
Darbar Move is the bi-annual practice of shifting the seat of power between Jammu and Srinagar during winters and summers, respectively.
Speaking at an event organised by the Jammu Chamber of Commerce and Industry (JCCI) here, where he was felicitated for assuming office as chief minister, Abdullah underscored his administration's dedication to reviving the industrial sector.
"There is no shortage of issues. If I were to claim that these problems have only emerged in the past decade, it would be misleading. These challenges are not new, nor are they solely the result of Jammu a

Omar Abdullah,Omar

The Union Public Service Commission on Monday declared the results of the civil services (main) examination for the selection of candidates for the IAS, IPS and other central services of Group A and B posts.
In a statement, the Union Public Service Commission (UPSC) said the results were declared based on exams held from September 20 to 29.
The UPSC said the successful candidates in the main examination have qualified for the personality test for selection to the Indian Administrative Service, Indian Foreign Service, Indian Police Service and other Central Services (Groups A and B).
The candidature of these aspirants is provisional subject to them being found eligible in all respects, it said in the statement.
The candidates will be required to produce the original certificates in support of their eligibility/reservation claims such as age, educational qualifications, community, economically weaker section, Person with Benchmark Disability (PwBD) and other documents such as TA form

UPSC

Highlighting the historical presence of Hindus in Bangladesh, stating, "We are vanished from Afghanistan. We are vanished from Pakistan. This is the high time. If we are not saved now, we will be

Protest, Delhi Protest, Bangladesh Protest, Hindu Protest

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Policy

The Massachusetts Institute of Technology alleges that the essay, titled 'On Pacifism', could be interpreted as encouraging violent protests on campus

MIT University

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Gold

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Shai Oster

Shai Oster

Shai Oster

Shai Oster: It's not just Silicon Valley start-ups that raise billions

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Whitestone inn and suites Redefines Luxury in the Himalayas with New 4-Star Resort in Manali

Diebold Nixdorf First to Implement Microsoft® Windows 11®on Live ATMs

Bridging the Gap Between Talent and Stardom: Prinday's "Melbat Vibe On" Takes Center Stage

Global chemical weapons watchdog holds emergency meeting on Syria's stock

ACI Worldwide Scamscope Projects APP Scam Losses in India to Reach INR 49,626 Million by 2028

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