Ireland’s data protection watchdog has fined Meta Platforms after discovering that the company stored passwords for some Facebook and Instagram users without adequate safeguards. This breach raised serious concerns about user privacy and data security. The fine highlights ongoing scrutiny over how tech giants handle sensitive user information.
Apple Inc.’s stock soared on Monday following a positive report from J.P. Morgan about iPhone availability. The boost was driven by improvements in the iPhone 16 base models, creating a wave of optimism among investors.
 "Federal Reserve anticipates gradual rate cuts as inflation slows, but uncertainty looms over future economic conditions and job market stability.")
Federal Reserve Chair Jerome Powell stated that the U.S. economy is seeing slow but steady progress in reducing inflation, which could lead to further interest rate cuts. Speaking at a conference in Nashville, Powell emphasized that disinflation is becoming more widespread and indicated that the Fed’s target inflation rate of 2% is within reach. He ...
Vistara will cease operations on November 12, 2024, as it merges with Tata Group’s Air India. Passengers can book flights through Air India’s website, with Vistara flights maintaining their brand until November 11. Singapore Airlines has secured a 25.1% stake in the merged airline following Indian government approval for foreign investment. Vistara’s frequent flyer program, ...
 "Max Estates’ ‘Estate 360’ in Gurugram surges with Rs 4,100 crore in pre-sales, redefining luxury living in just one month.")
Max Estates Ltd has successfully launched its first residential project, ‘Estate 360,’ in Gurugram, generating impressive sales of Rs 4,100 crore within just one month. The project, located at Sector 36A along the Dwarka Expressway, exceeded initial sales expectations of Rs 4,000 crore for the fiscal year 2025. As a result, Max Estates has increased ...
Delhi Chief Minister Atishi recently inspected several roads in the capital and promised residents a “pothole-free” Diwali. During her visit to areas like NSIC Okhla and Mathura Road, she noted many roads were in poor condition and directed officials to start repairs immediately. Atishi emphasized that her government aims to ensure all roads are fixed ...
 "Hydra Trading sells 1.24% stake in RBL Bank for ₹152 crore, as shares plummet, while Plutus Wealth acquires SpiceJet shares.")
Hydra Trading has sold a 1.24 percent stake in RBL Bank for over Rs 152 crore through an open Market transaction. The sale involved 75.11 lakh shares, averaging Rs 203 each. As of the end of June, Hydra Trading held a 1.25 percent stake in the private lender. Following the transaction, RBL Bank’s shares fell ...
Uttar Pradesh Chief Minister Yogi Adityanath addressed a public meeting in Bhiwani, highlighting the achievements of the Bharatiya Janata Party (BJP) in Haryana, including improvements in connectivity and the establishment of institutions like IITs, IIMs, and AIIMS. He criticized the Congress party, comparing its values to “the culture of Rome” and accused its leaders of ...
 "SEBI unveils bold reforms, including a high-risk asset class and streamlined regulations, amidst controversy and internal discontent.")
The Securities and Exchange Board of India (SEBI) has recently approved a new asset class aimed at high-risk investors, providing more flexibility for fund managers. This new product, called “Investment Strategies,” requires a minimum investment of Rs 10 lakh and intends to prevent unregistered investment schemes. SEBI also introduced the Mutual Funds Lite framework, easing ...
Union Home Minister Amit Shah criticized Congress president Mallikarjun Kharge for his recent remarks about Prime Minister Narendra Modi during a rally in Jammu and Kashmir. Shah called Kharge’s comments “absolutely distasteful and disgraceful,” particularly noting how Kharge mentioned he would only die after Modi is removed from power. Shah expressed that such statements reflect ...
