Trading volume in Strategy (MSTR) shares exploded Monday as the stock fell after the Nasdaq-listed firm announced a new dollar reserve and adjusted its full-year profit outlook. More than 42.9 million shares changed hands, making it the busiest trading day since Dec. 20, 2024, according to TradingView data. The stock lost 3.25% to $171.42. Strategy…
Air India had operated a 164-seater Airbus A320 on eight flights before an engineer finally detected a safety lapse and the aircraft was taken out of service.The flight, operated betwen November 24 and 25 according to sources cited by ET, was not suitable for flying as its airworthiness licence had already expired. The operations posed…
NEW DELHI: The Supreme Court on Tuesday asked the Election Commission to consider deferring the exercise of filling and submission of enumeration forms amid the ongoing special Intensive revision of electoral rolls in Kerala.This comes after the top court issued order on certain pleas filed by political parties in Kerala that have challenged the SIR…
AI agents are getting good enough at finding attack vectors in smart contracts that they can already be weaponized by bad actors, according to new research published by the Anthropic Fellows program. A study by the ML Alignment & Theory Scholars Program (MATS) and the Anthropic Fellows program tested frontier models against SCONE-bench, a dataset…
The Supreme Court on Tuesday took a sharp stance while hearing a habeas corpus plea alleging the custodial disappearance of Rohingya individuals and seeking that any deportation follow due process, asking whether “intruders” should be given a “red carpet welcome,” as reported by LiveLaw.Chief Justice of India Surya Kant, sitting with Justice Joymalya Bagchi, questioned…
Oppo, Vivo, Lenovo-Motorola, Haier, Midea and other top Chinese electronic companies are relying on group companies to fund their Indian operations, according to the Registrar of Companies filings. Most of the funds received are from external commercial borrowing route from linked parties.According to sources cited by ET, this comes as the entities face a roadblock…
NEW DELHI: Manufacturing activity softened in Nov as export orders eased due to the impact of US tariffs while job creation in the sector slowed to a 21-month low, a survey showed on Monday. Registering 56.6 in Nov, the HSBC India Manufacturing Purchasing Managers’ Index (PMI) was above the neutral mark of 50.0 and its…
NEW DELHI: Karnataka chief minister Siddaramaiah and D K Shivakumar on Tuesday projected a strong display of unity after their second breakfast meeting at Deputy CM’s residence, declaring that they would “run the government together,” amid escalating leadership tussle within the Congress.Addressing the joint press briefing, Siddaramaiah said a meeting with the party high command…
New Delhi: Punjab National Bank Monday said that it expects the Indian economy to show robust growth in the coming quarters of the current fiscal, which is expected to boost credit demand for banks.“The Indian economy is very robust, despite challenges; our Q2 GDP growth number was 8.2%. In that quarter (July-Sept), the full impact…
MUMBAI: Complaints against credit information companies have almost quadrupled in three years, signalling growing frustration among borrowers over credit scores and data accuracy. This surge stands out in the wider trend of rising grievances handled by India’s financial ombudsman. CIC complaints rose from 1,039 in 2022-23 to 3,847 in 2023-24 and further to 4,585 in…
