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S&P Global Ratings downgraded Senegal’s long-term foreign currency rating, citing a high chance that the country will default on its debt following an agreement reached with the IMF for a $2.2 billion loan. The rating decision drops the West African nation deeper into junk territ
Kenya’s government sought to reassure foreign traders that they have legal protection to operate in the country after President William Ruto raised doubts over their status in East Africa’s biggest economy. Ruto reportedly ordered authorities to begin shutting down foreign-owned
Pranav Constructions GMP in focus: The grey market premium (GMP) of Pranav Constructions was trading at a solid premium on Monday, September 7, as the IPO opened for subscription. Pranav Constructions GMP is trading at a robust premium of ₹44 per share, or 34.5%, in the grey mark
Astonishing mod runs DLSS 5 on a second GPU to boost neural-rendered FPS up to 127% — game renders on one card, neural post-processing runs on the other, much like dedicated PhysX GPUs Harkening back to the days of PhysX. Nvidia's DLSS 5 Neural Rendering technology has taken the
* The deal is expected to raise €4 billion ($4.65 billion) and will be launched in the near future, subject to market conditions, the memo said. * Barclays, BBVA, Credit Agricole CIB, J.P. Morgan, Morgan Stanley and Santander have been selected as lead managers. Spain has announc
India's benchmark 6.94% 2036 bond yield ended at 6.9607%, versus 6.9625% at Friday's close. On Monday, the RBI withdrew 2.59 trillion rupees through its first ever 30-day variable rate reverse repo that includes flexibility for early redemption, against an option of 7 trillion ru
German rocket maker Isar Aerospace successfully reached orbit for the first time over the weekend, marking a milestone for Europe's commercial space industry as the company looks to ramp up launches to meet what it says is booming demand. The Munich-based company's Spectrum rocke
And then the party started. The scammers - a network of young men in their late teens or early 20s - celebrated the August 2024 heist by embarking on a wild spending spree. They purchased fleets of sports cars, flew on private jets, hired security guards and rented mansions in Mi
Deepinder Goyal’s wearable startup Temple has released its first validation study, with researchers finding that its proprietary brain flow metric broadly tracked changes in cerebral blood-flow velocity recorded using transcranial Doppler (TCD) ultrasound. However, the study, pub
Foodtech and quick commerce platform Swiggy has agreed to sell its retail distribution business Lynk Logistics to eB2B platform Udaan for Rs 500 crore, in a deal that will expand Udaan’s presence across key consumption markets. As part of the transaction, Swiggy will receive appr
Indian capital market regulator Securities and Exchange Board of India (SEBI) has reduced the regulatory compliance for all foreign portfolio investors (FPIs) investing exclusively in government securities (G-Secs).In a circular dated 7 September, SEBI said: "FPIs investing only
On Monday, the benchmark Sensex declined 382 points to close at 76,132. Despite the overall market weakness, four stocks from the BSE 200 Index touched fresh 52-week highs, their highest levels in the past year. A 52-week high indicates that a stock has reached its highest price
President Donald Trump posted a stream of AI-generated images and a series of sweeping and unverified claims on Truth Social on Sunday, including saying that he has made hundreds of billions of dollars on stocks and other holdings for the U.S. The 80-year-old commander in chief s
President Donald Trump posted a stream of AI-generated images and a series of sweeping and unverified claims on Truth Social on Sunday, including saying that he has made hundreds of billions of dollars on stocks and other holdings for the U.S. The 80-year-old commander in chief s
Swiggy's subsidiary, Swiggy Networks Ltd, has entered a share acquisition agreement with B2B ecommerce unicorn Udaan to acquire Swiggy-owned retail distribution platform LYNK in a share-swap transaction valuing the business at ₹500 Cr. Under the deal, Swiggy Networks will transfe
The move follows the Reserve Bank of India’s decision in June to withdraw concentration limits for FPIs investing in government securities through the General Route. Sebi, in a circular issued on Monday, said the requirement to identify the investor group of an FPI investing only
The Securities and Exchange Board of India (Sebi) has eased compliance requirements for foreign portfolio investors (FPIs) that invest exclusively in Indian government securities, showed a circular issued on Monday. The move is aimed at simplifying the regulatory process for over
Tom's Hardware Verdict The Montech Century II Gold 850W ATX 3.1 lands squarely in the sweet spot of the mainstream Gold tier. Its half-bridge LLC platform from XWY is not the most ambitious silicon configuration you can buy, but the unit delivers solid voltage regulation, respect
So this is a seemingly simple post, and one with a title that is purposefully a bit binary. Yes, sometimes it’s OK to hire a CRO / VP of Sales that everyone loves. But not usually. At least 9 times out of 10, if everyone on the team loves a VP of Sales, it’s the wrong hire. And t
The sharp move in HEG's share price on Monday does not represent the kind of wealth destruction the headline numbers might suggest. Shares of HEG Advanced Materials Ltd. opened at ₹260 on September 7, the first day of trading after the demerger adjustment, but subsequently climbe
The Scene HUMAIN CEO Tareq Amin recognizes Saudi Arabia’s latest effort to transform its economy for what it is: an audacious bet that it can join the US and China as a global AI superpower. Ahead of US President Donald Trump’s visit to the Kingdom last year, the Jordanian-Americ
Britain's Jaguar Land Rover (JLR) has said it will cut 4,000 jobs — around 10% of its global workforce — as the luxury car manufacturer responds to intense competition from cheaper Chinese rivals, a cyberattack and U.S. President Donald Trump's tariffs. The company, which is owne
In a post on X, Kamath recounted his association with Rangappa, saying the two first met around 2005 when Kamath was attempting to sell him an international investing account. “I remember going to his office, and we hit it off almost instantly,” Kamath said, adding that Rangappa
Listen to this article in summarized format The growing interest in private credit comes at a time when HNIs are reassessing portfolio construction amid shifting equity valuations, foreign fund flows and interest-rate expectations. But the prospect of higher returns makes risk as
GTA Vice City and GTA III return to web browsers after a DMCA takedown — Open-source reverse engineering brings the classics to the web with over 100 FPS performance The games are available across two platforms. Grand Theft Auto: Vice City has cemented itself as one of the most l
The NSE Nifty 50 ended at 23,779.15, down 118.55 points, or 0.50%. The BSE Sensex closed at 76,132.81, declining 382.62 points, or 0.50%. Among broader market indices, the Nifty Midcap 100 fell 0.46%, while the Nifty Smallcap 100 edged up 0.02%. Sectorally, all indices ended in t
Bengaluru-based house of brands startup Evenflow Brands has entered into a licensing agreement with Authentic Brands Group (ABG) to manufacture, market and distribute Reebok’s sports, fitness, recovery and adventure products across India. The partnership will expand Reebok’s pres
Multibagger defence stock Raymond ended 4.22% higher at ₹772.80 after hitting a 52-week high of ₹ 789 during the session on Monday, 7 September, ahead of the company's board meeting to discuss fundraising.Raymond plans to raise fundsIn an exchange filing on 3 September, Raymond s
When the Market Already Knows the Story The quote highlights a fundamental concept of financial markets: stock prices generally reflect information that is already widely known and understood by investors. When an investment opportunity becomes obvious and attracts widespread att
The board approved the establishment of a Euro Medium Term Note Programme (EMTN Programme) in accordance with Regulation S of the US Securities Act, 1933, subject to regulatory, statutory and other approvals, RBL Bank said in a stock exchange filing. The board cleared a proposal
Both the lenders will look to raise funds through a sale of three-year or five-year papers, or a combination of both, under the central bank's concessional swap window, which lowers the cost of hedging the risk of unfavourable currency moves, the bankers added. The bankers reques
The Scoop AI data center builder DataVolt, linked to Saudi billionaire Mohammed Abunayyan, plans to complete a 100-megawatt facility in NEOM within 13 months, focused entirely on exporting compute capacity. The data center will cost around $1 billion and has already broken ground
Tom's Hardware Verdict Anycubic’s Photon P1 MAX is the latest large resin printer, with new tech alongside its little brother, the P1. It sports a heated vat, Wave Release Technology, and a large, locking build plate and vat. Pros - +Wave Release film - +Heated vat - +Large build
With GFF around the corner, I wanted to reflect on what we have actually learned from our fintech portfolio, especially since fintech was the very first area we focused on when we started the fund. A core part of how we work at Better has been to identify a microtrend early, buil
The fund will focus on real estate opportunities across Chennai, Bengaluru and Hyderabad, with investments ranging between Rs 75 crore and Rs 200 crore across around 8-10 projects. The fund is structured to provide institutional investors exposure to real estate development margi
In early June, a fire broke out in a still-unfinished building at the Lake Mariner data center in Somerset, New York, exposing just how little the local fire department knew about what it was walking into. Firefighters reportedly found no working alarm, no suppression system, and