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Guardian
21h
33
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US credit rating downgrade could add to pressure on government debt
- Moody’s downgraded the US credit rating from Aaa to Aa1, citing rising government debt and widening budget deficit.
- Concerns about the US fiscal trajectory have increased with the national debt standing at $36tn and fear of higher deficits from proposed tax cuts.
- Moody’s expects larger deficits and growing interest costs in the future due to successive administrations' failure to address fiscal deficits adequately.
- Investors are hopeful the downgrade will not have a lasting market impact, but attention is now focused on US debt levels and potential increase in Treasury yields.
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HinduBusinessLine
21h
70
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A reckoning for drug pricing
- Global pharma industry facing uncertainty due to latest directive on drug pricing, impacting Indian drugmakers as well.
- Potential rise in medicine prices in other countries and implications on India-specific drug pricing discussed amid anticipated announcements.
- Trump's expectation of lowering drug prices for Americans by significant percentages poses questions on Indian drugmakers' positioning in the market.
- Pharmaceutical landscape set for recalibration with focus on trade negotiations, intellectual property rights, and impacts on generic drugs segment.
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Bloomberg Quint
21h
355
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Trade Setup For May 19: Nifty 50 Faces Resistance At 25,200 Levels After Strong Week
- NSE Nifty 50 faces resistance at around the 25,200 levels after a strong performance last week, as per stock market analysts.
- Short-term technical outlook for Nifty remains bullish, with 24,800 level identified as immediate support.
- Nifty expected to trend positively towards 25,200-25,300 levels with potential breakout above 25,300 in the coming weeks.
- Foreign portfolio investors were net buyers, domestic institutional investors turned buyers; Nifty May futures, F&O cues, and key stock updates highlighted.
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TronWeekly
21h
357
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Don’t Get Hung Up On Ridiculous XRP Price Targets, Here Are The Metrics That Matter
- XRP's on-chain metrics show mixed results despite positive developments in the market.
- XRP has seen growth in the number of wallets but lags behind Bitcoin and Ethereum in daily wallet creations.
- While XRP has high transaction volume and utility for international payments, its price targets may not be fully justified by on-chain data.
- Remittix emerges as a potential alternative to XRP for fast, low-cost international payments with significant market potential.
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HinduBusinessLine
21h
294
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Fednav chief Paul Pathy to head BIMCO
- Paul Pathy, the third generation CEO of Fednav, will head BIMCO after years of experience in the family business.
- Pathy emphasizes the importance of supporting the maritime industry, ensuring seafarer safety, and facilitating global trade amid rising geopolitical tensions.
- The International Air Transport Association (IATA) launches a 10-year global baggage roadmap aimed at modernizing baggage operations.
- The roadmap focuses on improving operational efficiency, traveller satisfaction, better tracking, real-time updates, and electronic bag tags.
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Medium
22h
287
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Why AI Needs to Be Banned Like Weapons of Mass Destruction
- AI, when advanced, can possess power similar to weapons of mass destruction, capable of causing vast devastation and overriding human intentions and values.
- A single advanced AI system could autonomously engage in cyberattacks, manipulate financial markets, spread disinformation, and take control of defense infrastructure.
- Unlike WMDs, AI can be developed by private actors or rogue individuals, posing a democratized and potentially apocalyptic threat.
- The militarization of AI, with autonomous drones and algorithmic war simulators, presents immediate dangers, including accidental war triggers.
- AI threatens not just physical safety but also human autonomy, as algorithms increasingly drive decisions shaping various aspects of society.
- The existential risk of superintelligence looms, as AGI and potentially superintelligent systems could surpass human capabilities and goals, posing uncontrollable dangers.
- AI automation risks massive job displacement, economic instability, wealth inequality, and social unrest, akin to the fallout from chemical or biological attacks.
- Advocates for a global ban on AGI research and large-scale AI experiments argue that rigorous regulation may not suffice to prevent catastrophic outcomes.
- A call for international treaties, transparency in AI labs, and criminal penalties for violations is made to prevent the potential silent Armageddon AI could bring.
- AI is likened to chemical weapons and nuclear warheads in its potential for irreversible catastrophe and the importance of global action to prevent unchecked developments.
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Bloomberg Quint
22h
48
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Women Constitute Only 35% STEM Graduates Globally: UNESCO
- Women constitute only 35% of STEM graduates globally with no significant progress made in the last decade, according to UNESCO's Global Education Monitoring team.
- The digital transformation is mainly led by men, with women making up only 26% of the workforce in data and Artificial Intelligence.
- Negative gender stereotypes and lack of confidence in mathematics are major reasons behind the low representation of women in STEM fields.
- Efforts are being made to address the gender gap in STEM education through gender-responsive counselling, career orientation, and mentorship activities for girls.
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Bloomberg Quint
22h
335
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Anarock's FY25 Revenue Up 33% On Higher Property Consultancy Fees
- Anarock Group's revenue increased by 33% in the fiscal year 2024-25 to reach Rs 755 crore, driven by higher demand for residential and commercial properties.
- The revenue growth was attributed to India's overall economic growth, leading to increased demand from end users and investors.
- Anarock's revenue mainly came from consultancy services in the housing segment, land deals, capital market transactions, and various other real estate services.
- The company raised Rs 200 crore for business growth and expansion, focusing on acquisitions to complement its existing businesses.
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Bloomberg Quint
22h
343
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India Can Become Powerhouse In Cruise Tourism: Thomas Cook India CEO
- India has the potential to become a powerhouse in ocean and river cruise tourism according to Thomas Cook India Managing Director and CEO Mahesh Iyer.
- Cruise holidays offer a seamless travel experience by eliminating visa complexities and providing all-inclusive accommodation, dining, entertainment, and sightseeing.
- Challenges faced by the Indian tourism sector include infrastructural gaps like limited availability of quality hotels and last-mile connectivity issues in emerging circuits.
- Government initiatives like Cruise Bharat Mission and Maritime India Vision 2030 are expected to drive growth in the cruise tourism segment.
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Bloomberg Quint
22h
14
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Large Cement Makers Report Volume Growth In Q4, Expect To Continue Momentum In FY26
- Large cement companies reported volume growth in the March 2025 quarter and anticipate improved performance in fiscal 2026.
- Key cement firms like UltraTech, Ambuja Cements, ACC, Shree Cements, and Dalmia Bharat maintained 7 to 7.5% growth in the industry for 2025.
- Despite positive growth, concerns exist over geopolitical tensions and changing trade dynamics.
- Cement makers saw volume gains ranging from 3.5% to 10% in the March quarter with enhanced capacity utilization.
- While input costs like coal, petcoke, and diesel were lower, sales realizations faced challenges.
- Average cement prices in India were around Rs 350 per 50 kg bag in March 2025.
- Cement prices in fiscal 2025 declined by 7% year-on-year to Rs 340 per bag, reflecting market trends.
- Operating margins for cement companies are expected to improve in fiscal 2026, aided by slight price hikes and stable input costs.
- The industry is experiencing consolidation, with larger players acquiring smaller firms for growth.
- Key players like UltraTech, Ambuja Cements, and Shree Cements reported significant sales volumes and strategies for growth in fiscal 2026.
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HinduBusinessLine
22h
37
Image Credit: HinduBusinessLine
AP targets big returns from shipyards, ports
- Andhra Pradesh is focusing on mega investments in port infrastructure to drive job creation and economic growth since its bifurcation in 2014.
- The government plans to develop shipbuilding and ship repair services, along with greenfield ports to boost the economy.
- A shipbuilding and repair cluster is planned in Dugarajapatnam, Nellore district, with an investment of ₹3,500 crore, aiming to attract global companies and generate thousands of jobs.
- The State anticipates increased vessel traffic with the operationalization of three new ports and development of nine fishing harbours across the coastline.
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TechBullion
22h
78
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Need Help with ITR Filing? Let 1 Finance’s Experts Handle Everything for You
- Filing your Income Tax Return (ITR) can be complex and time-consuming, but 1 Finance offers expert assistance to make the process hassle-free and compliant.
- Errors in self-filing ITR can lead to penalties and legal issues, while 1 Finance's team of Chartered Accountants ensures accurate and personalized support.
- 1 Finance handles various income categories like salaried employees, freelancers, business owners, investors, NRIs, and senior citizens with tailored services.
- The platform guides users step-by-step through document submission, review, and final e-filing, ensuring transparency and ease of process.
- Expert guidance from 1 Finance helps taxpayers maximize tax savings by leveraging deductions and exemptions under different tax sections.
- 1 Finance aids in timely compliance to avoid penalties, fines, and audits by filing returns well before deadlines and minimizing errors.
- Data security and confidentiality are prioritized by 1 Finance through encryption technologies, ensuring the safe handling of sensitive financial information.
- Choosing 1 Finance for ITR filing guarantees precision, expertise, and updated tax knowledge, leading to maximum benefits, compliance, and peace of mind.
- The platform's user-friendly service simplifies tax filing for various individuals, saving money and ensuring strict adherence to tax regulations.
- Experience the ease and confidence of expert-assisted ITR filing with 1 Finance to secure your financial future without worrying about tax complexities.
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Coinpedia
22h
89
Image Credit: Coinpedia
Is MUTM Quietly Becoming the Next Big Crypto? Price Predictions Point to a 15x Surge
- Mutuum Finance (MUTM) is gaining attention for its real growth, utility, and early investor positioning in the crypto market.
- Analysts predict a potential 15x surge for MUTM, with a short-term price target of $0.375, supported by its unique DeFi architecture.
- MUTM offers two lending models, Peer-to-Contract (P2C) and Peer-to-Peer (P2P), broadening its user base and enhancing its dynamics compared to competitors.
- The project has raised over $8.6 million in its presale, attracting nearly 10,000 holders, with predictions indicating that MUTM's early price does not reflect its full potential.
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TechBullion
22h
26
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Urban Woods by Rustomjee: Nature-Inspired Living in Thane
- Rustomjee Urban Woods in Thane offers a harmonious blend of urban living and natural tranquility, embraced in sustainable design principles.
- Designed by Rustomjee Group, this residential project prioritizes eco-consciousness and community well-being over traditional housing concepts.
- Located strategically in Thane, Urban Woods enjoys connectivity to key transport routes while being distanced from the urban bustle for peace.
- The architecture of Urban Woods integrates nature through green roofs, rainwater harvesting, and designs that promote natural light and ventilation.
- It provides amenities like clubhouse, gym, yoga decks, eco-park, and security, all contributing to a holistic and balanced lifestyle for residents.
- Rustomjee Urban Woods stands out for its sustainable initiatives, promoting eco-friendly habits among residents and nurturing a green community.
- The homes in Urban Woods boast modern elegance, spacious layouts, and smart features, catering to diverse lifestyle preferences.
- As part of the reputed Rustomjee Group, Urban Woods assures quality, innovation, and customer satisfaction in line with their legacy.
- With a focus on green living and modern comfort, Urban Woods represents the future of residential development in Thane, promising a fulfilling lifestyle.
- Whether for first-time buyers, families, or investors, Urban Woods offers a wholesome living experience that embodies nature, convenience, and community.
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HinduBusinessLine
22h
175
Image Credit: HinduBusinessLine
Kochi water metro’s fame spreads
- Kochi Water Metro project in India is a blend of tradition and innovation as a public water transport system, aiming to expand to 24 cities, including in the North-East region.
- The project is expected to bring economic benefits to cities by enhancing connectivity for riverine and low-income communities, while aligning with the government's goal of sustainable urban transportation.
- Managed by Kochi Metro Rail Ltd, the water metro service has been successful in Kochi, ferrying over four million passengers, with plans for major expansion and interest from the World Bank.
- Feasibility studies for launching water metro systems in other urban centers across India are ongoing, focusing on sustainability in public transport and overcoming challenges related to different water bodies and technologies.
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