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Baystreet
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TSX Solid by Noon
- Canada's main stock index, the TSX Composite Index, rose 119.92 points to 24,187.85, driven by surging gold prices and a steady interest rate from the Bank of Canada.
- Parkland, an oil and gas company, announced the resignation of its President and CEO, Bob Espey, resulting in a 2.1% dip in the company's shares.
- On Wall Street, the S&P 500 declined as Nvidia's warning about exporting graphics processing units to China impacted global tech stocks.
- Nvidia's shares dropped 6%, while other chipmakers like AMD and Micron Technology also saw declines. Big tech companies, including Meta Platforms, Alphabet, and Tesla, also felt the pressure.
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Baystreet
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S&P, NASDAQ Plummet as Nvidia Drops
- The S&P 500 and NASDAQ Composite declined as Nvidia's warning put pressure on global tech.
- Nvidia's announcement of a $5.5 billion quarterly charge related to exporting its H20 graphics processing units to China and other nations triggered a 6% drop in the company's shares.
- Other chipmakers, including AMD and Micron Technology, also experienced declines following Nvidia's announcement and ASML's disappointing earnings report.
- Tech giants such as Meta Platforms, Alphabet, and Tesla faced pressure, with their share prices declining.
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HinduBusinessLine
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Lower loss due to derivatives portfolio discrepancies ‘positive’ for IndusInd Bank in near term, says Macquarie
- The recent disclosure by IndusInd Bank regarding discrepancies in derivative book accounting result in a loss of 2.27% of the bank's net worth, lower than the initial estimate.
- The impact of the discrepancies is limited to what was previously ascertained by the management, which is considered positive in the near term.
- The focus now shifts to the forensic audit report to determine the root cause and accounting for the discrepancies.
- Obtaining more clarity around management succession is a key concern in the near-medium term, alongside other factors such as credit costs and sustainable margins.
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HinduBusinessLine
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166
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DLF to sell IT SEZ park in Kolkata to Srijan Group for ₹693 crore in slump sale
- DLF has signed a deal to sell its IT/ITeS Special Economic Zone (SEZ) park in Kolkata to Srijan Group.
- The deal includes a freehold land parcel of 25.90 acres and the DLF Techno Park building with a gross leasable area of 10,54,357 square feet.
- The agreed consideration for the sale is approximately ₹693 crore.
- This is the second such deal for DLF, as it had previously sold its Kolkata Tech Park 1 project in November 2024.
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TechBullion
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364
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Top 7 Reasons to Choose Professional Minecraft Hosting in 2025
- Choosing a professional Minecraft hosting company offers several benefits.
- Top hosting companies use high-grade servers and network-optimized environments for smoother gameplay.
- Professional hosting provides built-in security against attacks and ensures 24/7 server uptime.
- Easy-to-use control panels, scalability, and 24/7 customer support make professional hosting convenient and affordable.
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Bloomberg Quint
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339
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Chipmakers Lead Tech Stock Rout As Trump Curbs Exports To China
- Technology stocks led losses on Wednesday after Nvidia Corp. and Advanced Micro Devices Inc. said President Donald Trump’s administration has curbed the export of its chips to China, while ASML Holding NV offered a disappointing earnings report.
- Nvidia sank as much as 7% after warning it will report around $5.5 billion in related charges during the fiscal first quarter, with AMD down 6.33% as it expects to take a charge of as much as $800 million. ASML plummeted 5.37%.
- The Trump administration put new restrictions on semiconductor exports to China, impacting Nvidia’s H20 chip and AMD’s MI308 products unless the companies secure a license — the latest escalation of Washington’s tech battle with Beijing.
- The developments in the tech sector overshadowed signs that China is willing to negotiate on trade after the nation said it was open to discussions with the White House if its officials rein in disparaging remarks.
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HinduBusinessLine
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282
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RBI took 79 enforcement actions against banks, NBFCs in FY25: FACE
- The Reserve Bank of India (RBI) took 79 enforcement actions against banks and non-banking financial companies (NBFCs) in FY25.
- 38% of penalty cases were imposed on banks, accounting for 82% of the overall penalty amount.
- NBFCs accounted for 60% of penalty cases, but only 18% of the penalty amount.
- Actions were taken for various reasons, including non-compliance with KYC norms, Fair Practices Code, corporate governance, digital lending guidelines, and more.
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Bloomberg Quint
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Panasonic India Targets Double-Digit Growth After Rs 1,100 Crore Profit In Fiscal 2025
- Panasonic India is targeting double-digit growth in the current fiscal year after achieving a nearly Rs 1,100 crore profit in fiscal 2025.
- In fiscal 2025, Panasonic's consumer goods contributed 30% of the revenue while the B2B segment accounted for 50%.
- Panasonic Life Solutions India's net profit crossed Rs 1,100 crore, registering a growth of nearly 41% in the financial year ended March 31, 2025.
- Some categories such as devices, room air conditioners, and smart factory solutions drove the growth for Panasonic.
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Bloomberg Quint
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256
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Isuzu Motors India's CV Exports Surge 24% To Lead Fiscal 2025 Market
- Isuzu Motors India's commercial vehicle exports grew by 24% to 20,312 units in FY25, leading among CV exporters in the country.
- Isuzu continues to expand its global presence, particularly in the pickup category, by leveraging India as a manufacturing base.
- The company operates a manufacturing facility in Sri City, catering to markets across Asia and the Middle East.
- Isuzu Motors India started operations in 2016 and has recently rolled out its 100,000th vehicle from the Sri City facility.
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TronWeekly
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Best iGaming Innovations Transforming Online Gambling in 2025 | Top Trends
- The online gambling industry is undergoing a transformation with innovative technologies like AI, VR/AR, blockchain, and mobile optimization setting new standards for player engagement and security.
- Artificial Intelligence (AI) is revolutionizing player engagement by offering personalized recommendations and adjusting game settings based on individual preferences.
- AI-driven personalization includes adaptive difficulty, custom themes, and behavior analysis, creating a tailored and immersive gaming experience.
- AI chatbots in customer support provide immediate assistance with natural language processing, enhancing user experience and resolving queries efficiently.
- Virtual and Augmented Reality technologies are transforming online casino gameplay, offering immersive experiences and interactive environments for players.
- Blockchain technology ensures secure and transparent transactions in online gambling, while cryptocurrency integration offers enhanced security and faster processing.
- Mobile gaming optimization focuses on responsive design, user-friendly interfaces, and dedicated mobile applications to provide seamless experiences on smartphones and tablets.
- Gamification elements like reward systems, loyalty programs, interactive challenges, and tournaments enhance player retention and engagement in online gambling.
- Innovations in slot game design feature themed and branded slots, interactive bonus features, and advanced payment methods such as pay by mobile services and instant withdrawals.
- Responsible gambling initiatives include AI-based monitoring tools, self-exclusion options, and a focus on player well-being to promote safe gaming practices.
- Social and community-based gaming elements like multiplayer games, live dealer options, and community events create a sense of belonging and interaction among players in the online gambling space.
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TheNewsCrypto
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155
FFGI Announces FFG Token: A New Chapter in Blockchain-Based Film Finance
- Film Finance Group International (FFGI) has announced the launch of its ERC-20 utility token, FFG Token ($FFG), which aims to revolutionize film finance using blockchain technology.
- FFG Token is an asset-backed token that provides transparency and accountability in the film funding process, replacing vague promises with verifiable payouts and investor control.
- The token is tied to real production milestones and ensures greater accountability by allocating funds based on verified deliverables.
- FFGI has also developed a blockchain accounting system for film finance and is planning to offer licensing opportunities to other studios or industries.
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Leadgrowdevelop
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Easy Ways To Enhance Cognitive Health for Seniors
- Regular physical activity is essential for enhancing cognitive health in seniors. Encourage regular walks, yoga, or low-impact aerobic classes.
- A healthy diet with brain-boosting nutrients like omega-3 fatty acids, antioxidants, and vitamins is vital for brain health in seniors.
- Mental stimulation through puzzles, reading, and learning new skills helps maintain cognitive abilities and keeps the brain engaged.
- Fostering social connections, both in-person and through video chats, reduces isolation and keeps seniors socially engaged for better cognitive function.
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Bloomberg Quint
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266
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'Many Gensol In Hiding': Vijay Kedia Lists 10 Red Flags For A Potential Scam
- Vijay Kedia lists 10 red flags to identify potential scams.
- Companies that talk big and overpromise, and maintain constant media presence are red flags.
- Other red flags include overuse of buzzwords, lavish promoter lifestyles, and excessive related-party transactions.
- Securities and Exchange Board of India (SEBI) bars Gensol Engineering and its executives from securities markets due to alleged diversion of funds.
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HinduBusinessLine
5d
98
Image Credit: HinduBusinessLine
Power demand forecasting could make a difference this year
- Power demand forecasting is crucial for evaluating shortfalls and ensuring grid stability.
- Coal stocks in domestic coal-based thermal plants are comfortable, improving power supply stability.
- Uncertainties can arise due to unpredictable monsoon behavior, leading to intermittent demand-supply mismatches.
- Stepping up battery and pumped storage, as well as contracting stable coal or gas-based power, is important for grid stability.
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HinduBusinessLine
5d
143
Image Credit: HinduBusinessLine
Trump’s tariff regime to contract global trade in 2025 by 0.2%-1.5% : WTO
- The reactivation of suspended reciprocal tariffs by the United States could cause a 1.5% decline in world merchandise trade in 2025.
- Global merchandise trade volume growth would reduce by 0.6% in 2025 due to reciprocal tariffs, with an additional 0.8% reduction from trade policy uncertainty.
- Indian exporters may face challenges as imports by North America are predicted to drop by 9.6%.
- The US-China trade disruption could lead to a significant trade diversion and create export opportunities for other suppliers.
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