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Bloomberg Quint
7h
322
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Delhi Airport Sees Around 100 Flight Cancellations On Sunday
- Around 100 flights to and from Delhi airport were cancelled on Sunday due to enhanced security measures.
- As many as 52 domestic departures, 44 arrivals, and one international departure were cancelled between 5.00 am and 4.30 pm.
- Security measures were increased following the conflict between India and Pakistan, leading to temporary closure of 32 airports in the northern and western regions.
- Delhi Airport assured normal operations but mentioned possible flight schedule changes and security checkpoint processing delays.
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Bloomberg Quint
7h
144
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100 Terrorists, 35-40 Pak Army Personnel Killed, Proof Of Damage Inflicted — Key Takeaways From DGMO Briefing
- At least 100 terrorists were eliminated in precision strikes under Operation Sindoor, with around 35-40 Pakistani Army personnel killed.
- Indian military officials shared evidence of damage inflicted on Pakistani forces' airfields during the press briefing.
- India warned of strong retaliation if Pakistan violates the ceasefire agreement reached on Saturday.
- The operation included destroying nine terrorist facilities, dealing a lethal blow to Pakistan's air defenses, and sending a message globally about India's stance on defending its people.
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Bloomberg Quint
8h
130
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Indian Armed Forces Present Proof Of Operation Sindoor Success— Check Out Images
- Indian Armed Forces conducted Operation Sindoor successfully by neutralizing terrorist threats in Pakistan and Pakistan-occupied Kashmir.
- Precision missile strikes were carried out on key command centers of Jaish-e-Mohammed and Lashkar-e-Taiba, responsible for attacks like Pulwama and Mumbai.
- India's retaliatory strikes included damaging multiple Pakistani airfields and destroying terrorist facilities, leading to over 100 terrorists being killed, including high-value targets.
- DGMOs from the Army, Navy, and Air Force shared details on the operation during a joint press briefing, showcasing the impact of India's military actions on the terrorist infrastructure in Pakistan.
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Bloomberg Quint
10h
246
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Donald Trump Set To Accept Luxury Jet As Gift From Qatar, ABC Says
- President Donald Trump's administration is likely to accept a luxury Boeing 747-8 jumbo jet from Qatar's royal family, set to be the most valuable gift from a foreign government, as reported by ABC News.
- The gift, to be announced during Trump's visit to Qatar, will be used as Air Force One, according to sources familiar with the plans.
- Trump has been exploring alternatives to replace the aging Air Force One due to delays by Boeing in delivering new aircraft he ordered. The new Air Force One version is expected by 2027.
- US Attorney General and Trump's White House lawyer concluded that the aircraft donation would be legally permissible if ownership is transferred to Trump's presidential library before the end of his term.
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Bloomberg Quint
10h
299
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Pope Leo Echoes Francis, Calls For Peace In Ukraine And Gaza
- Pope Leo XIV calls for peace in Ukraine and Gaza in his first Sunday address, echoing the message of his predecessor, Pope Francis.
- Leo expresses concern for the suffering of the Ukrainian people and urges leaders to work towards achieving a just and lasting peace.
- He also addresses the conflict in Gaza, calling for an immediate ceasefire, humanitarian aid for civilians, and the release of Israeli hostages.
- Additionally, Pope Leo mentions his satisfaction with the quick ceasefire agreement between India and Pakistan, and prays for peace in all other ongoing world conflicts.
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Bloomberg Quint
10h
139
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'Abeyance' For Termination Of Indus Water Treaty? Some Lessons From The History Of Treaty Practice
- India has been in abeyance of the Indus Water Treaty since last month.
- The abeyance follows a recent terror attack in Pahalgam, serving as diplomatic motivation for India.
- Abeyance is seen as a 'suspension of obligations' in public international law.
- The dispute over the Indus Water Treaty is currently being adjudicated by a neutral expert appointed by the World Bank.
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Bloomberg Quint
11h
280
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US, Iran Resume Nuclear Talks Amid Uncertainty Over Key Issues
- US and Iranian officials have resumed nuclear talks in Oman aimed at reaching a new agreement on Tehran's nuclear program.
- Recent remarks from both sides have exposed deeper rifts, casting doubt on the possibility of a potential agreement.
- There are disagreements over key issues such as the dismantlement of Iran's uranium enrichment facilities, with the US demanding dismantlement and Iran rejecting this demand as a red line.
- Iranian Foreign Minister Abbas Araghchi remains hopeful for a breakthrough in the negotiations but has criticized the US for shifting remarks, while reaffirming Iran's stance on not seeking nuclear weapons.
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Bloomberg Quint
12h
119
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SEBI Plans To Relax Proposed Limits On Index Options Trading
- SEBI is considering relaxing proposed limits on trading in Index Options, with a likely net end of the day limit of Rs 1,500 crore and a gross limit of Rs 10,000 crore for each side.
- Intraday trading in index options may be exempt from any cap, with surveillance protocols monitoring intraday positions up to four times a day to prevent manipulation.
- SEBI's decision to reconsider the limits follows a review of public comments, distinguishing between long-term regulatory policy and immediate market surveillance needs.
- The regulator is contemplating a delta-based open interest metric instead of the traditional notional method, aiming for a more accurate representation of options trades' economic exposure.
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Bloomberg Quint
12h
253
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Indian Economy Likely To Grow At 6.5% In FY26: CII President
- Indian Economy is projected to grow at 6.5% in the current fiscal, according to CII president Sanjiv Puri.
- There is emphasis on pursuing bilateral trade pacts to safeguard national interests amidst increasing trade barriers.
- Private investments are increasing in sectors like energy, transportation, metals, chemicals, and hospitality, despite geopolitical uncertainties.
- CII president highlights the importance of focusing on domestic drivers of growth and competitiveness while recommending bilateral trade agreements to enhance competitiveness.
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Medium
7h
239
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5 Strategic Questions to Ask VCs Before Fundraising in 2025
- Startups excel at problem-solving and experimentation, eventually aiming for product-market fit and scalability.
- Startup founders should be early, well-prepared, and willing to walk away from investor meetings if necessary.
- Fundraising is more than just securing cash; it involves establishing valuable long-term investor relationships.
- Key questions for founders to ask potential investors include inquiring about their track record, value-added benefits, investment thesis, strategic understanding of the problem space, and the odds of success.
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Medium
8h
293
To Build a Great Company, Do You Have to Lie?
- Some iconic tech companies have resorted to dishonest practices to create a facade of success.
- Founders often feel pressured to exaggerate progress and impress investors, leading to deceptive actions.
- Investor expectations focusing on commercial traction may contribute to founders resorting to stretching the truth.
- To foster better companies, investors need to move beyond easily manipulated metrics and conduct thorough evaluations based on evidence and logic.
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17 Likes
Medium
8h
53
It's an interesting inflection point.
- Profit chasing in the current trend, but the focus should be on benefiting the end-user rather than just financial gain.
- Many in leadership have lost sight of the original purpose of projects, programs, or businesses, which should be more than just about profit.
- Enterprise should not solely be motivated by money, but rather have a foundation built on a healthy respect for humanity and considering others.
- Thinking beyond profit and considering the impact on everyone else can accelerate success more than just focusing on financial gains.
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Bloomberg Quint
10h
236
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Trade Setup For May 12: Nifty Finds Support At 24,000–23,800
- The NSE Nifty 50 closed 1.10% lower at 24,008, struggling against the key resistance zone of 24,590 amid escalating tensions between India and Pakistan.
- The Nifty finds support at 24,000–23,800 levels, with a breach below 23,800 potentially leading to a deeper correction towards the 200-day exponential moving average.
- The Bank Nifty formed a doji candle on the daily chart, displaying uncertainty, with the next strong support expected around the 52,000 level.
- Foreign investors turned net sellers of Indian equities on Friday after 16 sessions of buying, while domestic institutional investors turned net buyers, purchasing equities worth Rs 7,277.7 crore.
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Bloomberg Quint
11h
86
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India-UK FTA: No Duty Cuts On British Wines, Limited Relief On Beer
- India will not offer any reduction in import duty on British wines and limited relief on UK beer under the free trade agreement with the UK.
- Other agricultural products excluded from duty concessions by India include dairy products, apples, cheese, oats, animals, and vegetable oils.
- The FTA between India and the UK will reduce duties on UK whiskey and gin gradually over ten years but will not grant duty concessions on wines to avoid pressure from the EU.
- The FTA signing between India and the UK is expected to take over 15 months to come into force, with legal scrubbing of the text currently underway.
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Bloomberg Quint
12h
242
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India, EU To Hold Next Round Of FTA Talks From Monday
- India and the European Union will start the next round of FTA talks from Monday, aiming to conclude the first phase of the agreement soon.
- Due to the uncertain global trade environment, the agreement will be concluded in two phases with the EU team present for negotiations till May 16.
- Key areas of focus in the negotiations include market access offers in goods, services, investment, and government procurement.
- The proposed India-EU trade pact covers various policy areas like Trade in Goods, Investment, Government Procurement, Intellectual Property Rights, and more, aiming to enhance bilateral trade relations.
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