No Nvidia in your portfolio? ‘You’re just toast’
Enthusiasm for the chip maker, whose products are seen as essential to powering AI technology, kept building through the second quarter. Nvidia reported sales and profits in May that blew past Wall Street expectations for the fifth consecutive quarter. The stock rose 37% in the second quarter and is up 149% for the year. Six of the 11 sectors in the index declined in the second quarter, including financials, energy and industrials. “Even if you do a great job in the rest of the portfolio, if you’re not overweight in the same place, you’re just toast."
Source:Mint
July 01, 2024 17:14 UTC
IISc Researchers Develop Engineered Biocatalyst for Sustainable Biofuel Production : Chemical Industry Digest
The IISc notes that due to the limited availability and environmental impact of fossil fuels, there is growing interest in sustainable fuel pathways involving hydrocarbons. In prior research, the IISc team isolated and characterized an enzyme named UndB, found in the membranes of certain bacterial cells, which converts fatty acids to 1-alkenes at an unprecedented rate. Under optimal conditions, these E. coli bacteria act as whole-cell biocatalysts, converting fatty acids into 1-alkenes. The biocatalyst demonstrated the ability to convert a variety of fatty acids with different carbon chain types into 1-alkenes and also produced styrene, which is crucial in chemical and polymer industries. As reported by thehindu.com, the team has applied for a patent for their engineered protein and whole-cell biocatalyst and is seeking industry partners to scale up the platform for large-scale production.
Source:The Hindu
July 01, 2024 16:46 UTC
'He is entitled to...': US Supreme Court says Donald Trump partially immune from prosecution for...
'He is entitled to...': US Supreme Court says Donald Trump partially immune from prosecution for... In May, Donald Trump became the first former president to be convicted of a felony, in a New York court. In a historic 6-3 ruling, the justices returned Trump's case to the trial court to determine what is left of special counsel Jack Smith's indictment of Trump. “And he is entitled to at least presumptive immunity from prosecution for all his official acts. In May, Trump became the first former president to be convicted of a felony, in a New York court.
Source:dna
July 01, 2024 16:31 UTC
US Supreme Court to rule in case involving debit card 'swipe fees', ET LegalWorld
The U.S. Supreme Court was expected on Monday to decide a case involving a legal challenge to a Federal Reserve regulation on debit card "swipe fees" in a ruling that could make it easier for businesses to try to overturn longstanding federal rules. The dismissal had been based on Corner Post, the store located in Watford City, missing a six-year statue of limitations that generally applies to such litigation. The Supreme Court has set Monday as its final day for decisions in its current term that began in October. "A group of small business associations had filed a brief urging the Supreme Court to maintain a strict statute of limitations that begins at the time a regulation is finalized. Circuit Court of Appeals upheld Traynor's decision, setting up the Supreme Court appeal.The Fed last year proposed cutting the current cap to 14.4 cents per transaction.
Source:Economic Times
July 01, 2024 14:44 UTC
Meet Harvard graduate whose bad experience with doctor drove him to leave high-paying job, then built India's largest…
Meet Harvard graduate whose bad experience with doctor drove him to leave high-paying job, then built India's largest…Singh pursued his early education in Delhi, and then moved to Rashtriya Military School, Dehradun, and later to Nigeria. One such inspirational success story is of Amarinder Singh, the founder of Clove Dental, which is now India’s largest dental chain. Singh pursued his early education in Delhi, and then moved to Rashtriya Military School, Dehradun, and later to Nigeria. Then, he shifted to San Francisco to start his venture, Simplexis, a B2B education venture, with his two friends from Harvard. He then chose to start 600 dental clinics in 10 years and became a prestigious dental care provider across India in a span of a few years.
Source:dna
July 01, 2024 14:20 UTC
Vicky Kaushal and Ammy Virk are two fathers brought together by a paternity test in ‘Bad Newwz’
watchVicky Kaushal and Ammy Virk are two fathers brought together by a paternity test in ‘Bad Newwz’Both men fight to woo Triptii Dimri in this upcoming Dharma filmImage courtesy: @Dharma Productions/YouTube‘Who is the father?’ Several films have explored the conundrum of complicated paternity, where there are two prospective fathers of one child. This hilarious premise is the subject of Dharma Productions’ latest film, Bad Newwz. A follow up to 2019’s Good Newwz, this new film stars Triptii Dimri as the female protagonist who enjoys unabashed fun with attractive men, until she discovers that she is pregnant. Competing for the father’s slot are Vicky Kaushal and Ammy Virk. We are certainly intrigued to know who ultimately wins in this battle, and will catch the film’s premiere on July 19.
Source:The Telegraph
July 01, 2024 13:56 UTC
NEET row leaves 24 lakh students in the lurch, who's to blame?
The NEET-UG exam (National Eligibility-Cum Entrance Test) was conducted on May 5, across 4,750 centers, with nearly 24 lakh candidates appearing for it. The results that were out on June 4 raised eyebrows due to discrepancies and allegations of paper leak. On June 19, the NTA declared UGC-NET 2024 exam cancelled stating that the exam’s integrity had been compromised’. Over 9 lakh candidates had appeared for the exam. Both the exams have now left lakhs of students in the lurch, triggering nationwide protests by students on the streets and the Opposition inside the Parliament.
Source:The Telegraph
July 01, 2024 13:46 UTC
Bhutan water floods homes, families in Jaigaon shifted to Manglabari Primary School
Jaigaon is located in the Alipurduar district and sits on the India-Bhutan border. Officials of the Kalchini block administration and the Jaigaon Development Authority (JDA) rushed to the spot and rescued the affected families whose residences were covered with silt and rubble. “The families have been shifted to the Manglabari Primary School. As a result, water levels of rivers flowing through the Alipurduar district might increase, which in turn can trigger flash floods. The block administration is preparing a report on the damage,” he said.
Source:The Telegraph
July 01, 2024 13:22 UTC
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I didn’t come to film to compete: Shakib
I didn’t come to film to compete: ShakibOften called “King Khan” and “King” of Dhallywood and sometimes called “Dhallywood Bhaijaan,” Shakib Khan is to Bangladesh what Shah Rukh Khan and Salman Khan are to India. Even after so many years, you still hold a significant position in the Bangladeshi film industry. For many years, I have dreamt of seeing Bangladeshi films on a global platform. There are others like Arifin Shuvoo from here, and from across the border, there are Prosenjit, Jeet and Dev—all heroes of Bengali cinema. We receive people’s love because of Bengali cinema, and I believe together, we need to take Bengali cinema ahead and present it to the world.
Source:Indian Express
July 01, 2024 13:19 UTC
Shatrughan Sinha's Son Clarifies Veteran Actor Didn't Undergo Any Surgery: 'He Had A Strong Fever'
Shatrughan Sinha has been hospitalised at Kokilaben Ambani Hospital in Mumbai for a routine check-up. The veteran actor tripped in his dining room, as per Times Now, injuring his ribs. We took my father to the hospital for his annual checkup, and because he had a strong fever. We took my father to the hospital for his annual checkup, and because he had a strong fever. Most of his interviews too are conducted there only.” Sonakshi’s uncle, Pahlaj Nihalani also confirmed that the veteran actor is in the hospital.
Source:Indian Express
July 01, 2024 09:59 UTC
BMC to generate biomass briquettes from green waste
BHUBANESWAR: In a push to ‘waste to wealth’ drive of the government, the Bhubaneswar Municipal Corporation (BMC) has planned to produce biomass briquettes by processing the green waste generated in the capital city separately. The civic body also plans to set up a processing unit for flower waste generated in temples to be used in marketable products. As per the proposals, BMC will set up a processing plant where chipper, grinder, hammer and dryer will be used to convert green garbage such as grass clippings, shrub, wood etc., to biomass briquettes. An official said currently BMC has engaged eight vehicles to lift green garbage from different roads in the city. Similarly, one light commercial vehicle each has also been provided to 44 wards to collect green garbage separately.
Source:Indian Express
July 01, 2024 08:49 UTC
120 Keralites linked to cyber fraud rackets repatriated in past 18 months
THIRUVANANTHAPURAM: As many as 120 Keralites suspected to be associated with financial cyber crimes were repatriated from Laos, Vietnam and Cambodia over the past 18 months. Most of those repatriated had been working in call centres, collecting details of potential victims from social media and enticing them into investing in fraudulent schemes. They were repatriated with the assistance of Indian embassies in the three countries, a source said. There, they were assigned to collect details of potential victims from social media and entice them into investing in fraudulent schemes. Since many of those repatriated themselves are victims, it is unlikely that they would face any legal action,” the source said.
Source:Indian Express
July 01, 2024 08:11 UTC
Meet IIT-JEE topper with AIR 1, skipped admission in IIT, went on to study at…
Meet IIT-JEE topper with AIR 1, skipped admission in IIT, went on to study at…IIT-JEE topper with AIR 1 decided to skip admission in IITs because he was already accepted into the renowned Massachusetts Institute of Technology (MIT) in the United States. IIT-JEE is one of the most difficult exams in the world and only a few lucky IIT aspirants are able to get AIR 1 in the IIT-JEE and get admission in their desired IIT. Despite getting AIR in IIT-JEE, the Indian genius skipped IIT admission in a surprise move. The IIT-JEE topper that we are talking about is Chirag Falor. The IIT-JEE topper with AIR 1 decided to skip admission in IITs because he was already accepted into the renowned Massachusetts Institute of Technology (MIT) in the United States.
Source:dna
July 01, 2024 06:36 UTC
Far-right party projected to get strong lead in first-round legislative elections in France
Still, the National Rally isn’t there yet. The National Rally has historical ties to Russia. Many French voters are frustrated with inflation and other economic concerns, as well as Macron’s leadership, seen as arrogant and out-of-touch with their lives. The National Rally party has tapped that discontent, notably via online platforms such as TikTok. Foremost for many voters were the rising cost of living and immigration, which the National Rally campaigned heavily on.
Source:Hindustan Times
July 01, 2024 06:29 UTC
Bigg Boss OTT 3: Payal Malik was evicted in week one of Anil Kapoor’s hosted show
As Bigg Boss OTT 3's first week ended, hosts Anil Kapoor gave the competitors frank criticism. Payal Malik’s journey in the Bigg Boss house began controversially. She expressed confidence in her ability to handle the show's challenges, stating, "I am made for Bigg Boss house. When I could happily survive my husband’s second marriage, I think I can mentally totally survive the Bigg Boss house." Despite her early eviction, Payal's journey in the Bigg Boss OTT 3 house has left a lasting impression.
Source:Indian Express
July 01, 2024 06:21 UTC