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BusinessPhoto: ET MarketsThe Nasdaq index declined in a recent trading session due to continued drops in chip stocks, with the PHLX chip index seeing a significant fall. Diverging earnings reports from major banks like Citigroup and Goldman Sachs added to market uncertainty. Despite this, analysts remain optimistic about future earnings driven by AI innovations.
ET Markets·
SportsPhoto: News18 SportsBarcelona defeated Galatasaray 4-1 at Istanbul’s Ali Sami Yen stadium in the Champions League, with Lamine Yamal starring after halftime. Coach Hansi Flick praised Yamal for turning the game around. The win puts Barcelona first in the UCL points table with two wins, while Galatasaray remains without points near the bottom. Galatasaray led early but Barcelona responded strongly to secure the victory.
News18 Sports··Istanbul
BusinessPhoto: ET MarketsSebi has extended the deadline by six months, allowing companies to adjust their IPO issue sizes without requiring new approvals. This extension applies to IPOs starting by March 31, 2027. Lead managers can now modify offer documents to reflect these changes while ensuring the primary objectives are maintained.
ET Markets·
PoliticsPhoto: Deccan HeraldThe Malenadu Contractors’ Association in Shivamogga has urged the Karnataka government to settle pending bills worth Rs 1,800 crore for projects from the 2022-23 financial year. Association secretary H C Umesh highlighted delays in payments, causing contractors difficulty in paying wages, buying materials, and repaying loans. He called for faster clearance of bills, especially before Dasara bonuses are due.
Deccan Herald··Shivamogga
HealthPhoto: Times of IndiaPope Leo XIV underwent successful surgery to remove the lower lobe of his right lung after tests confirmed lung adenocarcinoma. The operation at Rome's Gemelli Hospital lasted about 90 minutes with no complications. Doctors used a video-assisted technique and removed all suspected cancer tissue. Further treatments like chemotherapy are pending additional test results, according to the Vatican.
Times of India··Rome
PoliticsPhoto: The HinduThe Odisha Cabinet passed a resolution congratulating Prime Minister Narendra Modi on completing 25 years of continuous public service. The resolution highlighted Modi's transformative impact on India and Odisha since he became PM in 2014. Chief Minister Mohan Charan Majhi praised Modi's leadership, emphasizing his 'India First' principle and courage in facing challenges like the COVID-19 pandemic and geopolitical instability.
The Hindu··Bhubaneswar
ET Markets·
Photo: ET MarketsThe Nasdaq index declined in a recent trading session due to continued drops in chip stocks, with the PHLX chip index seeing a significant fall. Diverging earnings reports from major banks like Citigroup and Goldman Sachs added to market uncertainty. Despite this, analysts remain optimistic about future earnings driven by AI innovations.
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