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Meet Mahi Malhani: Class 12 Delhi Student builds TRASHbot, an AI waste-sorting robot with 90% accuracy that’s already being used in societiesA Delhi schoolgirl, Mahi Malhani, developed TRASHbot, an AI-powered robot to tackle litter. Inspired by a visit to Sundar Nursery, the Clas...
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
Einstein Probe discovers mysterious cosmic explosion unlike anything astronomers have seen beforeA peculiar cosmic event, dubbed EP240305a, has baffled astronomers with its rapid X-ray fade and lingering radio signals. Detected by China...
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...
DOJ Biden recordings judge ruling: Big setback for Joe Biden as attempt to block classified documents rejectedJoe Biden's Democratic administration refused to turn over the recordings and transcripts from 2016 and 2017, leading congressional Republi...
Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
FDA pulls 160,000 pounds of frozen pizza snacks from shelves in 21 states over possible metal contaminationMetal contamination frozen snack recall: A popular frozen snack, Farm Rich Pizza Cheese Crunchers, is being recalled. The US Food and Drug ...
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
After courts, RBI, independent reviewers clear HDFC Bank; persistence of crisis narrative raises questionsHDFC Bank is facing a barrage of governance allegations and panic. However, court relief and regulatory reassurances indicate no material a...
In 1941, a Swiss engineer pulled burrs from his dog’s fur after a walk, and they weren’t just seeds: They revealed the idea behind VelcroOn a brisk afternoon in 1941, while walking through the countryside, Georges de Mestral had a lightbulb moment. His dog was covered in stub...
Ex-US President Joe Biden sues DOJ over release of interview audioFormer President Joe Biden has filed a lawsuit against the Justice Department. He seeks to prevent the release of audio recordings and tran...
US journalist accused of secretly working with China-linked contacts, allegedly prepared political reports intended for Xi JinpingA US journalist, Thomas Pauken II, faces charges for allegedly acting as an unregistered agent for China. Federal authorities claim he prep...
Govt flags ‘high-risk’ crypto system in note to Parliamentary panelIndia's virtual digital asset sector is now high risk. Intelligence reports reveal extensive illegal activities including drug trafficking ...
In 1949, a failed plastic experiment by Harry Coover created a strange sticky compound, which eventually led to the creation of superglueIn the late 1940s, chemist Harry Coover was on a mission to create a clear plastic. Instead, he stumbled upon a compound with an extraordin...
Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
Secular, cyclical or war-dependent: A ratio to tell you what kind of growth you are buying. 6 stocks with upside potential of up to 29%Some valuation ratios are used because they are easy. The PE ratio is one of them. It is simple, familiar, and convenient. Not only for the...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank, a lender backed by Prem Watsa, is adopting a cautious stance on gold loans following global uncertainties. The bank intends to sh...
CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank is turning cautious on gold loans amid price volatility linked to geopolitical tensions. The lender expects slower growth, shiftin...