A Delhi Fire Service official at Delhi Anaj Mandi (Photo: ANI)
The 17th edition of the Hindustan Times Leadership Summit acted as the venue of confluence of top political and business leaders, and eminent artists and performers
The 17th edition of the Hindustan Times Leadership Summit acted as the venue of confluence of top political and business leaders, and eminent artists and performers

PM Modi, Sitharaman, Catherine Zeta-Jones, Akshay, Kareena: #HTLS2019 highlights

The 17th edition of the Hindustan Times Leadership Summit acted as the venue of confluence of top political and business leaders, and eminent artists and performers. From an inaugural address by PM Narendra Modi, to illuminating conversations with Finance Minister Nirmala Sitharaman and Delhi CM Arvind Kejriwal, senior politicians listed what they believe can be done to build a 'better tomorrow'.

HTLS 2019
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Finance Minister Nirmala Sitharaman at HTLS 2019. (Pradeep Gaur/Mint)

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In terms of macro-data, investors will look forward to the release of industrial production, retail and wholesale inflation figures next week. (Photo: Mint)
In terms of macro-data, investors will look forward to the release of industrial production, retail and wholesale inflation figures next week. (Photo: Mint)

Market outlook: Macro-data, growth pangs to drive equity indices' trajectory

  • Macro-economic data along with the direction of foreign fund flows and US Fed's monetary policy are expected to influence the equity market's trajectory next week
  • The rupee's movement against the US dollar and the progress of US-China trade deal will also impact investors' risk-taking appetite

The market capitalisation of TCS jumped  ₹26,360.5 crore to  ₹7,96,612.51 crore at close on Friday
According to reports, Airtel confirmed the breach saying that it has fixed the security flaw associated with its application.  (Photo: Pradeep Gaur/Mint)
According to reports, Airtel confirmed the breach saying that it has fixed the security flaw associated with its application. (Photo: Pradeep Gaur/Mint)

Airtel's mobile app flaw exposes data of 32 crore subscribers

A Bengaluru-based researcher, who first noticed the fault, said the flaw existed in one of Airtel's API that allowed people to fetch sensitive user information of any Airtel subscriber

FPIs had been net buyers for two months to November. They invested  ₹16,037.6 crore in October and  ₹22,871.8 crore in November on a net basis. (Photo: Bloomberg)
FPIs had been net buyers for two months to November. They invested 16,037.6 crore in October and 22,871.8 crore in November on a net basis. (Photo: Bloomberg)

FPIs turn net sellers in Indian capital markets in December amid weak macro data

  • Foreign investors pulled out a net sum of 1,668.8 crore from equities.
  • FPIs, however, invested 1,424.6 crore on a net basis in the debt segment, resulting in a total net outflow of 244.2 crore in December so far

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Earlier in October, Zomato had said it has witnessed over three-fold jump in revenue. (Photo: Mint)
Earlier in October, Zomato had said it has witnessed over three-fold jump in revenue. (Photo: Mint)

Zomato looks to become profitable by end-2020

  • The company's current cash burn is $15 million per month
  • Zomato recently announced plans to raise up to $600 million in a new funding round

A man watches a TV screen showing an image of the Sohae Satellite Launching Station in Tongchang-ri, North Korea, during a news program (Photo: AP)
A man watches a TV screen showing an image of the Sohae Satellite Launching Station in Tongchang-ri, North Korea, during a news program (Photo: AP)

North Korea says it carried out 'very important test'

  • US President Donald Trump said he'd be "surprised" by any hostile action from the North
  • North Korea said, the result of the latest test will have an 'important effect' on changing the 'strategic position' of Pyongyang

A file photo of Cyberabad Police Commissioner V C Sajjanar (Photo: PTI)
The company on 1 December announced new plans under which call and data charges became dearer for its pre-paid customers by up to 50 per cent from 3 December (Photo: Reuters)
The company on 1 December announced new plans under which call and data charges became dearer for its pre-paid customers by up to 50 per cent from 3 December (Photo: Reuters)

Airtel allows unlimited calling to any network; announces 3 new bundled plans

  • Airtel lifts FUP limit on voice calls for all unlimited pre-paid plans
  • With the removal of limit, Airtel's new 399 plan with 56 days validity becomes cheaper than that of Reliance Jio plan at same price

The action also resulted into identification of the wrongful long-term capital gains taken in at least three penny stocks listed on the BSE (Photo: Bloomberg)
The action also resulted into identification of the wrongful long-term capital gains taken in at least three penny stocks listed on the BSE (Photo: Bloomberg)

I-T Dept searches 39 locations to check tax evasion by BSE brokers, traders

  • The unscrupulous entities have secured desired profits/losses, which is estimated to be more than 3,500 crore
  • The action was taken against those who were involved in facilitating 'accommodation of profits/losses' through reversal trades in illiquid stock options

Finance Minister Nirmala Sitharaman at HTLS 2019. (Pradeep Gaur/Mint)
A file photo of FM Nirmala Sitharaman. (PTI)
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Financial machine learning creates a number of challenges for the 6.14 million people employed in the finance and insurance industry,  Lopez de Prado told the US House Committee on Financial Services. Photo: iStockphoto
Financial machine learning creates a number of challenges for the 6.14 million people employed in the finance and insurance industry, Lopez de Prado told the US House Committee on Financial Services. Photo: iStockphoto

AI on Wall St: Robots in finance could wipe out some of its highest-paying jobs

  • The use of algorithms in electronic markets has automated the jobs of tens of thousands of execution traders, said former head of machine learning at AQR Capital Management LLC Marcos Lopez de Prado
  • During the almost two-hour hearing, lawmakers asked experts about racial and gender bias in AI

Raghuram Rajan (Photo: Reuters)
A file photo of Union home minister Amit Shaa in the Rajya Sabha
A file photo of Union home minister Amit Shaa in the Rajya Sabha

Criminal justice system may soon witness a facelift as govt mulls major change

  • The govt is now looking into the minutiae of criminal laws that will not just address crimes such as mob lynching, rape but will also look at fast tracking justice
  • The govt has reached out to all states, asking them to 'send their suggestions for undertaking this major overhaul and recasting of criminal laws'

Gold prices: On MCX, gold rates tumbled to  ₹37,685 per 10 gram
Finance Minister Nirmala Sitharaman at HTLS 2019. (Pradeep Gaur/Mint)
Member banks will ensure sending of positive confirmation message (N10) for all NEFT credits.
NSC or National Savings Certificate:  ₹100 invested becomes  ₹146.25 after 5 years
India Post Payments Bank. Photo: Pradeep Gaur/Mint
Indian Railways during the April-August period has electrified 1,106 kms of railway tracks.
Indian Railways during the April-August period has electrified 1,106 kms of railway tracks.

Railways saving 1,100 crore per year in diesel cost with this new technology

  • The HOG technology works with an improvised converter has been developed, which is fitted in Electric locomotives which can replace the diesel generators
  • The air-conditioned coaches which is running on the End-on-Generation (EOG) system produces an unbearable noise of around 100dB

(From extreme left) Captain Amarinder Singh, chief minister of Punjab and Bhupesh Bhagel, chief minister of Chhattisgarh, at the 17th Hindustan Times Leadership Summit 2019 (Photo: Pradeep Gaur/Mint)
(From extreme left) Captain Amarinder Singh, chief minister of Punjab and Bhupesh Bhagel, chief minister of Chhattisgarh, at the 17th Hindustan Times Leadership Summit 2019 (Photo: Pradeep Gaur/Mint)

Congress CMs hit out at govt for non-payment of GST revenue compensation

  • At the 17th Hindustan Times Leadership Summit 2019, Amarinder Singh and Bhupesh Bhagel addressed issues such as leadership in the Congress party, recent encounter in Telangana and nationalism
  • The comments from the CMs come at a time when Jharkhand is conducting assembly elections

US Defense Secretary Mark Esper (Photo: Reuters)
US Defense Secretary Mark Esper (Photo: Reuters)

Pentagon chief Mark Esper wants to reallocate US forces to Indo-Pacific

  • Pentagon wants to prioritize the deployment of US forces to the Asia-Pacific from other areas, including Afghanistan, to confront a growing military competition with China
  • The US strategy has shifted to confronting China and Russia, as the primary challenges, supplanting the war on terrorism

Chief Minister of Jharkhand Raghubar Das along with his wife and daughter-in-law display mark of indelible ink after casting their vote during the 2nd phase of state assembly election in Jamshedpur on Saturday (Photo: ANI)
Chief Minister of Jharkhand Raghubar Das along with his wife and daughter-in-law display mark of indelible ink after casting their vote during the 2nd phase of state assembly election in Jamshedpur on Saturday (Photo: ANI)

Jharkhand polls: Voting ends in 18 seats amid violence; turnout over 55%

  • The final voter turn out percentage will come after polling concludes in two more Assembly seats at 5 pm
  • In poll related violence, one youth was killed in police firing and six, including three policemen, were injured in the Sisai constituency of Gumla district

The first day of the 17th edition of Hindustan Times Leadership Summit witnessed the confluence of top personalities from various fields
The first day of the 17th edition of Hindustan Times Leadership Summit witnessed the confluence of top personalities from various fields

PM Modi, KM Birla, Akshay & Kareena, Phelps: Highlights of #HTLS2019 Day 1

The first day of the 17th edition of Hindustan Times Leadership Summit witnessed the confluence of top personalities from various fields. Prime Minister Narendra Modi delivered the inaugural address and spoke on creating a 'better tomorrow' for India. Other speakers included Aditya Birla Group Chairman Kumar Mangalam Birla, actors Kareena Kapoor and Akshay Kumar, Navy Commander Abhilash Tomy, Netflix CEO Reed Hastings, champion swimmer Michael Phelps, and renowned chef Heston Blumenthal, among other famous personalities.

Chief Justice of India Sharad Arvind Bobde (Photo: ANI)
Chief Justice of India Sharad Arvind Bobde (Photo: ANI)

Hyderabad encounter: Justice must never take form of revenge, says CJI

  • The Chief Justice's remarks gain significance in the backdrop of 'encounter' killings of four people accused of rape-murder of a veterinarian by Telangana police
  • 'I believe justice loses its character of justice if it becomes revenge,' said Sharad Arvind Bobde

The 17th edition of the Hindustan Times Leadership Summit witnessed a heated debate on issues regarding the Constitution, Indian citizenship, and crime
The 17th edition of the Hindustan Times Leadership Summit witnessed a heated debate on issues regarding the Constitution, Indian citizenship, and crime

BJP vs Cong vs TMC on citizenship row, Telangana encounter: Full session

The 17th edition of the Hindustan Times Leadership Summit witnessed a heated debate on issues regarding the Constitution, Indian citizenship, and crime. All India Trinamool Congress' Mahua Moitra, Indian National Congress' Manish Tewari and BJP's Jamyang Tsering Namgyal faced off over the Citizenship Amendment Bill recently cleared by the Union Cabinet. The three Members of Parliament also discussed the rape and murder of a veterinary doctor in Telangana and the subsequent encounter killing of the accused.

Last year, Facebook came under fire following revelations that Cambridge Analytica obtained personal data of millions of people's Facebook profiles without their consent. (Reuters)
Last year, Facebook came under fire following revelations that Cambridge Analytica obtained personal data of millions of people's Facebook profiles without their consent. (Reuters)

Cambridge Analytica deceived Facebook users, says FTC

  • The FTC ruling prohibits Cambridge Analytica from making misrepresentations about the extent to which it protects users' privacy
  • The ruling has come after Facebook in July agreed to pay record-breaking $5 billion to the FTC as fine

While Amarinder Singh said that Nirmala Sitharaman does not understand the issues of the states, Baghel said the finance minister does not even understand the issue of onion price rise
While Amarinder Singh said that Nirmala Sitharaman does not understand the issues of the states, Baghel said the finance minister does not even understand the issue of onion price rise

‘Nirmala Sitharaman does not understand economy’: Bhupesh Baghel at HTLS 2019

Punjab CM Amarinder Singh & Chhattisgarh CM Bhupesh Baghel spoke at the 17th edition of the Hindustan Times Leadership Summit. The two Chief Ministers launched a stinging attack on finance minister Nirmala Sitharaman over the economy and the GST issue. While Amarinder Singh said that Nirmala Sitharaman does not understand the issues of the states, Baghel said the finance minister does not even understand the issue of onion price rise. Watch the full video for more.

PM Modi delivering inaugural address to the 17th Hindustan Times Leadership Summit (Photo: HT)
US President Donald Trump (Photo: Reuters)
In India, Hastings’ video-on-demand platform has announced around 24 feature films and 16 web series (Photo: Pradeep Gaur/Mint)
In India, Hastings’ video-on-demand platform has announced around 24 feature films and 16 web series (Photo: Pradeep Gaur/Mint)

Netflix on India binge, to spend 3,000 cr

  • Founder and CEO Reed Hastings said India will see unrivalled investment from both foreign and local streaming companies in the coming years
  • At HTLS 2019, Hastings said Netflix plans to push its mobile subscription plan, the first such option in the world

'We need a stronger fiscal stimulus. If GST is brought down to 15%, that would be a huge stimulus,' said Kumar Mangalam Birla at the Hindustan Times Leadership Summit in New Delhi (Photo: Priyanka Parashar/Mint)
'We need a stronger fiscal stimulus. If GST is brought down to 15%, that would be a huge stimulus,' said Kumar Mangalam Birla at the Hindustan Times Leadership Summit in New Delhi (Photo: Priyanka Parashar/Mint)

Vodafone Idea will shut shop if there is no govt support: Kumar Mangalam Birla

  • ‘There is no company in the world that can pay that kind of fine ( 40,000 cr) in three months,’ said the Aditya Birla Group chairman at the Hindustan Times Leadership Summit
  • Birla’s comments were quick to send Vodafone Idea shares tumbling in Friday’s trade, ending 5.34% lower on Friday to 6.92

Nirmala Sitharaman.
Nirmala Sitharaman.

Does economy need fresh stimulus? Watch FM Nirmala's reply at #HTLS2019

Union Finance Minister Nirmala Sitharaman attended the 17th edition of the Hindustan Times Leadership Summit. She spoke at length about the government's efforts to battle the current slowdown. She also said that efforts are underway to provide a boost to the economy. Sitharaman also commented on GDP growth reaching a 6-year low in the September quarter. Watch the full video for more.

A Goldman Sachs sign is seen above the floor of the New York Stock Exchange shortly after the opening bell in the Manhattan borough of New York (Photo: Reuters)
A Goldman Sachs sign is seen above the floor of the New York Stock Exchange shortly after the opening bell in the Manhattan borough of New York (Photo: Reuters)

Goldman Sachs says case to diversify with gold ‘as strong as ever’

  • While Goldman said the correction on bullion prices has further room to run, the bank is still sticking to its forecast prices will climb to $1,600 over the next year
  • The precious metal climbed to a six-year high in September as the Federal Reserve cut borrowing costs

PM Modi sought to highlight his government's mantra of 'sabka sath, sabka vikas and sabka vishwas'
Kumar Mangalam Birla at the Hindustan Times Leadership Summit in New Delhi on Friday. (Pradeep Gaur/Mint)
Kumar Mangalam Birla at the Hindustan Times Leadership Summit in New Delhi on Friday. (Pradeep Gaur/Mint)

Gave my kids freedom to follow their passion: Kumar Mangalam Birla

  • Aditya Birla Group chief says he would have done things differently if given the option
  • Kumar Mangalam Birla said that growing up he did not have a choice to pick his own career path, unlike children today who have options to pursue their own interests

WhatsApp is working on three options for activating the Dark Mode: light and dark theme and a third option called 'Set by Battery Saver' (wabetainfo)
ICICI Prudential Life Insurance is industry’s first term plan specifically designed for customers who find it difficult to get access to life cover.  (iStockphoto)
ICICI Prudential Life Insurance is industry’s first term plan specifically designed for customers who find it difficult to get access to life cover. (iStockphoto)

ICICI Pru's new insurance plan covers diabetics, others with health conditions

  • ICICI Prudential's new life insurance plan is designed to benefit those who have existing medical conditions
  • Based on the protection the customer wants, ICICI Pru Precious Life offer two kinds of term cover — life option and life plus option

Under this new process, employers will complete a registration process that requires only basic information about their company and each requested worker. Photo: iStock
Under this new process, employers will complete a registration process that requires only basic information about their company and each requested worker. Photo: iStock

H-1B visa: USCIS rolls out new electronic registration process

  • The US Citizenship and Immigration Services would start accepting the H-1B petitions from April 1, 2020 for the next fiscal year
  • Companies applying for H-1B visas for foreign workers for the fiscal year 2021 would have to register online and pay a processing fee of $10

SBI has also informed its customers that upgrading their card to new EMV chip card will be free. (Aniruddha Chowdhury/Mint)
SBI has also informed its customers that upgrading their card to new EMV chip card will be free. (Aniruddha Chowdhury/Mint)

SBI to soon block old ATM-cum-debit cards

  • SBI customers can replace their ATM-cum-debit card by either by visiting their Home Branch or through internet banking
  • SBI has also informed its customers that they don't have to pay anything for upgrading their card to new EMV chip card

Senior citizens often prefer fixed deposits when it comes to investing money. (AP)
If your total income is up to  ₹5 lakh the penalty for filing belated ITR will be reduced to  ₹1,000. (iStock)
You can quote Aadhaar number wherever you have been asked to provide PAN card. (HT)
If your bank account and Aadhaar is seeded with your employees provident fund account, making a claim becomes easier. (iStock)
Kartik Aaryan and Aparshakti Khurana in Pati Patni Aur Woh