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Waaree Solar Americas Inc, the US subsidiary of Waaree Energies, appoints Gordon Brinser as COO to enhance operational functions and market position. Brinser aims to advance US manufacturing capabilities and contribute to the solar industry’s growth. Waaree Energies, founded in 1990, focuses on solar PV module manufacturing with a global presence.

The U.S. has shared intelligence warnings to Russia, including the recent attack at a concert hall in Moscow, under the "duty to warn" tenet of the U.S. intelligence community. This duty is aimed at sharing knowledge of a dire threat if conditions allow, whether it's allies, adversaries, or somewhere in between. There's little sign that Russia acted to head off Friday's attack, which killed more than 130 people.

Pakistan seeks its 24th medium-term IMF bailout, aiming for permanent structural reforms. The agreement unlocks $1.1 billion, focusing on fiscal consolidation, energy sector reforms, inflation control, and private sector growth. Despite improvements, challenges remain in economic vulnerabilities and policy implementation. IMF lauds Pakistan's efforts but stresses ongoing reforms for stability.

The Income Tax Department said, "The Income Tax Department receives information of specified financial transactions of taxpayers from various sources. This information is reflected in the Annual Information Statement (AIS) module and is available to the persons/entities for viewing. The value of ‘Significant Transactions’ in the AIS has been used for carrying out this analysis." Read here to know what are these 'specified financial transactions'.

Data on Thursday showed the U.S. producer price index for final demand rose 0.6% in February above the 0.3% rise economists had forecast.

The Nifty Pharma index closed 0.32 per cent up at 19003.15.

The Nifty Auto index closed 0.2 per cent up at 20412.4.

The Nifty Bank index closed 0.34 per cent up at 46120.9.

The Nifty Realty index closed 0.12 per cent up at 910.55.

Among the 500 wealthiest individuals, 30 attribute at least some of their fortune to companies that are tracked by the Bloomberg Global Artificial Intelligence Index. Those holdings have boosted their net worth by a combined $124 billion so far this year, accounting for 96% of the total wealth gained on the Bloomberg Billionaires Index.

Digital advancements have blurred the lines between traditional and retail investors. With technology at their fingertips, retail investors now enjoy unprecedented access to the stock market, fostering a more inclusive financial environment.

President Biden's administration is expected to award billions of dollars in subsidies to semiconductor companies such as Intel, Taiwan Semiconductor Manufacturing Co (TSMC), and Samsung Electronics to build new factories in the U.S. The subsidies aim to kick-start manufacturing of advanced semiconductors for smartphones, AI, and weapons systems. Intel has projects underway in Arizona, Ohio, New Mexico, and Oregon costing over $43.5 billion.

The Biden administration is expected to award billions of dollars in subsidies to top semiconductor companies including Intel, and Taiwan Semiconductor Manufacturing Co in the coming weeks to help build new factories in the United States, the Wall Street Journal reported on Saturday.

Chennai Metro Rail Limited (CMRL) introduces an eco-friendly and user-friendly QR ticketing system via WhatsApp at all 41 metro stations. Passengers simply provide their mobile numbers at the counter, receiving secure QR tickets on WhatsApp. This initiative aligns with CMRL's commitment to a green environment and digital advancements. The streamlined process reduces paper usage and encourages commuters to embrace hassle-free ticketing, marking a significant leap towards a sustainable and convenient public transportation system.

The production of advanced chips is one of the most contentious technological struggles now dividing the United States and China as they vie for economic and military supremacy. Washington is trying to curb China's access to sensitive microchip design tools.

According to experts, the move may impact consumption as much of the Covid advance was being used for discretionary purchases and other expenses. They also opined that the decision has come too late and that it had impacted the availability of funds at EPFO's disposal.

The Nifty Pharma index closed 0.15 per cent up at 16179.8.

From tax exemption vs tax deduction, to index funds vs ETF, and advance tax vs self-assessment tax, here is a look at the difference between six confusing financial terms.

Global hedge funds went on a stock-buying spree just ahead of a U.S. jobs report that drove the S&P 500 and Nasdaq to their highest closing levels since early 2022, a Morgan Stanley's prime brokerage note showed.

Thirteen firms including Grayscale Investments, BlackRock, Invesco, and ARK Investments, have pending applications with the Securities and Exchange Commission (SEC) for ETFs that track the price of bitcoin.

Spain's Ambassador to India confirms readiness to provide more C295 defence aircraft, emphasizing Spain's interest in bolstering ties with India across defence, tech, and infrastructure. The partnership includes Airbus delivering 16 aircraft by 2025, while Tata Advanced Systems will manufacture 40 in India. Navantia seeks a submarine contract, and Spain eyes contributing to India's high-speed train development through Talgo. The 'Spain-India Forum' highlighted collaboration potentials across various sectors, underscoring Spain's role as India's gateway to Latin America.

China's strategic efforts have led to diplomatic relations with Panama, El Salvador, Nicaragua, and Honduras. Central American nations, despite trade imbalances, represent a crucial market for Chinese tech exporters. As China invests in infrastructure projects, including stadiums and a 5G technology plan, concerns arise about potential "debt traps" and a shift in the region's geopolitical dynamics.

The company said the plant is anticipated to generate 500 new jobs, with an average annual salary of USD 52,264, which is above the current average salary in the county of USD 46,464. Cooper's administration has been focused on attracting clean-energy industries to North Carolina.