Sunday, April 20
Hackers backed by the Chinese government accessed US Treasury Secretary Janet Yellen's computer and files, Bloomberg News has reported . The breach, discovered in December, also impacted the computers of Deputy Secretary Wally Adeyemo and Acting Under Secretary Brad Smith.The hackers accessed fewer than 50 files on Yellen's computer, focusing on the Treasury's work on sanctions, intelligence, and international affairs. While the hackers accessed unclassified files on more than 400 computers and 3,000 files on personal devices, they did not penetrate classified systems or email. They also accessed information related to the Committee on Foreign Investment in the US, which reviews the security implications of foreign investments.The breach happened through a vulnerability in software from Be
SpaceX launched its Starship rocket on its latest test flight Thursday, but the spacecraft was destroyed following a thrilling booster catch back at the pad. Elon Musk's company said Starship broke apart - what it called a "rapid unscheduled disassembly." The spacecraft's six engines appeared to shut down one by one during ascent, with contact lost just 8 1/2 minutes into the flight. The spacecraft - a new and upgraded model making its debut - was supposed to soar across the Gulf of Mexico from Texas on a near loop around the world similar to previous test flights. SpaceX had packed it with 10 dummy satellites for practice at releasing them.— elonmusk (@elonmusk) A minute before the loss, SpaceX used the launch tower's giant mechanical arms to catch the returning booster, a fea
Overseas investors have been bearish on India in recent months, pulling over Rs 1.3 lakh crore out of the country's stock market in 2024. Notwithstanding the general pessimism, they raised their stakes in around 27 midcap stocks by more than 5%. These include Home First Finance, Sansera Engineering, Pricol, Kalyan Jewellers, Data Patterns, Yatharth Hospital, Techno Electric, Mankind Pharma, Tips Music, Delhivery, and Archean Chemical, among others. 117315235Foreigners' holdings in Sansera Engineering rose by 9.5% in 2024, propelling the stock up by 46% during the year. Similarly, Pricol surged 43% after FPIs increased their stake by 9.4%. Kalyan Jewellers India rallied 116% in 2024 as FPIs boosted their holdings by 7.8%. The benchmark Nifty gained 8.75% in 2024 while Nifty Midcap 150 and
Mumbai: As US-based Hindenburg Research, the controversial short-selling firm, winds down, the impact of its stinging report on the share prices of Adani Group, one of its most notable targets, still lingers. The group's total market value is still 34% below the levels when the Hindenburg report was released on January 24, 2023, accusing the conglomerate of 'stock price manipulation' and 'accounting fraud'. The silver lining is that the conglomerate's financial parameters are pointing to better health.Out of the 11 Adani stocks listed then, seven are yet to recover to the pre-Hindenburg levels though the Nifty index has rallied 29% since then. Three stocks, such as Adani Total Gas, Adani Energy Solutions, and Adani Wilmar, are trading 50-83% lower; while NDTV, Adani Green and Adani Enterpr
