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Jersey Shore: Family Vacation season 7, episode 28 free stream todayNew Delhi: The finance ministry has asked public sector banks (PSBs) to conduct annual hackathons in association with the Indian Institutes of Technology (IITs), universities and science institutions. It is part of an initiative to develop and encourage new initiatives in the fintech sector and strengthen cybersecurity , said a government official, adding that each PSB will conduct a hackathon in one location every year, selecting one institute or university. The hackathons will be organised around key ideas such as advanced fraud detection mechanisms, behaviour-based user authentication and security monitoring. "These issues are the cornerstone of the hackathon series. Each bank will now prepare an individual action plan including problem statements and the timeline and construct of these events," a bank executive said on condition of anonymity. Another banker said some lenders have already taken such initiatives at their own level. " Bank of Baroda held an online hackathon on generative artificial intelligence (GenAI) in collaboration with Microsoft. State Bank of India has its own innovation hub, but now, as per the government suggestion, this will be a collaborative effort," the executive said, adding that banks are also looking to set up a committee to identify issues in these sectors. 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Last week, financial services secretary M Nagaraju held a meeting with banks and the Indian Cyber Crime Coordination Centre to address increasing threats from digital financial frauds , especially mule accounts. The finance ministry said in a statement that banks were urged to adopt best practices, leverage cutting-edge tools and foster inter-bank collaboration to address mule accounts effectively. "Banks were directed to adopt advanced technologies, including AI/ML solutions, for real-time detection of mule accounts, training & upskilling bank staff on fraud detection and prevention, and greater advocacy & awareness for common citizens not to fall prey to the fraudsters," the finance ministry said. Nominations for ET MSME Awards are now open. The last day to apply is December 15, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )
Wall Street's holiday cheer ended abruptly on Friday, with all three main benchmarks closing lower in a broad-based sell-off affecting even tech and growth stocks that had driven markets higher through much of the shortened trading week. The decline ended the Dow Jones Industrial Average's five-session winning streak that had followed a 10-session decline, its worst losing stretch since 1974. According to preliminary data, the S&P 500 lost 65.34 points, or 1.08 per cent, to end at 5,972.25 points, while the Nasdaq Composite lost 294.69 points, or 1.47 per cent, to 19,725.67. The Dow Jones Industrial Average fell 321.73 points, or 0.74 per cent, to 42,992.58. "Today feels like there is quite a bit of profit-taking across the board," said Michael Reynolds, vice president of investment strategy at Glenmede. "We are more than two years into a pretty strong bull market ... so it's really not surprising to see some people taking their profits and rebalancing their portfolios ahead of the new year." The sell-off thwarted the seasonal Santa Claus rally, in which stocks traditionally rise during the last five sessions of December and the first two of January. Since 1969, the S&P 500 has climbed 1.3 per cent on average, according to the Stock Trader's Almanac. Thursday's session hinted at momentum stalling, with both the S&P 500 and Nasdaq posting marginal losses to end multi-session winning runs. Rising US Treasury yields had been catching investors' attention, with the benchmark 10-year note hitting a more than seven-month high in the previous session. The yield hovered close to that mark on Friday, at 4.62 per cent. Higher yields are seen as hampering growth stocks, as they raise borrowing costs for business expansion. These stocks, especially the so-called Magnificent Seven technology megacaps which had been key drivers of the market's 2024 rally, were also caught up in Friday's sell-off. For the second successive day, Tesla led decliners among the group. "We have a higher cost of capital whenever rates go up like this, and they have gone up pretty significantly over the last month or so," said Glenmede's Reynolds. "Investors may just be reassessing the bets they are taking when the cost of capital is higher, perhaps looking at some of the valuations on the Mag 7 and wondering whether they can find better value elsewhere." Most of the 11 major S&P sectors fell. The worst performers on Friday were the three indexes which have been 2024's leading lights: consumer discretionary, information technology and communication services. Despite Friday's travails, all three indexes recorded weekly gains. News events helped some stocks to buck the market sell-off. Amedisys gained after the home health service provider and insurer UnitedHealth extended the deadline to close their $US3.3 billion ($A5.3 billion) merger. Lamb Weston climbed after a filing showed activist investor Jana Partners is working with a sixth executive to push for changes at the French fry maker, a move which could result in a majority of the company's board being replaced. Trading volumes in this holiday-shortened week have been below the average of the last six months and are likely to remain subdued until January 6. The next major focus for markets will be the December employment report due on January 10.Taiwan Categorized By The ITIF As A Low-Risk Country Amid Trump’S Tariff ThreatsSemona scores 15 as Stonehill takes down Lafayette 70-65
Audiences around the globe are loving the South Korean dystopian thriller series Squid Game for its gripping scenes, intense stunts, and, of course, the iconic games where players must win to survive. One element of the show that stands out is the doll, Young-Hee, who shoots at players caught moving after her countdown. Now, a viral video doing the rounds on social media shows Marvel comics superhero Hulk coming to the rescue. How? In the video, we see Hulk joining the squid games. When Young-Hee notices Hulk, sweat drips down from her forehead; however, he charges toward her and, much to her dismay, proceeds to thrash her. The video has fans of the show going gaga over the fan-edit clip. Watch the viral video below. ‘Squid Game Season 2’ Claims the Top Spot, Dominates Netflix Rankings in 92 Countries. Hulk joins Squid Game! (Credit: MelosQuest) pic.twitter.com/NwtLJ8ixiw — Evil Dead Ash (@AshySlasheeDB) December 29, 2024 When Hulk Joins the Squid Games! when hulk joins squid game #hulk #SquidGame2 pic.twitter.com/dzos5voT03 — AR Entertainment (@ARMedia28524249) December 29, 2024 Marvel Superhero Hulk in ‘Squid Game’ Hulk in Squid Game pic.twitter.com/uEe3NJ0zHL — Mr. Alp (@MrTheAlp) November 17, 2024 Hilarious!! Hilarious 😂 When Hulk joins #SquidGame2 😂 pic.twitter.com/rXtjXGJrhM — 🇮🇳 PREM KUMAR YADAV 🇮🇳 (@Indian_6789) December 29, 2024 LOL! Hulk in Squid Games😂 pic.twitter.com/CQnSuxrvxh — Ajay Krishna X (@AjaykrishnaAJ) December 30, 2024 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)
As darkness fell at Muan international airport in South Korea and officials fielded questions from distraught relatives of the dead, the most likely explanation was that the plane had been struck by one or more birds, triggering a sequence of events that prevented the pilot from deploying the landing gear. Aviation officials focused on bird strikes – and, to a lesser extent, the weather – as the most probable causes, even as some experts said bird strikes, which are relatively common, would not have been enough to cause a catastrophic failure of the landing gear. It has been reported that the control tower at Muan issued a bird strike warning shortly before the pilot made a mayday call. “Staff members all said they had never seen so many birds before. They suddenly flew in from outside the airport,” an anonymous airport official told the South Korean news site OhmyNews. More will be known once officials have inspected flight data retrieved from the debris of the Boeing 737-800, but aviation experts said a bird strike alone probably would not have had the impact needed to disable the landing gear. “A bird strike is not unusual, problems with an undercarriage are not unusual,” said Geoffrey Thomas, the editor of Airline News. “Bird strikes happen far more often, but typically they don’t cause the loss of an airplane by themselves.” Other experts echoed Thomas’s scepticism. “I’ve never seen a bird strike prevent the landing gear from being extended,” said Geoffrey Dell, an Australian airline safety expert. Trevor Jensen, an Australian aviation consultant, said fire and emergency services would normally be ready for a belly landing, “so this appears to be unplanned”. Marco Chan, a senior lecturer in aviation operations at Buckinghamshire New University in England, said: “Bird strikes are a significant risk to aircraft, and the danger depends on factors like the bird’s size, the aircraft’s speed, the location of the strike, and the engine design.” Birds weighing up to 1kg “rarely cause catastrophic failures but can damage engine blades or other critical parts”, Chan said, adding that the Boeing 737-800, equipped with CFM56-7B26 engines manufactured by CFM International, was designed to handle many bird strike scenarios. Birds weighing more than 3kg, such as geese or swans, posed the highest risk, especially if ingested into an engine, he said. “Even smaller birds can cause significant problems at high speeds, particularly if they strike multiple systems. While engines and airframes undergo extensive testing to manage these risks, rare and extreme scenarios remain a challenge in aviation safety.” Dell said if a flock of birds had been sucked into the engines, that would not have shut the engines down immediately, giving the pilots time to react. Footage of Sunday’s crash shows the plane travelling at speed when it made contact with the tarmac. It did not appear to slow down as it careered along the runway and across a buffer zone directly in front of the perimeter wall. In a typical belly landing, Thomas said, “you are going to land on your engines and you’re going to have a bumpy ride. You come in with minimum fuel, you have fire tenders in attendance, covering the runway with foam, and you land at the furthest end of the runway and usually it ends up being an okay situation.” Bird strikes typically occur during landing and take-off and are one of the most common threats to aircraft. A recent study by the US Federal Aviation Administration and the US Department of Agriculture found that 296,613 “wildlife strikes” were reported worldwide between 1990 and 2023, 98.3 per cent of them in the US, and mostly caused by birds. The study found that the number of incidents had risen almost every year. Over the 33-year period, 83 bird strikes had resulted in the destruction of an aircraft, the report said. About 70 per cent of the incidents occurred at or below 500ft above ground level, while those occurring above 500ft were more likely to cause damage. The location of Muan international airport, where Sunday’s crash occurred, could turn out to be significant. It sits near three major bird sanctuaries that serve as wintering grounds for migratory birds. A survey this month by South Korea’s National Institute of Ecology recorded nearly 19,000 migratory birds in these sanctuaries. The airport has recorded the highest rate of bird strikes among South Korea’s 14 regional airports, with 10 incidents reported between 2019 and August this year, according to data submitted to parliament by the Korea Airports Corporation. A 2020 environmental impact assessment for the airport’s planned runway expansion specifically warned of the risks, noting that “the outer airport area has wide farmland and tidal flats” and that the nearby area was “particularly rich in bird food sources and rest areas”. Transport ministry regulations require airports with one runway to maintain four dedicated bird control staff, or two staff for airports with fewer than 5,000 flights annually, like Muan. Nationwide, bird strike incidents have been increasing, from 108 in 2019 to 152 last year. Some suggest the rise could be linked to climate change, with migratory birds becoming permanent residents and shifts occurring in the timing and species of birds appearing at airports. Airports employ various countermeasures including sound deterrents and monitoring systems, and some are exploring the use of AI and radar technology to track bird movements.Jimmy Carter: Many evolutions for a centenarian ‘citizen of the world’Supply-demand imbalance looms for critical battery raw materials by 2030: McKinsey
Local Sport Don't miss out on the headlines from Local Sport . Followed categories will be added to My News. A recruit who walked in off the street has peeled off a glittering maiden century for Caulfield. Madhur Ghai joined the Fielders in pre-season training and club officials knew they had a beauty straight away. On Saturday, the 22-year-old realised his potential when he made 103 not out to help Caulfield to a hefty 6-316 against Moorabbin at Caulfield Park in the Victorian Sub-District Association south-west Round 7 clash. Caulfield’s big day was capped off by a blistering late cameo by 18-year-old debutant Ari Fell, who came in at No. 8 and cracked 50 not out off 46 balls (2 fours, 3 sixes). Ghai and Fell shared an unconquered 79-run stand. Josh Rymell hit another half-century for Caulfield. Picture: Valeriu Campan Coming to the crease at 3-62, Ghai unleashed a series of crisp drives, hitting 7 boundaries, including an all-run four, during his 164-ball stay. He is a former Balwyn Saints all-rounder who started the season in Caulfield’s seconds. “He’s just a young kid who works at a school with (former Caulfield player) Aaron Fetter,’’ Caulfield playing-coach Lachlan Graf said. “He was looking for somewhere to play. ‘Fet’ got him down to pre season training and from the first training you could tell he could bat.’' Graf said Ghai was an unknown at the start of the season but he’s now an exciting prospect. “We didn’t really know what he’d be like,’’ he said. “We put him in the twos and our chairman of selectors Simmo (John Simmons) watched him in his first game in the twos and and said, ‘sh.., I think we’ve found someone here who can really bat. And he’s handy with the ball as well and he’s really good in the field. He just sort of fell in our lap and it’s been a really good pick up.’’ Fell is a raw talent with huge upside. “He’s got an eye like a dead fish,’’ Graf said. “He keeps it pretty simple, he watches the ball and hits the ball. And he makes runs. He’s probably still learning how to bat but he just has an appetite for runs, knows how to score.’’ Ghai and and Jeremy Corby (44) shared a 104-run fifth wicket partnership as the Fielders got rolling after a shaky start. Class act Josh Rymell (59) scored his second straight half-century. Tim O'Brien scored a quality century for Werribee. Picture: Andy Brownbill It was a captain’s knock to savour for Werribee’s Tim O’Brien. The Tigers No.3 walked to the crease at 1-19 and departed with his side rolling at 3-230 after he clattered 128 against Melton . He hit 13 fours and two sixes in his 193-ball innings. O’Brien shared a 202-run partnership with opener Matthew Burton who solidly accumulated 74. The Tigers have set Melton 285. Brighton seamer Glen Parker went further ahead on top of the wickets chart with another clinical display against Williamstown . His haul of 4-54 off 18.4 overs took him to 20 wickets for the season at 9. Cassidy combined with Will Sist (3-37) and Lucky Malik (2-15) to dismiss Williamstown for 192. Willy No. 3 Matthew Dervan held the innings together, putting away 9 fours on his way to 72. In reply, ladder-leading Brighton was 0-11. Tom Collins made 41 as Elsternwick’s middle order rallied after a tough start against Spotswood . From 3-22, Elsty recovered to post 196, with Collins, Cameron Christiansen (38), Zach Grundmann (35) and Roshan Livera (35) showing the way. Seven Spotswood bowlers took a wicket, with Dan Schuppan (3-39) doing the early damage and Sam Hope (2-20) providing firepower. Facing four overs before stumps, Spotswood lost Ross Horkings, lbw to Livera, to be 1-18. Port Melbourne opener Jake Rothnie scored his second consecutive half-century to help Port to 220 against Ormond . Rothnie elegantly put away 10 fours and 1 six during his 110-ball 81. When he was dismissed Port Melbourne was 5-133. Malvern batter Chris McCormick. Picture: Valeriu Campan Shijit Chandran Poovathingal has put Hoppers Crossing in a strong position over Malvern with a striking six-wicket haul. The right-arm spinner reduced the Roosters from 4-107 to all out for 179 with 6-52. Malvern skipper Tom Rickarby (52) had put his side back into the game after it was 4-27 but was the first of Poovathingal’s victims. Poovathingal also removed the dangerous Chris McCormick who had struck a run-a-ball 60. A successful chase would keep Hoppers in the logjam of teams on the same amount of wins between third and eighth. Yarraville has set Taylors Lakes a competitive score, courtesy of some lower-order runs from No.8 Will Sheffield. Sheffield went in at 6-129 and was able to drag Yarraville to 218 with a quick-fire 43. He combined nicely with Senad Jahic, who struck 55 from 150 balls. Oakleigh , meanwhile, will be looking for quick runs on the morning of day two to push for an outright victory over Altona . The Oaks — led by 4-33 from Alex Jones — ripped through the visitors for 114 and were 0-59 overnight. Oaks opener Ned Bailey was in a hurry before the close of play, rushing to 46 not out from only 40 balls. The Oaks still trail Altona by 55 runs when play resumes on Saturday but will be pushing for maximum points. Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Regional News 7x World Champion, Hall of Famer makes Surf Aus history A seven-time World Champion made history, becoming the first woman to receive Life Membership of Surfing Australia after decades of contributing to the sport. Details and full list of awardees from the night inside: Read more News ‘Genuinely invested’: Aussie star makes surprise Premier cameo A Premier Cricket club had the luxury of calling on one of the most renowned T20 bowlers in the country. 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