Formed

• Veteran investor Vikas Khemani stated at the ET Alpha Wealth Summit that current concerns regarding Indian equities are driven by "recency bias" rather than a decline in market fundamentals. • Khemani highlighted that India has consistently outperformed other emerging markets over a long-term horizon of 10 to 15 years. • The analysis suggests that investors should prioritize structural growth drivers over short-term market volatility to maintain a balanced perspective.

• The James Webb Space Telescope has discovered an ancient black hole that appears to have formed before its host galaxy, challenging existing astronomical models. • These findings stem from observations of "Little Red Dot" galaxies, which are extremely distant and ancient objects in the early universe. • The discovery represents a "paradigm shift" for scientists, as it forces a total revisiting of classical scenarios regarding how black holes and galaxies co-evolve.

• NASA’s James Webb Space Telescope has identified a massive black hole that appears to have formed before its host galaxy. • This discovery challenges the traditional scientific consensus that galaxies form first, with black holes later developing from the collapse of massive stars within them. • The finding is significant because it suggests a different evolutionary path for the early universe, where black holes may act as seeds for galaxy formation.

• MarketsMojo has launched a comprehensive financial news and analysis platform providing real-time updates on trending stocks, IPOs, mutual funds, and global markets. • The service offers a suite of investor tools, including detailed result analysis, corporate news, and seamless portfolio tracking to help users monitor their assets. • This platform matters as it empowers investors to make more informed financial decisions through expert stock analysis and immediate real-time alerts.

Heather Hallett hails vaccine scheme but criticises rule that only those meeting 60% disabled threshold can get payoutsThe Covid-19 vaccine programme in the UK was an “extraordinary feat” but the payment scheme for people injured by the jabs must be urgently reformed, the public inquiry on the pandemic has found.In her report, the inquiry chair, Heather Hallett, praised the fact the UK was a world leader in biomedical sciences, which set it in good stead for developing and rolling out vaccines at scale. But she said the government must act urgently to reform the scheme for payments to the “small minority” of people seriously injured by the vaccines, and almost double maximum payouts to at least £200,000 from an upper limit of £120,000 at present. Continue reading...

Under outgoing mayor Anne Hidalgo, the French capital added bike lanes, cut traffic and reclaimed public space, but not without resistanceWhen Corentin Roudaut moved to Paris 10 years ago, he was too scared to cycle. The IT developer had biked everywhere as a student in Rennes but felt overwhelmed by the bustling French capital. Cars were everywhere. Cyclists had almost no protection.But once authorities carved out space for a segregated bike lane on Boulevard Voltaire near his home in the 11th arrondissement, Roudaut returned to the two-wheel commute and did not look back. He now volunteers with Paris en Selle, a cycling campaign group, and has watched with wonder as the city has shaken off its car-centric reputation. Continue reading...