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Stay tuned for the latest developments in the world of business, stock markets, and economic trends. Our live updates bring you real-time information to ensure you never miss a significant story affecting the global marketplace and investment climate.

Latest News from October 20, 2024

Cuban Blackout Crisis Intensifies

As of October 20, 2024, residents of Havana are facing a severe crisis as they endure their second consecutive night without electricity following a nationwide blackout. This situation arises from the failure of a major power plant just as Hurricane Oscar approaches the island, raising alarms about further consequences for an already strained populace. The context of this blackout highlights vulnerabilities in the infrastructure.

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Widespread Coverage of Business Leaders
Follow developments surrounding industry giants like Bill Gates, Elon Musk, Mukesh Ambani, and Gautam Adani. In addition to business stories, we also provide updates on current gold and silver prices, helping you keep a finger on the pulse of market dynamics.
Disclaimer: This is an AI-generated live blog, unedited by Hindustan Times staff.

Latest Updates with Detailed Analysis

October 20, 2024 — 3:06 PM IST

Electrical Grid Failure in Cuba

Millions were left without power for two days after an electrical grid failure occurred, exacerbating an already troubling situation. The ripple effects of such failures extend beyond immediate outages and can have long-lasting implications on the economy and public health.

October 20, 2024 — 2:58 PM IST

HDB Financial Services Plans Major IPO

HDB Financial Services, a subsidiary of HDFC Bank, is set to launch a ₹12,500 crore IPO, meeting new RBI mandates for non-banking financial companies (NBFCs) to become publicly listed. This move is expected to generate significant interest from investors eager to participate in the growing financial sector.

October 20, 2024 — 2:04 PM IST

Concerns About Workplace Safety in Healthcare

A recent study revealed that over 50% of healthcare professionals feel that their workplaces are unsafe, particularly within state and central government medical colleges. This alarming trend calls for urgent reforms to ensure the wellbeing of those managing healthcare services.

October 20, 2024 — 1:24 PM IST

SpaceX and Eutelsat’s New Launch

In a landmark collaboration, SpaceX’s Falcon 9 rocket successfully launched with Eutelsat’s satellite, marking the first mission post-merger with OneWeb, which together manages a constellation of over 600 low Earth orbit satellites aimed at serving multiple industries.

October 20, 2024 — 12:28 PM IST

Insights on Fixed Deposit Rates

With potential RBI rate cuts looming, many investors are showing interest in three-year fixed deposits. We provide you with the latest rates from various banks, including SBI, HDFC, PNB, and ICICI, offering essential insights for financial planning.

October 20, 2024 — 10:56 AM IST

Changes in H1B Visa Discussions

Piyush Goyal announced that the H1B visa topic will no longer dominate international discussions as India seeks new avenues for investments. This statement signals a shift in the governmental focus towards nurturing domestic capabilities.

October 20, 2024 — 10:38 AM IST

Upcoming IPOs Worth ₹11,000 Crore

Investors can anticipate nine new IPOs worth around ₹11,000 crore hitting the market soon, along with the listing of Hyundai Motor India. This influx signifies active engagement in the primary market.

October 20, 2024 — 10:15 AM IST

Gold and Silver Rates Update

As of today, the price of 10 grams of 24-carat gold is ₹79,593 in Delhi, while silver is priced at ₹102,600 per kg. Stay updated on these values to inform your investment decisions.

October 20, 2024 — 9:28 AM IST

Celebrating Female Talents

Isha Ambani was honored at the Harper’s Bazaar Women of the Year Awards, dedicating her recognition to her mother and daughter, showcasing the influence of women in business and culture.

October 20, 2024 — 8:40 AM IST

Boeing Strikes Deal to End Prolonged Strike

In a bid to resolve a costly strike that has impacted airplane production for over a month, Boeing has proposed a 35% wage increase and attractive bonuses for its employees. The negotiations signal a crucial effort to return to normal production operations.

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