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US stocks rise after in-line inflation data firm up December rate-cut bets - Investing.com India

  1. US stocks rise after in-line inflation data firm up December rate-cut bets  Investing.com India
  2. Stocks Eye Fresh Peak as CPI Boosts Rate-Cut Bets: Markets Wrap  Mint
  3. Dow rises 100 points as as traders assess state of postelection rally, new inflation data: Live updates  CNBC
  4. Yields Sink as CPI Puts December Fed Cut in Play: Markets Wrap  Bloomberg






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Modi regime sees five-fold jump in ITR filers with income above Rs 50 lakh; middle class tax burden falls - The Economic Times

  1. Modi regime sees five-fold jump in ITR filers with income above Rs 50 lakh; middle class tax burden falls  The Economic Times
  2. Modi regime sees five-fold jump in ITR filers with income above Rs 50 lakh  Deccan Herald
  3. Tax burden shifting to super-rich, but middle class barely growing  The Financial Express
  4. Taxpayers with annual income of over ₹1 crore rose 323% to 350,000 in 10 yrs  Hindustan Times
  5. More than 8 cr ITRs filed for FY 24, 74 pc in new tax regime  The Economic Times





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The Power of Digital Twins

By Bob O’Donnell, president and chief analyst of TECHnalysis Research While much of the technology world is still searching to find easily measurable productivity improvements with generative AI, it turns out there’s another tech trend that’s already driving very impressive results today: digital twins. The idea behind digital twins is to create a complete replica of a physical system in software and then use that digital copy to run simulations and other tests before building a physical implementation of the device or system in the “real world.” Software-Based Systems As you can easily imagine, the ability to create, refine, and test complex configurations of various elements in software before committing to a hardware design offers incredible benefits to a system’s designers. In addition to ensuring that a given design works as intended, a digital twin offers the opportunity to refine the entire system or any combination of individual elements. Organizations can focus on optimizing a design for the best possible performance, most efficient energy usage, or any number of other targets that a company may have for a specific product. Digital twins can also be used for testing under conditions that aren’t practical in the real world, such as crashing a car or jet engine thousands of times in thousands of different situations. In addition, one of the more intriguing new applications of GenAI is to use it to help refine this system optimization process. Appropriately trained foundation models can run through billions of permutations and help ensure that a digital twin of a given system is as good as it can be by “solving” for the best potential outcome. They can also create design performance levels that existing methodologies don’t even begin to meet. The real trick in getting this all to work is finding the right software solution to build the digital twin. Not surprisingly, the type of device being “modeled” in digital form impacts this decision, but one of the most important overarching demands is the ability for a tool to faithfully replicate in software how individual elements behave in the real world, both on their own and in combination with other elements. It turns out that tools originally designed to digitally create some of the most complex and sophisticated devices that humankind has ever conceived—the semiconductor chips powering today’s digital devices—are extremely well suited to this digital system emulation task. Why Cadence? That’s why a company like Cadence, which was founded to create and is best known for its EDA (electronic design automation) chip design software, has become an important force in the world of digital twins. In solving the technical challenges associated with the chip design process, Cadence created software capabilities that can be applied to building an enormous range of sophisticated systems, including jet and automobile engines, manufacturing equipment, computing systems, and much more. Much of the work is focused on what the company refers to as computational software—that is, software that can solve the immensely complex physical and computational problems that underly and mathematically “describe” how the different elements in a system function on their own and in combination with other elements. It is these capabilities that allow Cadence software tools such as Allegro X Design Platform and Clarity 3D Solver to accurately emulate in software the real-world functionality and performance of systems that integrate various components. In the case of systems like jet engines that need to function well in volatile real-world environments, companies can use Cadence’s Fidelity CFD (Computational Fluid Dynamics) Platform . This allows designers to see how their designs operate in different types of weather, at different altitudes, in dangerous conditions that can’t be replicated in the real world, and much more—again, all before committing to an expensive hardware prototype. Of course, the EDA tools that Cadence is best known for—like Virtuoso Studio and Xcelium Logic Simulator —allow these capabilities to be brought to individual semiconductor chip designs. Before they go into production, all the world’s biggest chip companies use Cadence tools to create, refine, and digitally test their latest generation chips. With the move to chiplet architectures that bundle together multiple individual chips into larger, more sophisticated SoCs (system on chips) in 3D packages, Cadence has a tool called Integrity 3D-IC Platform for creating chiplet designs. Once it comes time to create customized chips for some of these applications, Cadence also offers hardware platforms such as Palladium Emulation and Protium Enterprise Prototyping that organizations can use to prototype and validate their designs before they commit to manufacturing. On top of that, many companies then use other Cadence tools like the aforementioned Allegro X Design Platform to link together multiple independent chips and other elements into a computing system design. Building even further, Cadence has recently released a set of tools called Cadence Reality Digital Twin Platform for modeling the performance, power consumption levels, and operation of data centers that integrate thousands of different computer systems. Given the enormous power demands that today’s GPU-rich cloud and enterprise data centers have, the ability to optimize the overall data center design for more power efficiency is an absolutely essential need. Biological Systems What’s fascinating is that these system-level design capabilities extend beyond the world of hardware into fields like biology and drug discovery as well. In fact, Cadence’s 2022 acquisition of OpenEye and the new product efforts associated with it are centered around modeling how complex biological systems will react to newly created drugs. In this case, Cadence tools such as Orion Molecular Design Platform essentially create digital twins of various types of human cells and then model how various molecules from a new type of drug will interact with those cells. Using these types of technologies, companies can rapidly expand the range of different molecules that they test in the digital domain without going through the very difficult and time-consuming task of creating and testing physical samples of these new molecules. While the work is still in its early phases, the potential of combining this technology with appropriately trained GenAI models could lead to significantly faster drug discovery efforts. Given the computational power now available to us—thanks in no small part to the impact that EDA tools like the ones from Cadence have had over the last several decades—the ability to emulate complex systems completely in software through the process of digital twinning has never been more compelling. From designing individual ICs (integrated circuits), through compute systems, and even into areas like computational fluid dynamics and drug discovery, the possibilities that digital twins—and the tools that create them—have enabled offer the potential to dramatically impact industries of all types and sizes. It’s going to be exciting to see how their impact continues to grow. Bob O’Donnell is the president and chief analyst of TECHnalysis Research, LLC , a market research firm that provides strategic consulting and market research services to the technology industry and professional financial community. You can follow him on Twitter @bobodtech .




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PAOCC employee caught stealing BPO worker’s phone

After the viral slapping incident, the Presidential Anti-Organized Crime Commission figured in another controversy after a PAOCC employee reportedly stole the phone of a worker of the raided business process outsourcing firm in Bagac, Bataan.




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Biñan execs told to explain reclamation project

Officials of Biñan City have been ordered to respond to a complaint filed by residents regarding a reclamation project in Laguna de Bay.




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La Union named most competitive province

La Union has been named as the most competitive province in Ilocos region and placed seventh in the nationwide 2024 Cities and Municipalities Competitiveness Index for two consecutive years.




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Holidays in 9 areas declared

Malacañang has issued proclamations declaring local holidays in nine areas in the country.




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Scanners for ingested contraband deployed in Bilibid

Two Soter RS full body scanners capable of detecting ingested or hidden contraband have been deployed at the New Bilibid Prison, according to the Bureau of Corrections (BuCor).




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38,000 Makati Blu Card holders get cash incentives

Over 50,000 senior citizens continue to benefit from Makati’s Blu Card program, which offers perks to enhance their quality of life, Mayor Abby Binay announced on Tuesday.




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Bersamin, Remulla at NBI anniversary today

The National Bureau of Investigation will celebrate today its 88th founding anniversary with events planned to recognize the NBI’s nearly nine decades of service.




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Nurses to man 1400 emergency number that assesses urgency of health call-ins

A centralised hotline on number 1400 will be taknig calls for the Emergency Call Centre for healthcare professionals to direct callers to the best available emergency facility by assessing the degree of urgency of call-ins




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Transport minister on SiGMA traffic: ‘Events like this will result in congestion’

Minister Chris Bonett said he sympathises with those who were stuck in traffic on Tuesday evening but added that events of this kind will inevitably result in congestion




in

Court lifts €20 million freezing order on DF Advocates in Vitals case

Court removes temporary freezing order on DF Advocates after decreeing that the law firm could not be found criminally guilty




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Cruise liner passengers fall by 7% in third quarter of 2024, but cruise liner calls increase

Figures published by the National Statistics Office show that Malta has welcomed 672,276 cruise passengers in 2024




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Inquiry expert tells court she could not find Malta Enterprise due diligence report for Vitals concession

Vitals inquiry expert Miroslava Milenović faces heated scrutiny over qualifications and methods for her role in uncovering complex financial links




in

Italian Court fully acquits Palumbo Shipyards of waste dumping conviction

Antonio Palumbo, owner of Palumbo Shipyards, fully acquitted by Messina Court of Appeal, which ruled his actions in alleged illegal dumping did not constitute a crime




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Malta presents Climate Vulnerability and Resilience Index at COP29

The index was designed to quantify the specific vulnerabilities faced by countries, especially small island developing states




in

Police seize 146kg of cocaine in Freeport

The police said that unlike other drug busts of this scale, the shipment was intended for the local market, and had a street value of €20 million. Four Maltese men have been arrested in connection with the bust




in

MIA posts €39.5 million net profit in nine-month review

Malta International Airport generated €107.8 million in revenue for the first nine months of 2024, posting a net profit of €39.5 million




in

DOGE: Musk selected by Trump for new cost-cutting role

US President-elect Donald Trump selects Elon Musk to assist with government cost-cutting as part of his push to ‘dismantle’ bureaucracy upon his return to the White House next year




in

Government to mark 50 years as a Republic with L-Istorja, Int’ celebrations in Valletta

'L-Istorja, Int' (History, You), will be the theme for the 50th anniversary celebrations for Malta's Republic Day




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PN: Gozo Minister not only defrauded the public, but is also guilty of coverup

Nationalist Party officials says Gozo Minister Clint Camilleri should resign for covering up the squandering of €70,000 that could have benefited Gozitans when employing Tourism Minister Clayton Bartolo’s partner Amanda Muscat as consultant




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UAAP: Also-ran Ateneo thwarts Final Four hopeful UE

Eliminated Ateneo refused to easily let University of the East move on to Final Four of the UAAP Season 87 men’s basketball tournament. The Blue Eagles added to the woes of the Red Warriors with a 71-67 victory on Wednesday at the UST Quadricentennial Pavilion. “I was just very happy with the team today because they played with so much effort and resolve,” coach Tab Baldwin said. SCHEDULE: UAAP Season 87 basketball “When you haven’t been able to gel as well as we would like to as a team throughout the year, it really comes down to effort, and I […]...

Keep on reading: UAAP: Also-ran Ateneo thwarts Final Four hopeful UE




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CESAFI: CIT-U Junior Wildcats claw back USPF in come-from-behind win

CEBU CITY, Philippines —The Cebu Institute of Technology-University (CIT-U) Junior Wildcats mounted a dramatic second-half comeback to edge out the University of Southern Philippines Foundation (USPF) Baby Panthers, 53-50. The game was part of the Cebu Schools Athletic Foundation, Inc. (CESAFI) Season 24 High School Basketball Tournament, held on Wednesday, November 13, at the Cebu Coliseum. With the victory, the Junior Wildcats improved to a 6-4 record, securing the No. 6 spot in the standings, while USPF slipped to 4-5, dropping to No. 7. CIT-U forward Daniel Mapula was a key contributor throughout the game, dominating the paint with 10 […]...

Keep on reading: CESAFI: CIT-U Junior Wildcats claw back USPF in come-from-behind win




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Duterte defies VP Sara’s appeal to excuse him from hearing

MANILA, Philippines — Former President Rodrigo Duterte has defied the appeal made by her daughter—Vice President Sara Duterte—that the ex-leader be excused from the House of Representatives’ quad committee hearing as it is already getting late. When the quad committee hearing on Wednesday was suspended at 9:10 p.m., Vice President Duterte approached lead presiding officer and Surigao del Norte Rep. Robert Ace Barbers, Santa Rosa City Rep. Dan Fernandez, Senior Deputy Speaker Aurelio Gonzales Jr., and Deputy Speaker David Suarez to discuss something. READ: Ex-President Duterte shows up at House quad comm drug war hearing After some time, Barbers asked […]...

Keep on reading: Duterte defies VP Sara’s appeal to excuse him from hearing




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Pagasa explains why recent typhoons tend to only hit Northern Luzon

MANILA, Philippines — A specialist from the state weather bureau pointed to the ridge of a high pressure area located north of the country as a factor behind the recent string of tropical cyclones to strike Northern Luzon. The region saw Severe Tropical Kristine (International name: Trami) make landfall in Isabela on Oct. 24, Typhoon Marce (Yinxing) in Cagayan on Nov. 7, and Typhoon Nika (Toraji) in Aurora on Nov. 11. Further, while Super Typhoon Leon (Kong-rey) made landfall in Taiwan, the cyclone brought inclement weather over Northern Luzon until it exited the Philippine area of responsibility (PAR) on Nov. […]...

Keep on reading: Pagasa explains why recent typhoons tend to only hit Northern Luzon




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Tarlac woman nabbed for posing as niece in online love scam

MANILA, Philippines — Central Luzon cops arrested a woman with the alias “Tita” for posing as her niece to lure a victim into giving her gifts, the Philippine National Police Anti-Cybercrime Group (PNP ACG) said. According to the PNP ACG’s report released on Wednesday, “Tita” created a Facebook account using her then 17-year-old niece’s name and began messaging a 70-year-old meat vendor in San Manuel town in Tarlac province. The suspect lured the victim into a secret relationship, which lasted for more than a year, getting him to send money and gifts said to be worth a total of nearly […]...

Keep on reading: Tarlac woman nabbed for posing as niece in online love scam




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BingoPlus’ newest Mega Jackpot winner bags ₱154 million

BingoPlus, the country’s comprehensive entertainment platform, announced its newest Bingo Mega Jackpot winner on November 13, 2024 with a grand total of 154,148,662 Pesos winning prize. The Bingo Mega Jackpot winner of 154 million Pesos is the highest prize ever won so far in the BingoPlus platform. With only 5 Pesos worth of cards, the BingoPlus user purchased 20 random green cards for only 100 Pesos, and amazingly, hit the biggest jackpot in BingoPlus history. BingoMega is among many games in BingoPlus that allows you to both enjoy and win prizes while playing. For just 5 Pesos, you can have […]...

Keep on reading: BingoPlus’ newest Mega Jackpot winner bags ₱154 million




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EASL: Meralco rallies past KBL's Busan behind new import

New import Akil Mitchell knocked down the marginal free throw with six seconds left and Meralco completed its comeback to defeat South Korea’s Busan KCC Egis, 81-80, Wednesday in the East Asia Super League at Philsports Arena in Pasig City. The reinforcement tapped for the PBA Commissioner’s Cup came through after being fouled in a looseball situation and the visiting Egis in penalty as the Bolts improved to 2-1 in Group B of the regional competition. Mitchell finished with 33 points and 22 rebounds, providing a glimpse of what to expect for the PBA’s midseason tournament slated to start later […]...

Keep on reading: EASL: Meralco rallies past KBL's Busan behind new import




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Nearly P150,000 worth of drugs seized in Caloocan buy-bust op

MANILA, Philippines — Northern Police District officers arrested two individuals and seized drugs worth a total of P146,440 in Caloocan City early Wednesday morning, Nov. 13. The suspects were identified by police as “Budoy”, 18; and “Buknoy”, 24, both of whom are Caloocan residents. NPD’s District Drugs Enforcement Unit made the arrest in a buy-bust operation at 4:12 a.m. on Wednesday along Libis Espina Street in Barangay 18, Caloocan City. Twenty grams of a white substance suspected to be shabu (crystal meth), estimated to be worth P136,000, were seized from the suspects. Additionally, police said they recovered 17 grams of […]...

Keep on reading: Nearly P150,000 worth of drugs seized in Caloocan buy-bust op




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Chinese man shot in Parañaque; suspects with P1.2-M in drugs nabbed

MANILA, Philippines — Parañaque City police arrested three foreign nationals for shooting a Chinese man and for possessing drugs worth P1.2 million during their arrest on Wednesday, Nov. 13. The victim was identified as “Li”, a 35-year-old Chinese national who works as a money changer employee in Parañaque City. He was shot at a residential complex in Barangay Don Galo on Wednesday morning and was taken to Juan De Dios Hospital in Pasay City for treatment. According to the Southern Police District’s (SPD) report, alias “Syncell”, a 32-year-old Filipino online agent who also lives in the complex, witnessed the incident. […]...

Keep on reading: Chinese man shot in Parañaque; suspects with P1.2-M in drugs nabbed




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Tolentino: No PNP officer, politician helped Guo escape from PH

MANILA, Philippines — No police nor any politician helped Alice Guo escape the Philippine jurisdiction, at least according to the internal investigation conducted by the Philippine National Police (PNP). Sen. Francis Tolentino, who was speaking on behalf of the PNP as the agency’s budget sponsor, bared the matter during the Senate’s marathon plenary debates on the 2025 funding. Prior to Tolentino’s disclosure, opposition Sen. Risa Hontiveros asked what was the result of the “internal investigation” conducted by the country’s police force. READ: Alice Guo says someone ‘initiated’ her escape “There was an investigation and the result was that no member […]...

Keep on reading: Tolentino: No PNP officer, politician helped Guo escape from PH




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DITO to launch equity offering on November 20

DITO CME Holdings Corp. is set to finally launch its follow-on offering of up to P4.2 billion next week, after one month of delay as it stepped back to assess the market. In a disclosure on Wednesday, the parent company of DITO Telecommunity (DITO Tel) announced that the offer would run on Nov. 20 to […]...

Keep on reading: DITO to launch equity offering on November 20




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FDC closer to record-high earnings 

Filinvest Development Corp. (FDC) is drawing closer to breaking its prepandemic income record as it continued to benefit from gains across its businesses in the nine-month period, mostly due to recovering consumer demand and tourism. The Gotianun-led conglomerate, whose businesses include real estate, banking and power generation, on Wednesday reported a 59-percent surge in net […]...

Keep on reading: FDC closer to record-high earnings 




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NPC to probe loss of funds in GCash accounts

The National Privacy Commission (NPC) will launch an investigation into the widespread unauthorized transfers involving several users of the country’s leading mobile wallet GCash. In a statement, the NPC said that GCash informed it about the incident on Nov. 11. However, the digital payment giant maintained that it recorded “no data leakage or personal data […]...

Keep on reading: NPC to probe loss of funds in GCash accounts




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Obeying Faith

"By faith Noah, being warned by God about things not yet seen, in reverence prepared an ark for the salvation of his household, by which he condemned the world, and became an heir of the righteousness which is according to faith" (Heb. 11:7).

True faith works.

When James said, "Faith without works is dead" (James 2:26), he stated a principle that's consistent throughout Scripture: True faith always produces righteous works.

The people described in Hebrews 11 made their genuine faith known in the things they did. The same applies to us today. Paul said, "The grace of God has appeared, bringing salvation to all men, instructing us to deny ungodliness and worldly desires and to live sensibly, righteously and godly in the present age" (Titus 2:11-12).

Perhaps better than anyone else in history, Noah illustrates the obedience of faith. Scripture characterizes him as "a righteous man, blameless in his time . . . [who] walked with God" (Gen. 6:9).

I remember a sportscaster interviewing a professional football player and asking him what he thought of his team's chances of winning the Super Bowl. The player replied, "We believe that if we just do what the coach says, we'll win." The team had absolute confidence in their coach, but they realized they had to do their part as well.

That illustrates the quality of faith Noah had in God, whom he trusted absolutely as he pursued a task that seemed utterly foolish and useless from a human perspective. Imagine instantly surrendering all your time and effort to devote 120 years to building something you'd never seen (a vessel the size of an ocean liner or battleship) to protect you from something you'd never experienced (rain and flooding). Yet Noah did it without question.

Noah's faith is unique in the sheer magnitude and time span of the task God gave him to do. He didn't argue with God or deviate from his assignment. Is that true of you? Are you pursuing your ministry as faithfully and persistently as Noah did his? Is your faith a faith that works?

Suggestions for Prayer

Thank God for the ministry He's called you to. If you sense there's more you could be doing, ask Him for guidance. Pray for added faithfulness and tenacity in serving Him.

For Further Study

Read the account of Noah in Genesis 6:1—9:17.



From Drawing Near by John MacArthur Copyright © 1993. Used by permission of Crossway Books, a division of Good News Publishers, Wheaton, IL 60187, www.crossway.com.

Additional Resources


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Bill to revoke tax-exempt status of terror-supporting NGOs fails to pass US House


Opponents of the bill claimed it would have targeted pro-Palestinian organizations that facilitate aid to Gaza.




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Rendezvous with a comet: 10 years to the historic Philae comet landing


On 12 November 2014, after a 10-year journey, the European Space Agency's Rosetta mission's lander Philae made space exploration history.




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Despite war, we are leading the fight against climate change, says Israel’s Climate Ambassador


“Climate change continues to happen, and it is important that Israel remains part of the efforts to mitigate the effects of climate change,” Behar said.




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'The Guardian' leaves X following Musk's new government nomination


“We think that the benefits of being on X are now outweighed by the negatives and that resources could be better used promoting our journalism elsewhere," The Guardian explained.




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Bill to weaken Israel Bar Association passes preliminary Knesset vote


The bill would give the Justice Minister the authority to set the amount of the annual membership fee instead of IBA's national council.




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Bill enabling police use of spyware passes preliminary vote in Knesset


The bill's goal is to enable the use of spyware to combat organized crime, according to the proposal's explanatory section.




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Israel questions ICC judge's impartiality in Netanyahu arrest case


The request requires the approval of ICC judges, but their decision has been delayed, partly because of several rounds of legal filings by Israel that have challenged the court's jurisdiction.




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US not limiting military assistance to Israel, but may act later


Washington warned Israel last month that military aid could be limited until progress was made. It did so based on Memorandum 20, which links such aid to humanitarian actions.




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New recordings of Yitzhak Rabin on Arab-Israeli peace talks, role of reservists


Yitzhak Rabin spoke of the importance of manpower and mobilizing reservists following the Yom Kippur War, echoing modern sentiments.