H M Sultan Haitham, Lukashenko to discuss enhancing ties
(Reuters) – Photoshop maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday, indicating the company’s investments to weave AI into its software applications were taking longer to bear fruit. Shares of the San Jose, California-based company fell over 8% in extended trading. The company forecast revenue between $23.30 billion and $23.55 billion compared with estimates of $23.78 billion, according to data compiled by LSEG. Adobe expects headwind of around $200 million to its fiscal 2025 revenue as a result of foreign exchange volatility and the company’s shift towards subscriptions. The company is making significant investments in AI-driven image and video generation technologies in response to the growing competition from well-capitalized startups such as Stability AI and Midjourney. While Adobe projected strong growth for the second half of the year in June, its forecast on Wednesday indicated the company was still struggling to monetize its AI push. The company forecast first-quarter revenue between $5.63 billion and $5.68 billion, below estimates of $5.73 billion. (Reporting by Kritika Lamba and Zaheer Kachwala in Bengaluru; Editing by Krishna Chandra Eluri) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );A record 38,189 permits for foreign, non-European workers, to come to Ireland were issued this year, a 24% increase on 2023. With the Irish economy experiencing full employment against a backdrop of increased economic activity firms have sought increased levels of work permits from the Department of Enterprise, Trade and Employment (DETE) across various sectors and industries. New data shows the department received almost 45,000 applications this year and granted more than 38,000, made up of 32,480 new permits and 5,709 renewals. The increase came despite a rise last January in the income thresholds for various positions. January also saw a major expansion of the programme with 43 new occupations added to the list including mechanics, electricians, meteorologists, butchers and bakers. More than 12,000 were issued for workers in the healthcare sector mainly for roles in nursing and healthcare assistants. More than 6,500 work permits were granted for professionals working in the tech sector and in excess of 3,500 permits were granted for the Agri sector, mainly for workers in meat processing plants. In terms of nationalities, the Department's figures show India topped the list with 13,147 permits issued followed by Brazil (4,458), Philippines (3,944), China (1,903) and Pakistan (1,690). Over half of all new permits issued were Critical Skills Employment Permits for workers who are qualified in professions where there is a shortage of skills in Ireland such as doctors, nurses, engineers and ICT professionals. The Department said the average salary for these roles was €58,746. "With 2.7m people in Ireland now at work, many industries are finding it difficult to recruit and retain staff in a tight labour market," Minister of State with responsibility for Employment, Emer Higgins said. "Hiring from outside of the European Economic Activity helps supplement our workforce in areas of critical skills." Based on data up until November, meat processing firm Dawn Meats Ireland was the largest single company to be issued permits with 662 workers followed by healthcare facility firms Redwood Extended Care (457), Mowlam Healthcare Services (390), and Nua Healthcare (371). Within the technology sector, Google Ireland was issued 368 permits Amazon Development Centre was issued 341 permits and Amazon Web Services was issued 218. The data shows that 2024 was the first year that Dublin accounted for less than half of the permits issued.President-elect Donald Trump will return to power next year with a raft of technological tools at his disposal that would help deliver his campaign promise of cracking down on immigration — among them, surveillance and artificial intelligence technology that the Biden administration already uses to help make crucial decisions in tracking, detaining and ultimately deporting immigrants lacking permanent legal status. While immigration officials have used the tech for years, an October letter from the Department of Homeland Security obtained exclusively by The Associated Press details how those tools — some of them powered by AI — help make decisions over whether an immigrant should be detained or surveilled. One algorithm, for example, ranks immigrants with a “Hurricane Score,” ranging from 1-5, to assess whether someone will “abscond” from the agency's supervision. The letter, sent by DHS Chief Artificial Intelligence Officer Eric Hysen to the immigrant rights group Just Futures Law, revealed that the score calculates the potential risk that an immigrant — with a pending case — will fail to check in with Immigration and Customs Enforcement officers. The algorithm relies on several factors, he said, including an immigrant’s number of violations and length of time in the program, and whether the person has a travel document. Hysen wrote that ICE officers consider the score, among other information, when making decisions about an immigrant’s case. “The Hurricane Score does not make decisions on detention, deportation, or surveillance; instead, it is used to inform human decision-making,” Hysen wrote. Also included in the government’s tool kit is a mobile app called SmartLINK that uses facial matching and can track an immigrant’s specific location. Nearly 200,000 people without legal status who are in removal proceedings are enrolled in the Alternatives to Detention program, under which certain immigrants can live in the U.S. while their immigration cases are pending. In exchange, SmartLINK and GPS trackers used by ICE rigorously surveil them and their movements. The phone application draws on facial matching technology and geolocation data, which has been used before to find and arrest those using the app. Just Futures Law wrote to Hysen earlier this year, questioning the fairness of using an algorithm to assess whether someone is a flight risk and raising concerns over how much data SmartLINK collects. Such AI systems, which score or screen people, are used widely but remain largely unregulated even though some have been found to discriminate on race, gender or other protected traits. DHS said in an email that it is committed to ensuring that its use of AI is transparent and safeguards privacy and civil rights while avoiding biases. The agency said it is working to implement the Biden administration’s requirements on using AI , but Hysen said in his letter that security officials may waive those requirements for certain uses. Trump has publicly vowed to repeal Biden's AI policy when he returns to the White House in January. “DHS uses AI to assist our personnel in their work, but DHS does not use the outputs of AI systems as the sole basis for any law enforcement action or denial of benefits,” a spokesperson for DHS told the AP. Trump has not revealed how he plans to carry out his promised deportation of an estimated 11 million people living in the country illegally. Although he has proposed invoking wartime powers, as well as military involvement, the plan would face major logistical challenges — such as where to keep those who have been detained and how to find people spread across the country — that AI-powered surveillance tools could potentially address. Karoline Leavitt, a spokesperson for Trump, did not answer questions about how the incoming administration plans to use DHS’ tech, but said in a statement that “President Trump will marshal every federal and state power necessary to institute the largest deportation operation” in American history. Over 100 civil society groups sent a letter on Friday urging the Office of Management and Budget to require DHS to comply with the Biden administration’s guidelines. OMB did not immediately respond to a request for comment. Just Futures Law’s executive director, Paromita Shah, said if immigrants are scored as flight risks, they are more likely to remain in detention, "limiting their ability to prepare a defense in their case in immigration court, which is already difficult enough as it is.” SmartLINK, part of the Intensive Supervision Appearance Program, is run by BI Inc., a subsidiary of the private prison company The GEO Group. The GEO Group also contracts with ICE to run detention centers. ICE is tight-lipped about how it uses SmartLINK’s location feature to find and arrest immigrants. Still, public records show that during Trump’s first term in 2018, Manassas, Virginia-based employees of BI Inc. relayed immigrants’ GPS locations to federal authorities, who then arrested over 40 people. In a report last year to address privacy issues and concerns, DHS said that the mobile app includes security features that “prohibit access to information on the participant’s mobile device, with the exception of location data points when the app is open.” But the report notes that there remains a risk that data collected from people "may be misused for unauthorized persistent monitoring.” Such information could also be stored in other ICE and DHS databases and used for other DHS mission purposes, the report said. On investor calls earlier this month, private prison companies were clear-eyed about the opportunities ahead. The GEO Group’s executive chairman George Christopher Zoley said that he expects the incoming Trump administration to “take a much more aggressive approach regarding border security as well as interior enforcement and to request additional funding from Congress to achieve these goals.” “In GEO’s ISAP program, we can scale up from the present 182,500 participants to several hundreds of thousands, or even millions of participants,” Zoley said. That same day, the head of another private prison company told investors he would be watching closely to see how the new administration may change immigrant monitoring programs. “It’s an opportunity for multiple vendors to engage ICE about the program going forward and think about creative and innovative solutions to not only get better outcomes, but also scale up the program as necessary,” Damon Hininger, CEO of the private prison company CoreCivic Inc. said on an earnings call. GEO did not respond to requests for comment. In a statement, CoreCivic said that it has played “a valued but limited role in America’s immigration system” for both Democrats and Republicans for over 40 years.
NoneRiverNorthPhotography With around two weeks left until the tax-loss selling opportunity ends, Walgreens Boots Alliance ( NASDAQ: WBA ) unexpectedly soared by 18% to nearly $11.00 on December 10, 2024. The WSJ reported that Walgreens and Sycamore Partners held discussions about a Please [+] Follow me for coverage on deeply discounted stocks. To get more beyond these articles, get do-it-yourself tips and tricks in three ways: Subscribe to the Free DIY Tier to get a preview of the subscription. Read dozens of articles. This is completely separate from the alerts you get when following me. The Basic tier is the entry-level level. The Full Service is for readers who want access to five stock models, live online chat, and timely, actionable, stock alerts. Chris Lau is an individual investor and economist with 30 years of experience covering life science, technology, and dividend-growth income stocks. He has degrees in Microbiology and Economics. Chris runs the investing group DIY Value Investing where he shares his top stock picks of undervalued stocks with catalysts for upside, dividend-income recommendations with quant and payment calendar tracking, high upside plays, and research requests to help you become a better do-it-yourself investor. Learn more. Top Pick this year : this stock has become the best ever top pick . Highlighted is the one-day change, the editor's pick, and daily gain. The returns from the public articles are: 2023 Average Return: 8.4% 2022 Average Return: 6.9% 2021 Average Return 29.90% 2020 Average Return: 49.9% Flagship Products: 1. Top DIY Picks: Undervalued stocks have upcoming catalysts that markets do not expect. 2. Dividend-income Champs that have a long history of dividend growth. Includes printable calendar and quantitative scores. 3. DIY Risky Picks for a speculative allocation positive momentum for up to a moonshot, triple return. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Kosmos Energy Ltd. stock rises Wednesday, still underperforms market
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Citigroup Inc. lifted its stake in Tri Pointe Homes, Inc. ( NYSE:TPH – Free Report ) by 16.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 189,378 shares of the construction company’s stock after acquiring an additional 26,253 shares during the quarter. Citigroup Inc. owned approximately 0.20% of Tri Pointe Homes worth $8,581,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds and other institutional investors have also modified their holdings of TPH. Gradient Investments LLC acquired a new position in Tri Pointe Homes in the 2nd quarter worth about $30,000. Reston Wealth Management LLC acquired a new position in Tri Pointe Homes in the third quarter worth approximately $45,000. GAMMA Investing LLC raised its position in Tri Pointe Homes by 63.1% during the second quarter. GAMMA Investing LLC now owns 1,520 shares of the construction company’s stock valued at $57,000 after acquiring an additional 588 shares in the last quarter. Blue Trust Inc. lifted its stake in Tri Pointe Homes by 31.7% in the second quarter. Blue Trust Inc. now owns 1,774 shares of the construction company’s stock valued at $69,000 after acquiring an additional 427 shares during the last quarter. Finally, CWM LLC grew its position in Tri Pointe Homes by 70.8% in the second quarter. CWM LLC now owns 2,220 shares of the construction company’s stock worth $83,000 after acquiring an additional 920 shares in the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors. Tri Pointe Homes Trading Down 0.2 % Shares of TPH opened at $43.53 on Friday. The stock’s 50-day moving average price is $43.14 and its 200 day moving average price is $41.68. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 9.03, a P/E/G ratio of 0.71 and a beta of 1.60. Tri Pointe Homes, Inc. has a 12-month low of $28.74 and a 12-month high of $47.78. Wall Street Analysts Forecast Growth TPH has been the subject of several analyst reports. Zelman & Associates raised shares of Tri Pointe Homes from an “underperform” rating to a “neutral” rating and set a $43.00 price objective for the company in a research note on Tuesday, September 17th. Royal Bank of Canada reduced their price target on Tri Pointe Homes from $48.00 to $45.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Wedbush reaffirmed a “neutral” rating and set a $42.00 price objective on shares of Tri Pointe Homes in a report on Thursday, October 24th. Finally, Oppenheimer dropped their price objective on Tri Pointe Homes from $56.00 to $53.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.75. Check Out Our Latest Report on Tri Pointe Homes Insider Activity In other news, General Counsel David Ch Lee sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $44.28, for a total value of $221,400.00. Following the sale, the general counsel now directly owns 85,792 shares in the company, valued at approximately $3,798,869.76. This represents a 5.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link . Corporate insiders own 2.00% of the company’s stock. Tri Pointe Homes Profile ( Free Report ) Tri Pointe Homes, Inc engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company operates through a portfolio of six regional home building brands comprising Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and the Carolinas; and Winchester Homes in Maryland and Northern Virginia. Featured Stories Want to see what other hedge funds are holding TPH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tri Pointe Homes, Inc. ( NYSE:TPH – Free Report ). Receive News & Ratings for Tri Pointe Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tri Pointe Homes and related companies with MarketBeat.com's FREE daily email newsletter .None
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FLORHAM PARK, N.J. (AP) — The New York Jets might be dealing with an opponent even tougher to overcome than their poor play, missed opportunities and ill-timed mistakes. Wide receiver Garrett Wilson suggested last Sunday a losing “gene” might be an explanation for the Jets’ inability to pull out victories after the team dropped to 3-10 with a loss at Miami. On Wednesday, Aaron Rodgers presented another perhaps more sinister reason. “I mean, it might be something like that," the quarterback said of Wilson's theory. "It might be some sort of curse we've got to snap as well.” Generations of frustrated Jets fans have half-jokingly insisted there have been negative forces at work against the franchise since Joe Namath delivered on his Super Bowl guarantee in January 1969. It remains the team's only appearance in the NFL's biggest game. Rodgers has been there once — and won — with Green Bay. The 41-year-old quarterback came to New York hoping to finally lead the Jets back to the Super Bowl. He even commented on how lonely the team's only Lombardi Trophy looked during his introductory news conference 20 months ago. Instead, Rodgers' first season in New York was cut short by a torn Achilles tendon just four snaps in, immediately resurrecting "curse” theories among jaded Jets fans. With its loss last Sunday, New York extended its playoff drought to 14 straight years, the longest active skid among the major North American sports leagues. And the team will be looking for a new general manager and coach after this season, and Rodgers' future in New York is very much up in the air. “Whatever the case, this team, this organization is going to figure out how to get over the hump at some point,” Rodgers said. “The culture is built by the players. There’s a framework set down by the organization, by the upper ups, by the staff. But in the end, it’s the players that make it come to life. "And at some point, everybody’s going to have to figure out what that special sauce is to turn those games that should be wins into wins.” The Jets have held the lead in the fourth quarter in five games this season. They've lost each of them, including the past three games. New York's inability to come away with wins in those prompted Wilson's “gene” theory. “I’m not exactly sure what he was talking about there,” Rodgers said with a smile. "I don’t know what the proper nomenclature is for the situation where we’ve lost some leads or haven’t been able to take the lead late in the game, but that’s the way it goes sometimes. We haven’t been great in situational football. “A lot of those games come down to the plays in the first and second, even third quarter, where if you make the play the game is not in that situation. But in those situations, we haven’t been very good on offense or defense or even (special) teams.” Rodgers said “it takes a conscious effort, it takes an intentional effort” to establish a winning culture, and it includes leadership, practice habits and setting standards inside and outside of the locker room. And this year's Jets, Rodgers said, are “on the edge” of that. “We just haven’t quite figured out how to get that special sauce worked out, mixed up,” he said. “It’s close and a lot of great guys are in the locker room. There’s some good mix of veterans and young guys, but we just haven’t quite put it all together.” AP NFL: https://apnews.com/hub/NFLLawmakers Plot to Force Health Insurers to Sell Off Pharmacies - The Wall Street Journal
Major retailers in UK and Ireland pull products associated with Conor McGregorShares of Lucid Group, Inc. ( NASDAQ:LCID – Get Free Report ) traded down 4.8% during trading on Friday . The company traded as low as $3.11 and last traded at $3.14. 34,454,155 shares were traded during trading, a decline of 19% from the average session volume of 42,427,309 shares. The stock had previously closed at $3.30. Wall Street Analysts Forecast Growth A number of analysts have weighed in on LCID shares. Cantor Fitzgerald restated a “neutral” rating and issued a $4.00 price target on shares of Lucid Group in a research note on Tuesday, October 8th. Cfra set a $2.00 target price on Lucid Group in a research note on Thursday, October 17th. Robert W. Baird reiterated a “neutral” rating and issued a $3.00 price target on shares of Lucid Group in a research note on Monday, October 7th. Needham & Company LLC restated a “hold” rating on shares of Lucid Group in a research report on Friday, November 8th. Finally, Royal Bank of Canada cut their price target on shares of Lucid Group from $3.00 to $2.00 and set a “sector perform” rating on the stock in a research note on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $3.16. View Our Latest Research Report on LCID Lucid Group Price Performance Insider Transactions at Lucid Group In other news, Director Public Investment Fund purchased 374,717,927 shares of the stock in a transaction on Wednesday, October 30th. The stock was purchased at an average price of $2.59 per share, with a total value of $970,519,430.93. Following the completion of the transaction, the director now owns 8,041,393 shares in the company, valued at approximately $20,827,207.87. The trade was a -102.19 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . Insiders own 61.26% of the company’s stock. Hedge Funds Weigh In On Lucid Group A number of large investors have recently modified their holdings of LCID. Pine Valley Investments Ltd Liability Co increased its position in Lucid Group by 34.9% during the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 13,710 shares of the company’s stock worth $36,000 after purchasing an additional 3,549 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Lucid Group by 6.0% in the second quarter. Principal Financial Group Inc. now owns 66,004 shares of the company’s stock worth $172,000 after acquiring an additional 3,715 shares in the last quarter. Greenleaf Trust raised its stake in shares of Lucid Group by 22.0% in the 3rd quarter. Greenleaf Trust now owns 25,487 shares of the company’s stock valued at $90,000 after acquiring an additional 4,604 shares during the period. Amalgamated Bank lifted its holdings in shares of Lucid Group by 12.5% during the 2nd quarter. Amalgamated Bank now owns 47,916 shares of the company’s stock valued at $125,000 after acquiring an additional 5,337 shares in the last quarter. Finally, Xponance Inc. boosted its position in Lucid Group by 20.8% during the 2nd quarter. Xponance Inc. now owns 31,938 shares of the company’s stock worth $83,000 after purchasing an additional 5,493 shares during the period. 75.17% of the stock is currently owned by hedge funds and other institutional investors. Lucid Group Company Profile ( Get Free Report ) Lucid Group, Inc a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. See Also Receive News & Ratings for Lucid Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lucid Group and related companies with MarketBeat.com's FREE daily email newsletter .1 2 Kolkata: In a remarkable achievement for biodiversity research, the Zoological Survey of India (ZSI) has identified a new species of parasitic wasp, Ceraphron initium , in Nagaland. The discovery, along with the identification of four additional parasitic wasp species in the Western Ghats, underscores the critical ecological role these tiny insects play in maintaining environmental balance and supporting sustainable agriculture . Parasitic wasps , though often overlooked, play an indispensable role in regulating pest populations and maintaining ecological balance. These discoveries not only highlight India's abundant biodiversity but also provide valuable insights into sustainable agriculture practices.The findings were published in prestigious journals, including the European Journal of Taxonomy and Zootaxa, and mark significant progress in understanding India's rich natural heritage. A team of ZSI scientists, led by Kaomud Tyagi, discovered Ceraphron initium during a SERB-funded field survey in Nagaland. The species, belonging to the enigmatic Ceraphronoidea superfamily, was confirmed through meticulous morphological analysis by researchers Amit Kumar Ghosh, Vikas Kumar, and Dr Rameshkumar Anandan. The discovery sheds light on the "dark taxon" group—a term used to describe species that have remained undocumented due to their minute size (0.8 mm to 1.5 mm) and complex morphology. Advanced technologies and cutting-edge methodologies enabled researchers to identify this species, which is characterized by distinct wing patterns, pigmentation, body structure, and unique male genitalia. Dr Dhirti Banerjee, Director of ZSI, emphasized the significance of the finding: "This discovery highlights the incredible diversity of insect species in India and their crucial roles in ecosystem stability . It also underscores the need for sustained research and conservation efforts to preserve our natural heritage." Dr Banerjee added that future studies will focus on the molecular and bioecological aspects of these insects, which are vital for sustainable agriculture. In another major discovery, a ZSI team led by Dr Rajmohana K identified four new species of parasitic wasps—Calotelea acuta, C chitraka, C foveata, and C fulva—in the Western Ghats. These Hymenopteran wasps are known to regulate insect populations, thereby contributing to ecosystem health. The discoveries increase the total number of Calotelea species in India to 25, reinforcing the ecological importance of these lesser-known insect groups. ZSI scientist Kaomud Tyagi said,"These findings are a testament to the rich biodiversity of India and emphasize the need for continued exploration and study of our natural ecosystems." The detailed findings of Ceraphron initium have been published in Zootaxa, featuring high-resolution images, comprehensive descriptions, and an analysis of the species' ecological significance. Similarly, the research on the four newly discovered wasp species was published in the European Journal of Taxonomy. ZSI plans to focus on molecular studies and extensive taxonomical research on parasitic wasps better to understand their roles in agriculture and ecosystem health. These discoveries serve as a reminder of the importance of preserving India's natural habitats. The newly identified species underscore the need for increased awareness and action to protect the country's incredible biodiversity that supports life and agriculture.