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09.12 / 18:15
markets Target Digital Action Food pandemic War Shaktikanta Das's term ends amid rising inflation, GDP slowdown
Subscribe to enjoy similar stories. Mumbai: Shaktikanta Das will step down as the 25th governor of Reserve Bank of India (RBI) on Tuesday, at a time when the war on inflation is ongoing and economic growth has taken a sudden slow turn. Union ministers Nirmala Sitharaman (finance) and Piyush Goyal (commerce and industry) had called for rate cuts after GDP growth slowed to 5.4% in the July-September quarter.
09.12 / 17:57
markets Digital Strategy Experts country politician Didi warns B'desh politicians over 'claims'; supports centre
Mamata Banerjee on Monday expressed hope that the Indian foreign secretary's Bangladesh visit would be successful. «We expect the Indian diplomacy talks to be successful and expect peace to return,» she said. Speaking in the assembly, Banerjee gave a stern message to Bangladeshi politicians, especially after Bangladesh Nationalist Party leaders said at a public meeting in Dhaka that their country has legitimate claims over Bengal, Bihar and Odisha. «Those who are saying this do not have strength. We are conscientious citizens who are enduring the test of patience. When you capture us, do you think we will eat lollipops?» she said. She also urged people to remain calm and not get provoked by statements made in Bangladesh and slammed the Bangladeshi leaders for making provocative statements.
09.12 / 17:57
markets Digital Strategy Experts PAM inclusion India bats for Syria's territorial integrity
India also called for an inclusive Syrian-led political process that represents aspirations of all sections of the Syrian society that includes Alwaites (Hafez Al-Assad is an Alawite), Kurds and other minorities. In a clear-eyed statement, the external affairs ministry noted, «We are monitoring the situation in Syria in the light of on-going developments. We underline the need for all parties to work towards preserving the unity, sovereignty and territorial integrity of Syria. We advocate a peaceful and inclusive Syrian-led political process respecting the interests and aspirations of all sections of Syrian society. Our Embassy in Damascus is in contact with the Indian community, for their safety and security.»
09.12 / 17:57
markets Digital Platform Strategy Research Experts You thought China was behind? Researchers develop record-breaking 504-qubit quantum computer that can challenge the best
China has achieved a huge and significant milestone in the field of quantum computing with the introduction of the Tianyan-504 which is actually a powerful 504-qubit quantum computer, reported Interesting Engineering. According to Interesting Engineering, the record breaking computer has been eventually developed through collaboration between the China Telecom Quantum Group (CTQG), the Chinese Academy of Sciences and QuantumCTek while at the same time this advancement includes the Xiaohong superconducting chip which eventually sets a domestic record for qubit count. Also Read: Is Kevin Costner the hottest bachelor in town? Women are desperate to date him and have this to say
09.12 / 17:57
markets Digital Strategy Experts Celebrity PAM social Jay-Z responds to child rape allegation, says he and Beyoncé will have a tough talk with their kids
According to the lawsuit, the girl, who had managed to enter the party, felt disoriented after consuming a drink. She alleges that Combs and Jay-Z, along with an unnamed female celebrity, assaulted her in a bedroom. The lawsuit seeks unspecified damages and is part of a broader effort by Buzbee, who stated he represents over 100 individuals with claims against Combs.
09.12 / 17:57
UPS Waves WhatsApp Justice Courts Investigations Centre okays NIA courts in Imphal districts
An order issued by the counterterrorism division of MHA said: «In exercise of the powers conferred by section 11 of the National Investigation Agency Act, 2008, the central government, in consultation with the chief justice of the High Court of Manipur, hereby, designates the court of district and sessions judge, Imphal East, and the court of district and sessions judge, Imphal West, as NIA special court-I and NIA special court-II, respectively, in Manipur for the trial of the scheduled offences investigated by the National Investigation Agency.» Due to the absence of a designated court, the Supreme Court had recently allowed the NIA request to transfer eight criminal cases from Imphal court to Assam. The court observed, «The prevailing conditions in Manipur are not conducive for ensuring a free and fair trial.»
09.12 / 17:57
Waves Ball Platform wellness Instagram Photos Videos Shilpa Shetty sets the internet ablaze with toned abs at 49. Check her latest gym photos
In her Instagram post, Shilpa shared a motivational caption, “It’s Monday, I’m Happy, I’m Blessed, and I’m going to do Amazing this week,” inspiring her followers to prioritize fitness. This post, along with her stunning workout look, has gone viral, with fans praising her dedication and discipline.
09.12 / 17:57
markets UPS Strategy Research Experts show Pharma market picks up pace, sees 10% value growth in Nov
Indian pharmaceutical market (IPM) recorded a growth of 9.9% in value and 3.1% by volume in November, according to data released by market research firm Pharmarack. After a weak performance in terms of volume growth for four months, November turned out to be a positive month for the sector, indicating a pickup in demand across key therapy areas in the acute and chronic segments, showed Pharmarack data. «Cardiac, gastro, anti-diabetes and derma have shown robust growth above the IPM growth of 9.9%,» said Sheetal Sapale, vice-president-commercial at the research firm. «Except for a few, all the top therapies have shown positive volume growth… Unit growth for a few therapies also is encouraging,» she added.
09.12 / 17:57
markets Digital Strategy Experts Justice PAM Hasina promises justice to victims of excesses under Yunus regime
Sheikh Hasina has promised justice to the victims of excesses committed under the Yunus regime and recalled she stepped down to prevent politics over dead bodies. She virtually delivered the speech at an Awami League meeting, organised in London on Sunday night. Yunus will be brought to justice soon, Hasina said, accusing the chief advisor of the interim government of masterminding the murder of activist Abu Sayed during the agitation against reservation in jobs.
09.12 / 17:49
markets Cooper Software inclusion Relationships peace Foreign secy delivers India's clear message to Yunus govt
Vikram Misri on Monday delivered a categorical message to the interim regime in Dhaka that forward movement in partnership is conditional on Dhaka's constructive approach in safeguarding minority rights and security interests besides protection of cultural, diplomatic and religious properties. «We also had the opportunity to discuss certain recent developments and issues, and I conveyed our concerns, including those related to the safety and welfare of minorities. We also discussed some regrettable incidents of attacks on cultural, religious, and diplomatic properties. A constructive approach on all these issues by the Bangladesh authorities, and we look forward to moving the relationship forward in a positive, forward-looking and constructive direction,» Misri said in his press statement following his meetings in Dhaka, including with the chief adviser. High-level sources told ET that New Delhi is peeved with Dhaka's lackadaisical approach in safeguarding India's interests and the foreign secretary delivered message in unambiguous terms.
09.12 / 17:49
markets UPS Digital Software economy Experts Department Enter, Peacetime General: New RBI guv comes in with enough room to build an institution and leave a legacy
RBI since Chakravarthy Rangarajan had to firefight from day one. Sanjay Malhotra may be an exception. As Malhotra walks into Mint Street as the 26th guv, he doesn't face challenges like his predecessors did — a currency crisis, or a ruptured relationship with GoI. Instead, what lies before him are a stable economy that requires some fuel, a fit banking system that's looking to fly, and a financial market that's impatient to grow. After deft handling of the Covid crisis, surge in money supply led to spiralling of prices, forcing it to raise interest rates. But the dual mandate of growth and inflation needs MPC to consider lowering policy rates, as there are signs of inflation cooling and also because of the negative impact of high real interest rates. Malhotra has the ground laid out by the departing Shaktikanta Das, who has signalled that the next move could be a cut in rates. That the two external members of MPC have already voted for a reduction could make his job easier. While monetary policy and interest rates may keep RBI in limelight, its full-service nature — by which it regulates banking, NBFCs and currency markets — has even broader implications for the economy.
09.12 / 17:49
Provident Enterprise show Investigations Northeast couture, at the cutting-edge
First was the presence of legendary designer — famous for his stiletto footwear with its signature red-lacquered soles — Christian Louboutin at the annual Hornbill Festival in Nagaland. Louboutin, on his second visit to the state, had already earlier shared his discovery of 'exceptional savoir-faire and great artisans in Nagaland'. As a guest this time, he investigated Naga fabrics and patterns, and Nagaland's potential for providing high-end couture creations for a global clientele. On a similar note of highlighting an underrated aspect of northeastern enterprise, at last week's Ashtalakshmi Mahotsav in New Delhi, which showcases the region's textile, artisanal and geographical indication products, Union communications minister Jyotiraditya Scindia and MoS for education Sukanta Majumdar — also Scindia's colleague in the northeastern region development ministry — walked the ramp in off-white regional 'designer' jackets with scarf and cravat.
09.12 / 17:49
UPS Art security information Third Eye: Raising issues in upper house, all set to pad up, and ‘missing’ art of political survival
Raising issues in upper house Senior DMK MP Tiruchi Siva on Monday raised in the Raja Sabha an issue related to his party MP Mohamed Abdulla. Siva said that when Abdulla went to the Central Hall, he was asked by the security whether he was an MP or not. Siva also informed that his personal secretary was warned that his ID card would be cancelled. Siva said that he forgot some paper and his PS only came to hand it over to him. He urged the Chairman to look into the issue. The Chairman assured that he would take note of the issues. All set to pad up As part of the initiatives to make India TB and drugs free, BJP MP Anurag Thakur is planning to organise a cricket match between members of Parliament on December 15. The teams are likely to be divided on the basis of the Rajya Sabha and Lok Sabha MPs. Thakur may also invite Lok Sabha’s LoP Rahul Gandhi for the upcoming fixture.
09.12 / 17:49
markets security Software Bill social reports rights Will Social Security Fairness Act be implemented? Here's where the problem lies
Social Security Fairness Act may finally going to be implemented, but things are still stuck at the Senate, and needs passing, that will help restore social security rights of public sector workers. The social security acts had taken a major backseat during the US Presidential election 2024, but now the last leg of the US administration under Joe Biden may now take the Social Security Fairness Act seriously, and public sector employees may finally heave a sigh of relief.
09.12 / 17:49
markets UPS Manufacturing Software wellness country social Spike in Billions, at a blue blistering pace
UBS Billionaire Ambitions Report 2024' released last week, wealth of India's billionaires surged 42% to over $905 bn during the last FY, making it the third-largest 'bill-base' behind the US and China. Rising population of Indian billionaires, too, is drawing international attention with their numbers poised to jump over the next decade. Rapidly growing economies tend to be generous with entrepreneurs who push the growth envelope. India's growth spurt will have a deep impact on manufacturing, which is expected to serve as the nursery for entrepreneur billionaires. But the similarities being drawn with China's experience may not be quite apt. India's growth is likely to be dependent significantly more on services. There is a pretty well-established method to acquiring scale in manufacturing that relies heavily on capital. Services offer greater creativity to entrepreneurs wanting to scale up. A decade later, India's billionaires could very well surprise on the upside. India is also gaining access to capital and tech. Improvements in labour force endowments through stepped up social security will contribute to the process. The country is also placed favourably in the evolving landscape of globalisation driven by services as protectionist walls are erected in manufacturing.
09.12 / 17:49
markets COST Strategy Software economy Trade India's economic slowdown: How to keep it at 7-8%
Proximate causes for the slowdown are on the demand side. For several quarters now, growth in private consumption, the biggest component of GDP, has been sluggish. Private investment, the most important driver of GDP, hasn't taken off. Exports have done reasonably well, but are unlikely to be a major engine given the global context of slowdown and trade aversion in the advanced economies. Essentially, the economy was being driven by public investment, which has been pared back a little in the interest of fiscal consolidation. Was that a mistake? No. The public investment-led strategy has been in place for a few years now. It became the prime driver of growth when the banking and corporate sectors were under stress after a period of excess in the late 2000s-early 2010s. Banks needed time to reduce NPAs. Corporate balance sheets had to be deleveraged. That process is complete. The 'shock' effects of Covid and outbreak of the Russia-Ukraine war have also abated.
09.12 / 17:49
markets Hollywood UPS Software reports Relationships Is Kevin Costner the hottest bachelor in town? Women are desperate to date him and have this to say
ex-dates are revealing what it's like to date him. Kevin Costner has emerged as one of Hollywood's most eligible bachelors in recent months. Numerous sources assert that he has had numerous flirtations and that many famous women have been lusting after him. He has reportedly been dating a lot, and some of his past partners are revealing the truth, even though his alleged romance with Jewel was only a close friendship. Costner is clearly putting himself out there, as evidenced by the fact that even his ex-dates are sharing details about their dates with him, as quoted in a report by SheKnows. Also Read :From $1.5 billion to $1.8 million: That's how much Harris' campaign had in the bank on November 25
09.12 / 17:49
markets Strategy Software HANS Experts PAM reports The Brummstein Peter Adolphsen
official opening of the Holloch Caves on July 1, 1906. Next to a picture of the Dolomite Hall it was reported that although only one kilometre of the caves had been made accessible to the public, the cave explorer Hans Widmer, who was the driving force behind the project, knew of even deeper caves. 'No one knows how deep Holloch goes,' he declared. 'We joke that it reaches all the way to hell, but of course we know it doesn't really.' 'You're wrong on two counts,' Josef whispered to himself. 'The caves go all the way down, but there's no hell at the bottom.' A poem composed by the local rhymester, Richard Hardmeier, in honour of the occasion was printed below the picture: Now open, gate to hell
09.12 / 17:49
markets Software ByteDance TikTok Justice Department Courts Trump administration TikTok hires ex-Trump administration lawyer ahead of Supreme Court appeal
TikTok and its Chinese owner ByteDance have turned to a veteran US Supreme Court lawyer as they prepare to ask the justices to block a law that could ban the popular short video platform in the United States. Noel Francisco, who served as US solicitor general during Republican President-elect Donald Trump's first administration, will represent TikTok along with his partner Hashim Mooppan at law firm Jones Day, court papers show. As the Justice Department's top Supreme Court advocate from 2017 to 2020, Francisco defended Trump's ban on people from six predominantly Muslim countries entering the United States. He has argued more than 20 cases before the high court.
09.12 / 16:47
UPS Airlines pandemic information 2020 travelers prevention It's his job to keep American's planes running on time
It's the job of American Airlines' chief operating officer to make sure the carrier's flights take off on time and fly safely during one of the busiest travel periods of the year
09.12 / 16:47
markets Manufacturing NVIDIA Microchip Trade reports Investigations Nvidia slides after China says probing AI company for violating anti-monopoly laws
Shares of Nvidia slid early Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws

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