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Australia has replaced its Temporary Skills Shortage Visa with the Skills in Demand (SID) Visa starting December 7, the Department of Home Affairs announced. The new visa program features three streams: Specialist Skills Pathway, Core Skills Pathway, and Essential Skills Pathway. The Core Skills Pathway, designed for workers earning between AUD 70,000 and AUD 135,000, will utilize a new list of 456 in-demand occupations. This list includes jobs in sectors like health, education, construction, agriculture, and technology. Examples of listed occupations range from cooks and dog trainers to medical professionals and software engineers. Core Skills Occupation List

Subscribe to enjoy similar stories. The Indian Railways plans to run dedicated Vande Bharat parcel trains on specific routes to capture a chunk of goods shipped by online marketplaces like Amazon and Flipkart that use road and air cargo for faster shipments, two people aware of the development said. The railways have begun designing freight trains on the lines of its Vande Bharat passenger express.

Subscribe to enjoy similar stories. Till the 1980s, the Bombay Stock Exchange (now BSE) resembled the Wild West, with a cabal of brokers who brooked no resistance from regulators, running the place as they pleased. So when a former bureaucrat with no experience in capital markets was appointed to head the toothless Securities and Exchange Board of India (Sebi), still lacking statutory powers, there seemed little reason to fear anything would spoil their party.

Subscribe to enjoy similar stories. MobiKwik’s public offer will open for subscription on Wednesday with a price band of ₹265-279 per equity share, valuing the company at about ₹2,165 crore, a sharp discount to the valuation the company sought in its last attempt at the public listing back in 2021of ₹7,600 crore. The company, headed by husband-and-wife duo Bipin Preet Singh and Upasana Taku, has reduced its fundraising target to ₹572 crore, following the Securities and Exchange Board of India’s (Sebi’s) approval in September to raise ₹700 crore.

Subscribe to enjoy similar stories. India's highway toll collection growth is slowing and may fall short of the projected ₹70,000 crore in the current financial year, according to two persons aware of the development, mirroring the slowdown in the economy. While new highway alignments and a rise in the number of toll stations may take this income to around ₹60,000 crore in FY25, but the actual growth will ease to a single digit against more than 40% and 16% seen in FY23 and FY24, respectively, the first among the two persons quoted said on the condition of anonymity.

Subscribe to enjoy similar stories. New Delhi: Do you collect luxury leather, suede or satin shoes or are you a big sneakerhead? You may have to wait for several months for a new pair. Shelves at luxury shoe boutiques across India may turn sparse in the coming weeks as India’s mandatory licensing regulations that kicked in August are increasing costs and delaying stock arrivals.

The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel

Info-x Software Technology Pvt Ltd, through its director Rishi Parti, has bought a 16,000 sq ft penthouse at DLF's ultra-luxury The Camellias in Gurugram for ₹190 crore in one of the costliest apartment transactions in the country. The deal was registered on December 2, and the company paid ₹13 crore stamp duty for the transaction, showed documents accessed through CRE Matrix, a real estate data analytics firm. In October 2023, ET reported about the first ₹100-crore transaction in the same residential complex located at the Millennium City's Golf Course Road.

«India is one of the fastest-growing markets from the standpoint of consumers blending their consumption habits across shopping, entertainment, education, and experiences. I think all these dimensions evolve at a faster pace in India, which is exciting for marketers,» he added. Owned by advertising giant WPP, VML is the world's largest creative advertising company formed through the merger of Wunderman Thompson and VMLY&R in October 2023. It operates 150 offices in 64 markets, employing over 26,000 people globally.

chef Vikas Khanna during a visit to his renowned New York City restaurant, Bungalow. Akanksha and her husband, Kunal Singh, had gone to the upscale eatery to enjoy an authentic Indian dining experience but ended up with a memory that would last a lifetime. As they dined, Chef Khanna himself made an appearance at their table, leaving Akanksha visibly starstruck. Kunal quickly captured the unforgettable interaction on video as Akanksha expressed her admiration for the chef. Known for his role as a judge on MasterChef India, Khanna warmly engaged with the couple, adding a personal touch to their evening. After the encounter, Akanksha shared her excitement on social media, describing the experience as “an unforgettable evening at the Bungalow”. She praised the food by calling it a “masterpiece of flavours” and what made her evening more special was meeting the “humble and soft-spoke” chef.

Zerodha's chief executive, Nithin Kamath, said on Friday that those investing in senior care ventures need to view it as a journey of 15-20 years rather than the traditional startup cycles of 7-10 years. Entrepreneurs need to focus on steady growth rather than rapid scaling, he said. “This isn't about catching a trend. The key is not to build short-term. You're trying to build something before the market fully develops,” he said, speaking at the Association of Senior Living India’s Ageing Fest in Bengaluru. He emphasised the need to mainstream the idea of ‘senior care’ and bring more awareness to remove the social stigma that exists in society. “There needs to be more effort to build beyond the top 25%,” he added.

«The prime area of concern is the health of our forces which needs to be reviewed from time to time. Cardiovascular diseases and diabetes are seen as major contributors,» he said, adding that the government is committed to addressing these issues through increased funding and healthcare support for the forces. The event, which marked a milestone for the cardiology community, brought together experts and professionals committed to advancing cardiovascular health in India.

Orry's airport looks, Passi's art soirees and the drama of other Bigg Boss contestants. This isn't merely a shift, it's an evolution, a satire on steroids. Who needs spiritual enlightenment when you have Orhan Awatramani, a.k.a. high priest of selfies and paid appearances? His Instagram captions — equal part-enigmatic and grammatically adventurous — are the modern-day Bhagavad Gita for Gen Z. He teaches us that the true meaning of life lies in jet-setting to obscure fashion weeks and hopping from one lavish party to another with the dedication of a child chasing his lollipop.

A review of the growth-inflation dynamic by the MPC places a bigger downside risk on the former, which calls for a tactical response where a strategic one is not immediately available. Hence, the lowering of cash reserve ratio (CRR) to pull interbank rates down closer to the policy rate, and higher interest rate ceilings for foreign currency deposits to ease pressure of the dollar's rise and capital outflows on the rupee.

insurance product recently introduced in global markets — natural catastrophe bonds, or 'cat bonds' — is being discussed. This unique hybrid insurance-cum-securitised financial product transfers hazard risk from the victim nation to global financial markets. Cat bonds can lower the risk curve for low-frequency, high-impact hazards. Given India's credit standing and scale of its hazard risk profile, it could be cost-effective to sponsor such an instrument, through an intermediary like World Bank or ADB. The intermediary holds the principal amount until maturity as surety for the payout to the sponsoring country and assures its return to bond investors on the maturity of the cat bond. Since catastrophe risk is difficult to forecast, disaster scientists assume that such a high-risk investment would be unprofitable for investors. On the contrary, risk-seeking investors find the disaster risk curve most attractive for diversification, since climate events are not correlated with financial market movements.

Subscribe to enjoy similar stories. The Reserve Bank of India’s (RBI) monetary policy on 6 December voted 4:2 to keep the policy repo rate unchanged at 6.50%. Two of the external members, Dr.

Tecno Phantom V Fold 2 5G, priced from ₹79,999, features a book-style foldable design, offering a 7.85-inch primary AMOLED display with a 2K+ resolution (2,000 x 2,296 pixels) and a 6.42-inch full-HD+ AMOLED cover display (1,080 x 2,550 pixels).This device is powered by a MediaTek Dimensity 9000+ chipset in the global variant, paired with 12GB of RAM and 512GB of internal storage. It runs on Android 14-based HiOS 14.In terms of camera capabilities, the Phantom V Fold 2 5G comes equipped with a triple rear camera setup, which includes a 50MP primary sensor with Optical Image Stabilisation (OIS), a 50MP portrait lens offering 2x optical zoom, and a 50MP ultra-wide sensor.

defence technologies. Additionally, the Defence Research and Development Organisation (DRDO) has established 15 Industry Academia Centres of Excellence (DIA-CoEs) across the country, Minister of State for Defence Sanjay Seth informed in a written reply to Ananta Nayak in the Lok Sabha on Friday. The Technology Development Fund Scheme is a flagship programme of the Ministry of Defence (MoD) executed by DRDO under the 'Make in India' initiative. The Union Government has approved the scheme to encourage industries, especially MSMEs and startups, to develop various defence technologies. The scheme aligns with the vision of 'Aatmanirbhar Bharat' by integrating new industries into the design and manufacturing of defence technology. Funding of up to Rs 50 crore per project is provided to the industry as a grant-in-aid, the minister stated. DRDO has set up DIA-CoEs at institutions such as IISc Bangalore, various IITs, and Central/State Universities to promote focused research in developing new technologies for defence and security. These Centres of Excellence are equipped with state-of-the-art laboratories, research facilities, and infrastructure to attract researchers and scholars. Through these centres, DRDO aims to establish effective collaborations with startups and industries to further product development.

net worth of its billionaires nearly tripling to $905.6 billion in 10 years as of 2024. India now ranks third globally in total billionaire wealth, behind the United States and China, a UBS report highlighted. Rising sharply from $637.1 billion in 2023, this remarkable 42% growth rate in Indian billionaires’ wealth outpaces the global average and reflects India’s rapid economic transformation, propelled by family-led businesses and structural reforms propelled by the country’s government.

Narendra Modi on Friday said that the role of the northeastern states in shaping India’s future will be significant. Addressing the Ashtalakshmi Mahotsav in Delhi on Friday, the Prime Minister said that the next few decades would see cities like Guwahati, Agartala, Imphal, and Itanagar rise as symbols of development and strength. «I firmly believe that the future belongs to Eastern India, especially the Northeast,» Modi said, adding that the 21st century was being increasingly regarded as «the century of the East.»