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In September, Hunter Biden pleaded guilty to federal tax charges in federal court in Los Angeles and was due to be sentenced December 16 under Mark C. Scarsi, a judge nominated by Republican President-elect Donald Trump. This renewed interest in pardoning authority highlights how it differs between the US and India.

Goa minister Mauvin Godinho on Tuesday said that Pope Francis, head of the Roman Catholic Church, was likely to visit India «sooner than expected». Recalling that Prime Minister Narendra Modi had invited Pope Francis, Godinho said Goa would certainly be on his itinerary when he visits India. The state transport minister was talking to reporters after attending a religious mass in Old Goa during the ongoing decennial exposition of the sacred relics of St Francis Xavier, the patron saint of the coastal state. The feast of St Xavier was being celebrated in Goa on Tuesday.

Ola Electric Mobility rallied 16% in just two sessions after the pure-play EV company on Monday announced its plans for a four-fold expansion of its company-owned store network to 4,000 by December 20, 2024. With the current 800-store network, the company has set an ambitious target of opening 3,200 stores in less than three weeks. This translates into 178 stores per day.

corporate earnings data and the market beginning to show early signs of revival, Quant Mutual finds itself close to fully deployed and believes that its risk-off phase is at the fag-end stage. “Although high-level macroeconomic and corporate earnings data merit tracking, most, if not all of these below-estimates data are factored in and timing is ripe for being optimistic about selective segments of the market. Hence, we are now close to fully deployed and believe that risk-off phase is in its fag-end stage,” the fund house said in its monthly release. Also Read | Taking stock: 70% equity mutual funds outperform their benchmarks in 2024

Bvlgari, the Italian maker of luxury jewellery, watches, fragrances, accessories, and leather goods, is looking at India to make up for falling demand in China. Bulgari is expanding its footprint in India to take advantage of strong growth and favorable demographics, Bulgari chief executive officer Jean Christophe Babin said in an interview with Bloomberg TV. In October, Bulgari announced the launch of its first digital boutique in India in partnership with Tata CLiQ Luxury.

Zomato, Flipkart, Ola, Meesho, Gameskraft, HiLabs, Roombr, Myntra, PhonePe, Quicksell, Indus Insights, Groww, WinZo, Cars24, Battery Smart and NoBroker are among these companies visiting campuses such as the National Institutes of Technology, Birla Institute of Technology & Science Pilani, Indian Institutes of Information Technology (IIITs) and Indian Institutes of Technology. The domains they are recruiting for include software development, data science, product analytics, artificial intelligence and machine learning. Campuses said not only has there been a spurt in the number of such companies visiting — in a few cases, more than double compared with last year — but several of them are also hiring in larger numbers.

Sri Lankan port’s expansion led by the Adani Group is progressing as scheduled, a top local official said, even as the fate of $553 million in American funding for the project remains uncertain following the indictment of the Indian conglomerate’s executives in the US. Construction at the Colombo West International Terminal remains ongoing, with phase one of the project still set for completion in early 2025, said Sirimevan Ranasinghe, chairman of the Sri Lanka Ports Authority, a minority shareholder in the project. “We are continuing as per our agreement,” Ranasinghe told Bloomberg News. He said the US financing had not been finalized and declined to comment further on its status, adding that it was up to the joint-venture company developing the project to secure financing.

Subscribe to enjoy similar stories. India has achieved remarkable economic success, ranking as the world’s fifth-largest economy. Economic experts predict India will rise to third place within five years.

Subscribe to enjoy similar stories. Quant Mutual Fund confirmed it has appointed a new chief executive in an effort to decouple the CEO and CIO (chief investment officer) functions currently held by founder Sandeep Tandon. The new chief executive, who is set to join in April 2025, is a mutual fund industry outsider – from a global financial conglomerate – according to a source.

Best 5 litre geysers: Top 8 efficient picks from Bajaj, Crompton and other leading brands to keep you warm this winterHavells is synonymous with innovation and premium build quality. Known for combining aesthetics with performance, Havells offers a diverse range of water heaters designed to cater to modern households.Key highlights of Havells geysers:Popular models:Price range:Havells geysers generally fall into the mid to premium price category, making them ideal for those seeking long-term value.Also read: Best 15 litre geyser: Top 10 picks from Havells, V-Guard, AO Smith, Bajaj, Hindware for versatile and quick heatingCrompton is a household name in India, known for providing reliable and durable appliances.

Subscribe to enjoy similar stories. NEW DELHI : Vodafone Idea Ltd’s revenue market share declined to an all-time low of 14.5% for the quarter ended 30 September 2024, as it lost share in all circles despite having reported revenue growth for consistent quarters. Market leaders Reliance Jio Infocomm Ltd and Bharti Airtel Ltd gained at the expense of the country's No.

iQOO 13 is available in 12/16GB of LPDDR5X RAM and 256/512GB of UFS 4.1 storage. The phone is available in two colour variants: Legend (White) and Nardo Grey. It is priced at ₹54,999 for the 12GB/256GB storage variant while the 16GB/512GB variant is priced at ₹59,999.

Asian shares are mostly higher after technology stocks pulled Wall Street to another record finish

Subscribe to enjoy similar stories. It’s time for riddles at IIT campus placements! Here goes: There are X number of people standing in a circle. The first one kills three, the second one kills four and so on.

Future of Sports in India,' also suggested that the government could provide incentives to the private sector to fund large-scale, holistic sports programmes to support talent development as part of their Corporate Social Responsibility (CSR) activities. CSR contributions could be leveraged to establish and run high-performance training centres with facilities, including international coaches, nutritionists, and mental and physical trainers. It said that the government may formulate policies to establish and support comprehensive skill development programmes for sports coaching, sports management, and sports-related ancillary industries to boost employment generation through sports, especially in tier-2 and rural areas.

Trump has threatened retaliation against governments that challenge the US dollar, vowing «100 percent tariffs» on countries that undercut the US currency. The Republican vowed the action on states that «create a new BRICS Currency» or otherwise «replace the mighty US dollar,» according to a post on Truth Social on Monday. BRICS refers to a grouping that includes Brazil, Russia, India, China and South Africa, and has expanded in recent years to include Iran, Egypt, Ethiopia and the United Arab Emirates.

“I was pretty dismayed by the IT being deployed in this industry. It was minimal a decade back,” said Vinnie Mehta, General Secretary of the Automotive Components Manufacturing Association of India (ACMA). “Then came the pandemic, and the entire industry transformed itself, and that was something wonderful to have happened,” Mehta added. Mehta said that everyone jumped onto the IT bandwagon in the industry almost overnight, to the point that ERP systems have now become integral to managing the entire value chain. “It is only fitting, given the fact that the whole automotive value chain contributes to around 7% of India’s GDP, and the auto component industry is half of that. Today, it is hard to envisage a manufacturing value chain without the ERP systems,” he said.

Varun Beverages, one of the largest bottling partners of food and beverage giant PepsiCo, dropped as much as 5.2% on Tuesday to Rs 600 on the BSE after the Group of Ministers (GoM) on GST rate rationalization decided to hike taxes on sin goods like aerated beverages, cigarettes, tobacco, and related products to 35% from the current 28%. The GoM has proposed that the 35% special GST rate on aerated drinks, along with tobacco and tobacco products, will be added on top of the existing four-tier tax structure, with slabs at 5%, 12%, 18%, and 28%.

EID Parry(India)Ltd.(up 3.78%), KCP Sugar & Industries Corporation Ltd.(up 3.17%), Dwarikesh Sugar Industries Ltd.(up 2.26%), Ugar Sugar Works Ltd.(up 2.06%), Bajaj Hindusthan Sugar Ltd.(up 1.85%), Triveni Engineering & Industries Ltd.(up 1.61%), Ponni Sugars(Erode)Ltd.(up 1.53%), Rajshree Sugars & Chemicals Ltd.(up 1.50%), Mawana Sugars Ltd.(up 1.45%) and Uttam Sugar Mills Ltd.(up 1.41%) were among the top gainers.

Cupid Breweries & Distilleries Ltd.(up 57.48%), Banaras Beads(up 16.91%) and Remi Edelstahl(up 15.87%) were among the stocks that surged over 15%.

Canara Bank(up 3.06 per cent), Bank of Baroda(up 2.93 per cent), Punjab National Bank(up 2.18 per cent), IndusInd Bank Ltd.(up 1.97 per cent) and State Bank of India(up 1.83 per cent) were among the top gainers.