Record News

There have been 46 IPOs in 2023, raising a cumulative Rs 41095.36 crore. This marks a 30% decline from Rs 59301.7 crore raised through 40 IPOs in 2022. The record-breaking blockbuster year of 2021, with 63 IPOs raising a whopping Rs 1,18,723.17 crore, set a high benchmark.

container ships that typically transit the key maritime artery of the Red Sea and Suez Canal are rerouting after a multitude of attacks by Iran-backed Houthi militants. Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight. Meantime, the economy in Vietnam exceeded expectations this year and is poised for better results in 2024.

“Every man hath two birth-days," proclaimed Charles Lamb, a Romantic essayist, in 1821: his personal one and New Year’s Day. “It is that from which all date their time," Lamb wrote, “and count upon what is left". The turn of the year was an occasion to “encounter pell-mell with past disappointments".

performance since 2017, with the Nifty 50 and the Sensex rising by 20 per cent and 19 per cent respectively. Additionally, the midcap and smallcap indices significantly outshone the benchmarks, with the BSE Midcap index soaring by 46 per cent and the Smallcap index surging by an impressive 48 per cent.

bone-chilling winter, the people in Delhi-NCR woke up to yet another morning of cold wave on the last day of the year with thick layer of fog all over the national capital and adjoining areas. The minimum temperature at the Safdarjung Observatory, the city's primary weather station, was recorded at 11 degrees Celsius. The dense fog enveloped the city, reducing visibility in several parts of the city.

foreign airlines including British Airways, Etihad, Thai Airways and Qatar Airways been questioned by the Directorate General of GST Intelligence (DGGI) over allegations of tax evasion which have run into hundreds of crores of rupees, TOI reported on Sunday. The DGGI has questioned these executives over allegations of these carriers’ booking expenditure related to their India operations with their overseas head offices in the last month. Citing sources, TOI reported that the DGGI has requested documentation from these airlines covering every expense incurred by the international carriers for their operations in India. This may include aircraft leasing, crew and ground staff costs, fuel for the aircraft, and any additional maintenance or repair expenses. For the first time, Indian authorities have requested that international airlines report all of their expenses relating to India and pay taxes for services provided here under the new GST regime.

India had recorded 865 new days on May 19. The number of daily cases had dropped to double-digits till December 5, but cases have again gone up after emergence of a new variant and cold weather conditions.

rose around 20 per cent in 2023, logging their second-best year since 2017. D-Street investors added a significant ₹81.90 lakh crore to their wealth in 2023 powered by a stellar rally in stocks. The bull run was supported by sustained domestic mutual fund inflows, foreign capital inflows, better-than-expected economic growth, and robust corporate earnings.

Jammu and Kashmir police Rashmi Ranjan Swain on Saturday said the number of local militants active in the union territory is all time low at 31 but the war is not just against the gun wielding militants but also against those who endorse and glorify their narrative. The J&K police chief, while addressing the end of year press conference in Jammu presented a detailed outlook of the work police has done over the past 12 months across the UT. He said that the region is currently passing through a historic and important phase witnessing a significant socio-political and economic change.

Cardi B, the outspoken and fiery rapper, has taken to social media to vehemently address swirling rumors about her personal life, specifically regarding a potential reconciliation with her estranged husband, Offset. In a recent impassioned rant on X (formerly known as Twitter), the artist expressed frustration with fans who delve into her private affairs and emphasized her reluctance to entertain gossip. Cardi B even hinted at the possibility of deleting her social media accounts altogether as she remains committed to preserving her privacy, reflecting a broader trend among celebrities grappling with the intrusive nature of social media.

BSE Sensex rose around 20 per cent in 2023, their second-best year since 2017, and were among the top-performing stock indexes globally. The bull run was supported by sustained domestic mutual fund inflows, foreign capital inflows, better-than-expected economic growth, and robust corporate earnings.

NBA side Los Angeles Lakers are set to face off against the Minnesota Timberwolves at the Target Center. The game is scheduled to tip off at 8:00 pm (ET) on Saturday, December 30, 2023. Basketball fans can watch the live streaming of the game on fuboTV for free. One can also catch the game live at NBA League Pass.

Box Office Mojo data. Warner Bros.' ‘Barbie’ is the highest grossing movies worldwide with a worldwide Box Office collection of $1,441,820,453. Margot Robbie-starrer was produced on a budget of $145 million and became the first movie from a solo female director to cross $1 billion at the Box Office.

Amit Shah on Saturday released 12 reference books related to the recently enacted criminal justice laws and said the books have lucidly brought out changes made in the laws in a concise and simple manner. Hailing the publishers for the reference books on the three laws, Shah said the books also give case law commentaries for easy understanding. The three new laws — the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act — got Parliament's approval last week and the president gave her assent on December 25.

record-setting spree to surpass all the benchmarks and scaling a new all-time high in 2023 with its best annual performance ever despite higher interest rates and rising property prices. The country’s commercial capital has achieved a new peak in terms of both, registration of properties as well as state exchequer’s revenue collection through stamp duty charges. The maximum city has recorded total registrations of over 1.27 lakh real estate properties in 2023, making it the best year for property sales across primary and secondary market, exceeding last year’s peak by 4%. Total revenue collected through stamp duty rose 22% in 2023 to over Rs 10,850 crores, showed data from the inspector general of registration, Maharashtra. “The year 2023 witnessed a remarkable upswing for Mumbai’s real estate market as the city achieved its highest property registrations, driven by rising income levels, better affordability, and a positive homeownership outlook.

Endangered Species Act 50 years ago, more than 1,700 plants, mammals, fish, insects and other species in the US have been listed as threatened or endangered with extinction. Yet federal government data reveals striking disparities in how much money is allocated to save various biological kingdoms. Of the roughly $1.2 billion a year spent on endangered and threatened species, about half goes toward recovery of just two types of fish: salmon and steelhead trout along the West Coast.

2023 is coming to an end the day after tomorrow. 2023 was the year when Bollywood came back and reclaimed its throne with a bang! Once mocked for its dry spell, Bollywood surged back to box-office glory with a vengeance. Although the first half it did seem that the biggest film industry in India was mostly riding the coattails of its biggest star (Shah Rukh Khan), as ‘Pathaan’ and ‘Jawan’ demolished BO records, later on, we got to see many unexpected hits such as ‘Zara Hatbe Zara Bachke’, ‘Sam Bahadur’, ‘12th Fail’. In December, Bollywood produced another mega-hit, the Ranbir Kapoor-starrer ‘Animal’. However, aside from comebacks, Bollywood stars also trended several times for non-filmy reasons! Here are the top five most viral moments from B’town in 2023:

Registration of properties in Mumbai municipal area is likely to rise by 33 pc annually to around 12,500 units during this month on better demand, according to Knight Frank. As many as 9,367 properties were registered in Mumbai city (area under BMC jurisdiction) during the same month last year. Real estate consultant Knight Frank India has compiled the data of registration of properties from Department of Registrations and Stamps, Maharashtra government. As per the latest data of December, 12,134 units were registered till 12 noon and the number is set to reach around 12,500 units by late evening. «Homebuyers in Mumbai continue to demonstrate confidence in the property market, buoyed by stable demand and an enhanced positive sentiment. This optimism has resulted in a significant surge in property registrations in Mumbai,» the consultant said in a statement on Saturday. Of the overall registered properties, residential units constitute 80 per cent. Mumbai city is estimated to see registrations of more than 1,27,000 units this year and will lead to revenue collection of more than Rs 10,000 crore. Mumbai city is set to record the highest registration of properties in 11 years.

By Henriette Chacar

Narendra Modi on Saturday inaugurated a slew of projects in the city of Ayodhya, including the first phase of a brand new airport, christened the Maharishi Valmiki International Airport. Part of a major move by the Centre to increase connectivity to the home of the soon-to-be inaugurated Ram Mandir, the first phase of the airport cost an estimated Rs 1,450 crore to build.

Subdued IT demand remains a sore point for Info Edge However, not all the non-tech sectors saw a surge in hiring between October and November 2023. Job recruitment in telecom, retail, FMCG, and real estate were also severely hit. Notably, The IT sector continued to remain impacted and the overall hiring in the industry was 22% lower in the October-November period vs the 2022 base.