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The maritime industry is booming, but coast-to-coast employers are struggling to find qualified workers. That's why organizations in Connecticut and Washington are training young adults to enter the field.

Bihar and Odisha, far away from the glitz of metros, data from the Central Pollution Control Board show. Diwali is just one sample point. In many non-metro cities, the average daily level of the PM2.5 pollutant through the year exceeds the safe zone.

Today, the industry comprises only 4 crore unique investors who have around 15 crore folios. MF AUM as a percent of GDP stands currently at 14%. In comparison, countries like China (23%), South Africa (45%) and Brazil (72%) are significantly ahead. Developed markets like the US, France and Australia stand north of 100% on this metric. Clearly more than 4 crore people in India can invest in mutual funds. Over 50 crore people have an OTT subscription, over 25 crore ordered food online last year and over 20 crore have shopped online. I would argue that all these people can certainly start a Rs 500 monthly SIP in mutual funds. At a very conservative estimate, at least 20 crore people in India can be mutual fund investors. Affordability is not the issue. So why are more people not investing in one of the most transparent, well-regulated investment opportunities in the country? I am certain that everyone who is ordering food online is aware of mutual funds and can invest, but for some reason many do not take the next step of considering it as an investment avenue. Why?

Adobe’s planned $20 billion acquisition of online design company Figma is being called off due to pushback in Europe over antitrust concerns

Zee Entertainment Enterprises Ltd. This brings the country’s largest-ever entertainment deal to the brink of collapse after months of debate over the appointment of a chief executive officer (CEO) for the merged entity. Two persons aware of Sony’s plans confirmed this on condition of anonymity.

Australian financial services firm Macquarie is looking to enter the credit space in India by launching a non-banking financial company (NBFC) as part of an electric vehicle (EV) platform it is planning to set up in the country. The NBFC will help commercial fleet operators avail credit and address a major gap in India’s EV ambitions, two people aware of the matter said. Macquarie will soon apply for a licence with the Reserve Bank of India (RBI), the two people said.

NEW DELHI : The fourteenth round of free trade agreement (FTA) negotiations between India and the UK will start in January 2024, the ministry of commerce and industry said in an official statement on Monday. According to the government, India-UK free trade agreement talks completed 13 rounds of negotiations that took place from 18 September to 15 December. Negotiators of both the parties – India and UK – discussed complex issues, including goods, services, and investment, in person as well as virtually.

Shokol ke Janai Shonkhalogu Odhikaar Dibosh er Shubhechcha o Obhinondon (Wishing everyone on Minority Rights Day). The poster featured 6 children and the West Bengal Chief minister herself. The children in the image have donned specific religious attire.

Congress President Mallikarjun Kharge today inaugurated 'Donate for Desh' crowdfunding campaign. The campaign's primary objective is to «empower the party to create an India rich in equal resource distribution and opportunities». Kharge emphasized the unprecedented nature of this fundraising initiative for the Congress, drawing parallels to Mahatma Gandhi's approach during the freedom struggle.

India stands out as the top remittance recipient, showcasing the evolving dynamics in this financial landscape. Remittances to LMICs grew by an estimated 3.8% in 2023, totaling USD 669 billion. Resilient labor markets in advanced economies and Gulf Cooperation Council (GCC) countries played a crucial role in supporting migrants' ability to send money home. Want to know if you qualify for immigration? Click here The report suggests a potential risk of a decline in real income for migrants in 2024 due to global inflation and low growth prospects. In South Asia, remittance flows to India experienced notable growth, contributing to the region's overall positive trend.

Telecommunications Bill, 2023 in the Lok Sabha. The new bill has removed over-the-top (OTT) services and apps from the definition of telecommunication services, in a big relief to communication service providers such as WhatsApp and Telegram that will thus remain out of the proposed regulation, people aware of the development told ET. The government has also proposed administrative allocation of spectrum for satellite services, they said. Global mobile personal communication by satellite (GMPCS) has been incorporated under the first schedule, wherein spectrum will be assigned administratively. The bill empowers the government to suspend or prohibit use of telecom equipment from countries or a person as may be notified in case of national security threat.

Udaan on Monday laid off 100 to 120 employees, about 10% of its workforce, days after raising $340 million in a funding round. Most of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, people in the know said. The layoffs, the sources explained, were due to redundancies following a rejig of the business in September.

Cube Highways and IRB Infrastructure are turned to be the highest bidders for 300-km road assets under The National Highways Authority of India (NHAI) auction of the 13 & 14 bundles of Toll Operate Transfer (TOT).Tolling, Operation, Maintenance and Transfer (TOT) Model, said people aware of the development. Cube Highways offered the highest bid of Rs7701 crore for the TOT 14 bundle while IRB offered Rs1683 crore TOT 13 bundle. National Investment and Infrastructure Fund (NIIF) offered Rs7150 crore for ToT 14, while Oriental Structural Engineers (OSE) offered Rs1565 crore for the TOT 13 as second highest bidders, said sources. Mails sent to Cube and IRB did not elicit any responses.

A Canadian Jewish organization wants police to investigate Facebook posts allegedly made by the father of a teenage terror suspect arrested in Ottawa.

NEW DELHI : Debt-laden telecom operator Vodafone Idea’s plans to raise external funds of over ₹20,000 crore may get further delayed and are unlikely to culminate even in the quarter ending March 2024, said two people aware of the development. While the telecom service provider has been in talks with investors, including those from the US, the massive debt liability of over ₹2 trillion, besides limited amount of capital coming in from promoters, is being viewed as factors leading to the delay, one of the people said on the condition that he not be named. “It will take time.

PhonePe recently made an offer to cash-strapped Dunzo to invest a significant amount in its merchant network business, at a time the latter is desperately seeking cash, sources aware of the talks said. The proposal, however, didn’t move forward due to concerns among the troubled startup’s investors due to the strategic nature of PhonePe, which is majority owned by Walmart after its split from ecommerce firm Flipkart, these sources involved in the discussions said.

(This story originally appeared in on Dec 17, 2023)

Having insurance coverage is crucial for managing a health emergency, but it’s equally important to maintain financial stability when faced with a health crisis. Often there are many confusions and doubts when you purchase a term insurance plan, but these can be addressed if you carefully assess your requirements.

Snacking brand Farmley has raised $6.7 million, about Rs 56 crore, in a funding round led by BC Jindal Group, a top company official said. Existing investors DSG Consumer Partners, Omnivore and Alkemi Partners also participated in the funding round. Farmley cofounder Akash Sharma said the funds raised will be utilised in innovation, expanding distribution channel and brand building efforts.

terrorism in two days. On Wednesday, RCMP arrested a 16-year-old in Calgary over an unrelated plot.The RCMP said Saturday it had arrested five youths for terrorism just in the past six months, and that it had seen a “concerning trend” of terrorists using the internet to recruit youths.As a result, police said parents, as well as teachers and coaches, should be on the alert for the signs of radicalization.“We’re asking adults in positions of authority to be alert for behaviors of concern which may be linked to violent extremism,” the RCMP said in a statement.The Ottawa youth’s father told Global News his son had become “more religious.” “I warned him many times,” to stay away from “extremist people,” he said, and even arranged for his son to speak to an imam.But he said his son was naive and may have been used by extremists.“There are some people taking advantage of him,” the father said.

Also Read | India's women voters will surpass male voters from 2029 general election onwards: Report "The Indian National Congress is proud to announce the launch of its online crowdfunding campaign, 'Donate for Desh'. This initiative is inspired by Mahatma Gandhi's historic Tilak Swaraj Fund' in 1920-21 and aims to empower our party in creating an India rich in equal resource distribution and opportunities," Congress General Secretary KC Venugopal said.