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Subscribe to enjoy similar stories. President-elect Donald Trump threatened to take control of the Panama Canal, accusing the Panamanian government of charging excessive shipping tolls to use the strategic waterway linking the Atlantic and Pacific oceans. “We’re being ripped off at the Panama Canal like we’re being ripped off everywhere else," Trump said at a conservative conference in Phoenix on Sunday, demanding the return of the state-run canal to the U.S.

Subscribe to enjoy similar stories. Some are calling it a “Lost Decade." More than 10 years into the Xi Jinping era, it has become clear that much of China’s growth under his watch was driven by unsustainable borrowing, real estate speculation and investments in factories and infrastructure the country didn’t really need. Difficult reforms that could have unlocked more durable growth, such as steps to increase consumer spending, were neglected in favor of policies designed to bolster Communist Party control.

Michael Dell, the CEO of Dell Technologies, believes in the principle of «working smarter, not harder,» emphasising that enjoyment and balance are key to long-term success. Speaking on the podcast In Good Company, Dell explained, “I realised long ago that there’s a point of diminishing returns to the hours worked in a day. And if you’re going to do something for a long time, you better find the [right mixture of] working, playing, and relaxing.”

Russian Railways JSC — the state-owned carrier responsible for all rail transport throughout the country — last week approved a 30% cut in its investment program for next year amid soaring borrowing costs, news agency Tass reported, citing the transportation minister. An increase in war-related cargoes is also compounding existing bottlenecks, while sanctions weigh on cross-border payments. Those factors, along with longstanding logistical issues, are slowing the transport of goods like coal and aluminum.

Sumit Gupta, AVP-Research, Centrum Broking, says the government is providing a push towards manufacturing and R&D. Indian pharma has technical know-how. Now, the government wants to do technical ‘know-why’. Say Indian companies are currently doing CDMO manufacturing for MNC players. The government wants us to do R&D, build on some basically blockbuster drugs and then outsource that to some other countries. In one of your recent reports, you say that the government policies are expected to aid the long-term growth of the pharma space. The government is focusing on the R&D side, they are focusing on building and promoting bulk drug parks. How do you see the domestic companies benefit out of the same and amongst this whole sector, which particular segment is expected to benefit the most? Sumit Gupta: The government is focusing on promoting R&D and manufacturing in the pharmaceutical sector and these policies will be catering to or helping the overall sector for the medium to long term. So, the policies like bulk drug parks or the PLI for the pharma scheme or PLI for manufacturing critical APIs, drug intermediaries and KSMs or PLL for medtech. These are some of the sectors which are expected to benefit from government schemes.

National Centre of Meteorology (NCM). A surface low-pressure system extending from the Southeast will interact with an upper air low-pressure system, accompanied by a cold air mass and strong upper-air winds from the West. This combination is likely to lead to the development of clouds in various parts of the country, with the potential for convective activity at times. Partly cloudy to cloudy conditions are anticipated, with a chance of rainfall at intervals over some coastal areas, islands, and the Northern and Eastern regions.

Governor-General’s XI gears up to take on England in a 50-over match at North Sydney Oval on January 9, 2025. The match, a long-standing tradition, will feature a mix of Australian stars and rising talents, showcasing the depth of women’s cricket in the country. The squad, named by Cricket Australia's National Selection Panel in collaboration with Governor-General Her Excellency the Honourable Sam Mostyn AC, includes Sydney Sixers legend Alyssa Healy, who is making her return from a knee injury.

Subscribe to enjoy similar stories. The Indian rupee has been under pressure in recent months, with more of it being converted into US dollars than the other way round. Last week, its exchange rate slipped below ₹85 to the dollar.

Donald Trump suggested Sunday that his new administration could try to regain control of the Panama Canal that the United States «foolishly» ceded to its Central American ally, contending that shippers are charged «ridiculous» fees to pass through the vital transportation channel linking the Atlantic and Pacific Oceans. Panama's conservative president Jose Raul Mulino, who was elected in May on a pro-business platform, roundly rejected that notion as an affront to his country's sovereignty. The Republican president-elect's comment came during his first major rally since winning the White House on Nov. 5. He also basked in his return to power as a large audience of conservatives cheered along. It was a display of party unity at odds with a just-concluded budget fight on Capitol Hill, where some GOP lawmakers openly defied their leader's demands.

After the bonanza of recent central bank decisions, this week is much quieter with only the minutes of a few of those meetings due. There are no Federal Reserve speeches and U.S. data is of secondary importance.

Subscribe to enjoy similar stories. Deep Tech encompasses groundbreaking ideas rooted in science and engineering, tackling major global challenges. These innovations stem from fundamental research with specific commercial applications.

Data centre capacity addition in the colocation space is expected to reach approximately 230 MW (IT load) by the end of 2024, with a similar or higher capacity addition anticipated in 2025, according to Cushman & Wakefield data. In 2025, while the majority of capacity creation will occur in Mumbai, other cities such as Delhi-NCR, Kolkata, and Chennai are also expected to see significant growth. India has the potential to become a global data centre hub due to its low construction, land and power costs compared to other countries, coupled with a well-established IT and digitally enabled services ecosystem. According to Cushman & Wakefield, the median cost of constructing a data centre in India is estimated at $6.8 million per MW of capacity, significantly lower than most APAC nations-Australia is at $9.17 million, Japan is at $12 million.

Over the years, the untimely deaths of several prominent Indian entrepreneurs and company founders in their 40s and 50s have underscored the dangers of stress, the pressures of leadership, and the physical toll that intense work can take on the human body. While these individuals were often seen as the driving forces behind their businesses, their sudden departures have raised concerns about the importance of mental and physical health in today’s fast-paced corporate world. Here, we take a look at some of the Indian business leaders who passed away prematurely due to cardiac arrest, leaving behind a legacy that continues to inspire despite their untimely departures.

Jagjit Singh Dallewal's fast-unto-death entered its 27th day on Sunday, doctors termed his health condition «critical». Doctors attending to him at the Khanauri border protest site reiterated that Dallewal is at the risk of cardiac arrest and multi-organ failure. Dallewal, 70, has been on a fast-unto-death at the Khanauri border point between Punjab and Haryana since November 26 to press the Centre to accept the agitating farmers' demands, including a legal guarantee for MSP on crops. A statement issued by the Samyukta Kisan Morcha (Non-Political) and Kisan Mazdoor Morcha said following the advice of doctors, the veteran farmer leader did not come on stage on Sunday.

Subscribe to enjoy similar stories. The U.S. and China are in a high-stakes race, with the energy security of America and its allies hanging in the balance.

Subscribe to enjoy similar stories. Chaos isn’t a pit. Chaos is a ladder. Many who try to climb it fail and never get to try again. The fall breaks them. And some are given a chance to climb. They refuse, they cling to the realm or the gods or love. Illusions. Only the ladder is real. The climb is all there is.—Petyr ‘Littlefinger’ Baelish The previous part of this article discussed how many economic miracles have been midwifed amid the chaos of global geopolitics.

Subscribe to enjoy similar stories. Our pages have been full of suffering in 2024. War has raged on three continents: the world watched Gaza, Lebanon and Ukraine most closely, but the fighting in Sudan was the most deadly.

Authorities have now identified the suspect as Taleb al-Abdulmohsen, a 50-year-old Saudi psychiatrist who has been living in Germany for approximately 20 years. Following the attack, German officials condemned the act, with Chancellor Olaf Scholz calling it a «terrible, insane» tragedy, particularly just days before Christmas. Scholz visited the site of the attack in Magdeburg on Saturday, alongside other national and regional politicians, laying flowers outside the main church. A memorial service was planned at the city’s Johanneskirche church later that evening, where mourners gathered to pay tribute to the victims.

Prashant Jagtap on Sunday made it clear that his party is ready to contest the upcoming Brihanmumbai Municipal Corporation (BMC) elections solo if their alliance partner, Shiv Sena (UBT), decides to go alone. This comes after Sanjay Raut hinted that Shiv Sena (UBT) might contest the elections solo, as party workers are demanding it. However, Jagtap emphasized that while NCP (SCP) prefers to contest in alliance, they are capable of going solo if needed. He also stressed that their primary goal is to stop the BJP from spreading its influence in Maharashtra and the country. «If Shiv Sena (UBT) and Sanjay Raut are talking differently, we are also ready to contest (the upcoming local body elections) solo or with Congress,» Jagtap told ANI.

In an evening post on Truth Social, Trump also warned he would not let the canal fall into the «wrong hands,» and he seemed to warn of potential Chinese influence on the passage, writing the canal should not be managed by China. The post was an exceedingly rare example of a U.S. leader saying he could push a sovereign country to hand over territory. It also underlines an expected shift in U.S. diplomacy under Trump, who has not historically shied away from threatening allies and using bellicose rhetoric when dealing with counterparts.

Indian diaspora in Kuwait on Saturday, stated that India of the future would be the hub of global development as well as the growth engine of the world. While speaking at the «Hala Modi» community event at Kuwait's Sheikh Saad Al-Abdullah Indoor Sports Complex, PM Modi highlighted India's rapid transformation in various fields, including technology, infrastructure, and sustainability. «Today, India is the fifth-largest economy in the world. We lead the world in fintech and have the third-largest startup ecosystem globally. India is also the second-largest mobile manufacturing country in the world,» PM Modi said.