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Subscribe to enjoy similar stories. The regional language film industry has been struggling to stay afloat, producing only a handful of hits such as Bohurupi (Bengali) and Baipan Bhari Deva (Marathi) even during the prolonged absence of Bollywood blockbusters. Experts said audiences in these markets, like Hindi movie viewers, have also become selective and few films have been able to meet their expectations.

Chief economic advisor (CEA) V Anantha Nageswaran on Thursday nudged the private corporate sector to hire more and find the “right balance between capital-intensive and labour-intensive growth”, underling that while profits of private listed companies, as a percentage of GDP, hit a 15-year high in March 2024, their wage cost increase dwindled. Without a judicious balance between the share of corporations’ income making up their profits and that going to workers as wages, there won’t be adequate demand in the economy for companies’ own products to be bought, the CEA said. Sustained income growth bolsters both consumption and savings, which eventually spur economic expansion. “In other words, not paying workers well or not hiring workers enough will end up being actually self-destructive or harmful for the corporate sector itself and for small enterprises,” Nageswaran said, stressing that even legendary economist Adam Smith had written The Theory of Moral Sentiments before his seminal work--The Wealth of Nations.

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From Austria’s Vienna to Sweden’s Gothenburg, a CNN travel report lists European towns and cities that revel in Christmas like no other place.

Avenue Supermarts Ltd. rose 0.19 per cent to Rs 3841.60 in Thursday's trade. It hit an intraday high of Rs 3872.00 and low of Rs 3825.00, respectively, during the day. The stock quoted a 52-week high price of Rs 5484.00 and low of Rs 3567.35.

Shree Cements Ltd. 2.05 per cent to Rs 26857.05 at 12:22PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 367 shares with a turnover of Rs 1.00 crore till 12:22PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 56.04, while the price-to-book value ratio stood at 4.48.

Havells India Ltd. 0.16 per cent to Rs 1730.65 at 12:27PM (IST) in Thursday's trade. The counter has hit a high of Rs 1748.75 and low of Rs 1715.00 so far during the session. The stock had closed at Rs 1733.50 in the previous session. The counter has had a total traded volume of 14280 shares so far with a value of Rs 2.47 crore on the NSE. It traded at a price-to-earnings multiple of 76.74 and a price-to-book ratio of 12.75.

ACC Ltd. 1.38 per cent to Rs 2270.45 at 12:12PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 3,813 shares with a turnover of Rs 0.86 crore till 12:12PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 20.83, while the price-to-book value ratio stood at 2.87.

Devendra Fadnavis is set to take oath as the Chief Minister of Maharashtra once again, putting rest to at least one speculation in the 'maha' political landscape. The swearing-in ceremony, as said by BJP's Prasad Lad, will be a grand affair with nearly 42,000 attendees. While there's no confirmation on Eknath Shinde's role, sources have told that he will take oath as Fadnavis' deputy. Meanwhile, Ajit Pawar is definitely going to be on the dais today, as he made it as clear as day in the press conference yesterday.

Rohit Sharma might take a step back to lead from the front as India look for the perfect combination to drive home the advantage against a wounded but famously resilient Australia in the day-night Test starting here on Friday. The biggest predicament is the batting order, which will need to be shaken up a bit to accommodate Rohit, returning to the side from a brief paternity break, and a fit-again Shubman Gill. But the resourceful side would be happy to have that headache than being under-strength, which was the case when they last toured and beat all expectations to come out trumps. Playing Australia in Australia tends to bring the best out of the visiting Indian team which defied all expectations to boss the series-opener in Perth, handing Australia their first loss at the Optus stadium.

Delhi Metro Rail Corporation (DMRC) on Thursday announced that the Blue Line services would be disrupted throughout he day due to cable theft between Moti Nagar and Kirti Nagar stations. DMRC said that passengers could expect delays on one of the busiest lines because of the incident. In a statement, the corporation said that the issue would only be resolved after operational hours, leading to restricted train speeds during the day.

Delhi Assembly Speaker and Shahdra MLA Ram Niwas Goel on Thursday announced his retirement from electoral politics in a letter written to Aam Aadmi Party National Convenor Arvind Kejriwal. Goel (76) cited his age as the reason for withdrawing from the electoral fray, however, he assured Kejriwal to continue serving the party. The two-time MLA's retirement, ahead of the Delhi Assembly election, comes as a major blow for AAP.

The single currency was fetching $1.0514, trading in tight ranges in early Asian hours but was close to the two-year low of $1.03315 it touched at the end of November as traders brace for a long-winded reckoning for France.

technology shares rallied after upbeat results from Salesforce and as comments by Federal Reserve Chair Jerome Powell gave a late boost to the market. The economy is stronger than it appeared in September when the central bank began cutting interest rates, allowing policymakers to potentially be a little more cautious in reducing rates further, Powell said at a New York Times event.

Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in September when it began reducing interest rates, and appeared to signal his support for a slower pace of interest-rate cuts ahead. «The U.S. economy is in very good shape and there's no reason for that not to continue ...the downside risks appear to be less in the labor market, growth is definitely stronger than we thought, and inflation has come in a little higher,» Powell said at a New York Times event. «So the good news is that we can afford to be a little more cautious as we try to find neutral.» His remarks during a wide-ranging half-hour interview that touched only lightly on monetary policy and the economy are likely his last before the Dec. 17-18 policy meeting, as the quiet period when Fed officials refrain from speaking about monetary policy ahead of a meeting starts on Saturday. In-depth comments by some of Powell's key colleagues this week have pointed in the direction of a third straight interest-rate cut, with Governor Christopher Waller saying on Monday he was «leaning toward» a reduction even as others decline to pre-commit to that outcome.

Marine Le Pen displayed the influence she wields on France by toppling the government but she is also facing a trial that risks banishing her from politics for good. Le Pen, who took over the far-right mantle from her father Jean-Marie, has over the last decade sought to turn her National Rally (RN) party into an electable force, even if critics still accuse it of being inherently racist. The work of «dediabolisation» («de-demonisation») bore fruit in the snap legislative polls this summer, with the RN emerging as the largest single party in the National Assembly, although without the outright majority it had targeted.

Subscribe to enjoy similar stories. Indian bank stocks are waiting for their moment in the sun. After a muted performance in 2024, these stocks are positioning for a potential rebound as monetary and fiscal policy easing is expected in the second half of the fiscal year (H2FY25).

global stocks hit a record with Jerome Powell’s bullish comments that supported risk assets. Currency traders remained on alert as the French government fell after a no-confidence vote. Shares in Japan and Australia rose, while equity futures in Hong Kong were slightly lower. US equity futures were little changed after Wednesday advances for the S&P 500 and tech-heavy Nasdaq 100 nudged a gauge of global stocks to a new high.

Mutual funds, which continue to benefit from India's increasing financialisation of savings, appear to have stepped in to fill the financing void created by circumspect banks that have slowed fund flows to non-bank lenders following regulatory scrutiny on such exposure. Their support to non-banking financial companies (NBFCs) climbed 47% in October, albeit on a much smaller base. That compares with a growth of 6% in bank lending to NBFCs, although on a much larger base, but nevertheless reflecting the impact of regulatory caution on bank exposure to this segment. To be sure, banks remain the biggest financing source for NBFCs, but the share of alternative market-driven instruments in the total funding pie will increase. «While banks will remain the dominant funding source for NBFCs, the bond market will gain market share over the near to medium term,» said Malvika Bhotika, director at Crisil Ratings. «We believe the bond market will become more attractive over the next few quarters given the expectation of a repo rate cut.»

2025 is going to be a great year for Meghan Markle in the overall aspect, looking at the fact that she is focusing on all the things she had missed, based on her Royal duties after her marriage. She had left her acting career, where she had made a prominent name, with 'Suits' being one of the most popular shows of her. However, even though her business venture has been set up for a long time, there is still no saying as to when it will be officially launched. There is also o release date or information about the products that customers can expect to be up for sale on Markle's company's end. Meanwhile, Markle has taken a bold step in her entrepreneurial journey by appointing herself as the CEO of her new lifestyle brand, American Riviera Orchard. The Duchess of Sussex, 43, made this decision after months of struggling to find the right candidate for the role. According to Page Six, Markle had been interviewing potential executives for the position, but in August it was revealed that the search had not yielded a suitable match. Apart from leadership struggles, Markle has faced legal hurdles in securing a trademark for her brand. Recently, she requested a three-month extension from the U.S. Patent and Trademark Office to avoid having to restart the trademark process.

Swiss billionaire is commissioning the construction of the world's longest gigayacht which is named as Ulyssia and which will surpass the Titanic in size at an impressive 1,050 feet, reported The US Sun. According to The US Sun, this luxury vessel is designed to accommodate 133 apartments which will be including 10 penthouses and 22 guest suites with living spaces ranging from 1,184 to over 10,258 square feet. At the same time, each apartment will be featuring some high-end amenities akin to a five-star hotel while including open-plan kitchens and large windows for stunning views. Also Read: China's new invention in space arena: Here's what the country plans to do to colonize the moon