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17.03 / 06:03
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Eggs, burgers, and $5,000: How small towns in the US are attracting big-city workers
Indiana, Kentucky, and Mississippi are attracting workers away from big cities and into rural and suburban areas, according to a report by Fortune. The report states that these towns are offering a range of perks, from something as simple as free eggs to relocation grants of up to $5,000. According to Fortune, Noblesville is providing a $5,000 relocation grant, annual memberships to the town’s coworking space and chamber of commerce, and even a $500 health and wellness stipend. «New Haven, IN, is offering burgers and bourbon with the mayor. In Wabash County, IN, you can join your neighbors on a rafting trip. In Mayfield, KY, they are offering a monthly gift of a dozen locally sourced eggs,» the report added. Amid rising housing costs, struggling education and healthcare systems, and hopes for better infrastructure, many Americans are now considering a move to smaller towns. Citing an analysis from Realtor.com, the report claimed that millennials, in particular, are relocating to small towns and rural areas at the highest rate seen in decades.
17.03 / 06:03
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Indian professional in super-expensive London refuses to work 5 days in office. Her back-up plan is ready
Three days ago, Vinaykiya voiced her thoughts on LinkedIn, addressing the return-to-office mandates, escalating living costs, and stagnant wages affecting Gen Z professionals. “I will not be in the office four or five days a week. Full stop,” the 25-year-old declared in her LinkedIn post. According to her profile, she serves as a Global Influencer Strategy Manager at the Lego Group. She attributed her firm stance against in-office work to the soaring cost of living in the UK capital.
17.03 / 05:39
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MobiKwik shares sink 15% to hit 52-week low after IPO lock-in expiry
One MobiKwik Systems, the parent company of digital payments provider MobiKwik, slumped by as much as 14.6% on Monday, hitting a fresh 52-week low of Rs 231.05, after the expiration of a three-month lock-in period. The expiry has unlocked 46 lakh shares, or 6% of the company's outstanding stock, making them eligible for trade. The stock has experienced a significant decline, falling 61% from its post-listing high of nearly Rs 700. It has also dipped below its IPO price of Rs 269, adding to investor concerns. Over the last week, the shares have fallen by 13%, and in the past month, the drop has widened to 24%.
17.03 / 01:39
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Five stock picks for 17 March, recommended by Ankush Bajaj and MarketSmith India
Subscribe to enjoy similar stories. Here are five stock picks for 17 March, as recommended by market experts Ankush Bajaj and MarketSmith India. Buy at: ₹332 | Target: ₹345-348 | Stop loss: ₹323 The stock is consolidating in the ₹340-305 range.
16.03 / 18:51
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economy
Research
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India at forefront of green hydrogen economy: Technip's Arnaud Pieton
Technip Energies, a French provider of engineering and technology services to the energy industry, is opening a research and development centre in India besides expanding its workforce in the country which it sees at the forefront of the global shift towards green hydrogen. «India is the country where we are signing the largest projects around green hydrogen and green ammonia. It is the geography and the country where, for us, green ammonia and green hydrogen are taking off,» said Arnaud Pieton, chief executive officer, Technip Energies. «So, we see India clearly as being on the forefront of the green hydrogen economy.» Technip Energies, which has been operational in India for about five decades, said it has accelerated investments in the country in the past four years. He declined to elaborate. During the period, the company doubled its workforce. It is now considering adding 500-1,000 employees to the current 4,600-strong employee base in India in the next year.
16.03 / 11:55
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Mann will complete 5 years as Punjab CM; drugs, corruption 'biggest' problems, says Kejriwal
Bhagwant Mann would complete his five-year term as the chief minister of Punjab, trashing opposition parties' claims that he would be removed from the post. However, Kejriwal also said drugs and corruption were the biggest problems in Punjab where the Aam Aadmi Party (AAP) under Mann has been in power for the last three years. Kejriwal and Mann offered prayers at the Golden Temple on the completion of three years of the party's government in the state on Sunday. Kejriwal, the former Delhi chief minister, arrived in Amritsar on Saturday after completing a 10-day Vipassana meditation session in Punjab's Hoshiarpur. During the Golden Temple visit, Kejriwal was accompanied by his wife Sunita Kejriwal, and AAP leaders, including minister Kuldeep Singh Dhaliwal. The Aam Aadmi Party (AAP) formed the government in Punjab in 2022 after winning 92 of the total 117 assembly seats.
16.03 / 09:47
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Congress hits out at govt over air quality report putting India as 5th most polluted country
fifth most polluted country, and demanded that all «anti-people» environmental law amendments over the past 10 years be rolled back. In a statement, Congress General Secretary (Communications) Jairam Ramesh said the Swiss air quality technology company IQAIR has just released its 2024 World Air Quality Report which finds that India is the world's fifth most polluted country. The Rajya Sabha MP said in his statement that according to the report, India's population-weighted average concentration of fine particulate matter is 50.6 g/m3 which is 10 times the WHO's annual guideline level of 5 g/m3. He claimed that according to the report, 74 of the world's 100 most polluted cities are in India, and national capital New Delhi is the second-most polluted city in the world after Brynihat in Meghalaya. «Among the lesser-known tragedies of the non-biological PM's reign is the rapidly deteriorating air quality nationally and the inattentiveness and policy chaos that has characterised the government's response to it,» he said in his statement. Ramesh cited several studies in the past about air pollution-linked fatalities in the country.
16.03 / 07:29
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Mcap of five of top-10 most valued firms declines Rs 93k cr; Infosys, TCS hit hard
Infosys and Tata Consultancy Services taking the biggest hit, in line with a weak trend in domestic equities. Last week, the BSE Sensex benchmark declined 503.67 points or 0.68 per cent, and the NSE Nifty fell 155.3 points or 0.69 per cent. The stock markets were closed on Friday on the occasion of Holi festival.
16.03 / 05:33
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Why maids keep dying in Saudi Arabia
Nairobi international airport's departures area. They huddle for selfies in matching T-shirts, discussing how they'll spend the money from their new jobs in Saudi Arabia. Lured by company recruiters and encouraged by Kenya's government, the women have reason for optimism. Spend two years in Saudi Arabia as a housekeeper or nanny, the pitch goes, and you can earn enough to build a house, educate your children and save for the future. While the departure terminal hums with anticipation, the arrivals area is where hope meets grim reality. Hollow-cheeked women return, often ground down by unpaid wages, beatings, starvation and sexual assault. Some are broke. Others are in coffins. At least 274 Kenyan workers, mostly women, have died in Saudi Arabia in the past five years — an extraordinary figure for a young workforce doing jobs that, in most countries, are considered extremely safe. At least 55 Kenyan workers died last year, twice as many as the previous year. Autopsy reports are vague and contradictory. They describe women with evidence of trauma, including burns and electric shocks, all labeled natural deaths. One woman's cause of death was simply «brain dead.» An untold number of Ugandans have died, too, but their government releases no data.
16.03 / 05:33
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International
Can technology help more survivors of sexual assault in South Sudan?
Five months after the assault, she lay on a mat in a displacement camp in South Sudan's capital, rubbing her swollen belly. «I felt like I wasn't heard… and now I'm pregnant,» she said. The Associated Press does not identify people who have been raped. Sexual assault is a constant risk for many women in South Sudan. Now one aid group is trying to bridge the gap with technology, to find and help survivors more quickly. But it's not easy in a country with low connectivity, high illiteracy and wariness about how information is used. Five months ago, an Israel-based organization in South Sudan piloted a chatbot it created on WhatsApp. It prompts questions for its staff to ask survivors of sexual assault to anonymously share their experiences. The information is put into the phone while speaking to the person and the bot immediately notifies a social worker there's a case, providing help to the person within hours. IsraAID said the technology improves communication. Papers can get misplaced and information can go missing, said Rodah Nyaduel, a psychologist with the group. When colleagues document an incident, she's notified by phone and told what type of case it is.
15.03 / 13:33
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Forecasters say Saturday is a high risk day of severe weather; here's what they are predicting and what you need to know if you stay in these U.S states
hurricane-force winds, and massive hailstones. This system is no ordinary storm; it's a potential game-changer that could leave a path of destruction across multiple states.
15.03 / 13:33
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What is Virat Kohli planning to do after retirement? India's top batter drops major hint
'I actually don't know what I will be doing post retirement, recently I asked a teammate the same question, and got the same reply. Yeah but may be a lot of traveling," said Virat Kohli. Recently, the peerless Virat Kohli said his job is not just to win ICC trophies but also ensure that Indian cricket is at a better place when he walks into the sunset, as the team won a third Champions Trophy title with a four-wicket victory over New Zealand here. India completed a chase of 252 with six balls to spare. «When you leave, you want to leave the team in a better place, I feel we've a squad that's ready to take on the world for the next eight years,» an ecstatic Kohli said after the end of the final. «It's been amazing, we wanted to bounce back after a tough Australian tour, and wanted to win a big tournament, so to win the Champions Trophy is amazing,» Kohli told broadcasters 'JioHotstar' with Shubman Gill by his side.
15.03 / 11:47
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WPL 2025 Prize Money: How much will Delhi Capitals or Mumbai Indians receive if they win the title?
DC, led by Australian legend Meg Lanning, reached the final directly, having won five out of eight matches and finishing on the top of the table. This is their third consecutive final and will be looking to lift their first WPL title as they fell short in both 2023 and 2024. The Harmanpreer Kaur-led MI, finished second in the league stage with 10 points. Even though they were tied with Delhi, Mumbai had a lower Net Run Rate. They defeated Gujarat Giants comfortably in the Eliminator match to play their second WPL final. They were the inaugural champions of the tournament.
15.03 / 11:17
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No timeline set for ministerial panel on reservation rules in Jammu and Kashmir: Government
cabinet sub-committee, which was formed last year to look into grievances against the present reservation policy in the Union Territory. The information was given by Sakeena Itoo, the minister in-charge social welfare, in a written reply to a starred question by Peoples Conference legislator Sajad Gani Lone in the House. The cabinet sub-committee headed by Itoo with ministers Satish Sharma and Javed Rana as its members was constituted in December last year and is going to submit its report to the council of ministers headed by Chief Minister Omar Abdullah. Reservation has become a major issue in Jammu and Kashmir following the Central government's decision to add more communities to the reserved category and expand quotas in the UT over the past five years. There are increasing objections to the Centre's move to push the reservation quota to 70 per cent in Jammu and Kashmir. «The Cabinet Sub Committee stands constituted vide Government order No. 2061- JKGAD of 2024, dated 10.12. 2024 to examine the grievances projected by a section of aspirants for various posts regarding reservation rules. However, no specific timeline has been fixed for submitting the report,» the minister said in response to Lone, who had asked whether a six months time period had been granted to the panel to review the existing reservation policy. Itoo said that a total of 5,39,306 Scheduled Tribe population — 4,59,493 in Jammu division and 79,813 in Kashmir division — have obtained ST certificates in the last two years effective from April 2023, while 67,112 certificates have been issued to scheduled caste population of Jammu region during the same period.
15.03 / 08:57
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Was beaten up by Congress govt in Assam; had jail food for seven days: Amit Shah
Amit Shah on Saturday said that during the Congress government in Assam, he was beaten up and had jail's food for seven days in the state. Speaking at the inaugural ceremony of Lachit Barphukan Police Academy in Dergaon, Shah attacked Congress and said that the Congress did not allow peace in Assam. «I have also been beaten up by the Congress government in Assam. Hiteshwar Saikia was the Chief Minister of Assam and we used to raise slogans against former PM Indira Gandhi that 'Assam ki gaaliyan suni hai, Indira Gandhi khooni hai'. I too had jail food for seven days in Assam and people from all over the country came to save Assam. Today Assam is moving ahead on the path of development,» Shah said. Hiteswar Saikia served as the Chief Minister of Assam for two terms from 1983 to 1985 and then from 1991 to 1996. He further said that Assam's Lachit Barphukan police academy will become the top one in the country in the next 5 years.
15.03 / 00:51
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HDFC Asset Management Co’s valuation cooled off despite a strong quarter. Time to reconsider?
Subscribe to enjoy similar stories. Asset management companies have been major beneficiaries of India’s rising equity penetration since the pandemic years. These stocks have delivered strong returns over the past two years and their assets under management (AUM) have surged more than 200% over the previous five years.
14.03 / 19:27
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LVMH to lift age limit, letting Arnault remain CEO until 85
LVMH will ask shareholders to raise the age limit for its CEO and chairman to 85, allowing its billionaire boss Bernard Arnault to remain longer at the helm of the French luxury goods group. Bernard, 76, created the group and has grown it into the world's largest in its sector, holding the position of both chief executive and chairman of the board, and making him the wealthiest man outside the United States. But he has yet to name a successor, even though his five children — ranging in age from 27 to 49 — work for the group and four sit on its board. At the company's next general meeting on April 17, shareholders will be asked to vote on an amendment to «to harmonize the age limits for the Chairman of the Board of Directors and the Chief Executive Officer, bringing them to 85 years,» according to a posting in an official gazette. The company had already raised the age limit for CEO to 80 in 2022. In July 2022, Bernard Arnault consolidated family control over LVMH by reorganizing his Agache holding company into a limited partnership.
14.03 / 17:17
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Sikkim govt starts charging Rs 50 as entry fees for tourists
The fees are being collected at hotels during check-in and are deposited into the Tourism Sustainability Development (TSD) Fund to improve tourism infrastructure and services across the state, the officials said. All tourists, barring children under the age of five are being charged the amount for stay for up to 30 days, they said.
14.03 / 17:17
14.03 / 17:17
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Pak army says 18 of 26 hostages killed in Balochistan train attack were soldiers
Balochistan Liberation Army militants, who ambushed a train in Balochistan, were army and paramilitary soldiers. Inter-Services Public Relations (ISPR) Director General Lieutenant Gen Ahmed Sharif Chaudhry, during a press conference with Balochistan Chief Minister Sarfaraz Bugti, said 26 hostages were killed by the terrorists before the start of the army operation. «The 26 hostages include 18 army and paramilitary soldiers, three other government officials and five civilians,» he said. He also said that five paramilitary soldiers of Frontier Corps were killed during the operation, including four Frontier Corps personnel killed by terrorists when they attacked the train. The Balochistan Liberation Army (BLA) terrorists ambushed the Jaffar Express carrying over 400 passengers on Tuesday in Bolan area of Balochistan and held the passengers hostage, prompting the security forces to initiate an operation that lasted until the next day evening. Security forces stormed the hijacked train on Wednesday, bringing a dramatic end to a 30-hour siege, killing all 33 terrorists, while successfully rescuing more than 300 passengers.
14.03 / 12:37
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Hamas to release American hostage in Gaza, ready for second-phase ceasefire talks
Hamas said on Friday it agreed to release an American-Israeli dual national, believed to be the last living American hostage held in Gaza, after receiving a proposal from mediators to continue negotiations on the second phase of a ceasefire deal. Hamas said in a statement that it responded «positively» to the proposal that was presented on Thursday to resume negotiations. It will also release the bodies of four other dual nationality hostages, it said without giving further details. There was no immediate comment from Israel. Meetings between Hamas leaders and U.S. hostage negotiator Adam Boehler in recent days sought the release of Edan Alexander, a 21-year-old man from New Jersey, who served as a soldier with the Israeli military.
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