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Pakistani rupee hit an all-time low, crossing the PKR 300 mark against the US dollar in August 2023. The country's foreign reserves with the State Bank of Pakistan (SPB) also dropped to an alarming level — at $3.1 billion in January 2023. The cash-strapped country struggled to unlock funding from the International Monetary Fund (IMF).

Global NCAP conducts annual crash tests on several cars available in the Indian market. As reported by HT Auto, in the latest round of tests conducted in 2023, a notable achievement has been witnessed as five cars demonstrated exceptional safety performance. These vehicles not only met but surpassed the stringent safety standards set by Global NCAP, further emphasizing the industry's commitment to producing safer vehicles for the Indian market.

PTI report says that the star player may miss the IPL season 2024 too. ALSO READ: Hardik Pandya had ‘captaincy' condition for his return to Mumbai Indians, Rohit Sharma was in the loop: Report "There is no update on Hardik's fitness status as of now and one can say there remains a big question mark of him being available before the end of IPL," PTI quoted a BCCI source on condition of anonymity.

Erasmith Technologies were leaving work. The exact cause of the lift mishap is still unknown, but the police have taken two individuals involved in the maintenance of the building into custody. Deputy Commissioner of Police (Noida), Harish Chander, stated, «Two members of the maintenance team of the commercial building have been taken into custody and an FIR is being lodged to ensure the strictest action against those responsible for the negligence.» The injured employees were taken to Jaypee Hospital, where they are receiving treatment.

Maha Vikas Aghadi, especially Shiv Sena (UBT), stands strongly behind senior Congress leader Sunil Kedar, Sena (UBT) MP Sanjay Raut said on Saturday, a day after the former minister was handed a five-year jail term by a court for misappropriation of funds in a cooperative bank. Taking a dig at its former ally BJP, Raut said many leaders in that party should be tried and convicted for such acts. «Because of the pressure on the judiciary, only those from the opposition are summoned (by Central probe agencies), arrested, and they face disqualification as lawmakers,» Raut alleged while speaking to reporters.

Air India received India's first ever Airbus A350, registered as VT-JRA as it continues its transformation, the company said in a media statement on Saturday. The aircraft will commence commercial service in January 2024 and will initially operate domestically for crew familiarisation, it said. Later on, services will be offered for longer-haul destinations. The carrier will announce the schedule for commercial operations with the A350 in the coming weeks. «This moment marks a red-letter day for all of us at Air India. The A350 is not just metal and engines; it’s the flying embodiment of the relentless efforts of all Air India employees towards our airline’s continuing transformation and of our commitment to setting new benchmarks. It is also, in many ways, a declaration of Indian aviation’s resurgence on the world stage,» said Campbell Wilson, Chief Executive Officer & Managing Director, Air India in the statement.

Stock market last week: After logging gains for seven straight weeks, key benchmark indices of the Indian stock market took a breather last week. Nifty 50 index ended 0.55 per cent or 113 points lower while BSE Sensex lost 257 points or 0.36 per cent in the previous week. Nifty Bank index lost 493 points or 1.03 per cent in last five sessions.

Santa Claus Rally. This trend entails a notable upswing in the stock prices during the last five trading days of December and the first two days of January.

Amitabh Kant committee. This move aims to bring relief to countless homebuyers who have been awaiting possession of their homes, some for over a decade. Below are five key points for homebuyers.

small caps are among the most volatile, offering unpredictable returns. But when it comes to returns, small and mid-cap can outpace their larger peers, although for a short duration. In the year 2023, something similar took place.

ISRO Chairman S Somanath has announced that Aditya-L1 will arrive at the Lagrangian point L1 on January 6. This point is 1.5 million km away from Earth. Launched from Sriharikota on September 2, India's first solar mission will perform an important manoeuvre upon reaching L1.

Oaktree Capital Thursday provided Rs 3400 crore debt facilities to Vedanta Ltd for a term of 18 months at 12%, said people with knowledge of the matter. India-listed Vedanta has raised funds around the time its holding company is working round the clock to arrange funds to refinance its upcoming USD 1 billion bonds, which are due January 2024. Three different funds of Oaktree Capital provided debt to Vedanta Ltd by subscribing to the secured, unlisted non-convertible debentures (NCD). Oaktree has stipulated that Vedanta would have to pay 17% interest on the debt in the event of default, the people said. The proceeds will be used for general corporate purposes. Vedanta has pledged 100% of shares of Sesa Iron and Steel Ltd as security for debt availed from Oaktree.

Oaktree Capital on Thursday provided ₹3,400 crore debt facilities to Vedanta Ltd for a term of 18 months at 12%, said people with knowledge of the matter. India-listed Vedanta has raised funds around the time its holding company is working round the clock to arrange funds to refinance its upcoming $1-billion bonds, which are due January 2024. Three different funds of Oaktree Capital provided debt to Vedanta Ltd by subscribing to the secured, unlisted non-convertible debentures (NCD). Oaktree has stipulated that Vedanta would have to pay 17% interest on the debt in the event of a default, the people said. The proceeds will be used for general corporate purposes.

Elon Musk’s Space Exploration Technologies Corp., according to data from CBInsights. OpenAI declined to comment. The company is set to complete a separate tender offer in early January, which would allow employees to sell their shares at a valuation of $86 billion, Bloomberg previously reported.

gift ideas that will be loved by the recipients as they cater to basic, everyday needs and aspirations. With a Christmas reindeer on top and five personal care items in it, Atulya, one of the fastest-growing names in Ayurveda and nature-oriented personal care, has created a gift box just in time for Christmas and the end of the year. This includes the Onion and Bhringraj range of shampoo, conditioner, hair oil, natural toner and cleanser in the shape of Atulya rose water soap.

At least five brands have signed Hindi film celebrities in the past two weeks, accelerating a turnaround that began earlier in the year after a lean phase in 2021 and 2022, when a string of box office flops and a drug controversy took a toll on big Bollywood endorsements. On Thursday, Bisleri International named Deepika Padukone as its first global brand ambassador. She will also feature on bottle labels of the mineral water brand.

From the cherished Boxing Day traditions to colossal rivalry matches and significant clashes concluding 2023 and ushering in 2024 in grand style, the festive period offers a plethora of exciting encounters. With so much anticipation surrounding these fixtures, football enthusiasts can eagerly anticipate a thrilling and action-packed holiday season in the Premier League.

NEW DELHI: India’s audit regulator on Friday pointed to gaps and inadequacies in procedures followed and documentation of statutory audits done by top audit firms. The National Financial Reporting Authority (NFRA) issued its report after inspections at BSR & Co. LLP, Price Waterhouse Chartered Accountants LLP, Deloitte Haskins & Sells LLP, and SRBC & Co.

Luke Littler, known as "The Nuke," has emerged as a standout performer at the World Darts Championship. Hailing from Warrington, Cheshire, Littler's journey began at an astonishingly young age — at 18 months old, he was already throwing darts in diapers.

₹57,313 crore in Indian shares in the month through 21 December, according to depository data. This is the highest inflow in any month since they pumped in ₹62,016 crore in December 2020, the record for any month.

₹7 trillion worth of bad debt in five years between 2019 and 2023. Also, against ₹6.5 trillion worth of stuck assets, ₹ 94,000 crore or a mere 15% was recovered in 2023, with more than half of the recovered amount coming through the IBC route. The finance ministry’s concerns on rising cases of pendency under IBC comes after the Reserve Bank of India batted for early settlement of bad loans and also recently directed banks to tighten their lending norms and avoid any form of exuberance to make lending sustainable and prevent built up NPAs.