Gatherings Financial News

Subscribe to enjoy similar stories. After a year of record fundraising through initial public offerings (IPO), merchant bankers are expecting domestic IPOs to gather more steam in 2025, with increasing funding demand from tier-II companies. “At this point of time, our estimates suggest around $35 billion (worth of) IPOs (planned) in the current calendar year," Kaushal Shah, managing director and head of equity capital markets at Kotak Mahindra Capital Co.

Meta CEO Mark Zuckerberg is all set to co-host a black tie reception on the date of January 20 of the year 2025 just following US President- elect Donald Trump's inauguration, reported The Hill.

Subscribe to enjoy similar stories. TOKYO—Bank of Japan Gov. Kazuo Ueda repeated his pledge to discuss an interest-rate increase next week, echoing recent comments that have revived market expectations for imminent policy action.

Vedanta Ltd. creditors will gather next month to give their final verdict on a plan to split the sprawling Indian mining conglomerate into at least five different businesses, a key step in a months-long effort to simplify the group’s structure and help manage its debt burden.

The World Economic Forum’s president says U.S. President Donald Trump will take part virtually in the annual meeting in Davos just days after his inauguration

Kumbh Mela is underway in Uttar Pradesh's Prayagraj and Google is paying homage to the largest religious and spiritual gathering in the world through a unique, interactive feature available on its search platform for Indian users.

Subscribe to enjoy similar stories. • Voltas: Sell rallies to ₹1650, stop ₹1675, target ₹1590 After a sharp breakdown in this counter, the revival in the prices looks limited. As the selling pressure intensifies, the constant supply could drag prices lower.

Amrit Snan of Maha Kumbh 2025 on the auspicious occasion of Makar Sankranti began as Sadhus from Sadhus of MahanirvPanchayati Akhada took a holy dip at the Triveni Sangam — a sacred confluence of the Ganga, Yamuna and 'mystical' Saraswati river.

IMD) has developed a dedicated webpage to provide weather updates for the Maha Kumbh, the world's largest religious gathering. The Maha Kumbh began on Monday with tens of lakhs of people taking a dip in the Triveni Sangam — the confluence of Ganga, Yamuna and the mythical Saraswati. It will continue until February 26.

Maha Kumbh Mela 2025, the world’s largest spiritual gathering, commenced with the sacred ‘Shahi Snan’ on the auspicious day of Paush Purnima. Devotees from across India and around the globe congregated at the holy Triveni Sangam in Prayagraj, Uttar Pradesh, to perform the ritualistic holy dip. This iconic confluence of the Ganga, Yamuna, and the mythical Saraswati rivers holds immense significance in Hindu tradition, symbolizing spiritual purification and renewal.

Mind the pants.

Subscribe to enjoy similar stories. The Maha Kumbh 2025 is more than just a spiritual gathering; it’s shaping up to be a mega stage where tradition meets trade, where faith drives footfalls, and where brands have a rare chance to leave a lasting imprint on millions. With a turnout of 400-450 million devotees expected, this isn’t just an event—it’s a marketer’s dream playground.

Interpol 'Silver Notice' a «more effective» tool than the Mutual Legal Assistance Treaties (MLATs) for gathering information on illicit assets parked offshore, CBI Director Praveen Sood has said it was Prime Minister Narendra Modi's idea, which has now been realised. In an exclusive interaction with PTI, he said Prime Minister Modi had proposed in 2015 a system under the Interpol to trace money laundered offshore, and it has now taken shape as the Silver Notice. The Notice, aimed at locating illicit assets laundered across borders, is the newest addition to the Interpol's suite of eight colour-coded Notices and Diffusions, which enable countries to share alerts and requests for information worldwide. Conventionally, the information on illicit assets is gathered through MLATs which are treaties between two countries whereby they cooperate to provide and obtain formal assistance in the prevention, suppression, investigation, and prosecution of crime.

Pope Francis expressed his sadness over the devastation caused by the recent wildfires in California, offering spiritual support to the victims in a telegram sent to the Archbishop of Los Angeles. «Saddened by the loss of life and the widespread destruction,» the pope conveyed his «spiritual closeness» to those affected, according to Vatican Secretary of State Pietro Parolin, reported the Associated Press. Among the most tragic losses were houses of worship, including the Pasadena Jewish Temple and Center, which was destroyed by the flames. Cantor Ruth Berman Harris, along with three others, risked their lives to rescue Torah scrolls from the temple as the fire approached. «It’s the heartbeat of any Jewish community,» Berman Harris of the Torah told the Associated Press. Her quick action, despite road closures, saved the sacred texts, but the synagogue itself was lost. «The flames were getting closer,» she explained, recalling how a nearby congregant called her to alert her about the danger. The temple, a cornerstone of the community for over 80 years, was reduced to a few walls and empty space. «There’s absolutely nothing except for a few walls and the empty space,» said Melissa Levy, the synagogue's executive director. Nevertheless, the AP report noted that many congregants have visited the site to say their farewells to a place where they celebrated family milestones and faith, reported the Associated Press.

Who are likely to make a cut in the Champions Trophy India squad?Out-of-form veterans Rohit Sharma and Virat Kohli will continue to form the batting core of India's ODI squad, however, three senior players whose future in the 50-over format could be debated when the selectors gather this weekend to pick the squad for the Champions Trophy.India will play all their Champions Trophy games in Dubai, starting with the clash against Bangladesh on February 20. This came after the team refused to travel to original hosts Pakistan citing security concerns.Following a not-so-satisfactory performance in the Border Gavaskar Trophy against Australia, Team India look futuristic for the upcoming white-ball tournaments including England's tour to India, followed by ICC Champions Trophy 2025.

The label will be applied to the Aegon Sustainable Diversified Growth and Aegon Sustainable Equity funds from the end of March 2025. Miranda Beacham, head of responsible investment at Aegon Asset Management UK, said: «We are very pleased to see SDR is gathering momentum in providing greater clarity and confidence in the market for our clients and look forward to adopting the new labels for our funds.» Aegon AM's Miranda Beacham: FCA should create SDR label for ethical funds The firm clarified, however, that its Ethical Equity, Ethical Corporate Bond, and Ethical Cautious Managed fu...

Subscribe to enjoy similar stories. A recent report by the State Bank of India has stirred up the proverbial hornet’s nest with its claims of a sharp reduction in poverty levels in India, particularly rural areas, in the past decade. It has led to a flurry of counter-claims, with economists questioning the methodology used to arrive at the findings.

Fugitive gangster Anmol Bishnoi allegedly ordered the murder of NCP leader Baba Siddique to establish his crime network’s dominance and create an atmosphere of fear, according to a charge sheet filed by Mumbai police, reports PTI.

Aam Aadmi Party (AAP) leader Saurabh Bhardwaj on Sunday launched a scathing attack while responding to BJP leader Ramesh Bidhuri's reported objectionable statement on Delhi Chief Minister Atishi, saying that the elections will show who is the real father (chunav ke jab result ayenge tab pata chalega kon kiska baap hai).

Ten years ago, Jean-François Lisée predicted that Quebec’s independence movement would be reborn.