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Haryana Government on Saturday announced winter vacations for all Government and Private schools from January 1 to January 15, 2024. The decision comes in view of the cold wave expected in the state in the next few days. The schools will open on January 16, 2024 as per the circular issued by the state administration.

It is slated to be an interim budget since the Lok Sabha elections are scheduled for early next year. The budget-making process usually begins in September, over six months before the date of presentation. Making a budget is a time-taking process that entails numerous steps and consultations. Have you ever pondered the intricate process of crafting the budget? Comprising a multitude of financial proposals, its creation is no small undertaking.

This lack of discernment can lead to disappointment, as high return expectations clash with inadequate research. This article sheds light on a more structured approach – factor investing – to streamline the investment process and avoid falling into the trap of labelling the stock market as a mere ‘gambler's place’. What is Factor Investing? Factor investing involves attributing the returns of your equity portfolio to specific factors such as value, quality, volatility, and market capitalisation. These factors act as persistent and well-documented drivers of asset class returns, offering investors insights into expected returns and aiding in seeking outperformance or managing risks effectively. With the accessibility of exchange traded funds (ETFs), factor investing is no longer confined to the elite, presenting a balanced mix of passive and active investment management. Understanding Long-term Drivers of Equity Returns Value Factor This factor indicates that stocks with low P/E multiples or high earnings yield tend to offer higher returns, especially during stock market recoveries. Momentum Factor Strong price momentum effects have been observed in various asset classes globally, indicating that past winners continue to outperform losers. Growth Factor This factor gauges a company's potential based on historical or projected growth rates, signalling potential strong future stock price performance. Quality Factor The quality factor is based on complex accounting information, focusing on companies with little divergence between accrual and cash earnings. Size Factor Smaller companies, such as midcaps and smallcaps, are believed to outperform larger peers over the long run due to untapped markets and growth

Motisons Jewellers IPO: After allotment of shares, lucky allottees are eagerly waiting for Motisons Jewellers IPO listing date, which is fixed on 26th December 2023. Those who have applied for the book build issue need not to move from pillar to post and check Motisons Jewellers IPO allotment status. They can check their application online by logging in at the BSE website or at the website of Motisons Jewellers IPO refistrar — Link Intime Private Limited.

An early and influential thought experiment in the artificial intelligence doom literature is coming true—the paperclip maximizer scenario, except the world isn’t filling up with superfluous, unwanted paperclips. It’s filling up with predictions of AI doom. For the same reason Hollywood doesn’t make non-disaster movies in which planes aren’t hijacked and cruise ships don’t overturn and sink, an AI expert is condemned to invisibility who doesn’t emphasize the alleged “existential" risk.

Nicaragua-bound plane carrying 300 Indian passengers on suspicion of ‘human trafficking’, said Liliana Bakayoko, who was a lawyer for the airline. Speaking to AFP, Bakayoko said, “The company denied any wrongdoing in the incident and is at the disposal of the French authorities. But the airline would take legal action if the prosecutors file charges." The plane had taken off from the United Arab Emirates.

Apple has opened negotiations in recent weeks with major news and publishing organisations, seeking permission to use their material in the company's development of generative artificial intelligence (AI) systems, according to four people familiar with the discussions. The technology giant has floated multiyear deals worth at least $50 million to license the archives of news articles, said the people with knowledge of talks, who spoke on the condition of anonymity to discuss sensitive negotiations. The news organizations contacted by Apple include Condé Nast, publisher of Vogue and The New Yorker; NBC News; and IAC, which owns People, The Daily Beast and Better Homes and Gardens.

external affairs ministry announced that, as part of its development assistance programme, India has extended 308 lines of credit aggregating to $32.02 billion to partner countries over the years. Of this, about $17.06 billion has been extended to Asia, $12.15 billion to Africa and $2.81 billion to others, it said. Around 600 projects have been taken up and executed in several sectors, including infrastructure, power, connectivity, agriculture, education and health, the minister of state for external affairs V Muraleedharan informed the Rajya Sabha on Thursday. He said grant assistance projects are concentrated primarily in India’s neighbourhood in Afghanistan, Bangladesh, Maldives, Myanmar, Nepal, Sri Lanka and Bhutan. “India’s developmental projects are based on the needs and aspirations of the partner countries. The main instruments of support include lines of credit, grants-in-aid as well as capacity building programmes.

Suraj Estate IPO: Allotment status of the initial public offering (IPO) of Mufti brand's patent company Suraj Estate Developers Limited has been declared. Those who have applied for the public issue can check Suraj Estate IPO allotment status online by logging in at the BSE website or at the website of official registrar of the book build issue — Link Intime Private Limited.

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.

White House on Friday said it was closely monitoring Houthi attacks on ships in the Red Sea, but did not expect the situation to have a significant impact on holiday prices or the availability of products. Lael Brainard, director of the White House National Economic Council, told reporters that the U.S. economy was proving resilient, with inflation having come down faster than even the more optimistic forecasts had indicated, the labor market rebounding, and growth remaining solid.

SIM swappers are beginning to target crypto influencers ahead of the holidays, with some taking control of their high-profile accounts on X.

Kelly Osbourne in the most recent episode of «The Osbournes Podcast» with Sharon, Ozzy, and Jack, told her family that she has decided what she wants for Christmas to which her mother Sharon exclaimed: «Here We Go!» Kelly indicated that she desired «plastic surgery» which led to protests from her family members including father Ozzy. The 39-year-old further put up a defense by saying she thinks it's her time. Sharon, her mother said that it was very early for Kelly to do plastic surgery. On being asked by Jack about the age at which she had her first plastic surgery she replied that it was during her early 40's.

By Suzanne McGee and Hannah Lang

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U.S. Transportation Secretary Pete Buttigieg spoke Tuesday alongside FAA Administrator Michael Whitaker in Arlington, Virginia.

US Commerce Department will begin gathering information on Chinese production of legacy semiconductors chips that aren't cutting-edge but are still vital to the global economy as it looks to track how deeply reliant US companies have become on the technology from China. In January, the agency's Bureau of Industry and Security will survey more than 100 companies in autos, aerospace, defense and other sectors to understand how they procure and use legacy chips, according to a Commerce official.

France after a Nicaragua-bound plane that took off from the UAE carrying 303 Indian passengers was grounded in France over suspected "human trafficking." «French authorities informed us of a plane w/ 303 people, mostly Indian origin, from Dubai to Nicaragua detained on a technical halt at a French airport. Embassy team has reached & obtained consular access.

₹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.

Tamil Nadu government's claim of a delay in issuing warning over rainfall in the state by IMD, Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Friday said the Regional Meteorological Centre (RMC) in Chennai is a state-of-the-art facility and it had forecast heavy rains in the southern state well in advance. She said this in response to the charge by Chief Minister M K Stalin that India Meteorological Department (IMD) had failed to issue timely warnings about the extreme rainfall that battered Tuticorin, Kanyakumari, Tirunelveli, and Tenkasi districts. Attacking the DMK government, Sitharaman sought to know what kind of measures it took when the weather office predicted heavy rainfall.