Man Financial News

₹2,000 notes rang bells of demonetization some 7 years ago, as people rushed to change or deposit the same. Was it a measure to remove black money just before election time? Or was it a routine part of a ‘clean notes’ policy? Almost all the notes came back into the system and one could say all’s well that ends well. A nagging question is that if the policy of clean notes is pursued, will the ₹500 note see similar action next year? Shakespeare would say, ‘Give every man thy ear, but few thy voice.’ Ninth, just as news broke that India had lost the World Cup cricket final, a social media post went around claiming that India’s GDP had crossed the $4 trillion mark.

By Kirsti Knolle

Nova Corps and others.

Nevada's northern desert became the new canvas for Burning Man, relocating from San Francisco's Baker Beach. This event, once an intimate gathering, burgeoned into a surrealistic carnival over three decades. However, its exponential growth led to concerns about deviating from its core values of inclusivity, expression, and leaving no trace. In 2011, ticket shortages triggered a lottery system, challenging the event's radical inclusiveness. As Burning Man evolved, so did the influx of opulent accommodations, billionaires, and celebrities, sparking debates about its future. Despite facing criticism and questions, the event continued to attract a massive crowd, becoming a transient city rivaling Vegas and Reno.

A smelting furnace has exploded at a Chinese-owned nickel plant on Indonesia’s Sulawesi island, killing at least 13 workers and injuring dozens of others

The death toll following the explosion of a smelting furnace at a Chinese-owned nickel plant on Indonesia’s Sulawesi island has risen to 18

The Israeli military says it has expanded its ground offensive in the Gaza Strip to the densely populated urban refugee camps in the central part of the territory

Wolfgang Schaeuble, who helped negotiate German reunification in 1990 and as finance minister was a central figure in the austerity-heavy effort to drag Europe out of its debt crisis two decades later, has died

European shares were marginally higher on Wednesday as robust China data lifted miners, while an overnight Wall Street rally amid persisting optimism the Federal Reserve could begin cutting rates as early as next March helped tech stocks rise. By 0814 GMT, the pan European STOXX 600 rose 0.1% at 477.83 points following an over 0.4% gain across major Wall Street indexes overnight. Basic resources was amongst the top gainers, rising 0.4% as most base metal and iron ore prices advanced after data showed manufacturing activity in top consumer China improved last month, while energy advanced 0.6%. The technology sector, which houses Europe's major chipmakers, jumped 0.7%, in line with their rising Wall Street counterparts. Keeping a lid on gains, telecoms and insurers fell 0.4% each. Volumes are expected to be light as traders return from an extended Christmas break with only a few trading days left in 2023. Bayer rose 1.7% after the German drugs-to-pesticides group said it has won a trial in a lawsuit brought by a California man who said he developed cancer from exposure to its Roundup weedkiller.

Conman Sukesh Chandrasekhar has hit back at former-flame, Bollywood diva Jacqueline Fernandez, who alleged that he sent “intimidating & harassing” letters to her. Chandrasekhar, who is currently languishing in jail in Delhi, has claimed that the dozen WhatsApp messages leaked are fake. The Rs 200-crore extortion case mastermind also stated that the ‘Murder 2’ actress was trying to “sensationalise” the chats.

Bollywood superstar Salman Khan turned 58 today. The ‘Dabangg’ star celebrated his special day with family and close friends.

The Economic Possibilities For Our Grandchildren in 1930, a brief optimistic tract about the distant future at a time when the world was facing immense economic difficulties. His vision of a world of abundance and leisure, when cultivation of the art of life will be more important than an endless pursuit of the means of life, was at odds with the huge misery and unemployment that was spreading across most of the world.

Barbie" and "Oppenheimer," were huge hits, surprising everyone by breaking box office records and getting ready for the Oscars. Greta Gerwig's «Barbie» delivered a surprising feminist take, as Margot Robbie's introspective Barbie teamed up with Ryan Gosling's clueless Ken, weaving a narrative far beyond mere doll play. On the other hand, Christopher Nolan's «Oppenheimer» painted a compelling portrait of J. Robert Oppenheimer, embodied flawlessly by Cillian Murphy, delving into the conflicted mind of the architect behind the atomic age, marking it as a visionary masterpiece.

Wrestling Federation of India (WFI) for three reasons. One, for trying to hastily organise U-15 and U-20 national championships in UP's Gonda district before the year-end. Two, WFI still operates out of premises where several wrestlers, according to their complaints, were allegedly sexually harassed.

The unsettling narratives of individuals falling victim to AI-based deepfake scams, such as a Kerala man losing ₹40,000, a woman losing Rs 1.4 lakh to an AI voice scam, and a man being duped out of over Rs 5 crore by a scammer employing AI face-swapping technology, are just a glimpse into the broader challenge. In India, financial entities find themselves contending with an emerging and chilling risk – the proliferation of deepfakes.

₹600 million, thrice that of its neighbour, it was the father’s turn to stagger. And the industry’s. ‘Five-star’ no longer sufficed.

By Brendan Pierson

Richard Franklin, celebrated for his roles in Doctor Who and Emmerdale, has passed away at 87, as confirmed in a heartfelt statement on Christmas Day. The announcement conveyed his peaceful departure after battling a prolonged illness, marking the end of a revered journey in the entertainment realm. Franklin's recognition stemmed from his portrayal of Captain Mike Yates of UNIT in Doctor Who during the early 1970s. Beyond this iconic role, he graced screens in Crossroads and notably played Denis Rigg in ITV's Emmerdale.

Nostradamus has left an indelible mark on our collective imagination. Because he wrote in cryptic poems or quatrains, his words possess the quality of being perpetually open to reinterpretation to align with historical occurrences. Evaluating his 'accuracy' becomes a notoriously challenging task due to this characteristic.

Solana (SOL), a key player in the cryptocurrency market, has shown remarkable resilience and upward movement, maintaining a strong position around the $122mark. This surge reflects the broader positive sentiment enveloping the crypto market, particularly underscored by Bitcoin’s (BTC) stable hold above the $43,000 level during the festive season.

Railway Minister Ashwini Vaishnaw today inspected the first Amrit Bharat train, which features push-pull technology. The train is scheduled to be launched soon by Prime Minister Narendra Modi in Ayodhya. During his inspection, Vaishnaw highlighted the innovative push-pull technology, which he claims significantly increase the speed of the trains as well as passenger comfort.