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Chennai on Saturday witnessed gusty winds and rain, uprooting many trees and causing water logging in many parts of the city as the Cyclonic Storm Fengal is expected to cross the north Tamil Nadu-Puducherry coast this evening. Officials were seen clearing the uprooted trees from the roadsides. The India Meteorological Department (IMD) has reported that Cyclonic Storm Fengal is expected to cross the north Tamil Nadu-Puducherry coast between Karaikal and Mahabalipuram on Saturday evening, with wind speeds of 70-80 kmph, gusting to 90 kmph.

Hezbollah weapons smuggling sites along Syria's border with Lebanon, the Israeli military said Saturday, testing a fragile, days-old ceasefire that halted months of fighting between the sides but has seen continued sporadic fire. The military said it struck sites that had been used to smuggle weapons from Syria to Lebanon after the ceasefire took effect, which the military said was a violation of its terms. There was no immediate comment from Syrian authorities or activists monitoring the conflict in that country. Hezbollah also did not immediately comment. Israeli aircraft have struck Hezbollah targets in Lebanon, citing ceasefire violations, several times since the ceasefire began on Wednesday.

Cyclone Fengal. Earlier in the day, Chief Minister MK Stalin assessed the preparedness and precautionary measures. The Chief Minister also visited the Chennai State Operation Center, accompanied by state ministers KN Nehru and KKSSR Ramachandran. The Chief Minister interacted with the District Collectors of Chennai, Kanchipuram, Tiruvallur, Chengalpattu, and other districts via video conferencing to assess the on-ground conditions. He assured that the state government is closely monitoring the situation and implementing necessary precautionary measures. Addressing the media, CM Stalin said that the Tamil Nadu government had been conducting continuous inspections and taking steps to mitigate the impact.

job markets differently across OECD countries, exacerbating existing urban-rural income and productivity gaps as well as the digital divides between regions, according to a new OECD report. Job Creation and Local Economic Development 2024 finds that, following a decade of employment growth, over half of OECD regions had reached employment rates above 70 per cent by 2023, with more women joining the workforce, narrowing the gender gap in labour force participation in 84 per cent of OECD regions. The employment boom has also led to regional labour shortages and gaps, particularly in densely populated urban regions such as Lombardy (Italy) and Hamburg (Germany), as well as in regions struggling with population decline and ageing.

HSBC Holdings' board has appointed headhunters to start the recruitment of its next chairman to succeed Mark Tucker, Sky News reported on Saturday. The London-listed, Asia-focused bank will consider both existing non-executive directors and outsiders to succeed Tucker, the report said, citing sources. The bank has appointed headhunters including MWM Consulting to run the process, the report added.

Gold Loans: Bank loans secured by gold jewelry have seen a dramatic 50.4% increase in the first seven months of this fiscal year, ending October 18, 2024. This surge contrasts sharply with other personal loan categories, which experienced single-digit growth, according to Reserve Bank of India (RBI) data. Total outstanding gold loans reached Rs 1,54,282 crore by October 18, up from Rs 1,02,562 crore in March 2024. This represents a 56% year-on-year increase, compared to 13% in October 2023. Bankers attribute this rise to multiple factors, including borrowers moving from non-banking financial companies (NBFCs) to banks and a preference for secured loans over unsecured options. Bank loans to NBFCs have decreased by 0.7% to Rs 1.5 lakh crore during the same period.

ADOR, the sub-label of the K-pop giant, amid the ongoing drama between HYBE’s executives and Min HeeJin, who was ADOR’s former CEO and the girl group’s creative director. However, losing New Jeans has proven to be disastrous for HYBE.

Shiv Sena (UBT) leader Ambadas Danve said on Saturday. Danve said Maharashtra Navnirman Sena (MNS) chief Raj Thackeray's political position is ambiguous and people cannot understand whether he is supporting the state government or opposing it. «After every poll defeat, there are such talks (that the Thackeray cousins should come together). You will find these discussions every 8-10 days after an election verdict is out. Only they (the Thackeray cousins) can decide if they want to (come together). We have no role,» the Leader of the Opposition in the Legislative Council told reporters. The Uddhav camp loyalist added that Raj Thackeray's political stand is unclear.

The report also noted that the overall expenditure of the government is also expected to surge by 15 per cent. It highlights that despite an increase in populist schemes in the run-up to elections, the central government remains committed to investing in infrastructure development over welfare-driven measures. The report underlined that while populist policies have gained traction, especially in state elections, the central government's spending priorities show a balanced approach.

«I am happy to be back here and I am ready to start working and do whatever I can to help the people of Wayanad have a better future,» she told reporters outside the Karipur airport here. This is her first visit as MP of the Wayanad LS constituency.

Raut indicated that differences in Mahayuti forced caretaker chief minister Eknath Shinde to go to his village in Satara district amidst the government formation efforts. Notably, a key Mahayuti meeting scheduled on Friday was put off as Shinde headed to his native village, delaying government formation a week after poll results.

border.U.S. president-elect Donald Trump pledged this week to impose 25-per-cent tariffs on Canadian and Mexican imports until more is done to stem illegal border crossings and drug trafficking.The threat spurred calls from premiers and opposition leaders for the federal Liberal government to do more to secure Canada’s border.Among the voices was Alberta Premier Danielle Smith, who says she is considering creating a provincial border patrol.The eastern region for the RCMP includes Quebec and the four Atlantic provinces.

Borana Weaves Limited, which specializes in the production of unbleached synthetic grey fabric, has filed its Draft Red Herring Prospectus (DRHP) with markets regulator SEBI for an IPO. The issue size will be of up to 70,00,000 equity shares with a face value of ₹10 each, all of which will be issued as a fresh issue. Borana said its objective is to finance the cost of establishing a new manufacturing unit to expand its production capabilities to produce grey fabric at Surat. It also aims to secure funding for incremental working capital requirements and for general corporate purposes.

In a statement, Jairam Ramesh accused the Modi government of ignoring the «grim reality» of stagnant wages. He also accused Prime Minister Narendra Modi of «generating hype» while people continue to live in hope.

tax holiday” bill moves closer to becoming law, the deputy prime minister on Friday lamented what appears to be a lack of support for the proposed $250 rebate cheques that were originally part of the federal government’s plan.The $250 cheques for Canadians who worked and earned up to $150,000 in the past year were proposed last week alongside the two-month holiday on GST and HST on certain items as a way to ease affordability concerns. The Liberals’ plan is for the tax break to take place from Dec.

Canadian Prime Minister Justin Trudeau has flown to Florida to have dinner with President-elect Donald Trump at his Mar-a-Lago club after Trump threatened to impose sweeping tariffs on Canadian products

The report highlighted that the real GDP growth in the first half (H1 FY25) stood at 6.0 per cent, with a projected growth of 6.5-6.8 per cent in the second half (H2). As per report the manufacturing-led slowdown significantly impacted the overall economic performance. The industry sector's growth declined to a six-quarter low of 3.6 per cent in Q2, contributing to the subdued GDP numbers.

affluent buyers prioritising exclusivity, lifestyle enhancements, and high-end living spaces. Despite global economic uncertainties, the demand for premium real estate has remained robust, reflecting the long-term confidence of wealthy buyers in this investment segment. According to CREDAI-MCHI, the first half of FY 2024-25 witnessed an 18% growth in total sales value across India’s top seven property markets, reaching ₹279,309 crore. This growth came even as the number of units sold fell by 3%, indicating a strong preference shift toward luxury homes. Average home prices jumped to ₹1.23 crore, compared to ₹1 crore in the same period last year. Cities like Mumbai, Delhi-NCR, and Bengaluru have emerged as leaders in this segment. The Mumbai Metropolitan Region (MMR) retained its dominance with a stable average ticket size of ₹1.47 crore and a 2% rise in sales value to ₹114,529 crore. Other cities, including Hyderabad, Chennai, and Pune, also reported significant increases in average ticket sizes, highlighting a nationwide trend.

Zomato has closed its qualified institutional placement (QIP) to raise ₹8,500 crore, the company said in a filing to the stock exchanges on Friday. The shares were priced at ₹252.62 which is at a nearly 12% discount to Zomato's Thursday closing price of ₹286.10 on the BSE.

iQOO 13 is set to make its India debut on December 3 with the Snapdragon 8 Elite processor and claimed AnTuTu scores of over 3 million. iQOO has confirmed that the phone will come with a 6,000mAh battery and support for 120W fast charging.