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Subscribe to enjoy similar stories. Some are calling it a “Lost Decade." More than 10 years into the Xi Jinping era, it has become clear that much of China’s growth under his watch was driven by unsustainable borrowing, real estate speculation and investments in factories and infrastructure the country didn’t really need. Difficult reforms that could have unlocked more durable growth, such as steps to increase consumer spending, were neglected in favor of policies designed to bolster Communist Party control.

Subscribe to enjoy similar stories. Culture warriors aren’t the only ones applauding big businesses’ rollback of diversity, equity and inclusion initiatives. Quietly, so are some of corporate DEI’s architects.

Bank of Baroda traded 1.97 per cent in Monday's trade at 12:16PM (IST). Around 389,269 shares changed hands on the counter. The stock opened at Rs 241.35 and touched an intraday high and low of Rs 246.00 and Rs 239.10, respectively, in the session so far. The stock of Bank of Baroda quoted a 52-week high of Rs 298.45 and a 52-week low of Rs 214.85.

Gujarat's Kutch district on Monday morning, the Institute of Seismological Research (ISR) said. There was no report of any casualty or damage to property, the district administration said.

Subscribe to enjoy similar stories. North Korea and Russia are deepening their military cooperation, as Pyongyang ramps up the supply of arms to Moscow for the war in Ukraine and receives much needed cash and oil from the Kremlin in return. Recent satellite images show that North Korea is shipping more munitions to Russia and is expanding arms production at home to churn out the weapons Moscow needs to feed its voracious war machine.

Subscribe to enjoy similar stories. Stacy Ann Sipes thought she had her daughter’s phone locked down. For her daughter’s first iPhone, at age 14, Sipes used Apple parental-control settings to block Instagram and Snapchat.

IndusInd Bank will be in focus after the Reserve Bank of India imposed a penalty of Rs 27.30 lakh on IndusInd Bank for non-compliance with certain provisions of norms related to 'interest rate on deposits'. The RBI had conducted a statutory inspection for supervisory evaluation of the bank with reference to its financial position as on March 31, 2023, and had issued a notice to the private sector lender.

investment decisions. This obsession with price movements reveals a fundamental misunderstanding about what stock prices mean and how they should influence investment decisions. The problem isn’t just the unhealthy fixation with short-term fluctuations; it’s the flawed mental model many investors have about stock prices. Many investors believe that a stock with a low price is somehow ‘cheaper’ and, therefore, a better buy than the one with a high price.

Subscribe to enjoy similar stories. Top billionaire investor and D-Mart promoter Radhakishan Damani opposed the candidate for chairmanship proposed by British American Tobacco (BAT for its Indian unit VST Industries Ltd, leading to his rejection at a shareholder vote, according to voting disclosures and an executive privy to the development. Opposition from Damani, who owns nearly a third of India's third largest cigarette maker, marks a rare episode of opposition from the investor who holds more than 1% shares in 11 publicly listed companies.

Subscribe to enjoy similar stories. Deep Tech encompasses groundbreaking ideas rooted in science and engineering, tackling major global challenges. These innovations stem from fundamental research with specific commercial applications.

Subscribe to enjoy similar stories. A dozen companies including state-run Bharat Heavy Electricals Ltd (Bhel) and the Indian entity of Korean automaker Kia Motors will be excluded from the production-linked incentive (PLI) scheme for automobiles and auto components, two people aware of the matter said, since these companies have made no investments under the scheme since it was launched in 2021. Some of these companies including Kia India Pvt.

5G phones, triggered by the likely availability of more aggressively priced devices in the sub-₹10,000 range. Top handset brands seeking to clear this year's inventory of base 5G devices at discounts exceeding a sixth of the sticker prices should push volumes further, handset industry trackers said. Market researcher Counterpoint Research estimates pan-India penetration of base 5G smartphones will jump to 43% by end-2025 from an estimated 3% in year 2024, amid falling device prices, rising adoption of the next-gen wireless broadband service and a likely pick-up in upgrades to 5G devices at the entry-level. «The recent launch of sub-₹10,000 5G phones by the likes of Poco (C75) and Xiaomi (A4 5G) is set to intensify competition and potentially drive rival handset brands to also cut pricing of base 5G smartphone models down to similar levels. This is expected to sharply increase the pan-India penetration of entry-level 5G phones in 2025,» Counterpoint's research director Tarun Pathak told ET.

Last year, actor Sushmita Sen shared her experience of surviving a heart attack despite having a 95% blockage in one of her arteries. Her cardiologist, Dr. Rajiv B Bhagwat from Nanavati Max Super Speciality Hospital, emphasized that her fitness routine played a crucial role in saving her life. A daily fitness schedule conditions the muscles and tissues in such a manner that they can expand and withstand the stress of less oxygen in the blood, Dr. Bhagwat explained. Regular and moderate exercise helps store energy in muscles, which is crucial during a cardiac crisis. Sushmita’s good blood flow ensured minimal damage to her heart during the episode.

India and Kuwait signed four Memorandum of Understandings in the areas of defence, sports and cultural cooperation during Prime Minister Narendra Modi's visit to the Gulf nation, the Ministry of External Affairs said on Sunday. MEA Secretary CPV and OIA, Arun Kumar Chatterjee during a special briefing today, said the MoUs are expected to deepen the multifaceted bilateral relationship as well as open avenues for newer areas of cooperation. «Following the delegation level talks today, four bilateral documents were signed during the visit. The first one is a Memorandum of Understanding on defence cooperation, the second one is a Cultural Exchange program for the years 2025-2029, the third is an executive program on cooperation in the field of sports for the period 2025- 2028. We also had Kuwait joining as a member of the International Solar Alliance (ISA),» he said.

Subscribe to enjoy similar stories. The U.S. and China are in a high-stakes race, with the energy security of America and its allies hanging in the balance.

Subscribe to enjoy similar stories. Indian farmers get only one-third of the final selling price, with the rest being enjoyed by the traders, wholesalers and retailers among themselves." Having worked closely with the agrarian economy for over two decades now, I found the conclusions of this research paper published by the Reserve Bank of India (RBI) to be an affirmation of my frequent observations and pre-suppositions about general practices in the country’s agriculture sector. Creating essential market linkages and consolidating farmers under umbrella bodies should have helped solve much of that problem.

Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials. He was 26.

Subscribe to enjoy similar stories. Chaos isn’t a pit. Chaos is a ladder. Many who try to climb it fail and never get to try again. The fall breaks them. And some are given a chance to climb. They refuse, they cling to the realm or the gods or love. Illusions. Only the ladder is real. The climb is all there is.—Petyr ‘Littlefinger’ Baelish The previous part of this article discussed how many economic miracles have been midwifed amid the chaos of global geopolitics.

Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment. Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20). However, the trend reversed in the latter half of the week, with FPIs offloading equities worth over Rs 4,102 crore in the subsequent three sessions. This resulted in an overall net outflow of Rs 976 crore during the week, data from National Securities Depository Limited showed.

bearish trend in equities, where Tata Consultancy Services and Reliance Industries faced the sharpest erosion. Last week, the BSE benchmark tanked 4,091.53 points or 4.98 per cent. «The Indian equity market recorded its steepest weekly decline since June 2022, with the Nifty losing 4.77 per cent. The week began with the US Federal Reserve's announcement, which significantly altered market sentiment.

Federal Reserve cut the interest rates by 25 basis points from 4.75% to 4.5%. This move had served as a key trigger for the market decline of 2.85% in S&P 500. Such a sharp fall in the index sent chills down investors’ spine. Most are wondering whether there is more pain in the offing. Unfortunately, the answer is yes. Let’s see why I am saying this.