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While the senior living industry in the country is still in the nascent stage, companies that are currently providing such services are increasingly looking at the government to offer some relief at the policy level. Speaking on the sidelines of Association of Senior Living India's Ageing Fest in Bengaluru, association chairman Ranjit Mehta told ET: «There’s no single nodal agency — we currently deal with the Ministry of Social Justice, Urban Affairs and Housing, and Health. We’ve requested the government to streamline this.»

Formula 1 on Friday announced a five-year extension with the Chinese Grand Prix that will see the Shanghai International Circuit remain on the calendar through the 2030 season. As per a release from F1, the extension follows Formula 1's successful return to China in 2024 after a five-year absence, where 200,000 passionate fans attended the race to see Max Verstappen take victory in both the Sprint and the Grand Prix. In the 20 years since its first race, the 5.45km Shanghai International Circuit has established itself as a favourite of drivers and fans alike. The drivers relish the unique challenge the circuit provides, including the ever-tightening Turns 1 and 2, and high g-force Turns 7 and 8, and fans come to enjoy incredible racing and the vibrant culture of the city of Shanghai.

The offering is entirely an offer for sale by the promoter, LG Electronics Inc., which plans to sell 101.8 million shares, or 15% of the equity capital.

Palantir Technologies and defense tech company Anduril Industries have partnered to use defense data for artificial intelligence training, the companies said on Friday. The partnership will leverage Palantir's AI platform to structure, label and prepare defense data for training to deploy those models onto national security systems, while Anduril's systems will aid in the retention and distribution of government defense data. Companies across sectors have increasingly shifted focus toward AI to automate their workflows. However, its application in defense is still nascent, as data needed to train models in the sector is sometimes sensitive.

Trump gathered his top advisers in the tearoom at his Florida resort, Mar-a-Lago, to plan the transition to his second-term government. Trump had brought two of his most valued houseguests to the meeting: billionaire Tesla boss Elon Musk and billionaire Oracle co-founder Larry Ellison. Trump looked around the conference table and issued a joking-not-joking challenge. «I brought the two richest people in the world today,» Trump told his advisers, according to a person who was in the room. «What did you bring?»

TikTok, which is owned by Chinese company ByteDance, have prompted the U.S. government to pass legislation banning the social media platform unless it is sold to a government-approved buyer. President Joe Biden signed into law legislation that gives ByteDance up to a year to divest from TikTok. The company lost its first legal effort to overturn the law on Friday, when a panel of three federal judges unanimously rejected TikTok's argument that the law violated the First Amendment. The company pledged to appeal the decision to the Supreme Court. TikTok, which boasts 170 million users in the United States, could be banned as soon as mid-January, unless it receives a court-ordered injunction that would pause the law from taking effect as the appeal proceeds. There is also a chance that President-elect Donald Trump will try to rescue the app.

Mahatma Gandhi was unveiled in the State Capitol building in Nebraska as December 6 was proclaimed as a day of remembrance for Gandhi in the US state, honouring the principles of non-violence, tolerance and justice championed by the iconic Indian leader. Governor Jim Pillen of Nebraska unveiled the bust of Mahatma Gandhi on Friday at the Governor's Office in the iconic Nebraska State Capitol premises in Lincoln. This marks the first installation of Gandhi's bust in any State Capitol premises in the nine states that come under the consular jurisdiction of the Indian Consulate in Seattle.

Syrian rebels said they seized control of the southern city of Daraa on Saturday, the birthplace of a 2011 uprising against President Bashar al-Assad and the fourth city his forces have lost in a week. Rebel sources said the military agreed to make an orderly withdrawal from Daraa under a deal giving army officials safe passage to the capital Damascus, about 100 km (60 miles) north. Social media videos showed rebels on motorcycles and others mingling with residents on the streets. People fired shots into the air at the city's main square in celebration, according to the videos.

Info-x Software Technology Pvt Ltd, through its director Rishi Parti, has bought a 16,000 sq ft penthouse at DLF's ultra-luxury The Camellias in Gurugram for ₹190 crore in one of the costliest apartment transactions in the country. The deal was registered on December 2, and the company paid ₹13 crore stamp duty for the transaction, showed documents accessed through CRE Matrix, a real estate data analytics firm. In October 2023, ET reported about the first ₹100-crore transaction in the same residential complex located at the Millennium City's Golf Course Road.

«India is one of the fastest-growing markets from the standpoint of consumers blending their consumption habits across shopping, entertainment, education, and experiences. I think all these dimensions evolve at a faster pace in India, which is exciting for marketers,» he added. Owned by advertising giant WPP, VML is the world's largest creative advertising company formed through the merger of Wunderman Thompson and VMLY&R in October 2023. It operates 150 offices in 64 markets, employing over 26,000 people globally.

Apple is preparing to launch its long-awaited series of cellular modem chips next year, which will replace components from longtime partner Qualcomm, Bloomberg News reported on Friday. The iPhone maker is looking to ultimately overtake Qualcomm's technology by 2027, the report said, citing people familiar with the matter. Qualcomm, a leading designer of modem chips that connect phones to mobile data networks, has warned investors that Apple will eventually stop using its chips.

Zerodha's chief executive, Nithin Kamath, said on Friday that those investing in senior care ventures need to view it as a journey of 15-20 years rather than the traditional startup cycles of 7-10 years. Entrepreneurs need to focus on steady growth rather than rapid scaling, he said. “This isn't about catching a trend. The key is not to build short-term. You're trying to build something before the market fully develops,” he said, speaking at the Association of Senior Living India’s Ageing Fest in Bengaluru. He emphasised the need to mainstream the idea of ‘senior care’ and bring more awareness to remove the social stigma that exists in society. “There needs to be more effort to build beyond the top 25%,” he added.

Diddy faces a bleak Christmas in jail as the basic holiday menu is revealed. It appears that Sean Diddy Combs will have to give up his luxurious way of life in order to spend a gloomy Christmas in prison. A sombre look at the troubled rapper's Christmas Day menu has emerged as he gets ready to spend the holiday season behind bars. It is a far cry from the lavish celebration he typically flaunts on social media, as quoted in a report by the Blast. After Sean Diddy Combs' third attempt to obtain bail was turned down by a judge who determined that he would be a danger to society if freed, this meal update was released.

«The prime area of concern is the health of our forces which needs to be reviewed from time to time. Cardiovascular diseases and diabetes are seen as major contributors,» he said, adding that the government is committed to addressing these issues through increased funding and healthcare support for the forces. The event, which marked a milestone for the cardiology community, brought together experts and professionals committed to advancing cardiovascular health in India.

Orry's airport looks, Passi's art soirees and the drama of other Bigg Boss contestants. This isn't merely a shift, it's an evolution, a satire on steroids. Who needs spiritual enlightenment when you have Orhan Awatramani, a.k.a. high priest of selfies and paid appearances? His Instagram captions — equal part-enigmatic and grammatically adventurous — are the modern-day Bhagavad Gita for Gen Z. He teaches us that the true meaning of life lies in jet-setting to obscure fashion weeks and hopping from one lavish party to another with the dedication of a child chasing his lollipop.

A review of the growth-inflation dynamic by the MPC places a bigger downside risk on the former, which calls for a tactical response where a strategic one is not immediately available. Hence, the lowering of cash reserve ratio (CRR) to pull interbank rates down closer to the policy rate, and higher interest rate ceilings for foreign currency deposits to ease pressure of the dollar's rise and capital outflows on the rupee.

The officials told New York Times that the satellite, currently in a high-radiation graveyard orbit, may be carrying a dummy warhead and testing components for a device that could destroy numerous satellites. Cosmos 2553 was launched 19 days before President Vladimir Putin ordered the invasion of Ukraine on February 24, 2022. The satellite orbits Earth every two hours in an area rarely used due to high radiation. Russia's ministry of defense said that the spacecraft was «equipped with newly developed onboard instruments and systems for testing them under conditions of exposure to radiation and heavy charged particles.»

insurance product recently introduced in global markets — natural catastrophe bonds, or 'cat bonds' — is being discussed. This unique hybrid insurance-cum-securitised financial product transfers hazard risk from the victim nation to global financial markets. Cat bonds can lower the risk curve for low-frequency, high-impact hazards. Given India's credit standing and scale of its hazard risk profile, it could be cost-effective to sponsor such an instrument, through an intermediary like World Bank or ADB. The intermediary holds the principal amount until maturity as surety for the payout to the sponsoring country and assures its return to bond investors on the maturity of the cat bond. Since catastrophe risk is difficult to forecast, disaster scientists assume that such a high-risk investment would be unprofitable for investors. On the contrary, risk-seeking investors find the disaster risk curve most attractive for diversification, since climate events are not correlated with financial market movements.

Paytm operator One 97 Communications on Friday informed exchanges about the company's plans to sell its stake in Japanese digital payments company PayPay Corporation. Paytm in its regulatory filing said the board of directors of One97 Communications Singapore Private Limited in a meeting on Friday gave an approval for the said transaction. One97 Communications Singapore is a wholly-owned subsidiary of Paytm Singapore.

Bannari Amman Sugars Ltd.(up 2.63%), Magadh Sugar & Energy Ltd.(up 2.15%), DCM Shriram Industries Ltd.(up 1.40%), EID Parry(India)Ltd.(up 1.27%), Sakthi Sugars Ltd.(up 0.80%), Rana Sugars Ltd.(up 0.30%), Triveni Engineering & Industries Ltd.(up 0.25%), Ponni Sugars(Erode)Ltd.(up 0.07%) and KM Sugar Mills Ltd.(up 0.06%) stood among the top gainers.