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Guru Nanak's teachings stressed truth, justice, selfless service, and compassion. These messages continue to resonate with people from many cultures and religions. “There is but one God, and he is the eternal truth,” Guru Nanak famously said. Guru Nanak Jayanti is a time for reflection on these important principles. The day is often marked with prayer services, processions, and community meals.

Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates.

Sean Diddy Combs is currently held in the 4 North unit of Brooklyn's Metropolitan Detention Center (MDC) which is a facility known for housing high-profile inmates like Sam Bankman-Fried and R. Kelly, reported The Mirror US. The dormitory-style environment accommodates around 20 inmates and features unique aspects which include holes that allow inmates to see and communicate with women on a lower floor, revealed the former inmates. According to The Mirror US life in this unit for the inmates is described as somewhat monotonous while it has severely limited privacy with small beds placed closely together and very basic amenities like access to tablets for movies and games. Sean Diddy Combs is lodged in MDC and is awaiting trial on serious charges which includes sex trafficking and racketeering eventually which he has denied. Also Read: Stellar Blade x Nier Automata DLC: See release date, pricing and outfits

Kalina Marie made the decision to inform her followers of the events leading up to the day after viewers conjectured that there must be more to the story and asked how it could have reached that point without her knowledge, as quoted in a report by The New York Post. The pandemic prevented her and her husband, who have been together for nine years, from getting married when they had planned to after they became engaged in 2019.

Food services and hospitality company SKFS Group is acquiring 100% equity in Mirah Hospitality & Gourmet-which owns restaurant brands Rajdhani, Bayroute and Hitchki-for ₹80 crore. «We are looking to scale up the business nationally; we see this as a strategic acquisition to take forward our food services business, with fresh investments in upgradation of our existing outlets,» SKFS Group chairman Dinakara Shetty told ET. He said the group's existing business verticals «will align and synergise well» with the acquired restaurant brands.

Indian audit standards with global norms is a «major reform towards corporate governance and making India a developed country» by 2047, National Financial Reporting Authority (NFRA) chairman Ajay Bhushan Prasad Pandey told ET, while allaying fears it would lead to audit work concentration or disruptions. Pandey added that 39 of the 40 new audit rules proposed by the NFRA board this week will be applicable to all companies without any special dispensation. The revised standard on auditing (SA) 600, which proposes to make the principal auditor responsible for the entire corporate group's financial statements, would apply only to listed companies, banks and insurers, barring the state-run ones, he said. «We can't afford to have any standards that will be at variance with the global ones and which don't inspire trust and confidence of investors, both global and Indian,» Pandey said. «A developed India can't afford to have inferior audit standards. The upgrade will help detect any deviation or irregularity (in the financial performance of companies) at a very early stage, thereby protecting the interests of shareholders.»

AJ Bell's investments business has seen its assets under management grow to £6.8bn as at 30 September 2024, up 45%. As such, the OCF for the VT AJ Bell Income and VT AJ Bell Income & Growth funds will be reduced by 15 basis points, from 0.65% to 0.5%, from 1 November. AJ Bell is also offering smoothed income distributions for the two funds, comprising 11 equal monthly income payments and a final balance distribution in month 12. AJ Bell platform AUA up 22% in 12 months to £86.5bn Earlier this year, AJ Bell reduced fees on its Investcentre adviser platform to between 0.2% and 0.0...

Of the 22% of participants who responded to the survey after the election results were announced, 23% expect stronger global growth, compared to the full month's results of -4% and up from -10% in October.  The percentage of fund managers expecting a stronger US economy was 28% among the post-election respondents, -15% for the full month of November and -22% in October.  What is next for the US after Donald Trump's re-election? An acceleration in China's growth and US tax cuts were picked as the most bullish developments, while an unpredictable surge in bond yields and a global tra...

Mahindra Group CEO and Managing Director Anish Shah on Thursday pitched for a balance between tariff and non-tariff barriers for a stronger manufacturing sector in the country. «Indian industry needs no protection. We've had no protection for the last 20 years and if we had protection, we would not have the quality that we have today,» Shah said, while speaking at the CNBC TV18 Global leadership summit here. «With regard to duties, the questions are around non-tariff barriers along with tariff barriers… And frankly they should (be there) because that will put Indian manufacturing in a much stronger place,» he said. He was responding to a question on whether India needs to impose import tariffs on companies such as Tesla as they look at entering the Indian market.

Whoopi Goldberg's birthday dessert order over political views. Bakery owner Jill Holtermann shares that she did not deny the request because of Goldberg's politics and that she informed Goldberg two weeks ago that she was experiencing equipment issues in her kitchen, as quoted in a report by Entertainment. A 145-year-old New York bakery has denied Whoopi Goldberg's on-air claims that it refused to make special treats for her 69th birthday episode of The View due to her political beliefs. Shortly after closing Wednesday's episode of the show with a round of Charlotte Russe desserts at the Hot Topics table, Goldberg declined to name the bakery that made the desserts, speculating that they initially denied her order due to her political beliefs.

Subscribe to enjoy similar stories. The giant futuristic planned city of Neom is proving a headache for Saudi Arabia. Costs are up, schedules are delayed and in recent days the world’s largest construction project replaced its chief executive of six years.

Subscribe to enjoy similar stories. Mumbai: Recent regulatory curbs on options trading will actually give a fillip to BSE Ltd's ongoing efforts to make the Sensex and Bankex options more mature products, enabling the exchange to potentially generate higher premium turnover and earn more in transaction charges, according to bourse’s MD and CEO Sundararaman Ramamurthy.

Subscribe to enjoy similar stories. New Delhi: Clarity from the government on the issue of adjusted gross revenue (AGR) will move the needle on Vodafone Idea Ltd’s efforts to raise debt from lenders, its top executive said, adding that promoters, along with the management, were in discussions with banks for raising ₹35,000 crore.

ASML CEO Christoph Fouquet said on Thursday the ongoing boom in AI computer chips would help ASML by increasing the relative share of advanced logic and memory chips being made, leading to more sales of the company's best tools. At the company's investor day in Veldhoven, Netherlands, Fouquet said the company expected the chip market to grow 9% annually through 2025, passing the $1 trillion mark around 2030. «When it comes to 2030, we are still very, very bullish,» he said.

Hero MotoCorp Thursday beat street estimates to report 14% increase in net profit at Rs 1,203.54 crore for the second quarter ended Sep 30, 2024. The company had registered net profit of Rs 1,053.81 crore in the corresponding period of the last financial year. Analysts had expected the company to post net profit of Rs 1,156 crore last quarter.

Grasim Industries, the flagship company of Aditya Birla Group, on Thursday reported a 66% fall in its consolidated net profit at Rs 390 crore in the second quarter, compared with Rs 1,164 crore in the last year quarter. Revenue from operations, meanwhile, rose 11% YoY to Rs 33,563 crore in the reporting period.

Canadian pensions are underinvested in the country’s public markets, starving domestic companies of capital and exposing them to foreign takeovers, says the head of capital markets at Desjardins Group.

Microsoft Corp. and Royal Bank of Canada have agreed to buy carbon dioxide removal credits from Canada’s first commercial facility to suck carbon from the air.

Logistics aggregator Shiprocket and air cargo handling company Cargo Service Centre (CSC) have been selected by the government on a pilot basis to set up ecommerce export hubs in the country, a senior official said on Thursday. The ecommerce export hubs (EECH) will come in and around Delhi airport and begin operations in February next year, Director General of Foreign Trade Santosh Kumar Sarangi told reporters here. While Shiprocket is headquartered in Gurugram, the CSC is Mumbai-based.

Also in the letter: ■ NR Narayana Murthy’s interview with ET ■Uber India rolls out new features

Allcargo Logistics has clocked a net sales of Rs 689.80 crore in Q2 of FY25 up 79.43% from Rs 384.43 crore in Q2 of FY24. The quarterly net profit of the company stood at Rs 36.99 crore in Q2 of FY25 up 161.04% from Rs. 14.17 crore in Q2 of FY24. EBITDA of the company stood at Rs 30.66 crore in September 2024 up 28.02% from Rs 23.95 crore in September 2023.