Sri Lanka has officially exited default after Fitch Ratings upgraded its credit rating. The upgrade follows successful international sovereign bond restructuring and improved macroeconomic indicators. The country secured an IMF bailout in March 2023 after facing an economic crisis the previous year. President Dissanayake announced flexibility with the IMF on tax regimes, aiming to ease the burden on lower earners.
A recent appearance of Angelina Jolie at a red carpet for her Maria Callas' biopic has sparked concerns about her health on social media. Many fans are obsessed over her unhealthy appearance and promoting unhealthy dieting practices. Many have predicted it could be due to the stress of the ongoing, messy divorce battle with Brad Pitt.
Syrian rebels appointed a new foreign minister after overthrowing President Assad. The new leader, Ahmed al-Sharaa, aims to rebuild the nation and establish international relations. Sharaa's group, formerly linked to al Qaeda, took control of Damascus. The US removed the bounty on Sharaa. The war-torn country seeks peace and economic recovery after years of conflict.
"Several factors contributed to this surge in Investor interest, including the US Federal Reserve’s rate cuts, escalating geopolitical tensions, and unprecedented demand from central banks."
Explore the top 7 places in Kashmir to experience snowfall right now, from the serene valleys of Kupwara to the snowy peaks of Gulmarg and Sonamarg. Discover winter magic and breathtaking landscapes.
King Charles is making genuine efforts to bond with his grandchildren, Prince Archie and Princess Lilibet, this Christmas.
“In the near term, defensives like pharma, IT, and consumer sectors might act as safe havens. These sectors have underperformed over the past two to two-and-a-half years. During this time, markets were driven by real estate, capital goods, defense, railways, and other capital formation-related stocks, many of which have moved ahead of fundamentals.”
Union Home Minister Amit Shah urged banks to create Northeast-specific financial guidelines, recognizing the region's unique circumstances. He emphasized the Northeast's investment potential and urged banks to contribute to its development by adapting their policies and connecting all villages to banking services. Shah highlighted the region's export potential through the Chittagong port, aiming for inclusive national development.
The NYT word game, Connections, continues to enchant puzzle enthusiasts around the globe with its distinctive mix of logic, vocabulary, and wordplay.
Volatility spiked significantly, with the India VIX rising 15.48% to 15.07 over the week. The Nifty ended the week with a sharp decline of 1,180.80 points (-4.77%), underscoring several technical developments that emphasize the significance of key levels.
Is Elon Musk and Donald Trump friendship is doomed to fail? Elon Musk, one of the closest allies of Trump, has been at the forefront and taking charge on all crucial matters. Comedian-actor Seth Meyers has mocked the alliance and has predicted that it would end in a disaster. Meyers also slammed Musk's social media posts about the potential government shutdown.
It all started post-Covid. A number of large industrial houses announced their entry into the paint industry. From the JSW group to JK Cement, and Grasim to Pidilite, all of them entered a sector which had for long been dominated by the likes of Asian Paints. Now combine this with the fact that the Asian Paints stock, one of the biggest wealth creators on the market, has been underperforming for the last four years. Has the market priced in all the competition? Or is the sector likely to see a longer... Читать дальше...
BJP MLC C T Ravi, recently arrested and released, claims a threat to his life from Deputy CM D K Shivakumar and Minister Laxmi Hebbalkar. He alleges a conspiracy, citing his arrest and transport through isolated areas as evidence. Ravi demands government protection and a judicial probe into police conduct, asserting his respectful treatment of Hebbalkar despite accusations.
Avoid combining ghee with honey, fish, radish, curd, fruits, hot water, and tea or coffee, as these pairings can disrupt digestion and may lead to health issues. Consult a dietitian or Ayurvedic practitioner for personalized advice.
IndiGo now flies directly between Chennai and Penang. This is IndiGo's 37th international destination and third in Malaysia. The new route offers convenient travel for business and leisure. Chennai Airport hosted an inaugural ceremony. The direct flights reduce travel time. Chennai acts as a connecting point for travelers from other major Indian cities.
Housing supply in India's top nine cities is projected to decline 33% and sales by 21% in Q4 2024 compared to the same period last year, according to PropEquity. However, both supply and sales saw a quarter-over-quarter increase. Delhi-NCR was the only city to experience year-over-year growth in both categories, defying the national trend.
ELI under EPFO: The deadline for activating Universal Account Number (UAN) and linking of bank account to Aadhaar for getting Employement Linked Incentive Scheme (ELI) benefits has been extended again. The original deadline was November 30, 2024 which was later extended to December 15, 2024. This deadline has now again been extended.
Bengaluru-based Unimech Aerospace will launch its Rs 500 crore IPO on December 23, with a price range of Rs 745-785 per share. The offering includes a fresh equity issue of Rs 250 crore and an OFS of Rs 250 crore by promoter shareholders. Bidding will close on December 26.
Indian wealth soared in 2024. Billionaires' net worth increased substantially. Luxury real estate boomed, with significant domestic and international investments. Indians indulged in high-end goods and experiences. The Ambani family's extravagant events exemplified this trend. Wealthy Indians focused on investments, favoring equity, debt, and real estate. Portfolio Management Schemes yielded high returns. Philanthropy and ESG investments gained traction.
Stakeholders in India's National Pension System (NPS) launched the Association of NPS Intermediaries to boost the system's reach and subscriber welfare. With over Rs 13.7 lakh crore in assets under management, the NPS is gaining popularity as a retirement solution. The association aims to promote the NPS, improve its framework, and expand pension coverage throughout India.
Virat Kohli's One8 Commune pub in Bengaluru faces legal trouble after a complaint alleged fire safety violations. The BBMP issued a notice, giving the establishment a week to explain the lack of fire safety clearance. This follows a previous incident where the pub was penalized for operating beyond permitted hours.
Jared Leto is confirmed to play the character of Skeletor for the upcoming live-action film Masters of the Universe, reported Variety. Skeletor is considered to be the arch-enemy of Eternia's greatest warrior, He-Man. The 'Masters of the Universe is based on Mattel's famous toy line that spawned a successful animated TV series (1983-85) as well as a 1987 film.