British International Investment Plc will invest Rs 650 crore in Mahindra’s electric vehicle unit MEAL by March 31, 2025. This is a reduction from the initially planned Rs 725 crore. The investment will bring BII Group's total investment to Rs 1,850 crore, giving them a shareholding of up to 4.58% in MEAL.
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Begin by defining your investment goals and risk tolerance. Educate yourself on mutual funds and invest for the long term. Avoid panic selling during market downturns. Regularly review and rebalance your portfolio to achieve your financial objectives.
Bandhan Nifty Alpha Low Volatility 30 Index Fund aims to replicate the Nifty Alpha Low Volatility 30 Index by investing in its securities in the same proportion, seeking to deliver returns (before expenses) that closely track the index's total return, subject to tracking errors.
Union Budget: New home sales in India decreased in 2024 for the first time since the pandemic due to rising housing prices and high borrowing costs. While affordable housing demand weakened, the luxury market remained strong. The industry anticipates supportive measures in the upcoming Union Budget to revive demand.
Generation Beta, born between 2025 and 2039, will grow in a technologically advanced world with autonomous transportation and wearable health technologies. They will face challenges like climate change and urbanisation. Their adaptability and collaboration will be crucial to ensure sustainability is fundamental. Understanding their needs is vital for shaping future society.
The Confederation of Indian Textile Industry (CITI) has urged the government to implement targeted initiatives to boost investment and growth in the Textile and Apparel sector, with the aim of reaching an export target of USD 100 billion by 2030. This includes leveraging emerging opportunities under new US policies and seeking extended policy support for competitiveness.
India has begun a countervailing duty investigation on increased imports of Calcium Carbonate Filler Masterbatch from Vietnam, following a complaint by domestic manufacturers. The probe aims to determine the impact of subsidized imports and may result in duties to protect Indian industries.
Amidst legal drama in Delhi's judiciary, Arvind Kejriwal's arrest in the 2021-22 excise policy case, his subsequent bail, and high court interventions dominated 2024. High-profile cases involving politicians like K Kavitha, Jagdish Tytler, Engineer Rashid, and Satyendar Jain also kept the courts busy, shifting focus towards potential trials in 2025.
BJP leader Shehzad Poonawalla criticised Congress leader Rahul Gandhi for allegedly prioritising leisure and party activities over national concerns. Poonawalla accused Gandhi of neglecting significant events such as the demise of former Prime Minister Manmohan Singh and the 26/11 Mumbai attacks, suggesting a pattern of indifference.
India's Jasprit Bumrah and England's Joe Root are nominated for the ICC Test Cricketer of the Year award. Harry Brook and Sri Lanka's Kamindu Mendis are also in the list. Bumrah impressed with 71 wickets from 13 matches. Root scored 1,556 runs in 17 Tests. Brook and Mendis had notable performances too.
South Korean officials will inspect all Boeing 737-800 aircraft operated by the country's airlines after a plane crash killed 179 people. The incident occurred when a Jeju Air plane failed its second landing attempt, resulting in a tragic crash. Investigations are ongoing, and the government is taking steps to ensure aviation safety measures are improved.
Hyderabad's Nampally District Court postponed the hearing on Allu Arjun's bail petition in the Sandhya theatre stampede case to January 3. The stampede occurred on December 4 during the premiere of Pushpa 2, resulting in the death of a woman and injuries to her son. Allu Arjun and the filmmakers have provided financial support to the victim's family.
Prime Minister Narendra Modi expressed condolences over the death of former US president Jimmy Carter. He praised Carter as a statesman who worked for global peace and strong India-U.S. ties. Carter, the longest-lived US president, passed away at the age of 100 at his home in Georgia, surrounded by family.
The introduction of Digital Life Certificate has significantly streamlined this process, making it more convenient and efficient for senior citizens. A Digital Life Certificate (DLC) is an electronic document that confirms the survival of a pensioner.
Retailers have recorded a 7% growth in the 2024 festive season as per the Retailers Association of India. This is lower than the anticipated 10% growth. West India led with 8% sales growth. Food and grocery category saw the highest growth at 14%, with QSR and jewellery following at 10% and 9% respectively.
World's richest man, Elon Musk, has warned that United States of America is going bankrupt and dollar's value could be nothing if precautionary measures are not taken soon. Elon Musk’s alarm centers on the ballooning U.S. national debt, which currently stands at $36.17 trillion. In fiscal year 2024, interest on US federal debt totaled $1.1265 trillion, while the federal government collected $4.92 trillion in revenue.
AI engineering is increasingly in demand across various sectors due to its role in enabling technologies from fraud detection to autonomous vehicles. It requires programming, machine learning, and analytical skills. Professionals continuously learn to thrive in this rapidly evolving field, contributing to digital transformation through strategic and technical capabilities.
China has deployed 400 military personnel to the Larung Gar Buddhist Academy in Tibet. New restrictions include a 15-year maximum stay for residents and mandatory registration. These measures aim to control the academy's population and restrict religious freedom. Larung Gar, a major Tibetan Buddhist centre, now faces increased state surveillance and limitations.
Maruti Suzuki Dzire has achieved a major milestone with production surpassing 3 million units since its debut in 2008. The car remains a key model in Maruti Suzuki’s lineup, reflecting strong demand for affordable sedans. Significant exports and the launch of the fourth-generation Dzire in 2024 further underscore its success.
Debt market sentiments are subdued due to a sharp rise in 10Y US govt bond yields following a slower pace of rate cuts hinted by the FOMC and anticipated fiscal measures by the Trump administration. Meanwhile, Indian inflation remains within the RBI’s target range, and rate cut cycles globally suggest potential returns for long-duration funds in 2025.
Indian Economy Forecast for 2025: India's economic growth has slowed to a seven-quarter low of 5.4% in July-September 2024, impacted by reduced urban spending and high inflation. Analysts are concerned about future growth, urging the RBI to cut key policy rates. Government officials remain optimistic, citing rebounding rural demand, the impact of elections, and improved public expenditure.