New Year Resolutions: As 2025 approaches, setting simple and achievable resolutions can help improve financial health, physical and mental well-being, productivity, personal growth, and relationships. Key steps include saving more, exercising regularly, limiting screen time, learning new skills, and spending quality time with loved ones. These resolutions provide motivation for a successful year ahead.
The Reserve Bank of India will introduce a name look-up facility for RTGS and NEFT systems by April 1, 2025. This will allow remitters to verify the beneficiary's name, reducing errors and fraud. National Payments Corporation of India will develop this feature, which will be available through Internet banking, mobile banking, and bank branches.
NYT Connections has been captivating players with its blend of simplicity and complexity.
Jimmy Carter, the 39th US president, died at age 100 in Plains, Georgia. He served one term from 1977 to 1981 and later focused on humanitarian efforts. Carter, a Nobel peace laureate, is remembered for his dedication to peace, human rights, and unselfish love, and lived modestly after his presidency.
The Walmart Birkin bags, also known as the “Wirkin,” have become the latest fashion obsession, capturing the attention of TikTok users worldwide.
2,361 NCC cadets are participating in a month-long Republic Day camp in Delhi Cantonment. The camp includes 917 girl cadets, the largest number so far. Cadets and officers from 14 friendly foreign countries are also partaking as part of a Youth Exchange Programme. The event aims to instill patriotism, discipline, and leadership qualities among the cadets.
Defence Minister Rajnath Singh announced that India's defence exports have risen from Rs 2,000 crore to Rs 21,000 crore in a decade. The country aims for Rs 50,000 crore by 2029. He emphasized the importance of mastering new warfare technologies and strengthening the training of military personnel. Singh also highlighted the government's dedication to economic and military power.
Silent firing is becoming common as 10% of employers opt for layoffs due to technology. Over half of surveyed employees report exclusion and undue pressure from management. While 79% of employers prioritise upskilling, a divide remains on the reliance on AI. The impact of technology raises concerns about job relevance and employee morale.
Ethereum, despite its pivotal role in the crypto ecosystem and widespread adoption of ERC-20 tokens, struggles with price stagnation, remaining below $4,000. Meanwhile, Remittix, a new ERC-20 token enabling instant international payments in 30 fiat currencies, shows promising potential for significant growth, potentially benefiting from Ethereum's robust technological foundation.
The year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent One 97 Communications, Byju’s, Swiggy, and Flipkart. Startups cut about 11,250 jobs during the January-June period this year, as per data from executive search firm Longhouse Consulting.
The year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent One 97 Communications, Byju’s, Swiggy, and Flipkart. Startups cut about 11,250 jobs during the January-June period this year, as per data from executive search firm Longhouse Consulting.
Industry bodies have urged the Finance Minister to consider reducing personal income tax rates, lowering excise duty on fuel, and implementing measures to boost employment-intensive sectors in the upcoming budget. Concerns about Chinese product dumping, food security, and inflation due to climate change were also highlighted.
Asset quality stress in the microfinance sector doubled from April to September 2024, with loans overdue increasing from 2.15% to 4.30%. Borrower indebtedness also rose, impacting credit growth and prompting RBI to take supervisory actions against high interest rates. Banks are de-risking by limiting book growth.
Refex Renewables & Infrastructure on Monday said its arm Refex Sustainability Solutions Ltd (RSSL) has completed acquisition of 51 per cent stake in Vyzag Bio-Energy Fuel.
Norovirus cases in US: Norovirus, often referred to as the stomach flu, has been seeing a surge in the United States. The spike in cases mirrors trends in Minnesota, where the state saw double its average December cases, according to local health authorities. Norovirus is the leading cause of vomiting and diarrhoea due to gastroenteritis – inflammation of the stomach and intestines.
Rexas Finance (RXS) stands out as a promising altcoin with strong presale performance, having rapidly appreciated from $0.030 to $0.150. The platform focuses on real-world asset tokenisation, offering innovative products like Rexas Estate and Rexas Launchpad. It's highly secure due to a rigorous Certik audit, and it actively engages its community through initiatives like a $1 million giveaway.
Gold prices rose Rs 150 to Rs 79,350 per 10 grams in the national capital on Monday, according to the All India Sarafa Association. Traders said the potential for upside appears to be limited for gold in the short term, as the market participants are primarily focused on Trump's tariff measures and economic policy, which could determine the direction of the metal next year.
Flying taxi startup Volocopter said Monday it was filing for insolvency, days after another fellow German company in the field, Lilium, was saved from collapse. Last week a company set up by a consortium of European and North American investors swooped in to save Lilium, which had filed for bankruptcy in October.
Flax seeds may be tiny, but they pack a big punch when it comes to health benefits. If you're looking for a simple way to boost your nutrition, adding flax seeds to your daily routine can be a game-changer.
India bolsters its naval defense with Rs 2,867 crore contracts with Mazagon Dock Shipbuilders Limited and Naval Group, France, aimed at enhancing Kalvari-Class submarines. Mazagon Dock will construct an AIP Plug to extend submarine endurance, while Naval Group will integrate an Electronic Heavy Weight Torpedo system to improve firepower and tactical capabilities.
In 2025, Social Security will implement a 2.5% cost-of-living adjustment and increase the maximum taxable earnings to $176,100. Additionally, the earnings threshold for early retirees will rise, with adjustments meant to boost future benefits despite potential short-term reductions for those still working.