Women are prohibited from working in certain industries which are deemed "dangerous" such as glass industry, fat and oil extraction industry and pesticide industry. These prohibitions mean that a woman's monthly income may be 12% to 21% lower as she has to opt for the likes of less paying food processing, paper and bead industry.
The RBI's stress test on 46 banks showed that all banks maintained an LCR above the 100% minimum in stress scenario 1, while two banks failed in stress scenario 2. The average LCR declined to 128.5% in September 2024 due to increased cash outflows, with public sector banks falling to 127.4% and private sector banks at 126.1%.
Gold prices fell 0.7 per cent on Monday even though gold rate has surged nearly 27 per cent this year.
The Reserve Bank of India warns of potential risks as nearly half of credit card and personal loan borrowers also have mortgages or vehicle loans. Stress in the microfinance sector worsens, with increasing delinquency rates and rising borrower indebtedness, prompting RBI's supervisory actions against excessive interest rates.
President Joe Biden honored Carter’s lifelong commitment to humanity, reflecting on the values that defined his leadership.
India launches door-to-door mobilisation drive to train 3,800 adolescent girls in 27 districts across 19 states in skills like IT and hospitality, aiming to increase female workforce participation and economic growth. The project offers incentives and holistic development, targeting early workforce entry.
AI is projected to assist chefs in 2025 by helping with recipe creation and perfecting techniques. However, chefs will still lead in creativity, intuition and storytelling. Renowned chefs, including Manish Mehrotra and Kunal Kapur, agree that human chefs' unique style and creativity are irreplaceable. AI may aid but not surpass chefs' expertise.
In a recent development it has been known that Tesla CEO Elon Musk is trying his level best to calm US President- elect Donald Trump allies namely Laura Loomer and Steve Bannon down following recent MAGA war on H1-B visas and immigration.
The Darkening of Tristram event in Diablo 3 returns on January 3, 2025. This annual event takes players back to the retro-styled world of Diablo 1. Players can unlock nostalgic loot and experience classic gameplay.
This New Year’s Eve and New Year’s Day, brighten the lives of your friends and family with these curated Happy New Year Wishes 2025.
A Luigi Mangione lookalike lands a date with a stunning model who slid into his DMs after his Instagram post sparked attention.
The Indian economy is expected to see strong growth next year, contingent on improved consumption, investment, lower inflation, and interest rates, along with a stable geopolitical environment. Significant factors include a revival in rural and urban demand, boosted public investment, and potential impacts from US trade policies.
Korean scientists at KAIST have developed ground-breaking technology that transforms colon cancer cells into normal cells, preventing their destruction.
Indian aviation is poised for growth in 2025 with new aircraft and airport upgrades. Over 1,600 aircraft are on order. However, airfares will stay high due to elevated costs. Domestic passenger traffic will grow by 7-10%, and international traffic by 15-20%. Airport expansions will support annual growth through 2028, even as passengers face high fares.
Martin Luther King Jr. is one of the most celebrated political entities and a particular day, which is January 20, is celebrated each year as 'MLK Day'. However, very interestingly, MLK Day falls on the very date this year when Donald Trump's inauguration ceremony is going to be held. This is quite ironic, and for a multitude of reasons
Bangladeshi student group 'Students against Discrimination' plans to proclaim the July mass uprising as a 'revolution' on December 31, potentially declaring a new republic and denouncing the Constitution. The move, allegedly supported by chief adviser Md Yunus, aims to delay elections and may deepen the political crisis in Bangladesh.
In 2025, travel trends will emphasize mindful exploration, with a rise in interest for dark-sky destinations and celestial events. Technology will play a significant role in planning trips that align with sustainability, wellness, and cultural immersion. Destinations like the Philippines, Japan, and South Korea are expected to gain popularity.
India's parliamentary committee criticized the drug pricing regulator for approving a 50% price increase on 11 drug formulations in October. This move affects the poorest citizens. The National Pharmaceutical Pricing Authority made the decision to accommodate rising production costs and ensure drug availability, but the committee demands a detailed explanation for its impact on the poorest.
The number of women in senior leadership is growing. Women make up 18% of startup founders and 22% of MSMEs. This trend is expected to continue, significantly impacting governance and economic growth. Women will play an increasingly important role in achieving India's economic goals. Strengthening boards in smaller companies with women leaders is vital for this growth.
India has not only navigated its path with strategic foresight but also emerged as a reliable partner and stabilising force on the world stage. Modi's proactive diplomacy in 2024 advanced India's foreign policy objectives.
The middle class in India hopes for an income tax rate cut in the 2025 budget as individual earnings stagnate despite corporate growth. Consumer demand is crucial for economic growth, but middle and lower-income households are spending less. Experts suggest raising tax exemption limits annually, in line with inflation.
In 2025, India's consumption patterns will be shaped by economic forces and shifting self-perceptions. People will use consumption to express individuality and invest in experiences. The affluent will blend success with intentionality. Quick commerce will grow as consumers seek faster deliveries. Consumption will reflect the balance between global and local influences, as well as aspirational and practical needs.
Audiences will shape the future of entertainment by choosing how to consume content with new technology and flexible viewing options. Despite the success of Hindi films, there is no takeover by southern cinema. Streaming platforms will coexist with theatres, providing diverse storytelling from across India.
The fighter jet engine technology transfer deal between India and the US is encountering issues, likely increasing costs following technical discussions with HAL. The deal involves transferring over 80% of GE414 INS6 engine technology, with the setup of a production line in India. Initial estimates might surpass $1 billion, necessitating defence ministry approvals.
