Economic commentators in India are discussing the rupee's depreciation against the dollar and its effects. Exporters may benefit, but importers, companies, and households face challenges. The RBI's stance on currency management is critical. Clear communication from the RBI can help mitigate uncertainty and transition costs for economic agents.
The Governors Ball Music Festival 2025 is set to take place from June 6 to 8 at Flushing Meadows Corona Park in Queens, New York.
Tulip Siddiq, Labour Party MP and former Treasury minister, resigns to avoid her family ties causing distractions for the UK government. Allegations of corruption and misuse of properties in London prompted an investigation, which cleared her of any wrongdoing. Prime Minister Keir Starmer expresses regret over her departure.
Novelis Inc., the US subsidiary of Hindalco Industries, has renewed its multi-year partnership with thyssenkrupp Aerospace for supplying specialised aerospace-grade aluminium from facilities in Germany and China. This agreement builds on their successful collaboration since 2014, with shipments to the aerospace segment accounting for 3% of Novelis' total shipments in FY24.
Exponential growth in data consumption driven by OTT platforms, ecommerce websites, and government services is prompting companies like Netflix, Amazon, Meta, Google, Cloudflare, and Akamai to invest in content delivery networks in smaller Indian cities, addressing the demand for high-performance CDNs amidst increasing internet penetration and booming digital economy.
The Kumbh Mela is renowned for its vast gatherings, fervent enthusiasm, and unique lost-and-found booths aiding lost visitors, especially children. This year, digital tools enhance this system. Beyond the practical, the Kumbh symbolizes a spiritual journey where individuals seek to rediscover themselves. Participating involves both safeguarding belongings and exploring personal existential issues.
A celestial extravaganza awaits stargazers in January 2025, with a rare planetary parade and the first full moon of the year, known as the Wolf Moon. Skywatchers can observe a stunning alignment of seven planets and the brightest Mars in over two years. This month’s cosmic events include cultural and astronomical highlights, making it a must-watch for enthusiasts and casual observers alike.
Morocco has emerged as the most-visited destination in Africa, surpassing Egypt with 17.4 million visitors in 2024. The podcast 'Destination Morocco' explores the country's cinematic appeal, highlighting its popularity among filmmakers and offering virtual tours of key film locations like Atlas Studios, Tangiers, Fez, and Casablanca.
With the health budget stagnant at 1.9% of GDP, far below recommended levels, India’s healthcare infrastructure is failing. Most public facilities don’t meet essential standards, and primary health centres are overcrowded. The budget must prioritize preventive healthcare and address medical inflation to improve access and quality, crucial for becoming a developed nation.
Donald Trump will be inaugurated as the 47th President on January 20, 2025, and the ceremony will include traditional festivities such as inaugural balls, a rally, and fireworks, reflecting a mix of history and grandeur.
Market volatility continues with concerns over US interest rates, rising energy prices due to Russia sanctions, and uncertainty in Indian corporate earnings. Trump's policies on tax, tariffs, and trade might offer some clarity next week. India's economic indicators suggest a possible rate cut. Fiscal consolidation aims to boost domestic consumption, though external factors may still impact market stability.
India's startup ecosystem has grown significantly in nine years, fueled by PE and VC investments. It is now the world's 3rd-largest startup ecosystem. In 2023, financial services, technology, and ecommerce were the top sectors for investments. Bengaluru, Delhi-NCR, and Mumbai are key investment hubs, with new hubs emerging in Pune, Hyderabad, and Chennai.
Elon Musk has received an unique proposal to acquire Poland's 13th-century castle.
Donald Trump's 2025 inauguration will feature performances by Carrie Underwood, the Village People, Lee Greenwood, and others.
Elon Musk, the visionary behind Tesla and SpaceX, has openly discussed using ketamine to manage his depression.
Haryana BJP chief Mohanlal Badoli and a singer were booked after a woman accused them of gang-rape in a Kasauli hotel. The incident allegedly occurred on July 3, 2023. The men reportedly recorded the act and threatened the woman. An FIR was filed, and charges include gang rape and criminal intimidation. The accused remain unresponsive.
Recent reports have eventually revealed something pretty shocking that the people in Florida does not wants to stay there anymore and are eventually selling their houses away and all of these has a pretty significant reason behind it.
US producer inflation increased by 0.2 percent in December, less than the expected 0.4 percent. This was due to cooler food costs. The Federal Reserve is monitoring this progress closely as it impacts their policy decisions on interest rates. The consumer inflation report, expected midweek, will be closely watched by analysts.
The US Department of Justice sued KKR & Co Inc for repeatedly flouting the premerger antitrust review process.
President-elect Donald Trump announced the creation of the External Revenue Service to collect tariffs and duties from foreign sources, effective Jan. 20. Trump pledges to impose significant tariffs on major trading partners and global imports to ensure they pay their fair share and address trade imbalances.
India is finalizing fair and balanced free trade agreements (FTAs) only after extensive consultations, Commerce Minister Piyush Goyal said. Highlighting the $100 billion FDI commitment from EFTA and notable pacts with Australia and UAE, Goyal addressed India's robust export figures and manufacturing growth, attributing successes to the government's transformative governance principles.
Prime Minister Narendra Modi will commission three naval combatants, INS Surat, INS Nilgiri, and INS Vaghsheer, on Wednesday at the Naval Dockyard in Mumbai. These ships and submarine will enhance India's naval strength and support self-reliance in defence. The INS Surat, INS Nilgiri, and INS Vaghsheer reflect the nation's advanced naval capabilities and expertise.
Alka Lamba, a Congress candidate, filed her nomination from Kalkaji constituency for the upcoming Delhi polls. She declared a net worth of Rs 3.41 crore. Lamba owns properties in Gurugram and South Delhi. Her movable assets total Rs 61.12 lakh. She is competing against AAP's Atishi and BJP's Ramesh Bidhuri.