Asia News & Trends
We ought to expose ourselves to international criticism and benchmarking: Sinha Dheeraj
The confluence of systemic disruption and institutional heritage necessitates a leadership mindset that views transformation as an operational mandate rather than a danger. In this open conversation with Adgully, Dheeraj Sinha, who serves as both CEO of McCann India and President of The Advertising Club of India, describes a radical redesign of the nation's top creative standard, the ABBY Awards.Sinha diagnoses a business at a critical crossroads, moving significantly past the idealized period of the solitary "Big Idea." In order to accommodate the consumer's non-linear journey, he describes an ecosystem in which the conventional boundaries between data, commerce, and storytelling must be totally dissolved.The 57-year-old ABBYs platform has a great deal of credibility, respect, and confidence. That legacy is significant, but we also need to change with the times. We added new categories in AI, media innovation, data, B2B, sustainable development objectives, and influencer marketing this year. Since everything is mobile these days, we also eliminated unnecessary categories like mobile. All four of the global jury chairs are CEOs from major international networks. Even Indian jury chairs have judged in Cannes on a global scale. This considerably raises the bar for the honors. The ABBYs are now, in my opinion, "made in India for the world." Based on my experience at Burnett and FCB, work that was successful at the ABBYs was equally successful at Cannes and other international venues.The Advertising Club has established itself as a leader in the field. Although we don't claim to have all the solutions, we think the industry is dealing with a number of significant issues related to AI, structure, influencers, and the future of agencies. It is our responsibility to start discussions that assist the industry in finding solutions. We'll accomplish this through industry initiatives, award platforms, and conversations. The platform needs to be very current and respectable from a values standpoint. Ernst & Young has been hired to audit the awards procedure because of this. Making sure the platform stays in line with global trends is the aim.
Published 22 May 2026 05:53 PM
Avinash Tiwary is promoted to Managing Partner by Havas Media Network India.
Avinash Tiwary has been elevated to Managing Partner at Havas Media Network India. Tiwary led the network's digital transformation, media strategy, and customer support operations as the Head of Digital Services for the North area prior to this promotion. Tiwary updated his LinkedIn profile to reveal his new position.Tiwary established a strong professional network with some of the top international advertising companies in the nation before to joining Havas Media Network India. Among his previous agency positions are those at the Crescent Group, Omnicom Media Group (OMG), and Dentsu. Avinash Tiwary has been promoted to Managing Partner by Havas Media Network India. Tiwary oversaw the network's digital strategy and services for the area as Head of Digital Services, North, prior to this promotion. Tiwary posted an update on LinkedIn on the development. He offers expertise in campaign execution, SEO, media planning and purchasing, digital strategy, and ad technology platforms, such as DoubleClick. Tiwary worked for a number of companies before joining Havas Media Network India, including Dentsu, Omnicom Media Group, and Crescent Group.
Published 18 May 2026 03:09 PM
Nitin Gadkari responds to Shekhar Sumans Marathi language query on Shekhar Tonight, saying You Are A Bihari Too
Fourteen years later, Shekhar Suman makes a comeback with a brand-new late-night talk program called Shekhar Tonite. In the first episode, he invites Union Minister for Road Transport and Highways, Mr. Nitin Gadkari, for one of his infrequent and open discussions. ~Shekhar Suman is returning with Shekhar Tonite, this time on YouTube, after a fourteen-year hiatus. As only he can, he offers viewers poignant discussions, witty humor, and compelling viewpoints. Mr. Nitin Gadkari, the Union Minister for Road Transport and Highways, is the first guest on the show to kick off this exciting new chapter. Gadkari discussed language, politics, public accountability, and the value of unity in variety in a very interesting and thought-provoking discussion. Speaking fervently about Maharashtra and the Marathi language, he considered how residing outside of the state helped him to fully appreciate the significance of Marathi identity and culture. "We are proud of the Marathi language, Marathi culture, Marathi theater, Marathi literature, Marathi songs, and Marathi poets like Arun and Shridhar Phadke," Nitin Gadkari said when discussing the same topic. I became fully aware of the significance of Marathi when I began to spend more time outside of Maharashtra. Our specialty is the concept of unity in diversity. It's a really lovely thing.Shekhar Suman also mentioned the current controversy surrounding the Marathi language during the discussion, stating, "But speaking of Marathi, there was recently a diktat that those who cannot speak Marathi would not be allowed to drive scooters or auto-rickshaws." folks like us Biharis were even more anxious, sir, as those poor folks became frightened. Please look after us Biharis.
Published 16 May 2026 05:28 PM
Cosmetologists and makeup artists are now on the grooms checklist.
For a very long time, weddings were primarily seen as the bride's day, even though they had equal significance for men. Brides would spend months planning every aspect of the wedding, picking out elaborate outfits, matching them with eye-catching jewelry, and completing the look with meticulous hair and makeup. Grooms, on the other hand, kept it simple: wake up, put on their attire, straighten their beard and hair, and call it a day. For months, brides would meticulously prepare every aspect of their wedding, selecting ornate ensembles, accessorizing them with eye-catching jewelry, and completing the ensemble with expertly applied hair and makeup. Conversely, grooms kept things straightforward: get up, put on their clothes, style their beard and hair, and end the day.After all, it's their big day too, and many want to look just as glamorous as their better halves, both on camera and in real life. As a result, men are now giving their appearance on wedding day just as much thought. Not only have their wardrobes become more daring, but they are also increasingly choosing professional grooming and makeup to feel confident and polished throughout the celebrations. Nowadays, men are thinking about their wedding day appearance just as much. In order to feel confident and put together during the festivities, people are now increasingly choosing professional grooming and makeup in addition to experimenting with their costumes. Since it's their big day as well, many of them want to appear on video and in person as dazzling as their better halves."Brides and grooms have separate social media teams creating reels, their own hashtags, and even brand-new Instagram profiles where all of their wedding-related content is shared. Grooms want to appear more assured and youthful as a result.Grooms are increasingly inclined to look flawless on their D-day, but they still don't want the makeup to show. Gusain notes that when it comes to requests from grooms, most of them just want to look natural. Getting makeup done for grooms can be challenging because men wearing makeup is still taboo in our society (save the argument for another day) and many beauty influencers have faced trolling for it. Many beauty influencers have experienced trolling since males wearing makeup is still frowned upon in our society (save the argument for another day). Therefore, even if grooms are more likely to look perfect on their wedding day, they still don't want the makeup to be noticeable. According to Gusain, the majority of grooms' wishes are to appear natural.
Published 13 May 2026 05:42 PM
At tomorrows 19th Rozgar Mela, PM Modi will hand out more than 51,000 appointment letters.
At the 19th Rozgar Mela tomorrow morning, Prime Minister Narendra Modi will use video conference to deliver over 51,000 appointment letters to recently hired youth in various government ministries and organizations. On this occasion, Mr. Modi will also speak to the crowd. There will be 47 locations nationwide during the 19th Rozgar Mela. The Ministry of Railways, Ministry of Home Affairs, Ministry of Health and Family Welfare, Department of Financial Services, Department of Higher Education, and other Ministries and Departments of the Government of India will employ the recently recruited candidates, who were chosen from all over India. The Rozgar Mela is a significant effort to make this vision a reality, in keeping with the Prime Minister's pledge to prioritize creating jobs. Approximately 12 lakh recruiting letters have been sent out through 18 Rozgar Melas held nationwide since the program's founding.
Published 22 May 2026 06:05 PM
India Ambassador to Oman is Prashant Pise
Prashant Pise, a seasoned diplomat, has been named India's new ambassador to Oman. Currently holding the position of Additional Secretary in the Ministry of External Affairs, he is an officer in the Indian Foreign Service (IFS).Prashant Pise, a prominent diplomat from India, has been named ambassador to the Sultanate of Oman. Currently holding the position of Additional Secretary in the Ministry of External Affairs, Prashant is an Indian Foreign Service (IFS) official.Prashant Pise has been appointed as India's next ambassador to the Sultanate of Oman, according to the Ministry of External Affairs (MEA). He is an Indian Foreign Service officer from the 1995 batch who would take Godavarthi Venkata Srinivas' seat. India's envoy in Muscat is Godavarthi Venkata Srinivas, a prominent diplomat from the 1993 IFS batch.Prashant Pise is a highly experienced diplomat with decades of experience in Indian foreign policy and international relations. His diplomatic career includes important overseas assignments and policy roles. His first overseas posting was in Cairo, Egypt, from 1997 to 2000, where he gained early diplomatic experience in a crucial geopolitical region. He then served in Tripoli, Libya, until 2004, further expanding his engagement in the Middle East and North Africa before returning to New Delhi and serving as Deputy Secretary in the Ministry of External Affairs from 2004 to 2006. He has held important policy positions and international deployments during his diplomatic career. From 1997 to 2000, he got his first overseas assignment in Cairo, Egypt, where he acquired early diplomatic experience in a significant geopolitical area. Later, he expanded his involvement in the Middle East and North Africa while serving in Tripoli, Libya, until 2004. He returned to New Delhi and served as the Ministry of External Affairs' Deputy Secretary from 2004 to 2006.He led the Indian delegation at the 8th Ministerial Consultations of the Abu Dhabi Dialogue in Dubai in February 2026, demonstrating his ongoing involvement in labor mobility and international migration diplomacy. Prior to this new appointment, he served as Additional Secretary (Emigration Policy and Welfare) in the Ministry of External Affairs. This role is significant because it deals with overseas areas like Indian welfare, migration frameworks, and worker protection issues that are closely linked to Gulf nations where sizable Indian communities reside and work. This position is crucial because it deals with international issues that are closely related to the Gulf nations where sizable Indian communities reside and work, such as worker protection, Indian welfare, and migration frameworks. He headed the Indian delegation to the 8th Ministerial Consultations of the Abu Dhabi Dialogue in Dubai in February 2026, demonstrating his ongoing commitment to international migration diplomacy and labor mobility.
Published 13 May 2026 05:55 PM
Indias Ambassador to Oman is Prashant Pise.
Prashant Pise, a seasoned diplomat, has been named India's new ambassador to Oman. Currently holding the position of Additional Secretary in the Ministry of External Affairs, he is an officer in the Indian Foreign Service (IFS).Prashant Pise, a prominent diplomat from India, has been named ambassador to the Sultanate of Oman. Currently holding the position of Additional Secretary in the Ministry of External Affairs, Prashant is an Indian Foreign Service (IFS) official.Prashant Pise has been appointed as India's next ambassador to the Sultanate of Oman, according to the Ministry of External Affairs (MEA). He is an Indian Foreign Service officer from the 1995 batch who would take Godavarthi Venkata Srinivas' seat. India's envoy in Muscat is Godavarthi Venkata Srinivas, a prominent diplomat from the 1993 IFS batch.Prashant Pise is a highly experienced diplomat with decades of experience in Indian foreign policy and international relations. His diplomatic career includes important overseas assignments and policy roles. His first overseas posting was in Cairo, Egypt, from 1997 to 2000, where he gained early diplomatic experience in a crucial geopolitical region. He then served in Tripoli, Libya, until 2004, further expanding his engagement in the Middle East and North Africa before returning to New Delhi and serving as Deputy Secretary in the Ministry of External Affairs from 2004 to 2006. He has held important policy positions and international deployments during his diplomatic career. From 1997 to 2000, he got his first overseas assignment in Cairo, Egypt, where he acquired early diplomatic experience in a significant geopolitical area. Later, he expanded his involvement in the Middle East and North Africa while serving in Tripoli, Libya, until 2004. He returned to New Delhi and served as the Ministry of External Affairs' Deputy Secretary from 2004 to 2006.He led the Indian delegation at the 8th Ministerial Consultations of the Abu Dhabi Dialogue in Dubai in February 2026, demonstrating his ongoing involvement in labor mobility and international migration diplomacy. Prior to this new appointment, he served as Additional Secretary (Emigration Policy and Welfare) in the Ministry of External Affairs. This role is significant because it deals with overseas areas like Indian welfare, migration frameworks, and worker protection issues that are closely linked to Gulf nations where sizable Indian communities reside and work. This position is crucial because it deals with international issues that are closely related to the Gulf nations where sizable Indian communities reside and work, such as worker protection, Indian welfare, and migration frameworks. He headed the Indian delegation to the 8th Ministerial Consultations of the Abu Dhabi Dialogue in Dubai in February 2026, demonstrating his ongoing commitment to international migration diplomacy and labor mobility.
Published 13 May 2026 05:53 PM
Govt Very Much With Startups, Fintechs: FM Sitharaman
Finance Minister Nirmala Sitharaman on Wednesday assured the startup community of the central government's unwavering support amidst regulatory scrutiny faced by some of the country's leading startups in recent times.Addressing concerns raised by startups, particularly in the Fintech sector, during a media event in Bengaluru, Sitharaman stressed the importance of regular support and clarifications from regulators to facilitate innovation without being bogged down by governance and compliance issues. Sitharaman revealed that she had a meeting with combined representatives of many startups a “couple of days ago” to understand the concerns after they wrote a letter to the FM. She acknowledged the anxieties expressed by startups during a recent interaction and said, “I’ve had an interaction with startups, particularly the Fintech ones, to understand with what anxiety they wrote that letter to me. It was a fantastic conversation.” She said that there was a need for startups to have dedicated support teams for compliance matters, ensuring that innovation efforts remain unhindered. “I was very glad they voiced the concerns and they may indirectly come out of what is happening. But the regulators were all there with me and they have really understood and they've connected with them,” Sitharaman remarked. “Let me be upfront and say the concerns were not emanating from Paytm’s issues. It was more on regular support that they may need from the regulators, clarifications, which are periodically required, because their core business is not governance and compliance related issues,” she added.It is believed that this meeting had happened in the wake of the RBI’s action against Paytm Payments Bank, which has heightened attention on regulatory compliance within the fintech startups in India. The meeting saw representatives from various prominent entities in both the private and public sectors in attendance. Among those representing the private sector were individuals from notable companies such as Policybazaar, MakeMyTrip, Razorpay, PhonePe, Google Pay, Amazon Pay, CRED and venture capital firm PeakXV. Additionally, key figures from the public sector, including SBI Chairman Dinesh Khara and officials from NPCI, Canara Bank and Bank of Baroda, were reportedly also present. During the Bengaluru event, the Finance Minister said she had proposed practical solutions to address startup concerns, suggesting monthly virtual conferences with regulators like the Reserve Bank of India (RBI). Sitharaman said, “I did tell the RBI that once in a month on a dedicated day, they should do a virtual conference with startups, particularly Fintechs, so that they can answer questions and after that put that as a FAQ, so that others who did not attend, can (still) benefit from it.” Sitharaman reassured startups that the government stands firmly behind them and said, “The government is very much with these startups. We want you to be assured that you will be given all assistance." She ended by stressing on the need to simplify compliances and provide necessary assistance to ensure a conducive environment for startups to thrive. Earlier on Wednesday, The Reserve Bank of India (RBI) introduced an elaborate framework for a 'regulatory sandbox,' aimed at creating a secure environment for emerging fintech startups to experiment with their product ideas before launching them in the market. In a statement issued by RBI, the central bank said that a sandbox setup will enable regulatory authorities to collaborate with startups and formulate regulations that foster innovation, thereby facilitating the provision of cost-effective financial products. The oversight of this sandbox initiative will be under the purview of the fintech division within the RBI.
Published 01 Mar 2024 09:39 PM
Trishala Dutt explains why Sanjay Dutt chose not to stay in the US with his mother, Richa Sharma, while she was receiving cancer treatment.
Trishala Dutt explains why Sanjay Dutt left his mother, Richa Sharma. Many people associate the term "star kid" with riches, glitz, and a carefree lifestyle. The truth behind the beauty, however, was much more agonizing for Trishala Dutt. Recently, Trishala talked about how her mother died at the age of eight from a brain tumor and explained why her father, Sanjay Dutt, couldn't remain in the US full-time while her mother was receiving treatment. while receiving cancer treatment in the USIn the most recent episode of Inside Thoughts Out Loud, Trishala discussed her experiences as the daughter of actor Sanjay Dutt. Trishala talked candidly about the bullying she had as a youngster in the United States, stating that it started when she was only five or six years old and was mostly motivated by her Indian origin. When she attended high school, she said, things "blew up" because people began learning about her identity and her family. Admitting that she had "no one to lean on," Trishala expressed her wish that she had "someone to talk to when I was younger."In addition, Trishala thought back to her mother's death when she was eight years old and remembered how her father, Sanjay Dutt, would frequently travel between India and the US during that trying time in their life."My mother died of a brain tumor in 1996 when I was eight years old. In 1989, she received a diagnosis. It was already grade 4 when they learned about it. One of the deadliest and most aggressive malignancies in humans is that kind of brain cancer. Dad was traveling back and forth between the US and India. She recounted that her father was traveling back and forth between India and the US at the time, making it difficult for her to stay here for her full treatment while simultaneously being an actor back home.She said that she turned to food for solace during her mother's cancer battle, which resulted in a "weight problem." She added that she "just didn't look the part of Sanjay Dutt's daughter" and that people assume that being a celebrity's kid requires one to look a certain way.
Published 22 May 2026 05:56 PM
Day 3 box office receipts for Pati Patni Aur Woh Do Ayushmann Khurranas film ends its first weekend with over Rs 24 crore.
Despite conflicting audience opinions, the film "Pati Patni Aur Woh Do," starring Ayushmann Khurrana, Rakul Preet Singh, Sara Ali Khan, and Wamiqa Gabbi, is doing well at the box office. Compared to Saturday's revenues, the movie's first Sunday collection increased by more than 34%. But it fell short of the standard set by the first film, which starred Kartik Aaryan.At the box office, the Mudassar Aziz-directed movie debuted at Rs 4 crore. The film made Rs 5.75 crore on its second day with no growth. The Sacnilk report now states that "Pati Patni Aur Woh Do" has made a net total of Rs 7.75 crore from 6,350 shows on Day 3. As a result, the overall gross collection in India is anticipated to be Rs 21 crore, while the total net collection is Rs 17.50 crore. On Day 3, the film made a net total of Rs 1.25 crore in the foreign market, with an expected total gross collection of Rs 3.25 crore. As a result, the global gross collection presently stands at Rs 24.25 crore.In contrast to the most recent release, the 2019 movie "Pati Patni Aur Woh," which starred Kartik Aaryan, Bhumi Pednekar, and Ananya Panday, made a lot of money. It made 14.51 crore in India on Day 3, bringing its three-day total to 35.94 crore. On the first and second days, respectively, the Mudassar Aziz director earned Rs 9.10 crore and Rs 12.33 crore.
Published 18 May 2026 03:08 PM
The family skips the swearing in when Vijay talks about his relationship with son Jason Sanjay, saying, No clue whats in his mind.
Since taking the oath of office as Tamil Nadu's new chief minister on May 10, actor-turned-politician Vijay has been in the news. His big swearing-in event at Chennai's Jawaharlal Nehru Indoor Stadium was met with congratulations from all across the nation, but the absence of his estranged wife Sangeetha Sornalingam and his children, Jason Sanjay and Divya Sasha, also generated heated debate online.Vijay's parents, sisters, and a number of well-known individuals attended the oath-ceremony. More excitement was created when actress Trisha, who is rumored to be dating Vijay, attended the oath ceremony. After that, a previous interview with Vijay about his son Sanjay's career choices and how he never pressured him to become an actor has suddenly appeared online.When asked if his kid was likewise interested in pursuing acting as a career during an interview with filmmaker Nelson Dilipkumar for Sun TV while promoting his 2022 film Beast, Vijay replied, "I have no clue what's in his mind." He also made it clear that he had never coerced his kid into taking action. "I would never do that," Vijay declared. He added that he will encourage his son to pursue his goals. "He is entirely interested in it. I will help him if he feels that he needs it.Additionally, Vijay disclosed that despite being approached by other filmmakers for Sanjay's acting debut, he allowed him to make the ultimate choice. "I tell him that although people are inquiring, ultimately it is his decision. "Please don't disturb me for a couple of years," he said. Right now, I don't want this."
Published 12 May 2026 05:40 PM
Parmeet Sethi said, My mother was shot during the partition the bullet was inside for one to two years.
Parmeet Sethi was raised in Mumbai, while his mother was born in what is now Pakistan before to the partition. In a recent vlog, Parmeet recalled that his mother was wounded during the partition and that the bullet remained inside her body for a few years because there wasn't much technology available at the time to determine the bullet's location. In a recent Aary Vlogs video, Parmeet recalled this story while cooking with his son Aaryamann Sethi and honored his late mother by creating one of her recipes. He referred to his mother, Sushil Sethi, as "total filmy" and recalled that her family had relocated to Ahmedabad and then Mumbai following the partition. "She was shot during the partition," Parmeet revealed. She was shot. He revealed that his mother was just 10 or 12 years old at the time of the occurrence, but he did not say the city she lived in. A tailor used to visit their home to sew garments. He had broken into my grandfather's home to grab the pistol that used to be there. He stated, "He intended to use it during the riots."Parmeet revealed that his mother was startled by the sound of the tailor entering the house. "She was about to scream when he asked her not to make any noise, and he just shot her," he claimed. The bullet was "lost inside her" and could not be found due to the lack of technology in those days. "The bullet was moving around inside her body. He said, "No one knew where it was.Sushil missed school for a while after becoming ill for a year or two. The family had relocated to India by that point. The bullet nearly protruded from her back while the nurse was massaging her one day. They took her to the doctor right away. The bullet was removed during her surgery. It was one or two years later, he said.
Published 08 May 2026 06:02 PM
Axis Bank is Religares pick of the month for March, 10% upside seen at TP of ₹1,185; should you buy?
Domestic brokerage firm Religare Broking has picked Axis Bank as its stock pick of the month for March 2024 with a potential upside seen around 10 per cent. Shares of Axis Bank were on an uptrend and gained around three per cent today as Nifty 50 hit a fresh lifetime high of 22,353.30 on strong macroeconomic indicators.On Friday, March 1, shares of Axis Bank opened at ₹1,074.05 and gained 2.5 per cent to hit an intra day high of ₹1,101.60 against its 52-week high of ₹1,151.50 apiece on the BSE. Shares of Axis Bank settled 2.20 per cent higher at ₹1,099.35 apiece on the BSE. At a current market price (CMP) of ₹1,085, Religare sees a potential upside of 10 per cent on Axis Bank stock at a target price of ₹1,185 from an initiation range of ₹1,080-1,085 and a stop loss of ₹1,030. Religare Broking highlights that in its report that Axis Bank has remained one among the top performer among the private banking majors and we expect the outperformance to continue. ‘’The stock has been in a primary uptrend from last more than eight months, forming series of Higher Highs and lows with gradual rise in volumes. It has formed an elevated base around the 20 weekly EMA which also coincides with rising support trend line,'' said Religare Broking. Following the price action and uptick in volumes indicates the stock to resume its prevailing trend and inch higher to surpass its previous swing high, according to the brokerage. The stock gained marginally (around three per cent) in the previous series with reduction of eight per cent open interest (OI). 98 per cent of the open positions rolled which is same with respect to previously. ‘’OI of 82k contracts as against 89k previously. Decent cash based buying also seen in last three days of February series. With fresh cash accumulation and shorts being trapped, it may witness good short covering,'' said Religare Broking. The bank's net interest income (NII) in the third quarter at ₹12,532, crore, which rose by nine per cent - almost in line with the market estimate of ₹12,555 crore. NII is the difference between interest earned by a bank through loans and interest it pays to depositors. Meanwhile, the net interest margin (NIM) stood at 4.01 percent for the quarter ended on December 31, 2023. Net Interest Margin refers to the difference between the interest income earned and the interest disbursed by a bank in relation to its interest-generating assets such as cash.
Published 01 Mar 2024 09:35 PM
Potential for any re-rating delayed for Paytm, says UBS; still sees 25% upside in the stock – heres why
Shares of One 97 Communications (Paytm) have witnessed an almost 50 percent drop just in February as investor sentiment turned negative amid the RBI and Paytm Payments Bank Ltd (PPBL) saga.In a recent note, brokerage house UBS said it believes that any potential for a re-rating of Paytm based on profitability improvement has been delayed. It has retained a 'neutral' call on the stock and reduced its target price to ₹510 (from ₹650 earlier). The new target indicates an over 25 percent potential upside. "Paytm's share price has derated significantly post RBI regulatory action and the stock is trading at 1.5x EV to one-year forward consensus sales, nearly an 80 percent discount to its Indian internet peers. Our ₹510 price target implies a 2.4x EV to FY25E sales, which is still a 70 percent discount to Indian internet peers. We believe this is justified as Paytm's growth profile is now much weaker at an 8 percent expected revenue CAGR over FY24-26E, versus Indian peers at a much higher 27 percent. Additionally, Paytm's re-rating potential based on its profitability improvement is now also pushed out and the company's margin profile is much weaker than peers. Furthermore, the loss of investor confidence based on the regulatory action is unlikely to change in a hurry. We believe only sustained execution in the coming quarters can re-build investor confidence which would drive a re-rating," explained the brokerage. The RBI on January 31 directed PPBL to stop accepting deposits or top-ups in customer accounts, wallets, FASTags, and other instruments after February 29, citing large-scale non-compliance with regulations and supervisory concerns. In the latest update, the Reserve Bank of India clarified that non-Paytm Payments Bank Limited (PPBL) linked merchants (85 percent of the total) can continue to function as normal and gave a 15-day extension till 15th March for most PPBL-linked activities. RBI also informed that @paytm UPI handles can be migrated to banks after approval from NPCI. This implies key linkages between Paytm and PPBL will be transferred to other banks via Paytm and also clears the way for Paytm to function as third-party app provider (TPAP), similar to its competitors PhonePe and Google Pay, once NPCI provides approval for the same. Following RBI's latest update, the anticipated negative impacts on Paytm have been alleviated to a considerable extent. Paytm is poised to retain a significant portion of its customer and merchant base pending certain approvals from the National Payments Corporation of India (NPCI). However, UBS anticipates a churn of 15-20 percent in merchants, customers, and devices in Q4 compared to Q3 levels, accompanied by a steep decline of around 60 percent quarter-on-quarter in loan origination. Additionally, it foresees a challenging FY25 with a projected 2 percent revenue decline, attributed to the loss in the wallet business and gradual normalisation in payments and loan origination activities. To regain lost customers, Paytm is expected to escalate its marketing expenditure, leading to heightened EBITDA losses in FY25, consequently prompting adjustments in its EPS estimates.
Published 01 Mar 2024 09:35 PM
Stock market selloff: Nifty forms Bearish Engulfing; 21,850 next?
Nifty on Wednesday could not sustain early gains and saw heavy selling, as it closed below the psychological mark of 22,000 for the time since February 15. The index formed a Bearish Engulfing pattern on the daily chart, which has a negative connotation. The silver lining was the index somehow managed to settle above its 21-day EMA on a closing basis. If the index stays below 22,000 level, chances are it may revisit 19,850-800 level, analysts said.“The index dropped below the 22,000 mark, indicating a growing weakness. Nevertheless, it managed to close just above the 21EMA on the daily timeframe. Observing the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correction towards 21,800 in the near term,” said Rupak De, Senior Technical Analyst at LKP Securities. For the day, the 50-pack index closed at 21,951.15, down 247.20 points or 1.11 per cent. A sustained Nifty trade above 21,950 might spur a recovery in the index towards 22,100, De added. With the Bearish Engulfing candle, Nifty has given up all the gains of the previous week, said Chandan Taparia of Motilal Oswal Securities. This analyst believes that were the index say below 22000, weakness could be seen towards 21,850, followed by 21,700 levels. Resistances are seen at 22,150 and 22,222 levels, he said.atin Gedia – Technical Research Analyst at Sharekhan said that the index has reached its 20-day moving average of 21,944. He said the broad range of 21,800-22,300 still has not been breached. "The daily as well as hourly momentum indicators have a negative crossover, which is a sell signal. But prices are still in a range and, hence, a decisive breach below 21,875 i.e. the previous swing low is required to validate the change of trend. The Index is around the crucial support zone 21,900, which is likely to act as a make-or-break level from short term perspective," Gedia said.
Published 01 Mar 2024 09:34 PM
IIT Kanpur’s 1974 batch pledges Rs 10.11 crore
"The Class of 1974 of the Indian Institute of Technology Kanpur (IIT Kanpur) has committed Rs 10.11 crore to fund a range of institute initiatives. The promise is made as part of the batch's Golden Jubilee Reunion, which will take place from February 23 to February 25, 2024, and will bring together over 80 graduates and their families. ""IIT Kanpur takes great pride in its alumni, and time and time again, our alumni have come together for supporting the growth of their alma mater through various means,"" stated Prof. S Ganesh, Director of IIT Kanpur, in response to the Class of 1974's kind pledge. The Class of 1974's commitment to support greatness at the institute by aiding in its development aligns with a shared goal He continued, ""The 'Batch Legacy Fund' will be used to enhance possibilities for both faculty and students. ""We, the proud alumni of the Class of 1974, are honored to unite and contribute to our cherished alma mater, IIT Kanpur,"" he stated, thanking his classmates for this endeavor and his alma mater, batch coordinator Yogesh Khosla. Our combined support is a testament to our great pride in the organization and our common goal of seeing it succeed moving forward. I would want to sincerely thank everyone of my classmates for their kind cooperation in this project. The Class of 1974's 50th reunion was a happy event full with memories, laughter, and introspection that will live on in the archives of IIT Kanpur, an institution thinkinh said. IIT Kanpur stated that the ""Class of 1974 Batch Legacy Fund"" will undoubtedly advance learning within its community and expressed its sincere gratitude to the Class of 1974 for their outstanding contribution and steadfast dedication. The researchers from the Indian Institute of Technology Madras (IIT Madras) will present their findings to the students during an open house. The purpose of the event is to give students a forum to interact with professionals and well-known businesspeople. March 2 and March 3 of 2024 will be dedicated to the open house. Shaastra will host IITM for Everyone. A statement on the social media account read, ""IIT Madras is open to all for the first time in 15 years."" "
Published 28 Feb 2024 05:34 PM
AAP must leave its headquarters by June 15th, per a Supreme Court order.
The Aam Aadmi Party of Arvind Kejriwal will have to leave its headquarters, which are located on a plot of land designated for the High Court. The good news is that you still have until June 15 to act. The Supreme Court gave the party a long deadline because of the upcoming Lok Sabha elections, emphasizing that this is an encroachment case. The party may now submit an application for alternative land to the Land and Development Office of the Center.The bench, which included Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, stated, "We would request the L&DO to process the application and communicate its decision within a period of four weeks." The bench continued, "AAP has no legal right to remain on the land." The Delhi High Court was granted land in February to expand its operations and build more courtrooms for the Rouse Avenue location. The court had noticed that the AAP was intruding on this land. When considering a case involving the nation's judicial system, the highest court took notice of the issue.The state government promised at a meeting on February 15 that the plot would be removed in two months if a substitute plot was provided, in response to a court order. However, the situation remained unchanged. According to India's Chief Justice, DY Chandrachud, nobody has the authority to impose law on others. "It is absurd for any political party to sit on it. Every intrusion will be eliminated... The land should be given to the High Court so that it can be utilized by the general public and citizens, Justice Chandrachud stated.
Published 04 Mar 2024 05:31 PM
Article 21: The Constitutions Soul, with Citizens Liberty Supreme
According to the Supreme Court, Article 21 is the essence of the Constitution because it protects citizens' rights to liberty, which are so valuable that a person would lose them if the high court takes too long to decide cases pertaining to it. Amol Vithal Vahile, a prime accused in the murder of a corporator in Maharashtra, was granted bail by the Bombay High Court on January 29 following prodding from the top court, according to a bench of Justices B R Gavai and Sandeep Mehta.In a recent ruling, the bench stated that it is evident that prior to this court's order being issued on January 29, 2024, the high court had dismissed the bail application on one or more grounds rather than considering it on its merits.It goes without saying that Article 21 of the Indian Constitution is its core because it upholds the fundamental right to liberty for all citizens. It stated, "Depriving the party of their precious right guaranteed under Article 21 of the Constitution of India would mean not reaching a quick decision and brushing off the issue on one or the other basis pertaining to a citizen's liberty." The bench stated that it has encountered numerous cases from the Bombay High Court in which the applications for bail and anticipatory bail were not resolved promptly. The bench mentioned one instance where the application for anticipatory bail was pending for over four years. "We have also encountered many cases where the judges find an excuse to reroute the case on unrelated grounds rather than rendering a decision based on the merits of the case. As a result, we ask the chief justice of the Bombay High Court to communicate our request to all judges who have criminal jurisdiction so that the issue of bail and anticipatory bail can be decided as soon as possible," the bench stated.It requested that the Supreme Court's Registrar (Judicial) forward this directive to the High Court's Registrar (Judicial), who will present it to the Bombay High Court's chief justice. The bench stated on January 29 that, despite the fact that Vahile had been detained for more than seven years, on March 30, 2023, the high court had ordered him to appear before the trial court for regular bail.
Published 02 Mar 2024 06:02 PM
SEA urges Centre to not extend ban on export of de-oiled ricebran
The Solvent Extractors’ Association of India (SEA) has asked the Indian Government to not extend the ban on the export of de-oiled rice bran beyond March 31.In a letter to Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution; and Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry and Dairying; the President of SEA, Ajay Jhunjhunwala, said the total export of de-oiled rice bran constitutes only around 6 per cent of the production. The restriction has adversely affected processors and exporters along with paddy farmers, hindering them from realising better returns on their produce, he said. The government banned the export of de-oiled rice bran in a notification dated July 28, 2023, effective until November 30, 2023. This was further extended till March 31, 2024 in a notification dated December 8, 2023. Stating that processing of ricebran has picked up with the commencement of new season in November, he said availability of de-oiled ricebran has improved. This is evident from the reduction of price from ₹18,000 a tonne on July 28 2023 (the date of issuing notification) to ₹12,500 a tonne at present. Mentioning that the industry benefits from the export of de-oiled rice bran, he said easy clearance of meal leads to sustained processing, leading to better capacity utilisation, continuous oil availability, increased employment, and significant value addition along with valuable foreign exchange. India, which has successfully developed export market for de-oiled rice bran over the last 30 years, primarily serves Vietnam, Thailand, Bangladesh and other Asian countries. “An abrupt change in export policy has given opportunity to our competing countries like Sri Lanka, Bangladesh to capture Vietnam market for de-oiled ricebran and the market will be lost in no time,” he said. Eastern States, including West Bengal, are a significant producer of de-oiled ricebran. Since the cattle feed industry remains underdeveloped in this part of the country, there is limited demand for de-oiled ricebran in eastern India, he said. “The exorbitant local freight charges to move de-oiled ricebran from eastern India to south or west India makes export the principal means of disposal for de-oiled ricebran in the region. Since export is banned, ricebran processors in Eastern India are facing the prospect of shutting down their operations, adversely impacting the rice milling industry and reducing ricebran oil production,” Jhunjhunwala said. Though export restriction on de-oiled ricebran was imposed in July 2023 to ease milk prices, there is almost no reduction in milk prices across the country since this ban, he said. This is because the cost component of de-oiled ricebran in milk price is very nominal. “We are still of the view that continuing this ban will not support reduction in milk prices but will continue to negatively impact the ricebran processors and de-oiled ricebran exporters,” he said, and requested the government not to extend the ban beyond March 31.
Published 01 Mar 2024 09:45 PM
Government Employees Platform Plans Strike From May 1 Over OPS Demand
A group of Union and state government employees announced they will go on indefinite strike starting on Labour Day (May 1) this year to demand the restoration of the old pension scheme (OPS), The Hindu reported.The Joint Forum For Restoration of Old Pension Scheme (JFROPS), which was described as a platform of trade unions and associations working among Union and state government employees, said it had decided to serve strike notices starting March 19. Under the OPS, which was retired in 2004, retired government employees received half their last-drawn salary every month as a pension. The government concerned would foot the entire amount. The National Pension Scheme (NPS) replaced the OPS and involves the employee contributing 10% of their basic salary and the government contributing 14% into a corpus, which can be invested into different types of funds. How much an employee would receive upon retirement depends on the market return on these investments. Shiv Gopal Mishra, who is convenor of the JFROPS and is among the leaders of a railway workers’ union, told The Hindu that the decision to go on strike was taken after talks with the Union government had broken down. “We held several protests demanding restoration of OPS. We wrote letters to prime minister and finance minister urging them to restore the OPS. We have also been raising this issue in the JCM [joint consultative machinery] meetings, but the government ignored our demands and we are now forced to go on an indefinite strike,” Mishra was quoted as saying.The Hindu also cited government employees’ unions as claiming that ahead of the call for a strike, ballots conducted in various government departments suggested that nearly 100% of employees supported a strike.They have also argued that pensioners were worse off under the NPS because it does not hike pensions on a regular basis in order to correct for inflation. Some state governments have decided to restore the OPS for their employees. But the Reserve Bank of India has said that going back to the OPS would increase governments’ liabilities and put their financial security at risk. The Union government said in parliament in December that it does not plan on restoring the OPS. It has also warned its employees from going on strike before and argued that their right to form associations did not include a guaranteed right to go on strike. When Mishra was asked by The Hindu how the model code of conduct for the general elections would affect their planned strike, he said they wanted the issue to be discussed by the people. “This is an issue that involves lives of crores of people. Let the people discuss and decide on our demands. Even if the model code of conduct comes in picture, the Cabinet will be there, the Cabinet secretary will be there and they can take a decision on our demand,” he told the newspaper. Another employees’ union leader was cited as saying that ‘all unions’ except the pro-government Bharatiya Mazdoor Sangh would take part in their planned strike.
Published 01 Mar 2024 09:44 PM
Benefits of Sattu Indias first protein beverage
These days, a growing number of individuals are including tasty and nourishing "superfoods" from all over the world in their diets. Imagine those colorful matcha lattes, creamy avocado toasts, delicious chia pudding, quinoa salads, and cool kale smoothies. They are healthy in addition to being aesthetically pleasing. Just a gentle reminder: Is it really necessary to spend a lot of money to maintain your health?No, I believe! Sattu is an ancient superfood from India that is tasty, affordable, and very potent. This adaptable component, which is made from roasted gram flour, has been loved and consumed for more than 3,000 years, particularly in Bihar, Jharkhand, and Uttar Pradesh. Chana sattu, once cherished by diligent farmers for a rapid energy boost, is now widely accepted as a wholesome and organic supplement to contemporary meals nationwide. Let's examine the advantages of sattu powder, how it outperforms the most well-liked protein-rich foods, and why it should be at the top of your diet list before you hurry to try another foreign health craze.A traditional Indian flour produced from roasted barley or chickpeas is called sattu powder. In India, it is a native source of protein. It is a well-liked superfood with several health advantages due to its high protein content. Sattu, sometimes referred to as the "desi protein shake," is high in minerals, fiber, and plant-based protein. It is a popular dish in India that is becoming more and more well-known abroad.
Published 08 May 2026 06:04 PM
Arjun Rampal If I have to look extremely good, then my go-to is Gabriella’
"The radiant and perfect complexion of Janhvi Kapoor has been unveiled, and the secret to her lovely skin is a homemade face mask. Kapoor bragged about the many health advantages of this concoction, which is made of honey, mashed bananas, curd, orange scrub, and almond oil. Dr. Aanchal Panth shared her thoughts on this celebrity-endorsed skincare product, as social media was ablaze with claims of its efficacy. Let's investigate if giving it a shot is worthwhile. Kapoor began by taking curd and placing it in a bowl with mashed bananas, honey, and an additional layer of malai. After thoroughly blending, she smeared it across her freshly washed face. She then squeezed an orange, rubbed the juice of the fruit over her face, and covered it with the mask. Following the removal of the mask, she applied almond oil beneath her eyes. Dr. Panth elucidated the effectiveness of the mask by pointing out that although it is moisturizing, putting orange directly on the skin is not advised. "This is a good mask that will help with moisturizing, especially if you have dry skin."" She noted that scrubbing orange juice on the face can be extremely irritating to the skin, but that as she used the malai of the curd, the thicker part of it will be even more moisturizing. It may make your skin more vulnerable to UV radiation, particularly if you have dark patches or sensitive skin. Completely avoid this, she continued. Regarding the almond oil, Dr. Panth clarified that it can be used as well as over the entire face, particularly in light of the damage caused by the orange; it serves as a beneficial moisturizer. The ingredients are broken down as follows: Dear Honey: Being a naturally occurring humectant, it helps the skin stay hydrated and becomes smooth and silky. Additionally, it has antibacterial qualities that enable it to effectively combat bacteria that cause acne and reduce inflammation. Bananas: Potassium, vitamin C, and vitamin E are among the many vitamins and minerals they contain that are rich in and help to hydrate and nourish the skin. Banana enzymes gently exfoliate the skin to reveal a brighter complexion by removing dead cells Lactic acid, which is present in curd, acts as a mild exfoliator to encourage cell turnover and reveal younger-looking skin. It also helps reduce redness and irritation and has moisturizing qualities. Orange: Natural acids found in citrus fruits, such as oranges, can irritate delicate skin, particularly when applied topically. It contains substances that may increase the skin's sensitivity to sunlight, raising the possibility of sunburn and other injury. To lessen the chance of discomfort, dilute orange juice or zest with water or combine it with other calming components before applying it directly to the skin. Almond oil: High in fatty acids and vitamin E, it nourishes and moisturizes the skin, leaving it feeling silky and smooth. It also aids in scar fading. "
Published 28 Feb 2024 05:28 PM
Is this Janhvi Kapoor-approved DIY face mask worth the hype?
"The radiant and perfect complexion of Janhvi Kapoor has been unveiled, and the secret to her lovely skin is a homemade face mask. Kapoor bragged about the many health advantages of this concoction, which is made of honey, mashed bananas, curd, orange scrub, and almond oil. Dr. Aanchal Panth shared her thoughts on this celebrity-endorsed skincare product, as social media was ablaze with claims of its efficacy. Let's investigate if giving it a shot is worthwhile. Kapoor began by taking curd and placing it in a bowl with mashed bananas, honey, and an additional layer of malai. After thoroughly blending, she smeared it across her freshly washed face. She then squeezed an orange, rubbed the juice of the fruit over her face, and covered it with the mask. Following the removal of the mask, she applied almond oil beneath her eyes. Dr. Panth elucidated the effectiveness of the mask by pointing out that although it is moisturizing, putting orange directly on the skin is not advised. ""This is a good mask that will help with moisturizing, especially if you have dry skin."" She noted that scrubbing orange juice on the face can be extremely irritating to the skin, but that as she used the malai of the curd, the thicker part of it will be even more moisturizing. It may make your skin more vulnerable to UV radiation, particularly if you have dark patches or sensitive skin. Completely avoid this, she continued. Regarding the almond oil, Dr. Panth clarified that it can be used as well as over the entire face, particularly in light of the damage caused by the orange; it serves as a beneficial moisturizer. The ingredients are broken down as follows: Dear Honey: Being a naturally occurring humectant, it helps the skin stay hydrated and becomes smooth and silky. Additionally, it has antibacterial qualities that enable it to effectively combat bacteria that cause acne and reduce inflammation. Bananas: Potassium, vitamin C, and vitamin E are among the many vitamins and minerals they contain that are rich in and help to hydrate and nourish the skin. Banana enzymes gently exfoliate the skin to reveal a brighter complexion by removing dead cells Lactic acid, which is present in curd, acts as a mild exfoliator to encourage cell turnover and reveal younger-looking skin. It also helps reduce redness and irritation and has moisturizing qualities. Orange: Natural acids found in citrus fruits, such as oranges, can irritate delicate skin, particularly when applied topically. It contains substances that may increase the skin's sensitivity to sunlight, raising the possibility of sunburn and other injury. To lessen the chance of discomfort, dilute orange juice or zest with water or combine it with other calming components before applying it directly to the skin. Almond oil: High in fatty acids and vitamin E, it nourishes and moisturizes the skin, leaving it feeling silky and smooth. It also aids in scar fading. "
Published 28 Feb 2024 05:27 PM
What happens to your body if you use expired makeup repeatedly?
"Expiring the last bit of your favorite makeup may seem innocuous, but Dr. Swapna Priya, a consultant dermatologist at CARE Hospitals in HiTec City, Hyderabad, cautions that doing so can put your health at danger. Imagine having red, irritated eyes after using your favorite mascara. Or imagine discovering fresh breakouts the next morning because of your reliable foundation. Regretfully, these situations occur more frequently than you may imagine, particularly when using expired cosmetics. Expiring the last bit of your favorite makeup may seem innocuous, but Dr. Swapna Priya, a consultant dermatologist at CARE Hospitals in HiTec City, Hyderabad, cautions that doing so can put your health at danger. This is why you should routinely declutter your cosmetics bag is essential for both general wellbeing and healthy skin. Allergy Reactions: Even in those who have never had an allergic reaction before, expired makeup can cause one. Red signals include swelling, stinging, and burning that you should not disregard. Infections: When makeup products like mascara and eyeliner go close to expiration, bacteria thrive there. You run the risk of developing eye infections like conjunctivitis when using them. Joyous deal Long-Term Issues: More Than Just Temporary Unease Using makeup that has expired might have negative long-term repercussions that can outweigh any immediate reactions, such as irritation: Chronic Skin Issues: Dermatitis and early aging of the skin can be caused by repeated contact with expired cosmetics. "
Published 28 Feb 2024 05:26 PM
Ramakrishna Ghoshs injury has been replaced by Macneil Noronha.
Macneil Noronha, an all-rounder from Karnataka who recently won the MA Chidambaram Trophy at the Naman awards for being the highest run-getter in the 2024/25 Colonel CK Nayudu Trophy, will join Chennai Super Kings (CSK) for INR 30 lakh as a replacement for Ramakrishna Ghosh, who injured his right foot during their game against Mumbai Indians on May 3rd and is out for the season. He will not play this season.Macneil Noronha will take Ghosh's place at CSK for INR 30 lakh.Noronha, a Karnataka all-rounder, has won the MA Chidambaram Trophy at the Naman Awards for scoring the most runs in the Colonel CK Nayudu Trophy for 2024–2025. Noronha was called up by the Karnataka team for the Syed Mushtaq Ali Trophy after an outstanding season, and he played in three games for his state.For the remainder of the 2026 Indian Premier League season, the Chennai Super Kings have selected Karnataka all-rounder Macneil Noronha to replace injured uncapped player Ramakrishna Ghosh.He was called up to Karnataka's Syed Mushtaq Ali Trophy squad as a result of his domestic achievements, and he played in three games. Noronha made an impressive 34 off 21 deliveries in his most recent match against Tripura in December 2025. He also contributed a wicket. The move comes after Ghosh was sidelined for the rest of the season due to a right foot injury he sustained during Chennai's match against Mumbai Indians on May 3. Ghosh had just made his eagerly anticipated IPL debut in that match, contributing to Chennai's decisive eight-wicket victory. Introduced into the attack in a high-pressure match, the young player returned figures of 1 for 24 from his three overs, taking the crucial wicket of Suryakumar Yadav, who had looked dangerous after reaching 21 off just 12 balls. In that match, Ghosh made his eagerly anticipated IPL debut and contributed to Chennai's convincing eight-wicket victory. The youthful player, who was brought into the attack in a high-stress match, recorded figures of 1 for 24 from his three overs, taking the crucial wicket of Suryakumar Yadav, who had appeared dangerous after reaching 21 off only 12 balls.Chennai will be hoping that Noronha will offer valuable depth as they continue to strive for a play-off position in spite of the setback.
Published 13 May 2026 05:46 PM
Gautam Gambhirs Serious Pre-IPL 2024 Message To KKR
Before the Indian Premier League (IPL) 2024, which begins on March 22, Kolkata Knight Riders coach Gautam Gambhir had a direct message for his team. During a Star Sports conversation, Gambhir clarified that the Indian Premier League (IPL) is a fantastic chance for young players to demonstrate their abilities in the "toughest league in the world," not about Bollywood or the post-match celebrations. The former Indian batter, who captained KKR to the IPL title in 2012 and 2014, added that since the league is most similar to international cricket, there is extra pressure on players and teams to perform well. "I stated unequivocally on Day 1 that I take the Indian Premier League seriously. It has nothing to do with Bollywood, you, the after-party, or other such things. It's about getting out there and playing competitive cricket, which is why I think this league is the hardest in the world because it's authentic cricket," stated Gambhir. "It is probably closest to international cricket as compared to any other league and if you want to be known as a successful franchise, you should be able to deliver on the cricket field," he stated. Gambhir stated that the players must put in a lot of effort for the team's ardent fan base after KKR finished seventh in the previous season and missed out on the play-offs. "I believe there are ardent supporters. We must tell them the truth. We should probably try to put a smile on their faces because, in my opinion, Kolkata fans have been the most devoted because they have endured a lot over the first three IPL seasons," Gambhir remarked.
Published 04 Mar 2024 05:55 PM
IPL 2024 Schedule announced Timings, venues, squads, live streaming and all you need to know about 17th season of IPL
"IPL 2024 Schedule: The season's opening game will pit Royal Challengers Bangalore against the reigning champions, Chennai Super Kings. IPL 2024 Schedule in Full: According to the official schedule announcement, the 17th edition of the Indian Premier League (IPL 2024) will begin action on March 22 in Chennai. However, because the T20 extravaganza coincides with the impending general elections, only the first 21 matches—which stretch over 15 days—were revealed on Thursday. Following the election commission's announcement of the Lok Sabha election date, the remaining schedule will be made public. In the opening game of the season, Royal Challengers Bangalore will play the reigning champion Chennai Super Kings. Seventy league games in all and the two qualifiers, the elimination round, and the championship game will be among the four playoff games. Chennai Super Kings, Mumbai Indians, Delhi Capitals, Sunrisers Hyderabad, Kolkata Knight Riders, Gujarat Titans, Punjab Kings, Rajasthan Royals, and Lucknow Super Giants are the ten IPL teams for 2024. Take a look at the schedule that follows: March 22: Royal Challengers Bangalore vs. Chennai Super Kings, MA Chidambaram Stadium, Chennai, 8 p.m. Punjab Cricket Association IS Bindra Stadium, Mohali, hosts the Punjab Kings vs. Delhi Capitals match on March 23 at 3:30 PM. On March 23, at Eden Gardens in Kolkata, the Kolkata Knight Riders take on Sunrisers Hyderabad (7.30 PM) Sawai Mansingh Stadium in Jaipur will host the Rajasthan Royals vs. Lucknow Super Giants on March 24 at 7:30 PM. Mar. 24: Mumbai Indians vs. Gujarat Titans, 7.30 p.m., Narendra Modi Stadium, Ahmedabad Mar. 25: Punjab Kings vs. Royal Challengers Bangalore, M. Chinnaswamy Stadium, Bengaluru, 7:30 p.m. Mar. 26: Gujarat Titans against. Chennai Super Kings, 7.30 PM, MA Chidambaram Stadium, Chennai Mar. 27: Rajiv Gandhi International Stadium in Hyderabad will host Sunrisers Hyderabad vs. Mumbai Indians (7.30 PM) March 30: 7.30 PM match between the Lucknow Super Giants and the Punjab Kings at the Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow March 31: Gujarat Titans at Narendra Modi Stadium in Ahmedabad against Sunrisers Hyderabad (3.30 PM) 28 March: Sawai Mansingh Stadium, Jaipur; Rajasthan Royals vs. Delhi Capitals, 7:30 PM Mar. 29: Bengaluru's M. Chinnaswamy Stadium will host the Royal Challengers Bangalore vs. Kolkata Knight Riders (7.30 PM) match. March 31: Dr. Y.S. Rajasekhara Reddy Stadium vs. Chennai Super Kings, Delhi Capitals Visakhapatnam's ACA-VDCA Cricket Stadium (7.30 PM) April 1: 7.30 PM Mumbai Indians vs. Rajasthan Royals at Wankhede Stadium in Mumbai April2: 7.30 PM match between the Royal Challengers Bangalore and the Lucknow Super Giants at M. Chinnaswamy Stadium in Bengaluru April 3: Dr. Y.S. Rajasekhara Reddy Stadium vs. Kolkata Knight Riders, Delhi Capitals Visakhapatnam's ACA-VDCA Cricket Stadium (7.30 PM) April 4: 7.30 PM game between Gujarat Titans and Punjab Kings at Narendra Modi Stadium in Ahmedabad April 5: 7.30 PM, Rajiv Gandhi International Stadium, Hyderabad; Sunrisers Hyderabad vs. Chennai Super Kings Sawai Mansingh Stadium in Jaipur, Rajasthan Royals vs. Royal Challengers, Bangalore, April 6 (7.30 PM) April 7: 3.30 PM, Wankhede Stadium, Mumbai, India vs. Delhi Capitals April 7: Gujarat Titans vs. Lucknow Super Giants, 7.30 PM, Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium, Lucknow"
Published 28 Feb 2024 03:47 PM
First look at New York’s 34,000-seater Nassau County International Cricket Stadium that will host India vs Pakistan clash at T20 World Cup
No matter where the match is played, India vs. Pakistan in an ICC event is always one of the highlights of the competition. Even though India won the 50-over World Cup match in Ahmedabad, the match between the archrivals at the T20 World Cup in 2022 at the MCG featured a Virat Kohli spectacular that is likely among their best ever. The legendary match will take place in New York on June 9th for the forthcoming T20 World Cup in the West Indies and the USA. The construction of the stadium began on Wednesday and is anticipated to be completed in three months. ICC Chief Executive Geoff Allardice stated, "We are excited to be unveiling the Nassau County International Cricket Stadium in New York ahead of the ICC Men's T20 World Cup 2024." "Work on the stadium, which will hold 34,000 cricket fans, has begun, marking an extremely significant milestone in the run-up to the biggest ICC event ever," Geoff Allardice continued. June 2nd will see the USA take on Canada in the opening game; Barbados will host the June 29th championship game. What sort of pitch should we anticipate? Pitch conditions have been quite important in the recent matches between India and Pakistan. When assistance is available, players like Shaheen Shah Afridi have tormented the Indian batters, and when it isn't, the Indian batters have attacked him and propelled the side to rapid victories. The wicket in New York will be a drop-in wicket. Drop-in wickets are generally more conducive to batting. Drop-in wickets are popularly utilised in Eden Park in New Zealand and Adelaide Oval in Australia. The pitch is being groomed in Florida, according ICC.The first-ever modular cricket stadium, Nassau County International Cricket Stadium in New York, is currently under construction and should be finished in just three months. The ICC Men's T20 World Cup 2024 is expected to feature eight matches at the 34,000-seat stadium, the most notable of which is the high-profile match between India and Pakistan on June 9.
Published 25 Jan 2024 12:35 PM
Oggy Janta Party vs. Cockroach Janta Party: A new political battle on the internet
Following the filing of two distinct trademark applications for the term "Cockroach Janta Party" in the midst of the movement's explosive social media popularity, the viral rise of the Cockroach Janta Party (CJP) has now entered a legal phase.The event occurred soon after a legal demand notice allegedly resulted in the movement's X account being withheld in India. Simultaneously, the youth-led satirical campaign proceeded to garner enormous internet traction through political commentary, memes, and Instagram. The movement began when Surya Kant's contentious comments during a Supreme Court hearing sparked online indignation and ridicule.Following remarks made by Chief Justice Surya Kant during a recent hearing that went viral online, the hashtag #CockroachJanataParty started to trend. The Chief Justice reportedly likened young people without jobs who turned to media, social media, and RTI activism to "cockroaches."But by then, the term had already become a popular online trend. The Cockroach Janta Party page and associated social media profiles were soon established by Abhijeet Dipke, a political communications consultant and former Aam Aadmi Party volunteer. According to reports, the campaign gained millions of followers on X and Instagram in a matter of days.
Published 22 May 2026 06:06 PM
Pawan Singh of the BJP Discusses Running for the Lok Sabha
Pawan Singh, an actor and singer from Bhojpur, stated on Monday that "time would tell" if he decided to run in the next Lok Sabha elections. Speaking to the media following his meeting with BJP president JP Nadda, Singh—who had been scheduled to run as the BJP candidate from Asansol in West Bengal but declared he would not after receiving negative feedback on his candidacy—avoided discussing the reasons behind his decision. "I spoke with the president of the party. After meeting with Nadda, Singh told the media, "Whatever happens in the future will be good." "That only time would tell," he responded when asked if he would run in the upcoming elections. I'll let you know if something occurs. Put it on hold for the time being "... On the other hand, Singh declined to respond to inquiries regarding the reasons behind his choice.Singh withdrew his name from the Lok Sabha election contest on Sunday from the West Bengal seat of Asansol, one day after the BJP announced him as its candidate from the seat currently held by Shatrughan Sinha of the Trinamool Congress (TMC).Singh thanked the BJP leadership in a post on X, but he also stated that he would not be able to run from Asansol "due to some reason," without providing an explanation.
Published 04 Mar 2024 05:25 PM
CM Sukhwinder Sukhu will continue for 5 years, says Shivakumar; can say, replies Congress HP chief Pratibha Singh
Amid the ongoing political crisis in Himachal Pradesh, state Congress president Pratibha Singh on Friday undermined party observer DK Shivakumar's statement about Chief Minister Sukhvinder Singh Sukhu, stating that “it is the people of the state who will decide the fate of the government".Congress leader and Karnataka Deputy CM DK Shivakumar has said the Sukhwinder Singh Sukhu-led Himachal Pradesh state government will stay and all the MLAs want the Congress government for five years. However, Pratibha Singh's comment has revealed that the party's state unit and its observers are not on the same page on the issue. Reacting to Shivakumar's statement, Pratibha Singh was quoted by ANI as saying, “Observer ke bolne se kya hota hai', it is the people who will decide what will happen in the future." Mentioning her loyalty to the Congress party, Pratibha Singh noted, “I have spent my entire life in the Congress party. We started from the Congress party." "We affiliate with the Congress ideology. I can't say what can happen tomorrow," she added, hinting at another trouble for the party after the resignation of Vikramaditya Singh from the Sukhvinder Singh Sukhu cabinet. Interestingly, Pratibha Singh recently applauded the activities of the Bhartiya Janata Party (BJP) and said the Congress was on a weak footing. She also called out the Himachal CM for not listening to her advice to organise the party to regain strength in the state. "From day 1, I had been telling the CM that we would be able to face the upcoming elections only if he strengthens the organisation. This is a very tough situation for us. We can see a lot of difficulties on the ground. As per the directions of PM Narendra Modi, the BJP is going to do a lot of things...We are on weak footing there. I urged him (CM) again and again that we need to strengthen and the party needs to be organised...I can say that it is a difficult time. Still, we have to contest elections and win," she told ANI. The Congress-led Himachal Pradesh government suffered a major setback after losing the Rajya Sabha elections because of cross-voting to the BJP. The grand old party lost the lone seat of the state in the Upper House of Parliament after its six MLAs cross-voted for the BJP. Moreover, Congress senior leader and minister Vikramaditya Singh announced his resignation from the cabinet. The development prompted the Congress party to send former Haryana CM Bhupinder Singh Hooda and Karnataka Deputy CM DK Shivakumar to the hill state to resolve the crisis. With the disqualification of the six Congress rebel MLAs, the strength of the House has reduced from 68 to 62. The halfway mark is now 32. The Congress now has 34 MLAs and the BJP has a total of 28 MLAs, including independents. The fortunes of the grand old party rely on its ability to keep the rest of its party MLAs together.
Published 01 Mar 2024 09:48 PM
Himachal Pradesh Political Crisis: Six rebel Congress MLAs disqualified. What lies ahead for the hill state?
Himachal Pradesh Assembly speaker Kuldeep Singh Pathania on February 29 disqualified the six rebel Congress MLAs who cross-voted during the Rajya Sabha elections. With this, the six MLAs cease to be members of the Himachal Pradesh Assembly.After the disqualification, the Congress government has, for now, survived in Himachal Pradesh after a two-day scare over its future due to cross-voting by six of its MLAs in favour of the Bharatiya Janata Party (BJP) candidate in the Rajya Sabha election on February 27. The strength of the house after the disqualification, pending judicial scrutiny, comes down to 62. The Congress now has 34 MLAs in the house, with 32 being the majority mark. Three independent MLAs who supported the Congress also cross-voted for the BJP in the Rajya Sabha election. The BJP had demanded a trust vote soon after the Congress lost the Rajya Sabha polls due to defections. Former Chief Minister, Jairam Thakur, and other leaders claimed that the Congress party had lost the majority in the house. However, the Congress government passed the budget on Wednesday, February 28, while 25 BJP MLAs were not present in the house after 15 of them were suspended. Also, the disqualification of six rebel MLAs has changed the dynamics. "Our experts will analyse the situation, and after looking at their judgments, we will take a decision. It is too early to say anything. Congress was totally exposed in the Rajya Sabha elections. Congress has lost its opportunity. Morally, they have no right to stay in power and the emotions of the people of Himachal Pradesh are clear from this," Rajeev Bindal, Himachal Pradesh BJP president, told news agency ANI. This disqualification order is subject to judicial scrutiny and will attain finality after judicial scrutiny, Pathania said. Also, it remains to be seen if these six MLAs approach the court against the disqualification. The six legislators had cross-voted, along with three independents, during Rajya Sabha polls. However, they have not been disqualified for cross-voting, but for violating the whip and skipping the budget session of the Himachal Pradesh assembly. Pathania said he wanted to prevent 'the aya Ram gaya Ram' politics. This phrase is used to refer to politicians switching party allegiances frequently. The Congress government's survival will also depend on whether the party can ensure that there are no more defections among the 34 MLAs. The Congress government's survival will also depend on whether the party can ensure that there are no more defections among the 34 MLAs.
Published 01 Mar 2024 09:46 PM
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Soon, Pulkit Samrat and Kriti Kharbanda will wed. Going over their love story again
The upcoming nuptials of Pulkit Samrat and Kriti Kharbanda have prompted 'roka' rumors recently. (Image: Instagram/Ria Samrat Luthra)Although the pair hasn't revealed much about their marriage, they frequently post pictures of their family. (Image: Instagram/Ria Samrat Luthra)Bollywood couple Pulkit Samrat and Kriti Kharbanda have taken their relationship to the next level by becoming officially engaged after dating for years. Although the couple has not yet released an official statement, Pulkit posted a touching photo from their engagement ceremony to his Instagram story.In an interview, actor Pulkit Samrat revealed his and fiancée Kriti Kharbanda's plans to get married and how much they enjoy "staying best friends" in their relationship.Since many Bollywood couples have recently tied the knot, actor Pulkit Samrat was also questioned about when he planned to wed his partner, actor Kriti Kharbanda. The actor sidestepped the topic by calling the two of them "best friends" and stating that marriage occasionally tends to alter that equation.For almost three years, Pulkit and Kriti have been in a relationship. Together, the two have acted in Veerey Ki Wedding, Taish, and Pagalpanti. Despite their tendency to keep their marital plans to themselves, the two have been rather transparent about their romance.Pulkit recently said, "Mera toh funda simple hai (My funda is simple), as long as you are living as best friends things are sorted," in response to a query on marriage in an interview with Bombay Times. In this manner, "Your arguments and love are all friendly" (aapke jhagde aur pyaar friends wale hote hai). This equation between the two people occasionally changes when marriage is involved. Therefore, why worry so much if you are surrounded by your closest friends?The actor went on to discuss how their relationship works well together. "As closest friends or partners, we encourage one another to advance personally and concentrate on our careers. We're both driven, ambitious people. We need that ongoing encouragement since we have made our fair share of mistakes in our careers. She is a blessing in my life because she helps me stay focused and centered. To be the finest versions of ourselves so that we may be even better for one other is what we are doing right now, he said.Currently in production is Fukrey 3, the third entry in Pulkit's popular franchise. Suswagatam Khushmadeed is another project he is working on. In the meantime, Kriti will be starring in her first Malayalam film this year, Alone, starring opposite Mohanlal.
Published 01 Feb 2024 03:25 PM
Animal Sandeep Reddy Vangas political views and craft are equally immature.
Scene after credits: Sandeep Reddy Vanga's Animal is about as irredeemable as they come; it is intellectually bankrupt, morally repugnant, and stylistically incompetent.The film Animal, starring Ranbir Kapoor, is unbearably long. It starts with the protagonist, Ranvijay, marching into his father's steel mill and being literally put on a pedestal. There, he gives a passionate speech about honor and commitment while the business, Swastik Steel, is nicely positioned against a swastika in the background. Ranvijay is furious because his father just made it through a vicious attack. He lifts his right arm in the middle of his diatribe and commands his subjects to take an oath. In just a few minutes, director Sandeep Reddy Vanga's tribute to Adolf Hitler's Nuremberg rallies is over. You're a little taken aback and wonder, "Was this movie made by a child?"In contrast to Vanga's first picture, the effortlessly enraged Kabir Singh, Animal seems to have been made with offense in mind. However, as is often the case, insincerity is easily recognized. People were incensed by Kabir Singh's misogyny mostly because it seemed as though the film was determined to give its disturbed protagonist a free pass. The most provocative scenes are woven into the plot of Animal, a far more stylized and hence more challenging to watch picture, rather than the plot being provocative in and of itself. Ranvijay marches into a school carrying a loaded assault gun, tells his sweetheart to kiss his shoe, and gives a woman a lecture about menstruation. This kind of fake edginess leads to a movie where a phallic machineThe film portrays the natural neediness of its director, which is embodied in Ranvijay's never-ending need for his father's love, who isn't there. In the days after Animal's premiere—this was, after all, the period when he became a superstar—Vanga's principal grievance was that reviewers didn't find the film to be very good. Vanga never referenced Animal's hundreds of crores in earnings, even as the rest of his colleagues used the movie's box office numbers to defend its reckless politics, as if that mattered. He was staring at his Moby-Dick, and he was probably never going to get the critical appreciation that he appeared to realize in real time.And although though Vanga had just recently come to grips with this very likely truth, he was still having fits and insisted that Animal's "craft" should be valued separately from its themes. But let's talk about the filmmaking for the sake of argument. Vanga has refuted claims that he plagiarized Oldboy in Animal's pre-interval action block, but anyone who have watched Park Chan-wook's groundbreaking movie, a modern tragedy about the futility of retribution, would understand Vanga's motivation. Aside from the obvious spectacle of Choi Min-sik slicing through a swarm of foes, what really set Oldboy's iconic corridor battle sequence apart was the meticulously staged single shot that was captured on film.Since then, corridor fight scenes have become more and more prevalent; some of the best imitations can be seen in Marvel's Daredevil and Gareth Evans' The Raid. These two projects seemed to realize that the staging, not the location, was what gave Oldboy's pivotal battle scene its incredible intensity. Conversely, Vanga decides to keep the claustrophobic setting (as well as the axe) but eliminates the element that first gave the scene its unique quality. The action is hacked to pieces, with so many cuts that it would make a butcher blush, as though the director himself took an axe to the film.
Published 01 Feb 2024 03:24 PM
More than 200 planes are delayed due to fog in Delhi.
By seven in the morning, three planes were diverted to Jaipur, one to Ahmedabad, and one to Mumbai, according to an airport official. Over 200 aircraft at Delhi airport were delayed as a result of the decreased visibility.Most of the aircraft used for the flight diversions were not flown by pilots with CAT-III certification. In aviation, an advanced instrument landing system (ILS) approach that makes landings in extremely low visibility situations (due to fog, rain, or snow) is referred to as Category III, or CAT III. Even in situations when runway visibility is as low as 50 feet (15 meters) and the visual range is between 50 and 200 meters, a CAT III system enables a precise approach and landing.Nevertheless, aviation operations under low visibility are additionally hampered by the airport's limited capacity for CAT-III compliant runways. The airport's oldest runway, 9/27, is not CAT-III compatible, despite having three other runways that are.Runway 28/10's operationalization, which is presently re-carpeting, has been delayed until the middle of February while the Directorate General of Civil Aviation completes its investigation. On one end, Runway 29R-11L complies with CAT-III standards, and by the end of the next month, authorities hope to certify it for CAT-III landings from both ends. Consequently, the primary runway for CAT-III flight operations at this time is runway 29L-11R.The airport official said that more flight disruptions could occur due to the rainy circumstances on Wednesday. The biggest airline in India, IndiGo, has alerted customers to possible travel disruptions owing to unfavorable weather conditions in Delhi, Srinagar, and Chandigarh.All departures/arrivals and the flights that follow may be impacted by the anticipated low visibility in Delhi (DEL), Varanasi (VNS), Patna (PAT), Ayodhya (AYJ), Bagdogra (IXB), and Darbhanga (DBR), light rain in Dharamshala (DHM), and snow in Srinagar (SXR) and Leh (IXL). "We kindly ask that passengers monitor the status of their flights," SpiceJet posted on social media site X.
Published 01 Feb 2024 03:23 PM
The Lunar New Year holiday and Beijings aspirations of strengthening the economy are in jeopardy due to a snowstorm.
As millions of Chinese get ready to travel for Lunar New Year, one of China's two main holiday seasons is under way. However, China's meteorologists are concerned that this year's holiday travels may be hampered by unfavorable winter weather. The China Meteorological Administration issued a warning on Tuesday, stating that until February 5th, large-scale rain, snow, and freezing temperatures could affect central and eastern China.Chills in the economy A ruined Lunar New Year might prevent the already faltering Chinese economy from getting a boost. Customers appear hesitant to spend as freely as they did prior to the epidemic, as evidenced by the fact that official travel estimates for the National Day Golden Week vacation in October of last year were dropped.PressBee News.. Fortune View the article from A blizzard poses a threat to Beijing's goals of improving the economy as well as the Lunar New Year holiday. Let's get specific. One area where the weak Chinese economy is improving is domestic tourism, but inclement winter weather could dash those plans. A snowfall poses a threat to disrupt the Lunar New Year celebration and on The original topic has been published and made available on Fortune; the PressBee editing staff has confirmed this, but it may have been somewhat altered or paraphrased from it. This news or issue can be read and followed directly from its primary source.
Published 01 Feb 2024 03:22 PM
A Davis Cup squad is hosted by the Indian High Commission.
Prior to their match against the Asian neighbors at the Islamabad Sports Complex, the Indian High Commission hosted the national Davis Cup team, which is scheduled to visit Pakistan for the first time in sixty years.The national Davis Cup team received a hearty welcome from the Indian High Commission in Pakistan on Wednesday, marking a historic occasion as the team gets ready to play its Asian rivals in Islamabad following a 60-year break. Despite long-standing diplomatic difficulties between the two countries, the welcome was a show of friendliness and sportsmanship, headed by Geetika Srivastava, the first woman to lead the Indian High Commission in Pakistan. This event is especially significant because it is the first time an Indian Davis Cup team has visited Pakistan since 1964.As a sign of goodwill, Srivastava said she was honored to have the Indian team visit her and wished them luck in their forthcoming match against Pakistan at the Islamabad Sports Complex. She emphasized the historic significance of the event and the importance of the reestablished athletic relations between the two surrounding nations."To have the Indian national team here is an honor. The fact that an Indian team is visiting Pakistan after a protracted absence is a historic event. "Everyone in this room wishes the team luck in their match against Pakistan," Srivastava remarked.The players' and High Commission representatives' interactions emphasized the shared excitement and unity surrounding the occasion. Conversations about the match and the significance of the impending tie reverberated throughout the party, demonstrating the competitive spirit and common love of tennis. There are a lot of stakes in the World Group I match between India and Pakistan, which is scheduled for February 3–4. The winner will guarantee their spot in Group I, while the loser would be sent to Group II. The fact that India has a perfect record versus Pakistan in Davis Cup history heightens the excitement for the impending match.
Published 01 Feb 2024 03:20 PM
Sakshi Malik, a wrestler, claims that the chief of false titles is suspended. The ministry of sports issues a legal notice.
Malik appealed to the sports ministry about the situation, questioning how a federation member who was suspended could embezzle money from the WFI.Olympic wrestler Sakshi Malik accused the suspended chairman of the wrestling federation of India (WFI), Sanjay Singh, on Tuesday of organizing championships and giving phony certificates, a month after the Central government suspended the WFI panel.Malik appealed to the sports ministry about the situation, questioning how a federation member who was suspended could embezzle money from the WFI. She said that athletes would run into problems if they presented phony credentials."The National Wrestling Championship is being run by Sanjay Singh, an associate of Brij Bhushan, as per his wish and he is giving fake certificates to the players, which is illegal," Malik said in a post on X, the previous Twitter platform.She continued by saying that the Sports Ministry was planning to host the national wrestling championship in Jaipur and that Singh was staging a phony tournament in order to "assert his dominance.""To demonstrate his superiority in wrestling, Sanjay Singh is forging and distributing fake certificates of several national championships before of the Sports Ministry's scheduled wrestling national championship in Jaipur. How is it possible for an individual under suspension from the organization to embezzle its funds?Malik went on to say that these certificates can result in the players being punished. "Action will be taken against the poor players when they go tomorrow to ask for jobs with these certificates." However, the players are not at fault.She urged Anurag Thakur, the minister of sports, to investigate the matter. "Sanjay Singh should be held accountable right away for his fraudulent actions, as he continues to conduct fraudulent acts even after his activities have been prohibited. Malik stated, "I beg the Sports Minister, Shri Anurag Thakur ji, to look into this matter and prevent the players' futures from being spoiled."Malik included an image of the purportedly fraudulent credentials being given to athletes in the article. Sanjay Singh received a severe warning from the Sports Ministry about possible legal consequences. Singh recently made "baseless and mischievous" comments about the government's recognition of WFI, to which this is in reaction. The ministry made it clear that any competition run by the WFI would not be accepted as "sanctioned."According to PTI, Singh had previously declared that almost 700 wrestlers would compete in the Senior National Championship, which would take place in Pune from January 29 to January 31.The ministry wrote to Singh, stating, "Again, you are making completely baseless and mischievous claims regarding the recognition of the Executive Committee of the WFI that is currently under suspension and about the competitions that you are holding in Pune."
Published 01 Feb 2024 03:18 PM
Employees at startups are always on edge due to layoffs at large internet corporations.
For those employed by huge, well-capitalized startups, the start of the new year has been gloomy as companies such as Swiggy, Flipkart, and Paytm are letting go of a significant portion of their workforces.This has increased fear among job searchers and prompted human resources (HR) professionals in the startup ecosystem to realign their expectations for the upcoming year.A somewhat astonished Flipkart employee affected by job layoffs told ET last week, "We had received good incentives and hikes all through 2022 and 2023," adding that it felt like a haphazard exit.As ET had reported on January 8, the nation's leading e-commerce giant has started a process to cut its workforce of 22,000 employees by 5-7%, affecting 1,100–1,500 workers. Overview For those employed by huge, well-capitalized startups, the start of the new year has been gloomy as companies such as Swiggy, Flipkart, and Paytm are letting go of a significant portion of their workforces.SUMMARY 121 Indian firms have laid off an estimated 34,785 people since the start of the funding winter in 2022. Since the beginning of the year, up to 24 Indian edtech startups—six of the seven unicorns in the edtech space—have let go of 14,616 workers. Up to 15,247 workers have been let go by 69 startups so far this year, demonstrating how little progress has been made in addressing job losses.
Published 01 Feb 2024 03:15 PM
Bhavish Aggarwal, the CEO of Ola, created Krutrim, the first $1 billion AI firm in India.
Bhavish Aggarwal, a serial entrepreneur, launched the AI business Krutrim, which has achieved unicorn status after raising $50 million from investors including Matrix Partners India.With OpenAI's ChatGPT launch more than a year ago, a plethora of Indian entrepreneurs and academic institutions are racing to develop large language models in Indian languages, or so-called Indic LLMs. In instead of depending solely on technology from the US or China, nations are attempting to develop their own rival AI systems. Europe's investors are flooding Mistral AI, France, which was formed a year ago and is currently valued at $2 billion. The Falcon concept, supported by a government research organization in Abu Dhabi, is highly promoted by the United Arab Emirates.India, a country of 1.4 billion people, is concentrating on developing more affordable, smaller AI systems. Last month, the generative AI startup Sarvam released OpenHathi, its first open-source Hindi LLM. Sarvam developed its system using readily available open-source models. Days after raising $41 million in funding from investors including billionaire Vinod Khosla and Lightspeed Venture Partners, the news was made.Ola, an Indian ride-hailing business, was founded by Aggarwal, who stated in a statement that "India has to build its own AI." "We are fully committed to constructing the first AI computing stack in the nation."
Published 01 Feb 2024 02:58 PM
In November, venture capital funding for Indian businesses hits a six-year low.
In January 2024 and 2023, there were just three late-stage deals, the same as in January 2023. However, the amount of capital fell by 41% to $31 million. It was $52 million in January 2023.Anand Lunia, founding partner of IndiaQuotient, stated in a previous interview with Moneycontrol that there is a discernible decline in series A, B, and subsequent agreements, which has led to a greater concentration at the seed level.The total amount invested in Indian startups is now negative due to the sharp decline in late-stage capital. According to Venture Intelligence statistics, new-age IT businesses reported only $366 million in 53 agreements in January, a decrease of almost 64% from $1,027 million in 48 deals in December. Additionally, the month saw a sharp drop in comparison to the same period last year, down 54% from $792 million in 70 agreements.November marked a six-year low for venture capital (VC) funding to Indian businesses, and the protracted funding winter shows little signs of abating.According to data released by Venture Intelligence on December 1, Indian entrepreneurs closed just $223 million in 35 agreements in November, a decrease of almost 66 percent from $655 million in 52 deals the month before. The only occasion when Indian entrepreneurs saw a decline in investment occurred in January 2017, when there were 43 deals totaling $207 million.Because of the holiday season and the approaching end of the year, November and December often receive less financing. VCs are focusing largely on finishing pending investments rather than taking on new ones. The numbers are declining because of this and investor concern, according to Mitesh Shah, founder of venture capital firm IPV, who spoke with Moneycontrol.Shah clarified that although investors are willing to assess companies, they are now more discerning and are not solely focused on profits. He stated, "People are now considering all of their options before committing to anything." Additionally, the month saw a sharp drop in comparison to November 2022 of $1.02 billion in 62 trades, a 78.2 percent year-over-year fall.Startups changing course The effect is noticeable in the total amount of funds for 2023. The amount of capital received by Indian companies up to November was $7.05 billion, a 71% decrease from $24.36 billion in 2022.
Published 01 Feb 2024 02:57 PM
After a viral video of a student being beaten went viral, Rahat Fateh Ali Khan responded. When I apologized to him, he began to cry.
In a now-viral video, singer Rahat Fateh Ali Khan is shown beating a man in a room over a "bottle." He explained the incident by saying the man was his apprentice.Speaking candidly, Rahat Fateh Ali Khan discussed a recently circulated video in which he was seen striking Naveed Hasnain with a shoe. Speaking with Adeel Asif on his podcast, the Pakistani artist expressed his regret to Naveed, referring to him as his "protege" or "shagird." He had already addressed the issue after receiving backlash on social media for supposedly physically torturing his protégé.Rahat apologized to Adeel for the incident and said, "I did apologize to him." Saying, "Ustaad ji (Sir), why are you doing this?" he broke down in tears. "Jaise role hota hai, baap ka," remarked the 49-year-old. Shagird ki jarurat hai baap hone ki baap. I am his instructor; humne woh role hi adaa kia hai. I've taken on the part of his dad).He continued by saying that he has been covering the costs of his employee's wedding and medical care for their family. Rahat was shown repeatedly kicking and slapping the worker with his shoe over a "bottle" in the widely shared video. He later clarified that it was "pir sahab ka dum ka paani (holy water)" in response to the many taunts he received.On trolls, Rahat Fateh Ali Khan The Pakistani singer responded to the trolling by saying, "He is my protege, and I accepted that I scolded and trashed him." I apologized afterwards. It was good up until this point, but now people are making fun of it. In actuality, though, he was carrying my holy water. People do not realize how serious the issue is. Since it concerns my spiritual guide, it is a very serious problem for me.Rahat Fateh Ali Khan, identifying the man as his pupil, was shown on the video striking and slapping him. "Where is my bottle?" he continued asking him. Rahat then referred to the event as a "internal matter" involving a boss and his worker. "What you have witnessed in these movies pertains to a dispute that exists inside between a shagird (protege) and a ustaad (master). We give our proteges a lot of praise when they perform well, and we penalize them when they make mistakes. In a different video that included Hasnain and his father, he clarified, "I had apologized to him at the same time."
Published 01 Feb 2024 03:54 PM
Overview for 2024 It is expected that the advertising market in India will reach a value of US$15.84 billion.
The Indian advertising industry has had a remarkable resurgence, outpacing forecasts and positioning itself as one of the fastest-growing sectors globally. It emerged as the fastest-growing market in the top 10 in 2023, taking eighth place in the worldwide ad expenditure rankings. Although the digital advertising business was initially predicted to develop at a moderate rate of 8–10% in the fiscal year 2022–2023, it exceeded predictions. Digital ad spending is expected to more than quadruple, reaching US$ 21 billion by 2027–2028, driven by economic tailwinds in 2023–2024.The growth of internet and smartphone users has caused a digital change in India's advertising industry. This has spurred a booming digital ad market that is expected to grow at a 12.3% annual rate to reach US$ 7.9 billion by 2027, according to IBEF. The internet and digital platforms are dominant, yet TV and traditional marketing still have a place. With 30% of advertising spending (about Rs. 8,757 crore or US$ 1.05 billion), social media takes the lead, followed by online video at 28% (almost Rs. 8,319 crore or US$ 1 billion). Display banners make up 16% (Rs. 4,816 crore or US$ 579.2 million) and paid search accounts for 23% (Rs. 6,895 crore or US$ 892.23 million).What's in store for 2024? For long-term business growth, the dynamic Indian digital marketing environment necessitates ongoing awareness of changing trends. According to projections, by 2024, advertising income in India is expected to reach Rs. 394 billion (US$ 5.42 billion). COO of Red Matter Technologies Vaasu Gavarasana, mentor and coach for marketing at T-Hub and IIT Madras, says: "Look for big changes in marketing strategies, especially a rise in TV advertising that is predicted to reach Rs. 394 billion (US$ 4.89 billion) in 2024. Surpassing its international rivals, Out-of-Home (OOH) advertising is expected to expand at an astounding 9.9% CAGR. As with television, the digital sector is expected to make about 38% of India's total advertising revenue. Anticipate a significant increase in spending on social media marketing, driven byFurthermore, in view of the impending interim budget declaration on February 1st, 2024, Red Matter Technologies CEO and co-founder Srikant Rajasekharuni emphasizes that "the proposed tax reduction for digital platform advertising from 18% to a lower rate lies in a potential game-changer." At the moment, there is an 18% tax on digital advertisements, which is far more than the 5% tax on ads in print media. Taking into account the rapidly expanding digital market in India, the Indian budget must review and reduce taxes on digital media in order to promote advertising and further revenue growth.A number of issues will influence the state of digital marketing and advertising in 2024. With 40% of the market, television is expected to dominate the Indian media landscape. Print media, at 13%, and the rapidly growing OTT and gaming sectors, at 8%, will follow closely behind. With a Compound Annual Growth Rate (CAGR) of 24%, the advertising-based video on demand (AVoD) market is expected to grow significantly and reach a substantial US$ 2.6 billion by 2025. This environment is favorable for digital advertisements on these platforms.According to IBEF, 600–650 million Indians are expected to actively connect with short-form videos in the future, devoting 55–60 minutes of their day to this content. India is projected to overtake the US, Japan, and China as the world's four largest TV advertising markets by 2027. Furthermore, by that same year, mobile internet advertising is expected to account for 73% of all online advertising revenue in India, further reshaping the constantly shifting landscape of digital advertising. These advancements herald a new era of interactive marketing and innovation and mark a turning point for digital advertising, affecting companies at all levels. The future seems like a dynamic environment where companies looking to succeed will need to strategically adapt to new trends.
Published 01 Feb 2024 02:54 PM
Google parent Alphabets share price drops 6 percentas ad revenue declines and capex increases.
Wall Street was let down by Alphabet on Tuesday when the company revealed that this year it would be spending more on things like servers that fuel artificial intelligence, despite the fact that holiday-season advertising sales fell short of forecasts.After hours trading saw a 6% decline in Alphabet shares. Alphabet's dominant businesses, Google and YouTube, have been up against competition for advertising budgets from other online platforms like Facebook, Instagram, TikTok, and Amazon.com, all against the backdrop of conflicting U.S. economic indications.The company's fourth-quarter ad revenue increased to $65.5 billion from $59.0 billion the previous year, with retail sales being a bright light. Based on LSEG statistics, that fell short of analysts' average projection of $66.1 billion.According to Thomas Monteiro, an analyst at Investing.com, "Alphabet's disappointing ad revenue numbers suggest that corporations worldwide are still uncertain about the pace of interest rate cuts from global central banks."Google, the creator of the technology that laid the groundwork for the current AI boom, is engaged in conflict with two major competitors in the market: OpenAI, the company that created ChatGPT, and Microsoft, which supports it.Microsoft's Azure grew faster in the same period that Google Cloud's revenue exceeded Wall Street forecasts and growth resumed with a boost from AI.Such AI demands significant investments in data centers, servers, and research. Alphabet's capital expenditures surged by 45% to $11 billion, the biggest level in years. During a conference call with analysts, Chief Financial Officer Ruth Porat stated that this year's capital expenditures will be significantly higher than those of 2023.Technology companies have been reducing staff and shutting down non-priority initiatives in order to save expenses. According to Porat, Alphabet anticipates spending $700 million on severance-related costs in the first quarter.Google is giving its ChatGPT competitor Bard access to a potent model suite dubbed Gemini. A agreement to invest up to $2 billion in the well-known AI firm Anthropic was also made, as it attempts to lure clients away from more established cloud rivals Microsoft and Amazon. Additionally, it is giving advertisers control over Gemini to maintain their financial support for Google's search division.However, because ad purchasers may be deterred by geopolitical and economic uncertainties, AI's boost to advertising may still be some way off. Alphabet's AI initiatives are being investigated by the US, and Google is preparing to file an appeal of a significant antitrust lawsuit that it lost. Alphabet reported $20.7 billion in profit for the fourth quarter."BETTER THAN AN AGENT" During the analyst call, Alphabet CEO Sundar Pichai highlighted the advancements made with AI in various areas of the company, such as posing new queries that Google can skillfully handle. Since OpenAI's November 2022 announcement of ChatGPT, which demonstrated to the public how so-called generative AI can create fresh text and graphics with a single command, a frenzy has engulfed the technology industry. The possibility of AI "agents" managing human demands with more autonomy has also increased with advancements.When asked about Google Assistant, the company's digital assistant, Pichai stated that artificial intelligence (AI) "allows us to act more like an agent over time" and "go beyond answers and follow through for users even more." Investor interest in Google Cloud has increased as Alphabet concentrates on artificial intelligence. The segment turned a quarterly profit for the first time last year, but as clients reduced their cloud expenditure, sales growth slowed. While Google has promoted competing technologies, Microsoft has been a formidable foe, integrating AI into its cloud and productivity suite, which has long been adopted by corporations.Pichai informed investors that cloud expansion was being encouraged by generative AI. With $9.2 billion in sales for the most recent quarter, Google Cloud exceeded analyst projections of $8.9 billion. While it was less than the 32% growth in the same quarter last year, cloud revenue growth had resumed its upward trajectory from the previous quarter, reaching 25.7%. Azure, Microsoft's cloud platform, saw a 30% increase in sales, the company announced on Tuesday.LSEG data shows that Alphabet's total revenue for the quarter ended December 31 was $86.3 billion, versus projections of $85.3 billion.
Published 01 Feb 2024 03:58 PM