10 C Economy News
Text view
CESL concludes tender for 10,900 electric buses under PM E-Drive scheme
The mega tender drew strong industry interest, with 16 bidders participating and 14 qualifying technically
Non-bank funding grows faster as India Inc cuts reliance on bank credit
India Inc is increasingly diversifying its funding by tapping equity markets and corporate bonds, reducing reliance on traditional bank loans. This shift reflects a structural move towards market-based financing amid a rate easing cycle. Overall credit to the commercial sector rose 13.2% to 290.38 lakh crore, with non-bank sources surging 17%.
Bharti Enterprises-Warburg to plug into Haiers India arm
Bharti Enterprises and Warburg Pincus are acquiring a significant stake in Haier India. This partnership aims to boost Haier's competitiveness and expand its market presence. The deal signifies a strategic move to challenge established players like LG and Samsung in the Indian consumer electronics market. This collaboration will leverage global expertise and local networks for accelerated growth.
India's petrol pump network surpasses 100,000; third-largest after US and China
India's petrol pump network has surpassed 100,000 outlets, nearly doubling in the last decade. This expansion has improved fuel access in rural areas and intensified competition. While private players hold less than 10% of the market, concerns exist about the economic sustainability of such rapid growth.
When is Christmas 2025? Date, history, significance, and celebrations
Christmas 2025 will be observed on December 25, marking one of the most significant festivals in Christianity. The day commemorates the birth of Jesus Christ and is celebrated globally for its spiritual and cultural importance. Families attend church services, exchange gifts, decorate homes, and dine together.
There are structural development gaps in government plans, the party said
Which restaurants are open on Christmas Day-December 25?
Restaurants open on Christmas: Christmas Day 2025 falls on Thursday, December 25, and several Americans will look for dining choices outside the home. While some restaurants shut for the holiday, many chains and local eateries will be open, providing meals, takeout, and festive specials. Chains such as Applebees, Dennys, Fogo de Cho, Burger King, and IHOP will welcome diners, though hours often differ by location.
XRP vs Bitcoin (BTC USD) 2026 prediction: XRP shows signs of strength and could outperform Bitcoin in 2026. Analysts predict XRP will lead major cryptocurrencies next year. A key support zone between $1.82 and $1.98 is holding strong. Positive cash inflows into XRP investment products continue. The XRP/BTC pair has confirmed a bullish breakout, signaling a new bull phase.
What is Steam store e502 l3 error and how to solve it? This explainer covers the Steam Store outage, user reports, causes of the E502 L3 error, server issues, past incidents, and step-by-step solutions users can try while waiting for Valve to restore services.
Is there an Epstein's Naughty List? The question surfaced after the White House shared a video of Donald Trump reading a so-called naughty list. Online reactions linked the clip to Jeffrey Epstein files released by the US Department of Justice, which include redactions and references to Trump.
Emma Heming, wife of actor Bruce Willis, opens up about the challenges of the holiday season. Willis battles frontotemporal dementia. Heming details how traditions have changed. She speaks of grief and joy coexisting. The family continues to celebrate, adapting to new realities. They unwrap gifts and share meals. Laughter and tears are part of their experience.
Pennsylvania nursing home explosion kills 2, firefighters & rescue teams show unprecedented heroism
Pat Finn, star of The Middle and Seinfeld, dies at 60 after a private battle with bladder cancer
Pat Finn, the actor and comedian recognized for playing Bill Norwood in The Middle and Joe Mayo in Seinfeld, has passed away at 60 after a battle with bladder cancer. It is with profound sadness and grief that the Finn family announces the passing of beloved comedic actor, Pat Finn, his representative stated. Finn, who primarily went into remission in 2022, saw the cancer return and metastasize.
Mumbai Embassy Office Parks REIT has sold two blocks at its Embassy Manyata Business Park in Bengaluru. The deal, valued at 530 crore, involved approximately 376,000 sq ft. EAAA Alternatives' Rental Yield Plus fund acquired the properties.
Restaurants and bars are preparing for a busy holiday season. Many are extending operating hours and introducing new menus. Businesses anticipate a significant sales boost, with some expecting up to a 20% increase compared to last year. Extended timings are being permitted in some regions to accommodate the festive demand.
Govt proactively addressing consumer complaints on 'innovative' dark patterns: Pralhad Joshi
India's Consumer Affairs Ministry is tackling deceptive online designs. Minister Pralhad Joshi highlighted efforts against 'dark patterns' that trick users. Guidelines were issued to regulate these practices. The ministry is actively handling new complaints. Digital justice platforms like e-Jagriti are speeding up case disposal, with over 1.4 lakh cases resolved.
Navi Mumbai Airport to take off today
Navi Mumbai International Airport commences operations on Thursday. Thirty flights will connect to nine domestic cities. IndiGo, Air India Express, Akasa Air, and Star Air will operate services. Over 4,000 passengers are expected on the opening day. The airport will initially operate from 8 AM to 8 PM. Round-the-clock services are planned from February 2026.
$1,776 Warrior Dividend payment taxable and does it affect my BAH or pay raise? This explainer answers service member questions about eligibility, taxes, LES timing, Guard and Reserve rules, funding, and whether the one-time payment changes BAH, BAS, retirement, or military pay raises.
Only 14% of workers max out their 401(k)s, despite rising retirement risks. Data from Vanguard shows the issue is largely structural. Wages have not kept pace with housing, healthcare, and childcare costs. For many workers, especially those earning under six figures, maxing out a 401(k) would require setting aside 20% or more of gross pay. After taxes. Every month. That reality puts the goal out of reach for millions.
Hari Babu Bodepudi is making a significant capital infusion into the newly merged Sequent Scientific and Viyash Life Sciences. This strategic investment will effectively reduce the combined company's net debt to nearly zero. Under Carlyle's leadership, the newly formed entity is poised to surpass a market capitalization of $1 billion.
CESL concludes largest mega tenders for 10,900 e-buses under PM E-Drive Scheme
Convergence Energy Services Ltd has successfully completed a large tender for 10,900 electric buses. This initiative under the PM E-Drive Scheme saw significant industry participation. The procured buses will be deployed across major cities like Bengaluru and Delhi. This move aims to boost public transport and reduce pollution. Private operators will manage operations and maintenance.
Average income, homeownership, and net worth for 4554-year-olds in the US
People usually earn the most money between ages 45 and 54. Income and wealth depend on education, homeownership, and spending habits. College graduates and homeowners often have higher earnings and savings. Managing money carefully helps build financial security and net worth. Even households with similar income can have very different financial stability based on budgeting and savings.
Credit card spending cools to pre-festive levels in Nov
Credit card spending in Mumbai saw an 11% dip in November, returning to pre-festive levels at 1.90 lakh crore, though still up 12% year-on-year. Despite this, new card issuances rose, with HDFC Bank leading additions. Analysts attribute the spending slowdown to post-GST normalization and cautious consumer behavior, expecting a mid-single-digit growth ahead.
Scuffle erupts among Matuas in Bangaon HQ
A major scuffle erupted among Matuas in Thakurnagar, the community's headquarters. This incident occurred after Union minister Shantanu Thakur made remarks regarding the potential deletion of one lakh Matua names. The conflict highlights a brewing factional war between Trinamool-backed supporters and Thakur's followers. Trinamool leaders have strongly criticized Thakur's statements and his role within the community.
Israel-Hamas war to return? Netanyahu warns Hamas: Signals Israeli attack in explosive new address
US rare earth buyers still see China curbs despite Trump deal
China is still limiting rare earth element supplies needed by the United States for permanent magnet manufacturing. This is happening even after a trade deal was reached in October. While China has increased deliveries of finished magnets, the US industry struggles to obtain the raw materials. This situation highlights ongoing tensions between the two nations.
Look up this Christmas for a special sight. The International Space Station will glide across the sky before sunrise on December 24 and 25. This bright, silent object will be visible to early risers in North America and Europe. No special equipment is needed, just clear skies and a bit of patience. Check local times for the best viewing opportunities.
Post- auction, Aviom India Housing Finance promoter tables a full settlement plan
Aviom India Housing Finance promoter Kajal Ilmi has submitted a revised settlement offer of 554 crore upfront, aiming to repay lenders and withdraw bankruptcy proceedings. This comes after Unity Small Finance Bank emerged as the winning bidder in a challenge auction for the company. The proposal includes an equity infusion and aims to maximize value for stakeholders.
Big brands want a ticket to get on the gravy train
Leading global and Indian food chains are seeking details on opening premium outlets at railway stations, anticipating higher sales potential than airports. The Indian Railways amended its catering policy to allow established brands like McDonald's and Haldiram's, with the first outlets expected in 2026, aiming to enhance passenger experience and boost non-fare revenue.
Can't invalidate agreements at Arshiya trade zone: NCLT
The National Company Law Tribunal has refused to reopen long-standing commercial agreements at Arshiya Panvel free trade and warehousing zone. The tribunal ruled that these arrangements, signed years before insolvency proceedings, cannot be challenged. This decision allows the original contracts with Ascendas Panvel FTWZ to continue as executed.
Budget 2026: Industry seeks faster tax dispute resolution
Businesses are pushing the government to fix tax uncertainties and speed up dispute resolution. Unclear rules and treaty issues could lead to more tax cases. Industry leaders want the budget to cut litigation and reform Tax Deducted at Source. A large number of appeals are pending, causing delays.
Indian Army JCO killed in firing in J&K's Samba district
A junior commissioned officer of the Army died in a firing incident inside a military camp in Samba district of Jammu and Kashmir. The incident occurred late Tuesday night. The cause of the firing is under investigation. Army officials have ruled out a terror angle. Subedar Surjeet Singh was identified as the braveheart who made the supreme sacrifice.
BSP's Unravelling: Once a third force, now hurtling towards zero MPs
The Bahujan Samaj Party, a former national third force, faces parliamentary absence for the first time. Once a significant player, the BSP drew a blank in the 2024 Lok Sabha polls. Its last MP's term ends in November 2026. The party's future hinges on the 2027 Uttar Pradesh Assembly elections.
Same-gender driver option to be mandatory on cab apps
The Ministry of Road Transport and Highways has mandated cab aggregators to offer passengers the option to select a driver of the same gender, where available, to enhance safety. Additionally, the guidelines now permit voluntary tipping by passengers after the completion of a ride.
India assures safeguards in place on New Zealand apple imports
India has granted New Zealand market access for apples under a new trade pact. The agreement includes safeguards to protect local farmers. A concessional duty applies only to a specific quota. Imports beyond this quota will face the full existing duty.
BMC polls: Marathi identity in play as Thackeray cousins join hands
Uddhav Thackeray and Raj Thackeray have joined forces for the upcoming Brihanmumbai Municipal Corporation elections. The two parties aim to counter the BJP-Shiv Sena alliance. They stated their union is to protect Marathi language and culture. The Thackeray cousins believe this alliance will safeguard Mumbai and Maharashtra. Seat-sharing negotiations are ongoing, with Raj Thackeray citing fears of candidate poaching.
Lower, fixed transaction fee for power exchanges in the works
India's electricity regulator is reviewing power exchange transaction fees. A fixed fee of 1.5 paise per unit is being discussed for most trades. Lower fees for longer-term contracts are also under consideration. This move aims for greater transparency and predictability for market participants. The regulator is also planning market coupling from 2026. This could benefit smaller exchanges.
Bengal CEO, officials train 4,600 micro observers
West Bengal's Chief Electoral Officer Manoj Agarwal trained over 4,600 micro observers for hearings concerning unmapped voters. These observers will work with EROs and AEROs. Meanwhile, the Calcutta High Court has directed the Election Commission of India to clarify the validity of OBC certificates issued after 2010. The court seeks a reasoned order on this matter within a week.
GI tag, carbon tax & intellectual property rights on top for India in January trade talks with EU
India and the European Union are set for crucial trade talks in early January. Discussions will cover geographical indications, critical mineral exports, and the EU's carbon border adjustment mechanism. India's steel export concerns are also on the agenda. Officials are working towards a swift agreement.
Road Ministry mandates cab aggregators to provide option of female drivers while booking a ride
Cab passengers can now choose a driver of the same gender. Female passengers can specifically select a female driver. This new rule aims to enhance passenger safety. Additionally, passengers can voluntarily tip drivers after their ride. The full tip amount will go to the driver. These changes are part of updated Motor Vehicles Aggregators Guidelines, 2025.
Notice to Anil Ambani: HC tells PSU banks not to take further action
The Bombay High Court has temporarily halted public sector banks from taking further action on fraud-related show-cause notices issued to Reliance Group chairman Anil Ambani. The court cited that the notices were based on a forensic audit report whose validity Ambani has challenged, and that proceeding would cause irreparable harm.
CBI to move SC challenging suspension of Kuldeep Sengar's life sentence in Unnao rape case
The CBI will challenge the Delhi High Court's decision to suspend the life sentence and grant bail to former BJP MLA Kuldeep Singh Sengar. Sengar was convicted in the 2017 Unnao rape case. He will remain in jail due to a separate 10-year sentence. The CBI and the victim's family opposed the bail.
Weird Science Icon Kelly LeBrock Steps Back Into the Spotlight for a good cause
Kelly LeBrock made a rare public appearance at Lisa Vanderpumps annual Dog Gala, stepping away from her secluded ranch lifestyle to support animal welfare. The former Weird Science icon attended in a tailored blazer, leather pants, and cowboy boots, emphasizing her enduring style. Long retired from Hollywood following a difficult divorce, LeBrock currently lives in Santa Ynez.
Sebi gives its go-ahead to road ministrys proposed public InvIT
SEBI has approved NHAI's Raajmarg Infra Investment Trust (RIIT), a public InvIT designed to monetize national highway assets and offer retail investors a stake in infrastructure growth. The first issuance is expected in February 2026, with 1,500 km of highways to be introduced over the next three to five years, fostering public participation in national development.
Supreme Court cases & judgements that shaped country's jurisprudence
In 2025, the Supreme Court of India witnessed a series of groundbreaking developments. An internal probe ignited impeachment proceedings against a judge from the Delhi High Court. Additionally, a presidential reference sparked a legal debate over the authority of governors and the President regarding the passage of bills.
Retiring in 2026? Avoid this common money mistake experts warn about
In 2025, pre-retirees face money challenges with the stock market and AI investments. Experts say its smart to rebalance portfolios, delay Social Security, and keep some cash safe. Staying in work longer and using guaranteed income like pensions can protect savings. Planning for real retirement costs helps avoid surprises and keeps your money safer for the future.
Fans of singer Chris Brown are expressing anger. They purchased his new Auracles sneakers in late November. Many customers have not received their orders weeks later. Buyers expected delivery within days. The limited edition Nami Frequency Low Top sneakers cost $125. This situation has caused significant frustration among his fanbase.
2025 was hard? 2026 will be MUCH worse: Italy PM Meloni's blunt forecast sparks alarm across world
UK, Canada, Germany and others condemn Israel's West Bank settlement plan
Britain, Canada, Germany, and several other European nations have condemned Israel's approval of 19 new settlements in the occupied West Bank. These countries stated that the settlements violate international law and risk fueling instability, urging Israel to reverse the decision.
Nine killed as govt bus hits two vehicles after tyre burst in Tamil Nadus Cuddalore
A government bus in Cuddalore, Tamil Nadu, veered into oncoming traffic after a tyre burst, resulting in a fatal collision with two private vehicles. Nine people were killed in the accident, with four others, including two children, sustaining severe injuries. Chief Minister MK Stalin announced financial aid for the victims' families.
Income tax refund failed? Here's a step-by-step guide for taxpayers to request refund reissue
Most taxpayers have received their ITR returns, but some still await refunds. If refunds fail, taxpayers can request reissue via the e-filing portal, ensuring bank details are correct.
Sabarimala gold case: Vijayan raises questions over Sonia Gandhi-Potty meeting
Kerala Chief Minister Pinarayi Vijayan challenged Opposition leaders regarding the Sabarimala gold theft case. He dismissed claims of accused individuals having personal access to him. Vijayan highlighted photographs showing the accused meeting senior Congress leader Sonia Gandhi. He questioned how the accused secured such meetings, suggesting these were formal engagements.
Vaishnaw thanks Rahul Gandhi for 'acknowledging success' of 'Make in India'
Two days after Rahul Gandhi hailed job creation at the Foxconn's unit in Karanataka and credited the Congress government in the state for setting an example by creating an ecosystem where manufacturing can growVaishnaw said that the Congress leader has acknowledged he success of Prime Minister Narendra Modi's 'Make in India' programme.
An employee has shared on Reddit how an attempt by HR to dismiss him without compensation collapsed after he used the companys own internal tools to prepare his defence. Accused of misconduct related to work-from-home days following layoffs and restructuring, he was served a detailed disciplinary notice and given limited time to respond.
'Prisoners for Palestine': Greta Thunberg detained in London| Hunger strikers face death behind bars
Millions paycheck could shrink January 7 as government debt crackdown is about to hit workers
Millions of Americans face paycheck cuts starting January 7, 2026, as the federal government restarts student loan wage garnishments. Up to 15% of after-tax income can be withheld for defaulted loans. Fresh Start grace periods ended in September 2025. New One Big Beautiful Bill rules limit borrowing and deferment options.
Many U.S. workers are not saving enough for retirement, even though higher savings can lead to a safer future. Only a small group manages to reach yearly 401(k) limits. Experts say saving early, using employer plans, and increasing contributions slowly can make a big difference over time.
Kerala CM alleges 'financial blockade' by Centre
Kerala Chief Minister Pinarayi Vijayan alleges the Union government is imposing a financial blockade. He states reduced borrowing limits and central transfers are straining Kerala's finances and development plans. Vijayan highlights cuts to borrowing capacity and declining central tax shares.
EU, France, Germany slam US visa bans as 'censorship' dispute deepens
The European Union, France, and Germany have strongly condemned U.S. visa bans targeting European citizens. These individuals are involved in combating online hate and disinformation. The U.S. administration accuses them of censoring free speech and unfairly regulating tech giants. European officials state they will respond swiftly and decisively to defend their regulatory autonomy against these unjustified measures.
Uttarakhand Cabinet cuts VAT on natural, raises medical faculty age limit
The Uttarakhand Cabinet has approved several key decisions. Value-added tax on natural gas has been reduced to five percent. The monthly pension for writers and artists has been doubled to six thousand rupees. The maximum age for appointing professors and associate professors in medical education is now sixty-two years. The government will also purchase apples from disaster-affected areas.
Its his traditional dinner!: Nick Fuentes escalates feud with JD Vance over his eat sh*t jibe
Gujarat govt will never allow commercial activity in Aravalli hills: Minister
Gujarat Forest Minister Arjun Modhwadia assures no mining or commercial activity will be allowed in the Aravallis. This statement follows allegations by an AAP MLA that the central government redefined the mountain range to benefit the mining mafia. The minister emphasized the state's commitment to protecting the Aravallis and highlighted a greening campaign.
Gujarat has achieved a historic milestone in renewable energy. Over 5 lakh rooftop solar systems are now installed, totaling 1,879 megawatts. This achievement under the PM Surya Ghar: Muft Bijli Yojna highlights Gujarat's leadership. The state continues to be the nation's frontrunner in rooftop solar installations. Citizen-friendly policies have made solar adoption accessible and affordable for all.
A Reddit users job rejection has sparked discussion after he said an employer described him as both overqualified and lacking experience for the same role. Despite carefully tailoring his application and performing well in the interview, the conflicting feedback left him confused and fatigued. The post has resonated with many professionals who say unclear expectations and shifting hiring standards have become common in todays job market.
How many times can you file a revised income tax return? Here's what I-T Department says
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.
Carrying over 1 million customers every 3 days, fully prepared for holiday season: IndiGo Airlines
Looking ahead, we are all set to welcome our and India's first Airbus A321XLR which will redefine medium-to-long haul flying for travellers in India and the subcontinent. We look forward to using these aircraft to connect Delhi and Mumbai with Athens starting 23 January 2026, as previously announced, IndiGo Spokesperson said.
Pax Americana over: Is US quitting NATO? US Secy of State Marco Rubio's response stuns allies
Putin addresses Parliament after deadliest Christmas attack: Weighs U.S peace plan, signals response
Which stocks could drive the $1 trillion semiconductor milestone? Bank of Americas top bets
The global semiconductor industry is heading into what analysts believe could be its most powerful growth phase yet. Artificial intelligence is no longer a niche driver. It is now the core engine reshaping chip demand across data centers, cloud computing, autonomous systems, and advanced enterprise software. According to Bank of America, global semiconductor revenues are on track to cross the historic $1 trillion mark in 2026.
India expresses concern over demolition of Hindu deity's statue in Thailand-Cambodia conflict
India has voiced concern over the demolition of a Hindu deity statue in the ongoing Thai-Cambodia border conflict. New Delhi stated such disrespectful acts hurt global followers' sentiments. India is urging both Thailand and Cambodia to resolve their border dispute through dialogue and diplomacy. The clashes erupted in July and resumed this month.
Only evil people would hide this: MTG goes all guns blazing at Trump for withholding Epstein files
IRFC refinances freight corridors Rs 10,000 crore World Bank loan
Indian Railway Finance Corporation has successfully refinanced a Rs 10,000 crore foreign currency loan from the World Bank. This move pertains to the Eastern Dedicated Freight Corridor project. The refinancing is projected to save India Rs 2,700 crore.
Chinese AI stocks rise: Investors bet on Alibaba, Tencent, Metax, and Moore Threads
Global investors are putting money into Chinese AI companies like Alibaba, Baidu, Tencent, MetaX, and Moore Threads. China is growing fast in AI and tech, backed by government support. ETFs and funds are giving access to these stocks, while experts warn of hype. Investors are balancing U.S. and China AI investments to reduce risk.
Delhi govt mandates fee regulation committees for private schools by January 10
Delhi private schools must now form Fee Regulation Committees by January 10, 2026. This new law aims for transparent fee setting. Committees will review fee proposals within 30 days. If no decision is reached, disputes go to a district-level body. The government emphasizes a balanced approach for all children.
40% pollution comes from transport: Gadkaris blunt admission on Delhis toxic air
He better watch his a*s!: Trump snaps at Colombian Prez over US seizure of Venezuelan oil criticism
Aravalli Bachao Andolan launched with 1000-km rally from Mount Abu
A 1,000-km foot march has begun in Jaipur to raise awareness about the Aravalli mountain range. Youth leader Nirmal Choudhary initiated the march from Mount Abu. Speakers highlighted the Aravallis' crucial role in Rajasthan's environment and water security. Concerns were raised about potential desertification and environmental crises if the mountains are destroyed.
Don't use smart spectacles, pen cameras in Parliament complex, MPs told
Members of Parliament are now advised against using advanced digital devices within the Parliament complex. The Lok Sabha Secretariat has issued a bulletin cautioning that smart spectacles, pen cameras, and smart watches could compromise member privacy. Such devices may also breach parliamentary privileges.
Nike stock today: Why NKE is surging after Apple CEO Tim Cooks biggest insider buy in over a decade
Nike stock today: Nike stock saw a significant jump after Apple CEO Tim Cook doubled his personal investment. Cook purchased shares worth approximately $3 million, signaling strong confidence in Nike's recovery plans. This move comes as Nike navigates challenges like declining margins and slower sales in China. The company is implementing new strategies to revive demand and strengthen its brand.
Powerball Jackpot Drawing: The United States' 4th-largest jackpot on record comes after 46 consecutive draws without someone claiming to have all six numbers.
Sunrise Festival 2026 to light up Indias Easternmost village in Arunachal Pradesh
Arunachal Pradesh will host the inaugural Sunrise Festival 2025-26 from December 29 to January 2 in Dong village, the first place in India to witness the dawn. This adventure-led cultural celebration aims to position the region as a global destination for nature, culture, and heritage.
Yogi warns encroachers, slams opposition over pre-2017 chaos, announces Jewar Airport operations
Pentagon report highlights cooperation between China and Pakistan in defence, space
A US Pentagon report reveals China's growing defense and space ties with Pakistan. Beijing is reportedly considering military bases in Pakistan and several other countries. China is also exporting combat aircraft and drones to Pakistan. The report notes China's increased global space cooperation, aiming to boost its image and challenge US leadership. China's naval exports are also expected to grow.
Negative FDI figures deeply concerning: Congress
The Congress party expressed deep concern over negative Foreign Direct Investment figures for October. They alleged the government is ignoring structural economic weaknesses. Instead of addressing sluggish consumer demand, the party stated the government demolished MGNREGA, a vital program for the rural economy. This action is seen as a consequence of flawed economic policies.
A new study from Japan suggests that kefir, a fermented milk drink known for gut health, may also help slow immune aging and support longevity. Researchers found that a kefir-derived bacterial strain reduced inflammation, protected key immune organs, and limited age-related immune decline in older mice. The findings highlight kefirs potential role in maintaining immune strength and physical function as people age, though experts note that more human studies are needed and caution is advised for certain groups.
Delhi will soon have six new air quality monitoring stations. These will be set up at prominent locations like JNU and IGNOU. This expansion aims to enhance pollution control efforts. The government is intensifying inspections and curbing industrial pollution. Public transport is also being improved. These measures will help in better management of air quality in the capital.
RBI postpones 2nd phase of quicker cheque clearing mechanism
The Reserve Bank has postponed the second phase of its faster cheque clearance system. This move provides banks more time to adjust their operations. The new system was scheduled to begin on January 3. Earlier, the first phase faced some initial challenges.
Astronaut Shubhanshu Shukla revealed that preparing for space travel involves unexpected sacrifices, including the preventive removal of wisdom teeth. This is because dental surgery is impossible in space, making even minor dental issues a significant risk. Other Indian astronauts shortlisted for the Gaganyaan mission also underwent similar dental procedures as part of their rigorous preparation.
US applications fall again last week, remain at historically healthy level
U.S. unemployment benefit applications dropped to 214,000 last week, falling below analyst expectations and remaining at historically healthy levels. This figure, a key indicator of layoffs, suggests the labor market is still robust despite some emerging signs of weakening. The four-week average of claims also saw a decrease.
NBCC enters Dubai real estate market with a mixed-use project
NBCC (India) Limited has acquired a prime land parcel in Dubai Mainland for AED 16 million to develop a mixed-use project, marking its international real estate expansion. This move, approved by the Ministry of Housing and Urban Affairs, makes NBCC the first Central Public Sector Undertaking to enter Dubai's real estate market as a developer.
