Ircon International Ltd. has announced the appointment of Alin Roy Choudhury as its Chief Financial Officer (CFO) and key managerial personnel, effective January 1, 2025. Choudhury, who is currently the Chief General Manager of the finance division at the company, will succeed B Mugunthan. Mugunthan will be repatriated to the Ministry of Railways on December 31, 2024. Choudhury, a qualified cost and management accountant, has extensive experience spanning over 30 years in various do

A New York judge recently denied US President-elect Donald Trump's request to have his conviction for covering up hush money payments to a porn star thrown out on the grounds of presidential immunity. Judge Juan Merchan ruled that the immunity typically granted to presidents for official actions does not apply to the conduct involved in this case, which he deemed as "unofficial." This ruling keeps Trump's felony conviction intact, despite his legal team's attempt to use

India’s economy has consistently been a focal point for Non-Resident Indians (NRIs) seeking long-term investment opportunities. With its rapid economic growth, demographic dividend, and government reforms, India offers several promising sectors for NRIs to invest in. Himanshu Kohli, an expert in wealth management, highlights the top four sectors that provide significant potential for long-term returns. 1. Real Estate The Indian real estate m

The Kerala State Disaster Management Authority has issued a red alert for heavy rainfall in Pathanamthitta, Ernakulam, and Idukki districts due to a low-pressure system over the Gulf of Mannar. The Central Meteorological Department has also declared a high alert for central and southern Kerala. An orange alert is in effect for Thiruvananthapuram, Kollam, Alappuzha, Kottayam, and Thrissur districts, while a yellow alert has been issued for all other districts, excluding Kannur and Kasargod.

Australia is introducing new rules to compel large tech companies, including Google, Meta, and TikTok, to pay local publishers for news content. These companies, whose annual Australian revenue exceeds $250 million, will need to negotiate commercial deals with media organizations or face increased taxes. This move builds on the world-first law passed in 2021, which forced tech giants like Meta and Google to pay for news content shared on their platforms. The new rules aim to pressur

Haldi doodh, or turmeric milk, is a beloved Indian beverage known for its many health benefits, such as boosting immunity and aiding digestion. However, many people unknowingly make mistakes while preparing this wonder drink. Here are four common mistakes to avoid when making haldi doodh: Using Store-Bought Haldi: Fresh (kacchi) haldi contains more nutrients and curcumin, the active compound responsible for the drink's health benefits, compared to

In December 2024, two significant initial public offerings (IPOs) are set to hit the market, aiming to raise a combined ₹6,722.92 crore. The first, from International Gemmological Institute (IGI) India, a Blackstone-promoted company specializing in grading and accreditation for diamonds, gemstones, and jewelry, will launch its ₹4,225 crore IPO on December 13 and close on December 17. The IPO consists of a fresh issue of ₹1,475 crore and an offer for sale of ₹2,750 crore by Blackstone&

Kerala Chief Minister Pinarayi Vijayan has criticized the Union Government for delaying financial assistance to Wayanad, which was severely affected by landslides in July. Nearly 400 people were killed in the disaster, and despite 100 days passing since Prime Minister Narendra Modi’s visit to the affected villages, the state has not received any financial aid for rehabilitation. The Centre has been swift in helping other disaster-hit states, but Kerala’s requests for aid have been

Sanjay Malhotra, a 1990-batch IAS officer from Rajasthan, has been appointed as the 26th Governor of the Reserve Bank of India (RBI), succeeding Shaktikanta Das. The government announced that Malhotra will take charge from Wednesday for a term of three years. With a background in computer science from IIT Kanpur and a Master's in Public Policy from Princeton University, Malhotra has had a distinguished career spanning over three decades in various sectors, including finance, taxation, pow

Disease X is a term coined by the World Health Organization (WHO) to refer to a hypothetical, yet-to-be-identified pathogen with the potential to cause a global pandemic. While no cases of Disease X have been identified, the possibility of such an outbreak raises significant concerns worldwide, especially in densely populated countries like India. With the rapid spread of diseases in today’s interconnected world, Disease X could pose a serious threat if preventive measures aren’t

Brian Thompson, the CEO of US-based UnitedHealthcare, was fatally shot outside the New York Hilton Midtown hotel on Wednesday morning. Thompson, 50, was walking toward the hotel to deliver a keynote address at an investor conference when a gunman ambushed him. Surveillance footage captured the suspect, a white male wearing a hooded jacket and a black mask, approaching Thompson from behind and firing several shots with a semi-automatic handgun fitted with a silencer. Thompson was str

Gujarat opener Urvil Patel has made history by smashing his second T20 century in just six days, achieving the feat in the Syed Mushtaq Ali Trophy against Uttarakhand at the Emerald High School Ground. Patel reached his hundred in just 36 balls, leading Gujarat to an easy eight-wicket win in 13.1 overs. His 115* off 41 balls, which included eight fours and 11 sixes, propelled Gujarat to chase down 183 with 41 balls to spare. This remarkable feat comes just a week after Patel scored

PV Sindhu, the renowned double Olympic medallist badminton player, is all set to marry Venkata Datta Sai, an executive director at Posidex Technologies, on December 22, 2024, in Udaipur. The announcement comes just days after Sindhu clinched the Syed Modi International title, marking the end of her long trophy drought. Wedding events will commence on December 20, with a reception planned in Hyderabad on December 24. Sindhu’s father, PV Ramana, explained that the fami

In a rain-affected pink-ball warm-up match in Canberra, Sam Konstas emerged as the standout performer for Australia's Prime Minister's XI, scoring a brilliant century against the Indian side. Despite India's dominance throughout the fixture, Konstas showcased his potential as a promising cricketer, drawing attention to his skills and his confidence in facing top-level bowling. Notably, India’s marquee pacer Jasprit Bumrah was rested from the practice match, meaning Konstas d

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail to continue using the US Dollar. Trump's demand for a commitment from BRICS countries not to create a new currency or back alternatives to the dollar has put additional pressure on global markets, including the Indian Rupee. Along with this geopolitical

A controversy has erupted surrounding director Ram Gopal Varma (RGV), with reports claiming that the Andhra Pradesh police are searching for him, suspecting him of evading arrest. However, RGV has strongly denied these rumors. In a recent statement, he clarified that he is not absconding but is working on film-related tasks. He went on to state that no one had attempted to arrest him and that the police had never raided his office, famously known as 'Den' in Hyderabad. Addre

US President-elect Donald Trump has chosen Indian-American scientist Jay Bhattacharya to lead the National Institutes of Health (NIH), a pivotal role in overseeing health research and funding in the United States. Bhattacharya, a professor at Stanford University with expertise in health policy and the economics of aging, will work alongside Robert F. Kennedy Jr. to address the nation's most pressing health issues, including chronic illness and disease. Bhattacharya is known for his contro

The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o

In a recent initiative to transform Andhra Pradesh into a technology hub, Chief Minister N. Chandrababu Naidu introduced a comprehensive new IT policy designed to promote Deep-Tech and Artificial Intelligence. During a review meeting, Naidu revealed plans to build an iconic Deep-Technology structure in Amaravati, aimed at harnessing the latest advancements in technology. The state government also announced a seed funding scheme under the Start-Up Policy to support SCs, STs, BCs, minorities, a

Maharashtra Chief Minister Eknath Shinde tendered his resignation to Governor CP Radhakrishnan on Tuesday following the results of the assembly elections. Despite a significant victory for the Mahayuti coalition, which includes the BJP, Shinde-led Shiv Sena, and Ajit Pawar’s NCP, the decision on who will succeed Shinde as the new CM remains uncertain. Accompanied by Deputy Chief Ministers Devendra Fadnavis and Ajit Pawar, Shinde visited the Raj Bhavan to submit his resignation