Author: Supriya Jena

  • Sonu Nigam Honors Rafi: A Tribute to His Musical Father”

    Sonu Nigam Honors Rafi: A Tribute to His Musical Father”

    In Mumbai, singer Sonu Nigam speaks about his admiration for the late Mohammed Rafi, whom he calls his “musical father.” As Rafi’s 100th birthday approaches on December 24, Nigam reflects on how comparing himself to Rafi is impossible. He feels he can never match the legendary singer’s unmatched talent.

    Nigam grew up listening to Rafi’s songs, and his parents, Agam and Shobha, always encouraged him to follow in Rafi’s footsteps. “Rafi sahab was the benchmark for all singers. He could sing anything—qawwalis, bhajans, sad songs, and even high-pitched numbers. He was my inspiration,” said Nigam in an interview.

    His first performance was at just four years old, singing “Kya Hua Tera Vada” from the 1977 movie “Hum Kisi Se Kam Nahin.” Nigam plans a special concert in Mumbai to honor Rafi on his 100th birthday.

    Rafi is one of the most celebrated playback singers in Hindi cinema history, known for timeless songs like “Main Zindagi Ka Saath Nibhata Chala Gaya,” “Gulabi Aankhein,” and “Kya Se Kya Ho Gaya.” Nigam, famous for hits like “Kal Ho Naa Ho” and “Suraj Hua Madham,” welcomes people’s comparisons to Rafi. However, he emphasizes, “You can’t compare a father and son. No matter what, I can never be like him.”

    Before Rafi passed away in 1980, he was the voice behind many iconic actors like Dev Anand and Dharmendra. Nigam was only seven years old at the time. “I’ve performed many of Rafi’s songs, learning from them like practice,” he explained. “He was an amazing singer with incredible versatility. I’ve tried to be versatile too.”

    Even though Nigam could never meet Rafi in person, he feels Rafi’s spirit lives on in him. “I’m really excited and honored to perform his songs on his 100th birthday,” he said

  • Elon Musk’s False Claims Trigger Congressional Chaos

    Elon Musk’s False Claims Trigger Congressional Chaos

    This week, Tesla and SpaceX owner Elon Musk, a billionaire and friend of soon-to-be President Donald Trump, made waves by trying to stop a bill in Congress that could prevent a government shutdown. He posted over 100 messages on X (formerly Twitter) and shared many false claims about the bill. Political expert John Mark Hansen from the University of Chicago commented that Musk is now a big player in politics, possibly overshadowing Trump.

    Musk opposed a large spending bill that was over 1,500 pages long. He falsely claimed that it would give Congress members a 40% salary increase. In reality, the most anyone could get would be a 3.8% raise, which means around $6,600 more. Most Congress members earn $174,000 a year, while the House Speaker makes $223,500.

    Musk also shared a false claim that the bill included $3 billion to build a new stadium for the Washington Commanders NFL team. The bill actually just allowed the land where RFK Stadium is located to be controlled by Washington, D.C. taxpayers. Mayor Muriel Bowser of D.C. responded, saying, “It’s all wrong—there are no federal dollars for a new stadium.”

    In another misleading post, Musk insisted that the bill funded bioweapon labs. What the bill actually did was support labs for medical research on dangerous diseases, not labs to create bioweapons.

    Some Congress members were not happy with Musk sharing wrong information. Rep. Dan Crenshaw of Texas told Musk he should check his facts before spreading claims.

    Lastly, the House of Representatives voted on a new bill backed by Trump, but it was rejected 174-235, with many Republicans joining Democrats against it. Finally, Congress passed another spending deal, and President Joe Biden was set to sign it into law soon. During his first term, Trump caused the longest government shutdown ever and disrupted a COVID-19 relief plan.

  • Indian Hospitality Sector Thriving: Hotels Set for Strong Growth!

    Indian Hospitality Sector Thriving: Hotels Set for Strong Growth!

    The Indian hospitality industry is looking great for the third quarter of FY25. After facing some challenges earlier in the year, hotels are bouncing back strong! The busy wedding season and exciting MICE events (Meetings, Incentives, Conferences, and Exhibitions) have really helped.

    Top hotel companies are expected to see their Revenue Per Available Room (RevPAR) grow by 10-12% compared to last year. This growth mainly comes from a rise in room prices, which are expected to increase by 8-10%. Recent checks in November show that many weddings are happening, which has led to a strong performance in hotels. Luxury hotels are doing even better, with RevPAR growth at 15-17%.

    December is also expected to be busy because of corporate events, cultural festivals, and holiday tourism, but we should watch for a drop in demand as the year ends.

    Cities such as Mumbai and Delhi NCR are seeing the most growth, with RevPAR increasing in low double digits due to active convention centers. Meanwhile, Bengaluru and Hyderabad are recovering well, too, driven by business from the IT sector and strong MICE events.

    Overall, there’s good news for the hospitality sector, with rising demand in flying and a steady increase in foreign tourists. Hotels are adding new locations and enhancing their services, ready to meet the growing demand.

    The future looks promising! Strong demand, corporate price increases, and improving operational efficiency are likely to boost room prices and occupancy rates. With a growing economy, better connectivity, and more people looking for experiences, this industry is set to thrive!

    Indian Hotels: Buy! Target at Rs 950, currently at Rs 880 (8% potential upside). They plan to have over 700 hotels by 2030, doubling their revenue to around Rs 150 billion. They aim for an impressive return on capital by FY30.

    Lemon Tree: Buy! Target Rs 190, currently at Rs 157 (21% potential upside). They are set for continued growth due to strong wedding demand and stable business conditions, with a 33% projected PAT growth over the next few years.

    (The author is Head – Research, Wealth Management, Niftystat. Note: Recommendations and views are solely the author’s and do not reflect the views of the the llv news the llv.com

  • Police Interrogate Telecom Workers Found Near Sanjay Raut’s Home

    Police Interrogate Telecom Workers Found Near Sanjay Raut’s Home

    Police questioned four men outside Sanjay Raut’s house because they were seen acting suspiciously. The men, who worked for a telecom company called Insta ICT Solution, were checking the network in the area on Saturday.

    Around 9:30 AM, two of the men rode a motorcycle and stopped outside Raut’s bungalow, called ‘Maitri.’ People waiting outside noticed them and quickly informed Raut’s younger brother, MLA Sunil Raut. After a short time, the men left, which made everyone even more suspicious.

    The police from the Kanjurmarg station quickly arrived to investigate. They talked to the four men and found out that they were just doing their job. Once the police confirmed their roles and that they worked for the telecom company, they released them.

  • Singh’s Move: Can Trudeau Survive the Coming Vote of No Confidence?

    Singh’s Move: Can Trudeau Survive the Coming Vote of No Confidence?

    The future of Canadian Prime Minister Justin Trudeau is looking shaky. Jagmeet Singh, the leader of the New Democratic Party (NDP) and an important supporter of Trudeau, announced he plans to suggest a vote to remove the minority Liberal government. In a letter he shared on social media, Singh said the Liberals don’t deserve another chance. He believes it’s time for Canadians to vote for a government that will truly work for them.

    Singh said he will use a special day in the House of Commons to introduce this vote. Right now, Parliament is on a winter break and will start again on January 27. Singh’s announcement raises many questions about Trudeau’s future, especially since at least 21 Liberal MPs have called for him to resign, according to CBC News.

    Just recently, Trudeau faced more troubles after Chrystia Freeland, his deputy prime minister and finance minister, resigned shortly before giving an important economic update. Freeland left due to disagreements with Trudeau about how to deal with issues, like potential tariffs from the new US President, Donald Trump.

    Singh’s letter said the Liberals have not kept their promises and that change is needed now. This news comes as Trudeau just announced changes to his cabinet. Even though the NDP ended their cooperation with the Liberals a few months ago, they have still voted to support them when the Conservatives proposed votes to remove the government.

    Conservative leader Pierre Poilievre has been calling for an election to happen quickly. He commented that if Singh had voted with his party, Canadians would already be preparing for an election campaign. Poilievre also mentioned he is asking Governor General Mary Simon to bring Parliament back urgently for a non-confidence vote to end Trudeau’s leadership.

    Trudeau has not replied publicly to these calls for his resignation and has told party members he will take time over the holidays to think about his next steps.

  • Congress Boosts Social Security for Certain Retirees Amid Concerns”

    Congress Boosts Social Security for Certain Retirees Amid Concerns”

    On Saturday, Congress passed a new bill that will give more money to certain retired workers, like former police officers and firefighters. The Senate voted 76-20, and the House had already passed it with 327 votes in favor. Now it’s up to President Joe Biden to sign it into law.

    This bill will change rules that have been in place for over 20 years. These rules reduced benefits for people who also get public pensions. Many normal workers rely solely on Social Security and what they can save. In fact, only about 1 in 10 private workers have pension plans.

    The new law will help about 2.5 million retirees, which is around 3% of all Social Security recipients. Some of these retirees could see hundreds of dollars more added to their monthly Social Security checks.

    However, some experts warn this could hurt the program’s finances. They estimate the cost of the bill will be about $196 billion over the next 10 years. Emerson Sprick, an expert at the Bipartisan Policy Center, expressed concern about the lack of understanding of the long-term problems with Social Security.

    The Committee for a Responsible Federal Budget also warned that this change could make financial issues worse. Their president, Maya MacGuineas, stated, “We are racing to our own fiscal demise.”

    Senator Ted Cruz spoke against the bill, saying it could harm seniors who depend on Social Security. Supporters of the bill believe that they can address these financial challenges in the future. Senator Michael Bennet, who supports the bill, mentioned that these are complex issues that need to be worked on together.

  • Jennifer Lopez May Testify Against Diddy in Sexual Assault Lawsuit”

    Jennifer Lopez May Testify Against Diddy in Sexual Assault Lawsuit”

    Jennifer Lopez is trying to stay away from the drama involving her ex-boyfriend, Sean “Diddy” Combs, especially as she deals with her divorce from Ben Affleck. While the split has been tough for her, it’s given her some relief from the nonstop gossip about Diddy. But now, a new legal twist might put her back in the spotlight.

    A prisoner named Derrick Lee Cardello-Smith is suing Diddy for an alleged sexual assault that happened in 1997. He wants Jennifer Lopez to testify in his case. Documents have reportedly referred to her as “Jennifer Lynn Lopez aka Jenny from the Block.” Derrick thinks Lopez might have information that could help his case against Diddy, given that she dated him from 1999 to 2001.

    Derrick met Diddy when he was working as a bartender. He claims that Diddy invited him to a party where he was drugged and assaulted. Other people have made similar claims about Diddy, accusing him of tampering with their drinks. When Derrick woke up, he says he saw Diddy with another woman and that Diddy allegedly told him, “I did this to you too!”

    Derrick is currently in prison in Michigan for unrelated crimes, including sexual misconduct and kidnapping. He is asking for $400 million in damages, believing that officials helped cover up Diddy’s alleged crimes.

    Diddy’s lawyer, Marc Agnifilo, has criticized Derrick’s lawsuit, calling it silly and based on lies. He argues that Derrick is looking for attention and that the claims came too late, as the time to make such claims has passed. Derrick replied that he was scared to come forward sooner because he feared Diddy would retaliate. Diddy’s team dismissed this claim, saying it’s not believable and that Derrick’s reasons for his fear don’t make sense.

  • PM Modi’s Significant Two-Day Visit to Strengthen India-Kuwait Relations”

    PM Modi’s Significant Two-Day Visit to Strengthen India-Kuwait Relations”

    On Saturday, Prime Minister Narendra Modi started a two-day trip to Kuwait, invited by Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Emir of Kuwait. This is the first time in 43 years that an Indian Prime Minister has visited Kuwait!

    During his visit, PM Modi will attend the opening of the 26th Arabian Gulf Cup as a special guest and meet with the Indian community at the ‘Hala Modi’ event in Sheikh Saad Al Abdullah Sports Complex. He shared on social media that he is excited to meet the Crown Prince of Kuwait and strengthen India’s long history with Kuwait.

    Arun Kumar Chatterjee, from India’s Ministry of External Affairs, explained that this visit is very important because it shows the strong friendship between India and Kuwait. PM Modi will be honored with a guard of honor at the Bayan Palace (Kuwait’s main palace) and will have meetings with Kuwaiti leaders to discuss various topics like trade and culture.

    This visit is expected to create new opportunities for cooperation between India and Kuwait and will also improve relationships with other countries in the Gulf. Chatterjee mentioned that PM Modi will visit a labor camp to show that India cares about its one million workers in Kuwait

  • Oil Prices Steady Amid Mixed Signals: What’s Driving the Market?

    Oil Prices Steady Amid Mixed Signals: What’s Driving the Market?

    Oil prices are staying the same lately, but there are different signs about what could happen next. Some good news came from strong demand for oil in the U.S. and Europe, meaning more people and businesses need it. This could keep prices up.

    But there are also concerns. For example, there are worries that the global economy might slow down. If people spend less money, they might not buy as much oil. This uncertainty causes mixed feelings among investors, making oil prices not change much.

    Additionally, there are factors from other countries. The ongoing war in Ukraine is affecting supplies, which can also impact prices. On the other hand, countries like Saudi Arabia and Russia have made deals to control how much oil they sell, which can keep prices stable.

    In short, while some signs are positive, others raise questions. This mix keeps oil prices steady right now as everyone waits to see what will happen next

  • U.S. Stocks Rally After Positive Inflation Report: What You Need to Know

    U.S. Stocks Rally After Positive Inflation Report: What You Need to Know

    U.S. stocks went up on Friday after a tough week, thanks to a good inflation report and some soothing comments from the Federal Reserve (the Fed). The latest report showed that prices went up by 2.4% in November compared to the year before, which is a bit better than what experts expected. People are still spending money, which is a sign that the economy is doing okay. After this news, investors started to think the Fed might cut interest rates sooner than they thought, likely starting in March 2025.

    Earlier in the week, the Fed had announced its third interest rate cut of the year but said there would only be two more cuts next year instead of four. This made investors nervous at first, causing stocks to drop. On Friday, however, things turned around: with every major stock index going up, the Dow Jones rose by nearly 500 points, marking its best day since November 6.

    Despite the Friday bounce, all three major U.S. indexes dropped for the week. The tech-heavy Nasdaq was particularly affected, ending a four-week streak of gains. All groups of stocks went up in Friday’s rally, with real estate leading the way. Small companies, measured by the Russell 2000 index, also saw their stocks rise.

    Investors were also keeping an eye on the U.S. Congress, which was rushing to prevent a partial government shutdown. Overall, many more stocks went up than down on the New York Stock Exchange and the Nasdaq. Friday saw a lot of trading activity, partly because of the end of some stock contracts, known as triple witching, where 21.58 billion shares changed hands.