Tag: llv news

  • Indian Rupee Expected to Fall to 85 per Dollar: What You Need to Know

    Indian Rupee Expected to Fall to 85 per Dollar: What You Need to Know

    The Indian rupee is expected to drop to a new low, hitting around 85 rupees for every U.S. dollar in the next six months. This prediction comes from a recent survey of foreign exchange experts. The Reserve Bank of India (RBI) has been trying to help the rupee by using its large savings, but even with those efforts, the currency reached a record low of 84.74 rupees on Tuesday.

    India’s economy, which is growing faster than any other major country right now, saw a surprising slowdown, growing only 5.4% in the last quarter. This news has led some people to think the RBI might lower interest rates soon. However, only a small number of economists believe a rate cut will happen this month; most think it will happen in the first part of 2025.

    Meanwhile, U.S. President-elect Donald Trump’s proposed tariffs have made the U.S. dollar stronger, rising almost 6% since October. The RBI has used around $50 billion from its reserves to support the rupee, but foreign investors have pulled out over $13 billion from India during this time.

    Forecasts from the survey suggest the rupee will weaken further, trading at about 84.85 per dollar in three months and around 85.12 in six months. The rupee is also considered expensive compared to other Asian currencies, so it needs to drop more. Some experts believe that the government can still support the economy through increased spending, interest rate cuts, and keeping the rupee low.

  • Manager Defends Hazlewood Amid Fox Cricket Controversy Over Comments

    Manager Defends Hazlewood Amid Fox Cricket Controversy Over Comments

    Josh Hazlewood’s manager, Neil Maxwell, has voiced strong criticism against Fox Cricket for creating drama around Hazlewood’s comments. During a press conference after Australia lost to India, Hazlewood, a lower-order batsman, said he didn’t want to discuss the team’s batting performance and suggested that the batters should be asked instead.

    Maxwell believes Fox Cricket twisted this remark to imply there’s a rift within the Australian cricket team. He emphasized that Australian players have never been closer, calling the idea of a divided team “ridiculous.” He said that suggesting Hazlewood’s comments mean there’s trouble in the dressing room hurts the credibility of the media.

    Maxwell also pointed out that media outlets are often desperate for storylines, which makes players reluctant to speak openly. He explained that with so many reporters looking for stories, there’s no benefit for players to share their honest thoughts.

    Fox Cricket used Hazlewood’s quote to fuel discussions among commentators, making it seem like there was tension within the team. This prompted more speculation and criticism about Hazlewood and the team, which only added to the drama.

  • Pushpa 2 Shatters Records with Over ₹16 Crore on Day 1!

    Pushpa 2 Shatters Records with Over ₹16 Crore on Day 1!

    Get ready for some exciting news! The much-awaited movie ‘Pushpa 2’, starring Allu Arjun, is off to an amazing start on its first day. According to reports from Niftystat, the movie has already earned over ₹16 crore from ticket sales, and that number is still climbing!

    Before the official release, ‘Pushpa 2’ made an impressive ₹8 crore from special advance showings at selected theaters across India. The early audience and critics loved it, which has everyone excited to see it.

    The film’s makers, Mythri Movie Makers, are celebrating because they sold around 4 lakh tickets in the popular theaters PVR, Inox, and Cinepolis, with PVR selling an impressive 3,25,000 tickets alone.

    On a global level, ‘Pushpa 2’ pulled in a record-breaking ₹125 crore in pre-sales, including those special advance tickets. In India alone, the advance bookings were a jaw-dropping ₹85 crore! Experts believe weekend ticket sales will continue to rise even more.

    About ‘Pushpa 2’

    Directed by Sukumar, ‘Pushpa 2: The Rule’ is the follow-up to the popular 2021 movie ‘Pushpa: The Rise’. The film features catchy songs from music composer Devi Sri Prasad and background scores from Thaman and Sam CS.

    With a huge budget of ₹500 crores, fans are eagerly awaiting this cinematic experience. The talented cast includes Jagadeesh Prathap Bandari, Jagapathi Babu, Prakash Raj, and Anasuya Bharadwaj, which adds depth to the story.

    After three years of hard work, the film finally made it to theaters. It was supposed to release on Independence Day but has been rescheduled to December 4, 2024.

    The story follows Pushpa’s journey as he climbs to the top of the red sandalwood smuggling world, facing new challenges and enemies. Rashmika Mandanna is back as Srivalli, who is now Pushpa’s wife, and Fahadh Faasil returns as SP Bhanwar Singh Shekhawat, Pushpa’s tough opponent.

    To reach a wider audience, ‘Pushpa 2’ will be available in several languages, including Telugu, Tamil, Hindi, Kannada, and Malayalam.

  • Powell’s View: Strong Economy & Cautious Approach to Interest Rate Cuts

    Powell’s View: Strong Economy & Cautious Approach to Interest Rate Cuts

    U.S. Federal Reserve Chair Jerome Powell recently shared that the economy is doing better than expected. When the Fed started lowering interest rates in September, they thought the economy was weaker. Now, Powell says the job market looks good, the economy is growing stronger, and inflation is a bit higher than they thought.

    Powell spoke at a New York Times event, and his comments came just before a big Fed meeting on December 17-18, where they are likely to make more decisions about interest rates. Some Fed officials, like Christopher Waller, have hinted they might cut rates again soon, unless new data suggests otherwise. Powell seems to agree with this cautious approach.

    He mentioned that the Fed’s previous rate cut was a signal to support jobs if the market was weak. But now, better data suggests the economy is stronger than they had anticipated.

    Federal officials will soon get new data on jobs and inflation that will help them decide what to do next. Powell emphasized that their decisions are based on the current situation, not on what might happen in the future.

    Other Fed officials like Alberto Musalem and Thomas Barkin are also being careful. They want to look at new information before making any promises about future rate cuts. The inflation rate remains above the Fed’s target of 2%, so they are keeping a close watch on it.

    With mixed signals from various reports—some showing stronger spending and others pointing to concerns about rising prices—Fed officials are staying on alert and cautious about their next moves.

  • Amnesty International Accuses Israel of Genocide in Gaza War

    Amnesty International Accuses Israel of Genocide in Gaza War

    THE HAGUE: Amnesty International has accused Israel of committing genocide against Palestinians during the ongoing Gaza war, according to a report released on Thursday. This serious claim has been denied by Israeli leaders. Amnesty stated that after months of examining events and statements from Israeli officials, they believe the actions taken meet the requirements for genocide.

    The 1948 Genocide Convention defines genocide as actions aimed at destroying, either fully or partly, a national, ethnic, racial, or religious group. Israel has rejected these genocide claims, asserting it is acting within international law to defend itself following a Hamas attack on October 7, 2023, which killed 1,200 people and took over 250 hostages. Since then, Israel has launched a military campaign in Gaza resulting in the deaths of more than 44,400 Palestinians, according to Gaza’s Health Ministry.

    Amnesty argues that most people in Gaza, which has 2.3 million residents, are now displaced, many multiple times. At hearings earlier this year at the International Court of Justice (ICJ) in The Hague, where South Africa accused Israel of genocide, Israeli lawyers denied any such intentions. They claim their goal is to eliminate Hamas, not to harm Palestinians as a group.

    Agnes Callamard, Secretary General of Amnesty International, emphasized that their findings were not made lightly. After reviewing over 100 statements from Israeli officials, she strongly believes genocide is occurring. Callamard pointed out that Israel’s claim that its war only targets Hamas does not hold up under examination.

    Amnesty has called on the International Criminal Court (ICC) to investigate these genocide claims. The ICC is already looking into alleged war crimes in the Palestinian territories

  • Aditi Rao Hydari Shines as a Freedom Fighter in Heeramandi!

    Aditi Rao Hydari Shines as a Freedom Fighter in Heeramandi!

    Aditi Rao Hydari stole everyone’s heart with her role in Sanjay Leela Bhansali’s new series, Heeramandi. She plays a courtesan named Bibbojaan who becomes a brave fighter for freedom. In a recent interview with The Hollywood Reporter India, Aditi talked about her exciting experience filming the series.

    When asked about any challenging scenes, Aditi shared, “I was really worried about my two mujras. Even though I’ve danced since I was a kid and learned Bharatnatyam, mujra was something completely new. It’s a dance style that requires a lot of skill, especially when taught by someone as detailed as Sanjay Leela Bhansali.”

    She also mentioned that for the important scenes where she delivers powerful speeches, Bhansali asked her to skip meals for a day. “Being a little hungry actually helped me perform better. He joked that when I eat, my speeches might seem more like romantic scenes,” she laughed.

    The series is set during the time of the Indian independence movement and shows the struggle between the courtesans in Heeramandi, Lahore, and British officials. It features a talented cast including Sonakshi Sinha, Richa Chadha, and Fardeen Khan. Excitingly, a second season is already in the planning stages!

  • Vaughan Supports Cummins’ Comeback in Pink-Ball Test vs. India

    Vaughan Supports Cummins’ Comeback in Pink-Ball Test vs. India

    Michael Vaughan believes that Pat Cummins, the captain of Australia, can regain his form in the upcoming pink-ball Test against India during the Border-Gavaskar Trophy. In the first Test in Perth, Cummins didn’t perform well, taking only three wickets and leading his team to a tough 295-run loss.

    Vaughan pointed out that Cummins seemed a bit out of practice because he hadn’t played a Test since March. “He’s an excellent bowler and captain, but he looked a bit rusty in Perth,” Vaughan said on The Follow On. “I think this week in Adelaide, he will be faster and more in control after playing last week.”

    In the first innings at Perth, Australia was able to bowl out India for just 150 runs. However, their top three bowlers—Cummins, Mitchell Starc, and Josh Hazlewood—struggled in the second innings, allowing India to score 487 runs before declaring.

    Vaughan believes that playing in the first Test is good for Cummins. “It helps him get used to the longer format again, so he should be better this time,” he added.

    Cummins has also seen a drop in pace this year, which made it harder for him to trouble the Indian batsmen. Vaughan explained, “If his speed is down, it gives batters more time to adjust. We saw this during the Ashes when England was able to score easily against him.”

  • Key Stock Market Updates: Vodafone, Torrent Pharma, and More!

    Key Stock Market Updates: Vodafone, Torrent Pharma, and More!

    The stock market had a rollercoaster day and ended almost unchanged, taking a short break after rising for three days. Today, we should watch out for shares of Vodafone Idea, Indus Towers, Torrent Pharma, Bharat Forge, and Indraprastha Gas because of several important news updates.

    PG Electroplast: This company started a plan to raise up to ₹1,500 crore by selling shares, aiming for a price between ₹690 and ₹699 each.

    Bondada Engineering: They got an order worth ₹108.9 crore from the Bihar Renewable Energy Development Agency.

    Force Motors: Their sales grew by just 0.05%, totaling 1,885 units in November, up from 1,884 units last year.

    Torrent Pharma: They made a deal with Boehringer Ingelheim to buy 3 brands that help manage diabetes.

    Bharat Forge: This company also plans to raise money by selling shares, setting a starting price of ₹1,323.54 each.

    Technopack Polymers: Their board approved a plan to give bonus shares to current shareholders, meaning each shareholder will receive one extra share for every share they already own.

    Indraprastha Gas: This gas company will suggest giving out bonus shares to its shareholders at a board meeting on December 10.

    Vodafone Idea and Indus Towers: Keep an eye on these two companies because Indus Towers announced that they have released a 3% pledge of shares by Vodafone’s Promoters to ensure Vodafone Idea pays its debts.

  • Shastri Supports Rohit Sharma’s Move to Bat at No. 5 in Adelaide Test

    Shastri Supports Rohit Sharma’s Move to Bat at No. 5 in Adelaide Test

    Ravi Shastri, the former coach of the Indian cricket team, shared his thoughts on where Rohit Sharma should bat in the upcoming second Test of the Border-Gavaskar Trophy. This Test will take place in Adelaide and start on Friday. Rohit missed the first Test in Perth because he was busy welcoming his second child.

    Now that he’s back, there’s a debate on what his batting order should be. Normally, Rohit would open the batting, but KL Rahul did a great job in the first Test, scoring 77 runs as an opener. Because of this, Shastri believes Rohit should bat at No. 5 to maintain the strong opening partnership with Rahul and Yashasvi Jaiswal.

    Shastri suggested that Rohit is smart enough to figure out where he can be most dangerous against Australia. He reminded everyone that Rohit started his career batting lower down the order and has plenty of experience. In Test matches, he scored 1,474 runs batting at No. 5 or lower, with nine half-centuries and three hundreds.

    Shastri also praised Rahul’s performance and mentioned that it makes sense to keep him in the opening position while Rohit bats in the middle order. Additionally, Shubman Gill is back from an injury and will likely bat at No. 3, which strengthens India’s batting lineup.

    Shastri feels this is one of the strongest batting teams India has ever taken to Australia. He suggests keeping the same bowlers who played in the first Test to maintain good momentum.

  • California School Shooting: Two Children Injured, Shooter Dead

    California School Shooting: Two Children Injured, Shooter Dead

    On Wednesday afternoon, a shooting happened at a small religious school in Northern California, leaving two kids hurt. The shooter died after what looks like a self-inflicted gunshot, according to local sheriff officials. The exact condition of the injured children hasn’t been shared yet.

    This sad event took place at Feather River School of Seventh Day Adventists in Palermo, a small town with about 5,500 people, located around 65 miles north of Sacramento. Butte County Sheriff Kory L. Honea shared that they received 911 calls about someone who was firing shots at students. They also mentioned that the shooter didn’t have any connection to the school. The reason behind the shooting is still unknown.

    One of the injured kids was flown to a nearby hospital for treatment. After the incident, other students were quickly taken to the Oroville Church of the Nazarene to reunite with their families, as reported by the sheriff’s office. Feather River School has been in operation since 1965 and typically serves fewer than 40 students, according to its website.