Tag: the llv

  • Puducherry Schools Closed Amid Cyclone Fengal’s Heavy Rain and Flooding

    Puducherry Schools Closed Amid Cyclone Fengal’s Heavy Rain and Flooding

    Due to heavy rain from Cyclone Fengal, all government and private schools, along with colleges in Puducherry, will be closed on Tuesday, December 3. Education Minister A. Namachivayam made this announcement.

    To help those affected by the cyclone, Chief Minister N. Rangaswamy shared that the government will give relief money of ₹5,000 to every household with a ration card that was impacted. Puducherry received a surprising 48% more rain than usual, which damaged about 10,000 hectares of crops. Farmers who lost their crops will receive ₹30,000 for each hectare impacted.

    Cyclone Fengal has caused a lot of damage in both Puducherry and Tamil Nadu. Flooding has damaged 50 boats, and the government will also provide ₹10,000 to help with repairs.

    In particular, the Sankaraparani River in Puducherry saw severe flooding. Over 200 homes in NR Nagar were underwater, leaving many residents stranded. The Indian Army and the National Disaster Response Force (NDRF) are working hard to rescue those in trouble, using boats to navigate the flooded areas and bring people to safety.

  • Asian Stocks Surge Following US Tech Rally – What to Expect in December?

    Asian Stocks Surge Following US Tech Rally – What to Expect in December?

    Asian stock markets went up after good news from Wall Street, where top technology companies helped stocks reach new highs. Japan and South Korea saw their stock indexes rise, and Australian shares also went up. Futures for Hong Kong and the US markets stayed steady. Now, all eyes are on upcoming financial reports and comments from the Federal Reserve (Fed), which will help us understand what might happen with interest rates.

    The S&P 500, a big US stock index, hit another record high for the year, while the tech-focused Nasdaq 100 gained over 1%. The US dollar ended its three-day drop after President-elect Donald Trump warned nations in the BRICS group about their economies. Meanwhile, French stocks and bonds faced pressure as the euro dropped by 1.1% due to political issues in the country.

    Traders are preparing for a busy week of important economic data, especially Friday’s jobs report, which is expected to show an increase in US hiring after problems from hurricanes and a major strike. On Wednesday, Fed Chair Jerome Powell will speak, and investors are hoping for updates about the job market and inflation.

    This week is really important for economic data, according to Tom Essaye from The Sevens Report. If the news is positive, it could lead to a gentle slowdown in the economy and a potential interest rate cut in December. Currently, the S&P 500 increased by 0.2%, while the Nasdaq 100 rose by 1.1%. Tesla Inc. saw a drop in after-hours trading after a judge rejected a huge pay package for its CEO, Elon Musk. The Dow Jones Industrial Average went down by 0.3%, and Treasury yields increased.

    In a move aimed at limiting China’s tech advancements, the US announced new restrictions on China’s access to important parts needed for chips and AI. These new rules could impact companies like SK Hynix and Samsung in South Korea, as well as Micron Technology in the US.

    Chinese investors are anxious for signs of government help to boost their struggling economy, especially since there was no update after a major meeting of the Communist Party. They are looking forward to the upcoming Politburo gathering, which usually focuses on economic issues.

    In Europe, political tensions are rising as Marine Le Pen has threatened to bring down Prime Minister Michel Barnier’s government due to budget disagreements.

    Back on Wall Street, the mood is optimistic. Fed’s Waller mentioned he might support a rate cut later this month, which is in contrast to concerns from a year ago when many feared a tough 2024 for the economy and stock market. A lot of people now believe the stock market will end the year strong.

    Experts suggest we are in a “Goldilocks” zone, where the economy is good enough to support company earnings but also weak enough to allow for rate cuts. December historically brings good market performance, especially when stocks have done well earlier in the year.

    According to Bespoke Investment Group, when the S&P 500 is up more than 20% through November, it usually gains about 1.77% in December.

  • Deloitte Launches AI Center in India: New Opportunities Ahead!

    Deloitte Launches AI Center in India: New Opportunities Ahead!

    Deloitte is planning to open a new center called the Global AI Simulation Centre of Excellence (CoE) in Bengaluru, India. This center will focus on new technologies like artificial intelligence (AI), especially a type called generative AI. In an interview, Nitin Mittal, who leads Deloitte’s global generative AI, explained why India was chosen for this exciting project.

    Why Did Deloitte Pick India?
    Deloitte decided on India for a few important reasons. First, India has a lot of skilled workers in the field, not just in Deloitte but also in startups and schools. Second, many big companies, like those on the Fortune 500 list, operate here. In Bengaluru alone, 38% of these companies are located. Other places, like the Nordic countries, may have talent but not at the same level or price. India offers unique benefits that help both global and local clients.

    How Much Money is Deloitte Investing?
    Deloitte is investing between $5 to $10 million in this new AI center and some related initiatives. This money will be used for things like technology, software, and other resources.

    Will Generative AI Make Services Cheaper?
    While it might seem like costs will go down, generative AI is actually helping create more business opportunities. More clients are interested in working with Deloitte, which means more projects and new areas of advice.

    What Will Change with Generative AI?
    Old methods of giving advice, like creating presentations, are changing. Now, Deloitte uses generative AI to gather insights first and then adds expert opinions. This approach helps clients visualize and interact with information in new ways, leading to more successful deals with new clients.

    Will Deloitte Use Generative AI in Services?
    Yes! In the past 18 months, Deloitte has worked with over 700 clients using generative AI. Currently, about one-third of their clients want to see this type of AI in their projects. In the next 18 months, this number is expected to grow to about two-thirds.

  • Israel Strikes Lebanon in Response to Hezbollah Attack: Tensions Escalate

    Israel Strikes Lebanon in Response to Hezbollah Attack: Tensions Escalate

    On Monday, Israel launched air strikes in Lebanon after Hezbollah claimed to have attacked an Israeli position. This was the first such incident since a fragile ceasefire began last week to end ongoing fighting that has caused many deaths and forced people to leave their homes.

    Both Israel and Hezbollah have been accused of breaking the ceasefire, which started on Wednesday to calm the violence that had affected people on both sides of the border. Israel believes Hezbollah violated the truce and has acted in response.

    Hezbollah reported that it targeted an Israeli post near the contested area of Kfar Shouba. Israel’s military confirmed that Hezbollah fired projectiles at one of its positions at Har Dov, also known as the Shebaa Farms.

    Israeli Prime Minister Benjamin Netanyahu described Hezbollah’s actions as a “serious violation” and promised a strong response. Defence Minister Israel Katz echoed this sentiment, stating that Israel’s military would take strong action. Soon after, Israel announced it was targeting places in Lebanon linked to Hezbollah.

    In Lebanon, the speaker of parliament, Nabih Berri, accused Israel of breaking the ceasefire. He stated that Israel’s actions are a clear violation of the agreement.

    In September, fighting escalated again when Israel shifted its focus from Gaza to Lebanon due to ongoing attacks from Hezbollah. French Foreign Minister Jean-Noel Barrot urged all sides to respect the ceasefire during a conversation with Israeli Foreign Minister Gideon Saar. Saar dismissed the accusations against Israel, saying they were acting only in response to Hezbollah’s violations.

    According to the deal, Hezbollah must pull back its fighters from areas south of the Litani river, and both Lebanese troops and UN peacekeepers should be present there as Israel withdraws over the next two months.

    A committee made up of representatives from France, the UN, Israel, Lebanon, and the US is responsible for monitoring this agreement and addressing any violations. Berri criticized the committee for not acting on the more than 54 violations he claimed had occurred, and urged them to ensure Israel stops its actions in areas it occupies.

    Despite the violence, the United States believes the ceasefire is still in place and is monitoring any potential violations. Recently, an Israeli strike reportedly killed one person in southern Lebanon, and an Israeli drone injured a Lebanese soldier in the east. The situation is tense as both sides continue to blame each other for the rising violence.

  • Allegations Unravel: Asit Modi’s Controversial Behavior on Taarak Mehta

    Allegations Unravel: Asit Modi’s Controversial Behavior on Taarak Mehta

    There have been serious accusations against Asit Kumarr Modi, the producer of the popular show “Taarak Mehta Ka Ooltah Chashmah.” First, Jennifer Mistry Bansiwal, who used to play the character of Female Jethalal, accused him of sexual harassment. She claimed that Asit made unwanted advances toward her multiple times and even tried to stop her from leaving the set. Jennifer shared a scary story from March 2019 when they were in Singapore for a shoot. Asit complimented her in a way that made her uncomfortable, saying her lips were “worth kissing” and inviting her to his room. She said her colleagues had to step in to help her and keep him away.

    Jennifer also mentioned that when she was pregnant, they fired her from the show despite her wanting to stay and suggesting new story ideas. Moreover, she faced issues with unpaid salaries where her pay was cut for half days even after informing them in advance.

    Monika Bhadoriya, who played Bawri on the show from 2013 to 2019, also spoke out about Asit’s bad behavior on set, describing it as “gundagardi” or bullying. She said Asit calls himself “God” and made her sign a contract to silence her. She, along with other actors like Raj Anadkat and Gurucharan Singh, mentioned that they are still waiting for their unpaid salaries.

    Shailesh Lodha, another former actor, quit the show nearly a year ago and is still fighting with Asit over unpaid money. Shailesh mentioned that he didn’t chase Asit for a role, as he was already a well-known poet before joining the show. Although Shailesh shared a poem that many thought was a jab at Asit, he prefers to keep quiet about the ongoing case.

  • Farmers in Noida Demand Action Tells Delhi Is not Too Far : March Towards Parliament Looms

    Farmers in Noida Demand Action Tells Delhi Is not Too Far : March Towards Parliament Looms

    Farmers in Noida are protesting and have told the Central government to meet their needs within a week. If their demands are not met, they plan to march to Parliament. Sukhbir Khalifa, a leader of the farmers’ group Bhartiya Kisan Parishad (BKP), shared that they have temporarily moved their protest to Ambedkar Park on Noida Link Road.

    The farmers want important issues addressed, including a law that guarantees Minimum Support Prices (MSPs) for their crops. Earlier, farmers from Punjab tried to head to Delhi to discuss MSPs but faced police barriers and heavy traffic near the Delhi-Noida border. Police set up barriers and increased security to manage the situation.

    The big protest called ‘Delhi Chalo,’ organized by BKP with other farmer groups, is asking for better support for farmers, like making MSPs a law, waiving farm loans, pension plans for farmers and workers, not raising electricity prices, dropping police cases against farmers, and seeking justice for victims of the 2021 Lakhimpur Kheri violence. They also want changes to a land law and compensation for families of farmers who died during past protests in 2020-2021.

    In the meantime, another group of farmers from Punjab plans to march to Delhi on December 6.

  • Discover Today’s Horoscope For Dec 3rd 2024: Love, Luck, and Life Insights for All Zodiac Signs

    Discover Today’s Horoscope For Dec 3rd 2024: Love, Luck, and Life Insights for All Zodiac Signs

    ARIES (Mar 21-Apr 20)
    Today, if you’ve been learning something new, you might achieve your goals! You could get praised at work for your great work. If you’re at home, you’ll create a nice and peaceful space. A partner might inspire you to start a healthy habit. Remember, it’s good not to hold onto any bad feelings towards someone who didn’t mean to upset you.
    Love Tip: Your relationship might get more romantic today.
    Lucky Number: 3
    Lucky Colour: Peach

    TAURUS (Apr 21-May 20)
    You might feel rushed to finish your tasks today. Using your foresight and creativity will help keep your home peaceful. Family and friends will admire how detail-oriented you are. Things will get better at work, and it’s a perfect time to finalize a property deal. Maybe a fun vacation is in your future!
    Love Tip: You might feel tempted to return someone’s romantic gesture.
    Lucky Number: 7
    Lucky Colour: Off White

    GEMINI (May 21-Jun 21)
    Be careful not to make quick decisions today. Financial stress might make you feel uneasy. It’s not a great day for asking for time off or a raise. Students could have some disagreements with teachers. A trip you’ve been looking forward to might get canceled.
    Love Tip: A new romance could bring excitement!
    Lucky Number: 5
    Lucky Colour: Green

    CANCER (Jun 22-Jul 22)
    You may find yourself up against someone very skilled at work; try to acknowledge their talent. Don’t let financial worries stress you out. And if you have a big event coming up, it might make you anxious.
    Love Tip: Celebrations and romance could be in your near future.
    Lucky Number: 11
    Lucky Colour: Pink

    LEO (Jul 23-Aug 23)
    Some of you might get past a health issue. Make sure to think about your finances carefully! A great business deal could make you money. Family time will be enjoyable. If you travel far, you should have a nice journey!
    Love Tip: New couples will experience love and harmony.
    Lucky Number: 1
    Lucky Colour: Light Yellow

    VIRGO (Aug 24-Sep 23)
    You might feel pressure from someone; try to figure out what’s bothering you. If you’re worried about your health, don’t let it stress you too much. Keep the flames of passion burning; new activities can help.
    Love Tip: A chance for new love might be coming your way.
    Lucky Number: 8
    Lucky Colour: Blue

    LIBRA (Sep 24-Oct 23)
    You might not get the day off you want, so handle it calmly. Unplanned visitors could disturb your relaxation at home. Paying back loans could be tough, but you’ll manage. Try not to stress too much!
    Love Tip: Newlyweds could find their bond growing stronger.
    Lucky Number: 17
    Lucky Colour: Saffron

    SCORPIO (Oct 24-Nov 22)
    Your positive energy will bring happiness to your home. Helping someone financially might boost how others see you. But watch out for overindulging today!
    Love Tip: Plan a special dinner to keep the romance alive.
    Lucky Number: 6
    Lucky Colour: Orange

    SAGITTARIUS (Nov 23-Dec 21)
    Your drive to succeed will get you working late. A friend will help lift your spirits. Investments are beginning to pay off, and your hard work will be noticed at your job.
    Love Tip: Expect romance if you’re on the lookout for it!
    Lucky Number: 9
    Lucky Colour: Silver

    CAPRICORN (Dec 22-Jan 21)
    Good things in your job are coming. Your smart investments will pay off. Family will support you, but there are limits. A little getaway can help refresh your mind.
    Love Tip: Your special someone will create delightful moments for you today.
    Lucky Number: 3
    Lucky Colour: Maroon

    AQUARIUS (Jan 22-Feb 19)
    You might get a fantastic offer for a property deal. Good news could uplift your mood today! You’ll get great advice from a boss or someone experienced at work.
    Love Tip: Romance may blossom for young folks.
    Lucky Number: 4
    Lucky Colour: Golden

    PISCES (Feb 20-Mar 20)
    Make sure to check your project’s finances carefully. You’ll find both personal and professional sides satisfying today. Helping others will bring you joy.
    Love Tip: A disagreement with your partner could turn into a bigger fight.
    Lucky Number: 11
    Lucky Colour: Cream

  • India to Launch ₹1000 Crore Fund for Space Startups by FY26

    India to Launch ₹1000 Crore Fund for Space Startups by FY26

    The Indian government plans to start giving out a huge fund of Rs 1000 crore (about $120 million) to help space companies. This money is part of a special program to support people and businesses working in the space sector. Pawan Goenka, a top official, said that this funding is likely to be available starting in the first part of the financial year 2026 (FY26).

    This initiative will help new space companies grow and create new technologies. It is also important for improving India’s position in the global space market. The fund is designed to encourage innovation and help startups turn their ideas into successful businesses.

    If you are interested in the space industry or have ideas for space technology, this could be a great opportunity for you!

  • Bank of America & Goldman Sachs Invest Big in Home First Finance!

    Bank of America & Goldman Sachs Invest Big in Home First Finance!

    Recently, some well-known financial companies, like Bank of America and Goldman Sachs, bought a lot of shares in Home First Finance. They spent around ₹1,100 crore (which is a huge sum of money!) to do this.

    A block deal is when big investors buy or sell a lot of shares at once, and this was a big one! Share prices changed a bit after the news was revealed.

    This is exciting for Home First Finance, showing that these big companies believe in their future. Investors are eager to see how this will affect the company and its share prices in the upcoming days.

  • RBI Confirms 98% Rs 2,000 Notes Returned: What You Need to Know!

    RBI Confirms 98% Rs 2,000 Notes Returned: What You Need to Know!

    On Monday, the Reserve Bank of India (RBI) announced that nearly all Rs 2,000 notes have been brought back to banks. Specifically, 98.08% of these notes have been returned, which means only about Rs 6,839 crore worth of Rs 2,000 notes are still held by the public.

    On May 19, 2023, the RBI decided to stop using Rs 2,000 notes. Back then, there were about Rs 3.56 lakh crore in these notes. By November 29, 2024, that amount has dropped significantly to just Rs 6,839 crore.

    People could deposit or exchange their Rs 2,000 notes at banks until October 7, 2023, but they can still do this at 19 RBI branches across the country. Since October 9, 2023, these RBI branches are also allowing individuals and businesses to deposit Rs 2,000 notes into their bank accounts.

    Additionally, you can send Rs 2,000 notes via India Post from any post office to any RBI branch for deposit into your bank account. Remember, Rs 2,000 notes remain legal money!

    The RBI branches for exchanging notes are located in cities like Ahmedabad, Bengaluru, Mumbai, and New Delhi, among others. These Rs 2,000 notes were first introduced in November 2016 after the government discontinued the old Rs 1,000 and Rs 500 notes