Uday Kotak's recent statement praising Indian housewives as astute fund managers due to their traditional investment in gold has sparked widespread discussion. Sridhar Vembu supported this view, emphasizing gold's role in India's stability and civilizational continuity. Amidst soaring gold prices and global economic uncertainty, the debate on gold's accessibility for ordinary citizens has resurfaced.
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Tata Capital's board has approved plans for an IPO to list by September, comprising fresh shares and stake-sale, potentially valued at $1.7 billion. This move complies with RBI's mandate for 'upper-layer' NBFCs. Tata Sons, holding 93% of Tata Capital, plans to sell shares to support other ventures, while maintaining a significant stake post-listing. A rights offering worth Rs 1,504 crore has also been approved.
The entertainment world is abuzz with major updates! From Govinda and his wife Sunita Ahuja filing for divorce six months ago to Shah Rukh Khan’s family temporarily moving out of Mannat and Aruna Irani’s injury in Bangkok—here are the top five entertainment stories of the day that have everyone talking!
Sunny Deol and Randeep Hooda's 'Jaat', an action thriller directed by Gopichand Malineni, has experienced a box office dip after a promising start boosted by the Mahavir Jayanti holiday. The film has grossed Rs 48.25 crore in India as of Day 6, with Tuesday collections estimated at Rs 75 lakhs.
Jordanian border guards fatally shot Thomas Gabriel Pereira from Kerala while he attempted to cross into Israel illegally. Pereira, misled by an agency promising Israeli work visas, travelled with three others on tourist visas. His death was discovered by his family after a relative, Edison, was deported by Jordan. Kerala authorities are assisting the family in repatriating his body.
Bootleggers in Gujarat attempted a novel smuggling operation by exploiting the Indian postal service to transport liquor from Diu. They believed using postal channels would evade police scrutiny at the Diu-Gujarat border. However, police intercepted a suspect carrying liquor-filled parcels with official postal stamps, revealing the involvement of a postmaster who facilitated the scheme.
Rahul Gandhi visited a Keventers shop and assumed the role of a barista, making cold coffee. He highlighted the need to support businesses like Keventers and addressed obstacles faced by aspiring entrepreneurs, emphasizing the importance of fostering small businesses for economic growth.
Jean-Marie Le Pen, founder of France's far-right National Front, has died at 96. Known for controversial anti-immigration rhetoric, he faced multiple convictions and was eventually ousted by his daughter, Marine Le Pen, who revamped the party into the National Rally.
Prominent Tollywood actors, including Rana Daggubati and Prakash Raj, among others, face charges for promoting online betting apps, as per a complaint from a local resident. The police have intensified efforts to curb this issue, launching an online awareness campaign #SayNoToBettingApps to educate the public about the dangers of online betting.
India speedster Mohammed Siraj on Sunday picked up three crucial wickets to help India make a strong comeback in the Boxing Day Test in Melbourne. Earlier, Sunil Gavaskar's call to drop Siraj for non-performance and skipper Rohit Sharma's motivational tactics led to pacer's improved performance in the ongoing series.
DMK filed a privilege notice in Lok Sabha against Education Minister Dharmendra Pradhan, accusing him of making defamatory remarks about Tamil Nadu during a discussion over the Samagra Shiksha Scheme. The notice claimed that Pradhan falsely stated TN's stance on a MoU with the Centre, thereby misleading the House and tarnishing the state's image.