India's formal job sector is booming, with projections indicating a record-breaking 14.5 million net additions in fiscal year 2024-25, surpassing previous highs. While new EPFO registrations have dipped, possibly due to lack of incentives, increased formalization driven by wage digitization is fueling job growth. Government initiatives like employment-linked incentives are expected to further boost establishment registrations.
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An Army jawan reportedly died by suicide using his service rifle while on duty in Jammu and Kashmir's Rajouri district. This follows a separate incident where a policeman fatally shot a colleague before taking his own life in Udhampur district, raising concerns about mental health within the security forces.
Qari Abdul Rehman, a member of the banned anti-Shia outfit ASWJ, was killed in a targeted attack by masked assailants in Karachi's Qaid Abad. The incident, believed to be sectarian in nature, has heightened concerns over Pakistan's sectarian violence. The ASWJ condemned the act as terrorism.
Ford Motor Co. Chairman Bill Ford assures that Elon Musk’s relationship with President-elect Trump will not harm traditional automakers. He highlights Trump's improved understanding of the auto industry and emphasizes shared goals between Tesla and legacy manufacturers, particularly in terms of manufacturing and electric vehicle affordability.
A 24-year-old kayaker in southern Chile was briefly swallowed by a humpback whale but emerged unhurt. A video capturing the event near the San Isidro Lighthouse shows the whale lunge-feeding and accidentally engulfing the kayaker. Experts explain that such behaviors are unintentional and whales cannot swallow humans due to their narrow throats.
WWE's Saturday Night's Main Event returns to the Nassau Veterans Memorial Coliseum on December 14, 2024, featuring stars like Drew McIntyre, Gunther, Liv Morgan, and Bayley. The event will crown the first-ever Women's United States Champion. Fans can watch live on NBC or Peacock in the US, and on Sony Sports Ten and Sony Liv in India.
An IndiGo flight carrying Jammu and Kashmir's Chief Minister Omar Abdullah was diverted to Jaipur due to congestion at Delhi airport, causing significant disruption. Abdullah expressed his frustration on social media, highlighting the operational chaos and leaving passengers stranded.
West Bengal BJP chief Sukanta Majumdar criticized Chief Minister Mamata Banerjee for her claim that Bengal shares a border with Sri Lanka. Majumdar linked this remark to the Supreme Court's decision upholding the cancellation of teacher recruitments due to irregularities. He also expressed concern over violence in Murshidabad and urged the governor to intervene for peace.
The Sensex dropped for the fifth consecutive session, closing at an eight-month low of 74,454 points. Weak global sentiment and substantial foreign fund outflows affected the market. IT, telecom, and metal stocks led the decline, while the broader Nifty also fell significantly. Despite the selloff, optimistic forecasts suggest potential recovery.
Aman Sehrawat, the Paris Olympics bronze medallist, and other Indian wrestlers will miss the Zagreb Open due to the Wrestling Federation of India's lack of clearance from the sports ministry. Despite submitting entries in advance, the WFI didn't receive the necessary authorisation, leading to the cancellation of the trip. This follows previous misses at tournaments in Belarus and Egypt.
Pope Francis, aged 88, had a calm and restful night in the hospital after a severe respiratory attack and a diagnosis of pneumonia and complex lung infection. He received blood transfusions due to low platelet levels and remains in critical condition with vigilant medical attention.