Author: newshens

On January 15, 2024, DBS Bank India and CRISIL released a comprehensive report highlighting the active involvement of 98 percent of employed and self-employed Indian women in long-term family decisions. The study, encompassing over 800 women across 10 cities, explores various financial behaviors, emphasizing the influence of age, income, marital status, dependents, and home location on women’s financial choices. The report, part of the trilogy titled “Women and Finance,” offers insights into the evolving financial priorities of urban women at different life stages. It reveals changing priorities, with home-related decisions dominating for those aged 25-35, shifting to children’s education for…

As Union Finance Minister Nirmala Sitharaman gears up to present the Interim Budget on February 1, stakeholders in the real estate sector are optimistic about positive impacts. With the sector’s resilience in FY 2023-24, sales returning to 90% of pre-COVID levels, expectations are high for government initiatives. The sector’s projected contribution to India’s GDP rising from 6-8% to 13% by 2025 highlights its significance. Affordable housing is a key focus, with industry leaders like Bonito Designs CEO Amit Parsuramka emphasizing the potential positive impact on the home interior and real estate market. Support for affordable housing and low home loan…

Sri Sanjay Mehrotra, President and CEO of Micron Technology, the world’s largest chip manufacturing company, paid a courtesy call on Chief Minister Sri A. Revanth Reddy at his residence, discussing potential investments in Telangana. The CEO expressed satisfaction with the conducive investment environment in Telangana and engaged in talks about establishing industrial units in the state. He highlighted the state’s favorable atmosphere for investments. Chief Minister Revanth Reddy assured the Micron Technology CEO of full cooperation and support from the Telangana State Government, emphasizing the commitment to facilitating a conducive business environment. The Chief Minister expressed optimism that industrialists, including…

Kristin Juszczyk, the wife of San Francisco 49ers fullback Kyle Juszczyk, is carving out her own niche in the fashion industry, showcasing her creativity and talent. Married since 2019, the Juszczyk couple shares a commitment to their respective crafts. While Kyle dedicates countless hours to football preparation, Kristin channels her energy into creating unique fashion pieces using her husband’s 49ers gear. Kristin’s foray into fashion design began with her passion for making Halloween costumes. Inspired by a desire to dress like Britney Spears and Justin Timberlake one year, she purchased a sewing machine and turned to YouTube to learn the…

Tamil Nadu Chief Minister M K Stalin has firmly refuted speculations surrounding his health, assuring the public that he is in good condition. This denial comes in response to a newspaper report that suggested otherwise, made during a World Tamil Diaspora Day 2024 program in Chennai. Stalin addressed the concerns, stating emphatically, “I am well,” and expressing surprise at the reported lack of enthusiasm while questioning. Highlighting his unwavering commitment to the welfare of the people, Stalin emphasized that his focus is on citizens’ well-being rather than his own condition.  He shared a heartening incident involving a woman expressing contentment…

The Odisha School Education Programme Authority (OSEPA) has officially released the results for the Odisha Junior Teacher Recruitment Examination 2023 on January 15. The examination, conducted from November 3 to 17, aimed to fill 20,000 vacancies for Junior Teacher (JT) positions across different categories. Candidates can access their results on the official website, osepa.odisha.gov.in. It is important to note that inclusion in the draft merit list does not guarantee an appointment unless officially issued by the relevant appointing authority, as stated in the official result notice. The Odisha JT Result 2023 includes two categories: Category I (Class I to V)…

In 2023, India’s real estate sector demonstrated resilience by attracting over $5.8 billion in institutional investments, marking a significant 14% increase from the previous year. Foreign institutional investors, contributing 63%, played a vital role despite a decline in investment share from the Americas. Notably, domestic investors surged to 37%, showcasing a substantial increase compared to the 19% average observed over the past five years. Equity remained the preferred investment choice at 81%, with non-core assets leading transaction volumes at 53%, indicating a heightened risk appetite among investors. The office sector continued to dominate, commanding 52% of the total share, while…

A distressing incident involving an 82-year-old patient allegedly being struck repeatedly by a surgeon during treatment has sparked an investigation by Chinese authorities. The shocking event occurred in 2019 at an ophthalmic hospital under Aier China in Guigang, Southern China, as reported by BBC. A recently surfaced viral video on Weibo showcased the unsettling incident. The surgeon involved was promptly suspended following the video’s circulation, indicating swift action taken by the hospital. Reports suggest the patient, under local anesthesia, exhibited difficulty during surgery, moving her head and eyes. Language barriers compounded the situation as she couldn’t comprehend the doctor’s…

The University Grants Commission (UGC) has announced the discontinuation of the MPhil degree in accordance with its latest guidelines governing the conferral of Ph.D. degrees. In a directive sent to all universities, UGC Secretary Manish Joshi instructed the suspension of admissions to MPhil programs for the academic session 2023-24. Moreover, Joshi cautioned students against enrolling in any MPhil programs, emphasizing that these would not be accredited by the UGC. This decision to eliminate the MPhil degree aligns with clause 14 of the UGC’s (Minimum Standards and Procedures for Award of Ph.D. Degree) Regulations, 2022, officially notified on December 16,…

Spanish fashion powerhouse Zara has secured a landmark 50,000 sq ft retail space in Mumbai’s bustling Fort district, strategically situated opposite the HSBC India headquarters. This move symbolizes Zara’s fusion of tradition and modernity, embodying its dedication to timeless style and innovation. The Ismail Building, known for its architectural splendor, adds an extra touch of sophistication to Zara’s expanding retail portfolio, reflecting the brand’s commitment to offering immersive shopping experiences. With an annual rent of Rs 30 crore, Zara boldly asserts its confidence in Mumbai’s thriving market. This prime location, nestled near corporate hubs and cultural landmarks, perfectly aligns with…