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Christmas, also known as the 'Feast day of Christ', is celebrated on December 25 every year. The day marks the birthday of Jesus Christ

An illuminated view of Park street ahead of Christmas festival, in Kolkata on Wednesday.

Christmas

In pictures: Christmas celebrations across the nation

Business Standard

Ola Electric Mobility Ltd on Saturday said its vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of insolvency proceedings against its wholly owned arm Ola Electric Technologies Pvt Ltd.
In a regulatory filing, the company said, "A petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by M/s. Rosmerta Digital Services Ltd, an operational creditor of Ola Electric Technologies Pvt Ltd."
The petition has been submitted before the National Company Law Tribunal's Bengaluru Bench, alleging default in payment towards the services rendered by the operational creditor and seeking initiation of the corporate insolvency resolution process (CIRP) against Ola Electric Technologies Pvt Ltd, it added.
The company has sought appropriate legal advice and it strongly disputes the claims made, Ola Electric Mobility said, adding it would "take all necessary and appropriate steps to protect its interests and object to the ..

The company has sought appropriate legal advice and it strongly disputes the claims made, Ola Electric Mobility said, adding it would take all necessary and appropriate steps to protect its interests

A special court here has declined to take cognisance of the CBI's supplementary chargesheet naming businessmen Vinod Goenka and Shahid Balwa as accused in the DHFL-Yes Bank fraud case, noting that allegations against them are not made out.
The prosecution has claimed that between April and June 2018, Yes Bank invested about Rs 4,727 crore in the non-convertible debentures and Masala Bonds of Dewan Housing Finance Limited (DHFL) and sanctioned a Rs 750-crore term loan to a group company of the realtor.
In return, Yes Bank's then-managing director and chief executive officer Rana Kapoor allegedly received kickbacks of Rs 600 crore from DHFL. Kapoor and DHFL promoters Kapil Wadhawan and his brother Dheeraj Wadhawan are among the several other accused in the case.
The Central Bureau of Investigation (CBI) recently filed its fourth supplementary chargesheet in the case before the special court. Besides Goenka and Balwa, the probe agency has named 12 more persons, taking the tally of the 

According to the CBI, Goenka and Balwa took loans from DHFL but diverted the funds instead of using them for their intended purpose

Union Minister Ashwini Vaishnaw on Saturday announced that an electronics component technology for the ambitious Hyperloop project, developed by IIT-Madras, will be built at the Integral Coach Factory (ICF) in Chennai.
After his visit to the Hyperloop testing facility at IIT Madras' Thaiyur campus, Vaishnaw, who holds the portfolios for Information and Broadcasting, Electronics and Information Technology, said the 410-meter-long Hyperloop test tube is the longest of its kind in Asia.
The entire Hyperloop testing system has been developed using indigenous technologies, with encouraging results from the tests conducted so far. India is on the brink of introducing Hyperloop transportation, he added.
Tutr Hyperloop, a deep-tech startup incubated at IIT Madras, is preparing to launch the world's first commercial Hyperloop project in India, aligned with the Centre's Atmanirbhar Bharat and Viksit Bharat 2047 goals.
Vaishnaw congratulated the project team and said the Ministry of Railways 

Tutr Hyperloop, a deep-tech startup incubated at IIT Madras, is preparing to launch world's 1st commercial Hyperloop project in India, aligned with the Centre's Atmanirbhar Bharat and Viksit Bharat

Tan has also agreed to buy $25 million in Intel shares in the first 30 days of taking the job

Chief Minister Rekha Gupta Saturday received feedback from Delhi farmers ahead of the tabling of her government's budget on March 25 and assured them of solving all their problems.
In an interaction held at the Delhi Secretariat, the farmers raised their demands for the immediate implementation of a land pooling policy, subsidy on fertilisers and seeds, and saving standing crops from inundation due to overflowing drains during the rainy season.
The farmers also informed the chief minister that their diesel-run tractors were seized after those completed 10 years. They demanded that the government allow them to use tractors for farming purposes for up to 20 years.
Besides the chief minister, PWD minister Parvesh Verma was also present during the interaction.
CM Gupta said that the previous governments "did nothing for farmers and neglected their needs" but the "double-engine" government of the BJP would address their every issue. "Each suggestion received from the farmers will be loo

In an interaction held at the Delhi Secretariat, the farmers raised their demands for the immediate implementation of a land pooling policy, subsidy on fertilisers and seeds, and saving standing crops

One nation, one election is in national interest and the Centre is determined to introduce it, Union Law Minister Arjun Ram Meghwal said on Saturday.
Meghwal highlighted that Lok Sabha and assembly elections were held simultaneously in 1952, 1957, 1962 and 1967.
"The initiative is in the national interest. The Election Commission, NITI Aayog and the high-level committee led by former president Ram Nath Kovind gave their consent (to the policy). The Cabinet approved it after that," he said at an event.
Meghwal said two bills proposing simultaneous polls were introduced in the Lok Sabha and being examined by a parliamentary panel.
Discussions are being held with various social organisations, he added.
A 39-member parliamentary panel is scrutinising two bills on simultaneous elections, including one for amending the Constitution.
The Union minister, who inaugurated the third academic block of a private university in Jaipur, also said the three new criminal laws, implemented last Jul

A 39-member parliamentary panel is scrutinising two bills on simultaneous elections, including one for amending the Constitution

Finance minister Thangam Thennarasu said that the state's revenue for the financial year 2025-26 is estimated at Rs 3,31,569 crore, while expenditure is estimated at Rs 3,73,204 crore

Chief Minister M K Stalin released the new logo on the X platform in a pre-Budget video

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

In February 2022, Russia attacked Ukraine&amp;#39;s capital, Kyiv, from the north in an attempt to overthrow President Volodymyr Zelensky&amp;#39;s government. In the months following, artillery bombardment and street fighting continued, with Russia seizing multiple cities.

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After a slew of scandals in his term spanning three years, UK Prime Minister Boris Johnson resigned from office in July. Johnson was succeeded by Liz Truss, who took over the office in September.
						
						But after 45 days in the office, she resigned, becoming the shortest-serving PM in UK history. Her budgetary plans, at the centre of which were tax cut plans, had crashed the markets, making her lose the confidence of almost all her own MPs.
						
						In the days that followed, Rishi Sunak took over as Britain&amp;#39;s 57th prime minister and vowed to fix the mistakes made by his predecessor, Liz Truss.

Russia Invades Ukraine

In April, protests began in the nation following a sharp rise in food and fuel costs. Thousands demanded the resignation of now-ousted President Gotabaya Rajapaksa. The people faced long power cuts daily and shortages of basics, including fuel and food. Sri Lanka&amp;#39;s doctors said they were nearly out of life-saving medicines.
						
						Rajapaksa&amp;#39;s government was being blamed for the chronic mismanagement of the country&amp;#39;s finances. In July, protestors stormed Rajapaksa&amp;#39;s home, pushing him to flee the nation before resigning from office.

UK&amp;#39;s political crisis

In September, 22-year-old Iranian girl Mahsa Amini died after being detained for allegedly violating Iran&amp;#39;s laws requiring women to wear a headscarf. Authorities said she died of illness, but her family claimed she fell into a coma after being mistreated by the police. Sources said the police beat Amini with a baton and banged her head against a vehicle. At her funeral on September 17 in Saqez, women protested by ripping off their hijabs. Protests sparked by her demise have since roped in ethnic minorities and even school children. Thousands of women since then have been showing solidarity by cutting their hair and burning their hijabs in public.
						
						Now, the unrest has spread beyond a women&amp;#39;s right to a movement that is calling for an end to theocratic rule. The protests are now the most broadly supported movement in Iran in over four decades.

Sri Lanka economic crisis

In October, Chinese President Xi Jinping was handed a historic third term in office. He became the first leader of the ruling Communist Party after party founder Mao Zedong to get a third term in power.
						
						This came as China&amp;#39;s economy was running out of steam after decades of high growth. Many expect Xi&amp;#39;s third term may see China revert to more old-school economic management, focusing on shoring up the heavy industry and continuing a crackdown on big tech.

Uprising mounts again in Iran

In a historic first, rich countries agreed to pay for losses and damages caused by climate change. For 30 years, developing nations have been calling for developed countries to compensate for the costs of climate disasters caused by climate change. And rich nations that caused the pollution resisted the demand. But this changed in 2022.

Chinese President Xi Jinping starts record third term in power

In 2022, inflation was rising worldwide, with food and energy prices hitting record highs. The hike was mainly driven by pent-up consumer demand after the pandemic and Russia&amp;#39;s invasion of Ukraine. As the pandemic waned, people wanted to return to normalcy and spend more. This led to companies demanding higher prices. Companies also hired more to serve the pent-up demand. They had to increase wages to attract workers and raise prices to compensate for that.

A landmark deal UN Climate Change Conference (COP27)

In September, Queen Elizabeth II, Britain&amp;#39;s longest-serving monarch, died at 96 after reigning for 70 years. Many said her death would mark a turning point for commonwealth nations as many may disassociate themselves.

The global economy at crossroads

In October, Brazil&amp;#39;s former president, Luiz In&amp;aacute;cio Lula da Silva beat Jair Bolsonaro in the country&amp;#39;s closest presidential race in history. Silva&amp;#39;s win marked Latin America&amp;#39;s shift to the left and pointed to an extraordinary comeback for a man in jail for corruption three years ago.

Queen Elizabeth II dies

In October, billionaire Elon Musk closed his $44 billion deal to buy Twitter after months of dilly-dallying, drama and a lawsuit. The Tesla owner&amp;#39;s Twitter takeover is also one of the biggest tech acquisitions of all time. May fear that Musk&amp;#39;s takeover may turn the social media giant into a hotbed of hate speech.
					
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Brazil elections

Google Messages

In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

In pictures: Christmas celebrations across the nation

Christmas, also known as the 'Feast day of Christ', is celebrated on December 25 every year. The day marks the birthday of Jesus Christ

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