Visuals from snow-clad Shimla

People walk under umbrellas as it snows

All educational institutions in the district were closed today due to the snowfall

A view of the snow-clad trees on the hills

The Himachal Pradesh capital, the tribal district of Kinnaur and several other places in the higher reaches of the state received fresh snow on Wednesday

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			Visuals from snow-clad Shimla</h2>
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			People walk under umbrellas as it snows</h2>
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			All educational institutions in the district were closed today due to the snowfall</h2>
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			A view of the snow-clad trees on the hills</h2>
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In pictures: The hill city of Shimla draped in snow after fresh whiteout

Business Standard

The anchor bid for the asset put up for sale would translate into a recovery of around 54.5 per cent for the lender

Adani Wilmar Ltd (AWL), India's largest edible oil company, is adopting a strategy similar to ITC's by leveraging its core business and extensive distribution network to drive growth in its high-margin FMCG portfolio after the Adani group exit, according to sources.
Just as ITC used its strong cigarette business to expand into FMCG, AWL is set to use its dominant edible oil business as a foundation for FMCG growth.
Following the exit of the Adani Group, Wilmar may further capitalise on this approach by introducing more global FMCG brands into the Indian market, sources aware of the matter said.
In the December quarter, AWL's FMCG business achieved a 24 per cent year-on-year growth in volume, underscoring its efforts to expand both its food and FMCG product offerings. Consequently, the share of food and FMCG in overall volumes increased to 20 per cent, while its share in total revenues rose to 9 per cent, up from 10 per cent and 5 per cent, respectively, in FY21.
This shift mirrors 

Just as ITC used its strong cigarette business to expand into FMCG, AWL is set to use its dominant edible oil business as a foundation for FMCG growth

These systems can be deployed across various industries ranging from pharmaceuticals, and consumer goods to the automotive sector

India has become a very important hub. But it's not the only hub for us to innovate, given our width of solutions

Delhi health authorities on Sunday issued an advisory to ensure preparedness for potential health challenges related to the Human MetaPneumoVirus (HMPV) and other respiratory viruses.
According to a statement, Dr Vandana Bagga, Director General of Health Services, convened a meeting with chief district medical officers and the state programme officer of IDSP on Sunday to discuss preparedness to address respiratory illnesses in Delhi.
As part of the recommendations, hospitals have been instructed to promptly report Influenza-like Illness (ILI) and Severe Acute Respiratory Infection (SARI) cases through the IHIP Portal.
Strict isolation protocols and the use of universal precautions for suspected cases have been made mandatory.
Hospitals are required to maintain proper documentation of SARI cases and lab-confirmed influenza cases to ensure accurate monitoring.
They were directed to ensure the availability of paracetamol, antihistamines, bronchodilators, and cough syrups for treating

They were directed to ensure the availability of paracetamol, antihistamines, bronchodilators, and cough syrups for treating mild cases, along with oxygen

Amid increasing poll promises ahead of Delhi elections, the spending choices of Congress and AAP regimes, and the fiscal challenges ahead for the next government

The upcoming annual budget for FY26 could announce further measures to boost employment generation, CII said on Sunday, emphasising that job creation at a mass scale is important to engage the young population productively, and drive inclusive growth in the world's most populous nation.
The industry body has suggested a seven-point agenda to harness India's demographic dividend, including an integrated national employment policy, support to labour-intensive sectors, and setting up an international mobility authority, among other targeted measures.
With a median age of just 29 years, India is a young country, and is set to add 133 million people to its working-age population by 2050.
The government could consider launching an internship programme in government offices in rural areas for the college-educated youth, CII said.
It argued that this initiative would create short-term employment opportunities in government offices while bridging the gap between education and professional .

It has proposed an integrated national employment policy which could subsume under its ambit the slew of employment generating schemes currently in works by various ministries/states

Apparel exporters body AEPC on Saturday urged the government to announce tax incentives, including removal of a provision requiring payments to MSMEs within 45 days to claim deductions and customs duty exemption on garment machinery imports.
The Apparel Export Promotion Council (AEPC) has also requested that an  interest equalization rate of 5 per cent be announced in the Budget, scheduled to be unveiled on February 1 by Finance Minister Nirmala Sitharaman.
Other demands include extension of concessional tax rate for new manufacturing units to encourage setting up of new garment units; simplification in the procedure of imports of trims and embellishments under IGCR (Import of Goods at Concessional Rate); and liberalizing e-commerce export procedures.
"Ready Made Garments (RMG) industry has also demanded removal of Sec43B (H) of IT Act in the ensuing Budget which pertains to payment to any MSME companies within a maximum 45 days' time to claim any deduction in tax. This has increase

The Apparel Export Promotion Council (AEPC) has also requested that an interest equalization rate of 5 per cent be announced in the Budget, scheduled to be unveiled on February 1

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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.

&amp;nbsp;

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.
						
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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.
						
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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

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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.
					
						&amp;nbsp;

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

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In pictures: The hill city of Shimla draped in snow after fresh whiteout

The Himachal Pradesh capital, the tribal district of Kinnaur and several other places in the higher reaches of the state received fresh snow on Wednesday

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