Once-touted Rio Olympics may leave sour hangover

Gold medal for hubris

Reuters

Impeaching Rousseff as likely to falter as Brazil

It won't prosper

Argentina's vote for Macri may show Brazil the way

Martin Langfield: Macri-economics 101

Argentina faces choice between magic and realism

Muggle time

After Cristina, a more investor-friendly Argentina

Magic's end

Brazil needs more than S&P downgrade to wake upStandard & Poor's downgrade of Brazilian debt to junk might be expected to jolt the nation into mending its ways. Yet the move won't remedy President Dilma Rousseff's ineptitude, and it's unlikely to stop lawmakers from continuing to sabotage her efforts to fix the ailing $2 trillion economy.Brazil was riding high on a commodities boom in 2008 when S&P rated its bonds investment grade. But years of state largesse and economic mismanagement, particularly during Rousseff's first term, and now lower commodity prices have left Latin America's biggest economy facing its most severe recession in decades. Inflation is near 10 per cent, unemployment is rising and the real currency hovers near 13-year lows.Rousseff, a Leftist former guerrilla, has tried to reassure international investors by naming University of Chicago-trained economist Joaquim Levy as finance minister and imposing deeply unpopular austerity measures. Lawmakers, though

When the Levy breaks

Ditching Dilma would bring Brazil new problems

Careful what you wish for

Brazil needs Dilma 2.0 to shine on US visit

Do over

Colombia's economic peace dividend may be elusive

Vanishing dividends

Petrobras poised to extract itself from deep water

Dredging it up

Winning inflation fight could salvage Dilma legacy

Ride of the Volckery

The schemes aim to provide investors with an opportunity to potentially participate in the evolving consumption landscape of India, driven by changing demographics and rising discretionary spending

Mutual Fund, AUM, Asset Under Management

Dubai [UAE], December 12: The Real Kabaddi League (RKL), known for redefining grassroots sports in India, is set to captivate the Gulf region with an exhilarating Kabaddi exhibition match at Al Ahli Sports Club, Dubai, at 6 PM onwards. This highly anticipated event will feature two specially created dummy teams--Indian Warriors and Gulf Gladiators, showcasing raw and emerging talent on an international platform.

Dubai Welcomes Kabaddi with a Spectacular Exhibition Match

Bengaluru (Karnataka) [India], December 12: Xoxoday, a leading market player in SaaS-based solutions for Rewards, Incentives, and Loyalty programs, launched India's first AI-powered 'Channel Incentives' digitization software. This easy-to-use, self-configurable platform automates managing channel incentives, delivering significant benefits to businesses across industries, such as consumer packaged goods (CPG), consumer electronics, building materials, and the automotive sector. Innovative SaaS solution aims to streamline and automate incentive programs for businesses across diverse industries.

Xoxoday Launches India\'s First AI-Powered \'Channel Incentives\' Digitization Software

New Delhi [India], December 12: The University of East London (UEL), named the UK University of the Year 2025 for Teaching Quality by The Times  &amp;  The Sunday Times, continues to extend its vision of inclusivity, innovation, and global engagement to Indian students. The results of the 2024 National Student Survey (NSS) further solidify this position, with UEL ranking first in London for student experience. Recognized as the careers-first university of the future, UEL's commitment to fostering academic and professional excellence remains unparalleled.

UEL Enhances Support for Indian Students with Tailored Career-Focused Education

The cumulative capex (capital expenditure) of Indian airports is expected to grow 12 per cent at Rs 60,000 crore in the three years through FY27 from Rs 53,000 crore during 2022-2024, to add required infrastructure for about 65 million passengers per annum, ratings agency CRISIL said on Thursday.
CRISIL said 70 per cent of this capex is expected to be funded through debt.
The ratings agency said its projections are based on a study of 11 private airports in the country that account for 60 per cent of the total passenger traffic in FY24.
In addition to the expected growth in passenger traffic, increase in tariffs and spending within the airport ecosystem will lift revenue of private Indian airports at an average growth rate of 17 per cent between FY25 and FY27, it said.
That, coupled with improved funding access and a predictable regulatory regime, will support the strong credit profiles of private airports.
"The number of passengers at Indian airports is expected to clock a compou

flights

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Nirmala Sitharaman, Nirmala

News updates: Catch all the latest news updates from around the world here

Supreme Court of India

The new system will introduce dedicated PF withdrawal cards, functioning like regular bank ATM cards

ATM, Money, Transaction

Mid, SmallCap stocks to buy: Analysts suggest investors buy only those stocks of those companies where there is earnings visibility for at least a few quarters

Market, BSE, NSE, NIfty, Stock Market, investment

Markets Live: Indian markets are likely to be driven by the higher close on the Wall Street, after largely in-line retail inflation data there cemented hopes of a rate cut by the US Fed next week

Stock market

Union Public Service Commission (UPSC) will likely release the IAS Main 2024 results this week. Candidates who took their UPSC IAS Main exam can visit the official website whenever announced

UPSC Mains Result 2024

While the rupee touched a low of 84.7350 during the session, mild dollar sales from state-run banks helped avoid further losses, traders said

rupee

Prime Minister Narendra Modi on Monday launched the 'Bima Sakhi Yojana' of LIC here under which 2 lakh woman insurance agents will be appointed over the next three years.
'Bima Sakhi Yojana', an initiative of state-owned LIC, is designed to empower women aged 18-70 years who are Class X pass.
They will receive specialised training and a stipend for the first three years to promote financial literacy and insurance awareness.
Under the scheme, the woman agents will also get a stipend of Rs 7,000 per month for the first year, Rs 6,000 per month in the second year and Rs 5,000 per month in the third year. Bima Sakhis will also get the benefit of commission.
The plan is to appoint 2 lakh Bima Sakhi over three years.
After training, they can serve as LIC agents and the graduate Bima Sakhis would have the opportunity to qualify for being considered for Development Officer roles in LIC. Prime Minister will also distribute appointment certificates to prospective Bima Sakhis.
The Prime Min

Modi, Narendra Modi

The Centre has allowed Adani Krishnapatnam Port in Andhra Pradesh to import petroleum into India up to March 1, 2026, according to an official notification.
The port has been allowed to import petroleum by sea from August 28, 2024, till March 1, 2026, in public interest, according to the notification by the Ministry of Ports, Shipping and Waterways.
Owned and operated by Adani Ports and Special Economic Zone Limited (APSEZ), Adani Krishnapatnam Port Ltd is an all-weather deep water port located on the East Coast of India in Andhra Pradesh.
Adani Ports & SEZ  shares were trading higher by 0.56 per cent at Rs 1,267.30 on BSE in the pre-close session.

Adani port, port, Port, Adani Group

Foreign Secretaries of India and Bangladesh met here Monday for the high-level talks between the two nations amid strained bilateral ties following the ouster of prime minister Sheikh Hasina in August.
Foreign Secretary Vikram Misri arrived in Dhaka earlier in the day on an Indian Air Force jet for a day-long visit.
Soon after his arrival here, Misri met his Bangladeshi counterpart Mohammad Jashim Uddin and held one-on-one talks before the formal meeting with delegates from both sides.
It is the first high-level visit by an Indian official since August 5 when Hasina was ousted.
"The meeting between our foreign secretary Jashim Uddin and his counterpart Vikram Misri is taking place as scheduled at the state guest house Padma. They first held brief one-on-one talks and then the formal meeting began with delegates from both sides, a Bangladeshi foreign ministry official said.
The official added that the Bangladeshi side would hold a media briefing later Monday about the talks, which 

Vikram Misri

Highlighting the historical presence of Hindus in Bangladesh, stating, "We are vanished from Afghanistan. We are vanished from Pakistan. This is the high time. If we are not saved now, we will be

Protest, Delhi Protest, Bangladesh Protest, Hindu Protest

Moreover, 70 per cent of India's public chargers are concentrated in metropolitan hubs, leaving rural and semi-urban areas woefully underserved

electric vehicle

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Policy

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Gold

The suicide of a Bengaluru techie brings intense scrutiny on India's family courts, raising questions about their ability to protect vulnerable individuals in disputes

Martin Langfield

Martin Langfield

Martin Langfield

Gold medal for hubris

It won't prosper

Macri-economics 101

Muggle time

Magic's end

When the Levy breaks

Careful what you wish for

Do over

Vanishing dividends

Dredging it up

Ride of the Volckery

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Mirae Asset launches 2 funds targeting India's emerging consumer landscape

Dubai Welcomes Kabaddi with a Spectacular Exhibition Match

Xoxoday Launches India's First AI-Powered 'Channel Incentives' Digitization Software

UEL Enhances Support for Indian Students with Tailored Career-Focused Education

Cumulative capex of airports to grow 12% at Rs 60,000 cr in 3 yrs: Report

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