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Celebrities among thousands evacuated in Los Angeles fires

Wildfires in Los Angeles' Pacific Palisades have led to evacuations of Hollywood stars including Mark Hamill, Mandy Moore, and James Woods. The fires destroyed homes, blocked roads as tens of thousands fled. Firefighters are working to control the uncontained fires. Schools were relocated and film premieres were canceled. Many homes and structures remain under threat.

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Sebi issues guideline for research analysts, investment advisers

Sebi has released guidelines for research analysts and investment advisers to enhance investor protection and transparency. New requirements include qualification standards, deposit mandates based on client numbers, and stringent compliance for AI usage. Dual registrations are allowed with separate compliance, and client-level segregation is mandatory to avoid conflicts of interest.

from Stocks-Markets-Economic Times https://ift.tt/4xw1WPt

Finmin appoints SBI Chairman C S Setty, Uday Kotak as governing council members of NIIF Trustee

The Finance Ministry has appointed two new members to the Governing Council of the National Investment and Infrastructure Fund Trustee Ltd (NIIFTL) with SBI Chairman C S Setty and Kotak Mahindra Bank director Uday Kotak joining the council. NIIF was set up to boost infrastructure financing, amidst recent approval for additional equity infusion by the government.

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Budget 2025: States may get special aid despite capex slip

The Centre is set to disburse the next installment of special assistance to states despite unmet capital expenditure targets. The allocation has increased to ₹1.5 lakh crore, with ₹95,000 crore tied to conditions. Due to election-related impacts, states have sought relaxation in conditions to boost spending. Approved projects now total ₹88,000 crore.

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Social security net to be spread wider for unorganised workers

The labour and employment ministry will introduce multiple measures in 2024 to enhance social security for over 380 million unorganised workers. These include a common application form on the e-Shram portal, targeted enrolment of gig and platform workers, and integration of building and construction workers' data with e-Shram.

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Two more held in Maharashtra sarpanch murder case

Santosh Deshmukh was abducted and murdered on December 9, days after he tried to stop an alleged extortion bid on a company that has a wind turbine at Massajog. One of the people accused in the alleged extortion bid is an aide of Maharashtra minister and NCP leader Dhananjay Munde, triggering a political slugfest over the death of the sarpanch.

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Darts sensation Luke Littler reaches final at world championship

Seventeen-year-old Luke Littler has reached the world darts championship final for the second consecutive year after defeating Stephen Bunting 6-1. Littler will face three-time champion Michael van Gerwen, who beat Chris Dobey with the same scoreline. Littler aims to become the sport's youngest world champion at London's Alexandra Palace.

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