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.

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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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Family trusts face new limits: Cousins & non-relatives no longer eligible as 'beneficiaries'

The recent tribunal ruling mandates that family trusts cannot add non-relatives as beneficiaries without facing tax implications. The decision affects the flexibility of trusts in succession planning, emphasizing that partnership interests qualify as shares and are taxable under section 56(2)(x).

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New Orleans New Year's Day ramming latest attack to use vehicle as deadly weapon

A spate of deadly vehicle attacks in recent years includes the New Year's Day rampage in New Orleans, killing 10. These incidents, often labeled as terrorism, are reshaping city planning and security measures worldwide by prompting the installation of concrete barriers and other anti-vehicle obstacles in public spaces.

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Türkey becomes the new hotspot for a makeover: Man gets the surgery done and looks 40 years younger; here are shocking details

A man underwent multiple cosmetic surgeries in Turkey, transforming his appearance and making him look 40 years younger.

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Market Trading Guide: Muthoot Finance, Hindalco Industries are among 4 stock recommendations for Wednesday

Indian indices ended Tuesday with slight declines; Sensex fell 0.14% and Nifty remained flat. Despite the weak session, Nifty posted a 9% annual gain, while Sensex rose 8% over the year 2024. Technicals suggest potential upside if Nifty breaches 23,700.

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