44 AGE GROUP
G7 Summit: How G-7 nations plan to counter rising clout of Russia and China
The G-7, facing challenges from rising powers like China and Russia, grapples with economic and military limitations while navigating a shifting global landscape. Focused on protecting democracy, the group confronts issues such as defense spending, economic vitality, and trade tensions, seeking to maintain its influence and address geopolitical threats.
Why Mukesh Ambani can't ignore a new consumer habit
Reliance Industries (RIL) chairman Mukesh Ambani is expanding the company's retail empire to include quick commerce services through JioMart. This move aims to compete with players like Blinkit and BigBasket, leveraging Reliance's extensive reach and resources. The shift towards quick commerce reflects changing consumer habits, favoring convenience and instant deliveries.
360 ONE founder Karan Bhagat buys luxury apartments in Mumbai’s Worli for Rs 170 crore
Bhagat founded 360 ONE, formerly known as IIFL Wealth & Asset Management, along with his colleagues in 2008. The firm is currently among India's largest asset and wealth management firms with more than $56.3 billion assets under management. Bhagat’s team works with and for around 7,200 top families in India including industrialists; new age technology founders and professionals including leading CEOs, lawyers as well as sportspersons and artistes.
Can Israel's ultra-Orthodox military volunteers help defuse the battle over conscription?
Yossi Levi, a member of the ultra-Orthodox Jewish community, has expressed concern over the exemption from compulsory military service for the ultra-Orthodox, which has led to protests and threats to the Israeli government. Around 10% of the ultra-Orthodox, known as haredim, come forward voluntarily for the standard three years of military service, with some becoming officers. However, Levi believes that attitudes are softening within some parts of the community towards military service amid the war.
Smartphone ownership among 44+ drops in urban India, rises in villages
As per the findings of the Kantar-TGI (Target Group Index) study, available exclusively with ET, the gender gap in smartphone ownership has also narrowed over the past five years, even though males consistently exhibited higher ownership percentages. The sharp increase in smartphone adoption levels is pronounced among female users, suggesting a closing gap in technology access.
Taylor Swift announces new song 'The Albatross'. Check release date
Taylor Swift's new track "The Albatross" is coming soon as the Grammy Awards winner is gearing up to release "Tortured Poets Department".
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Immigration surge fuels male population boom in Canada
The population of adult men grew 3.4% over the past year, while women rose 2.9%, making the spread between the growth of the two groups the widest in nearly 50 years of records, according to an analysis by Doug Porter, chief economist at Bank of Montreal.
MFs and FIIs increase stakes in 5 out of 6 new-age tech stocks, Zomato among them
New-age consumer technology stocks continue to attract investors on Dalal Street. Mutual funds and foreign institutional investors have increased stakes in five out of the six listed companies in the December quarter. Zomato is the top-performing stock, with a staggering 154% returns in FY24. Paytm, PB Fintech, and Nykaa have also seen an increase in investor interest. Ant Group has exited Zomato, while One97 Communications and Delhivery have trimmed down their losses. Analysts remain positive on Paytm and PB Fintech, but less bullish on Nykaa due to competition in its segments.
View: India’s growth has Chinese characteristics
India, once touting its exceptionalism, is facing economic challenges resembling China's model. With private consumption crawling at 4.4%, sluggishness is evident, and unsecured personal loans surge. Prime Minister Modi's focus on capital stock is reminiscent of China's investment-heavy approach. However, doubts persist about trickle-down effects benefiting the surplus labor. As India's GDP lags pre-pandemic levels, the job market narrows, impacting incomes for a significant portion of the population. The top 20% may thrive, but broad-based consumption growth is essential for sustained economic success.
Used jets rents surge 44% as airlines pay up to buoy fleets
The values and lease rates for out-of-production Airbus and Boeing jet series have surged due to the high demand from airlines. Used Boeing 737NG and Airbus A320ceo models are now valued at around $20 million or more. This unexpected popularity is driven by a shortage of planes caused by supply chain issues and engine problems. Carriers like Lufthansa and Ryanair are holding onto older aircraft, further tightening supplies. Lease rates for older Boeing 737-800s have increased by 44% compared to pre-pandemic levels. T
2 in 5 Indians yet to start retirement planning, 61% worry savings will deplete in 10 years: Survey
The survey was conducted by Max Life Insurance, in partnership with Kantar. As many as 2,093 respondents were surveyed in 28 cities during July-August 2023. The retirement index is calculated on a comparable base of 1,591 respondents.
TCS, Indian Bank among 10 stocks with RSI trending up
The Relative Strength Index (RSI) is a momentum oscillator used by investors to assess whether a stock is overbought or oversold. When the RSI value crosses above 70, it indicates that the stock is in an overbought zone. StockEdge reported over 40 stocks trading up recently, and ETMarkets selected 10 stocks that are currently in an overbought zone. Some of the stocks include Indian Bank, IDBI Bank Ltd, and Tata Consultancy Services Ltd. Please note that the data is subject to change.
Aging America: Baby boomers push nation's median age to almost 39 as fewer children are born
The share of residents 65 or older grew by more than a third from 2010 to 2020 and at the fastest rate of any decade in 130 years, while the share of children declined, according to new figures from the most recent census. The declining percentage of children under age 5 was particularly noteworthy in the figures from the 2020 head count released Thursday. Combined, the trends mean the median age in the U.S. jumped from 37.2 to 38.8 over the decade.
What is Frontotemporal Dementia? Know about the condition Bruce Willis has been diagnosed with
On February 16, veteran Hollywood actor Bruce Willis’ family revealed that he has been diagnosed with frontotemporal dementia. The family’s announcement came less than a year after Willis stopped performing due to his diagnosis of aphasia.
Delhi gets 28,900 more Covaxin doses for 18-44 age group
The capital has 28,620 doses of Covaxin and 5,20,860 doses of Covishield in stock for those aged above 45, frontline workers and healthcare workers, AAP leader Atishi said.
Goa government targets inoculating entire population in 18-44 age group by July 30
The state has prioritised phase-wise vaccination for parents with young children, differently abled, seafarers, operators of motorcycle taxis, taxis and rickshaws, the chief minister said.
COVID-19: Vaccination for 18-44 age group begins in Kerala
The state government has already issued detailed guidelines for the vaccination of this age group and released the list of comorbidities to determine the eligibility, they said.
COVID-19: Vaccination drive for 18-44 age group to begin in Himachal Pradesh from Monday
The state recently received 1,07,620 doses of Covishield vaccine from the Serum Institute of India, Pune for this category, Special Health Secretary Nipun Jindal said.
Covid-19: Vaccination for 18-44 age group suspended in Mumbai
The announcement followed the Maharashtra government's decision to suspend inoculation for this category and divert the vaccine stock for the above 45 years age group due to paucity of doses.
Vaccine paucity: Maharashtra suspends vaccination for 18-44 age group
"There is no sufficient supply of vaccine vials by the Centre for inoculation of above 45 age group people. Hence, the state cabinet decided to divert the stock, purchased for the 18-44 age group, for the above 45 age group. Therefore, we are suspending the inoculation of 18-44 age group for some period," Tope said.
Vaccination for 18-44 age group to begin in MP from Wed
State IEC Bureau deputy director Archana Mundir said vaccination will be on the basis of pre-registration, and will take place between 9am and 5pm on Monday, Wednesday, Thursday and Saturday.
UP begins vaccinating 18-44 age group in 7 districts
An Uttar Pradesh government spokesperson said Adityanath had sent his state aircraft to Hyderabad to get the batch of vaccines for the inoculation programme for people in the 18-plus category. The districts where the vaccination started on Saturday are Lucknow, Kanpur, Prayagraj, Varanasi, Gorakhpur, Meerut and Bareilly.
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