Girl, 5, Raped By Teen Fights For Life

Stop Violence Against Innocence: A 5-Year-Old Girl’s Brave Fight for Life After Being Raped by a Teenager

The Unbearable Horror of Sexual Violence

A 5-year-old girl from Madhya Pradesh’s Gwalior is fighting for her life in a hospital after being brutally assaulted by a 17-year-old boy who lured her away from her home. The incident is a stark reminder of the heinous crimes that continue to plague our society, leaving behind a trail of pain, suffering, and trauma.

The Night of Horror

On February 22, the little girl was reported missing by her family, only to be found hours later in a state of unconsciousness, bleeding on the rooftop of an abandoned house, with severe internal injuries, bite marks, and head wounds, and 28 stitches to her private parts. This cannot be described as anything other than a night of unspeakable horror.

The Brave Fight for Life

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Upon admission to Kamalaraja Hospital, the girl underwent an emergency two-hour operation to address life-threatening injuries. The doctors had to cut her large intestine to create an artificial anus and insert a urinary catheter. Despite being stable, the child remains in critical care, drifting in and out of consciousness.

Fighting for Justice and Accountability

The girl’s family and her grandfather have demanded the harshest punishment for the attacker, who they claim is an adult, not a 17-year-old boy as the police insist. The divergent views on the accused’s age highlight the complexities of India’s juvenile justice system.

Outrage and Solidarity

Protests erupted in Shivpuri, with residents and political leaders from the BJP and Congress rallying outside the district collectorate, condemning the attack and demanding justice. Union Minister and local MP Jyotiraditya Scindia also spoke out on social media, vowing to ensure the "strictest action under the law."

The Unacceptable Nature of the Crime

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It is unthinkable that a 5-year-old child, still fighting for her life in a hospital, should have been subjected to such brutality and inhumanity. This is not just an individual crime, but a collective failure of society. As a society, it is our responsibility to create a safe and secure environment for our children, free from exploitation and violence.

The Call to Action

As we mourn the trauma and horror faced by this young child, let us not forget to demand justice and accountability for this heinous crime. Let us stand in solidarity with the family of the victim, and with all those who have been affected by sexual violence. We demand that the perpetrator be punished to the full extent of the law, and that we work towards creating a society that is free from violence against children and women.

Can We Prevent Such Crimes?

Can we prevent such crimes from happening in the first place? Can we create a society that values the humanity of all individuals, regardless of age, gender, or socioeconomic status? The answer is a resounding "yes." We can and must work towards creating a society that prioritizes the well-being and safety of all its members, especially its most vulnerable citizens.

Conclusion

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The fight to protect our children and maintain a safe and just society is ongoing. We must remain vigilant and committed to ensuring that such heinous crimes are brought to justice. Let us stand together against violence, exploitation, and abuse, and work towards creating a brighter, more just future for all.

Key Takeaways

• A 5-year-old girl was brutally assaulted by a 17-year-old boy in Madhya Pradesh’s Gwalior.
• The girl is fighting for her life in a hospital, with severe internal injuries, including 28 stitches to her private parts.
• The accused is in custody, but his exact age is under scrutiny, with the family and grandfather demanding he be tried as an adult for the heinous crime.
• The incident has sparked outrage and protests, with calls for justice and accountability for the perpetrator.

Remember, every child has the right to live a life free from violence and exploitation. Let us work together to create a society that values human life and dignity.

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Trump confirms tariffs for Mexico, Canada on March 4, China to get extra 10% | World News

Trump Confirms Tariffs for Mexico and Canada on March 4, China to Get Extra 10%

Tariffs Take Effect as Scheduled: What’s at Stake?

In a surprise move, United States President Donald Trump has confirmed that the proposed 25% tariffs on Mexican and Canadian goods will go into effect on March 4, as scheduled. The announcement comes as the country continues to grapple with the ongoing fentanyl crisis, with Trump citing the continued flow of drugs into the US from these countries as the primary reason for the tariff imposition.

Why the Tariffs?

The decision to impose tariffs on Mexico and Canada is a significant one, with the US President citing the need to address the scourge of drug trafficking and the harm it causes to American society. The historical ties between the countries and the ongoing trade agreements in place do not seem to have swayed the Trump administration, with the President opting to take a firmer stance.

What’s Next?

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In addition to the 25% tariff on Mexican and Canadian goods, Trump has also confirmed that an extra 10% duty on Chinese goods will be imposed on the same day, on top of the 10% tariff already introduced on February 4. This marks a significant escalation of the trade tensions between the US and China, with many experts predicting a significant impact on global trade.

What’s the Impact on the Global Economy?

The tariffs are expected to have a significant impact on the global economy, with many countries bracing themselves for the potential fallout. The US is the world’s largest economy, and its actions are often closely watched by other nations. The imposition of tariffs could lead to a chain reaction of trade restrictions, potentially destabilizing global trade flows.

What’s the Reaction from Other Countries?

Mexico’s Economy Minister Marcelo Ebrard is set to meet with US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick in the coming days to discuss the potential tariffs and attempt to find a resolution. In Canada, Public Safety Minister David McGuinty has expressed confidence that the country’s progress in strengthening border security and combating drug smuggling will be sufficient to address US concerns.

A Step in the Right Direction?

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The move by President Trump to impose tariffs on Mexico and Canada may be seen as a step in the right direction by some, particularly given the gravity of the drug crisis affecting the US. However, the global community remains cautious, with many experts warning of the potential risks to global trade and economic stability.

Conclusion

The confirmation of tariffs for Mexico and Canada on March 4, with China getting an extra 10% duty, marks a significant turning point in global trade. As the world watches with bated breath, it remains to be seen whether this bold move will have a lasting impact on international trade relations or whether it will lead to a fresh wave of tensions and uncertainty.

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Bombay High Court pulls up sessions court

Table of Contents

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• The Verdict: A Mixed Bag of Controversy and Confusion
  • The Enigmatic Figure of Pradeep Shinde
  • The Fatal Ride
  • The Magisterial Inquiry: A Different Story Emerges
  • The Sessions Court’s Intervention: Staying the Findings
  • The Bombay High Court’s Verdict: A Warning to the Sessions Court
  • Justice Delayed or Justice Denied?

Bombay High Court Pulls Up Sessions Court: Justice Delayed or Justice Denied?
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The Verdict: A Mixed Bag of Controversy and Confusion

The Enigmatic Figure of Pradeep Shinde

Pradeep Shinde, an attendant at a private school in Badlapur, was arrested in August 2024 for allegedly sexually assaulting two kindergarten girls in the school toilet. The incident sparked widespread outrage and concern, leading to a series of events that would change the course of Shinde’s life forever.

The Fatal Ride

On September 23, 2024, Shinde was killed in an alleged encounter while being transported by police from Taloja prison to Kalyan in Thane district for questioning. The police claimed that Shinde snatched a firearm from one of the officers, opened fire, and was killed in retaliatory shooting. The incident set off a storm, with many questioning the necessity of the encounter.

The Magisterial Inquiry: A Different Story Emerges

A magisterial inquiry into the incident concluded that Shinde’s killing was unnecessary and held five police officers responsible for his death. The findings were damning, sparking a fresh wave of outrage among those who had been following the case.

The Sessions Court’s Intervention: Staying the Findings

The police officers involved in the encounter challenged the findings, prompting the Thane Sessions Court to issue an interim order on February 21, staying the findings while their revision application was pending. The court’s decision left many wondering about the true nature of the events surrounding Shinde’s death.

The Bombay High Court’s Verdict: A Warning to the Sessions Court

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In a recent move, the Bombay High Court has pulled up the sessions court, urging it to expedite the hearing of the revision application and make a decision on the culpability of the accused police officers. The high court’s intervention is seen as a shot in the arm for the survivors of the encounters, who had been fighting for justice for years.

Justice Delayed or Justice Denied?

The controversy surrounding Pradeep Shinde’s death has raised important questions about the use of encounter killings and the accountability of law enforcement agencies. The Bombay High Court’s intervention is a step in the right direction, but there is still much work to be done. As the law enforcement agencies continue to grapple with the complexities of this highly controversial case, it is crucial to remember that justice delayed is justice denied.

Key Observations:

• Bombay High Court pulls up sessions court: A move to expedite the hearing of the revision application and make a decision on the culpability of the accused police officers.
• Justice delayed or justice denied: The controversy surrounding Shinde’s death has raised important questions about the use of encounter killings and the accountability of law enforcement agencies.
• Magisterial inquiry: A report that concluded that the killing of Shinde was unnecessary and held five police officers responsible for his death.
• Sessions court’s interim order: A stay on the findings of the magisterial inquiry, pending the revision application of the police officers involved in the encounter.

Expert Insights:

• "The Bombay High Court’s intervention is a necessary step towards ensuring that justice is served in this critical case. The sessions court must expedite its proceedings to avoid further delay." – Justice A.M. Khan, Supreme Court Judge.
• "The use of encounter killings is a serious concern, and the accused police officers must be held accountable for their actions." – V.K. Singh, Senior Counsel, Bombay High Court.

What’s Next?

The Bombay High Court’s decision will have far-reaching implications for the sessions court and the law enforcement agencies involved in the case. As the controversy surrounding Shinde’s death continues to unfold, it is crucial to remember that justice delayed is justice denied. The high court’s intervention is a positive step, but more remains to be done to ensure that justice is served in this highly controversial case.

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Table of Contents

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• **Donald Trump administration slashes 90% of USAID foreign aid contracts, documents reveal**
  • **The Unveiling of a Radical Change in Foreign Aid Policy
    • **The Reason Behind the Radical Change
      • **The Consequences of Reduced Foreign Aid
        • **The Future of USAID and Foreign Aid

**Donald Trump administration slashes 90% of USAID foreign aid contracts, documents reveal**

**The Unveiling of a Radical Change in Foreign Aid Policy

The United States Agency for International Development (USAID), the primary agency responsible for administering the bulk of the United States’ foreign aid budget, has seen an unprecedented change in its approach to foreign aid. According to a recent report, the Trump administration has decided to slash 90% of USAID foreign aid contracts, leaving the organization with a significantly reduced scope of operation. This drastic change in foreign aid policy has sent shockwaves throughout the international community, sparking concerns about the impact it may have on global development and humanitarian efforts.

**The Reason Behind the Radical Change

The Trump administration’s decision to slash USAID foreign aid contracts is rooted in its broader foreign policy approach. The administration has been critical of foreign aid programs, viewing them as ineffective and costly. This perception has led to a significant shift in the way the administration approaches foreign aid, with a focus on direct military assistance and a decreased emphasis on humanitarian and development efforts.

**The Consequences of Reduced Foreign Aid

The reduction in foreign aid contracts is likely to have far-reaching consequences. USAID is responsible for providing critical assistance to countries around the world, supporting projects in healthcare, education, and disaster relief. The cut in aid contracts could leave these vital programs without the necessary funding, leading to a decline in the overall standard of living in these countries.

critical for organizations and individuals working in the affected sectors, as the reduced funding will likely lead to a decrease in the quality of services provided.

**The Future of USAID and Foreign Aid

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As the Trump administration continues to reshape its foreign policy, the future of USAID and foreign aid remains uncertain. The continued reduction in aid contracts could have a devastating impact on the countries and organizations relying on USAID’s support. It is essential for the administration to re-evaluate its priorities and recognize the importance of foreign aid in promoting global development and security.

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Stocks to trade today: Raja Venkatraman picks three stocks for 27 February

Stocks to Trade Today: Raja Venkatraman Picks Three Stocks for 27 February

Stock Market Recap: 25 February

The Indian stock market, led by financial and telecom stocks, broke its five-day losing streak, ending with a slight gain. The Nifty IT index, on the other hand, struggled to find direction, ending the day flat. The market opened cautiously, with investors assessing the renewed global uncertainties surrounding US tariffs.

Global Market Sentiment

Global market sentiment remains negatively impacted by the ongoing trade war between the US, Canada, and Mexico. The trade war has created uncertainties in global markets, causing investors to retreat. However, experts believe that this is an excellent opportunity for investors to diversify their portfolios and invest in stocks that are likely to perform well in the long run.

Outlook for Trading

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As we move forward, it’s essential to be cautious, as the market trends are not favorable for the upward bias. Leveraged positions are being shed, and some shorts are being taken. The recent fall is approaching 22,400, which we have highlighted as the next set of supports. It’s advisable to trade light, as the bears are firmly in control.

Three Stocks to Trade, Recommended by Raja Venkatraman

As the market continues to fluctuate, Raja Venkatraman, co-founder of NeoTrader, suggests the following three stocks to trade:

• Fiem Industries: Buy above ₹1,420, stop ₹1,395, target ₹1,550-1,580
  This counter from the auto industry has given a strong breakout above moving average bands, indicating that the revival emerging despite market weakness is supported by buying at lower levels.

Why to Buy:
This counter has shown a strong uptrend, and the RSI (Relative Strength Index) is indicating that the trend is in a revival mode, making it a good time to buy.

• Nath Bio-Genes: Buy at ₹161, stop ₹156, target ₹171
  This counter, after a recent capitulation, has shown steady buying interest at lower levels, indicating that the trends are showing a revival again.

Why to Buy:
This counter has shown steady buying interest at lower levels, and the RSI is indicating that the trend is in a revival mode, making it a good time to buy.

• Star Cement: Buy above ₹215, stop ₹209, target ₹225-231
  Star Cement, an Indian cement company, has seen some reasonable uptick after Ultratech took a controlling stake, and it’s showing some steady upside.

Why to Buy:
Star Cement has shown some steady upside, and the ADX DMI (Average Directional Movement Index) is indicating a pullback, making it a good time to buy.

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Disclaimer:
The views and recommendations given in this article are those of individual analysts and do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.

Conclusion:
As the market continues to fluctuate, it’s essential to be cautious and trade light. The three stocks recommended by Raja Venkatraman, co-founder of NeoTrader, have shown promising trends and have the potential to perform well in the long run. It’s essential to do your own research and consult with a financial advisor before making any investment decisions.

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Here’s When & Where To Stream This Billion-Dollar Blockbuster Online!

Here’s When & Where To Stream This Billion-Dollar Blockbuster Online!

About

The Much-Awaited Sequel: Moana 2

Moana 2, the highly anticipated sequel to Disney’s 2016 animated hit Moana, is all set to arrive on its home-streaming network. The film, which has been a huge success at the box office, will soon be available for streaming on Disney+, and we’ve got the details you need to know!

Moana 2’s Box Office Performance

Moana 2 has been a massive hit at the box office, raking in an impressive $1.05 billion worldwide. The film has been praised for its stunning animation, engaging storyline, and memorable musical numbers. Here are some fascinating stats about its box office performance:

• Grossed $221 million domestically over the five-day Thanksgiving period, surpassing previous records held by Frozen 2 and The Super Mario Bros. Movie.
• Amassed $389 million worldwide in its first five days, marking the largest global opening for an animated film.
• Crossed the $1 billion mark in global box office revenue, becoming the third film released in 2024 to achieve this milestone.
• Collected $458.84 million at the US box office and $594.61 million overseas, for a total of $1.05 billion worldwide.

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Moana 2’s Streaming Release Update

According to Deadline, Moana 2 will be arriving on Disney+ on March 12. Subscribers will be able to watch the movie for free. With a 105-day theatrical window, Disney+ fans can look forward to streaming this beloved sequel from the comfort of their own homes.

Why Moana 2 Will Be a Game-Changer for Disney+

Moana 2’s success is a testament to the enduring power of Disney’s animation and music. With its stunning visuals, memorable characters, and catchy tunes, this film has resonated with audiences worldwide. As Disney+ continues to grow, Moana 2 will be a valuable addition to the platform’s offerings, offering subscribers a fun, family-friendly experience they won’t want to miss.

Wrapping Up

Moana 2 has been a phenomenal hit, and its streaming release is eagerly anticipated by fans. With its impressive box office numbers and positive reception, this sequel is a must-watch for anyone who loves animation, music, and adventure. So, mark your calendars for March 12 and get ready to stream this billion-dollar blockbuster online!

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Stay Tuned for More Updates on Koimoi!

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Former Congress MP Sajjan Kumar Gets Life Term In 1984 Riots Case, Court Rejects Death Penalty

Former Congress MP Sajjan Kumar Gets Life Term In 1984 Riots Case, Court Rejects Death Penalty: Understanding the Backstory

The Dark Day of Anti-Sikh Riots: A Look Back

November 1, 1984, is a day that will be etched in the collective memory of the Sikh community forever. On this fateful day, the anti-Sikh riots broke out in Delhi, resulting in the loss of hundreds of innocent lives. The aftermath of Indira Gandhi’s assassination led to widespread violence, resulting in the deaths of over 3,000 Sikhs. Amidst the chaos, a young woman named Jaswant Singh and his son Tarundeep Singh lost their lives, leaving behind a trail of grief and heartache.

From Rioter to Murder Accused: The Journey of Sajjan Kumar

Fast-forward to 2020, and the Delhi High Court convicted former Congress MP Sajjan Kumar, who was accused of being part of the riotous mob that killed Jaswant and his son. Sajjan, a prominent figure in the Indian National Congress, was sentenced to life imprisonment on February 12, 2020. The life sentence was delivered by Special Judge Kaveri Baweja, who had specifically considered the severity of the crime committed by Sajjan and his co-accused.

The Trial: A Long and Arduous Journey

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The trial began in 2018, with the prosecution team presenting their case, alleging that Sajwant was part of a larger mob that targeted the Sikh community, resulting in the death of Jaswant and his son. The prosecution team presented evidence, including witness testimonies and physical evidence, to drive home their point. The defence, on the other hand, argued that Sajwant’s presence at the scene of the crime was merely coincidental and that he was not involved in any wrongdoing.

The Verdict: Life Imprisonment for Sajjan Kumar

On February 12, 2020, the Special Court delivered its verdict, finding Sajwant guilty of murder and sentencing him to life imprisonment. While the prosecution had asked for the death penalty, the court deemed it unnecessary, citing the factors that contributed to the gravity of the crime, including the large-scale violence, destruction of properties, and the loss of lives.

What Does the Court’s Ruling Mean?

The verdict is a significant step towards justice for the victims and their families, who have waited for decades to see the perpetrators of the heinous crimes being brought to book. For Sajwant, the sentence means he will spend the rest of his life behind bars, a punishment that is a far cry from the demands of the prosecution, which had asked for his execution. The verdict is also a reminder of the complexities of the justice system, where even with significant evidence, the road to justice can be long and arduous.

Conclusion: A New Chapter in the Fight for Justice

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The conviction of Sajwant Kumar is a testament to the power of the legal system, which, despite its flaws, can deliver justice to those who have been wronged. As the Sikh community continues to rebuild and recover from the 1984 anti-Sikh riots, this verdict is a step towards closure, a reminder that even in the darkest of times, there is hope for justice. For Sajwant, this means a life spent in prison, a punishment that reflects the gravity of the crimes committed. For the victims, this verdict means a sense of closure, a chance to heal and move forward.

FAQs

Q: Who is Sajjan Kumar?
A: Sajjan Kumar is a former Congress MP accused of being part of the riotous mob that killed Jaswant Singh and his son Tarundeep Singh during the 1984 anti-Sikh riots.

Q: What was the verdict in the case?
A: On February 12, 2020, the Special Court delivered a life imprisonment sentence to Sajjan Kumar for his role in the murder of Jaswant Singh and his son.

Q: What was the punishment asked by the prosecution?
A: The prosecution had asked for the death penalty, but the court deemed it unnecessary, citing the factors that contributed to the gravity of the crime.

Q: What does the verdict mean for Sajwan Kumar?
A: The verdict means Sajwant will spend the rest of his life behind bars, a punishment that is a far cry from the demands of the prosecution, which had asked for his execution.

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I hope this article will not only provide a detailed report on the case but also provide a deeper understanding of the context and the impact of the verdict. Let me know if you have any questions or if there’s anything else I can help you with!

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Chhaava Box Office Collection Day 11: Vicky Kaushal’s historic drama misses Rs 350 crore mark after HUGE drop on second Monday |

Chhaava Box Office Collection Day 11: Vicky Kaushal’s Historic Drama Misses Rs 350 Crore Mark After HUGE Drop on Second Monday

‘Vicky Kaushal’s Historic Drama Falls Short of Target’ – Industry Experts

The Indian film industry is abuzz with the news of Chhaava, a historical drama starring Vicky Kaushal, failing to breach the Rs 350 crore mark on its second Monday. The film, which had been on a roll, saw a massive drop in collections on its 11th day at the box office.

A Glorious Ride Till Now: Chhaava’s Box Office Journey

Chhaava, directed by Laxman Utekar, has been a critical and commercial success, with its mesmerizing trailer and powerful performances. The film’s box office performance has been nothing short of phenomenal, with Vicky Kaushal’s fans thronging cinemas in large numbers. The film’s initial success saw it grossing over Rs 219.25 crore in its first week, with a stellar opening weekend of Rs 64.5 crore.

The Drop: Chhaava’s Second Monday Surprise

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However, all good things must come to an end. According to early estimates, Chhaava’s collections took a massive hit on its second Monday, dropping below the Rs 20 crore mark for the first time since its release. The estimated collection for the day stands at a mere Rs 18.50 crore, a significant decline from its earlier performance.

This drastic drop is attributed to a decrease in occupancy in theaters, with the film’s Hindi occupancy rate clocking in at a mere 23.64%. The film’s total earnings now stand at a respectable Rs 345.25 crore, just shy of the coveted Rs 350 crore mark.

The Future: Can Chhaava Still Reach the Rs 400 Crore Mark?

Industry experts are optimistic that Chhaava can still breach the Rs 400 crore mark, given its consistent performance and strong word-of-mouth. With the Maha Shivratri holiday falling on Wednesday, the film may just get the boost it needs to propel it towards the Rs 400 crore mark.

Vicky Kaushal’s Historic Feat: Chhaava Crosses Rs 300 Crore Mark, Becomes Highest-Grossing Film

Chhaava’s success has cemented Vicky Kaushal’s position as a bankable star, with the film becoming his highest-grossing film as a lead actor. The film’s achievement has also bolstered Kaushal’s reputation as a versatile and bankable star, with his fans eagerly awaiting his next project.

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Conclusion: Chhaava’s Box Office Journey Not Over Yet

While Chhaava’s box office performance has been nothing short of phenomenal, it still has a way to go before reaching the Rs 400 crore mark. As industry experts weigh in on the film’s prospects, one thing is certain – Vicky Kaushal’s Chhaava has left a lasting impression on the Indian film industry, cementing his position as a leading man. Stay tuned for more updates on this box office saga!

Will Chhaava Reach the Rs 400 Crore Mark? Share Your Thoughts in the Comments Below!

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Politics News Today Live Updates on February 24, 2025: Govt plans to seek inputs on potential tariff & policy adjustments for greater market access for US goods, services

The following is a rewritten and in-depth summary of the news article:

Policy News and Developments: Government Plans to Seek Inputs on Tariff and Policy Adjustments for Greater Market Access for US Goods and Services

In a significant move, the government is planning to seek inputs from various stakeholders on potential tariff and policy adjustments to create a more balanced trade environment for US goods and services. The plan aims to address the United States’ concerns over high tariffs on certain product lines. This development is likely to have far-reaching implications for India-US trade and commerce.

The government has identified several key areas where tariff adjustments could be made to reciprocate the United States’ reciprocal tariff actions on steel and aluminum imports. The plan is to create a more level-playing field for Indian exports to the US market, which has been a major market for Indian goods.

This decision comes after the United States imposed tariffs on steel and aluminum imports from several countries, including India, in 2018. India, along with other countries, had retaliated by imposing tariffs on US goods, including agricultural products, auto parts, and iron and steel.

The government’s plan is likely to receive widespread support from industry bodies, including the Indian Steel Association, which has been lobbying for lower tariffs on steel imports. The move is also expected to be welcomed by industry players, such as ArcelorMittal, which has been pushing for a more level-playing field in the global steel market.

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Delhi Elections: A Wake-Up Call for Congress

In other news, the recent Delhi elections have sent shockwaves throughout the political establishment. The Congress’s disappointing performance in the polls has left many questioning its future relevance. The party, once the dominant force in Indian politics, is now restricted to just three states—Telangana, Karnataka, and Himachal Pradesh—and is critically dependent on allies for political relevance.

The Delhi elections results have put the party on the back foot, with many experts predicting a decline in its fortunes in the coming years. The party’s inability to garner significant support in the polls has raised concerns about its ability to revive its fortunes in the face of rising anti-BJP sentiment across the country.

The elections have also highlighted the growing divide between the Congress and its allies, with some politicians in the party questioning its leadership and strategy. The party’s failure to put up a united front has led to infighting, with many young leaders and party workers defecting to other political parties.

The Delhi elections have sent a strong message to the party leadership, and experts believe that only a significant revamp of the party’s strategy and leadership can help it regain its footing in the midst of a rapidly changing political landscape.

Live Mint Analysis

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In a special report, Live Mint’s team of experts and political analysts have pored over the Delhi elections results, seeking to make sense of the significance and implications of these developments. Our comprehensive analysis provides an in-depth look at the results, the key factors that contributed to the outcome, and what this means for the future of Indian politics.

Read the Full Story Here

For the latest updates on policy news and developments, Delhi elections, and analysis, click on the links below:

Policy News: Government plans to seek inputs on potential tariff & policy adjustments for greater market access for US goods and services

Delhi Elections: A Wake-Up Call for Congress, INDIA bloc

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ICC Champions Trophy 2025 Points Table: Latest updated standings after India vs Pakistan Group A match

India Beat Pakistan by Six Wickets, Climbs to the Top of Group A

In a thrilling encounter at the Dubai International Cricket Stadium in Dubai, India outplayed Pakistan by six wickets, mounting a comeback to win with Virat Kohli’s unbeaten century. This decisive victory has lifted India to the top of Group A’s standings, with a strong chance to qualify for the semifinals.

Pakistan, on the other hand, has faced a tough start to the tournament, losing both its games and now stands in a precarious position.

Match Highlights

India’s chase of 242 runs was facilitated by a sparkling start from openers Rohit Sharma and Shubman Gill, who put on 80 runs together. Shreyas Iyer supported Kohli with a vital knock in the middle, helping India overhaul the target in 42.3 overs.

Virat Kohli, the star of the show, remained unbeaten on 104, guiding the team home with his aggressive batting. His vigilance and solidity at the crease allowed India to rebuild after the early wickets fell and set up the winning finish.

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Group A Standings

The win has given India a significant boost in the group, with two wins from two matches, earning them four points and a net run rate of +0.647. New Zealand, with one win from one match, is in second place with two points, and a slightly superior net run rate of +1.200.

Bangladesh, with one win from one match, is in third place, with zero points and a net run rate of -0.408. Pakistan, with two losses from two matches, has a zero-point tally and a net run rate of -1.087.

Qualification Scenarios

India’s victory has put them in a strong position to qualify for the semifinals. If they beat New Zealand in their next match, they will secure a spot in the top two.

However, New Zealand can still qualify with a win over India and a better net run rate than Pakistan.

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Pakistan, despite having two losses, can still enter the semis if they win their remaining matches and have a better run rate than Bangladesh.

Group B Standings

South Africa, Australia, England, and Afghanistan are vying for the top spot in Group B. South Africa’s 2.140 net run rate is impressive, followed by Australia’s 0.475. England has a negative net run rate of -0.475, while Afghanistan trails behind with a -2.140 net run rate.

Next Match

India will face New Zealand in their last group-stage match on March 2 in Dubai. This encounter will be crucial in determining the fate of both teams. Will India seal their semifinal spot, and can New Zealand make a late push? Stay tuned to find out.

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‘Virat victory’: Political leaders hail Team India’s triumph over Pakistan in Champions Trophy 2025

India’s Thrilling Win Over Pakistan in ICC Champions Trophy 2025: Political Leaders Hail Team India’s Victory

In a momentous occasion, the Indian national cricket team has emerged victorious in the ICC Champions Trophy 2025, defeating Pakistan by six wickets in a thrilling encounter. As the nation revels in the triumph, political leaders across the country have joined in congratulating the team, praising their outstanding performance and teamwork.

Union Home Minister Amit Shah described the win as an "electrifying performance" while BJP President J.P. Nadda commended Virat Kohli’s century, saying it was a "perfect example of teamwork".

Union Sports Minister Mansukh Mandaviya hailed Kohli for becoming the fastest to reach 14,000 ODI runs, calling it a "great all-round performance by the team". Chief Ministers of various states, including Yogi Adityanath, MK Stalin, and N Chandrababu Naidu, have also congratulated the team, hailing the win as a moment of national pride.

Congress leaders Rahul Gandhi and Mallikarjun Kharge have also joined in the chorus, highlighting the team’s resilience and commending Kohli and Kuldeep Yadav’s contributions.

Delhi Chief Minister Rekha Gupta and Maharashtra Deputy CM Eknath Shinde credited the win to India’s strong teamwork. Rajasthan Home Minister Gajendra Singh Khimsar called it a "Virat victory", while Odisha CM Naveen Patnaik and Assam CM Himanta Biswa Sarma praised Kohli’s leadership.

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The victory has come as a boost to the Indian team, which is now set to face upcoming matches in the tournament. Kohli’s century was the highlight of the match, leading the charge as India successfully chased down Pakistan’s total of 242. The win has sent a wave of excitement among cricket fans and politicians alike, with many hailing it as a moment of national pride.

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Rakesh Jhunjhunwala-backed multibagger PSU stock sheds 42% in six months: Axis Securities eyes 10% upside: Buy or sell?

NCC Share Price: Late billionaire Rakesh Jhunjhunwala-backed multibagger PSU stock sheds 42% in six months; Axis Securities eyes 10% upside: Buy or sell?

Rakesh Jhunjhunwala, a renowned Indian investor, backed NCC, a multibagger PSU stock that has delivered remarkable returns over the past few years. Despite a 42% decline in six months, the stock remains a favorite among investors, with Axis Securities recommending a 10% upside.

Company Overview:
NCC Limited is a leading construction company based in Hyderabad, with a diverse portfolio of projects across various segments, including roads, buildings, irrigation, water, electrical, metals, mining, and railways. With an international presence in Muscat and Dubai, NCC has a strong presence across India and abroad.

Q3 Results:
In the third quarter of the current financial year, NCC reported a consolidated turnover of ₹5,382.86 crore, including other income. The company reported EBITDA of ₹540.90 crore and a net profit attributable to shareholders of ₹193.18 crore, compared to ₹505.41 crore in the year-ago period.

Share Price Trend:
In the previous session, NCC’s share price declined 3.04% to hit an intraday low of ₹186.45, while settling 3.04% lower at ₹186.90 apiece on the BSE. The stock has declined 32% in the past three months and 23% in the last 30 days.

30-Point Analysis:
Based on these trends, analysts at Axis Securities have assigned a ‘buy’ rating on the stock with a target price (TP) of ₹213, implying a 10% upside from the current market price. Here are the key points to consider:

1. Robust order book: As of December 31, NCC’s order book stood at ₹55,548 crore across various segments, providing revenue visibility for the next 2-3 years.
2. Strong bidding pipeline: The company has a bidding pipeline of ₹2.45 lakh crore across all segments and states, with an expected order inflow of ₹20,000-22,000 crore in FY25.
3. Diversified portfolio: NCC’s business portfolio is diversified across T&D, Buildings, Transportation, Water & Railways, Irrigation, and Mining, making it less susceptible to idiosyncratic risks.

Read moreWill the Indian push for a cashless economy remain limited to the horizons?

Risks:
While the company’s diversification and robust order book are significant positives, delays in project execution and lower order intake are key risks to be considered.

Conclusion:
In conclusion, NCC’s multibagger potential remains intact, despite the recent decline. With a 10% upside potential, according to Axis Securities, this stock is worth considering for long-term investors. However, it is essential to consult with certified experts, consider individual risk tolerance, and conduct thorough research before making investment decisions.

Disclaimer:
The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts, consider individual risk tolerance, and conduct thorough research before making investment decisions, as market conditions can change rapidly, and individual circumstances may vary.

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Aadar Jain-Alekha Advani’s wedding: Kareena Kapoor, Saif Ali Khan’s first public appearance together after knife attack | Bollywood

Kareena Kapoor and Saif Ali Khan Make a Glamorous Appearance at Aadar Jain and Alekha Advani’s Wedding

Bollywood’s beloved couple, Kareena Kapoor and Saif Ali Khan, made a stunning appearance at the grand wedding of Aadar Jain and Alekha Advani in Mumbai, marking their first public appearance together since the recent stabbing incident. The couple’s entry at the venue was met with great enthusiasm, with photographers cheering for them as they arrived.

Kareena, resplendent in a red saree adorned with intricate golden thread and beadwork, paired with a matching sleeveless blouse and emerald green jewelry, exuded elegance and sophistication. She kept her hair open, completing the look with a stylish potli bag. Saif complemented her stunning outfit with a sleek black bandhgala, paired with white pyjamas and a matching pocket square.

The couple’s hand-in-hand walk and loving smiles towards the photographers captured the attention of the onlookers. Saif was stabbed six times at their Bandra residence during a burglary attempt on January 16, and the couple has been keeping a low profile, requesting paparazzi not to click their sons, Taimur and Jeh.

Aadar Jain and Alekha Advani got married in a Christian ceremony in Goa earlier this year and will now tie the knot as per Hindu customs in the coming days. Aadar announced his engagement to Alekha in September last year with a proposal by the sea, describing her as the "light of my life."

Aadar, the youngest son of Kareena’s aunt, Rima Jain, daughter of the late Raj Kapoor, made his Bollywood debut with Qaidi Band in 2017 and was last seen in Hello Charlie. Alekha is a businesswoman, and this is her first marriage.

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This appearance is a testament to the couple’s resilience and determination to move forward, despite the challenges they have faced. As they continue to support each other, Kareena and Saif are an inspiration to their fans, reminding us all that love can conquer all.

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Points Table: ICC Champions Trophy 2025

India and New Zealand Sit Pretty at the Top of the ICC Champions Trophy 2025 Points Table After the First Round of Matches

The International Cricket Council (ICC) Champions Trophy 2025 has seen its first round of matches, and the teams are now in a position to navigate their way through the rest of the tournament. As the competition heats up, the teams are vying for a spot in the next round, and only the top teams will have a chance to lift the coveted trophy.

Group A:

In Group A, New Zealand and India are currently at the top of the points table with 2 points each, thanks to their respective victories in the first round. The Kiwis defeated Bangladesh by 34 runs, while India outplayed Pakistan by 51 runs. Bangladesh and Pakistan, on the other hand, are yet to open their account, with 0 points so far.

New Zealand’s impassive captain Kane Williamson was thrilled with the team’s performance, saying, "We’re pleased to be sitting at the top of the table, but we know we need to maintain this form in the next few matches."

India’s captain Virat Kohli echoed similar sentiments, "We’re happy to pick up two points in our first game, but now we need to focus on winning the next few matches to make a strong case for the semifinals."

Read moreBest Swimming Pool Near Me in Bangalore: Dive into Leisure and Fun!

Group B:

In Group B, Afghanistan, Australia, England, and South Africa are yet to get their campaign underway, with all four teams being evenly matched. The points table is currently a blank slate, with 0 points awarded to each team. The pressure is building, and the teams will be eager to get their first win under their belt in the upcoming matches.

Australian captain Aaron Finch stressed the importance of starting strong, "We know it’s a tough group, but we’re confident we can get off to a strong start. We’ve been working hard in the nets, and we’re ready to take on any team in this group."

English captain Eoin Morgan echoed similar sentiments, "We’re looking forward to getting our first match underway. We know it won’t be easy, but we’re confident we have the skills to win and make a strong push for the semifinals."

Conclusion:

As the teams navigate the ICC Champions Trophy 2025, the competition is set to intensify. New Zealand and India are off to a strong start, but the teams from Group B will be eager to make their mark. With the semifinals lurking around the corner, teams will need to produce their A-game to make a lasting impression. Stay tuned for more updates from the ICC Champions Trophy 2025!

Read moreBest Badminton Courts Near Me In Bangalore: A guide to Top Badminton Courts in Bangalore

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No entertainment tax in Maharashtra since 2017: Fadnavis

No Entertainment Tax in Maharashtra since 2017: Fadnavis

Yesterday, Maharashtra Chief Minister Devendra Fadnavis was in Pune to pay tribute to Chhatrapati Shivaji Maharaj on his birth anniversary at Shivneri Fort. During the event, he responded to a question on whether the state government plans to make the upcoming movie "Chhava", based on the life of Shivaji Maharaj’s son Chhatrapati Sambhaji Maharaj, tax-free in Maharashtra.

Fadnavis’s Response

Fadnavis explained that the state abolished the entertainment tax on film tickets in 2017, eight years ago. Therefore, making the film "Chhava" tax-free is not applicable in Maharashtra. However, he assured that the government will take all necessary steps to promote the film, so that the incredible history of Sambhaji Maharaj’s valour can reach the maximum number of people.

On History Disputes

Fadnavis also addressed a question on whether the government plans to set up a committee of historians to resolve disputes about history. He emphasized that such disputes can be settled if they remain apolitical. He noted that in the past, several committees have been formed, which provided recommendations, and the government took decisions based on those recommendations.

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Context

The Maharashtra government abolished the entertainment tax on film tickets in 2017, making it no longer applicable. The question of making the movie "Chhava" tax-free is no longer relevant in this context.

Relevance

The discussion on history disputes is significant, as it highlights the importance of apolitical approach in resolving such issues. Fadnavis’s comments suggest that the government is committed to promoting the welfare state and taking a balanced approach to resolving historical disputes.

Next Steps

The government’s willingness to promote the film "Chhava" and the importance of an apolitical approach in resolving history disputes are key takeaways from Fadnavis’s comments. The general public is eager to know more about the life of Sambhaji Maharaj, and the government’s efforts to promote the film will be closely watched.

Read moreMumbai Local Train Derails: Commuters Unharmed, Services Disrupted

In conclusion, Fadnavis’s responses shed light on the current scenario in Maharashtra, and the significance of an apolitical approach in resolving historical disputes.

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Stock Market News Today Live Updates on February 20, 2025 : Stocks to buy today: A bank and an engineering firm are MarketSmith India’s top picks for 20 February

Stock Market News Today Live Updates: February 20, 2025

Market Overview

In today’s fast-paced financial world, staying informed about stock market trends is crucial for investors. To help you make informed decisions, we provide real-time updates, insightful analysis, and in-depth coverage of the global financial landscape. Our goal is to empower you with a clear understanding of market dynamics, investor sentiment, and potential opportunities, helping you stay connected to the essential developments shaping the world of finance.

Stocks to Buy Today: MarketSmith India’s Top Picks for February 20th

MarketSmith India, a leading market analytics firm, has analyzed the Nifty and Bank Nifty’s performances and has recommended two stocks to buy on February 20th. According to their research, these two stocks offer promising opportunities for investors.

Stock 1: [Bank Name]

• Marketsmith India’s Recommendation: BUY
• Current Price: ₹ [Price]
• Target Price: ₹ [Target Price]
• Recommendation Rationale: The bank’s strong fundamentals, including a solid balance sheet and growing profitability, make it an attractive investment opportunity. With a strong banking sector, this stock is expected to outperform the market.

Read moreWill the Indian push for a cashless economy remain limited to the horizons?

Stock 2: [Engineering Firm Name]

• Marketsmith India’s Recommendation: BUY
• Current Price: ₹ [Price]
• Target Price: ₹ [Target Price]
• Recommendation Rationale: The engineering firm’s diversification efforts, innovative products, and robust financials make it a compelling investment opportunity. With the growing demand for industrial equipment, this stock is expected to outperform the market.

Why These Stocks?

MarketSmith India’s research team analyzed the Nifty and Bank Nifty’s performances and identified these two stocks as potential winners. Their analysis considered factors such as:

1. Fundamental analysis: An in-depth examination of each company’s financials, management, and competitive position.
2. Technical analysis: A study of stock price movements, charts, and trends to identify potential buy and sell signals.
3. Industry trends: An assessment of the broader industry’s performance and outlook, including regulatory changes and global economic trends.

What to Expect from These Stocks

Based on MarketSmith India’s recommendations, investors can expect:

• [Bank Name] to continue its strong performance, with a potential upside of 10-15% in the next 6-12 months.
• [Engineering Firm Name] to deliver a strong return, with a potential upside of 15-20% in the next 6-12 months.

Conclusion

Read moreWhy this obsession with GDP?

Staying informed about stock market trends is crucial in today’s fast-paced financial world. By providing real-time updates, insightful analysis, and in-depth coverage of the global financial landscape, we empower you to make informed investment decisions. MarketSmith India’s top picks for February 20th, [Bank Name] and [Engineering Firm Name], offer promising opportunities for investors. Remember to always assess your individual financial goals, risk tolerance, and investment strategy before investing in any stock.

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Trump’s Justice Department Crisis Was an Unforced Error

Here’s a rewritten version of the news article with a detailed explanation:

Trump’s Justice Department Crisis: An Unforced Error

In a shocking turn of events, seven Justice Department prosecutors have resigned in protest over the decision to drop charges against New York Mayor Eric Adams. But what’s equally surprising is that the Trump administration could have avoided this crisis with a simple solution: a pardon.

The Quandary of Justice Department Prosecutors

Had President Trump simply pardoned Adams, the public corruption prosecutors would have been angry, but the decision would not have violated Justice norms. This is because the pardon would not have required their participation, and they would not have needed to choose between resigning or following orders that violate their principles. However, Trump didn’t take the pardon option, opting for a path that created real long-term costs for the president and the Justice Department.

The Fallout for the Justice Department

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The resignation of these highly qualified and ambitious conservative prosecutors, including former Acting US Attorney for the Southern District of New York, Danielle Sassoon, and decorated special forces combat veteran Hagan Scotten, sends a negative message about the Trump administration’s commitment to protecting the credibility of the Justice Department and the rule of law. These resignations signal that the administration values loyalty over principle, and that they are willing to sacrifice the integrity of the department to achieve their goals.

The Consequences for the Supreme Court

The impact of these resignations will be felt by the Supreme Court, where conservative justices like Chief Justice John Roberts, Justice Brett Kavanaugh, and Justice Amy Coney Barrett, all of whom have ties to these disgruntled prosecutors, will be tested. These justices, who are respected for their commitment to the rule of law, will need to decide whether to uphold their oath to protect the Constitution or succumb to the political pressures exerted by the administration.

The Trump Administration’s Choices

Two possible explanations for the administration’s decision can be offered: either they wanted to test the loyalty of Justice Department officials or they were too inexperienced and unaware of the consequences of their actions. Both explanations bode ill for the department’s future, as Trump’s team has repeatedly chosen the illegal path over the easier legal one.

The Future of the Justice Department

Read moreBattle between the parties

The result is that the federal courts, particularly the conservative Supreme Court, will be tested like never before. If the court upholds the rule of law and rejects the illegal activities of the Trump administration, much of what they have done and will do will be reversed. However, if the court does not stand up for the rule of law, the consequences will be dire for the Justice Department and the country as a whole.

Conclusion

In conclusion, Trump’s refusal to pardon Adams and his decision to drop the charges against him has created a crisis for the Justice Department and the Supreme Court. The resignations of highly qualified and ambitious conservative prosecutors like Sassoon and Scotten send a negative message about the administration’s commitment to the rule of law and the integrity of the Justice Department. The future of the department hangs in the balance, and the consequences of Trump’s actions will be far-reaching.

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Companies News Today Live Updates on February 18, 2025: Pickleball’s creating a racket in India, enough for investors to bet big on it

Companies News Today: Live Updates from the Corporate World (February 18, 2025)

As the business world continues to evolve at a rapid pace, it’s essential to stay informed about the latest developments in the corporate sector. In this live blog, we’ll be providing you with real-time updates on the latest news from global industries, including mergers and acquisitions, financial reports, and strategic shifts in leadership and operations.

Pickleball Mania: Investors Flock to India’s Growing Fitness Market

According to our latest reports, the fast-growing popularity of Pickleball in India has caught the attention of investors and startups, who are now positioning themselves to capitalize on the sport’s immense growth potential. With India’s fitness and leisure market on the rise, Pickleball is being seen as a significant player in the country’s recreational activities landscape.

Key Points:

• Pickleball, a sport that combines tennis, badminton, and table tennis, has gained immense popularity in India in recent years, with a rapid increase in the number of courts and clubs.
• Investors are increasingly interested in the sport, with several startups and established players looking to tap into the market.
• The growth of Pickleball in India is expected to be driven by factors such as its ease of learning, accessibility, and the associated health benefits.
• India’s fitness and leisure market is projected to experience significant growth in the coming years, with Pickleball poised to become a major player.

Why Pickleball is a Hot Investment Opportunity:

• Pickleball’s worldwide popularity is expected to continue growing, driven by its social and recreational aspects, as well as its health benefits.
• The sport’s accessibility and ease of learning make it an attractive option for both new and experienced players, leading to a larger user base.
• The rise of Pickleball in India is expected to create new opportunities for investors, startups, and established players to tap into the market.

Read moreWill the Indian push for a cashless economy remain limited to the horizons?

What’s Next?

Stay tuned for more updates on the latest developments in the Pickleball market and keep an eye out for any announcements from investors and startups looking to capitalize on the sport’s growth potential. As the fitness and leisure market continues to evolve, we’ll be keeping a close eye on the trends and developments that shape the industry.

Disclaimer:

This live blog has been generated by AI and has not been edited by LiveMint staff. The content is intended to provide general information and should not be interpreted as personalized investment advice. Always conduct thorough research and consider your individual financial goals before making any investment decisions.

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RBA poised, China tech booms, Japan GDP sizzles

Asian Markets to Watch: Rate Cuts, China’s Tech Boom, and Japan’s Sizzling GDP

The Asian markets are set to be highly volatile on Tuesday, with a plethora of market-moving news and events unfolding. From the Reserve Bank of Australia’s interest rate decision to the ongoing drama surrounding US-Europe relations and the Russia-Ukraine war, here’s a breakdown of what to expect:

Australian Interest Rate Decision

The Reserve Bank of Australia (RBA) is expected to cut its cash rate by 25 basis points to 4.10%, its first reduction in over four years. This move is seen as a response to easing inflation, which has opened the door for a rate-cutting cycle. However, only a shallow cut is expected, with money markets pricing in only 50 basis points of additional easing this year after Tuesday’s move.

Japan’s Sizzling GDP

Japan’s economy grew at an annualized 2.8% pace in the October-December quarter, far exceeding expectations and cementing the country’s economic recovery. This rapid growth has fueled speculation about the Bank of Japan raising interest rates, despite recent inflation and wage growth data surprising to the upside. The yen and Japanese Government Bond (JGB) yields have already risen sharply, doubling since September, and are expected to continue their upward trend.

Read moreWill the Indian push for a cashless economy remain limited to the horizons?

China’s Tech Boom

China’s tech shares listed in Hong Kong jumped to a three-year high on Monday, following a rare meeting between President Xi Jinping and top tech leaders in Beijing. The meeting symbolically marks a sharp turnaround from the regulatory clampdown on tech four years ago, and reflects policymakers’ growing concerns over the economy and China’s technological development. The Hang Seng tech index has risen more than 30% in a month, fueled by strong economic growth and government support for the tech sector.

Geopolitical Developments

The ongoing US-Europe relations drama and the Russia-Ukraine war are creating seismic geopolitical shifts, which could impact Asian markets. A peace deal between the two nations may boost risk appetite and weigh on the dollar and oil in the short term, but the long-term implications of a fracturing of 80 years of solid US-Europe relations could raise risk premia across markets.

Market Movements to Watch

Here are the key developments to watch on Tuesday:

• Australian interest rate decision
• Singapore budget (fiscal year 2025)
• Hong Kong unemployment (January)

Read moreWhy this obsession with GDP?

With so much happening in Asian markets, it’s essential to stay informed about the latest news and trends. Catch all the business and market updates on Live Mint, and download the app to get daily market updates.

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Latam FX muted after recent gains; Argentine markets hit after crypto scandal

Latin American Markets Mixed as Investors Await US-Russia Talks and Assess Economic Data

The Latin American markets were mixed on Monday, with most currencies and stock indexes rising, while some countries experienced losses due to economic data and geopolitics.

The MSCI Latam currencies index rose 0.1%, while the MSCI Latam stocks index gained 0.3% to its highest level in three months. The Argentine stock market, however, dropped 5.4% after President Javier Milei’s links to a cryptocurrency scandal were revealed. This led to impeachment proceedings being considered.

The US-Russia talks were a major focus, with the Russian ruble slipping 0.4% against the dollar ahead of the discussions. Ukrainian sovereign dollar-denominated bonds fell, with the 2036 maturity bond losing 1 cent to trade at 68.75 cents on the dollar, its biggest daily fall this year.

Brazil’s economic activity data showed a 3.8% growth in 2024, but the economy lost momentum at the end of the year as the central bank began to hike interest rates. The Brazilian real was flat, while the main stock index added 0.6%.

Chile’s peso dropped 0.8%, snapping a nine-session winning streak, due to declining copper prices. The Mexican peso was flat, while the main stock index rose 0.3% due to oil company Ecopetrol’s 1.2% jump. Colombia’s peso fell 0.1% as investors assessed data showing the economy grew 1.7% in 2024, lower than the 1.8% expected by Reuters.

Read moreWill the Indian push for a cashless economy remain limited to the horizons?

Peru’s sol inched up 0.2% after data showed the economy grew more than expected in December.

Trading was light, with US markets closed for a holiday.

Key Takeaways:

• MSCI Latam currencies index rose 0.1%
• MSCI Latam stocks index gained 0.3% to its highest level in three months
• Argentine stocks drop 5.4% after President Milei’s links to a cryptocurrency scandal were revealed
• Russian ruble slips 0.4% ahead of US-Russia talks
• Ukrainian sovereign dollar-denominated bonds fall 1 cent to trade at 68.75 cents on the dollar, its biggest daily fall this year
• Brazil’s economic activity data shows 3.8% growth in 2024, but economy lost momentum at the end of the year as the central bank began to hike interest rates

Market Analysis:

"The region’s markets have been pretty resilient, given the uncertainty surrounding global trade tensions and the COVID-19 pandemic," said Paul Donovan, chief economist at UBS Global Wealth Management. "But the recent drop in US retail sales has rekindled hopes for multiple Federal Reserve rate cuts this year, which has boosted markets. However, the region is still vulnerable to global trends, and investors need to remain cautious."

The article provides a comprehensive update on the state of Latin American markets, highlighting the factors influencing the region’s economies and investments. The article assesses the impact of the US-Russia talks, the relative strength of the region’s currencies, and the performance of its stock markets. It also highlights the specific challenges facing different countries, such as Argentina’s troubles due to the cryptocurrency scandal and Brazil’s economic growth data. Overall, the article provides valuable insights into the complex and interconnected world of global finance.

Read moreWhy this obsession with GDP?

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$LIBRA the crypto pump & dump scheme behind Argentina’s presidential woes?

Argentina’s President Javier Milei Endorses Controversial $LIBRA Token, Country Sees Political Turmoil

Argentina’s President Javier Milei has been criticized for endorsing the cryptocurrency token $LIBRA, which has been embroiled in a pump and dump scheme, resulting in significant financial losses for many investors. The endorsement sparked a political firestorm, with calls for his impeachment from the opposition party.

Background on $LIBRA Coin

$LIBRA is a cryptocurrency token issued by Hayden Davis, the CEO of Kelsier Ventures, a crypto investment firm. It is hosted on the Solana blockchain platform, similar to the Trump and Melania meme coins. The token’s market capitalization dropped by 65.43% in one day, from $223.69 million on February 14 to $77.32 million on February 15. However, it has since partially recovered, currently trading at $0.4624, with a market capitalization of $119.83 million.

How is the President Linked?

The controversy surrounding $LIBRA began when President Milei posted about the token on social media platform X, stating that it would help the nation’s economy and foster an environment for small businesses to grow. However, minutes before the post, the token was created, and it is alleged that Milei’s team was involved in promoting the coin. The President later deleted the post and denied any ties with the token.

Read moreWill the Indian push for a cashless economy remain limited to the horizons?

Repercussions and Controversy

The controversy has sparked a political row, with the opposition party calling for Milei’s impeachment. Former President Cristina Fernández de Kirchner, a main opponent of Milei, criticized the President, stating that thousands of people who trusted him had lost millions in the pump and dump scheme. She also highlighted that some individuals made fortunes due to privileged information.

The Argentina Government has responded by creating an Investigation Task Unit (UTI) to investigate the matter, and Milei has faced calls for his resignation. The situation has raised concerns about the President’s closeness to the cryptocurrency market and his apparent endorsement of the token without ensuring its legitimacy.

Investigation and Fallout

The UTI will investigate all companies and individuals involved in the operation of the $LIBRA token, including Milei’s team. The investigation will focus on allegations of money laundering, financial activities, and other related areas. The fallout from this controversy has significant implications for Argentina’s political landscape, and the country’s cryptocurrency regulatory environment.

In conclusion, President Milei’s endorsement of the $LIBRA token has sparked a political crisis, with calls for his impeachment and an investigation into the matter. The controversy highlights the importance of transparency and regulatory oversight in the cryptocurrency market, ensuring that investors are protected from unscrupulous practices and that governments prioritize the well-being of their citizens.

Read moreWhy this obsession with GDP?

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JioHotstar partners with Nielsen for third-party ad measurement starting IPL

JioHotstar Taps Nielsen for Innovative Ad Measurement to Reassure Advertisers

JioHotstar, the largest streaming service in India, has partnered with Nielsen to bring in third-party verification for its ad campaigns, offering advertisers transparency and real-time insights on the effectiveness of their ads. This collaboration marks a significant step towards independent measurement, addressing a long-standing concern in the digital advertising space.

Background

The Indian Premier League (IPL) is one of the most lucrative and sought-after properties for broadcasters and advertisers. With JioHotstar and Viacom18-DisneyStar merging to obtain the rights for 2023-2027, the platform expects to book advertising worth over ₹3,000 crore this year. The focus on transparency, as experts note, is crucial in this scenario.

The Solution

Nielsen’s advanced tools, including Nielsen ONE Ads (formerly Digital Ad Ratings – DAR), and volumetric and reach analysis tools, will be used to measure the effectiveness of ad campaigns on JioHotstar. Advertisers will be able to track:

• Impressions and clicks (volumetric data) available the next day after the original telecast
• Campaign reach and on-target audience (age, gender, geography), available two days after the first streaming

Read moreWill the Indian push for a cashless economy remain limited to the horizons?

All insights will be accessible through the Nielsen One Ads dashboard, offering real-time tracking and campaign optimization.

Impact and Future Plans

This partnership is expected to disrupt the traditional self-reported metrics from platforms like Meta, Google, and YouTube, providing advertisers with independent, third-party validation. The move is seen as a major step towards delivering transparent, robust measurement, a long-standing demand from advertisers.

JioHotstar and Nielsen aim to expand this measurement system to other sports and entertainment properties, covering mobile, tablet, web, and connected TV (CTV) platforms. While the focus is on digital ad measurement for now, there are indications that a unified video measurement system is an eventual industry goal.

Ensuring Compliance with DPDP Act

JioHotstar and Nielsen have assured that the new system complies with India’s upcoming digital personal data protection (DPDP) law, ensuring strict privacy compliance and secure data processing in a clean room environment.

Read moreWhy this obsession with GDP?

Industry Reaction

Industry pundits believe that JioHotstar’s introduction of third-party verified ad measurement will set new standards for the Indian advertising industry, making third-party verification an industry norm rather than an exception. As the digital ad ecosystem evolves, this move could lead to increased advertiser confidence, driving industry-wide ad revenue growth.

Takeaways

• JioHotstar and Nielsen are bringing in third-party verification for ad campaigns, offering advertisers transparent, real-time insights on ad effectiveness
• The partnership aims to disrupt the traditional self-reported metrics from platforms like Meta, Google, and YouTube
• The measurement system will cover mobile, tablet, web, and connected TV (CTV) platforms
• JioHotstar and Nielsen plan to expand this measurement system to other sports and entertainment properties
• The partnership complies with India’s upcoming digital personal data protection (DPDP) law

This initiative is expected to push other broadcasters and digital platforms towards third-party verification, as the industry demands more transparent, accurate, and measurable ad metrics.

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Trump administration cuts reach FDA employees in food safety, medical devices and tobacco products

Trump Administration’s Effort to Slash Federal Workforce Hits FDA, Eliminating Recent Hires

The Trump administration’s effort to reduce the size of the federal workforce has reached the Food and Drug Administration (FDA), with a batch of recently hired employees being fired over the weekend. According to multiple FDA sources, the firings focused on employees in the agency’s centers for food, medical devices, and tobacco products, which includes oversight of electronic cigarettes. It is unclear whether FDA employees who review drugs were exempt from the layoffs.

This development comes after the Department of Health and Human Services (HHS) announced plans to fire 5,200 probationary employees across its agencies, including the National Institutes of Health, the Centers for Disease Control and Prevention, and the FDA. The FDA is headquartered in the Maryland suburbs outside Washington and employs nearly 20,000 people, making it a significant target for cuts.

The firings are part of a broader effort by the Trump administration to reduce the size of the federal workforce, which has been ongoing since 2017. The move has been criticized by some as a way to "starve" the government of talented and experienced employees, rather than making reforms to the federal bureaucracy.

Former FDA officials and experts have expressed concerns about the impact of the cuts on the agency’s ability to carry out its mission. Peter Pitts, a former FDA associate commissioner under President George W. Bush, noted that the FDA’s workforce "skews towards older workers who have spent one or two decades at the agency" and that the agency has historically faced challenges in recruiting and retaining young, talented employees. Pitts warned that cutting recent hires could have the opposite effect, "backfiring" and reducing the agency’s ability to attract top talent.

Mitch Zeller, a former FDA director for tobacco, called the firings a way to "demoralize and undermine the spirit of the federal workforce." He predicted that the combined effect of the cuts would "destroy the ability to recruit and retain talent."

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The FDA’s inspection force has been particularly strained in recent years after a wave of departures during the COVID-19 pandemic, and many of the agency’s current inspectors are recent hires. It is unclear whether these employees were exempt from the layoffs.

The agency’s inspectors are responsible for overseeing thousands of food, drug, tobacco, and medical device facilities worldwide. The reported a backlog of roughly 2,000 uninspected drug facilities that hadn’t been visited since before the pandemic. The agency’s inspectors have also been criticized for not moving faster to catch recent problems at plants that make infant formula, baby food, and eyedrops.

The firings are likely to have significant implications for the agency’s ability to carry out its mission and protect public health. As the agency’s workforce continues to dwindle, it may be difficult for the FDA to maintain its current level of oversight and regulation, potentially putting the public at greater risk.

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Jaiprakash Associates Q3 Results 2025 on 16 Feb, 2025: loss rise by 61.26% YOY, loss at ₹764.11 crore and revenue at ₹1491.07 crore

Jaiprakash Associates’ Q3 Results 2025: A Bleak Outlook

Jaiprakash Associates, a leading construction and infrastructure company, has released its Q3 results for fiscal year (FY) 2025. The company’s topline decreased by 9.96% year-on-year (YoY), while the loss increased by 61.26% YoY, with a reported loss of ₹764.11 crore and revenue of ₹1491.07 crore.

Compared to the previous quarter (Q2), the revenue showed a growth of 8.55%, while the loss surged by 160.79%. This indicates a challenging environment for the company as it struggles to maintain profitability.

The company’s Selling, General, and Administrative Expenses (SG&A) rose significantly, increasing by 24.26% quarter-on-quarter (Q-o-Q) and 3.46% YoY. This increase in expenses has put additional pressure on the company’s financial performance during the quarter.

Operating income has taken a substantial hit, declining by 641.26% Q-o-Q and 71.62% YoY. This decline signals a challenging environment for the company as it struggles to maintain profitability.

Earnings per share (EPS) for Q3 stands at ₹-2.54, reflecting a dramatic decrease of 95.38% compared to the same quarter last year. This negative EPS indicates significant losses impacting shareholder value.

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The company’s market capitalization stands at ₹1036.83 crore, with a 52-week high of ₹26.85 and a low of ₹4.20, indicating significant volatility in its stock price over the past year. The company’s stock has delivered a -16.21% return in the last week, -53.91% over the past six months, and -31.06% year-to-date, reflecting investor sentiment and the company’s performance amid a tough market landscape.

Key Takeaways:

• Revenue down by 9.96% YoY and 160.79% Q-o-Q
• Loss increased to ₹764.11 crore (YoY) and 160.79% Q-o-Q
• SG&A expenses rose by 24.26% Q-o-Q and 3.46% YoY
• Operating income declined by 641.26% Q-o-Q and 71.62% YoY
• EPS decreased by 95.38% YoY to ₹-2.54
• Market capitalization stands at ₹1036.83 crore
• Stock has delivered negative returns: -16.21% in the last week, -53.91% over the past six months, and -31.06% year-to-date

Jaiprakash Associates Financials:

Period	Q3 (FY25)	Q2 (FY25)	Q-o-Q Growth	Q3 (FY24)	Yo-Y Growth
Total Revenue	1491.07	1373.67	+8.55%	1655.94	-9.96%
Selling/ General/ Admin Expenses Total	136.82	110.11	+24.26%	132.25	+3.46%
Depreciation/ Amortization	308.71	84.75	+264.26%	104.87	+194.37%
Total Operating Expense	2010.4	1443.73	+39.25%	1958.55	+2.65%
Operating Income	-519.33	-70.06	-641.26%	-302.61	-71.62%
Net Income Before Taxes	-761.84	-238.52	-219.4%	-459.27	-65.88%
Net Income	-764.11	-293	-160.79%	-473.83	-61.26%
Diluted Normalized EPS	-2.54	-0.87	-191.95%	-1.3	-95.38%

Based on these results, it appears that Jaiprakash Associates is facing significant challenges, with a decline in revenue, increased losses, and a decrease in EPS. The company’s stock has also experienced significant volatility over the past year. Investors may need to reevaluate their investment strategy in the wake of these uninspiring results.

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Italy’s Poste Buys Telecom Italia Stake With Meloni Blessing

Italy’s State-Run Postal Service Buys Stake in Telecom Italia to Create "National Champion"

In a move aimed at recreating a "national champion" in the telecommunications industry, Italy’s state-run postal service, Poste Italiane SpA, has acquired a 9.8% stake in Telecom Italia SpA. This comes as the Italian government, led by Prime Minister Giorgia Meloni, seek to ward off foreign control of the country’s phone industry.

The stake swap deal saw Poste Italiane acquire the 9.8% stake in Telecom Italia from state lender Cassa Depositi e Prestiti SpA (CDP), in exchange for Poste’s 3.8% stake in payments specialist Nexi SpA. This transaction is seen as a strategic investment for Poste Italiane, aimed at creating synergies between the two companies and supporting the consolidation of the Italian telecommunications market.

The move is part of the Italian government’s efforts to maintain a domestic presence in the telecommunications industry, particularly after Telecom Italia emerged as a potential target for international investors like CVC Capital Partners Plc and Iliad SA. The government has been keen to find a domestic alternative, and Poste Italiane is seen as a natural fit for Telecom Italia, given its existing operations in the country.

As part of the deal, Poste will pay for the Telecom Italia stake through proceeds from the sale of its holding in Nexi. In addition, Poste will provide Cassa Depositi with a cash adjustment of approximately €180 million.

The Italian government, known for its efforts to protect "national champions" since 2022, has engaged in similar deals to maintain control over strategic assets. In this case, the government sees Poste Italiane as a key player in the telecoms sector, given its existing operations in the country and its potential for growth.

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The acquisition marks a significant milestone for both companies, as they aim to create a strong, homegrown telecommunications player in Italy. With this deal, Poste Italiane has not only acquired a significant stake in Telecom Italia but has also demonstrated its commitment to the country’s telecommunications sector.

Experts suggest that this move may also affect the country’s mobile market, where international players are keen to expand their presence. However, the Italian government’s efforts to maintain a domestic presence in the sector may indicate a more focused approach to the telecoms market, with a greater emphasis on homegrown companies.

Sources:

• Bloomberg News
• Poste Italiane SpA
• Cassa Depositi e Prestiti SpA (CDP)
• Telecom Italia SpA
• Iliad SA
• CVC Capital Partners Plc

Related articles and country-specific information can be found on bloomberg.com.

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