HONG KONG/SHANGHAI: Investors in Chinese bonds head for 2025 betting there will be no miraculous recovery in the economy, putting them at odds with an equities market that has wagered on a revival in consumption. Although China’s closed capital account diminishes the 33 trillion yuan ($4.6 trillion) market’s worth as an economic forecaster, the signal from ten-year bond yields scraping record lows almost daily and long bonds falling below Japanese yields still shows a deep-set negativity about the outlook. “The bonds are basically saying that, yes, there is a (stock market) rally out there, but we don’t buy this rally for the long term,” said Bhanu Baweja, chief strategist for UBS Investment Bank in London. “Bonds are saying that this is not an earnings-based rally, this is not a reflation-based rally.” A benchmark ten-year yield down more than 80 basis points this year to a record low of 1.78 percent reflects a banking system overflowing with cash and a market broadly expecting slow growth and hardly any inflation. Bond prices move inversely to yields and, because sovereign debt is regarded as a safe asset, they are affected by a combination of inflation expectations, interest rates, creditworthiness and appetite for risk in other asset classes. Since September, as China has cut interest rates and made numerous promises to stabilize financial and property markets, boost economic growth and revive consumption, equity markets have rallied and pushed price-to-earnings ratios sharply higher. Bonds have made an almost opposite move, particularly at the long end where 30-year yields have been driven below 2 percent. Thirty-year yields in Japan, an economy which has become a byword for deflation and slow growth, are 2.24 percent. “I think the Chinese bond yields should be lower if they were to reflect the current economic situation in the country,” said Edmund Goh, investment director of fixed income at abrdn in Singapore. “We think it’s difficult to see meaningful inflation given the property situation in China now and the government is determined not to create another property bubble.” In March, China’s government set a growth target of “around 5 percent” for this year, but the world’s second-biggest economy has struggled for momentum and grew just 4.6 percent in the third quarter. Goldman Sachs sees growth slowing to 4.5 percent next year. Part of the backdrop to the bond rally is a lack of alternatives. Chinese banks are bursting with more than 300 trillion yuan in deposits and with loan growth in the doldrums, much of that ends up flowing to money markets and bonds - pushing down yields. The yield on the popular Tianhong Yu’Ebao money fund, which is China’s largest with more than 600 million investors, hit a record low at 1.266 percent this week. “Onshore lenders are facing the question of whether to give out loans to businesses, or to play it safe with risk-free Chinese government bonds,” said Clarissa Teng, fixed income allocation strategist at the chief investment office of UBS global wealth management in Hong Kong. — Reuters “Many are doing the latter, especially given that credit demand from households and corporates has been soft as well.” Risks to the bond market are some of the same factors supporting equities - that China unveils a large fiscal spending plan which requires extra borrowing and leads to higher inflation, both of which are negative for bonds. China’s central bank has also sounded uncomfortable with the scale of the rally and has actively sold bonds to slow it down. Foreign investors, including BlackRock, have also been sellers in part to take some profits after the long rally. Still, most investors say the path of least resistance is for the rally to continue with Li Kai, chief investment officer of Beijing Shengao Fund Management, expecting a 10-year yield of 1.6 percent next year and others confident in their positions. “We’re struggling to find much reason to be pessimistic about the sovereign bond market,” said analysts at Shanghai-based Shoupu Asset Management in a November letter to investors. “The facts of economic fundamentals are out there, and without strong, targeted growth-stabilizing policies, there is little resistance to the decline in bond yields.” — ReutersZipRecruiter EVP Ryan Sakamoto sells $12,862 in stock
The Delhi High Court has acquitted a man in a POCSO case, saying the use of phrase ' physical relations ' by the minor survivor cannot automatically mean sexual assault. A bench of Justices Prathiba M Singh and Amit Sharma allowed the appeal by the accused, who was awarded imprisonment for the remainder of his life, and observed that it was unclear how the trial court concluded that there was any sexual assault when the survivor had voluntarily gone with the accused. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for The court asserted that the leap from physical relations or 'samband' to sexual assault and then to penetrative sexual assault must be established by evidence and cannot be deduced as an inference. "The mere fact that the survivor is below 18 years cannot lead to a conclusion that there was penetrative sexual assault. The survivor, in fact, used the phrase 'physical relations', but there is no clarity as to what she meant by using the said phrase," the court said in the judgement passed on December 23. "Even the use of the words 'samband banaya' is not sufficient to establish an offence under Section 3 of the POCSO Act or under Section 376 IPC. Though consent would not matter if the girl is a minor under the POCSO Act, the phrase 'physical relations' cannot be converted automatically into sexual intercourse let alone sexual assault," it held. The court said the benefit of doubt ought to be in favour of the accused and, therefore, ruled, "The impugned judgement completely lacks any reasoning and also does not reveal or support any rationale for the conviction. Under such circumstances, the judgement is liable to be set aside. The appellant is acquitted." 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The minor was found in Faridabad along with the accused, who was arrested and subsequently convicted for offence of rape under IPC and penetrative sexual assault under POCSO in December 2023 and later awarded imprisonment for the remainder of his life. (You can now subscribe to our Economic Times WhatsApp channel )
Mini-LED TVs have become increasingly popular and more affordable over the years. Once a premium technology, budget brands such as and have started to offer them for cheaper than ever before. Hisense is at the top of the list when it comes to offering mini-LED TVs that demonstrate excellent value, and no range in Hisense’s lineup does it better than the ULED or ‘U’ series, which are some of the on the market. I’ll compare the two most entry-level U series models I tested in 2024: the and the . The U7N is the step-up model of the two, but what does the extra cost get you? The Hisense U6N is the entry-level model in Hisense’s ULED range. It comes in 50- to 85-inch screen sizes, though it’s worth noting that the 50-inch model is only available in the UK, while the 85-inch model is not available in the UK. Prices for the Hisense U6N were as follows on release: Since its release, prices for the U6N have fallen across all sizes, with the 65-inch model I tested falling as low as $599 in the US and £799 in the UK, giving incredible value for money. The Hisense U7N is available in 55- to 85-inch screen sizes, with all sizes available in all regions. Prices for the U7N at launch were as follows: Like the U6N, prices have fallen for the U7N, with the 65-inch model I tested falling as low as $649 / £899 / AU$1,395 in the months since its release. The U7N is arguably the better value for money as it has better local dimming performance and more gaming features. The Hisense U6N is a well-featured TV for the money. It has a mini-LED backlight, a solid list of gaming features including VRR, Dolby Vision gaming, and ALLM, and supports both the Dolby Vision and HDR10+ formats. It also has an effective game mode and uses TV as its US smart TV platform and Hisense’s VIDAA interface in the UK. So what does the extra cost of the Hisense U7N get you? For starters, more local dimming zones for better contrast (342 zones vs the U6N’s 240 in the 65-inch model I tested) and 144Hz support for gaming. Both sets also support the Dolby Atmos and DTS:X audio formats, though the U7N’s 2.1-channel, 40W built-in speakers give an overall punchier sound than the U6N’s 2.0-channel, 10W speakers. The Hisense U7N wins this round not just because it has more features, but because you get those extra features for only a minimal price increase. When I tested the Hisense U6N, I found that its colors were bright and punchy and it demonstrated decent overall contrast. Blacks did take on a grayish tone, but dimmer movies such as still looked pretty good. But, it was the U6N’s detail and textures that impressed me the most. It didn’t have the same near-3D realism as TVs such as the , but the U6N’s picture was still refined and showed good depth. So, what differences are there between the U6N and U7N? The U7N’s higher local dimming zone count improved contrast further, delivering deeper black levels and improved shadow detail, which made objects more visible in dark scenes. The U7N’s colors were also brighter and more vivid. While neither TV’s brightness is going to blow away more premium mini-LEDs such as the or step-up , I measured the U6N and U7N’s peak brightness as 651 nits and 1,074 nits respectively. The higher brightness on the U7N was noticeable, giving HDR highlights a more dynamic look. I also found that both the U6N and U7N struggled with motion. Neither TV is going to top the , but the U7N in its Standard or Smooth motion preset did require less tweaking of settings compared to the U6N. Both of these affordable mini-LED TVs demonstrated some backlight blooming, and contrast faded when viewed off-center. But, once again, the U7N didn’t suffer as badly here as the U6N. The U7N takes the crown and shows that budget mini-LEDs can still demonstrate great picture quality. It’s easily the best affordable mini-LED TV with a picture that outperforms its price. Straight off the bat, I’d recommend pairing both the Hisense U6N and Hisense U7N with one of the , as their limited speaker arrays and limited overall power aren’t going to give you the most cinematic experience. Nevertheless, if you really don’t want to use a soundbar, I found during testing that the U6N demonstrated clear enough speech, though it struggled in other areas due to its limited soundstage and average sound placement. The Hisense U7N didn’t fare much better in my tests, but its subwoofer helped make the bass sound punchier. I also found its directional sound placement to be more accurate. Again, I’d recommend using a soundbar with both of these sets, but when it comes to built-in sound, the Hisense U7N comes out on top. Both the Hisense U6N and Hisense U7N have a solid, but basic design. Each comes with an easy to assemble stand and has a trim enough bezel and profile, but their physical design is what you’d expect from a TV in this price range. The built-in smart TV platform will vary depending on your location. In the US and Australia, the U6N and U7N use Google TV as their smart interface, whereas in the UK, both use Hisense’s own VIDAA platform. Google TV is my preferred interface of the two as it feels more responsive and has a tidier home screen, but both offer a good number of picture and sound settings to tailor the experience to your needs. The Hisense U6N has a decent stock of gaming features at this budget price range, including VRR ( FreeSync Premium included), ALLM and Dolby Vision gaming, which beats the likes of the similarly priced . However, the Hisense U7N offers all of this plus 4K144Hz support – a feature we look for in the that will let you get the most out of PS5 and Xbox Series X consoles, as well as PC gaming. I found during testing that performance when playing was good on both the U6N at 60Hz and U7N at 120Hz, and both are sure to make gamers happy., Both TVs did a great job graphically as well. The U7N’s gaming features make it more future-proof than the U6N and its picture and performance are better overall. If you’re a gamer, the U7N is the better choice. The Hisense U6N and Hisense U7N are both excellent value for money. Both deliver a high-quality picture for less than you’ll find elsewhere, and they also come with a good list of gaming features. The 65-inch model of the U6N costs around $499 / £699 / AU$1,295 and prices for the 65-inch U7N are around $699 / £899 / AU$1,395 at the time of writing. To give some context, compared to the Omni QLED ($599 / £899), another budget TV, both Hisense models have similar or better features and better picture quality. Of the two, the Hisense U7N demonstrates the better value, thanks to its superior overall picture quality and features. While both the Hisense U6N and Hisense U7N are good TVs, the U7N comes out on top in nearly every category. It has a stronger picture with better contrast, detail, and color. It also supports high frame rates for gaming and has a good range of smart features. If you can’t stretch your budget, the Hisense U6N is still very good and delivers plenty of bang for your buck, but the U7N is the better TV and the better value of the two. One thing is for sure – both will feature among Black Friday TV deals.Ron Roberts Founder and CEO of Roberts Retirement Group, Interviewed on the Influential Entrepreneur Podcast Discussing Guaranteed Retirement Income Planning
CIBC Asset Management Inc bought a new position in shares of Taylor Morrison Home Co. ( NYSE:TMHC – Free Report ) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 3,129 shares of the construction company’s stock, valued at approximately $220,000. A number of other institutional investors have also recently modified their holdings of the business. Principal Financial Group Inc. grew its stake in shares of Taylor Morrison Home by 3.5% during the 3rd quarter. Principal Financial Group Inc. now owns 2,051,580 shares of the construction company’s stock worth $144,144,000 after purchasing an additional 69,222 shares during the period. Bank of New York Mellon Corp grew its position in Taylor Morrison Home by 0.4% during the second quarter. Bank of New York Mellon Corp now owns 1,066,470 shares of the construction company’s stock worth $59,125,000 after buying an additional 4,638 shares during the period. Assenagon Asset Management S.A. increased its holdings in Taylor Morrison Home by 271.0% in the third quarter. Assenagon Asset Management S.A. now owns 896,032 shares of the construction company’s stock valued at $62,955,000 after buying an additional 654,541 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Taylor Morrison Home by 7.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 846,270 shares of the construction company’s stock valued at $59,459,000 after buying an additional 60,021 shares in the last quarter. Finally, Wedge Capital Management L L P NC lifted its position in shares of Taylor Morrison Home by 1.5% during the 3rd quarter. Wedge Capital Management L L P NC now owns 738,830 shares of the construction company’s stock valued at $51,910,000 after acquiring an additional 10,911 shares during the period. 95.16% of the stock is currently owned by hedge funds and other institutional investors. Taylor Morrison Home Stock Up 2.3 % Shares of NYSE:TMHC opened at $71.07 on Friday. The company has a current ratio of 6.24, a quick ratio of 0.69 and a debt-to-equity ratio of 0.37. The firm has a market cap of $7.35 billion, a price-to-earnings ratio of 9.19 and a beta of 1.96. The stock’s 50-day moving average price is $69.40 and its two-hundred day moving average price is $63.50. Taylor Morrison Home Co. has a 12-month low of $44.32 and a 12-month high of $74.69. Analysts Set New Price Targets Several equities analysts recently weighed in on TMHC shares. Wedbush raised Taylor Morrison Home from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $65.00 to $85.00 in a research note on Friday, October 25th. BTIG Research increased their target price on Taylor Morrison Home from $78.00 to $86.00 and gave the company a “buy” rating in a report on Thursday, October 24th. StockNews.com raised Taylor Morrison Home from a “hold” rating to a “buy” rating in a report on Thursday, October 24th. Royal Bank of Canada increased their price objective on Taylor Morrison Home from $74.00 to $77.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Barclays boosted their target price on shares of Taylor Morrison Home from $72.00 to $75.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Taylor Morrison Home has an average rating of “Moderate Buy” and an average price target of $77.33. Read Our Latest Stock Analysis on Taylor Morrison Home Insider Activity In related news, EVP Darrell Sherman sold 26,757 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $70.00, for a total value of $1,872,990.00. Following the transaction, the executive vice president now owns 109,217 shares in the company, valued at approximately $7,645,190. This trade represents a 19.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, Director William H. Lyon sold 9,075 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $72.08, for a total transaction of $654,126.00. Following the sale, the director now owns 2,136,241 shares of the company’s stock, valued at approximately $153,980,251.28. This represents a 0.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 104,337 shares of company stock valued at $7,356,683 in the last ninety days. Company insiders own 3.50% of the company’s stock. Taylor Morrison Home Company Profile ( Free Report ) Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single and multi-family detached and attached homes; and develops lifestyle and master-planned communities. It develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name. Further Reading Want to see what other hedge funds are holding TMHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taylor Morrison Home Co. ( NYSE:TMHC – Free Report ). Receive News & Ratings for Taylor Morrison Home Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Morrison Home and related companies with MarketBeat.com's FREE daily email newsletter .The team at Goldman Sachs has been busy running the rule over some ASX 200 shares recently. Two that have received big thumbs up are listed below. Here's why they broker thinks they are buys: ( ) Goldman is a fan of this metal detector and communications-focused manufacturer and supplier of electronic solutions. It believes the ASX 200 share is a buy given the growth potential of both its Metal Detection and Communication segments. It explains: We consider Codan to be a high-quality electronics company with multiple levers available to grow both its Metal Detection and Communication segments with our Buy rating centered on: 1) Zetron benefiting from US$10-15bn in required USA government funding for NG911 with annual state expenditure accelerating; 2) Tactical Communications supported by a favourable military spending environment and general industry tailwinds; 3) Metal Detection benefiting from market share gains supported by expansion of distribution points and continued product development; and 4) Codan pursuing accretive bolt-on acquisitions, growing its product portfolio, customer base, and geographical reach in Communications. Goldman Sachs recently initiated coverage on Codan with a buy rating and $18.00 price target. ( ) Another ASX 200 share that gets a big thumbs up from analysts at Goldman Sachs is Pro Medicus. It is a leading health imaging company developing radiology information system (RIS) software and services for hospitals, diagnostic imaging groups, and other related healthcare providers. Goldman likes the company due to its industry-leading Visage platform, which has been winning some major contracts recently. The good news is that the broker believes there's plenty more to come. It said: Key reasons for our positive view: (1) We believe the adoption of Visage is a matter of when, not if, for many US healthcare institutions including academics, IDNs and smaller, independent clinics, with our Visage terminal market share expectations >30% amid increasing competition; (2) As a top 5 US IDN, we expect the Trinity contract to drive a network effect across this cohort which represent >40% of PME's core TAM; (3) We see a significant opportunity to expand customer spend, through existing products (i.e. Cardiology, AI) and new white space products (i.e. other 'ologies'). Amid an intensely competitive AI healthcare market, we believe PME stands out to succeed given its unique partnership with industry KOLs, launching four new solutions with academics at RSNA 2024; and (4) PME has a track record of delivering profitable growth with best in class margins, including >70% under the 'Rule of 40' which we believe is sustainable through the cycle. And while Goldman acknowledges that Pro Medicus shares are not cheap, the broker believes its premium valuation is justified due to its "significant long-term opportunity." The broker has a buy rating and $278.00 price target on the ASX 200 share.None
JPMorgan Chase & Co. lifted its position in shares of Healthpeak Properties, Inc. ( NYSE:DOC – Free Report ) by 23.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 21,561,640 shares of the real estate investment trust’s stock after buying an additional 4,056,931 shares during the period. JPMorgan Chase & Co.’s holdings in Healthpeak Properties were worth $493,115,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also modified their holdings of the company. Principal Financial Group Inc. purchased a new stake in Healthpeak Properties during the third quarter worth $18,736,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Healthpeak Properties during the 3rd quarter worth $745,000. Retirement Systems of Alabama purchased a new stake in shares of Healthpeak Properties in the 3rd quarter worth about $12,765,000. Franklin Resources Inc. acquired a new stake in Healthpeak Properties in the 3rd quarter valued at about $3,224,000. Finally, Tidal Investments LLC purchased a new position in Healthpeak Properties during the 3rd quarter valued at about $1,586,000. Institutional investors and hedge funds own 93.57% of the company’s stock. Analyst Upgrades and Downgrades Several analysts have issued reports on the stock. Wells Fargo & Company reduced their price target on shares of Healthpeak Properties from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 10th. Scotiabank increased their target price on Healthpeak Properties from $23.00 to $24.00 and gave the company a “sector outperform” rating in a report on Monday, September 9th. Robert W. Baird boosted their price target on Healthpeak Properties from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Evercore ISI increased their price objective on Healthpeak Properties from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Finally, StockNews.com downgraded shares of Healthpeak Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.62. Healthpeak Properties Price Performance Healthpeak Properties stock opened at $20.08 on Friday. Healthpeak Properties, Inc. has a 1 year low of $16.01 and a 1 year high of $23.26. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.31 and a current ratio of 1.31. The firm has a 50 day moving average price of $21.59 and a 200 day moving average price of $21.42. The company has a market cap of $14.04 billion, a price-to-earnings ratio of 42.72, a PEG ratio of 2.37 and a beta of 1.13. Healthpeak Properties ( NYSE:DOC – Get Free Report ) last announced its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.32). The company had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $682.51 million. Healthpeak Properties had a net margin of 12.10% and a return on equity of 3.53%. The firm’s quarterly revenue was up 25.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.45 earnings per share. Sell-side analysts predict that Healthpeak Properties, Inc. will post 1.8 earnings per share for the current year. Healthpeak Properties Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.98%. The ex-dividend date of this dividend was Monday, November 4th. Healthpeak Properties’s dividend payout ratio is currently 255.32%. About Healthpeak Properties ( Free Report ) Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery. See Also Want to see what other hedge funds are holding DOC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthpeak Properties, Inc. ( NYSE:DOC – Free Report ). Receive News & Ratings for Healthpeak Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthpeak Properties and related companies with MarketBeat.com's FREE daily email newsletter .Cam Akers delivers clutch performance in Vikings’ winThe Tirumala Tirupati Devasthanams has set its sights on resolving one of Tirumala's pressing challenges—decades-old legacy waste. Legacy waste means municipal solid waste piled up for years in landfills, dumpsites or on barren land. These comprise biodegradable waste, plastic, clothes, metals, glass etc. With over 60,000 metric tonnes of untreated waste and daily additions compounding the issue, TTD is currently adopting a multi-pronged strategy aimed at sustainable waste management. "Our focus is not just on clearing the legacy waste but also on building a system that ensures efficient and eco-friendly waste management in the future. We are committed to transforming waste into resources and minimising its environmental impact", TTD executive officer Syamala Rao told Deccan Chronicle. According to the EO, approximately 2.45 lakh metric tonnes of legacy waste has accumulated over the years. While 1.85 lakh metric tonnes has already been treated and disposed of, the remaining 60,000 metric tonnes present significant logistical and environmental hurdles. Additionally, the treatment process has yielded by-products, including 34,000 metric tonnes of treated soil, 15,000 metric tonnes of refuse-derived fuel (RDF), and 10,000 metric tonnes of stones, all requiring repurposing strategies. Daily waste generation further intensifies the issue, with 60-70 metric tonnes of dry and wet waste being produced. This calls for immediate and long-term measures, explained the EO. To overcome these, TTD is implementing a blend of technology and expertise. "We are engaging consultants to devise a comprehensive plan for efficient waste management. Within a week, tenders will be called to appoint experts to provide innovative solutions," the EO announced. The TTD has begun incorporating insights from a study conducted three months ago by the Indian Institute for Human Settlements (IIHS). Also, a consultant from the GVMC will assess Tirumala’s drainage and storm-water systems to suggest improvements, Rao said. A dedicated drainage division is in the works to address infrastructure challenges. "We are exploring advanced equipment and recycling systems to reduce dependency on freshwater resources. Separating underground drainage from storm-water systems is a priority to ensure efficient waste treatment," the EO explained. The TTD is also focusing on repurposing by-products from waste treatment to ensure sustainable utilisation. Treated soil is earmarked for landfilling, pending compliance with safety standards, while stones and RDF are being evaluated for innovative repurposing methods. TTD is also intensifying on-site treatment processes to address disposal challenges effectively. “This initiative is not just a clean-up drive but a transformative effort to create a greener and more sustainable Tirumala—one that future generations can take pride in”, emphasised Syamala Rao. - Tirumala is grappling with 60,000 metric tonnes of untreated legacy waste, out of a total of 2.45 lakh metric tonnes accumulated over the years. - While 1.85 lakh metric tonnes have been treated, the remaining waste poses logistical and environmental hurdles. - Around 60 to 70 metric tonnes of dry and wet waste are generated daily, adding to the crisis. - TTD is engaging consultants and leveraging technology to devise eco-friendly waste management solutions. - Within a week, tenders will be called to appoint experts for innovative waste management strategies. - Waste treatment has produced 34,000 metric tonnes of treated soil, 15,000 metric tonnes of refuse-derived fuel (RDF), and 10,000 metric tonnes of stones. - Efforts are on to repurpose these by-products sustainably. - A dedicated drainage division is planned to improve waste management infrastructure. - Advanced recycling systems are being explored to reduce reliance on freshwater resources.
BOSTON — Forty years ago, Heisman Trophy winner Doug Flutie rolled to his right and threw a pass that has become one of college football’s most iconic moments. With Boston College trailing defending champion Miami, Flutie threw the Hail Mary and found receiver Gerard Phalen, who made the grab while falling into the end zone behind a pair of defenders for a game-winning 48-yard TD. Flutie and many of his 1984 teammates were honored on the field during BC’s 41-21 victory over North Carolina before the second quarter on Saturday afternoon, the anniversary of the Eagles’ Miracle in Miami. “There’s no way its been 40 years,” Flutie told The Associated Press on the sideline a few minutes before he walked out with some of his former teammates to be recognized after a video of The Play was shown on the scoreboards. A statue commemorating Doug Flutie's famed "Hail Mary" pass during a game against Miami on Nov. 23, 1994, sits outside Alumni Stadium at Boston College. Famous football plays often attain a legendary status with religious names like the "Immaculate Reception," the "Hail Mary" pass and the Holy Roller fumble. It’s a moment and highlight that’s not only played throughout decades of BC students and fans, but around the college football world. “What is really so humbling is that the kids 40 years later are wearing 22 jerseys, still,” Flutie said of his old number. “That amazes me.” That game was played on national TV the Friday after Thanksgiving. The ironic thing is it was originally scheduled for earlier in the season before CBS paid Rutgers to move its game against Miami, thus setting up the BC-Miami post-holiday matchup. Boston College quarterback Doug Flutie rejoices in his brother Darren's arms after B.C. defeats Miami with a last second touchdown pass on Nov. 23, 1984, in Miami. “It shows you how random some things are, that the game was moved,” Flutie said. “The game got moved to the Friday after Thanksgiving, which was the most watched game of the year. We both end up being nationally ranked and up there. All those things lent to how big the game itself was, and made the pass and the catch that much more relevant and remembered because so many people were watching.” There’s a statue of Flutie winding up to make The Pass outside the north gates at Alumni Stadium. Fans and visitors can often be seen taking photos there. “In casual conversation, it comes up every day,” Flutie said, when asked how many times people bring it up. “It brings a smile to my face every time we talk about it.” A week after the game-ending Flutie pass, the Eagles beat Holy Cross and before he flew off to New York to accept the Heisman. They went on to win the 49th Cotton Bowl on New Year’s Day. Boston College quarterback Doug Flutie evades Miami defensive tackle Kevin Fagan during the first quarter of a game on Nov. 23, 1984, in Miami, Fla. “Forty years seem almost like incomprehensible,” said Phalen, also standing on the sideline a few minutes after the game started. “I always say to Doug: ‘Thank God for social media. It’s kept it alive for us.”’ Earlier this week, current BC coach Bill O’Brien, 55, was asked if he remembered where he was 40 years ago. “We were eating Thanksgiving leftovers in my family room,” he said. “My mom was saying a Rosary in the kitchen because she didn’t like Miami and wanted BC to win. My dad, my brother and I were watching the game. “It was unbelievable,” he said. “Everybody remembers where they were for the Hail Mary, Flutie pass.” Mike Tyson, left, slaps Jake Paul during a weigh-in ahead of their heavyweight bout, Thursday, Nov. 14, 2024, in Irving, Texas. (AP Photo/Julio Cortez) In this image taken with a slow shutter speed, Spain's tennis player Rafael Nadal serves during a training session at the Martin Carpena Sports Hall, in Malaga, southern Spain, on Friday, Nov. 15, 2024. (AP Photo/Manu Fernandez) Rasmus Højgaard of Denmark reacts after missing a shot on the 18th hole in the final round of World Tour Golf Championship in Dubai, United Arab Emirates, Sunday, Nov. 17, 2024. (AP Photo/Altaf Qadri) Taylor Fritz of the United States reacts during the final match of the ATP World Tour Finals against Italy's Jannik Sinner at the Inalpi Arena, in Turin, Italy, Sunday, Nov. 17, 2024. (AP Photo/Antonio Calanni) Dallas Cowboys wide receiver Jalen Tolbert (1) fails to pull in a pass against Atlanta Falcons cornerback Dee Alford (20) during the second half of an NFL football game, Sunday, Nov. 3, 2024, in Atlanta. (AP Photo/ Brynn Anderson) Green Bay Packers quarterback Jordan Love, top right, scores a touchdown during the second half of an NFL football game against the Chicago Bears in Chicago, Sunday, Nov. 17, 2024. (AP Photo/Nam Y. Huh) India's Tilak Varma jumps in the air as he celebrates after scoring a century during the third T20 International cricket match between South Africa and India, at Centurion Park in Centurion, South Africa, Wednesday, Nov. 13, 2024. (AP Photo/Themba Hadebe) Columbus Blue Jackets defenseman Zach Werenski warms up before facing the Seattle Kraken in an NHL hockey game Tuesday, Nov. 12, 2024, in Seattle. (AP Photo/Lindsey Wasson) Kansas State players run onto the field before an NCAA college football game against Arizona State Saturday, Nov. 16, 2024, in Manhattan, Kan. (AP Photo/Charlie Riedel) A fan rapped in an Uruguay flag arrives to the stands for a qualifying soccer match against Colombia for the FIFA World Cup 2026 in Montevideo, Uruguay, Friday, Nov. 15, 2024. (AP Photo/Matilde Campodonico) People practice folding a giant United States flag before an NFL football game between the Buffalo Bills and the Kansas City Chiefs, Sunday, Nov. 17, 2024, in Orchard Park, N.Y. (AP Photo/Julia Demaree Nikhinson) Brazil's Marquinhos attempts to stop the sprinklers that were turned on during a FIFA World Cup 2026 qualifying soccer match against Venezuela at Monumental stadium in Maturin, Venezuela, Thursday, Nov. 14, 2024. (AP Photo/Ariana Cubillos) Georgia's Georges Mikautadze celebrates after scoring his side's first goal during the UEFA Nations League, group B1 soccer match between Georgia and Ukraine at the AdjaraBet Arena in Batumi, Georgia, Saturday, Nov. 16, 2024. (AP Photo/Tamuna Kulumbegashvili) Dallas Stars center Mavrik Bourque, right, attempts to score while Minnesota Wild right wing Ryan Hartman (38) and Wild goaltender Filip Gustavsson (32) keep the puck out of the net during the second period of an NHL hockey game, Saturday, Nov. 16, 2024, in St. Paul, Minn. (AP Photo/Ellen Schmidt) Mike Tyson, left, fights Jake Paul during their heavyweight boxing match, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez) Cincinnati Bengals tight end Mike Gesicki (88) celebrates after scoring a touchdown against the Las Vegas Raiders during the second half of an NFL football game in Cincinnati, Sunday, Nov. 3, 2024. (AP Photo/Carolyn Kaster) Fans argue in stands during the UEFA Nations League soccer match between France and Israel at the Stade de France stadium in Saint-Denis, outside Paris, Thursday Nov. 14, 2024. (AP Photo/Thibault Camus) Slovakia's Rebecca Sramkova hits a return against Danielle Collins, of the United States, during a tennis match at the Billie Jean King Cup Finals at the Martin Carpena Sports Hall, Thursday, Nov. 14, 2024, in Malaga, southern Spain. (AP Photo/Manu Fernandez) St. John's guard RJ Luis Jr. (12) falls after driving to the basket during the second half of an NCAA college basketball game against New Mexico, Sunday, Nov. 17, 2024, in New York. (AP Photo/Pamela Smith) England's Anthony Gordon celebrates after scoring his side's second goal during the UEFA Nations League soccer match between England and the Republic of Ireland at Wembley stadium in London, Sunday, Nov. 17, 2024. (AP Photo/Kin Cheung) Katie Taylor, left, lands a right to Amanda Serrano during their undisputed super lightweight title bout, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez) Las Vegas Raiders wide receiver DJ Turner, right, tackles Miami Dolphins wide receiver Malik Washington, left, on a punt return during the second half of an NFL football game, Sunday, Nov. 17, 2024, in Miami Gardens, Fla. (AP Photo/Lynne Sladky) A fan takes a picture of the moon prior to a qualifying soccer match for the FIFA World Cup 2026 between Uruguay and Colombia in Montevideo, Uruguay, Friday, Nov. 15, 2024. (AP Photo/Santiago Mazzarovich) Italy goalkeeper Guglielmo Vicario misses the third goal during the Nations League soccer match between Italy and France, at the San Siro stadium in Milan, Italy, Sunday, Nov. 17, 2024. (AP Photo/Luca Bruno) President-elect Donald Trump attends UFC 309 at Madison Square Garden, Saturday, Nov. 16, 2024, in New York. (AP Photo/Evan Vucci) UConn's Paige Bueckers (5) battles North Carolina's Laila Hull, right, for a loose ball during the second half of an NCAA college basketball game in Greensboro, N.C., Friday, Nov. 15, 2024. (AP Photo/Ben McKeown) Get local news delivered to your inbox!Republican Sen. Kevin Cramer said that ’s nomination to head the Justice Department fizzled because it would have cost too much “political capital” for to try to push his confirmation through the Senate. In a lengthy , the North Dakotan was candid about the president-elect’s most controversial picks for his upcoming administration. Cramer lauded Gaetz’s decision this past Thursday to pull his name from contention, amid a slew of sexual misconduct allegations, which has paved the way for Trump a markedly more conventional nominee: former Florida Attorney General Pam Bondi. “I would say whatever the circumstances are, this is one of the more positive things Matt Gaetz has done in a while,” Cramer told Politico. “I think in terms of his patriotism, in terms of his honor, in terms of his respect for the institutions, good for him to recognize that early on and prevent further wasting of the resources.” Cramer explained that Trump had told him as recently as Tuesday that he still hoped to push Gaetz’s nomination through, but that, in the end, the cost of doing so was apparently too great. “I’ve been everywhere just saying that the hill is very, very steep and the capital that you’d have to spend to succeed, much less probably not succeed, with the confirmation would be probably more than it would be worth,” he said. “I think that’s how he gamed it out. And good for him for not spending a lot more capital.” Cramer added that “political capital is our currency”—and that it’s “what you gather by doing things for people, with your partners, with your colleagues.” The risk for Trump, according to Cramer, was that he would have had to start heavily leveraging his capital for Gaetz to have a shot as attorney general. Even so, it still would have been a longshot. “Donald Trump would have had to spend a lot,” Cramer said. “If he was going to get Matt Gaetz across the finish line, he’d have to start transacting with some pretty strong skeptics. And it may very well be that there were not enough that were even persuadable.” Of another eyebrow raising Trump cabinet pick, prospective Secretary of Defense Pete Hegseth, Cramer explained that he is a fan of the former Fox News host who . “I think Pete, as a face of the military, as a warrior, as sort of a blue-collar, talented television personality, I think he gives hope to those people that say, there’s somebody at the top that actually understands my role in this military as opposed to just the general’s role,” Cramer said. The senator admitted, though, that he thought Hegseth should drop his controversial stance that women should from combat roles in the U.S. military. “I think the landing position on it is simply the position that the requirement for combat readiness has to be the same for women as it is for men,” Cramer said. “And there are a lot of women who have met that standard that a lot of men could not. In which case, why would you not allow women in combat?”
FinTech Negligence Fuels Fraud Among Unbanked, Middle-Class Nigerians – EFCCSean "Diddy" Combs remains in custody while a judge reviews his $50-million bail bid after a 10-week detention. The decision following a federal court hearing is eagerly anticipated. In cinematic news, 'Wicked' and 'Gladiator II' have captivated audiences, gathering $25.7 million in early screenings, a notable achievement since 'Barbenheimer.' Meanwhile, Chinese films have won prestigious awards in Taiwan, and Italy is anxious over Sheri Taliani's arrest in Egypt. Netflix's stock surges post Tyson-Paul bout, while Disney's 'Moana 2' premiere highlights Pacific Islander culture. (With inputs from agencies.)Bell Capital Cup debuts sledge hockey division for children with disabilities
NoneIn a season of raised expectations due to the arrivals of Dylan Harper and Ace Bailey, Rutgers is experiencing some underwhelming moments. Off to a mediocre start through 12 games, Rutgers faces a tough test in its final nonconference game Monday night when it hosts Columbia in Piscataway, N.J. Rutgers (7-5) is hoping to avoid a second straight loss to an Ivy League opponent, and the Lions (11-1) are off to a better start than Princeton (9-4), which beat the Scarlet Knights on Dec. 21 in Newark, N.J. Four of the Scarlet Knights' losses are by five points or fewer, including a two-point loss to Kennesaw State and the 83-82 defeat to Princeton when it gave up a last-second basket along with 19 offensive rebounds and 23 second-chance points. It was the sixth time Rutgers allowed at least 80 points this season and it is 2-4 in those games. "I thought we played hard and did some good things out there, but a lot of second shots and just gotta be one possession better," Rutgers coach Steve Pikiell said. "We scored plenty of points to win." Harper scored 22 points and has scored at least 20 in four straight games and 10 of 12. Bailey collected 15 points and 12 rebounds but has shot less than 50 percent in five of his past eight games after making 6 of 16 shots vs. Princeton. Columbia has lost the past 10 meetings and is seeking its second win over a power-conference opponent. The Lions earned a 90-80 win at Villanova on Nov. 6 and are on a three-game winning streak since a 15-point loss to Albany on Dec. 4. Columbia is averaging 83.3 points so far and scored at least 80 for the ninth time when it shot a season-beat 57.7 percent (30 of 52) in Saturday's 85-72 win over Fairfield. The Lions are led by Geronimo Rubio De La Rosa, whose 19.6 scoring average is third in the Ivy League. Rubio De La Rosa is also shooting 53.7 percent and is second in the Ivy League at 46.4 percent from 3-point range. Rubio De La Rosa has scored at least 20 points seven times, including a 27-point outing against Fairfield when he shot 8-of-15 after a scoreless opening half. Rubio De La Rosa also scored 22 in Columbia's win over Villanova. "With the break we had we just need to get into it, I wasn't surprised we were so slow in the first half," Columbia coach Jim Engles said. "Now we got to play top-five draft picks, so that's bad scheduling." --Field Level Media
Hope Adebayo, Tak Tateoka help St. Thomas-Minnesota end season with 32-9 victory over DaytonTULSA, Okla. (AP) — Tulsa fired football coach Kevin Wilson on Sunday and will elevate wide receivers coach Ryan Switzer on an interim basis for the remainder of the season. The Golden Hurricane lost to South Florida 63-30 on Saturday, dropping their record to 3-8. The school's decision concludes Wilson's two-year tenure with a 7-16 record, including 3-12 in American Athletic Conference play. “With the rapidly evolving landscape of college athletics, we know the importance of positioning our football program and athletic department to thrive and excel in the upcoming years,” athletic director Justin Moore said in a statement. “Our standard will be to play in bowl games every season, compete for conference titles, and build a program that everyone connected to the Golden Hurricane will be proud of." Wilson spent six years as Indiana’s head coach, going 26-47 from 2011 to 2016. He then joined Urban Meyer’s staff at Ohio State and stayed on under Meyer’s successor, Ryan Day, before taking over at Tulsa. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
New Delhi, Nov 24 (PTI) Prime Minister Narendra Modi will inaugurate the ICA Global Cooperative Conference 2024 and launch the UN International Year of Cooperatives 2025 at the Bharat Mandapam here on Monday. The ICA Global Cooperative Conference and the ICA General Assembly are being organised in India for the first time in the 130-year-long history of the International Cooperative Alliance (ICA), the premier body for the global cooperative movement. The global conference, hosted by the Indian Farmers Fertiliser Cooperative Limited (IFFCO), in collaboration with the ICA, the Government of India and Indian cooperatives AMUL and KRIBHCO, will be held from November 25 to November 30. Modi will inaugurate the ICA Global Cooperative Conference 2024 and launch the UN International Year of Cooperatives 2025 at the Bharat Mandapam at around 3 pm on Monday. The theme of the conference -- "Cooperatives Build Prosperity for All" -- aligns with the government's vision of "Sahkar Se Samriddhi" (prosperity through cooperation), according to a statement issued by the Prime Minister's Office (PMO). The event will feature discussions, panel sessions and workshops, addressing the challenges and opportunities faced by cooperatives worldwide in achieving the United Nations Sustainable Development Goals (SDGs), particularly in areas such as poverty alleviation, gender equality and sustainable economic growth. The prime minister will also launch the UN International Year of Cooperatives 2025, which will focus on the theme, "Cooperatives Build a Better World", underscoring the transformative role cooperatives play in promoting social inclusion, economic empowerment and sustainable development. The UN SDGs recognise cooperatives as crucial drivers of sustainable development, particularly in reducing inequality, promoting decent work and alleviating poverty, the statement said. The year 2025 will be a global initiative aimed at showcasing the power of cooperative enterprises in addressing the world's most pressing challenges, it said. Modi will also launch a commemorative postal stamp, symbolising India's commitment to the cooperative movement. The stamp showcases a lotus, symbolising peace, strength, resilience and growth, reflecting the cooperative values of sustainability and community development. The five petals of the lotus represent the five elements of nature ("Panchatatva"), highlighting cooperatives' commitment to environmental, social and economic sustainability. The design also incorporates sectors like agriculture, dairy, fisheries, consumer cooperatives and housing, with a drone symbolising the role of modern technology in agriculture. Prime Minister of Bhutan Dasho Tshering Tobgay, Deputy Prime Minister of Fiji Manoa Kamikamica and around 3,000 delegates from more than 100 countries will also be present, the statement said. (This story has not been edited by THE WEEK and is auto-generated from PTI)
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