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2025-01-13
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New Delhi [India], November 30 (ANI): The central government’s capital expenditure is expected to surge by an impressive 25 per cent year-on-year (YoY) in the second half of the financial year 2025, according to a report by Jefferies The report also noted that the overall expenditure of the government is also expected to surge by 15 per cent. It highlights that despite an increase in populist schemes in the run-up to elections, the central government remains committed to investing in infrastructure development over welfare-driven measures. The report underlined that while populist policies have gained traction, especially in state elections, the central government’s spending priorities show a balanced approach. It said “Jefferies’ India office expects total central government expenditure to rise by around 15% YoY in 2HFY25 ending 31 March 2025 with capex rising by over 25 per cent YoY.. Still the rise of such populist policies should be seen in the context of a central government which is still spending more on capex than welfare”. The report noted that the growing success of handout schemes in state elections, such as Maharashtra’s welfare programme costing Rs 460 billion annually (1.1 per cent of the state’s GDP), does raise concerns about a potential wave of populism. The report analysis showed that 14 out of 28 Indian states already have similar schemes, covering approximately 120 million households and costing a combined 0.7-0.8 per cent of India’s GDP. However, the central government’s focus remains on creating long-term economic assets through infrastructure development, which is vital for sustained growth. In the financial markets, the report suggested a reasonable chance that the Indian stock market is stabilizing after a recent correction, particularly in the mid-cap segment. It said “Meanwhile, there is a reasonable possibility that the Indian stock market is bottoming out after a correction which has been primarily in the more expensive mid-cap stocks” While foreign investors sold more than USD 12.5 billion worth of Indian equities in the last two months, a significant amount by historical standards–domestic investors have absorbed the outflows. Notably, October saw record inflows into equity mutual funds, even as the stock market was undergoing a correction. The report emphasized that the strong domestic inflows are a reassuring factor for India’s markets. The combined effects of government capex spending and robust local investment suggest a stable outlook, even amid concerns over rising populist measures at the state level. (ANI) This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );

ANN ARBOR, Mich. — Michigan's defense of the national championship has fallen woefully short. The Wolverines started the season ranked No. 9 in the AP Top 25, making them the third college football team since 1991 to be ranked worse than seventh in the preseason poll after winning a national title. Michigan (6-5, 4-4 Big Ten) failed to meet those modest expectations, barely becoming eligible to play in a bowl and putting the program in danger of losing six or seven games for the first time since the Brady Hoke era ended a decade ago. The Wolverines potentially can ease some of the pain with a win against rival and second-ranked Ohio State (10-1, 7-1, No. 2 CFP) on Saturday in the Horseshoe, but that would be a stunning upset. Ohio State is a 21 1/2-point favorite, according to the BetMGM Sportsbook, and that marks just the third time this century that there has been a spread of at least 20 1/2 points in what is known as "The Game." People are also reading... Michigan coach Sherrone Moore doesn't sound like someone who is motivating players with an underdog mentality. "I don't think none of that matters in this game," Moore said Monday. "It doesn't matter the records. It doesn't matter anything. The spread, that doesn't matter." How did Michigan end up with a relative mess of a season on the field, coming off its first national title since 1997? Winning it all with a coach and star player contemplating being in the NFL for the 2024 season seemed to have unintended consequences for the current squad. The Wolverines closed the College Football Playoff with a win over Washington on Jan. 8; several days later quarterback J.J. McCarthy announced he was skipping his senior season; and it took more than another week for Jim Harbaugh to bolt to coach the Los Angeles Chargers. In the meantime, most quality quarterbacks wanting to transfer had already enrolled at other schools and Moore was left with lackluster options. Davis Warren beat out Alex Orji to be the team's quarterback for the opener and later lost the job to Orji only to get it back again. No matter who was under center, however, would've likely struggled this year behind an offensive line that sent six players to the NFL. The Wolverines lost one of their top players on defense, safety Rod Moore, to a season-ending injury last spring and another one, preseason All-America cornerback Will Johnson, hasn't played in more than a month because of an injury. The Buckeyes are not planning to show any mercy after losing three straight in the series. "We're going to attack them," Ohio State defensive end Jack Sawyer said. "We know they're going to come in here swinging, too, and they've still got a good team even though the record doesn't indicate it. This game, it never matters what the records are." While a win would not suddenly make the Wolverines' season a success, it could help Moore build some momentum a week after top-rated freshman quarterback Bryce Underwood flipped his commitment from LSU to Michigan. "You come to Michigan to beat Ohio," said defensive back Quinten Johnson, intentionally leaving the word State out when referring to the rival. "That's one of the pillars of the Michigan football program. "It doesn't necessarily change the fact of where we are in the season, but it definitely is one of the defining moments of your career here at Michigan." AP Sports Writer Mitch Stacy in Columbus, Ohio, contributed to this report. Get local news delivered to your inbox!Planned Parenthood is reporting a post-election surge of interest in Minnesota and neighboring states among women seeking long-acting birth control and men seeking vasectomies. Concerns about potential threats to access under President-elect Donald Trump’s administration has prompted some young adults to take action before he takes office in January, said Ruth Richardson, chief executive of Planned Parenthood North Central States. The St. Paul-based provider of reproductive health services has filled all appointments through January for men seeking a vasectomy. “People want to ensure they can get access to these things while they know that they can,” Richardson said. The response is based on uncertainty as much as facts. Trump was noncommittal during his campaign on reproductive health topics, hinting that he might let states continue to set their own abortion policies rather than pursue a federal ban or limit. He suggested at one point that he might pursue a federal policy limiting access to birth control, before pledging later on the same day on social media to “never advocate imposing restrictions on birth control.” Calls to Planned Parenthood for appointments regarding long-acting birth control such as intrauterine devices (IUDs) nonetheless jumped 150% in Minnesota and the rest of the region after the Nov. 5 election. Google similarly reported a surge Nov. 6 in online searches for “birth control” and “is birth control going to be banned,” particularly in historically conservative states such as Indiana, Mississippi and West Virginia. Richardson wasn’t surprised. Calls to Planned Parenthood for long-acting birth control reached peak levels in early 2017 after Trump began his first term as president. They gradually declined during the pandemic until a new surge in July 2022, when the Supreme Court overturned the Roe v. Wade decision that had preserved abortion access nationwide. Reactions to the election results also weren’t surprising given the high amount of stress among voters. Seven in 10 Americans cited the election in one recent survey as a significant source of stress in their lives. “The landscape that we have right now is ever-shifting in terms of what people have access to” for birth control, said Richardson, noting that changes are just as likely to come from court rulings as they are from Congress or the president. No candidate discussed limiting access to vasectomies. About one in 10 U.S. men seek these common sterility procedures, most of them younger men who don’t want to be a parent or married middle-age men who don’t want more children. Michigan researchers documented a surge in vasectomy consults and procedures after the overturn of Roe v. Wade in 2022, more so among men who were single or had no children. Planned Parenthood isn’t alone in seeing patients taking action when they think political changes could threaten access. Allina Health midwife Kathrine Simon said her clinic in the past has received more requests from women for new or extended forms of long-acting birth control after significant court rulings or changes in federal or state leadership. Allina did not provide information for this report on appointments or requests after the most recent election. Get local news delivered to your inbox!

LEXINGTON, Ky. — Kentucky Gov. Andy Beshear will speak next month at one of the world’s biggest economic and political conferences. Held in Davos, Switzerland, the World Economic Forum has routinely drawn some of the world’s most powerful figures and decision-makers. Next year’s conference takes place Jan. 20-24, and Beshear’s office announced Friday that the Kentucky governor will speak there to “address economic success” in the state and more. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

Welltower Inc. stock underperforms Monday when compared to competitorsThe former Morrison Hotel, made famous by The Doors and their 1970 album of the same name, has been significantly damaged by a fire that erupted in downtown Los Angeles. or signup to continue reading The four-storey building, which has been vacant more than a decade, burned for nearly two hours before more than 100 firefighters brought the flames under control, according to the Los Angeles Fire Department. The Morrison Hotel was featured on the cover of The Doors' fifth album. Celebrated music photographer Henry Diltz captured the image in 1969 and said years later that it took a little trickery to pull it off. A hotel clerk told the band they weren't allowed to take photos inside, but when the clerk stepped away, the group ran into the lobby and Diltz quickly got the photo looking through the window, with legendary frontman Jim Morrison in the middle. "It was a great old wooden building with many small rooms upstairs where transients and drinkers could sleep it off on a cot for $US2.50 a night!" Diltz told The Associated Press. "I think the beautiful front window with Morrison Hotel in red letters was the best part of it! So did The Doors!" The album was viewed as a comeback to their roots for The Doors, coming on the heels of Morrison's on-stage arrest at a Miami concert that saw him convicted of indecent exposure and profanity. Morrison and The Doors would release one final album, L.A. Woman, before he was found dead in a Paris bathtub on July 3, 1971. Los Angeles firefighters who first arrived at the blaze on Thursday found heavy flames on the building's top floor. Several people who were in the building escaped without injuries, including three people rescued by firefighters from the third floor, according to the department. The building's roof collapsed, leaving its structural integrity in doubt, the department said. The building in recent years had been used as a training site for firefighters. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement Advertisement

Jacob Bethell will bat at No 3 on his England Test debut against New Zealand - just days after being picked up in the IPL auction for £250,000 - as Ollie Pope moves down the order Jacob Bethell will bat at No 3 on his England Test debut against New Zealand The 21-year-old made his ODI and T20 debuts just two months ago in September By LAWRENCE BOOTH Published: 22:40 GMT, 25 November 2024 | Updated: 22:40 GMT, 25 November 2024 e-mail View comments Jacob Bethell will bat at No 3 on his Test debut in Christchurch on Wednesday night after England were forced to rejig their plans following Jordan Cox’s broken thumb. The move means Ollie Pope – who will take the gloves for the first time in two years – will drop down three places to No 6, while captain Ben Stokes comes in at No 7. The 21-year-old Bethell has never batted at No 3 in his 20 first-class games for Warwickshire, which have produced a modest 738 runs at an average of 25. And he has batted at No 4 only twice. He will also be the first specialist batter to play Test cricket for England without a first-class hundred under his belt since Mike Gatting in 1978. The news completes a heady couple of days for Bethell, after he was picked up in the IPL auction by Royal Challengers Bangalore for just under £250,000. And it means he will have made his international debut in all three formats in less than three months, after breaking into the white-ball sides against Australia in September. For Pope, who last kept wicket in a Test at Multan in December 2022, the rejig spares him further scrutiny at No 3, where he has reached 30 only once in his last 12 Test innings. Jacob Bethell will bat at No 3 on his Test debut in Christchurch on Wednesday night Bethell made his T20 debut on September 11 this year and his ODI debut just eight days later Stokes, meanwhile, could be liberated by his move to No 7, after struggling for runs on his return to the Test side from injury in Pakistan. He will be one of four seamers in the side, along with Chris Woakes, Gus Atkinson and Brydon Carse, with Shoaib Bashir the lone frontline spinner on a Hagley Oval surface that looked green 48 hours out from the start of the three-match series. England for first Test v New Zealand 1⁠ ⁠Zak Crawley, 2 ⁠Ben Duckett, 3.⁠ Jacob Bethell, 4⁠ ⁠Joe Root, 5⁠ ⁠Harry Brook, 6⁠ ⁠Ollie Pope (wkt), 7⁠ ⁠Ben Stokes (capt), 8⁠ ⁠Chris Woakes, 9⁠ ⁠Gus Atkinson, 10⁠ ⁠Brydon Carse, 11⁠ ⁠Shoaib Bashir. New Zealand Ben Stokes Share or comment on this article: Jacob Bethell will bat at No 3 on his England Test debut against New Zealand - just days after being picked up in the IPL auction for £250,000 - as Ollie Pope moves down the order e-mail Add commentMumbai: A first information report (FIR) would be registered on a complaint regarding the sale of 16 shops belonging to a Worli housing society without the collector's nod and payment of transfer charges, the state recently told the Bombay high court. On Dec 13, a bench of Justices Revati Mohite-Dere and Shivkumar Dige heard a petition by Rajendra Desai, an advocate and resident of Worli Sagar Cooperative Housing Society on Pochkhanawala Road, which is the address of many politicians. His petition said 23,000 sq m of land was allotted for housing MPs and MLAs to Worli Sagar CHS. Six buildings were constructed. His petition referred to 16 shops in Bhima and Vaitarna buildings that were owned by Enkay Technologies Pvt Ltd. They were allegedly purchased over five years ago by Prowess Financial Services Pvt Ltd owned by the society's then chairman Satish Chaturvedi. Desai's petition said that after he learnt about the purchase, he wrote to the society's secretary, but was not given information about the transaction. In Aug 2023, he wrote to the joint commissioner of police (crime) and senior inspector (SI) at Worli police station. Two months later, he met the local deputy commissioner of police to no avail. In Aug 2024, Desai finally moved HC. His petition said the transaction was done without following rules and a notification which govern the sale and purchase of commercial properties on state-owned lands leased by the collector. Residential premises and shops cannot be sold and transferred without the collector's permission and payment of transfer charges. Also, "a cognisable offence is made out for grabbing public property and cheating the exchequer of lakhs of rupees", the petition claimed. On Nov 14, after hearing advocates Kuldeep Patil and Akshay Pawar for Desai, the judges directed the SI to remain present. On Dec 13, the prosecutor, on taking instructions from the SI, said an FIR will be "registered latest by tomorrow (Dec 14)". The judges accepted the statement, disposed of the petition and directed Worli police "to conduct the investigation impartially...and take the same to its logical end". Mumbai: A first information report (FIR) would be registered on a complaint regarding the sale of 16 shops belonging to a Worli housing society without the collector's nod and payment of transfer charges, the state recently told the Bombay high court. On Dec 13, a bench of Justices Revati Mohite-Dere and Shivkumar Dige heard a petition by Rajendra Desai, an advocate and resident of Worli Sagar Cooperative Housing Society on Pochkhanawala Road, which is the address of many politicians. His petition said 23,000 sq m of land was allotted for housing MPs and MLAs to Worli Sagar CHS. Six buildings were constructed. His petition referred to 16 shops in Bhima and Vaitarna buildings that were owned by Enkay Technologies Pvt Ltd. They were allegedly purchased over five years ago by Prowess Financial Services Pvt Ltd owned by the society's then chairman Satish Chaturvedi. Desai's petition said that after he learnt about the purchase, he wrote to the society's secretary, but was not given information about the transaction. In Aug 2023, he wrote to the joint commissioner of police (crime) and senior inspector (SI) at Worli police station. Two months later, he met the local deputy commissioner of police to no avail. In Aug 2024, Desai finally moved HC. His petition said the transaction was done without following rules and a notification which govern the sale and purchase of commercial properties on state-owned lands leased by the collector. Residential premises and shops cannot be sold and transferred without the collector's permission and payment of transfer charges. Also, "a cognisable offence is made out for grabbing public property and cheating the exchequer of lakhs of rupees", the petition claimed. On Nov 14, after hearing advocates Kuldeep Patil and Akshay Pawar for Desai, the judges directed the SI to remain present. On Dec 13, the prosecutor, on taking instructions from the SI, said an FIR will be "registered latest by tomorrow (Dec 14)". The judges accepted the statement, disposed of the petition and directed Worli police "to conduct the investigation impartially...and take the same to its logical end". Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , Location Guesser and Mini Crossword .

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