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Defender, BMW Z4 seized: ED raids 'face of fantasy cricket' Anurag Dwivedi
Sports

Defender, BMW Z4 seized: ED raids 'face of fantasy cricket' Anurag Dwivedi

Enforcement Directorate conducted fresh searches on social media influencer Anurag Dwivedi's properties in a money laundering probe linked to illegal online betting. Authorities seized luxury vehicles and froze assets worth ₹3 crore. Dwivedi, reportedly in Dubai, is accused of promoting betting platforms and using hawala channels for illicit funds, including real estate investments abroad.

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10 months ago
What lies beneath Yellowstone in Wyoming is far more complex than a supervolcano
Science

What lies beneath Yellowstone in Wyoming is far more complex than a supervolcano

Yellowstone's volcanic past reveals a dynamic system of repeated caldera-forming eruptions and smaller lava flows, with magma reservoirs assembling and erupting on geologically brief timescales. Beneath the surface, a crystal-rich mush stores melt, capable of rapid renewal. This ancient activity also records Earth's magnetic history, offering crucial global chronological data.

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10 months ago
Mahindra XUV 7XO Launched: Check Prices
Technology

Mahindra XUV 7XO Launched: Check Prices

Mahindra has launched the new XUV 7XO with a starting price of Rs 13.6 lakh. The new XUV 7XO is a heavily facelifted version of the XUV700 while getting a new name as well.  What's New In The Mahindra XUV 7XO? The new XUV 7XO is defined by its new look front end with a different bumper design as well new headlamps.  There are new alloy wheels and the rear styling has also been sharpened along with smart door handles.  The size of the XUV 7XO remains the same.  All New Interiors The bigger changes are on the inside with a new look which is clearly inspired by the XEV 9s and the XEV 9e. The dashboard is all new and there is a new two spoke steering as well.  The same EV like design is seen here with a large touchscreen and minimal physical controls.  There is a new upholstery being used along with a two tone look.  Feature Enhancements The feature list of the XUV 7XO is enhanced with a 540 degree camera view, a third passenger screen, ADAS level 2, panoramic sunroof, powered Boss mode, rear wireless charging plus front, dual zone climate control, 7 airbags, frameless auto dimming IRVM, ventilated front and rear seats, 16 speaker audio system with Dolby Atmos and Vision and more.  The 12.3 inch screens are spread throughout the cabin with a triple screen layout.  Soft touch materials are also added to the cabin for a premium look.  The powertrains include a 2.0l turbo petrol which develops 200bhp and 380Nm while there is a 2.2l diesel too which develops 185bhp and 450Nm.  The diesel continues to get AWD as well while the gearbox options include a 6 speed manual gearbox and a 6 speed torque converter automatic gearbox. 

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10 months ago
OTD: When 15-year-old Pranav Dhanawade stunned cricket with 1,009 runs
Sports

OTD: When 15-year-old Pranav Dhanawade stunned cricket with 1,009 runs

Ten years ago, 15-year-old Pranav Dhanawade etched his name in cricket history with an unbeaten 1009 in a Mumbai school match, shattering a 117-year-old record. This extraordinary feat, achieved over two days with 129 fours and 59 sixes, captivated the cricketing world, despite the humble setting. The innings highlighted immense stamina and a relentless pursuit of runs.

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10 months ago
Why Bank Earnings Are Looking Better In Q3 FY26 Despite Margin Pressure
Business

Why Bank Earnings Are Looking Better In Q3 FY26 Despite Margin Pressure

Indian banks are likely to report broadly stable net interest margins in the third quarter of FY26, while overall profitability is expected to improve year‑on‑year, a report said on Monday. The report from Systematix Institutional Equities said that profitability will improve due to sustained sequential advances growth, higher fee income and lower credit costs. The brokerage forecasted growth momentum in advances to sustain, arising from lower interest rates, benefits due to GST rate reduction and higher tax limits. Further, it predicted net interest margins to see a dip in Q4 but improve from there on as cost of deposits is expected to trend lower with reprising of existing book and normalisation of unsecured segment slippages, resulting in lower credit cost. "Although the yield on advances (YOA) continues to decline, the positive impact from prior term deposits’ (TD) rate reductions is expected to become evident this quarter onwards. Further, advantages from Cash Reserve Ratio (CRR) reductions, should help maintain steady margins," it said. Banking system advances expanded 4.5 per cent quarter‑on‑quarter and 11.7 per cent year YoY as of December 12, 2025, according to the RBI data. The report said that the fee income is expected to rise with improvement in advances growth while trading gains may decline as benchmark 10 year 'G-Sec yields' improves. Most banks have reduced rates on both savings accounts and term deposits earlier in the cycle to protect their margins. While the savings account rate cuts had an immediate impact on the cost of funds, the benefits from term deposit rate reduction due to the lagged repricing of existing fixed-rate deposits are expected to become more visible from this quarter onward, the report noted. Another recent report noted that asset quality is expected to be steady for most banks, except some surge in seasonal agri slippages, the brokerage said, adding, Q3 will likely be characterized by steady recovery trends, which will help cushion credit cost impact. On January 2, Bank Nifty surged to a fresh all-time high of 60,152.35, driven by continued strength in the banking pack. (This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

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10 months ago
Shirtless Tourists Dance On Snowbound Himachal Road, Video Sparks Outrage Online
Trending

Shirtless Tourists Dance On Snowbound Himachal Road, Video Sparks Outrage Online

A video from Himachal Pradesh’s snowbound district has triggered widespread criticism on social media after a group of tourists was seen dancing on a roadside amid sub-zero temperatures. Now it is crystal clear why foreign tourists avoid famous places in India and move to quiet side areas. Disrespectful behaviour has pushed locals to the edge and ended the warmth they were once known for. There is no excuse or justification for this. pic.twitter.com/oYwL17gLSv — Nikhil saini (@iNikhilsaini) January 1, 2026 The clip, which has gone viral, shows five to six young men celebrating on a snow-covered road as loud music plays in the background, with their car parked nearby. Shirtless Dancing, Alcohol Seen in Extreme Cold In the video, at least three men appear shirtless despite the freezing weather. Others are seen holding liquor bottles and hookahs. Thick snow covers the surrounding mountains and roadway, underscoring the extreme conditions in which the revelry took place. Social Media User Flags ‘Disrespectful Behaviour’ The video was shared on X by user Nikhil Saini, who strongly criticised the tourists’ conduct. “Now it is crystal clear why foreign tourists avoid famous places in India and move to quiet side areas. Disrespectful behaviour has pushed locals to the edge and ended the warmth they were once known for. There is no excuse or justification for this,” Saini wrote while sharing the clip. Calls for Stricter Action to Protect Tourism The video has since drawn hundreds of reactions, with many users urging stricter enforcement against public nuisance in environmentally sensitive tourist areas. “State government and police should set some good precedent in the best interest of tourism. Such display is enough to scares tourists those really contribute to tourism industry in real sense by staying in good hotels,etc,” one user commented. State government and police should set some good precedent in the best interest of tourism. Such display is enough to scares tourists those really contribute to tourism industry in real sense by staying in good hotels,etc. — Ajay Chauhan (@AjayChauhanLP) January 2, 2026 Another wrote, “Not just foreign tourists but well heeled family tourists as well. Alcohol consumption and the selling of the same should be banned completely in eco sensitive places.” Concerns Over Civic Sense and Public Behaviour Several users linked the incident to broader concerns over civic behaviour and its impact on tourism. “Zero civic sense. They are showing their great culture. With this kind of behaviour we may require inter state permits to travel in future,” a third user said. “This act of coming to streets and dancing wirh shirts off should be stopped…They want country to be like china but don’t want to change their habbits. Civic sense should be a subject in schools cz ese toh aane se rha logo ko smagh,” another wrote. One more user added, “Exactly, I talked with many foreigners and they are all comfortable going south of India, they don't even want to visit the North part of india not sure why, may be pollution or this kind of population. We are suffering from the Civic sense.”

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10 months ago
India’s 2025 Equity Run Marks Weakest Showing In Asia In Nearly 30 Years
Business

India’s 2025 Equity Run Marks Weakest Showing In Asia In Nearly 30 Years

India's equity market recorded its worst relative performance in an Asian context since 1995 in 2025, weighing heavily on regional portfolios with high India exposure, according to the latest GREED & fear report by global brokerage Jefferies. The Jefferies Asia ex-Japan long-only portfolio, which historically maintained a significant overweight position in India, underperformed its benchmark last year primarily due to weak Indian equity returns. Indian stocks in the portfolio declined by an average 2.4 per cent in US dollar terms in 2025, even as Chinese stocks in the same portfolio rose by an average 23 per cent. "The portfolio's Indian stocks declined by an average of 2.4% in US dollar terms last year, while the portfolio's Chinese stocks rose by an average of 23%," noted the report. The report noted that India accounted for 36 per cent of the Asia ex-Japan portfolio at the end of 2025, down from a peak exposure of 50 per cent in February 2024. Despite this reduction, India remained the single largest contributor to relative underperformance during the year. Jefferies highlighted that the underperformance was notable given India's long-standing leadership within Asia over the past decade. The brokerage described 2025 as a clear break from that trend, marking India's weakest relative showing versus regional peers in nearly three decades. The India-focused long-only equity portfolio launched by Jefferies in July 2021 also lagged its benchmark. The portfolio rose marginally by 0.2 per cent in US dollar terms in the most recent quarter but underperformed the MSCI India Index, which gained 4.8 per cent over the same period. For the full year, the portfolio declined 2.7 per cent, compared with a 4.3 per cent rise in the benchmark. However, Jefferies emphasised that India remains a long-term outperformer. Since inception, the India long-only portfolio has delivered an 81.9 per cent total return in US dollar terms, significantly ahead of the MSCI India Index's 48.7 per cent gain and the Nifty's 45.7 per cent rise. The report added that India's weaker performance contrasted with stronger outcomes in other emerging markets and China in particular, underscoring a rotation in regional leadership rather than a structural deterioration in India's long-term equity story. (This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

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10 months ago
US-Venezuela Shock: Why Oil, Gold, And Silver Prices Are Staying Calm
Business

US-Venezuela Shock: Why Oil, Gold, And Silver Prices Are Staying Calm

The ongoing crisis involving Venezuela is unlikely to have a significant impact on global prices of gold, silver and crude oil, as the country has already been under sanctions for several years and plays a limited role in formal global supply chains, experts said while reacting to the recent US-Venezuela developments. Ajay Bagga, banking and market expert, told ANI that Venezuela's economic relevance to the global system has reduced sharply over the past decade due to prolonged sanctions. He said, "Infact, Venezuela's GDP has fallen from USD 350 bn in 2012 to USD 80 bn in 2025 as a result of sanctions. In a USD 116 trillion world economy, this is not a material number at all. On Oil, despite its huge reserves, the oil infrastructure has deteriorated, and only Chevron is operating some oil fields apart from the state-owned oil producer. As such, even a total loss of the 950k barrels per day of Venezuelan production is not material in a 103 million b.d. global supply chain". Even if Venezuela were to completely lose its current production of about 950,000 barrels per day, Bagga said the impact would be negligible in a global oil market that produces around 103 million barrels per day. Commenting on precious metals, Bagga said the recent movement in gold and silver prices is more linked to safe-haven buying rather than Venezuela-specific factors. He added that similar safe-haven demand is also visible in the US dollar, which has strengthened. He said, "Regarding gold and silver, the reaction is more a safe haven buying as is happening for the US dollar, which is up today. As such, Venezuela itself is not a large-scale determinant of the rise of gold and silver today, the fundamental issues of last year are at play". Energy policy expert Narendra Taneja also told ANI that Venezuela is not likely to cause any immediate disruption to global oil prices. He noted that most refineries around the world are not designed to process Venezuelan crude, which is heavy oil. He said, "I don't really see any immediate impact on the price of oil. Because Venezuela may have the larger reserves of oil, but they are a very small player in terms of supplying oil to the global system. They produce hardly 9 lakh barrels of oil per day. Bulk of that is exported and goes to China. America is now moving in, American companies moving in. Chances are that probably Venezuela will start producing 3 million barrels of oil every day within next one year, which means that oil will start flowing into the global supply system, which is not a bad news". Overall, experts believe the Venezuela crisis is unlikely to create major shocks for oil or precious metals markets in the near term. In a major military operation over the weekend of January 3-4, 2026, the United States captured Venezuelan President Nicolas Maduro and his wife, Cilia Flores, after a large-scale strike in Caracas. This action followed after months of escalating tension between US and Venezuela. President Donald Trump said on Saturday that no nation in the world could achieve what America has achieved. Trump, who addressed a press conference from Palm Beach, Florida, said the United States will run the country "until such time as we can do a safe, proper, and judicious transition".  (This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

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10 months ago