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Stoli vodka files for bankruptcy in the United StatesStock market today: Wall Street hits records despite tariff talk
Nintendo Switch 2 case could be a true teaser of the new handheld's design and dimensions
Target of the Beirut strike: Hezbollah's acting Chief of Staff
None1 2 Nagpur: Nine years of separation and despair came to an emotional end on Christmas as Kaushalya, a 75-year-old missing since 2015, was reunited with her family in Jeruka village, Madhya Pradesh, on Wednesday. Overwhelmed with joy, her son Ramgopal rushed forward, lifted his mother in arms and carried her home amidst outpouring emotions and cheers from villagers. "I never thought I'd see her again. We believed she was gone forever. This is nothing short of a miracle. I am beyond happy that we've finally found her. When she came home that day, it felt like a dream. She's healthy and doing well, and that's all we could have hoped for," said Ramgopal with tears in his eyes. Kaushalya's ordeal began in 2015, when she left home in search of her son, who had walked away after a family dispute. While the son returned shortly after, Kaushalya did not, leaving the family to grieve her presumed death. She was rescued from the streets of Nagpur in 2016 and admitted to a charity home here. Her mental health condition, combined with partial blindness, age-related deafness, and diabetes, left her vulnerable and unable to communicate her whereabouts. Transferred to Shraddhawan in November this year for specialised care and rehabilitation, Kaushalya's story began to emerge during repeated counselling sessions. With support from the Psychiatric Society, Nagpur, and Baba Amte's Maharogi Sewa Samiti, Shraddhawan worked to stabilise her health and uncover her identity. "Kaushalya had fragmented memories of her family and village. It took almost a month of patient counselling and medical care to piece together her story," said Dr Swarali Kondwilkar, the psychiatrist in charge at Shraddhawan. While talking to TOI, Kondwilkar said, "For the past eight years, she was in a shelter home, but they couldn't identify the cause of her condition without professional assistance. Although she did not suffer from any mental illness, her cognitive impairment due to old age put her at risk of developing dementia if her diabetes, blood pressure, and other age-related issues weren't properly managed." Declared fit for discharge on December 24, Kaushalya embarked on a 600km journey to her home the next day, accompanied by senior nurse Chetana Naitamkar and social worker Pinky Jena. Upon reaching Jeruka, the villagers immediately recognised Kaushalya and called her family. Her son arrived in minutes, lifting her out of the vehicle and carrying her home as the entire family wept with joy. Shraddhawan, inaugurated in April 2024, shelters and rehabilitates mentally ill destitutes, providing medical and psychiatric care until they can be reunited with their families. With regular visits from psychiatrists and a dedicated team of caregivers, the centre has reunited over 100 individuals in just eight months. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , Location Guesser and Mini Crossword .
Rams can take huge step toward NFC West title by avenging 31-point loss to CardinalsStock market today: Wall Street hits records despite tariff talk
NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market. Following allegations of misconduct and the resignation of its public auditor , the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board. It also said that it doesn’t expect to restate its past financials and that it will find a new chief financial officer, appoint a general counsel and make other moves to strengthen its governance. Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 3.2% for Meta Platforms were the two strongest forces pushing upward on the S&P 500. Intel was another propellant during the morning, but it lost an early gain to fall 0.5% after the chip company said CEO Pat Gelsinger has retired and stepped down from the board. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. Stellantis, meanwhile, skidded following the announcement of its CEO’s departure . Carlos Tavares steps down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales and an inventory backlog at dealerships. The world’s fourth-largest automaker’s stock fell 6.3% in Milan. The majority of stocks in the S&P 500 likewise fell, including California utility PG&E. It dropped 5% after saying it would sell $2.4 billion of stock and preferred shares to raise cash. Retailers were mixed amid what’s expected to be the best Cyber Monday on record and coming off Black Friday . Target, which recently gave a forecast for the holiday season that left investors discouraged , fell 1.2%. Walmart , which gave a more optimistic forecast, rose 0.2%. Amazon, which looks to benefit from online sales from Cyber Monday, climbed 1.4%. All told, the S&P 500 added 14.77 points to 6,047.15. The Dow fell 128.65 to 44,782.00, and the Nasdaq composite climbed 185.78 to 19,403.95. The stock market largely took Donald Trump’s latest threat on tariffs in stride. The president-elect on Saturday threatened 100% tariffs against a group of developing economies if they act to undermine the U.S. dollar. Trump said he wants the group, headlined by Brazil, Russia, India and China, to promise it won’t create a new currency or otherwise try to undercut the U.S. dollar. The dollar has long been the currency of choice for global trade. Speculation has also been around a long time that other currencies could knock it off its mantle, but no contender has come close. The U.S. dollar’s value rose Monday against several other currencies, but one of its strongest moves likely had less to do with the tariff threats. The euro fell amid a political battle in Paris over the French government’s budget . The euro sank 0.7% against the U.S. dollar and broke below $1.05. In the bond market, Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury climbed above 4.23% during the morning before falling back to 4.19%. That was just above its level of 4.18% late Friday. A report in the morning showed the U.S. manufacturing sector contracted again last month, but not by as much as economists expected. This upcoming week will bring several big updates on the job market, including the October job openings report, weekly unemployment benefits data and the all-important November jobs report. They could steer the next moves for Federal Reserve, which recently began pulling interest rates lower to give support to the economy. Economists expect Friday’s headliner report to show U.S. employers accelerated their hiring in November, coming off October’s lackluster growth that was hampered by damaging hurricanes and strikes. “We now find ourselves in the middle of this Goldilocks zone, where economic health supports earnings growth while remaining weak enough to justify potential Fed rate cuts,” according to Mark Hackett, chief of investment research at Nationwide. In financial markets abroad, Chinese stocks led gains worldwide as monthly surveys showed improving conditions for manufacturing, partly driven by a surge in orders ahead of Trump’s inauguration next month. Both official and private sector surveys of factory managers showed strong new orders and export orders, possibly partly linked to efforts by importers in the U.S. to beat potential tariff hikes by Trump once he takes office. Indexes rose 0.7% in Hong Kong and 1.1% in Shanghai. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
Tensions escalate in Pakistan as highways are closed and services suspended in response to a planned protest by the Pakistan Tehreek-e-Insaf (PTI) party. Led by former Prime Minister Imran Khan's party, the demonstration is set to continue despite warnings from authorities. The PTI is demanding the release of incarcerated leaders and addressing alleged election grievances. Authorities are on high alert, with a warning issued for a potential terrorist threat as militants have reportedly entered the country from Afghanistan. In preparation for the protest, key infrastructure and government areas have been heavily secured. Despite these measures, the PTI remains determined to proceed with its protest and sit-in, increasing tensions with the government. (With inputs from agencies.)
Monaco climb to top spot in EuroLeague after beating Anadolu Efes 94-75While Uttar Pradesh Chief Minister Yogi Adityanath attributed the BJP’s victory in 7 out of 9 assembly by-polls to the voters’ faith in Prime Minister Narendra Modi, Samajwadi Party President Akhilesh Yadav termed it a result of the BJP’s misuse of power. CM Yogi once again raised the slogan ‘Batoge to Katoge’ and asked the people to stay united. Addressing a press conference at the BJP state headquarters here on Saturday, alongside state president Bhupendra Chaudhary and Deputy Chief Ministers Keshav Maurya and Brijesh Pathak, CM Yogi Adityanath claimed that the credit for winning seven out of nine seats goes to PM Modi. Advertisement “People have unwavering faith in the Prime Minister, and this victory is proof of it. We express our gratitude to the people. This marks the beginning of the end of the politics of loot and lies by SP and INDI alliance,” he said. CM Yogi said Kundarki exemplifies the public’s response to the SP’s baseless claims about the UP by-elections since the day of voting. “The SP wanted to cancel the elections in Sisamau, where they managed to win by only 8,000 votes. In Karhal, they secured victory by only 14,000 votes,” he taunted. The CM reiterated that if we divide we will be divided, if we remain united we will be safe. The people of the country have accepted this. On Kundarki, he said that the victory symbolises nationalism and cultural roots, with gotra embedded in everyone’s mind. Earlier, CM Yogi posted on his social media account ‘X’, stating that the BJP-NDA’s victory in the Uttar Pradesh assembly by-elections reflects the public’s unwavering faith in the leadership and guidance of Prime Minister Narendra Modi. This victory signifies the success of the double-engine government’s security, good governance and public welfare policies, along with the tireless efforts of dedicated workers. In his post, the Chief Minister expressed gratitude to the voters of UP, thanking them for supporting good governance and the state’s development. He extended hearty congratulations to all the winning candidates. Reiterating his message, he warned, “If we divide, we will be divided and if we remain united, we will remain safe.” Meanwhile, Samajwadi Party President Akhilesh Yadav remarked that the tactics of those who have made ‘election’ synonymous with ‘corruption’ have been captured in photographs and exposed to the world during these by-polls. “The people of the country witnessed the most distorted form of electoral politics in this by-election. There may be a time for untruth, but not an era,” he commented. Akhilesh Yadav alleged that the BJP displayed a naked misuse of power during the by-elections. “The democratic rights granted to the people by the Constitution have been snatched away. BJP has crushed the Constitution and democracy, tarnishing them through its disgraceful misuse of power. It shows no regard for local issues and openly abuses its authority out of arrogance. By suppressing the democratic rights of the people to secure power, the BJP has committed an unpardonable crime,” the SP president said in a statement. Advertisement
In a dynamic and rapidly evolving environment, leadership transcends traditional paradigms. It requires adaptability, foresight and a deep understanding of the unique challenges and opportunities shaping our country’s socioeconomic landscape. As the Philippines navigates the crossroads of technological innovation, environmental sustainability, workforce transformation and geopolitical shifts, leaders must guide their organizations and communities toward a resilient and prosperous future. The Philippines has emerged as one of the most dynamic economies in East Asia and the Pacific. With a growth rate of 6 percent in the first half of this year, it is among the top performers in the region. Rapid technological advancements, reshaping industries and creating new growth pathways underpin this robust economic performance. The integration of artificial intelligence, blockchain and digital platforms has revolutionized sectors, such as finance, health care, education, transport and logistics, offering unprecedented opportunities for innovation and efficiency. However, the swift pace of technological change also presents challenges, particularly in terms of workforce readiness and digital infrastructure sufficiency. Leaders must invest in upskilling initiatives to enable employees to survive and thrive in a digital economy. Moreover, fostering a culture of continuous learning and adaptability is essential to navigate the complexities of technological transformation. The Philippines is acutely vulnerable to the impacts of climate change. Frequent typhoons, rising sea levels and environmental degradation pose significant threats to communities and economic stability. Recognizing this, the government and the private sector must increasingly prioritize sustainability initiatives to mitigate environmental risks and promote resilience. Leaders are now tasked with integrating sustainable practices into their organizational strategies, aligning business objectives with environmental stewardship. Such action involves adopting renewable energy sources, implementing eco-friendly supply chain practices, and engaging in corporate social responsibility programs that address environmental concerns. By championing sustainability, leaders contribute to preserving natural resources and enhancing their organizations’ reputations and long-term viability. The Philippine workforce is undergoing a significant transformation, driven by its youthful demographics. With 28 percent of the population aged 10 to 24, our country enjoys a considerable labor market advantage. This demographic profile offers both opportunities and challenges, compelling leaders to unlock the potential of a young and rapidly evolving workforce. The rise of remote work, the gig economy and the integration of multigenerational teams necessitate reevaluating traditional management approaches. Leaders must cultivate inclusive environments that value diverse perspectives and foster collaboration across generational divides. Adopting flexible work arrangements, promoting work-life balance and investing in employee well-being are critical strategies for recruiting and keeping top talents. The Philippines’ strategic location in Southeast Asia is at the center of complex geopolitical dynamics, particularly concerning territorial disputes in the South China Sea. The government’s efforts to balance relations with major powers, including the United States and China, require astute leadership to navigate diplomatic intricacies while safeguarding our national interests. Economic uncertainties, such as global trade tensions and fluctuating commodity prices, further underscore the need for resilient and adaptable leadership. Leaders must develop robust risk management frameworks, diversify markets and foster innovation to mitigate external shocks and sustain economic growth. The pressures of modern work, exacerbated by the COVID-19 pandemic, have brought mental health and well-being to the forefront of organizational priorities. Leaders in the Philippines are increasingly recognizing the importance of creating supportive work environments that prioritize employee well-being. Implementing mental health programs, providing access to counseling services and promoting a culture of openness and support are essential steps in addressing this critical issue. By prioritizing mental health, leaders enhance employee satisfaction and productivity and contribute to their organizations’ overall resilience and sustainability. To address these multifaceted challenges effectively, Philippine leaders are adopting new approaches that emphasize agility, inclusivity and purpose-driven strategies. Agile leadership: In an environment marked by rapid change, agile leadership enables organizations to adapt swiftly to emerging trends and challenges. This approach involves iterative decision-making, encouraging a continuous improvement culture and giving teams the freedom to innovate. Inclusive leadership: Embracing diversity and fostering inclusivity are vital for driving innovation and organizational success. Leaders must actively seek diverse perspectives, promote equitable opportunities and create environments where all employees feel valued and empowered. Stakeholder capitalism: Beyond shareholder-centric models, stakeholder capitalism considers the needs and interests of all stakeholders, including employees, customers, communities and the environment. This holistic approach aligns business success with societal well-being. Servant leadership: By prioritizing the needs of others and focusing on the growth and well-being of employees and communities, servant leaders build trust and foster a sense of purpose within their organizations. In the contemporary Philippine context, success is redefined to encompass financial performance, social impact, environmental sustainability and human development. Purpose-driven leadership: Organizations with a clear mission that aligns with societal values are better positioned to inspire loyalty and drive long-term success. Purpose-driven leaders articulate a vision that resonates with employees and stakeholders, fostering a shared commitment to meaningful goals. Sustainable growth: True success entails achieving economic growth that is environmentally sustainable and socially inclusive. Leaders must balance short-term gains with long-term objectives, ensuring that their organizations contribute positively to society and the planet. Employee engagement and well-being: Leaders must recognize that employees are the organization’s backbone and must invest in their development, well-being and engagement. They must also provide growth opportunities, promote work-life balance and establish an inclusive and encouraging work environment. Reputation and trust: In an era of transparency and accountability, an organization’s reputation is critical. Leaders must uphold ethical standards, demonstrate integrity and build stakeholder trust to sustain long-term success. As the Philippines continues to navigate the complexities of the modern era, leaders across sectors are called upon to embrace transformative approaches that align with the nation’s unique challenges and opportunities. By fostering innovation, championing sustainability, prioritizing employee well-being and navigating geopolitical dynamics with strategic insight, leaders can drive progress that benefits their organizations and society. The journey ahead requires a commitment to continuous learning, adaptability and a steadfast dedication to creating value that transcends traditional metrics of success. By leading with purpose, empathy and integrity, Philippine leaders have the opportunity to shape a future that is resilient, inclusive and prosperous for all. INQ Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . The author is former president of the Management Association of the Philippines and former secretary of the Department of Trade and Industry. Feedback at [email protected] and [email protected] .
