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In March 2024, The Music Academy, Madras announced T.M. Krishna as the recipient of the prestigious Sangita Kalanidhi award , which is given annually to outstanding musicians. But over the past seven to eight months, there has been an ongoing wave of criticism and backlash directed at Mr. Krishna, posing a challenge to the freedom of expression. Beyond his profession as a musician, Mr. Krishna actively voices his views on social issues such as politics, caste, language, and the role of music, in his speeches and writing. His views have sparked anger among dominant groups, who lack the openness and the tolerance to engage in meaningful dialogue on these topics. They seek to suppress his freedom of expression, employing various tactics to silence his anti-hegemonic perspectives and remove him from the public sphere. The recipient of the Sangita Kalanidhi award also receives the M.S. Subbulakshmi Award instituted by The Hindu . Mr. Krishna had previously written an in-depth article on M.S. Subbulakshmi, MS Understood , which has since drawn criticism, with some accusing him of defaming her, leading to questions about how he could be awarded the honour named after her. M.S. Subbulakshmi’s grandson, Shrinivasan, took the matter to court, stating that the person who insulted his grandmother should not be given an award in her name. The Madras High Court has now delivered its judgement . Related Stories Stalin backs T.M. Krishna’s selection for Sangita Kalanidhi award 2024 A dissonant chord in the world of Carnatic music Sangita Kalanidhi to T.M. Krishna | The Music Academy replies to vocalist duo Ranjani-Gayathri after they withdraw scheduled performance An insightful article The article written by Mr. Krishna is a rare and insightful study of a musician. One approach in literary criticism is to explore the relationship between a writer’s life and their work, and Mr. Krishna applies this brilliantly to music. There is no doubt about M.S. Subbulakshmi’s remarkable personality, but the article delves into whether she was able to fully express it through her music. Her songs serve as the primary evidence. By continuously listening to her songs, the article seeks to uncover whether the artistic excellence in her music was a result of her creative freedom or a compulsion to conform, and seeks reasons in her life for this dynamic. The article divides M.S. Subbulakshmi’s life into three phases, describing how she sang during each period, the kinds of songs she chose, and the reasons behind these choices — all conveyed with a blend of logic and beauty. It also explores various opinions within the inner world of Carnatic music, presenting them as oral evidence. As a singer himself, Mr. Krishna has been able to gather these perspectives, examine them, trace the reasons behind their emergence, and offer his own insights. The family of M.S. Subbulakshmi may take issue with the passages in the article that address her caste and her husband, but there is no transgression in them. Mr. Krishna presents his thoughts in a cultured language. In our society, while religion can be changed, caste remains unalterable. How can the Devadasi background, in which M.S. was born and raised, be concealed? It is a widely acknowledged fact in the public sphere that she was under the influence of her husband, who played a significant role in determining the composition of her concerts. This article is a profound commentary on M.S. Subbulakshmi, a widely admired public figure. Listening to her songs with the understanding offered by this article allows for a deeper experience of her music. Beyond general interest, one can explore the variety of songs she performed. “Some people feel that this article insults her memory. In fact, I have celebrated her in the best possible way,” says Mr. Krishna in the preface to the Tamil translation. Those who have read it carefully can understand it better. The Madras High Court verdict The Madras High Court did not address whether Mr. Krishna insulted M.S. Subbulakshmi in its verdict. It raised no objections to the conferment of the ‘Sangita Kalanidhi’ award by the Music Academy on Mr. Krishna. Instead, the High Court focused on the Sangita Kalanidhi M.S. Subbulakshmi Award, which is presented by The Hindu to the recipient of the Sangita Kalanidhi award and includes a prize of ₹1 lakh. In her will, M.S. Subbulakshmi has stated that she did not want any award to be given in her name. Based on this, the judgment ruled that to respect her wishes, a cash prize could be awarded without using her name. The award presented by The Hindu is titled the ‘Sangita Kalanidhi M.S. Subbulakshmi Award.’ However, the Tamil media, which confused the ‘Sangita Kalanidhi’ award given by the Music Academy with the ‘Sangita Kalanidhi M.S. Subbulakshmi Award’ presented by The Hindu to the awardee, misreported the verdict. The media mistakenly understood that the Sangita Kalanidhi award is given in M.S. Subbulakshmi’s name. Tamil newspapers, television channels, and social media have wrongly reported that there is a ban on conferring the Sangita Kalanidhi Award in her name. There have also been reports claiming that the High Court has stayed the conferment of the Sangita Kalanidhi award on Mr. Krishna. When the High Court took up the case, it was reported with the same confusion. Some English media outlets also misunderstood the situation. The judgment was not clearly understood due to a lack of basic knowledge about the background of the award. This raises questions about the credibility of the news published by the media. The verdict stated that The Hindu should not use the name of M.S. Subbulakshmi. This raises a few questions. In previous years, the winners of the Sangita Kalanidhi Award were presented with the award in M.S.’s name. What will happen to those instances? The High Court did not provide a judgment on that matter, possibly choosing not to interfere in such past decisions. In the future, when The Hindu awards the ₹1 lakh prize to the recipient of the Sangita Kalanidhi Award, M.S. Subbulakshmi’s name cannot be used. This means that either the name of the award must be changed or it will need to be presented under a different name. Another question arises. Awards are given in the name of M.S. Subbulakshmi not only by The Hindu but also by other organisations. For example, the ‘Eyal Isai Nataka Manram’ of the Government of Tamil Nadu presents the ‘M.S. Subbulakshmi Award’ every year. Singer S. Janaki received the award for 2016 and Vani Jayaram won it in 2020 . Will the High Court ruling apply to such awards as well? The judgment lists several issues named after her but does not address these awards. If someone were to challenge these awards in court, citing the judgment, it could result in them being halted. A wish fulfilled As in the verdict, Mr. Krishna is not affected. He can still receive the Sangita Kalanidhi award. And the cash prize offered by The Hindu can also be awarded. However, M.S. Subbulakshmi’s name can no longer be used for any award. In her will, M.S. Subbulakshmi stated: “After my death, no trust or memorial should be erected in my name. No funds should be raised or given in my name.” If M.S. Subbulakshmi’s wish is to be respected, her name should be removed from all awards and recognitions, in line with this judgment. In the context of conferring the Sangita Kalanidhi on Mr. Krishna this year, and the subsequent court battle, it can be said that her wish has been fulfilled. Mr. Krishna, who celebrated MS through his article, has now honoured her wish. Until now, it was not publicly known that she had written such a thing in her will. The information in the will, written over 25 years ago, has now come to light, reinforcing a dimension of her personality wherein she refrains from placing herself at the forefront. T.M. Krishna has paved the way for this. Both deserve to be celebrated. Perumal Murugan is a writer Published - November 25, 2024 12:16 am IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit Music Personalities / award and prize / music / Carnatic Classical / politics / Caste / language / judiciary (system of justice) / media / Chennai
LA Auto Show offers a look at classics and EV advancements all in one placeBank of America Announces Full Redemption of Its Series MM Preferred Stock and Related Depositary SharesStock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.1%. Gains by retailers and health care stocks helped temper the losses. Trading volume was lighter than usual as U.S. markets reopened following the Christmas holiday. The Labor Department reported that U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Treasury yields fell in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks wavered on Wall Street in afternoon trading Thursday, as gains in tech companies and retailers helped temper losses elsewhere in the market. The S&P 500 was up less than 0.1% after drifting between small gains and losses. The benchmark index is coming off a three-day winning streak. The Dow Jones Industrial Average was up 10 points, or less than 0.1%, as of 3:20 p.m. Eastern time. The Nasdaq composite was up 0.1%. Trading volume was lighter than usual as U.S. markets reopened after the Christmas holiday. Chip company Broadcom rose 2.5%, Micron Technology was up 1.3% and Adobe gained 0.8%. While tech stocks overall were in the green, some heavyweights were a drag on the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.1%. Meta Platforms fell 0.5%, Amazon was down 0.4%, and Netflix gave up 0.7%. Tesla was among the biggest decliners in the S&P 500, down 1.4%. Health care stocks helped lift the market. CVS Health rose 1.4% and Walgreens Boots Alliance rose 3.9% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3.1%, Ross Stores added 1.8%, Best Buy was up 2.5% and Dollar Tree gained 3.6%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. U.S.-listed shares in Honda and Nissan rose 4.2% and 15.9%, respectively. The Japanese automakers announced earlier this week that the two companies are in talks to combine. Traders got a labor market update. U.S. applications for unemployment benefits held steady last week , though continuing claims rose to the highest level in three years, the Labor Department reported. Treasury yields turned mostly lower in the bond market. The yield on the 10-year Treasury fell to 4.58% from 4.59% late Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar. Still, U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the U.S. market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up roughly 26% so far this year and remains near its most recent all-time high it set earlier this month — its latest of 57 record highs this year. Wall Street has several economic reports to look forward to next week, including updates on pending home sales and home prices, a report on U.S. construction spending and snapshots of manufacturing activity. ___ AP Business Writers Elaine Kurtenbach and Matt Ott contributed. Alex Veiga, The Associated Press
Stock indexes closed mixed on Thursday in their first trading session after Christmas, disrupting a so-called Santa Claus rally. The Dow Jones Industrial Average gained around 29 points to close 0.1% higher, while the S&P 500 fell slightly to close nearly flat. The Nasdaq also fell slightly, down 0.1%. The indexes' mixed results come after two days of wins, the latter of which falls in the period. The period is historically marked by big gains in the last five trading days of the year into the first two of January, with the S&P 500 gaining an average of 1.3% over the rally. This year's Santa Claus rally saw a strong start on , with a nearly 400-point gain for the Dow and a 1.1% gain for the S&P 500, marking the benchmark index's best Christmas Eve performance since 1974. Traders have hoped the rally will help the market close out this year's strong performance on a high note, setting up for a third year of big gains. "When investors are on the 'nice' list, and Santa delivers a positive Santa Claus Rally return, the S&P 500 has generated an average January and forward annual return of 1.4% and 10.4%, respectively," LPL Financial's Adam Turnquist said in a Tuesday note. Turnquist added that when stocks have traded lower during the period, both measures trend lower, with the S&P 500 typically trading near flat in January and seeing a forward annual return of 5%. The latest jobs data, meanwhile, showed enduring unemployment is on the rise, with continuing claims surging to 1.91 million, marking their highest level in over three years. Initial jobless claims came in at 219,000 for last week, below consensus estimates of 225,000. Read the original article onClimate change poses a serious threat to global food security. Rising mean temperatures and more frequent and severe extreme weather events could push hundreds of millions of additional people into hunger or leave them suffering undernutrition if the international community does not immediately implement effective corrective measures. Future food security risks are often cited to underpin the need for concerted climate action. But a food security crisis is already unfolding due to rising global temperatures. Last year was the hottest year since global temperature records began, and 2024 has reportedly been hotter. Heat waves, droughts, tropical cyclones, floods and landslides are just a few of the phenomena that many parts of the world are more frequently facing today. These extreme weather events claim lives and harm human health in various ways. They also destroy critical infrastructure and human livelihoods. The impact of extreme weather events on agriculture has been especially devastating because agriculture is heavily dependent on weather conditions. Climate change is already reducing crop yields, especially in tropical and subtropical regions, with the African continent suffering the most. Recent studies show that the average crop yield in some African countries today is 40 percent lower than what it would have been without climate change. In parts of Asia and Latin America, the average crop yield is 20-30 percent lower, and the situation could get worse. Productivity in the livestock and aquaculture sectors, too, has reduced. Climate change has also made pest control increasingly difficult in the agricultural sector, as insects, viruses, fungi, and other pathogens are evolving and spreading to new areas. Rising sea levels are also contributing to the increasing loss of fertile farmlands. Agricultural production losses mean a shortage of sufficient food in some areas. Shortage leads to rising food prices, making nutritious food less affordable. Many poor people in Africa and Asia are smallholder farmers or agricultural labourers, which means loss of jobs and incomes due to crop failures. Food security is not only about calories. Rising food prices and shrinking incomes prompt poor people to eat less nutritious food and shift to cheaper staples to satiate their hunger. As a result, some people may get enough calories but still suffer from a deficiency of micronutrients such as vitamins and minerals. Even temporary micronutrient deficiency can seriously affect people, especially children. To make things worse, many crops contain lower levels of micronutrients due to rising global temperatures. Progress in the fight against hunger has stagnated since 2015, and the number of undernourished people in Africa has increased in recent years. To prevent the food insecurity problem from worsening, actions should be taken in five areas on a priority basis. First, the world has to take bolder climate action. Every effort to curb global warming is crucial for reducing the likelihood and frequency of catastrophic weather events. Hence, all sectors, including agriculture, that contribute in no small measure to climate change should take immediate measures to reduce their greenhouse gas emissions. Second, food systems need to be made more climate-resilient by further diversifying crops and cultivating harder crops and animal breeds with the help of new genomic breeding technologies. To achieve this, advanced technologies should also be made accessible to smallholder farmers in Africa. Third, the functioning of food markets needs to be improved, and measures should be taken to better connect poor households to the markets. Since some regions of the world are more vulnerable to climate change, efficient international exchange is key to preventing food scarcity at the local level. Policies that impede trade need to be abandoned to ensure efficient international exchange. Fourth, poor people in many rural areas of Africa and Asia depend primarily on agriculture for their livelihoods. In case of crop failures, these households lose their source of income. So, new channels for generating employment in non-agricultural rural sectors should be explored to reduce poverty and help people adapt to climate change. Fifth, there is also a need to strengthen the social safety nets in low – and middle-income countries. Extreme weather events and related shocks are becoming more frequent, hurting poor people the most, so safety nets need to be strengthened to stabilise the dietary intakes of the most vulnerable sections of society. In other words, more investment is needed to enable rapid action in these five areas, while low – and middle-income countries should take measures on a priority basis to make food systems more resilient. Not to mention that high-income countries are obligated to shoulder their international responsibility to help low – and middle-income countries deal with the climate challenge. With strong global cooperation, a world without hunger remains a realistic goal to achieve. The author is a professor of Agricultural Economics and executive director of the Center for Development Research at the University of Bonn, Germany.
Newtopia Reports Third Quarter 2024 Financial ResultsThe Madhya Pradesh High Court has stayed the annual general meeting (AGM) of Religare Enterprises until further notice following a writ petition filed by an investor. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping In a stock exchange filing, the New Delhi-based financial company said it had received an email from the lawyers of the writ petitioner filed before the court in Jabalpur. Religare's annual general meeting to get the shareholders' nod for three resolutions including the reappointment of chairperson Rashmi Saluja was scheduled for December 31. The order dated December 18 said, "Till further orders, the notice dated 09.12.2024 and the Annual General Body Meeting of Respondent No. 7 (REL), which is scheduled to be held on 31.12.2024, shall remain stayed." The petition by the investor alleged that if the AGM took place as scheduled, it would enable the acquirers (the Burmans) to exploit their dominant shareholding and change Religare's management. 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Last week, the Securities and Exchange Board of India (Sebi) approved the Burman family's proposed open offer to acquire an additional 26% stake in Religare. Earlier this month, the Reserve Bank of India (RBI) also gave its approval to the offer by the promoter family of Dabur . "It is verily believed they would ensure that a more pliant management is put in place which would not interfere with their open offer since much opposition has been made by the present management, who have, inter alia, raised issues of undervaluation of the offer price," said the writ petition. Proxy advisory firm InGovern Research Services, which advised shareholders of Religare to vote against the reappointment of Saluja as a director, termed the court order "bizarre". "It's bizarre that the HC is intervening in an issue based on an RBI order, given RBI is an independent regulator," said Shriram Subramanian, founder and MD of InGovern Research. "The decision to block the AGM is illogical, as it makes the company non-compliant with the Companies Act." In August, Religare deferred its AGM from September to December. Following this, the Burman family filed a petition with the Delhi High Court against the Registrar of Companies (RoC) and Religare for delaying the AGM. The Religare management led by Saluja has been opposed to the open offer by Burmans, owner of consumer firm Dabur, citing concerns over a low offer price and "fit and proper" allegations. The open offer, announced at ₹235 per share, amounts to ₹2,116 crore in all for the additional stake. If successful, it would raise the Burman family's total stake in the New Delhi-based NBFC to well above 50%, effectively granting it majority control. (You can now subscribe to our Economic Times WhatsApp channel )NoneShare this Story : World Juniors opens with hope for supporters of all teams Copy Link Email X Reddit Pinterest LinkedIn Tumblr Breadcrumb Trail Links Local News Hockey Junior Hockey World Juniors World Juniors opens with hope for supporters of all teams “Podme chlapca! Podme do toho!” It's Slovak for “Let’s go, boys! Let’s get started!” Get the latest from Bruce Deachman straight to your inbox Sign Up Author of the article: Bruce Deachman Published Dec 26, 2024 • Last updated 2 minutes ago • 4 minute read Join the conversation You can save this article by registering for free here . Or sign-in if you have an account. Frantisek Nutar was banging his drum for Slovakia at TD Place Arena on Thursday. Photo by Bruce Deachman / Postmedia Article content The head of Frantisek Nutar’s snare drum is heavily pitted, the skin’s white coating worn down to a clear blister. This is what a heavy nationalistic pride and two drumsticks can do. On Thursday afternoon, Nutar was in the stands at TD Place Arena, banging on said drum as he cheered on Slovakia as it faced Sweden in the opening game of the 2025 World Junior Hockey Championship. Advertisement 2 Story continues below This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office. Unlimited online access to Ottawa Citizen and 15 news sites with one account. Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office. Unlimited online access to Ottawa Citizen and 15 news sites with one account. Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Sign In or Create an Account Email Address Continue or View more offers If you are a Home delivery print subscriber, online access is included in your subscription. Activate your Online Access Now Article content The drum wasn’t Nutar’s only means of animating the crowd: He now and then blew a red horn that he wore around his neck and also used his vocal cords to great effect, leading his fellow countrymen and women in a chant of “Podme chlapca! Podme do toho!,” Slovak for “Let’s go, boys! Let’s get started!” It was a fitting rallying cry, and not just for fans of Slovakia, but for those of all 10 countries participating in this year’s tournament. After all, for all the talk of gold-medal final games and medal-round upsets, it’s now, at the beginning of the competition, when everyone’s hopes are at their highest. This is when fans of all the teams get to bang a drum, whether they actually own one or not. Nutar, 50, is a Halifax resident who’s lived in Canada for 20 years. I asked him what hopes he held for Slovakia in the tournament. “All the best. The top of the top,” he replied. “A gold medal at the very minimum.” “The MINIMUM? What could possibly be the maximum?” “That everyone is healthy, that we get the gold and have lots of fun.” Jan Zolovcik, left, and Viktor Legen drove from Toronto to attend Thursday’s opening match of the IIHF World Junior Championship between Slovakia and Sweden. Photo by Bruce Deachman / Postmedia That sense of optimism, be it for Slovakia, Sweden or any of the eight other teams competing, pervaded the arena on Thursday. Evening Update The Ottawa Citizen’s best journalism, delivered directly to your inbox by 7 p.m. on weekdays. There was an error, please provide a valid email address. Sign Up By signing up you consent to receive the above newsletter from Postmedia Network Inc. Thanks for signing up! A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Evening Update will soon be in your inbox. We encountered an issue signing you up. Please try again Article content Advertisement 3 Story continues below This advertisement has not loaded yet, but your article continues below. Article content The parents, two grandparents and girlfriend of 19-year-old Swedish forward Felix Unger Sörum were also in the stands for Thursday’s game after flying to Ottawa from Stockholm on Christmas Day. Each wore a Team Sweden hockey sweater with Felix’s No. 16 on the back and carried with them as much hope for their country and son/grandson/boyfriend as did Nutar for Slovakia. Their hopes were further buoyed by Sweden’s 5-2 win over Slovakia, with Unger Sörum collecting a pair of assists. “Of course we’re hoping for gold,” said Felix’s mother, Catarina, “but we’ll be happy to be in the bronze-medal game.” Slovakia fan Juraj Daubner at the Slovakia-Sweden match of the 2025 IIHF World Juniors at TD Place Arena. Photo by Bruce Deachman / Postmedia Libor and Tatiana Volas, parents of Czechia defencemen Patrik Volas, were also at TD Place on Thursday. They perhaps understand hope better than most, with Patrik only with this year’s team as an alternate. He played in the pre-tournament exhibition games, scoring a goal against Latvia. “But he may not play here in Ottawa,” Libor said. Slovak Juraj Daubner, meanwhile, was scotch-taping his country’s flag to a railing at TD Place. He flew here from Bratislava with his 16-year-old daughter. “We love ice hockey,” he said. “My daughter plays.” Advertisement 4 Story continues below This advertisement has not loaded yet, but your article continues below. Article content Daubner’s hope as Thursday’s game got underway was “to see as many goals of ours as possible, and hopefully make it at least to the semifinals. It’s been 10 years since Slovakia made the semifinals (in 2015, when it defeated Sweden to win bronze), so we’re due ... we hope.” Elsewhere in the arena, fans wore their hopes on the sleeves and chests and heads: not unexpectedly numerous Team Canada jerseys and hats as well as many NHL ones. Swedish-born Ottawa residents Emma and Mats Sjöberg attended the opening game of the 2025 IIHF World Junior Championship between Sweden and Slovakia. Photo by Bruce Deachman / Postmedia Swedish-born expats now living in Ottawa, Mats Sjöberg and his daughter Emma Sjöberg each wore a Team Sweden sweater with former New York Rangers goalie “King” Henrik Lundqvist’s name and number on the back. They, too, wanted to see gold. “Over the years, Sweden has been to the semifinals, and even the finals, a lot,” Mats said. Only two golds, though, in 1981 and 2012. Could this be the year for the much-interrupted three-peat? Prior to Thursday’s opening game, I dropped in to the Fan Zone in the Aberdeen Pavilion, where, amidst the beer taps, music stage, miniature rinks, ringette demonstration, bouncy castle and merch and sponsors’ booths, there was an impressive display of hockey paraphernalia: sweaters, sticks, pucks, medals and other related gear. It all served as a reminder of the hope and possibility that sport offers (including, I almost-but-not-really hate to remind some, the Toronto Maple Leafs sweater worn by team captain George Armstrong during the 1966-67 season, when, with the Leafs winning their fourth Stanley Cup in six years, hope seemed like the last thing they needed). But tucked away in one display case were nine pucks that accounted for the goals in Slovakia’s unlikely 5-4 victory over Sweden in the 1999 World Juniors bronze-medal game, the first time that the country reached the podium in the post-Czechoslovakia era. Anything’s possible. So let’s go, boys. Let’s get started. 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How world leaders are reacting to Jimmy Carter's deathBrightcom Group, shares of which have been suspended from regular trading for nearly seven months now, has shared a detailed plan of how will the company's shares re-list on the stock exchanges. However, there is no timeline yet on when the shares will re-list. Share Market View All Nifty Gainers View All Company Value Change %Change In a separate exchange filing other than its Sunday weekly update, Brightcom Group said that it has worked towards fulfilling all compliance requirements stipulated by the exchanges. It has updated the shareholding pattern for all pending quarters, financial results for all pending quarters have also been declared along with the annual report for financial year 2023. The Annual General Meeting was also conducted for financial year 2023 in November this year. Penalties levied by the NSE and BSE for delays in compliance have also been paid in full, according to the exchange filing. So what next? The exchanges will verify all submitted documents and filings to ensure compliance. The exchanges will also conduct a site visit to confirm the company's operational and regulatory readiness, although a timeline for this has not been shared either. Post the verification, the exchange will issue a circular notifying the date at which the shares will resume trading. Actual re-listing will follow a special exchange procedure. The re-listing process: The re-listing will happen through a Special Pre-Opening Session (SPOS ) as per the exchange rules. The Pre-Open session will take place between 9 AM to 10 AM and will be divided into three stages. Only limit orders will be allowed during the pre-open session. A limit order is an order to buy or sell the stock with a restriction on the buy price limit and a sell price limit or better than the limit. Order entry will take place between 9 AM to 9:45 AM where investors can place, modify or cancel their limit orders. Order matching will take place between 9:45 AM to 9:55 AM, where the limit orders will be matched by the exchanges to determine the opening price. Price discovery and trade confirmations will take place during this period. Transition to regular markets will take place between 9:55 AM and 10 AM where the discovered opening price will become the reference price for the regular market. Regular trading will begin at 10 AM. Price band will be set within the range of 85% lower to 50% higher than the base price, which is the last traded price of the security prior to its re-listing. Brightcom Group shares currently trade in the 'Z' group or Trade-for-Trade category, where trading takes place only on the first trading day of the week with a 5% circuit limit.Pat McAfee torches Colts following bad loss to Giants, elimination from playoff hunt
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On Wednesday, Wall Street's major indexes concluded a tumultuous session lower, with technology stocks bearing the brunt of the decline. Leading the drop, the Nasdaq raised alarms as investors speculated on the Federal Reserve's cautious stance towards rate cuts amid lingering inflation concerns in the U.S. economy. Despite strong consumer spending data for October pointing to robust economic growth, the challenge of lowering inflation persisted. Traders have doubled down on expectations for a 25 basis points rate cut in December, though they foresee stable rates in January and March, according to CME's FedWatch. Adding to the uncertainty, investors evaluated the impact of President-elect Donald Trump's proposed tariffs on imports and their potential inflationary implications. Tech heavyweights like Dell and HP saw significant stock declines, affecting the Information Technology sector and spreading unease across megacap stocks including Nvidia and Microsoft. (With inputs from agencies.)
ATLANTA — Jimmy Carter, the peanut farmer who won the presidency in the wake of the Watergate scandal and Vietnam War, endured humbling defeat after one tumultuous term and then redefined life after the White House as a global humanitarian, has died. He was 100 years old. The longest-lived American president died Sunday, more than a year after entering hospice care, at his home in the small town of Plains, Georgia, where he and his wife, Rosalynn, who died at 96 in November 2023, spent most of their lives, The Carter Center said. “Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia,” the center said on the social media platform X. It added in a statement that he died peacefully, surrounded by his family. As reaction poured in from around the world, President Joe Biden mourned Carter’s death, saying the world lost an “extraordinary leader, statesman and humanitarian” and he lost a dear friend. Biden cited Carter’s compassion and moral clarity, his work to eradicate disease, forge peace, advance civil and human rights, promote free and fair elections, house the homeless and advocacy for the disadvantaged as an example for others. “To all of the young people in this nation and for anyone in search of what it means to live a life of purpose and meaning — the good life — study Jimmy Carter, a man of principle, faith and humility,” Biden said in a statement. “He showed that we are a great nation because we are a good people — decent and honorable, courageous and compassionate, humble and strong.” Biden said he is ordering a state funeral for Carter in Washington. Businessman, Navy officer, evangelist, politician, negotiator, author, woodworker, citizen of the world — Carter forged a path that still challenges political assumptions and stands out among the 45 men who reached the nation’s highest office. The 39th president leveraged his ambition with a keen intellect, deep religious faith and prodigious work ethic, conducting diplomatic missions into his 80s and building houses for the poor well into his 90s. “My faith demands — this is not optional — my faith demands that I do whatever I can, wherever I am, whenever I can, for as long as I can, with whatever I have to try to make a difference,” Carter once said. A moderate Democrat, Carter entered the 1976 presidential race as a little-known Georgia governor with a broad smile, outspoken Baptist mores and technocratic plans reflecting his education as an engineer. His no-frills campaign depended on public financing, and his promise not to deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter repeated before narrowly beating Republican incumbent Gerald Ford, who lost popularity after pardoning Nixon. Carter governed amid Cold War pressures, turbulent oil markets and social upheaval over racism, women’s rights and America’s global role. His most acclaimed achievement in office was a Mideast peace deal that he brokered by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at the bargaining table for 13 days in 1978. That Camp David experience inspired the post-presidential center where Carter would establish so much of his legacy. Yet Carter’s electoral coalition splintered under double-digit inflation, gasoline lines and the 444-day hostage crisis in Iran. His bleakest hour came when eight Americans died in a failed hostage rescue in April 1980, helping to ensure his landslide defeat to Republican Ronald Reagan. Carter acknowledged in his 2020 “White House Diary” that he could be “micromanaging” and “excessively autocratic,” complicating dealings with Congress and the federal bureaucracy. He also turned a cold shoulder to Washington’s news media and lobbyists, not fully appreciating their influence on his political fortunes. “It didn’t take us long to realize that the underestimation existed, but by that time we were not able to repair the mistake,” Carter told historians in 1982, suggesting that he had “an inherent incompatibility” with Washington insiders. Carter insisted his overall approach was sound and that he achieved his primary objectives — to “protect our nation’s security and interests peacefully” and “enhance human rights here and abroad” — even if he fell spectacularly short of a second term. Ignominious defeat, though, allowed for renewal. The Carters founded The Carter Center in 1982 as a first-of-its-kind base of operations, asserting themselves as international peacemakers and champions of democracy, public health and human rights. “I was not interested in just building a museum or storing my White House records and memorabilia,” Carter wrote in a memoir published after his 90th birthday. “I wanted a place where we could work.” That work included easing nuclear tensions in North and South Korea, helping to avert a U.S. invasion of Haiti and negotiating cease-fires in Bosnia and Sudan. By 2022, The Carter Center had declared at least 113 elections in Latin America, Asia and Africa to be free or fraudulent. Recently, the center began monitoring U.S. elections as well. Carter’s stubborn self-assuredness and even self-righteousness proved effective once he was unencumbered by the Washington order, sometimes to the point of frustrating his successors. He went “where others are not treading,” he said, to places like Ethiopia, Liberia and North Korea, where he secured the release of an American who had wandered across the border in 2010. “I can say what I like. I can meet whom I want. I can take on projects that please me and reject the ones that don’t,” Carter said. He announced an arms-reduction-for-aid deal with North Korea without clearing the details with Bill Clinton’s White House. He openly criticized President George W. Bush for the 2003 invasion of Iraq. He also criticized America’s approach to Israel with his 2006 book “Palestine: Peace Not Apartheid.” And he repeatedly countered U.S. administrations by insisting North Korea should be included in international affairs, a position that most aligned Carter with Republican President Donald Trump. Among the center’s many public health initiatives, Carter vowed to eradicate the guinea worm parasite during his lifetime, and nearly achieved it: Cases dropped from millions in the 1980s to nearly a handful. With hard hats and hammers, the Carters also built homes with Habitat for Humanity. The Nobel committee’s 2002 Peace Prize cites his “untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development.” Carter should have won it alongside Sadat and Begin in 1978, the chairman added. Carter accepted the recognition saying there was more work to be done. “The world is now, in many ways, a more dangerous place,” he said. “The greater ease of travel and communication has not been matched by equal understanding and mutual respect.” Carter’s globetrotting took him to remote villages where he met little “Jimmy Carters,” so named by admiring parents. But he spent most of his days in the same one-story Plains house — expanded and guarded by Secret Service agents — where he and Rosalynn lived before he became governor. He regularly taught Sunday School lessons at Maranatha Baptist Church until his mobility declined and the coronavirus pandemic raged. Those sessions drew visitors from around the world to the small sanctuary where Carter will receive his final send-off after a state funeral at Washington’s National Cathedral. The common assessment that he was a better ex-president than president rankled Carter and his allies. His prolific post-presidency gave him a brand above politics, particularly for Americans too young to witness him in office. But Carter also lived long enough to see biographers and historians reassess his White House years more generously. His record includes the deregulation of key industries, reduction of U.S. dependence on foreign oil, cautious management of the national debt and notable legislation on the environment, education and mental health. He focused on human rights in foreign policy, pressuring dictators to release thousands of political prisoners. He acknowledged America’s historical imperialism, pardoned Vietnam War draft evaders and relinquished control of the Panama Canal. He normalized relations with China. “I am not nominating Jimmy Carter for a place on Mount Rushmore,” Stuart Eizenstat, Carter’s domestic policy director, wrote in a 2018 book. “He was not a great president” but also not the “hapless and weak” caricature voters rejected in 1980, Eizenstat said. Rather, Carter “delivered results, many of which were realized only after he left office.” Madeleine Albright, a national security staffer for Carter and Clinton’s secretary of state, wrote in Eizenstat’s forward that Carter was “consequential and successful” and expressed hope that “perceptions will continue to evolve” about his presidency. “Our country was lucky to have him as our leader,” said Albright, who died in 2022. Jonathan Alter, who penned a comprehensive Carter biography published in 2020, said in an interview that Carter should be remembered for “an epic American life” spanning from a humble start in a home with no electricity or indoor plumbing through decades on the world stage across two centuries. “He will likely go down as one of the most misunderstood and underestimated figures in American history,” Alter told The Associated Press. 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AP Business SummaryBrief at 4:13 p.m. ESTStock market today: Indexes close mixed as traders hold out hope for a Santa Claus rally
LONDON, Ontario, Dec. 12, 2024 (GLOBE NEWSWIRE) — (“ ”) (TSXV: PRH) announced that, due to the ongoing Canada Post strike, it has decided to cancel the annual general and special shareholders meeting currently scheduled for January 31, 2025. Certain equity compensation matters will require disinterested shareholder approval and therefore Pearl River needs to ensure that it meets the delivery obligations under applicable securities legislation. Pearl River will set a new date for the shareholders meeting once the strike is over. Pearl River also announced that its current auditor, Crowe MacKay LLP, has indicated that it will need to resign due to compliance with Canadian Public Accountability Board rules, which require the current auditor’s engagement partner for an audit to be turned over every seven (7) years. Unfortunately, Crowe MacKay LLP does not have any other partners with sufficient capacity to complete Pearl River’s audit, and therefore it is unable to comply with this requirement. Pearl River is currently in the process of engaging a new auditor, and will make a further announcement once the new auditor has been appointed by the Pearl River Board of Directors. Through its subsidiaries, Pearl River’s principal business is the manufacturing and distribution of plastic products in China, Australia and the United States of America. For further information please contact: George Lunick CEO T: (519) 645-0267 E: This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. In particular, this news release contains forward-looking information in respect of the date for the shareholders meeting and the appointment of a new auditor. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. This forward-looking information reflects Pearl River’s current beliefs and is based on information currently available to Pearl River and on assumptions Pearl River believes are reasonable. These assumptions include, but are not limited to: the ability of Pearl River to set up a new shareholders meeting in due course and the ability of Pearl River to engage a new auditor. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Pearl River to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; capital market conditions and market prices for securities; the actual results of current development or operational activities; competition; changes in project parameters as plans continue to be refined; lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting Pearl River; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals. A description of other of other risk factors that may cause actual results to differ materially from forward-looking information may be found in Pearl River’s disclosure documents on the SEDAR+ website at www.sedarplus.ca. Pearl River does not undertake to update any forward-looking information except in accordance with applicable securities laws.Chuck Woolery, smooth-talking game show host of 'Love Connection' and 'Scrabble,' dies at 83
Trump invites Chinese President Xi Jinping to inauguration after threatening additional tariffs on countryHALIFAX — Nova Scotia Premier Tim Houston named an expanded 21-member cabinet Thursday during a ceremony in downtown Halifax that excluded reporters in a departure from a long-standing tradition of open coverage. In an address that was livestreamed, Houston said his newly re-elected government would continue to deal with issues that matter to Nova Scotians, including health care, housing and affordability. “This term will also be very focused on growing our economy and continuing to lower taxes,” the premier said. “We have to grow our economy to be better able to support the services that Nova Scotians have a right to expect.” Before the election, in which the Tories won 43 of the legislature’s 55 seats, Houston led a 17-member cabinet. The government allowed only one television outlet to have a pool camera at the ceremony held at the Halifax Convention Centre, citing “limited capacity” inside the building that occupies a full city block. Journalists who tried to enter Thursday were turned away by building security. Houston was asked by reporters as he arrived why the media were not being given access to the new cabinet members. “It’s all live streamed ... It’s a really exciting day, you guys have lots of access, and you guys know that,” he said. Reporters were allowed to attend the swearing-in ceremony held at the same venue after the Tories were first elected in 2021, although it was during the COVID-19 pandemic and they were placed in a separate room to monitor the event before interviewing ministers. In the new cabinet, Houston will be joined by veterans John Lohr, who becomes finance minister, Becky Druhan, who moves from education to justice, and Michelle Thompson, who continues as minister of health. There are five new members, including political newcomer Leah Martin as minister of Communications Nova Scotia and L’ nu affairs and Fred Tilley, a former Liberal who crossed the floor just before the Nov. 26 election and becomes minister of public works. The other new ministers are Dave Ritcey in the tourism portfolio, Nolan Young, who is minister of labour, and Scott Armstrong as minister of opportunities and social development — formerly the Department of Community Services. In another departmental change, veteran minister Colton LeBlanc will head the new Department of Growth and Development, which was formerly known as economic development and will now also oversee housing. Composed of 14 men and seven women, the cabinet will see Barbara Adams return as minister of seniors and long-term care and serve as deputy premier. Tim Halman retains the environment portfolio and Tory Rushton stays on in natural resources, while Kim Masland moves from public works to the Department of Emergency Management. The former community services minister, Brendan Maguire, takes over education and also assumes the duties of advanced education from Brian Wong, who was dropped from cabinet along with Susan Corkum-Greek, the former minister of economic development. Alex Marland, a political scientist at Acadia University, said the government could have found room for reporters had it wanted to. “This isn’t a new government, so there are some experienced hands who at a minimum could have been made available,” Marland said. He added that in general, there are governments that feel the need to control their message, and that also tend to be cautious with newer ministers who lack media training. “If this is a pattern and it persists, that’s going to be a problem for the Houston government,” he said. “But if this is a one off and by January things are a little different because people have gone through media training, then a lot of it will be forgotten.” This report by The Canadian Press was first published Dec. 12, 2024. — With files from Lyndsay Armstrong Keith Doucette, The Canadian PressAGV Market Booms with Increasing Automation in Manufacturing and Warehousing