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bet777 slot A pair of teams vying to put a stamp on overachieving campaigns will meet as Georgia Tech squares off with Vanderbilt in the Birmingham Bowl on Friday in Birmingham, Ala. Georgia Tech (7-5) is appearing in back-to-back bowl games for the first time since an 18-year run from 1997-2014, and a win would give the Yellow Jackets consecutive bowl wins for the first time in 20 years. For a Georgia Tech program that endured a 14-32 stretch from 2019-22, this season has given Yellow Jacket fans a reason to believe a resurgence is near. After knocking off No. 10 Florida State in the season opener, Georgia Tech climbed into the AP Poll for the first time in nine years. Although it was a short stay in the rankings, head coach Brent Key's team piqued the nation's interest again in November, when it took down undefeated No. 4 Miami, 28-23. The Yellow Jackets had another chance to shake up the college football landscape against then-No. 7 Georgia, but blew a late 14-point lead en route to an eight-overtime defeat. Now with one more opportunity against the Southeastern Conference, Key thinks the bowl organizers nailed this one on the head. "We're excited to go over to Birmingham and play a really good opponent," Key said. "I think this is a really good matchup. When you look at bowl games, that's what you look for, the matchups. And I think they got this one right." Georgia Tech quarterback Haynes King's 1,910 passing yards and 22 total touchdowns (11 passing, 11 rushing) have steadied the offense throughout the year, but the Yellow Jackets will be without their leading receiver, Eric Singleton Jr., who entered the transfer portal after the regular season and signed with Auburn on Monday. Starting defensive lineman Romello Height also transferred, meaning a next-man-up mentality will be in order for Key's squad. "One person is not going to make a difference as far as rotational depth," Key said. "We're going to continue to coach the guys that are here, and prepare them not only for this game but for the rest of their careers here at Georgia Tech." Singleton paced Georgia Tech with 754 receiving yards to go along with four total touchdowns, while Height tallied 2 1/2 sacks and a pair of forced fumbles. It wouldn't have surprised many college football pundits had Vanderbilt missed the postseason for a sixth straight year. The Commodores (6-6) were predicted last by a wide margin in the SEC preseason poll coming off last year's winless conference slate. However, the program's historic season can now be punctuated with its first bowl win in 11 years, thanks to a shocking Oct. 5 victory over No. 1 Alabama, along with its first win all-time at Auburn. Led by head coach Clark Lea, the revamped Commodores see a similar program on Friday in Birmingham. "Georgia Tech is a team I've taken notes on as Brent has built that program up," Lea said. "What an incredible transformation they've had; so much respect for them. ... This is our 10th bowl game in 134 years, it's a chance for our first winning season since 2013. You're going to have two teams that play a physical brand of football, two head coaches that care deeply about the institutions we represent. "These are two teams that are going to fight for a win and I don't think it gets better than that." The Commodores are led by quarterback Diego Pavia, who had 2,133 passing yards and 17 touchdowns in the air, paired with 716 rushing yards and six scores on the ground. Pavia, a transfer from New Mexico State -- and New Mexico Military Institute at the juco level -- won a court ruling last week that granted him a seventh year of eligibility in 2025. --Field Level Media

Israel confirms assassination of ex-Hamas leader Haniyeh in TehranCongress readies nearly $900 billion in defense spendingAFL Don't miss out on the headlines from AFL. Followed categories will be added to My News. Collingwood star Nick Daicos has strongly backed the club’s young talent stocks to keep challenging the experienced veterans on the AFL’s oldest list, insisting the Magpies can be back in the premiership window next year – and beyond. The Copeland Trophy winner and Brownlow Medal runner-up believes Craig McRae’s Magpies will head into 2025 a fitter, faster and hungrier outfit than they were 12 months ago. Speaking exclusively to the Herald Sun as part of the club’s new five-year sponsorship deal with Emirates, Daicos said the long pre-season break and the sting of missing out on finals on percentage this year had put the Magpies on track to become a flag challenger again. Collingwood’s Nick Daicos says the Pies can rebound after a disappointing 2024. Picture: Mark Stewart “Every year going into a season you like to think we are a genuine chance to win the premiership, and I think we are well and truly in the window,” Daicos said. He said the Magpies’ list management team had strengthened the club’s 2025 prospects with key acquisitions including dual All-Australian Dan Houston, versatile former Giant Harry Perryman and delisted Saint free agent Tim Membrey. But the 21-year-old said those who were underestimating or underselling the club’s next generation of players would do so at their own peril. “Leppa (Collingwood list boss Justin Leppitsch) and (the) list management (team) have done a really good job in bringing in some big recruits,” he said. “Even in training, the draftees (and young players) have been training really strongly so far. I think we are in a really good place (list-wise).” “We’re going to be a lot better team than we were last year. Hopefully every year we can improve. Our coaches are the best coaches and some of the tactical and strategic things they put into our game ongoing will make us a better team, and that’s crucial for us.” PIES’ EDGE Daicos said there had been a “real edge” to pre-season training so far , which could see the team return to their 2023 premiership form. “We are always really competitive (on the track), but it does feel like the boys have come back with a real intent,” he said. “We didn’t start the year strongly this year (losing the first three games), but we are hoping that a good start (in 2025) can set up our season. “I think obviously not playing finals (this year) was a bit of a different experience in terms of the times you start back training. Collingwood’s preseason has had a ‘real edge’ according to Nick Daicos. Picture: Michael Klein “We came back early and the boys are super motivated to feature in the finals. So many of the boys are running PBs and lifting PBs in the gym. “The list seems really healthy compared (to this time last year). It is good when you look around the track and the majority of the boys are out there. They have already done a mountain of work in the off-season to ensure they came into pre-season training in good shape. Hopefully that can now lead through to Christmas and into the practice matches.” PLAYERS TO WATCH Collingwood’s ‘all-in’ push to chase a 17th VFL-AFL flag in 2025 had some questioning whether the Magpies list could be headed for a fall beyond next year. But Daicos says he has seen enough on the track to suggest the future is bright for the club’s under-23s. “Ed Allan is a really interesting one to watch,” Daicos said. “His potential is unbelievable.” “I think he can be an absolute superstar. He showed us some great signs in the last round and I hope he gets a good crack at it with his body.” Allan, 20, has played only two AFL games in two seasons since being taken as pick 19 in the 2022 draft. But his breakout game against Melbourne in the final round this year – where he had 21 disposals (including 10 contested) and kicked a goal – franked his strong potential. Nick Daicos is predicting Ed Allan to have a breakout season for the Pies. Picture: Quinn Rooney/Getty Images. “There are so many young players who are going well ... Reef McInnes is playing down back and looks awesome at the moment. Finlay Macrae and Ned Long are also going well.” He also suggested a slimmed-down Isaac Quaynor could return to his 2023 All-Australian squad form, says Hill can take his game to the next level and backed De Goey to overcome the injury issues that saw him play only 13 games this year. “Jordy is super fit at the moment,” he said. “He is in a really good headspace and is motivated for the upcoming season. (He is) excited to get his body back fit and firing and we know how good he can be for us.” He said of Quaynor: “Q is such a good leader in the way he trains and the standards he sets for us. He looks super lean and I’m excited to see where he takes it.” He backed veteran stars Pendlebury, Steele Sidebottom and Jeremy Howe to maintain their form and impact, saying “they are proven superstars ... the best thing about those three is their on-field leadership. We all try to absorb the knowledge they give us.” GETTING DAN IN THE DOOR Daicos is contracted to Collingwood until the end of the 2029 season, so it is only natural that he keeps a close eye on the club’s list management strategies. And he couldn’t be more excited that Houston made it to Collingwood – for personal and professional reasons. He has known Houston since his school days – the pair were years apart at Camberwell Grammar, but knew each other well – and he did speak with him through the trade process. But he played down any role he might have played in coaxing Houston to the AIA Centre. “I was just checking in on him to see how he was going as a mate, but I also had a keen interest in him coming to Collingwood,” Daicos explained. “All of us at the club are super-invested in how the list shapes up. “Watching him (Houston) kick at training, it is going to be nice for the leading forwards.” Dan Houston was a major get for Collingwood during the trade period. Picture: Quinn Rooney/Getty Images. BEING NICK DAICOS Daicos is mentally and physically refreshed and ready to launch into 2025 after the longest off-season break of his AFL career. He was at the MCG on grand final day to see Brisbane Lions quench the pain of last year’s heartbreaking loss, and it served to make him more desperate to help the Magpies plot a pathway back to the last Saturday in September next year. “As competitors, we all aspire to be there on the day ... credit to Brisbane, they just missed out last year and took a bit from the game. “They (grand finals) are so hard to win ... hopefully we can use it as a source of motivation.” Daicos enjoyed a holiday in Fiji with partner Arlette Amor before going on a Monster Energy training camp to the US with his brother Josh and a few close mates. Nick Daicos on the track in November. Picture: Quinn Rooney/Getty Images. He watched UFC in New York, saw some NBA matches including one involving Australian Josh Giddey, watched NFL superstar Saquon Barkley play live for the Philadelphia Eagles and even spent some time in Scottsdale, Arizona. “I feel super fit and my body is in a really good place,” he said. “I saw plenty of sport ... I’m really into my NBA and getting into the NFL now, so it is good to see those athletes up close. Asked how he copes with the intense focus that has been on him since joining Collingwood as a father-son pick, Daicos said he feels privileged to be a professional athlete. “I am a 21-year-old kid that plays footy, and that’s something I’m grateful for,” he said. “But there is more to life than playing footy. I don’t get lost in that. “My partner works in a cancer hospital ... so you get that sort of perspective daily. “We’re a really close group at the club. The boys, as a team, do a good job of connecting off the field as well as on it. “We’re super motivated ... and want to be the best we can be.” More Coverage Pies axe recruiting guru after more than 20 years Glenn McFarlane and Josh Barnes Magpies swoop on emerging Goulburn Valley forward Paul Amy Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories AFL Geelong 2.0? Yze has next great dynasty in his hands The Tigers have drafted a significant foundation for their future, and a former AFL coach says Adem Yze has the keys to possibly the next great dynasty, if he can mould the young guns. Read more AFL The eight clubs who should consider changing skippers They’ve all been terrific servants of their respective clubs. But is it time to pass the baton for these captains? We analyse the state of play for every team, plus have your say. Read more

NEW YORK--(BUSINESS WIRE)--Dec 20, 2024-- Aptorum Group Limited (NASDAQ: APM) (“Aptorum Group” or the “Company”), a clinical stage biopharmaceutical company dedicated to meeting unmet medical needs in oncology, autoimmune and infectious diseases, today provided a business update and announced financial results for the six months ended June 30, 2024. “Our team and Yoov have spent considerable time and effort on the due diligence process, the negotiation of definitive terms, and the preparation of necessary transactional and listing documentation. However, current market conditions have introduced significant uncertainty regarding the availability of the required funding for the transaction. After careful consideration, our Board has determined that it is no longer in the best interests of our shareholders to proceed with this transaction. Despite this, we will continue to explore other business combination opportunities that we believe will enhance shareholder value,” stated Mr. Ian Huen, Chief Executive Officer and Executive Director of Aptorum Group Limited. Corporate Highlights On October 24, 2024, the Company and Yoov Group Holding Limited (“Yoov”) entered into a termination agreement and the anticipated reverse takeover transaction with Yoov was terminated. Financial Results for the Six Months Ended June 30, 2024 Aptorum Group reported a net loss of $2.7 million for the six months ended June 30, 2024 compared to $6.6 million for the same period in 2023. The decrease in net loss in the current period was driven by the decrease in operating expenses by $4.1 million due to the implementation of stringent budgetary control measures, as a result of the Company’s exclusive emphasis on the previous anticipated RTO. Research and development expenses were $2.0 million for the six months ended June 30, 2024 compared to $3.2 million for the same period in 2023. Before the Merger Agreement was terminated, we determined it was best to focus all of our attention and resources on completing the Merger and therefore paused the majority of our R&D activities during that time; following the termination of the Merger Agreement in the fourth quarter of fiscal 2024, we determined that searching for other business combination opportunities could maximize shareholder value, and our R&D activities remain suspended. General and administrative fees were $0.3 million for the six months ended June 30, 2024 compared to $1.3 million for the same period in 2023. The decrease in general and administrative fees was primary due to the streamlining of our operations to focus on preparation for the Merger, which has since been abandoned. Legal and professional fees were $0.4 million for the six months ended June 30, 2024 compared to $1.7 million for the same period in 2023. The decrease in legal and professional fees was attributed to the lack of non-routine activities that were present in the same period last year, such as the implementation of reverse stock split, and amendments to the memorandum and articles of association. The absence of such non-routine exercises in the current period has resulted in a decrease in legal and professional fees. As of June 30, 2024, cash and restricted cash totaled approximately $0.8 million and total equity was approximately $13.2 million. APTORUM GROUP LIMITED UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS June 30, 2024 and December 31, 2023 (Stated in U.S. Dollars) June 30, 2024 December 31, 2023 ASSETS Current assets: Cash $ 783,085 $ 2,005,351 Accounts receivable 21,800 47,709 Amounts due from related parties 3,595 961 Other receivables and prepayments 725,616 422,071 Total current assets 1,534,096 2,476,092 Property and equipment, net - 1,663,926 Operating lease right-of-use assets - 182,057 Long-term investments 16,098,846 16,098,846 Intangible assets, net - 147,347 Long-term deposits 71,823 71,823 Total Assets $ 17,704,765 $ 20,640,091 LIABILITIES AND EQUITY LIABILITIES Current liabilities: Amounts due to related parties $ 79,180 $ 79,180 Accounts payable and accrued expenses 1,148,235 1,894,341 Operating lease liabilities, current 89,145 125,232 Total current liabilities 1,316,560 2,098,753 Operating lease liabilities, non-current 62,718 99,485 Convertible notes to a related party 3,148,500 3,058,500 Total Liabilities $ 4,527,778 $ 5,256,738 Commitments and contingencies - - EQUITY Class A Ordinary Shares ($0.00001 par value, 9,999,996,000,000 shares authorized, 3,674,164 shares issued and outstanding as of June 30, 2024; 2,937,921 shares issued and outstanding as of December 31, 2023) $ 37 $ 31 Class B Ordinary Shares ($0.00001 par value; 4,000,000 shares authorized, 1,796,934 shares issued and outstanding as of June 30, 2024; 2,243,776 shares issued and outstanding as of December 31, 2023) 18 22 Additional paid-in capital 93,470,186 93,018,528 Accumulated other comprehensive loss (9,762 ) (10,623 ) Accumulated deficit (70,805,518 ) (68,161,722 ) Total equity attributable to the shareholders of Aptorum Group Limited 22,654,961 24,846,236 Non-controlling interests (9,477,974 ) (9,462,883 ) Total equity 13,176,987 15,383,353 Total Liabilities and Equity $ 17,704,765 $ 20,640,091 APTORUM GROUP LIMITED UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS For the six months ended June 30, 2024 and 2023 (Stated in U.S. Dollars) For the six months ended June 30, 2024 2023 Revenue Healthcare services income $ - $ 431,378 Operating expenses Costs of healthcare services - (426,063 ) Research and development expenses (2,038,923 ) (3,212,366 ) General and administrative fees (326,187 ) (1,263,019 ) Legal and professional fees (366,164 ) (1,738,566 ) Other operating expenses (137,233 ) (330,212 ) Total operating expenses (2,868,507 ) (6,970,226 ) Other income (expenses) Loss on investments in marketable securities, net - (9,266 ) Interest expense, net (68,462 ) (93,478 ) Loss on disposal of subsidiaries (4,271 ) - Sundry income 282,353 36,803 Total other income (expenses), net 209,620 (65,941 ) Net loss $ (2,658,887 ) $ (6,604,789 ) Less: net loss attributable to non-controlling interests (15,091 ) (1,117,685 ) Net loss attributable to Aptorum Group Limited $ (2,643,796 ) $ (5,487,104 ) Net loss per share – basic and diluted $ (0.50 ) $ (1.43 ) Weighted-average shares outstanding – basic and diluted 5,339,608 3,849,621 Net loss $ (2,658,887 ) $ (6,604,789 ) Other comprehensive income (loss) Exchange differences on translation of foreign operations 861 (7,485 ) Other comprehensive income (loss) 861 (7,485 ) Comprehensive loss (2,658,026 ) (6,612,274 ) Less: comprehensive loss attributable to non-controlling interests (15,091 ) (1,117,685 ) Comprehensive loss attributable to the shareholders of Aptorum Group Limited (2,642,935 ) (5,494,589 ) About Aptorum Group Aptorum Group Limited (Nasdaq: APM) is a clinical stage biopharmaceutical company dedicated to the discovery, development and commercialization of therapeutic assets to treat diseases with unmet medical needs, particularly in oncology (including orphan oncology indications) and infectious diseases. The pipeline of Aptorum is also enriched through the co-development of Paths Dx Test, a novel molecular-based rapid pathogen identification and detection diagnostics technology, with Accelerate Technologies Pte Ltd, commercialization arm of the Singapore’s Agency for Science, Technology and Research. For more information about the Company, please visit www.aptorumgroup.com . Disclaimer and Forward-Looking Statements This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of Aptorum Group. This press release includes statements concerning Aptorum Group Limited and its future expectations, plans and prospects that constitute “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of these terms or other similar expressions. Aptorum Group has based these forward-looking statements, which include statements regarding projected timelines for application submissions and trials, largely on its current expectations and projections about future events and trends that it believes may affect its business, financial condition and results of operations. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions including, without limitation, risks related to its announced management and organizational changes, the continued service and availability of key personnel, its ability to expand its product assortments by offering additional products for additional consumer segments, development results, the company’s anticipated growth strategies, anticipated trends and challenges in its business, and its expectations regarding, and the stability of, its supply chain, and the risks more fully described in Aptorum Group’s Form 20-F and other filings that Aptorum Group may make with the SEC in the future. As a result, the projections included in such forward-looking statements are subject to change and actual results may differ materially from those described herein. Aptorum Group assumes no obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise. This press release is provided “as is” without any representation or warranty of any kind. View source version on businesswire.com : https://www.businesswire.com/news/home/20241220907803/en/ CONTACT: Aptorum Group Limited Investor Relations Department investor.relations@aptorumgroup.com +44 20 80929299 KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ONCOLOGY HEALTH INFECTIOUS DISEASES GENERAL HEALTH CLINICAL TRIALS PHARMACEUTICAL BIOTECHNOLOGY SOURCE: Aptorum Group Limited Copyright Business Wire 2024. PUB: 12/20/2024 04:00 PM/DISC: 12/20/2024 04:00 PM http://www.businesswire.com/news/home/20241220907803/enWASHINGTON (AP) — President-elect Donald Trump has promised to end birthright citizenship as soon as he gets into office to make good on campaign promises aiming to restrict immigration and redefining what it means to be American. But any efforts to halt the policy would face steep legal hurdles. Birthright citizenship means anyone born in the United States automatically becomes an American citizen. It's been in place for decades and applies to children born to someone in the country illegally or in the U.S. on a tourist or student visa who plans to return to their home country. It's not the practice of every country, and Trump and his supporters have argued that the system is being abused and that there should be tougher standards for becoming an American citizen. But others say this is a right enshrined in the 14th Amendment to the Constitution, it would be extremely difficult to overturn and even if it's possible, it's a bad idea. Here's a look at birthright citizenship, what Trump has said about it and the prospects for ending it: During an interview Sunday on NBC’s “Meet the Press” Trump said he “absolutely” planned to halt birthright citizenship once in office. “We’re going to end that because it’s ridiculous,” he said. Trump and other opponents of birthright citizenship have argued that it creates an incentive for people to come to the U.S. illegally or take part in “birth tourism,” in which pregnant women enter the U.S. specifically to give birth so their children can have citizenship before returning to their home countries. “Simply crossing the border and having a child should not entitle anyone to citizenship,” said Eric Ruark, director of research for NumbersUSA, which argues for reducing immigration. The organization supports changes that would require at least one parent to be a permanent legal resident or a U.S. citizen for their children to automatically get citizenship. Others have argued that ending birthright citizenship would profoundly damage the country. “One of our big benefits is that people born here are citizens, are not an illegal underclass. There’s better assimilation and integration of immigrants and their children because of birthright citizenship,” said Alex Nowrasteh, vice president for economic and social policy studies at the pro-immigration Cato Institute. In 2019, the Migration Policy Institute estimated that 5.5 million children under age 18 lived with at least one parent in the country illegally in 2019, representing 7% of the U.S. child population. The vast majority of those children were U.S. citizens. The nonpartisan think tank said during Trump’s campaign for president in 2015 that the number of people in the country illegally would “balloon” if birthright citizenship were repealed, creating “a self-perpetuating class that would be excluded from social membership for generations.” In the aftermath of the Civil War, Congress ratified the 14th Amendment in July 1868. That amendment assured citizenship for all, including Black people. “All persons born or naturalized in the United States and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside,” the 14th Amendment says. “No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States.” But the 14th Amendment didn't always translate to everyone being afforded birthright citizenship. For example, it wasn't until 1924 that Congress finally granted citizenship to all Native Americans born in the U.S. A key case in the history of birthright citizenship came in 1898, when the U.S. Supreme Court ruled that Wong Kim Ark, born in San Francisco to Chinese immigrants, was a U.S. citizen because he was born in the states. The federal government had tried to deny him reentry into the county after a trip abroad on grounds he wasn’t a citizen under the Chinese Exclusion Act. But some have argued that the 1898 case clearly applied to children born of parents who are both legal immigrants to America but that it's less clear whether it applies to children born to parents without legal status or, for example, who come for a short-term like a tourist visa. “That is the leading case on this. In fact, it’s the only case on this,” said Andrew Arthur, a fellow at the Center for Immigration Studies, which supports immigration restrictions. “It’s a lot more of an open legal question than most people think.” Some proponents of immigration restrictions have argued the words “subject to the jurisdiction thereof” in the 14th Amendment allows the U.S. to deny citizenship to babies born to those in the country illegally. Trump himself used that language in his 2023 announcement that he would aim to end birthright citizenship if reelected. Trump wasn't clear in his Sunday interview how he aims to end birthright citizenship. Asked how he could get around the 14th Amendment with an executive action, Trump said: “Well, we’re going to have to get it changed. We’ll maybe have to go back to the people. But we have to end it.” Pressed further on whether he'd use an executive order, Trump said “if we can, through executive action." He gave a lot more details in a 2023 post on his campaign website . In it, he said he would issue an executive order the first day of his presidency, making it clear that federal agencies “require that at least one parent be a U.S. citizen or lawful permanent resident for their future children to become automatic U.S. citizens.” Trump wrote that the executive order would make clear that children of people in the U.S. illegally “should not be issued passports, Social Security numbers, or be eligible for certain taxpayer funded welfare benefits.” This would almost certainly end up in litigation. Nowrasteh from the Cato Institute said the law is clear that birthright citizenship can’t be ended by executive order but that Trump may be inclined to take a shot anyway through the courts. “I don’t take his statements very seriously. He has been saying things like this for almost a decade," Nowrasteh said. "He didn’t do anything to further this agenda when he was president before. The law and judges are near uniformly opposed to his legal theory that the children of illegal immigrants born in the United States are not citizens." Trump could steer Congress to pass a law to end birthright citizenship but would still face a legal challenge that it violates the Constitution. Associated Press reporter Elliot Spagat in San Diego contributed to this report.Russian economy meltdown as Moscow hit with manufacturing crisis while inflation soars

Red Wings hire former Sharks head coach McLellan after firing LalondeBreaking the silence on gender-based violence in menAccording to a study of by Anarock Property Consultants, India's HNI population, which currently stands at 850,000, will surge to 1.65 million by the year 2027. 20% of millionaires in India rich list are under the age of 40. Published: December 21, 2024 5:27 PM IST By Around 20 percent of millionaires, and 15 percent of High Net Worth Individuals 0r HNIs, in India are under the age of 40, a recent study has found. According to a study by Anarock Property Consultants, India’s HNI population, which currently stands at 850,000, will surge to 1.65 million by the year 2027. The study asserted that the number of Ultra High Net Worth Individuals 0r UHNIs (persons with assets of more than $30 million), will also increase in the coming years. As per the report, over 15 percent of India’s HNI population, most of which is associated with start-ups, unicorns, IPOs and tech-based ventures, is under the age of 30, while around 20 percent of the country’s millionaires are under 40 years of age, which is expected to increase to 25 percent by 2030 as young entrepreneurs continue to redefine wealth creation. Anarock’s study has found that India’s rich are investing heavily in prime real estate, with the share of luxury homes in total property sales, which was 16% before the Covid-19 pandemic, rising to 28% in 2024. The study noted that most luxury homes’ sales have been witnessed in Mumbai, Delhi and Bengaluru cities, and also in Goa, Alibaug and Jaipur. About 14% UHNIs also invested in property abroad. Dubai, London and Singapore became the biggest hotspots for buying property. In 2024, the investment in foreign property surged by Rs 12 crore, the study revealed. What is the source of this wealth? According to the study, around 30% of new HNIs attribute their wealth to technology, fintech and startups, while ‘Make-in-India’ campaign, which promotes local manufacturing, has contributed 21% to the wealth UHNIs. Real estate is also a major source of wealth creation for India’s surging HNI population, contributing around 15%, with luxury and commercial properties being the biggest sources. Apart from manufacturing and real estate, the equity market and startups are two other major sources of wealth for India’s rich. As per the study, the stock market has given an 18% year-on-year dividends on equities, while 15% percent of India’s HNIs, aged under 30, are associated with start-ups unicorns, IPOs and tech ventures. Where the rich are spending? The study found that a majority of India’s rich are spending a lavish amount on luxury cars with 37% of HNIs purchasing expensive brands like Lamborghini, Porsche and Rolls Royce, in 2024. Additionally, the India’s UHNIs are spending around Rs 6 crore annually on custom holidays and luxury cruises, the study found. Apart from this, India has also become a thriving market for custom jewellery and watches, with the rich spending lavishly on these vanity items. India is the 5th largest market for custom watches and jewellery. For breaking news and live news updates, like us on or follow us on and . Read more on Latest on . Topics

Future robots could one day tell how you're feeling by measuring your sweat, scientists say

Camera Ring Light Market: Global Industry Overview Featuring Top Companies, Business Strategies, Regional Highlights, Growth Opportunities, and Size Predictions Until 2031Stock market today: Wall Street rises at the start of a holiday-shortened week Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. Damian J. Troise And Alex Veiga, The Associated Press Dec 23, 2024 1:04 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message FILE - Signs mark the intersection of Wall and South Streets in New York's Financial District on Nov. 26, 2024. (AP Photo/Peter Morgan, File) Listen to this article 00:03:50 Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda’s U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Major stock indexes rose on Wall Street in afternoon trading Monday, after a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average recovered from an early slide to gain 29 points, or 0.1% as of 3:40 p.m. Eastern time. The tech-heavy Nasdaq composite rose 0.8%. Gains in technology and communications stocks helped outweigh losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.3%. Broadcom climbed 5.5% to also help support the broader market. Walmart fell 2% and PepsiCo slid 1.2%. Japanese automakers Honda Motor and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 13.4%, while Nissan slipped 0.2%. Eli Lilly rose 3.5% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.6% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a roughly 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets were mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas. Damian J. Troise And Alex Veiga, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Business S&P/TSX composite closes up nearly 150 points on Monday, U.S. stock markets up Dec 23, 2024 1:28 PM What to know before agreeing to be someone's power of attorney Dec 23, 2024 12:49 PM Competition Bureau suing Rogers over unlimited data claim Dec 23, 2024 12:48 PM Featured Flyer

NEW YORK (AP) — Matt Zona's 15 points off the bench led Fordham to an 87-83 victory over Albany (NY) on Saturday. Zona shot 5 for 7, including 3 for 4 from beyond the arc for the Rams (8-5). Jahmere Tripp added 14 points while shooting 5 of 7 from the field and 3 for 3 from the line while they also had six rebounds and three steals. Jackie Johnson III shot 4 for 14 (1 for 5 from 3-point range) and 4 of 6 from the free-throw line to finish with 13 points. The Great Danes (7-7) were led by Amar'e Marshall, who recorded 24 points, six rebounds, four assists and two steals. Albany (NY) also got 19 points, eight rebounds and two steals from Justin Neely. Byron Joshua finished with 16 points and five assists. Josh Rivera scored 11 points in the first half for Fordham, who led 46-35 at halftime. Fordham took the lead for good with 12:53 left in the second half on a 3-pointer from Zona to make it a 57-54 game. Fordham's next game is Tuesday against Saint Louis at home. Albany (NY) hosts Stony Brook on Sunday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .