Breaking News Summary: 24 December 2024
Stay informed with the latest breaking news from December 24, 2024, covering India’s stock market rise, Bollywood’s challenges, weather updates, and more.
1. Indian Stock Market Sees Gains
On December 24, 2024, Indian shares rose, driven by information technology and auto stocks. The Nifty 50 index increased by 0.3% to 23,827.80 points, while the BSE Sensex climbed to 78,759.10 points. Analysts anticipate limited movement in the benchmark indexes due to the holiday season and a lack of major market triggers.
2. Bollywood Faces Declining Revenues
Bollywood is experiencing a challenging year, with a 7% drop in box office collections, totaling $1 billion in the first ten months of 2024. Major hits are predominantly from the southern film industry, and high multiplex ticket prices deter audiences, who now prefer streaming releases. The industry is struggling to adapt to the digital age, with creative risks being rare and repetitive film franchises planned for 2025.
3. Weather Updates Across India
The India Meteorological Department (IMD) forecasts rain and thunderstorms across North India, with dense fog likely to impact Punjab and Haryana. Fishermen are advised against venturing into certain coastal areas from December 23 to 25 due to rough sea conditions.
4. Sports: Nusrath Fatima Shines Globally
Nusrath Fatima has won a silver medal at the Junior World Pencak Silat Championship, bringing pride to India on the global stage.
5. Entertainment: ‘Pushpa 2’ Event Incident
A stampede occurred during an event for the upcoming film ‘Pushpa 2,’ leading to police summoning actor Allu Arjun for questioning.
6. Infrastructure Development
India has secured a $500 million loan from the Asian Development Bank (ADB) to boost infrastructure development, aiming to enhance urban amenities and connectivity.
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