10 int'l airlines under DGGI scanner over tax evasion

The Directorate General of GST Intelligence (DGGI) has questioned executives from at least 10 leading foreign airlines in an ongoing investigation related to alleged tax evasion. Finance managers of British Airways, Etihad, Thai Airways, and Qatar Airways have recorded their statements. Lufthansa, Emirates, Oman Airlines, and Singapore Airlines have not yet appeared for questioning. DGGI has asked the airlines to produce documents related to their India-related expenditure and pay tax for services rendered under the new GST regime.

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Earthquake shakes part of Indonesia's Papua region

A powerful earthquake shook Papua, Indonesia's easternmost region, causing no serious damage. The magnitude 6.5 quake occurred in Abepura, a subdistrict in Jayapura, the capital of Papua province. It was a shallow earthquake with a depth of 10 kilometers. The region is prone to earthquakes due to its location on the "Ring of Fire". In February, another earthquake in the province resulted in the collapse of a floating restaurant, causing four deaths. Indonesia has a history of earthquakes and volcanic eruptions, with past disasters claiming many lives.

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Dalal Street bulls reign in 2023 despite global headwinds

Despite global headwinds, the Indian market witnessed a remarkable recovery in 2023, leading to investors' optimism. The sensex and Nifty gained 19-20% while midcap and smallcap indices surged by 46 percent and 49 percent respectively. Investor wealth reached a record high of Rs 370.6 lakh crore, reflecting the positive sentiment. The market initially faced volatility due to recession fears in the US and a struggling Chinese economy, but the revival started after a dip in March.

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'Nation of investors can't depend on stocks alone'

Uday Kotak outlines recommendations for India's economic transformation, emphasizing the shift from savers to investors. He suggests that banks should become distributors of corporate debt and expand their reach to mid-sized corporates, MSMEs, and consumers. Kotak highlights the growing interest of Indian savers in investing, facilitated by various platforms such as mutual funds, equities, and insurance funds. He also warns of the need to protect new investors from market bubbles and advocates for tax reforms.

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Cigniti opens new digital assurance & engineering offshore delivery centre in Hyderabad

AI & IP-led digital assurance and digital engineering services provider Cigniti Technologies has set up a new offshore delivery centre (ODC) in Hyderabad as part of its expansion drive. The new 40,000 sq ft facility, which has come up at the International Tech Park in the heart of Hyderabad’s IT hub of Madhapur, will have a capacity to accommodate around 400 techies and will take Cigniti’s total ODC footprint in Hyderabad to around 2.4 lakh sq ft.

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Actor & DMDK chief ‘Captain’ Vijayakant passes away at 71

Kollywood star Vijayakant, who rose to fame in films and politics, died at 71. He was survived by his wife and sons. He had been in and out of hospitals in recent years, including a trip to the US for medical treatment. Tamil Nadu CM MK Stalin paid his last respects and announced that Vijayakant would be laid to rest with full state honors at the DMDK headquarters in Koyambedu. Thousands of people joined the procession to honor the departed leader.

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Nuclear sector set to power Indian space missions: Isro chief

India's nuclear sector will power future Indian space missions through nuclear propulsion. Isro chairman S Somanath revealed plans for collaboration with the department of atomic energy. Radioisotope heating units in Chandrayaan-3's propulsion module worked flawlessly, generating enthusiasm. The Bharatiya Antariksh Station, an international platform for collaborative research, will be ready by 2028. Isro is also developing a moonbase habitat at a lower cost. Other upcoming missions include Xposat for studying Black Holes and neutron stars, Aditya-L1's mission to the Sun, a satellite for G20 countries, and plans for reusable rockets and space tourism.

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‘Prosperity ladder’: Inside ‘coming of age’ yr for India's $585 bln mutual funds industry

India's mutual funds industry is experiencing a blockbuster year, marked by a record surge in assets under management and the addition of more than 20 million new investment accounts. Fueled by the insatiable thirst for financial gains, young Indians armed with smartphones are increasingly investing in equity markets. This trend has boosted fund assets by 19% in the first 11 months of 2023, outperforming major peers like the US, Japan, and China. The industry has come of age, with consistent and sticky flows of domestic money, which have shielded the market from foreign outflows.

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Life term for man who killed daughter to escape liabilities

A special court has sentenced Sanu Mohan to life imprisonment for the murder of his 10-year-old daughter, Vaiga, two years ago. Mohan, who confessed to the crime, had planned to take his own life after killing his daughter. In addition to the life sentence, he was also given a cumulative 28-year imprisonment for other offenses. Mohan deceived his wife and relatives, intoxicated Vaiga, suffocated her, and disposed of her body in a river before fleeing to Coimbatore.

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Girl untraceable, man accused of raping minor daughter acquitted

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Ayurveda degrees: Next big thing for foreigners

Ethel Nyoni from Zambia is studying Ayurveda at Jaipur’s National Institute of Ayurveda to become the first registered practitioner from her country. Many foreigners, including Dr. Avvinish Narine from Trinidad and Tobago and Dr. Fatemeh Moazzami Peiro from Iran, are pursuing Ayurveda degrees at the Jaipur Institute to become Ayurveda ambassadors in their native countries. The vice-chancellor of the institute aims to establish Ayurveda as a branch of medicine abroad. Komivi ADJA from Togo, a mathematics student, also received an AYUSH scholarship to study Ayurveda.

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Rat Chinese Horoscope 2024 - Pursue growth opportunities fearlessly

Rats can anticipate positive changes and dynamic energy in the Year of the Dragon, symbolizing growth and flexibility. Take up adventures, seek growth opportunities, and adapt with agility. This year is about intellectual growth, mastery of communication, and networking challenges in your career. Strategic communication and networking will lead to financial growth. Strengthen relationships through meaningful dialogue and establish a strong beginning in love.

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Haridwar: Two kids among 6 killed as brick kiln wall falls

Six workers, including two siblings, died while two others were critically injured after a wall in a brick kiln in Haridwar suddenly collapsed in Lahboli village. The buried bodies were taken out with the help of a JCB machine. A case has been registered against brick kiln owner Rishu Malik. The district administration has ordered a magisterial inquiry. The police complaint stated that the kiln owner and his staff were aware of the damaged condition of the wall.

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Search for terrorists continue in Poonch-Rajouri forests

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Jaishankar’s Russia visit: India inks pacts with “special partner” on more power units of Kudankulam nuclear plant

India and Russia have signed important agreements related to the construction of future power generating units at the Kudankulam nuclear power plant in Tamil Nadu during External Affairs Minister S Jaishankar's visit.

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Two dead, 12 injured as vehicle falls in gorge in J&K’s Reasi

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HC: Automatic cancellation can't be bail condition

The Punjab and Haryana high court has clarified that no condition for automatic cancellation of bail can be imposed. The court ruled that the only condition that can be imposed is that the investigating agency or the complainant can move an application for cancellation of bail. The court must be satisfied that it is necessary to cancel the bail, considering various factors. This ruling came in response to a Faridabad court's order that canceled the bail granted to Rajiya in a narcotics case.

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Brigadier, 3 others shifted; Army chief visits Poonch

Army transfers Brigadier and officers of 13 Rashtriya Rifles following terrorist ambush in J&K's Poonch. Deaths of three men during custody sparks protests. Transfers confirmed before Army chief's visit to assess operational preparedness. Disciplinary action considered after internal investigation. FIR filed by J&K police. Compensation and jobs announced for deceased's families. Defence minister Rajnath Singh scheduled to visit Jammu for security review meeting. Change of command expected in 13 RR area. Homage paid to four slain soldiers. Search operation ongoing with mobile internet services suspended.

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MPPSC to open form filling link for all subjects in AP-2022 exam

MPPSC opens form filling link for Assistant Professor-2022 examination, providing relief to aspirants. Candidates can make corrections in forms till January 14. SET or NET examination is required for eligibility. The SET was held after a gap of four years, with 36,000 candidates applying for AP posts. Hindi, History, political science, commerce, and Sanskrit have the most applicants. Schedule and examination pattern announced for eight subjects, including Botany, Commerce, English, Hindi, History, Home Science, Mathematics, and Sanskrit.

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IIT-K dean giving speech on health collapses on stage, dies

Professor Sameer Khandekar, the Dean of Students Welfare and Head of the Mechanical Engineering Department at IIT-Kanpur, passed away from cardiac arrest while delivering a speech at an alumni meet on Friday evening. Ironically, he collapsed on stage while discussing a health-related topic, with his last words reportedly urging others to take care of their health. The 53-year-old had been dealing with cardiac health issues since 2019. Despite being rushed to Laxmipat Singhania Institute of Cardiology, he was declared dead upon arrival.

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J&K: Compensation for families of 3 civilians that died in custody

J&K administration announces compensation and jobs for families of villagers found dead near site of terrorist ambush in Poonch district. Calls for impartial investigation into alleged deaths in Army custody. Army acknowledges civilian fatalities and commits to supporting investigations. Deceased villagers were among those detained for questioning in connection with the ambush. Political figures demand thorough investigation into circumstances of civilian deaths. Security forces continued a cordon-and-search operation in the forests of Rajouri and Poonch districts.

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New York Mets hit with record luxury tax of nearly $101 million for season of fourth-place finish

The New York Mets, owned by Steve Cohen, have been hit with a record luxury tax bill of nearly $101 million after finishing in fourth place in the NL East. This marks their first time owing tax money. The final amount owed by the Mets would have been slightly higher, but they received a tax credit under a provision in the latest collective bargaining agreement. The total spending on luxury tax payrolls in MLB rose to a record high.

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Man dies in police custody on Jammu outskirts

A 35-year-old man died in police custody on the outskirts of Jammu in Jourian area on Friday. Police said Sushil Kumar alias Sonu of Garhi Bishnah in Jourian died under suspicious circumstances at Jourian police post. Sushil’s body has been sent to the Government Medical College and Hospital (GMCH), Jammu, for postmortem while the matter is being investigated, police said. Meanwhile, family and relatives of the deceased staged a protest at the police station concerned, demanding an in-depth probe into the matter and punishment to the culprits.

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Poonch ambush: NIA steps in, army hunts for terrorists

NIA sleuths arrived in Jammu's Poonch to investigate the terrorist ambush on army vehicles that killed four soldiers. The banned People's Anti-Fascist Front (PAFF), a Pakistan-backed group, claimed responsibility for the attack. The terrorists used US-made M40 rifles and took positions on hilltops. The situation in the Jammu region is a cause for concern, with a decrease in terrorist activity in the Kashmir valley and shifting of troops to the LAC with China being cited as possible reasons for the increase in attacks.

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Govt set to miss target for divestment in 2023-24 too

The Centre is set to miss its privatisation target for state-run companies this year due to stalled progress and limited appetite before elections. Roadblocks, including bureaucratic sloth, have hindered the process, affecting big-ticket enterprises like IDBI Bank. Stake sales in state-run banks and an insurance company recommended for privatisation by NITI Aayog have not moved forward. The privatisation of Pawan Hans has been scrapped, and the large public sector policy has not taken off. The disinvestment process is now awaiting the new government for a fresh start.

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3rd ODI: Ton-up Samson, Arshdeep power India to 2-1 series win over South Africa

Sanju Samson hit a fine century as India defeated South Africa by 78 runs in the third ODI to clinch the three-match series 2-1 in Paarl on Thursday. Sent into bat, India lost openers early before Samson (108), which was his maiden ODI hundred, and Tilak Varma (52) made useful contributions to take 296 for eight. Chasing 297, opener Tony de Zorzi made 81 but none of the other Proteas batter could support him as the hosts were bowled for 218 in 45.5 overs.

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Baloch activists protesting against ‘extra-judicial killings’ arrested

Baloch nationalists protesting against extrajudicial killings and enforced disappearances in Balochistan were arrested and blocked from entering Islamabad. The police used water cannons and tear gas on the demonstrators and took women protestors to women police stations. The protesters had reached Islamabad after a long march from Turbat district. The police blamed the protesters for creating law and order problems. The Human Rights Commission of Pakistan condemned the violent police crackdown and demanded the unconditional release of all detainees.

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No, Zomato is not making $2bn acquisition, what CEO Goyal has to say

Zomato denies reports of acquisition offer for Shiprocket by Bloomberg.

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Pandemic puppies power pet care business boom

Lockdown loneliness during the pandemic has led to a surge in pet parenting in nuclear families, resulting in the rapid growth of India's pet care industry. Pet adoption has increased across metros as well as tier-2 and -3 cities, driven by factors such as rising disposable incomes, changing lifestyles, and increased knowledge of the benefits of pet ownership. Furthermore, the increasing number of Gen Z and millennial pet owners has fueled the demand for innovative and high-quality pet care solutions. This trend is expected to continue, with the pet population in India projected to grow at a CAGR of 9.2% between 2022 and 2027.

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Indian student found dead, UK cops and family denies report

The family of an Indian Sikh student who has gone missing in London have denied media reports that he is dead and say they are still anxiously looking for him. TOI spoke to the India-based brother of Gurashman Singh Bhatia, 23, known as Ashman Singh, who has been missing since his birthday celebration on Friday night. He and his mother are anxiously waiting in Model Town, Jalandhar, whilst Bhatia’s father has arrived in London and is searching for his beloved son with the help of a relative in the UK.

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Unclaimed deposits with banks up 28%

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India likely to grow above 6% over next 5 years: International Monetary Fund

The IMF expects India's economy to grow above 6% over the next five years, driven by strong investment, private consumption, and digitalisation-driven productivity gains. The report commends India's macroeconomic policies and reforms, resulting in a strong and resilient economy. India is on track to be one of the fastest-growing major economies. The IMF calls for continued appropriate policies to sustain economic stability and further progress in key structural reforms. The report also praises RBI's proactive monetary policy actions and commitment to price stability.

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2nd ODI: De Zorzi ton guides SA to 8-wicket win over India

Left-handed opener Tony de Zorzi scored a career-best unbeaten 119 from 122 balls to lead South Africa to an emphatic eight-wicket win over India in the second ODI at St George’s Park on Tuesday and level the three-match series at 1-1. South Africa won the toss and sent India into bat, restricting the visitors to 211 all out in 46.2 overs on a wicket that was not easy to score on. They chased down their target with 45 deliveries remaining to set up a series decider in Paarl on Thursday.

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With $125 billion, India retains top spot in remittance chart: World Bank

Remittances to India are estimated to rise over 11% to $125 billion in 2023, helping it retain the top spot ahead of Mexico and China. Flows to South Asia are estimated to have grown 7.2% in 2023 to reach $189 billion. Remittances from highly skilled Indians in the US, the UK, and Singapore account for 36% of total remittance flows to India. The UAE is the second-largest source of remittances to India after the US, accounting for 18% of the total.

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Noise set to make more 'noise' as Bose invests in the company

US-based audio equipment maker Bose has acquired a minority stake in Indian wearables startup Noise as part of Noise's Series A round. Noise, which holds the second position in the overall wearables segment, aims to raise more funds. The investment figure and the quantum of stake acquired by Bose remain undisclosed. Nicholas Smith, senior vice president of strategy and business development at Bose, expressed excitement about collaborating with Noise and bringing new products to the growing market.

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Kajol's mother, veteran actress Tanuja hospitalised in Mumbai

Tanuja who is known for a number of films like Baharein Phir Bhi Ayengi', 'Jewel Thief' among others has been admitted to a hospital in Juhu due to age-related issues..

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Internet shutdown in Pakistan ahead of PTI's virtual meet

Netblocks reports nationwide internet disruption ahead of PTI's virtual power show on social media platforms in Lahore, Karachi, and Islamabad. Users complain of difficulty accessing platforms and slow internet services. Former PTI leader Taimur Jhagra notes internet issues coinciding with online rally. YouTube and Ufone4G affected, millions of subscribers and businesses impacted. Pakistan ranked third in the world for internet restrictions. No statement from Pakistan Telecommunication Authority (PTA) yet.

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No alternative to IMF program to rid Sri Lanka of economic slump: President Wickremesinghe

Sri Lankan President Ranil Wickremesinghe defends the IMF program as the only option to address the island nation's economic bankruptcy. He emphasizes the need for tough decisions and debt restructuring to correct past economic wrongs. Wickremesinghe highlights negotiations with India, China, and the Paris Club for debt concessions. He calls for credible alternative plans from critics and warns against misleading statements. The IMF reforms and high cost of living will impact the 2024 election year.

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Suspension of MPs not tied to breach: LS speaker Om Birla

Lok Sabha Speaker Om Birla has addressed the suspension of opposition members in Lok Sabha, stating that it should not be linked to the security breach. Birla emphasized that there is no association between the two incidents and that similar security breaches in the past did not lead to disruptions. The suspension of members was done to uphold the sanctity of the House, and measures will be taken to ensure their security. Birla also mentioned the formation of high-level committees to investigate the incident and formulate action plans for enhanced security.

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Focus on moving up services value chain rather than manufacturing to propel India into 'Amrit Kaal': Former RBI governor Raghuram Rajan

India's ambition to march into `Amrit Kaal’ by 2047 is an important one but the current pace of growth is not enough to get us there as we will still remain a lower middle-income economy by then, former RBI governor Raghuram Rajan said here on Saturday. Speaking at an interactive session organised by Manthan, Rajan mooted a focus on high-value added services instead of manufacturing to productively harness the country’s demographic dividend and propel the country into 'Amrit Kaal' because if India does not grow faster, it would grow older demographically before it gets richer.

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If growth rate is not over 6%, India will remain lower middle economy by 2047: Raghuram Rajan

Former RBI governor warns that India will remain a lower middle-income country by 2047 if the growth rate remains at 6% annually without population rise. The country will reach the end of its demographic dividend and face the burden of an aging population. The per capita income will only quadruple to $10,000 if the current growth rate continues. Some southern states are experiencing a decline in fertility rate, leading to a slower population growth. The current pace of growth is insufficient to employ new labor force entrants and make the country richer before it gets older.

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UGC says get-from-India foreign degrees not valid

A business school in Karjat offers UK university degrees to hundreds of students without any interaction with UK faculty or campus. Similarly, a Bengaluru college provides academic pathways for international degrees without requiring students to leave the country. However, these arrangements have been questioned by the University Grants Commission (UGC), which states that degrees from unrecognized institutes will not be valid. Students who have enrolled in these programs have discovered that their degrees are not recognized, leading some to take legal action.

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Ex-high ranking FBI agent gets prison term for helping Russian oligarch

Former FBI special agent, Charles McGonigal, has been sentenced to over four years in prison and fined $40,000 for providing information to a Russian oligarch in violation of US sanctions. McGonigal, who led a counterintelligence division, received a payment for laundering money from a Russian bank to his private account. The judge, Jennifer H Rearden, stated that the sentence was meant to balance McGonigal's 22 years of FBI service with the seriousness of his crimes. McGonigal also awaits another sentencing for concealing payments from a former Albanian intelligence officer.

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Dropping out of insurance policy? It's set to pinch less

Irdai proposes new rules to protect policyholders' interests by increasing payouts for early policy surrender. Insurers face the dilemma of lower sales or lower profits. Higher payouts can be achieved by cutting commissions, but this may affect sales. Retaining commissions or paying higher can result in profit loss. The regulator aims to curb mis-selling and increase persistency. The proposed rules include a premium threshold for surrender charges and spreading out commissions. This is not the first time the regulator has addressed surrender charges.

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Actor Shreyas Talpade suffers heart attack

Actor Shreyas Talpade, aged 47, experienced a heart attack shortly after wrapping up a film shoot on Thursday evening. Following the incident, he was swiftly taken to an Andheri hospital, where he underwent angioplasty. The actor's family instructed the medical staff not to disclose specific details regarding his condition or the treatment administered. Talpade had been working on the film 'Welcome to the Jungle.' Throughout the day, he reportedly filmed various scenes, including minor action sequences, and was observed to be in good spirits, laughing, and joking on the set, according to unit members.

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US Fed holds key lending rate steady, signals cuts in 2024

The US Federal Reserve voted to keep interest rates at a 22-year high for a third straight meeting. The Fed's decision allows policymakers to determine the extent of any additional policy firming. The inclusion of the word 'any' dampens expectations of another interest rate hike. The decision keeps rates high as the Fed fights inflation towards a long-term target of two percent. The Fed also published updated economic forecasts, upgrading its growth outlook for this year and reducing it for 2024.

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US Federal Reserve likely to leave rates unchanged, signal drop in 2024

The US Federal Reserve is expected to keep interest rates unchanged but signal a gradual shift towards monetary policy easing. Quarterly economic projections will likely include rate cuts by the end of next year. Fed Chief Jerome Powell will emphasize that any rate cuts are contingent on further improvement in inflation. Recent data on producer prices suggests inflation is dropping faster than expected. The Fed meeting will provide views on inflation, unemployment, and GDP in the coming years.

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Relief for UK's Sunak as MP's vote in favor of Rwanda migration bill

UK lawmakers voted in favor of the government's plans to send migrants to Rwanda, despite objections from human rights monitors and a Supreme Court ruling declaring it illegal under international law. The Safety of Rwanda (Asylum and Immigration) Bill, supported by 313 MPs, aims to eliminate legal challenges to deportation orders and declare Rwanda a safe destination. However, it has caused division within Prime Minister Rishi Sunak's Conservative party, with some right-wing Tories calling for stronger proposals. The bill's passage is expected to face further political challenges with planned amendments in January.

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Retail inflation at 3 month high, IIP growth fastest in 16 months

Retail inflation in November rose to a three-month high led by surging food prices, while industrial output growth in October soared to a 16-month high, driven by robust manufacturing, electricity, and mining sector expansion. Inflation, measured by the consumer price index (CPI), increased by 5.6% annually in November, surpassing October's 4.9% but slightly lower than November 2022's 5.9%. The food price index rose to 8.7% during the month, with vegetable prices soaring 17.7% and pulses shooting up 20.2%.

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Israel starting to lose support, says Biden

US President Joe Biden urges Israeli Prime Minister Benjamin Netanyahu to change his hardline government and accept a Palestinian state, increasing pressure on Israel. Biden expresses concern over the bombing in Gaza and the high number of Palestinian civilian casualties. He emphasizes the need for Israel to make moves to strengthen regional unity and warns that Israel cannot reject the idea of a Palestinian state. Biden's national security adviser, Jake Sullivan, plans to travel to Israel to discuss the war in Gaza with Israeli officials.

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Why Airtel, Reliance Jio & Vodafone support this US bill

The Cellular Operators Association of India (COAI) is urging the Indian government to adopt a bill similar to the one proposed in the US Congress. The bill, called the Lowering Broadband Costs for Consumers Act of 2023, aims to make large internet apps contribute to infrastructure costs in order to lower broadband costs for consumers. It also proposes that the Federal Communications Commission (FCC) mandate social media platforms, streaming services, and other edge service providers to contribute to a universal fund for building networks. The bill classifies various services including social media platforms, streaming services, video gaming services, and search engines under edge service providers. COAI believes that this bill supports their stance and wants only large traffic generators to contribute to infrastructure costs in India.

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Bank of America appoints 334 new managing directors, down 8% from last year

Bank of America promoted 334 employees to managing directors, including 75 investment bankers and 64 trading division employees. The cohort is 8% smaller than the previous year, but over half are women and people of color. Goldman Sachs will promote 608 executives to managing directors next year, fewer than two years ago. Bank of America CEO Brian Moynihan expects the bank to outperform rivals in investment banking fees for Q4. The industry-wide investment banking fee pool is expected to decline by 10% to 15%.

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Retribution, grudge behind killing of Karni outfit chief?

The assassination of Karni Sena chief Sukhdev Singh Gogamedi seems to be fueled by the resentments of the Lawrence Bishnoi syndicate. Gogamedi was accused of abandoning protests against the encounter of gangster Anandpal Singh and allegedly misusing the funds collected in his name. The syndicate's grudge was further fueled by the proximity of Rohit Godara, Bishnoi's associate, to Anandpal's daughter. The caste angle to the killing has been dismissed by officials.

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COP28: Nations to set 7 climate adaptation goals for 2030

The ongoing UN climate summit released the first draft text on global goal on adaptation (GGA) which includes seven specific nationally determined targets. Countries will need to conduct risk and vulnerability assessments, establish early warning systems, and formulate national adaptation plans. However, the adoption of the GGA framework depends on consensus and increased climate finance mobilization by developed countries. The draft also addresses the language on the phase out of fossil fuels, a crucial topic of discussion at the summit.

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Vishnu Deo Sai, 59-yr-old tribal leader, to be next C'garh CM

Vishnu Deo Sai, a grassroots leader, has been chosen as the Chief Minister of Chhattisgarh. Known for his gentle demeanour, organisational skills, and tribal roots, Sai's rise to power follows his journey from interning on the political shop floor to earning his stripes on the big stage. With the BJP's massive victory in the state, where the tribal population accounts for over 32% of voters, Sai's appointment reflects the party's strategy to connect with the electorate and counter the aggressive brand of politics practiced by the opposition Congress party.

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India rejects 'secret memo' claim over Nijjar killing

India strongly rejects fake a report alleging a secret memo issued by the Indian government in April to take concrete measures against Sikh separatists, including Hardeep Singh Nijjar. Indian spokesperson dismisses the report as part of a sustained disinformation campaign against India and accuses the outlet as known for propagating fake narratives peddled by Pakistani intelligence. In September, Canadian Prime Minister Justin Trudeau alleged the potential involvement of Indian agents in the killing of Khalistani extremist Nijjar. India rejected the charges as absurd.

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Shooters who killed Sukhdev Singh Gogamedi arrested

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Horoscope Today: Read your daily astrological predictions

Read daily horoscope predictions for December 10, 2023: Know all about the astrological events and influences that will be affecting each of the 12 zodiac signs. Get ready to discover what the stars have in store for you today!

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Pistol, ammo recovered during search operation in J&K’s Rajouri

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Revanth Reddy Telangana CM, 4 Reddys in cabinet of 12

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EAM: US' Pannun inputs impact our national security

India decided to investigate the alleged plot to assassinate Sikh separatist Gurpatwant Singh Pannun after receiving inputs from the US, which were related to organized crime and national security. An inquiry committee has been formed to look into the matter. Canada did not provide any specific evidence or inputs regarding the killing of pro-Khalistan terrorist Hardeep Singh Nijjar. The US has urged India to participate in the Canadian probe, as Ottawa's claims are based on intelligence shared among the 'Five Eyes' countries.

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Pak N-weapons plan was always India-centric, says 1980 US cable

Pakistan's nuclear weapons programme has always been India-centric and focused on assuring that it will not suffer any strategic disadvantage. A 1980 cable released by the American embassy in Islamabad to the state department reveals that the US government is not optimistic about resolving the conflict over nuclear issues with Pakistan. The cable highlights the narrowness of local attitudes towards the proliferation hazards of sensitive nuclear technology.

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Tesla's Dojo supercomputer head leaves, former Apple exec to lead - Bloomberg News

Tesla's Dojo supercomputer project lead Ganesh Venkataramanan has left the company, Bloomberg News reported on Thursday citing people familiar with the matter. Peter Bannon, a former Apple executive and director at Tesla for the last seven years, is now leading the project, the report said. The Dojo supercomputer was designed to process vast amounts of data and video from Tesla cars to train the automaker's autonomous-driving software. The company did not immediately respond to a Reuters request for comment.

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Sensex nears 70k, Nifty 21k, BSE m-cap at all-time high

Sensex and Nifty closed at new highs for the third and fourth consecutive sessions, respectively. The Sensex reached an all-time high at 69,745 points, while the Nifty touched a new life high at 20,962 points. Improved investor sentiment, falling crude oil prices, and hopes of rate cuts by the US Federal Reserve boosted investors' confidence. Domestic funds had a net inflow of Rs 1,372 crore, while foreign investors were net sellers at Rs 80 crore. The day's gains added Rs 2.4 lakh crore to investors' wealth, with BSE's market capitalisation now at Rs 355.6 lakh crore.

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INDIA parties to attend Revanth Reddy's event today

The INDIA bloc parties plan to hold a joint meeting during the winter session to discuss seat-sharing for the 2024 Lok Sabha polls. In a show of coordination, TMC leader Mamata Banerjee will attend the meeting, while Rahul Gandhi has invited her to Telangana's swearing-in ceremony. The INDIA alliance leaders have been meeting every morning to coordinate floor strategy. However, there are concerns about the negative impact of alliance partners contesting against each other in the recent Hindi heartland state elections.

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HC snaps online proceedings as miscreants insert porn clips

The Karnataka high court has suspended video-conferencing and livestreaming services at its Bengaluru, Dharwad, and Kalaburagi benches due to unprecedented cybersecurity issues. Miscreants infiltrated the Zoom platform used by the court, playing pornographic videos during live proceedings. Livestreaming of proceedings on YouTube has also been halted. This incident reflects the trend of cyberattacks known as 'Zoom-bombing' that have targeted video conference calls during the Covid pandemic.

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Isro gears up to bring Lunar samples on Chandrayaan-4

Isro's successful propulsion module (PM) experiment for Chandrayaan-3 has boosted plans for Chandrayaan-4, which aims to bring back Moon samples. Isro chairman S Somanath revealed that the next mission will require docking of systems, and Isro is planning the Space Docking Experiment (SPADEX) to test this technology. SPADEX will also provide valuable data for space rendezvous technology, crucial for future space station missions. Isro is also working with Japan on the Lunar Polar Exploration (Lupex) mission.

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BNPL startup ZestMoney to shut down

ZestMoney, a Buy Now Pay Later (BNPL) startup, is shutting down its operations, affecting around 150 employees. The decision follows unsuccessful acquisition attempts by PhonePe, a larger peer, earlier this year. PhonePe's due diligence process did not meet its standards, leading to the deal's cancellation. Despite Walmart-owned PhonePe hiring some of ZestMoney's employees, the startup's co-founders stepped down, and a new leadership team was appointed. ZestMoney faced financial challenges, with losses increasing from Rs 125.83 crore in FY21 to about Rs 398.82 crore in FY22.

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Adani group stocks in heavy demand; Adani Green Energy jumps 9%

Adani group shares extended gains following state poll results, pushing the total market valuation of group companies to the Rs 12 lakh crore mark. Adani Green Energy, Ambuja Cements, Adani Enterprises, ACC, Adani Ports and Special Economic Zone (APSEZ), Adani Power, Adani Energy Solutions, Adani Total Gas, NDTV, and Adani Wilmar all saw significant increases in their share prices. The combined market capitalisation of all Adani group firms hit Rs 12 lakh crore, the first time since facing a slump earlier this year.

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ED, CBI now likely to step on the gas

PM Narendra Modi backs Centre's anti-corruption drive, claiming voters' support; warning to parties involved in corruption; ED and other agencies to continue their task; corruption charges against CMs and their family members dismissed as politically motivated; Delhi CM Kejriwal to expect fresh ED summons after elections; close confidants in jail, ex-minister out on bail; serious corruption charges against opposition leaders and their associates.

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A hat-trick for a hat-trick, bullish PM Modi predicts 2024

Modi asserts BJP's hat-trick in state elections as an endorsement of development and good governance, guaranteeing a hat-trick in 2024 Lok Sabha polls. Victory speech criticizes INDIA bloc for dividing people on the basis of caste and warns against appeasement, corruption, nepotism, and hindrances to development. Emphasizes zero tolerance for corruption, appeasement, and dynastic politics. Verdict supports probe agencies' campaign against corruption, indicating public mandate.

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35km from Silkyara, water leak from tunnel spooks villages

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India & China skip renewable pledge, 118 nations sign

India and China abstained from a pledge at the CO summit to triple global renewable energy generation capacity and double energy efficiency by 2030, aligning with India's stance to prioritize coal-fired power plants. India maintains that it does not want to compromise on power availability for economic growth and has kept the option to use coal until 2030. While committed to increasing non-fossil power capacity, India wants to negotiate the terms of any commitment to avoid hindering poverty alleviation efforts.

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Stage set for counting of votes in 4 states today; parties face crucial test ahead of LS polls

All eyes are on the outcome of the fiercely contested electoral battle in Madhya Pradesh, Rajasthan, Chhattisgarh, Telangana, and Mizoram. The counting of votes in these states will start today at 8am. These elections are crucial for the Congress and the BJP as the results will set the tone for the Lok Sabha elections next year. The exit polls predict that the Congress may win in Telangana and Chhattisgarh, while the BJP may win in Madhya Pradesh and Rajasthan.

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Comviva penalised Rs 1 lakh for delay in transferring CSR funds to PM Relief Fund

IT firm Comviva has been fined Rs 1 lakh for the delay in transferring unspent corporate social responsibility obligation to the Prime Minister's National Relief Fund, according to a regulatory filing. The Ministry of Corporate Affairs' Regional Director for the Northern Region ruled against Comviva's appeal and upheld the penalty. The delay was due to technical reasons, and Comviva is in the process of depositing the penalty amount with the Ministry of Corporate Affairs.

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Unwilling to return money, killers shoot hirer in UP

UP Police claims to have solved the murder case of a property dealer in Bulandshahr. The victim, Tejpal Singh, had hired contract killers to eliminate his wife due to a property dispute. The killers, unable to carry out the plan, decided to shoot Singh instead. The murder took place in Singh's house, which was locked from outside. The police had to break the door open. The killers faced difficulties due to the presence of CCTVs around the house.

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Satta market gives clear majority to BJP in Rajasthan

Trends in Rajasthan's biggest satta bazar suggest an absolute majority to the BJP in the upcoming assembly elections. The bookies are offering odds of 1.25 to 1 for BJP winning 117 seats and for Congress not winning more than 70 seats. Many prominent leaders, including Ashok Gehlot, Vasundhara Raje, and Sachin Pilot, are predicted to win their respective seats. However, the fortunes of some leaders are uncertain due to rebels contesting against them, such as BJP's Balaknath and Narpat Singh Rajvi, and Congress' B D Kalla and Harish Chaudhary.

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China’s SAIC signs JV with Sajjan Jindal to expand in India

JSW group will acquire a 35% stake in MG Motor India, a unit of China's SAIC. Jindal had been eyeing the auto industry for several years and chose MG Motor India as the Chinese company faced difficulties due to fund-raising restrictions. Jindal is expected to gain a majority 51% stake over the next few years as MG Motor goes for an IPO and new financial investors enter. The deal will provide Jindal with access to a range of automotive technologies and allow MG Motor to expand in India and pursue acquisitions.

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The average long-term US mortgage rate falls to 7.22%, sliding to lowest level since late September

The average long-term US mortgage rate fell for the fifth week in a row, benefiting prospective homebuyers in an unaffordable housing market. According to Freddie Mac, the average rate on a 30-year mortgage decreased to 7.22%, the lowest in 10 weeks. The decline in rates is encouraging for potential buyers, with purchase application activity rising. However, rates remain significantly higher than two years ago, limiting affordability for many Americans.

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