Top Trending Government News News & Highlights
AAP must leave its headquarters by June 15th, per a Supreme Court order.
The Aam Aadmi Party of Arvind Kejriwal will have to leave its headquarters, which are located on a plot of land designated for the High Court. The good news is that you still have until June 15 to act. The Supreme Court gave the party a long deadline because of the upcoming Lok Sabha elections, emphasizing that this is an encroachment case. The party may now submit an application for alternative land to the Land and Development Office of the Center.The bench, which included Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, stated, "We would request the L&DO to process the application and communicate its decision within a period of four weeks." The bench continued, "AAP has no legal right to remain on the land." The Delhi High Court was granted land in February to expand its operations and build more courtrooms for the Rouse Avenue location. The court had noticed that the AAP was intruding on this land. When considering a case involving the nation's judicial system, the highest court took notice of the issue.The state government promised at a meeting on February 15 that the plot would be removed in two months if a substitute plot was provided, in response to a court order. However, the situation remained unchanged. According to India's Chief Justice, DY Chandrachud, nobody has the authority to impose law on others. "It is absurd for any political party to sit on it. Every intrusion will be eliminated... The land should be given to the High Court so that it can be utilized by the general public and citizens, Justice Chandrachud stated.
Published 04 Mar 2024 05:31 PM
Article 21: The Constitutions Soul, with Citizens Liberty Supreme
According to the Supreme Court, Article 21 is the essence of the Constitution because it protects citizens' rights to liberty, which are so valuable that a person would lose them if the high court takes too long to decide cases pertaining to it. Amol Vithal Vahile, a prime accused in the murder of a corporator in Maharashtra, was granted bail by the Bombay High Court on January 29 following prodding from the top court, according to a bench of Justices B R Gavai and Sandeep Mehta.In a recent ruling, the bench stated that it is evident that prior to this court's order being issued on January 29, 2024, the high court had dismissed the bail application on one or more grounds rather than considering it on its merits.It goes without saying that Article 21 of the Indian Constitution is its core because it upholds the fundamental right to liberty for all citizens. It stated, "Depriving the party of their precious right guaranteed under Article 21 of the Constitution of India would mean not reaching a quick decision and brushing off the issue on one or the other basis pertaining to a citizen's liberty." The bench stated that it has encountered numerous cases from the Bombay High Court in which the applications for bail and anticipatory bail were not resolved promptly. The bench mentioned one instance where the application for anticipatory bail was pending for over four years. "We have also encountered many cases where the judges find an excuse to reroute the case on unrelated grounds rather than rendering a decision based on the merits of the case. As a result, we ask the chief justice of the Bombay High Court to communicate our request to all judges who have criminal jurisdiction so that the issue of bail and anticipatory bail can be decided as soon as possible," the bench stated.It requested that the Supreme Court's Registrar (Judicial) forward this directive to the High Court's Registrar (Judicial), who will present it to the Bombay High Court's chief justice. The bench stated on January 29 that, despite the fact that Vahile had been detained for more than seven years, on March 30, 2023, the high court had ordered him to appear before the trial court for regular bail.
Published 02 Mar 2024 06:02 PM
India Receives Its Second Space Port, Excitement for Rocket Startups
Today, Prime Minister Narendra Modi will lay the foundation stone for India's second launch site, Kulasekharapatnam, which is situated in the Thoothukudi district of Tamil Nadu. This will significantly advance the nation's spacefaring endeavors. The new launch pad has the small rocket community in India, including ISRO and startups, giddy with anticipation for more efficient small rocket launches.Up until now, all rockets used to launch satellites into orbit were launched from the nation's single spaceport, which was located in Sriharikota, Andhra Pradesh. To date, India has launched 95 rockets from Sriharikota, 80 of which have been declared successful. Renamed the Satish Dhawan Space Center, it began modestly in 1971 with the launch of a sounding rocket, the RH-125. The center is currently getting ready for India's human spaceflight project, Gaganyaan, to launch. Satish Dhawan Space Center has a distinct advantage—it is one of the world's southernmost rocket ports—but it also has a major disadvantage. The land mass of Sri Lanka presents a safety concern for rockets launching in polar or southerly directions because it keeps rocket debris from landing on foreign soil.In order to lessen this, ISRO has traditionally carried out a unique manoeuvre referred to as the "dogleg maneuver" in order to avoid Sri Lanka when conducting direct southward launches. Although there is a penalty for this maneuver, it can be tolerated for larger rockets with sufficient fuel, such as PSLV, GSLV, and LVM-3. But the advantages of using Sriharikota as the preferred launch site become clear as India gains proficiency in the launch of smaller rockets, such as the Small Satellite Launch Vehicle (SSLV), which can carry satellites weighing up to 500 kilograms. According to an ISRO rocket specialist, it becomes almost impossible to launch small rockets from Sriharikota in polar or southern trajectories with payloads weighing between 500 and 700 kg. As a result, Kulasekharapatnam has been chosen as the second launch site to address these issues because of its expanding small rocket market.
Published 28 Feb 2024 05:29 PM
Survey Says RBIs Paytm Action Won Affect Merchants Trust
Merchants' trust in the payment platform is unaffected by the severe limitations the Reserve Bank of India (RBI) placed on Paytm Payments Bank (PPBL), according to a survey done. According to Datum Intelligence, a Gurugram-based provider of business consulting and services, 59% of retailers still use Paytm and don't think the government crackdown will have an immediate effect on their business. The business conducted a survey with 2,000 business owners in 12 cities who accept payments through Paytm apps. According to a press release from Datum Intelligence, it was done between February 7 and February 15. Survey Says RBI's Paytm Action Won't Affect Merchants' Trust According to a Datum survey, 76% of retailers accept payments through Paytm. Merchants' trust in the payment platform is unaffected by the severe limitations the Reserve Bank of India (RBI) placed on Paytm Payments Bank (PPBL), according to a survey done. According to Datum Intelligence, a Gurugram-based provider of business consulting and services, 59% of retailers still use Paytm and don't think the government crackdown will have an immediate effect on their business. The business conducted a survey with 2,000 business owners in 12 cities who accept payments through Paytm apps. According to a press release from Datum Intelligence, it was done between February 7 and February 15. According to the survey, 21% of retailers are awaiting additional information The fact that a Paytm representative contacted them following the RBI ruling is what gives retailers their confidence. "After being contacted by a Paytm representative, 71% of merchants feel comfortable continuing to use Paytm for payments. According to the Datum Intelligence survey, only 11% of respondents are less confident about using Paytm for payments, and 14% of respondents are still looking for more information."Overall, the impact is limited on the merchant business and Paytm is engaging with merchants to reduce the damage and merchants are also waiting before deciding on alternatives," it added.
Published 28 Feb 2024 05:01 PM
Government News
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JN shouldn't cause you to panic.One COVID-19 variation is Health Minister
"In response to the introduction of the new COVID-19 variant JN.1, Health Minister Saurabh Bharadwaj urged Delhi residents on Wednesday to ""not panic."" He explained that although the strain is contagious, it is mild, with only a small number of patients requiring oxygen support. ""Take precautions, but don't panic—this [new variant] is not very dangerous. About 90% of patients are recovering while receiving treatment at home, Mr. Bharadwaj informed the media, noting that comorbidity patients were the focus of reports of deaths in other States."
For FY23, Unacademys revenue jumps 26% to Rs 907 crore while its loss cuts
The test-prep startup Unacademy reported that, despite constant layoffs at the company, its losses in FY23 decreased by 41% to Rs 1,678 crore. In FY23, employee-related expenses decreased by 28% to Rs 1,281 crore.The test-prep startup Unacademy reported that, despite constant layoffs at the company, its losses in FY23 decreased by 41% to Rs 1,678 crore. In FY23, employee-related expenses decreased by 28% to Rs 1,281 crore.In what was a difficult year for the startup environment, many modern businesses, like Myntra, ZestMoney, and Curefoods, reported stronger revenues for FY23, but their losses also increased.Revenue at Myntra rises to Rs 4,375 crore: The apparel retailer Myntra, which is owned by Flipkart, reported a 25% increase in operating revenue to Rs 4,375 crore in FY23, despite a 31% increase in losses to Rs 782 crore. The online fashion platform's largest expense, amounting to Rs 1,758 crore, was spent on advertising and promotional activities, representing a 35% increase over the previous year.Unacademy reduces losses to Rs 1,678 crore, or 41%: Unacademy, a startup providing test preparation, reported that its losses in FY23, which included several layoffs at the company, decreased by 41% to Rs 1,678 crore. The Bengaluru-based firm saw a 26% increase in sales to Rs 907 crore during the year, while costs associated with payroll decreased by 28% to Rs 1,281 crore.ZestMoney reports a loss of Rs 412 crore. ZestMoney, a troubled startup that has been searching for a buyer, declared a net loss of Rs 412.4 crore for the fiscal year 2023. On the other hand, while total expenses increased by 21% to Rs 662.2 crore, overall revenue for the buy-now-pay-later platform increased by 72% to Rs 250 crore.
Prime Minister Modi on Veer Bal Diwas: Sikh gurus taught Indians
Speaking on Tuesday, Prime Minister Narendra Modi said that Sikh gurus had inspired Indians to improve and develop their nation by teaching them to live for the beauty of their homeland. He was giving a speech at a ceremony called "Veer Bal Diwas" to honor the martyrdom of Guru Gobind Singh's two sons. According to PM Modi, their sacrifices are being honored not only in India but also around the world through initiatives in nations like Australia and the United States. We don't need to squander time or pause for a single moment. These lessons came from the gurus...We must live for the honor and glory of our nation. We must live for the benefit of the nation, PM Modi stated.
Karnataka LoP Arrested For Opposing Karsevak Shrikant Pujaris Arrest Regarding Babri Demolition
Legislative Assembly member and BJP leader R Ashoka was held by Karnataka police for allegedly inciting rioting following the 1992 demolition of the Babri Masjid. Ashoka had staged a demonstration against the state government over the detention of Shrikant Pujari. The BJP workers who have been protesting the arrest escalated their demonstration on Thursday by starting the 'I'm also a Karsevak, Arrest Me Too' campaign.LoP Karnataka Legislative Assembly & BJP politician R Ashoka was taken into custody by the police, according to ANI. Along with party members, he was demonstrating against the state government over the detention of Shrikant Pujari, who was taken into custody for his alleged role in the rioting that followed the 1992 demolition of the Babri Masjid.LoP Karnataka Legislative Assembly & BJP politician R Ashoka was taken into custody by the police, according to ANI. Along with party members, he was demonstrating against the state government over the detention of Shrikant Pujari, who was taken into custody for his alleged role in the rioting that followed the 1992 demolition of the Babri Masjid.
2023s Military Innovations and What Defense Technology Can Expect in 2024
Amidst escalating geopolitical tensions worldwide, several nations, such as Russia and India, spearheaded military innovation in 2023. Sputnik India takes a look back at some of the most inventive weapons from the previous year. In 2023, a number of cutting-edge weapon systems made their debuts. Russia, in particular, used its most advanced defense hardware in Ukraine, where the Eurasian sovereign state was engaged in a special military operation against the forces of Volodymyr Zelensky, the leader of that country.India, a longstanding strategic ally of Moscow, was not going to lag behind in terms of military hardware as New Delhi expanded its stockpile in response to the Indo-Pacific region becoming as the center of attention for world geopolitics. It's interesting to note that in 2023, Indian armaments and ammunition production and exports reached a record high.India's Defence Ministry (MoD) reports that during the current fiscal year, the South Asian nation exported military equipment valued at INR 16,000 crore ($1.95 billion). The figures indicate a $360 million increase in exports compared to the previous fiscal year.Additionally, BJP officials informed the media that it is unlikely for the panel to accept requests from rival parties' defectors that they be appointed to prestigious posts in exchange for their allegations. Senior members of the saffron party gathered in New Delhi to plan for the impending parliamentary elections and the dedication of the Ram Temple in the Uttar Pradesh city of Ayodhya. These members included Federal Ministers Bhupendra Yadav, Ashwini Vaishnav, Chief Himanta Biswa Sarma of the Assam State, and general secretaries Tarun Chugh and Sunil Bansal.
A New Panel Is Formated by the BJP to Examine New Hires Before the 2024 Elections
With the new panel, the federally dominant BJP hopes to assess potential members' devotion in advance of the 2024 parliamentary elections. A new panel has been established by the Bharatiya Janata Party (BJP) to screen lawmakers from other parties who may want to join the party before the March–April 2024 general elections.The panel will determine whether to accept or reject the politicians who wish to join the party, according to media reports citing party sources. The BJP seeks to reduce the possibility of enlisting supporters who might turn against them if they are elected to the legislature. Only after receiving consent from the committee will anyone wishing to cross the floor be permitted to participate. It is anticipated that the committee will convene for the first time on January 6.
President Muizzu of the Maldives arrives in China for a closely monitored state visit
The visit to China by Maldivian President Mohamed Muizzu takes place against the backdrop of a diplomatic spat between India and the Maldives following remarks made disparagingly about Prime Minister Narendra Modi. At the invitation of Chinese President Xi Jinping, Maldivian President Mohamed Muizzu landed in China on Monday and will stay for five days till January 12, according to an official announcement.During his visit, Muizzu is also expected to meet with business executives and senior Chinese government officials at the "Invest Maldives Forum," according to the presidency. China is currently the Maldives' biggest creditor; Male owes Beijing around $1.3 billion in debt obligations. Beijing is among the nation's largest investors and economic partners; in 2017, the two governments signed a Free Trade Agreement (FTA). The Maldives has also ratified the Belt and Road Initiative (BRI), which is supported by Beijing.
Odisha is investing more than Rs 2,500 crore to help millet farmers with their income and way of life.
"On Thursday, Odisha Chief Minister Naveen Patnaik announced that his government is investing more than Rs 2,500 crore to help the state's millet farmers with income and livelihood support. The Odisha Millets Mission was recently started by the state government in 2017 with the goal of restoring the cereal's ecosystem.Odisha has been the ""pioneer in designing a people-centric Millet Mission with focus on livelihood and nutrition of tribal communities"" , according to him. According to Patnaik, ""My government will make every effort to turn Odisha into a millet center of excellence and contribute to economic growth, wellbeing, and health of the people of Odisha."" He emphasized that Odisha is the first state to organize an international convention involving all the stakeholders, noting that the UN has declared 2023 to be the International Year of Millets. In the millet value chain, the chief minister commended the work of the Mission Shakti Women Self Help Groups (SHGs). These Self-Help Groups, operating under the name Millet Shakti, have demonstrated to the world the significant role that millet-based businesses can play in enhancing livelihoods. "
V Ramaswamy Resigns from the Presidential Race and Backs Trump Following Victory in the Iowa Caucuses
Entrepreneur Vivek Ramaswamy, who is Indian-American, withdrew from the 2024 US presidential contest today and declared his endorsement of Donald Trump following a lackluster showing in the Iowa Republican primary. Despite being relatively unknown in political circles when he entered the race in February 2023, Mr. Ramaswamy was able to attract the attention and support of Republican voters by emphasizing America first and holding strong views on immigration. His campaign strategy, in terms of both tone and policy, was very similar to that of the former president Trump. Mr. Ramaswamy aimed to reach out to the conservative support base that had helped Trump win earlier elections.Trump's victory in Iowa that same evening cemented his standing as the front-runner for the Republican nomination.Born in Ohio to Keralan immigrants, Mr. Ramaswamy became one of the surprise candidates in a Republican field still heavily influenced by Trump's name. But in the final days before the Iowa caucuses, Mr. Ramaswamy found himself under fire from Trump, who publicly attacked him, calling him a "fraud" on his social media platform Truth Social and saying that supporting the Indian-American represented siding with the "other side."
Bharat Ratna award to Karpoori Thakur reflects Modi governments desperation, hypocrisy: Congress
The Congress on Wednesday welcomed the decision to confer Bharat Ratna to former Bihar chief minister Karpoori Thakur and said it reflects the Narendra Modi government's desperation and hypocrisy. Thakur was a champion of social justice and conducting a nationwide caste census would be an appropriate tribute to him, Congress general secretary Jairam Ramesh said."Even though it reflects the Modi Govt's desperation and hypocrisy, the Indian National Congress welcomes the posthumously awarded Bharat Ratna to the champion of social justice Jannayak Karpoori Thakurji," Ramesh said in a post on X. "'Bhagidari Nyay' is one of the five pillars of the Bharat Jodo Nyay Yatra. It will need a nation-wide caste census as a starting point."Rahul Gandhi has been consistently advocating this but the Modi Government has all along refused to release the results of the Socio Economic Caste Census 2011 and also refused to commit itself to conduct an updated nation-wide caste census which will be the most appropriate tribute to Jannayak Karpoori Thakurji," he said. Two-time Bihar chief minister Karpoori Thakur has been named for the country's highest civilian award Bharat Ratna posthumously, a Rashtrapati Bhawan communique said on Tuesday on the eve of the birth centenary of the fountainhead of OBC politics in Bihar.Thakur, who passed away in 1988, was the first non-Congress socialist leader who became chief minister twice -- first for seven months in December 1970 and later for two years in 1977."The President has been pleased to award Bharat Ratna to Shri Karpoori Thakur (posthumously)," the communique said. Thakur, known affectionately as 'Jan Nayak' (people's leader), is the 49th recipient of the country's highest civilian award. The award was last conferred on late president Pranab Mukherjee in 2019.Born on January 24, 1924 in Nai samaj (barber society), Thakur is credited in Bihar politics for enforcing total prohibition of alcohol in 1970. The village where he was born in Samistupur district was renamed after him as Karpuri Gram.
Tata Power, Indian Oil Corp tie up to deploy over 500 EV charging points across India
Tata Power EV Charging Solutions Limited (TPEVCSL), a Tata Power Group Company and one of the leading EV Charging solutions providers, and the IOCL have signed a memorandum of understanding (MoU) to roll out fast and ultra-fast electric vehicle (EV). charging points across India. Tata Power on Monday said its subsidiary Tata Power EV Charging Solutions has inked an agreement with India Oil Corporation Ltd (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install EV charging points across multiple IOCL retail outlets, a statement said. Tata Power EV Charging Solutions Limited (TPEVCSL), a Tata Power Group Company and one of the leading EV Charging solutions providers, and the IOCL have signed a memorandum of understanding (MoU) to roll out fast and ultra-fast electric vehicle (EV). charging points across India. These EV charging points will be installed in major cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as across major highways such as the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway and the Golden Quadrilateral. This strategic collaboration focuses on building a reliable and expansive intercity charging network which will help alleviate range anxiety for EV owners traveling between cities. Virendra Goyal, Head -Business Development-EV Charging, Tata Power, said, "Our partnership with IOCL is a strategic move towards establishing a robust EV charging network in the country. Leveraging IOCL's extensive presence, Tata Power will set up fast and superfast charging. points in multiple regions." The EV users will have a dual advantage of a seamless EV charging experience through the 'Tata Power EZ Charge' app and 'IndianOil e-Charge' mobile app that can be used to locate and book the chargers at their convenience. Representing IOCL, Saumitra Shrivastava, Executive Director (Retail-N&E) expressed the Corporation's commitment to adapting to the rising trend of electric vehicle penetration."IOCL envisages to provide 10,000 EV charging stations by 2024 transforming retail network to complete energy solutions outlets. With more than 6,000 EV charging stations at present, the company plans to keep expanding its reach," Shrivastava said.Tata Power has established itself as a leader in the electric vehicle charging domain, with a substantial market share of nearly 60 per cent.
2024 Hyundai Creta Facelift Launched In India; Know Specifications HERE
"The Automatic variants of the Hyundai Creta 2024 facelift introduce Drive Modes, offering three options - Eco, Normal, and Sport. The highly anticipated 2024 Hyundai Creta Facelift made its debut in the Indian market, ushering in a new era of design and features. This mid-life cycle update promises a significant aesthetic makeover, distinguishing itself from its pre-facelift counterpart. Here’s a detailed look at what the facelift brings to the table. Equipped with a McPherson strut and coil springs at the front and a coupled torsion beam axle at the rear, the Creta ensures a dynamic and comfortable ride. The 2024 variant maintains the same wheelbase of 2610mm while measuring 2610mm in length, 1790mm in width, and 1635mm in height.The Automatic variants of the Hyundai Creta 2024 facelift introduce Drive Modes, offering three options – Eco, Normal, and Sport. Additionally, the SUV features three traction modes, including Snow, Mud, and Sand, providing adaptability for diverse driving conditions. The interior of the new Creta boasts fabric seats in lower variants, semi-leather in mid variants, and luxurious leather seats in the top SX(O) variant. Adding to the premium experience, the Panoramic Sunroof, a popular feature, will be available from the S(O) variant onwards, with voice-assisted smart functionality in the top SX, SX Tech, and SX(O) variants.The 2024 Hyundai Creta Facelift retains the 1.5L U2 CRDi Diesel Engine, delivering 113 bhp and 250 Nm of torque. The diesel engine offers flexibility with a choice between a 6-speed manual or a 6-speed torque converter automatic transmission. The SUV also continues with the 1.5L Mpi Petrol Engine, producing 113 bhp and 143.8 Nm of torque, paired with either a 6-speed manual or a CVT gearbox. "
France and India Decide To Step Up Their Collaboration In The Southwest Indian Ocean
Building on their joint surveillance missions conducted from the French island of La Reunion in 2020 and 2022, India and France have decided to step up their cooperation in the Southwest Indian Ocean. The two nations applauded the expansion of those exchanges into India's maritime neighborhood as well. Following French President Emmanuel Macron's visit to India for the Republic Day celebrations, the two countries released a joint statement suggesting that these interactions could have a positive impact on the securitization of strategic sea lanes of communication.The leaders emphasized how important the area is to their individual sovereign and geopolitical goals. The importance of their partnership in the region for the development of a free, open, inclusive, safe, and peaceful Indo-Pacific and beyond was also acknowledged. Citing the July 2023 finalized Comprehensive Roadmap for the Indo-Pacific, they conveyed satisfaction with the growing scope of their involvement in the area.The joint statement states that the India-France partnership in the Indo-Pacific area, which encompasses a wide range of bilateral, multinational, regional, and institutional initiatives, particularly in the Indian Ocean Region, has its foundation in the defence and security partnership. According to the statement, PM Modi and French President Macron promised to revive trilateral cooperation with Australia, strengthen their relationship with the UAE, and look into establishing new ones in the area.The two leaders requested that their governments come up with specific project ideas after realizing the value of cooperative and multilateral efforts in promoting human welfare, resilient infrastructure, innovation, and connectivity in the region as well as sustainable economic development. In the joint statement, the two leaders also demanded that the Indo-Pacific Triangular Development Cooperation Fund be established as soon as possible to help with the expansion of green technology development in the area. They decided to look into ways to coordinate Pacific-wide economic initiatives and programs. The French Development Agency was acknowledged by both leaders for its work in India. The two leaders talked about how the India-Middle East-Europe Corridor (IMEC) was introduced in September 2023 in Delhi, outside of the G20 Summit. Prime Minister Modi received praise from President Macron for spearheading this momentous project. Both leaders concurred that this project would be extremely important strategically and would improve the potential and robustness of the energy and trade flows between Europe, the Middle East, and India.The project's Special Envoy, President Macron, was duly appointed, a development that Prime Minister Modi welcomed. The two leaders also recalled talking about other connectivity projects that would connect Southeast Asia to the Middle East and Africa during their July summit in Paris, and they decided to look into particular projects. PM Modi and President Macron reaffirmed their call for effective multilateralism that is reformed in order to address urgent global challenges, maintain a just and peaceful international order, and get the world ready for new developments, particularly in the economic and technological spheres. PM Modi and President Macron reaffirmed their call for effective multilateralism that is reformed in order to address urgent global challenges, maintain a just and peaceful international order, and get the world ready for new developments, particularly in the economic and technological spheres. France reaffirmed its unwavering support for India's UNSC permanent membership. The two leaders decided to have more in-depth discussions about how to govern the use of the veto in the event of mass atrocities. The two leaders concurred that the Paris Global Financing Summit and the G20 Summit in Delhi had highlighted the necessity of reforming Multilateral Development Banks to make them larger, better, and more efficient in order to be able to address the related issues of climate change and development in developing and least developed nations.
Prime Minister Benjamin Netanyahu calls the accusation of genocide against Israel "outrageous
The accusation of genocide made against Israel, according to Israeli Prime Minister Benjamin Netanyahu, is "outrageous" and "decent people everywhere should reject it." In response to South Africa's genocide claim against Israel being rejected by the International Court of Justice (ICJ), the Israeli Prime Minister declared, "The charge of genocide levelled against Israel is not only false, it's outrageous, and decent people everywhere should reject it." Speaking on the eve of International Holocaust Remembrance Day, Prime Minister Netanyahu declared, "Never Again." Israel will not give up its defense of itself against the murderous terrorist group Hamas."According to him, Israel's sacred commitment to upholding international law and continuing to defend "our country and defend our people" are both unwavering. Israel has the inherent right to self-defense, just like any other nation. It is obvious discrimination against the Jewish state to attempt to deny Israel this fundamental right, and it was rightly rejected." The International Court of Justice in the Hague on Friday ordered Israel to 'take all measures' to prevent genocide in Gaza. However, the court did not order that a ceasefire be implemented.The court voted 15 to 2 in favor of its decision. Israel was also mandated to submit a report to the court within a month. Netanyahu, the prime minister of Israel, stated: "On October 7, Hamas perpetrated the most horrific atrocities against the Jewish people since the Holocaust, and it vows to repeat these atrocities again and again and again." He declared that Israel is not fighting Palestinian civilians, but rather Hamas terrorists. "We will continue to facilitate humanitarian assistance, and to do our utmost to keep civilians out of harm's way, even as Hamas uses civilians as human shields."
Will Use Arrow To Hunt Lion: Bilawal Bhutto Warns Nawaz Sharif Before Pakistani Elections
As he vowed to hunt the "Lion" with "Arrow," Pakistan Peoples Party chief Bilawal Bhutto-Zardari poked fun at the leaders of the Nawaz Sharif-led PML-N party for not trying to win the polls on February 8 because they believed the result was "fixed" in their favor. Speaking at a rally in Multan, the 35-year-old former foreign minister—the scion of a family that produced two prime ministers for the country—said that voting for the Pakistan Peoples Party (PPP) was the only way to stop Sharif and his allies from plundering the nation.According to Bhutto-Zardari, leaders of the Pakistan Muslim League-Nawaz (PML-N) did not leave their homes and anticipated winning the election without making an attempt to engage with voters, believing they had "fixed the match," but this is untrue. She went on to say that the PPP and its allies would work together to hunt the "Lion" with the "Arrow." The PML-N's poll symbol is the lion, while the PPP's is the arrow. Separately, Bilawal invited Sharif to a candid discussion about the issues confronting the nation in a post on X."[International norms dictate that] the PML-N candidate (Nawaz Sharif) should come forward and engage in a debate with me as a PPP candidate running for the PM post [in the upcoming general elections]," he said on the official X account. Bilawal was announced as the party's nominee for prime minister in the upcoming general elections earlier this month. "I extend an invitation to Nawaz Sharif, the PML-N candidate, to participate in a debate with me on any day before February 8," stated Bilawal.He claimed that in every country, candidates for president and prime minister take part in televised debates, giving the public vital information about their platforms. "Transparency is essential for a knowledgeable electorate prior to the election," he continued. At the Multan rally, Bilawal vowed to bring the nation together and address public issues, such as the security and economic conditions, while criticizing traditional political leaders for fomenting division and hatred for their own personal gain. He attacked rival political parties for their disregard for the issues facing the nation and their narrow concentration on acquiring power.In an apparent jab at Sharif, Bilawal stated, "Politicians who have held the Prime Minister's Office thrice are angling for the chair for a fourth time." According to Bilawal, the former three-time prime minister was uninterested in addressing the urgent problems that the populace was facing. He chastised the PML-N for failing to even release its manifesto. In addition, he said that the PML-N leaders were attempting to mimic the PPP's platform.
Supreme Court to Have Chief Justice Lead Special Ceremonial Bench as it Turns 75
New Delhi: The Supreme Court will celebrate its 75th anniversary tomorrow with a special ceremonial bench. The composition of the bench will be set up to replicate the Supreme Court's inaugural session on January 28, 1950. Sources claim that Chief Justice of India DY Chandrachud is leading the first-ever assembly of this ceremonial bench. Prior to the start of the ceremonial sitting, Prime Minister Narendra Modi will take part in the program.The Chief Justice Chandrachud's courtroom will house the ceremonial bench. There will be attendance from all 34 Supreme Court justices, including Chief Justice Chandrachud. Chief Justices of all 25 high courts will be present, as was the case in 1950. The meeting will be broadcast live online. According to sources, the purpose of the ceremonial sitting is to reassure the public that the judiciary will always act as the Constitution's guardian.To finalize tomorrow's event, sources said Chief Justice Chandrachud held consultations and examined pictures of the Supreme Court's original bench from 1950. Judges of the high courts had previously sat on the same bench as the Supreme Court. Therefore, the bench has been ready to hold the 25 Chief Justices of the High Court, but only in their capacity as judges, for tomorrow's event, since all 34 Supreme Court judges will be seated on it in Chief Justice Chandrachud's courtroom.The court registry states that the livestream will run for thirty minutes. The event is expected to showcase digital initiatives taken by the Supreme Court under Chief Justice Chandrachud's leadership.The programme will include the inauguration of the Supreme Court's new website.
Entrepreneurship World Cup 2024 Malaysia Final Officially Announced
Kaula Lampur, Malaysia – In a momentous announcement at the RCEP Tech Forum, the Steering Committee members of the Entrepreneurship World Cup (EWC) Malaysia unveiled the details for the highly anticipated EWC Malaysia 2024 Final. The announcement was made by the Management Committee members, Raffles Chan and Zentrix Chiu, who provided a brief introduction to the Global Entrepreneurship Network and the rich history of the Entrepreneurship World Cup global final. The Steering Committee members present at the event included Herman Syah Abdul Rahim, Chief Investment Officer, Kumpulan Modal Perdana Sdn Bhd (KMP), Arsalaan (Oz) Ahmed, Chairman, mmob, and Melissa Chin representing Noor Amy Ismail, Chief Operating Officer, Malaysia Venture Capital Management (MAVCAP). The distinguished committee members discussed their crucial roles in EWC and highlighted the competition's significance for Malaysia. They emphasized how EWC contributes to fostering a robust economy, generating employment, and attracting innovation to the country. “EWC is not merely a contest, it is a catalyst for economic development, job creation and innovation. The innovations that will emerge from this competition have the potential to revolutionize industries, attract investments, and position our country as a leader in the respective sector.”, said Herman Syah Abdul Rahim“The EWC Malaysia provides a unique opportunity to profile Malaysian companies at an idea, early and growth stage to a global audience of potential clients and investors. The EWC Malaysia also fosters the growth of the Malaysian entrepreneurial eco-system and therefore also supports innovation and potential economic growth for the country.”, said Arsalaan (Oz) Ahmed.“As the largest Venture Capital in the country, we’re responsible to continue enhancing and strengthening our VC ecosystem. Bringing EWC to Malaysia is one of our initiatives in charting our future VC ecosystem globally.”, said Noor Amy Ismail. Karunjit Kumar Dhir, a Partner at Kuber Ventures and another member of the Steering Committee, was unable to attend the event. However, he extended his best wishes to the team for the successful launch of the EWC Malaysia 2024 Final.The EWC 2024 Malaysia Final promises to be a showcase of entrepreneurial talent and innovation, providing a platform for startups to gain international recognition and support. The event aims to bolster Malaysia's position in the global startup landscape, fostering economic growth and establishing the country as a hub for entrepreneurial excellence.Swethal Kumar, CEO of Startupscale360, expressed enthusiasm about being the proud national organizer of the Malaysia edition. He stated, "We are fully committed to making the Malaysian ecosystem more vibrant with the support of key enablers of the startup ecosystem. Our goal is to create more employment opportunities, attract international startups to the Malaysian market, bring forth innovations, and expand the business of Malaysian startups to the global market through the Entrepreneurship World Cup. It's more than just a competition; it's a golden opportunity to showcase innovative ideas on a global stage."
In Jaipur, French President Macron to explore pink citys living past
French President Emmanuel Macron will kick-start his two-day trip to India on Thursday by visiting Jaipur's stunning hilltop fort of Amber, iconic Hawa Mahal and astronomical observation site of Jantar Mantar. Macron will be the chief guest at the 75th Republic Day celebrations on January 26 at Delhi's Kartavya Path that would make him the sixth leader from France to grace the prestigious annual extravaganza. In his nearly six-hour stay in Jaipur, Macron will also join Prime Minister Narendra Modi in a road show before the two leaders hold wide-ranging talks at luxury hotel Taj Rambagh Palace on all key aspects of bilateral India-France ties and various geopolitical upheavals. In Jaipur, President Macron will visit Amber Fort, Jantar Mantar, Hawa Mahal, besides participating in a road show, officials said, refusing to elaborate further. The French president's aircraft is scheduled to land at Jaipur airport at 2:30 PM on Thursday and he will depart for Delhi at around 8:50 pm, according to the Ministry of External Affairs.The road show is scheduled to start at Jantar Mantar area at 6 pm while Modi and Macron are set to begin their talks at 7:15 pm. Ways to boost bilateral cooperation in a range of areas, including digital domain, defence, trade, clean energy, youth exchanges, easing of visa norms for Indian students are set to be the focus of the talks, sources said.
Market Outlook for 25 January 2024
Our markets witnessed high volatility ahead of the F&O expiry day. Nifty sneaked below 21200 mark during the day, but it recovered sharply towards the end and closed above 21450 with gains of about a percent from previous day’s close. Nifty Today: Nifty has corrected sharply in last few days from the high of 22124 to sub-21200 levels. The volatility has increased recently and when the range is broad, the 40-day EMA becomes an important level for the short term. This average support is placed around 21200 and the Nifty index has managed to recover and close well above this support in Wednesday’s session. Although the daily RSI remains negative, the readings on the hourly charts have given a positive crossover from the oversold zone and hence, we could see a pullback move in next few sessions. Thus, although the intraday volatility could remain high, the index can see some pullback towards 21600-21700 zone while 21300-21200 would be seen as immediate support. Traders are advised to trade with a stock specific approach for a while.
Indian Railway Finance Corporation share price Today Live Updates
Indian Railway Finance Corporation Share Price Today : The last day of trading for Indian Railway Finance Corporation saw an open price of ₹164.18 and a close price of ₹161.48. The stock had a high of ₹173.14 and a low of ₹150.81. The market capitalization for the company is ₹224,595.34 crore. The 52-week high for the stock is ₹160.89, while the 52-week low is ₹25.45. The BSE volume for the day was 30,763,279 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Indian Railway Finance Corporation share price NSE Live :Indian Railway Finance Corporation trading at ₹174.21, up 1.37% from yesterday's ₹171.86. The stock price of Indian Railway Finance Corporation (IRFC) is currently ₹174.21, with a percent change of 1.37 and a net change of 2.35. This indicates that the stock has seen a slight increase in value. However, without further information, it is difficult to determine the overall trend or significance of this change.
Share Market Highlights: Sensex, Nifty close around 1% up; Broader markets, sectoral indices rallied
Sensex Today | Share Market Highlights: After a bout of choppy trading, both the benchmark indices consolidated in the green after opening in the red. Although they had dipped in the negative zone a few times through the day.Stocks gained as investors rewarded companies for positive earnings updates and as China’s latest move to stimulate its economy boosted resources shares.Europe’s Stoxx 600 index climbed 0.8% as mining stocks jumped the most in almost six weeks after the People’s Bank of China said it would cut the reserve requirement ratio for banks on Feb. 5. The move should boost the economy by freeing up liquidity for customer loans and bond purchases. US equity futures gained, led by tech stocks, after Wall Street set fresh closing highs on Tuesday. Asian stocks advanced, with Chinese shares traded in Hong Kong extending their rally after the stimulus news. Japanese government bond yields and bank stocks jumped Wednesday as investors decided that monetary policymakers are on track to scrap negative interest rates in the near term after all.As traders increased bets that the Bank of Japan will push ahead in the next few months with its first rate hike since 2007, 10-year note yields climbed as much as 10.5 basis points. Shares of Japanese banks, who have struggled through decades of deflation, rose on expectations higher interest rates will improve their lending margins.Elsewhere, the timing and extent of expected Federal Reserve rate cuts this year have dominated markets in recent weeks with less attention paid to Japan’s central bank. That left economists looking more bullish over the BOJ’s looming move than market players. After a day of choppy trading, both the benchmark indices ended in the green, around 1% above the previous day's close, after they had opened in the red.At close, Sensex was up 689.76 points, or 0.98%, at 71,060.31, Nifty was up 215.15 points, or 1.01%, at 21,453.95.Broader market indices also closed up 1%, whereas among sectoral indices, only the Nifty Private Bank ended the day in the red.Global shares rose on Wednesday, fuelled by positive tech earnings and optimism Chinese authorities will offer support to its stock markets, while the dollar showed resilience on growing expectations the U.S. Federal Reserve won't rush to cut rates.European stocks climbed 0.8%, with tech stocks adding over 3.6% to their highest in two years. Investors are also focused on manufacturing purchasing managers' index (PMI) figures - seen as a good gauge of economic health - from the euro zone, Germany, France and Britain later in the day.The European Central Bank (ECB) meets on Thursday and is widely expected to keep rates unchanged - though traders are pricing in as much as 130 basis points of interest rate cuts this year. Wall Street was set to gain, with e-mini futures for the S&P 500 up 0.4% as investors focused on a slew of earnings. The yield on 10-year U.S. Treasury notes was last at 4.097%, while the two-year Treasury yield, which typically moves in step with interest rate expectations, was at 4.314%.Markets are now pricing in a 47% chance of a rate cut in March from the Fed, according to the CME FedWatch tool, compared to the 88% chance of a rate cut priced in a month earlier.The MSCI world equity index, which tracks shares in 47 countries, gained 0.3%. The MSCI's broadest index of Asia-Pacific shares outside Japan gained 1%. Still, the index is down around 4.7% so far this month.After a bout of choppy trading, both the benchmark indices consolidated in the green after opening in the red. Although they dipped in the negative zone a few times through the day.At 3 pm, Sensex was up 683.54 points, or 0.97%, at 71,054.09, Nifty was up 211.30 points, or 0.99%, at 21,450.10.
