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Cost of Living LIVE Updates January 03: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

KYIV: Ukraine's two largest cities came under attack early Tuesday from Russian missiles that killed five people and injured as many as 130, officials said, as the war approached its two-year mark and the Kremlin stepped up its winter bombardment of urban areas. Air defenses shot down all 10 of the Russian Kinzhal missiles, which can fly at 10 times the speed of sound, out of about 100 of various types that were launched, said Gen. Valerii Zaluzhnyi, Ukraine's commander-in-chief. But other missiles got through in Kyiv and in Kharkiv, the provincial capital of the northeastern region.

The word “crisis" is overused, but it accurately describes what Ukraine faces as 2024 begins. According to a recent report in the Washington Post, troops on the front line are running out of ammunition. Artillery shells are being rationed, forcing the Ukrainians to cancel planned assaults and making it hard to hold defensive positions against Russian attacks.

Russian tax authorities will start collecting taxes in digital rubles from 2025, with banks also handed powers to block “suspicious-looking” CBDC transactions.

Indian Oil Corp. Ltd and Oil India Ltd own 3.5% each, with PdVSA and Spanish energy major Repsol holding 71% and 11%, respectively.

90 Day: The Single Life premiered, bringing with it more relationship drama and dating-related adventures to the 90 Day Fiance franchise's fans. With the revelation of the spin-off, audiences are looking forward to watching every episode. How to watch the 90 Day: The Single Life — Season 4 online?

A strong pick-up in private investment is yet to materialise, and the desirable overall investment rate of 35% is still “some distance away”, says TT Ram Mohan, member, Prime Minister’s Economic Advisory Council. In an interview with Priyansh Verma, Mohan says that India’s economy in FY25 will grow at a slower rate than the projected 7% in the current fiscal. “It may be appealing to talk of taking our growth rate to 8% but such talk will not take us anywhere,” he notes. On RBI’s monetary policy, Mohan says that India is not in a position to sacrifice growth in order to reach the 4% inflation target in the short-term.

Omron Healthcare, the world's largest maker of home blood pressure monitoring (BPM) devices, is betting big on India where the number of people suffering from hypertension is on rise as the population ages and lifestyles change. In an interview to ET, Tetsuya Yamada, managing director of Omron Healthcare India, said the device maker plans to expand its footprint in India and go beyond metro cities, roll out new products, strengthen online distribution, and partner local pharmaceutical companies and startups to raise awareness. «India has just 2% penetration of home BPM; when compared to BRICS it is very low.

The elections year: 2024 is going to be the year of elections. An estimated number of over 4.1 billion people out of the total global population of over 8 billion are living in countries that will go to polls in 2024. According to Bloomberg, countries that contribute 80% of the world market cap and 60% of global GDP will be voting.

₹5,942 per bbl, having swung between ₹5,935 and ₹6,148 per bbl during the session, against a previous close of ₹6,027 per barrel. Also Read: India increases oil imports from Saudi as Russian purchases fall to 11-month low in December -A Reuters survey of economists and analysts predicted that Brent crude would average $82.56 a barrel this year, up slightly from the 2023 average of $82.17, with weak global growth expected to cap demand. Geopolitical tensions, however, could provide price support.

ALSO READ: BRICS Summit 2023 Highlights HERE "Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates joined BRICS as new full members which is a strong indication of the growing authority of the association and its role in international affairs," the Russian president said. 1. In a statement on the start of Russia's BRICS Chairmanship, Putin said in the statement published on the Kremlin website that the Russian 2024 BRICS Chairmanship will "focus on positive and constructive cooperation with all countries concerned".

BRICS bloc of top emerging economies, including India, Russia and China, has announced induction of five full members into it as part of an attempt to expand its strategic heft against the backdrop of Western dominance in world affairs. As Moscow assumed the presidency of BRICS, Russian President Vladimir Putin said on Monday that the grouping has become a 10-nation body now with Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates joining it as new members.

Every month, Mint’s Plain Facts section brings out an update on key global economic data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts attempt to explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India. This time, we explain the impact of the attacks on vessels in the Red Sea on world trade and the policy pivot by the US Federal Reserve signalling rate cuts this year.

Jr NTR returns from Japan after series of powerful earthquakes jolt the country According to the Japan Meteorological Agency, more than 140 tremors were detected since the quake first hit on Monday. The agency has warned more strong shocks could hit in the coming days. The Japanese government has sent around 10,000 quake survivors to sports halls and school gymnasiums, commonly used as evacuation centres in emergencies.

Vladimir Putin on Monday after an unprecedented Ukrainian attack over the weekend on the Russian city of Belgorod that killed 25 people including five children. This came after Moscow launched a large-scale attack on Ukrainian cities. Kyiv also said Russia had targeted the country with a "record" number of drones on New Year's Day, AFP reported.

public sector and have been rewarded handsomely for their efforts. Public sector enterprises are leading the market capitalisation sweepstakes on specific government policies, and the expectation of policy continuity is fanning the exuberance. NTPC and Coal India have benefited from India's stand at climate talks that coal should not be singled out among fossil fuels for cutback commitments.

This column appears on the second working day of the new year, and, as is customary, it tries to discern the path ahead. Amid the known-unknowns, some developments look almost certain. It is fair to say that the world will continue to be influenced by geopolitical shifts and conflicts in the first quarter of 2024.

-A tsunami measuring under one metre (3.3 ft) reached South Korea's east coast in the wake of a massive earthquake that hit Japan on Monday -The first tsunami to reach South Korea's coast was 67 cm (2.2 ft) but authoriites warned it may increase in size after the initial waves and may continue for more than 24 hours -North Korea issued tsunami warnings for its coast of possible waves of more than 2 metres, South Korea's Yonhap news agency reported, citing the North's state radio. -Russian officials issued a tsunami alert for the island of Sakhalin, warning that areas across the island's west coast could be affected by the waves. -Tsunami waves over a metre (three feet) high crashed into the coast after the 7.6-magnitude quake, and more, up to five metres high, were possible within 300 kilometres of the epicentre, US and Japanese weather agencies said.

2024, celebrated worldwide, was overshadowed by unsettling occurrences unfolding across continents, from airstrikes in Gaza and Ukraine to a catastrophic earthquake in Japan, painting a turbulent opening to the year. As the skies sparkled with New Year's fireworks globally, disquieting events marked the commencement. From Gaza, rockets launched towards Israel at midnight prompted defensive measures, compelling Israeli revelers to seek refuge. In response, Israel's retaliatory actions resulted in casualties and extensive devastation in Gaza, worsening an already dire humanitarian crisis.

Authorities called for immediate evacuation in affected areas, emphasizing the potential for more major quakes in the coming days. The quakes caused damages at some places. Bullet trains were halted while highways were closed in affected places. Japanese media captured scenes of people standing near large pavement cracks, and the Meteorological Agency warned of the possibility of additional major quakes over the next week.

Japan earthquake: The 7.6 magnitude earthquake that hit central Japan on Monday has triggered Tsunami warnings in Japan, North Korea, and Russia. The Kremlin confirmed the reports of Tsunami warnings in Russia's Far East region and said the evacuations are being carried out to relocate the people to safer areas. The Japan Meteorological Agency informed that 21 earthquakes rocked the country and all were above the magnitude of 4.0 As per the reports, the first Tsunami waves that hit the Japanese coastal regions of Ishikawa, Niigata, and Toyama were around a meter high.