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fire-charred decade. In polls of 12 rich countries by Pew, an American think-tank, the share of respondents who said it was a “major threat" rose in every country except South Korea, where it was already high (see chart 1). Clear majorities everywhere bar Israel agreed with this description.

Narendra Modi seems certain to extend his rule to 2029; and Donald Trump could return to the White House despite charges of subverting U.S. democracy. For those who worry that authoritarian rulers are firmly in the ascendant over more liberal democrats, there is likely to be much to fret about in 2024.

Now-defunct crypto exchange FTX has revealed its latest proposal aimed at returning billions of dollars to customers and creditors, marking the start of the final stage in resolving its bankruptcy case.

FTX Trading Ltd. unveiled its latest proposal for returning billions of dollars to customers and creditors, kicking off a final round of potential squabbles about how best to end the bankruptcy case of the fraud-tainted crypto firm. The reorganisation plan left some of the most important questions unanswered, including whether FTX will restart its defunct crypto exchange, how the company will estimate the value of some digital tokens and how much creditors can expect to get back.

coronavirus, named JN.1, has been detected in a woman from Kerala, raising concerns about the ongoing battle against Covid-19. The Indian government confirmed the presence of the JN.1 sub-variant on December 16, marking the first case of its kind in the country.

US Federal Reserve on the possibility of reversing rate hikes, there is a growing sense of optimism in global financial markets. In the US, flows have surged to an 18-month high, reaching $26.3 billion. Notably, there has been a significant influx of funds into US mid and small-cap investments, which had lagged in the recovery since October 2022, informed the report.

Hamas has been the focus of a relentless Israeli onslaught in Gaza but with resilient and diverse finances, it is expected to have a significant war chest at its disposal as the conflict drags on. Israel's Prime Minister Benjamin Netanyahu has vowed to annihilate the Palestinian Islamist movement behind the October 7 attack — the deadliest in the country's history.

rupee jumped 33 paise to settle at 83.00 a dollar, posting its biggest single-day gain in more than eight months. “Be wary of sudden drops that may follow persistent inability to clear 83.4. Slippage past 83.02 could expose 82.78, while pull back above 83.19 would restore upside bias," said Anand James, Chief Market Strategist at Geojit Financial Services.

Israeli government on Sunday approved the appointment of Reuven Azar as the new Ambassador to India. Azar, who is in his late 50s, will also serve as the non-resident Ambassador to Sri Lanka and Bhutan, a statement from the Israeli Ministry of Foreign Affairs said. His appointment is one of the 21 new Heads of Missions cleared by the Israeli government to assume service soon.

Credit Card (MRCC) brings an array of exclusive perks with every purchase. With a joining fee of ₹1,000 and a renewal fee of ₹4,500 (waived on annual spending of ₹1.5 lacs plus), it offers 1 membership reward point for every ₹50 spent (excluding fuel, utilities, insurance, and cash transactions). Enjoy a bonus of 1,000 points on using the card 4 times for transactions above ₹1,500 each.

Business Today, Gadkari said, "I will never allow driverless cars to come into India because it will take away the jobs of several drivers and I will not let that happen". While addressing road safety concerns in the country during the Zero Mile Samvad hosted by IIM Nagpur, Gadkari outlined government measures to mitigate the accidents such as the incorporation of six airbags in cars, reducing black spots on roads, and increasing fines through the Electric Motors Act. Road transport ministry makes AC truck cabin mandatory from Oct 2025 On Tesla Inc.'s entry into India, the minister said the government is ready to welcome the US automaker in India but manufacturing in China for sales in India is not acceptable.

global market cues. The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 21,482 level as compared to the Nifty futures’ previous close of 21,558.

President Joe Biden's motorcade Sunday night while the president was leaving a visit to his campaign headquarters. The president and first lady Jill Biden were unharmed.

US Federal Reserve held its key funds rate steady, but signalled cuts next year. “Inflation has eased over the past year but remains elevated," it stated, with its scan shifting to whether “any additional" policy firming is needed to hit its 2% goal.

Read more.The wholly owned subsidiary of Tata Power Renewable Energy has signed a contract to supply 152 MWp DCR solar PV modules for NTPC's Nokh solar PV project in Rajasthan, valued at about ₹418 crore. NTPC is developing the 735 MW Nokh Solar Park in Pokaran, Rajasthan.The company said it has received approval from the US Food and Drug Administration for its abbreviated new drug application for Allopurinol Tablets USP.

weather balloons flew across the sensitive Taiwan Strait on Sunday but stayed well to the north of Taiwan, the island's defence ministry said on Monday, the second time this month Taipei has reported them nearby. The potential for China to use balloons for spying became a global issue in February when the United States shot down what it said was a Chinese surveillance balloon, but which China said was a civilian craft that accidentally drifted astray. Taiwan is on high alert for Chinese activities, both military and political, ahead of the Jan. 13 presidential and parliamentary election.

The Bank of Japan (BOJ) meets Tuesday amid much chatter that it is considering how and when to move away from negative interest rates. None of the analysts polled by Reuters expected a definitive move at this meeting, but policy makers might start laying the groundwork for an eventual shift. April was favoured by 17 of 28 economists as the kick-off for negative rates to be scrapped, making the BOJ one of the few central banks in the world actually tightening. «Since the last meeting in October, 10-year JGB yields have fallen and the yen has appreciated, giving the BOJ little incentive to revise policy at this stage,» said Barclays economist Christian Keller. «We think the BOJ will wait to confirm the result of the 'shunto' wage negotiations next spring, before moving in April.» Japan's Nikkei lost 1.2%, weighed in part by a firm yen.

Gold prices struggled for momentum in early Asian hours on Monday as investors looked forward to U.S. inflation data due later this week for more clarity on the Federal Reserve's interest rate path after a dovish pivot last week. FUNDAMENTALS * Spot gold was little changed at $2,019.49 per ounce, as of 0041 GMT.

NEW DELHI : Debt-laden telecom operator Vodafone Idea’s plans to raise external funds of over ₹20,000 crore may get further delayed and are unlikely to culminate even in the quarter ending March 2024, said two people aware of the development. While the telecom service provider has been in talks with investors, including those from the US, the massive debt liability of over ₹2 trillion, besides limited amount of capital coming in from promoters, is being viewed as factors leading to the delay, one of the people said on the condition that he not be named. “It will take time.

Day trading guide for today: Following strong global market sentiments, Indian stock market finished higher for seventh week in a row on Friday last week. Nifty 50 index surged 2.30 per cent last week and closed at 21,456 levels after climbing to a new high of 21,492. BSE Sensex logged weekly gain of 2.18 per cent and ended at 71,483 levels after hitting a new high of 71,605 on Friday.

Analysts said the coming weeks will see the direction of the market influenced significantly by the flow of funds from foreign investors. Here's breaking down the pre-market actions: STATE OF THE MARKETS