Country Financial News

By MacDonald Dzirutwe and Libby George

Rishi Sunak will announce plans on Monday to ban the sale of disposable vapes to prevent their use by children, and reiterate the government's intention to introduce a law preventing younger generations from buying tobacco. Under the new powers, there would be restrictions on vape flavours, a requirement for plain packaging, and changes to how vapes, or e-cigarettes, are displayed to make them less attractive to children.

Uniform Civil Code (UCC) Committee has completed its work and its report will be delivered on February 2. CM Dhami, speaking to about the implementation of UCC in the state of Uttarakhand, said, «While making a promise to the people of the state in the 2022 assembly elections, we constituted the UCC Committee, taking a pledge to implement the Uniform Civil Code in the state.

Syria and Iraq, Reuters reported. It is pertinent to note that there are 350 US Army and Air Force troops at the base as it includes logistics support. However, there is little known publicly about the Tower 22 base.

BSE Sensex soared 896 points to 71,637.61 while the Nifty50 jumped 291 points to 21,429.60. The market exhibited a clear bullish bias, as 37 out of the Nifty stocks were trading in positive territory, while only 13 were in the negative zone. The top gainers were ONGC up over 7 percent followed by Adani Enterprises, Adani Ports, Reliance Industries, and Coal India.

Citizenship (Amendment) Act, also known as CAA, is set to be implemented nationwide within the next seven days. As reported by PTI, Thakur made these remarks during a public rally in South 24 Parganas, West Bengal, on Sunday. “The Ram mandir (temple) in Ayodhya has been inaugurated, and within the next seven days, the CAA will be implemented across the country.

By Joe Cash and Christoph Steitz

Amir-Abdollahian on Monday visited Islamabad at the invitation of his Pakistani counterpart Jalil Abbas Jilani. This diplomatic engagement took place amidst tension in relations following recent reciprocal strikes between the two countries.

foreign investors in China are most worried by the country’s souring relations with the West. Others fret about the unprecedented slump in its property market. Many are simply tired of losing money.

₹1,462.80 apiece in early trade on Monday. This uptick follows the approval granted by the Reserve Bank of India (RBI) to LIC, allowing it to increase its stake up to 9.99% in the country's largest private sector bank. In an exchange filing on Thursday (January 25), HDFC Bank stated that permission was given to LIC with regard to the application submitted to RBI.

(Reuters) — A Hong Kong court ordered the liquidation of China Evergrande (HK:3333) Group on Monday.

drone attack on a base in Jordan killed three American troops and wounded more than 30 on Sunday, with President Joe Biden blaming Iran-backed militants and vowing to hold the perpetrators to account. It is the first time American military personnel have been killed by hostile fire in the Middle East since the war between Israel and Iran-backed Hamas began, and the incident will further raise tensions in the region and add to fears of a broader conflict directly involving Tehran. «While we are still gathering the facts of this attack, we know it was carried out by radical Iran-backed militant groups operating in Syria and Iraq,» Biden said in a statement, pledging to hold «all those responsible to account at a time and in a manner of our choosing.» Later in the day at a South Carolina church banquet hall, the president held a moment of silence for the US troops killed in the attack, then said: «We shall respond.» Hamas spokesman Sami Abu Zuhri called the attack «a message to the American administration that unless the killing of innocent people in Gaza stops, it may be faced with the entire (Muslim) nation.» «The continuation of the American-Zionist aggression on Gaza risks a regional explosion,» Abu Zuhri said. The US Central Command (CENTCOM) said Sunday evening that the attack had hit a logistics support base located at Tower 22, in northeast Jordan, and that it wounded at least 34 service members, eight of whom required evacuation from the country. There are around 350 US Army and Air Force personnel at the base who conduct «a number of key support functions,» including for the international coalition against the Islamic State jihadist group, CENTCOM said. Jordan's government spokesman Muhannad Mubaidin,

India, France to strengthen defence ties On the 60th anniversary of diplomatic relations between China and France, Chinese President Xi offered to "break new ground" to give a fillip to bilateral ties between the two countries. Chinese Foreign Minister Wang Yi said they have offered to step up French imports to the country.

Oil prices jumped 1% on Monday on fuel supply concerns after a missile struck a Trafigura-operated fuel tanker in the Red Sea and as Russian refined products exports are set to fall as several refineries are under repair after drone attacks. Brent crude futures climbed 83 cents to $84.38 a barrel by 2341 GMT after hitting a session-high of $84.80. U.S.

equity funds in the country are showing that size is just a number. Far from slacking under their bulging mass, these funds are running faster than most of their peers. The Rs.56,000 crore HDFC Mid Cap Opportunities is the biggest actively managed equity fund in the country. A scheme with a proven track record, its return profile faltered between 2017 and 2021, possibly suggesting that its burgeoning size was inhibiting its performance. However, the fund has made a strong comeback since 2022. It has ranked among the top three performers in the mid-cap category over the past three years. The next big name on the size ladder is Parag Parikh Flexi Cap. This Rs.52,000 crore fund, characterised by its valueconscious investing style and ‘go anywhere’ approach, has been an investor favourite for many years. It has not let its ballooning size dent its performance figures; the fund continues to rank in the top quartile in its category over a three-year horizon. The Rs.48,000 crore ICICI Prudential Bluechip, the biggest large-cap scheme in the country, is another big-ticket offering that has dispelled any concerns over size- led deterioration in its performance. While it went through a lean patch between 2018 and 2020, it has regained its mojo from 2021 onwards. The fund ranks third in its category over a three-year period. It has also comfortably outpaced its index over the past one and three years. HDFC Flexi Cap and Nippon India Small Cap, which boast assets in excess of Rs.40,000 crore, have also starred in their respective categories. Biggest funds have fetched healthy outcomes Large corpus did not impact the fund performance.

Pariksha Pe Charcha 2023: PM Modi to interact with Exam Warriors today The 7th edition of Pariksha Pe Charcha will start from 11 am onwards in a town hall format at Bharat Mandapam, ITPO, Pragati Maidan, New Delhi. Nearly 3000 participants will be interacting with the Prime Minister in the programme. "Looking forward to seeing you all tomorrow at 11 am for 'Pariksha Pe Charcha'!" PM Modi posted on X.

ISIS." Also Read: America and Iran step closer to the brink of war Austin said that US President Joe Biden and he will not tolerate attacks on American forces, and “we will take all necessary actions to defend the United States, our troops, and our interests." He noted that Iran-backed militias are responsible for these continued attacks on US forces, and “we will respond at a time and place of our choosing." “These brave Americans and their families are in my prayers, and the entire Department of Defence mourns their loss," he said. Also Read: Three US service members killed, many wounded in drone attack on US forces in Jordan: Joe Biden The drone attack represents the initial occurrence of US troops losing their lives to enemy gunfire in the Middle East since the beginning of the Gaza war.

NEW DELHI, MUMBAI : Amidst a recovery in global steel prices and the upcoming general elections, JSW Steel maintains an optimistic outlook for the domestic steel market for the fourth fiscal quarter, expecting a notable uptick in steel volumes, Jayant Acharya, joint managing director of the company, said in an interview. “I expect the volumes will be better, driven by a seasonally strong quarter. The global steel prices in the last month have improved in the US, Europe, and China, as well as in the Asian regions," he said, adding that the buoyant global prices should translate into better pricing even in the domestic market.

Adhadhu. As per details, a key vote on parliamentary approval for the Muizzu government was scheduled for today, but a fight between MDP MP Isa and PNC MP Abdullah Shaheem Abdul Hakeem was seen which went viral on social media. According to Adhadhu, one video showcased Shaheem gripping Isa's leg and the two falling together, whereas another visual that went viral on social media showed Isa kicking Shaheem's neck and pulling his hair. ALSO READ: Maldives President Muizzu mentions ‘centuries of friendship’ with India; wishes Prez Murmu, PM Modi on Republic Day 2024 Apart from this, the footage also shows other members pushing Shaheem out of the area.

Johannes Läderach, CEO of the family run luxury chocolate business, on a recent visit to India, told Mint."Though there is a free-trade agreement being negotiated between India and Switzerland which could be very helpful. This is because India is at the highest end of customs duties across the 20 markets we operate in. The duties are very complicated too based on varieties of chocolate being imported," he said.

Sri Lanka Cricket (SLC) today with immediate effect. On 10 November 2023, Sri Lanka Cricket (SLC) were suspended for violation of responsibilities as an ICC Member, in particular, "the requirement to manage its affairs autonomously and ensure that there is no government interference in the governance, regulation and/or administration of cricket in Sri Lanka." The ICC Board met on 21 November and it was decided that Sri Lanka can continue to compete internationally both in bilateral cricket and ICC events, but the ongoing U19 Men's Cricket World Cup was moved to South Africa, having initially been set to be played in Sri Lanka. The ICC Board has been monitoring the situation since the suspension and are now satisfied that SLC are no longer in breach of membership obligations.