Country Financial News

Dhami said on Sunday that his government will receive the draft of the Uniform Civil Code in the new year, following which they will plan their next course of action. «We will receive its draft in the new year, and then we'll plan our course of action,» Dhami said speaking to reporters while responding to a question on the implementation of the Uniform Civil Code in Uttarakhand. Earlier on Saturday, the Chief Minister said that his government is preparing to implement the Uniform Civil Code in the state and it will be presented in the Assembly soon. «We are also preparing to implement Uniform Civil Code of Conduct in Devbhoomi, it will be presented in the Assembly soon,» Dhami said while participating in the Shashtipurti Mahotsav of Sadhvi Ritambhara in Mathura. Earlier on December 22, the Uttarakhand Cabinet approved the decisions taken so far by the five-member panel formed to prepare a draft for the Uniform Civil Code (UCC) in the state. The cabinet approved the decision in a meeting held under the chairmanship of Uttarakhand CM Pushkar Singh Dhami.

Ministry of Home Affairs declared the 'Tehreek-e-Hurriyat (TeH) as an 'unlawful association' on Sunday under the Unlawful Activities (Prevention) Act for the next five years. The MHA issued a notification and pointed out that it declared the TeH as an unlawful association for five years in the exercise of the powers conferred by sub-section (1) of section 3 of the Unlawful Activities (Prevention) Act, 1967 (37 of 1967). Soon after the MHA's announcement, Union Home Minister Amit Shah posted on 'X', «The 'Tehreek-e-Hurriyat, J&K (TeH) has been declared an 'Unlawful Association' under UAPA. The outfit is involved in forbidden activities to separate J&K from India and establish Islamic rule. The group is found spreading anti-India propaganda and continuing terror activities to fuel secessionism in J&K.» «Under PM @narendramodi Ji's zero-tolerance policy against terrorism, any individual or organization found involved in anti-India activities will be thwarted forthwith.

index touched a 33-year high, Hong Kong rounded out its fourth straight year of decline and India emerged as a leader in IPOs, Nikkei reported. One of the biggest drivers behind this divergence was disappointment in China's post-Covid recovery. Hong Kong's flagship Hang Seng Index (HSI), which tracks 80 blue chip stocks, has dropped 13.8 per cent this year, its first four-year losing streak since its launch in 1969, Nikkei reported. As investors shift away from greater China, their attention is moving to Japan, India and the tech hubs of Taiwan and South Korea. The major indexes in these markets rose by more than double digits in 2023, with Japan's Nikkei 225 leading the pack at nearly 30 per cent, Nikkei reported. The comeback of Japanese shares was a result of multiple factors, including improved corporate governance, something the country's regulators have been working on for over a decade in hopes of stimulating investment from abroad. BlackRock this month reaffirmed its «overweight» position on Japanese equities for the next six to 12 months.

Akshay Kumar—who is considered one of the fittest actors in the Indian film industry—Sunday stressed on long-lasting fitness and said one must focus on leading a fitter life and not a life with "filters" inspired by film stars. The Bollywood actor, who has been quietly working on his fitness for years, was one of the many personalities from different walks of life who shared their tips on fitness in the 108th episode of Prime Minister Narendra Modi's monthly radio programme ‘Mann Ki Baat’, the last for the year 2023. Thanking the prime minister for giving him a platform to share his thoughts with the people of the country, Akshay said, "You all know I'm passionate about fitness, but I'm even more passionate about staying fit the natural way.

Renewable Energy Stocks: India's sun-drenched fields and windswept coasts are witnessing a silent revolution. Renewable energy capacity has crossed the 179.5 GW mark, making India the 4th largest player globally in both wind and solar power. This rapid green surge isn't just powering homes and industries; it's electrifying stock markets and driving India's ambitious climate goals, according to as the REN21 Renewables 2022 Global Status Report.

Thailand's popular tourist destination Phuket has launched a new user-friendly online visa extension system. The Immigration Bureau Commissioner, Pol Lt Gen Itthiphon Itthisanronnachai, unveiled this new initiative, that will allow foreigners under the 12 specified visa categories to apply for visa extensions online. The move aligns with Lt Gen Itthiphon's mission to streamline immigration procedures, ensuring efficiency and accessibility, especially during the upcoming New Year holidays.

Job placements for graduates from one of the world's premier business schools, Harvard Business School, have hit their lowest levels in over five years, indicating a slowdown in demand for highly qualified candidates. According to recent data from the school, 86% of the 73% of its most recent MBA class seeking employment received offers, a significant drop from 95% in 2022 and 96% in 2021. In an unusual move, the school only recently disclosed the job offer rates for 2023 on its website, following a query from the Financial Times.

India firmed up defence procurement worth over Rs 3.50 lakh crore in 2023 as the lingering border standoff with China in eastern Ladakh as well as the crises and conflicts around the world kept the military focused on ways to enhance the country's overall combat prowess to firmly deal with any security challenges. India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.

Rahul Gandhi on Sunday attacked Prime Minister Narendra Modi over wrestler Vinesh Phogat leaving her Khel Ratna and Arjuna Award on national capital's Kartavya Path, saying the PM is the guardian of the nation and it hurts to see «such cruelty» on his part. Gandhi's attack came a day after multiple World Championship medallist Phogat returned her Khel Ratna and Arjuna Award, keeping the two awards lying in the middle of Kartavya Path after the Delhi Police stopped her from reaching the prime minister's office.

Vinesh Phogat returned the two awards to the government. In a letter to PM Modi, the Asian Games gold medallist grappler had said she had decided to return her Khel Ratna and Arjuna Award to the government. Phogat said such honours have become meaningless at a time when wrestlers are struggling to get justice.

Earthquake of magnitude 6.2 jolts Indonesia's Irian Jaya An earthquake of magnitude 6.7 killed at least 15 people, and damaged houses and buildings in the coastal Guayas region. A strong earthquake struck Morocco in September 2023. The Al Haouz earthquake, named after the Moroccan province most impacted by the shaking, occurred on September 8 with violent tremors near its epicentre and very strong ones in the city of Marrakesh.

shares his outlook for 2024 and what investors should do in the current scenario. In the last few years, India has done exceptionally well. And it is a function of India doing well and others doing badly.

PTI. "The Muslim world has not lived up to its responsibilities in this regard and is not doing what it should and this is very unfortunate. In the end I hope that the prime minister of my country shall, by virtue of his personal relations with the prime minister of Israel, exert diplomatic pressure to put an end to the war and resolve issues," he said as quoted by PTI.

how this problem is only getting worse. Satya Nadella has been a busy man ever since he overtook the reins at Microsoft. In the decade that he's taken over, Microsoft has made over 100 acquisitions.

Workers from South Asia are heading to Israel, whose need for labor has become more pressing since the Hamas-led attack in October. Israel's government closed crossings from the West Bank, cutting off thousands of Palestinians from work, and many of the foreign workers whom Israel relies on to operate its farms and construction industry left. Most of the roughly 30,000 foreign agricultural workers in Israel were from Thailand, dozens of whom were kidnapped or killed on Oct.

Economist Dani Rodrik has put out a tweet that's likely to get some traction. He says his wish for the new year is for the term 'emerging markets' to be retired. We agree.

2024, Google upholds its annual tradition by unveiling a vibrant animated doodle to bid farewell to the passing year. The Google Doodle, featured prominently on the search website, captures the essence of New Year's Eve with its depiction of confetti and a lively disco ball. In a digital proclamation, Google urges users to join in the countdown with the words, «3… 2… 1… Happy New Year! This Doodle brings some sparkle and shine to start the New Year right! As the clock nears closer and closer to midnight, people around the world are planning their New Year's resolutions and wishing for success, love, joy, and everything in between.»

yuan by orchestrating buying by state banks and giving market guidance to bankers. The strategy of moral suasion marks a sharp break from Beijing's approach the last time the currency was on the ropes, in 2015. Back then, the People's Bank of China (PBOC) resorted to official intervention as the central bank burned $1 trillion in reserves to shore it up. This year, as China's economy wobbled and money left the country, the PBOC took a starkly different approach, defending the currency by signalling to markets what kind of selling it would and would not tolerate. Interviews with 28 market participants show at least two dozen cases where regulators closely and frequently steered market participants through a range of co-ordinated actions this year to resist strong downward pressure on the yuan. The PBOC and State Administration of Foreign Exchange, the currency regulator, did not respond to Reuters' faxed questions about its approach.

Irfan Razack, CMD, Prestige Estate, says “momentum will continue in the next financial year also. But again, it all depends on your location, the type of product, the type of pricing that you have on the product – that is what will give you success. Of course, the players who have delivered in the past, they have benefited, including our company and we have consistently focussed on delivery and that is what has given confidence to buyers to come to us to get their housing needs. Let us just talk about the overall demand environment and how it really has shaped up as we step into 2024. Do you believe that it is only likely to sustain? Give us an on-ground picture. Irfan Razack: Yes, the last three years have been pretty robust.

Kim Jong Un wrapped the year with fresh threats of a nuclear attack on Seoul and orders for a military arsenal build-up to prepare for a war that can «break out at any time» on the peninsula, state media reported Sunday. Kim lambasted the United States during a lengthy speech at the end of five days of year-end party meetings that set his country's military, political, and economic policy decisions for 2024. The meeting announced plans for further military development in the coming year, including launching three more spy satellites, building unmanned drones and developing electronic warfare capabilities, as well as strengthening nuclear and missile forces, according to the official Korean Central News Agency (KCNA). Pyongyang this year successfully launched a reconnaissance satellite, enshrined its status as a nuclear power in its constitution, and test-fired the most advanced intercontinental ballistic missile (ICBM) in its arsenal. At the meeting that ended Saturday, Kim accused the United States of posing «various types of military threat» and ordered his armed forces to maintain «overwhelming war response capability», according to KCNA. It is a «fait accompli that a war can break out at any time on the Korean peninsula due to reckless moves by the enemies to invade us», Kim said. In an effort to deter Pyongyang, Washington earlier this month deployed a nuclear-powered submarine in the South Korean port city of Busan, and flew its long-range bombers in drills with Seoul and Tokyo. The North has previously described the deployment of Washington's strategic weapons — such as B-52 bombers — in joint drills on the Korean peninsula as the «intentional nuclear war provocative moves». «We must respond quickly to a

India had recorded 865 new days on May 19. The number of daily cases had dropped to double-digits till December 5, but cases have again gone up after emergence of a new variant and cold weather conditions.