Fighting Financial News
31.12 / 06:57
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Yearender 2023: Yearender 2023: Children fall out of focus as Israel-Hamas conflict drags on for more than two months
Jama Masjid Shahi Imam on Israel-Palestine conflict, says ‘Muslim world not…’ While the long trail of death and devastation in the sleepy kibbutzes of southern Israel sent shockwaves across the globe, among the unarmed civilians who were mercilessly slaughtered by the masked gunmen were children. At least 33 children, including some barely months old, lay dead in their cots in the wake of the October 7 attacks, with their throats slashed or bodies carved open. And, as if that wasn't enough, an estimated 40 children were taken as hostages by Hamas terrorists.
31.12 / 05:23
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Charting the global economy: Maritime attacks drive up costs
container ships that typically transit the key maritime artery of the Red Sea and Suez Canal are rerouting after a multitude of attacks by Iran-backed Houthi militants. Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight. Meantime, the economy in Vietnam exceeded expectations this year and is poised for better results in 2024.
30.12 / 20:28
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Sport continues to be a catalyst for protest
When Colin Kaepernick took a knee during the US national anthem at NFL games to protest against racial injustice in 2016, little did he know the butterfly effect his deed would have as it sparked debates and polarised a country. But his gesture has since been embraced by top leagues around the world, none more so than England’s Premier League. A spillover from the Black Lives Matter movement that began over three years ago, the league’s players continue to fight discrimination by taking a knee before some games this season. “We are unified in our belief that any form of discrimination has no place within football or wider society,” the 20 Premier League captains said earlier this year. The continued protests are, to a large extent, to do with rampant online abuse which rears its ugly head every week, with social media platforms seemingly unable to stem the flow of unbridled rage and racial abuse that lands in players’ inboxes.
30.12 / 20:26
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Local militants all-time low in J&K, war majorly against foreign intruders, pro-militancy narrative: J&K Police Chief
Jammu and Kashmir police Rashmi Ranjan Swain on Saturday said the number of local militants active in the union territory is all time low at 31 but the war is not just against the gun wielding militants but also against those who endorse and glorify their narrative. The J&K police chief, while addressing the end of year press conference in Jammu presented a detailed outlook of the work police has done over the past 12 months across the UT. He said that the region is currently passing through a historic and important phase witnessing a significant socio-political and economic change.
30.12 / 20:26
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Foreign intruders active in Rajouri-Poonch range, very few locals support them: J&K police chief R R Swain
Jammu and Kashmir police chief Rashmi Ranjan Swain on Saturday said there are foreign fighters active in Rajouri-Poonch range with hideouts in caves, forests and wilderness which hugely limits the flow of information regarding their movement and presence. “Undoubtedly there is a security situation in Rajouri-Poonch. Mostly these are foreign fighters there.
30.12 / 17:20
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TMC eyes opposition areas, allies' space; BJP plans 'united' comeback
Trinamool Congress in Bengal, 2023 was a year marred by alleged corruption charges in the recruitment and PDS scams, arrests of ruling party ministers, and a slow organisational shift from a CM Mamata Banerjee-oriented party to the mantle slowly being shared by her nephew and TMC general secretary Abhishek Banerjee, earning the party the sobriquet of a 'parivaar baad' (dynastic politics) party. Despite these hiccups, TMC has maintained its grip on its votebank by sweeping the panchayat and all the other bypolls which took place in 2023.
30.12 / 16:58
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Airstrikes hit camps in central Gaza as Biden administration approves new weapons sales to Israel
Gaza on Saturday, as the Biden administration approved a new emergency weapons sale to Israel despite persistent international cease-fire calls over mounting civilian deaths, hunger and mass displacement in the enclave. Even a brief halt in fighting seems out of reach. A senior Hamas official told The Associated Press in Beirut on Saturday that the group has not budged from its position that a permanent cease-fire has to be the starting point for any further releases of Israeli and foreign hostages the group holds, which runs counter to a recent proposal by Egypt for a staged end to the war. It's a demand Israel is bound to reject. Israel has said it will pursue its unprecedented air and ground offensive until it has dismantled Hamas, a goal viewed by some as unattainable because of the militant group's deep roots in Palestinian society. The United States has shielded Israel diplomatically and has continued to supply weapons.
30.12 / 14:58
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Sweeping Chinese military purge exposes weakness, could widen, says Analysts
Xi Jinping's military modernization drive amid geopolitical tensions, analysts say. China's top lawmakers ousted nine senior military officers from the national legislative body on Friday, state media reported, a step that typically precedes further punishment for wayward cadres. Many of these were from the Rocket Force — a key arm of the PLA overseeing tactical and nuclear missiles. The purges are a setback for Xi who has pumped billions into buying and developing equipment as part of his modernising efforts to build a «world-class» military by 2050, with Beijing's outsized defence budget growing at a faster pace than the economy for some years. The recent downfall of generals and military equipment suppliers, however, has punctured some of this aura, and raised questions over whether there has been adequate oversight over these massive military investments as China vies with the United States in key areas, including Taiwan and the South China Sea. Since Xi took power in 2012, he has embarked on a wide-ranging anti-corruption crackdown among Communist Party and government officials, with the PLA being one of its main targets. The nine PLA generals removed from the legislature hailed from several military divisions; three were former commanders or vice commanders of the PLA Rocket Force; one a former Air Force chief and one a Navy commander responsible for the South China Sea. Four officers were responsible for equipment. «It is a clear sign that they are being purged,» said Andrew Scobell, Distinguished Fellow for China at the United States Institute for Peace.
30.12 / 13:14
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Treasury Drops a Hydrogen Bomb
President Biden’s climate policy contradictions keep piling up. Witness the family feud that blew up late last week between the renewables lobby and green groups over the Biden Administration’s new proposed rules for the Inflation Reduction Act clean hydrogen tax credit. The IRA created a new tax credit for producing clean hydrogen from low-emissions sources.
30.12 / 11:07
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Jharkhand news: Woman strangles 2-year-old son to death for disturbing her during call
IndiaToday said. The report quoted the complaint of Afsana's father-in-law Rojan Ansari who alleged that on Thursday, Afsana Khatoon had a fight with her husband Nizamuddin and after that, she locked herself in a room with her two-year-old son. The complaint added that the two-year-old toddler started crying while Afsana was on a call with someone and instead of comforting her son, she strangled him to death.
30.12 / 10:22
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Consecration of Lord Ram idol, beginning of 'Amrit Kaal' not coincidence; sign of India's rise, says Amit Shah
Union Home Minister Amit Shah said on Saturday that the consecration of Lord Ram's idol on January 22 and the beginning of India's 'Amrit Kaal' are not a mere coincidence but a sign that the country will rise to prominence on the world stage in the next 25 years. Amrit Kaal, which roughly translates to 'golden era', refers to the 25-year period from 75 years to 100 years of India's independence.
30.12 / 07:16
29.12 / 23:52
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In Moscow to meet Putin and Lavrov, India's foreign minister praises growing trade
India’s foreign minister has met with Russian President Vladimir Putin, who said relations between the countries are progressing even amid turbulent times
29.12 / 22:00
29.12 / 18:40
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Nearly 200 more Palestinians killed as Israel forges on with Gaza assault
Gaza Strip, with nearly 200 people reported killed in the past 24 hours of air strikes and artillery barrages on the shattered enclave. Israeli warplanes attacking the south of Gaza flattened homes and buried families as they slept, residents said.
29.12 / 18:01
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Bihar: Caste survey vs Modi factor to decide Lok Sabha numbers
Bihar is going to be different this time because of the sheer weight of the caste census politics unleashed and the Domino-effect it is likely to have on the fates of CM Nitish Kumar, the RJD, Left and Congress. The 'Mahagathbandhan' of RJD, JD(U), Congress and the Left is trying to recreate Mandal politics through the census data, with the state government hiking the quota for OBCs, SC and STs up to 65%. Whether the backward castes will bite this bait and vote for the mahagathbandan is still a hazy proposition.
29.12 / 14:06
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Congress should begin seat-sharing talks in Maharashtra with 0 seats, says Sanjay Raut
Shiv Sena (UBT) would contest in 23 of the 48 constituencies in Maharashtra in the 2024 Lok Sabha election. "...discussions on the seats won by the Shiv Sena, the Congress and NCP will be held later," he was quoted by PTI as saying. "This is Maharashtra, and Shiv Sena is the biggest party here.
29.12 / 11:23
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David Rosenberg: Why the so-called soft landing is just the calm before the storm
As we exit 2023, all I can think of is how it was a year replete with dichotomies and divergences. An unprecedented gap emerged between real gross domestic product growth, which signalled a soft landing had been successfully engineered by the United States Federal Reserve, and real gross domestic income growth, which provided support to the minority view that a recession had arrived.
29.12 / 10:23
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Russia fires 122 missiles and 36 drones in what Ukraine calls the biggest aerial barrage of the war
Russia launched 122 missiles and 36 drones against Ukrainian targets, officials said Friday, killing at least 13 civilians in what an air force official said was the biggest aerial barrage of the 22-month war. The Ukrainian air force intercepted 87 of the missiles and 27 of the Shahed-type drones overnight, Ukraine's military chief Valerii Zaluzhnyi said. Air Force commander Mykola Oleshchuk wrote on his official Telegram channel: «The most massive aerial attack» since Russia's full-scale invasion in February 2022.
29.12 / 09:20
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country
electronic
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‘Only TMC can teach BJP a lesson...’: Mamata Banerjee ahead of seat-sharing talks with INDIA bloc
Anupam Hazra, from the post of National Secretary, citing controversial comments. Predicting a win for the INDIA bloc against the BJP-led National Democratic Alliance (NDA), CM Mamata Banerjee said “INDIA alliance will be there across the country. In Bengal, TMC will fight and defeat the BJP".
29.12 / 08:30
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