FIVE Financial News

By Luis Jaime Acosta

Mohamed Salah's beaming face appeared on British television screens. Salah always has the slightly ruffled appearance of a man who has not slept desperately well, but he was in distinctly good cheer. His Liverpool team had just dismantled Newcastle United to move 3 points clear at the top of the Premier League. He had played wonderfully: scoring two goals, creating one and missing a penalty so as to foster the illusion of drama in what was otherwise a hopelessly one-sided sporting contest. There was, though, a bittersweet tinge to the jubilation.

By David Shepardson, Valerie Insinna and Tim Hepher

Bilkis Bano convicts remission case on Monday, January 8. The court had earlier heard a batch of pleas that challenged the remission granted to convicts in the Bilkis Bano gangrape case. A bench of Justices B V Nagarathna and Ujjal Bhuyan had on October 12 last year reserved its verdict after an 11-day hearing on the petitions, including the one filed by Bano.

electric vehicle facility in Tamil Nadu. The automaker, eyeing to break into the world’s third-largest automobile market, confirmed its commitment to invest $2 billion in the state. The company has earmarked an initial investment of $500 million, the EV giant said in a statement, for the first phase of the project, spanning five years from the commencement date.

Narendra Modi on Sunday hailed as «heroic» the successful conduct of an operation by the Indian Navy to free a merchant ship from the clutches of pirates in the North Arabian Sea. Addressing the 58th conference of the DGPs and the IGPs here, Modi also referred to the success of India's first solar mission craft Aditya L1 and said it is a testament to the power of India and the prowess of Indian scientists. «Two days ago, the Indian Navy completed a very successful heroic operation.

Tata Power on Sunday said it is looking to invest around Rs 70,000 crore to come up with a 10 gigawatt (GW) solar and wind units in Tamil Nadu over a period of five to seven years, the power major's top executive said while addressing a press briefing at the Tamil Nadu Global Investors Meet (GIM) in Chennai. A formal announcement is likely to happen on Monday, when a memorandum of understanding will be signed between the state government and Tata Power. “As part of GIM, we are looking at investing Rs 70,000 crore. This will happen over a period of time of five to seven years.

—Name withheld on request Since your current employer is not covered under the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952, it will be unable to establish a PF account on your behalf. According to the provisions outlined in the EPF Act and its rules, the transfer of PF balance is permissible only between two PF accounts.

Wab Kinew says that it is time to take another look at how the federal carbon price, popularly known as the carbon tax, is applied in his province.“I think that there’s an argument that Manitoba is maybe one of the strongest cases you could make, that the price on carbon should be revisited in our jurisdiction,” Kinew told The West Block host Mercedes Stephenson in an interview that airs on Jan. 7.“It’s definitely something that I know Manitobans would like to see some help with.

By David Shepardson, Valerie Insinna and Tim Hepher

government on Sunday said GST officers have detected 29,273 bogus firms involved in fake Input Tax Credit (ITC) claims of Rs 44,015 crore in eight months till December 2023 during a drive against fake registration, which helped save revenue of Rs 4,646 crore. In the October-December quarter, 4,153 bogus firms that involved suspected ITC evasion of around Rs 12,036 crore were detected. As many as 2,358 of these bogus firms were detected by the Central GST Authorities.

Boss Class, our Bartleby columnist searches for the secrets to being a better manager. Episode four looks at what makes a good team, episode five at how to run a meeting. Teams, it turns out, are better at solving complex problems, according to a recent paper by Abdullah Almaatouq of the MIT Sloan School of Management.

Rohit Sharma and Virat Kohli didn't play much T20 cricket in 2023, but Rohit Sharma's aggressive performance in Asia Cup 2023 and ODI World Cup 2023 displayed that he is more than ready for T20 cricket. Virat Kohli has been phenomenal in all formats of the game last year, but his average in T20 format may push the selectors to re-think his position in the squad. "If you have Rohit, Shubman Gill, Virat, Suryakumar Yadav and Hardik constituting your top five then where is your left-hander? Now, let's assume you drop Kohli and play Gill at No.3 with Yashasvi Jaiswal opening with Rohit.

China announced sanctions Sunday on five American defense-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals. The sanctions will freeze any property the companies have in China and prohibit organizations and individuals in China from doing business with them, the Foreign Ministry said in a statement posted online. It was unclear what impact, if any, the sanctions would have on the companies, BAE Systems Land and Armaments, Alliant Techsystems Operations, AeroVironment, Viasat and Data Link Solutions.

electric scooter are set to begin in March 2024. The Ather 450 Apex comes with several upgrades compared to its predecessor, the Ather 450X. It boasts a more powerful 7.0 kW/26 Nm motor, allowing it to surpass speeds of 100 kmph. In contrast, the 450X had a top speed of 90 kmph. The Apex also offers better acceleration, reaching 40 kmph from a standstill in just 2.9 seconds. The flagship scooter shares the same 3.7 kWh battery pack as the 450X, but with an improved claimed range of 157 km on a single charge. It features five riding modes, including the new 'Warp+' mode, which offers enhanced acceleration without compromising the range of 75 km. Another notable feature is 'Magic Twist,' which allows the scooter to slow down without using the brakes every time the throttle is released.

grounded certain Boeing 737 MAX 9 jetliners for safety checks following a cabin panel blowout that forced a new Alaska Airlines jet carrying passengers to make an emergency landing. A piece of fuselage tore off the left side of the jet as it climbed following takeoff from Portland, Oregon, en route to Ontario, California, on Friday, forcing pilots to turn back and land safely with all 171 passengers and six crew on board.

Rensi sounds off on soda tax

Boeing is asking federal regulators to exempt a new model of its 737 Max airliner from a safety standard designed to prevent part of the engine housing from overheating and breaking off during flight. Federal officials said last year that Boeing was working to fix the hazard on current Max planes. In the meantime, they told pilots to limit use of an anti-icing system in some conditions to avoid damage that «could result in loss of control of the airplane.» Without a fix ready, Boeing asked the Federal Aviation Administration last month for an exemption to safety standards related to engine inlets and the anti-ice system through May 2026. Boeing needs the exemption to begin delivering the new, smaller Max 7 to airlines.

ALSO READ: Bilkis Bano Case: Supreme Court questions its own order During the post-Godhra riots in March 2002, Bano was allegedly gang-raped and left to die with 14 members of her family, including her three-year-old daughter. She was five months pregnant when rioters attacked her family in Vadodara.

Ranji Trophy, India's premier red-ball domestic competition, at a number of different locations. There are up to 19 games going on, with 38 teams participating. The Ranji Trophy is currently underway, and Vaibhav Suryavanshi, a great young player from Bihar, has made waves in the cricket world by making his first-class debut.

Lok Sabha polls, the Congress on Saturday set up a publicity committee with AICC treasurer Ajay Maken as its convenor and party general secretaries Jairam Ramesh and K C Venugopal among its members, a statement said. The party also constituted a 'central war room' for the general elections with Vaibhav Walia heading the communications war room and Sasikanth Senthil S chairing the organisational war room, it said.