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The Adani Group said it will invest $24 billion in Gujarat over the next five years creating 100,000 jobs. 100 countries participating Reliance Industries Ltd (RIL) proposed India's first carbon fibre facility at Hazira together with a green energy giga complex on 5,000 acres in Jamnagar in 2024. Addressing a packed Mahatma Mandir convention centre in Gandhinagar on Wednesday morning, Prime Minister Narendra Modi said India would be one of the top three global economies in the coming years. “The world looks at (India) as an important pillar of stability, a trusted friend, and an engine of growth in the global economy,” Modi told an elite gathering of corporate leaders and heads of state, including United Arab Emirates (UAE) president Mohamed bin Zayed Al Nahyan, Timor-Leste president José Ramos-Horta and Mozambique president Filipe Nyusi. “In the rapidly changing world order, India is moving ahead as Vishwa Mitra (friend of the world),” Modi said.

New Jersey Gov. Chris Christie said Wednesday that he's ending his Republican presidential bid just days before Iowa's leadoff caucuses in a last-ditch effort to deny Donald Trump a glidepath to the nomination. «My goal has never been to be just a voice against the hate and division and the selfishness of what our party has become under Donald Trump,» Christie said at a town hall in New Hampshire.

Enforcement Directorate has summoned National Conference (NC) president Farooq Abdullah on Thursday for questioning in a money laundering case, official sources said on Wednesday. The 86-year-old politician is understood to have been called in connection with the federal agency's investigation into alleged irregularities in the Jammu and Kashmir Cricket Association (JKCA).

derogatory remarks against Prime Minister Narendra Modi, Maldives Deputy Youth Ministers Mariyam Shiuna, Mahzoom Majid and Malsha Shareef have been suspended indefinitely, but all three will continue to receive their salaries, the President's Office has said, Maldives local media Adhadhu reported. Providing further information about the suspensions, Maldives President's Office Communications Minister Ibrahim Khaleel told Adhadhu that the three deputy ministers were suspended indefinitely as a measure taken to look into the matter.

The yen fell 0.9% on the dollar overnight and 1.2% on the euro after data showed workers' real wages shrank for a 20th straight month in November — confounding officials wishes to see wage gains before tightening policy. The yen was under gentle pressure at 145.55 per dollar in morning trade and hit a six-week low of 159.99 per euro. The euro bought $1.0974 and other majors were steady on the dollar with all eyes on the U.S.

Noboa said on Wednesday his country was «at war» with drug gangs who are holding prison guards hostage, amid a dramatic surge in violence that saw gunmen briefly take over a TV live broadcast and explosions in multiple cities. Noboa on Tuesday named 22 gangs as terrorist organizations, making them official military targets. The president took power in November pledging to tackle a growing security problem caused by a rise in drug-trafficking gangs transporting cocaine through Ecuador.

 Evercore ISIs Mark Mahaney reveals why Amazon is a number-one pick for investors and breaks down Meta performance on The Claman Countdown.

(Reuters) -Amazon.com will lay off several hundred employees in its streaming and studio operations, it said in an internal note on Wednesday as companies extend their massive job cuts over the past two years into 2024.

By Nathan Layne

Maldives President Mohammed Muizzu has proposed to revive the free trade agreement with Beijing, but the move could push Male towards a debt trap. China's current share of Maldives total debt is 37% and there are fears that FTA will further increase debt share, pushing Maldives into a Sri Lanka-type crisis, ET has learnt. The Covid pandemic, notwithstanding India's generous assistance to the island nation, has dented Maldivian economy, according to observers.

Congress on Wednesday «respectfully declined» the invitation to attend the 'pran pratishthan' (consecration) ceremony of Ram temple in Ayodhya and said that RSS and BJP had made the temple a «political project» for «electoral gains». In a statement, Congress general secretary Jairam Ramesh questioned the motive behind the inauguration of the «incomplete» temple by BJP and RSS leaders. Last month, Congress president and Leader of the Opposition in the Rajya Sabha Mallikarjun Kharge, Congress Parliamentary Party chairperson Sonia Gandhi and Leader of the Congress in the Lok Sabha Adhir Ranjan Chowdhury had received the invitation to attend the ceremony on January 22. «Lord Ram is worshipped by millions in our country. Religion is a personal matter.

Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit

Donald Trump won’t make his own closing argument in his New York civil business fraud trial

Donald Trump plans to deliver his own closing argument Thursday in his New York civil business fraud trial, in addition to the ones made by his legal team

California Gov. Gavin Newsom is announcing a $291 billion state spending plan with an estimated $37.9 billion deficit

The relationship between India and the Maldives is facing challenges after officials in the tiny island nation made derogatory remarks against Prime Minister Narendra Modi’s posts that promoted the pristine beaches of India’s Lakshadweep archipelago

While electric vehicles are gaining the lion’s share of the attention for carbon-neutral technology at CES 2024, hydrogen energy has snuck its way back into the conversation thanks to two automotive giants

Congress said on Wednesday that it was determined to begin its Bharat Jodo Nyay Yatra from Manipur after it was denied permission to flag off the yatra from Palace Grounds in Imphal. Manipur PCC chief K Meghachandra, who termed the government's response «very unfortunate», said they have changed their venue to a private place at Khongjom in Thoubal district.

Supreme Court against the Maharashtra Assembly Speaker Rahul Narwekar's ruling in the MLA disqualification case. Narwekar had earlier today ruled that Eknath Shinde is the leader of the Shiv Sena and rejected the Uddhav Balasaheb Thackeray faction's attempt to disqualify Shinde and other MLAs. Uddhav Thackeray, who heads the UBT, slammed Narwekar's decision and said that the latter had disregarded the Supreme Court's last year decision. «This is a shameless decision, they have crushed the SC's earlier decision.

Maharashtra Assembly Speaker Rahul Narwekar on Wednesday ruled that Shiv Sena (Eknath Shinde faction) was the «real» political party while dismissing the Uddhav Thackeray (UBT) camp's petition to disqualify 40 MLAs, including Shinde for violating party discipline. In a 1,200 page verdict on 34 petitions that the two rival parties had moved against each other, Narwekar held that the Shinde faction was the real Shiv Sena. «I hold that the Shinde faction was the real political party when the two rival factions emerged on June 21,2022.

greenhouse gases declined by nearly 2% in the United States in 2023, even as the economy expanded at a faster clip, a new report finds. The decline, while «a step in the right direction,'' is far below the rate needed to meet President Joe Biden's Rhodium Group, an independent research firm.