President Financial News

In an electrifying leap forward, Bitcoin‘s valuation surged past the $44,000 mark, trading at $43,858 with an impressive nearly 6% increase on Wednesday. This ascent comes after a “jet-fueled” 16% climb over six days, underscoring the cryptocurrency’s robust performance.

Bhartiya Janata Party (BJP) on Sunday registered a thumping win in Chhattisgarh elections by clinching 54 of the total 90 seats and restricting the reigning Congress party to 35 seats. Now, all eyes are on the party as the 'janata janardhan' awaits answer for the pivotal question: Who will be the Chief Minister? Notably, the party has maintained a strategic silence, refraining from publicly endorsing any specific candidate for the prestigious position in the aftermath of this year's assembly polls. It has not announced the candidates for the top post in the other two states, Madhya Pradesh and Rajasthan, where it emerged victorious.

Japan to become the world's third-largest market in terms of sales, trailing only behind China and the United States. The automotive sector has experienced exceptional strength throughout 2023, and November stands out as a significant month, with two-wheelers and passenger vehicles (PVs) exhibiting notable strength.

visa policies for nearby international destinations have fueled a surge in airfares, impacting travel choices. Popular and easily accessible destinations like Thailand, Sri Lanka, and Malaysia have become visa-free for Indian travelers, leading to a spike in demand and subsequently driving airfares to new highs. Almost all international airlines, with the exception of the United States, have fully resumed connections to India. Indian carriers have also increased flights abroad for the winter season, resulting in more competitive airfares to distant European and North American destinations. According to a TOI report, the Delhi-Phuket economy return this Christmas starts at Rs 50,000, significantly higher than the average of Rs 30,000 a few months ago. In contrast, Delhi-London flights begin at Rs 70,000, a notable reduction from the Rs 90-95,000 range seen during the summer. “In comparison to last year, all international airlines are now operational for routes like Delhi-Dubai, or Saudi and to London, hence airfares for these sectors are down by about 20-25%. On the other hand, airfares for popular Southeast Asian destinations like Vietnam, Thailand and Malaysia have more than doubled in comparison to last year for this period,” a spokesperson for travel portal Yatra told TOI. Anil Kalsi, Vice President of the Travel Agents Federation of India, told TOI that there is a «serious» demand for both domestic and international destinations this winter, with Southeast Asia being particularly popular. The visa-free status has made a significant impact, with destinations like Thailand witnessing a doubling of Indian tourist arrivals after granting visa exemption from November 10, 2023.

Sukhdev Singh Gogamedi, the Rajput community has declared a statewide bandh on Wednesday. Sukhdev Singh Gogamedi, the leader of Rashtriya Rajput Karni Sena, was fatally shot by unidentified individuals on motorcycles in Jaipur on Tuesday. Here are the top ten updates on the Rajasthan Bandh.

Mahaparinirvan Din’ that is 67th death anniversary of Dr BR Ambedkar. Visitors in large numbers visited Chaitya Bhoomi in Dadar from Monday to Thursday to pay homage to Dr Ambedkar. of Mahaparinirvan Diwas.

Federation of Automobiles Dealers Associations (FADA) on Wednesday said that the auto sales in November grew by 18 per cent annually with a historic sale of 28.54 vehicles, surpassing March 2020 record of 25.69 vehicles. The apex body also said that the record sales come amid the industry's transition to BS-6 from BS-4 emission norms.

North Korea's Kim Jong Un's satellite snaps White House, Pentagon As per United Nations data, the average number of children being born in North Korea by a mother stood at 1.8 as of 2023 amid an extended fall in birth in recent decades. The figure remains higher than North Korea's neighbours which are also witnessing a downward trend.

US announces visa bans after warning Israel over West Bank violence Hamas likely profited from Israel stock markets ahead of Oct terror attacks Israel Would Consider Another Cease-Fire to Get Back Hostages Putin to visit Saudi, UAE on December 6, host Iran President: What's on agenda? Milestone Alert!Livemint tops charts as the fastest growing news website in the world

By Faith Hung and Rae Wee

Oil prices fell in Wednesday Asian morning trading as markets continue to doubt the impact of OPEC+ cuts and take cues from a worsening demand outlook in China. Brent crude futures fell 8 cents, or 0.1%, to $77.12 a barrel by 0101 GMT. U.S.

Israel, the State Department said Tuesday it will impose travel bans on extremist Jewish settlers implicated in a rash of recent attacks on Palestinians in the occupied West Bank. Secretary of State Antony Blinken announced the step after warning Israel last week that President Joe Biden's administration would be taking action over the attacks. Blinken did not announce individual visa bans, but department spokesman Matthew Miller said the bans would be implemented starting Tuesday and would cover «dozens» of settlers and their families, with more to come if the settler violence continued. He wouldn't give a number and refused to identify any of those targeted due to confidentiality reasons. The decision comes at a sensitive moment in U.S.-Israeli relations.

Kamala Harris broke a nearly 200-year-old record for casting the most tiebreaking votes in the Senate when she voted Tuesday to advance the confirmation of a new federal judge in Washington, D.C. Senate Majority Leader Chuck Schumer, a New York Democrat, called Harris' 32nd tiebreaking vote a «great milestone.» Harris returned to Capitol Hill later in the day to cast her 33rd vote as well, securing the judge's confirmation. The previous recordholder was John C. Calhoun, who cast 31 tiebreaking votes during his eight years as vice president, from 1825 to 1832.

Madhya Pradesh chief minister Kamal Nath is likely to step down as the Congress state president in the wake of the party's drubbing in the Assembly elections, sources said on Tuesday. According to sources, the former CM, who met the Congress high command in the national capital on Tuesday, was directed to appoint a new state president. Arriving in the national capital on Tuesday, the Congress's state chief met the party's national president Mallikarjun Kharge and MP Rahul Gandhi at the former's residence. All India Congress Committee general secretary (Org) KC Venugopal was also present at the meeting, sources informed.

By David Shepardson

Buy or sell stocks for today: Following strong global market sentiments on end of rate hike cycle buzz, Indian stock market ended higher for sixth straight session on Tuesday. Nifty 50 index climbed to a new peak of 20,864 levels, BSE Sensex touched new life-time high of 69,381 whereas Bank Nifty index hit a new high of 47,230.

Google Doodle is celebrating Finland's 106th independence day on December 6, 2023, through a special doodle whose reach spans the region of Finland. During the early 20th century, Finland struggled for independence. From 1809 to 1918, Finland was an autonomous Grand Duchy within the Russian Empire, ceded from Sweden to Russia.

Belarus wants to accelerate the launch of its CBDC as it looks to evade US and EU-led sanctions and let its firms trade with international partners.

By Greg Bensinger

A high-speed rail line between Las Vegas and the Los Angeles area is getting a Biden administration pledge of $3 billion to help start laying track

Frontier Airlines has settled a lawsuit filed by female pilots who said the airline discriminated against pregnant and breastfeeding employees