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12.11 / 14:35
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What they want: Biden and Xi are looking for clarity in an increasingly difficult relationship
Joe Biden and China's Xi Jinping have no shortage of difficult issues to discuss when they sit down for their first talks in a year, even if expectations are low that their meeting will lead to major breakthroughs. Each leader has clear objectives for the highly anticipated talks on Wednesday on the sidelines of the Asia-Pacific Economic Cooperation summit, a meeting that comes after what's been a fractious year for the world's two biggest economies. Both Biden and Xi are looking to bring a greater measure of stability to a relationship that is being defined by differences over export controls, tensions over Taiwan, the wars in the Middle East and Europe, and more. A look at what each president is hoping to achieve during their talks: WHAT BIDEN WANTS The White House has made clear that the U.S.-China relationship is beyond the days where a meeting ends with a long list of announcements and agreements. Instead, Biden comes to San Francisco focused on managing the countries' increasingly fierce economic competition and keeping open lines of communication to prevent misunderstandings that could lead to direct conflict between the two powers. Expect Biden to defend U.S. expansion of export controls on semiconductor chips.
12.11 / 14:35
Cooper
President
White House wants to resume military ties with China, Jake Sullivan tells CBS
Joe Biden is determined to see the re-establishment of military-to-military ties with China, White House National security adviser Jake Sullivan said on Sunday during an interview with CBS' «Face the Nation» program. Biden will meet Chinese President Xi Jinping face-to-face for the first time in a year on Wednesday on the sidelines of the Asia-Pacific Economic Cooperation summit.
12.11 / 13:03
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Vijayendra to take over as BJP Karnataka chief on Nov 15 & take on Congress’ DK Shivakumar
Vijayendra will take over as President of the BJP Karnataka unit on November 15, and the party has organised a workers rally at the Bangalore Palace the next day in a show of popularity of the 48-year-old leader, projecting him as a formidable counterweight to Congress party’s DK Shivakumar. Vijayendra, younger son of the BJP veteran BS Yediyurappa, hit the ground running on the weekend, visiting the mutts of Vokkaligas and Lingayats, the dominant communities in Karnataka. The BJP is hopeful of turning a new leaf in the upcoming Lok Sabha polls by regaining the support of the two large communities. Many in the party believe it got reduced to 66 seats in the May 10 assembly polls from 104 seats five years ago because many Lingayat voters were displeased with the way Yediyurappa was removed as CM, two years ago.
12.11 / 13:03
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economy
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A fragile global economy is at stake as US and China seek to cool tensions at APEC summit
So when Washington and Beijing do economic battle, as they have for five years running, the rest of the world suffers, too. And when they hold a rare high-level summit, as Presidents Joe Biden and Xi Jinping will this week, it can have global consequences. The world's economy could surely benefit from a U.S.-China detente.
12.11 / 13:03
BLOCK
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Russia to limit only VPN services which pose a 'threat' to security
Russia plans to block certain Virtual Private Networks (VPNs) and protocols deemed by a commission of experts to pose a threat, state news agency RIA reported citing correspondence from the digital ministry. Demand for VPN services soared after Russia restricted access to some Western social media after President Vladimir Putin ordered troops into Ukraine in February 2022.
12.11 / 10:55
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track
‘Diwali 2023: Market outlook positive for Samvat 2080; several midcaps, smallcaps available at reasonable prices’
Rahul Jain, President and Head of Nuvama Wealth is positive about the Indian market for the Samvat 2080 even though he thinks there may be some volatility due to domestic and global factors. In an interview with Mint, Jain said sectors such as renewables, capital goods, defence, electricity, power-associated sectors, and infrastructure may do well in Samvat 2080. Edited excerpts: In the period post-Diwali, the markets faced a sluggish period for a few months followed by a noteworthy correction.
12.11 / 10:55
Reuters
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Israel-Hamas War: Communication lost with Gaza's Al-Shifa Hospital, says WHO
World Health Organisation (WHO) on Sunday, November 12 reported that it has lost contact with Al-Shifa Hospital in Gaza City, ANI reported. Al-Shifa Hospital has received international attention after reports of individuals fleeing the hospital being allegedly shot, wounded, or killed. The facility has been under repeated attacks, and the latest information suggests it is surrounded by tanks.
12.11 / 10:55
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Saudi Arabia, UAE, 7 others block proposal to snap all ties with Israel at Islamic nations' summit: Reports
The Times of Israel said, citing the claim made by Ehud Ya’ari, the Arab affairs analyst of Israeli news platform Channel 12. The proposal was shot down by Saudi Arabia, the UAE, Jordan, Egypt, Bahrain, Sudan, Morocco, Mauritania and Djibouti, Ya’ari reportedly said. Livemint could not independently verify the development.
12.11 / 10:49
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"If bigger countries violate..." Canada PM Justin Trudeau attacks India again
Justin Trudeau has reiterated his allegation that India violated the Vienna Convention after over 40 Canadian diplomats moved out amidst a diplomatic row between the two countries. Responding to a media query on Saturday, Trudeau said that Canada wants to «work constructively» with India on the «serious matter» of the killing of Khalistterrorist Hardeep Singh Nijjar on Canadian soil and said his country «will always stand up to the rule of law.» He said, «We have been very, very clear that we want to work constructively with India on this very serious matter. From the very beginning, we shared the real allegations that we are deeply, deeply concerned about.
12.11 / 09:53
Provident
Booking
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BJP bets big on women voters in MP polls, via populist measures in its manifesto
BJP's manifesto for Madhya Pradesh assembly polls bets big on women voters via its ongoing Laadli Behna Yojana, promises houses and gas cylinders at Rs 450 for beneficiaries of the scheme. The BJP has also promised free education to girls from poor families till the time they finish their post-graduation, in its manifesto released by BJP chief JP Nadda. It also promises to pay Rs 1,200 per year to every student for uniform, books and school bags. The manifesto released by BJP president JP Nadda also promises 100 units of electricity for Rs 100, higher minimum support price (MSP) for wheat and paddy, Rs 2,700 per quintal for wheat and Rs 3,100 per quintal for paddy.
12.11 / 06:13
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Remark
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BJP's Raja Singh confident of hat-trick victory from Goshamahal assembly seat in Hyderabad
T Raja Singh expressed confidence of winning from the Goshamahal constituency in the city for a third time in the upcoming Telangana assembly elections. BJP legislator Raja Singh, who is seeking a third term from Goshamahal segment, told PTI that he will score a hat-rick of victory. BRS Goshamahal in charge Nanda Kishore Vyas is pitted against Raja Singh from Goshamahal segment.
12.11 / 03:59
Career
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Inside
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'Sushasan Babu' to 'Gandi Baat': Nitish taints his image with loose talk
Nitish Kumar created a furore inside and outside the House. Not only did it bring embarrassment to his party, he faced criticism for his inappropriate words even from abroad. Right from African-American actress-cum-singer Mary Millben, to Prime Minister Narendra Modi, a whole lot of people slammed Nitish Kumar for his speech. Nitish Kumar may have made an inappropriate speech for the first time in his long political career of 46 years, but of late he has been making many errors during his speeches at public events. Last month he stunned everyone at a function by calling himself "Faltu Mukhya Mantri."
12.11 / 03:30
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Moody's downgrades US debt rating outlook to negative
For now, the agency has maintained its Aaa rating on US government debt. The US Treasury immediately voiced its disagreement with Moody's decision. «The American economy remains strong, and Treasury securities are the world's preeminent safe and liquid asset,» Deputy Secretary of the Treasury Wally Adeyemo in a statement. «The Biden Administration has demonstrated its commitment to fiscal sustainability, including through the more than $1 trillion in deficit reduction included in the June debt limit deal as well as President Biden's budget proposals that would reduce the deficit by nearly $2.5 trillion over the next decade.» The US budget deficit, published last month for the 2023 fiscal year ending September 30, has widened to $1.7 trillion. Due to interest rate hikes by the US central bank to curb inflation, the cost of debt for the United States has ballooned, with Washington paying $162 billion more for interest in the last fiscal year compared to 2022.
12.11 / 03:30
President
Sharad Pawar feels unwell during meeting, advised rest by doctors
Nationalist Congress Party president Sharad Pawar felt unwell during a meeting in his hometown Baramati in Maharashtra's Pune district and has been advised rest by doctors, party sources said. Pawar was on Saturday evening attending a meeting at Vidya Pratishthan, a trust controlled by his family, when he felt unwell and was immediately examined by doctors, they said.
12.11 / 03:30
Waves
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Madhya Pradesh Assembly Polls: Both BJP, Congress on tenterhooks in MP despite victory claims
BJP and the Congress remember the results of the 2018 elections, because both the parties did not get an absolute majority in that election. While the Congress won 114 seats, the BJP won 109 seats.
12.11 / 02:53
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US House Speaker Johnson floats two-step measure to avert gov't shutdown
Mike Johnson unveiled a Republican stopgap spending measure on Saturday aimed at averting a government shutdown a week from now, but the measure quickly ran into opposition from lawmakers from both parties in Congress. Unlike ordinary continuing resolutions, or "CRs," that fund federal agencies for a specific period, the measure announced by Johnson would fund some parts of the government until Jan.
12.11 / 02:53
Reuters
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Israel-Gaza War Day 38: Israel says will help 'evacuate babies from Al Shifa Hospital' | Top updates
Israel-Gaza War LIVE 1. The Chief Israeli military spokesperson Admiral Daniel Hagari, said that the military will facilitate the evacuation of children who are currently trapped in Gaza's Al Shifa Hospital on the upcoming Sunday. “The staff of the Shifa hospital has requested that tomorrow we help the babies in the pediatric department to get to a safer hospital.
12.11 / 02:53
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2020
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Trump plans sweeping undocumented immigrant roundups, detention camps
Donald Trump, if re-elected in 2024, would expand his first-term immigration crackdown to include sweeping roundups of people who would be held in large camps to await deportation, the New York Times reported on Saturday. The report was based on interviews with several advisers, including Stephen Miller, who oversaw Trump's first-term immigration policies, the Times said. It described Trump's plans as "an assault on immigration on a scale unseen in modern American history" and said it aimed to deport millions of people every year, including those who have been settled in the United States for decades.
12.11 / 02:30
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Fallout
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House Republicans
House Republicans look to pass two-step package to avoid partial government shutdown
«This two-step continuing resolution is a necessary bill to place House Republicans in the best position to fight for conservative victories,» Johnson said in a statement after speaking with GOP lawmakers in an afternoon conference call. «The bill will stop the absurd holiday-season omnibus tradition of massive, loaded up spending bills introduced right before the Christmas recess.» The bill excludes funding requested by President Joe Biden for Israel, Ukraine and the US border with Mexico.
12.11 / 02:30
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London police arrest over 120 as pro-Palestinian rally draws counter-protests
London on Saturday, with police arresting over 120 people as they sought to stop far-right counter-protesters from ambushing the main rally. Skirmishes broke out between police and the far-right groups gathered to protest against the demonstration taking place on Armistice Day, the anniversary of the end of World War One, when Britain commemorates its war dead. Prime Minister Rishi Sunak condemned the violence seen at the Cenotaph war memorial and also attacked «Hamas sympathisers» who joined the bigger rally, «singing antisemitic chants and brandishing pro-Hamas signs and clothing on today's protest». Tensions had been running high before Saturday's march — the biggest in a series to show support for the Palestinians and call for a ceasefire in the Gaza Strip — after interior minister Suella Braverman called them «hate marches» led by «mobs». London's Metropolitan Police had refused ministerial requests to block the event, saying they did not have indications that there would be serious violence, straining relations with the government. Police said in a statement late on Saturday that they had arrested 126 people so far, the majority of whom were right wing protesters who formed part of a group several hundred strong which police said included football hooligans.
12.11 / 02:17
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Diwali 2023- IRFC, PFC, Jindal Saw, UCO Bank among top mid, smallcap gainers during last year
Indian stock market: Indian Railway Finance Corporation ltd (IRFC), REC Ltd, PFC (Power Finance Corporation Ltd) , UCO Bank, SJVN Ltd stand amongst the top mid cap gainers during Samvat 2079 having given 127-258% returns to investors during last one year. IRFC saw maximum gains followed by others The investor's confidence remained very strong on mid and small caps and the returns given by mid and small Indices have beaten Sensex and Nifty returns. The Sensex and Nifty are up by around 11% during the last year.
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