Sunday, 22 December 2024
Sunday, 22 December 2024
India is expected to become the third-largest economy in the world with a GDP of $5 trillion in the next three years and touch $7 trillion by 2030 on the back of continued reforms, the finance ministry said. Today, it is the 5th largest with a GDP of $3.7 trillion (estimate FY24), despite the pandemic and despite inheriting an economy with macro imbalances and a broken financial sector, said the ministry's January 2024 review of the economy.
A day after Chief Minister Nitish Kumar formed the government in Bihar in alliance with the NDA, hectic lobbying started for the post of assembly speaker, and other legislators to be included in the council of ministers. According to sources, the cabinet secretariat is expected to issue a notification pertaining to portfolio distribution by evening.
An Indian naval warship deployed along the east coast of Somalia responded to a distress call regarding hijacking of an Iranian-flagged fishing vessel after it was boarded by some pirates. INS Sumitra intercepted the vessel and acted in accordance with the established SOPs to coerce the pirates for safe release of the crew along with the boat, Navy spokesperson Commander Vivek Madhwal said.
Congress leader Rahul Gandhi's 'Bharat Jodo Nyay Yatra' entered Bihar through Kishanganj. Gandhi alleged that the ideologies of the RSS and the BJP are spreading violence and hatred in the country.
The main Opposition MDP, which holds a majority in the Maldivian Parliament, is planning to submit a motion to impeach President Mohamed Muizzu, according to media reports on Monday. After the Maldivian Democratic Party (MDP) and The Democrats’ parliamentary group decided to withhold parliamentary approval for four members of President Muizzu’s cabinet ahead of the voting, the pro-government MPs from the ruling party Progressive Party of Maldives and People’s National Congress (PPM/PNC) coalition initiated a protest, obstructing the parliamentary sitting.
An Enforcement Directorate team visited the residence of Jharkhand Chief Minister Hemant Soren in Delhi in connection with a money laundering investigation, official sources said. Security has been tightened at the CM House, Raj Bhavan and central government offices in Jharkhand capital Ranchi due to this reason.
Supreme Court ordered continuance of the interim stay on the operation of the Allahabad High Court order for a court-monitored survey of the Shahi Idgah Mosque complex adjoining the Krishna Janmabhoomi temple in Mathura. "Interim orders wherever granted shall continue. Re-list in first half of April, 2024," the bench said in its order and directed the parties to complete the pleadings by then.
President Joe Biden said that the US 'shall respond' after three American troops were killed and dozens more were injured in an overnight drone strike in northeast Jordan near the Syrian border. Iran views claims it is involved in an attack that killed three U.S. service members in northeastern Jordan near Syria's border as 'baseless', foreign ministry spokesperson Nasser Kanaani said.
Adani Green Energy Ltd (AGEL) said it has completed the funding for redemption of its $750 million bonds, eight months ahead of their maturity. On January 8, AGEL had announced a plan to ensure early redemption of its $750 million bonds.
India have dropped to fifth behind Bangladesh in the World Test Championship standings after their shock 28-run defeat to England in the first Test in Hyderabad. Rohit Sharma's men have suffered in terms of accumulated percentage points, going down from 54.16 after the South Africa series to 43.33 currently.
