LIVE: Whirlpool India's MD Vishal Bhola resigns, CEO Eswar to take charge

Catch all the latest news updates from across the globe here

8:36 AM

CM Dhami chairs meeting on Joshimath, assures support to affected families

Uttarakhand chief minister Pushkar Singh Dhami on Thursday chaired a meeting with all stakeholders on the Joshimath land subsidence issue.

During the meeting, the chief minister interacted with the Army, ITBP, NDRF and scientists from various establishments engaged in landslide investigation, district administration, police and district-level officers associated with essential services at Sunil ITBP camp.

The CM said that the safety of the citizens is our biggest responsibility. He instructed everyone to ensure all arrangements for the safety of the people, a release from the chief minister's office said.

8:36 AM

AAP government sends new dates for MCD Mayoral election to Guv

After the meeting to elect the Mayor of Municipal Corporation of Delhi (MCD) proved futile due to the tussle between AAP and BJP councillors on January 6, the Aam Aadmi Party (AAP) government on Thursday proposed four dates for holding the polls to Lieutenant Governor V.K. Saxena.

Underlining that the MCD is being run without a Mayor for the last eight months, the AAP government sent a proposal to the L-G for holding the Mayoral election on January 18, 20, 21 or 24.

"A proposal has been sent to the L-G for holding the Mayoral election in Delhi on January 18, 20, 21 or 24. He has been requested that the MCD has been working without a Mayor for the last eight months. Therefore, it is not good to delay it further," Deputy Chief Minister Manish Sisodia tweeted.

8:35 AM

2022 confirmed as one of warmest years on record, fueled by GHGs: WMO

The past eight years were the warmest on record globally, fueled by ever-rising greenhouse gas concentrations and accumulated heat, according to six leading international temperature datasets consolidated by the World Meteorological Organization (WMO).

The average global temperature in 2022 was about 1.15 [1.02 to 1.27] °C above the pre-industrial (1850-1900) levels. 2022 is the 8th consecutive year (2015-2022) that annual global temperatures have reached at least 1°C above pre-industrial levels, according to all datasets compiled by WMO. 2015 to 2022 are the eight warmest years on record.

According to the WMO statement, the likelihood of - temporarily - breaching the 1.5°C limit of the Paris Agreement is increasing with time. The persistence of a cooling La Nina event, now in its third year, means that 2022 was not the warmest year on record, but is "only" the fifth or sixth warmest.

8:34 AM

IMF chief expects to keep 2023 global growth forecast steady at 2.7%

The International Monetary Fund is not expected to downgrade its forecast for 2.7% growth in 2023, the head of the global lender said on Thursday, noting that concerns about an oil price spike had failed to materialize and labor markets remained strong.

IMF Managing Director Kristalina Georgieva said 2023 would be another "tough year" for the global economy, and inflation remained stubborn, but she did not expect another year of successive downgrades like those seen last year, barring unexpected developments.

"Growth continues to slow down in 2023," she told reporters at the IMF's headquarters in Washington. "The more positive piece of the picture is in the resilience of labor markets. As long as people are employed, even if prices are high, people spend ... and that has helped the performance."