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Highlights of the day: Fitch affirms India at 'BBB-', outlook stable

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India, Indians, Locals, Indian economy

India is poised to remain one of fastest-growing countries globally in next few years, says Fitch. (Photo: Bloomberg)

News updates: Ratings agency Fitch has affirmed BBB- rating for India, with the outlook stated as stable."India is poised to remain one of fastest-growing countries globally in next few years," the ratings agency said. It also added that beyond FY24 there is "less certainty on fiscal path and trade-offs between economic growth and consolidation may become more acute."

Another cheetah died on Tuesday afternoon in the Kuno National Park in Madhya Pradesh - the 10th such death since their reintroduction in India in 2022. The Namibian cheetah was named Shaurya and the cause of death will be known after the post-mortem, said an official statement. So far, seven adults and three cubs have died at the national park - deaths that have been attributed to various infections.

Several tax reforms were brought in last 10 years resulting in record tax collection, says PM Modi.said fight against corruption and action against corruptors were the government's priority. "You all must have got information on the NITI Aayog report that was released yesterday. When a government is sensitive about poor people and when a government works with a clear motive to eliminate the sufferings of poor, there will be results. NITI Aayog has said that, in our 9 years government, around 2.5 million people have escaped poverty. In the country where for years there were slogans of 'Garibi hatao'," he said.


Prime Minister Narendra Modi visited Andhra Pradesh today where inaugurated the new campus of the National Academy of Customs, Indirect Taxes and Narcotics at Palasamudram. PM Modi will also hold a road show in Kerala's Kochi.

A division bench of the Supreme Court today gave split verdict on a plea by ex-Andhra Pradesh Chief Minister N Chandrababu Naidu for quashing of FIR against him in the Skill Development Corporation scam case. The two judges on the bench took opposing stances on the interpretation of Section 17A of the Prevention of the Corruption Act which talks about taking sanction before beginning proceedings against any public.

The Supreme Court has stayed the implementation of the Allahabad HC order for court-monitored survey of Shahi Idgah adjoining Krishna Janmabhoomi temple in Mathura. The top court  has sought reply of Hindu outfit Bhagwan Shr iKrishna Virajman and others on the plea of the mosque committee against the High Court order for survey of Shahi Idgah.The case is related to the disputed site in Uttar Pradesh's Mathura, where petitioners claim that the Shahi Idgah mosque adjacent the Krishna Janmabhoomi temple holds signs which imply that it was once a Hindu temple.

On Tuesday afternoon, Prime Minister Narendra Modi will unveil the National Academy of Customs, Indirect Taxes and Narcotics (NACIN) institute in Andhra Pradesh's Sri Satyasai district and also travel to the famous Lepakshi temple. PM Modi will visit  different departments at NACIN, plant saplings there and also engage in converstion with construction workers. A state government press  stated that Modi will reach Palasamudram on Tuesday afternoon release. PM Modi will also present an accreditation certificate to NACIN and deliver an address. NACIN is an institute under the aegis of the Government of India, which procives capacity building in the field of indirect taxes, offer training to officers from various countries in customs, drug laws and environment protection.
 
Former US President' Donald Trump has secured victory in Iowa's leadoff presidential caucuses.Trump's win on Monday night gives him a strong start in the race for the 2024 Republican presidential nomination as the contest moves to New Hampshire. Trump's biggest primary rivals are Former UN Ambassador Nikki Haley and Florida Governor Ron DeSantis. Both are targeting a second-place finish in Iowa that would give them at least some momentum heading into future races.Iowa is seen by analysts as crucial for cull the candidates and giving those left a jumping-off  point for the rest of the race.Trump has a commanding lead that his rivals have been unable to blunt as he takes his momentum into New Hampshire in eight days. Iowa residents bundled into more than 1,600 voting locations across the state, facing sub-zero temperatures in a winter storm that compelling candidates to cancel events at the last minute.

Trump's biggest primary rivals are Former UN Ambassador Nikki Haley and Florida Governor Ron DeSantis. Both are targeting a second-place finish in Iowa that would give them at least some momentum heading into future races.

 Around 30 flights departing from Delhi's Indira Gandhi International (IGI) airport were delayed and 17 were cancelled because of cold weather conditions, airport officials said. The minimum temperature dipped to 5 degrees Celsius. Many passengers had to wait at the airport with their luggage as their flights kept getting delayed. 

10:39 PM

Indian women hockey team beats Italy 5-0 to enter semi-finals of Olympic Qualifiers in Ranchi

9:32 PM

Ratings agency Fitch affirms India at 'BBB-', outlook stable

Ratings agency Fitch has affirmed BBB- rating for India, with the outlook stated as stable."India is poised to remain one of fastest-growing countries globally in next few years," the ratings agency said. It also added that beyond FY24 there is "less certainty on fiscal path and trade-offs between economic growth and consolidation may become more acute."
6:30 PM

10th cheetah dies at Kuno National Park in Madhya Pradesh

Another cheetah died on Tuesday afternoon in the Kuno National Park in Madhya Pradesh - the 10th such death since their reintroduction in India in 2022. The Namibian cheetah was named Shaurya and the cause of death will be known after the post-mortem, said an official statement.
 
So far, seven adults and three cubs have died at the national park - deaths that have been attributed to various infections.
6:27 PM

Several tax reforms were brought in last 10 years resulting in record tax collection, says PM Modi

Several tax reforms were brought in last 10 years resulting in record tax collection, says PM Modi.said fight against corruption and action against corruptors were the government's priority. "You all must have got information on the NITI Aayog report that was released yesterday. When a government is sensitive about poor people and when a government works with a clear motive to eliminate the sufferings of poor, there will be results. NITI Aayog has said that, in our 9 years government, around 2.5 million people have escaped poverty. In the country where for years there were slogans of 'Garibi hatao'," he said.
5:06 PM

LIVE update: PM Modi unveils apex training institute in Andhra Pradesh

Prime Minister Narendra Modi today unvieiled the new campus of the National Academy of Customs, Indirect Taxes and Narcotics at Palasamudram, Andhra Pradesh
4:27 PM

LIVE update: HDFC Bank's profit jumps 34 per cent to Rs 16,373 crore in Q3


3:56 PM

BJP politicised Ram temple consecration, difficult to attend: Rahul Gandhi

Rahul Gandhi, Congress leader  stated on Tuesday that it is challenging for his party's leaders to participate in the January 22 Ram temple consecration ceremony. He expressed concerns that the BJP and RSS have transformed the event into a "political event" with a focus on Prime Minister Narendra Modi. These comments were made during a press conference as part of the Bharat Jodo Nyay Yatra. Notably, this statement follows the decision by the Congress leadership to decline the invitation to the Ram temple event in Ayodhya, Uttar Pradesh.
3:29 PM

Hyundai expects SUV sales to account for 65% of total volumes

Hyundai Motor India anticipates that sports utility vehicle (SUV) sales will constitute 65 per cent of its total volumes in 2024, as revealed by the Chief Operating Officer, Tarun Garg. Presently, the company derives approximately 60 per cent of its overall volumes from SUV sales. In a move to bolster its operations, Hyundai plans to invest Rs 7,000 crore in the development of its second plant located in Talegaon, as stated by Maharashtra Deputy Chief Minister Devendra Fadnavis. Notably, the company officials have refrained from providing further comments on this matter.
2:55 PM

BJP fields Dara Singh Chouhan as candidate for forthcoming by-poll to Uttar Pradesh Legislative Council

2:51 PM

Have begun internal enquiry to address issue: IndiGo on show cause notice issued by aviation ministry

"IndiGo is in receipt of a show cause notice from MoCA's Bureau of Civil Aviation Security (BCAS) with regard to flight 6E 2195 from Goa to Delhi, diverted to Mumbai on January 14, 2024. IndiGo has already initiated an internal enquiry to address the issue and will be responding to the notice as per protocol."
                                                 
                                                                                                              -IndiGo on show cause notice issued by aviation ministry
2:30 PM

Bharat Jodo Nyaya Yatra is ideological in nature, will bring up injustice, says Rahul Gandhi

"I feel that the INDIA alliance is placed very well in taking on the BJP in 2024. The Yatra is an ideological yatra, it is designed to place certain issues on the table, and frankly to place query on the table - the issue of huge amoung of injustice that is taking place in this country"
 
                                                                               -Congress leader Rahul Gandhi in Kohima
 
2:11 PM

WFI (Wrestling Federation of India) not to challenge its suspension by sports ministry: Report

 
WFI-affiliated state units decide to send teams for nationals to be conducted by National Federation and not to the event organised by ad-hoc panel, says WFI President Sanjay Singh
2:04 PM

Gyanvapi case news: SC allows application of Hindu petitioners seeking cleaniliness around‘wazukhana’

The SC says, area of ‘wazukhana’ of Gyanvapi mosque where the ‘Shivling’ was found shall be cleaned under the supervision of district administration Varanasi, keeping in mind the previous orders of the top court.
1:48 PM

Supreme Court delivers split verdict on Chandrababu Naidu's plea on Skill Development scam case

 
 
Justice Bela Trivedi says section 17A of PC Act will not apply retrospectively, upholds high court's order refusing to quash FIR
1:43 PM

Uniqlo sues Chinese fashion company Shein

Alleging that Shein had imitated its round, tiny shoulder bag design, Fast Retailing said today that its Uniqlo division had sued  the Chinese fashion brand's owners in Japan.

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First Published: Jan 16 2024 | 9:30 PM IST

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