International news
Burkina Faso junta announces new prime minister
Burkina Faso’s ruling military junta has announced a significant political change by appointing Rimalba Jean Emmanuel Ouedrago as the new Prime Minister. The move comes a day after the junta dissolved the national government without giving any justification. The country is grappling with serious security challenges and political instability under military rule.
John Mahama returns as President of Ghana
Former President of Ghana, John Dramani Mahama, Has made a historic comeback to power by defeating the ruling party New Patriotic Party (NPP) In the presidential election. The victory marks Mahama’s third attempt to reclaim the presidency after losses in 2016 and 2020. The election reflects voters’ disappointment with the way the NPP has handled the severe economic crisis under President Nana Akufo-Addo. Mahama’s victory has been seen as a significant political shift in Ghana, a country known for its democratic stability.
The number of billionaires in India increased to 185, a decline is seen in China amid recession.
India has seen a significant increase in the number of billionaires. Reaching 185 in 2024marking a 20% increase to 153 in 2023This surge places India at third position globally after the US and China. ubs Billionaire Ambitions Report Highlights India’s growing wealth driven by family-based businesses and diverse sectors including pharma, fintech and edtech. Meanwhile, the number of China’s billionaires has declined 520 in 2023 to 427 in 2024, Due to economic downturn and regulatory changes. The report estimates that India’s billionaire growth trajectory will continue to be similar to China’s growth pattern through 2020.
End of the Assad dynasty: One family’s 50-year rule over Syria ends
After more than five decades of unbroken power, Assad family rule in Syria A dramatic halt has come. led by rebel forces Hayat Tahrir al-Sham (HTS)Broke the heart of the regime in Damascus, forcing President Bashar al-Assad to flee. It marks the end of the rule of the Alawite dynasty, which began in 1970 when Hafez al-Assad took over.
state news
Amit Shah unveils Sardar Patel statue in Jodhpur
Union Home Minister and Cooperation Minister Shri Amit Shah unveiled one 11 feet high statue of Sardar Vallabhbhai Patel in Jodhpur, Rajasthan, In the presence of Union Minister Shri Gajendra Singh Shekhawat and other dignitaries. Made of several metals and weighing 1,100 kg, this statue stands on an 8 feet high pedestal. During the unveiling ceremony, Shri Amit Shah highlighted the immense contribution of Sardar Patel to the unity of India, his historical importance and the recognition he received under the leadership of Prime Minister Narendra Modi.
defense news
India plans anti-drone unit for border security
Union Home Minister and Cooperation Minister Amit Shah announced that India will establish a comprehensive anti drone unit Protecting the nation from drone related threats. Speaking at the 60th Foundation Day Parade Shah, who heads the Border Security Force (BSF) in Jodhpur, Rajasthan, particularly highlighted the growing drone challenge on the borders. The government, in collaboration with various security forces and research departments, has developed a laser-equipped anti-drone gun mount system, which has significantly improved drone interception rates.
economy news
RBI launches Secured Overnight Rupee Rate (SORR)
The Reserve Bank of India (RBI) has announced the development Secure Overnight Rupee Rate (SORR) As a new benchmark for the interest rate derivatives market, based on securitized currency market transactions Market Repo and Tri-Party Repo (TREPS)SORR, will be developed with the support of Financial Benchmark India Limited (FBIL)aims to offer a trading-based, robust and manipulation-resistant benchmark that reflects real market dynamics, as opposed to Mumbai Inter-Bank Offer Rate (MIBOR)Which depends on polling data.
India’s FDI inflows exceed $1 trillion, strengthening global investment position
India has achieved an important achievement Foreign direct investment (FDI) inflows exceed $1 trillion between April 2000 and September 2024, Strengthening its position as a top investment destination. with cumulative FDI reached 1,033.4 billion dollarsEquity, including reinvested earnings and other capital, has seen substantial growth in the country, especially after 2014. This surge in investment is a result of favorable government policies, strong economic performance and key sectors such as services, software, telecommunications and manufacturing.
RBI unveils MuleHunter.AI to fight financial frauds
The Reserve Bank of India (RBI) through its Innovation Hub (RBIH) has launched MuleHunter.AIA State-of-the-art AI tools Designed to trace and flag origin bank accounts involved in illicit financial activities, especially money laundering. The initiative comes in response to growing concerns over online financial fraud 67.8% of cyber crime cases come from this In India. Using advanced machine learning algorithms, MuleHunter.AI aims to streamline the identification process, significantly improving the detection of mule accounts over traditional rules-based systems.
Rank and report news
India tops global list in terms of mobile malware attacks
India has emerged as the global leader in mobile malware attacks, surpassing the United States and Canada. a fresh Zscaler ThreatLabz 2024 Report It turns out that now India has an account to be reckoned with. 28% of global mobile malware attacksfrom to Third place last year. This surge highlights the growing vulnerability of Indian businesses and individuals, especially as cyber threats are increasing with the country’s rapid digital transformation. Trojan and phishing attacks targeting the financial sector have seen a significant increase, making cybersecurity a critical need for Indian enterprises.
banking news
RBI eases FCNR (B) deposit rates to boost foreign inflows amid global slowdown
Reserve Bank of India (RBI) has increased the interest rate limit foreign currency non resident bank [FCNR(B)] Deposits to attract foreign capital inflows. However, experts estimate that its impact will be limited due to the availability of cheap foreign currency funding options in global markets. The move is part of broader measures aimed at supporting the rupee and increasing dollar inflows.
important day news
International Day of Memory and Respect of the Victims of the Crime of Genocide 2024
Celebrated every year on 9th December as International Day of Remembrance and Honor of the Victims of the Crime of Genocide and of the Prevention of this CrimeThe day holds immense significance as it honors the victims of genocide and underlines the global commitment to stop such atrocities. It also symbolizes the adoption of United Nations Genocide Convention On December 9, 1948 – a cornerstone document in international law aimed at combating genocide.
International Anti-Corruption Day 2024: December 9, 2024
international anti corruption day celebrated globally 9 December Every year to raise awareness about the devastating impact of corruption and to emphasize the importance of transparency, accountability and integrity in governance and society. The day unites individuals, governments and organizations across the world to fight corruption and its far-reaching consequences.
sports news
Bangladesh wins in Under-19 Asia Cup final, beats India by 59 runs
Bangladesh U-19 successfully defend their Asia Cup title With an impressive 59 run win over India in the final. Despite a solid start from India’s bowlers, Bangladesh set a challenging target of 199 runs and India faltered in the chase and were all out for 139 runs in 35.2 overs. Dominant performances from Mohammad Shihab James, Rizan Hossan and Azizul Hakim helped Bangladesh post a competitive score, while Hakim, Iqbal Hossain Amon and Rizan Hossan dismantled India’s batting line-up, taking three wickets each.
Norris wins Abu Dhabi GP, McLaren’s 26-year wait ends
lando norris performed exceptionally well in Abu Dhabi Grand Prix, Claiming victory in a race marked by incidents, penalties and emotional moments. their victory is over McLaren’s 26-year wait for the Constructors’ ChampionshipThis feat was last achieved in 1998. The victory also capped a challenging race for other drivers, including Max Verstappen and Lewis Hamilton, who finished fourth in his final race for Mercedes.
Devjit Saikia appointed as acting secretary of BCCI
Former Assam cricketer Devajit Saikia has been named Acting Secretary of the Board of Control for Cricket in India (BCCI)fill the vacancy left by Jai Shahwho recently assumed this role President of the International Cricket Council (ICC)BCCI President took this decision roger binneyUsing their constitutional powers. Saikia’s appointment is a temporary arrangement under the BCCI constitution until a permanent secretary is appointed.
awards news
HSL wins at 3rd PSU Transformation Awards 2024
Hindustan Shipyard Limited (HSL), Leader in India’s shipbuilding and ship repair industry, Received two prestigious awards at the 3rd PSU Transformation Awards 2024. The event held at Shangri-La, New Delhi on 5th December recognized HSL’s efforts in innovation and technological advancement in the maritime sector. These accolades highlight the company’s commitment to leading-edge solutions in shipbuilding, strengthening its position as a major player in the sector.
science and technology news
Google’s AI model outperforms top weather forecasting systems
google deepmind have introduced A groundbreaking artificial intelligence (AI) model called ‘gencast’ who is able to provide Highly accurate weather forecast, The European Center for Medium-Range Weather Forecasts (ECMWF) supersedes ENS as the leading operational weather forecast system. AI models, which can not only predict day-to-day weather but also track extreme weather events like deadly hurricanes, have been hailed as a significant step forward in weather forecasting.
