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News Highlights provides you with the best compilation of the Daily News Highlights taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies
1.
With domestic demand seen waning amid a spike in inflation and input costs, investment plans by India's private sector took a hit, falling 1.4% in the October-December quarter (Q3) of 2024-25 after a fleeting recovery in the second quarter (Q2). However, government capex plans registered a sharp growth, lifting over- all fresh investments in the economy by 9.9% in Q3 to 11.46 lakh crore from an updated tally of ₹10.43 lakh crore recorded in Q2. This rise was led by a 34.6% spike in fresh investments by State governments over Q2 levels, almost thrice the 11.8% growth in new out- lays announced by the Un- ion government.
2.
This is not a permanent end to the war. But given the violence that Israel and Gaza have witnessed since October 7, 2023, even a pause in the war is a great relief, especially for Gaza's 2.3 million Palestinians. The agreement is expected to be implemented in three phases. In the first phase, Hamas will release 33 hostages, while Israel will release about 1,000 Palestinian security prisoners. The second phase would see more exchanges of hostages and prisoners and both sides are required to announce a permanent end to the hostilities. The third phase will involve discussions on the 'day after', including who should be in charge of Gaza.
3.
When the Taliban captured power on August 15, 2021, 13 members of the United States troops were killed in an Islamic State (IS) suicide attack, and $7.1 billion worth of U.S. weaponry was left behind in Afghanistan. However, the U.S. and the West as well as China and Russia bent backwards to work with the Taliban. In the days preceding the Taliban's capture of Afghanistan, the "Troika Plus", of the U.S., China and Russia with Pakistan, had tried to coordinate their efforts in Afghanistan to keep India completely out and ignore our vital interests. In the UNSC, even an innocuous reference to the Heart of Asia Conference on Afghanistan was deleted from the draft statement because India was one of the countries attending it.
4.
The Insolvency and Bankruptcy Code, 2016 (IBC) is one of India's most significant economic reforms, introduced to address the challenges of insolvency resolution in a structured and time-bound manner. The recent Supreme Court of India judgment in Jet Airways (State Bank of India & Ors. vs The Consortium of Mr. Murari Lal Jalan and Mr. Florian Fritsch & Anr.) has laid bare the many structural infirmities that are plaguing India's insolvency regime. The effective implementation of the Insolvency and Bankruptcy Code (IBC) hinges on the performance of the National Company Law Tribunal (NCLT) and its appellate body, the National Company Law Appellate Tribunal (NCLAT). These tribunals face the dual burden of handling corporate insolvencies under the IBC and cases under the Companies Act. This institutional architecture, however, suffers from what might be termed "temporal disjunction".
5.
The Telecom Regulatory Authority of India (TRAI) will be using distributed ledger technology (DLT) to register spam preferences from customers, TRAI chairman said. Spam rules will be tightened to make commercial messages traceable, the TRAI has indicated. The TRAI regulates the telecom industry, and its main role is in regulating Unsolicited Commercial Communications (UCC), the official name for spam. If a telecom customer signs up to the DND registry, they are not supposed to get any spam calls or SMS messages. TRAI had also worked with an external agency to develop a DND app, which would allow customers to register their DND preference, and accept complaints. Under the Telecom Commercial Communication Customer Preference Regulation (TCCCPR), 2018, telemarketers who called or sent messages to DND-registered customers would receive warnings, and if enough warnings accumulated, they would be blacklisted from sending messages to telecom operators.
6.
By addressing labour market shortages in host nations and contributing remittances to home countries, International Migrants (IM) continue to make contributions to world economic growth, the fourth edition of 'Global Estimates on International Migrant Workers', released by the International Labour Organization (ILO), said. In 2022, IMs made up 4.7% (167.7 million) of the global labour force, defined as both employed and unemployed (but available for work); over 30 million more than in 2013. An estimated 155.6 million were employed and 12.1 million unemployed. High-income countries absorbed the largest number of IMs, accounting for 68.4% (114 million people), in key sectors such as services, especially in the provision of care. A higher proportion of IM males were employed; 61.3% out of a total of 102.7 million. Conversely, only 38.7% female IMs were employed out of a total of 64.9 million in 2022.
7.
The Navies of nine Indo- Pacific countries, including India, are taking part in a multilateral exercise, La Perouse, hosted by France in the strategic straits of Malacca, Sunda, and Lombok, between the Indian Ocean and the Pacific Ocean. The Indian Navy has deployed its guided-missile destroyer INS Mumbai for the exercise scheduled from January 16 to 24 and led by the French Carrier Strike Group (CSG) headed by the carrier Charles de Gaulle. Australia, Canada, France, India, Indonesia, Malaysia, Singapore, the U.K., and the U.S. are part of the exercise.
8.
The principal goal of those developing or using cryptographic systems is to improve system security. Cryptography from the English roots of "hidden writing" - is the name for techniques that secure information by converting plain text into ciphertext. It is concerned with the creation and use of encrypted messages that only the sender and the receiver can understand and which a malicious actor who interferes with the communication can't. Cryptographic algorithms convert messages in ways that make it very difficult, very expensive, or both to decode them.
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