RBI gives 4 cues for next finance minister of NDA coalition to work on in Union Budget

In 2024, cyber crimes in Mumbai have surged by 350%, with citizens losing Rs1,181 crore in just 11 months, compared to Rs262.51 crore in 2023. Investment fraud and task job fraud cases have seen a significant rise, with only Rs139.15 crore (11.77%) of the total losses recovered. The low recovery rate is attributed to delays in reporting incidents, challenges in obtaining information, and criminals operating from other states and abroad. Full Article

Two US Navy pilots were shot down over the Red Sea in a "friendly fire" incident while the US military targeted Yemen's Houthi rebels, highlighting the dangers in the region. The pilots were recovered alive, with one sustaining minor injuries. The incident involved the USS Harry S. Truman aircraft carrier and a guided-missile cruiser, leading to questions about the mission and the overall safety of the Red Sea corridor. Full Article

In a rare gesture, Kuwaiti Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah personally saw off Indian Prime Minister Narendra Modi at the airport, showcasing the strong ties between the two nations. During his historic visit to Kuwait, PM Modi held discussions with Kuwaiti leaders on enhancing collaboration in various sectors, leading to the elevation of their partnership to a strategic level. The visit marked the first by an Indian Prime Minister to Kuwait in four...

Amid rising air power threats from China and Pakistan, the Indian Air Force faces a shortage of fighter aircraft. To address this, the Defence Ministry has formed a high-level committee led by Defence Secretary Rajesh Kumar Singh. The committee aims to enhance the Air Force's capabilities through indigenous design, development, and acquisition projects, with a report expected in the next two to three months. Full Article

Tensions between the United States and Pakistan have escalated due to Pakistan's development of long-range nuclear missiles, including ICBMs capable of reaching the US. Pakistan's attempt to leverage the US against India's missile capabilities was rejected, leading to a shift in focus towards advancing its own missile programme targeting the US, notably with the Shaheen-III missile. In response, the US imposed sanctions on companies linked to Pakistan's missile programme, highlighting growing concerns over Pakistan's missile...

City police have requested the Gala de Fort Kochi club to remove their 50ft-tall Pappanji effigy at Veli Ground due to safety concerns, impacting Christmas and New Year preparations. With inadequate police personnel for New Year's Eve, concerns over security risks at the effigy burning event have arisen, prompting discussions between organisers and authorities. The tradition of setting up the effigy at Veli Ground faces potential cancellation, following previous security denials, while efforts are made...