Shipment from abroad stuck at ports after new payment system glitches
In a two series tweet, CBIC said CBIC has noted difficulties being faced by members of the trade in making duty payments over the customs automated system. It maybe noted that an upgraded and modern system of payment is live since 1/4/ 2023. Our technical teams are working overtime to fix some teething issues and the problems being temporarily noticed will be resolved at the earliest. . Key Points
Economic TimesInstagram outage fixed, company blames ‘technical issue’ for inconvenience
In a Twitter post, Instagram Comms – the platform’s PR team said that the outage was caused due to a ‘technical issue’ which caused people to have trouble accessing the app. The issue, it says, has now been ‘resolved’ for everyone. Key Points
mintRussia seeks an 8-year prison term for an artist and musician who protested the war in Ukraine
Nearly 750 people have faced criminal charges for their antiwar stances. Russian authorities on Wednesday demanded an eight-year prison term for an artist and musician who was jailed after speaking out against Moscow's war in Ukraine. Key Points
The Tribune IndiaKrejcikova and Ostapenko advance to Birmingham Classic semifinals
Krejcikova eased past fellow Czech Linda Fruhvirtova 6-3, 6-2. The 2021 French Open champion never faced a break point. | Tennis News Key Points
Hindustan TimesDC vs RR Match Preview: Capitals aim to avoid 3rd straight loss in game against explosive Royals – Check probable XI, pitch report and more
In the nine encounters between RR and DC, Jos Buttler has faced Anrich Nortje and scored 72 runs at a strike rate of 163.63, while also being dismissed twice. Key Points
Financialexpress
BSP MP meets PM, draws his attention towards works done in Amroha
BSP MP Kunwar Danish Ali met PM Modi and discussed development works in his constituency and issues related to the welfare of Muslims. He also highlighted the need for addressing key issues associated with the Muslim community to make them a massive human resource for India's growth. Additionally, he drew attention to the problems faced by residents in Amroha and urged for the construction of a railway line, passport processing center, high court bench, and institutes like IIT and AIIMS in west UP. Key Points
Hindustan TimesStudents face anti-Hindu hate, pressure to convert, says report on UK schools
A report by an independent, London-based think tank reveals the extent of discrimination and bullying faced by Hindu students in schools in Britain. The report surveyed 988 Hindu parents and found that 51 per cent of them reported that their children had faced discrimination at schools in the UK. Key Points
India Today'Virat Kohli would have faced difficulties in our era but...' - Shoaib Akhtar
Cricket News: Former Pakistani fast bowler Shoaib Akhtar praises Virat Kohli and compares him to legendary batsmen of the past. Akhtar believes Kohli would have been successful in any era and wishes for him to score 100 centuries. The article also highlights Kohli's achievements and his comparison with Sachin Tendulkar. Key Points
Times Of IndiaFitch Ratings report highlights concerns as Asia-Pacific corporates face continued deterioration in 4Q23
New Delhi [India], January 26 (ANI): Fitch Ratings has reported a further deterioration in its portfolio of Asia-Pacific (APAC) corporates during the fourth quarter of 2023. As per Fitch Ratings, the cumulative net downgrades have reached a record high of 235 since early 2019, underscoring the ongoing challenges faced by businesses in the region. Show […] Key Points
ThePrint'Survivor' guitarist Frankie Sullivan's home burglarized, watches worth $300,000 stolen
In the hills of the San Fernando Valley, Survivor band co-founder Frankie Sullivan faced a burglary as thieves target high-value homes. Law enforcement, linking the break-ins to a South American crew, advises enhanced security measures, echoing the recent woes of Keanu Reeves and others in the star-studded neighborhood. Key Points
Economic Times
Tailwinds to continue: 6 capital goods and engineering stocks with upside potential of up to 40%
Capital goods and engineering companies had faced tough times for many years. Given the fact that hardly any capacity buildup was taking place in any industry, a number had to change their product portfolio and had to live with very low margins. But all the efforts have now started to show some results. Three things impact the demand for capital goods . First, spending by the government, spending by the private sector. Last but not the least the focus of the government policies. After the state election results, there is a higher probability that two out of three factors are likely to continue to play. Will this lead to another round of strong re-rating? Key Points
Economic TimesChina economic outlook: Govt says all is well, but there’s gloom on the ground
A gulf has emerged between the Chinese economy as many Chinese are experiencing it, and Beijings narrative of it — and that gulf is only widening. For many ordinary Chinese, one of the worst economic slowdowns the country has faced in decades has translated into widespread pessiYouth at a job fair in Wuhan mism and resignation. Key Points
Economic TimesRBI has taken a pragmatic approach on repo rate: EEPC India chairman
The RBI has underlined the daunting challenges faced by the global economy and its impact on India. The current business environment necessitates stability in finance costs, especially for exporting community, and calls for measures to reduce them. Key Points
Economic TimesHold on to them: 5 capital goods and engineering stocks with upside potential of up to 22%
Capital good companies had faced tough times for many years. Given the fact that hardly any capacity buildup was taking place in any industry, a number had to change their product portfolio and had to live with very low margins. But all the efforts have now started to show some results. Given the performance of the stock, a large majority of these stocks have hold recommendations from the analysts. Key Points
Economic TimesHBO's 'The Idol' shocks Cannes, makers back its 'provocative' nature. Release date, key details
Lily-Rose Depp starrer The Idol faced criticism at Cannes. Mixed reviews sparked debates, but the cast defended the show. Key Points
Economic Times
India's recovery bright spot for global outlook: Nirmala Sitharaman
India's rapid post-pandemic recovery is a bright spot for the global growth outlook , according to Finance Minister Nirmala Sitharaman. However, she also acknowledged the challenges faced by emerging market developing economies attempting to balance sustainable growth with environmental objectives. Speaking in Japan at the G7's meeting of finance ministers and central bank governors, Sitharaman also urged the bolstering of multilateral development banks to resolve the debt crisis faced by vulnerable nations. Key Points
Economic Times