Norway’s top authority revokes decision by city council to only take Ukrainian refugees
Citing it was contrary to the Norwegian Constitution and the Scandinavian country’s discrimination laws. A top authority in Norway said Tuesday that it was... Key Points
The Tribune India‘The voter is being badly cheated due to defections’
India News: Explore the implications of Maharashtra Legislative Assembly Speaker's decision on the anti-defection law and its impact on the voters. Understand the shortcomings and debates surrounding defections in Indian politics. Key Points
Times Of IndiaAIIMS Delhi reverses half-day order for Ram Temple event after backlash
Delhi's All India Institute of Medical Sciences has reversed its decision to observe a half-day until 2:30 pm on January 22. AIIMS had announced a half-day earlier to mark the 'Pran Pratishtha' ceremony at Ram Mandir tomorrow. Key Points
India Today‘Mann gave final nod to dissolve panchayats but IAS duo suspended’ — SAD wants Punjab CM sacked
Controversy centres on govt notification dissolving gram panchayats, zila parishads and block samitis months ahead of elections. Oppn had called decision ‘politically motivated’. Key Points
ThePrint28% GST on online gaming to yield Rs 20,000 cr annually: Revenue Secretary
The government anticipates earning an additional Rs 20,000 crore per annum after the GST Council implemented a 28% tax on full bet value for online gaming, horse racing, and casinos. Indian online gaming companies are currently only paying around 2-3% GST. Last year, the government collected only Rs 1,700 crore GST, which could have been Rs 15,000-20,000 crore if taxed on the full value. The decision has been challenged in the High Court, and the government will be pursuing all cases in the Supreme Court to recover taxes. Key Points
Economic Times
India revenue secretary says no need to consult gaming industry on tax
Revenue Secretary Sanjay Malhotra told local television channels that there was no need to consult the gaming industry and amendments to enable the tax will be brought in the monsoon session of Parliament. India's monsoon session begins later this month. Key Points
Economic TimesHC nixes plea against exchange of Rs. 2000 notes “without id-proof”
It further said that six years since 2016 the Government has now decided to withdraw Rs.2000 banknotes from circulation "which is not being used commonly" while they remain to be "legal tender". Key Points
The Indian ExpressSensex, Nifty rise for second week after RBI's surprise rate hike pause
India Business News: The Nifty 50 ended 0.24% higher at 17,599.15 and the S&P BSE Sensex rose 0.24% at 59,832.97, following a shaky start ahead of the RBI rate decision. I Key Points
Times Of IndiaUS top court bans race-based admissions: Biden, Obama blast move, Trump lauds
The ruling against "affirmative action," delivered by the US Supreme Court, drew cheers from conservatives but was blasted by progressives. Here's how top political leaders reacted. Key Points
India TodayMixed reactions emerge following Pope's decision on same-sex marriage blessings
Pope Francis' decision allowing blessings for same-sex couples sparked contrasting reactions. Advocates celebrated it as a step towards LGBTQ inclusion, while conservative Catholics expressed disappointment, citing conflict with Church doctrine. The decree permits blessings but avoids mirroring marriage rites. Despite aligning with the Pope's vision, concerns exist within the clergy regarding potential conflicts in interpretation. This move reflects a shift in Church perspectives on LGBTQ matters, signaling progress while acknowledging the ongoing journey towards complete inclusivity. Key Points
Economic Times
Go First crisis: Why top aircraft lessors are not happy with NCLT’s decision
Top global aircraft lessors have raised alarm after the NCLT admitted Go First’s insolvency plea, giving the airline a lifeline to revive itself. Here's all you need to know. Key Points
India TodayMicrosoft’s $75 Billion Activision Blizzard Deal Gets EU Approval
EU decision comes after rejection from U.K. regulator threatened deal’s prospects Key Points
mintDelhi High Court refuses to interfere with Bank of Baroda’s plan to sell majority stake in Nainital Bank
The Delhi High Court has refused to interfere with state-owned Bank of Barodas (BoB) plan to sell its majority stake in Nainital Bank. The court stated the decision of divestment based on economic expediencies is a policy decision involving complex eco-factors that could not be overturned by the courts. Key Points
Economic TimesMaharashtra: Uddhav Thackeray faction of Sena readies for more legal battle
The SC has asked Maharashtra assembly Speaker Rahul Narwekar to give a ruling within a reasonable time. Parab that reasonable time meant a maximum of three months. However, he expected a decision in a fortnight. Key Points
Economic TimesUS Fed interest rate decision key event to watch out for this week: Analysts
International Business News: Stock markets are influenced by US Fed rate decision and global trends. Concerns over foreign investors, smallcap, midcap decline persist. Keep a clos Key Points
Times Of India
Mehul Choksi Red Notice removal: CBI says taking steps for Interpol decision to be revised
The Central Bureau of Investigation on Tuesday said that it has challenged the decision to delete Mehul Chinubhai Choksi's name from the Interpol database of Red Notices. The 63-year-old diamantaire is wanted in India in connection with a Rs 13,000-crore fraud in PNB. It may be noted that an Interpol Red Notice is neither a pre requisite nor a requirement for extradition proceedings Key Points
Economic TimesZomato’s pure veg fleet is a non-issue. It respects a vegetarian’s choice, you should too
It is not a policy that could lead to discrimination, especially after the decision to have separate-coloured fleets have been rolled back. Now, go back to ordering what you want. Key Points
ThePrintIrshalwadi landslide: Villagers demand 57 missing people be declared dead
Villagers in Irshalwadi, Mumbai, have demanded that the 57 missing people from a massive landslide be declared 'presumed dead' to receive government compensation. The families have not received any financial assistance, and a decision is pending from the government. | Mumbai news Key Points
Hindustan TimesTax collections from 28% GST on online gaming may yield 20,000 cr in FY23-24, says Revenue Secretary
The government can even ban some of the gaming sites as was done in the past, he said, adding, 'They can even be regulated or prohibited. It would be our endeavour that if there is any illegal mushrooming of such online games, then we will make all efforts to curb them. Key Points
FirstpostCabinet approves 4 per cent Dearness Allowance hike for central govt employees and pensioners
Union Minister Piyush Goyal said 49.18 lakh employees and 67.95 lakh pensioners will benefit from the decision. It would cost Rs 12,868.72 crore per annum to the exchequer. Key Points
ThePrint
JD(S) president Deve Gowda suspends senior leader CM Ibrahim for ‘anti-party activities’
Ibrahim had raised a banner of revolt against JD(S) decision to join BJP-led NDA. He claimed that his faction is the original JD(S) for being secular. Key Points
ThePrintNepal government bans Tiktok due to negative effects on social harmony
The decision to ban Tiktok will be implemented through the Ministry of Communication and IT. The Nepal government on Monday decided to ban the Chinese-owned social network platform Tiktok, citing its negative effects on social harmony. Key Points
The Tribune IndiaFitch’s US downgrade is stoking the very fight it warned against
Fitch Ratings' decision to downgrade US government debt has been seized upon by rival political factions as a new weapon of combat in their never-ending war, and finger pointing has already commenced. Although President Biden has yet to publicly comment on the ratings cut, aides claim he was initially irritated about the news. The House Freedom Caucus, a group of Republican lawmakers, is demanding lower spending levels during the looming shutdown fight, while Bidens team has blamed Donald Trump for the reduction. Key Points
Economic TimesIndian shares set to open higher ahead of Fed decision
Indian shares are set to open marginally higher on Wednesday, ahead of the U.S. Federal Reserve's monetary policy decision and key corporate earnings. Key Points
Reuters