On December 3, 2024, Syed Ahmed Maroof, the Pakistani High Commissioner to Bangladesh, visited Khaleda Zia, the leader of the Bangladesh Nationalist Party (BNP), at her home in Gulshan, Dhaka. This meeting was significant as Khaleda Zia is a key figure in Bangladeshi politics and a rival to Sheikh Hasina, the current Prime Minister.
During the visit, some important BNP leaders, Dr. AZM Zahid Hossain and Shama Obaed, were also present. The BNP has a long history with Pakistan, dating back to its founder, Ziaur Rahman. After Bangladesh gained independence in 1971, Ziaur Rahman changed the country’s secular policies and brought Islamic principles into the BNP’s agenda. This shift also allowed for partnerships with Islamic political groups like Jamaat-e-Islami (JI).
These relationships became important during times when the BNP had issues with India. In the past, the BNP has faced criticism for not doing enough to support minority communities, especially Hindus, when they were in power.
Tag: llv news
-
Pakistan’s Envoy Meets Khaleda Zia: A Look at BNP’s History
-
France’s Government Faces No-Confidence Vote: Will It Survive?
France’s government, led by Prime Minister Michel Barnier, is in serious trouble. Lawmakers from both the left and the far-right are planning to vote against him in parliament. This vote, which will take place on Wednesday, might lead to Barnier’s Cabinet being the shortest in modern French history. If the vote passes, President Emmanuel Macron must choose a new prime minister.
So why is everyone so upset? After recent elections, France’s parliament is split into three main groups: the New Popular Front (a left-wing group), Macron’s centrist party, and the National Rally (far-right). None of these groups has a clear majority, which makes it hard to pass laws.
In September, Macron asked Barnier, a conservative, to form a government mainly with Republicans and centrist members. However, the far-right leader, Marine Le Pen, is now saying her party will support the vote to remove him, saying Barnier is not listening to her requests. Meanwhile, the left is unhappy about the government’s proposed budget cuts and lack of communication.
To pass the no-confidence vote, Barnier needs at least 289 votes out of 577. The left and the far-right together have more than 330 lawmakers, but some might choose not to vote. If the government falls, it would be the first time in over 60 years that a no-confidence vote has succeeded in France.
If Barnier’s government collapses, Macron could ask current ministers to handle daily operations until a new prime minister is chosen. The current mix of political parties in parliament would stay the same, and new elections cannot happen until July because of laws that protect the National Assembly.
As for the budget, France won’t face a government shutdown like the US might. If the government falls, it can still present a special law to collect taxes and continue paying civil servants and pensions using existing rules. However, this would stop any new taxes or spending.
Markets are worried because Barnier has warned of potential chaos in the financial world. France is under pressure from the European Union to lower its massive debt, which is expected to hit 6% of the country’s GDP this year and could go to 7% next year if no big changes are made. The instability could lead to higher interest rates, making the debt problem worse. A new government might struggle to implement significant changes without a clear majority.
-
Kendrick Lamar and SZA 2025 Grand National Tour: Full Dates Inside!
Kendrick Lamar is going on a huge North American tour in 2025 with his longtime friend SZA! They will visit 19 stadiums in the United States and Canada as part of their Grand National Tour. This exciting news comes just after Kendrick released his new album, GNX.
Kendrick and SZA first performed together in 2018 when they went on tour with Top Dawg Entertainment. They also collaborated on the song “All The Stars” that year. SZA is featured in two songs from Kendrick’s new album, called “Luther” and “Gloria.”
The Grand National Tour is organized by Live Nation, pgLang, and Top Dawg Entertainment. Here are the tour dates:
– April 19: Minneapolis, MN at U.S. Bank Stadium
– April 23: Houston, TX at NRG Stadium
– April 26: Arlington, TX at AT&T Stadium
– April 29: Atlanta, GA at Mercedes Benz Stadium
– May 3: Charlotte, NC at Bank of America Stadium
– May 5: Philadelphia, PA at Lincoln Financial Field
– May 8: East Rutherford, NJ at MetLife Stadium
– May 9: East Rutherford, NJ at MetLife Stadium
– May 12: Foxborough, MA at Gillette Stadium
– May 17: Seattle, WA at Lumen Field
– May 21: Los Angeles, CA at SoFi Stadium
– May 23: Los Angeles, CA at SoFi Stadium
– May 27: Glendale, AZ at State Farm Stadium
– May 29: San Francisco, CA at Oracle Park
– May 31: Las Vegas, NV at Allegiant Stadium
– June 4: St. Louis, MO at The Dome at America’s Center
– June 6: Chicago, IL at Soldier Field
– June 10: Detroit, MI at Ford Field
– June 12: Toronto, Ontario at Rogers Centre
– June 16: Hershey, PA at Hersheypark Stadium
– June 18: Washington, D.C. at Northwest StadiumMake sure to get your tickets for this exciting tour!
-
Elon Musk’s $56 Billion Pay Package: Court Ruling Explained
Recently, Tesla’s CEO Elon Musk made headlines after a judge decided that he shouldn’t get his $56 billion pay package. This ruling came even after Tesla shareholders voted to support Musk’s pay in June.
The legal battle started when a shareholder questioned Musk’s 2018 compensation package, designed to reward him only if Tesla did really well. Musk’s pay included 12 sets of stock options that could eventually give him a big chunk of the company. He wouldn’t get a regular salary—if Tesla succeeded, he would earn through stock options.
In January, a judge named Kathaleen McCormick rejected Musk’s huge pay package, saying it wasn’t fair to shareholders and that the Tesla board didn’t really have control over Musk’s payments. Many believed Musk didn’t need that extra pay since he was already making a lot from Tesla’s success.
Musk reacted by suggesting people shouldn’t incorporate their companies in Delaware if they want shareholders to have more control. Instead, he recommended states like Nevada or Texas.
After the June vote, where shareholders approved Musk’s pay once again, the judge still stood by her earlier decision, saying that a vote can’t change a ruling made by the court. She insisted that the compensation negotiations were swayed by Musk himself, even though he didn’t own most of Tesla.
Now, there are possibilities for Tesla’s board: they could appeal the judge’s ruling, create a new pay package, or consider settling the lawsuit for a smaller payment to Musk.
-
UK Parliament Concerns Over Hindu Protests in Bangladesh
The protests by Hindus in Bangladesh are attracting attention in the UK Parliament after an ISKCON priest was arrested. Labour MP Barry Gardiner raised the issue in the House of Commons, voicing worries about the attacks on Hindu people in Bangladesh, which is mostly Muslim.
Catherine West, a UK Foreign Office Minister, said she spoke with the interim leader of Bangladesh, Muhammad Yunus, who assured her that help is available for minority groups. She mentioned that the UK government is watching the situation closely and will talk to the Bangladeshi government about the importance of religious freedom, especially for Hindus.
MPs expressed their concerns about the increasing violence against Hindus. Priti Patel, the shadow foreign secretary, said the violence is “deeply concerning.” Bob Blackman, who leads the All Party Parliamentary Group for British Hindus, pointed out that Hindus are having their homes burned and businesses attacked.
British Sikh MP Gurinder Singh Josan said all communities are “appalled” by the situation and asked Minister West about how she is cooperating with Hindu and Bangladeshi communities regarding this issue.
So, what’s happening in Bangladesh? Tensions have been rising since August 5, when former prime minister Sheikh Hasina left for India after being removed from her position. The recent arrest of ISKCON priest Chinmoy Krishna Das worsened the situation. Reports state that the Hindu community in Bangladesh has faced many attacks during protests against the Awami League-led government concerning job quotas.
Chinmoy Krishna Das was arrested on sedition charges, but couldn’t get bail because no lawyer was available to represent him. In response to his arrest, Hindu groups protested in India, and some even entered the Bangladeshi consulate in Tripura.
-
Ukraine Strengthens Defense with New Missile Tests
Ukraine Tests New Missiles and Boosts Production
Ukraine’s President Volodymyr Zelenskiy announced that the country has successfully tested new missiles made locally. He shared this news on the Telegram messaging app and thanked the Ukrainian missile developers. Zelenskiy did not go into more details but mentioned that the government is speeding up missile production. Back in August, he said Ukraine had tested its first home-made ballistic missile. With the ongoing war against Russia, which is much larger and stronger, Ukraine is working hard to make more weapons at home. This way, the country hopes to get supplies faster and rely less on help from other countries. -
Indian Stock Market Rises: HDFC & Reliance Drive Gains Today!
On Tuesday, the Indian stock market ended on a positive note. The Nifty 50 index gained thanks to two big companies, HDFC Bank and Reliance Industries. Also, U.S. Federal Reserve officials hinted at a possible interest rate cut of 0.25% later this month, which made investors hopeful.
The S&P BSE Sensex rose by 597.67 points (0.74%) and closed at 80,845.75. Meanwhile, the Nifty 50 index went up by 181.10 points (0.75%) to finish at 24,457.15.
Market Insights:
Vinod Nair from Geojit Financial Services said that the stock market is getting stronger, driven by good global news. People are now looking for signs of growth in the economy, especially since the recent weak economic data is already reflected in company earnings. Right now, everyone’s focused on what the Reserve Bank of India (RBI) will say about interest rates and liquidity.
Banking stocks saw the biggest gains because they are sensitive to interest rates, while metal stocks did well due to higher import taxes and better manufacturing data from China.
What’s Happening in the U.S. and Europe:
In the U.S., stock prices were down early Tuesday after hitting record highs. Investors were uncertain if stocks are too expensive. However, AT&T shares jumped 4.8% after announcing $40 billion in returns to shareholders.
In Europe, Germany’s DAX surpassed 20,000 points for the first time. Markets in Paris bounced back despite political issues in France. The euro gained strength against the dollar, as more interest rate cuts from the Federal Reserve are expected.
Tech Analysis:
The Nifty started strong but had some ups and downs before closing positively at around 24,457. Hrishikesh Yedve from Asit C. Mehta said that the Nifty showed strength on the daily chart, hinting at a potential upward trend. If it goes above 24,550, it could reach 24,700 to 24,800. As long as the Nifty stays above 24,300, buying on dips is a good strategy.
Most Active Stocks:
– Top Stocks by Value: Punjab National Bank (Rs 121.57 crore), Power Grid Corp (Rs 106.43 crore), Adani Green Energy (Rs 95.52 crore).
– Top Stocks by Volume: Vodafone Idea (28.36 crore shares), YES Bank (15.02 crore shares), Suzlon Energy (9.11 crore shares).Stocks Showing Buying Interest:
Shares of HEG, Graphite India, and Torrent Power were popular among buyers.
52-Week Highs and Lows:
Over 251 stocks hit their highest prices in 52 weeks, while 13 fell to their lowest. Some high-flyers included Garware Technical Fibres and KEC International.
Market Sentiments:
The overall mood in the market was positive. Out of 4,067 stocks traded, 2,704 went up, 1,261 went down, and 102 stayed the same.
Disclaimer: The opinions in this article are those of the individual experts and may not reflect the views of NiftyStat.
-
Reliance Power’s Tender Ban Lifted by SECI: Key Updates
Reliance Power announced that the Solar Energy Corporation of India Limited (SECI) has lifted a ban on the company. This means that Reliance Power and its subsidiary, Reliance NU BESS Limited (formerly called Maharashtra Energy Generation Limited), can now take part in all SECI tenders. Previously, on November 6, SECI had banned both companies from joining any future tenders for three years. However, after some legal discussions, SECI decided to remove this ban. It’s important to note that SECI still has the right to take legal actions if necessary
-
New Bill to Transform India’s Oil and Gas Sector for a Bright Future
Prime Minister Narendra Modi stated on Tuesday that the Oilfields (Regulation and Development) Amendment Bill, 2024, is a key law that will help improve energy security in India and make the country more prosperous. His message came after the Bill was approved in the Rajya Sabha.
This new law aims to change the current rules about exploring and producing oil and gas. It will separate oil operations from mining to encourage more investment in the energy sector. The Bill, which was introduced in August, passed by a voice vote.
Modi praised the law, saying it is vital for boosting energy security and supporting a prosperous India. Oil Minister Hardeep Singh Puri also expressed excitement, saying that India’s fast-growing energy industry took a big step forward with these important changes to the Oilfields (Regulation and Development) Act, originally established in 1948.
-
Amazon Invests ₹450 Crore in New Data Center Near Mumbai!
Amazon India has bought a large piece of land—over 38 acres—in Palava, close to Mumbai, from Lodha, a well-known real estate company. They paid more than ₹450 crore (about $54 million) to build a big data center there. Amazon’s data service branch, Amazon Data Services India, will use the land to create a new facility that can hold up to 4.16 million square feet of space.
So far, Amazon has paid about ₹396 crore to Lodha as part of the deal and will pay the remaining ₹54 crore later after completing some steps. They also paid ₹27 crore for stamp duty to register the purchase on November 12.
Last year, Amazon also leased a smaller 4-acre land in Powai, Mumbai, for nearly 18 years to build another data center, spending more than ₹562 crore in total rent. In 2022, they even leased an extra 5.5 acres from the same company, adding up their total land to 9.5 acres, costing nearly ₹1,500 crore in rent over the years.
Before these deals, Amazon set up a data center in Thane, where they bought a huge 54-acre land for over ₹1,870 crore last year.
Amazon is dedicated to improving digital services in India and plans to spend up to $12.7 billion on cloud infrastructure by 2030. Other big companies like Google and Microsoft are also investing in data centers in India, which are becoming super important for various online services