Following the death of his father, Ayatollah Mojtaba Khamenei has been appointed Iran's new Supreme Leader. President Masoud Pezeshkian hailed the transition as a "new era of honour," urging national unity to overcome economic challenges and external aggression from the US and Israel.
Senior Congress leader P Chidambaram on Sunday said the Union Budget presented by Finance Minister Nirmala Sitharaman in Parliament earlier in the day "failed the test of economic strategy and economic statesmanship."
Congress President and Leader of Opposition in the Rajya Sabha Mallikarjun Kharge on Sunday criticised the proposals, alleging that they fail to address key economic challenges facing the country and offer no relief to vulnerable sections.
The European Union has announced 10 million euros for a new phase of its WE-LEAD programme in Afghanistan to support women's livelihoods and businesses. Implemented with UNDP, the initiative aims to expand income opportunities as Afghan women continue to face economic challenges.
India's economic growth remains resilient despite global macro-economic challenges, with supportive domestic factors expected to aid a pick-up in growth going forward, highlighted a report by HSBC Mutual Fund.
Kerala Chief Minister Pinarayi Vijayan on Sunday announced that a one-day Satyagraha will be held in Thiruvananthapuram on January 12 to oppose what he termed as the "financial strangulation" by the centre.
Himachal Pradesh Chief Minister, Sukhvinder Singh Sukhu, on Thursday visited the Tara Devi Temple in Shimla on the first day of the New Year, where he offered prayers and sought blessings from the Goddess Tara Mata for his New Year resolutions and commitments.
They say that over the past year, they have faced challenges such as delays in receiving information, the absence of a media law, and economic difficulties.
China's economic challenges are reshaping global trade dynamics, with Beijing increasingly relying on manufacturing and exports to compensate for a sluggish domestic economy, noted the US-China Economic and Security Review Commission's 2025 Report to Congress.
He further added that economic challenges continue to burden the country, citing slow growth, unemployment, and inaction from the government despite repeated demands from the Opposition.