The big news: Indian markets wary as US Federal Reserve hikes rates, and nine other top stories
In other headlines: Rahul Gandhi said he had 'explosive' information on Narendra Modi, and a second ceasefire is being contemplated in Aleppo.
A look at the headlines right now:
- US Federal Reserve hikes key interest rates by 25 basis points: The increase and the strengthening of the dollar against the rupee may spell problems for India.
- Rahul Gandhi claims he has information that proves Narendra Modi is corrupt: The Congress vice president said he would expose the prime minister if given a chance to speak in Parliament.
- Rebels in Aleppo say another ceasefire has been agreed upon hours after violence resumed: However, there has been no confirmation from the Syrian government or its ally Russia.
- Indian-American PepsiCo chief Indra Nooyi part of Donald Trump’s business advisory council: Uber CEO Travis Kalanick and Tesla Chairman Elon Musk are also members of the Strategic and Policy Forum, the US president-elect’s transition team said.
- The Delhi government should have some powers to function, rules Supreme Court: The final verdict on the matter between the AAP-ruled administration and the lieutenant governor will be decided on January 18.
- Cyrus Mistry ousted from Tata Teleservices’ board of directors: Shareholders came to the decision unanimously at an extraordinary general meeting.
- Power Ministry defends Kiren Rijiju who is accused in the Arunachal hydro project scam: In a statement, it called allegations against the minister ‘unsubstantiated, false and baseless’.
- Rajya Sabha passes Bill that will allow acid attack victims to avail of disability benefits: Officials said the amendments were in compliance with the United Nations Convention on the Rights of Persons with Disabilities.
- Karnataka Excise Minister HY Meti resigns over alleged sex scandal: A woman had claimed that the 71-year-old Congress minister sought sexual favours from her in return for a departmental transfer.
- Chennai NGO moves Supreme Court seeking CBI probe into Jayalalithaa’s treatment, death: Telugu Yuva Sakshi has urged the apex court to order recovery of all medical documents related to the deceased chief minister.