News Headlines.-
1.NATO Secretary-General Jens Stoltenberg reiterated on Sunday that NATO would not send troops to Ukraine should Russia invade.“We are focusing on providing support,” Stoltenberg said, adding, “There is a difference between being a NATO member and being a strong and highly valued partner (such) as Ukraine. There’s no doubt about that,”-theindianexpress.com
2.Members of the main ruling party in the Maldives are considering legislation to criminalise protests “that affect the country’s relations with other nations”. A draft Bill circulated within the Maldives Democratic Party (MDP) comes against the backdrop of protests in the Indian Ocean country over the perceived proximity of the Ibrahim Solih government to India.-theindianexpress.com
3.The United Arab Emirates will introduce a corporate tax from mid-2023, the finance ministry said Monday, in a major change of course as the country seeks to diversify its income.The Gulf financial centre, long known as a tax haven and the regional headquarters for a swathe of multinationals, will tax business profits over 375,000 AED ($102,000) at 9.0 percent from June next year, a statement said.-ndtv.com
4.With just a few days to go for the Beijing Winter Olympics 2022, the authorities of China have reportedly forced lakhs of people to stay inside their homes by imposing a ‘secret lockdown’ in areas surrounding Beijing as a precautionary measure for Covid-19.-dnaindia.com
5.Taiwan’s team for the Beijing Winter Olympics will be at the opening and closing ceremonies after being told by the International Olympic Committee it was required to participate.-theindianexpress.com
6.Prime Minister Narendra Modi on Monday urged all MPs to make the Budget session of Parliament fruitful by holding discussions with an "open mind" and making sure that the ongoing assembly elections do not affect the session, which is very important as it draws a blueprint for the entire year.-Times of India
7.India will remain the fastest-growing major economy in the world during 2021-24, as per the projections of the World Bank, Asian Development Bank and International Monetary Fund, according to the Economic Survey 2021-22 released on Monday.-dnaindia.com
8.The Maharashtra government on Monday further eased Covid restrictions across the state, allowing national parks, safaris and all tourist spots to remain open as per regular timings. It has also allowed spas to remain operational with 50 per cent capacity and has removed all restrictions on the number of persons allowed at funerals.-theindianexpress.com
9.Sayaji Group of Hotels has signed in a luxury property at Tadoba, often referred to as the Jewel of Maharashtra’s Vidarbha region. The property will encompass 30 luxurious villas, a recreation center, a swimming pool, and a salon & spa. The hotel will be located in close proximity to Tadoba Tiger Reserve and other prominent tourist destinations.-hospitalitybizindia.com
10.With the Union Budget due to be presented on 1 February, people are eagerly waiting for Finance Minister Nirmala Sitharaman to announce benefits and exemptions for industries affected due to the ongoing coronavirus pandemic. The hospitality sector is amongst one of the worst hit industry, which is looking for incentives and lower taxes from this budget. -hospitalitybizindia.com
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