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News Highlights provides you with the best compilation of the Daily News Highlights taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies

1.
Oman is the third-largest export destination for India among the Gulf Cooperation Council countries, with bilateral trade reaching US$ 10.61 billion in FY 2024-25. The relationship is important for Delhi as the Gulf nation gives access to key trade routes in a volatile region. India is also Oman's fourth largest source of non-oil imports.
2.
Modi, who addressed the Ethiopian parliament on Wednesday, said, "Ethiopia sits at a crossroads of Africa. India stands at the heart of the Indian Ocean. We are natural partners in regional peace, security, and connectivity...our commitment to mutual security became stronger with signing of the Defence Cooperation Agreement earlier this year.
3.
The Rajya Sabha Wednesday passed by a voice vote the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, increasing the FDI in the insurance sector to 100%, a day after the Lok Sabha cleared it.
The legislation would lead to amendments in the Insurance Act, 1938, the Life Insurance Corporation Act, 1956, and the Insurance Regulatory and Development Authority Act, 1999.
4.
The VB-G RAM G Bill proposes to raise the number of guaranteed wage employment days in a financial year from 100 to 125 and proposes division of work into four categories -water security, rural infrastructure, livelihood infrastructure and disaster resilience. It also proposes states to bear 40% of the financial burden, a deviation from the existing arrangement when the Centre takes care of the 100% of the labour cost and 75% of the material cost. For the first time, the Bill proposes a 60-day pause during the peak agricultural seasons of sowing and harvesting, a move said to be aimed at ensuring farm labour availability.
5.
The Sustainable Harnessing and Advancement of Nuclear Energy for Trans-forming India Bill, 2025 (SHANTI), tabled in Parliament on Monday, attempts to do that. It allows up to 49 per cent foreign direct investment (FDI) in certain nuclear activities. The Bill does away with a contentious clause in the Civil Liability for Nuclear Damage Act (CLNDA), which held suppliers liable for accidents and was a deterrent for foreign vendors - it was among the reasons for the country's inability to leverage the full commercial potential of its nuclear deal with the US, nearly two decades after it was inked. The lack of clarity about the term "supplier" in CLNDA was a cause for worry for Indian sub-vendors as well.
6.
Regulation that raises costs without raising safety standards undermines the very manufacturing strategy India is trying to build.
7.
The urgency of this is validated by alarming national data. The National Family Health Survey-5 (NFHS-5) reveals that 83 per cent of women aged 18 to 49 years who faced sexual violence named their current husband as the perpetrator.
The pervasive nature of sexual violence within marriages highlights the inadequacy of our legal system.
Resistance often stems from a deeply ingrained, old-fashioned patriarchal attitude-the notion that a woman's identity, especially within the confines of marriage, is secondary to that of her husband and the sanctity of the family unit.
8.
According to the ILO, most countries restrict fixed-term contracts to genuinely temporary activities. India's expansive approach is therefore likely to further erode permanent employment. Fixed-term workers may also be dissuaded from unionising or participating in strikes due to the threat of non-renewal, weakening unions and the labour movement.
9.
Beyond Taiwan, longstanding territorial disputes with Japan have once again become theatres for Chinese displays of strength.
10.
Despite US tariffs, November was one of India's strongest months for exports to the country. The boost may not be sustainable.
11.
Finance Minister Nirmala Sitharaman on Wednesday made it clear that reducing the debt-to-GDP ratio will be the central pillar of the government's fiscal policy from the next financial year, with the fiscal deficit continuing as an important marker to operationalise the architecture.

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