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IPOs) and qualified institutional buying (QIB). FPIs invested net $ 10,275.5 million in the first 10 months of 2024 in the primary market. In the secondary market, they sold equities worth $ 13,556.9 million (Rs 1.1 lakh crore) in October, the highest ever monthly outflow, surpassing the $ 8,126.8 million worth of selling in March 2020. Rising attractiveness of Chinese equities amid economic impetus by the local government has lured FPIs away from Indian equities.

Ethiopia this year became the first country in the world to ban the importation of non-electric private vehicles

Subscribe to enjoy similar stories. Soon after Simona Dai was born in 1992 in rural China, she was sent to live with a foster family, hidden away so her parents could hold out for a son. Driving that decision was the country’s one-child policy, in place from 1980 through 2015.

Subscribe to enjoy similar stories. India’s 2020-21 Economic Survey had observed, “Never in the history of sovereign credit ratings has the fifth largest economy in the world been rated as the lowest rung of the investment grade (BBB-/Baa3). Reflecting the economic size and thereby the ability to repay debt, the fifth largest economy has been predominantly rated AAA.

Subscribe to enjoy similar stories. Officials from China have avoided direct comment on North Korea’s despatch of thousands of troops to Russia, where they might help in a conflict that all three countries see as a contest against overweening American might. China itself is a crucial if undeclared backer of Russia’s war effort in Ukraine, providing technological support for Russia’s defence industries.

Subscribe to enjoy similar stories. The four-year-long Galwan phase of India-China relations has come to an end. The two countries struck an agreement last week to disengage militarily and resolve “the issues in these areas." If the deal is implemented seriously, it could be the first step of a slow and wary movement towards better ties in the next phase of the relationship.

Foreign investors pulled out a massive Rs 94,000 crore (around USD 11.2 billion) from the Indian stock market in October, making it the worst-ever month in terms of outflows, triggered by the elevated valuation of domestic equities and attractive valuations of Chinese stocks. Before this, foreign portfolio investors (FPIs) withdrew Rs 61,973 crore from equities in March 2020. The latest outflow came after a nine-month high investment of Rs 57,724 crore in September 2024.

US election, and global market dynamics—will likely shape market movements. On Friday, the Nifty 50 and BSE Sensex rose by 0.41% and 0.42%, respectively, during a special Diwali «muhurat» trading session. Auto stocks led this upward move, bolstered by strong monthly sales data. «The domestic market showed positive reversal signs this week, aided by festive sentiment, steady institutional inflows, and declining oil prices,» said Vinod Nair, Head of Research at Geojit Financial Services. Market sentiment was also uplifted by easing geopolitical tensions and positive India-China relations.

Zelenskyy sounded the alarm on Russia's escalating attacks, revealing that more than 2,000 Shahed drones and missiles utilising Western components were launched against Ukraine in October alone. Zelenskyy further stressed the urgent need for enhanced export controls to prevent sanctions evasion and said that Russia's supply chain relies on over 1,70,000 individual components from firms in China, Europe, and the United States. Sharing a post on X, Zelenskyy wrote, «Russia is gradually ramping up its daily attacks with Shahed drones and missiles, still using Western components to do so. In October alone, over 2,000 Shaheds were launched against Ukraine--almost every single day.»

«We assess that Indian state-sponsored cyber threat actors likely conduct cyber threat activity against Government of Canada networks for the purpose of espionage,» the report said. The development comes as the bilateral relationship has gone south since Prime Minister Justin Trudeau said a year ago that Canada had credible evidence that agents of the Indian government were involved in the murder of Canadian Sikh activist Hardeep Singh Nijjar in British Columbia in June 2023, a charge dismissed as absurd by India.

Subscribe to enjoy similar stories. CAMAÇARI, Brazil—When Ford Motor shut its factory here in 2021 after more than a century in the country, Uelcson Alves and the automaker’s thousands of other workers in this once-thriving Brazilian town panicked. “It was devastating.

CMF Phone 1 Review: Look beyond the screwsWhile discussing Nothing's recent growth in India, Carl Pei noted that “India is the biggest market" for the company’s smartphones and highlighted that Nothing distinguishes itself as the only brand with true “differentiation" in a market largely dominated by Chinese brands. According to the latest Counterpoint data, Nothing was the fastest-growing brand in India, achieving a remarkable 510% year-over-year growth in shipments in Q3 2024 and entering the top 10 list for the first time.Answering a question about the importance of India for Nothing, Pei said, “It's the biggest market for us for smartphones… There's actually not a lot of competition. If you think about it, 80% of the market share in India.

Indian Army has commenced full-scale patrolling in Demchok, eastern Ladakh, and will soon begin in Depsang Plains. This follows after initial patrols confirmed that the People's Liberation Army (PLA) of China dismantled its temporary structures and withdrew troops to pre-April 2020 positions. This action adheres to the October 21 agreement on "patrolling arrangements," concluding disengagement at two of the seven face-off sites that emerged from Chinese incursions in April-May 2020. Patrolling is done with prior notification to the PLA to avoid clashes. “Our patrols now have full unrestricted access to the five patrolling points (PPs) in Depsang and two in Demchok, which was earlier blocked by Chinese soldiers. The PLA, too, has begun its own patrols with prior information to us to prevent the possibility of any clash,” said a defence source in a TOI report.

Viktor Orban made his loyalties clear when he landed in Georgia this week. As protesters disputed an election victory for its pro-Russian leadership, Hungary’s prime minister congratulated the country for choosing not to become the next Ukraine. The trip to Tbilisi was a bold move, even for a leader who has made no secret of his coziness with Russia and disregard for the European Union. But with all eyes now on voting in the US, the timing was as important as the optics. A win for his ally Donald Trump on Tuesday could make Orban the go-to person in Europe for the next US president, according to a person familiar with the thinking in Budapest. And with Russia’s war in Ukraine, Europe’s security and trade relations with China all in flux, Orban is relishing that prospect.

Hedge funds and other investors are searching for trades that profit from a win by Republican presidential candidate Donald Trump, but also offer limited downside in the event of a victory by Vice President Kamala Harris. As the nearly deadlocked race nears, some are looking for so-called "asymmetric trades" involving bitcoin or the yuan, assets which could yield big profits if Trump wins but would not cause big losses if the wagers are wrong. «Trading the election is difficult given how tight it is,» said Edoardo Rulli, head of UBS Hedge Fund Solutions.

Department of Treasury said in a statement on Thursday. In addition to disrupting global evasion networks, this action also targets domestic Russian importers and producers of key inputs and other material for Russia's military-industrial base, the statement said. «The United States and our allies will continue to take decisive action across the globe to stop the flow of critical tools and technologies that Russia needs to wage its illegal and immoral war against Ukraine,» Deputy Secretary of the Treasury Wally Adeyemo said.

Michigan Secretary of State Jocelyn Benson and Washtenaw County Prosecutor Eli Savit jointly condemned the illegal vote, stressing that only U.S. citizens have the right to vote in federal elections. Although the ballot was cast illegally, due to the anonymous nature of U.S. ballots, it will still be counted in the final tally. Legal experts, including Andrew McCarthy, explain that election officials cannot identify or retrieve a specific ballot once it has gone through the voting tabulator, maintaining the U.S. tradition of a «secret ballot.» Also Read: How Puerto Rico could sway 2024 US Elections despite no electoral vote

Kiren Rijiju on Friday said he interacted with soldiers of China's People's Liberation Army along the Sino-Indian border near here during a visit to an Indian Army post on Diwali. Rijiju also said he celebrated Diwali with the Army jawans at Bumla in Arunachal Pradesh on Thursday. In the short video, posted on X, the union minister of parliamentary and minority affairs was seen talking to three PLA soldiers through an interpreter asking them how they were managing while being posted in such a high-altitude area which is located 15,000 feet above sea level. The PLA soldiers replied that they had no problems while serving in such areas and they were comfortable.

Air Canada raised its annual core profit forecast on Friday, as the country’s largest carrier benefits from strong demand for international travel and lower jet fuel prices.

Indian indices have fallen 7-8% in the last month, wherein US indices have inched up 1-2% and the rest of world, including China, being stable. This could be due to two reasons a) The Chinese stimulus package announced in September to revise their real estate and stock markets b) Weaker than expected earnings results for India Inc. in Q2F2025 so far. FII outflow at over US$ 10 billion has been unprecedented, probably moving into China. The India Earnings growth story has been delayed but not derailed and it is just a matter of time. The themes we would like to be invested in the current environment are largely domestic facing sectors like the capex-related power sector against global, especially since we are having strong economic tailwinds and global headwinds for slowdown in growth. In the global facing sector, we would like to be invested in India’s outsourcing stories like pharmaceuticals.

U.S. Sen. Chuck Schumer says a semiconductor research facility in upstate New York will be getting $825 million in funding as one of three national technology centers