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New Delhi: Bengaluru-based fintech firm Perfios has acquired Chennai-based open finance platform Fego.ai, two people aware of the development told Mint. The discussions started during Global Fintech Fest 2023 in Mumbai recently. The deal was closed this week.

NEW DELHI : Billionaire Naveen Jindal, via a privately held unit, plans to set up a steel mill in Nigeria and a power plant in Botswana to serve the African market, two people familiar with the development said. As part of the plan, Vulcan Steel, a privately held company by the Jindal family, has decided to build a 3 million tonne per annum (mtpa) capacity steel plant, while Jindal Power Ltd, another privately held unit, will set up the thermal power unit, which will produce as much as 600 megawatts (MW) at peak capacity. The entities controlled by Jindal have secured minerals and power purchase agreements in both nations.

NEW DELHI, MUMBAI : Indian benchmark indices saw their steepest single-day drop in two months, declining over 1% on Wednesday, dragged down by selling in HDFC Bank and other index heavyweights. Weakness in global markets, with crude oil prices nearing $100 a barrel, also made investors cautious ahead of the US Federal Reserve’s policy meeting. The Sensex closed 1.2% down at 66,800.84 and the Nifty by a similar margin to 19,901.4.

NEW DELHI : As many as 42% of graduates under the age of 25 remained unemployed after the covid-19 pandemic, while the pace of job creation decreased following the global economic slowdown, a report on the labour market released on Wednesday said. The report, ‘State of Working India 2023: Social Identities and Labour Market Outcomes’ by Bengaluru-based Azim Premji University, said that a large variation in the rate of unemployment exists even among people with higher education, though post-covid figures remain below the pre-covid levels. It cited data from the Periodic Labour Force Survey (2021-22), which is carried out by the National Statistical Office (NSO).

Himanshu Vidhani joins the law firm Chandhiok & Mahajan(C&M) as a partner for litigation and dispute practice at the Mumbai operation from Khaitan & Co. His practice involves insolvency & restructuring, contractual claims, shareholders and investor disputes and international commercial arbitrations. An alumnus of Jaipur National University, Vidhani started his career with law firm Wadia Ghandy & Co. in June 2013.

PTI said on Wednesday. The IOA has named Indian Hockey team captain Harmanpreet Singh and Olympic medallist boxer Lovlina Borgohain to be the flag-bearers at the opening ceremony of the Asian Games in Hangzhou on September 23. “We arrived at the decision after much deliberation today," Indian contingent Chef de Mission Bhupender Singh Bajwa told PTI.

India urged caution on Wednesday by its nationals in Canada, and those planning to visit, as relations deteriorated after each nation expelled one of the other’s diplomats in an escalating row over the murder of a Sikh separatist leader.

ALSO READ: India issues travel advisory for Indian nationals and students in Canada Meanwhile, Ministry of External Affairs of India (MEA) on Wednesday issued an advisory for the nationals and students living in Canada to exercise “utmost caution", citing growing anti-India activities and hate crimes. The MEA also cautioned Indian nationals to “avoid travelling to regions and potential venues in Canada that have seen such incidents".

Collegedunia Connect is a platform with a vision to catalyse a holistic transformation of the Indian education sector. It brings together policymakers, educators, industry leaders, and stakeholders from diverse backgrounds to collectively brainstorm, discuss challenges, explore opportunities, and nurture the aspirations of education in India.

BookMyShow on Wednesday cancelled Punjabi- Canadian singer Shubhneet Singh's India tour after the ticket booking app faced a boycott call on social media for hosting a singer who is allegedly a Khalistani sympathiser. In a post on X, formerly known as Twitter, BookMyShow said it will do a complete refund of the tickets within 7-10 days. "Singer Shubhneet Singh's Still Rollin Tour for India stands cancelled.

India on Wednesday told its citizens to avoid travelling to parts of Canada, following a diplomatic row sparked by the allegation that New Delhi was involved in the killing of a Sikh separatist near Vancouver. "Threats have particularly targeted Indian diplomats and sections of the Indian community who oppose the anti-India agenda," a foreign ministry statement said, advising citizens to "avoid travelling to regions and potential venues in Canada that have seen such incidents".

Hardeep Singh Nijjar, a pro-Khalistan leader in Canada, followed by the expulsion of diplomats, experts think it will have very little impact on Canadian investment in India and the overall market sentiment. Concerns have been growing that the fresh tensions in the India-Canada relationship will see some outflow as Canada Pension Plan Investment Board, the largest pension manager in Canada, has significant holdings in some of the Indian companies.

₹2 lakh to youth for their self-employment, said Chief Minister Himanta Biswa Sarma on Wednesday, adding that the registration for 'Mukhya Mantri Atmanirbhar Asom' will begin from September 23-24. This was announced in a video conference held by Sarma with the Chief Secretary and senior officials from the conference hall of Assam House in New Delhi on Wednesday, according to a report published by the news agency ANI. In an official statement, Assam CMO said, “The Chief Minister later told media persons that the new scheme would provide financial assistance for ₹2 lakh each to two lakh youth for making them self-independent." Rajya Sabha MP Pabitra Margherita, Additional Chief Secretary, Home and Political, Ravi Kota, and Resident Commissioner, MS Manivannan attended the meeting which lasted for almost 40 minutes.

Marc Marquez is among several riders who have had their travel plans for this week's Indian MotoGP disrupted by visa delays. «Flight delayed due to lack of visa for #IndiaGP.

Canada made an explosive allegation implicating Indian officials in the killing of Sikh separatist leader Hardeep Singh Nijjar, Canadian officials sought public condemnation of the murder from their allies, including the United States, but were met with reluctance, The Washington Post reported. The same highlights the diplomatic challenges faced by the Biden administration and its allies as they try to navigate relations with India, a crucial player in the region, the report noted. The alleged assassination of Nijjar, a Canadian citizen, on June 18, led to behind-the-scenes discussions among senior officials from the Five Eyes countries in the weeks leading up to the September Group of 20 summit in New Delhi. However, no public mention was made before the summit, which was seen as an important event for Prime Minister Narendra Modi, according to The Washington Post. Canadian Prime Minister Justin Trudeau's announcement of «credible allegations» in the parliament caused a significant rupture in bilateral relations with India, resulting in the expulsion of an Indian diplomat in Ottawa, the report stated. «Canadian security agencies have been actively pursuing credible allegations of a potential link between agents of the Government of India and the killing of a Canadian citizen, Hardeep Singh Nijjar,» PM Trudeau said on Monday. However, New Delhi on Tuesday rejected Canada's allegations of Indian agents being involved in the killing of pro-Khalistan leader Hardeep Singh Nijjar, the chief of Khalistan Tiger Force and a designated 'terrorist'. In retaliation to the Trudeau administration expelling an Indian diplomat, New Delhi ordered a Canadian envoy, believed to be spying for the country in India, within five days, the

Also read: Nijjar killing row: 'Come with clean facts', Canadian Oppn leader Poilievre's big advice to PM Trudeau It is an alliance comprising Canada, the US, the UK Australia, and New Zealand. These partner countries share a broad range of intelligence with one another in a unified multilateral arrangement.

₹2.24 lakh crore) in 2022, marking a 37% increase in just four years, as per data from Statistics Canada. Bloomberg quoted Vivek Dehejia, an Economics Professor at Ottawa's Carleton University, as saying, “The financial connections are very strong in both directions." He opined that the recent diplomatic fallout could have a “chilling effect" on investment flows. India holds significant sway in Canada’s education sector, being the largest source of international students in Canadian universities and colleges.

India and Canada, triggered by Prime Minister Justin Trudeau's allegation of Indian agents being behind the killing of a pro-Khalistan leader on his home soil, Canadian journalist Terry Milewski on Tuesday said he hoped that more «evidence» will come to the surface in the form of «leaks, or announcements or private briefings». Speaking to on Tuesday, Milewski said the allegation «better be good» as if it isn't, it will turn into a «bigger embarrassment for Prime Minister Trudeau». He said the «Indians were not going to sit quietly» unless the Canadian government presented «evidence» to back its claim of New Delhi's involvement in the killing of the wanted Khalistani leader. «So I think that over time, either through a procedure of leaks or some sort of announcement or some nice little off-the-record private briefing for chosen reporters, that in one way or the other, it's going to get out what the government is talking about...I can tell you that it better be good. Because if it's not, this is just going to blossom into an even bigger embarrassment for Prime Minister Trudeau,» Milewski added. Milewski is a former senior correspondent for Canada-based CBC television news. The Canadian journalist said there has been a persistent rumour within the Khalistan community in Canada that this (killing of Hardeep Nijjar) was not some local gangland killing. «The problem is that for the Canadians there has been a persistent but unconformable rumour...within the Khalistan community in Canada, which is large and very active, that this was not some local gangland killing, as it first appeared.

Canadian government said, “Avoid all travel to the Union Territory of Jammu and Kashmir due to the unpredictable security situation." “There is a threat of terrorism, militancy, civil unrest, and kidnapping. This advisory excludes traveling to or within the Union Territory of Ladakh. Avoid gatherings and demonstrations," the government said as quoted by ANI.

NEW DELHI : Bilateral ties between India and Canada hang in the balance after India on Tuesday dismissed as “absurd and motivated" Canadian Prime Minister Justin Trudeau’s claim of a “potential link" between Indian government agents and the killing of Khalistani leader Hardeep Singh Nijjar in June, and the two countries carried out tit-for-tat expulsions of senior diplomats. Trudeau’s claim will further damage bilateral relations, which are already at an all-time low over the activities of pro-Khalistan elements in Canada, including holding a so-called referendum on a separate homeland for Sikhs, targeting of Indian diplomatic premises, and incitement of violence against top Indian officials.

NEW DELHI : A crash in tomato prices in parts of the country has prompted the government to consider purchasing them to protect farmers, two officials aware of the matter said. The idea is to use the consumer affairs ministry’s price stabilization fund (PSF), typically used to cool vegetable prices, to lift stocks from areas flooded with tomatoes and sell them in markets nearby where prices are more remunerative.