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financial year 2022-23, India's growth rate came in at 7.2 percent, higher than the RBI's estimate of 7 percent. However, the pace of growth was slower as compared to the 9.1 percent recorded in FY22. Coming back to S&P, the rating agency retained its growth forecast for the current fiscal at 6 percent, S&P also maintained that India's economy will grow 6.9 percent in both 2024-25 and 2025-26 fiscal years.

G20 meeting earlier this month. A Financial Times report said, people close to the development during the G20 meeting cited, “Several members of the Five Eyes — an intelligence-sharing network that includes the U.S., the UK, Canada, Australia and New Zealand — raised the June killing in British Columbia of Hardeep Singh Nijjar, a Sikh separatist leader, with Modi." The leaders intervened at the G20 summit after Canada urged its allies to raise the case directly with Modi, the newspaper reported. However, White House did not immediately respond to the report.

By Patricia Zengerle

NEW DELHI : Japan is looking to revive a dialogue with India focused on Indo-Pacific issues by the end of this year, according to persons aware of the matter. This dialogue, which was last held some years ago, is expected to take in topics ranging from economic security and China’s military expansionism to Indo-Japanese cooperation with third countries in the region. The move to revive this dialogue comes amid escalating tensions in the Indo-Pacific in recent months.

Stockbroker Ord Minnett’s head of natural resources, Richard Saywell, is packing his bags for a rival.

Vladimir Putin said Tuesday he will only comment on whether he will run for re-election in 2024 after the ballot is officially announced later this year. Putin has led Russia since the turn of the century, winning four presidential elections and briefly serving as prime minister in a system where political opposition has become virtually non-existent. «According to the law, parliament must make a decision at the end of the year,» Putin told the audience at the Eastern Economic Forum in the Pacific port of Vladivostok. «When the elections are announced, when the date is set, then we will talk about it,» he added. Presidential elections in Russia are officially set by parliament and held every six years, after the term limit was lengthened from four years previously.

By Marianna Parraga

Joe Biden insisted Sunday he does not want to «contain» China, as the two powers face deepening divisions on trade, security and rights. Biden said he had met Chinese Premier Li Qiang at the G20 summit in New Delhi — a meeting the White House had not announced — and discussed «stability». The president revealed the encounter in Hanoi, where earlier in the day he agreed a deal to deepen ties with Vietnam as Washington looks to bolster its network of allies around Asia and the Pacific in the face of Beijing's rising influence. Washington and Beijing are at loggerheads on a range of global issues, and Biden accused China of seeking to bend the international order to its will. «One of the things that is going on now is China is beginning to change some of the rules of the game, in terms of trade and other issues,» Biden told a news conference. Washington has invested heavily in building alliances as part of its Indo-Pacific strategy, including the Quad security dialogue with India, Australia and Japan, and the AUKUS pact with Britain and Australia. But he insisted the United States is not seeking to box China in, but rather to establish clear ground rules for relations. «I don't want to contain China.

There was no rest for Telstra’s bankers this weekend as they bunkered down to finalise a bid for Versent, the loss-making cybersecurity play on the market via Goldman Sachs.

G20 Summit 2023 LIVE Updates: As Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina held a bilateral talk in New Delhi on Friday, the two countries also signed three memorandum of understanding (MoUs), including one on cooperation in Digital Payment mechanisms.Meanwhile, US President Joe Biden arrived in the national capital Delhi on Friday to participate in the G20 Summit to be chaired by Prime Minister Narendra Modi. US President Biden, along with Janet Yellen, went for a closed-door meeting with PM Modi on Friday, after the former arrived in India.The Quad, comprising India, US, Japan and Australia, has been focusing on practical cooperation to ensure a free and open Indo-Pacific in the backdrop of China's increasing military muscle-flexing in the region.The 18th G20 Summit is being held at the state-of-the-art Bharat Mandapam Convention Centre in New Delhi on September 9 and 10.A Leaders Declaration will be adopted at the conclusion of the New Delhi Summit.Check all the latest updates on the G20 Summit 2023 at Mint's LIVE blog:German Chancellor Olaf Scholz arrived in New Delhi today to attend the two-day-long G20 Summit which is being held under India's Presidency.He was received by Union Minister of State for MSME, Bhanu Pratap Singh Verma at the airport.A group of dancers also presented a traditional dance to welcome the German chancellor.In May this year Prime Minister Narendra Modi had met the German Chancellor Olaf Scholz and reviewed the progress in bilateral relations and exchanged views on regional developments and global challenges.The two leaders met on the sidelines of the 49th summit of the Group of Seven (G7) in the Japanese city of Hiroshima in May recently.

Narendra Modi and US President Joe Biden on Friday stressed the importance of the Quad grouping in supporting a free, open, inclusive, and resilient Indo-Pacific. A joint statement issued after bilateral talks between the two leaders also said the Prime Minister looked forward to welcoming the US President to the next Quad Leaders' Summit to be hosted by India in 2024. The Quad, comprising India, the US, Japan and Australia, has been focusing on practical cooperation to ensure a free and open Indo-Pacific in the backdrop of China's increasing military muscle-flexing in the region. Prime Minister Modi and President Biden also pledged to sustain the high-level of engagement between their governments, industries, and academic institutions and realize their ambitious vision for an enduring India-US partnership that advances the aspirations of their people for a bright and prosperous future, serves the global good, and contributes to a free, open, inclusive, and resilient Indo-Pacific, the statement said. The joint statement was issued after comprehensive talks between Modi and Biden to further economic and people-to-people bilateral linkages with the Prime Minister asserting that the friendship between the two nations will continue to play a great role in furthering global good. This is President Biden's first visit to India as US President.

Stocks that are trading heavily or have substantial price changes Friday: Smartsheet, Smith & Wesson rise; RH, Zumiez fall

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Weather remains a pivotal factor influencing the price dynamics of various agricultural commodities across the globe. This holds true for three major food commodities: cocoa, sugar, and rice, all of which have witnessed a substantial uptick in prices in recent weeks.

​Aptiv, a global technology company, today announced the grand opening of a new state-of-the-art facility for its Technical Center in Pune, India. With a focus on developing safer, greener and more connected mobility solutions, the Aptiv Technical Center will play a pivotal role in shaping the future of mobility in India and around the world."India is a thriving economy with great growth potential and a highly skilled talent pool, making it an attractive market for expansion and investment, said Mr. Mattias Carlsson, Vice President, Global Engineering, Connection Systems & Electrical Distribution Systems, Aptiv. The new Technical Center in Pune demonstrates Aptiv's commitment to expanding its footprint in India.

Ecuador's location is increasingly putting it at the confluence of two global trades: bananas and cocaine

Invasive species that wreck crops, ravage forests, spread disease, and upend ecosystems are spreading ever faster across the globe, and humanity has not been able to stem the tide, a major scientific assessment said Monday. The failure is costing well over $400 billion dollars a year in damages and lost income — the equivalent to the GDP of Denmark or Thailand — and that is likely a «gross underestimation», according to the intergovernmental science advisory panel for the UN Convention on Biodiversity (IPBES). From water hyacinth choking Lake Victoria in East Africa, to rats and brown snakes wiping out bird species in the Pacific, to mosquitoes exposing new regions to Zika, yellow fever, dengue and other diseases, the report catalogued more than 37,000 so-called alien species that have taken root — often literally — far from their places of origin. That number is trending sharply upward, along with the bill for the damage multiplying fourfold per decade, on average, since 1970. Economic expansion, population increase and climate change «will increase the frequency and extent of biological invasions and the impacts of invasive alien species,» the report concluded. Only 17 percent of countries have laws or regulations to manage this onslaught, it said. Whether by accident or on purpose, when non-native species wind up on the other side of the world, humans are to blame. The spread of species is hard evidence that the rapid expansion of human activity has so radically altered natural systems as to tip the Earth into a new geological epoch, the Anthropocene, scientists say. The hyacinth that at one point covered 90 percent of Lake Victoria — crippling transport, smothering aquatic life, blocking hydroelectric dam intake and

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NEW DELHI : The union health ministry is considering a proposal to regulate alcohol content in drug preparations such as aromatic tincture in order to curb their illegal sale at pharmacies. They are most often used as ‘country liquor’ by economically weaker sections. As part of the proposal, the government plans to amend the Drug Rules, 1945 to bring alcohol-based drug formulations under Schedule H1 from existing Schedule K drugs.

Welcome to the weekend. To start off your day, we’ve curated 10 great reads to enjoy.

HUAWEI CLOUD, the cloud service division of global technology titan Huawei, has officially entered into a «Memorandum of Understanding (MoU)» with COBO, a frontrunner in digital asset custody solutions. This landmark announcement was made during an exclusive, closed-door event.