County Summit Financial News

Narendra Modi unveiled this ambitious project on 9 September during the G-20 summit in New Delhi. It has the potential to change face of Asia and Europe through the building of transport and communication links via rail, road, and the sea. Along with the US, Saudi Arabia, UAE, the EU, Italy, France, and Germany have signed a Memorandum of Understanding for this project.

G20 summit, India is hosting another global gathering — the ICC Cricket World Cup 2023, which has returned to India after 12 years. In this period, India has established itself as the commercial centre of the sport, with a huge fan base that consists of traditional cricket enthusiasts, new young fans and increasingly women. This passion and conviction has drawn in global and Indian advertisers, even as 10-second ad spots are being priced at a 40% premium when compared to the 2019 World Cup.

G20 Summit in New Delhi, commenced on Saturday from the city, according to a release. The initiative taken by a local NGO, Jagriti Sewa Sansthan in collaboration with G20 Startup 20, and supported by the State Bank of India and SIDBI, will focus on inclusive enterprise and women-led development with other themes from the Delhi Declaration, it said. The 8000-km long yatra will be undertaken across the country and will conclude in Mumbai on November 10, it said. Through the Yatra, participants will gain exposure to the international startup ecosystem, acquiring insights into inclusive practices and global networking, it stated. «We are happy to collaborate with the Jagriti G20 Startup20 Yatra, as it resonates deeply with SBI's commitment to fostering entrepreneurship in the country and participating in Women-led developmental initiatives,» SBI Chairman Dinesh Khara was quoted as saying in the release. «This initiative mirrors our focus on creating a diverse and inclusive entrepreneurial ecosystem, driving economic growth and social progress,” he added. The Yatra will promote the 5 pillars of the Delhi Declaration which include inclusive growth, green development, technological transformation and digital public infrastructure, women empowerment and culture as a transformative driver, as per the release. These key tenets of the Delhi Declaration will be amplified through seven mega events that are planned across Mumbai, Bengaluru, Varanasi, Deoria, Delhi (two events), and Gandhinagar, as part of the Yatra, it said. »This Yatra is being supported by SIDBI as a 'Green Partner, which has prioritised digitization and greening the enterprise ecosystem.

China's Belt and Road Initiative through a network of infrastructure projects, including a railroad connecting Saudi Arabia with Europe, President Joe Biden said. On the sidelines of the G20 Summit in September, key leaders of the world led by Prime Minister Narendra Modi and Biden had announced the launch of the ambitious India-Middle East-Europe Economic Corridor. «We are going to compete on that (Belt and Road Initiative) and we're doing it in a different way.

Catherine Seeber says it’s a great time to be a financial advisor.

China’s Foreign Minister Wang Yi will visit Washington on Thursday for high-level talks, the US state department has announced, as the two countries try to “responsibly manage” their fraught relations.

The letter, issued a week before the international AI Safety Summit in London, lists measures that governments and companies should take to address AI risks.

PTI. These steps will bolster regional deterrence efforts, increase force protection for US forces in the region, and assist in the defence of Israel, he was quoted as saying by the agency.

Prime Minister Narendra Modi asserted on Saturday that the country is heading towards becoming a developed nation in the next 25 years and appealed to the youth to be active participants in this journey. The world is your oyster, he said, and encouraged the young to undertake nine tasks for welfare of the poor and protection of the environment. Addressing students and alumni of the Scindia School in Gwalior on the 125th foundation day of the institution, the prime minister said when he took over in 2014 he could have drawn plans for the short term of a decade but chose to work for the growth of the country in the coming decades.

Lithium developer Liontown Resources will take on $760 million of further debt and issue up to $420 million of new shares in a heavily discounted raising, under a plan to complete construction of its Kathleen Valley mine in Western Australia without the deep pockets of Albemarle.

India on Thursday once again voiced its opposition to China's Belt and Road Initiative (BRI) as the project lacked respect for New Delhi's sovereignty and territorial integrity. External Affairs Ministry spokesperson Arindam Bagchi said unlike in the past, India had not been invited by China to this year's Belt and Road Forum.

Venture capital firm Celesta Capital plans to add another 15-25 entities to its India portfolio over the next 3-5 years, even as startups in India have been caught in a funding winter. “There is no slowing down or pulling back,” managing partner Arun Kumar told ET.

Major cryptocurrency exchanges and businesses are being lured to a proverbial crypto oasis around the Persian Gulf, according to Binance FZE’s general manager.

New York | Activist investor Starboard Value, which has built a position in News Corp, wants the Murdoch-family controlled media giant to separate its Australian real estate business.

new world order. Inaugurating the three-day Global Maritime India Summit in the national capital on Tuesday, PM Modi said, «In this changing world order, the whole world is looking towards India with new aspirations. The Indian economy is gathering more strength while the world is in the grip of an economic crisis.

Australian Securities and Investment Commission chairman Joe Longo punctured the crypto industry’s enthusiasm for federal regulation, warning it will take time to finalise licensing to avoid high-profile collapses like that of US crypto exchange FTX.

Cryptocurrency advocates are tipping the price of bitcoin to reach $US100,000 within the next five years as approval of the first exchange-traded funds for digital assets open the floodgates to institutional investors.

In a groundbreaking move toward linguistic inclusion, Bhashini, Indian government-backed AI language translation platform, is set to introduce voice-based services within the National Payments Corporation of India (NPCI). This innovative step aims to make UPI payments more accessible and user-friendly.

Also read: Israel-Hamas war: Putin backs Israel's self-defence, calls for 'independent' Palestinian state "The ongoing Israel-Hamas conflict may disrupt the project's timelines and outcomes, marking a pivotal juncture in the development of this ambitious economic corridor. While the war's direct impact remains regional, the geopolitical consequences reverberate far beyond, with potential consequences for the proposed corridor," he added.

Energy ministers from Australia’s two biggest states have called for the nation to “get on” with building transmission networks as TransGrid boss Brett Redman warned the electricity operator was prepared to compulsorily acquire properties along the route of the proposed 360-kilometre HumeLink.

Australia’s biggest private hospital operator, Ramsay Health Care, has lobbed a first-round offer for Cura Day Hospitals, put up for sale by Citi in May, Street Talk can reveal.