County Summit Financial News
18.09 / 10:15
Man
country
voice
Watch: Ray Dalio likens Modi to Chinese revolutionary Deng Xiaoping, says issues with Muslims won’t stop India's growth
Narendra Modi to Chinese revolutionary Deng Xiaoping, the leader often credited with revolutionising the country’s economy. Dalio, the founder of Bridgewater Associates, was speaking at the All-In Summit 2023 at Royce Hall on UCLA's campus in Los Angeles, USA. He emphasised that - just as Deng catalysed China's economic surge, Modi could be the driving force behind India's development.
18.09 / 10:11
Progressive
Remark
country
'Modi is Xiaoping': India is where China was in 1984, says founder of world's largest hedge fund
Ray Dalio, during his address at the All-In Summit 2023 held at Royce Hall on UCLA's campus in Los Angeles, has expressed his belief that India holds the highest potential for growth among the top 20 countries globally. Drawing parallels between India's Prime Minister, Narendra Modi, and China's legendary leader Deng Xiaoping, Dalio emphasized the significance of India's substantial reforms in translating into robust economic progress. «We have 10-year growth rate estimates for India and the top 20 countries of the world.
18.09 / 09:47
Target
Digital
Platform
LinkedIn
country
Two managing partners leave early-stage investment firm Orios; expected to start new fund
Orios Venture Partners (VP) on Monday had two of its managing partners, Anup Jain and Rajeev Suri, step down in back-to-back announcements on professionals networking platform LinkedIn. Jain and Suri are set out to launch a fund independently, sources in the know told ET. “Rajeev Suri who was heading investor relations and Anup Jain who was part of the investing team have departed. Rehan Yar Khan, the founding partner, continues to head fund investments along with a nine member team,” a spokesperson from Orios VP said in a statement. The Mumbai-based firm said it will continue to look to make eight to ten investments a year.
18.09 / 07:45
Provident
Lowe's
Action
country
Mint Explainer: How the India-Ukraine relationship turned sour
G20 Summit in New Delhi, reflected Ukraine’s wider frustration with India’s position on its war with Russia. Mint takes a closer look at the tensions roiling the India-Ukraine relationship. Podolyak was speaking about the rise of powers such as India and China.
18.09 / 03:21
Turkey in talks for alternative to India-Middle East trade corridor plan: Report
report by Financial Times. Turkey has pushed against the proposed India-Middle East-Europe corridor that was agreed upon this month during the G20 Summit held in New Delhi. The India-Middle East corridor would transport goods from the subcontinent through the United Arab Emirates (UAE), Saudi Arabia, Jordan, and Israel to European markets.
16.09 / 10:17
UPS
Celebrity
country
Indian
G20 summit: Diplomats hail ‘Chandrayaan moment’ for Indian diplomacy
G20 summit in Delhi was a “Chandrayaan landing moment” for the Indian Foreign Service as New Delhi converted a diplomatic event into “a people’s movement,” said Muktesh Pardeshi, Special Secretary in charge of summit operations, and eminent diplomats who participated in a post-summit conference. “India converted a diplomatic event into a people’s movement. It was a Chandrayaan landing moment for the foreign service,” said Pardeshi at a panel discussion on key outcomes of the September 9-10 G20 summit in New Delhi. “G20 has touched the hearts of people — that’s the real success of our Presidency,” said Mr Pardeshi, who played a pivotal role in organising around 200 preparatory meetings in the run-up to the New Delhi summit. “The transformative journey, exemplified by the G20 presidency, transcended the confines of a diplomatic event.
16.09 / 05:25
Cooper
Citizens
show
country
voice
Inside
PM Modi retains ‘world’s most popular global leader' position: Report
Narendra Modiretained his top position as the world's most popular leader with an approval rating of 76 percent, according to a survey by US-based consultancy firm ‘Morning Consult’. In previous ratings too, PM Modi had topped the ranking. The 'Global Leader Approval Rating Tracker’ 76 percent of people approve of PM Modi’s leadership, while 18 percent disapprove of it and six percent did not give any opinion, ANI reported.
16.09 / 03:45
FIVE
Reuters
Progressive
country
Canadian Minister postpones trade mission to India amid diplomatic tensions
G20 summit in New Delhi. Shanti Cosentino, a spokesperson for the minister said, “At this time, we are postponing the upcoming trade mission to India", according to a report published by Reuters. PM Modi who held formal bilateral meetings with many world leaders during the G20 summit, snubbed Canadian Prime Minister Justin Trudeau, allowing only a short, informal meeting on the sidelines five days ago.
15.09 / 17:49
Provident
Platform
country
social
‘Baseless’: PIB fact checks Congress' allegation of PM Modi misleading public on G20 summit in Chhattisgarh
Bhartiya Janata Party (BJP) leader Narendra Modi had visited Chhattisgarh on Thursday, the state that is slated to go into Assembly elections later this year. The Congress had accused PM Modi of misinformation, alleging that he misled the public attending the elections meet, and claimed a G20 meeting was held in Chhattisgarh. The Chhattisgarh Congress's social media handle wrote, “The Prime Minister of the country came to Chhattisgarh and lied and went away," along with a clip from Modi's address.
15.09 / 13:19
Ethereum
Vitalik Buterin Advises Caution: Evaluate Hong Kong's Crypto Friendliness for Long-Term Presence
Ethereum (ETH) co-founder Vitalik Buterin has issued a word of caution to cryptocurrency projects considering establishing their operations in Hong Kong.
15.09 / 10:05
regulation
Web3
politician
Hong Kong politician responds to Vitalik's comments about crypto-friendliness
Johnny Ng, a member of the Legislative Council of Hong Kong, took to social media on Sept. 15 in response to comments made by Ethereum co-founder Vitalik Buterin about Hong Kong’s future “friendliness” toward cryptocurrencies.
15.09 / 07:31
UPS
Target
Aviat
Airlines
Forrester
track
Electric planes and green hydrogen within a decade, Bowen says
Federal Energy Minister Chris Bowen says electric planes will be in the skies and a green hydrogen industry will be up and running by the end of the decade, as Australia charts its course to net zero carbon emissions by 2050.
15.09 / 05:05
Crypto regulations
Hong Kong Lawmaker Addresses Vitalik Buterin’s Concerns on City's Crypto-Friendliness
Hong Kong legislator Johnny Ng has extended an invitation to Buterin to gain a firsthand understanding of the region's regulatory environment and crypto-related strategies after the Ethereum co-founder questioned the city's crypto-friendliness.
14.09 / 16:41
UPS
Target
Cooper
Fighting
show
country
The New Delhi Declaration and Paris Agenda show a way forth
G20 summit in New Delhi, which accepted the African Union as a full-fledged group member in a historic decision, pushed this agenda forward. In Paris, we asked for a world where poverty is eliminated, the health of our planet is preserved and vulnerable countries are better equipped to face the crises that arise from climate change and conflicts. To meet these goals, we must leverage all sources of finance and remain united.
14.09 / 11:37
UPS
Why Ray Dalio shuns bonds in favor of cash
Bridgewater Associates LP founder Ray Dalio said he doesn’t want to own bonds and prefers cash, highlighting difficulties investors face as global central banks try to manage inflation.
14.09 / 08:57
COST
UPS
Digital
country
‘IMEC likely to have far reaching global economic implications…’ G20 Sherpa Amitabh Kant
G20 summit, India, the US, UAE, Saudi Arabia, France, Germany, Italy and the European Union on Saturday on the sidelines of the G20 Summit in New Delhi signed a Memorandum of Understanding (MoU) to establish the India-Middle East-Europe Economic Corridor (IMEC). The G20 Leaders' two-day summit, held under India's presidency, wrapped up on Sunday.
14.09 / 08:39
UPS
Manufacturing
TCS
Huawei
band
country
TCS to tap global markets for promoting made in India 5G gear: COO
Tata Consultancy Services (TCS) is looking to tap overseas markets, particularly the US, to promote locally developed and manufactured fifth generation, or 5G, radio network gear on the backdrop of Centre’s ambition to 'make in India for the world' to overcome supply chain disruptions. “The N78 5G radios designed by Tejas Networks may be qualified for all greenfield and brownfield 5G opportunities that present themselves to the company globally including that in the US,” TCS chief operating officer NG Subramaniam told ETTelecom. Developed by Saankhya Labs, the N78 radio, compatible with 3300 MHz spectrum band, is being currently manufactured by Bengaluru-based Tejas Networks, which acquired the telecom startup early last year. In 2021, Tata Sons acquired homegrown telecom gear maker Tejas Networks.
14.09 / 06:01
Facebook
Twitter
BLOCK
Platform
Tesla
social
elon
Taiwan blasts Elon Musk over latest China comments
TAIPEI (Reuters) — Taiwan is «not for sale», the island's foreign minister said in a stern rebuke to Elon Musk who asserted Taiwan was an integral part of China, as the billionaire again waded into the thorny issue of relations between Beijing and Taipei.
14.09 / 05:49
Provident
Citizens
Progressive
country
voice
India earns praise from Pakistani locals for hosting successful G20 Summit
Pakistan have expressed their appreciation for India's recent accomplishment in successfully hosting the G20 summit in New Delhi last week. This gathering of leaders from the world's top 20 nations has garnered admiration from across the border, with one Pakistani resident emphasizing, «India has taken a good step.
14.09 / 04:47
Lowe's
Action
Remark
country
Ukraine clarifies on ‘intellectual potential’ remark, acknowledges 'global roles' of India, China
Also read: Ukrainian official says India has 'weak intellectual potential’, 'doesn't fully understand...' “Of course, Turkey, India, China, and other regional powers are increasingly and clearly justified in claiming global roles in the modern world - and there are all the reasons for this: historical, economic, cultural, scientific, and political. And these roles have long been much more extensive than Russia’s. But the global world is much broader than even the most thoughtful regional national interests," Podolyak said.
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