Czech Republic Financial News

₹8,200) It is important to know that the Schengen area covers 29 countries, including 25 European countries. The countries that are part of the Schengen area are Germany, France, Italy, Spain, Norway, Switzerland, Poland, Portugal, Romania, Luxembourg, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Greece, Latvia, Lithuania, Hungary, Malta, Netherlands, Austria, Slovenia, Slovakia, Finland, Sweden, Iceland, and Liechtenstein.

European Commission is set to increase Schengen visa fees from June 11, 2024. Slovenia’s Ministry of Foreign and European Affairs confirmed that while visa fees for adults will increase from €80 to €90 for adult applicants beginning, visas for children aged six to twelve will also increase, from €40 to €45. Furthermore, countries not cooperating with the readmission of their irregularly staying citizens in the EU may face visa fees rising to €135 or €180. «The European Commission adopted a decision to increase short stay Schengen visa (visa type C) fees worldwide by 12 per cent. The increase will apply worldwide as of 11 June 2024,» the Slovenian government said in a statement. The fee increase follows a review of EU visa fees in December 2023, which occurs every three years as mandated by the Schengen Visa Code. The EU cites inflation and civil servants' salaries as reasons for the hike. The last increase was in February 2020 when fees rose from €60 to €80.

Slovakia’s government approved a plan to build another nuclear reactor in a country that relies heavily on nuclear electricity generation

The Czech power company CEZ says its net profit in the first quarter of the year reached 13.6 billion Czech crowns or $592 million

Hardeep Singh Nijjar, in Vancouver, as per an AFP report. Amandeep Singh, aged 22, who was already under detention for unrelated gun charges, now faces charges of "first-degree murder and conspiracy to commit murder" in Nijjar's alleged "assassination", it added. This follows the recent arrests of three other Indian nationals in connection with the same case.

₹554 crore, while Premji Invest, and its associates, will pick up the remaining 19.26% equity for another ₹132 crore. According to a company statement, the transaction is subject to approvals from the Competition Commission of India, and the Reserve Bank of India. JM Financial acted as the financial advisor to Home Credit India Finance, while Khaitan & Co.

No reliable evidence of Indian involvement in foiled Pannun murder plot: Russia In November last year, the US authorities said an Indian government official had directed the plot in the attempted murder of Gurpatwant Singh Pannun, a dual citizen of the United States and Canada. The US White House in April said it viewed the reported role of the Indian intelligence service in the assassination plots as a very serious matter. As per the US Justice Department indictment, Indian national Nikhil Gupta was involved in the alleged attempt to kill Pannun.

Gurpatwant Singh Pannun is an ongoing legal matter, the US State Department said it «won't speak» until «allegations are proved» before a jury. Gurpatwant Singh Pannun is an India-designated terrorist who holds American and Canadian citizenship.

HBO has revealed that Lady Gaga's concert special, Gaga Chromatica Ball, will premiere on Saturday, May 25, at 8 pm. The special will air on HBO and stream on Max. Where to Watch

A joint operation involving national authorities from Austria, Cyprus, and the Czech Republic has led to the arrest of six individuals connected to an online scam related to the sale of rights or tokens for a supposed new cryptocurrency. 

The Czech Republic’s central bank has cut its key interest rate for the fourth straight time as inflation dropped and the economy has shown signs of recovery

Germany. According to the European Union's official website, the rules have been updated in view of strengthened relations between European Union and India under EU-India Common Agenda on Migration and Mobility. This agenda seeks comprehensive cooperation on migration policy between the European Union and India, with facilitation of people-to-people contacts being of key aspect due to the importance of India as a partner for the EU.

New Delhi: India and the Czech Republic are in talks to enhance defence cooperation, leveraging the shared utilization of Soviet and Russian-made defense platforms between the two nations. The discussions center on the possibility of Czech defense firms providing maintenance services, spares, and equipment to the Indian Army and Air Force, Eliska Zigova, Czech Republic’s Ambassador to India, said in an interview. “We understand that India has had a lot of cooperation in the past with the Soviet Union’s defense industry.

«India's export trade expansion has been impressive in spite of global challenges in 2023,» the official said. India's merchandise exports have recorded healthy growth in European nations like Romania, Czech Republic, Montenegro, Finland, the Netherlands, Portugal, Luxemburg, Iceland, Ireland, and Austria.

electric vehicle policy will help global carmakers expedite decisions on investing in manufacturing EVs in the country besides allowing brands gauge customer response to premium EV models in a value conscious market, said a senior executive at the local arm of Czech carmaker Skoda Auto. Speaking to ET, Petr Janeba, brand director, Škoda Auto India said the policy will make high-end EVs more popular in the Indian market as there will be a lot of variety to choose from. “The Volkswagen (VW) Group is committed to invest in India, so any such policy will help in expediting the decisions. We are now in the middle of calculations. With the new policy, it looks more positive than before,” said Janeba, who joined the Indian operations in January. He did not elaborate.

(Reuters) -Investment firm MNC Capital said on Monday it has raised its all cash bid to acquire sporting and outdoor products maker Vista Outdoor (NYSE:VSTO) to $3 billion from $2.9 billion.

The Czech power company CEZ says its 2023 net profit reached 29.6 billion Czech crowns ($1.27 billion), down more than 63% from the previous year, which saw record profits

The Czech Republic's central bank has cut its key interest rate for a third straight time amid falling inflation and an effort to help the economy

The British government says it will hold the next meeting of the European Political Community on July 18

Paris Olympics quota winners Akhil Sheoran and Anish Bhanwala as well as Niraj Kumar shone the brightest as Indian rifle and pistol shooters ended their Polish Grand Prix campaign with six medals, including two gold on Monday. Some members of India's 50m rifle and 25m rapid-fire pistol squad are currently on an exposure tour to Europe to compete in various established international Shooting events, in the build-up to Paris 2024. Akhil Sheoran won gold for India in the men's 50m rifle 3 positions (3P) match two, when he shot a scorching 468.4 to leave Patrik Jany of the Czech Republic a distant 2.2 behind in second at the Grand Prix Wroclawia & Dolnego Slaska. Both those scores were however higher than the existing world record of 466.1, held by Jany's countryman Jiri Privratsky, as per a press release from the National Rifle Association of India (NRAI).

Poland’s president is calling on other members of the NATO alliance to raise their spending on defense to 3% of their gross domestic product