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Foreign direct investment (FDI) inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at USD 1,033.40 billion during the said period. About 25 per cent of the FDI came through the Mauritius route. It was followed by Singapore (24 per cent), the US (10 per cent), the Netherlands (7 per cent), Japan (6 per cent), the UK (5 per cent), UAE (3 per cent) and Cayman Islands, Germany and Cyprus accounted for 2 per cent each. India received USD 177.18 billion from Mauritius, USD 167.47 billion from Singapore and USD 67.8 billion from the US during the period under review, as per the data.

Alternative for Germany party on Saturday presented its candidate for chancellor in the country's upcoming election. In practice, Alice Weidel has no chance of taking the chancellery as other parties refuse to work with the populist party. But Alternative for Germany, or AfD, which was founded in 2013, has been getting strong approval rates and is currently the second strongest party in the country after the center-right Christian Democrats. It is polling between 18% and 19% in nationwide surveys.

Jagdeep Dhankhar on Saturday asserted that an eight-fold rise in per capita income needs to be achieved to realise the goal of «Viksit Bharat» (developed India) by the year 2047. Addressing the second convocation ceremony of Mahatma Gandhi Central University in Bihar's Motihari, he also expressed hope that the country, which was currently the «fifth largest economy» in the world, would «soon leave Germany and Japan behind». Lavishing praise on the Narendra Modi government at the Centre, without taking any names, Dhankhar said, «The last 10 years have been marked by eradication of a culture of corruption and middlemen seem to have been eliminated».

Brazil soccer has extended its kit deal with Nike by 12 years to 2038

China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts. Blaming Beijing's curbs on antimony exports announced in August, German chemicals and consumer goods heavyweight Henkel told customers last month it had declared force majeure and suspended deliveries of four types of adhesives and lubricants widely used by automakers, according to a Nov. 8 letter to clients reviewed by Reuters. Henkel uses the silvery metal to make its Bonderite and Teroson-branded products, core parts of the company's adhesive technologies division, which brought in 10.79 billion euros ($11.4 billion) in revenue last year.

The European Union has reached a blockbuster free trade agreement with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance

Oil delivery to the Czech Republic from Russia through the Druhzba pipeline has resumed after it was interrupted two days ago, official said

Data reveals a clear preference among these women for Western partners. In South Korea, 28% of international marriages in 2023 involved American men, followed by 18% with Chinese men. Marriages to men from other Western countries, including France, Italy, Germany, the UK, Canada, Australia, and New Zealand, accounted for approximately 17%. A similar trend appears in Japan, where American men were the top choice among foreign grooms for Japanese women. Japanese men seeking foreign brides, however, primarily choose women from China and the Philippines.

Subscribe to enjoy similar stories. Money: A Story of Humanity. By David McWilliams.

Divided between two takeover courtships, UniCredit's Andrea Orcel still has room to sweeten his bid for Italy's Banco BPM, analysts say, while political turmoil stalls a deal with Germany's Commerzbank. 

The supervisor overseeing the clerk's work approved the erroneous transaction without catching the mistake. She was later fired by the bank for failing to verify the transaction properly, sparking a legal battle that eventually landed in the German labour court.

The OPEC+ alliance of oil exporting countries is deciding on whether to produce more crude as members face sluggish demand and competing production from non-allied countries, factors that could keep oil prices stagnant into next year

Global shares have advanced, taking their cues from another Wall Street record rally, while bitcoin edged away from its record high

Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interrupted

open on Wednesday as investors braced for a crucial no-confidence vote by French lawmakers that will likely oust Prime Minister Michel Barnier's government. The pan-European STOXX 600 index was up 0.1% at 0810 GMT, on track for its fifth straight session of gains, after closing at a one-month high on Tuesday, with Germany's DAX rising 0.5%. France's CAC 40 was up 0.05%.

Subscribe to enjoy similar stories. NATIONAL CLIMATE policies are a relatively recent invention. In 1997, according to the Grantham Institute, a think-tank at the London School of Economics, there were 60; by 2022 the number had risen to almost 3,000.

Lionel Messi and Cristiano Ronaldo are still popular and respected by their fellow players even though they no longer play for European clubs. The 37-year-old Messi and 39-year-old Ronaldo were the only players not with clubs in Europe to be voted on a 26-man shortlist for the world team of the year organized by global players' union FIFPRO on Monday. The other 24 nominees played in the past year with clubs in England, Germany, Spain and France, though Kylian Mbappe was the only French connection after spending last season at Paris Saint-Germain.

Phillips Machine Tools (PMT) will launch a dedicated 3D materials division to address India’s lack of locally available high-tech consumables and raw materials, including titanium. The company has plans to secure an import license in the next six months and cater to the defence, aerospace, renewable, electronics, and, in certain aspects, the health tech market and clean energy sectors, the company’s Managing Director, Terrence Miranda, told ET. PMT is a fully owned subsidiary of the USA-based Phillips Corporation. “To obtain this license, you need to demonstrate capabilities, such as owning the necessary equipment and conducting R&D on it. India does not yet produce aerospace-grade titanium in the quantities or quality needed. For sectors like space and defence, this poses a significant challenge,” he said, adding that the company will incorporate it into its new 20,000 sq. ft facility in Chakan, Pune. PMT is working to source titanium from international markets, including the US and Germany, while also exploring regional exports to make it easier to procure.

Subscribe to enjoy similar stories. Investors are fretting that France may be on the verge of triggering a new eurozone crisis, and the amazing thing is that it took this long for everyone to notice that the country’s public finances, and its economy, are a mess. We don’t mean to make light of the worry gripping markets in recent days as the National Assembly has failed to pass a budget.

Lionel Messi and Cristiano Ronaldo are still popular and respected by their fellow players even though they no longer play for European clubs. The 37-year-old Messi and 39-year-old Ronaldo were the only players not with clubs in Europe to be voted on a 26-man shortlist for the world team of the year organized by global players' union FIFPRO on Monday, as per a report.. The other 24 nominees played in the past year with clubs in England, Germany, Spain and France, though Kylian Mbappé was the only French connection after spending last season at Paris Saint-Germain, AP reported. No player from any Italian club was selected, nor from any club in South America or Africa.

Positioned along the seismically active Ring of Fire, Indonesia and the Philippines have the second and third highest installed geothermal energy capacity in the world, after the United States