Germany Financial News

Siddaramaiah writes to PM Modi to cancel Hassan MP's diplomatic passportA Special Court for Elected Representatives issued an arrest warrant on Saturday against Prajwal following an application moved by the SIT.Concurrently, Karnataka Chief Minister Siddaramaiah has also written to Prime Minister Narendra Modi, requesting him to cancel Hassan MP Revanna's passport.The Karnataka CXM said that it is shameful that Revanna fled the country on April 27, 2024, to Germany using his diplomatic passport shortly after news of his heinous actions emerged and just a few hours before the first FIR was filed against him.Prajwal Revanna case: No objection to action against grandson, says Deve Gowda"I write to you once again to draw attention to the grave series of incidents that Prajwal Revanna has been accused of committing. These incidents have not only shocked the conscience of the people of the State of Karnataka but have also caused a nationwide concern," he said.Prajwal Revanna and his father HD Revanna are facing a probe by an SIT constituted by the Karnataka government over allegations of sexual harassment and criminal intimidation following a complaint by a woman who worked in their household.HD Revanna leaves jail today on conditional bail | WatchRecently Bengaluru court granted interim bail to HD Revanna after he secured a conditional bail in the kidnapping case linked to the 'obscene video' case.The main plea bail will be heard on Friday at 3 pm.Prjawal is the grandson of former India's Prime Minister HD Deve Gowda.Prajwal, who contested as the NDA candidate in the polls from Hassan, reportedly left the country on April 27, a day after the polls.

Lupin, and Reliance Industries, while Patel Engineering is recommended as a buy at CMP 65 for an intermonth momentum play."--Prashanth Tapse, Senior VP (Research), Mehta Equities LtdSensex Today Live : L&T Technology Services announced the inauguration of the Simulation Centre of Excellence for Airbus, strategically located at the LTTS stateof-the-art campus in Bangalore. This Centre of Excellence is designed to bolster engineering support for Airbus aircraft structural simulation activities across its diverse business units in Europe spanning France, Germany, the UK, and Spain.The Simulation CoE aims to unify and standardize processes across all Airbus European business units and aircraft programs.

Tesla Inc got off to a sluggish start to the second quarter in Europe, where Chief Executive Officer Elon Musk was expecting a much better showing than the first few months of the year. The carmaker registered just 13,951 vehicles in April, the European Automobile Manufacturers' Association said Wednesday, down 2.3% from a year ago and its worst tally since January 2023. Tesla's result was an exception in an otherwise encouraging month for battery-electric vehicle sales, which rose 14% industrywide.

The landscape of crypto taxes is varied and dynamic, with some nations emerging as particularly friendly to crypto investors and traders.

Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. The move comes on the heels of its announcement this month of a 7.8 billions euro investment to build a cloud centre in Germany, and 1.2 billion euros in France to develop cloud infrastructure and logistical infrastructure of its parcel delivery service.

Volkswagen has delayed the launch of its electric ID.7 sedan in the U.S. and Canada, the German automaker said on Wednesday, citing changing market dynamics. The company did not provide a new timeline for the launch of the electric sedan. It was slated to be rolled out in the U.S. and Canada later this year. Global automakers including Ford, General Motors and Mercedes are rethinking their EV plans as the sector struggles with slowing demand. They are instead focusing on higher-margin hybrids and gasoline-powered models.

Silver price may hit ₹1,00,000 on MCX by June, say analysts; 5 key triggers driving rally The mid- and small-cap segments underperformed the benchmarks. The Nifty Midcap 100 index rose 0.19 per cent, but the Nifty Smallcap 100 index declined 0.35 per cent. Weak global cues also capped the gains.

higher education from prestigious universities overseas for a fruitful career. However, not all are successful in achieving this dream. The obstacles are many — finding a good institution, identifying the right course, qualifying and securing admission, getting a visa, arranging finances, doing well in studies, securing a good job and getting permission to stay and work in your country of choice. If you are planning to go abroad for higher studies, you should have a good understanding of all the available options before selecting the best one. We tell you about the 5 most popular countries Indian students prefer to go for higher studies and what these countries offer in terms of education opportunities, finances and jobs.

Germany’s foreign minister says sending air defense systems to Ukraine to help protect it from Russian cruise missiles, rockets and drones is an “absolute priority.”

Singapore Airlines flight that encountered a «sudden extreme turbulence» over the Irrawaddy Basin at 37,000 feet, the flag carrier of Singapore said on Tuesday. The traumatic incident in which the aircraft descended 6,000 feet in about three minutes, left a 73-year-old British man dead and more than two dozen other passengers injured. The British man, who was not yet identified, «likely» died from a heart attack, the General Manager of Suvarnabhumi Airport Kittipong Kittikachorn said.

₹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.

Meaningful rises or falls in global government bond yields look unlikely in the near term as interest rates have peaked but persistent inflation means rate cuts will likely be slow, analysts said. Money market forwards price in 42 basis points of rate cuts by the U.S. Federal Reserve, 65 basis points by the European Central Bank and 55 basis points by the Bank of England for this year, according to Refinitiv.

Global shares have retreated even after most U.S. stock indexes finished higher, especially technology issues like Nvidia

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.

Getting Things Done: The Art Of Stress-Free Productivity, productivity consultant David Allen emphasised the importance of workflow, saying its purpose is not to let the brain become lax but rather enable it to move toward more efficient and productive activity. The term “workflow automation" was coined in the 1920s by mechanical engineers and management consultants Frederick Taylor and Henry Grant, who tracked and depicted work processes graphically seeking to improve efficiency.

Digital asset investment products experienced substantial inflows totaling $932 million for the second week.

court on Monday granted bail to JD(S) MLA and former Karnataka Minister H D Revanna in a sexual assault case. The 42nd Additional Chief Metropolitan Magistrate Court had previously granted interim relief to the 66-year-old politician.

A local council in Germany has approved a plan by electric carmaker Tesla to expand the grounds of its first plant in Europe, a proposal which has drawn persistent protests this year

The Russian state news agency Tass says a court in St. Petersburg has ordered the seizing of assets of Germany's Deutsche Bank and Commerzbank in Russia

(Bloomberg) — This is the first story in a Bloomberg Green series breaking down the Hydrogen Hype.

HD Revanna leaves jail today on conditional bail | Watch His statement concurred with Kumaraswamy (Gowda's other son and state JD(S) chief)'s remark that if found guilty no one should be spared. Gowda, who turned 92 on Saturday, recently announced that he would not celebrate his birthday and requested well-wishers and party workers to wish him from wherever they are.