India Financial News

Agniveers of the Indian Navy was held at INS Chilka in Odisha. The passing-out parade took place on Friday, and a total of 1389 Indian Navy Agniveers, including 214 women, graduated from the portals of INS Chilka. «A significant milestone was achieved as 1389 Agniveers, including 214 women Agniveers, of the Indian Navy passed out from the portals of INS Chilka on 09 Aug 24,» as per a Ministry of Defence press release.

Rush Doshi, a key architect of US President Joe Biden’s China policy, served in the National Security Council in 2021-24. Author of an acclaimed book, The Long Game: China’s Grand Strategy to Displace American Order, he speaks to Seema Sirohi on the US, India and China. Edited excerpts: How do you view the India-China border situation? What would US do if there was another Galwan-type situation? First, the Biden Administration has repeatedly noted the need for China to refrain from aggressive activity around the Line of Actual Control. Second, the US is not only more public about the border dispute but even includes it alongside the South and East China Seas, Taiwan Strait, as examples of provocative Chinese activity.

Kai Group, a Japan-based personal care product and kitchen equipment maker, said it will invest 300 million yen (around Rs 17.17 crore) to expand production capacity of its manufacturing facility at Neemrana in Rajasthan. This latest investment is to increase the production capacity of women's razors by over 5 million units per year, according to a statement issued by the group's local subsidiary Kai India. «The group is planning an additional investment, allocated around 300 million yen, reflecting KAI group's commitment to bolstering its manufacturing infrastructure,» it said. The expected timeline for the completion of this expansion is five months, and the company expects the enhanced production capacity will be operational by the end of December 2024.

Vinesh Phogat's appeal to award her a joint silver medal. «The ad hoc division of CAS has extended time till 6:00 p.m. on August 11, 2024, for the Sole Arbitrator Hon. Dr Annabelle Bennett in the Vinesh Phogat vs. United World Wrestling & the International Olympic Committee to issue a decision. The reasoned order will be issued at a later date,» said IOA in a statement. Phogat had filed an appeal on August 7 challenging the Olympics disqualification she faced for weighing more than 50 Kg by 100 grams, leading to the Olympics committee revoking her silver medal win.

Vice President Jagdeep Dhankhar has condemned recent remarks by Congress leaders comparing the unrest in Bangladesh to potential scenarios in India. Speaking at the platinum jubilee celebrations of the Rajasthan High Court in Jodhpur, Dhankhar expressed his disapproval of these comparisons, which he believes undermine national stability. “Be on watch out!!! Efforts by some to infuse a narrative that what happened in our neighbourhood is bound to happen in our Bharat, is deeply concerning. How can a citizen of this country having been a Member of Parliament, and the other who has seen enough of Foreign Service takes no time in saying that what happened in the neighbourhood will happen in India!” Dhankhar said.

Muhammad Yunus condemned recent attacks on minority communities in the country, calling them «heinous,» and called on the youth to protect Hindu, Christian, and Buddhist families. Speaking at Begum Rokeya University in Rangpur, Yunus urged students to ensure the safety of minorities and not let their efforts be undermined. These remarks come following the fall of Sheikh Hasina's government on August 5, which led to at least 205 incidents of attacks on minority communities across 52 districts, according to the Bangladesh Hindu Buddhist Christian Unity Council and the Bangladesh Puja Udjapan Parishad. Thousands of Bangladeshi Hindus are attempting to flee to neighboring India to escape the violence. Yunus, addressing students who are leading protests, assured them that many were watching their efforts and encouraged persistence in their cause. «There are many standing by to make your efforts futile. Don't fail this time,» Yunus stated during his speech.

Mamata Banerjee on Saturday vowed to seek death penalty for the accused in the brutal sexual assault and murder of a postgraduate trainee doctor in a state-run hospital. Her announcement came shortly after the accused, who was reportedly an outsider frequenting the hospital premises, was arrested and later remanded to 14-day police custody. Banerjee also instructed officials to expedite the trial by moving it to a fast track court. She said her government would have no objections to a CBI probe if the students demand it, emphasising, «If they do not trust the West Bengal government, they can approach any investigating agency; we have no objection.»

Mobile phones priced in the range of Rs 10,000-20,000 dominate the country's smartphone industry, constituting over 40 per cent of the total market size, according to Infinix India CEO Anish Kapoor. Kapoor said the demand for 5G-enabled handset has increased in the recent past and devices priced between Rs 10,000 and Rs 20,000 see higher demand as compared to those priced below Rs 10,000 that used to dominate the market earlier. The stagnancy, which was in the market for the past two years, has changed, and the market has once again started to grow back, said Kapoor who was in Lucknow on Thursday for the launch of the company's latest smartphone Note 40X 5G. "...earlier the phones which were priced under Rs 10,000 used to dominate the market in India, and it was around 35 per cent to 40 per cent. Now, the major market has gone to the mobile phones priced in the range Rs 10,000 to Rs 20,000 now, which is close to 43 per cent," Kapoor told PTI.

doctors for their patients as he cited a scene from the famous movie 'Munna Bhai MBBS', saying the ultimate aim of medicine is to uplift the humanity. The CJI also said India is one of the pioneers in innovation but its fruits are limited to a very few as he urged doctors to make advancements in the health sector accessible to everyone He was addressing a gathering of young doctors at the 37th convocation of the Postgraduate Institute of Medical Education and Research (PGIMER) here. He highlighted that the PGIMER has been a cornerstone of many medical advancements and innovations in India, standing as a beacon of excellence for the last 62 years.

Paris 2024 Olympics, India's Reetika Hooda faced off against the top-seeded Aiperi Medet Kyzy of Kyrgyzstan in the women’s 76kg freestyle wrestling event. The match ended in a narrow defeat for Hooda, with the score tied at 1-1. However, Medet Kyzy advanced due to scoring the last equalizing point, as per wrestling rules.

terrorists and security forces in Anantnag district, Jammu and Kashmir, resulted in the deaths of two soldiers and injuries to three others. The clash erupted during a cordon and search operation in Ahlan Gagarmandu, part of the Kokernag area. Following intelligence reports about the presence of terrorists in the area, security forces launched a coordinated operation. The Indian Army, Jammu and Kashmir Police, and CRPF were involved in the mission. During the operation, terrorists opened fire on the search party, leading to a fierce exchange of gunfire. According to PTI, an official reported, «Two soldiers were killed and three others were injured after an encounter erupted between terrorists and security forces in Anantnag district of Jammu and Kashmir on Saturday.» The wounded soldiers have been evacuated from the site.

Reetika Hooda today lost to top seed Aiperi Medet Kyzy, the Asian Games champion and World Championship silver medallist, in the women's 76kg quarterfinal bout. Reetika lost the match on points. Interestingly, the final score showed 1-1. So why Reetika Hooda lost the match? As per the rules of Olympics for wrestling, if the two wrestlers end with the same score, the one who scores the last point is declared winner.

ISRO's commercial arm NewSpace India Limited (NSIL) signed an agreement on Saturday to grant assistance for the launching of the Nepal-built Munal satellite, according to an official statement. Munal is an indigenous satellite developed in Nepal under the aegis of the Nepal Academy of Science and Technology (NAST), the MEA said. Antarikchya Pratishan Nepal (APN), a Nepalese space startup, has assisted Nepalese students in the design and fabrication of this satellite. The satellite aims to build a vegetation density database of the earth's surface, the Ministry of External Affairs (MEA) said in the statement. The MoU was signed by Anurag Srivastava, Joint Secretary (North) from MEA and Arunachalam A, Director from NSIL.

Droupadi Murmu on Saturday lauded the «very small but active» Indian community in Timor-Leste as a 'living bridge' for its role in improving bilateral relations and announced that India will soon open its embassy here. President Murmu, who arrived earlier in the day, on the first-ever presidential visit from India to Timor-Leste, was speaking at an interaction event with the Indian diaspora in this archipelagic Southeast Asian nation. Before this event, Murmu received the Grand Collar of the Order of Timor-Leste, the country's highest honour from her counterpart Jose Ramos-Horta for her achievements in public service and dedication to education, social welfare and women empowerment. «The Grand Collar of the Order of Timor-Leste bestowed upon me is a symbol of manifestation of the warmth and special friendship between the two countries,» she said at the outset as she thanked President Ramos-Horta and the country for hosting her and the Indian delegation.

Best smartwatches with heart rate monitoring: Top 10 options to considerBest TWS earbuds in India 2024: True wireless earbuds comparisonBest neckband bluetooth headphones that provide comfort and great sound quality: Top 10 picksBest wireless headphones: Choose from our top 10 picks for long lasting sonic brilliance FAQsQuestion : Can a smartwatch track my heart rate?Ans : Yes, most smartwatches have built-in heart rate monitors that track your heart rate continuously or during workouts.Question : Do TWS earbuds work with all smartphones?Ans : Yes, TWS (True Wireless Stereo) earbuds are compatible with most smartphones via Bluetooth, regardless of the brand or operating system.Question : Are neckband headphones comfortable for long-term use?Ans : Yes, neckband headphones are generally designed to be lightweight and ergonomic, making them comfortable for extended use.Question : Do wired headphones offer better sound quality than wireless?Ans : Yes, wired headphones often provide better sound quality due to a direct connection, minimising signal loss and latency compared to wireless options.Question : How far can wireless headphones work from the connected device?Ans : Wireless headphones typically work within a range of 10-30 metres (33-98 feet) from the connected device, depending on the Bluetooth version and any obstacles.At Hindustan Times, we help you stay up-to-date with the latest trends and products. Hindustan Times has an affiliate partnership, so we may get a part of the revenue when you make a purchase. We shall not be liable for any claim under applicable laws, including but not limited to the Consumer Protection Act, 2019, with respect to the products. The products listed in this article are in no particular

tourism sector has the potential to resolve 50 per cent of the country's employment challenges with the right government support, Lemon Tree Hotels Chairman and Managing Director Patanjali Govind Keswani said on Saturday. Delivering his address at the first National Conclave on India 2047, organised by IIM Calcutta, he said India's tourism sector is on the verge of hitting the inflexion point. Keswani pointed out that several countries have seen that the tourism sector contributes as much as 15-20 per cent to their GDP and account for 25 per cent of employment. Expressing disappointment over the government's approach towards the tourism sector, he said, «In India, tourism contributes only 6.5 per cent to GDP and a similar share in employment. This sector holds enormous potential for creating jobs.»

Indian Medical Association (IMA) has issued an ultimatum following the shocking rape and murder of a second-year postgraduate student at RG Kar Medical College in Kolkata. The IMA demands immediate action, including an impartial investigation, the arrest and punishment of the culprits, and measures to enhance the safety of doctors, especially women, in the workplace. The association has given authorities a 48-hour deadline to act, threatening nationwide protests if their demands are not met. Preliminary autopsy reports revealed that the woman doctor had been sexually abused before being killed. Her body was discovered inside a seminar hall on the third floor of the campus. The incident has sparked outrage within the medical community, with calls for urgent action to ensure the safety and security of doctors. In a press release, the IMA stated, «We demand that the authorities act with precision and in time of 48 hours failing which IMA will be constrained to initiate nation wide action. A fair, transparent and time sensitive criminal investigation is in order. An ultimatum of two days is given to arrest culprits otherwise IMA will take nation wide protests.»

India-Maldives ties for the benefit of the people in the two countries and the region. Jaishankar is on a three-day official visit to Maldives to reset the bilateral relationship, the first high-level trip from India after the archipelago nation's pro-China president Muizzu assumed office last year. «Privileged to call on President Dr Mohamed Muizzu. Conveyed greetings of PM @NarendraModi. Committed to deepening India-Maldives ties for the benefit of our people and the region,» Jaishankar posted on X along with a photograph of the meeting. Meanwhile, in a post on X, Muizzu said it was a pleasure to meet Jaishankar and join him in the official handover of water and sewerage projects in 28 islands of the Maldives.

Pakistan, while Caveman was moving across various states in India. This cross-border connection raised suspicions. Further investigation revealed two additional accounts exhibiting similar patterns: one under the name «Qasem Solemani» and another with an Urdu name followed by «123.» By tracking these digital trails and coordinating with human intelligence, Indian law enforcement officials successfully apprehended Rizwan Ali, a highly skilled «improvised explosive device (IED) expert» who had managed to evade authorities for over a year. Rizwan, who held a diploma in fire safety and management and had briefly worked in the firefighting equipment industry, could have chosen a peaceful and prosperous life. Instead, he allegedly used his technical knowledge to assemble IEDs, landing him on multiple agencies' most wanted lists.

Godrej Agrovet (GAVL) on Saturday said it will set up an Oil Palm Processing mill with an initial capacity of 10 tph (tonnes per hour) in Dhalai district in Tripura. The company's Oil Palm Plantation business (OPP) will be setting up the Oil Palm Processing mill. The mill is expected to be up and running by 2026, with an initial capacity of 10 tph, the company spokesperson told PTI. The company currently operates a nursery in Dhalai district with a capacity of 3 lakhs saplings per year and plans to increase it to 5 lakhs saplings per year, the company said in a statement.

Congress on Saturday hit out at the Centre over the issue of trade deficit with China and said that while other countries around the world had taken measures to restrict uncontrolled Chinese imports, «our government has been caught napping at the wheels». Congress general secretary in-charge communications Jairam Ramesh said the data revealed by the government in the Rajya Sabha shows that India's trade deficit with China has surged by about 16% over the last two years from USD 73,306.2 million in FY22 to USD 85,079.03 million in FY24. «Governments across the world are taking note of China's industrial overcapacity and its dumping of goods overseas. However, unlike most governments that have taken proactive measures to restrict uncontrolled Chinese imports, our government has been caught napping at the wheels,» Ramesh said in a post on X. «Our domestic industries are being decimated and shutting down, unable to compete with the onslaught of cheap Chinese goods,» the Congress general secretary said.