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Chinese President Xi Jinping is kicking off a three-country trip to Europe with the continent divided over how to deal with Beijing’s growing power and the U.S.-China rivalry

French President Emmanuel Macron has put trade disputes and Ukraine-related diplomatic efforts at the top of the agenda for talks with visiting Chinese President Xi Jinping

tourist arrivals, Sri Lanka has renewed visa-free entry for visitors from India and six other select countries, aiming to make travel more accessible and convenient for international tourists. The countries included in this initiative are India, China, Russia, Japan, Malaysia, Thailand, and Indonesia, allowing their nationals to visit Sri Lanka for up to 30 days without visa fees. The Sri Lankan government's decision comes as part of efforts to rebuild the tourism industry, which has faced significant challenges due to the COVID-19 pandemic and the country's ongoing economic and political crises. The visa-free entry scheme, launched in October as a pilot project, reflects Sri Lanka's commitment to promoting tourism and creating seamless travel experiences for visitors from key markets. Although the visa-free entry allows visitors from the select countries to stay in Sri Lanka for 30 days, they are required to apply for their visa online through the website www.srilankaevisa.lk before their arrival. This online application process is designed to ensure smooth processing while maintaining security checks for incoming tourists.

Putin began his fifth term Tuesday as Russian leader at a glittering Kremlin inauguration, setting out on another six years in office after destroying his political opponents, launching a devastating war in Ukraine and concentrating all power in his hands. Already in office for nearly a quarter-century and the longest-serving Kremlin leader since Josef Stalin, Putin's new term doesn't expire until 2030, when he will be constitutionally eligible to run again.

Indian companies are also not usually running second to the Chinese in many sectors, especially in cutting-edge technology domains. The pressures on or exit of Chinese companies under Europe’s new laws, thus, might not necessarily create openings for Indian companies to take advantage of. What is, therefore, likely to happen, is similar to what has happened with Indian expectations of friend-shoring.

Deepak Shenoy, Founder, Capital Mind, says “I believe longer term, LIC is still a good play. Even from here, the fourth quarter is likely to be pretty good because they recognise a certain set of revenues only in the fourth quarter related to their participating policies, the 7.5% of profit that they will share with shareholders is taken out entirely in the fourth quarter, so that will be a fairly large chunk to add. Also we are still buying BSE because despite what happened recently in terms of SEBI giving them a notice about paying up for the options volumes on a notional basis rather than on a premium basis, they have increased their rates and perhaps are going to recover any future charges from customers directly.”

Dr Reddy's and PB Fintech in the mix. Other companies which will also announce the results include Bigbloc Construction, Century Textiles, Chambal Fertilisers, Graphite India, Hindustan Media, IDFC, Indraprastha Gas, Indo Euro Indchem, Infobeans Technologies, Jindal Saw, JSW Energy, Jupiter wagons among others.

Rabindranath Tagore's birth anniversary to Border Roads Organisation (BRO) raising day, several incidents are celebrated on May 7, every year. The day also marked a phenomenal development in geopolitics as Vladimir Putin became the President of Russia for the first time on May 7, 2000. Take a look at the key events that were held today in past.

Russian President Vladimir Putin ordered his country’s military to test its readiness to use tactical nuclear weapons—a step the Kremlin said was a response to recent comments by Western officials, including warnings that European powers could do more to help Ukraine in its fight with Moscow. Exercises involving Russia’s navy and air force, along with units in the country’s southern military district that oversees Crimea and other parts of Ukraine occupied by Russian forces, are to begin on an undisclosed date, the Russian Defense Ministry said.

Germany said Monday it recalled its ambassador to Russia for a week of consultations in Berlin following an alleged hacker attack on Chancellor Olaf Scholz's party. Germany last week accused Russian military agents of hacking into the top echelons of Scholz's Social Democrats' party and other sensitive government and industrial targets. Berlin has joined NATO and fellow European countries in warning that Russia's cyberespionage would have consequences. The Foreign Office in Berlin said Monday that the government is taking the latest incident «seriously» and that Foreign Minister Annalena Baerbock had decided to call back German Ambassador Alexander Lambsdorff. He would return to Moscow after a week, it said.

Dr Reddy's Laboratories is expected to post robust numbers in the fourth quarter ended March 2024, led by stable price erosion and improved US generic industry dynamics. According to an average estimate of four brokerages, revenue from operations in the January-March 2023 period is seen growing up to 18% year-on-year (YoY).

₹60,000 per 10 grams to ₹71,132 per 10 grams. On April 12, they touched a record high of ₹73,958. This unprecedented surge in gold prices indicates heightened global uncertainty, driven by factors such as trade tensions, financial conflicts among global major powers, record-high interest rates in advanced economies, and ongoing wars, particularly in the Middle East.

Emmanuel Macron was on Monday set to warn Chinese leader Xi Jinping against backing Russia in the conflict over Ukraine but also seek to enlist his help in finding an end to the war. Xi is making a state visit to France marking 60 years of diplomatic relations between France and China. The trip is his first to Europe since 2019 and will also see him visit Serbia and Hungary later in the week.

gold surged this year to its highest price ever, Xena Lin joined the frenzy by making monthly purchases of gold «beans,» pebble-like morsels of the precious metal. For Lin, a 25-year-old administrative worker in southern China, the $80 beans — small enough to rest on a fingertip and weighing about one-thirtieth of an ounce — were an affordable way to buy into the gold excitement without splurging for jewelry, gold bars or coins. She had dabbled with investing in stocks in the past, but she said buying gold, especially in this fun way, inspired her to continue investing.

foreign policy today affects every citizen, External Affairs Minister S Jaishankar said that if India had not been clear on the Russia-Ukraine war, petrol price would have gone up. Highlighting the pressure and the problems India faced, Jaishankar said, «Look at one example. We had this pressure on Russia and Ukraine. We were clear. Suppose we had not been clear. Suppose we had said. Sorry. Sorry. You are saying it very strongly. We will not do what we did. Your petrol price would have gone up by Rs 20 because of that.» «We take a stand on foreign policy for average citizens,» he said during an interactive session in Odisha's Cuttack.

Secularism means respect for all religions and it does not mean that you deny your own religion or are somehow not proud of your culture and heritage, said External Affairs Minister S Jaishankar on Sunday, clarifying what he means by the concept. His remarks came during an interactive session in Odisha's Cuttack while campaigning for the Bharatiya Janata Party (BJP) amid Lok Sabha elections. On being asked how secularism can be incorporated in the country's foreign policy, EAM Jaishankar explained, «Now first of all let us be very clear what we mean by secularism. Secularism means respect for all religions. Secularism does not mean. that you deny your own religion or you are somehow not proud of your culture and heritage. Today's Bharat there are history, culture, and traditions.»

West Virginia Sen. Joe Manchin says new rules governing electric vehicle tax credits are a giveaway to China

Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, which starts in France on Monday

metallurgical coal from Russia have spurted around three-fold in the last three years to around 15.1 million tonnes in 2023-24 mainly due to lower prices while the same from Australia have declined, according to a research firm. Russia's share in India's metallurgical coal imports of 73.2 million tonnes (MT) has risen to around 21 per cent from around 8 per cent in 2021-22, research firm Big Mint said in a statement. The import of metallurgical coal, which includes coking coal and pulverised coal injection (PCI), from Russia, stood at 5.1 MT, accounting for 8 per cent of India's total imports of 65.6 MT of the commodity in 2021-22. Metallurgical coal imports from Russia rose to 11.3 MT in 2022-23, accounting for 16 per cent of 69.9 MT met coal imports in that year. In 2023-24, met coal imports from Russia were 15.1 MT or 21 per cent of total met coal imports of 73.2 MT. Australia, a major supplier of met coal to India, saw a decline in the commodity's exports to India. Australia supplied 50.7 MT of met coal in FY22, or 77 per cent of the total imports of India. Met coal shipments dropped to 42.2 MT in FY22, while market share also declined to 60 per cent. In the last fiscal, met coal imports from Australia dropped further to 40.4 MT, resulting in a market share of 55 per cent.

India has extended the timeline for duty-free imports of yellow peas by four more months until October 2024, according to an official notification. In early December, the central government allowed duty-free imports of yellow peas until March 2024, later to be extended till April and then June. It was part of New Delhi's intervention to cool the prices of the overall pulse basket. Reportedly, the duty on yellow peas was first implemented in November 2017 at 50 per cent. India largely imports yellow peas from Canada and Russia.

municipal solid waste into charcoal, a project for which he has set up a plant in Gangoh, a nondescript town in Uttar Pradesh’s Saharanpur district. “Cogo (Eco-Tech Solutions) is a Latin word, meaning bringing together,” says Kurishingal, 59, with a smile on his face as he points towards the logo on the new machines. “The USP of this Make-in-India technology is that it requires no segregation of waste at all. All types of waste can be put into a single machine.”