Cooper Financial News
26.09 / 08:13
Lowe's
Cooper
country
India permits 75,000 tonnes non-basmati white rice exports to UAE
India has allowed the export of non-basmati white rice to the tune of 75,000 tonnes to the UAE. Notably, the export of non-basmati white rice was prohibited from July 20 to check the domestic prices and ensure domestic food security. The exports to UAE are permitted through National Cooperative Exports Limited, the Directorate General of Foreign Trade said in its notification on late Monday evening. While amending the export policy, DGFT maintained that the export will be allowed on the basis of permission granted by the government to other countries to meet their food security needs and based on the request of their government. Last month, India had decided to allow the export of rice to «meet the food security requirements» of Singapore. West African country Benin is one of the major importers of non-basmati rice from India.
26.09 / 07:07
COST
Cooper
CEO
country
information
INSTC played a major role in pushing Russia-India trade volume in 2023: RZD CEO
economic cooperation – in 2023 with Russia for the first time getting into the three top trade partners of India due to contribution of International North South Transport Corridor (INSTC), CEO of RZD Logistics (top Russian logistics company that operates INSTC) Dmitry Murev told ET. The export from Russia to India in the 2022-2023 financial year increased by 4.7 times and activation of INSTC is one of the most important factors that contributed to this, according to Murev. “Our company managed to build strong partnership with the leading participants of transport and logistics industry of India, Iran, Turkmenistan and Kazakhstan, which, in particular, allowed to cut the net cost of the end-to-end transportation service along the Eastern route of INSTC by 50% since August of 2022,” Murev informed. All three branches of INSTC – Western, Trans-Caspian and Eastern – are working. Each of these routes has its own infrastructure characteristics and perspectives, uniting certain groups of member countries of INSTC, with India and Russia being actively involved in the work of the corridor on all three routes, RZD CEO pointed out. The Western route of INSTC connects Russia, Azerbaijan and Iran by rail and auto transport for connecting to India and Persian Gulf countries.
26.09 / 05:19
Cooper
President
country
play
China says willing to play 'constructive' role in APEC's success
China is willing to play a «constructive» role in the success of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, its top diplomat said on Tuesday, after President Xi Jinping's absence at the annual Group of 20 summit in India. «As the world's largest developing country and an important member of APEC, China is willing to comply with the expectations of the international community and play a constructive role in the success of APEC this year,» said Chinese Foreign Minister Wang Yi. Xi, with no official explanation, did not go to the G20 summit in New Delhi this month, with the Chinese premier, Li Qiang, attending in his place. That prompted the United States to say China was «giving up» on the G20 and was building an alternative world order. «Of course, we and all parties hope that the United States will recognise its responsibility as the host, demonstrate openness, fairness, inclusiveness, and responsibility, and create better conditions for the smooth holding of the meeting,» Wang said at a news conference, when asked whether Xi would attend APEC. Dialogue between China and the United States has been gradually resuming despite tensions between the two superpowers, especially over Taiwan.
26.09 / 05:11
Cooper
Action
economy
track
country
reports
Window closing on 1.5deg as IEA spells out $US4.5t/yr challenge
The International Energy Agency has doubled down on finding that no new oil, gas and coal projects can be built if the energy sector is to reach net-zero emissions by 2050, but left the door open for investment in existing fields and already approved projects to help avoid damaging price shocks.
26.09 / 01:31
Reuters
Cooper
Citizens
WhatsApp
information
2020
Nijjar killer must ‘be brought to justice’, says US while urging India to cooperate in the Canadian investigation
Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Hardeep Singh Nijjar, originally from Punjab in North India, relocated to Canada 25 years ago and gained Canadian citizenship. Labelled a "terrorist" by India in July 2020, Nijjar was an advocate for the creation of an independent Sikh state.
26.09 / 01:31
Cooper
Matthews
reports
Department
It's critical Canada's Nijjar case probe proceeds, perpetrators brought to justice: US
Hardeep Singh Nijjar must proceed and the perpetrators brought to justice. Canada has alleged that Indian authorities were behind Nijjar's killing.
26.09 / 00:55
Provident
Cooper
Fox
CEO
reports
Department
prevention
Tyson Foods, Perdue Farms seeing scrutiny from Labor Department
Tyson Foods CEO Donnie King discusses the company's latest investments and high food prices impacting the consumer.
25.09 / 22:43
25.09 / 18:09
Reuters
Cooper
WhatsApp
country
reports
testing
patient
Pak drug regulator investigates distributors of Roche's Avastin drug after diabetic patients become blind
Roche's Avastin cancer drug after 12 diabetic patients injected with the drug became blind, said a report by news agency Reuters. The health authorities in Punjab had launched the investigation into local use of the drug Avastin, the report said citing the Drug Regulatory Authority of Pakistan (DRAP).
25.09 / 18:09
UPS
Cooper
country
A trade reset
NEW DELHI : Valdis Dombrovskis, the EU’s chief trade negotiator, did some plain-speaking with China on Monday, saying that the latter’s tough security laws and a politicized environment had left European businesses anxious over their future in the country. While on tour there, he also said that the EU was being forced to act assertively.
25.09 / 17:39
Citi
Cooper
Manufacturing
Southern
show
country
Happy for C-295, Spain would like to be trusted bilateral partner for India, says envoy
India from Spain and asserted that Madrid would like to be a «very trusted bilateral partner» for New Delhi. The aircraft was inducted into the Indian Air Force in a ceremony at the Hindan Air Force Station on Monday. Ridao attended the ceremony, which took place in the presence of Defence Minister Rajnath Singh, Air Chief Marshal VR Chaudhari and senior officials of the Indian Air Force (IAF) and those from Airbus and Tata Advanced Systems (TASL). The medium tactical transport aircraft arrived in Vadodara on September 20, days after it was handed over to the IAF in the southern Spanish city of Seville, where Airbus has a facility. «The first plane (C-295) coming from Spain in this programme, and we are very happy, and at the same time, we are very engaged with this programme… we think that it is a great opportunity to become an important partner for India in this particular area, which is defence industry.
25.09 / 16:05
Provident
Cooper
WhatsApp
band
country
India allows 75,000 tons of non-basmati white rice export to UAE through NCEL
non-basmati rice to Bhutan (79,000 tonnes), Mauritius (14,000 tonnes), and Singapore (50,000 tonnes) through the National Cooperative Exports Ltd (NCEL). "The Government of India has the commitment that in case of food insecure, vulnerable countries and neighboring countries request, it will provide with the required quantity of rice or wheat," he said.
25.09 / 15:01
UPS
Cooper
Waters
show
reports
BJP to extend cooperation in ensuring Bengaluru bandh is successful tomorrow: Yediyurappa
BJP leader B S Yediyurappa on Monday said his party would extend cooperation in ensuring that the Bengaluru bandh called by various organisations protesting against the release of Cauvery water is successful. He accused Chief Minister Siddaramaiah and Deputy CM D K Shivakumar of behaving like agents of Tamil Nadu for complying with orders of the Cauvery Water Management Authority and the Cauvery Water Water Regulation Committee, which the Supreme Court refused to interfere with. The former chief minister said BJP's new alliance partner JD(S) too will support the bandh and take part in the protest organised by the party on September 27.
25.09 / 14:13
Citi
FIVE
Cooper
CEO
economy
country
innovations
Piyush Goyal calls on India to lead the world towards sustainability
Piyush Goyal said on Monday. “We should involve the scientific community and popularise sustainable practices in our industries,” he said. The minister was speaking at the inauguration of the 5th World Coffee Conference (WCC) at the iconic Bengaluru Palace, where he expressed his hope that the conclave would “brew a better world.” The WCC’s theme is ‘Sustainability through circular economy and regenerative agriculture.’ Praising the concept, Goyal said it resonated with the G20’s theme of ‘One Earth, One Family, One Future.’ “While sustainability is very relevant today, Basaweshwara, the 12th century saint from Karnataka, had brought forth the same concept in his philosophy that one must consume only as much as one needs,” he said. This is the first edition of the WCC taking place in Asia.
25.09 / 13:59
Cooper
Centre
Centre allows 75,000 tons non-basmati white rice exports to UAE
non-basmati white rice exports to UAE, a Directorate General of Foreign Trade notification said on Monday. «In exercise of powers conferred by Section 3rd with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 2 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023 and in accordance with the provision contained ni Para 2 (iv) of Notification No.
25.09 / 13:43
UPS
Cooper
hearing
bail
Court posts N Chandrababu's bail, police custody petitions for hearing on Tuesday
court here on Monday posted hearing the petition by Andhra Pradesh CID seeking five-day police custody of TDP chief N Chandrababu Naidu, as well as the bail pleas made by the former chief minister, to Tuesday. Special Public Prosecutor Y N Vivekananda, representing the CID, told PTI that the court has posted these matters to Tuesday to hear them together. «We insisted that our police custody petition should be heard as well.
25.09 / 12:13
25.09 / 09:37
Provident
Cooper
reports
Department
prevention
sanitizer
Perdue and Tyson Under Federal Investigation Over Child Labor
The Labor Department said it is investigating plants operated by poultry giants Perdue Farms and Tyson Foods following a report that some of the companies’ contractors employed migrant children to clean meat-processing plants. The New York Times magazine last week published an article that said migrant children were working overnight shifts at some of the companies’ plants. Perdue and Tyson said they would cooperate with any federal investigation.
25.09 / 09:33
UPS
Cooper
Waters
Discover
reports
pension
Rs 60 per day: UP govt employee sells 5 years of pension records to fund liquor habit
Kanpur's government office, a contractual class IV employee sold official documents to a scrap dealer to fund his alcohol habit. As per a TOI report, the accused, Mohan, found himself in hot water when some important pension documents were found missing. The matter came to light when an employee from the Non-Conventional Energy Development Agency alerted that Mohan discreetly placing several files into a sack regularly and sell it to a scrap dealer.
24.09 / 20:13
UPS
Target
MET
Cooper
Manufacturing
reports
KRIBHCO investing Rs 1,100 crore to set up 3 grain-based ethanol plants in Gujarat, Telangana, Andhra
KRIBHCO) is investing around Rs 1,100 crore to set up three ethanol manufacturing plants using maize and broken rice as feedstock. These three plants are being set up in Gujarat, Telangana and Andhra Pradesh with a capacity of 250 kilo litre per day. «We are setting up three bio ethanol plants as part of our diversification plan,» KRIBHCO's Chairman Chandra Pal Singh said. Rajan Chowdhry, Managing Director, KRIBHCO, said these plants are expected to be operational by end of the next year. «We are investing around Rs 1,100 crore on setting up these three plants.
24.09 / 19:09
Cooper
Platform
President
track
country
voice
consequences
It's still a world of double standards: S Jaishankar
S Jaishankar said. Jaishankar was speaking in US at a think tank event titled 'South Rising: Partnerships, Institutions and Ideas'. «Those who are occupying positions of influence, we see this in the UN Security Council most of all, are resisting the pressure to change. Those who are economically dominant today are leveraging their production capabilities and those who have institutional influence or historical influence have actually weaponised a lot of those capabilities as well,» he said. In another event, 'India-UN for Global South: Delivering for Development' in New York on Saturday, Jaishankar said India does «walk the talk» when it comes to South-South cooperation.
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