Cooper Financial News

27.08 / 19:11
UPS Cooper Booking Manufacturing CEO Airlines Indian ‘Started discussion with Indian companies to develop aircraft manufacturing,’ says Embraer CEO
Embraer SA, the world’s third largest manufacturer of commercial jets, is betting big on India as a key growth market and potential manufacturing hub. In an interview with ET’s Arindam Majumder, chief executive Francisco Gomes Neto, explains the Brazilian aerospace company’s growth plans which include finding a local joint venture partner to set up a manufacturing unit in India. Edited excerpts:India now has one of the largest aircraft order books in the world. But it has been a challenge to find customers here for Embraer. What are the sticking points? There are ongoing dialogues and conversations that are happening with Indian airlines.
27.08 / 18:37
UPS Provident Cooper Strategy track country Amit Shah to chair Western zonal council meeting in Gandhinagar on Aug 28
Union home minister Amit Shah will chair a meeting of the Western Zonal Council on Monday in Gandhinagar where a host of issues such as speedy investigation in cases of sexual offence and rape and matters related to infrastructure and environment will come up for discussion, officials said. The Western Zonal Council comprises Gujarat, Maharashtra, Goa and the Union Territories of Daman and Diu and Dadra and Nagar Haveli. The meeting will be attended by chief ministers, ministers, chief secretaries, principal secretaries and senior officers of member states and central government, officials said. The meeting is likely to discuss issues like speedy investigation in cases of sexual offence and rape against women and children, implementation of Fast Track Special Courts for expeditious disposal of rape and The Protection of Children from Sexual Offences (Pocso) Act cases. Facilitation of banks and India Post Payment Bank branches within 5 km in each village, addressing malnutrition among children through Poshan Abhiyan, reducing drop-out rate of school children, participation of government hospitals in Ayushman Bharat Pradhan Mantri Jan Arogya Yojana and issues of general interest at national level will also be discussed at the meeting. The meeting will discuss issues of common interests in areas of road connectivity, power, industries and other matters, they said.
27.08 / 16:53
UPS Cooper CEO country Basmati put under minimum export price
NEW DELHI : The government set a minimum export price (MEP) of $1,200 a tonne on basmati rice shipments in a move aimed at reining in domestic prices ahead of elections in key states. The move came a day after it imposed a 20% duty on non-basmati parboiled rice exports, effective immediately. The measures are aimed at ensuring rice prices remain under control after paddy production came under a cloud because of excess rainfall in Punjab and Haryana, and deficient rains in the eastern region.
27.08 / 16:05
Cooper Progressive negotiations end India, UK to continue FTA negotiations till August end
The commerce ministry Sunday said the Indian and UK officials will continue their negotiations till the month-end to resolve the differences on the proposed free trade agreement (FTA) reported PTI. The meeting will be followed by a review at the higher level, it said. After the G20 Trade and Investment Ministers Meeting (TIMM) at Jaipur, the progress of the FTA negotiations was reviewed by Commerce and Industry Minister Piyush Goyal and UK's Secretary of State for Trade Kemi Badenoch on August 26.
27.08 / 16:05
Cooper Aviat Celebrity country Dubai-bound Air India Express flight in Kozhikode delayed by 12 hours due to technical snag
Air India Express issued an apology via a statement for the significant delay of nearly 12 hours and the resulting inconveniences experienced by the passengers. "Our flight from Kozhikode to Dubai was held for a few hours today while we tried to resolve a technical issue.
27.08 / 15:59
Cooper Progressive negotiations end India, UK to continue FTA negotiations till Aug-end
FTA), the commerce ministry said on Sunday.
27.08 / 15:59
COST FIVE Cooper Progressive social Completing 100 days in office, Karnataka CM Siddaramaiah reiterates govt commitment to fulfilling pre-poll guarantees
Congress government in Karnataka completed 100 days, Chief Minister Siddaramaiah on Sunday sought people's cooperation to lead the «chariot of development» along with the execution of the five election guarantees. Riding on its pre-poll guarantees, the Congress swept to power winning 135 seats in the 224-member Assembly as it dislodged the ruling BJP.
27.08 / 09:23
Citi Cooper country Inside NOT Congress leader Kapil Sibal questions Amit Shah on Red Diary: Why not reveal the corruption details?
Taking a jibe at Amit Shah over his red diary statement, Rajya Sabha MP Kapil Sibal questioned that if the Union Minister really has the ‘red diary’ then why doesn't he reveal the corruption details. Sibal told news agency ANI, "Does he have the red diary. Amit Shahji, can you tell me if you have the red diary.
27.08 / 09:19
Digital Cooper Waters Platform Action Enterprise country Framework regulatory India spearheads global crypto regulatory framework under G20 presidency
India assumed the presidency of the G20. India had already bolstered its international reputation with its vaccine diplomacy, by playing a constructive role in climate change discussions, and by being the fastest-growing economy. For its presidency, India adopted the ancient Sanskrit shloka «Vasudhaiva Kutumbakam,» signifying «One Earth, One Family, One Future,” as its theme. This emphasises sustainable, responsible choices for both individuals and governments, aiming for a just and equitable world.
27.08 / 08:17
FIVE Cooper Action Metro Khalistan Ahead of G20 Summit, pro-Khalistan messages found written on Delhi Metro property
G20 Summit, pro-Khalistan messages were found in at least five Delhi Metro stations, officials said on Sunday. A senior police officer said unidentified people wrote ''Delhi Banega Khalistan" and «Khalistan Zindabad'' on the walls of at least five Delhi Metro stations. Legal action is being taken, the officer said. A senior Delhi Metro Rail Corporation official said, „It is a law and order situation.
27.08 / 06:15
Provident Target FIVE Cooper Suicide Maharashtra: 73 farmers commit suicide in Chandrapur from Jan to July 2023
Maharashtra's Chandrapur district from January to July this year, including 13 last month, as per the district administration data. From 2001 to 2023, 1,148 farmers have ended their lives in the district, including 446 in the last five years, according to the data. A committee comprising the district collector, zilla parishad chief executive officer and superintendent of police had declared 745 farmers, who committed suicide between 2001 and 2022, as eligible for government compensation and 329 deceased cultivators as ineligible, as per the district administration. The district administration had sent a proposal to the government for providing compensation to the kin of the deceased farmers and 48 cases are pending from December 2022, the data said. «We are following guidelines updated in 2006 for providing the compensation amount of Rs 1 lakh to the kin of farmers who commit suicide,» a senior official from the collectorate said. In case of suicide by farmers, the government provides compensation based on a fixed criteria. For reasons like crop loss, inability to repay loan from nationalised banks/co-operative banks or recognised moneylender, and failure to repay the loan, the kin of farmers will be eligible for a compensation of Rs 1 lakh, out of which Rs 30,000 will be handed over to them, while the remaining amount of Rs 70,000 will be deposited for five years into their accounts, as per the government resolution issued in 2006. A total of 54,514.65 hectares of crops belonging to 64,379 farmers in the district were damaged recently due to the flood in June-July this year, a senior official from the agriculture department said. He said a total of 852 villages were affected due to the flood in the district. Gondpipri
27.08 / 06:15
Provident FIVE Cooper country IAF contingent departs for Egypt to participate in biennial tri-service exercise BRIGHT STAR-23
Indian Air Force (IAF) contingent departed for Egypt on Sunday to participate in BRIGHT STAR-23 — a biennial multilateral tri-service exercise scheduled to be held at Cairo (West) Air Base — from August 27- September 16. Notably, this is the first time that IAF is participating in BRIGHT STAR-23 which will also see the participation of contingents from the United States of America, Saudi Arabia, Greece and Qatar, the Ministry of Defence said in a statement today. The IAF contingent will consist of five MiG-29, two IL-78, two C-130 and two C-17 aircraft. Personnel from the IAF's Garud Special Forces, as well as those from the Numbers 28, 77, 78 and 81 Squadrons will be participating in the exercise, the statement said. The IAF transport aircraft will also provide airlift to approximately 150 personnel from the Indian Army. The objective of the exercise is to practice planning and execution of joint operations.
27.08 / 04:03
MET Cooper country Ramaswamy Strong US-India ties key to economic independence from China', says Vivek Ramaswamy
PTI, Ramaswamy said, “The US is economically dependent on China today, but with a stronger relationship with India, it becomes easier to declare independence from that Chinese relationship." Biden Administration’s point person for South Asia has earlier said that the US wants to be part of India's economic miracle. “We want to be part of your economic miracle," Assistant Secretary of State for South and Central Asian Affairs Donald Lu had told PTI. “We strongly support India's goal to grow its economy in an inclusive way.
26.08 / 15:15
MET Cooper Mobile 'Shobha yatra' will be taken out in Mewat on August 28, no need to obtain administration's permission: VHP
Vishva Hindu Parishad (VHP) on Saturday said a «shobha yatra» would be taken out in the area on August 28 and asserted there was no need to obtain permission from the administration for such religious events. The organisation, however, said it would inform the administration about the procession and was open to discussion on its form and size as «we do not want to cast a shadow on a G20 event», scheduled in Nuh in the first week of September. The Haryana government on Saturday ordered the suspension of mobile Internet and bulk SMS services in Nuh district till August 28 in view of the call for the procession. Six people, including two home guards and a cleric, were killed in the communal clashes that erupted in Nuh and its adjoining areas when the VHP procession was attacked by a mob on July 31. Addressing a press conference here on Saturday, VHP joint general secretary Surendra Jain said the yatra would be taken out by the Sarva Hindu Samaj of Mewat, not the VHP. «Sarva Hindu Samaj has decided to take out and complete the yatra… We also do not want to cast a shadow on G20 event in any way.
26.08 / 14:39
Cooper Enterprise FinMin receives proposal to consider priority sector lending for EVs
small and medium enterprises, exports, and economically vulnerable groups such as small farmers, micro-enterprises, and disadvantaged segments.
26.08 / 11:45
UPS Citi Target Cooper NCCF procures 2,826 tn onion from farmers for buffer stock; to scale up buying in coming days
NCCF) on Saturday said it has purchased 2,826 tonnes of onion at Rs 2,410 per quintal directly from farmers in the last four days mostly from Maharashtra as it resumed procurement of the bulb for a higher buffer stock. The government enhanced the onion buffer stock target from 3 lakh tonnes to 5 lakh tonnes this year. Two cooperatives, NCCF and NAFED, have been mandated to procure 1 lakh tonnes each directly from farmers at Rs 2,410 per quintal to avoid panic selling amid the imposition of an export curb to control domestic prices. The two cooperatives are also disposing of the government's buffer stock of onion in both wholesale and retail markets to control the rising retail prices of onion, which at present are ruling up to Rs 60 per kg depending on the quality in Delhi and other cities. Speaking with PTI, NCCF Managing Director Anice Joseph Chandra said the cooperative commenced the procurement directly from farmers on August 22 in both Maharashtra and Madhya Pradesh.
26.08 / 11:45
Cooper Uncharted HAL track country NOT Requested Karnataka Guv, CM, Dy CM not to take trouble of coming early to receive me: PM Modi
Bengaluru visit to meet ISRO scientists, Congress leader Jairam Ramesh on Friday alleged that he purportedly barred Siddaramaiah and Shivakumar from receiving him at the HAL Airport. Meanwhile, a war of words erupted between BJP MLA and former minister R Ashoka and Deputy Chief Minister D K Shivakumar over «ignoring» protocol to receive the Prime Minister at the airport. Modi flew down to Bengaluru around 6 AM directly from the Greek capital of Athens to interact with ISRO scientists involved in the Chandrayaan-3 mission to the Moon. Addressing a large number of people gathered outside the HAL airport, the PM said since he was coming from a far-off place (Athens) he did not know what time he would reach here, and he requested Governor Thaawarchand Gehlot, CM Siddaramaiah and Deputy CM Shivakumar not to take the trouble of coming to receive him as he would return soon after paying tributes to ISRO scientists. «So, I had requested them that when I pay a formal visit, they definitely follow protocol,» Modi said. «They cooperated and I am thankful and grateful to them,» he said. Ramesh alleged that the PM was irritated with Siddaramaiah and Shivakumar for felicitating the ISRO scientists before him, and termed Modi barring the Chief Minister and his deputy as «petulant petty politics». Siddaramaiah on Thursday visited the Missions Operations Complex at ISRO Telemetry Tracking and Command Network (ISTRAC) and felicitated ISRO chief S Somanath and his team on the successful touch down of Chandrayaan-3 mission's lander on the Lunar surface. «The government will officially honour them by organising a special programme at the Banquet hall at Vidhana Soudha.
26.08 / 11:45
Provident BLOCK Cooper Aware country EU looking at petroleum products made from Russian crude oil in India finding way to its market
petroleum products made from Russian crude oil in India finding way to the European market, saying it defies the purpose of the sanctions against Moscow that are aimed at reducing its ability to finance the war with Ukraine. The European Union's Executive Vice-President and Commissioner for Trade, Valdis Dombrovskis, said oil products processed from Russian crude oil are arriving at the European market in «large quantities» and the grouping is looking at ways to deal with it. In an interaction with a small group of journalists, the EU Vice President, currently on a visit to India, accused Russia of using its energy supplies, and food as «tools» of «war and manipulation» to continue its attack on Ukraine. On the issue of food, Dombrovskis cited Russia withdrawing from the Black Sea grain initiative and blocking Ukraine's export of food grain to the world market. Since Russia's invasion of Ukraine in February last year, the Western powers have imposed a series of sanctions on Moscow including a price cap on Russian oil by G7-plus nations, in order to reduce its ability to finance the war on Ukraine.
26.08 / 09:34
Citi Art Cooper G20 Culture Ministers' meet: Modi says heritage vital asset for economic growth
Narendra Modi on Saturday underscored the critical role of heritage in driving economic growth and fostering international cooperation. Addressing the G20 Culture Ministers' Meeting via video link, Modi emphasized the unifying potential of culture in bridging diverse backgrounds and perspectives. He highlighted the profound significance of the G20 Culture Ministers' Group's work for the betterment of humanity.
26.08 / 09:34
Cooper Software social Kerala vigilance probe row: Court rejects plea seeking against CM Pinarayi Vijayan, his daughter
PTI. The petition was filed by social activist Gireesh Babu but was dismissed due to lack of evidence. According to details, Gireesh Babu's petition sought a probe into the 'illegal financial transactions, coming under the ambit of bribery, carried out between the accused persons,' in connection with mining and other 'business interests' of Cochin Minerals and Rutile Ltd (CMRL).

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