Country Financial News
01.10 / 14:57
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TMC MGNREGA agitation: Bus carrying protesters to Delhi meets with accident in Jharkhand, several injured
Click here! “The BJP govt shamelessly denied to provide a special train after accepting the deposit. This blatant obstruction of WB's right to protest for their rightful dues is a glaring testament to their FEAR," TMC national general secretary Abhishek Banerjee posted on X.
01.10 / 14:17
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Indian
Asian Games 2023: Avinash Sable becomes first Indian man to win gold medal in 3000m steeplechase event
Asian Games 2023: Avinash Sable successfully became the first Indian man to win gold medal for the country in the 3000m steeplechase event at the Asian Games 2023 in Hangzhou, China. Avinash Sable broke the previous Asian Games record as he completed the race in 8:19.50 seconds. Iran's Hossein Keyhani held the previous record of 8:22.79 seconds which he completed in Asian Games 2018.
01.10 / 12:35
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PM Modi to visit poll-bound Rajasthan, Madhya Pradesh tomorrow
Madhya Pradesh on Monday and will lay the foundation stone for various development projects in both states, said an official release. Prime Minister will dedicate to the nation and lay the foundation stone for various development projects worth about Rs 7,000 crore in Chittorgarh, Rajasthan. According to the Prime Minister's Office, to promote a gas-based economy, the Mehsana-Bhatinda-Gurdaspur Gas Pipeline will be dedicated by the Prime Minister. «The pipeline has been built at a cost of about Rs 4,500 crores. Prime Minister will also dedicate the LPG Plant of HPCL at Abu Road.
01.10 / 12:35
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Truckers in Germany end 'unprecedented' strike
Europe ended a weeks-long work stoppage in Germany including a hunger strike after reaching a pay deal at the weekend, labour representatives said. Edwin Atema, head of the Road Transport Due Diligence Foundation, which monitors and addresses violations of work standards in Europe, said Saturday that the striking truckers had seen their demands met. «All claims and charges against the Graefenhausen drivers are withdrawn, money has been paid and the strike is over,» he said on X, formerly known as Twitter, referring to the location in western Germany where some 80 drivers had set up a protest encampment. Atema, who led the negotiations on the labour side, said the drivers had been previously «invisible» in European road transport supply chains but achieved «fundamental changes» with their industrial action. «Not invisible anymore, but invincible,» he said. The truckers — mostly from Uzbekistan and Georgia, with a handful also from Tajikistan, Ukraine and Turkey — work for several Polish trucking companies owned by the Mazur Group. They said they were not being regularly paid their salaries — at a daily rate of about 80 euros ($85) — and were charged hefty amounts to even take the jobs in the first place while having to work extremely long hours. Believing their Polish employers would not respond to their growing desperation amid the 10-week strike, some of the drivers stopped eating last month. They were demanding a total of 500,000 euros in what they said were unpaid wages.
01.10 / 12:05
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Godrej Agrovet to invest Rs 300 cr in integrated palm oil unit in Telangana
Godrej Agrovet Limited's oil palm business vertical has announced that the company will set up an integrated palm oil complex in Telangana. To be set up in the Khammam district, it will consist of a crude palm oil mill along with the provision of setting up a refinery in the near future. The company has an expertise of more than three decades in the oil palm business. The company will also establish a nursery with a capacity of up to 7 lac saplings per year in addition to the seed production and research unit, Godrej Agrovet said in a release on Saturday. «Telangana's ambitious oil palm mission aims to bring 20 lakh acres under cultivation across the state.
01.10 / 12:05
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Slovak election winner Fico eyes mandate, reiterates Ukraine stance
Slovakia's Robert Fico, whose SMER-SSD party won a parliamentary election, said on Sunday he would wait for the country's president's mandate for forming a government, estimating coalition talks could last at least two weeks. Fico, who pledged during the campaign to end military aid to Ukraine, also told a news conference Slovakia has bigger problems than Ukraine and would do everything possible to start peace talks, adding his position was unchanged. With nearly all of the nation's voting districts reporting in the Saturday election, Fico's SMER-SSD party scored nearly 23% of the vote, followed by almost 18% for the Progresivne Slovensko (Progressive Slovakia, PS) party.
01.10 / 12:05
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UK PM Sunak says there are no plans for now to send British troops to Ukraine
military instructors to Ukraine, rowing back from reported comments by his defence minister that he wanted to begin training Ukrainian troops in the country. To date, Britain and its allies have avoided a formal military presence in Ukraine to reduce the risk of a direct conflict with Russia. British defence minister Grant Shapps, who was appointed to the role last month, said in an interview with The Sunday Telegraph newspaper that he wanted to deploy military instructors to Ukraine, in addition to training Ukrainian armed forces in Britain or other Western countries. Hours after that interview was published, Sunak said there were no immediate plans to send British troops to Ukraine. «What the defence secretary was saying was that it might well be possible one day in the future for us to do some of that training in Ukraine,» Sunak told reporters at the start of the governing Conservative Party's annual conference in Manchester. «But that's something for the long term, not the here and now. There are no British soldiers that will be sent to fight in the current conflict.» Former Russian President Dmitry Medvedev on Sunday said any British soldiers training Ukrainian troops in Ukraine would be legitimate targets for Russian forces Britain has provided five-week military training courses to around 20,000 Ukrainians over the past year, and intends to train a similar number going forward. In an interview with the Sunday Telegraph, Shapps said there was scope to offer military training within Ukraine after a discussion on Friday with British military chiefs. «I was talking today about eventually getting the training brought closer and actually into Ukraine as well,» he was quoted as saying.
01.10 / 12:05
country
Pakistani Taliban attack a police post in eastern Punjab province killing 1 officer
Taliban fighters attacked a police post in eastern Punjab province early Sunday, killing one officer and injuring three others, triggering an intense shootout that killed two of the attackers, officials said. The attack occurred in the Mianwali district of Punjab province and led to an intense exchange of fire as reinforcements arrived at the besieged police post, said Imran Nawaz, a spokesman for the counterterrorism police. A group of 10 to 12 militants attacked the Kundal police post in the Easa Khel area of Mianwali, close to the northwestern Khyber Pakhtunkhwa province, after midnight, Nawaz said. The exchange of gunfire continued for hours during which two of the attackers were killed and a third was injured but escaped with others, Nawaz said.
01.10 / 12:05
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India has scope for 130-150 more wide-body aircraft: GE Aerospace
GE Aerospace South Asia CEO Vikram Rai said. GE Aerospace, a leading aircraft engine maker, sees a «great potential» in India, which is also the world's third largest aviation market and domestic airlines have nearly 1,500 aircraft on order. While emphasising that «India is a focus market and a priority market for GE Aerospace», Rai said that in his view, domestic airlines would consider having more wide-body planes in their fleet and also deploy them in dense domestic routes.
01.10 / 11:55
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Vande Bharat cleaned in just 14 minutes, as Indian Railways takes cue from Japan's bullet trains | WATCH
Click here! He said the initiative is being undertaken to improve punctuality and turnaround time. “It is a unique concept and happening for the first time in the Indian railways," the railway minister said. Over 200,000 lakh people participated in around 2,050 activities involving 685,883 man-hours, according to the railways.
01.10 / 11:48
01.10 / 11:48
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Credit Suisse, Mozambique reach out-of-court 'tuna bond' settlement
ZURICH (Reuters) -Credit Suisse has reached an 11th-hour out-of-court settlement with Mozambique over the $1.5 billion-plus «tuna bond» scandal, the Swiss bank's new owner UBS said on Sunday, drawing a line under a damaging dispute it inherited.
01.10 / 10:03
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OMCs hike ATF prices by 5%, commercial LPG price up over ₹200
₹1,18,199.17 per kilolitre (Kl), up 5.14% from ₹1,12,419.33 last month. Similarly, the price of jet fuel in Kolkata increased 4.65% to ₹1,26,697.08 per Kl. In other key cities of Mumbai and Chennai, jet fuel is now priced at ₹1,10,592.31 and ₹1,22,423.92 per Kl, according to data from the OMCs.
01.10 / 10:03
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Turkey news: Suicide bomber detonates explosive device near Parliament in Ankara, 2 cops hurt
Pakistan: Second suicide bombing reported from Khyber Pakhtunkhwa, death toll surges to 57 There was no immediate information on the assailants. Kurdish and far-left militant groups as well as the Islamic State group have carried out deadly attacks throughout the country in the past. (Exciting news! Mint is now on WhatsApp Channel. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Erdogan was set to speak during the opening of this parliamentary session, which must validate Sweden's entry into the NATO alliance.
01.10 / 10:03
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Gandhi Jayanti 2023: Interesting facts you need know about the Father of the Nation
Time Magazine honour: In 1930, Mahatma Gandhi was honoured with the title of Time Magazine's Man of the Year, becoming the first and only Indian to receive this distinction. Irish accent: Gandhi spoke English with an Irish accent because one of his early teachers was an Irishman. Nobel Peace Prize nominations: Despite being nominated five times for the Nobel Peace Prize, Gandhi never received the award.
01.10 / 10:03
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Oil companies hike jet fuel prices by 5%, commercial LPG prices by over ₹200
₹1,18,199.17 per kilolitre (kl), up 5.14% from ₹1,12,419.33 last month. Similarly, the price of jet fuel in Kolkata increased 4.65% to ₹1,26,697.08 per kl. In Mumbai and Chennai, jet fuel is now priced at ₹1,10,592.31 and ₹1,22,423.92 per kl, respectively, according to data from the OMCs.
01.10 / 09:23
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Department
India needs stronger armed forces to become developed nation by 2047: Rajnath Singh
Defence Minister Rajnath Singh said on Sunday while underlining the need for effective utilisation of financial resources by the three services. Singh made the remarks after launching several digital initiatives of the Defence Accounts Department (DAD) during its 276th annual day celebrations at Delhi Cantonment. Describing the DAD as the «guardian of defence finance», he emphasised the need to bolster the internal vigilance mechanism so that any suspicious activity can be detected and reviewed immediately.
01.10 / 09:23
economy
country
social
Department
IMF team to begin meeting officials in Ukraine
International Monetary Fund will begin holding meetings in Ukraine on Sunday to discuss policy goals and challenges with government officials and others there, the Fund's country representative Vahram Stepanyan said on Sunday. Ukraine's economy has been hit hard since Russia launched a full-scale invasion in February 2022, and the government has relied heavily on Western aid to finance social and humanitarian payments. The IMF said last week its mission had begun its second review of a $15.6 billion multi-year loan program for the country.
01.10 / 09:23
UPS
country
sanitizer
Influencer
PM Modi joined by fitness influencer Ankit Baiyanpuriya in cleanliness exercise
Narendra Modi on Sunday teamed up with fitness influencer Ankit Baiyanpuriya in a cleanliness exercise as part of his call for everyone to undertake sanitation measures for an hour on the eve of Mahatma Gandhi's birth anniversary. «Today, as the nation focuses on Swachhata, Ankit Baiyanpuriya and I did the same! Beyond just cleanliness, we blended fitness and well-being also into the mix.
01.10 / 09:23
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FPIs turn net sellers after 6 months of investment; withdraw Rs 14,767 cr in Sept
net sellers and pulled out of over Rs 14,767 crore from Indian equities in September, primarily due to dollar appreciation, steady rise in the US bond yields, and a spike in crude oil prices. Going forward, the outlook for FPI flows in India is uncertain, as it will depend on the performance of the Indian economy, the RBI's October monetary policy, and the outcome of the September quarter earnings, Mayank Mehra, smallcase, manager and principal partner at Craving Alpha, said. According to data with the depositories, Foreign Portfolio Investors (FPIs) have sold shares to the tune of Rs 14,767 crore in September.
01.10 / 09:23
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PM Modi pitches for blending well-being and health in cleanliness drive, people from across country participate
cleanliness as he led a nationwide cleanliness drive in which thousands of people participated in an hour-long "shramdaan" across the country. Wielding a broom, PM Modi took part in the drive along with fitness influencer Ankit Baiyanpuriya. Sharing a 4-minute video on his official X account, Modi posted, «Today, as the nation focuses on Swachhata, Ankit Baiyanpuriya and I did the same! Beyond just cleanliness, we blended fitness and well-being also into the mix.
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