Country Financial News

«Those who have already received visas are now questioning whether they will be able to travel or not,» said Leverage Edu CEO Akshay Chaturvedi. Till Wednesday evening, around three of the last 100 calls that came into Leverage Edu's office about studies in Canada were about the impact of the India-Canada fallout.

Liberland', a muddy Danube island on the border of Serbia and Croatia. The music — an ode to Friedrich Nietzsche's novel about the doctrine of the 'superman' — played on would-be state radio to celebrate what Liberlanders see as a de facto border deal for their country, founded with a mix of right-wing libertarianism and technology like crypto on the marshy island of Gornja Siga.

Ayushman Bharat beneficiary cards have been made in just four days since the launch of the Ayushman Bhav campaign, Union Health Secretary Sudhansh Pant said on Thursday. He further said that more than 20 lakh ABHA IDs have been generated while footfall of more than 20 lakh have been registered at the Ayushman Bharat-Health and Wellness Centres and Community Health Centres for availing free treatment and screening services, he said. The Ayushman Bhav campaign, launched on September 13 by President Droupadi Murmu, is a comprehensive nationwide healthcare initiative that aims to provide saturation coverage of healthcare services in every village and town in the country. It is being implemented during the 'Seva Pakhwada' (fortnight of service) which began on Prime Minister Narendra Modi's birthday on September 17 and will continue till October 2. The three components of the Ayushman Bhav campaign — Ayushman — Apke Dwar 3.0, Ayushman Melas at Health and Wellness Centres (HWC) and Community Health Clinics (CHC), and Ayushman Sabhas in every village and panchayat — will substantially expedite the access of healthcare services at grassroots level thereby ensuring building of a healthy nation. Through the Ayushman Apke Dwar 3.0 initiative, the government aims to provide Ayushman cards to remaining eligible beneficiaries enrolled under the PM-JAY scheme, ensuring that more individuals have access to essential health services. Ayushman Melas at HWCs and CHCs will facilitate the creation of ABHA IDs (Health IDs) and issuance of Ayushman Bharat cards.

IRDAI has mandated the Committee on Common Empanelment Process of Hospitals and 100% Cashless to submit a report on implementing fully cashless medical-insurance settlement in hospitals across the country. Currently, cashless settlement is available in 49% of the hospitals, numbering around 25,000. Around 400 million medical-insurance policyholders are likely to benefit once the plan is implemented. In the wake of recent clashes between insurance companies and hospitals, IRDAI has been exploring ways to resolve such incidents. According to an order issued by the General Insurance Council (GIC) secretary general Inderjeet Singh dated August 1, the committee will provide weekly updates, with an aim to introduce nationwide cashless settlement by the end of October.

NEW DELHI : India is optimistic that the UN conference on climate change slated to be held in Dubai later this year will bring greater clarity on the “financial pathways" needed in the fight against climate change, according to environment, forest and climate change secretary Leena Nandan. In doing so, it is likely to build upon the declaration adopted at the recent G20 leaders’ summit in New Delhi, she said in an interview ahead of the 28th Conference of the Parties (COP) of the UN Climate Change Conference, to be held from 30 November-12 December. Edited excerpts: What are the key takeaways of your ministry from G20? The environment and climate sustainability working group has taken on very topical issues which are extremely relevant to the interconnected theme of climate and environment.

diplomatic row between India and Canada is unlikely to have any immediate effect on investment relations between the two countries, a top government official said on Thursday. The official said that the Canadian pension funds are getting higher returns in India, and they have investments in the Indian infrastructure sector. «They are here because they are making higher returns here… So I don't see any reason for them to back out because of the current situation, which hopefully we will sort out,» the official said. Those funds can not get such returns anywhere else, the official said, adding «I don't see any impact on Canadian investments into India». «Don't see any immediate impact on Indian investments into Canada also,» the official noted. The comments come in the backdrop of an intense diplomatic row that erupted following Canadian Prime Minister Justin Trudeau's allegations of a «potential» involvement of Indian agents in the killing of a Khalistani separatist in June.

NEW DELHI : Belgium is planning a high level visit from its senior leadership to India early next year, according to persons aware of the matter. The visit is expected to be at the foreign minister or prime minister level. This comes as Belgian firms eye opportunities in India’s burgeoning defence market, on the footsteps of French, Spanish and German defence firms that have stitched up lucrative contracts with India.

Hardeep Singh Nijjar in June this year. In the latest pubic statement, Canadian Prime Minister Justin Trudeau has refused to say what evidence Ottawa as on the murder of the Sikh separatist leader against India.

National Highway Authority of India (NHAI) inaugurated a 244 km stretch of Delhi-Mumbai Expressway between Jhabua of Madhya Pradesh to Modak of Rajashtan, near Jhalawar, on Wednesday i.e September 20, 2023. The new stretch of the expressway is passing through Madhya Pradesh covering several districts in the western region. This new road connectivity for the state passing through Jhabua, Mandsaur and Ratlam districts in Madhya Pradesh, connecting major cities, including Garoth, Jaora, Ratlam, and Thandla will open a direct conduit to New Delhi, the national capital and, Mumbai, the financial capital of the nation, the Times of India reported.

Narendra Modi to share his concerns ‘in no uncertain terms’. “We are a country of the rule of law.

Oil prices rebounded from $1 down to $1 up in trading on Thursday, after a Russian ban on fuel exports snapped focus away from Western economic headwinds and back to throttled crude supply to the end of 2023. Brent futures for November delivery were up $1.02, or 1.09%, to $94.55 a barrel by 1348 GMT. U.S.

Justin Trudeau on Thursday called on the Indian government to cooperate with an official probe into the murder of a Khalistani separatist leader in British Columbia.Trudeau was speaking during a news conference in New York on the sidelines of the United Nations General Assembly. «I think it's extremely important that as a country with a strong and independent justice system. We allow those justice processes to unfold themselves with the utmost integrity.

Adani Group on Thursday bagged two contracts worth Rs 13,888 crore from a state-owned discom to install smart meters. A total of six tenders were awarded by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to install smart meters, of which two have been bagged by the Adani Group, according to an official communique from the discom seen by PTI. The diversified group, which has a sizeable presence in the power sector and had recently won a Rs 1,000 crore contract to install smart meters in the area serviced by BEST Undertaking in Mumbai, will act as an advanced metering infrastructure service provider for smart prepaid metering in MSEDCL, it said. The two zones awarded to Adani include Bhandup, Kalyan and Konkan having 63.44 lakh meters, and Baramati and Pune having 52.45 lakh meters, it said. Letter of Awards have been issued to the successful firms, as per the communique. Officials from Adani Group were not immediately available for comment. The group's transmission arm Adani Energy Solutions, which was earlier known as Adani Transmission, is active in the smart meter segment. According to sources in the know, with these wins, Adani Group will emerge as the largest smart meter supplier in the country, commanding a 30 per cent share of the market.

India, the World Bank member IFC and realty developer Sunteck Realty are partnering to create a joint platform to promote the development of 12,000 housing units with a total investment of up to Rs 750 crore. These houses will be developed across four to six green housing projects within the country’s commercial capital Mumbai Metropolitan Region (MMR). Of the total investment into this joint platform, IFC's proposed investment will be up to Rs 330 crore with the remainder to be brought in by Sunteck Realty. «This investment aligns with our strategy to create more inclusive and equitable cities by backing affordable and eco-friendly housing through partnerships with established companies like Sunteck Realty,” said Wendy Werner, IFC Country Head, India. According to him, it also supports the government of India's 'Housing for All' initiative, delivering essential societal benefits including shelter, safety, job opportunities, wealth generation, and enhanced credit access. »We are pleased to collaborate with IFC in our shared goal of addressing the housing shortage in India. Our wide range of offerings provide high quality amenities and enhanced lifestyle for all the segments of the population,” said Kamal Khetan, CMD, Sunteck Realty. According to Khetan, this strategic partnership demonstrates the company's capability to develop high quality large-scale housing projects in the MMR and aligns with its vision of sustainable and green housing solutions. With a population exceeding 2.2 crore, the Mumbai region is India's largest and most active housing market, grappling with a significant housing deficit.

The Ministry of Information and Broadcasting issued a sharp reminder for media platforms on Thursday amid the ongoing India-Canada diplomatic crisis. The announcement came mere hours after India announced the temporary suspension of visas for Canadian citizens in view of "security threats" faced by its high commission and consulates in the other country.

climate change already wreaking havoc on poor and rich countries alike, unlocking this largely untapped pool of capital has become an urgent priority. Yet, as matters stand, many investors associate climate-centric investments with ‘social impact’ and reduced profitability. While sophisticated investors have the means to deploy their capital profitably toward decarbonization, the energy transition and other climate-related sectors, such investments tend to be illiquid.

L'Oreal on Thursday announced its entry into the Indian dermocosmetic market and said it has introduced L'Oreal Dermatological Beauty (LDB) in the country. LDB, a new division for the Indian market will bring products to dermatologists, patients, and consumers, a company statement said. It will start its journey in India with CeraVe, a leading dermatologist-recommended skincare brand in the US market.L'Oreal India Managing Director Aseem Kaushik said the entry is significant for India where the ratio of dermatologists to consumers is one of the lowest in the world (0.7 dermatologists for every 1,000 people). «We believe everyone deserves access to expert dermatological care and effective skincare solutions.

Hardeep Singh Nijjar, has led India to temporarily suspend issuing visas to Canadian citizens. The ministry of external affairs citied security threat in taking the step. Spokesperson for External Affairs Ministry Arindam Bagchi on Thursday said the decision will include Canadian visa applicants in third countries even as he asserted Canada must act against the pro-Khalistani elements operating from its territory.

Reuters reports Tuesday, citing unnamed sources, that Tesla (NASDAQ:TSLA) has formulated strategies to produce and market battery storage systems in India. According to sources familiar with the matter, the electric automaker has also submitted a proposal to government authorities in an effort to secure incentives for the construction of a factory, all part of Elon Musk's ongoing efforts to establish a presence in the country.

By Anna Pruchnicka

Canadian Prime Minister Justin Trudeau, during his G-20 visit to India, refused to stay in the pre-arranged presidential suite in The Lalit Hotel. Several media reports have cited sources in the security arrangement of India during recently concluded G-20 Summit, saying that Trudeau and his delegation stayed in normal rooms in The Lalit Hotel in national capital Delhi. The Canadian Prime Minister stayed in a normal room at the hotel during his stay in India.