Country Financial News

RBI) can spend up to $30 billion from the over $594 billion of forex reserves to defend the domestic currency and even though the country will be left sufficient reserves to take care of import bills for next ten months, reported PTI. The German brokerage said the Indian rupee is trading close to around ₹83.30, its all-time high against the US dollar, and the Reserve Bank is actively intervening in the forex market to curtail volatilities.

Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. Canadian Prime Minister Justin Trudeau accused the Indian government of a role in the murder of a Canada-based Khalistani leader earlier this year. The Sensex snapped an 11-day winning streak amid a weakness in global markets, with crude oil prices nearing $100 a barrel.

TVS Racing Electric One Make Championship is set to make its debut during the 4th round of the Indian National Motorcycle Road Racing Championship (INMRC). In the inaugural round of the championship, eight carefully selected riders will take to the track, piloting the specially designed TVS Apache RTE race motorcycles created exclusively for this event. Regarding the motorcycles, TVS asserts that the Apache RTE is poised to establish a new standard for electric racing within India.

IndiGo and British Airways have signed a codeshare agreement to further boost connections between India and the UK. The two airlines announced their codeshare agreement on Thursday. Through this partnership British Airways will add its code onto a couple of destinations across IndiGo’s network that would allow customers to enjoy improved connectivity between India and the UK for travel from October 12, the airline said. Abhijit Dasgupta, senior vice president – Network Planning and Revenue Management, IndiGo, said, “We are excited to announce our codeshare agreement with British Airways.

India, September 21, 2023: VK Packwell, India and China's ONLY patent-holding ISI mark water carrying flexible-foldable pipes manufacturing company, and India's sole patent-holding ISI mark drip, sprinkler, and micro-irrigation with flexible-foldable pipe manufacturing company, is making waves in the agricultural sector. With a commitment to serving farmers, VK Packwell has already impacted the lives of more than 71,00,000 farmers and counting. One of the most remarkable aspects of VK Packwell's offerings is their affordability.

The funds raised will be used to expand the platform’s product offerings for travellers, attract customers, and further strengthen the team through talent acquisition. Atlys had previously raised a USD 5 million seed round in 2021.The world is rapidly moving towards e-visas. Over 60% of countries have already adopted e-visas, and more have announced their plans to move to e-visas in the near future.

Khalistani terrorist Hardeep Singh Nijjhar's death in June. MEA spokesperson Bagchi accused the Canadian government of being prejudiced in dealing with the matter. The Ministry of External Affairs said Canada did not share any specific information with India on the Hardeep Singh Nijjar case.

ANI quoted, "Yes, we've informed the Govt of Canada that there should be parity in strength in our mutual diplomatic presence. Their number is very much higher than ours in Canada... I assume there will be a reduction from the Canadian side." Adding more, Bagchi said, "Yes, I do think there is a degree of prejudice here.

Congress MP Shashi Tharoor on Thursday said the watershed moment of India landing a spacecraft on the Moon was the culmination of the efforts put in by all governments over the past six decades, starting from the days of Jawaharlal Nehru. Twenty per cent of the key personnel in ISRO are women and they did not need reservation to be in the field of science and technology, he said, referring to the women's reservation bill passed by the Lok Sabha on Wednesday. His comments in the Lok Sabha evoked a sharp reaction from Union Minister of State for Commerce and Industry Anupriya Patel who said that even the Congress supported the women's reservation bill. Tharoor sought to calm the minister, saying that he did not mean any disrespect to any woman.

Inter Miami won 4-0 even without their talisman leader. Messi was laboring with what appeared to be a leg issue. Inter Miami coach Gerardo «Tata» Martino said after the game that the Argentine star will miss Sunday's game at Orlando. «He had an old injury that had been bothering him,» Martino said, as relayed through a team official who translated his remarks from Spanish to English, as per an AP report. It was the second big injury blow for Inter Miami on Wednesday. Jordi Alba — another celebrated midseason addition — had to leave in the 34th minute, shortly before Messi's night was over. Alba will not play Sunday, either.

India and Canada, ShiromAkali Dal President and MP Sukhbir Singh Badal on Thursday appealed to the Central Government to establish a good relationship with Canada soon to avoid 'increasing panic' among the citizens living there. Badal also met with Union Home Minister Amit Shah in New Delhi and requested him to 'find a solution' over the matter soon. «Keeping the whole situation in mind, I request the government of India and the government of Canada, especially the government of India that it needs to be settled as soon as possible because more delay means more tension and panic,» Badal said while talking to the reporters after meeting with Shah. He further said that a panic-like situation is developing among the people living in Canada due to the recent developments between both countries. «The current situation between India and Canada is now affecting the people of Indian origin living in Canada...A panic-like situation is developing among the people. The government of India should find a solution soon.

Congress general secretary Priyanka Gandhi Vadra on Thursday said the sentiments of people were being used for political motives and they were being misled in the name of religion and caste as part of a conspiracy to ensure they don't ask basic questions. Addressing the 'Mahila Samridhi Sammelan' organised by the Bhupesh Baghel government in Bhilai, she attacked the Narendra Modi dispensation at the Centre for not talking about unemployment and price rise even as «industrialist friends» were making Rs 1,600 crore per day. Recalling a childhood experience, Gandhi said she and her father Rajiv Gandhi were visiting his constituency and the then PM, who was driving their vehicle, got down to talk to people. «A woman started shouting at my father complaining about the poor condition of roads.

Moon still have manual scavenging, Congress MP Karti Chidambaram said on Thursday as he participated in a debate on the success of Chandrayaan-3 mission, adding that it is important to maintain scientific temper in the country. The Congress MP said people often confuse between faith and spiritualism, and while spiritualism and science can be questioned, faith cannot be questioned. «It is very important we maintain scientific temper of India which has been showcased by ISRO,» he said. He also said it is «baffling» that while India is landing on the Moon, the country still has issues such as manual scavenging and potholes. «It is actually baffling...how can we as a nation are able to land in the unchartered part of the Moon and still have manual scavenging at the same time?» he said. «How can we be launching satellites for everybody else but can't manage roads in monsoon.

Mayor described the rich history between India and the coastal city as «inspiring», and ongoing collaborations between them as holding a great «future ahead». Addressing a gathering of about two hundred people assembled to show respect to the Indian soldiers, Mayor Dr Einat Kalisch-Rotem said that he sees India as a very important partner in the big plans for the city of Haifa. «The rich history between India and Haifa is inspiring and very significant for both of us. This is one of the strongest links (the story of the liberation of the city) between us, in the past, but also for our future,» Kalisch-Rotem said. «We have a lot to do with the port of Haifa.

This registration will allow eToro to offer regulated crypto services to all EU countries on a cross-border basis from one single entity, once the EU’s Markets in Crypto-Assets Regulation (MiCA) comes into effect.

Rishi Sunak on Thursday defended his shift in climate action policy as a «pragmatic and realistic approach» towards delivering the country's Net Zero target, amid criticism over proposed delays in certain measures. A day after his speech set out a pushback of petrol and diesel car ban and other cost-intensive measures to reduce the country's carbon emissions, Sunak fought back suggestions that he was filtering down the UK's climate commitments. Amid criticism from within his own party and also from Opposition and industry, he stressed that his updated approach was designed to protect «hard-pressed British families» from «unacceptable costs». «We're very confident — being in government, with all the information at our disposal — that we are on track to hit all our targets,» Sunak told the BBC in an interview. «We're absolutely not slowing down efforts to combat climate change.

non-tariff measures (NTM) including the Carbon Border Adjustment Mechanism (CBAM). Some of the recent regulations that can prove to be NTMs include the EU’s CBAM and Deforestation-free Regulation (EUDR), and the United States’ Inflation Reduction Act, it said.

India's sugar production is expected to improve due to good rains in September, the country's food secretary said on Thursday, adding the government would ask mills to sell extra stocks of sugar in local markets to cool prices. «There's no shortage of sugar because production will be higher than our own consumption,» Sanjeev Chopra, the food secretary, said.

ALSO READ: NEET PG 2023: Health ministry reduces cut-off to zero across all categories Opposing the government's decision, Stalin wrote on X, "By reducing the NEET PG cut-off to 'zero', they are accepting that 'eligibility' in National 'Eligibility' Cum Entrance Test is meaningless. It's just about coaching centers and paying for the exam.

Personal Finance rule changes from 1 October 2023: The deadline for adding nominees for mutual fund folios, demat, and trading accounts is 30 September 2023. New TCS rule on overseas expenses to come into effect from next month. This could also be the last month for exchanging ₹2,000 notes.

The Canadian High Commission and consulates in India remain open in spite of a brewing diplomatic crisis. Visa services for Canadian nationals have however been suspended and both countries warned citizens against travelling at this time.