Country Financial News

International Trade Show 2023 will take place from 21 to 25 September at the India Expo Centre and Mart in Greater Noida. More than 2,000 exhibitors will showcase their products to entrepreneurs and exporters from the country and around the world. The products will cover diverse sectors, namely ODOP (one district one product), healthcare, food processing, pharma, dairy, electronics and e-commerce.

Nvidia Corp. Chief Executive Officer Jensen Huang visited four cities, dined with tech executives and researchers, took numerous selfies, and sat for a one-on-one conversation with Prime Minister Narendra Modi about the AI sector. Huang’s India itinerary was so crammed that he confessed to surviving entire work days on spicy masala omelets and cold coffees. Huang may have been treated like a head of state, but the trip’s purpose was all business. For Nvidia, whose graphics processors are vital to the development of artificial intelligence systems, the South Asian nation of 1.4 billion people presents a rare opportunity.

traveling to Canada. “Canada is a safe country", said Canadian public safety minister Dominic Leblanc as quoted by Reuters. The Ministry of External Affairs, in an official statement, said, “In view of growing anti-India activities and politically condoned hate crimes and criminal violence in Canada, all Indian nationals there and those contemplating travel are urged to exercise utmost caution." “Recently, threats have particularly targeted Indian diplomats and sections of the Indian community who oppose the anti-India agenda.

₹280 to ₹300 per equity share of face value of ₹10. Updater Services IPO floor price is 28 times the face value of the equity shares and the cap price is 30 times the face value of the equity shares.

coronavirus cases. HHS Secretary Xavier Becerra said, "Biden-Harris Administration, in partnership with domestic manufacturers, has made great strides in addressing vulnerabilities in the US supply chain by reducing our reliance on overseas manufacturing." This highlights President Joe Biden's endeavour to strike political balance.

Khalistani terrorists by announcing cash rewards for information leading to the arrest of five Babbar Khalsa International (BKI) operatives, including Harwinder Singh Sandhu alias "Rinda" and Lakhbir Singh Sandhu alias "Landa". The federal agency announced a cash reward of ₹10 lakh each for Rinda and Landa and ₹5 lakh each for Parminder Singh Kaira alias “Pattu", Satnam Singh alias “Satbir Singh" alias “Satta" and Yadvinder Singh alias “Yadda". The NIA's announcement came a day after PM Justin Trudeau made a bombshell statement on Tuesday accusing the Indian government agency of killing Khalistani terrorist Hardeep Singh Nijjar in June this year.

Prime Minister Rishi Sunak says he’s delaying by five years a ban on new gas and diesel cars that had been due to take effect in 2030

Vivek Ramaswamy on Thursday will unveil his plan on how the US will «declare independence from China.» The details regarding the event mentioned on Ramaswamy's official website read, «Political outsider and presidential candidate Vivek Ramaswamy will offer unprecedented detail on how the United States will declare independence from Communist China in a speech on Thursday, September 21.» In an address that he will deliver in Ohio's Columbus on Thursday, Ramaswamy said he will «delineate the heretofore-unexamined connection between the rise of 'stakeholder capitalism' in the West and China's use of that trend to achieve economic parity with the US by failing to adopt the constraints that multinational institutions apply to the US», Fox News reported citing a preview of his speech. Further, the preview of his policy speech also includes the use of forced data and technology transfers and even «pro-CCP US lobbying as a condition» to acquire licenses to do business in China, including but not limited to applying constraints in the US while not being able to apply such caps in Beijing. Ramaswamy will speak about what he terms a «pro-trade approach to sensibly decoupling from China» and «knocked conservatives» who do not support a «trade-led agenda» and call it «unserious.» He will call for declaring independence from the climate agenda of the US and «declare independence from China» abroad. He will emphasise that the climate agenda has nothing to do with climate and has everything to do with «allowing Beijing to catch up to the US». The preview of the speech reads further, «Electric vehicle agenda worsens dependence on China for rare earth minerals and mineral refining capacity: when U.S.

Australia (a close ally of Canada) Penny Wong has stated that the Albanese government is deeply concerned by allegations that India was behind the murder of a Sikh man in Canada. However, she downplayed that India would meddle in Australia's internal affairs. Speaking at the United Nations headquarters in New York on Wednesday, Wong said the Australian government had raised the issue with its Indian counterparts and would continue to monitor the situation closely.

Trump also promised to expand on a travel ban that barred people from several countries with majority Muslim populations during his 2017-2021 presidency. Calling record illegal U.S.-Mexico border crossings under President Joe Biden an "invasion," Trump sought to place blame for the problem on the current administration. Biden, a Democrat, is running for re-election and could have a rematch election against the Republican front-runner Trump.

Hardeep Singh Nijjar on June 19 in Surrey, Vancouver, seeking evidence from Ottawa, offering to cooperate in the investigation, and briefing its key allies about both the emptiness of Trudeau’s charge and Canada’s tolerance and encouragement of terrorists and separatists working against India and Indian interests. According to several senior officials, the response, across several dimensions, follows a meeting of top foreign ministry and national security officials in the new Parliament building on Wednesday morning.

UN Security Council meeting on Moscow's invasion of his country when Russian Ambassador Vassily Nebenzia objected to him taking the floor at the start of the meeting, according to Reuters reports. Albanian Prime Minister Edi Rama responded with a gibe at Moscow, which has long said the invasion does not amount to war but was a mere "special military operation". "I want to assure our Russian colleagues and everyone here that this is not a special operation by the Albanian presidency," Rama, known for a piercing sense of humor, said to muted laughter across the room, Reuters reported.

Reclusive online gambling mogul Martin Moshal is playing an increasingly influential role in a push to oust the South African government.

By Daphne Psaledakis and Humeyra Pamuk

Prime Minister Rishi Sunak is preparing to water down some of Britain’s environmental commitments, saying the country must fight climate change without penalizing workers and consumers

Incubate Fund Asia, a sector-agnostic and Japan-origin venture capital firm, on Wednesday announced the first close of its third fund, which has a target corpus of $50 million (Rs 416 crore). The Singapore-based fund also said it is rebranding itself as Incubate Fund Asia. Previously, as Incubate Fund India, it only backed domestic startups such as Captain Fresh, Yulu, ShopKirana and Plum from its first two funds since 2016. It has backed 27 companies so far.

Atlys on Wednesday said it has raised $12 million in a Series A funding round led by Elevation Capital and Peak XV Partners, formerly Sequoia Capital India. The round also saw participation from existing investors Andreessen Horowitz (a16z), musical duo Chainsmokers, South Park Commons, Pinterest Founders, among other investors, as per a statement.

By Lucy Craymer

By Kylie Madry

By Svea Herbst-Bayliss and Lananh Nguyen

Airbnb says it's cracking down on fake listings, which are emerging as a major problem for customers of the short-term rental site