Country Financial News

Sri Lanka's government has deployed army troops at railroad stations as railway employees continued with their strike

The famous stopwatch will still announce the show as “60 Minutes.”

Stocks are churning in place on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected

Mykhailo Podolyak has kicked up a controversy by saying India and China have “weak intellectual potential” and that they “do not analyse the consequences” of their actions. The comments, coming days after the G20 summit hosted by India, may dent bilateral ties which are currently are limited in nature. «What’s wrong with India, China, and so forth. The problem is that they are not analysing the consequences of their steps, these countries have weak intellectual potential, unfortunately,” Podolyak said in an interview to Ukrainian media on Tuesday. “Yes, they invest in science.

Tesla is looking to nearly double the value of components it sources from the country in the ongoing financial year, ahead of its much-awaited foray into the Indian market. Minister for commerce & industry Piyush Goyal said Tesla was looking to source $1.7-1.9 billion worth of auto parts from India this year, up from $ 1 billion in FY23. “Tesla already last year bought $1 billion of components I think…this year the target is $1.7 or 1.9 billion”, Goyal said at the 63rd Annual Convention of Automotive Component Manufacturers’ Association (ACMA). Goyal added going forward there will be a natural shift to electrification in the automobile industry driven by an economic story.

leadership of PM Modi. Defence Minister Rajnath Singh moved a resolution congratulating the prime minister on behalf of the entire country for the success of the summit.

Vladimir Putin has welcomed the India-Middle East-Europe connectivity initiative, emphasising its logistical advantages. Putin said the project would complement the International North-South Transport Corridor (INSTC), which would, in turn, benefit Moscow. “I believe that this will only benefit us. I believe that this will only help us develop logistics,” Putin said in his address to the Eastern Economic Forum in Vladivostok on Tuesday. The Russian president said the India-Middle East-Europe connectivity project would help his country develop logistics and added that the project had been under discussion for several years. Putin, however, chided the US over its participation.

Indian seafarers in polar and arctic waters in this far eastern Russian port as the two sides discussed ways to widen maritime cooperation including possibility of usage of new transport corridors like the Northern Sea Route as well as the Eastern Maritime Corridor. Discussions on the maritime cooperation took place between visiting Union Ports, Shipping and Waters Minister Sarbananda Sonowal and Minister of the Russian Federation for the Development of the Far East and the Arctic A O Chekunkov here, according to an official statement. During the meeting, both the leaders discussed wide range of items of maritime communication between India and Russia to widen maritime cooperation including possibility of usage of new transport corridors like the Northern Sea Route (NSR) as well as the Eastern Maritime Corridor (EMC) between Vladivostok and Chennai. The two sides also agreed to train Indian seafarers in Polar and Arctic waters at the Russian Maritime Training Institute, named after GI Admiral Nevelsky, which is equipped with simulator training facilities, in Vladivostok, the statement said. Speaking on the occasion, Sonowal said the relationship between Russia and India has deep historical roots and is based on mutual respect and shared interests. «We remain committed to maintaining strong ties and fostering strategic cooperation across various sectors.

Investing.com — U.S. crude oil stockpiles jumped nearly 4 million barrels in the just-ended week, the first surge in five weeks, and fuel inventories rose by as much or more, indicating lower demand as the peak summer driving season drew to a close, the government reported on Wednesday.

New Delhi: Meta Platforms-owned instant messaging service WhatsApp has announced the launch of WhatsApp Channels in India and over 150 countries. These will deliver private updates from organizations, sports teams, artists, and thought leaders that people can follow. WhatsApp Channels are a one-way broadcast tool within the app, the company said in a statement.

Pakistan government fears an oil crisis as retail outlets of some oil marketing companies (OMCs) were reportedly found dry at a few locations in the country, The Express Tribune newspaper reported. The Express Tribune is an English-language newspaper in Pakistan. The country's Petroleum Division called upon the Oil and Gas Regulatory Authority (Ogra) chairman to take regulatory action against those companies operating dry retail outlets. Oil Director General Imran Ahmed in a letter dated September 12, informed the Ogra chairman that the energy minister had taken serious notice of the development, and directed that the regulatory authority may mobilize its enforcement team to ensure that all OMCs keep their retail outlets wet and well-supplied with the petroleum products. Referring to the Ogra/Oil Companies Advisory Council (OCAC) daily reports, the DG oil's letter also highlighted that the country currently possessed sufficient stocks of petrol (MS) and high-speed diesel (HSD), stressing that any attempt to hoard petroleum products must be strongly discouraged and curbed, as per The Express Tribune. The letter emphasized that regulatory action may be taken against any OMC maintaining stocks lower than the mandatory requirement to stave off any potential countrywide shortage of petroleum products. The DG Oil also forwarded the critical directive to the OCAC secretary general and the Oil Marketing Association of Pakistan (OMAP) chairman. Due to the expected hike in oil prices, some of the petrol pumps in a bid to gain more inventory benefits, at the end of every fortnight, are used to the practice of seeking additional quantity of petroleum products when the oil prices are estimated to go up, as per the Express Tribue.

Sarbananda Sonowal is representing India at the Eastern Economic Forum which is being held at the Russian port city of Vladivostok aiming to push Eastern Maritime Corridor between the two countries. The Shipping Minister will also be speaking at the session on Eastern Maritime Corridor, while also meeting senior ministers of Russian Federation on possibilities to further strengthen the bilateral relation between the two countries, including exploring possibilities of the Northern Sea Route and establishing a Trans Shipment Hub in the Bay of Bengal. The Corridor is aimed at reducing cargo transit times between our nations. The journey from Indian ports to the Russian Far East takes just 24 days, compared to 30 days through the port of Novorossiysk.

GREAT Scholarship is given to individuals who want to pursue higher studies in the UK. More than 200 scholarships are awarded every year. A minimum amount of £10,000 is given to candidates chosen. Individuals who come from India, China, Malaysia, Thailand, Indonesia, and Turkey are eligible for this scholarship. The chosen postgraduate program should begin in September. Indians are given the most number of scholarships. The scholarship covers the full tuition fees for one-year postgraduate programs or the tuition fee for the first year of master’s degree programs with a duration of two years.Eligibility

UFOs and aliens have been a subject of study and research for years and now Mexico government has allowed scientists led by journalist and ufologist Jaime Maussan to unveil alleged alien bodies or corpses in the country's Congress in Mexico City. These were small «non-human» bodies and believed to be discovered in Cusco, Peru. Scientists believe that these are millennium-old mummified specimens.

The U.S. lags 19 other countries on retirement security — putting it just behind Belgium and ahead of South Korea — despite recent initiatives designed to help expand plan access and encourage workers to save more.

Khurrana was chosen to be amongst 100 Most Influential People of the World by the US-based publication in 2020. «This is the second time that the prestigious TIME Magazine has chosen to recognise the work that I do on camera as well as off it. I'm proud as well as humbled with this honour from TIME Magazine because it validates my core belief system as an artiste and a human being trying to affect positive social change. »I'm deeply grateful to TIME Magazine for bestowing me with the TIME100 Impact honour this year.

Apple has refreshed its iPhone line-up with the launch of the iPhone 15 series, including the iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max. These phones will be available in India and 40 more countries starting September 22. Sources familiar with the matter said that Apple will make India-built iPhone 15 units available to Indian customers and customers in “some other regions” on the first day of sales.

renewable energy of India and the Ministry of Energy of Saudi Arabia – MoC (Memorandum of Cooperation) between the Ministry of Communication and IT of Saudi Arabia and MEITY of India in the field of Digitization and Electronic Manufacturing – MoU between the CVC of India and the Saudi Oversight and Anti-Corruption Authority – MoC between the National Archives of India and King Abdulaziz Foundation of Saudi Arabia in the area of archival cooperation – Framework of Cooperation on Enhancing Bilateral Investment between Invest India and the Ministry of Investment of Saudi Arabia – MoU between Saudi EXIM Bank and EXIM Bank of India – MoU for Cooperation in the Technical Field & Establishment of the Small and Medium Enterprises Bank between SIDBI and SME Bank of Saudi Arabia – MoU on Seawater Desalination between National Institute of Technology of India and Saline Water Conversion Corporation of Saudi Arabia There were also more than a dozen MoUs between private companies facilitated by Invest India and the Ministry of Investment of Saudi Arabia. Additionally, both the countries plan to channel $100 billion in investments pledged by the Saudi Prince in 2019.

Singapore's outgoing President Halimah Yacob on Wednesday extended her best wishes to the Indian-origin President-elect, Tharman Shanmugaratnam, in her final speech as the holder of the city-state's highest but non-political post. Singapore-born economist Tharman will be sworn in as the ninth president of the city-state on Thursday, days after he was overwhelmingly elected as the ninth head of state of the country. The 66-year-old President-elect won 70.4 per cent of the 2.48 million ballots cast by voters on September 1, while his Chinese-origin rivals Ng Kok Song and Tan Kin Lian received 15.72 per cent and 13.88 per cent respectively. Wednesday marked the end of 69-year-old Halimah's six-year term as president. «Tomorrow, a new president will be sworn in,» she said at her farewell reception at the Istana (Presidential Palace), according to Channel News Asia. «I wish Mr Tharman Shanmugaratnam all the best in discharging his duties,» she added. Halimah, also Singapore's first female president, said she was humbled that the people of Singapore had placed their trust and faith in her as their president. She added that this unwavering support fuelled her determination to serve every day of her six-year term. Retrospectively, Halimah said she had a good relationship with the government.

Mamata Banerjee was asked by Sri Lanka's President Ranil Wickremesinghe if she would be leading the Opposition INDIA bloc, upon a chance meeting at Dubai Airport. CM Banerjee who met Wickremesinghe at the Dubai airport was also amused by the question. The Trinamool Congress (TMC) Supremo who has embarked on a tour to Dubai and Spain, replied to President Wickremesinghe, “If people support us, we can be in a position (power) tomorrow".

renewable energy to power this manufacture. This aligns squarely with India’s aspirations to become a pivotal hub in the green hydrogen ecosystem, making it one of the few nations to set a concrete benchmark in this emerging sector.