Country Financial News
12.09 / 08:59
Manufacturing
Apple
country
Time
Apple to offer Made-In-India iPhone on launch day for first time: Report
made in India. Apple Inc plans to make iPhone 15, manufactured in India, available in the South Asian country, reported Bloomberg citing sources. (This is a breaking, refresh for updates)
12.09 / 08:59
COST
UPS
Manufacturing
Intel
country
world economy
Subsidies and protection for manufacturing will harm the world economy
climate change, enhancing national security and correcting for four decades of globalisation during which workers suffered and growth slowed. In the emerging world, governments hope that subsidies can secure a foothold in supply chains as worried Westerners move production out of China. The sums being spent are vast, and growing.
12.09 / 08:43
UPS
Provident
Target
Manufacturing
performer
country
Hindalco, Italy's Metra in tech partnership to build aluminium rail coaches
Hindalco Industries Limited on Tuesday said it has signed a technology partnership with Italy-based Metra SpA, to bring latest aluminium extrusion technology to India for building rail coaches. The company will set up an extrusion press in the country as part of the ₹2,000 crore investment that Kumar Mangalam Birla, chairman of the company, had announced during the company’s 64th annual general meeting (AGM) last month. “We are even more excited to partner Indian railways and the passenger coach manufacturing ecosystem for the ambitious high-speed Vande Bharat trains.
12.09 / 08:41
Target
Remark
DAL
country
BJP fires fresh salvo at opposition over Sanatan Dharma row
BJP on Tuesday accused the INDIA bloc of having a hidden agenda to attack Sanatan Dharma for its vote bank politics as it questioned the «silence» of opposition leaders amid frequent critical remarks by DMK leaders about the ancient faith.
12.09 / 08:17
UPS
IPO
Provident
country
services
Updater Services gets Sebi nod to raise funds via IPO
₹400 crore and an offer for sale (OFS) of up to 1.33 crore shares by a promoter and existing shareholders. Promoter Tangi Facility Solutions Private Ltd. will offload 66.5 lakh shares in the IPO and two private equity funds, India Business Excellence Fund-II and India Business Excellence Fund–IIA, will sell 13.3 lakh and 53.2 lakh shares, respectively.
12.09 / 08:05
12.09 / 07:45
Reuters
Cooper
SUN
country
cover
social
trudeau
Canadian PM Justin Trudeau faces backlash at home over disgraceful reception at G20 Leaders Summit in Delhi
Narendra Modi, Canadian PM Justin Trudeau is now encountering backlash in his home country over his treatment at the G20 Leaders Summit in New Delhi. PM Modi did not post any “welcome note" for Trudeau as he did for other leaders after the Canadian PM landed in India.
12.09 / 07:45
country
star
social
Indian
Indian Air Force refuels Egyptian Rafale fighters as part of Exercise Bright Star-23
Indian Air Force (IAF) IL-78 tanker refuelled Mig 29 M and Rafale fighter aircraft of the Egyptian Air Force as part of the Exercise Bright Star-23, Indian Air Force said on Tuesday. The IAF Mig 29 UPG was also seen as part of the mission. «Interoperability in the Egyptian skies! An IL-78 tanker of the Indian Air Force refuels Mig 29 M and Rafale fighters of the Egyptian Air Force as part of Ex Bright Star 23. IAF Mig 29 UPG also seen as part of this mission,» the Indian Air Force said. Yesterday, the IAF highlighted that Exercise Bright Star-23 has moved to its last phase. The last phase will involve assets of all participating forces and follow a build-up to more complex joint missions. Taking to their social media 'X', the Indian Air Force stated, «Exercise #BrightStar 23 moves on to its culmination phase.
12.09 / 07:45
FIVE
Platform
COMPOSITE
Align
country
Latin
reform
Mint Explainer: How is India pushing to reform the UN Security Council?
United Nations Security Council (UNSC). Among other things, India has called for the expansion of the permanent membership of the body, which currently includes only five countries. The reform of international institutions also featured prominently in deliberations at the G20.
12.09 / 07:13
Manufacturing
Mobile
FLEX
Celebrity
country
social
concert
Developing sustainable mobility ecosystem in harmony with environment need of the hour: PM
Amrit Kaal'. In his message to the annual convention of the Society of Indian Automobile Manufacturers (SIAM), Modi acknowledged the role of the auto industry in the country's growth. «In today's India, mobility in its various forms is a key driver of growth.
12.09 / 07:03
COST
UPS
Lowe's
Gap
NMC
country
How to avoid a green-metals crunch
lithium six- to seven-fold. All told, a carbon-neutral world in 2050 will require 35m tonnes of green metals a year, predicts the International Energy Agency, an official forecaster. Adding aluminium and steel to the mix, the ETC forecasts that demand between now and then will hit 6.5bn tonnes.
12.09 / 07:03
UPS
Lowe's
Aviat
country
IOCL, BPCL, HPCL's gross refining margins to remain in the range of $9 to $10 bbl: CareEdge
crude oil production by 10 lakh barrels until December 2023. "In this backdrop, Indian refiners which are the key beneficiaries of cheaper Russian crude should still be able to clock GRMs of around $9-10/bbl in FY24 as the likely decline in their margins on processing Brent crude is expected to be offset by the significant expansion in margins on processing Russian crude which can even balance out the potential decline in supply of Russian crude in the near term. Also, with the onset of winter in Western countries, cracks for refined products are expected to improve from the existing levels, further helping the GRMs of Indian refiners," said CareEdge Ratings in its report.
12.09 / 07:03
country
Additional 10% GST 'pollution tax' maybe considered on diesel-run vehicles and generators, if.....: Nitin Gadkari
India's Road Transport Minister Nitin Gadkari on Tuesday pushed for green fuels, requesting people to shift away from polluting fuels like petrol, diesel. He further added in case, there continues to be excessive usage of diesel-run vehicles and generators, then he might consider proposing an additional 10% tax on them as ‘pollution tax’ The minister added he will make this proposal to the finance minister later in the day.
12.09 / 06:55
UPS
Citi
Manufacturing
country
‘Will increase tax so much you’ll find it difficult to sell’, Gadkari says as he proposes 10% tax on diesel vehicles
GST on diesel engine vehicles, a move aimed at boosting climate-friendly vehicles in one of the most polluted countries. Calling it a 'pollution tax', Nitin Gadkari at the 63rd SIAM Annual Convention said it is the only way to reduce the usage of diesel vehicles in the country. «Request industry to reduce production of diesel vehicles else imposing additional tax will be necessary,» Gadkari said. “I would urge you to reduce production of diesel vehicles.
12.09 / 06:55
COST
UPS
Siemens
Manufacturing
Strategy
Metro
country
Time
For the first time, railways are having a strategy and a cohesive implementation plan: Sunil Mathur, Siemens
«No, I do not think we peaked at all. When you look at capex particularly in infrastructure, infrastructure will go on for the next couple of years,» says Sunil Mathur, MD & CEO,Siemens India.How would you view the current situation in India?There is a lot of interest in manufacturing. A lot of fresh capacity is coming up. Companies are looking at diversification. India is definitely a good place to be in and we see things happening. We see real traction on the ground. So, I believe it is not just a vision, that vision is slowly getting realised and that is what makes it so exciting.
12.09 / 06:55
Art
BURST
Celebrity
country
Florida county recognises November as Hindu Heritage Month
Florida has recognised November as Hindu Heritage Month. Broward County joins a list of states from across the country, including Georgia, Texas, Ohio, Massachusetts, Minnesota, Virginia, etc, to commemorate Hindu heritage, culture, values, and traditions. November is a significant month for Hindus as they celebrate the festival of lights, Diwali, which falls on the 12th of the month this year. Stating that millions of Americans celebrate the festival every year, including those in the county, the recent resolution called Diwali a «time of peace, joy and new beginnings where people of all ages, especially young children, light oil lamps, burst fireworks and distribute sweets». Welcoming the move, CoHNA (Coalition of Hindus of North America), a Hindu advocacy group in the US, said on Tuesday: «The Resolution also acknowledges Hinduism as one of the world's largest and oldest religions, along with its diverse traditions, collectively known as Sanatana Dharma, with core values of acceptance, mutual respect, freedom and peace.» The resolution also acknowledged the community's contributions towards yoga, ayurveda, meditation, food, music, arts, etc has enriched the cultural fabric and have been widely adopted in American society. It highlighted that the Hindu philosophy of Vedanta and ideals such as selfless service, non-violence, etc have inspired many American intellectuals and leaders, from Martin Luther King, Jr, John D. Rockefeller, Henry David Thoreau, to Aldous Huxley, and many others.
12.09 / 06:50
UPS
Provident
Target
MET
CEO
country
Power
How WA’s regional power provider thinks it can help East Java
Remote communities of East Java present a unique opportunity for Western Australia’s regional power provider, according to its chief executive, who says technology used to deliver electricity to outback communities can be rolled out in Indonesia.
12.09 / 06:35
Remark
stage
country
Rahul Gandhi wore sacred thread while visiting Kailash but ate meat, has no understanding of religion: VK Singh
Rahul Gandhi over his comment on Hindutva, Union Minister and former Army Chief VK Singh said that «Rahul is one of those people who have no understanding of religion.» Responding to comments made by Congress leader Rahul Gandhi about Hindutva, Singh remarked, «What can be said about a person who wears pants and shirts in India and kurta-pyjama when he travels abroad? Before embarking on the Kailash Mansarovar pilgrimage, he put on the sacred thread, visited the temple, rang the bell, and ate meat. Nothing can be said for him in these circumstances.
12.09 / 06:35
Citi
FIVE
Aware
CEO
Platform
Remark
country
safe
Pee Safe raises $3 million in a Series B funding round led by Natco Pharma and Rainmatter Health
Pee Safe, a hygiene and wellness brand has raised $3 million in a Series B funding round led by Natco Pharma Limited, and Rainmatter Health. Nithin Kamath and Nikhil Kamath, founders of Zerodha. Alkemi Growth Capital, an existing investor, also participated in the round. «This funding will accelerate our expansion efforts and establish us as the leading brand in the rapidly growing intimate wellness sector, which boasts a remarkable CAGR of 16%,” Vikas Bagaria, founder and CEO of Pee Safe adding that over the past five years, the brand has achieved a growth rate of 100% CAGR, surpassing market expectations.
12.09 / 06:15
FIVE
Discover
track
country
Inside
Former IIS officer murders lawyer wife in Noida, hides in closet for 16 hours to evade police
Noida. As per a TOI report, he remained in the hideout while police tirelessly searched for Singh. The police even dispatched a team to Nepal, suspecting that he might attempt to flee the country, given his British passport. According to the police timeline, Renu's was murdered between 9:30 am and 10:00 am on Sunday.
12.09 / 06:15
VISA
CEO
country
electronic
International
Essential checklist: Top 5 must-haves for international students
Outlined below are the top 5 indispensable items that every student must have when embarking on a journey abroad for studies:1. Medicines: Ensure you carry an ample supply of medications you've been consistently using. Especially for prescribed medications, it's advisable to have a substantial stock.
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