Country Financial News

President Donald Trump’s abrupt freeze of U.S. foreign aid is sending shockwaves through Eastern Europe

Friday marks five years since Britain left the European Union at 11 p.m. on Jan. 31, 2020

Syria's new Islamist leaders are undertaking a radical overhaul of the country's broken economy, including plans to fire a third of all public sector workers and privatising state-run companies dominant during half a century of Assad family rule.

Parliament session, Prime Minister Narendra Modi said on Friday. Ahead of Parliament's Budget session, Modi also took a swipe at opposition parties, saying that there were people abroad ready to do mischief before every session since 2014 and there was also no dearth of those here who would fuel such attempts.

Subscribe to enjoy similar stories. New Delhi: The Economic Survey – a critique of the economy’s performance and its management scripted by a team in the finance ministry – offers the Chief Economic Advisor V Anantha Nageswaran an opportunity to propose novel ideas and solutions to the challenges confronting the country, unaffected by the political pressures of the government in office or the ruling party.

Narendra Modi today expressed his prayers for the prosperity of India's poor and middle class. He said that Goddess Lakshmi, the deity of wealth and prosperity, should continue to bless them… «Ahead of the Budget Session, I bow down to Goddess Lakshmi, the goddess of wealth and prosperity… I pray that Goddess Lakshmi continues to bless the poor and middle class of our country. It is a matter of great pride that India completed 75 years as a democratic nation,» PM Modi said.

Subscribe to enjoy similar stories. MUMBAI : India’s largest bank is going high-tech in matters of surveillance by introducing a network to connect all its branches using artificial intelligence-enabled cameras, thermal imaging and intelligent video analytics, according to a document seen by Mint. The document, a call for consultants to bid for the project, said that the State Bank of India (SBI) plans to “enhance security, monitoring, reporting and incident management in real-time".

Narendra Modi’s visit to Washington DC.

₹9.5 lakh crore for FY 2023-24, and the budgeted expenditure on interest payments was at 30.4% of the nation's revenue expenditure in FY24.The global rating agency S&P Global upgraded India's sovereign credit rating outlook to ‘positive’ from ‘stable’ in May 2024.The Economic Survey projected that India would grow at the rate of 6.5 to 7% of real GDP growth due to the improving balance sheet of the country's private sector, the estimated increase in goods and services export, normal rainfall forecast by IMD, and structural reforms in the economy.On the Inflation front, the report said that India managed to keep retail inflation at 5.4% in FY24, the lowest since the Covid-19 pandemic period. However, the food inflation hit 7.5 per cent in FY24, compared to 3.8 per cent in FY22.The report also outlined the focus outlook for the year, with increasing oilseed production, improving pulses production, focusing on storage facility for vegetables, and price monitoring data for essential food items, among other things.Economic Survey 2025 Live: The Economic Survey is an analysis report of India's growth prepared by the Economic Division of the Department of Economic Affairs (DEA).

Subscribe to enjoy similar stories. The Union Budget, the annual unveiling of India's fiscal roadmap, is always met with a flurry of anticipation. Yet, despite widespread excitement, markets approach the event with tempered expectations.

Surging prices for coffee on global markets are coinciding with a weak Canadian dollar, putting a “pinch” on cafés and retailers that could end up hiking the cost of your cup of joe.

LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United States to escape a planned tax hike, as per a report.

Walmart Canada said on Thursday it is investing about C$6.5 billion ($4.51 billion) to build new stores and expand its supply chain, marking its biggest ever investment since opening its first store nearly 30 years ago.

The latest suspected senior Iranian official caught in Canada sued the immigration department and enlisted a Liberal MP’s office as part of her fight to stay in the country, government records show.

CALGARY — Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility.

WASHINGTON — The man U.S. President Donald Trump has chosen to oversee his tariff agenda says hitting Canada with 25 per cent across-the-board duties would be an emergency measure to achieve border security — and could be followed by more tariffs in the future.

Union Home Minister Amit Shah.

Donald Trump’s nominee for commerce secretary on Wednesday defended the use of tariffs to create “fairness” and denied they will be inflationary, while also hinting at a looming fight with Canada over dairy market access.Billionaire financier Howard Lutnick told his U.S. Senate confirmation hearing that the 25 per cent tariffs Trump has vowed to impose on Canada and Mexico starting Saturday are meant purely to compel border security improvements from both countries, particularly to crack down on fentanyl trafficking.“If we are your biggest trading partner, show us respect: shut your border and end fentanyl coming into this country,” Lutnick said.“It’s not a tariff, per se, it is an action of domestic policy.

(Bloomberg) — Canada is planning to set up a center to accommodate migrants from the US crossing the northern border into Quebec as the Trump administration pushes ahead with an immigration crackdown.

Subscribe to enjoy similar stories. Colombia’s run-in with Donald Trump is a warning to other countries trying to decipher the US president’s haphazard decision-making process. As Asian nations realize that Trump’s second term could be even more erratic than his first, China is ready to take advantage of the chaos.

Subscribe to enjoy similar stories. The idea for IT IS YOU came to Vivek Vijayakumaran, artistic director at Our Theatre Collective, in 2022, but the desire to stage this performance was slowly taking shape within him over the years. “I wanted to respond to the religious intolerance emerging in the country, as well as elsewhere in the world.