Country Financial News

07.09 / 04:55
UPS Monolithic Southern country voice Everyone's talking about the Global South. But what is it?
Global South," and that at the upcoming Group of 20 meetings being held in New Delhi, that voice will be heard. At the August summit of the BRICS nations — Brazil, Russia, India, China and South Africa — current chair South Africa declared its goal was to «advance the agenda of the Global South.» And ahead of this May's summit of the Group of Seven wealthy democracies in Hiroshima, Japanese Prime Minister Fumio Kishida stressed that the guest nations he had invited reflected the importance of the Global South. The United Nations, the World Bank, U.S. President Joe Biden — everyone seems to be talking about the Global South these days.
07.09 / 04:47
Provident Pride country RSS supports reservations provided in Constitution: Mohan Bhagwat
equality, some special remedies have to be done." "Reservations are one of them. Reservations should continue till there is such discrimination. The Sangh gives complete support to the reservations provided in the Constitution," the RSS chief said.
07.09 / 04:17
DISH Celebrity DAL country exclusive From Chatpati Chaat to millet: World leaders to be served with 'all-veg' menu at G20 Summit 2023 in Delhi
G20 Summit in Delhi: As the final countdown for the international summit has begun, country leaders and delegates will be served with traditional vegetarian delicacies. Major highlight of the menu will be the dishes prepared from millet. The official dinner of the delegates will consist of ‘all-vegetarian’ meal without eggs or meat, according to media reports.
07.09 / 04:17
Action show country G20 Summit: EU expresses concern over draft joint communique on Ukraine issue
New Delhi: European Union officials have indicated their disapproval of the draft text for the joint communique scheduled for release at the New Delhi G20 Summit, citing disagreements over language related to the ongoing war in Ukraine. The conflict has been a point of contention within the G20 since last year. The 2022 G20 Summit in Bali produced a joint declaration that criticized Russia for its actions in Ukraine.
07.09 / 04:13
UPS Citi Career Align Remark country Who are Claudia Sheinbaum and Xóchitl Gálvez? Know both women as Mexico set for its first female president
Mexico is poised to make history in 2024 with its first female president as both the governing Morena party and the opposition coalition have chosen women as their candidates for the upcoming presidential election. Let's get to know these remarkable women who could potentially lead Mexico into a new era of leadership.
07.09 / 04:13
Progressive country voice PM Narendra Modi calls for rules-based post-Covid world order
Narendra Modi on Thursday called for building a rules-based post-COVID world order and strengthening the voice of the Global South. In an address at the annual ASEAN-India summit here, the prime minister also underlined the need for ensuring a free and open Indo-Pacific. The Association of Southeast Asian Nations (ASEAN) is considered one of the most influential groupings in the region, and India and several other countries including the US, China, Japan and Australia are its dialogue partners. India supports the ASEAN outlook on Indo-Pacific, Modi told the leaders of the grouping. The prime minister described ASEAN as the epicentre of growth, saying it plays a crucial role in global development. The 21st century is Asia's century.
07.09 / 04:13
Digital show country After centuries, we are clawing back some of our heft in the world: Sanjeev Sanyal
Sanjeev Sanyal, Member, Economic Advisory Council-PM, says “not only in decades, but even in centuries, we are in some ways clawing back some of our heft in the world. After a very, very long time, India counts for something in the world economy. Both of these things are coming together at the time that we are hosting the G20. As a result of that, this is a real opportunity for India to help set the global agenda, to show leadership and so on.” Sanyal further says: “We are truly going through a renaissance like the Europeans went through a renaissance in the 1500s. In every field of human endeavour, suddenly Indians matter. We are even managing to throw javelins further than everybody else. Who knew that a few years ago? We are managing to land on the moon.”What is the importance of hosting the G-20 summit this year? Especially for India, this summit is happening at a scale that has never been done before but the scale at which we are attempting to integrate with the world on trade and commerce also have never been done before. Help us understand the importance of it all.First of all, it is an opportunity for India to show global leadership at a particular juncture in history for both the world and for India. So notice that we have come out of the Covid crisis, because of which the years – 2020, 2021 and 2022 – were totally disrupted. 2022 was a little bit better and the Indonesia leadership summit did work out but those three years were very disrupted.
07.09 / 03:13
BLOCK country US reveals the difficulty behind having joint G20 declaration, says ‘Russia and China are less likely to…’
G20 Summit being held in India. However, Washington has also highlighted the problems that could lead to the G20 Summit ending without a joint communique. G20 Sherpas are trying to work together on ironing out a final declaration that will be adopted by PM Narendra Modi and other world leaders over the weekend, reported ANI.
07.09 / 03:13
UPS Cooper Waters Remark show country Cold War China warns against 'new Cold War' at ASEAN summit
Li Qiang said on Wednesday it is important to avoid a «new Cold War» when dealing with conflicts between countries as world leaders gathered in Indonesia amid sharpening geopolitical rivalries across the Indo-Pacific region. Speaking at an annual summit involving members of the Association of Southeast Asian Nations (ASEAN) and China, Japan and South Korea, Li said countries needed to «appropriately handle differences and disputes». «At present, it is very important to oppose taking sides, bloc confrontation and a new Cold War,» Li told the meeting. ASEAN, which has warned of the danger of getting dragged into major powers' disputes, is also holding wider talks with Li, U.S. Vice President Kamala Harris and leaders of partner countries including Japan, South Korea, Australia and India. Neither U.S.
07.09 / 03:13
UPS Lowe's Reuters Strategy country EM currencies face uphill battle as dollar's supremacy continues
safe-haven demand amid a slowing Chinese economy keeps the dollar ascendant, a Reuters poll of FX analysts found. A stampede into the greenback pushed the wider index of emerging market currencies to its lowest in two weeks on Monday as U.S. Treasury yields and the dollar advanced on expectations interest rates will remain high. The dollar index has surged more than 5.0% since its 15-month nadir in July.
07.09 / 03:13
Citi Provident country G20 Summit: Delhi to witness cloudy sky for next 2-3 days; IMD to issue special weather bulletin for summit from today
G20 Summit: The Indian Meteorological Department has predicted a drop in temperature and cloudy weather in Delhi ahead of the summit. To regularly monitor the city weather during summit, the weather forecasting agency will also begin to release special bulletin from Thursday. As per the latest bulletin, weather in the city is likely to remain pleasant with cloudy sky that can also be accompanied with strong winds.
07.09 / 03:13
UPS Provident JPMorgan Strategy Align country rock boost JPMorgan says ‘trailblazing’ rules to boost India’s ESG market
India is among the first in the world to regulate ESG rating providers and the country’s minimum requirement for funds to invest — according to their stated strategy — is “a high bar,” said Hannah Lee, JPMorgan’s head of ESG equity research for the Asia-Pacific region. “Where India stands out in terms of being trailblazing is probably its level of ambition and some of the thresholds that it has,” she said in an interview. India rolled out several measures over the past two years to regulate its market for green and other assets, most recently allowing domestic fund managers to launch plans under six types of ESG strategies.
07.09 / 03:13
Citi Digital Action Gap country blues India’s G20 leadership stood out for its human-centric approach
climate change. The Chennai High-Level Principles for a Sustainable and Resilient Blue Economy focus on keeping our oceans healthy. A global ecosystem for clean and green hydrogen will emerge from our presidency, along with a Green Hydrogen Innovation Centre.
07.09 / 03:13
Provident Lowe's NASDAQ country Asian stocks Asian stocks under pressure, dollar extends gains
dollar strengthened further against major currencies as investors increased bets for further Federal Reserve policy tightening. The Bloomberg dollar index rose to a fresh six-month high as investors increased expectations for the Fed to hike again this year. Treasury yields drifted higher across the curve Thursday, extending Wednesday increases that pushed two-year yields above 5%.
07.09 / 03:13
Citi country debate PM Modi asks Council of Ministers to refrain from India vs Bharat debate
a renaming could be part of the agenda in the upcoming Special Session of Parliament. While Union Minister Anurag Thakur has called it a “rumour", while attacking the “mindset" of the Opposition for opposing the name ‘Bharat’, there has been no other word.
07.09 / 03:13
COST UPS Lowe's show country Low Dollar shines as US economy outperforms, yen plumbs 10-month low
yen to a 10-month trough on Thursday and kept the euro and sterling pinned near three-month lows, as investors placed their faith in a still-resilient U.S. economy even amid a dour global growth outlook. The greenback scaled a fresh top of 147.865 yen in early Asia trade, its highest since last November. Against a basket of currencies, the dollar was last 0.05% higher at 104.91, holding on to some of its gains from the previous session after scaling a six-month peak on news that the U.S.
07.09 / 03:13
Reuters country Returns India’s $14-billion investment commitments to Nigeria: ‘Ready to give you the best returns,’ says President Bola Tinubu
G20 summit in New Delhi later this week, hosted these talks. His attendance at the summit follows an invitation from India, the current holder of the rotating presidency of the G20 bloc.
07.09 / 02:57
UPS COP Dreams Coherent country Meet the Aussies aiming to turn forests into a magic money tree
London | The emerging global carbon market will radically reshape the world’s forests into a potentially booming asset class – one already worth $US100 billion ($156 billion) – but the industry has no seat at the table where the new rules are getting drawn up.
07.09 / 02:57
UPS Provident country expansion Takeover Boutique Hall & Wilcox eyes expansion with boutique takeover
National law firm Hall & Wilcox has set its sights on further expansion as it announces a takeover of boutique Brisbane-based firm McMahon Clarke.
07.09 / 01:07
UPS FIVE Manufacturing Mobile show country Chinese automaker SAIC looks at local co-drivers to navigate India market
SAIC Motor Corp is weighing multiple options to partner an Indian company for expanding its presence in the growing automobile market, said Chen Hong, chairman of China's largest automaker. The company didn't comment when asked about the prospect of an alliance with JSW Group. ET reported in its June 14 edition that a private company owned by Sajjan Jindal, chairman of JSW Group, aims to buy a stake of as much as 48% in MG Motor India. Talks between SAIC, the parent of MG Motor India Pvt Ltd, and one of the potential Indian investors are likely to conclude in a few months, said another senior executive.
07.09 / 01:07
UPS Discover country Discover and HDFC Bank set sight on doubling Diners Club card base in India
US-based Discover Financial Services and HDFC Bank, which together offer Diners Club credit cards in India, said they aim to double the card base and transactions volume in the country over the next 18 months.Ricardo Leite, senior vice-president and head of international markets at credit cards and payments company Discover Financial Services, told ET he intends to build co-branded partnerships with major luxury brands in India and scale up its

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