Country Financial News
06.09 / 15:25
MET
Progressive
Manufacturing
Assurant
country
Nidec’s Motion & Energy India holds a “Groundbreaking Ceremony” of its greenfield project in Karnataka India, plans to invest Rs 450 Cr ($55M)
‘India for India’ and ‘India for Export’ strategy.”Bangalore: Nidec Corporation is the world’s leading electric motor manufacturer, with over 340 group companies and 1 lac employees worldwide. The company recorded $17B in sales last year Nidec’s Motion & Energy Business Unit marked a significant milestone with a Groundbreaking Ceremony for an ambitious project in India at the Kotur-Belur Industrial area of Hubli-Dharwad, Karnataka. Nidec has a robust Indian manufacturing presence with seven manufacturing bases in operation today.
06.09 / 15:25
FIVE
Manufacturing
CEO
Strategy
country
cover
social
Jewellery
Senco Gold Limited becomes member of Responsible Jewellery Council
Responsible Jewellery Council (RJC). Founded in 2005 and now with members globally in 71 countries, the RJC is the world’s leading standard-setting organisation for the jewellery and watch industry. Its Code of Practices (COP) is the global standard for the responsible jewellery and watch industry, focusing on business ethics and responsible supply chains covering all the primary minerals and metals used in the manufacture of jewellery -gold, silver, platinum group metals, diamonds and coloured gemstones. Mr.
06.09 / 15:13
Provident
Align
Adventure
DISH
country
From Mughlai to chaats: World leaders to feast on India's vegetarian culinary delights at G20 summit
G20 Summit this weekend are in for a foodie adventure! They're going to dig into a fancy vegetarian spread that's all about India's amazing food traditions. A senior official spilled the beans, saying they'll get to taste a mix of yummy dishes from all over India.
06.09 / 15:13
Provident
Digital
Google
Mobile
Metro
Interface
country
NPCI introduces credit, NFC-based payments to scale UPI service
NPCI), which operates the Unified Payments Interface (UPI) network, has launched new products to ensure more digital inclusivity of the payment service, even as it aims to scale the infrastructure to 100 billion monthly transactions. The new offerings include a credit line on UPI, UPI Lite X for offline payments and a near field communication (NFC)-enabled Tap & Pay feature, conversational payments through Hello! UPI as well as conversational bill payments with BillPay Connect.
06.09 / 15:13
Career
Continental
show
country
Women farmers to show G20 leaders' spouses how millet farming is done: MoS Shobha Karandlaje
women farmers would soon arrive at the Indian Agricultural Research Institute and show the spouses of G20 leaders how millet farming is done on September 9.India has got the opportunity for the first time to organize G20 events in the different corners of the country...The spouses of G20 leaders will come to the Institute of Agricultural Research. We are going to show them how we moved forward in agriculture," she said. Karandlaje further stated that after receiving the spouses of G20 leaders here, we will take them to the millet fields. «First, we will receive them here and then we'll go to the millet fields and show them how we are growing millet,» she said. India is the leading country to export millet to the world, she added. Farmers from 10 major millet exporting states will hold conversations with the G20 leader's spouse. «We have invited farmers from 10 major millet-producing and exporting states to have conversations with the G20 leader's spouse,» she added. The women farmers have been invited from far-flung villages in 11 millet-producing states — Rajasthan, Maharashtra, Karnataka, Uttar Pradesh, Madhya Pradesh, Tamil Nadu, Uttarakhand, Odisha, Chhattisgarh, Bihar and Assam. Further, Karandlaje praised that the G20 Summit is going to be held under Prime Minister Modi's leadership. Moreover, she said that live cooking would be there, and we would prepare meals made from millet.
06.09 / 14:51
Aviat
Southern
show
country
recovery
International
India’s aviation recovery dragged down by dull international travel
tourism ministry, gives some clues into these trends. International travel in India is being driven by the growing number of Indians travelling abroad. The number of foreign tourists entering India in the quarter ended 30 June was still 13% down since the same period four years ago, and has been slow to recover.
06.09 / 14:21
Provident
Aviat
CEO
Airlines
Parke
country
G20 arrangements at Delhi airport: Dedicated corridor for delegates, team to monitor flight arrivals, departures, and more
Delhi airport will have dedicated gates and a dedicated corridor to ensure seamless immigration clearance for G20 delegates, and a team of senior officials will monitor arrival and departure operations related to the summit. Ahead of the G20 Summit, which will be held in the national capital on September 9 and 10, Delhi airport operator DIAL on Wednesday said there are a required number of parking slots for VVIP aircraft, and that most of the guests for the summit will be coming by chartered flights or special VIP flights. «While many of the guests will be arriving at Air Force Station on the Palam side, there are many other heads of states as well as other delegation members who are going to come at Terminal-3.
06.09 / 14:21
Lowe's
Manufacturing
country
Destinations
G-20 Presidency strengthens India's position as one of best global investment destinations: Dheeraj Hinduja
Ashok Leyland Executive Chairman Dheeraj Hinduja said on Wednesday. The Hinduja Group flagship Ashok Leyland is the second largest commercial vehicle manufacturer in the country.
06.09 / 14:21
UPS
Provident
Cooper
Progressive
country
Hectic schedule for PM Modi in the next 3 days leading up to G20 Summit
G20 Summit as he leaves for Jakarta on Wednesday evening to take part in the ASEAN-India Summit and East Asia Summit. The Prime Minister chaired a meeting of the Council of Ministers as well as a cabinet meeting earlier on Wednesday. He will hold back-to-back meetings till 7:30 pm, government sources said. They said the Prime Minister will emplane for Indonesia at 8 pm, spend around 7 hours on the flight and reach Jakarta at 3 am IST on September 7. He will leave for the venue of the ASEAN-India Summit at 7 am.
06.09 / 14:21
Cooper
Align
show
country
exclusive
Sunak
Time
India is "right country" at "right time" to hold G20 presidency:UK PM Rishi Sunak
India's diversity and its extraordinary successes means it is the «right country» at the «right time» to hold the G20 presidency, British Prime Minister Rishi Sunak said on Wednesday, as he hailed Narendra Modi's leadership over the last year, noting that India's presidency of the bloc came when the world is facing innumerable challenges. In an exclusive interview to PTI just days ahead of the G20 summit in Delhi on September 9-10, Sunak, the first Indian-origin prime minister of Britain, said the relationship between the UK and India will define the future of the two countries, even more than it is defining the present. «This country's scale, diversity and its extraordinary successes means India is the right country at the right time to hold the G20 Presidency.
06.09 / 13:49
Waves
Target
Fighting
country
cover
social
INDIA bloc making BJP nervous, 'India-Bharat' issue being raised to mislead people: Mallikarjun Kharge
Congress president Mallikarjun Kharge on Wednesday said the alliance of like-minded opposition parties named INDIA has worried the BJP which is now trying to drop India and keep only Bharat as the country's name. «The Constitution states India means Bharat.
06.09 / 13:49
UPS
Citi
Man
country
Interpol at 100: A mixed legacy of hunting fugitives and merging police data from 195 countries
police data from authoritarian states and democracies, and a global adviser on how to handle criminal trends. Secretary-General Jurgen Stock, a German who took office in 2014, has said he believes all police officers ultimately have the same goal: stopping criminals. The challenge, he said in an interview with The Associated Press, is that Interpol brings 195 very different countries into a network of databases of crimes and wanted fugitives. Interpol has no police force of its own, no weapons stockpile, and certainly no fleet of helicopters to swoop in and pluck criminals off rooftops.
06.09 / 13:49
Reuters
Digital
Manufacturing
country
Ather raises Rs 900 crore from Hero MotoCorp, Singapore’s GIC
Ather Energy on Wednesday said it had secured Rs 900 crore in funding from two-wheeler major Hero MotoCorp and Singaporean sovereign wealth fund GIC. Both investors are existing shareholders in Ather, with Hero MotoCorp already owning a 34.2% stake in the firm prior to the latest investment. Hero is also Ather’s largest shareholder, according to data from Tracxn.
06.09 / 13:49
Provident
country
Training
UGC's training centres for teachers to be known as Madan Mohan Malviya Teachers' Training Centres: Dharmendra Pradhan
Human Resource Development Centres run by the UGC for teacher training and capacity building will now be known as Madan Mohan Malaviya Teachers' Training Centres, according to Education Minister Dharmendra Pradhan. The University Grants Commission's (UGC) HRDCs cater to the teachers working in the country's non-technical Higher Education Institutions (HEIs).
06.09 / 13:47
06.09 / 13:13
Remark
country
‘Oppn bloc calling itself BHARAT might…’: Shashi Tharoor's sarcastic jibe at PM Modi govt
Narendra Modi-led government over the India-Bharat naming row, saying the opposition bloc could call itself the "Alliance for Betterment, Harmony And Responsible Advancement for Tomorrow (BHARAT)" and then perhaps the ruling party might stop the "fatuous game of changing names". His remarks came after invitations for a G20 dinner sent out by President Droupadi Murmu, describing her position as 'President of Bharat' instead of the customary 'President of India', triggered a massive furore on Tuesday with the opposition alleging that the Modi government is planning to drop India and stay with just Bharat as the country's name.
06.09 / 13:13
IPO
BLOCK
Platform
Interface
country
Explainer
settlement
Mint Explainer: Sebi’s one-hour trade settlement - A game changer for investors?
Mint explains what the new announcement means for market investors. Currently, when an investor buys or sells shares from stock exchanges, the transaction is confirmed instantly, but the actual settlement takes time. So once the transaction is confirmed, the buyer doesn’t receive shares instantly, nor does the seller receive the proceeds instantly.
06.09 / 12:55
Target
show
performer
country
Chile's economy stagnant in most optimistic scenario for 2023, says cenbank
SANTIAGO (Reuters) — Chile's central bank on Wednesday lowered the top end of its estimate for the country's economic performance in 2023, saying it now forecasts gross domestic product (GDP) to show no growth in the most optimistic scenario.
06.09 / 12:55
UPS
Citi
Provident
Tencent
country
services
Futures inch lower, U.S. services data looms - what's moving markets
Investing.com -- U.S. stock futures decline as investors gauge the outlook for Federal Reserve monetary policy and digest extended supply cuts by major oil producers Saudi Arabia and Russia. Elsewhere, new data later in the session on Wednesday will provide a look into the state of the key U.S. services sector, while China's Tencent prepares to unveil a new AI chatbot.
06.09 / 12:55
Target
Waters
Gap
Remark
stage
country
Sugar, Rice Test Critical Levels: What's Next for Food Commodities?
Weather remains a pivotal factor influencing the price dynamics of various agricultural commodities across the globe. This holds true for three major food commodities: cocoa, sugar, and rice, all of which have witnessed a substantial uptick in prices in recent weeks.
06.09 / 12:55
MET
Amazon
country
Deal
Mercosur reply on trade deal addendum already sent to EU, Brazil minister says
SAO PAULO (Reuters) -Brazil's Foreign Relations Minister Mauro Vieira said on Wednesday the Mercosur bloc of Brazil, Argentina, Paraguay and Uruguay has already sent the European Union their position on an European addendum to their long-awaited trade agreement.
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