Country Financial News

Hyderabad, India, organized by the Department of Agricultural Research and Education (DARE), Ministry of Agriculture and Farmers Welfare. This three-day workshop aims to facilitate discussions on climate change challenges and foster international cooperation to enhance countries' abilities to address these climate-related agricultural issues. The inaugural session of the workshop saw the participation of Shobha Karandlaje, Minister of State for Agriculture and Farmers Welfare. The first day of the event focused on "Climate Resilient Agriculture Research Needs and Innovations," where experts from various countries shared their experiences and insights regarding achieving agricultural resilience. They also highlighted the scientific and innovative solutions required to tackle emerging challenges and reduce uncertainties in agricultural food systems, read the Ministry of Agriculture and Farmers Welfare press release. The workshop has drawn participants from G20 member states, guest-invited countries, and international organizations, along with senior officials from the Ministry of Agriculture and other relevant ministries. Agriculture, being one of the most climate-sensitive sectors, is significantly impacted by climate change, which is already affecting G20 nations.

Two Portuguese citizens have lost over $312,000 to crypto scammers, with police claiming that more people are falling victim to crypto fraudsters.

alliance seems to be divided over the Sanatana Dharma remark row, while the Bharatiya Janata Party (BJP) leaders slammed Tamil Nadu Minister Udhayanidhi Stalin for “unadulterated hate speech". The saffron party drew parallels between the DMK leader and Nazi dictator Adolf Hitler. “Uday Stalin’s meditated comment is unadulterated hate speech and a call for genocide of 80% population of Bharat, who follow Sanatan Dharma.

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

OpenAI, a pioneering firm in artificial intelligence. The Indonesian immigration authority issued a 10-year visa to Altman, acknowledging his global renown and potential contributions to the nation. Indonesia's Immigration Director General has said that Altman "has an international reputation and may bring benefits to Indonesia", Bloomberg reported.

Tesla chairman Robyn Denholm has urged Treasurer Jim Chalmers to lure at least 30 battery-grade lithium processing facilities to Australia with tax breaks or risk the country losing out to North America and Europe.

Ashwini Vaishnaw said that Madhya Pradesh's Neemuch would soon get a Vande Bharat Express. Addressing the public at Neemuch on Monday, the Railway Minister said, «It is time for Vande Bharat to run on this route. Your Member of Parliament (MP) Sudhir Gupta has already requested for the same.

Paytm on Tuesday announced its business operating performance metrics for quarter to date (July-August period). The fintech giant continues to solidify its leadership of payment monetisation with 87 lakh devices deployed.

G20 summit in New Delhi from September 9-10. The theme for India's G20 Presidency is 'Vasudhaiva Kutumbakam' or 'One Earth, One Family, One Future'. The country will host over 200 meetings across 13 working groups, 11 engagement groups, five initiatives and eight finance working tracks. ET looks at the agenda, developments, introductions and proposals for the finance and sherpa tracks.

Growth in India's dominant services industry lost some steam in August but overall conditions remained strong despite elevated inflationary pressures, according to a business survey that showed exports were at a record high on robust foreign demand. Tuesday's findings, coupled with a sister survey on Friday which found factory growth expanded at its fastest pace in three months, suggest Asia's third-largest economy will be the fastest-growing major country despite slowing global growth. The S&P Global India services Purchasing Managers' Index fell to 60.1 in August from 62.3 in July, lower than the Reuters poll expectation of 61.0. Still, the reading was above the 50-mark separating growth from contraction for a 25th consecutive month — the longest stretch since August 2011. «This spike in international demand supported one of the best sales performances recorded over the past 13 years, and acted as a catalyst for firms to expand their workforces as well as output,» noted Pollyanna De Lima, economics associate director at S&P Global. «Demand strength also fostered a heightened sense of optimism regarding the outlook, boding well for economic growth prospects.» A sub-index monitoring overall demand slowed slightly in August compared to the previous month.

PTI, adding, "the textual content, along with its audio is presented in 16 global languages, including English, French Mandarin, Italian, Korean and Japanese." PTI further noted that the history of the democratic ethos of India will be "summed up and retold through 26 interactive screens" arranged in multiple kiosks. Also Read:G20 Summit: What's closed, what's open in Delhi; all you need to know "Upon their arrival in the exhibition area, heads of state, delegates and other guests, will be greeted by an AI-generated 'avatar' which will provide them a concise overview of the exhibition," the source said.

G20 Summit on September 9 and 10, with leaders from 20 countries anticipated to participate in this significant event in New Delhi. Prime Minister Narendra Modi has stated that this G20 Summit in India will be historic, as it will witness the largest gathering of world leaders. According to a report by News 18, more than 40 world leaders are expected to take part in the summit in New Delhi.

BJP, Congress and JDS in Karnataka seem to be catching up with the emerging trend in politics to use social media for campaigning. Sources across the political spectrum told ET that parties may step up social media campaigns as compared to the recent assembly polls in Karnataka. While leaders may collaborate with influencers, the latter are not strictly on the party payrolls, they added. «Whoever posts content in our favour is doing it voluntarily, we are not paying them,» sources in the BJP said.

The one thing that has remained stubbornly fraught: the world of work.

dollar was firm on Tuesday and the Aussie under a little pressure as traders watched out for the Reserve Bank of Australia's interest rate decision with bets that rates may have peaked. The Aussie was 0.5% lower at $0.6431 in early trade. Softer than expected inflation data for July has markets all but certain the cash rate will stay on hold at 4.1% when the RBA announces its decision in the next few hours, far lower than where U.S.

Japan's service sector activity expanded at its quickest pace in three months in August, underpinned by robust consumer spending as inbound tourism regained momentum, a private-sector survey showed on Tuesday. The relatively upbeat service sector conditions contrast with the manufacturing industry's shrinking activity and subdued business sentiment amid slowing global demand. The final au Jibun Bank Japan Services purchasing managers' index (PMI) grew to 54.3 last month from 53.8 in July, in line with the flash reading and stayed above the 50-benchmark dividing expansion from contraction for 12 consecutive months. «A stronger improvement in new orders received by Japanese service firms underpinned an acceleration in business activity growth,» said Usamah Bhatti, an economist at S&P Global Market Intelligence. «That said, service providers signalled a steeper increase in inflationary pressures during August,» he said, underlining some of the challenges faced by the broad business sector across the country. The subindex measuring outstanding businesses swung back above the 50.0 threshold in August helped by the re-acceleration of new orders. Survey respondents noted stronger consumption thanks to higher customer numbers and demand on the back of a surge in inbound tourists.

Mirae Asset has acquired a pre-leased and income-producing warehousing property spread over 11 acres in Bhiwandi near Mumbai from property and logistics developer BGR Constructions LLP, furthering its investments into logistics and industrial real estate in India. The company’s India arm, Mirae Asset Investment Managers (India), has made this acquisition of a logistics facility in BGR Logistics Park with over 500,000 sq ft leasable area through a category II alternative investment fund (AIF), Mirae Asset Credit Opportunities Fund, for around Rs 175 crore. “This acquisition is in line with our strategy to acquire core assets in tier-1 cities. We will continue to evaluate and invest in such grade-A assets across major warehousing hubs as we expand our presence in India,” Hakim Ronak, head-real estate investments, Mirae Asset Investment Managers (India), told ET. This is Mirae Asset’s second such transaction in the last six months and with this, it now owns around 800,000 sq ft warehousing space with a total investment of over Rs 300 crore in Bhiwandi alone. Prior to this, Mirae Asset had acquired another pre-leased and income-producing warehousing property spread over 10 acres in Bhiwandi with 300,000 sq ft leasable area. “This park provides a competitive edge in terms of its location.

Asian equities fell on Tuesday as the spotlight remained on China and its efforts to stabilise its stuttering post-pandemic economy, while traders awaited the outcome of a policy meeting of the Reserve Bank of Australia. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.75% lower at 511.14, moving away from 515.37, the highest level since Aug. 11 it touched on Monday. China shares clocked their best day in over a month on Monday on the back of fresh measures to help boost the faltering economy.

5 September. Education Minister Dharmendra Pradhan had constituted three separate independent national juries of eminent persons to select the teachers. Each awardee will receive a certificate of merit, a cash prize of ₹50,000, a silver medal, and an opportunity to interact with Prime Minister Narendra Modi.

₹550 crore in Ather Energy, the company said in an exchange filing. The company's board, at its meeting held on September 4, 2023, has approved an investment of up to ₹550 crore in the Rights issue of Ather Energy. The investment is subject to the execution of definitive documents and completion of certain conditions customary to a transaction of this nature, it added.

PTI. In Andhra Pradesh, The Meteorological department has forecast heavy rains in parts of Andhra Pradesh for the next four days, accompanied by lightning and thunderstorms, PTI has reported.