Country Financial News
03.09 / 11:35
FIVE
Platform
Remark
country
social
PM Modi emphasizes on ‘financial discipline’ as opposed to ‘irresponsible populist measures’
global debt crisis’ which he noted, is “a matter of great concern for the world, especially (for) developing countries". In an interview with news agency PTI, PM Modi has said that "irresponsible" financial policies and populist measures only bear fruit for short term. He reiterated the claim the populist measures will extract a "great social and economic price" in the long term.
03.09 / 11:35
Citi
Digital
Progressive
Strategy
stage
country
beautiful
India’s G20 presidency is a global legacy in the making
the future of global governance is shaped. India’s ascent to its presidency is emblematic of the country’s rapidly evolving role on the world stage. As an active participant in some of the G20 proceedings, I have borne witness to India’s transformation into a leader, fostering collaboration and charting pathways to address universal challenges.
03.09 / 11:05
Citi
stage
country
beautiful
PM Modi dismisses China's objections over G20 event in Kashmir, Arunachal Pradesh: ‘Would be valid if…'
G20 events in Kashmir, which they called “disputed." Notably, Pakistan is not a member of the G20 group but has joined China to share its objections. In May 2023, India hosted the third G20 working group meeting on tourism in Srinagar, which was attended by delegates from all G20 countries except China.
03.09 / 11:01
country
BJP indulges in purchasing MLAs, it will be taught a lesson: Akhilesh Yadav ahead of Ghosi bypoll
Samajwadi Party chief Akhilesh Yadav on Sunday appealed to the voters of the Ghosi assembly bypolls to support his party's candidate and «teach the BJP a lesson which purchases MLAs». Campaigning for the Ghosi assembly bypoll is set to end on Sunday evening.
03.09 / 11:01
FIVE
Progressive
Platform
Remark
performer
country
social
Financial
PM Modi cautions against 'irresponsible' financial policies
Narendra Modi has reiterated that «irresponsible» financial policies and populist measures may give political results in the short term but will extract a «great social and economic price» in the long term.
03.09 / 10:31
03.09 / 10:29
COST
CEO
Strategy
RWE
country
voice
Utility
‘Big question-mark over new nuclear’: German utility CEO
The CEO of one of Germany’s last nuclear power producers has cautioned against the idea of a non-nuclear country such as Australia adopting nuclear power, pointing to the cost overruns and delays plaguing new nuclear plants around the world.
03.09 / 10:29
03.09 / 10:13
Provident
Man
Waters
Remark
country
Arvind Kejriwal asks what will a common man gets from one nation-one election concept
Arvind Kejriwal on Sunday questioned the rationale behind the 'One nation, One election' concept, wondering what the common man will get from such an arrangement. «What is important for the country? One Nation One Election Or One Nation One Education (Rich or poor, equal good education for all).
03.09 / 10:13
COST
Digital
Strategy
country
Q3
Punjab & Sind Bank looks to raise Rs 250 crore via QIP in Q3
QIP) in the next quarter," Punjab & Sind Bank managing director Swarup Kumar Saha told PTI. It will help achieve the twin objective of capital raising and dilution of the government's holding in the bank, he said. Government of India holds a 98.25 per cent stake in the bank which was listed on the stock exchanges in 2010. He said that the government's nod is also in place for the capital raising. The bank had written to the Centre seeking its approval for capital raising in May this year. As part of a strategy to increase touch points and brand visibility, Saha said the bank is aiming for 2,000 branches and as many ATMs in the country in the next three years. The addition of branches would help mobilise low-cost deposits and also increase penetration of loan products, he said. «We are trying to build operational efficiency more so that I can reduce my cost and increase my fee income.
03.09 / 10:07
UPS
Target
FIVE
track
country
exclusive
Diversity best bet, no one-size-fits-all solution to energy transition: PM Modi
Prime Minister Narendra Modi has made a renewed pitch for diversity in the energy mix, saying there is no one-size-fits-all solution for a world looking to transition from fossil fuels to cleaner sources like solar and hydrogen. India, the world's third-largest energy consumer, has repeatedly stressed on energy transition being just and orderly and nations having a free hand in decisions on the pathway based on the availability of resources. «Our principle is simple — diversity is our best bet, whether in society or in terms of our energy mix,» he told PTI in an exclusive interview here ahead of the G20 summit. «There are no one-size-fits-all solutions.
03.09 / 10:07
BLOCK
Remark
Corona
country
social
Amit Shah accuses INDIA alliance of insulting 'Sanatan dharma' for votebank politics
Amit Shah on Sunday came down heavily on the INDIA alliance over DMK leader Udhayanidhi Stalin's remarks against 'Sanatan dharma', accusing them of insulting 'Sanatan dharma' for votebank and appeasement politics. Alleging that 'Sanatan dharma' is against equality and social justice, Tamil Nadu Youth Welfare Minister Udhayanidhi Stalin has said it should be eradicated. Addressing a conference in Chennai on Saturday, Udhayanidhi said «Few things cannot be opposed, they should only be abolished. We can't oppose Dengue, mosquitoes, Malaria, or Corona, we have to eradicate them. In the same way, we have to eradicate Sanatana (Sanatan Dharma). Rather than merely opposing Sanatana, it should be eradicated.» Shah said DMK leaders, including the son of Tamil Nadu chief minister, are saying that 'Sanatan dharma' should be abolished. «These people have talked about 'Sanatan dharma' for votebank appeasement. They have insulted ('Sanatan dharma'),» BJP leader Shah said at a public rally in Dungarpur on the launch of the Parivartan Yatra in poll-bound Rajasthan.
03.09 / 10:07
country
Article 370: Kashmir Pandit group questions credentials of petitioner NC leader Mohd Akbar Lone in SC
Supreme Court the credentials of Jammu and Kashmir National Conference leader Mohammad Akbar Lone, one of the petitioners challenging the abrogation of Article 370, claiming he was a supporter of secessionist forces. An intervention application in the apex court has been filed by 'Roots in Kashmir', which claims to be a group of Kashmiri Pandit youths, seeking to bring some additional documents and facts on record in the matter. It alleged that the Jammu and Kashmir National Conference leader Mohammad Akbar Lone is known as «a supporter of secessionist forces operating in J&K, who support Pakistan.» «The petitioner No.
03.09 / 10:07
UPS
Assurant
country
Small traders of Arunachal seek resumption of operation in Indo-Myanmar border haat
Mossang and many of her peers as their source of income from trading activities at Pangsau Pass in Changlang district of Arunachal Pradesh, along the India-Myanmar border, came to a grinding halt in 2020. Not only Mossang but over 100 small traders have been facing difficulties after the border trade with Myanmar stopped with the outbreak of the pandemic. Two years on, they are still running from pillar to post to sustain their families and pleading with the government for early resumption of border trade, which began in 2000. For 46-year-old Mossang, the sudden halt in trading activities at Pangsau Pass came as a «shock» as she and her husband are now facing a tough time running their family. «We are passing through a hard phase of life.
03.09 / 09:43
BLOCK
Remark
Corona
country
social
Home Minister Amit Shah accuses INDIA alliance of insulting 'Sanatan dharma' for votebank politics
Amit Shah on Sunday came down heavily on the INDIA alliance over DMK leader Udhayanidhi Stalin's remarks against 'Sanatan dharma', accusing them of insulting 'Sanatan dharma' for votebank and appeasement politics. Alleging that 'Sanatan dharma' is against equality and social justice, Tamil Nadu Youth Welfare Minister Udhayanidhi Stalin has said it should be eradicated. Addressing a conference in Chennai on Saturday, Udhayanidhi said «Few things cannot be opposed, they should only be abolished. We can't oppose Dengue, mosquitoes, Malaria, or Corona, we have to eradicate them. In the same way, we have to eradicate Sanatana (Sanatan Dharma). Rather than merely opposing Sanatana, it should be eradicated.» Shah said DMK leaders, including the son of Tamil Nadu chief minister, are saying that 'Sanatan dharma' should be abolished. «These people have talked about 'Sanatan dharma' for votebank appeasement. They have insulted ('Sanatan dharma'),» BJP leader Shah said at a public rally in Dungarpur on the launch of the Parivartan Yatra in poll-bound Rajasthan.
03.09 / 09:43
UPS
Digital
Progressive
Platform
country
voice
social
PM Modi's full interview: India PM unfolds views on inflation, G-20 meetings, climate change and more
Prime Minister Narendra Modi by Editor-in-Chief Vijay Joshi and senior editors late last week at his Lok Kalyan Marg residenceQ: The G-20 Presidency has given India the opportunity to promote its vision for a sustainable, inclusive and equitable world, and to raise its profile as a leader in the Indo-Pacific region. With just days left for the summit, please share your thoughts on achievements of Indian Presidency.A: To answer this question, we need to set the context on two aspects. The first is on the formation of the G20. Second is the context in which India got the G20 Presidency. The genesis of the G20 was at the end of the last century. The major economies of the world got together with a vision of a collective and coordinated response to economic crises. Its salience grew even more during the global economic crisis in the first decade of the 21st century. But when the pandemic struck, the world understood that in addition to the economic challenges, there were also other important and immediate challenges impacting humanity.
03.09 / 09:43
UPS
RAI
DAL
country
concert
Ghosi bypoll to see first INDIA bloc-BJP clash in UP
BJP and an INDIA bloc constituent in Uttar Pradesh, with leaders of both sides going all out to drum up support for their candidates for the September 5 Ghosi assembly bypoll. The Congress and the Left parties have not only extended support to the Samajwadi Party (SP) candidate but are also campaigning for him, in accordance with the spirit of the new opposition togetherness ahead of next year's general election. Though not a major force in Uttar Pradesh, Arvind Kejriwal's AAP is also drumming up support for the SP nominee. The BJP's Dara Singh Chauhan, the sitting MLA who crossed over to the saffron party from the SP and resigned from the seat, is seeking re-election.
03.09 / 09:43
Citi
FIVE
CEO
Strategy
IKEA
country
expansion
Ikea eyes omnichannel expansion and local sourcing in India
Ikea is embarking on a multifaceted expansion strategy in India as it enters its second phase of growth in the country. The company's plans include diverse retail formats, online operations in Delhi-NCR by the end of 2024, and increased local sourcing to make its products more affordable for Indian consumers. Susanne Pulverer, CEO of Ikea India, emphasized the company's commitment to long-term growth in the Indian market.
03.09 / 09:11
Twitter
FIVE
country
Rahul Gandhi break silence on ‘one nation, one election’, says ‘an attack on all states’
Rahul Gandhi on Sunday broke his silence on ‘one nation, one election’ debate saying the that idea of it is an ‘attack on the Indian Union and all states’ The Centre on Friday announced that it is exploring options around ‘one nation, one election’. It also formed an committee under Ram Nath Kovind to explore its feasibility and analyze whether it is possible to conduct the Lok Sabha polls with a string of state assembly contests.
03.09 / 09:11
COST
UPS
Enterprise
country
social
'India's economy marked by excessive govt intervention,' Singapore former Dy PM said at NITI lecture in 2016
economic development. Ultimately, India aims to emulate China's success in moving a substantial portion of its population from lower-income status to the middle-income bracket. Also Read: Indian-origin Tharman Shanmugaratnam wins Singapore's presidential election In essence, Tharman Shanmugaratnam pointed out that India's approach to its economy has been characterized by excessive government intervention and inadequate investment in social and human development.
03.09 / 09:11
UPS
Metro
country
G20 Summit 2023: Delhi Metro to sell 'Tourist Smart Cards' for visitors from tomorrow. Details here
G20 Summit 2023: Delhi Metro will be selling 'Tourists Smart Cards' to visitors at 36 stations from 4-13 September. Anticipating the footfall of passengers, the card will be available in two categories--one-day validity and three-day validity cards -- offering "unlimited rides" in the metro network.
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