Country Financial News

International Cricket Stadium in Kandy. The match had to be halted after India posted a total of 266 runs when the rain returned. Ishan Kishan performed admirably, notching up a splendid 82 off 81 deliveries, while Hardik Pandya contributed 87 runs off 90 balls.

Narendra Modi has said it is natural for India to hold G20 meetings in every part of its territory as he dismissed Chinese objections over some of the events being organised in Kashmir and Arunachal Pradesh. As part of its efforts to showcase India's cultural and regional diversity at a global stage, the Modi government has hosted G20 events across the country's length and breadth.China, a G20 member, and Pakistan, which is not a member of the bloc, had objected to the decision to hold one of the events in Kashmir, which they call «disputed». China also disputes India's sovereignty over Arunachal Pradesh.

India's rich agricultural heritage and taste a millet-based feast prepared by renowned celebrity chefs. A majority of G20 leaders, including US President Joe Biden, French President Emmanuel Macron, Australian Prime Minister Anthony Albanese, German Chancellor Olaf Scholz, UK Prime Minister Rishi Sunak and Japanese PM Fumio Kishida, have already confirmed their participation at the summit. According to official sources, the first ladies and spouses of the dignitaries will be guarded by the specially-trained men and women commandos of another paramilitary force — Sashastra Seema Bal (SSB). The first ladies and spouses of the participating heads of G20 countries have been extended a special invitation to an agriculture exhibition, said a senior government official associated with preparations. They will have a unique opportunity to savour a millet-based feast prepared live by renowned celebrity chefs, including Kunal Kapur, Ajay Chopra and Anahita Dhondy. Joining these chefs will be two culinary experts from the ITC group — Kusha Mathur and Nikita Mehra. In the 'Live Cooking Area', the chefs will prepare a 'full course meal' with a focus on millets. From appetisers, salads, and main courses to desserts, the magic of millets will be showcased in its full glory. The special guests will also get a first-hand experience of making rangoli using millets with two distinct themes — «Harmony of Harvest» and «Unity in Sustenance». «The Ministry of Agriculture is adding a vibrant touch to the G20 Spouses Program at the NASC Complex with two exquisite millets based rangolis,» the official said. These artistic creations will not only showcase India's expertise in integrated farming systems but will also highlight its significant role

climate crisis. This makes the G20 Leaders’ Summit in New Delhi this week even more important. Delegates will arrive in a country hit hard by climate extremes this year.

Debt crisis is a matter of great concern for the world, especially developing countries, Prime Minister Narendra Modi has said, as India looks at building consensus at the upcoming G20 summit to evolve a tangible framework to help the debt-ridden low income economies. In an exclusive interview to PTI late last week, Modi said India's G20 presidency has placed a significant emphasis on addressing the global challenges posed by debt vulnerabilities, especially for nations in the Global South. «The debt crisis is indeed a matter of great concern for the world, especially developing countries. Citizens from different countries are keenly following the decisions being taken by governments in this regard. There are some appreciable results too,» Modi said. «First, countries that are going through debt crisis or have gone through it, have begun to give greater importance to financial discipline,» Modi said. «Second, others who have seen some countries facing tough times due to the debt crisis are conscious of avoiding the same missteps,» Modi said. Under its G20 presidency, India has been consistently highlighting the need for a framework on debt restructuring to help countries facing mounting debt problems.

Modi has made a strong pitch for altering the approach on climate talks, from restrictive to constructive, and urged nations not to focus on «don't do this or that». In an interview to PTI ahead of the G20 Leaders' Summit this weekend, the prime minister said there was no «one-size-fits-all» solution to fight climate change. The prime minister said India has left no stone unturned in meeting its climate goals despite accounting for less than five per cent of the cumulative emissions. «So, we are certainly on track while also tailoring in various factors needed to ensure growth,» he said. «We are perhaps the first among the G20 countries to have achieved our climate targets nine years ahead of the scheduled date,» the prime minister said. He said India's action against single-use plastic has been recognised across the world and has also made great strides in safe sanitation and cleanliness.

1) Company OverviewThe company is engaged in the business of manufacturing and supplying polypropylene woven fabric-laminated, polypropylene woven sacks, PP woven bags, PP woven bags with liners, printed laminates for flexible packaging, woven polymer-based products of different weights, sizes, and colors as per customer’s specifications.2) Industry OverviewIn India, packaging is the fifth largest sector in its economy and is one of the highest-growth sectors in the country. According to the Packaging Industry Association of India (PIAI), the sector is growing at a CAGR of 22% in the last few years.3) Issue sizeThe IPO is entirely a fresh equity issue of up to 7.2 lakh equity shares aggregating to Rs 5.76 crore.4) Price BandThe company will offer its shares at a price band of Rs 80 apiece, and investors can bid for 1,600 shares in one lot.5) Financial performanceFor the period ending December 2022, the company has recorded revenues of Rs 13.52 crore and net profit of Rs 57 lakh.6) Objects of the offerThe net proceeds from the public offer will be used to meet working capital requirements and other general corporate purposes.7) Lead managers and RegistrarHem Securities is acting as the lead manager to the issue, while Purva Sharegistry is the registrar.8) Issue StructureAbout 50% of the offer is reserved for retail investors, and the rest for other investors.9) Important DatesThe IPO opens on September 6 and closes on September 8.

Bill Richardson, a seasoned Democratic politician and renowned diplomat, has passed away at the age of 75. With a career that spanned the halls of power in the United States and the global stage, Richardson left an indelible mark on diplomacy and international relations. Here's a closer look at his remarkable journey.

debt problems gripping a number of developing world nations will be a core topic during the G20 summit in Delhi next month. Below is a look at countries currently facing problems.

G20 Summit in India on September 9-10, they will have the opportunity to indulge in the tantalizing flavors of Indian street food and savor innovative millet dishes. This culinary extravaganza is set to take place at the Bharat Mandapam, where an array of climate-resistant and highly nutritious millet recipes, grown across the country, will be on display. Not only will this summit address crucial global issues, but it will also offer a unique gastronomic experience.

Narendra Modi on Sunday said that the theme of India's G20 Presidency ‘Vasudhaiva Kutumbakam’ is not just a slogan but a comprehensive philosophy derived from the country's cultural ethos. India is all set to host the G20 Summit at the Pragati Maidan on September 9 and 10. In an exclusive interview with PTI, PM Modi said, “India's G20 Presidency also sowed seeds of confidence in countries of the so-called third world.

Russia's military, the deputy chair of the Russian Security Council, former President Dmitry Medvedev, said on Sunday. Visiting Russia's Far East, Medvedev said he was meeting local officials to work on efforts to beef up the armed forces. «According to the Ministry of Defence, since Jan. 1, about 280,000 people have been accepted into the ranks of the Armed Forces on a contract basis,» including reservists, state news agency TASS quoted Medvedev as saying. Last year Russia announced a plan to expand its combat personnel more than 30% to 1.5 million, an ambitious task made harder by its heavy but undisclosed casualties in Moscow's war against Ukraine. Some Russian lawmakers suggested Russia needs a professional army 7-million strong to ensure the country's security — a move that would require a huge budget allowance.President Vladimir Putin ordered a «partial mobilisation» of 300,000 reservists in September 2022, prompting hundreds of thousands of others to flee Russia to avoid being sent to fight.

Indian Space Research Organisation (ISRO) on Sunday said the first earth-bound firing to raise the Aditya-L1 orbit has been completed successfully. The space agency asserted that the satellite is healthy and operating nominally. In a post on X said, ISRO said, «The first Earth-bound maneuvre (EBN#1) is performed successfully from ISTRAC, Bengaluru. The new orbit attained is 245km x 22459 km.

Indonesia has introduced a golden visa scheme. It has taken this step to boost its national economy, a statement from the ministry of law and human rights said. «The golden visa is granting a residence permit for an extended period of five to 10 years,» director general of immigration, Silmy Karim said in the statement. To be eligible for the five-year visa, an individual needs to set up a company worth $2.5 million. If you want a 10-year visa, an investment of $5 million would be required. Corporate investors are required to invest $25 million to get five-year visas for directors and commissioners. They need to invest double, or $50 million, to gain a 10 year visa. If you do not want to invest and still be eligible for the golden visa, you can purchase the Indonesian government bond ranging from $350,000 to $700,000.

‘Sanatana Dharma’ and called it a ‘mischievous spin’. According to Chidambaram, Sanathana Dharma is a code for a ‘Caste Hierarchical Society’. In a post on X (formerly Twitter), the Congress MP said, “In the common parlance of TN ‘Sanathana Dharma’ means Caste Hierarchical Society." “Why is it that everyone who is batting for “SD" comes from the privileged segment who are beneficiaries of the “Hierarchy" There was no call for “Genocide" against anyone, this is a mischievous spin," he further wrote on X.

Hindustan Times, it is known that PM Modi is inclined to arrange a dinner for one of his close friends and a lunch for the other, but the actual timing of these events will be contingent on President Biden's arrival schedule on Friday and President Macron's departure to Dhaka on Sunday, following the conclusion of the G-20 summit. President Biden is set to be extended an invitation for dinner on Friday, though the timing may take into account any potential jet lag.

Spouses of heads of state from around the world, who will gather for the upcoming G20 Summit, are in for a treat as they will be hosted to a special lunch at the historic Jaipur House. This exclusive event is set to take place on the sidelines of the main summit, providing a unique cultural and culinary experience. The G20 Leaders' Summit, a pivotal global event, is scheduled for September 9-10 at the newly-constructed Bharat Mandapam, located within the Pragati Maidan complex.

Indian Air Force aircraft performed air-to-air refuelling of Egyptian Air Force Aircraft on Sunday. The IAF IL-78 air-to-air refuelling aircraft took part in the ongoing Bright Star-23 Exercise in Egypt. Sharing the photos of the air-to-air refuelling on X, formerly Twitter, IAF said, “Showcasing the bonds of friendship in the skies over Egypt during Exercise Bright Star, where the Indian Air Force IL-78 air-to-air refuelling aircraft refuelled aircraft from the Egyptian Air Force".

Australia's Covid-era visa will be stopped from the beginning February 2024, the government announced recently. Announcing the same in a statement, Home Affairs Minister Clare O'Neil and Immigration Minister Andrew Giles said, "From February 2024, the visa will be closed to all applicants. This will provide certainty to our visa system now that the circumstances that drove the operation of the visa no longer exist." In 2020, Australia introduced the Pandemic Event visa (subclass 408) to aid stranded international students and address labor shortages amid pandemic-induced border closures.

Pakistan during Saturday's washed-out match. Recalling his playing days, Gambhir advised the players to keep their friendships away from the boundary ropes.

Andhra Pradesh late Y S Rajasekhara Reddy introduced and implemented several welfare schemes helping the poor that were the key policies of the party. His (Rajasekhara Reddy) commitment to the farmers and the poor was unparalleled, Singh, said during a book release function organised here on the occasion of Reddy's death anniversary on Saturday. «Today as we pay homage to Rajasekhara Reddy, let us be very clear that the policies that he implemented were the policies of the Congress party, were the policies of Mahatma Gandhi and Jawahar Lal Nehru.