Country Financial News

By Marta Nogueira

By Xie Yu, Clare Jim and Li Gu

India in rejecting China's new national map, issuing strongly worded statements accusing Beijing of claiming their territory. China published a new version of its national map on Monday to correct what Beijing has in the past referred to as «problematic maps» that it claims misrepresent its territorial borders. India on Tuesday lodged a strong protest with China over its so-called «standard map» laying claim over Arunachal Pradesh and the Aksai Chin, and asserted that such steps only complicate the resolution of the boundary question. The External Affairs Ministry also rejected China's claims as having «no basis». «Just making absurd claims does not make other people's territories yours,» External Affairs Minister S Jaishankar said while reacting to the Chinese move. The Philippine government on Thursday slammed China's 2023 edition of its so-called «standard map» that still shows swaths of Philippine features in the West Philippine Sea. The Chinese Ministry of Natural Resources issued on August 28 a controversial map that includes the nine-dash line, now a 10-dash line, that supposedly shows China's boundaries in the South China Sea. «This latest attempt to legitimise China's purported sovereignty and jurisdiction over Philippine features and maritime zones has no basis under international law, particularly the 1982 United Nations Convention on the Law of the Sea (UNCLOS),» Foreign Affairs Spokesperson Ma.

Siddhartha Lal, managing director, Eicher Motors. Speaking a day before the launch of the iconic Royal Enfield Bullet on Friday, Lal said India already accounts for half the mid-weight motorcycles (250-750 cc) globally. “We saw (early on) that markets like India will become more premium with affordability going up,” he said.

INDIA alliance on Thursday said they have come together to save the Constitution and the democracy in the country, and would evolve a common program as they prepare to take on the ruling Bharatiya Janata Party. A two-day meet of the Indian National Developmental Inclusive Alliance (INDIA) is being held at Grand Hyatt hotel here. Former Bihar chief minister Lalu Prasad Yadav said the need of the hour is to strengthen the unity and sovereignty of the country, and protect the Constitution and democracy.

BRICS last week in Johannesburg, South Africa, the real drama was being played out elsewhere. On one hand, even as Russian President Vladimir Putin was virtually addressing his counterparts, there came news that a private aircraft carrying Russian mercenary leader Yevgeny Prigozhin crashed in Russia, killing all 10 people on board.

Taylor Swift fans that lost out on her «Eras» tour tickets? Don't worry; you'll soon get the opportunity to see things in a new light. Taylor Swift has revealed that a concert film based on her historic tour would be shown in theaters throughout the country on October 13. Swift revealed her enthusiasm in a recent social media post, writing, «The Eras Tour has been the most meaningful, electric experience of my life so far, and I'm overjoyed to tell you that it'll be coming to the big screen soon.» Eras attire, friendship bracelets, singing, and dancing encouraged."AMC, the massive movie theater company, has promised that the picture will be shown at least four times per day on Thursdays, Fridays, Saturdays, and Sundays in all of its theaters across the United States. Tickets for these screenings are currently on sale, and AMC has made considerable improvements to its website and ticketing processes to accommodate the anticipated high demand.

₹50 per kg in some places, down from ₹250 not too long ago. But the shock waves linger.

Israeli sabotage plot aimed at Iran's ballistic missile production. Several agents involved in the alleged plot have been arrested, according to state media reports. The Iranian authorities claim that the plan involved selling faulty components to Iran that would have led to the destruction of the missiles. The alleged Israeli operation comes amidst a history of tension and hostilities between Iran and Israel, with both nations being engaged in a covert battle of sabotage and accusations.

The Taliban say they have signed mining contracts worth billions of dollars in Afghanistan

Unified payments interface (UPI)has crossed the historical mark of 10 billion transactions for the first time in the month of August, National Payments Corporation of India (NPCI) said on Thursday. «Drumroll please! UPI has just shattered records with an astonishing 10 billion plus transactions. Join us in celebrating this incredible milestone and the power of digital payments.

Bank of Baroda. “At any rate, July-August are normally the months when there is heaviest rain and, hence, the deficit in August will have far-reaching impact." For the week ended Wednesday, India recorded a precipitation of 30.7 mm, 40% lower than the long period average (LPA). Higher water levels are critical for the agriculture sector, with farmers largely depending on reservoirs for irrigation.

By Ahmad Ghaddar

Launched by Prime Minister Narendra Modi on 9th August, the nationwide campaign is conceived as a culminating event of the ‘Azadi Ka Amrit Mahotsav’ to pay tribute to those great leaders who have made the supreme sacrifice for the motherland. The State government successfully collected Maati or soils from all its 16 districts, including the hotbed of the recent violence — Churachandpur, Tengnoupal, Kangpokpi and Pherzawl- and symbolically displayed the territorial integrity of Manipur, represented by the soils and each district adorning the tricolor flag to depict the core concept of One Nation. The focus of the programme, held on Thursday at the Manipur State Film Development Society in Imphal was the display of the 388 different batches of soils collected from the 16 districts and homage offering to the soils by the dignitaries attending the national wide campaign, comprising cabinet ministers, MLAs and top bureaucrats of the State. As part of the campaign, soils from the State would be taken to Kartavya Path in New Delhi where a unique Amrit Vatika would be developed by planting different indigenous trees in the mixture of the different soils brought of every part of the country. Addressing the gathering, chief minister N Biren Singh emphasized the importance of collective efforts towards the nation building and development.

public health officials in Germany are raising the alarm over an unexpected uptick in cigarette smoking—including among the young—that started in the wake of the Covid-19 lockdowns. The overall smoking rate in Germany was just over 34% in July, according to the most recent findings from Debra, a bimonthly survey funded by the German Health Ministry. In March 2020, the rate was 26.5%.

Investing.com — Oil prices rose Thursday, boosted by a large drop in U.S. crude inventories and further signs of supply tightness, outweighing a slowdown in China's manufacturing activity.

Supreme Court Committee on Prison Reforms has said, underlining that speedy trial can become an effective tool to address the issue of overcrowding in jails.

India is one of the biggest edtech centres in the world and is among the key markets of US-based Anthology, its recently-appointed CEO Bruce Dahlgren said. Anthology, a global edtech company, is operational in 80 countries and has 150 million consumers. It is present in India since 2000 and has three offices — two in Bengaluru and one in Chennai. «I made it a point to ensure that I come to India in my first few weeks itself because of the importance of technology and the people here,» Dahlgren, who is visiting the country for the first time after taking charge of the Florida-based company a few weeks earlier, told PTI. Without sharing details about its India presence, the company said they are among the global leaders in the edtech sector. Dahlgren said more than 25 per cent of its employees are Indian. «Much of the innovation and concepts around the future come from India.

ALSO READ: Weather update: IMD predicts heavy rains in THESE states from 2 September. Check forecast here Mohapatra claimed that even if the rainfall in September was to remain on the higher side, the June-September seasonal rainfall average is expected to be below normal for the season.

digital economy and exports, including a cross-border logistics partnership with India Post. According to a report by ET Government, the plan extends e-commerce export opportunities to numerous small enterprises, while also collaborating with Indian Railways for faster delivery. Reportedly, Amazon aims to introduce AI-based seller assistance and open logistics capabilities for D2C brands.

₹5,010 crore from the 40 applicants, including global IT hardware companies such as Dell and HP that are participating directly under the revised production-linked incentive scheme. Other major players such as HPE, Lenovo, Acer, ASUS, Thomson were participating through electronics manufacturing services providers or contract manufacturers including Flextronics and Rising Stars, a unit of Foxconn Technology Group in India. Officials added that Indian companies such as Padget, a subsidiary of Dixon Technologies, VVDN, Netweb, Syrma, Optiemus Technologies, Sahasra, Neolync, Panache, Sojo, a unit of Lava mobiles, and Kaynes have also participated in the scheme which will get impetus from the strong IT services industry which was driving the demand within the country.