Country Financial News

Yevgeny Prigozhin, when he lost his life ina plane crash, just two months after he led a rebellion towards Moscow, aiming to overthrow the Russian military leadership. There also have been reports of prominent Russian executives dying under mysterious circumstances, including falling from windows, although whether they were deliberate killings or suicides is sometimes difficult to determine. The attacks range from the exotic — poisoned by drinking polonium-laced tea or touching a deadly nerve agent — to the more mundane of getting shot at close range.

₹4,527.68-crore loan to set up a 1,320-MW project at Raghunathpur in West Bengal. "Power Finance Corporation (PFC) and Damodar Valley Corporation (DVC) have successfully executed a loan agreement amounting to ₹4,527.68 crore.

By Chijioke Ohuocha

Republican presidential candidate Nikki Haley backed an increase in the retirement age that would be tied to life expectancy as a way to counter rising U.S. government debt a day after her standout performance in the first GOP debate.

Supreme Court Friday said it will strengthen its 2018 guidelines for dealing with mob violence, hate speeches and lynching to ensure that culprits are dealt with equally, irrespective of their communities for their public utterances spreading bigotry. In a significant verdict on a plea by activist Tehseen Poonawalla, the top court had on July 7, 2018 issued a slew of guidelines to curb hate crimes, and directed states and union territories to take preventive and remedial measures like appointment of nodal officers in each district to keep a tab on such activities. The top court on Friday asked the Centre to collate details from states and UTs on compliance of its 2018 verdict in three weeks.

Indian Space Research Organisation (ISRO) on Friday said that the planned Rover movements have been verified and it has travelled a distance of nearly eight meters on the Moon. «All planned Rover movements have been verified. The Rover has successfully traversed a distance of about 8 meters.

By Maria Martinez

India and Greece plan to double their bilateral trade by 2030, announced Prime Minister Modi during his official visit to the country on Friday. The bilateral trade stood at nearly $2 billion in 2022-23. India mainly exports aluminum, organic chemicals, fish and crustaceans and iron and steel to Greece, among other things.

Ethereum (ETH) is the second-largest cryptocurrency by market capitalization and the most widely used platform for smart contracts and decentralized applications. Ethereum has been undergoing a major upgrade called Ethereum 2.0, which aims to improve its scalability, security, and energy efficiency. Ethereum 2.0 is expected to be fully launched by the end of 2023, which could boost the demand and value of Ethereum (ETH).

HONG KONG/BEIJING (Reuters) -Chinese authorities are planning to cut stamp duty on stock trading by as much as 50%, three people with knowledge of the matter said, in a further attempt to revitalise the country's struggling stock market.

DUBAI (Reuters) — Qatar is balancing its relationships with both the United States and China and one link does not damage the other, Prime Minister Sheikh Mohammed Bin Abdulrahman al-Thani said on Friday.

In this video, we delve into India's remarkable gr... moreIn this video, we delve into India's remarkable growth in National Highways and its impact on the country's economy.

By Natalie Grover

Chandrayaan-3 mission has put India back on the map! India made history on August 23 when the spacecraft successfully landed on the South Pole of the moon's surface, making India the first country to have achieved this momentous achievement. The world hasn't stopped praising the efforts of the Indian Space Research Organisation (ISRO). Recently, Bridgewater Associates founder Ray Dalio — who is also the author of the No. 1 New York Times bestseller 'Principles,' shared his two cents on the highly aspirational lunar mission. Congratulating India, the owner of the asset management firm said that the successful lunar mission is just one of the many straws in the wind, «showing its ascendence.» He said that the country scores the highest on its projected growth rate of about 7 per cent over the next 10 years. Dalio, who is credited for building the world's largest hedge fund, that India has all the «right mix of ingredients» which will prove its mettle.

Pakistan's SereneAir is offering additional 10 kg baggage allowance on its flights operating from UAE to Pakistan. This special offer is valid till 30 Sept 2023 only.

Indians were granted a total of 17,379 work visas last year, Federal Foreign Office of Germany said. Germany granted a total of 152,336 national work visas to foreigners in 2022, representing a significant increase compared to 2021. Out of the total visas issued to Indians, 8,613 work visas were granted by the German Consulate General in Bangalore. The second-highest number of work visas for Indians was granted by the German Consulate General in Mumbai (3,013), followed by the Consulate General in Chennai (2,483), the German Embassy in New Delhi (2,434), and the German Consulate in Kolkata (836). Turkish nationals are the second-largest beneficiaries of work visas issued by Germany followed by Bosnians, Kosovars, Russians, Albanians, and North Macedonians. This comes at a time when German cabinet on Wednesday passed a draft bill to ease the citizenship law, hoping a faster track to German nationality will attract skilled migrants to plug chronic labour shortages holding back Europe's biggest economy. Some experts caution that progress may be slow, noting parts of Germany's administrative machinery are already creaking under a big backlog of existing citizenship applications.

BRICS 15th Summit in Johannesburg, South Africa and addressed the event virtually. In the BRICS 15th Summit the Russian delegation was led by Russia's Foreign Minister Sergey Lavrov.

Narendra Modi was conferred with the Grand Cross of the Order of Honour by Greek President Katerina N. Sakellaropoulou in Athens on Friday, the prime minister's office said.

Mint reported concerns on behalf of the I&B Ministry in this regard. “With the World Cup and Asia Cup around the corner, there will be more of an emphasis on this.

BJP on Friday rejected Rahul Gandhi's charge that China has encroached on Indian territory as baseless and absurd, as it asserted that it is the opposition party which has committed «historic, unpardonable crime» in dealings with Beijing. BJP spokesperson Sudhanshu Trivedi quoted from selected works of first prime minister Jawaharlal Nehru to say that his government had sent over 3,500 tonnes of rice in 1952 for the consumption of the Chinese Army which was «starving». He also asked the Congress to release its reported agreement with the Chinese Communist Party when the UPA was in power. Addressing a press conference, he alleged that the decision to send rice for the Chinese Army when India's relations with China had started getting strained was not a mistake but a «historic and unpardonable» crime. Gandhi has a habit of making baseless and absurd comments about China, he said, adding that the former Congress president makes remarks on India, its people and the RSS in a similar vein. During the Doklam crisis, he had met the Chinese ambassador, Trivedi said. The BJP leader asserted the government under Prime Minister Narendra Modi has notched up unprecedented success in its handling of India's military, diplomatic and economic affairs. The Congress has always tried to weaken the country when in the opposition, he said and asked the party to learn from the BJP which supported the then governments during crisis involving neighbours be it Pakistan or China. While the Congress government refused to punish Pakistan for its support to terrorism as it thought that this will harm peace talks, Modi's policy is that terror and talks cannot go together.

Arun Ramchandani, Executive Vice-President, L&T Defence, says “we have got a few good breakthrough orders this year. We see a lot of interest in our products, mainly in the artillery systems. A lot of them are in fire control systems, some of the defence electronics, upgrading of a lot of legacy weapon systems are there around the world. We see the potential for exports to grow as a percentage of our order book.”Let us talk about your order book position in the defence space and how the contribution is rising over the years from 3.8%. What kind of visibility do you have for major orders in the pipeline? The defence order book is looking very healthy.