Country Financial News
23.08 / 16:55
UPS
Lowe's
country
What is a BRICS currency, and could one be adopted?
BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange rate fluctuations. Luiz Inacio Lula da Silva made the proposal at a BRICS summit in Johannesburg. Officials and economists have pointed out the difficulties involved in such a project, given the economic, political and geographic disparities between Brazil, Russia, India, China and South Africa.
23.08 / 16:55
country
BJP chief Nadda praises scientists' immense abilities, PM Modi's tireless efforts for moon mission success
BJP president J P Nadda hailed ISRO scientists and lauded Prime Minister Narendra Modi's leadership for Chandrayaan-3's successful landing on the moon, asserting the world now recognises India as a power in space technology. India is creating new feats of success under Modi's leadership and carving a unique identity for itself, he said and described the success of the mission as true to the mantra of 'Aatmanirbhar Bharat'. The success was not possible without Modi's tireless efforts and the immense ability of our scientists.
23.08 / 16:55
Provident
FIVE
Booking
Pool
awards
country
social
Infosys Foundation felicitates eight social innovators with third edition of Aarohan Social Innovation Awards
Infosys Foundation announced the winners of the third edition of its Aarohan Social Innovation Awards on Wednesday. The eight winners across Education, Healthcare and Women empowerment categories, shortlisted over a pool of 2,400 entries, received Rs 50 lakh each in prize money.Infosys Foundation founder Sudha Murthy said compassion is the basis of the foundation's work.
23.08 / 16:15
UPS
Lowe's
country
analysts
Saudi Arabia will likely roll over 1 mln bpd cut into October, analysts say
OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, agreed a broad deal in early June to curtail supplies until the end of 2024. Saudi Arabia at the time announced the additional voluntary cut which brought its oil production to a multi-year low of 9 million bpd. Earlier this month, Riyadh extended the voluntary cut into September, with the energy ministry saying that it could be «extended, or extended and deepened». «We think Saudi Arabia will extend the cut in full at least through October,» Richard Bronze, analyst at consultancy Energy Aspects said. «The kingdom is adopting a cautious approach after the weakness in oil markets over the first half of the year and will want to see global inventories significantly decline before starting to unwind the additional voluntary cuts,» he added. The Saudi energy ministry did not immediately respond to a request for comment. Brent oil prices in July were up 14% on the previous month, the biggest monthly increase since January 2022.
23.08 / 16:15
23.08 / 16:15
CEO
composer
LEH
country
musician
Bandhan Bank opens branch in Leh, Ladakh
Bandhan Bank opened its branch in the Leh district of Union Territory (UT), Ladakh, marking its presence in 35 of the 36 states and UTs of India, the bank announced on Wednesday. On its eighth foundation day, Bandhan Bank also opened another branch in Srinagar, J&K. «It has been a great ride in these eight years of Bandhan Bank. With the opening of our Leh branch, we have established our presence in another union territory and enhanced our presence,» said Bandhan Bank's Founder, MD and CEO, Chandra Shekhar Ghosh. The bank will continue to expand its footprint to reach a wider population across the country, he added. The bank also boasts to have a strong network across the country with more than 6100 banking outlets and 3 crore customers. Inauguration of its new branches was not all of it.
23.08 / 16:15
SUN
Remark
Celebrity
country
star
mars
ISRO sets sights on Sun, Venus and Mars: Successful moon landing boosts India's space ambitions
Indian Space Research Organisation (ISRO), has made a significant advancement and marked a turning point in the country's space efforts. This victory has given ISRO officials a newfound drive as they fervently prepare for their next challenging mission, one that intends to investigate the Sun, the fiery core of our solar system. The Aditya-L1 spacecraft, a remarkable venture as India's first space-based solar observatory, currently resides at the Sriharikota rocket port, meticulously undergoing preparations for its impending launch.
23.08 / 16:07
Target
Action
country
Vegetable prices to ease by September, RBI keeping close vigil on inflation: Governor Shaktikanta Das
vegetable prices that caused an alarming spike in the latest monthly consumer inflation assessment should start easing next month following the arrival of fresh crops and join the broad directional trend on core inflation, Reserve Bank of India Governor Shaktikanta Das said Wednesday, but higher-than-mandated prints for the price gauge have lengthened the odds on a rate cut through the latter half of FY24. «On the positive side, inflation excluding food and fuel (core inflation) has softened by around 130 basis points from its recent peak. Although it is still elevated at 4.9 per cent, this steady easing of core inflation indicates tight monetary policy is working,” Governor Das said while delivering the Lalit Doshi Memorial Lecture in Mumbai.
23.08 / 16:07
Landmark
Odyssey
Uncharted
country
exclusive
Home Minister Amit Shah hails successful landing of Chandrayaan-3
Amit Shah on Wednesday hailed the successful landing of Chandrayaan-3 on the lunar surface and said with this, India became the first nation to touch the south pole of the moon. In a giant leap for its space programme, India's moon mission Chandrayaan-3 touched down on the lunar south pole at 6.04 pm, propelling the country to an exclusive club of four and making it the first country to land on the uncharted surface. «As the world watches Chandrayaan-3 script India's epoch in space, I express my heartfelt gratitude to ISRO and our scientists for their undeterred efforts to make this mission a historic success. »This landmark achievement is not only a testament to the power of Indian genius but it also launches India's voyage through the Amrit Kaal to emerge as a global leader in the realm of space, as envisioned by Prime Minister Narendra Modi Ji," Shah wrote on 'X'. The home minister said India became the first nation to touch the south pole of the moon with the success of the Chandrayaan-3 mission. «The new space odyssey flies India's celestial ambitions to newer heights, setting it apart as the world's launchpad for space projects.
23.08 / 16:07
Cooper
Progressive
Align
Pride
stage
country
blues
India to become the global epicentre of blue economy: Union minister Sarbananda Sonowal
blue economy, the Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal said that India stands poised as the driving force shaping the next chapter in South Asia's maritime history, evolving into the global epicentre of the blue economy. He delivered a special address at a pre-event roadshow held at Visakhapatnam. Being a precursor to the upcoming Global Maritime India Summit 2023 (GMIS) 2023, the event spotlighted the strategic significance of fostering maritime growth and connectivity in the region. Sonowal underscored the importance of nurturing both worldwide and local collaborations while driving investments within the maritime sector.
23.08 / 16:07
UPS
Waters
film
Actor
country
star
song
Shah Rukh Khan pens sentimental tribute as Chandrayaan-3 makes historic moon landing
space endeavors, Chandrayaan-3 has successfully executed a soft landing near the moon's South Pole, marking a momentous event in the country's space history. Amid the flood of emotions that have swept over the internet, Bollywood icon Shah Rukh Khan found the perfect lines from one of his songs to encapsulate this historic moment. Drawing inspiration from "Chaand Taare," a song featured in his 1997 film 'Yes Boss,' Shah Rukh Khan expressed his sentiments.
23.08 / 15:57
Target
ETF
Airlines
Hawaiian
stage
country
4 Airline Stocks Ready to Take Off With 50%+ Earnings Surge
With most sectors within the travel industry finally surpassing pre-pandemic levels of activity in 2023, our focus turns to the some of the greatest beneficiaries of this upswing: a selected quartet of airline stocks expected to post earnings growth of more than 50% this year.
23.08 / 15:57
23.08 / 15:57
Platform
RIG
show
track
country
Oil: U.S. stocks down 6M barrels, output at new 3-year high
Investing.com — U.S. crude stocks fell by just over six million barrels last week, more than double the level forecast. But output of oil in the largest producing country hit new three-year highs, a government report showed on Wednesday, as supply-demand of the commodity remained volatile from persistent Saudi attempts to squeeze a market at a crossroads due to the sluggish economy in top importing nation China.
23.08 / 15:51
Citi
Booking
country
G20 Summit: Banks in Delhi to remain closed on THESE dates
Delhi government also announced public holidays in schools from 8-10 September. As per the orders that are yet to receive the LG's nod, all offices of the city government and the Municipal Corporation of Delhi and private offices will remain closed.
23.08 / 15:51
FIVE
Digital
Platform
Remark
CAT
country
Cooperation
Modi offers five-point cooperation plan to BRICS countries
Narendra Modi on Wednesday proposed five points for further cooperation between BRICS countries during his remarks at a plenary session of the 15th BRICS Summit. The first area of cooperation suggested by the Prime Minister was in space. “We are already working on the BRICS satellite constellation.
23.08 / 15:51
Citi
Provident
Remark
Metro
stage
country
audience
Expanding Horizons: Gola Sizzlers' Journey of Growth and Culinary Delights
Gola Sizzlers, renowned for its award-winning sizzlers and remarkable dining experiences, has firmly established its dominance in the bustling Delhi-NCR region with outlets located in Connaught Place, Khan Market, Rajouri Garden, Preet Vihar, Pacific Mall – NSP – Tagore Garden - Jasola, DLF Mall of India-Noida, Dlf Cyberhub Gurgaon, Ambience Mall-Gurgaon and Sector 29-Gurgaon, Indirapuram Habitat Centre. These strategic locations ensure that the brand's distinctive flavours and top-notch quality are accessible to food lovers across the city.
23.08 / 15:51
Lowe's
BLOCK
Maxim
country
Power
Imported coal-based power plants asked to operate at full capacity till Oct
New Delhi: The power ministry has directed imported coal-based power plants to operate at full capacity till 31 October, due to rising power demand. This directive was issued in February of this year, with an initial deadline of 15 June, which was later extended until September. This extension comes against the backdrop of the peak power demand in the country hitting fresh record highs this month.
23.08 / 15:51
Southern
country
social
ISRO scripts history; world leaders react to Chandryaan-3's successful landing
Narendra Modi and the Indian Space Research Organisation (ISRO) on the successful landing of Chandrayan-3 on the surface of the moon on Wednesday. Nepal PM took to his social media 'X, (formerly known as Twitter), and said, "I congratulate Prime Minister Shri Narendra Modi ji and ISRO team of India on successful landing of Chandrayan-3 in the surface of the moon today and unleashing of a historic achievement in science and space technology." Foreign Minister of Maldives, Abdulla Shahid congratulated PM Modi on the success of ISRO's Chandrayaan-3 mission.
23.08 / 15:51
FIVE
country
voice
expansion
PM Modi backs BRICS expansion, calls for consensus based move
Narendra Modi Wednesday called for the expansion of the five-nation grouping, while addressing the opening plenary session of the 15th BRICS summit in Johannesburg. He emphasized that India has given highest priority to countries of Global South under its G20 presidency. “India fully supports the expansion of BRICS and welcomes move to move forward on this based on consensus," the Indian prime minister said.
23.08 / 15:51
Waters
country
Chandrayaan-3 releases new images of Moon taken during landing event. See here
ISRO releases images of the Moon taken by the Lander Horizontal Velocity Camera of Chandrayaan-3 during the descent The communication link is established between the Ch-3 Lander and MOX-ISTRAC, Bengaluru, says ISRO. With the successful landing on the moon, India has become the fourth country to master the technology of soft-landing on the lunar surface after the US, China and the erstwhile Soviet Union.
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