Country Financial News
18.08 / 15:09
DOW
country
Did the U.S. Really Oust Pakistan’s Imran Khan?
Reality is much more prosaic. Mr. Khan and Gen.
18.08 / 15:09
UPS
Citi
Lowe's
Manufacturing
country
social
What’s Holding Back India’s Economic Ambitions?
Many countries have followed a similar economic trajectory: As they develop, women increasingly enter the workforce, further fueling the country’s upward climb. It happened in China, Japan and South Korea in the latter half of the 20th century. The U.S.
18.08 / 15:09
UPS
Provident
Ball
Gap
show
country
Centre
Centre sets ball rolling for offshore wind projects, seeks bids to survey sites in Tamil Nadu
renewable energy (MNRE) has sought bids for survey of sites identified for offshore wind power projects in Tamil Nadu. A notification released by the ministry showed that the government plans to bid out projects of 4 GW capacity on 1 December, 2023. Further, in the next financial year, the government plans to bid projects with total capacity of 3 GW.
18.08 / 14:21
UPS
NYSE
SoftBank
country
WeWork in last-ditch attempt to save NYSE listing
WeWork the troubled co-working company on the brink of collapse, is moving forward with a 1-for-40 reverse stock split in a bid to save its listing on the New York Stock Exchange.
18.08 / 14:07
COST
country
Power
Power minister inaugurates 660 MW unit of Barh super thermal power project
renewable energy R. K. Singh on Friday dedicated to the nation a 660 MW Unit of Barh Super Thermal Power Project at Barh in Bihar.
18.08 / 14:07
UPS
Provident
Digital
Strategy
Matthews
country
One Point One Solutions Q1 net grows by 1.42 times to ₹4.32 crore
Mumbai, August 17, 2023: One Point One Solutions, a Business Process Management (BPM) service provider, has reported that its net profit in the June quarter was doubled to ₹4.32 crore as compared with ₹1.79 crore in the year-earlier period, up 141%. Total income during the quarter ended June 30, 2023 increased 14.81% to ₹40.24 crore, as compared with ₹35.05 crore a year ago. EBITDA was at ₹12.81 crore, as compared with ₹8.63 crore in the same period the year earlier, up 48.44%.
18.08 / 13:43
country
Government to sell tomatoes at ₹40 a kg from 20 August
₹40 per kg for retail consumers from 20 August. The decision by the Department of Consumer Affairs follows a decline in wholesale rates.
18.08 / 13:43
Provident
Aware
CEO
Gap
performer
stage
country
SKY Leads the Mission ‘OMEGA SUFFICIENT NATION’ with Healthyr-U by Zuventus
Healthyr-U seeks to empower individuals in their journey towards overall well-being. Healthyr-U's initial focus was on identifying the prevalent health gap of high Omega-3 deficiency, one of the reasons for the development of chronic diseases.
18.08 / 13:43
COST
UPS
FIVE
Digital
Enterprise
country
G20 trade and investment ministerial meeting to begin in Jaipur from 24 August
New Delhi: The G20 Trade and Investment Ministerial Meeting will be held in Jaipur on 24-25 August. The meeting will be preceded by the fourth and last Trade and Investment Working Group (TIWG) meeting under India’s G20 Presidency on 21-22 August, the ministry of commerce & industry said.
18.08 / 13:43
UPS
Booking
show
track
country
Is China’s Data Manipulated, or Flawed? Maybe Both
unemployment rate for China’s youth reached an all time record of 21.3% in June. China’s National Bureau of Statistics responded by ceasing publication of the rate. The move calls attention to the lengths to which Beijing will go to suppress unflattering information, in this case the economic distress facing China’s young people.
18.08 / 13:23
UPS
Provident
Waves
performer
country
Investors Fear China’s ‘Lehman Moment’ Is Looming
black box. They don’t have periodic disclosures, it’s a private company, and some investors don’t know what kinds of assets they’re investing in," said Xiaoxi Zhang, an analyst at Gavekal Research. The group’s difficulties, coming on the heels of the financial distress at Chinese property giant Country Garden Holdings, have fueled worries about China’s shadow-banking system and how intertwined it is with the property sector.
18.08 / 13:23
country
Government to tomatoes sell at ₹40 a kg from 20 August
₹40 per kg for retail consumers from 20 August. The decision by the Department of Consumer Affairs follows a decline in wholesale rates.
18.08 / 13:23
FIVE
covid19
track
country
covid variant
Variant
After EG.5, WHO flags another Covid variant BA.2.86
EG.5 raised concerns for a new Covid outbreak, the World Health Organization (WHO) has now flagged another sub-variant of Omicron BA.2.86, dubbed as BA.X. BA.2.86 is from Omicron's BA. 2 lineage and was first detected in Israel.
18.08 / 13:23
Target
Digital
Manufacturing
band
performer
country
social
moody’s
Moody’s affirms India’s Baa3 rating with stable outlook
Moody’s Investor Service Friday affirmed India’s 'Baa3' rating with a stable outlook. The ratings agency said that rising growth will contribute to higher income levels and overall economic resilience.
18.08 / 13:13
country
Government to sell at ₹40 a kg from 20 August
₹40 per kg for retail consumers from 20 August. The decision by the Department of Consumer Affairs follows a decline in wholesale rates.
18.08 / 13:07
UPS
Lowe's
Reuters
country
What does China Evergrande's debt restructuring entail?
China Evergrande Group has filed for protection from creditors in a US bankruptcy court as part of its debt restructuring process, amid rising concerns over China’s worsening property crisis and a weakening economy. The Chinese property giant sought protection under Chapter 15 of the US bankruptcy code, which shields the non-US companies that are undergoing restructurings from creditors that hope to sue them or tie up assets in US. The bankruptcy protection filing indicates that the company is nearing the end of its restructuring process after more than one and a half years of negotiations with creditors.
18.08 / 13:07
COST
UPS
Provident
country
500
PM Jan-Dhan Yojana adds 500 mn accounts; deposits cross ₹2.03 trillion
₹2.03 lakh crore. “As per the latest reports submitted by banks the total number of Jan Dhan accounts have crossed 50 crore as on 9 August 2023. Out of these accounts 56% accounts belong to women and 67% accounts have been opened in rural / semi-urban areas," the ministry of finance said.
18.08 / 13:07
CEO
Platform
Remark
Tesla
country
musician
elon
Elon Musk attends Sonicmania music festival in Japan featuring musician Grimes | Watch video
Elon Musk's visit to Japan came as a surprise to many and the business magnate is not in the best of terms with the Japanese government. Recently, the Japanese government asked Elon Musk to take down a fake account from X (formerly Twitter) of the country's top diplomat Masato Kanda.
18.08 / 13:07
Target
Citizens
Waters
Gap
AMR
country
innovations
open
PM Modi urges G20 nations to open innovations for public good
New Delhi: Prime Minister Narendra Modi on Friday urged G20 nations to facilitate equitable availability of technology and also appealed to them to open innovations for public good. Virtually addressing the G20 Health Ministers’ meet in Gandhinagar, Gujarat, PM Modi said, “Let us open our innovations for public good. Let us avoid duplication of funding.
18.08 / 13:07
UPS
Lowe's
FIVE
show
country
Growth and inflation: Hard choices vs easy trade-offs
RBI should have been. Based on the shocking jump in July’s inflation to 7.44%, they should have been. Consider one Monetary Policy Committee’s (MPC) member’s statement as recorded in the minutes of the June 2023 meeting.
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