Country Financial News

Mohamed Alabbar is more than just the managing director of Emaar Properties, the Dubai real estate firm that built the world’s tallest building, the Burj Khalifa. The multi-faceted entrepreneur and investor is also taking on Amazon in West Asia and spearheading UAE’s first digital bank Zand. In a video interview with Kailash Babar and Arijit Barman, Alabbar spoke frankly about mistakes made in India, future growth prospects and investment opportunities in digital assets as well as the stronger than ever bilateral ties between UAE and India.

El Nino's dry weather threatens to further dent coffee production in Indonesia, the world's fourth largest grower, after excessive rains dragged down output to its lowest in more than a decade, driving global prices to all-time highs. Lower coffee output in Indonesia, which mainly produces robusta beans — having a bolder and more bitter flavour than the arabica variety — could trigger more gains in prices which have climbed more than 40% in 2023 and hit a record high in June.

Delhi Police have beefed up security arrangements in the national capital ahead of Independence Day celebrations. Police personnel checked vehicles as security has been beefed up across the national capital ahead of the Independence Day celebrations. Besides, Rail Bhawan and Krishi Bhawan have been illuminated with tri-colour lights in view of Independence Day.

Apple says the federal government’s plan to regulate its payment services is a dangerous overreach and is being driven by the self-interested misrepresentations by major banks about how the iPhones work.

The new local country head of a major New York-headquartered professional services firm best known for restructuring bankrupt investment bank Lehman Brothers says the timing is “perfect” for it to bring its business to Australia and compete with its larger rivals.

Prachanda's China visit in September could result in a power trading agreement on the lines of the Himalayan nation's cross-border power trading agreement with India, signalling a balancing act by the former Maoist leader. Nepal wants to develop a cross-border transmission line with China via the border district of Rasuwa, which is expected to be signed during Prachanda's visit, according to Kathmandu-based sources. Nepal also wants to learn best practices in agriculture from China while simultaneously engaging with India in the same sector, according to one of sources quoted above.

China's State Council issued guidelines on Sunday that it said would further optimize the country's foreign investment environment and attract more foreign investment. The State Council said in a document containing 24 guidelines that authorities should increase protection of the rights and interests of foreign investors, including strengthening enforcement of intellectual property rights.

European Union has raised data privacy concerns at the meta information portal that India has proposed for the micro, small and medium enterprises (MSME) of the G20 countries. The portal is sought to have details of MSMEs of every G20 member including the sectors and products they deal with. Establishing an online digital portal is crucial as it would offer integrated research, trade and business information for market research by the MSMEs. «Some members, including the EU, have raised data privacy concerns. They have asked how will the portal and data be managed,» said an official. Officials said that setting up the MSME portal is one of the three high-ambition goals, an outcome on which is being seen at the upcoming G20 Trade and Investment Ministerial meeting in Jaipur from August 24 to 25.

Central Park, Covent Garden, Saint-Germain-des-Pres...). Two, pour in money into your country/city as if it's all an extension of your living room to make your 'area of habitation' match your status and taste. The moderately rich do this with their street/neighbourhood.

Marital rape, for example, remains legal under their proposals. While sedition has had hair split over its definition—against the state qualifies, not government—it sees no reduction in the law’s scope for misuse.

MUMBAI : In a strategic shift, Citi India sold its retail business to Axis Bank and is now focussed on its institutional business and global capability centres (GCCs). By the end of this year, the bank’s GCCs that go beyond just being a back office to its global operations will employ around 30,000 people. In an interview, Citi India chief executive officer Ashu Khullar emphasized that while India is not the only option to counter the world’s dependence on China, it is a credible option, and the bank is seeing growing interest among clients to invest.

NEW DELHI : The government may define individuals below 18 years as underage for the online gaming sector for processing of personal data, while the definition of underage might be revised in the case of edtech and healthcare sectors under the digital personal data protection law, a senior official aware of the matter said. “For healthcare and education, the age limits can be reduced to below 18, which will not pose an issue.

NCCF) on Sunday said it sold 71,500 kg of tomatoes at a subsidised rate in the national capital in the two-day mega sale held ahead of the Independence Day celebration in order to provide relief to consumers from high prices. The mega sale was conducted in 70 different locations like Seelampur and R K Puram in Delhi, the cooperative said in a statement.

BEIRUT (Reuters) — The Jordanian military on Sunday downed a drone carrying crystal meth that was flying into Jordanian territory from neighbouring Syria, the state news agency Petra reported.

OpenAI and Google are really worried that their products are dangerous and pose severe, unpredictable risks to public safety, they could stop developing them. It is reasonable, therefore, to suspect that their calls for regulation of so-called foundation models are partly motivated by the desire to lock-in their dominant market positions. Even the narrative of the dangers and risks of generative AI takes us in direction determined by a few big companies in Silicon Valley and the intellectual and media eco-system they have promoted.

NEW DELHI : India is working with multilateral forums, including the UN and the G20, to create collaborations that would certify, register, test and benchmark Indian digital public infrastructure (DPIs) and public goods (DPGs), two people with direct knowledge of the matter said. The success of some of the government’s popular DPI programmes like CoWin, UPI, Digilocker and Diksha (national digital infrastructure for teachers) has prompted New Delhi to seek its own rating and testing mechanism for DPIs and DPGs, the people mentioned above said.

jobless recovery in America, and China appeared to be returning to its old robust self. Inflation was off the floor, seen as a good thing. Japan and the eurozone looked good.

Mint was unable to ascertain the names and nationality of the exporters that used the certificates of origin. These are early indicators but the general direction is positive— trade is expected to grow on the basis of the high utilization rate. “Wherever duty concession has been given, exporters have availed it.

New Delhi: Following a slew of such agreements, India is in discussion with European countries including Switzerland to conclude migration agreements, according to persons aware of the matter. These pacts are expected to make it easier for Indians working across a range of sectors, including high-technology, to live, work and acquire professional experience across the world. Agreements have already been signed with the UK, Germany, Austria and Portugal for similar arrangements.

Narendra Modi. The clip shows two women being paraded naked in Manipur as part of a sexual assault against them. For many weeks before it went viral online, most of India was unmoved by the communal violence in Manipur.

BJP national president JP Nadda on Sunday said West Bengal, once a cradle of the country's renaissance, is now lagging behind because of TMC misrule. Criticising West Bengal Chief Minister Mamata Banerjee for establishing a «jungle raj» in the state, Nadda said she should stop behaving like a «champion of democracy» nationwide. «West Bengal was once the cradle of the renaissance of the entire nation. It was Bengal which showed the path to the entire nation. But in the last few decades, Bengal has been lagging behind. After years of misrule by the Left regime and then by the TMC, Bengal now tops the charts in crime against women, corruption, and unemployment,» he said at a party programme here. «Prime Minister Narendra Modi is taking the country forward and West Bengal Chief Minister Mamata Banerjee is taking the state backwards. The misrule of the TMC has led to Bengal lagging by several years,» he said. Nadda said the «jungle raj» is going on in the state under the TMC regime.