Country Financial News
08.08 / 04:11
country
Drop
2020
China's exports fell by 14.5% YoY in July, biggest drop since 2020
As China's foreign market continues to lose its presence, the country continues to witness downfall in its exports for the third consecutive month in July. Its foreign market fell by 14.5 per cent YoY last month. Notably, it was the biggest ever drop in export of China since 2020, according to official figures released Tuesday, as the world's second-largest economy faces sluggish global demand and a domestic slowdown.
08.08 / 04:05
UPS
Digital
Fighting
show
country
The Global South breaks away from the US-led world order
Global South, are quietly revising them. The Global South sees a chance to chart its own future. Nirupama Menon Rao, a former Indian foreign secretary, points to her country’s spreading of digital payments to developing nations.
08.08 / 04:05
Blockchain
Digital
Action
country
techno
Cryptocurrency Scam: Economic Offences Wing exposes Rs 1,000 crore fraud spanning across India
EOW) of the State Crime Branch has brought to light an extensive cryptocurrency scam spanning across India, implicating more than 2 lakh individuals and involving deposits exceeding Rs 1,000 crore. The scam, masterminded by a company named STA Token (Solar Techno Alliance), unfolded as a pyramid-structured Ponzi scheme that cunningly eluded detection from the Reserve Bank of India (RBI). Despite the absence of formal complaints from the affected investors, the EOW undertook a thorough investigation, unmasking STA Token's illicit operations.
08.08 / 03:45
08.08 / 03:21
Extreme
country
Monsoon tracker: IMD predicts heavy to very heavy rainfall in these states till 10 August. See forecast here
-Isolated heavy rainfall activity very likely over West Bengal & Sikkim on 7 and 8 August, Bihar and Jharkhand during 7-9 August. -Isolated very heavy rainfall is also likely over Bihar on 7 and 8 August.
08.08 / 03:21
Provident
Cooper
Assurant
country
Manipur governor Anusuiya Uikey pens for safety measures for out-of-state students
Nagaland Post, in an official press release issued by the Raj Bhavan, it was conveyed that the Governor expressed profound concern for students engaged in higher education or professional courses across various regions of the country. This comes in the aftermath of the unprecedented ethnic conflict that erupted on May 3.
08.08 / 03:21
UPS
Lowe's
stage
country
Traffic
ISRO's rocket launch delayed due to space traffic congestion: Opinion
NDTV, noted that as per a 2023 evaluation by the Indian Space Research Organization (ISRO), there are 27,000 recorded space entities, with a staggering 80 per cent of them being classified as space debris. "There are millions of space objects less than 10 cm in size that are uncatalogued and pose a very dangerous situation for space assets," says S Somanath, ISRO chairman. The piece further stated that the challenge posed by space debris is further compounded by the implications of anti-satellite tests, a capability limited to China, the US, India, and Russia.
08.08 / 03:05
Lowe's
Reuters
ANZ
show
country
economic data
Dollar creeps higher ahead of US, China economic data
China's exports are expected to fall 12.5% in July from a year earlier, based on a Reuters poll of economists, extending a drop of 12.4% in June and marking the worst reading since the early days of the pandemic in February 2020. The trade figures come a day ahead of the country's inflation reading, with markets on the lookout for further signs of deflation in the world's second-largest economy. Ahead of the data release, the offshore yuan was little changed at 7.2039 per dollar.
08.08 / 03:05
UPS
Target
MET
country
Oil prices
Oil prices edge up as production cuts keep market supported
Oil prices rose in early trade on Tuesday as supply concerns arising from production cuts by Saudi Arabia and Russia supported the market. Brent crude futures rose 37 cents, or 0.4%, to $85.71 a barrel at 0010 GMT, while U.S.
08.08 / 03:05
Aviat
Airlines
Enterprise
country
Deal
National
Pakistan to privatise loss-making national airline; govt plans to outsource airport operations in line with IMF deal
Pakistan plans to privatise its loss-making national carrier Pakistan International Airlines, the government said on Monday, as the country also seeks to outsource its airport operations in line with an IMF deal. The privatisation decision was taken at a meeting of the Cabinet Committee of Privatisation chaired by Finance Minister Ishaq Dar.
08.08 / 02:29
08.08 / 02:21
UPS
Banner
Celebrity
country
voice
2024
"Don't consider ourselves to be in Oppn anymore": Aaditya Thackeray talks up I.N.D.I.A's prospects in 2024
Opposition bloc I.N.D.I.A in next year's Lok Sabha elections saying the constituents of the newly formed alliance don't consider themselves to be Opposition players anymore. Speaking to reporters in Mumbai on Monday, the former state minister said the whole country was rejoicing the return of Congress leader Rahul Gandhi to the Parliament after the Supreme Court's stay on his conviction in the criminal defamation case over the use of the 'Modi' surname. «We do not consider ourselves to be in the Opposition anymore.
08.08 / 02:21
UPS
Citi
Provident
Aviat
track
country
Power
Thousands of flight cancellations, 1.1 million lose power as strong storms hit eastern US
Rain began falling in the Washington area shortly after 5 p.m., and the skies gradually turned an ominous dark gray, a precursor to the severe weather and mass power outages that were predicted. The National Weather Service issued a tornado watch for the greater D.C. area, lasting until 9 p.m., as well as a flood warning extending through Tuesday morning.
08.08 / 02:21
UPS
Citizens
Action
country
voice
Govt, Opposition trade barbs as UP Assembly convenes for Monsoon Session
monsoon session of the Uttar Pradesh Assembly commenced on Monday, leaders of various parties seized the opportunity to voice their opinions on key matters, leading to a exchange of statements that highlighted the diverse perspectives within the state's political landscape. Congress leader Surendra Rajput criticized AIMIM chief Asaduddin Owaisi's, accusing him of having a narrow agenda. Rajput said, «Asaduddin Owaisi has no other agenda other than Hindu Muslim division.
08.08 / 02:21
UPS
Fighting
DAL
country
services
131 in favour, 102 against: Rajya Sabha clears Delhi Services Bill with help from BJD, YSRCP
Parliament on Monday passed the prickly Delhi Services Bill, which seeks to give the Lieutenant Governor control over bureaucrats in the Aam Aadmi Party government. The Bill to replace the Ordinance brought earlier by the Centre will now be sent to President Murmu to be signed into law. After a debate spanning eight hours, the Bill cleared its last legialative test in the Rajya Sabha on Monday.
08.08 / 01:53
08.08 / 01:13
IPO
Provident
AXY
Manufacturing
band
country
TVS Supply Chain's IPO opens on Thursday
IPO) of TVS Supply Chain Solutions will open for public subscription on Thursday. The company has fixed a price band of ₹187 -197 per share for the issue, which will close on Monday.
08.08 / 01:13
UPS
Provident
Digital
Booking
country
voice
Decoding the Digital Personal Data Protection Bill 2023
Digital Personal Data Protection (DPDP) Bill with a voice vote, bringing India a step closer to its first law that enshrines how private or government entities can use or process citizens’ data. The opposition has expressed several concerns over the legislation and has been demanding that the bill be sent to a parliamentary panel for further deliberations. They alleged that the bill violated citizens’ Right to Privacy.
08.08 / 01:07
FIVE
Manufacturing
country
Indian
WHO issues alert about contaminated Indian-made cold syrup sold in Iraq
Bloomberg News purchased a sample of the syrup at a pharmacy in Baghdad in March and arranged a test by an independent Connecticut-based lab, Valisure LLC. Moreover, Bloomberg also reported the test results to the WHO as well as to Iraqi and Indian authorities last month. Last month, according to a test by Bloomberg News said that, the cold medication that was sold in Iraq is tainted with toxic chemicals.
07.08 / 20:55
country
Christmas Tree Shops’ ‘last day’ of business: Here’s all you may want to know
Christmas Tree Shops has announced that August 12 will be its last day and has urged the customers to not miss the last opportunity of buying at its shop. Christmas Tree Shops is a retail chain company selling outdoor furniture, bedding sets, seasonal decor and other home products in 70 stores in 20 states of the country.
07.08 / 20:07
film
Warner Bros
country
audience
'Barbie' movie’s Saudi Arabia and UAE release: All you may want to know
Barbie" in Saudi Arabia and the United Arab Emirates (UAE) is now confirmed, media reports said.
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