Country Financial News

06.08 / 15:41

Waves country concert Tripura-Bangladesh railway connectivity to start this year, says Tripura CM Manik Saha

Tripura Chief Minister Manik Saha said that Bangladesh rail communication will be started from Agartala this year. Saha on Sunday said that since Narendra Modi took charge as the Prime Minister of the country in 2014, the face of North Eastern states has changed drastically. “Now people of the NE region can witness a wave of development.

06.08 / 15:41

COST Digital Platform Strategy Interface country UPI: It’s the digital public code of the world, and very affordable

NEW DELHI : The number of countries where the Unified Payments Interface (UPI) “is live" is set to double in the next 12 to 18 months, said Ritesh Shukla, the chief executive officer of NPCI International, the firm running India’s flagship retail payment and settlement system. European countries will be a key focus for greater collaboration and commercial partnerships, including Lyra, a French firm that will be an interoperability partner for UPI in France. In addition, India and the UAE, home to a large number of Indians, are working to operationalize cross-border remittances and personal payments.

06.08 / 15:29

Reuters Action country Philippines accuses China of illegal actions in South China Sea, water-cannoning their supplies

China maintained that it took the necessary action to deter Philippine ships which were trespassing and carrying illegal building materials, news agency Reuters reported on Sunday. The report mentions that the incident took place close to the Second Thomas Shoal, which is referred to as Ayungin Shoal by Manila. The area is a submerged reef where a small number of its troops reside on an old US ship from World War Two that was deliberately grounded in 1999.

06.08 / 14:59

country cricket Pakistan to send cricket team to this year's World Cup in India

Islamabad on Sunday announced that it would send its cricket team to participate in this year's ICC World Cup, which is being held in India. The decision comes after multiple back and forth between the two countries over visiting the other team's home grounds, with India and Pakistan only playing each other in neutral venues for the past few years.

06.08 / 14:59

Provident Cooper Manufacturing country UAE sends military vehicles to Chad

Chad in support of anti-«terrorism» efforts and border protection, the oil-rich Gulf state said on Sunday. Chad is a neighbour of Niger, where a coup late last month toppled one of the last pro-Western leaders in the jihadist-plagued Sahel region. The UAE's official news agency WAM included a photo of several desert-coloured armoured vehicles, with the Emirati and Chadian flags draped over two of them.

06.08 / 14:59

Provident Progressive Celebrity country Assam CM Sarma attends foundation stone ceremony for redevelopment of 508 railway stations

Himanta Biswa Sarma on Sunday attended the foundation stone laying ceremony for redevelopment of as many as 508 railway stations from across the country, including 32 from Assam, under the Amrit Bharat Station Scheme through the video-conferencing method by Prime Minister Narendra Modi. Of the approximate ?25,000 crore that has been allotted for the redevelopment of the 508 stations, around ?990 crore have been earmarked for the modernization of 32 stations from Assam.Sarma exuded confidence the 32 railway stations that would undergo redevelopment under the Amrit Bharat Station Scheme would provide a comfortable and dignified travel experiences to railway passengers from the State.

06.08 / 14:59

BLOCK Citizens Telegram Platform country social National Iraq suspends Telegram over 'national security'

Telegram messaging application across the country on «national security» grounds, drawing criticism on channels close to pro-Iran factions. The service was effectively blocked by midday on Sunday, with new messages not loading for users in Baghdad.

06.08 / 14:59

COST UPS Citi Provident country social Gyanvapi case: Decision should be on basis of evidence, says UP minister Asim Arun

Uttar Pradesh Social Welfare Minister Asim Arun on Sunday said the Supreme Court's directives in the Gyanvapi Mosque case are welcome and that a final decision should be made on the basis of evidence. The Supreme Court on August 4 refused to stay an Allahabad High Court order that allowed an ASI survey of Varanasi's Gyanvapi mosque, an exercise the Muslim side says will «reopen wounds of the past». The SC bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, however, asked the Archaeological Survey of India not to carry out any invasive act during the survey to find out if the 17the century mosque was built on a Hindu temple.

06.08 / 14:51

COST Progressive country Ashwini Vaishnaw says no rise in rail fares in name of stations redevelopment

Narendra Modi laid the foundation stone for the revamp of 508 stations across the country, railways minister Ashwini Vaishnaw on Sunday that said in the name of station redevelopment project there will be no hike in fares. About ₹25,000 crore needed for the redevelopment project will be allocated through the current Budget, asserting that the project is aimed at facilitating seamless travel for passengers across all strata of society, Vaishnaw said. “PM Modi is working to elevate the lives of the common people.

06.08 / 14:51

show country cricket Pakistan cricket team confirms to visit India for ICC World Cup 2023

The Foreign Ministry of Pakistan has confirmed that the cricket team of the country will travel to India to participate in the ICC World Cup 2023. The decision comes as Pakistan was threatening to pull out of World Cup after India cleared that it will not travel to Pakistan for Asia Cup 2023. In a press release, the Foreign Ministry of Pakistan emphasized that sports should not be mixed with politics.

06.08 / 14:51

Digital Cooper stage country Time place ‘Right place after a long time': Amit Shah to Ajit Pawar at Pune event

Union home minister Amit Shah Sunday shared the dais with Maharashtra Deputy Chief Minister Ajit Pawar for the first time at an event in Pune. The home minister said the NCP leader is now at the "right place after a long time," the PTI reported. "Ajit Dada (Pawar) has come for the first time after becoming the Deputy CM and I am sharing the stage with him, I want to tell him that after a long time, you are sitting at the right place," the ANI reported quoting the union home minister as saying.

06.08 / 14:51

UPS Citi Provident love MCD country Delhi civic body drops street dog ‘removal, sterilisation’ plan ahead of G20 summit

G20 Summit, scheduled to be held in the national summit. The move comes after MCD had announced plans, only to face opposition from Delhi residents and animal rights activists. Earlier, the Delhi Municipal Corporation has announced that all street dogs will be picked up from the vicinity of the boutique hotels and popular tourist spots in Delhi, sterilized and kept at the NGOs until the summit was over.

06.08 / 14:25

UPS CEO Action Strategy Tesla country week Nikola’s roller coaster week; Tesla hit with another lawsuit: This week in EVs

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Milestones and management changes at Nikola; Tesla in hot water over “Diversion Team”.

06.08 / 13:45

Provident Digital Citizens BlackRock Intuit country services Financial After retail and telecom, Ambani casts eye on financial services, new energy business

India's largest retailers and telecom operator in the shortest span of time, billionaire Mukesh Ambani has now set his sight on propelling newly-carved financial services business unit into country's largest non-banking lender while transitioning the conglomerate to net carbon zero by 2035. The recently demerged Jio Financial Services Ltd will leverage the prowess of digital and retail businesses, Ambani said in the latest annual report of Reliance Industries Ltd.

06.08 / 13:11

UPS Digital Platform Metro country beautiful Reliance Retail says it is set to lead the retail industry in the coming decade

₹2,30,951 crore in fiscal 2023, up from ₹1,74,993 crore in FY22. EBITDA reported a 44.7% jump led by broad-based growth across consumption baskets, RIL said in its annual report. Digital commerce and new commerce businesses contributed to 18% of revenue in FY 2022-23—in the previous fiscal, digital commerce contributed to nearly 17% of revenues.

06.08 / 13:11

Provident AXY CEO performer country With ₹10.55 crore pay, HDFC Bank's Sashidhar Jagdishan is highest paid bank CEO in FY23

HDFC Bank's Managing Director and Chief Executive, has emerged as the highest-paid bank chief executive in FY23, with a significant increase of more than 62% in his remuneration in fiscal year 2023, reaching ₹10.55 crore, the PTI reported. Jagdishan's colleague Kaizad Bharucha, the deputy managing director of India’s largest private sector bank by assets and world's fourth largest bank by market capitalisation as of July 2023, drew ₹10.03 crore for the fiscal year and emerged as likely to be the second-highest grossing banker in the country, according to according to the bank's annual report for FY23.

06.08 / 13:01

COST Provident Progressive track country No hike in rail fares in name of station revamp, says Railways Minister Ashwini Vaishnaw

Railways Minister Ashwini Vaishnaw said Sunday after Prime Minister Narendra Modi laid the foundation stone for the revamp of 508 stations across the country. Vaishnaw said about Rs 25,000 crore needed for the redevelopment project will be allocated through the current Budget, asserting that the project is aimed at facilitating seamless travel for passengers across all strata of society. «PM Modi is working to elevate the lives of the common people.

06.08 / 13:01

UPS Fighting Simulation country China releases TV documentary showcasing army's ability to attack Taiwan

Taiwan and showcasing soldiers pledging to give up their lives if needed as Beijing continues to ramp up its rhetoric against the self-ruled island. «Chasing Dreams,» an eight-part docuseries aired by state broadcaster CCTV earlier this week to mark the People Liberation Army's 96th anniversary, features military drills and testimonials by dozens of soldiers, of which several express their willingness to die in a potential attack against Taiwan. China claims Taiwan, a self-ruled democracy, as its own territory, to be conquered by force if necessary.

06.08 / 12:15

Citi Aviat Airlines country cover 500 CISF sanctioned additional 6,500 personnel to aviation security wing over last year and half

CISF, that guards 66 civil airports of the country, has been sanctioned an enhanced manpower of more than 6,500 personnel over the past 18 months to cater to the ever-increasing load of passengers and expansion of the existing facilities, official sources said. With the allocation of fresh personnel, the overall strength of this unit deployed to secure civil airports against terrorist, hijack and sabotage threats is now about 37,000 men and women including commando-trained troops, they said.

06.08 / 12:15

Cooper Booking Action country About three groups of terrorists active in J-K's Rajouri, Poonch: ADGP Mukesh Singh

Rajouri and Poonch districts, a senior police officer said on Sunday, asserting that security forces are determined to wipe out terrorism from the region. Additional Director General of Police Mukesh Singh also said security agencies are making twice the effort to thwart the attempts to push terrorists from across the border. «Two or three groups of terrorists are believed to be present in the (Pir Panjal) region.

06.08 / 12:03

UPS Target Digital Manufacturing stage country ‘India's growth faces headwinds from global slowdown, high interest rates'

Mint, adding that the current account deficit (CAD) is expected to fall during the current fiscal from last year. Going forward, India will see higher growth on the back of infrastructure creation, strong investment, and the efficiency gains from harnessing digital infrastructure, he said. Edited excerpts from an interview.

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