Country Financial News
06.08 / 08:41
UPS
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VISA
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Indian
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US F1 visa: More slots open up, giving hope to Indian students
Indian students comprise over 21 per cent of the total population of international students in the United States. During the 2021-2022 academic year, nearly 200,000 Indian students were studying in the United States.
06.08 / 08:41
COST
Provident
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Platform
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country
PM lays foundation stone for redevelopment of 508 railway stations
Narendra Modi laid the foundation stone for the redevelopment of 508 railway stations across the country via video conferencing on Sunday. Redeveloped at a cost of more than ₹24,470 crore, the 508 stations are spread across 27 states and union territories, including 55 each in Uttar Pradesh and Rajasthan, 49 in Bihar, 44 in Maharashtra and 37 in West Bengal. The railways has set an internal target of one-and-a-half years to two years to complete the projects.
06.08 / 08:19
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Man
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country
Watch: Crocodile attacks young footballer, drags body underwater; club pens heartfelt note
A 29-year-old man, Jesus Alberto Lopez aka Chucho, lost his life to a crocodile attack over the weekend in the northwest province of Guanacaste in Costa Rica. The incident took place near the town of Santa Cruz, where Chucho jumped into the Cañas River from a bridge, unaware of the lurking danger posed by the crocodiles. Despite being abundant in Costa Rica's rivers and protected wilderness areas, crocodiles are known for their unpredictability and can quickly turn deadly when provoked or disturbed.
06.08 / 08:19
Citi
Provident
Assurant
country
nsa
Russia-Ukraine war: NSA Ajit Doval says, 'India promotes dialogue, diplomacy'
National Security Advisor (NSA) Ajit Doval, who is in Jeddah at present, said that India has regularly engaged both Russia and Ukraine since the beginning of the conflict at the highest levels. During a two-day conference on the Ukraine crisis in Jeddah, Saudi Arabia, Doval reportedly said, "India supports the global order based on principles enshrined in UN Charter and international law. Respect for sovereignty and territorial integrity by all states must be upheld without exception.
06.08 / 07:45
COST
Provident
country
Opposition playing 'negative politics': PM Modi
Modi on Sunday accused the opposition of playing «negative politics» and said now the entire country is rooting for corruption, dynasty and appeasement to 'quit India'. Addressing an event after laying the foundation stone for redevelopment of 508 railway stations across the country via video conferencing, he alleged that a section of the opposition is working on the principle that neither will they work nor let others work. A modern Parliament building has been built but part of the opposition even opposed that, Modi said.
06.08 / 06:35
COST
Manufacturing
stage
country
Pakistan's textile industry struggles amidst job losses, economic crisis
AFP reported. "When you lose your job, your life comes to a close," the 43-year-old from Lahore told AFP, adding, "We've been working in factories for years... the day you get sacked, the story ends there." Amidst the global economic slowdown triggered by the war in Ukraine and the increase in energy expenses, Pakistan's industrial manufacturing sector has also been adversely affected, mirroring the situation in other parts of the world.
06.08 / 06:21
COST
Provident
country
PM Modi lays foundation stone for redevelopment of 508 railway stations
Narendra Modi on Sunday laid the foundation stone for redevelopment of 508 railway stations across the country via video conferencing. These 508 stations are spread across 27 states and union territories, including 55 each in Uttar Pradesh and Rajasthan, 49 in Bihar, 44 in Maharashtra, 37 in West Bengal, 34 in Madhya Pradesh, 32 in Assam, 25 in Odisha, 22 in Punjab, 21 each in Gujarat and Telangana, 20 in Jharkhand, 18 each in Andhra Pradesh and Tamil Nadu, according to the Prime Minister's Office.
06.08 / 06:21
TCS
country
Mcap of seven of top-10 most valued firms erode by Rs 1 lakh cr; State Bank biggest laggard
State Bank of India taking the biggest hit, in-tandem with weak trend in equities. Last week, the BSE benchmark fell by 438.95 points or 0.66 per cent. From the top-10 pack, Reliance Industries, ICICI Bank, Hindustan Unilever, ITC, State Bank of India, Bharti Airtel and Bajaj Finance were the laggards while Tata Consultancy Services (TCS), HDFC Bank and Infosys witnessed addition in their market valuation.
06.08 / 06:21
FIVE
Booking
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Fitch
Morningstar
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week
FPIs take a breather; withdraw Rs 2,000 cr in first week of Aug
Indian equities in the first week of August, mainly due to Fitch downgrading the credit rating for the US. In addition, the rich and stretched valuations and minor profit booking could be the reasons for this outflow, Yes Securities Chief Investment Advisor Nitasha Shankar said. «A sharp spike in the US 10-year bond yield above 4 per cent is a near-term negative for capital flows to emerging markets,» Geojit Financial Services Chief Investment Strategist VK Vijayakumar said.
06.08 / 05:37
Provident
country
India all for peaceful solution to Russia-Ukraine conflict: Doval at NSAs meet
NSA) Ajit Doval has said that India has engaged with both Russia and Ukraine on a regular basis at the top most level, ever since the conflict between the nations broke out, as per reports. Doval is learnt to have made these observations during the summit of NSAs in Jeddah, hosted by Saudi Arabia to discuss the Ukraine-Russia conflict.
06.08 / 05:37
COST
Manufacturing
Zara
country
Pakistan's economic woes leave textile industry in tatters
Pakistan textile industry that has seen it lose ground to more nimble Asian competitors. «When you lose your job, your life comes to a close,» the 43-year-old from Lahore told AFP. «We've been working in factories for years… the day you get sacked, the story ends there.» Pakistan's industrial manufacturing sector — like elsewhere in the world — has suffered from the slowdown in global consumption and the rise in energy costs following the outbreak of war in Ukraine.
06.08 / 04:57
COST
Provident
Target
Manufacturing
Mobile
country
electronic
Why India is rushing to restrict laptop, tablet imports
Government restricts import of laptop, computers, tablets] for computing devices such as laptops, tablets, all-in-one personal computers (PCs), and servers that has now been [Government delays licensing mandate for import of laptops and PCs by 3 months] pushed by three months to 1 November, the idea of becoming an Atmanirbhar Bharat or a self-reliant India in the information technology (IT) hardware space remains a compelling, and logical proposition for the country on many counts. First, it will help the country reduce its imports from China (India’s trade deficit with China stood at $83.1 billion in 2022-23), pre-empt other geopolitical pressures that impact trading, and strengthen the country's hardware supply chain.
06.08 / 04:09
Twitter
BLOCK
Highways
shootings
country
National
Jammu-Srinagar National Highway reopens after heavy landslide in Ramban area
National Highway has been blocked due to landslide in Ramban area on Sunday. Police had issued an advisory stating that people should avoid the route till the restoration work is completed on the stretch. Later, the J&K police shared an update stating that the traffic has been restored on Jammu-Srinagar National Highway which was blocked due to landslide at T2.
06.08 / 04:09
Align
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Celebrity
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Friendship Day 2023: From date, history, significance to celebrations, all you need to know
Also read: International Friendship Day 2023: From history, theme to significance, all you need to know The theme for International Friendship Day 2023 was "Sharing the human spirit through friendship," continuing the focus on fostering meaningful connections and camaraderie among individuals. The International Day of Friendship aligns with UNESCO's Culture of Peace initiative, which rejects violence, seeks to prevent conflicts, and addresses underlying issues to find solutions.
06.08 / 02:45
FIVE
country
electronic
NIA makes sixth arrest in IS Maharashtra module case
NIA) on Saturday said it has arrested the sixth accused in connection with the IS Maharashtra module case related to IS' conspiracy to disrupt peace in the country. The accused was identified as Aakif Ateeque Nachan. The NIA said that he was arrested for his involvement in the fabrication and testing of Improvised Explosive Devices (IED) for commission of terrorist acts and arranging a hideout for two other terror operatives.
06.08 / 02:45
UPS
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Strategy
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country
social
Battle at sea intensifies as Ukraine drone hits second Russian ship in two days
Russian oil tanker early Saturday off the eastern coast of occupied Crimea, Russian officials and a Ukrainian official said, the second strike on a Russian ship at sea in two days. That attack coincided with a new directive from Ukraine's maritime authority, dated Friday, warning that six Russian Black Sea ports and the approaches to them would be considered «war risk» areas until further notice.
06.08 / 02:45
Citi
Cooper
country
Meeting on Ukraine crisis begins in Saudi Arabia
Ukraine crisis has begun in the Saudi Arabian city of Jeddah. A source from the Ukrainian delegation told Al Arabiya News that during the meeting on Saturday, the 10-point peace plan proposed by Ukraine was backed by several countries, Xinhua news agency reported.
06.08 / 02:27
Dreams
Chase
Stealth
country
‘Suicide attack if necessary’; China sends strong signals to Taiwan, says ready for war ‘at any second’: Report
Zhu Meng or Chasing Dreams. The series, aired on state broadcaster CCTV to mark the PLA's 96th anniversary, highlights the unwavering commitment of military personnel to be combat-ready "at any second", the South China Morning Post (SCMP) reported. The documentary features personal accounts of numerous PLA soldiers from different services and locations.
06.08 / 02:11
COST
Twitter
Progressive
country
cover
electronic
NOT
Chandrayaan-3: Sling-shot mechanism used for launch as our rockets not powerful, says former ISRO scientist
Chandrayaan-3 spacecraft, which has covered about two-thirds of the distance to the Moon since its launch, successfully entered into the Lunar orbit on Saturday, former ISRO scientist Tapan Mishra said the lunar mission was an illustration of the country breaking new grounds in space exploration. Speaking to in Kolkata, Mishra said, «Our rockets (launch vehicles) are not very powerful. Once the rockets escape the earth, they need a velocity of 11.2 km/s to make further progress.
06.08 / 02:11
Citi
Provident
Platform
show
country
social
Ten injured, buildings collapse as 5.4 quake hits east China
earthquake struck eastern China in the early hours of Sunday, the US Geological Survey (USGS) said, with state media reporting at least 10 people injured and dozens of buildings collapsed. Videos on social media showed shaking light fixtures, trembling ground and people evacuating their buildings, with one clip showing people walking past bricks scattered on the ground.
06.08 / 02:03
COST
awards
Southern
SPY
country
Power
Sri Lanka issues tenders choosing India over China for power projects near Jaffna
Sri Lanka has issued tenders choosing India over China for power projects near Jaffna, shortly after President Ranil Wickremesinghe's New Delhi trip. The Ceylon Electricity Board (CEB) recently called for tenders to execute the hybrid power projects in three northern islands of Sri Lanka using a grant of $12 million from India, according to Colombo-based sources. In January 2021, Sri Lanka had awarded the contract to Chinese firm Sinosar-Etechwin to install a hybrid renewable energy system in Nainativu, Delft or Neduntheevu and Analaitivu islands off the coast of Jaffna, which was later scrapped.
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