Country Financial News

broadband connectivity plan for 6.4 lakh villages across the country under the BharatNet project with an outlay of Rs 1.39 lakh crore, according to sources. Around 1.94 lakh villages have been connected under the BharatNet project at present, and the balance is likely to be connected in two and a half years, they added. «The Cabinet in its meeting, held on Friday evening, has approved Rs 1,39,579 crore for providing last mile optical fibre-based connectivity to homes in all villages of the country,» one of the sources said.

IndiGo has commenced new daily direct flights between Mumbai and Nairobi, starting August 5, 2023. Nairobi, Kenya’s capital, and largest city is 27th international and 105th overall destination in the 6E network.

ISRO on Saturday said it has transferred the IMS-1 Satellite Bus Technology to Alpha Design Technologies Pvt. Ltd in a step towards enhancing private industry participation in the country's space sector. NewSpace India Limited (NSIL), the commercial arm of ISRO, facilitated the technology transfer through an agreement signed during an event held at the NSIL headquarters on August 2, the space agency said on its website.

₹250 crore will have to compulsorily follow GMP within six months, while those with a turnover of less than ₹250 crore will have to do so in a 12-month period. The government amending schedule M of the Drugs and Cosmetics Rules, 1945 to upgrade and tighten the GMP norms for pharma firms. This compulsory compliance comes after the government inspection found serious lapses in the maintenance by these drug firms.

sustainable investments and contribute to the country's ambitious decarbonization goals. By delving into VCC derivatives and electricity derivatives, the NSE aims to leverage its expertise in the financial markets to drive sustainable investments and pave the way for a greener future.

U.S. gas prices are continuing to rise — giving drivers across the country another headache at the pump

General anxiety intensifies climate or «eco»-anxiety. This can spur some people to climate action, while for others it can lead to a state of paralysis and inactivity. Our recent Canadian study looked at how values and action around climate change vary with an individual's personality traits.

The Opec-plus countries, which pump almost 40% of the world’s crude, have a broader plan to limit supply into 2024 and prop up global oil prices. In October 2022 and April this year, the production cartel decided to cut output of its member countries to tackle the supply glut and boost prices. Saudi Arabia, the top producer of the Opec cartel unanimously cut its output by another one million barrels per day from July.

Pakistan, pushed its weekly inflation up by 1.30 per cent and annualised inflation up to 29.83 per cent, Geo News reported on Saturday citing The News. According to the Pakistan Bureau of Statistics (PBS), the increase in the sensitive price indicator (SPI) was attributed to an increase in the prices of tomatoes (16.85 per cent), LPG (9.82 per cent), petrol (7.86 per cent) and diesel (7.82 per cent), chilli powder (7.58 per cent), garlic (5.71 per cent), onion (5.50 per cent), powdered milk (5.17 per cent), eggs (3.86 per cent) and broken basmati rice (2.06 per cent).

HSN 8741 category. As per the government notification, the import of restricted items will be allowed only against a valid license. Reacting to this, Hari Om Rai, Chairman and Co-founder of Lava International, praised the government's initiative and called it a "leadership move" that will benefit both the industry and consumers.

Americans are worried there will be another electoral crisis in 2024 because the aftermath of 2020 continues to reverberate through the nation’s politics. Many Republicans refuse to acknowledge Joe Biden’s 2020 victory, saying they have lost faith in the electoral system. They also have doubts that 2024 will deliver a legitimate winner, while Democrats worry that Republicans will contest an outcome that doesn’t go their way.

farm ministry's latest data, up 3.28% from the same period last year, as robust monsoon rains encouraged the expansion of acreage. Higher rice planting in India, the world's second-biggest producer of the grain, will ease concerns about lower output of the staple. India late last month ordered a halt to its largest rice export category a move that will roughly halve shipments by the world's largest exporter of the grain.

TVS Supply Chain Solutions will open on Thursday, July 10. In the SME space, Srivari Spices and Foods will launch its public issue on Monday, August 7. Investors will also have the opportunity to subscribe to the ongoing issues viz.

Hair processing is a Rs 3,000-crore business in India which is not surprising at all. It’s not surprising then that hair processing is a Rs 3,000-crore business in India. Cities like New Delhi, Chennai, Elur in Andhra Pradesh, Bhagabanpur and Murshidabad in West Bengal, and Dig in Rajasthan are its major centres.Hair hub in Karnataka Apart from these cities, Bhagyanagar in Karnataka’s Koppal district is another place with a 70-year history of hair processing.

Now the question is do we need to panic now? Is a rating downgrade the end of the world? Let us first understand the main reasons behind the rating downgrade by Fitch. They cited three main reasons behind credit downgrade. 1.

India Meteorological Department (IMD) has forecasted heavy to extremely heavy rainfall across multiple regions in the country until August 7. According to the IMD, intense precipitation is anticipated in East Uttar Pradesh, Uttarakhand, Arunachal Pradesh, Assam & Meghalaya, as well as Nagaland and Manipur.

Today, law is a profession of choice for many young people. There are excellent institutions in the country preparing students for legal careers. For many of these aspiring lawyers, corporate law is a preferred area of specialisation.But exactly what kind of careers are possible within corporate law? The most familiar work in corporate law is the complex legal manoeuvring that comes into play during mergers, acquisitions, fundraising and other corporate actions. But as the world of business keeps evolving, there are many specialised disciplines within the broader ambit of a legal career. These are finding increased demand and have specific skill set requirements. Rachika Agrawal Sahay, Partner at Argus Partners (Solicitors & Advocates), lists two of these emerging areas as ESG and forensics.

Floodwaters from Typhoon Doksuri continued to deluge farms and cities in northeast China into the weekend, with the country's disaster relief systems struggling to contain the aftermath of one of the strongest storms in years. Almost 15,000 residents were moved out of the city of Shulan in corn-growing Jilin province, where one person was dead and four others missing, according to state media. Rain has fallen continuously in Shulan since Aug.

Narendra Modi on Saturday hailed the Indian women's compound team for winning the country's first-ever gold medal in the World Archery Championships, saying their hard work and dedication led to the outstanding outcome. The Indian women's compound team of Jyothi Surekha Vennam, Aditi Swami and Parneet Kaur on Friday created history by winning the gold medal in the World Archery Championships in Berlin, beating Mexico in the final.

Car parking can be a real bone of contention between neighbours, and sometimes it can take an ugly turn. However, a hilarious exchange has come to light where the two neighbours shared their parking concerns via written messages without even knowing each other's names. A user on Reddit has shared the hilarious exchange with a call for community members to follow them for part 3 of the whole fiasco.

power stocks have been in the limelight with power majors like NTPC, Adani Power and Tata Power rising by 14%, 13% and 6.5% in the past one month (July 2023). This surge comes from the simple fact that power stocks have been trading at bargain prices. Therefore, amid the current market scenario, where the broad stock market is trading close to record highs, long-term investors are increasingly finding power stocks appealing.