Country Financial News

Lok Sabha elections. "INDIA will win the 2024 elections and form the government.

Jairam Ramesh on Friday said Cipla, is an integral part of the country’s political, economic and social history and its impending takeover by Blackstone should sadden everyone. The Congress general secretary quoting an ET report said on Twitter, “It was painful to learn that Blackstone, the world's largest private equity fund, is negotiating to acquire the entire 33.47% promoter stake in Cipla, India's oldest pharmaceutical company.” Cipla was established in 1935 by Khwaja Abdul Hamied who was profoundly impacted by Mahatma Gandhi, Nehru Sardar Patel and Maulana Azad. He also played an important role in creating Council of Scientific & Industrial Research (CSIR), said Ramesh, who is the chairman of Parliamentary standing committee on science and technology, environment and climate change. «Cipla soon emerged as a shining example of Indian nationalism and his son Yusuf Hamied made Cipla a global supplier of low-cost generic medicines and successfully challenged American, German and British monopolies and patent holders,» he said in his Twitter post. «He (Yusuf Hamied) paved the way for many other Indian companies to establish themselves in different countries. He is one of the most charming and delightful businessmen I have had the privilege of knowing,» Ramesh said.

India and Kazakhstan on Thursday discussed bilateral, regional issues at the fourth Security Dialogue held in Astana. The two countries also discussed the situation in Afghanistan and international issues of mutual concern, according to an official release.

Niger President Mohamed Bazoum on Thursday appealed to the US government and the entire international community for help in restoring the country's constitutional order that is under attack from a military junta, according to a report published by AFP. In a column in The Washington Post, Bazoum said, "If a coup attempt to depose him is successful, "it will have devastating consequences for our country, our region, and the entire world. I write this as a hostage" "Niger is under attack from a military junta...

Also Read: Truecaller coming soon to WhatsApp: What is means for users and why it is a good news? In the viral video, the student introduced herself as Ekta. Replying to a question on ‘What brought her to Canada’, she said that it was her ‘dream to leave India’. She also added that after completing her degree in biotech in Canada, her future plan involves a career in business.

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

Seema Haider to contest the election on the symbol of the Republican Party of India. The officials of the RPI said they are waiting for Seema Haider to get a clean chit in the investigation by the security agencies. This week reprts also emerged that Seema Haider is likely to get featured in the movie.

₹3,090 crore in Q1 2023-24. The performance review process for nearly 4,500 flight crew has begun, and the new salaries will be effective from October 1, an Economic Times report cited With over 60% of India's domestic market share, the airline reported its highest-ever quarterly profit. “While we regained and started to build our financial strength over this past year, we reviewed and reinstated salaries and allowances to pre-Covid levels.

Navalny faces trial again on Friday to hear whether he has been found guilty of a series of extremism charges that could see him spend 20 more years behind bars. He is already serving a nine-year sentence in a maximum-security prison for «embezzlement», a charge that his supporters say was trumped up in retaliation for challenging President Vladimir Putin. Navalny said he expected the court to hand him a lengthy, «Stalinist» prison sentence of about 18 years, and called on his supporters to resist Putin's rule in a statement Thursday.

₹14,785 crore, as per brokerage poll by Livemint. SBI’s net profit growth in the quarter ended June 2023 is likely to be led by lower base due to treasury loss.State Bank of India (SBI), the largest state-run lender in the country, will announce its Q1 results today.

Sharif on Thursday announced the dissolution of the National Assembly on August 9. The decision came after he met with parliamentary leaders at a dinner in honour of the members of parliament, where the country's political situation was thoroughly discussed, The Express Tribune reported. During the meeting, Prime Minister Shehbaz sought their input and discussed the arrangements for the caretaker prime minister and the caretaker setup.

Oil prices rose for a second day on Friday, set for their sixth week of gains, after Saudi Arabia and Russia, the world's second and third-largest crude producers, pledged to cut output through next month. Brent crude futures for October rose 30 cents, or 0.4%, to $85.44 a barrel by 0042 GMT, while U.S. West Texas Intermediate crude for September rose 36 cents, or 0.4%, to $81.90.

The Express Tribune. On Wednesday, official sources informed The Express Tribune that the Pakistan cabinet through a circulation summary gave its approval for signing the Communication Interoperability and Security Memorandum of Agreement, known as the CIS-MOA between Pakistan and the US. The CIS-MOA first was signed between the Joint Staff Headquarters of Pakistan and the US Department of Defence in October 2005 for 15 years.

Bank of America has made two high-profile changes in its investment bank, building on a successful strategy of elevating Australian bankers into broader regional roles this year.

The Adani Group, which announced the acquisition of Gujarat-based cement maker Sanghi Industries on Thursday, plans to increase its overall cement manufacturing capacity to 140 million tonnes in the next five years. Karan Adani, director, Ambuja Cement, told ET's Deborshi Chaki and Nehal Chaliawala in an interview that the group is open to more acquisition opportunities. Edited excerpts:How did this deal come about? There are three unique things about this company.

Digital Personal Data Protection (DPDP) Bill, 2023 in the Parliament on Thursday. An older version of the Bill — which was five years in the making – had been withdrawn exactly a year ago. The new legislation aims to give people tighter control over the use of their personal information by businesses as it lays out strict conditions for data sharing, processing and storage.

World Scout Jamboree in Buan, South Korea has been marred by the scorching heat, with hundreds of participants suffering from heat exhaustion. On the first night of the event, about 400 cases were reported, and many were treated at a makeshift hospital at the campsite. The temperatures in North Jeolla province, where the jamboree is taking place, have soared to 35°C (95°F) amid a heatwave warning. Scouts from countries like the US, Bangladesh, and the UK have been affected, with the UK contingent being the largest with around 4,500 participants out of the total 43,000 in attendance. The UK Foreign Office stated that they are closely monitoring the situation and have consular officials on-site to support the attendees. They are in regular contact with Scouts UK and the relevant Korean authorities to ensure the safety of British nationals. A fire service official revealed that most of the scouts who required medical attention had mild symptoms like headaches, dizziness, and nausea, and they have mostly returned to their campsites.

Toronto International Film Festival has revealed its diverse line-up for the Discovery and Midnight Madness programs. Featuring original and unexpected works, the Midnight Madness program offers bizarre and daring cinema, while the Discovery program showcases contemporary international cinema and emerging talents. The Midnight Madness line-up includes 10 titles, including seven World Premieres. Notable selections are “Dicks: The Musical” by Larry Charles and satirical provocations from Saudi Arabia and Serbia. On the other hand, the Discovery program presents 26 titles with a strong emphasis on World and International Premieres. An exceptional highlight is the participation of 13 female filmmakers, representing 50% of the program's total. Anita Lee, TIFF Chief Programming Officer, expressed enthusiasm, stating that the Discovery and Midnight Madness 2023 selections promise to captivate tastemakers and experience seekers.

The union government will help states in simplification, rationalisation or decriminalisation of provisions to promote ease of doing business and living in the country, Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said at a press briefing on Thursday. Singh was speaking after the Parliament passed a bill which seeks to promote ease of business by decriminalising minor offences through amendments in 183 provisions of 42 Acts. "We will do this in the future as well...We intend to follow with an inter-ministerial working group which will look at other provisions where further simplification, rationalisation or decriminalisation is possible and we are intending to do the same exercise at the state level by providing guidance to the states as well," he told reporters here.

home minister Amit Shah defended the proposed law to control services in Delhi, in a highly charged political speech which lambasted the Aam Aadmi Party over corruption charges and alleged misgovernance of its government in Delhi. The Government of National Capital Territory of Delhi (Amendment) Bill was later passed by a voice vote. The discussion involved sharp political exchanges between the treasury and Opposition benches.

State regulators and securities plaintiffs’ attorneys continue to resist a Finra plan that would allow brokerages to conduct remote supervision of their registered representatives.