Country Financial News
03.08 / 17:21
UPS
Continental
country
exit
Power
The 3 Baltic nations plan to accelerate their exit from Russia's power grid by almost a year
The prime ministers of the three Baltic countries agreed Thursday to speed up their nations’ disconnection from Russia’s power grid by nearly one year and connect with the continental European energy network by February 2025
03.08 / 17:21
UPS
SUN
country
The spread of rented lounge chairs on Greece's beaches brings a pledge to increase inspections
Greece’s finance minister has promised to step up inspections of beach bars and other businesses renting out seaside sunbeds and umbrellas
03.08 / 17:21
Provident
Reuters
Fighting
country
voice
Support
Brazil's Lula voices support for more countries joining BRICS group
Brazilian President Luiz Inácio Lula da Silva says he supports more countries joining the BRICS group of large developing nations, which currently includes Brazil, Russia, India, China and South Africa
03.08 / 17:21
COST
show
country
Borrowing
Bank of England hints that UK borrowing rates will stay high after its new hike
The Bank of England has raised its main interest rate to a fresh 15-year high as it tries to bring down persistently high inflation
03.08 / 17:21
Citi
country
boost
Saudi Arabia extends cut of 1 million barrels of oil a day through September, trying to boost prices
Saudi Arabia says it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices
03.08 / 17:21
03.08 / 16:59
Cooper
show
country
PM Modi talks of cooperative federalism, but coercive federalism witnessed in country: Tharoor on Delhi ordinance bill
Narendra Modi talks about cooperative federalism, the country was witnessing "coercive federalism". Participating in the debate over the Government of National Capital Territory of Delhi (Amendment) Bill, 2023 in Lok Sabha, the Congress MP said the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism," reported PTI.
03.08 / 16:51
UPS
Citizens
Waters
Mercury
country
National
Heatwaves, electricity crisis force Iran government to declare national holiday, President Ebrahim Raisi comes under fire
The national holiday was declared after the Ministry of Health asked the government to do so for giving the citizens relief from the sweltering heat and rising temperatures. Besides the government offices, banks, financial institutions, and most private businesses have put down the shutters. Iran Heatwave: Not Unexpected The w
03.08 / 16:51
FIVE
country
reports
expansion
India dismisses reports that it opposes BRICS expansion
BRICS summit in Johannesburg set to discuss admitting new members, India on Thursday dismissed as «baseless» reports that it is opposed to the expansion of the grouping. It is learnt that New Delhi is yet to take a final decision on Prime Minister Narendra Modi's in-person attendance in the summit of the five-nation grouping from August 22 to 24. The summit is set to extensively deliberate on expansion of BRICS (Brazil, Russia, India, China and South Africa).
03.08 / 16:43
Provident
show
country
‘Want normal relations but...’: India as Pak PM Sharif calls for talks
Days after Pakistan Prime Minister Shehbaz Sharif showed an intent to talk to India, the Ministry of External Affairs (MEA) said that it wants neighbourly ties with Pakistan but for such relationships, the atmosphere should be free from terror and violence. MEA spokesperson Arindam Bagchi said, “We have seen reports regarding the comments by the Pakistan PM on this issue. India's clear and consistent position is well known that we desire normal relations with all our neighbouring countries including Pakistan.
03.08 / 16:43
Manufacturing
country
Regulator tightens cough syrup test norms
NEW DELHI : The drug regulator has warned cough syrup manufacturers not to send samples of the same batch to multiple government-accredited testing laboratories at the same time. In the event of a drug maker found violating the rules, government labs will not test any of their samples, Drug Controller General of India (DCGI) Rajeev Raghuvanshi warned.
03.08 / 16:23
UPS
Cooper
show
country
TMC running West Bengal Assembly without following norms, says Suvendu Adhikari
Opposition in West Bengal, Suvendu Adhikari, on Thursday said the Muslim vote bank has deserted the Trinamool Congress prompting Chief Minister Mamata Banerjee to resort to 'dole' politics. The senior BJP leader, who was addressing a press meet at the assembly, also accused the ruling Trinamool of not following democratic norms while conducting the proceedings of the state legislature.
03.08 / 16:11
UPS
Citi
Digital
Citizens
country
Altman’s Worldcoin idea is out to reinvent the Aadhaar wheel
ChatGPT and its ilk have made that test redundant—it is quite easy for a machine to convince you that it is human by giving very human sounding answers. This new test treads into biology: To certify that you are a genuine human being, you need to go to an Orb, which is a biometric verification device, and get your iris scanned. Currently, Orbs in 25 cities across 20 countries are scanning human eyes and giving them Worldcoin for their trouble.
03.08 / 16:11
COST
Extreme
SAP
country
Israel’s judicial ‘reforms’ will be ruinous for its economy
civil servants with incompetent and corrupt lackeys, further sapping the economy of dynamism and innovation. The government’s plans thus amount to a time bomb, because rating agencies could soon see fit to downgrade Israel’s creditworthiness. If tech and other firms move abroad, the government’s revenue base will shrink, making the growing transfer payments to the ultra-orthodox unsustainable.
03.08 / 16:11
FIVE
Manufacturing
Matrix
country
electronic
Latin
Infinix says looking to increase offerings in mid, mid-high price segments in Indiaa
PTI, he emphasised India's position being “right at the top" of the company's country matrix. Infinix, which operates in the sub- ₹15,000 segment, introduced gaming smartphones in the mid-premium segment at a price of ₹17,999 in India. “There is a noticeable absence of distinct offerings in terms of both design, innovation, and seamless experience in the smartphone gaming arena.
03.08 / 16:11
Dash
FIVE
Digital
Booking
Parke
stage
country
Support
Free libraries are a big hope in need of policy support
A member of a small free library in the national capital of the world’s largest democracy shares her thinking about the choice of red as the background colour for a poster she has created. She is addressing the ‘art collective’, a programme within the library.
03.08 / 15:45
Provident
Cooper
Remark
Southern
show
country
PM Modi talks of cooperative federalism, but coercive federalism witnessed in country: Congress MP Shashi Tharoor
Shashi Tharoor on Thursday alleged that «blatant subversion of the constitutional separation of powers» was taking place through the bill to replace the Delhi services ordinance and said while Prime Minister Narendra Modi talks about cooperative federalism, the country was witnessing «coercive federalism». Participating in the debate in the Lok Sabha on the Government of National Capital Territory of Delhi (Amendment) Bill, 2023, Tharoor argued that the proposed bill represents a «grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism».
03.08 / 15:45
country
voice
AAP's lone Lok Sabha member Sushil Kumar Rinku suspended for Monsoon session
Lok Sabha on Thursday suspended newly-elected AAP member Sushil Kumar Rinku for the remaining part of the Monsoon session for unruly behaviour in the House. As the Lok Sabha passed the Government of National Capital Territory of Delhi (Amendment) Bill, Rinku came to the well of the house, tore some papers and threw them in the direction of Speaker Om Birla. After the Bill was passed, Birla objected to Rinku's conduct in the House and asked Parliametary Affairs Minister Pralhad Joshi to move a resolution for the AAP member's suspension.
03.08 / 15:45
Digital
Citizens
Aware
CEO
Enterprise
Deloitte
country
Data protection bill will compel companies to review their current working ways, make investments in new processes: Experts
data protection bill will compel companies to review their current ways of working, make investments in new processes and sensitise workforce in handling of personal data, experts said on Thursday. The bill was introduced in Parliament on Thursday.
03.08 / 15:45
Provident
show
country
social
EPFO received highest ever total contribution of over Rs 64,800 cr during 2022-23: Labour Ministry
Employees’ Provident Fund Organisation received a total contribution of Rs 64885.60 crore during 2022-23, the highest ever under its Employees’ Pension Scheme, shows the labour ministry’s response to a question in Rajya Sabha on Thursday. This has taken the EPS total corpus to Rs 7,80,308.93 crore in the last fiscal year compared to the total corpus of Rs 6,89,210.20 crore in the preceding financial year.
03.08 / 15:45
UPS
Provident
Target
Booking
country
voice
Rajya Sabha passes Advocates (Amendment) Bill, 2023
Rajya Sabha on Thursday passed the Advocates (Amendment) Bill, 2023, which aims to regulate the legal profession by a single Act and seeks to target «touts». The amendment would help to regulate the legal profession through a single Act, the Advocates Act, 1961, according to statement of objects and reasons of the legislation. Replying to a debate on the Bill in the Rajya Sabha, Union Law and Justice Minister Arjun Ram Meghwal said the legal profession is a noble profession and unlawful practices should be dealt with firmly.
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