Country Financial News

The Canadian dollar has taken a beating lately, pummelled by the growing policy gap between the Federal Reserve and Bank of Canada, upheaval in Canadian politics and the tariff threats of incoming U.S. president Donald Trump.

European Union and will be more visible in the Mediterranean region in future as he discussed regional and global issues with Spanish counterpart Jose Manuel Albares. Jaishankar is here on a two-day visit — his first to Spain as the external affairs minister — nearly two-and-a-half months after Spanish President Pedro Sanchez visited India.

According to EY, the average remuneration for female non-executive board directors in financial services firms across the country rose by 7%, from $209,987 in 2019 to $225,275 in 2023. Meanwhile, their male counterparts saw their income decline 1% in the same period, from $301,966 to $299,076. Breaking it into units, in 2023 UK female directors earned $75 for every $100 earned by a male counterpart, $5 more than in 2019 ($70 versus $100). Diversity Project eyes expansion of Pathway Programme into the US in 2026 Martina Keane, EY UK & Ireland financial services leader, said ...

Nvidia has raised worries even as the Biden administration proposed a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries.

Robin Uthappa blamed batting great and former India captain Virat Kohli for Ambati Rayudu's exclusion from the 2019 ODI World Cup squad despite playing 10 matches for the country leading to the tournament. The comments came when the inaugural T20 World Cup winning player was speaking to Lallontop.

Kingfisher, one of the country's most popular brands, after Heineken-controlled United Breweries last week suspended its sales in a dispute over prices.

Joy n Crew said it has roped in senior officials from Cox & Kings, one of the world’s oldest travel brands to strentghthen their top management.

Jagmeet Singh, leader of Canada's New Democratic Party (NDP) and a former ally of outgoing Prime Minister Justin Trudeau issued a sharp rebuke to US President-elect Donald Trump’s statements about annexing Canada. In a video message shared on X (formerly Twitter), he said: “Our country is not for sale. Not now, not ever,” condemning Trump’s long-standing rhetoric about making Canada the 51st US state.

The Canadian economy generated 91,000 jobs in December, beating economist estimates and pushing down the unemployment rate to 6.7 per cent from 6.8 per cent the month before.

U.S. president-elect Donald Trump suggested he would use “economic force” to annex Canada at a press conference this week, marking an escalation in the string of threats and jibes he has made against the country since his election.

Maha Kumbh Mela 2025, the world’s largest spiritual gathering, commenced with the sacred ‘Shahi Snan’ on the auspicious day of Paush Purnima. Devotees from across India and around the globe congregated at the holy Triveni Sangam in Prayagraj, Uttar Pradesh, to perform the ritualistic holy dip. This iconic confluence of the Ganga, Yamuna, and the mythical Saraswati rivers holds immense significance in Hindu tradition, symbolizing spiritual purification and renewal.

Subscribe to enjoy similar stories. Dreaming of a magical white Christmas in Europe but worried about the cost? Mumbai-based entrepreneur Mufaddal Kagalwala and his wife Sakina Gandhi turned this dream into a reality—without breaking the bank. By taking advantage of off-season deals on flights and hotels, the couple pulled off an unforgettable 13-day journey across Hungary, Slovakia, Austria, and the Czech Republic—all for under ₹3.5 lakh.

Subscribe to enjoy similar stories. The keenly fought 2000 US presidential election between George W. Bush and Al Gore was decided by the US Supreme Court, which stopped a manual count of votes initiated by Florida’s top court, terming it a violation of the country’s constitutional framework.

Investing in foreign countries for global residencies has been gaining traction in recent years. Several countries have hiked the costs of their residencies, seeing this high demand. But there are still some low-cost alternatives available, with lower living costs and lower eligibility criteria.

Subscribe to enjoy similar stories. A viral video featuring Larsen & Toubro Chairman S.N. Subrahmanyan urging employees to consider a 90-hour work week and work on Sundays has sparked widespread discussion, reigniting the debate on work-life balance.

Subscribe to enjoy similar stories. Almost everywhere, government-bond yields are rising fast. Those on ten-year American Treasury bonds are almost 5%.

Sundararaman Ramamurthy, MD & CEO, BSE, says as the nation grows, so does its economy, leading to the expansion of individual enterprises. Entrepreneurs are investing their life savings into their ventures, and I believe that small and medium-sized enterprises (SMEs) will thrive, with many advancing to the main board. Once listed, these companies may pursue multiple exchange listings, enhancing liquidity, credibility, and access to financing, which will support greater capital formation and benefit the economy. What is your view on how the SME listings for BSE would move for this year? Sundararaman Ramamurthy: Let me give you a macro picture and then let me come to the BSE picture. From a macro level, we are talking about 6.2, 6.3 crores of SMEs in the country. Today we are talking about the total listing of some 1,000 plus companies across exchanges. All the 6.2 crore companies may not be big enough to come for listing or may not be requiring a listing as well.

Joe Biden spoke on with relatives of three Americans the US government is looking to bring home from Afghanistan but no agreement has been reached on a deal to get them back, family members said. Biden's call with family members of Ryan Corbett, George Glezmann and Mahmood Habibi took place in the waning days of his administration as officials try to negotiate a deal that could bring them home in exchange for Muhammad Rahim, one of the remaining detainees at Guantanamo Bay. Corbett, who had lived in Afghanistan with his family at the time of the 2021 collapse of the US-backed government, was abducted by the Taliban in August 2022 while on a business trip and Glezmann, an airline mechanic from Atlanta, was taken by the Taliban's intelligence services in December 2022 while travelling through the country. Officials believe the Taliban is still holding both men as well as Habibi, an Afghan American businessman who worked as a contractor for a Kabul-based telecommunications company and also went missing in 2022. The FBI has said that Habibi and his driver were taken along with 29 other employees of the company but that all except for Habibi and another person have since been freed.

Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said. The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, as well as 183 vessels that have shipped Russian oil, targeting the revenues Moscow has used to fund its war with Ukraine. Many of the tankers have been used to ship oil to India and China as Western sanctions and a price cap imposed by the Group of Seven countries in 2022 shifted trade in Russian oil from Europe to Asia. Some tankers have also shipped oil from Iran, which is also under sanctions.

Infosys is set to roll out its annual pay hikes from February, ushering in the New Year on a happy note for its employees. The country's second largest software exporter will hand out letters to employees falling at job level five (JL5) and below next month with the raise effective retrospectively from January 1. Those at JL6 and above will receive their letter in March with the hike taking effect from April, a senior company executive told employees at an Infosys Validation Services unit (IVS unit) town hall on Friday, people briefed on the subject told ET.