Country Financial News

01.08 / 17:09

Provident Digital Merit Compilation Interface country Digital public infrastructure ought to girdle the globe

Prime Minister Narendra Modi’s State visit to the US saw major commercial announcements such as Micron’s commitment to establish a semiconductor plant in India, a deal to acquire 31 Predator drones from General Atomics, and an agreement between Hindustan Aeronautics Limited and General Electric to make jet engines for Tejas fighters. A bilateral commitment to implement Digital Public Infrastructure (DPI) like India’s Unified Payments Interface (UPI) got lost in the breathless media coverage. Part of a June 2022 joint statement, it has the potential to set a new template for public-private digital partnerships, Historically, the public sector has funded physical infrastructure such as road and rail networks, especially in developing countries.

01.08 / 17:09

Apple Tesla country mars elon Elon Musk shares a photo of Testa Phone, boasts, 'can be used from Mars'

Tata Motors imports battery cells from China.

01.08 / 16:41

UPS Action country star FIFA Women’s World Cup 2023: Australia to clash with Denmark in round of 16 match. See details

Denmark in their first official knockout game of the FIFA Women's World Cup 2023 round of 16. It was practically obvious that Australia would face Denmark in this vital round of the competition after England's commanding victory over China in Adelaide.

01.08 / 16:41

Airlines country DGCA clears IndiGo's flights to Almaty from Sep 5

DGCA has approved IndiGo's plans to start flight services to Almaty in Kazakhstan. The country's largest airline by domestic market share has embarked on an ambitious international expansion.

01.08 / 16:31

UPS Provident Assurant Immunic country social infection Let’s welcome well controlled human infection studies

Controlled human infection studies, also known as challenge trials, involve a process by which test subjects are intentionally infected with diseases under controlled circumstances to test a new vaccine or pharmaceutical drug to see if it can successfully achieve its medical aims. If intentionally infecting humans sounds awful, this is, by no means, a new technique.

01.08 / 16:31

UPS Action Assurant Strategy country Axe the oil windfall tax: It’s outlived its rationale

₹4,250 per tonne from ₹1,600, while diesel now faces a levy of ₹1 per litre (as against nil earlier), according to a new government notification. As crude oil prices—which have hit a three-month high—look set to boost the profits of Indian refiners again, the Centre seems keen to get its pound of flesh. The question, though, is whether the levy should exist at all.

01.08 / 15:49

UPS Manufacturing country cover electronic Govt rolls out mandatory quality norms for smart meters, welding rods

DPIIT) on July 14. These items cannot be produced, sold/traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark, the notification stated. Now, manufacturing, storing and sale of non-BIS certified products are prohibited as per the BIS Act, 2016.

01.08 / 15:49

Target Progressive Manufacturing country Solar India to emerge as one of the world's largest solar module makers: R K Singh

largest solar module manufacturers and has the fastest growing capacity in renewable energy, Union Power Minister R K Singh said on Tuesday. Stating that India has a considerable existing solar manufacturing capacity, he pointed to «even larger capacities under construction, including polysilicon».

01.08 / 15:35

UPS Citizens Fighting Injustice country NOT 'Not democracy, but dictatorship, Hitler-shahi in country,' alleges Congress chief Mallikarjun Kharge

Congress president Mallikarjun Kharge on Tuesday accused the government of not allowing the opposition to speak in Parliament and of «insulting» him by turning off his mike as he asserted that the INDIA coalition would not be intimidated and would defeat the BJP in the 2024 Lok Sabha elections. Changing that the BJP government was trying to threaten and intimidate the opposition parties in Parliament, he alleged that there was «dictatorship and Hitler-shahi» in the country instead of democracy. Kharge said he was being insulted in Parliament and not being allowed to speak despite being the leader of the opposition in Rajya Sabha.

01.08 / 15:17

UPS Extreme Aware shootings AGRO country Rice export ban clogs ports with 200,000 tonnes stock

NEW DELHI : Cargos and containers full of rice are lying at Indian ports, unshipped after the government announced export restrictions with immediate effect last month. Though most cargos had obtained customs clearance before the directorate general of foreign trade put out the notification banning white rice exports on the evening of 20 July, as much as 200,000 tonnes of the grain are still lying at ports, including 5,000 tonnes at Syama Prasad Mookerjee Port in Kolkata.

01.08 / 15:11

Provident Target FIVE Cooper Action Assurant country Attack on VHP procession in Nuh was well-planned: CM Manohar Lal Khattar

Manohar Lal Khattar on Tuesday termed the Nuh violence as «unfortunate» and said the attack on a VHP procession was «well-planned which pointed to a larger conspiracy». Five people have been killed in the violence that erupted on Monday. Four people, including two home guards, died and many others injured in Nuh, where mobs tried to stop a Vishva Hindu Parishad (VHP) procession, while a naib imam was killed at a mosque in Gurugram.

01.08 / 15:11

Lowe's FIVE Action Parke CAT country Deaths Kuno cheetah deaths: Government identifies potential sites in MP, Rajasthan for cheetah accommodation

National Tiger Conservation Authority (NTCA) have told the Supreme Court that apart from the Kuno National Park, they have identified potential sites for cheetah introduction in Madhya Pradesh and Rajasthan. These include Gandhi Sagar Wildlife Sanctuary and Nauradehi Wildlife Sanctuary in Madhya Pradesh and Shahgarh Bulge, Bhainsrorgarh Wildlife Sanctuary and enclosure of Mukundra Hills Tiger Reserve in Rajasthan.

01.08 / 15:08

Citi Remark awards Pride country star Aditya Birla New Age Hospitality adds four restaurant brands including Hakkasan and Yauatcha to its portfolio

Aditya Birla Group's hospitality arm, Aditya Birla New Age Hospitality (ABNAH) has announced a strategic deal to add four restaurant brands including Michelin starred Hakkasan, the award winning Yauatcha and Nara Thai to its portfolio. ABNAH has acquired a 100% stake in KA Hospitality Private Limited (KAH), the company that owns the home-grown brand CinCin and franchise rights of the other three global restaurant brands. The four brands are positioned across the customer value pyramid, spanning the mid market to premium segments, the company said.

01.08 / 15:07

UPS Provident Digital Google track country Trans Some Companies Shun Long-Awaited Trans-Atlantic Data Agreement

Some businesses are holding off on signing up for a long-awaited new data agreement between the U.S. and the European Union, waiting to see whether the benefits outweigh the risks. After three years of negotiations, the EU gave final approval in July to a new deal that allows companies to store data about Europeans on U.S.

01.08 / 15:03

UPS Citi VISA show country raid Countries Raid Each Others’ Health Systems in Global Battle for Nurses

A global shortage of healthcare workers is setting off a bruising worldwide battle for talent, as rich countries raid other nations’ medical systems for staff to care for their aging populations. The competition has helped countries such as the U.S. and Australia replace some nurses who quit in record numbers during the height of the Covid-19 pandemic.

01.08 / 14:47

UPS Provident Target CEO show country Why are advisors overlooking Peak 65 women’s retirement needs?

A new report shows so-called Peak 65 women are more than twice as likely than Peak 65 men to purchase an annuity if recommended by their financial advisor.

01.08 / 14:46

UPS Reuters Apple Tesla country Indian Tesla needs to copy Apple in pairing Chinese, Indian suppliers, say officials: Report

Indian officials have advised Tesla—building a plant in India—to follow Apple in finding “local firms to partner with any Chinese suppliers involved" Reuters reported Tuesday citing government sources having direct knowledge of the matter. The company is in talks with New Delhi about setting up a factory in India but strained India-China ties—after 2020 border clashes—complicate Tesla's plans for bringing in Chinese suppliers crucial for components as India does not have local suppliers for the same.

01.08 / 14:42

UPS Provident Gap Racing show country GAO 401(k) balances highlight major wealth gap, GAO says

A review of 401(k)s shows account balances that are emblematic of widening wealth inequality among older Americans, the Government Accountability Office said in a report Thursday to Congress.

01.08 / 14:15

Provident country surges India’s renewable energy capacity surges to 172 GW: Minister

New Delhi: India’s relentless pursuit of renewable energy has paid off, with the country’s installed renewable energy capacity in India has increased from 115.94 GW in March 2018 to 172.00 GW in March 2023, said Union minister for new & renewable energy R. K.

01.08 / 14:15

UPS Provident Cooper Manufacturing Action country Hero Who is Pawan Munjal? Hero MotoCorp confirms ‘ED visit’ at Chairman's residence; here's what we know

Enforcement Directorate (ED) on August 1 raided the residence of Hero MotoCorp chairman Pawan Munjal in a case of alleged money laundering, signalling a major escalation of investigation against the prominent businessman. The law enforcement agency conducted searches at his premises located in Delhi and neighbouring Gurugram, and registered a case against him under the Prevention of Money Laundering Act (PMLA), reported news agency PTI. Earlier today, the country's largest two-wheeler automobile manufacturer informed the stock exchanges that ED had visited Munjal's residence and two of its offices.

01.08 / 14:15

Remark country India’s installed wind energy capacity to rise to 99.9GW by 2029-30

New Delhi: India’s wind energy sector is witnessing a remarkable surge, with the installed capacity reaching an impressive 43,773 megawatts (MW) as of 30 June 2023, said RK Singh, Union minister for new & renewable energy and power. The country’s focus on sustainable energy sources has resulted in a substantial 71,814 million units of electricity being generated from wind energy during the fiscal year 2022-23.

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