Country Financial News

Lynas has hadits US government funding more than doubled as the Biden administration accelerates its mission to secure supplies of rare earths.

To celebrate Switzerland's 700-year-old pact of unity against outsider, Google Doodle opted for a waving national flag of the country. The day is celebrated as Switzerland's National Day on 1 August 2023. On this day, people from all 26 cantons ( can be understood as districts) celebrate the country's culture and history with huge fervour.

State Bank of India on Monday concluded the sale of ₹10,000 crore worth of infrastructure bonds amid robust demand from investors. The country's largest lender may opt for the same instrument for its next round of fundraising through debt, potentially within the current quarter. The bank on Monday sold the 15-year infrastructure bonds at a coupon of 7.54%, representing an aggressive spread over the comparable government security curve of such a tenure, the bank said in a release.

China on Monday announced export controls on some drones and drone-related equipment, saying it wanted to safeguard "national security and interests" amid escalating tension with the United States over access to technology. The restrictions on equipment, including some drone engines, lasers, communication equipment and anti-drone systems, will take effect on Sept. 1, the commerce ministry said.

Prime Minister Justin Trudeau’s government has degraded Canada’s standing in the world since he took office in 2015. A cabinet shuffle won’t change this fact — not only because Foreign Affairs Minister Mélanie Joly remains in her post, but because there is a fundamental lack of understanding of geopolitics and economics among the Liberal ranks.

The amount of sovereign debt in default rose by 35 per cent in 2022 as interest rates climbed, reaching US$558 billion and representing 0.6 per cent of public debt worldwide, according to data gathered by the Bank of Canada and Bank of England.

Chinese Vice Premier He Lifeng says Beijing has invested $25.4 billion dollars in Pakistan in the past ten years under the China-Pakistan Economic Corridor, or CPEC package

Congress and the Thackeray faction of the Shiv Sena have disapproved of Nationalist Congress Party president Sharad Pawar handing over Prime Minister Narendra Modi with the Lokmanya Tilak National Award at a meeting in Pune on Tuesday. The MVA constituents said that it would send the wrong message to the people. Modi's BJP had weaned away a faction of NCP recently.

New Delhi: With a large numbers of eye flu or conjunctivitis cases being diagnosed across the country, eye specialists are worried that it could be a new emerging threat related to viral infection. Northeastern states, Delhi, Rajasthan, Uttar Pradesh, Maharashtra and Gujarat are recording maximum number of such cases. (Dr) Jeewan Singh Titiyal, professor of ophthalmology and Chief of RP Eye Center at AIIMS (Delhi) said, “There is an outbreak like situation of Conjunctivitis or eye flu this year.

Republican presidential hopeful Ron DeSantis is taking aim at China with a 10-point economic plan he's calling a “Declaration of Economic Independence.”

New Delhi: With a spurt in sale of over-the counter ophthalmic drops due to sudden outbreak of conjunctivitis cases across India; state drug regulators have strictly advised the chemist associations to avoid such sales in the absence of prescription from a registered medical practitioner. Drug regulators have also asked the pharmacies to keep records of such sales, failing with stringent action will be taken against them. Ophthalmic solutions refer to a wide range of lubricating eye products which are often used to relieve dryness and irritation in eyes, and if not taken under the guidance of a doctor can damage eyes.

NEW DELHI : Maruti Suzuki India Ltd (MSIL) on Monday said it has decided to buy out its contract manufacturing partner Suzuki Motor Gujarat (SMG) from parent Suzuki Motor Corp. (SMC) at a potential book value of ₹12,755 crore. India’s largest carmaker aims to complete the transaction by 31 March 2024, R.C.

NEW DELHI : NXP Semiconductors, founded as a division of Royal Philips NV, is open to setting up a fabrication unit in India, subject to the development of a suitable ecosystem in the country, said Hitesh Garg, vice-president and India country manager. “If there is an ecosystem developed here, we will support the ecosystem. We will make sure that we are doing the manufacturing of our chips which are possible to be done here in India," Garg said, reiterating views expressed by NXP chief executive officer Kurt Sievers, who was in India earlier this year and met Prime Minister Narendra Modi.

Seven West Media chairman Kerry Stokes and his commercial director Bruce McWilliam will be forced to hand over thousands of their emails exchanged with Ben Roberts-Smith’s legal team as Nine pursues Seven West Media for the costs of the disgraced soldier’s failed defamation action.

NITI Aayog released its national Multidimensional Poverty Index (MPI) for 2023. The big takeaway was that between 2015-16 and 2019-21, about 135 million people were lifted out of poverty. A few weeks earlier, PRICE, an independent not-for-profit think tank, released its latest consumer survey.

Mint. Chawla told Mint that they are monitoring the situation on the ground as there should not be misuse of antibiotics. Similar, advisory is being issued by the drug controller of the other states/UTs like UP, Haryana, Maharastra keeping the outbreak situation within their jurisdiction.

New Delhi: In order to weed our spurious drugs and medicines, India’s apex drug regulator has called for strict implementation of bar codes or QR codes on top 300 medicine brands such as Allegra, Shelcal, Calpol, Dolo, and Meftal Spas among others from Tuesday. The Drugs Control General of India (DCGI) has directed the pharma companies to strictly follow the new regime failing which stiff penalties will be imposed.

monsoon season, 2023 is expected to be normal — 94 to 106% of Long Period Average (LPA), according to the India Meteorological Department (IMD). The rainfall will «most probably be on the negative side of the normal, meaning in the range of 94-99% of the LPA,» said Mrutyunjay Mohapatra, director general, IMD. Most areas adjacent to the Himalayas, east central India and some parts of east and northeast India are likely to see normal to above normal rainfall during the August-September period.

El Mago Pop," is set to dazzle audiences with a physics-defying feat during the 8:00 AM ET hour of NBC's «Today» show. The highly anticipated performance will take place live on the iconic Rockefeller Center Plaza, marking his first appearance on national television. It can be live streamed on the channel's official accounts. Antonio Díaz expressed his gratitude and excitement for the opportunity, saying, «If 25 years ago, you told that child that practiced card tricks in a little room in Barcelona that he would have his own show on Broadway one day, he would have never believed it. But sometimes, the impossible happens. Being one of the few illusionists in history to have his own show on Broadway is a privilege. Being the first one from Europe is amazing. But now my dream is to share with you the hours of work, practice, and impossible dreams. Tomorrow I'll present one of my illusions on Rockefeller Plaza, surrounded by people from all over the world, live for America. Introducing myself to this country on the „Today Show“ is an honor, and I would love to share an impossible moment with you. I will be waiting for you at the Ethel Barrymore Theatre. Thank you for being with us on this journey!»

Dog meat consumption, a centuries-old practice on the Korean Peninsula, isn't explicitly prohibited or legalized in South Korea

Edited excerpts: How are South Korean firms looking at the Indian semiconductor ecosystem? The semiconductor industry here is bound to see progress. And, when it comes to actually building facilities and factories for semiconductors, safety is the biggest issue. From the point of setting up factories to the point of operations, there’s a strategic process.