Country Financial News

Kuala Lumpur, Malaysia & Gurgaon, Haryana, India – Business Wire India ​The latest research by Kincentric, a Spencer Stuart company focused on improving leadership impact by unlocking the power of people and teams, identifies a number of compelling business outcomes that can be achieved when organizations deliver a consistent and cohesive employee experience (EX) across the organization. The Global Employee Experience Trends 2023 Report reveals that employee engagement has plateaued over the last five years, and CEOs and CHROs must now shift their approach to EX if they want to accelerate business outcomes through their people.The study, backed by extensive data from over nine million respondents across 2500 organizations, 162 countries and 62 industries, emphasizes the need for leaders to act on employee experience more holistically, with consistency of experience emerging as a key factor in driving business impact.

Congress has approved measures to undo federal protections for the lesser prairie chicken and northern long-eared bat

Amazon is cutting jobs in its Fresh Grocery stores as part of a restructuring plan in the U.S. The company confirmed Thursday that its eliminating “zone lead” roles in its 44 Fresh Grocery stores

President Joe Biden plans to sign an executive order to encourage companies to manufacture new inventions in the United States

China has demanded that the United States invite Hong Kong’s leader to an economic conference following a news report that Chief Executive John Lee would be barred due to his role in crushing the city’s pro-democracy movement

Bolivia is using the yuan to pay for imports and exports, becoming the latest country in South America to regularly use the Chinese currency in a small but growing challenge to the hegemony of the U.S. dollar

When death threats forced Irish pop singer Sinead O’Connor to call off a peace concert in Jerusalem in the summer of 1997, a young man named Itamar Ben-Gvir took credit for the campaign against her

A growing number of young Chinese are moving overseas to escape their homeland's ultra-competitive work culture, limited opportunities and family pressures

The German economy is still failing to grow

Russian President Vladimir Putin is courting leaders from Africa at a summit, hailing the continent’s growing role in global affairs and offering to expand political and business ties

The head of a leading aid group says an impasse at the United Nations over a border crossing with Syria’s last rebel-held enclave is endangering 4.1 million Syrians living there

The White House has announced a series of measures that it said would reduce the cost and increase the supply of housing while bolstering protection for renters

Gujarat International Financial Tec-City (GIFT City), started in 2007, is India’s first International Financial Services Centre created to provide a facility as available in other countries. Key regulatory developments started in 2015 with RBI and Sebi notifying regulations for exchange control and capital markets up until the Budget 2023 that ended dual regulations, and bringing the IFSC rules on par with those in Singapore and Dubai.

New Delhi: US-headquartered semiconductor component, engineering and services firm Lam Research on Friday announced its first pilot initiative for training semiconductor fabrication engineers in the country in partnership with the Indian Institute of Science (IISc). The memorandum of understanding (MoU) between Lam Research and IISc was unveiled at the Semicon India 2023.

India, 28th July, 2023: Its 10th Year of organisation and scaling from a startup with a revenue of 4.17 Cr to an IPO-listed organisation recording Rs. 40 Cr last financial year has been a journey to witness. NPST, the fintech brand that moved the gears in the financial Value chain today records 60% of last financial year's revenue in Q1 i.e., 25Cr.

New Delhi: Bharat Petroleum Corporation Limited (BPCL) on Friday entered into a strategic partnership with Ather Energy to fortify and expand the country’s largest electric vehicle (EV) charging network. Ather Energy will gain access to BPCL’s extensive network of over 21,000 fuel stations across India, paving the way for the installation of Ather’s fast-charging grid, the company said in a statement.

By Huw Jones

Bonds around the world extended a retreat as the Bank of Japan, so far a holdout on ultra-loose monetary policy, surprised investors by loosening its grip on yields.

New Delhi: India's GDP will nearly double in the next seven years to $6 trillion, and per capita income will increase to $4,000 by 2030, Standard Chartered Bank Research said in a report on Friday. India's GDP currently stands at about $3.5 trillion and per capita income at $2,450 during CY 2022.

New Delhi: To promote digital health adoption and make healthcare more accessible, the National Health Authority (NHA) has launched 100 Microsites Project under Ayushman Bharat Digital Mission (ABDM). According to the ministry of health and family welfare, these microsites will serve as clusters for small and medium-scale clinics, nursing homes, hospitals, labs, pharmacies, and other healthcare facilities that are ABDM-enabled and offer digital health services to patients.

New Delhi: The central government and the Asian Development Bank (ADB) on Friday signed a $200 million loan as additional financing for the ongoing Rajasthan Secondary Towns Development Sector Project to expand water supply and sanitation systems and enhance urban resilience and heritage living in selected towns, the ministry of finance said. The signatories to the loan agreement were Vumlunmang Vualnam, additional secretary, department of economic affairs, ministry of finance, for the Indian government, and Takeo Konishi, country director of ADB’s India Resident Mission, for ADB.