Country Financial News

Off The Record Tour’ in India. The tour has been extended due to popular demand and will mark his first-ever performance in the country. Having achieved sold-out shows in the USA and Europe between 2022 and 2023, the 'Off The Record' Tour' is now set to captivate audiences in Asia, with its first stop in India, followed by Dubai.

Former productivity commission chairman Peter Harris has dismissed suggestions that Australia can only sustain two airlines as the “height of absurdity”, declaring that resetting slots at Sydney Airport will boost competition and lead to better consumer outcomes.

Mallikarjun Kharge on Tuesday urged Prime Minister Narendra Modi to make a «comprehensive» statement in both houses of Parliament on the violence in Manipur. He said the situation in the northeast was fragile and the repercussions of the Manipur violence seem to be spilling over to other states too, asserting that it was not good for the country's sensitive border states.

SUV, a saloon and a racing car on display. The price tags were high (around €50,000, or $54,000, for the passenger car and almost €75,000 for the SUV; the racing car was not for sale) but they seemed considerably lower than those of German rivals such as Mercedes or BMW—until you read the fine print. The battery is not included.

Aditi Tripathi, a 10-year-old girl of Indian origin residing in London, has achieved what many can only dream of—visiting 50 countries before reaching double digits in age. Aditi's impressive adventure began at an early age, courtesy of her accountant parents, Deepak and Avilasha Tripathi, who were determined to provide their daughter with an unparalleled global experience. While many parents might worry about the impact on education, Aditi's parents masterfully balanced both worlds.

capital market regulator’s approval to raise funds through an initial public offering (IPO). The Chennai based company had in April refiled draft red herring prospectus (DRHP) with Securities & Exchange Board of India (SEBI) for the IPO. It has obtained Sebi’s observation letter on July 18.

Sri Lankan Navy has arrested nine Indian fishermen and seized two trawlers for allegedly poaching in the country's territorial waters, according to an official statement on Tuesday. The arrests were made near Delft Island, Jaffna. The fishermen, from Tamil Nadu, were apprehended on Monday, the Navy said.

Supreme Court on Tuesday refused an urgent hearing on a batch of pleas against a ban imposed on the Students Islamic Movement of India (SIMI). A bench of Justices S K Kaul and Sudhanshu Dhulia asked the lawyer who sought the listing of the matter to approach the court once the hearing on the issue of Article 370 of the Constitution is over.

Reliance Jio’s 4G feature phone is expected to drive a higher market share loss among 2G users of Bharti Airtel as compared to Vodafone Idea, further delaying tariff hikes, analysts said. They added that attractive pricing and reasonable device quality will drive market share gains for Jio. “While Bharti's network is better than its other 2G peers, its dominant share in the feature-phone market will lead to higher subscriber losses. We expect Bharti to witness voice subscriber churn of 17 million by March 2026,” Jefferies said in a report. As per estimates, Airtel has over 130 million active 2G subscribers and around 100 million paying voice subscribers, implying a 40-50% share among the 250 million feature-phone market. Earlier this month, Jio had launched the Rs 999 internet enabled feature phone — Jio Bharat, with the aim to capture a majority of the 2G user base in the country. With attractive pricing, those feature phone users who are at the end of their device life, are likely to save 26% on their mobile spends. “This leads to an annual addressable market of 60-65 million users for Jio Bharat and we expect Reliance Jio to gain 55 million subscribers by March 2026,” the report said. Analysts further said that hefty network capacity additions along with Jio Bharat launch underscore the Mukesh Ambani-led company’s rising focus on subscriber gains and it did not bode well for tariff hikes. “Hence, we change our tariff hike assumptions of a 15% hike towards end CY23 to 20% hike in 2Q FY25, which leads to a 3-5% cut to our FY24-25 India mobile Arpu (average revenue per user) estimates,” the report added.

Netflix has unveiled its latest feature, the 'My Netflix' tab. Designed as a personalized hub, the tab offers a comprehensive view of users' activities and interests within the streaming platform. This move comes as part of Netflix's continuous efforts to keep viewers hooked to its vast library of content.Variety has reported that starting from Monday, the 'My Netflix' tab will replace the Downloads tab on the Netflix app, providing users with a streamlined experience. The tab incorporates various sections, including a consolidated list of downloaded TV shows and movies, titles that have received a thumbs-up, items saved in the My List watch list, watched trailers, set reminders for upcoming releases, a list of ongoing series and films, and a record of recently viewed content. According to Edith Chao, the Netflix product manager, the 'My Netflix' tab is tailored to users' preferences, and the more they interact with the platform, the more customized the recommendations will become.

Addressing the BJP's Parliamentary Party meeting earlier on Tuesday, PM Modi said, «From the Opposition's conduct, it seems that they have decided to remain in the Opposition. We have to work in the interest of the public and move forward.» He added that India's image has been elevated before the world and the BJP will keep putting in the hard yards in this direction. «Today, India's image before the world has improved significantly and we are committed to keep working in this direction,» PM Modi added at the BJP meeting.

Investing.com — Chinese property stocks rebounded sharply from recent losses on Tuesday, aided chiefly by promises of more economic support for the ailing sector from top policymakers.

By Rae Wee

far-right coalition led by the prime minister, Binyamin Netanyahu. The law all but eliminates the court’s ability to overturn government decisions on the grounds of “reasonableness". Since the coalition presented its plans nearly eight months ago, hundreds of thousands of Israelis have taken to the streets in protest.

Narendra Modi on Tuesday taunted the opposition alliance Indian National Developmental Inclusive Alliance (I.N.D.I.A), dropping names like East India Company and Popular Front of India to emphasise that people cannot be deceived merely by invoking the country's name. While addressing at the parliamentary party meeting, he said that the frustrated and disappointed opposition has decided to remain in their current position. Sources close to the development said, with opposition parties rallying around the name of their 'INDIA', Modi hit back at them saying it is just an attempt to mislead people.

L&T’s consolidated net profit in Q1FY24 is expected to grow around 25% year-on-year (YoY) to ₹2,130 crore, according to average analysts’ estimates. The infrastructure giant may report revenue growth of about 13% YoY in the first quarter of FY24 at ₹40,500 crore. On the operational front, L&T’s Q1 earnings before interest, taxes, depreciation and amortization (EBITDA) may rise 15% YoY to ₹4,565 crore, while its EBITDA margin is expected to expand by 29 basis points (bps) to 11.3%.

A large wildfire burning on the Greek island of Rhodes for a fifth day has forced authorities to order an evacuation of four locations including two seaside resorts

According to a person familiar with the situation, the NBA Board of Governors has voted to approve Michael Jordan’s sale of the Charlotte Hornets to an ownership group led by Gabe Plotkin and Rick Schnall

The government is reported to be mulling various strategies to deal with the European Union’s Carbon Border Adjustment Mechanism, or C-BAM. Here is what the government should do: present the EU with a Carbon Dioxide Removal Obligation (CDR-O) tax on imports from the economic bloc, with a provision for setting off C-BAM against CDR-O levies. The EU sees itself as the global leader in fighting climate change.

BRICS meeting in South Africa on Monday, according to a statement issued by the Ministry of External Affairs. During the meeting, NSA conveyed that the situation along the LAC in the Western Sector of the India-China boundary since 2020 has eroded strategic trust and the public and political basis of the relationship, the statement read.

COVID pandemic, but the virus continues to infect people in different parts of the world. A new case of MERS-CoV has been reported by the WHO in Abu Dhabi on Monday. According to the World Health Organisation, an adult in his twenties was diagnosed with potentially fatal Middle East Respidatory Syndrome Coronavirus (MERS-CoV) after he was admitted in hospital last month.