Country Financial News

21.07 / 12:13
UPS country REC ACME Group secures Rs 4,000-cr loan from REC for Oman green hydrogen project
ACME Group on Friday said it has tied up a Rs 4,000-crore loan from state-owned REC Ltd for its green hydrogen and ammonia project in Oman. The amount will be used to commence the first phase of the project, to be established at the Special Economic Zone (SEZ) in Duqm, Oman, a company statement said. Once the first phase is ready, about 100,000 tonnes of green ammonia is expected to be produced per annum initially, which will subsequently go up to 1.2 million tonnes a year.
21.07 / 12:13
MET Forrester country Mike and Annie Cannon-Brookes to separate
Mike Cannon-Brookes, one of the wealthiest businessmen in the country, is separating from his wife Annie, sources close to the family said.
21.07 / 12:07
CEO Citigroup Kraken country Trading Places: Deutsche names new UK CEO, Kraken hires in London, Hargreaves chair steps down
Deutsche BankpromotedNicola Atkinson, its chief operating officer in the UK and Ireland, to interim chief executive for the countries following Tiina Lee's move to Citigroup. Atkinson, who has worked at the German lender since 2005, will take on the CEO position on an interim basis. Atkinson was latterly COO for the UK and Ireland, having taken the role in 2018 after stints in corporate finance and regulatory relationship management at Deutsche Bank.
21.07 / 11:51
Target country Inside social Canadian Police Alert High-Value Crypto Investors Being Subject to Burglaries
Canadian authorities have reported several incidents of robbery “whose victims are high-value cryptocurrency investors.” As a result, the country's federal police service issued a warning about this potential trend of home invasion-style burglaries targeting crypto investors.
21.07 / 11:37
UPS Sony country Inside electronic bass Sony WF-C700N launches in India with up to 15 hours of battery: Details inside
₹8,990. It will be available across Sony retail stores (Sony Center and Sony Exclusive), the www.ShopatSC.com portal, major electronic stores, and other e-commerce websites in the country. Sony says that the WF-C700N can cancel out background noise with noise cancelling or use the Ambient Sound Mode to stay connected with natural surroundings.
21.07 / 11:35
UPS Target country India achieved its target of producing energy through non-fossil fuel sources ahead of schedule: R K Singh
R K Singh on Friday said that India has achieved its target of producing 43.6 per cent of its total energy through non-fossil fuel sources nine years ahead of the schedule. The Minister of Power and New and Renewable Energy was addressing the opening session of the G20 14th Clean Energy Ministerial meeting and 8th Mission Innovation meeting in Goa. «India has already achieved the target of producing 43.6 per cent of its total energy through non-fossil fuel sources.
21.07 / 11:35
Digital Cooper Progressive Southern country social Indian India's growth will be beneficial to Indian Ocean Region: Sri Lanka President Ranil Wickremesinghe
Ranil Wickremesinghe on Friday said that he believes that India's growth will be beneficial to the neighbourhood and the Indian Ocean region (IOR). Wickremesinghe today held delegation-level bilateral talks with Prime Minister Narendra Modi following which India and Sri Lanka adopted a vision statement to significantly expand their economic partnership.
21.07 / 11:35
UPS Citi Provident Target Southern country Russia aims missiles at Ukraine's farm storage after days of hitting port facilities
Black Sea port infrastructure. Hours later, seven Russian missiles also damaged what officials described as an «important infrastructure facility» southwest of the port city of Odesa, in what appeared to be part of an ongoing Kremlin effort to cripple Ukraine's Black Sea food exports. Officials did not immediately provide details of that attack.
21.07 / 11:35
Fighting country Training US military drone crashes in Polish woodland during training
Poland after contact was lost during training, Poland's Defence Ministry said Friday. The ministry said that no one was hurt and there was no damage from the incident on Thursday afternoon. Polish media reported that an eyewitness saw an object crashing in the woods near the village of Trzebien and notified the fire brigade.
21.07 / 11:17
Remark Enterprise country cover electronic GST a success story in northeast India: Sitharaman
₹558.26 crore during 2016-17, and its IGST collection increased manifold to ₹7,097 crore (FY 23). Similarly, Sikkim and Meghalaya registered a significant achievement with collections increasing from ₹263.5 crore to ₹3,136 crore and ₹587.21 crore to ₹2,078 crore, respectively, she said. "The GST is a symbol of what post-independence India can do towards building a constitutional mechanism just so that the center and state work together to improve revenues," Sitharaman said.
21.07 / 11:17
Discover country How can China contain its $8.3 trillion fiscal crisis? | Mint Explains | Mint
Explore the precarious financial situation in Chin... moreExplore the precarious financial situation in China as we delve into the country's extensive debt crisis, focusing on the growing concern surrounding local government financing vehicles (LGFVs).
21.07 / 11:17
Facebook UPS VISA Google country Portal Canada Visa: Portal to apply for work permit for H-1B visa holders closed in just one day. Here's why
Canada Immigration policy also offers study or work permits for applicant's family members. The Canadian government's decision to allow 10,000 H-1B visa holders in the US to come and work in the country is expected to benefit Indian professionals.
21.07 / 10:57
Target Reuters CEO JPMorgan Chase country JPMorgan to expand online bank Chase to Germany, EU - Handelsblatt
BERLIN (Reuters) — JPMorgan (NYSE:JPM) will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told German newspaper Handelsblatt, a move that increases competition for European rivals in a crowded market.
21.07 / 10:47
Provident Cooper show country Power FTX lawsuit alleges big bonuses, abuse of power, and a private island
Bankrupt FTX Trading Ltd.’s latest lawsuit against co-founder Sam Bankman-Fried and his former top executives revealed new details about the allegations of massive fraud at the fallen crypto conglomerate. 
21.07 / 10:47
Cooper Career CEO Actor country social US SIF’s new CEO talks ESG challenges, opportunities for advisors
Maria Lettini recently took the helm at US SIF: The Forum for Sustainable and Responsible Investment. Lettini was previously the executive director of UK-based FAIRR Initiative, which addresses the risks and opportunities of animal agriculture for institutional investors. As the new leader of one of the major industry groups in the country promoting ESG disclosure and sustainable investing, she spoke with InvestmentNews about the challenges in the current environment and the need to engage financial advisors.
21.07 / 10:25
COST UPS Provident Aware Manufacturing country medicines Centre Centre-run hospitals asked to prescribe generic medicines only: Health Minister Mansukh Mandaviya
Union Health Minister Mansukh Mandaviya told the Lok Sabha on Friday. Till June 30, 9,512 PMBJKs have been opened across the country. The Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations, 2002 prescribes that every physician should prescribe drugs with generic names legibly and preferably in capital letters, he said in a written response to a question in the House.
21.07 / 10:17
Man country Manipur women parade case: Mob burns down house of main accused
Manipur's Kangpokpi district on May 4, police said on Friday. In Imphal, a mob of women set fire to the house of Huirem Herodas Singh at Yairipok village in Thoubal district late on Thursday evening. The Manipur police on Thursday night said that four accused, including Singh, have been arrested in connection with the shocking case of women disrobed and paraded. Chief Minister N. Biren Singh, who also holds the home portfolio, told the media that interrogation of the arrested persons is being conducted by senior police officials and at this juncture, he would not be able to disclose the details. «The state police is making all out efforts to arrest the remaining culprits at the earliest. Raids are continuing,» the Manipur Police tweeted.
21.07 / 10:15
Provident Cooper Strategy Mobile country social India can become one of the largest providers of skilled workforce in the world: PM Modi
New Delhi: Prime Minister Narendra Modi on Friday said India is well placed to be one of the largest providers of skilled workers globally while calling for rapid universalization of social security benefits for workers. The prime minister said that the world is at the threshold of some of the greatest changes in the employment sector and stressed on the need to prepare responsive and effective strategies to address these rapid transitions. In this era of the Fourth Industrial Revolution, the prime minister said, technology has become and will remain the core driver for employment.
21.07 / 10:15
Remark country India coal production rises 8.55% to record 223.36 million tonne in Q1FY24
New Delhi: India’s coal production grew 8.55% year-on-year (YoY) to 223.36 million tonne (MT) during the June ended quarter of fiscal 2023-24, the ministry of coal said in a statement on Friday. “India’s coal sector achieved a remarkable milestone in the first quarter of FY 2023-24, by recording highest ever coal production at 223.36 million tonne (MT), representing a substantial growth of 8.55% compared to the production of 205.76 MT during the same period during FY 2022-23," the ministry said. Coal India Limited (CIL) clocked 175.48 MT of production between April and June, marking a growth rate of 9.85%YoY.
21.07 / 09:49
Provident Assurant country Schools International Hyderabad's international schools witness high demand amidst growing popularity nationwide
international schools in Hyderabad experience an overwhelming surge in applications, with long queues forming outside their doors despite the steep fees. Across the country, the trend is similar, indicating a rising preference for these schools due to their holistic approach to education. Parents in Hyderabad, like in other parts of India, acknowledge that the substantial fees are offset by the assurance of overall development that these international schools offer.

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