Country Financial News

Ajit Doval called on Sri Lanka President Ranil Wickremesinghe in New Delhi on Friday. Wickremesinghe who arrived in New Delhi yesterday on a two-day visit was welcomed by Union Minister of State (MoS) for External Affairs, V Muraleedharan. Wickremesinghe will meet with Prime Minsiter Narendra Modi today at the Hyderabad House here.

Beijing and other cities braced for severe flooding on Friday as summer storms rolled across many parts of China, while inland regions baked in intense heat, threatening to shrink the country's biggest freshwater lake. Wild weather swings have gripped China since April, causing deaths, damaging infrastructure and wilting crops as well as raising fears of its ability to cope with climate change. Historically, China enters its peak rainy season in late July, but extreme weather has made storms more intense and unpredictable, exposing heavily built-up megacities with poor or insufficient drainage to potentially deadly floods. In Beijing, authorities have deployed this week over 2,600 people to drain dozens of pumping stations in advance and clear thousands of water drainage outlets along roads. Several bus routes plying the suburbs and mountainous areas were halted. Authorities in the neighbouring city of Tianjin also ramped up flood control efforts in the Hai basin, a major northern drainage system. By contrast, scant rainfall in Jiangxi province has resulted in Poyang Lake, the country's largest body of fresh water, ebbing to its lowest level for this time of the year since records began in 1951.

By David Milliken

By Nick Carey, Paul Lienert and Victoria Waldersee

«And, of course, unlisted space, when people started discovering that maybe around 10 years back, you would see value buys,» says Nimesh Kampani, 108 Capital.In last four months of this comeback equity market for the listed space, what has happened in the unlisted space? Has the unlisted space got re-rated? If yes, which are some stocks where the re-rating has been massive?The markets move in tandem. So, of course, public markets will always be at the forefront and be the barometer and then the private markets follow that. And private markets have now two parts.

employees feel unwanted at work at least sometimes, highlighting the need for stronger employee engagement initiatives, finds a new survey. More than a third of respondents (34%) considered changing jobs due to negative emotions at work, while nearly a third (28%) actually tried to change jobs, according to the 'Belonging in the Workplace' report by workplace experience and facilities management company ISS.

crypto asset bourse to provide regulators with transaction records and better protect crypto investors, the government announced this week. The launch of the exchange and clearing house is also intended to strengthen monitoring of the booming sector amid a transition in regulatory oversight, according to the Commodity Futures Trading Regulatory Agency (Bappebti). Indonesia bans the use of cryptocurrencies as a means of payment, but allows investment in the assets. Such investment boomed during the pandemic, with data showing that as of June, 17.54 million people in the country had invested in the digital assets, more than the number of investors registered with the stock exchange. Rising global interest rates have, however, dampened demand for crypto assets in recent months.

By Oksana Kobzeva and Vladimir Soldatkin

By Kate Abnett

RBI report on state finances, the eight NE states have registered a compounded annual GST hike of 27.5 per cent, the finance minister said. Her comments came at the Investiture Ceremony for conferring the Presidential Award for ‘Specially Distinguished Record of Service’ to officers and staff of the Central Board of Indirect Taxes and Customs (CBIC). The finance minister said, “The GST's principal largely is on the basis of tax & consumption not just tax on the basis of where it is produced.

Queensland mango growers say they will be priced out of the lucrative Japanese market by revised export regulations, claiming extra red tape will be a “wrecking ball” for the multi-million dollar sector.

Flipkart at 12pm along with select retail stores across the country. Nothing Phone (2) succeeds the Nothing Phone (1). It comes powered by Qualcomm Snapdragon 8+ Gen 1 processor paired with Adreno 730 GPU.

Janet Yellen’s push to elevate economic ties with Vietnam, on display with a high-profile trip this week, is drawing fire for seeking to strengthen US supply chains by replacing one repressive country with another. Yellen, who in December wrote, “We must shift away from supply chains that violate core human rights” — a reference to documented abuses in China — is meeting Vietnam’s prime minister, finance minister, central bank governor and chair of its national assembly on a three-day visit to Hanoi.

Infosys reported lower-than-estimated June quarter results, the shares of the IT major plunged over 9% on BSE to Rs 1311.60 in Friday's early trade. Brokerages remained mixed on the stock following Q1 results. Among foreign brokerages, Jefferies recommended a 'Buy' while Nomura suggested a 'Reduce'.

Mint could not independently confirm the development. A video shared on Twitter by blogger Uliana Yapparova captured Vladimir Putin engaged in a conversation with Ivan Shtokman.

Eric Garcetti believes that the politicians need to focus on leadership and governance and the elections would take care of them. «I love elections, and maybe it's because I've been in many of them. But it's a moment where the people get to prove that they're in control, that it's not the top down, it's the bottom up in our countries; a moment to listen to candidates, hear what they're going to say, and make a decision based on what's in your own best interest,» US Ambassador to India Eric Garcetti told PTI in an interview.

Beethoven, have returned to Vienna, where the legendary 19th century German composer was buried, experts said Thursday. US businessman Paul Kaufmann donated the fragments, which he inherited, to the Medical University of Vienna where researchers will probe the illnesses suffered by the impresario and his cause of death. «This is where the bones belong, back in Vienna,» Kaufmann told reporters.

H.E. President Ranil Wickremesinghe to explore multiple range of projects in Sri Lanka. In a Twitter post, Adani revealed that the discussions covered the ongoing development of Colombo Port West Container Terminal, a 500 MW wind project, and the expansion of their renewable energy expertise to produce green hydrogen.

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

Infosys shares may have a gap down opening in stock market's opening bell today. According to stock market experts, in Q1FY24 results, Infosys has cut down its revenue growth guidance to 1 per cent to 3.50 per cent.

DK Shivakumar is the richest MLA in the country with assets worth ₹1,413 crore, according to the ADR report.  However, a BJP MLA from West Bengal has the lowest assets worth ₹1,700 in the country. Among the richest MLAs in India, four legislators belong to Congress, while three are from the Bharatiya Janata Party (BJP).