Country Financial News

20.07 / 18:39
Airlines SPY country Economy, China on India-Lanka agenda
New Delhi: India and Sri Lanka are expected to discuss economic connectivity and China during the visit of president Ranil Wickremesinghe starting on Friday. This is the Sri Lankan president’s first visit to India since taking office after his predecessor Gotabaya Rajapaksa was swept from power amid mass protests in 2022. Wickremesinghe’s visit comes even as his country continues to grapple with a protracted economic crisis with inflation soaring at 25.2%.
20.07 / 18:39
Platform track country Password policing
Netflix’s crackdown on password-sharing has reached Indian shores, with the company on Thursday announcing that only members of a household will be able to access a single account. So, those viewing Netflix through the accounts of others will now either have to bear a snap-off or subscribe independently.
20.07 / 18:39
UPS Lowe's Platform stage country Netflix brings password sharing curbs to India
New Delhi: Streaming platform Netflix has finally decided to introduce curbs on password sharing in India, a move aimed at building scale as well as ringing in revenue growth, said media experts. However, this could result in significant decline in subscriber numbers, they added. On Thursday, the company said it would start sending out emails to subscribers sharing the service with people outside the household in India.
20.07 / 18:39
UPS Provident Aware Action stage country Solar India may build solar infra in Pacific island nations amid Chinese push
New Delhi: India is considering expanding its solar STAR-C initiative, run by the International Solar Alliance, to a number of Pacific Island countries, according to persons aware of the matter. The programme aims to boost solar power ecosystems in the poorest countries. In the Pacific, it currently runs in Tonga.
20.07 / 18:39
UPS Progressive ICE performer country HUL posts 8% rise in Q1 net profit; volumes still muted
Hindustan Unilever Ltd (HUL), the largest household goods maker in India, reported an 8% increase in profit in the June quarter as it intensified advertising and marketing expenses to tackle rising competition. However, the results slightly missed street expectations. Net profit climbed to Rs2,472 crore for the three months ended 30 June from Rs2,289 crore a year ago, the company said in a statement to the stock exchanges on Thursday.
20.07 / 17:43
Extreme Action show country social CMS Mamata Banerjee says CMs of states ruled by INDIA coalition parties in talks to visit Manipur
Banerjee on Thursday said that she was in talks with CMs of states ruled by parties in the opposition coalition INDIA to send a delegation to the Northeastern state. Speaking to reporters, she said «mothers and daughters» of the country are crying after seeing the May 4 video from Manipur that showed two women being paraded naked by a mob. «Today, I am extremely troubled.
20.07 / 17:25
Cooper Micron Microchip Huawei country China doesn’t want a trade war with the US but will retaliate against further curbs, ambassador says
China's ambassador to the United States says it does not want a trade war but will retaliate against any further U.S. restrictions on technology and trade
20.07 / 17:25
COST MET CEO country open George Soros' Open Society Foundations plan to limit their grantmaking until February
Open Society Foundations said Wednesday that they plan to limit new grantmaking until February, as the nonprofits transition to a new operating model
20.07 / 17:25
UPS CEO Actor show country Biden pushes a strong role for unions in tech jobs, even as potential strikes are on the horizon
President Joe Biden is courting unions as a cornerstone of the United States' economic future with a speech at a Philadelphia shipyard
20.07 / 17:25
Provident MET Remark country Yellen visits Vietnam, seeking to build US ties and supply chains, and offset tensions with China
U.S. Treasury Secretary Janet Yellen has told top Vietnamese officials that Washington considers building strong economic and security ties with Vietnam a priority
20.07 / 17:25
Target CEO Fighting Nestle Sony country Undue influence? Anonymous donations to World Health Organization's new foundation raise concerns
A private foundation launched in 2020 to help raise funds for the World Health Organization has reported that nearly 40% of its donations so far came from anonymous donors
20.07 / 17:25
UPS Digital PayPal JPMorgan country Your paycheck could clear faster now that the FedNow instant payment service for banks has launched
The Federal Reserve has launched a new instant payment service that allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send money between banks
20.07 / 17:25
COST Waves Action stage country cover hospital services Thousands of UK hospital doctors walk out in the latest pay dispute, crippling health services
Thousands of senior doctors in England are staging a 48-hour walkout to demand better pay and conditions
20.07 / 17:25
UPS Citi Provident show country Wagner Training Russia's Wagner mercenaries launch joint training with Belarusian military near Poland's border
Mercenaries from Russia’s military company Wagner have launched joint drills with the Belarusian military almost a month after their short-lived rebellion
20.07 / 17:25
Career Entertainment country star singer pop Pop star Shakira will face a second tax probe in Spain
Pop star Shakira is facing more trouble from Spain’s tax office after a court near Barcelona agreed to open an investigation into a second case of alleged tax fraud by the Colombian singer
20.07 / 17:25
Provident Williams Monarch country Deal King Charles III Public funding for King Charles III and royals has been recalculated due to windfarm deal profits
The U.K. Treasury says the amount of public funding for King Charles III and the royal family’s official duties has been recalculated for next year because of an unexpected profit boost from offshore wind farms on the monarch’s Crown Estate
20.07 / 17:03
Citi Reuters show country Oil extends gains over cautious trading on lower US crude stocks; Brent near $80/bbl
WTI crude was 35 cents, or 0.5 per cent, higher at $75.64.  Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a August 21 expiry, were last trading lower by 0.05 per cent at ₹6,203 per bbl, having swung between ₹6,126 and ₹6,254  per bbl during the session so far, compared to their previous close of ₹6,206 per bbl. Brent crude prices have broken through to a higher range this month, after being stuck at $72-$78 in May and June, according to Citi analysts, after Saudi output cuts and geopolitical risks supported demand.  -Oil prices fell in the previous session after data showed US inventories fell less than analysts expected.
20.07 / 17:03
UPS show country More than 40 nations lining up to join BRICS bloc: South Africa
BRICS summit next month and has invited 69 global leaders to attend related events, showing the bloc’s interest in boosting its influence, according to Sooklal.  South Africa will host the BRICS summit in Johannesburg between August 22-24 to which a total of 69 countries have been invited, including all African states.
20.07 / 17:03
country foreign Foreign exchange India 2023 foreign exchange earnings from tourism could reach pre-covid level
₹71,235 crore compared with ₹23,584 crore in the same period in 2022, as per the ministry. To put in perspective, India earned a total of ₹2.1 trillion in foreign exchange from tourism in 2019, an increase of 8.3% year-on-year. Going by the latest data, experts believe India is well placed to meet 2019 foreign exchange earnings from the tourism industry.

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