Country Financial News
20.07 / 08:11
Digital
CEO
Platform
country
Deaths
Unsafe food causes 600 million infections & 4.2 lakhs deaths every year: FSSAI CEO
New Delhi: Unsafe food is the reason behind a staggering 600 million infections and 4.2 lakh deaths every year, G Kamala Vardhana Rao, chief executive, Food Safety and Standards Authority of India (FSSAI) said on Thursday at the first Global Food Regulators Summit 2023. The summit aims to create a global platform of food regulators to exchange perspectives on strengthening food safety systems and regulatory framework across the food value chain.
20.07 / 08:11
COST
UPS
FIVE
Booking
Manufacturing
performer
country
Indian
Top 5 Indian Stocks with Consistently Rising Operating Margins
operating margins. Operating margin measures the percentage of revenue a company keeps as operating profit. It indicates the profitability of a business and facilitates competition among competing businesses or different industries.
20.07 / 08:11
FIVE
Aviat
country
Here are the top 5 upcoming airports in India that will elevate the country's aviation profile
Here are the top five upcoming airports in India t... moreHere are the top five upcoming airports in India that will further elevate the country's aviation profile.
20.07 / 08:11
Twitter
Waters
country
12-hour a day working Bengaluru employee loses over 50% of income to taxes. Netizens agree
earning of ₹5000, he had to pay 30 percent as tax to the government and later he said that on buying some beverages from the remaining money, for which he had to pay 28 percent as tax. To this, he added that he who is working 12 hours a day had to pay more than 50 percent of his income to the government. In his tweet dated 15 July, he wrote, "Today I earned ₹5,000. I had to give 30 percent to the government as tax. I thought of buying some caffeinated beverages from the remaining money and had to give 28 percent as tax.
20.07 / 08:11
COST
UPS
Discover
track
country
jio financial
Financial
RIL-Jio Financial demerger could give tough competition to existing NBFC players like Bajaj Finance, say experts
Reliance Industries (RIL) will create a non-banking financial behemoth with a size of approximately ₹1.5 lakh crore which could pose a tough challenge to existing non-banking financial companies (NBFCs), according to experts. The financial arm of Reliance Industries was demerged from its parent company Reliance Industries today. The demerged entity RSIL (Reliance Strategic Investments Limited), would be renamed JFSL (Jio Financial Services Limited) and it will be listed separately on NSE and BSE in the next few months.
20.07 / 08:11
COST
Provident
PayPal
JPMorgan
Chase
country
Reserve
Time
US Federal Reserve looks to match India with launch of new real-time payments service FedNow
Federal Reserve is to launch a new payment service that could allow Americans to send and receive money in seconds. The new service, called 'FedNow', will initially launch with 41 banks and 15 service providers, including community banks and large lenders such as JPMorgan Chase, Bank of New York Mellon and US Bancorp, with plans to add more banks and credit unions later this year. The Federal Reserve has been working on the service since 2019, but it was initially opposed by the big banks, who argued it was redundant, but later agreed to participate as they believe FedNow will expand the services they can offer their customers.
20.07 / 07:33
Reuters
Manufacturing
Platform
Compilation
country
Chinese professor says youth jobless rate might have hit 46.5%
Chinese professor that the country's youth unemployment rate might have hit close to 50% in March has revived a debate about official statistics and focused attention on a weak labour market. The National Bureau of Statistics said that month's jobless rate for people between the ages of 16 and 24 was 19.7%, less than half of what Peking University professor Zhang Dandan estimated. If 16 million non-students «lying flat» at home or relying on their parents were included, the rate could have been as high as 46.5%, Zhang wrote in an online article in Caixin, a respected financial magazine.
20.07 / 07:33
COST
Cooper
Action
Mobile
country
financing
energy transition
Low
G20 members agree to work on low-cost financing for energy transition
The members also agreed on a voluntary action plan for lowering the cost of finance for energy transition, sources close to the development told ET. A report, under India's presidency, on low-cost financing for energy transition which estimates global annual investment of over $ 4 trillion on such developments, was noted by the group. The unanimous agreements were a result of the major deliberations on the first day of the group’s two-day meeting beginning July 19.
20.07 / 06:31
MET
Southern
country
star
How billionaire backing turned kabaddi into India’s No. 2 sport
Premier League (IPL), billionaire Anand Mahindra was asked to invest in the now-hugely successful short-format cricket tournament that transformed the global fortunes of the sport. The tycoon, who heads the automotive and industrial conglomerate Mahindra & Mahindra Ltd., wasn’t particularly interested in what he considered a dull, passive vanity project. But it did spark an idea.
20.07 / 06:13
COST
UPS
Yellow
show
country
Gold hits 2-mth high, $2,000 in sight as inflation cools
Investing.com — Gold prices rose in Asian trade on Thursday, hitting an over two-month high as weak UK inflation data fed more bets that global interest rates were close to peaking, while some weakness in the dollar also helped.
20.07 / 06:13
Lowe's
country
Now Netflix users have to pay more to share account & password with friends
Netflix users will no longer be able to share accounts or passwords with friends for free. Netflix will impose a total ban on account and password sharing in several countries such as India, Croatia, Indonesia, and Kenya, from July 20 onwards. The main objective of this move is to boost revenue growth.
20.07 / 06:13
Twitter
Progressive
Action
shootings
country
Manipur video: Government took action when video made public, says RRAG
Rights and Risks Analysis Group (RRAG) stated that “the Government of India instead of taking action against the war criminals is shooting at the messenger i.e. Twitter where egregious videos were shared.
20.07 / 06:13
Lowe's
Platform
Mobile
country
end
Netflix puts an end to password sharing in India, restricts one account to one household
streaming service Netflix said it has started cracking down on password sharing in India, along with other markets including Kenya, Indonesia and Croatia. Subscribers from only a single household would be able to access an account. This comes after Netflix in May, started rolling out a ban on password sharing worldwide.
20.07 / 06:01
20.07 / 04:29
Platform
Software
country
Q1 results 2023: Infosys, HUL to Coforge — 25 companies to declares Q1 results today
Q1 results today: Despite concerns of global slowdown, Indian companies managed to deliver strong quarterly results in the previous quarter. Hence, market is expecting some better numbers from Dalal Street listed companies as in April to June 2023 quarter, Indian GST collection has remained robust and it has delivered better than expected GDP numbers as well. In fact, Indian economy has managed to keep the inflation under control as well.
20.07 / 04:29
country
Threat
Russian President Vladimir Putin to skip BRICS summit in South Africa due to arrest threat. Details here
Russian President Vladimir Putin will not attend next Russian President Vladimir Putin will not attend the BRICS summit in South Africa next month. Putin will be the only BRICS leader to attend the summit virtually while all other leaders will join the event in person in South Africa. “By mutual agreement, President Vladimir Putin of the Russian Federation will not attend the summit but the Russian Federation will be represented by Foreign Minister Mr.
20.07 / 04:29
Target
Fighting
Strategy
country
Wagner
Threat
Russian Politicians sound alarm: Wagner Group poses imminent NATO threat from Belarus
According to Andrey Kartapolov, a Russian politician and former army officer, the relocation of the Wagner group to Belarus positions Russia in a favourable position to swiftly target NATO assets near Poland and Lithuania. Kartapolov mentioned in a statement to Russian state television that the private military company has the capability to strike the border region of Poland and Lithuania within a short span of "a matter of hours" from its newly established base.
20.07 / 04:29
UPS
BLOCK
Platform
performer
country
exclusive
Netflix gains nearly 6 million subscribers after imposing password password sharing crackdown. Details here
Streaming giant Netflix announced on Wednesday that its crackdown on password sharing has been a huge success, resulting in an additional 5.9 billion subscribers. Netflix ended June with 238.4 million subscribers worldwide, and the company expects similar subscriber growth for the July-September period. The nearly 6 million subscriber jump is Netflix's best second-quarter performance since adding 10 million subscribers in 2020, under drastically different circumstances.
20.07 / 04:29
Twitter
Platform
track
country
“We're back, happy chatting!” tweets WhatsApp after global outage
WhatsApp in a tweet. As per Meta's status dashboard, the company had previously acknowledged experiencing disruptions with "receiving incoming messages and message delivery on WhatsApp." However, they have now resolved the issues reported by thousands of users globally, as stated on Downdetector.com, the outage tracking website. Downdetector, the outage tracking website, revealed that during the incident, there were over 37,000 reports of issues with the messaging service in the United States alone.
20.07 / 04:29
UPS
Parke
country
beautiful
cover
social
Afghan women take to streets to protest Taliban's ban on beauty parlours
Taliban's order to close down beauty parlours. As reported by AFP, the ban on beauty parlours is the latest measure imposed by the Taliban to restrict women's participation in public life. Since taking control in August 2021, the Taliban has imposed various restrictions on girls and women, including barring them from schools and universities, prohibiting them from visiting parks, funfairs, and gyms, and mandating them to cover up in public.
20.07 / 04:29
Kandi
stage
country
play
India vs Pakistan: Archrivals likely to play three matches against each other in Asia Cup 2023; save the dates!
The much-awaited official schedule of the Asia Cup has finally been unveiled, putting an end to the months-long dispute between the cricket boards of India and Pakistan. Pakistan has managed to retain the hosting rights for the prestigious tournament, but only four out of the 13 matches will be held in the country. The other participating teams include Sri Lanka, Afghanistan, Bangladesh and Nepal, making it a competitive field for the ODI competition.
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