Country Financial News
19.07 / 13:15
19.07 / 13:15
UPS
Provident
country
exclusive
Emhoff will become the highest-profile US official to visit Samoa as US makes a Pacific islands push
Second gentleman Doug Emhoff next week will become the highest-profile U.S. official to visit Samoa, as the Biden administration steps up its outreach to Pacific island nations
19.07 / 13:15
UPS
Progressive
Waters
Discover
Rust
country
social
boost
clean energy
India sets sights on home-mined minerals to boost its clean energy plans
Indian officials, including at Wednesday’s Group of Twenty ministerial talks on clean energy, want the country to expand its critical mineral mining operations and make its own clean energy infrastructure from start to finish
19.07 / 13:03
country
Speculation
Nitish Kumar rejects speculation he is unhappy with opposition conclave
Nitish Kumar on Wednesday denied reports that he was dissatisfied with the opposition conclave held in Bengaluru for not being made the convenor of the newly formed alliance. Kumar claimed that the BJP will be wiped out in the 2024 Lok Sabha polls.
19.07 / 12:35
UPS
country
Indian
Indian Passport Gets Booster Shot; Moves Up 5 Places in Global Rankings | Details | In Focus
India’s passport is more powerful than ever before... moreIndia’s passport is more powerful than ever before.
19.07 / 12:35
UPS
MET
FIVE
Extreme
BAY
country
Heavy rains to continue lashing Maharashtra, Gujarat today, says IMD
New Delhi: The India Meteorological Department has said that extremely heavy rainfall will likely continue over Maharashtra, Gujarat, Konkan and Goa today. Maharashtra received 269% excess rains in the past 24 hours ended 0800m on 19 July. With this, the rainfall deficit in the state has come down to 9% compared with a deficit of 17% as of 18 July.
19.07 / 12:25
Target
Fighting
Continental
country
NOT
Russia's Putin will not attend BRICS summit: South Africa
Vladimir Putin will not attend a BRICS nations summit in South Africa next month, the country's presidency said on Wednesday, ending months of speculation. Putin's potential visit has been a thorny diplomatic issue for South Africa. The Russian leader is the target of an International Criminal Court arrest warrant — a provision that Pretoria as an ICC member would be expected to implement were he to set foot in the country. «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 (Sergei) Lavrov,» Vincent Magwenya, a spokesman for President Cyril Ramaphosa, said in a statement. The decision follows «a number of consultations» held by Ramaphosa in recent months, the most recent of which took place «last night,» Magwenya said.
19.07 / 12:25
Target
Digital
Manufacturing
Platform
Interface
country
Hero
Hero MotoCorp eyes 30 per cent sales via digital channels by 2030
Hero MotoCorp, has set a target to achieve 30 per cent of its sales on digital platforms by 2030. The company, which sold 54 lakh units of motorcycles and scooters in the last fiscal year, is also looking to have 30 per cent women workforce in the organisation by 2030.
19.07 / 12:15
COST
UPS
Man
Remark
country
Meet Dr Lalit Khaitan, the man scripting a spirited success story for Radico Khaitan; know how he created Magic Moments Vodka & 8 PM whisky
In the dynamic world of the liquor industry, one name stands out for revolutionising the Indian market with his experience-led wisdom – Dr. Lalit Khaitan, the Chairman and Managing Director of Radico Khaitan Limited. Over the years, Dr. Khaitan has spearheaded Radico Khaitan’s remarkable transformation from a modest bottler to one of India’s leading Indian Made Foreign Liquor (IMFL) players.
19.07 / 12:15
Strategy
track
country
Triumph appoints Ankur Damani as commercial director India and Sri Lanka
Triumph International has announced the appointment of Ankur Damani as the commercial director for India and Sri Lanka. In his new position, Damani will play a key role in driving growth for Triumph Lingerie by developing a robust business strategy aimed at boosting sales and retail net profit in the Indian market.
19.07 / 11:51
UPS
Citi
Target
Danone
Uniper
Winter Olympics
country
After Seizing Western Assets, Russia Puts Chechen Official, Local in charge
Russia has appointed Chechnya’s agriculture minister as the new head of Danone’s business in the country and tapped a Russian businessman to run Carlsberg’s operations there, cementing control of the Western multinationals’ Russian assets days after they were seized. President Vladimir Putin on Sunday signed a decree that effectively placed the local operations of the French food company and Danish brewing giant under government management. Russia’s unexpected seizure of assets belonging to two of the world’s largest consumer-goods companies marked an escalation in economic hostilities with the West amid the war in Ukraine.
19.07 / 11:51
UPS
Digital
Manufacturing
Dreams
stage
country
India's Semiconductor Dream: Is It Becoming a Reality?
Semiconductors have become the unsung heroes of the digital age. They silently power the devices that have become essential to our lives. These tiny wonders are the backbone of everything from smartphones, computers, advanced medical equipment, and transportation systems.
19.07 / 11:49
UPS
Citi
Provident
Mobile
country
social
G20 meeting in Indore to be 'zero waste' event
G20 Employment Working Group which began in Indore city of Madhya Pradesh on Wednesday is going to be a 'zero waste' event, with plastic bottles not allowed and writing pads of reusable paper being used. Indore, notably, has been ranked as India's cleanest city in the national cleanliness surveys conducted by the Union government for the last six years. The G20 meeting is aimed at finding solutions to the current global challenges in the areas of labour, employment and social security to workers.
19.07 / 11:49
country
Silver
Gold jumps Rs 650; silver climbs Rs 600
Gold price jumped Rs 650 to Rs 60,700 per 10 gram in the national capital on Wednesday amid strong global trends, according to HDFC Securities. The precious metal had ended at Rs 60,050 per 10 gram in the previous trade.Silver also climbed Rs 600 to Rs 77,600 per kilogram.
19.07 / 11:05
BLOCK
Extreme
Action
Apple
Tesla
country
foreign
China says foreign trade faces 'extremely severe' situation, blames geopolitics for slump
BEIJING — China's Commerce Ministry on Wednesday said non-economic factors were growing and interfering with the country's foreign trade which was facing an «extremely severe» situation in the second half of this year.
19.07 / 10:59
UPS
Provident
BLOCK
Binance
Platform
country
services
Financial
Australian
Australian Securities Regulator Revokes FTX’s Local Financial Services License
The Australian Securities and Investments Commission (ASIC) has canceled the financial services license of FTX’s Australian subsidiary effective from July 14, impacting 30,000 customers.
19.07 / 10:55
UPS
Citi
Provident
Gap
country
Porter launches Intercity courier service for seamless shipping across India
Porter, a tech-based on-demand logistics companies, announced the introduction of its Inter-city Courier Services, aimed at transforming the way goods are transported across the country. This tech-enabled Inter-city delivery offering is set to ease the logistics landscape by providing doorstep pickup and delivery services to a wide range of customers, including SMEs, retail businesses, and regular consumers.
19.07 / 10:55
Extreme
country
School closures caused extreme learning losses, need to be prepared for next pandemic: World Bank prez Ajay Banga
School closures during the COVID-19 pandemic caused extreme learning losses, World Bank President Ajay Banga said on Wednesday, underlining the need to devise a mechanism to prevent such situations before the next pandemic hits. «We have a real challenge for the generation which was undergoing schooling during the pandemic,» Banga said, responding to a question by PTI. «Developed and developing countries were learning how to deal with it when we were hit by the COVID-19 pandemic.
19.07 / 10:55
Manufacturing
performer
country
boost
Goyal to meet industry leaders on July 22 to discuss ways to boost manufacturing, exports
Piyush Goyal will hold discussions with representatives of top 100 companies on July 22 in Mumbai on ways to increase share of domestic manufacturing and boost the country's exports, an official said. Senior officials from the Department for Promotion of Industry and Internal Trade (DPIIT) including Secretary Rajesh Kumar Singh are also expected to participate in the deliberations. In the discussions, the ministry would seek suggestions from the industry on ways to increase share of manufacturing in India's GDP; increase exports of goods and services; and reforms to further unlock economic development and improve business environment, the official added.
19.07 / 10:29
UPS
Waters
COMPOSITE
Pride
show
country
Indian
Government must work to restore faith in Indian statistics
Fostering trust in institutions is one of the cornerstones of ensuring enduring belief in democratic systems. India’s statistical systems and infrastructure, despite its numerous warts, had a place of pride in the Indian democratic ethos and informed policymaking. But the standards of – and the lack of investments in – the official statistics collection machinery over the years have left a lot to be desired.
19.07 / 10:23
Provident
Aware
Strategy
Remark
Immunic
country
adult
Health experts bat for adult vaccination programmes in India
India. Vaccines have a significant impact on overall health, they said, expressing concern regarding the poor status of adult vaccination in India. Vaccination can prevent over 95 per cent of deaths caused by vaccine-preventable diseases in the country.
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