Country Financial News
29.12 / 16:57
markets
Gap
economy
President
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Celebrity
country
Mint Primer: How H-1B visas got caught in the MAGA debate
Subscribe to enjoy similar stories. It allows companies to hire foreign workers for specialized roles in the US. America’s tech industry heavily relies on engineers and professionals from countries like India, with over 70% of H-1B visa holders being Indian, highlighting their role in the US tech economy.
29.12 / 16:03
markets
Citi
country
reports
testing
travelers
International
China unveils world's fastest high-speed train prototype, to travel at 450 kmph
high-speed bullet train which its manufacturer claims reached speeds of 450 kmph during the test runs, making it the world's fastest high-speed train. According to the China State Railway Group Co (China Railway), the new model, known as the CR450 prototype, will further shorten travel time and improve connectivity, making travel more convenient and efficient for the country's vast passengers.
29.12 / 16:03
29.12 / 15:31
Digital
Mobile
Metro
Experts
show
country
reports
Headcount at state-owned banks slumps to lowest in 13 years, shows RBI data
Subscribe to enjoy similar stories. Mumbai: The number of employees at India’s public sector banks is at its lowest in 13 years, showed latest data released by the Reserve Bank of India (RBI), with mergers leading to slower branch expansion and many finding greener pastures elsewhere. Thirteen years ago, in FY11, public sector banks employed 755,102 people, while at the end of FY24, the number stood at 756,015, the RBI data showed.
29.12 / 15:17
29.12 / 15:17
markets
Man
Strategy
Destiny
PAM
country
isolate
Former PM Manmohan Singh was India's man of destiny: G P Hinduja
Manmohan Singh was India's man of destiny and the country owes much to the former prime minister, who played an integral role in bringing India from nuclear isolation to the mainstream of global nuclear nations, Hinduja Group Chairman G P Hinduja said on Sunday. In a tribute to Singh, who passed away on Thursday, Hinduja said he was a colossus among economists.
29.12 / 14:21
29.12 / 13:01
COST
Provident
FIVE
Manufacturing
Strategy
Mobile
country
EV financing no longer risky, says Shriram Finance's executive vice chairman Umesh Revankar
Subscribe to enjoy similar stories. Financing electric vehicle (EV) purchases is no longer risky compared to about five years ago, as more established players are now manufacturing such vehicles and the zero-emission mobility ecosystem has grown in the country, Shriram Finance's executive vice-chairman Umesh Revankar said. "I do not see a risk in lending for electric vehicles now because I feel technology is getting established and becoming more reliable because of the presence of large and established manufacturers.
29.12 / 10:07
markets
MET
Research
wellness
country
Olympics
Sporting
2024: The year where sports met AI met fitness
Subscribe to enjoy similar stories. This was the year of elections with about 80 countries going to the polls. This was also the year when live music hit a new high with Taylor Swift’s Era tour and Diljit Dosanjh’s Dil-Luminati Tour setting new records.
29.12 / 09:07
markets
Strategy
Trade
PAM
country
recommendations
Commerce Ministry seeks anti-dumping duties on PVC paste resin imports from China, 5 others
anti-dumping duty of up to USD 707 per tonne on imports of PVC paste resin, used to make artificial leather and other technical textiles' products, from six countries, including China, for five years, with an aim to guard domestic producers.
29.12 / 08:33
country
social
innovations
shock
rights
inequality
India must go beyond economic efforts to dodge a middle-income trap
Subscribe to enjoy similar stories. As we come to the end of the year, I want to draw attention to a debate that ought to have received greater attention. In August, Indermit Gill, World Bank’s chief economist, shocked everyone by arguing that on current trends, it would take India 75 years to achieve a quarter of the United States’ per capita gross domestic product (GDP).
29.12 / 07:23
29.12 / 06:23
Citizens
Software
awards
President
country
rights
Interviews
Trump appears to side with Musk, tech allies in debate over foreign workers roiling his supporters
President-elect Donald Trump appears to be siding with Elon Musk and his other backers in the tech industry as a dispute over immigration visas has divided his supporters
29.12 / 05:05
markets
Citizens
Strategy
PAM
Pride
country
social
Why PV Narasimha Rao was not given the funeral he deserved?: BJP's Gaurav Bhatia
BJP and Congress over memorial space for former Prime Minister Manmohan Singh, BJP leader Gaurav Bhatia, in a counter attack, asked Congress the reasons for not building a memorial and not giving the «deserved» funeral to former PM PV Narasimha Rao.
29.12 / 01:05
29.12 / 01:05
markets
UPS
Digital
Manufacturing
Strategy
Apple
country
Towering ambitions: Foxconn's expanding footprint in India
iPhone or very soon even the Google Pixel that amps up your swag quotient might owe its existence to a Foxconn shopfloor. And yet, the story began rather modestly in India, 18 years ago. But lately, as India climbs the affordability and style quotient ladder, the Taiwanese major is pumping in billions to expand its manufacturing footprint in the country.
28.12 / 19:57
markets
Strategy
Election
PAM
country
social
Is Donald Trump, Elon Musk divorce on the cards as MAGA civil war erupts over H-1B visa stance? Here's what the President-elect's supporters are saying
Elon Musk and Donald Trump's relationship may hit a glitch in the coming days, as they are reportedly not at par with their stances about immigration and H-1B visa. Recently, Donald Trump supporters lashed out at Elon Musk for calling for more skilled foreign-origin workers to come to the US and brighten the working community, as he believes that there is a lack of bright engineers and skilled workers in America, something that has triggered a major section of Conservatives who voted for Trump in the US Presidential elections 2024.
28.12 / 18:21
28.12 / 16:57
markets
President
students
country
social
reports
travelers
Donald Trump is already in business even before his inauguration; his advisor warns Californian cities: don't interfere with illegal immigration enforcement, or else
Donald Trump will be ascending to power at the White House on January, 2025 when he takes over the reigns from Joe Biden, the current US President. The first action that Trump is reportedly going to undertake will be mass deportations of illegal immigration, which is facing due resistance from a faction of US regions. However, Trump's reported deputy chief of staff in his upcoming administration, Stephen Miller and his nonprofit has sent over letters to California officials, along with dozens of others across the country, about the consequences of resisting the illegal immigration enforcement.
28.12 / 13:01
Career
wellness
Celebrity
country
Olympics
stars
badminton
IIM graduate quits corporate job to be a wedding photographer; has shot Ambanis, Katrina Kaif, PV Sindhu marriage
Joseph Radhik, a renowned photographer known for his stunning captures of grandeur, has carved a niche in documenting some of the most opulent and significant weddings of Indian celebrities. His exceptional career includes photographing iconic events like the Ambani family weddings, celebrated as among the most lavish affairs in the country. Radhik's portfolio also boasts high-profile unions such as those of Olympic badminton champion PV Sindhu and Venkata Datta Sai, as well as Bollywood stars Katrina Kaif and Vicky Kaushal. A highlight of his career was capturing the second pre-wedding celebrations of Anant Ambani and Radhika Merchant on a luxurious cruise, where he skillfully preserved moments of joy and splendour.
28.12 / 11:07
markets
Cooper
Strategy
PAM
country
social
Special prayers for Manmohan Singh held across Bhutan; King attends funeral
Jigme Khesar Namgyel Wangchuck on Saturday attended the funeral of former prime minister Manmohan Singh, a day after leading the Himalayan nation in offering prayers for the Indian leader at a Buddhist monastery in Thimphu.
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