Country Financial News
09.12 / 11:29
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Israeli airstrikes target Syrian chemical-weapons systems
Subscribe to enjoy similar stories. TEL AVIV—Israel said it had struck chemical-weapons caches and other missile and air-defense systems in Syria on Monday, taking advantage of the chaos there to destroy what it sees as dangerous assets that could fall into rebel hands. Since the stunning assault by Syrian rebels that brought down the regime of President Bashar al-Assad over the weekend, Israel said it has taken immediate steps to ensure the protection of its border amid the uncertainty engulfing the country.
09.12 / 11:03
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Rajya Sabha adjourned for the day amid uproar over alleged link between Congress leaders and Soros
«The purpose of that meeting was to ensure that the House runs smoothly. Both sides had a frank discussion and they signalled two things. One, that integrity, and sovereignty of the nation are sacred for us. We cannot allow any forces within the country or outside to sacrilege our unity, our integrity and our sovereignty,» Dhankhar said, adding that the leaders have agreed to meet in his chamber again at 10:30 am on Tuesday. The Chairman then appealed to all members to carefully consider the oath of the Constitution they have taken to ensure the integrity of the nation on a priority basis.
09.12 / 10:53
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Squid Game, South Korea's Netflix mega hit, is back as Seoul battles real-life political chaos
Yoon Suk-yeol survived an impeachment motion over the weekend for his move, which plunged the country into its worst political crisis in about four decades. The show's return comes just days after South Korean President triggered a national crisis by briefly declaring martial law, until he was forced into a dramatic reversal by determined lawmakers. Yoon remains in office having survived an impeachment bid, with his party accused of staging a «second coup» to cling on to power. ALSO READ: Song Jae Rim death: South Korean actor's last Instagram post sparks concern among fan
09.12 / 10:29
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Trident Group plans to invest Rs 3,000 cr in Madhya Pradesh
Trident Group plans to invest Rs 3,000 crore in Madhya Pradesh to expand its operations in the state resulting in 3,000 new jobs, its Chairman Rajinder Gupta said on Monday. The Ludhiana-based vertically integrated textiles firm currently has operations involving sourcing cotton to produce finished goods in the state, it said in a regulatory filing. «We ventured into Madhya Pradesh a few years ago and invested Rs 5,000 crore. Today, our finished products from Madhya Pradesh are exported to 122 countries, with demand continually rising,» Gupta said while speaking at the Madhya Pradesh Regional Industry Conclave. Looking ahead, Gupta said the group «plans to invest an additional Rs 3,000 crore in the state's textile sector which will expand employment opportunities here at Trident Group from the current 12,000 to over 15,000».
09.12 / 10:29
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Mughals built all their mosques over temples: Praveen Togadia
Praveen Togadia has claimed that all the mosques built during the Mughal period were made by demolishing temples. Togadia made the remarks during a programme in the Bilsi area on Sunday evening. The visit is part of his ongoing western Uttar Pradesh tour ahead of the Maha Kumbh. «All the mosques built during the Mughal period were built by demolishing temples,» Togadia said, claiming he had seen a list of 12,000 temples that had been demolished to build mosques. The right-wing leader also raised concerns about the violence against Hindu community members in Bangladesh.
09.12 / 10:29
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Mauritius economy 'much worse than we imagined', new prime minister says
Navin Ramgoolam announced the audit days after his coalition won a resounding election victory in November, alleging the previous government had manipulated data to put a positive spin on the country's economic prospects. The former finance minister, Renganaden Padayachy, has not responded to requests for comment about Ramgoolam's allegations since the launch of the audit. Padayachy did not respond to further calls and a message seeking comment on Monday.
09.12 / 10:29
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FIVE
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A look at Virat Kohli's legacy as Test captain, a decade after 2014 Adelaide masterclass which started it all
Virat Kohli took to the field as the Test captain for the first time ever during the Border-Gavaskar Trophy against Australia, marking a start of perhaps country's golden period in Test cricket, which witnessed plenty of records broken, on-field confrontations and aggression and the long-format cricket at its very best, which marked a massive paradigm shift in the way India played its cricket in white clothing. The first Test against Australia at Adelaide Oval saw a 25-year-old donning the captain's blazer for the first time ever, due to MS Dhoni's unavailability due to an injury.
09.12 / 08:37
Action
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Assad falls thanks to a weak Tehran
Subscribe to enjoy similar stories. The fall of Bashar al-Assad’s regime in Syria marks the eclipse of Iran’s self-styled axis of resistance in the Middle East. While the successful advance of the Syrian Sunni insurgents into Damascus seemed sudden, it didn’t happen overnight.
09.12 / 07:23
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Ajit Ranade: Demography is destiny: A law that cannot be challenged
Subscribe to enjoy similar stories. Earlier this year, Singapore’s government noted with alarm that the country’s total fertility rate (TFR) in 2023 had fallen to a record 0.97. TFR is the average number of children born to a woman during her lifetime.
09.12 / 07:13
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International
Vancouver International Airport jet fuel workers issue strike notice
Vancouver International Airport have issued strike notice that would allow them to walk off the job Tuesday morning.The International Longshore and Warehouse Union Local 502 workers are employed by SGS Canada. They’re responsible for transporting jet fuel from sea vessels to the Vancouver International Airport.In a statement posted to the union website, the notice says, “Any strike action may affect the delivery of jet fuel to YVR.”ILWU Canada president Rob Ashton told Global News that the union is frustrated that the employer hasn’t been communicating with them.“The biggest challenge that we have right now is getting the employer back to the table.
09.12 / 07:13
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Trump says he can’t guarantee tariffs won’t raise US prices and promises swift immigration action
Donald Trump said he can’t guarantee that his promised tariffs on key U.S. foreign trade partners won’t raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned.The president-elect, in a wide-ranging interview with NBC’s “Meet the Press” that aired Sunday, also touched on monetary policy, immigration, abortion and health care, and U.S.
09.12 / 07:05
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Turning Trump’s tariffs on China into opportunities: These are the Indian products with additional export potential
Donald Trump’s election back into the office has begun with his loud announcements on heightened tariffs which has sparked concerns around the world. He recently targeted Mexico, Canada, and China, stating that if they fail to address the issue of illegal migration and drug smuggling into the US, he will impose a 25% tariff on all goods from Canada and Mexico; and “an additional 10% tariff, above any additional tariffs” on goods from China. While Trump has left India out of his initial tariff plans, he has made an announcement that if the BRICS (Brazil, Russia, India, China, and South Africa) countries create their own currency or back an existing currency to replace the United States dollar, the US will impose a 100% import tariff on these countries. As the world navigates through a realm of likely scenarios, when it comes to how the US exercises tariffs, there is China and then the rest of the world!
09.12 / 06:19
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How should the opioid settlements be spent? Those hit hardest often don’t have a say
People with substance use disorder are not getting a direct say on how most opioid settlement money is used
09.12 / 05:35
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India's luxury property market is a boon to Trump's business
Trump started his first campaign for the presidency, two Trump-branded buildings were going up in India, one in the financial capital of Mumbai and the other nearby in Pune. Before he won in 2016, the Trump Organization expanded its business in India, signing deals in two more big cities. The day after Trump's victory in November, a developer in India told local media about half a dozen new deals. Like the others, Indian companies buy the land, build the high-rises, sell the units and pay a fee to use the Trump name. These deals are putting India even more squarely in the Trump Organization's sights. And with Trump on his way back to the White House, the country is emerging as center stage for potential conflicts of interest.
09.12 / 04:51
Action
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Justice
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Courts
India slams developed countries for climate crisis at ICJ hearing
ICJ) on Thursday, saying they exploited the global carbon budget, failed to honour climate-finance promises and are now demanding that developing countries restrict their resource use. The court is examining what legal obligations countries have to address climate change and the consequences if they fail. India also urged the ICJ to avoid creating new obligations that go beyond the existing climate-change framework. «The court may exercise due caution to avoid devising new or additional obligations beyond what is already agreed under the existing climate-change regime, which take into consideration historic emissions, climate justice and the principal principle of equity and CBDR-RC, as well as the equitable access to the global carbon budget,» the country said.
09.12 / 04:41
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Morocco produces Africa’s first mpox tests as the continent tries to rely less on imports
After African countries struggled to get testing kits during the COVID-19 pandemic, officials vowed to make the continent less dependent on imported medical supplies
09.12 / 04:05
UPS
Analysis
economy
Trade
Experts
country
guidelines
NRI Talk: FCNR(B) Deposits - Higher rates offer NRIs an attractive investment opportunity
RBI guidelines and the rates at which they are able to lend in foreign currency,” says Bhavik Thakkar, CEO Abans Investment Managers. In an interview with ETMarkets, Thakkar said: “For NRIs since rates have gone down in global major economies, India FCNR rates relatively becomes attractive, if it further goes up, it may benefit them more,” Edited excerpts:
09.12 / 04:05
markets
COST
Digital
Sustainability
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Schools
How China became the world's largest car exporter
President-elect Donald Trump has promised to impose new tariffs on China. Many countries, including the United States, already levy extra tariffs on China's electric vehicles. But with all of the advantages China wields in automaking, this pushback is unlikely to undercut China's dominance. China's home market for car sales is the world's largest — almost as big as the U.S. and European markets combined.
09.12 / 03:31
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Trump signals an aggressive opening, threatening 'jail' for Cheney and others
Donald Trump outlined an aggressive plan for opening his second term in an interview that aired Sunday, vowing to move immediately to crack down on immigration and pardon his most violent supporters while threatening to lock up political foes such as Liz Cheney. In his first sit-down broadcast network interview since being reelected, Trump said that on Day 1 of his new administration next month, he would extend clemency to the hundreds of his backers who stormed the Capitol on Jan. 6, 2021, and try to bar automatic citizenship for children born in the United States to immigrant parents. Without giving a time frame, Trump also indicated that he would fire FBI Director Christopher Wray, out of personal pique because «he invaded my home» and was insufficiently certain at first whether Trump's wound during an assassination attempt this year was caused by a bullet or shrapnel. And he said that members of Congress who investigated his role in the Jan. 6 attack should be thrown behind bars.
09.12 / 02:21
markets
security
Software
War
country
With Assad gone, Middle East battle lines are redrawn
Bashar al-Assad to flee the country and impose a new revision of the strategic map in the Middle East. The Syrian strongman had for nearly 14 years held off an uprising that many believed had been exhausted. But his downfall followed a series of battlefield convulsions for other allies of Iran. Israel has all but decapitated the Hezbollah leadership in Lebanon since September, while the killing of Hamas figureheads has dealt major blows to Assad's key backer Tehran.
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