Country Financial News
22.11 / 15:57
markets
security
Strategy
community
Fishing
PAM
country
Indian Navy concludes maritime exercise 'Sea Vigil' to strengthen maritime security
Coastal Defence Exercise Sea Vigil 2024 successfully concluded on November 21. The exercise was conducted in two phases, with Phase I extending from November 13 to 19 and Phase II conducted over a 36-hour period across all coastal states and union territories of India. The exercise demonstrated India's unwavering commitment to strengthening its maritime security and coastal defence mechanisms, spanning the entirety of India's 11,098 km coastline and its Exclusive Economic Zone of 2.4 million square kilometres, according to an official release. Sea Vigil 24 witnessed the participation of over 21 agencies across six ministries. These included the Indian Navy, Indian Army, Indian Air Force, Indian Coast Guard, State Marine Police, Customs, BSF, CISF, Port Authorities, and Fisheries Department, among others.
22.11 / 15:39
Action
security
President
War
country
Inside
Russia could strike countries who let Ukraine use their missiles: Putin
The Kremlin fired a new intermediate-range ballistic missile at Ukraine on Thursday in response to Kyiv’s use this week of American and British missiles capable of striking deeper into Russia, President Vladimir Putin said.
22.11 / 15:03
markets
UPS
Strategy
President
War
country
Nuke talk: Is Vladimir Putin bluffing, or does he mean it?
Vladimir Putin by firing American and British long-range missiles into Russia. In response, Russia fired a nucelar-capable missile into Ukraine, the first such attack in the war. Russia blames the West for the recent escalation as the US and the UK have permitted Ukraine to fire their missiles into Russia, something Russia considers crossing of a red line. The US blames Russia for escalation. It says it allowed Ukraine to use its long-range ATACMS missiles because Russia has started fielding North Korean troops. No doubt, the war is escalating after several occurrings in rapid succession, including Putin lowering Russia's nuclear threshold. However, with Donald Trump set to take over as the President of the US after two months, the conflict is likely to resolve since he has said he would end the war.
22.11 / 14:37
UPS
Provident
Waters
economy
country
biodiversity
The Bahamas will refinance part of its debt to protect its famous turquoise waters
The Bahamas says it will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects and climate change mitigation
22.11 / 14:37
22.11 / 14:37
COST
Provident
Digital
economy
country
innovations
Japan passes $250B economic package meant to lift wages and spur growth
Japan has approved a $250 billion economic stimulus package centered around initiatives intended to boost incomes
22.11 / 14:37
markets
security
economy
country
testing
Courts
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery
22.11 / 14:37
markets
security
Analysis
trends
Trade
Experts
country
Sebi proposes more diversified ownership of equity clearing corporations
markets regulator is proposing more diversified ownership of equity clearing corporations, which are currently fully owned by the country's exchanges. A clearing corporation is responsible for the confirmation, settlement and delivery of trades.
22.11 / 13:21
markets
Digital
Action
Justice
country
information
Department
Siddaramaiah joins Rahul Gandhi, says Adani must not be allowed to escape, seeks arrest
Siddaramaiah on Friday said the Centre was not taking action to have Adani Group chairman Gautam Adani arrested though an arrest warrant had been issued against him, joining AICC leader Rahul Gandhi in attacking the billionaire industrialist. The CM’s attack followed the US Justice Department charging the billionaire with colluding in a corruption scheme to win solar energy contracts in India. In Andhra Pradesh, chief minister N Chandrababu Naidu struck a cautious note when he informed the assembly that the government would study the charges that were in public domain and act on them. In Karnataka, Siddaramaiah, in a chat with the media in Mysuru, said the Centre must take steps to have Adani arrested, and the high-profile businessman must not be allowed to escape. “The entire country knows who is protecting Adani,” he said, while blaming the media for not highlighting it.
22.11 / 13:21
markets
FIVE
Strategy
Parke
awards
country
exclusive
Urjita Master buys sea-view luxury apartment in Mumbai’s Worli for over Rs 105 cr
luxury apartment in a super-premium residential tower in Mumbai’s plush Worli locality for over Rs 105 crore. The apartment spread over a total of over 7,139 sq ft area in one of the wings of the tower Oberoi Three Sixty West on Dr Annie Besant Road is on the 59th floor and 43rd habitable floor. The transaction values the apartment at nearly Rs 1.50 lakh per sq ft ranking it among the most expensive deals for a residence anywhere in the country. The buyer has paid over Rs 2.89 crore in stamp duty charges alone for the registration of the deal.
22.11 / 13:21
markets
Fighting
Strategy
Election
country
How Maharashtra election results might be a do-or-die situation for Maha Agadhi and Mahayuti
Ajit Pawar. The two Pawars, Shinde and Thackeray are engaged in an intense and riveting battle to seek popular legitimacy for their parties, and which way the voters turn could spell the end of the road for two of them when the results of the election to the 288-member Maharashtra Assembly are declared on November 23. The results will not only announce the popular verdict on the two differing agendas but also seal the fate of some of the most important players in the state's politics. Read More: Maharashtra elections: Can BJP replicate Haryana's success in country's richest state?
22.11 / 13:05
COST
UPS
Booking
Apple
economy
country
hospital
The Irish government is unbelievably rich. It’s largely thanks to Uncle Sam.
Subscribe to enjoy similar stories. DUBLIN : The Irish government is rolling in clover like never before. The country currently has so much money it pumps cash into not one but two sovereign-wealth funds.
22.11 / 11:55
UPS
Provident
Analysis
economy
Parke
wellness
country
Is China a ‘developing’ country? That’s the trillion-dollar question at UN climate talks
Subscribe to enjoy similar stories. BAKU, Azerbaijan—A few dozen miles from the United Nations climate conference here, a company controlled by the United Arab Emirates recently opened the region’s largest solar-power park. Nearby, a Saudi state-backed company is building a large wind farm.
22.11 / 09:35
markets
Parke
country
social
reports
travelers
Not Thailand! This city in one of the most richest country is emerging as top sex tourism spot
Japan's Tokyo is seeing foreign men now flocking to Tokyo for “sex tourism” as against the tradition of Japanese men travelling to foreign lands for it, reported The Star. “Japan has become a poor country,” he told This Week in Asia at the organisation’s offices. Nearby, in a park that’s become synonymous with the city’s sex trade, young women wait for customers before the sun has even set. Tanaka’s organisation noticed an increasing number of foreigners frequenting the park as soon as pandemic-era travel restrictions were dropped. This influx has coincided with a troubling rise in teenagers and women in their early twenties turning to the sex industry to survive alongside an alarming increase in violence.
22.11 / 09:35
markets
Experts
country
consequences
information
reports
Department
Have undisclosed foreign income or assets? You must act before December 31 as government gets more data from these new countries
Income Tax Department is actively urging taxpayers to voluntarily declare any missed reporting of foreign assets or income by December 31, 2024, otherwise the consequences can be very serious like Rs 10 lakh fine or even jail in some cases. The income tax department has also revealed that India receives detailed information about financial accounts held by its residents in several foreign jurisdictions so there is no point in hiding wealth abroad. Experts warn that in specified cases like this the tax department may also use the full extent of the law, and this includes imposing the Black Money Act also.
22.11 / 07:09
Action
Gap
Align
Sustainability
country
reports
International
Climate finance: Deploy the Loss and Damage Fund with care
Subscribe to enjoy similar stories. The urgency of climate adaptation has never been more apparent. The recently released Adaptation Gap Report 2024 highlights progress in fulfilling the Glasgow Climate Pact yet underscores glaring inequities.
22.11 / 06:43
markets
Digital
Platform
President
country
inclusion
Department
Business mentorship and financial inclusion ideas resonate at Jaipur edition of ET Make in India SME Regional Summit
ET Make in India SME Regional Summit in Jaipur was successful in bringing together a range of industry representatives, SME associations and small businesses to brainstorm ideas and visions that can help industry and the country. The summits are a series of on-ground events held across India to bring together local MSMEs, policymakers, enablers and industry stakeholders. The ET Make in India SME Regional Summit series aims to unravel opportunities, tackle challenges and foster knowledge-sharing and networking to propel the next phase of growth for Indian MSMEs. In Jaipur, the summit began with an insightful keynote from Shilpi R Purohit, Joint Commissioner, Department of Industries & Commerce, Rajasthan. He talked in detail about the initiatives taken by the state government to boost MSMEs. “We are looking at how the government can work as a catalyst for the growth and development of MSMEs,” said Purohit.
22.11 / 06:33
UPS
Fallout
President
PAM
country
Investigations
Trump picks Pam Bondi for U.S. attorney general after Matt Gaetz withdraws
Donald Trump on Thursday named Pam Bondi, the former attorney general of Florida, to be U.S. attorney general just hours after his first choice, Matt Gaetz, withdrew his name.Bondi is a longtime Trump ally and was one of his lawyers during his first impeachment trial when he was accused — but not convicted — of abusing his power as he tried to condition U.S.
22.11 / 06:23
UPS
Progressive
Extreme
President
Experts
country
Countries at UN climate summit under pressure with no finance deal entering final day
Countries at the United Nations climate summit have amped up the pressure on themselves by entering their final scheduled day of talks with no visible progress on their chief goals
22.11 / 06:23
UPS
Parke
President
Experts
country
International
Indonesia's Prabowo plans to retire all fossil fuel plants in 15 years, but experts are skeptical
Indonesian President Prabowo Subianto has announced that his government plans to retire all coal and other fossil fuel-powered power plants within 15 years, while drastically boosting renewable energy capacity
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