Country Financial News
14.11 / 17:23
markets
UPS
Manufacturing
CEO
Experts
PAM
country
Need balance between tariff, non-tariff barriers to strengthen manufacturing sector: Mahindra CEO Anish Shah
Mahindra Group CEO and Managing Director Anish Shah on Thursday pitched for a balance between tariff and non-tariff barriers for a stronger manufacturing sector in the country. «Indian industry needs no protection. We've had no protection for the last 20 years and if we had protection, we would not have the quality that we have today,» Shah said, while speaking at the CNBC TV18 Global leadership summit here. «With regard to duties, the questions are around non-tariff barriers along with tariff barriers… And frankly they should (be there) because that will put Indian manufacturing in a much stronger place,» he said. He was responding to a question on whether India needs to impose import tariffs on companies such as Tesla as they look at entering the Indian market.
14.11 / 17:23
markets
Highways
wellness
Experts
PAM
country
Department
Northeastern region has received govt funding of close to 27,000 crore per annum: Jyotiraditya Scindia
Scindia had a review meeting with the Chief Minister of Mizoram Lalduhoma and his teams in the Conference Hall of Planning and Implementation Department. The meeting was held for reviewing of various schemes of Ministry of DoNER in the state of Mizoram. Scindia said, “The purpose of the meeting is to jointly look at the project of Mizoram growth and development” he said that under the leadership of the Prime Minister Narendra Modi there has been an immense transformation in the development of the Northeast region in the last ten years. He said that Northeast is the vantage point and the entry point for all of South East Asia countries into the Indian sub-continent and much play a very important role in the dynamics of the India’s growth.
14.11 / 17:23
markets
Manufacturing
Strategy
Experts
PAM
country
Lubrizol, Polyhose to set up manufacturing facility in Tamil Nadu to make medical tubing
medical tubing used in catheters. The groundbreaking of the new manufacturing site is expected in 2025, with operations commencing in 2026. The manufacturing site will increase US-based Lubrizol’s local medical tubing volume five-fold, creating easier access to life-saving medical tubing in India and in markets around the world through export. High-quality medical tubing produced through the partnership will be used in neurovascular and cardiovascular medical applications, such as balloon catheters and minimally invasive procedure catheters.
14.11 / 16:31
markets
FIVE
Digital
Strategy
Experts
show
country
I do not believe in work-life balance: Infosys' Narayana Murthy stands with his view
Infosys co-founder Narayana Murthy reiterated his statement of not believing in work-life balance at the CNBC Global Leadership Summit. Murthy said that KV Kamath, Independent Director and Non-Executive Chairman of Jio Financial Services, had once said that since India is a poor country with lot of challenges and we need to worry about those rather than about work-life balance."
14.11 / 15:39
COST
UPS
Citi
Provident
CEO
economy
country
The big problem for Saudi Arabia’s futuristic city? The country doesn't have enough money
Subscribe to enjoy similar stories. The giant futuristic planned city of Neom is proving a headache for Saudi Arabia. Costs are up, schedules are delayed and in recent days the world’s largest construction project replaced its chief executive of six years.
14.11 / 15:33
Progressive
Aware
Strategy
country
innovations
Pharmaceuticals
PMI’s Science-Led shift: Dr. Moira Gilchrist argues for Tobacco Harm Reduction at Technovation 2024
At Technovation, science takes centre stage, playing a crucial role in the evolving landscape of tobacco alternatives. Philip Morris International (PMI) recently hosted its ninth Technovation event ‘30 years of innovation, 10 years of progress at the Cube, its R&D centre in Neuchâtel, Switzerland. In this context, PMI’s Chief Communications Officer, Dr. Moira Gilchrist, shares her perspective on the critical role of science & technology in driving PMI's commitment to a smoke-free future.
14.11 / 15:33
markets
Digital
Citizens
economy
Experts
country
Traffic
India’s urban planning should shift from a myopic to a surplus mindset: Chairman Emeritus of DLF
KP Singh, Chairman Emeritus, DLF, told ET. In a conversation with ET’s Faizan Haidar, Singh talks about current issues plaguing urban development, how this wasn’t his vision for Gurgaon, and planning his succession. Edited excerpts: Q: You have been an advocate for urban planning. How satisfied are you with India’s progress on infrastructure and urban planning? A: I am not satisfied. The test of good urban planning is its ability to accommodate everything related to urban life, enabling citizens to live comfortably and in good health.
14.11 / 15:33
markets
Provident
Strategy
community
Experts
country
patient
Spinal Muscular Atrophy: Indira Gandhi Institute to offer free treatment for children
Indira Gandhi Institute of Child Health in Bengaluru. He called SMA a rare and often devastating genetic disorder while adding this initiative as a transformative one for patients from low-income families. The government has established a Centre of Excellence for Rare Diseases (COERD) at the institute. «We are proud to share that this is the first such centre in the country to enrol 100 beneficiaries under the National policy for the Rare Diseases,» the minister said. Since 2016, the government has been supporting patients with rare diseases and has provided Rs 75 crore as additional fund for the treatment of rare diseases. «We are also investing in infrastructure, training, and outreach to improve early diagnosis, making Karnataka a leader in addressing rare diseases,» Dr Patil said.
14.11 / 14:15
markets
Provident
Strategy
students
Experts
country
testing
JEE Main 2025: Registrations lowest this year, students face difficulties in application
JEE (Main) exam has started on a slow note. The country's largest engineering entrance exam saw only 5.1 lakh students register with less than a week left for the deadline. During the same time period last year, 12.2 lakh applications were submitted. As the deadline approaches on November 22, experts are expressing concern over the sluggish pace of registrations.
14.11 / 14:15
markets
UPS
security
Strategy
Trade
country
guidelines
Two logistics firms selected to set up ecommerce export hubs on pilot basis around Delhi
Logistics aggregator Shiprocket and air cargo handling company Cargo Service Centre (CSC) have been selected by the government on a pilot basis to set up ecommerce export hubs in the country, a senior official said on Thursday. The ecommerce export hubs (EECH) will come in and around Delhi airport and begin operations in February next year, Director General of Foreign Trade Santosh Kumar Sarangi told reporters here. While Shiprocket is headquartered in Gurugram, the CSC is Mumbai-based.
14.11 / 12:37
markets
Target
Strategy
President
Experts
country
COP29 climate talks grapple with trillion-dollar task
Money is a focus at COP29 whose success is likely to be judged by whether it can agree a new target for how much richer countries, development lenders and the private sector must provide each year to help developing countries finance the transition to greener energy and protect against extreme weather. Reaching a deal is likely to be especially hard at a summit where the mood has been soured by disputes and pessimism about shifts in global politics.
14.11 / 12:37
markets
Progressive
Strategy
Experts
poverty
country
Congress gave 'Garibi Hatao' slogan but looted poor: PM Modi
Congress gave the 'Garibi Hatao' slogan, but looted the poor, adding that the party's mentality was to ensure that the poor did not progress. «If the poor are benefiting, you feel happy, but the Congress doesn't feel happy over this,» Modi said, addressing a rally at Panvel in Maharashtra for the November 20 state assembly elections. «The Congress is far ahead when it comes to vote bank politics, but is the enemy of the poor,» Modi said.
14.11 / 12:05
14.11 / 11:35
Freedom
country
information
reports
Department
rights
Rights groups condemn Bangladesh for canceling accreditation of 167 journalists
An association of editors and rights groups has condemned a decision by Bangladesh’s interim government to cancel press accreditations for 167 journalists, calling it a threat to press freedom in the country
14.11 / 11:35
Waters
Strategy
Food
country
Inside
information
reports
South African government says it won't help 4,000 illegal miners inside a closed mine
South Africa’s government says it will not help 4,000 illegal miners inside a closed mine in the country’s North West province as part of an official policy against illegal mining
14.11 / 11:35
Waters
Strategy
Corning
Food
community
country
International
Food aid interventions can curb climate change-induced hardship. But should they do more?
The United States foreign food aid program can be a big help when extreme weather fueled by climate change hammers communities
14.11 / 11:17
UPS
Booking
Football
country
Schools
Sporting
How women’s football in Afghanistan redefined itself
Subscribe to enjoy similar stories. One stifling afternoon in the early 2000s in Kabul, Afghanistan, violence came to the football haven Khalida Popal and her friends had conjured for themselves on the schoolground. A group of men jumped over the concrete walls that separated the girls from the real world.
14.11 / 10:43
markets
Trade
country
reports
International
IEA lifts 2024 oil demand forecast but trims 2025 projections
Subscribe to enjoy similar stories. The International Energy Agency lifted its forecast for this year’s oil-demand growth but slightly trimmed next year’s estimates, citing the impact of China’s economic slowdown on consumption. The Paris-based organization forecasts global demand to grow by 921,000 barrels a day in 2024 from 862,000 barrels a day previously, largely due to stronger-than-expected gasoil deliveries in OECD countries.
14.11 / 10:43
Citi
Election
President
country
reports
Headlines
COP29 and the climate crisis: Navigating a world with Trump back in charge
Subscribe to enjoy similar stories. Dear reader, Welcome to the first issue of Mint’s newsletter on the climate crisis: Climate Change And You. I am Bibek Bhattacharya, and I will be taking turns in writing this newsletter, every two weeks, alongside my colleague Sayantan Bera.
14.11 / 10:15
markets
Strategy
awards
Research
Experts
Universities
country
Infosys' Narayana Murthy feels issues like Delhi pollution remain unsolved because of Indian mindset problem
Infosys' founder Narayana Murthy recently said Indians failing to solve problems as the main factor behind issues such as Delhi pollution remaining a persistent problem for the country. «Which area has (India) invented? Please give me an example,» Murthy during an inter highlighting the country’s dependence on adapting foreign technologies rather than creating innovations. Murthy said that India has yet to solve long-standing issues like Dengue and Delhi's pollution, despite these being persistent problems. He questioned why the IT services industry should be singled out for criticism when the country as a whole has not addressed these challenges.
14.11 / 10:15
markets
Digital
Election
PAM
country
Courts
After Elon Musk-Giorgia Meloni 'bonhomie', tech mogul jumps into Italy on immigration, faces rebuke
Elon Musk for weighing in on Italian court rulings that have stymied the government’s plans to process some asylum-seekers in Albania. The US billionaire had said Rome judges blocking a government anti-immigration initiative should be sent packing. With the election in the US, where immigration was a hot-button issue, done, Musk criticised Italian judges for going against Prime Minister Giorgia Meloni's move to deport illegal immigrants. Meloni planned to detain up to 30,000 migrants in Albanian facilities.
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