Country Financial News
12.11 / 07:21
Extreme
security
economy
Food
wellness
country
shock
RBI can expect climate risks to emerge as important policy inputs
Subscribe to enjoy similar stories. As a debate intensifies over the Reserve Bank of India’s (RBI) decision to keep its policy repo rate at 6.5% for the 10th consecutive time in its fourth bi-monthly policy meeting for 2024-25, we must shift attention to a critical yet under-studied aspect: the implications of climate change for the central bank’s conduct of monetary policy. Climate change presents two major types of risk.
12.11 / 07:21
markets
UPS
economy
President
Bitcoin
performer
country
Trump's return ignites sharp rally in bitcoin. Is $100k incoming?
Subscribe to enjoy similar stories. The week gone by was a big one for financial markets as Donald Trump returned to the White House as the new US president. With Trump back in power, it’s almost a given - his pro-business stance and commitment to boosting the American economy are the front and centre.
12.11 / 07:05
12.11 / 04:19
COST
CEO
security
country
travelers
International
Forex card vs debit card: Which helps save on markup fees?
When travelling abroad, travellers can choose between cash and card for payments. For card options, debit, credit, and forex cards are available. While most travellers would have a debit card, using it for international transactions is typically more expensive.
12.11 / 03:09
UPS
Analysis
wellness
Trade
Experts
country
Commentary
Why Mayuresh Joshi prefers Syngene to Biocon, Paradeep Phosphates to UPL
Mayuresh Joshi, Head Equity, Marketsmith India, says the ratings for UPL probably look a little bit weak whereas their peers – Paradeep Phosphates and Sumitomo Chemical can do well. For Biocon to a certain extent, numbers are very patchy. One good quarter has been followed by two bad quarters and therefore the consistency in numbers delivery is still not coming through. At this juncture, Syngene remains as a better player on Marketsmith watch list compared to Biocon. Any first thoughts on UPL or any other specialty chemical name that you like? Mayuresh Joshi: No, I think numbers are a tad below par for UPL. The Advanta or the seeds business, has done relatively better, but they are seeing pricing headwinds specifically in the crop protection business. Now within the geographies that they probably operate out of, we are seeing some scenarios where there have been instances of floods in a few European countries as well and therefore how does this revenue build up specifically in the second half that they are maintaining their guidance and specifically on the EBITDA front is something to be watched out for.
12.11 / 00:27
markets
UPS
country
Features
Videos
Updates
Interviews
Duolingo to launch generative AI video-calling feature in India to boost monetization
Subscribe to enjoy similar stories. US-based language learning company Duolingo is looking to roll out its newly launched generative artificial intelligence-backed video calling feature 'Video Call with Lily' in India this month to boost monetization in the country, said its chief business officer Bob Meese. “The video calling feature is our big bet on AI, and we continue to update our AI features.
11.11 / 21:43
COST
UPS
Progressive
Trade
show
country
First B.C., now Montreal: What a pair of port shutdowns means for Canada
Locked-out workers at ports in British Columbia were joined on the picket lines by their peers in Montreal on Sunday night, stymying trade at Canada’s two largest marine trading hubs heading into the busy holiday shopping season.
11.11 / 21:33
UPS
poverty
country
information
2020
Mali detains top executive and 2 others from an Australian gold mining company over dispute
The top executive and two other employees of Australia's gold mining company Resolute Mining have been arrested and detained by Mali’s military junta
11.11 / 21:25
11.11 / 20:27
markets
Strategy
Election
Experts
country
reports
Colleges
Donald Trump says he wouldn’t be a dictator — “except for Day 1."; here is what his Day 1 plans are
The Associated Press reported that, Donald Trump is also aiming to fire several disloyal employees to reshape the federal government and significantly Special Counsel Jack Smith who had indicted him and punish those involved in the legal cases. Adding on to that Donald Trump has also asserted his intentions of pardoning the individuals who were convicted for their roles in the Capitol Riot which took place on January 6 while he claims that many people are wrongfully imprisoned. Also Read: America’s Sweethearts: The Dallas Cowboys Cheerleaders Season 2: Everything we know so far
11.11 / 20:27
markets
Strategy
Netflix
country
audience
reports
Interviews
Did contract obligations push Squid Game creator to return for Season 2 on Netflix?
Hwang Dong-hyuk, the mastermind behind the globally acclaimed Squid Game, has revealed that his return to the series for Season 2 was motivated largely by unresolved financial issues with Netflix. Despite the show’s monumental success, which brought Netflix an estimated $900 million in revenue, Hwang disclosed that he received only an upfront fee, lacking back-end compensation or residuals for his work. In a recent interview, he explained his primary reason for resuming the project, shedding light on the financial hardships he faced following Squid Game's runaway success, as mentioned in a report by Screenrant.
11.11 / 20:27
11.11 / 18:13
11.11 / 17:57
markets
Strategy
Food
country
biodiversity
Relationships
International
Biodiversity is 'old oil'
climate change, pollution and biodiversity loss. According to WEF's Global Risks Report 2024, biodiversity loss and ecosystem collapse is the third-most prominent long-term risk. According to UN Environment Programme (UNEP) data, nearly 1 in every 4 species assessed is threatened, with demand for resources expected to rise 60% by 2060 from 2020 levels. Often, economic prosperity and nature conservation are perceived as a zero-sum game. But it can be a more nuanced relationship. Services provided by ecosystems are widespread, of both the tangible and intangible kind. This link between economic output and biodiversity is supported by a large set of evidence.
11.11 / 17:57
markets
Target
Digital
Sustainability
Experts
PAM
country
Japan unveils $65 billion plan to aid domestic chip industry
Shigeru Ishiba on Monday unveiled a $65 billion plan to boost the country's chip and artificial intelligence industries via subsidies and other financial incentives. The plan, which will provide support worth 10 trillion yen ($65 billion) or more by fiscal 2030, comes as countries look to strengthen control over their chip supply chains after global shocks including trade tensions between the United States and China. Japan's government intends to submit the plan, including bills to support the mass production of next-generation chips, to the next parliament session, according to a draft of the plan seen by Reuters earlier on Monday.
11.11 / 16:49
UPS
Landmark
Fighting
economy
Election
country
US top climate negotiator: 'We won't revert back' as Trump prepares to take over
At the U.N. climate talks, U.S. Climate Adviser John Podesta said that Trump will likely pull America out of the landmark Paris Agreement and try to roll back many of the Biden Administration’s signature climate moves, including the 2022 Inflation Redu...
11.11 / 16:49
markets
UPS
Action
economy
President
Experts
country
COP29: US climate envoy says work will continue despite Trump's return
global warming, saying Donald Trump can slow, not stop, the transition from fossil fuels when he returns to office in January. The annual U.N. climate summit began on Monday in Baku, Azerbaijan, with many country delegations concerned Trump's victory in U.S. presidential elections on Nov. 5 would hinder progress to limit planetary warming. Trump has promised to again remove the United States, the world's biggest historic greenhouse gas emitter, from international climate cooperation and maximise the country's already record-high fossil fuel production.
11.11 / 16:23
markets
UPS
Digital
Experts
country
innovations
AIIB should strive for innovative financing tools, greater private capital mobilisation: FM Nirmala Sitharaman
Nirmala Sitharaman on Monday said the Asian Infrastructure Investment Bank (AIIB) should strive for greater provision of innovative financial models and scale up efforts for private capital mobilisation. The minister in her meeting with the AIIB delegation, comprising 11 officials of the Board of Directors of AIIB and senior representatives and staff, said India could act as a sandbox for AIIB's piloting of innovative financing models and technologies. Sitharaman, who is also Governor on the AIIB Board, stated that the multilateral institution should broaden its investment in priority sectors of climate adaptation and resilience, infrastructure development, energy security, urban development and extend support for India's next generation reforms, an official statement said. She also stressed upon the importance of continually incorporating finance plus and budget plus elements in AIIB's project design and implementation.
11.11 / 16:07
markets
FIVE
Experts
PAM
country
innovations
India’s patent filings double in five years, country now ranks 6th globally
India’s IP (intellectual property) office is the second highest globally in trademarks, with 3.2 million registrations in 2023 and the country’s Patent-to-GDP ratio surged to 381 from 144 over the past decade. “A global leader in innovation. India has exhibited a remarkable growth in the patents, designs & trademarks filings according to @WIPO Indicators 2024 report,” commerce and industry minister Piyush Goyal said in a post on X.
11.11 / 15:17
markets
Citi
Strategy
Sustainability
Election
country
reports
How to respond to boss' orders? U.S military leaders start hectic parleys on how to follow Trump's tough instructions
Trump has been calling for mass deportation of illegal migrants in the US and as he will be coming to power very soon, there are chances that he may deploy the National Guard or the military to quell protests in multiple US cities, and carry out the mass deportations. Also Read: Americans, mourning Trump's victory? Here's a cruise line that is offering a 4-year journey called Skip Forward package; all details here <div data-placement=«Mid Article Thumbnails» data-tar
11.11 / 15:17
markets
COST
awards
Experts
AVP
country
Rising costs & harsh weather put tea industry’s future at risk, warns Indian Tea Association
Indian Tea Association at the annual general meeting of the association. The tea industry in Assam and Bengal, as of September 2024, has experienced a notable crop decline of 63 million kilograms as per available Tea Board data. This situation has neutralized the marginal gains in the domestic prices. Bangur, highlighted the change in the production structure, with small tea growers and the organized sector coexisting in a competitive landscape. He emphasized the importance of creating a level playing field, advocating for the organized sector to be relieved of certain welfare obligations.
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