Country Financial News
29.10 / 08:45
Strategy
wellness
Refugees
War
country
Israel cuts ties with UN agency, creating new hurdles for Palestinian aid
Subscribe to enjoy similar stories. TEL AVIV—Israel’s parliament passed legislation to sever ties with the United Nations agency for Palestinian refugees, curtailing its ability to work in Gaza and the West Bank at a time when it is leading the humanitarian response to the war in Gaza. The laws passed late Monday effectively ban Unrwa—known formally as the United Nations Relief and Works Agency for Palestine Refugees in the Near East—from operating in Israeli territory and forbid Israeli state authorities from having contact with it.
29.10 / 08:45
economy
pandemic
performer
country
shock
guidelines
International
Raghuram Rajan: The IMF needs governance reform to retain its relevance
Subscribe to enjoy similar stories. The world needs an effective International Monetary Fund (IMF). Countries have become hugely indebted after the covid pandemic, and the risk of new shocks grows as the world warms and new pathogens emerge.
29.10 / 07:29
markets
Google
Highways
RAI
country
Videos
Govt creating system that gives opportunity to every youngster: PM Modi
Rozgar Mela' after distributing appointment letters for government jobs to over 51,000 people, he spoke of his government's efforts to boost the presence of new technologies and modern sectors such as space and semiconductors so that new employment opportunities are created. In his video address, Modi said earlier governments lacked in policy and intention, leading to India falling behind the world in rising sectors, including in modern technologies. Old and outdated technologies used to be brought to the country, he added. «A mindset existed that believed that modern technologies cannot develop in our country. This mindset did us a lot of harm,» he said, stressing that if industries which generated employment in the modern world did not exist in the country then creating new employment opportunities would be difficult.
29.10 / 07:25
UPS
Boxing
film
Celebrity
show
country
audience
Theatres expect record-breaking Diwali with Singham Again and Bhool Bhulaiyaa 3
Subscribe to enjoy similar stories. Movie theatres across the country are betting on the upcoming Diwali weekend to bolster business after a long dry spell at the box office since the release of horror comedy Stree 2 in August.
29.10 / 03:03
markets
COST
UPS
Target
Trade
War
country
Crude comfort: Let no sleep be lost over India’s rising oil dependency
Subscribe to enjoy similar stories. India’s reliance on imported crude oil is getting worse. The latest government data shows that the country imported 88.2% of the oil it consumed in the first half of 2024-25, up from 87.6% a year earlier.
29.10 / 02:25
markets
Fighting
President
War
country
reports
North Korea has sent about 10,000 troops to Russia to likely fight against Ukraine, Pentagon says
North Korea has sent about 10,000 troops to Russia to train and likely fight against Ukraine within «the next several weeks,» the Pentagon said Monday, in a move that Western leaders say will intensify the almost three-year war and jolt relations in the Indo-Pacific region. Some of the North Korean soldiers have already moved closer to Ukraine, Pentagon spokeswoman Sabrina Singh said, and were believed to be heading for the Kursk border region, where Russia has been struggling to push back a Ukrainian incursion. Earlier Monday, NATO Secretary-General Mark Rutte NATO confirmed recent Ukrainian intelligence reports that some North Korean military units were already in the Kursk region.
29.10 / 02:23
Fighting
Election
War
country
peace
How would the US handle a nuclear Iran?
Subscribe to enjoy similar stories. Ali Khamenei, supreme leader of Iran, has had a bad week. Elon Musk’s X suspended his new Hebrew-language account, and the Israel Defense Forces unleashed a devastating series of air raids against his country’s military infrastructure.
29.10 / 01:33
markets
Racing
Remark
President
Experts
country
reports
Donald Trump fires back at critics amid Hitler remark backlash, says ‘I’m not a Nazi’
Donald Trump told supporters Monday he is «not a Nazi,» using a rally in the final week of a bitter White House race to push back on accusations of authoritarianism, including from a former chief of staff who branded him a fascist. As he and rival Kamala Harris entered the final stretch of one of the closest US presidential elections in modern times, each candidate and their teams have ramped up the political rhetoric, bringing an already simmering campaign to a boil. Democrat Harris, who has accused Trump of stoking divisions, was crisscrossing Michigan on Monday while Republican Trump headed to Georgia, another of the decisive swing states, where he said critics are accusing him of being a modern-day «Hitler.»
29.10 / 00:59
markets
Digital
community
President
Celebrity
Diversity
country
Today Diwali is proudly celebrated in White House: President Biden extends greetings
Joe Biden extended Diwali greetings to the people, highlighting its significance, and acknowledged that today, the festival is proudly celebrated in the White House. Highlighting the contributions of the South Asian American community to the fabric of American life, Biden said the community is the fastest-growing and most engaged community in the world. Addressing the White House Diwali Celebrations on Monday (local time), the US President said, «The South Asian American community has enriched every part of American life.»
29.10 / 00:59
markets
Digital
country
Department
Investigations
Destinations
Biz correspondents face A/C freeze as fraudsters hop on agent network
mule accounts is biting into the domestic money remittance industry, as business correspondents (BCs) who process such transactions via their physical agent networks are finding their accounts being frozen by law enforcement agencies that are on the money trail of fraudsters. According to three industry executives who spoke on the condition of anonymity, fraudsters are using the accounts of BCs, depositing money at their agent outlets and getting it transferred to multiple accounts through tranches and sometimes even to outside the country via Nepal. In most cases, the final destination is a mule account, and the depositor is a fraudster who would have collected the funds from cybercriminals or fake crypto apps. As police investigate such fund movement, they freeze accounts on the money trail and BCs are becoming collateral damage in the process, industry insiders said.
29.10 / 00:59
markets
COST
Digital
economy
Enterprise
NVIDIA
country
‘India has unique strengths to help it win the AI race’
startup ecosystem, the strength of its digital economy and the proliferation of the world’s largest global capability centres (GCCs) in the country will position India as one of the top three artificial intelligence (AI) economies globally, said Shanker Trivedi, senior vice president of enterprise business at Nvidia, the world’s largest chip maker, in conversation with Himanshi Lohchab & Surabhi Agarwal. “India has unique characteristics. Some other regions are still a fragmented market. But India has always been one market with one currency, even while multiple cultures exist,” he told ET in an exclusive interview. “Even the market in Nagaland is bigger, I can assure you, than some other nations. And I bet you, there’s somebody in Kohima right now planning a startup using this amazing infrastructure and platform,” said Trivedi, who has helmed Nvidia’s enterprise business for 15 years and is now a key member of chief executive Jensen Huang’s core team.
29.10 / 00:05
UPS
BLOCK
security
President
country
Department
Treasury issues rule to block US investors from helping China develop advanced military technology
The U.S. Treasury Department, seeking to keep the Chinese military from gaining an edge in advanced technologies, issued a rule Monday to restrict and monitor American investments in China in artificial intelligence, computer chips and quantum computing
29.10 / 00:03
markets
Airlines
Strategy
wellness
War
country
Hit by mid-war turbulence, Moscow issues a mayday call to Indian airlines
Russia has made aproposal to allow Indian airlines to operate local flights within its territory, as its own carriers are unable to meet demand because of Western sanctions cutting off their access to US and European aircraft manufacturers and component supplies. Russia approached India as well as China and a few Central Asian nations a month back, with a ‘cabotage’ proposal to allow their airlines to operate flights on its domestic routes, people aware of the development said. The matter was again raised during Prime Minister Narendra Modi’s visit to Russia last week for the BRICS summit, they said. However, Indian airlines have expressed reservations over the proposal and told the government that it would not be viable for them to operate within Russia, the people said.
29.10 / 00:03
markets
Tesla
Election
students
Experts
country
reports
Elon Musk taking on migrants? But, report states Tesla CEO himself was an illegal migrant who abused his student visa
Elon Musk is publicly endorsing and supporting Republican Presidential candidate Donald Trump for the upcoming United States elections, scheduled for November. However, his past is probably beginning to haunt him as certain revelations about the Tesla founder being an illegal immigrant is doing the rounds in the media. According to a Daily Beast report, Elon Musk had worked illegally on a student visa and had even faced concerns that he could be deported from the United States, much before he could make a name for himself and become one of the world's top philanthropists.
28.10 / 20:15
FIVE
country
reports
guidelines
Courts
rights
Investigations
A pizza shop owner is sentenced to 8.5 years in prison for threatening workers with deportation
The owner of two Boston-area pizza shops convicted of forced labor for using physical violence and threats of reprisal or deportation against employees living in the country illegally has been sentenced to more than eight years in prison
28.10 / 18:15
markets
Dreams
Election
President
country
Georgia president accuses Russia of meddling in polls; Kremlin denies
Georgia's president on Monday urged the West to support opposition protests of the official results of a weekend parliamentary election in which the governing party was declared victorious amid voting irregularities and allegations of Russian meddling. President Salome Zourabichvili, who refused to recognize the official results, told AP that the South Caucasus nation has fallen victim to Russian pressure aimed at derailing Georgia's plans to join the European Union. «We've seen that Russian propaganda was directly used,» said Zourabichvili, a fierce critic of Georgian Dream, the governing party. She said the government has been «working hand-in-hand with Russia,» and «probably» received help from Moscow's security services.
28.10 / 17:49
markets
Digital
President
War
country
Israel says it's open to short truce in Gaza but continues with strikes
Benjamin Netanyahu said he's open to a short truce in the country's war with Hamas that would lead to the release of a small number of the around 100 hostages still held by the militant group in Gaza. Netanyahu's remarks followed a meeting between his top negotiator and senior Qatari and US officials in Doha on Monday, aimed at reviving stalled cease-fire talks following Israel's killing of Hamas leader Yahya Sinwar this month. Discussions centered on a plan proposed by Egypt, one of the mediators between the warring sides. Egyptian President Abdel-Fattah El-Sisi on Sunday proposed a two-day suspension of hostilities and the freeing of four hostages in exchange for a number of Palestinians held in Israeli prisons.
28.10 / 16:17
markets
Sustainability
Trade
War
country
US remains a key stabiliser in middle east tensions, says former Indian foreign secretary
Middle East, India has solid oil reserves sufficient to last 12 days, with additional supplies in refineries that can sustain the country for about 18 days. However, any breakdown in the Strait of Hormuz lasting beyond 30 days could have significant lagging effects on the global economy and Indian markets, said former Indian Foreign Secretary Ranjan Mathai on Monday. “Moreover, there is concern that if a war spreads into the Gulf, it could affect the eight million expatriates living there,” he added. The diplomat made these observations while discussing “The Middle East Quagmire: Will the Iran-Israel War Spiral Further?” at an event organized by Synergia, a Bengaluru-based think tank. Speaking about the recent developments and Israel's decision to scale back its attacks on Iran, Mathai believes that US influence remains a key stabilizer in the region, as its presence deters large-scale conflict. “While Israel has formidable military and technological capacities, its vulnerabilities are showing. It currently needs U.S. assistance and must therefore rely on maintaining a solid line of communication with the decision-making authorities in Washington,” Mathai explained, adding that recent figures indicate as much as 40% of the next supply of missiles for the Iron Dome and Arrow will need to come from American sources.
28.10 / 15:19
show
country
Voters in Liechtenstein withdraw state funding from the country's public radio broadcaster
Voters in Liechtenstein have voted to withdraw state funding from the tiny country’s public radio broadcaster, a decision that leaves the station’s future in doubt
28.10 / 15:19
Citi
Waves
Manufacturing
Banner
Trade
country
The leaders of India and Spain launch India's first private military aircraft plant
Indian Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez have inaugurated India’s first private military aircraft plant
28.10 / 15:19
UPS
Trade
Refugees
President
country
Destinations
France's president is visiting Morocco as Western Sahara change brings hopes of 'new honeymoon'
French President Emmanuel Macron is arriving in Morocco, where he is scheduled to meet with the North African kingdom’s leaders and discuss partnerships regarding trade, climate change and managing immigration
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