Country Financial News
22.10 / 13:41
UPS
security
Mobile
President
country
2020
India-China ties may see thaw four years after border skirmish froze relations
Subscribe to enjoy similar stories. NEW DELHI—India and China have reached a breakthrough in discussions over their disputed Himalayan border, signaling room for improved ties after a high-altitude skirmish froze relations between the Asian giants. The two countries have arrived at an arrangement to resume patrolling along their de facto border, said India’s Foreign Secretary Vikram Misri on Monday.
22.10 / 13:41
UPS
Manufacturing
economy
Enterprise
Healthcare
country
social
Kerala’s 500 days challenge: Can ‘God’s own country’ become a Gujarat?
Subscribe to enjoy similar stories. Thiruvananthapuram/Chennai: After decades of planning and years of delay, the Vizhinjam International Transhipment Deepwater Multipurpose Seaport, India’s deepest natural port and its only container transshipment hub, located 25 kilometres from Kerala’s capital Thiruvananthapuram, is ready for operation. Developed by Adani Ports and Logistics, the port’s trial run began in July this year.
22.10 / 12:25
markets
UPS
Strategy
trends
country
Schools
Russia could double polymer production by 2030
polymer production capacity could double by 2030, according to government estimates, exceeding 15 million tonnes. The largest new project in the country will be SIBUR’s Amur Gas Chemical Complex, with a production capacity of 2.7 million tonnes of polyethylene and polypropylene per year. Setto launch in 2027, the complex is well positioned to tap into thegrowing potential offered by Asian markets.
22.10 / 11:47
markets
UPS
Digital
CEO
students
country
Aakash to invest Rs 100 cr to rebuild Aakash Digital in two years
Aakash Educational Services plans to invest around Rs 100 crore in rebuilding and scaling up its edtech unit Aakash Digital after it has come out of the control of beleaguered edtech company BYJU'S, managing director and CEO Deepak Mehrotra said. In an interview to PTI, Mehrotra said that as part of Aakash 2.0 journey, the company will scale up Aakash Digital classrooms to cater to students across the country including in those areas where it is not feasible to set up physical rooms. «We have brought the Aakash Digital Program back under Aakash, we are building on it and investing heavily. We believe that over the next 18 to 24 months, we will be spending close to Rs 100 crore on building this programme — investing in technology, content, teacher capabilities, and delivery. This investment will go into the Aakash Digital Classroom Program,» Mehrotra said. BYJU's had acquired a majority stake in Aakash Educational Services (AESL) in April 2021 but due to financial trouble at the company, BYJU'S had to sell a significant stake in Aakash to Manipal Group chairman Ranjan Pai.
22.10 / 11:37
markets
IPO
Hyundai
wellness
Trade
country
World’s hottest market could be magnet for foreign issuers
Subscribe to enjoy similar stories. Hyundai Motor’s record initial public offering in India didn’t get off to a good start, but it could still steer the country’s market into new territory. Shares of Hyundai Motor India, the Indian unit of the Korean carmaker, slipped 4% in the first day of trading Tuesday, after raising $3.3 billion in the country’s largest ever IPO.
22.10 / 11:35
security
Strategy
community
country
travelers
Schools
International
France extends internal border controls until April 2025; What travellers to Schengen area need to know
France has announced its decision to maintain internal border controls until April 30, 2025, due to heightened terrorist threats and concerns over irregular migration. The French authorities formally notified the European Commission that border controls with neighboring Schengen countries—Belgium, Spain, Luxembourg, Switzerland, Germany, and Italy—will not conclude on October 31, 2024, as initially scheduled. The extension follows the country's ongoing concerns over public safety. France's current border control measures will end on October 31, 2024, and a new set of controls will take effect from November 1, 2024. The decision comes amid threats related to terrorist activities, the presence of criminal networks involved in illegal migration, and migration flows that could potentially include radicalized individuals.
22.10 / 09:51
FIVE
Trade
country
isolate
rights
Relationships
Taiwan rejects South African demand to move its representative office from capital
Taiwan has rejected South Africa’s demand that it move its representative office in the country from the capital, Pretoria, to the commercial center of Johannesburg
22.10 / 09:51
Citi
Action
economy
President
country
isolate
Putin hosts Global South leaders at BRICS summit intended to counterbalance Western clout
China’s Xi Jinping, India’s Narendra Modi and other global leaders have arrived in the Russian city of Kazan for a summit of the BRICS bloc of developing economies that the Kremlin hopes to turn into a rallying point for defying the Western liberal order
22.10 / 08:43
22.10 / 08:19
markets
WhatsApp
country
Oil minister Hardeep Singh Puri hopes global oil prices will come down
Minister of Petroleum and Natural Gas of India Hardeep Singh Puri hopes that global oil prices will come down despite geopolitical tensions as more supplies are coming into the market. There is no shortage of oil in the world as more supplies are coming into the market from countries such as Brazil and Guyana, Hardeep Singh Puri said on Tuesday. «Prices should hopefully come down, and that's my personal opinion,» he said.
22.10 / 08:19
markets
Provident
Strategy
Experts
country
2020
strain
China officially confirms pact with India to bring Ladakh border standoff to an end
The conflict at the border had significantly strained relations between the two countries, especially following a fierce clash in the Galwan Valley in June 2020, which was the most serious military conflict between China and India in decades. China spokesperson Lin Jian said during a media briefing that both nations have been in close communication through diplomatic and military channels regarding issues at the China-India border.
22.10 / 07:53
markets
UPS
Digital
Align
country
Features
Nomura-Backed Komainu Set to Acquire Propine Holdings Pending MAS Approval
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
22.10 / 07:19
markets
Digital
Justice
country
reports
Courts
rights
Supreme Court warns ED for the manner which PLMA is being implemented
Supreme Court on Monday criticised the Enforcement Directorate (ED) and expressed concern over the way in which PMLA was being implemented. It also made it clear that any high-handedness against any accused in violation of their fundamental rights would not be allowed, reported TOI. “ED officers should remember that there is something called Article 21 in the country (which guarantees right to life and liberty),” the Supreme Court said. A bench of Justices Abhay S Oka and Augustine George Masih took exception to the way in which former IAS officer Anil Tuteja was issued summons and arrested in a hurry. It sought an explanation from ED.
22.10 / 06:01
markets
FIVE
Cooper
President
country
International
President Xi Jinping leaves for Kazan to attend BRICS summit
Xi Jinping on Tuesday left for Russia to attend the BRICS summit where he is expected to meet leaders of the member countries, including Prime Minister Narendra Modi on the sidelines. Xi will articulate China's vision for «greater cooperation» of the BRICS bloc, which has now expanded to 10 members, and «open a new era for the Global South to seek strength through solidarity» at the three day summit. The summit of Brazil, Russia, India, China and South Africa (BRICS), which now has expanded with five additional members Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, is being held in the Russian city of Kazan, about 900 km east of Moscow, from October 22 to 24. Xi left Beijing for the 16th BRICS Summit in Kazan at the invitation of Russian President Vladimir Putin, state-run Xinhua news agency reported.
22.10 / 06:01
markets
Digital
Strategy
Food
country
guidelines
Schools
China issues guidelines to battle obesity; how can it help you?
National Health Commission (NHC) has released its first set of guidelines aimed at standardising the diagnosis and treatment of obesity, as over half of the adult population is currently classified as overweight or obese. This trend is expected to continue, with projections suggesting that by 2030, the obesity rate could reach 65.3 per cent. Published on October 17, the guidelines highlight the growing public health crisis posed by obesity in China, which is now recognised as the sixth leading risk factor for death and disability in the country. However, the country faces a dual challenge contributing to this issue.
22.10 / 04:03
markets
Digital
security
Remark
country
reports
"We don't view BRICS as some sort of threat," says White House spokesperson
BRICS Summit, taking place from October 22 to 24, John Kirby, White House National Security Communications Advisor, stated that the United States doesn't view BRICS organisation as a «threat.» The remarks by Kirby came while addressing the reporters during a press conference. On being asked about the BRICS Summit, Kirby said that the summit shouldn't be viewed as a grand entrance for Russian President Vladimir Putin or Russia and asserted that BRICS as an organisation isn't new.
22.10 / 02:49
COST
Target
community
country
voice
biodiversity
Paying for nature: What to expect from COP16 in Colombia
Subscribe to enjoy similar stories. Governments that committed two years ago to a historic agreement to protect nature and biodiversity now will try to figure out how to actually carry that out.
22.10 / 01:59
markets
Digital
President
country
reports
Putin to meet PM Modi, other leaders on sidelines of BRICS Summit: Russian presidential aide
BRICS Summit in Russia's Kazan, Russian President Vladimir Putin will hold meetings with Prime Minister Narendra Modi, Turkiye President Recep Tayyip Erdogan, Palestinian President Mahmoud Abbas, and UN Secretary-General Antonio Guterres, TASS reported citing the Russian president's foreign policy aide, Yury Ushakov. Speaking to reporters, Ushakov stated that the meetings will start on October 22. He said Putin will have a meeting with New Development Bank President Dilma Rousseff. Following his talks with Rousseff, Putin will hold a meeting with PM Modi and later with South African President Cyril Ramaphosa. Furthermore, Putin's meetings are also planned with Chinese counterpart Xi Jinping and Egyptian President Abdel Fattah al-Sisi, according to TASS report.
22.10 / 01:37
UPS
Progressive
security
country
Relationships
peace
Mint Quick Edit | Can a thaw over the LAC restore India-China ties?
Subscribe to enjoy similar stories. In what could be a significant breakthrough in the India-China stalemate along the Line of Actual Control (LAC), the two countries have reached an agreement over patrolling runs, foreign secretary Vikram Misri said on Monday.
22.10 / 01:37
Merit
economy
President
War
country
peace
Putin’s rising price for peace in Ukraine
Subscribe to enjoy similar stories. When German President Frank-Walter Steinmeier awarded Joe Biden the Grand Cross special class of the German Order of Merit in Bellevue Palace here last week, it was a moment of vindication for the beleaguered American president. The only other American so honored was George H.W.
21.10 / 19:37
COST
UPS
Gap
economy
Election
Opinion
country
Most voters think the economy is poor, but split on whether Trump or Harris can fix it: AP-NORC poll
Voters remain largely divided over whether they prefer Republican Donald Trump or Democrat Kamala Harris to handle key economic issues, although Harris earns slightly better marks on elements such as taxes for the middle class
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