Country Financial News
28.09 / 01:37
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Maldives President Mohamed Muizzu claims didn’t pursue India Out campaign; refers to military presence
Mohamed Muizzu claimed that he had not followed an ‘India Out’ policy, while asserting that the country had a “serious problem” with the presence of foreign military on its soil. Male is in talks with New Delhi for a proposed state visit by Muizzu in October. Maldives is seeking support from India to tackle a simmering financial crisis. “We have never been against any one country at any point. It’s not India Out. Maldives faced a serious problem with foreign military presence on this soil,” said Muizzu. The Maldives President was responding to a query at Princeton University’s “Dean’s Leadership Series” on Thursday.
27.09 / 22:03
markets
Provident
Waves
Google
wellness
country
Investigations
Amazon's $4 billion partnership with AI startup Anthropic gets UK competition clearance
Britain’s competition watchdog has cleared Amazon’s partnership with artificial intelligence company Anthropic because the $4 billion deal didn’t qualify for further scrutiny
27.09 / 22:03
Citi
Waters
Sustainability
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Inside
boating
mountaineering
John as a tropical storm hits Mexico's Pacific coast a 2nd time
Tropical Storm John came ashore on Mexico’s Pacific Coast on Thursday, coming back to life for a second landfall after its previous deadly passage through the country earlier in the week
27.09 / 22:03
27.09 / 21:43
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Digital
Food
RAI
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Unilever ready to defend India top spot with millions
Unilever will do «whatever it takes» to defend its market leadership in India and won't hesitate to invest «hundreds of millions» or make acquisitions as competition intensifies on several fronts-from regional rivals to new-age, digital-first brands. «We have established positions that we believe are very, very strong. We have an unblinking commitment to defend India,» Unilever chief financial officer Fernando Fernandez told investors at the Bernstein Strategic Decisions Conference on Wednesday. «So, I will not blink before putting in hundreds of millions to defend a position in India if it has to be defended. We know investors would reward us because we defend positions, whatever it takes.» The dominance over most home and personal care categories by Hindustan Unilever (HUL), the local unit of the Anglo-Dutch consumer giant, has been coming under threat.
27.09 / 21:43
markets
RAI
country
Olympics
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Schools
My Hero Academia Season 7: Here’s release date, time of upcoming episodes
My Hero Academia Season 7 is heading towards its final episodes. In My Hero Academia, there is a huge destruction in Japan which is caused by Tomura Shigaraki, All For One and other criminals, who are roaming freely in the country. Dexerto reported that All For One is currently hiding with Spinner and is planning to steal Star’s Quirk which will result in fulfilling his aim of world domination.
27.09 / 21:43
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Experts
War
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Inside
War on multiple fronts: Russia, China, Iran and North Korea piling pressure on US, can the world's most powerful country handle them
According to Business Insider, Russia, China, North Korea and Iran have made their military ties much stronger than before. It is a cause of concern for the US military and their allies all over the world. Both China and Russia have been holding large scale air and naval drills together. Also Read :Astronomers have detected what may be a ‘future Earth’ eight billion years from now
27.09 / 15:21
markets
UPS
Target
Google
country
Investigations
Amazon spared UK antitrust probe over $4 bn investment in AI startup Anthropic
Subscribe to enjoy similar stories. U.K. antitrust officials said Amazon.com’s multibillion-dollar investment in artificial-intelligence company Anthropic didn’t qualify for a formal investigation, a win for U.S.
27.09 / 15:21
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Features
What’s more punk than selling out?
Subscribe to enjoy similar stories. In a perfect punk world, where the Dead Kennedys are bigger than the Beatles, the announcement that Green Day is joining forces with Keurig Dr Pepper would be met with howls. The beverage behemoth recently released a “limited-edition brewer and coffee kit" to mark the 20th anniversary of “American Idiot," Green Day’s “punk rock opera," which skewered America’s post-9/11 jingoism and corporate greed.
27.09 / 11:27
markets
President
country
reports
Schools
Turkish President Erdogan skips mention of Kashmir at UN, focuses on Gaza
Erdogan did not mention Kashmir in his address at the United Nations General Assembly this year, the first time he has skipped the issue since the abrogation of Article 370 in 2019. The focus of his 35-minute speech on Tuesday was on the humanitarian crisis in Gaza, where over 40,000 people have died in Israeli attacks against Hamas. After India scrapped the special status Jammu and Kashmir enjoyed under the Constitution in 2019, Erdogan has referred to Kashmir every year in his address to world leaders at the UNGA session here, while advocating talks between New Delhi and Islamabad. However, Pakistan's Foreign Ministry insisted that Turkiye's stance on the Kashmir issue remains unchanged, The Dawn newspaper reported.
27.09 / 11:21
markets
UPS
Discover
country
Inside
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'Nobody alive has ever seen something like this': Inside the plan to sell the biggest gems on Earth
The morning of Aug. 19 started off much like any other at Lucara Diamond Corp.’s Karowe mine in Botswana, a roughly 270-metre deep open pit on the edge of the Kalahari desert that operates 24 hours a day, 365 days a year.
27.09 / 10:01
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country
reports
Schools
Courts
Investigations
Badlapur encounter: Petition moved in Supreme Court seeking to form an SIT
Supreme Court seeking to form an SIT to look into the matter of Badlapur encounter and sought to issue direction to Central Government, all the State Governments and Union Territories of the Country to ensure that their law enforcing agencies/ police machineries are kept in complete and constant surveillance by use of body-cam while on duty. The plea was moved by advocate Ghanshyam Upadhyay, who also sought to lodge FIR into alleged police encounter of main accused Akshay Anna Shinde in the Badlapur incident. The petitioner said that the incident had rocked and shocked the nation and more particularly, the State of Maharashtra, which is now popularly known as Badlapur case.
27.09 / 10:01
markets
RAI
country
Schools
rowing
Jagan Mohan Reddy cancels Tirupati temple visit amid laddu row
Andhra Pradesh Chief Minister Jagan Mohan Reddy cancelled his visit to the Tirupati temple on Friday. He was to visit the temple as a part of YSRCP’s statewide temple rituals to atone the “sins” committed by Chief Minister Chandrababu Naidu. Reddy's appeal comes days after Naidu alleged that the previous YSRCP government used substandard ingredients and animal fat for making the laddus at Sri Venkateswara temple in Tirupati. The allegations sparked a massive controversy across the country.
27.09 / 09:33
country
reports
Claims that Treasury plans to soften non-dom crackdown are 'speculation not government policy'
Labour included a pledge to reform the tax breaks for wealthy residents who are domiciled overseas in its campaign manifesto, proposing to replace it with a «modern scheme for people genuinely in the country for a short period», while raising around £1bn a year from tougher measures. Starmer hints at increased public spending ahead of Autumn Budget But yesterday (26 September), the FT reported that people familiar with the matter had said the Treasury had begun to get cold feet on the issue and had concerns that some of the measures being proposed would fail to raise any money. Con...
27.09 / 08:51
markets
security
economy
Trade
country
Schools
Indian economy to grow at 6.5-7% in FY 2024-25 on steady state basis, says CEA Nageswaran
Chief Economic Advisor (CEA) to the Union government, V Anantha Nageswaran, on Friday said that the Indian economy is expected to grow at a rate of 6.5-7 per cent in the current financial year on a steady state basis. He said the growth rate is commendable given the current global scenario. Speaking virtually at an event organised by the Bengal Chamber of Commerce and Industry (BCCI), Nageswaran said that while the economy will grow at 6.5 per cent in real terms, the nominal rate of growth will be 11 per cent, taking inflation into account. «The Indian economy is poised to remain the fastest growing in the current financial year with a growth rate of 6.5-7 per cent on a steady state basis. This is a very good achievement in the current global context,» Nageswaran said.
27.09 / 08:51
markets
UPS
Citi
country
reports
Schools
Top Chinese cities to lift key home purchase curbs to boost market
Shanghai and Shenzhen are planning to lift key remaining restrictions on home purchases to attract potential buyers and shore up their flagging real estate markets, four sources with knowledge of the matter said. The changes will allow people from other places in China to buy homes in the popular cities, which had been previously tightly controlled due to worries about excess speculation. Shanghai, China's commercial and financial hub, and Shenzhen, the country's answer to Silicon Valley, also seek to scrap limits on the number of homes that Chinese can buy, said three of the sources.
27.09 / 08:43
UPS
Williams
show
country
patient
Courts
Investigations
US cracked down on a Silicon Valley ‘pill mill.’ It had already moved to China
Subscribe to enjoy similar stories. Federal authorities came down hard on Done Global, the California-based telehealth startup that prosecutors allege is an Adderall “pill mill" with a “predatory business model." Its founder was arrested and most of its U.S. staff have quit, but it’s still pumping out prescriptions to its American clientele.
27.09 / 08:43
markets
Strategy
wellness
love
country
International
The truth behind the global love for desi design
Subscribe to enjoy similar stories. The recent slew of collaborations between homegrown designers and international brands can be taken as a sign of India’s growing influence in the global fashion and luxury industry. These partnerships, like Sabyasachi x Estée Lauder, Anamika Khanna x H&M, and Rahul Mishra x Tod’s, also showcase the power of Indian creativity and craftsmanship on a global scale.
27.09 / 07:47
markets
Target
Justice
country
Schools
Investigations
MUDA Scam: Sanjay Raut accuses BJP of 'pressurising' Governor for prosecution against Siddaramaiah
Karnataka Chief Minister Siddaramaiah in the MUDA scam, and asked the party to first probe corruption charges against former Karanataka CM Yediyurappa. Shiv Sena (UBT), an INDIA alliance partner of the Congress, came out in support of Siddaramaiah alleging that the Governor is being «pressurized» by the BJP in relation to the MUDA scam case. Targeting the BJP, Raut said, «The party in which the corrupt from all over the country get royal shelter wants to prosecute the CM of Karnataka because it has a Congress government, it is pressuring the Governor for the same. You jailed the CMs of Delhi and Jharkhand. The people snatched your majority, and you are still not learning. What kind of mischief is this?»
27.09 / 07:47
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War
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reports
India will not buy from Russia's sanctioned Arctic LNG 2 project: Oil secretary Pankaj Jain
liquefied natural gas (LNG) produced from Russia's Arctic LNG 2 project, which is sanctioned by Western countries, Oil Secretary Pankaj Jain said on Friday. «We will not buy (supply from) Arctic LNG 2. We are not buying any sanctioned commodity. Something which has broad-based sanctions, we are not touching it,» Jain told reporters. The Arctic LNG 2 project by Russia's Novatek is subject to Western sanctions over Russia's war with Ukraine. The United States has also imposed sanctions on hundreds of entities and individuals for supporting Russia's war effort including companies supporting the development of Arctic LNG 2 project and its shipment of LNG.
27.09 / 02:55
markets
Manufacturing
Analysis
Corning
Food
Trade
country
Phoenix Overseas IPO listing today: Here's what to expect
Phoenix Overseas will debut on the NSE SME platform on Friday. Ahead of the listing, the company's shares are trading with a GMP of Rs 15 in the grey market. This indicates a likely listing premium of 23%, compared with an issue price of Rs 64 at the upper end.
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