Country Financial News
15.09 / 11:25
15.09 / 10:01
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Remark
country
reports
gatherings
BJP's Nitesh Rane asks brokers to take 'no deal with non-Hindus' oath, urges them to check Aadhaar cards before property deals
Nitesh Rane on Thursday asked real estate brokers to take an oath that they would not deal with non-Hindus and to check Aadhaar cards before making any property deals. Rane was addressing a gathering as part of his visit to a Ganesh pandal puja. After Rane's remark, the AIMIM started protests and said that the remarks were against the secular fabric of the country and his words were against the Constitution.
15.09 / 09:41
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Aware
Action
Remark
President
show
country
VP Jagdeep Dhankhar targets Rahul Gandhi over quota remark, says it shows 'anti-constitutional mindset'
Congress leader Rahul Gandhi over his remarks on «ending reservation», Vice President Jagdeep Dhankhar on Sunday said such comments by a person holding a constitutional post shows «anti-constitutional mindset». Addressing a public event in Mumbai, Dhankhar also said that awareness about India's Constitution is highly needed as some people have forgotten its soul. «A person from a constitutional post saying on a foreign land that reservation should be ended underscores the same anti-constitutional mindset. The baton of prejudices against reservation has been handed over. It is the same old anti-constitutional mindset,» he said. «Reservation is not against meritocracy, but it is the soul of the country and the Constitution. It is an affirmative action and not negative. It is not depriving someone of opportunity but handholding those who are pillars of strength of the society,» the vice president said.
15.09 / 09:39
markets
Election
RAI
country
Courts
BJP terms Kejriwal's resignation as "PR stunt", says "forced to resign as per SC order"
BJP spokesperson Pradeep Bhandari termed it a «PR stunt» and said he is doing this to restore his image. Bhandari further said that Kejriwal wants to apply Sonia Gandhi's model, where she made Manmohan Singh a dummy Prime Minister and ran the government from behind the scenes. «This is a PR stunt of Arvind Kejriwal. He has understood that his image among the people of Delhi is not of an honest leader but of a corrupt leader, today Aam Aadmi Party is known across the country as a corrupt party. Under his PR stunt, he wants to restore his image...It is clear that he wants to apply the Sonia Gandhi model, where she made Manmohan Singh a dummy Prime Minister and ran the government from behind the scenes. They have understood today that the Aam Aadmi Party is losing the Delhi elections and the people of Delhi cannot vote in their name, so they want to make someone else a scapegoat,» Bhandari said.
15.09 / 09:38
markets
COST
pandemic
Trade
country
reports
Rising freight costs, container shortages threaten exports; need urgent steps: GTRI
freight costs, shortage of containers and dependence on major shipping hubs and foreign carriers pose serious challenges to the country's exports, think tank GTRI said on Sunday. To address these challenges, the Global Trade Research Initiative (GTRI) recommended that India implement several strategies to boost domestic container production, enhance the role of local shipping companies, promote use of domestic containers, and strengthen local shipping firms. «India can lower its risk of global supply chain disruptions by boosting domestic container production, encouraging the use of locally made containers, and increasing the use of Indian shipping companies for transporting goods,» GTRI Founder Ajay Srivastava said. Between 2022 and 2024, shipping rates for a 40-foot container have fluctuated significantly.
15.09 / 09:06
markets
NIC
security
Analysis
economy
country
RBI plans to revamp currency management infrastructure to cater to future cash needs
currency management infrastructure over the next 4-5 years, mainly to ensure adequate storage and handling capacity to cater to the future cash needs of the growing economy. The creation of greenfield currency management centres, the introduction of warehouse automation, the installation of security and surveillance systems, an inventory management system, and a centralised command centre are being mooted to modernise the existing infrastructure, according to an RBI document. The expected timeline for the whole project is 4-5 years, according to the expression of interest (EoI) issued by the Reserve Bank of India (RBI) for procurement of consultancy and project management services for the modernisation of currency management infrastructure. «Despite moderation in the growth rate of NIC (Notes In Circulation) in the last three years, analysis indicates that the growth will continue to be positive over the foreseeable future though the pace thereof is expected to be slower over the next decade,» the document said.
15.09 / 08:09
markets
Manufacturing
Apple
economy
Trade
country
electronic
The broken relationship between market cap and GDP
The MacBook Pro is the only Apple product manufactured in the USA. Currently, total sales of Mac computers account for less than 10% of Apple's revenue, with the MacBook Pro representing slightly more than half of Mac computers' sales.
15.09 / 07:22
markets
UPS
Manufacturing
Sustainability
RAI
country
Epsilon Advanced Materials plans Rs 9,000-crore anode facility in Karnataka: MD
Epsilon Advanced Materials is planning to set up a Rs 9,000-crore anode plant in Karnataka with an annual production capacity of 90,000 tonne, a top official of the company said. The investment in the plant would be made in two phases. In the first phase, Rs 4,000 crore would be invested and the remaining Rs 5,000 crore would be pumped in in the second phase, Epsilon Group Managing Director Vikram Handa said. «So, we are looking to build a 30,000-tonne anode plant in India by Q4 2026, which will entail an investment of about Rs 4,000 crore. The plant will be scaled up to 90,000 tonne (capacity) by 2031. The total capex outlay is Rs 9,000 crore for our annual business in the next eight years,» Handa explained. With increasing demand of electric vehicles in India, there is a need for Indian cell manufacturing companies to set up battery plants in the country. Epsilon products will act as a sustainable and reliable supplier of anode and cathode material to these cell companies.
15.09 / 06:01
ETF
Aware
security
Trade
country
information
Sebi chair Buch traded in listed stocks, violating conflict-of-interest policy, alleges Congress
Sebi chairperson Madhabi Puri Buch has traded in listed securities worth about Rs 37 crore during her tenure at the regulatory body, violating its conflict-of-interest policy, Congress alleged on Saturday in a fresh salvo against her. The country's main opposition party also accused Buch of making investments abroad including in Chinese funds.
15.09 / 03:45
markets
Progressive
Dreams
Discover
Celebrity
country
innovations
Happy Engineers Day 2024 Wishes: 50+ Inspiring quotes, wishes, and messages to honor the engineers who shape our world
Engineers across the country receive appreciation and recognition on this special day. Consequently, individuals can share heartfelt messages to convey their support and gratitude. For instance, a message could include: «Your dedication and ingenuity make a significant difference in shaping the world.» Engineers Day is an opportunity to acknowledge the profession and the vital role engineers play in society.
15.09 / 03:26
markets
Racing
Election
President
Freedom
country
rights
US Election 2024: Kamala Harris is promoting her resume and her goals rather than race as she courts Black voters
Biden was hosting a celebration of Black excellence at the White House with lawmakers, advocates and celebrities this past week, Kamala Harris was instead headed off to campaign in Pennsylvania. The nation's first Black vice president spoke with voters there about supporting small businesses, building more housing and expanding the child tax credit. She said the country «needs a president of the United States who works for all the American people.» What she did not do was spend time talking about her race or gender or the prospect that she would be the nation's first Black and South Asian woman to be president if she defeated Republican Donald Trump.
15.09 / 02:59
markets
Cooper
country
reports
Nuclear secrets for ballistic missiles? UK, US express growing concerns over rumoured Iran-Russia nuclear agreement
nuclear technology with Iran in return for ballistic missiles. These missiles, believed to be used in Russia’s ongoing war with Ukraine, have prompted fears of a growing nuclear threat. Both leaders acknowledged the deepening military cooperation between Moscow and Tehran during their discussions, which also covered the war in Ukraine, the Middle East crisis, and competition with China. US Secretary of State Antony Blinken, speaking earlier in London, warned, “For its part, Russia is sharing technology that Iran seeks – this is a two-way street – including on nuclear issues as well as some space information,” suggesting that Russia and Iran are engaged in destabilizing activities with global implications.
15.09 / 02:44
markets
Strategy
President
War
country
reports
US says it is working on "substantial" round of further assistance for Kyiv
Biden administration said it is getting ready to send a sizable aid package to Ukraine in the upcoming weeks. White House National Security Advisor Jake Sullivan stated on Saturday that President Biden will meet with Volodymyr Zelenskyy, his counterpart from Ukraine, this month, and that Washington is preparing a «substantial» round of further help for Kyiv. «I do think we need a comprehensive strategy for success in this war, and that is what President Zelenskyy says he is bringing,» Sullivan said.
14.09 / 23:38
markets
Football
country
stars
International
Sporting
How ISL can help Indian football. A wishlist
It is known that a strong domestic league makes a strong national team. As the 11th season of the Indian Super League (ISL) just started, a look at the ways the ISL can help make a difference and lift the veil of negativity shrouding Indian football at the moment. Here’s a wish list: CHHETRI’S REPLACEMENT India doesn’t have a goal scorer who can replace Sunil Chhetri, who recently retired from international football, and it was yet again evident in the Intercontinental Cup. A cursory look at all participating teams reveals that almost all of them have foreign strikers playing for them.
14.09 / 19:44
markets
Art
RAI
Celebrity
country
International
Hindi and local languages are friends: Amit Shah
Hindi and other Indian languages as they are friends and complement each other, Union Home Minister Amit Shah said on Saturday. Addressing the fourth Akhil Bhartiya Rajbhasha Sammelan on Hindi Diwas, Shah said the promotion of Hindi cannot happen until all other Indian languages are strengthened and the official language establishes a dialogue with all of them. «There can never be a competition between Hindi and local languages because Hindi is a friend of all local languages. Hindi and all local languages complement each other...,» he said.
14.09 / 19:13
UPS
Airlines
President
country
travelers
rights
Air Canada ‘disruptions have already begun’ ahead of strike notice deadline
Air Canada and its pilots to reach an agreement in their labour dispute ahead of a looming shutdown that could upend air travel for thousands of passengers.Some disruptions have already begun as a midnight deadline is fast approaching for the national carrier and the Air Line Pilots Association (ALPA), which represents 5,200 Air Canada pilots.Both sides remain far apart on negotiations and if a settlement is not reached by 12:01 a.m.
14.09 / 18:40
markets
Digital
Election
RAI
country
travelers
Trains to reach Srinagar 'very soon': PM Modi
Narendra Modi on Saturday promised to connect unlinked areas of Jammu and Kashmir through the railway network, announcing that trains will soon reach the Kashmir valley. Addressing an election rally in the Doda district in support of BJP candidates earlier in the day, Modi said work on the railway line between Srinagar and Ramban is complete and the trial runs have begun. «We are working to connect the unlinked areas of Jammu and Kashmir through rail. Soon, the people of Ramban, Doda, Kishtwar, and Kashmir will be able to travel directly to Delhi by train. I will fulfil your dream,» Modi said at the rally. «Very soon, trains will run to Srinagar through Ramban. The work on the railway line is complete, the station is ready, and trials have already begun,» he added.
14.09 / 17:11
markets
FIVE
Election
President
country
reports
rights
Pope Francis labels both U.S. presidential candidates as evil, urges American Catholics to vote for the lesser one
Pope Francis, in his Friday speech, urged Catholic voters to select the lesser evil between Vice President Kamala Harris and former President Trump. After a 12-day tour of Southeast Asia and Oceania, Francis told reporters during a press conference held from his papal aircraft. Everyone must consider and act in this way out of conscience. Besides denouncing Harris' advocacy for abortion rights as an assassination, the pope chastised Trump by declaring that not welcoming migrants is a sin. However, he added that it's ugly not to vote, and one must vote. Should Harris be elected, she intends to make Roe v. Wade a permanent law, and Trump has pledged to carry out the largest mass deportation in American history of our country. The pope did not say which candidate, if any, he finds more appealing. Also Read :Five reasons why the US economy will go into a recession
14.09 / 16:00
MET
FIVE
Waters
Experts
country
Scandals
Moulding a ‘modak’ over memories of Ganesha
Subscribe to enjoy similar stories. When I asked my mother about her memories of modak, she narrated a story so vivid that I felt like I was there—in a chawl in the central Mumbai neighbourhood of Dadar, watching the ladies of her family expertly turning out thin dumplings stuffed with jaggery and coconut, gossiping and arguing as they did. These dramas seemed appropriate because Lord Ganesha, the pot-bellied, elephant-headed god dear to millions, was himself born amidst celestial theatrics.
14.09 / 15:25
markets
Cooper
Software
RAI
country
reports
Minister hints at imminent hike in milk prices in Karnataka
Karnataka Cooperation Minister K N Rajanna on Saturday hinted at an imminent hike in milk prices. He said that a meeting would be called soon to decide on this. «I have brought to the notice of the chief minister that in the entire country there is no state that procures milk from farmers at a lower price than us. Similarly there is no state that sells the milk to consumers at a lower price than us,» Rajanna said. Speaking to reporters here, he said, «We procure milk at Rs 31 per litre and after installing National Dairy Development Board's (NDDB) software, farmers may be getting Rs 2 per litre more, on an average Rs 31. We sell it at Rs 45 per litre...but no state in the country procures at Rs 31 and sells at Rs 45. In other states they sell at Rs 58-60 (per litre).»
14.09 / 14:09
markets
President
love
War
country
Videos
Relationships
Trump's aide Laura Loomer claims she is single because she loves the ex-President too much.
Laura Loomer, a far-right conspiracy theorist and failed Congressional candidate, shares a video and begins the clip by claiming Trump was removed from office in a coup, presumably the reason Trump shared it. Laura said that when President Trump was forced to leave the White House in this coup, he took the truth with him, and there is now a war on truth. Truth has recently emerged as a radical concept in this country. People are regarded as radical if they speak the truth. Later in the clip, Loomer is asked why she is still single, and she responds that it is because of her obsession with Trump. Former President Donald Trump shared an eye-opening video on Truth Social on Wednesday, captioned as ‘Thank you, Laura!’ Also Read: Power Book II: Ghost Season 4 — Episode 8 streaming date and time
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