Country Financial News

In what will be written in history for Indian para sports, the track and field athletes showcased their might for the second consecutive day at the iconic Stade de France, bagging five medals — two silver and three bronze — as the country ended day six of the quadrennial showpiece at 17th place. In thrilling matches that were held simultaneously on late Tuesday, India grabbed four medals--two in men's high jump T63 event and two in javelin throw T63 event. In the high jump event, Sharad Kumar won silver, Mariyappan Thangavelu clinched bronze while in men's javelin throw F46 final, Ajeet Singh won silver, Sundar Gurjar settled for bronze.

Labor Day weekend, gas prices hit a three-year low. They are predicted to fall further through November, hitting lows that will appease motorists and support Democratic presidential nominee Kamala Harris. This has made summer driving for drivers pleasant. According to the most recent statistics from the American Automobile Association (AAA), the national average price for a gallon of regular as of September 1 was $3.333, down 15 cents from a month earlier and more than 50 cents from a year earlier. The lowest price per gallon was $2.862 in Mississippi, and the highest was $4.645 in California. Also Read: Sirens: All we know about release date, cast and plot of Netflix new series

thermal power producer, Adani Power, is planning to more than triple the capacity of its Kawai power plant in Rajasthan with an investment of up to ₹18,000 crore, said sources aware of the development. The current capacity of the plant is 1,320 MW, which will be expanded in two phases of 1,600 MW each, taking it to 4,520 MW over the next few years. Kawai is located in the Atru Tehsil of Rajasthan's Baran district. The company has already given a ₹10,000 crore order to Bharat Heavy Electricals Ltd to execute the expansion plan. Adani Power did not respond to an email seeking comment.

A senior official has confirmed a report that Turkey wants to join the BRICS bloc of developing economies but fell short of confirming that the NATO country had formally applied for membership

Rio de Janeiro is currently in a major fix due to the increasing monkeypox cases in the city, which is now becoming a rising concern for health officials across the country. Thousands of cases have been detected till now and is increasing by the day. Local reports have claimed that a sum total of 3,800 reports of monkeypox virus transmission have been made with seven new confirmed cases in August, according to a DailyStar UK report.

Maoists, including six women, were killed in an encounter with security personnel in Bastar region of Chhattisgarh on Tuesday, taking the total number of killings in the state this year to an all-time high of 154 deaths (in graphics). The gunfight broke out at around 10.30 am in the forests along the border of Dantewada and Bijapur districts when a joint team of security forces was out on an anti-Maoist operation, said inspector general of police, Bastar range, Sundarraj P. Personnel belonging to the District Reserve Guard and the Central Reserve Police Force were involved in the operation, which was launched based on inputs about the presence of Maoists belonging to its west Bastar division unit, according to CRPF officials. The intermittent exchange of fire lasted for a long time, following which bodies of nine Maoists in 'uniform' were recovered from the spot, they added. A huge cache of weapons was also seized from the encounter site. Union home minister Amit Shah, during his three-day visit last month, had said that the government is committed to completely eradicating Maoism from the country before March 2026. Shah has also sought the creation of a special investigation agency in states for probe and prosecution on the lines of National Investigation Agency and has urged Chhattisgarh government to come up with a new surrender-cum-rehabilitation policy.

Brunei on Tuesday took a trip of the iconic Omar Ali Saifuddien Mosque in capital Bandar Seri Begawan boosting the soft power quotient of the growing partnership in the Indo-Pacific region. The Prime Minister was received by Brunei's Minister of Religious Affairs Pehin Dato Ustaz Haji Awang Badaruddin. Brunei's Minister of Health Dato Dr. Haji Mohammad Isham was also in attendance. A gathering of Indian community members were also present to greet the Prime Minister. The mosque is named after Omar Ali Saifuddien III, the 28th Sultan of Brunei (father of the current Sultan, who also initiated its construction), and was completed in 1958. Earlier upon his arrival, PM Modi inaugurated the new Chancery premises of the High Commission of India in Brunei.

Officials say Lebanon’s controversial former central bank governor has been detained after being questioned in several corruption cases

Foreign direct investment in India jumped 47.8 per cent to USD 16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data. FDI inflows were at USD 10.94 billion in April-June 2023-24. The data showed that overseas inflows in May rose to USD 5.85 billion and in June to USD 5.41 billion from USD 2.67 billion and USD 3.16 billion, respectively, in the year-ago period. In April, FDI inflows were down marginally at USD 4.91 billion against USD 5.1 billion in April 2023.

Mint has reviewed the company’s policy. According to the policy named “Rhythm," employees are categorised into three sections - those who have to work from the office five days a week, those who work at client office locations, and those with a hybrid work setup who have to work from an LTIMindtree location for at least two days a week. Employees are mapped into these categories based on the nature of the work and business requirements.

DGFT on Tuesday said the Department of Defence Production has been authorised as the licensing authority for export of all items falling under the munitions category for military end-use. The Directorate General of Foreign Trade (DGFT) has notified the updated SCOMET (Special Chemicals Organisms Materials Equipment and Technologies) list for 2024. It said that India's export control list (SCOMET) has been updated, incorporating the recent changes in the control lists of the multilateral export control regimes, and certain policy amendments on the basis of inputs from relevant government organisations and stakeholders. «With the recent update, DGFT has also authorised the Department of Defence Production (DDP), Ministry of Defence, to be the licensing authority for export of all items falling under Category 6 of SCOMET for military end use,» it said in a statement.

Krista Rodriguez has spent more than 24 years fighting for the health-care system to take her pain seriously, but she does not want to wait any longer.The 39-year-old paralegal and immigration consultant from St. Catharines, Ont., is researching treatment options outside of Canada to get help for her endometriosis after feeling let down by the system.“It’s all-pervasive; it impacts every single aspect of your life,” Rodriguez says.She first started feeling extreme pain brought on by the condition when her period started at 14, but the pain would last all month long.“When you’re that young, you don’t really know what’s normal and what’s not.

Oil prices dropped more than 3% on Tuesday after Bloomberg News reported that a deal was imminent to resolve a dispute that has halted Libyan production and exports, pushing prices to their lowest since around the beginning of the year. The news of more crude supply possibly returning to the market came as prices had already fallen on the belief that demand was being undercut because of sluggish economic growth in China, the world's biggest crude importer.

Indian Americans are in the spotlight in the US presidential election. Pro-Trump Vivek Ramaswamy and Usha Chilukuri Vance, the wife of Republican Party vice-presidential nominee JD Vance, have created waves in the media. But the focus of Indian Americans is Democratic presidential nominee Kamala Harris, a Baptist Christian married to a Jew who was born to a Jamaican-born father and an Indian-born mother. Many see the possible victory of Harris as a victory of American Indians, even though Harris rarely talks about her Indian roots.

Bharatiya Janata Party aims to enrol 2 crore primary members in Gujarat, the home state of Prime Minister Narendra Modi and Union Home Minister Amit Shah, a senior leader said on Tuesday. Gujarat Chief Minister Bhupendra Patel and state BJP president CR Paatil renewed their party membership at an event in Ahmedabad as part of the party's nationwide membership drive. The Gujarat BJP unit launched an enrollment drive, a day after PM Modi asked BJP members in Delhi to expand the party during the membership program in a way that a maximum number of its women candidates are elected to Lok Sabha and assemblies when 33 per cent reservation for women in legislatures comes into force. Paatil, also the union Jal Shakti minister, stressed that the Central leadership had not set any specific target for Gujarat. «However, the state unit will aim to enrol at least 2 crore members and secure top position among other states».

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

In the heart of Europe, Prateek Gupta and Neha Maheshwari are living a life many dream of—frequent European holidays and luxury cars. But behind this enviable lifestyle is a story of strategic financial planning that goes beyond indulgence. Despite moving from Bengaluru to Luxembourg in 2020, the couple has remained committed to investing exclusively in Indian stocks, carefully navigating the trade-offs that come with living abroad.

For decades, climate scientists have been warning governments—and society at large—about the impact of climate change, especially the increased frequency and intensity of a range of nature-related disasters. Today, we are witnessing these unfold as news media headlines scream, almost on a daily basis, about how climate change has exacerbated disasters.

Canadian Prime Minister Justin Trudeau last month announced tariffs of 100 percent on Chinese EVs, accusing Beijing of «not playing by the same rules as other countries» in areas like environmental and labour standards. The United States and the European Union have also respectively slapped tariffs of 100 percent and 36 percent on Chinese EVs, arguing that Beijing unfairly subsidises domestic producers whose products then flood foreign markets and undercut local competitors.

“We wish to inform you that Union Cabinet chaired by Honourable Prime Minister of India, Shri Narendra Modi approved the proposal of Kaynes Semicon Private Limited, a wholly owned subsidiary of Kaynes Technology India Limited, to set up a semiconductor unit at Sanand, Gujarat through its press release dated 02nd September, 2024,” the company said in a filing to the exchanges.

Goldman Sachs believes gold has the highest potential for a near-term price hike due to its status as a preferred hedge against risk, while weak demand from China has led to a «more selective, less constructive» view of other commodities. «Imminent Fed rate cuts are poised to bring Western capital back into the gold market, a component largely absent of the sharp gold rally observed in the last two years,» Goldman analysts said on Monday in a note titled 'Go for Gold'. Spot gold has gained 21% so far this year, breaking successive records and hitting a historic high of $2,531.60 per ounce on Aug. 20.