Country Financial News

BEIJING — China's latest efforts to stem a bond market rally reveals wider worries among authorities about financial stability, analysts said.

The late British prime minister Winston Churchill infamously remarked, “India is merely a geographical expression. It is no more a single country than the Equator." The pugilistic Churchill, no friend of India, seldom hid his distaste for Indians, referring to us once as “beastly people." Ignorance levels have dropped since. Today, we are widely known for what we are: a rainbow nation of mind-boggling diversity, a blend of ethnicities, a profusion of mutually incomprehensible languages, and a host of religions, cultural practices and topographies.

IMD) has forecasted cloudy skies with light rain and thunderstorms in the Red Fort area during the morning and forenoon of India’s 78th Independence Day on Thursday, August 15. A few spells of light rain are also expected during the afternoon and night. The maximum temperature is predicted to range between 32 and 34 degrees Celsius, while the minimum temperature will be between 25 and 27 degrees Celsius. Read More: Independence Day 2024 Live Updates IMD has also issued a nowcast valid for the next three hours, indicating no rain in the area, with generally cloudy skies and temperatures ranging between 30 and 32 degrees Celsius.

ByteDance last week launched a new text-to-video generative AI app called Jimeng AI, said to be a rival to OpenAI’s Sora which is yet to be made publicly available. ET takes a close look at Jimeng and other Chinese GenAI models, and their place in the global AI race. What does Jimeng AI do? Jimeng AI was developed by ByteDance-owned Faceu Technology and can generate images or videos from text prompts. It is available on both Android and Apple’s App Stores, but only in China.

Matthew Read for the second season of his series ‘The Gentlemen’. Eight new episodes of the series ‘, which stars Theo James and Kaya Scodelario as crime partners, will be released. James and Scodelario will portray drug empire heiress Susie Glass and aristocrat Eddie Horniman, respectively. Filming is scheduled to begin early next year, with additional casting announcements to follow.

Independence Day celebrated on August 15th, is a day of great pride and joy for all Indians. It commemorates the historic moment in 1947 when India gained independence from British rule following a long and difficult struggle. This day is not only a time to remember those who fought for the nation's freedom but also a time to reflect on progress made since then and consider the country's future. This day brings communities together to celebrate their common history and culture. Patriotic songs fill the air, traditional foods are enjoyed, and people take part in a variety of events that highlight India's unity in diversity. Schools and colleges organize special programs, and Indians living abroad celebrate with equal zeal, reconnecting with their roots despite their distance. Also Read: ‘Fire Country’ Season 2: Will it release on Netflix? Here’s where you can watch the drama on OTT

Independence Day 2024 Live Updates: Prime Minister Narendra Modi is all set to deliver his 11th Independence Day speech from the ramparts of the Red Fort in Delhi around 7.30 am on Thursday. India is celebrating its 78th Independence Day on August 15, 2024 and all eyes are on the customary speech by the Prime Minister of India.

Har Ghar Tiranga Abhiyan 3.0" is a campaign which summons Indians from across the globe to indulge in reminiscence of India’s rich tapestry and hoist the Tricolor at their dwellings, exemplifying patriotism to a significantly larger degree. With the 78th Independence Day around the corner, the Har Ghar Tiranga Abhiyan 3.0 encourages Indians worldwide to partake in this wholesome nationalistic celebration. Merely living outside India should never restrict an Indian from expressing their love for their motherland. Here’s how you can participate, even from afar.

India Inc is actively pushing to leverage upcoming extended weekends in August and September. Such short breaks can help revitalise employees and boost their productivity, executives say. Executives at travel companies like Thomas Cook, SOTC, and StayVista told ET that working professionals including CXOs are making a beeline to avail quick and snappy breaks during this period. Even companies, at their end, are encouraging their staff to take these microbreaks and return rejuvenated as it increases productivity, executives said.

Indian nationals living in other countries celebrate the joyous occasion with felicity and are full of nationalistic fervour on Indian Independence Day. For individuals living in the United States, the United Kingdom, or any other country, there are a plethora of ways they can celebrate the 78th Indian Independence Day with fanfare, vigour, and a renewed sense of Indian pride in their hearts, even if they are physically away from their motherland.

Indian Independence Day: Since gaining independence, India has made remarkable strides in the establishment and development of educational institutions, laying the foundation for a strong and progressive nation. These institutions have not only contributed to the intellectual and cultural fabric of the country but have also positioned India as a global leader in various fields of education. Here’s a look at some of the monumental institutions that have shaped India’s educational landscape.

It’s been three years since the Taliban took control of Afghanistan

Resident doctors at government hospitals in some states, including West Bengal and Delhi, continued their strike as various doctors' bodies differed over calling off the strike. The Federation of Resident Doctors' Association (FORDA) on Tuesday night called off its strike after meeting Union Health Minister J P Nadda. However, the medics at the central government-run AIIMS-Delhi, the Federation of All India Medical Association (FAIMA), and other Resident Doctors' Associations said that their stir would continue until a central law to curb attacks on medical personnel is implemented and a concrete solution found. In West Bengal, long queues were seen at outpatient department (OPD) ticket counters in government hospitals, where senior doctors joined their junior colleagues in the protest.

Mehul Choksi's plea seeking records related to the suspension of his passport from the regional passport office. Choksi, an accused in a multi-million dollars scam at the Punjab National Bank, has claimed that he can not return to India as his passport is suspended on the ground of a «security threat to India». The special judge for the Prevention of Money Laundering Act (PMLA) cases S M Menjoge, however, allowed his plea seeking copies of investigation files relevant to decide whether there are sufficient grounds to declare Choksi a Fugitive Economic Offender (FEO).

Among the myriad problems Justin Trudeau is confronting, two have an immediacy that must be especially troubling. One is political, the other economic.

Manish Sisodia on Wednesday said the governor's post should be scrapped as the institution has become a «burden on democracy» and its role is only to «obstruct» the functioning of governments being run by non-NDA parties. In an interaction with PTI editors at the agency's headquarters here, Sisodia, who stepped out of Tihar jail on Friday after being granted bail in the excise policy case, said that bureaucrats in Delhi are suffering due to the tussle between the Lt Governor and the elected government and he «felt sorry» for them. He lamented that public services and works were also being affected and people were facing hardships due to the «split» in governance at various levels. The Lt Governor's office and the AAP dispensation in Delhi have had run-ins on several governance issues.

Starbucks has announced the departure of Chief Executive Officer Laxman Narasimhan after just 16 months in the role. The company's decision comes in response to declining sales. Narasimhan will be replaced by Chipotle CEO Brian Nichol. Reacting to the news, Shark Tank judge Anupam Mittal shared his thoughts on the microblogging site X, formerly known as Twitter. He expressed concerns about Starbucks' current direction.

Independence Day of India approaches on August 15, the sight of the Tricolour, India's national flag, fluttering in the wind evokes memories of the sacrifices made by freedom fighters and celebrates the unity and diversity of the nation. The national flag, widely seen in shops and streets ahead of this day, symbolizes India's strength, peace, and prosperity. The flag in its current form was adopted on July 22, 1947, during a meeting of the Constituent Assembly, becoming the official flag on August 15, 1947. The design of the flag, often attributed to Pingali Venkayya, features three colours: saffron, white, and green. Saffron signifies the strength and courage of the country, white represents peace, and green symbolizes fertility, prosperity, and the auspiciousness of the land. A navy-blue wheel, known as the Ashok Chakra, is centered in the white band, symbolizing truth and life with its 24 spokes representing continuous progress. «It reminds us of the sacrifices made by countless freedom fighters and the enduring spirit of unity and diversity that binds us together.»

German prosecutors have issued a first arrest warrant in their investigation into the undersea explosions in 2022 that damaged the Nord Stream gas pipelines between Russia and Germany, according to a media report

New Delhi: IndiGo on Wednesday inducted 77 female pilots for its Airbus and ATR planes to celebrate 77 years of the country's independence. With the latest induction, the carrier has more than 800 female pilots. The induction of 72 female pilots for the Airbus fleet and 5 for the ATR fleet to celebrate 77 years of the country's independence marks a milestone, the airline said in a release. The airline has around 14 per cent women pilots compared to a global average of 7-9 per cent women pilots in the workforce, it added.