Country Financial News
13.08 / 12:17
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Features
Investigations
Canadian Crypto Exchange ezBtc Accused of Gambling Away $9.5M in User Funds
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...
13.08 / 12:11
markets
economy
Trade
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International
China’s oil-demand growth slowdown weighs on global outlook, IEA says
Global oil-demand growth is still forecast to slow to under a million barrels a day this year and next, with a continued slowdown in Chinese consumption weighing on the outlook, the International Energy Agency said. The Paris-based organization estimates that global demand will grow by 970,000 barrels a day this year and by 953,000 barrels a day the next—marginally lower than previous estimates of 974,000 and 979,000 barrels a day.
13.08 / 11:32
Target
security
wellness
War
country
Only Gaza ceasefire can delay Iran's Israel response, sources say
assassination of Hamas leader Ismail Haniyeh on its soil, three senior Iranian officials said. Iran has vowed a severe response to Haniyeh's killing, which took place as he visited Tehran late last month and which it blamed on Israel. Israel has neither confirmed or denied its involvement. The U.S. Navy has deployed warships and a submarine to the Middle East to bolster Israeli defenses. One of the sources, a senior Iranian security official, said Iran, along with allies such as Hezbollah, would launch a direct attack if the Gaza talks fail or it perceives Israel is dragging out negotiations. The sources did not say how long Iran would allow for talks to progress before responding.
13.08 / 11:26
UPS
Freedom
country
concert
rock
How 1925 Kakori train dacoity led India to a revolutionary path for Independence
Independence day, an event in Uttar Pradesh's Kakori reignited the fire of violent revolution against the Britishers. A small incident of dacoity at a sleepy railway station shook the might of British empire. The use of physical force as a form of direct confrontation with and retaliation against the British began as a concerted attempt in the last decade of the 19th century in India. The anti-Partition agitation that began in 1905 further catalyzed the growth of extremist nationalism in India. Several revolutionary associations and organizations, both clandestine and open, sprang up in Bengal, Maharashtra, Punjab, and so on. This was also the period when the culture of the bomb was absorbed and employed by the nationalists with assistance from the revolutionaries abroad.
13.08 / 11:20
13.08 / 10:39
COST
BLOCK
awards
Research
country
rights
India to offer incentives for critical minerals extraction, govt source says
critical minerals industry. The funding illustrates the efforts India is making to get the critical mineral industry off the ground and cut the country's near-total reliance on imports of lithium and rare earths mineral that are key to energy transition technologies. So far, India's attempts to create a critical minerals mining industry have faltered. The country awarded development rights in June to a lithium block in Chhattisgarh state but a separate attempt to auction lithium blocks in Jammu and Kashmir found no takers because of low mineral concentration and high extraction costs.
13.08 / 09:16
Election
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Olympics
International
cricket
ECB, Cricket Scotland in talks over Team Great Britain in LA Olympics
England Cricket Board (ECB) and Cricket Scotland opened the talks of introducing the Great Britain (GB) men's and women's teams for the next Los Angeles Olympics in 2028. Cricket is brought to the marquee event for the first time since 1900 and the decision to bring it back came last year. The details of the event are not yet confirmed but the International Cricket Council (ICC) has suggested a six-team tournament for both the categories. The tournament will be played for a week and the matches for the teams are likely to take place consecutively rather than «With the Los Angeles Olympics four years away, it's very early stages, but we're talking to Team GB and Cricket Scotland about the next steps we need to take. Once again Great Britain's Olympians have captured the national imagination with their exploits in Paris this year, and we look forward to working together to compete when cricket returns to the Olympic stage in 2028,» an ECB spokesperson told ESPNcricinfo.
13.08 / 08:57
markets
Fitch
wellness
War
country
Fitch cuts Israel's credit rating to 'A' as Middle East tensions rise
geopolitical risks as the war in Gaza drags on, and kept the rating outlook negative, meaning a further downgrade is possible. The ratings agency expects the Israeli government to permanently increase military spending by close to 1.5% of GDP versus pre-war levels, putting upward pressure on the country's budget deficit and debt levels. «In our view, the conflict in Gaza could last well into 2025 and there are risks of it broadening to other fronts,» the ratings agency said in a statement.
13.08 / 08:42
Provident
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Enterprise
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Enterprise and employment: We need dynamic firms to generate jobs
₹30,000 a month, which is far higher than what new employees get on average in cities. The prospect of stable employment is an added incentive. Yet, such a scramble for government employment is also a symptom of the lack of quality jobs in an economy that has otherwise had a good run since the pandemic.
13.08 / 08:41
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Sporting
India can organise Olympics 2036: French President Emmanuel Macron
India looks forward to bidding for the Olympics 2036, French President Emmanuel Macron said that India has the «capacity» to organise such events. Speaking to Jio Cinema, Macron said he believes in India's future. He added that the Olympics is fierce competition. «First of all, I am a strong believer in your country and the future of your country. And what you can build and your capacity to organise such events. I think this is a fierce competition. You should not underestimate that fact. I remember that seven years ago when we went to Lausanne, we did compete with the US at that time — Los Angeles. And we found this agreement at the end, it was, it is still a great cooperation. So, competing, by itself, is clearly a great preparation,» Macron said.
13.08 / 08:33
Instagram
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inclusion
cricket
Sporting
Indian women's cricket team batter Jemimah Rodrigues excited to play at Los Angeles 2028 Olympics
cricket team batter Jemimah Rodrigues expressed her excitement about representing the country at the Los Angeles 2028 Olympics. Cricket is brought to the marquee event for the first time since 1900 and the decision to bring it back came last year. A two-day match took place between teams from Great Britain and France. Great Britain won the match by 158 runs. Cricket will return to the Olympic programme at LA 2028 after 128 years in the T20 format. In a post on Instagram, Jemimah wrote, «Loved wearing the current Indian Olympic jersey. Can't wait to play cricket for India at the Olympics soon! Man, what a feeling that'd be.»
13.08 / 05:35
country
Is August 15 a bank holiday or not in India?
Banks will be closed across the country on August 15 in commemoration of the 78th Independence Day. This year, August 15 falls on a Thursday, so there won't be a long weekend that week.
13.08 / 05:24
Analysis
DNA
Southern
Wildlife
country
Department
Elephant census delayed in northeast; final count likely in June 2025
elephant census, as the population estimation has been delayed in some northeastern states, sources said. Wild elephants are found in forested, hilly tracts across four regions of India: the foothills of the Himalayas in the north, the northeastern states, east-central India, and the Western and Eastern Ghats in the southern parts of the country. A source told PTI that data collection and analysis from the northeast have not yet been completed. The primary reasons for the delay in the region are «heavy monsoon rains, floods and the limited capacity» of the forest staff, the sources added.
13.08 / 04:51
UPS
Digital
Citizens
Death
country
Equality
A takeaway from the Bank of England Museum: Go easy on issuing fiat currency
On 21 July, I visited the Bank of England Museum in London. It was an interesting and an engaging experience. Nonetheless, I was left wanting more, simply because I thought the museum would be more about the history of money than about who did what at the Bank of England since its establishment in 1694.
13.08 / 03:26
Basketball
performer
country
Olympics
Equality
Features
As usual, the medal tally at the Olympic games was lopsided
AFTER A FORTNIGHT featuring 329 competitions, the battle for Olympic supremacy came down to the last event on the final day of the Paris games. When America’s women’s basketball team beat France’s in the final on August 11th, they also helped their country equal China’s tally of 40 golds at these games. As a result, America retained its position at the summit of the official medal table—which ranks countries based on the number of golds they win—thanks to a greater haul of silvers (44 compared with China’s 27).
13.08 / 02:10
markets
security
Continental
Trade
country
hospital
Relationships
After BT, Bharti may consider more opportunities in Europe: Mittal
Tata Motors Ltd, while Tata Steel Ltd’s acquisition of Corus has become a burden for its Indian parent. Bharti comes a full circle with the acquisition of BT shares, Mittal said, as the British group had held a 21% stake in Bharti Airtel between 1997 and 2001, and now the Bharti group has become the single largest shareholder in the entity.
13.08 / 01:58
UPS
Citi
Experts
Ozon
country
Updates
India plans stricter quality standards to tackle air pollution
At present, there are 1,504 air monitoring stations in 543 cities across the country. The government has entrusted the job of updating NAAQS to IIT Kanpur, which has set up a panel comprising experts from the World Health Organisation (WHO) and other institutions. “Work on the new NAAQS is ongoing.
13.08 / 01:05
markets
security
Trade
War
country
outbreak
India and Russia eye dynamic rupee-rouble rate, vostro balance to bypass dollar trade barriers
Russia are exploring the idea of a dynamic reference rate to start a rupee-rouble market, along with allowing greater deployment of the rupee balance that has accumulated in course of trade between the two countries since outbreak of the Ukraine war. A reference or exchange rate is aimed at overcoming the dollar trade barriers raised by US sanctions imposed on Russia in February 2022. These, along with putting in place a payment confirmation mechanism, are expected to figure during a meeting of senior central bank officials and bankers in Moscow this week, two industry persons told ET. The Reserve Bank of India (RBI) recently took feedback from banks and financial institutions dealing with Russian funds registered in India.
12.08 / 22:23
SUN
Platform
Election
President
country
social
Republicans question who is running the country as Biden snoozes on the beach
US Presidential Election 2024 is only a few weeks away, the political tension is escalating by leaps and bounds, US President Joe Biden has come under scathing attacks for the most unexpected reasons. He was caught taking forty winks under the sun at Delaware Beach. The Republican Party lost no time in attacking him and accusing him of dereliction of duty. They went to the extent of saying that Biden has spent 40% of his entire presidency on vacation. The RNC Research took to social media platform X and wrote in a post, «Biden- who held just one public event this week- is currently lounging on the beach in Delaware. He has spent 40% of his entire presidency on vacation. Who is running the country?» This triggered reactions among the netizens who came out on the social media platforms in a large number, most of them slammed or ridiculed the 81-year-old president. A user called Collins Opara wrote, «This is a joke! Biden has spent 40% of his presidency on vacation while the country falls apart. Inflation, crime, border crisis — who cares? He's too busy relaxing on the beach. Unbelievable dereliction of duty. Incompetent leadership. America deserves so much better than this.»
12.08 / 21:53
12.08 / 21:37
markets
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economy
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Research
country
reports
U.S economy is not heading for a recession, says Bank of America CEO
Bank of America, Brian Moynihan, has said that he has not seen a recession on the horizon of the US economy, reports 'The Hill'. Participating in CBS’s Margaret Brennan on “Face the Nation” Sunday, he tried to defend Joe Biden and the Federal Reserve by indicating that they have managed a “soft landing” for the US economy after inflation troubles in recent years.
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