Country Financial News

31.07 / 15:22

markets COST Strategy Trade country cover Equality EU suggestion on India’s carbon tax will not help local companies: GTRI

GTRI) Wednesday suggested India to use a twin strategy of a calibrated retaliation mechanism (CRM) to retaliate in equal measure and renaming some ongoing schemes as carbon taxes to deal with the EU’s climate taxes. It said that the EU’s suggestion that India could avoid its carbon tax by imposing a similar levy locally, will not help the domestic players much, as they would still be liable for the duty for their exports to the bloc.

31.07 / 15:17

CEO Telegram country social donates Profiles Who is the billionaire who claims to have fathered 100 children across the world?

Pavel Durov, who founded the social media companies Telegram and VK, has disclosed that he is the father of more than 100 children worldwide. His inventive contributions to Russian social media have helped him earn a wealth of £13.6 billion. In a Telegram post, Durov revealed that he became a prolific sperm donor, helping over 100 couples in 12 countries conceive while being single and living alone, as per the reports of The U.S. Sun.

31.07 / 15:09

markets Provident Digital Strategy Experts country Relationships Angel One infuses Rs 250 crore into wealth management arm

Angel One has invested Rs 250 crore into its wealth management arm, Angel One Wealth, to cater to the expanding population of high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs) in the country.

31.07 / 12:27

FIVE Reuters economy Election pandemic country reports India's top private lenders see farm loan defaults rising amid weak rural economy

31.07 / 12:04

security Luno country reports Courts Interviews Crypto Exchange Luno Launches Solana Staking in Malaysia: Interview

Luno, a crypto exchange licensed by the Securities Commission Malaysia, is launching its third crypto staking, this time, for Solana. Scarlett Chai, Luno’s country manager, noted that the exchange has already released the teaser of the launch.

31.07 / 11:44

COST security Food President country social 2020 Nigerians are frustrated by economic hardship but authorities fear planned protests could turn ugly

Nigerians are planning nationwide protests this week against the country’s worst cost-of-living crisis in a generation

31.07 / 11:36

UPS Target economy stage country Inflation ticks up in Europe, complicating the European Central Bank's next move

Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank’s target and complicating the ECB’s next decision on whether to cut interest rates and boost growth as the economy struggles to stage ...

31.07 / 09:27

markets COST Manufacturing Trade War country reports Made-in-India fights a battle of tags on American, European shelves

supply chains after the pandemic and due to geopolitical reasons has given India a chance to make in India for the world. It's not just China. Other Asian countries such as Vietnam and Bangladesh are also formidable incumbents. Traditionally, other Asian countries have had an edge over India due to various reasons such as cheaper labour, less rigid labour market and free trade agreements. But now India too is becoming an attractive source of goods for Western countries.

31.07 / 08:55

UPS Cooper Aviat WhatsApp country Updates Adani Group considers investing in Vietnam's airports

India's Adani Group is considering investing in two airports in Vietnam, the Vietnamese government said on Wednesday, weeks after the company revealed it had permission to build a seaport in the country.

31.07 / 07:50

UPS Action Remark Puzzle country 'Sheer desperation': Congress slams FM Sitharaman for criticising Opposition over foreign investments

Congress «propaganda» for deterring private investment is «sheer desperation», the party said on Thursday while hitting out at Finance Minister Nirmala Sitharaman for her remarks attacking the opposition. In an apparent attack on the Opposition, Sitharaman said conspiracy is being carried out to damage India's image and give a message to foreign investors that the country is not safe for investment.

31.07 / 07:16

markets COST UPS Manufacturing CEO stage country Electric two-wheeler makers brace for life without subsidy

electric two-wheeler makers are preparing for a future without government subsidies amid uncertainty on whether these vehicles will be included in the upcoming third phase of the FAME (faster adoption and manufacturing of electric vehicles) scheme.

31.07 / 06:56

Platform Election country information rights How Hungary's Orbán uses control of the media to escape scrutiny and keep the public in the dark

In Hungary, Prime Minister Viktor Orbán has extended his party's control over the media, directly affecting informed democratic participation

31.07 / 03:10

UPS FIVE track country Oil claws back some losses after Israel retaliates against Hezbollah

Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezbollah, although prices remained under pressure from concerns about demand in China. Brent crude futures climbed 39 cents, or 0.5%, to $79.02 a barrel by 0020 GMT ahead of expiry on Wednesday, while the more active October contract was at $78.54, up 47 cents.

31.07 / 01:55

MET Trade President country Relationships ‘I think India wants to play a responsible role globally,’ US Diplomat says as he expects more engagement with Ukraine

Ukraine. I'm grateful for that.

31.07 / 01:37

FIVE security Strategy Parke Indus country reports Stocks in news: Maruti, M&M, Tata Consumer, Adani Energy, Vedanta

Maruti, M&M, Tata Consumer, Adani Energy, Vedanta will be in focus due to various news developments and first quarter results. Maruti, M&M, Coal India, Adani Power, Tata Steel, Ambuja, BoB

31.07 / 01:36

Justice track country travelers Department Destinations Lawsuit says Norfolk Southern's freight trains cause chronic delays for Amtrak

The federal government alleges in a lawsuit against Norfolk Southern that the railroad has been causing chronic delays for Amtrak between New York and New Orleans by forcing the passenger trains to wait while its massive freight trains pass

31.07 / 01:31

Bill Trade country reports International Russian Lawmakers Pass Bill Allowing Select Businesses to Use Crypto in International Trade

Russian lawmakers passed a bill on Tuesday, July 30 allowing businesses to use cryptocurrencies in international trade, a move aimed at circumventing Western sanctions imposed following Russia’s invasion of Ukraine.

31.07 / 01:15

markets UPS Aware Racing country reports orienteering JSW joins the race to buy CK Birla’s flagship Orient Cement

JSW Cement has begun evaluating acquisition of the promoter stake in Orient Cement Ltd (OCL) from CK Birla, said people aware of the development, amid a consolidation wave in the sector that’s seen the Aditya Birla and Adani groups race to pick up assets across the country.

31.07 / 00:45

UPS economy President Universities country Schools rights What is Agenda 47 as Trump distances himself from Project 2025?

Trump presidency would look like? The former president who was known for some ‘rash’ decisions, according to political observers is firming up plans for his second term presidency. Trump’s ideas have been mentioned in something called the Agenda-47.

31.07 / 00:01

BLOCK Action security President War country Hungarian minister accuses EU of orchestrating stoppage of Russian oil through Ukraine

Hungary’s foreign minister has accused the European Union’s executive commission of orchestrating a stoppage of some Russian oil supplies into the bloc through Ukraine and warned that the dispute could lead to an energy crisis

30.07 / 23:59

markets economy Align country consequences International diving Ethiopia's currency dives by 30% as IMF-backed reforms to stabilize the economy take effect

Ethiopia’s currency has lost 30% of its value the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary Fund as part of new measures to stabilize the eastern African nation’s economy

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