Country Financial News
26.07 / 06:15
markets
Provident
Target
Manufacturing
Enterprise
country
Department
BSNL’s subscriber count is surging. These four stocks could benefit.
Indian telecom market operates as an oligopoly, with a few major players offering similar services and greatly affecting pricing. When one company lowers prices the others typically follow suit, but the reverse is not always true. We saw an instance of this when Reliance Jio entered the market, prompting price cuts across the board.
26.07 / 06:07
UPS
War
shooting
country
voice
Prime Minister Modi pays tribute to Kargil soldiers at Drass on Vijay Diwas, shoots warning to Pakistan on terror
Kargil War, on the ocassion of Kargil Vijay Diwas at Ladakh's Drass town. He spoke on the ocassion, extolling the many soldiers who sacrificed their lives for the country.
26.07 / 06:02
Dreams
War
country
Sporting
athletics
The secret Russians at the Paris Olympics
PARIS—As the Summer Games approached in Paris and the war raged on in Ukraine, the International Olympic Committee was confronted with a thorny political question: what to do about Russian athletes? Officially, Russia is banned from sending a team under its name and flag for the fourth consecutive Olympics. This time, however, the reason isn’t related to the country’s epic state-sponsored doping scandal, but rather Russia’s 2022 invasion of Ukraine. As it did during all of the previous bans since 2014, the IOC created a pathway for athletes from Russia—and in this case Belarus—to compete, but not under their country’s flag or colors.
26.07 / 05:52
Target
BLOCK
Trade
show
country
reports
recommendations
Sobha shares fall over 4% amid block deal
realty firm Sobha fell 4.5% to Rs 1,779 in Friday's trade on the BSE following reports of a block deal. While the buyers and sellers in the transaction are not confirmed, media reports suggested that Anamudi Real Estate LLP, wholly owned by the Godrej family, is likely to sell 5% of its 9.9% stake in Sobha through block deals.
26.07 / 05:51
UPS
Citi
security
economy
WhatsApp
country
Indonesia launches Golden Visa to lure foreign investors
Indonesia has launched a long-term visa scheme designed to attract foreign investors. The initiative offers visas of up to 10 years to investors, aiming to draw significant investments into Southeast Asia's largest economy.
26.07 / 03:17
markets
Target
economy
Sustainability
country
reports
International
India mustn’t lose time on a climate finance taxonomy
India’s climate ambitions are as vast as its challenges. The threats of rising sea levels, erratic monsoons and extreme heatwaves loom large. Trillions in investment are needed to mitigate these and transition to a low-carbon economy.
26.07 / 01:36
students
Justice
country
testing
Schools
Courts
Colleges
SC verdict on NEET exam: students feel let down
retest for the National Eligibility-cum-Entrance Test (Undergraduate) (NEET-UG) 2024, education coaches and students have come around to living with the situation. However, several students were disheartened by the prospect of the judgement.
26.07 / 01:27
markets
Platform
economy
wellness
country
social
reports
Luxury watchmakers pivot to India amid slump in Chinese market
Raynald Aeschlimann, president and chief executive officer of watch company Omega, owned by the Swatch Group AG, spoke exclusively to Mint virtually about India as a market and the promise it holds. For the entire group, South Korea, India and the United Arab Emirates also considerably outperformed the previous year. The shift away from China—the largest consumer of luxury in the world—has impacted Swatch, Omega's parent, which reported lower half-yearly sales from a year ago.
26.07 / 01:20
UPS
Digital
security
country
Sify
prevention
Schools
India needs to rely on homegrown tech to avoid Crowdstrike-like blip: Sify chief
India needs to continuously encourage homegrown technologies and reduce its dependence on foreign companies to prevent being affected by incidents like the recent Windows outage, Raju Vegesna, chairman and managing director of Sify Technologies, told ET.
25.07 / 20:33
UPS
Target
Manufacturing
Align
Research
country
inclusion
Growth-oriented outlook, inclusive provisions to uplift all sections of society
Budget 2024 indicate an intention to have a multiplier effect for uplifting the poor, youth, women, and farmers. Some key themes emerge out from this year.
25.07 / 20:23
UPS
Mobile
country
electronic
Department
rights
Interviews
Will suggest correction of duty inversion in some electronics and leather goods: Rajesh Kumar Singh, DPIIT
DPIIT) will suggest the finance ministry to correct duty inversion in some electronics and leather goods in the upcoming customs duty review and is also looking at suggestions on a crackdown on tobacco firms' proxy ads, DPIIT secretary Rajesh Kumar Singh said. In an interview, he also told ET that the government has instruments such as Quality Control Orders (QCO) and import tariffs to trigger investment decisions. Edited excerpts:
25.07 / 19:51
markets
WhatsApp
wellness
trends
show
country
International
Offshore loans turn cheaper as global investors widen exposure
syndicated loan route has turned cheaper for local corporates even before a much-awaited rate cut by the US Federal Reserve as global investors increase exposure to a widening borrower base using such instruments in India.
25.07 / 19:19
economy
Election
President
country
Schools
Courts
Venezuela Elections 2024: Who is María Corina Machado? Driving force behind main opposition candidate, Edmundo Gonzalez
Maria Corina Machado is not the opposition candidate against President Nicolas Maduro as the oil-rich Latin American country Venezuela is going to polls, but the incumbent president targets her in almost every election rally he addresses. The 56-year-old lady would not be the president if the opposition won the poll, but she has emerged as the biggest hope for the opposition. A little-known former diplomat Edmundo Gonzalez has been pitched against the powerful socialist leader. Within a few months, Machado has succeeded in building a powerful social movement that has attracted thousands of people from among the masses.
25.07 / 19:04
UPS
Progressive
Software
Research
country
prevention
Videos
China is closing the AI gap with the United States
Artificial Intelligence Conference in Shanghai this month, startup founder Qu Dongqi showed off a video he had recently posted online. It displayed an old photograph of a woman with two toddlers. Then the photo sprang to life as the woman lifted the toddlers up in her arms and they laughed with surprise.
25.07 / 19:00
Assurant
security
Strategy
Research
country
inclusion
innovations
Hail-a-tax to catch a ride: Budget focuses on MSP assurance, tax adjustments & sectoral reforms despite implementation challenges
budget's rubric comprised four stakeholders: the poor, women, youth, and farmers. What drew immediate attention was reiteration of the interim budget's announcement of MSP for farmers of a 50% margin over the cost of production. This was assured by the previous FM, but didn't see the light of day. The renewed assurance will be watched closely. Women, youth and the poor have been assured many benefits, for which disbursements will be the real test.
25.07 / 18:59
UPS
Death
President
Celebrity
country
BJP lines up events to mark APJ Abdul Kalam's death anniversary
BJP working on to project former President and spacescientist APJ Abdul Kalam as its own as the party's minority Morcha will launch a nationwide campaign on July 27 to mark the ninth death anniversary of Kalam.
25.07 / 18:59
Target
WhatsApp
stage
country
politician
Jagan Mohan Reddy made Andhra 'Ganja' hub: CM N Chandrababu Naidu
YSRCP chief Y S Jagan Mohan Reddy staged a protest against rising violence in Andhra Pradesh, chief minister N Chandrababu Naidu on Thursday tabled a white paper on law and order and ganja in the Assembly on Friday.
25.07 / 18:33
markets
Citi
Target
Analysis
economy
Universities
country
Amid tensions with China, some US states are purging Chinese companies from their investments
Some U.S. states are scrapping investments in Chinese companies amid tensions between countries with the world's largest economies
25.07 / 18:16
UPS
economy
country
reports
China cuts 1-year benchmark rate and doubles subsidies for EVs in its 'cash for clunkers' program
China has ratcheted up its efforts to spur slowing growth by cutting a key policy rate and doubling subsidies for electric vehicles bought to replace older cars
25.07 / 17:46
Waters
Assurant
economy
Food
country
inclusion
innovations
Budget 2024: Strong emphasis on agriculture & climate resilience signals transformative development
India's existence and across a series of budgets, one factor has remained constant: the economy's high dependence on the farm sector, thanks to its contribution to economic growth and consumption expenditure. So, it's good to see this budget putting the impetus on agriculture and its focus on more effective, efficient and climate-resilient public spending.
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