Country Financial News

Delta Air Lines is changing its employee uniform policy following a passenger’s outrage over two flight attendants photographed wearing Palestinian pins

India will soon become the third largest economy, Prime Minister Narendra Modi said on Saturday. He was speaking after inaugurating INS Towers, the Indian Newspaper Society's secretariat in Mumbai's Bandra-Kurla Complex. Modi also spoke on how India has become the leader in digital payments. «There was a time when some politicians used to say that digital transactions were not for India. They had a preconceived notion that modern technology can't work in this country,» Modi said. «However, the world is witnessing the capabilities of the people of the country. Today, India is creating new records in digital transactions. Due to India's UPI and modern digital public infrastructure, the ease of living of people has improved, and it has become easier for them to send money across countries,» he said.

K P Sharma Oli, set to become Nepal's new Prime Minister, on Saturday held consultations with his alliance partner Nepali Congress in preparing the list of ministers to be inducted into the new coalition government that is likely to be sworn in on Monday. President Ram Chandra Paudel is expected to appoint Oli, 72, as the new Prime Minister of the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML)-Nepali Congress (NC)coalition on Sunday. «However, the President is likely to administer the oath to the new Prime Minister and other members of the cabinet on Monday morning. A small cabinet is likely to be announced on Monday before the oath-taking ceremony starts,» said sources close to the NC and UML. Amid political turmoil in the Himalayan nation, CPN-UML chairman Oli, 72, is set to become prime minister once again after incumbent Prime Minister Pushpa Kamal Dahal 'Prachanda' on Friday failed to win a trust vote in Parliament.

Kremlin on Saturday warned the deployment of US missiles in Germany could make European capitals targets for Russian missiles in a repeat of Cold War-style confrontation. Kremlin spokesman Dmitry Peskov spoke of a «paradox» in which «Europe is a target for our missiles, our country is a target for US missiles in Europe.» «We have enough capacity to contain these missiles but the potential victims are the capitals of these countries,» he said, speaking to Russian state television channel Russia 1.

NBDA) has unanimously elected India TV chairman Rajat Sharma as its president. He replaces Avinash Pandey, the former CEO of ABP Network. Sharma said that the TV news industry is at a critical juncture and NBDA needs to collectively work together to advance the interests of the genre, which is operating under tremendous pressure.

recently reported, Volodymyr Zelensky, Ukraine’s president, is still publicly claiming that Ukraine will recover all the territory the Russians conquered, even if he privately knows that this will not happen soon, if at all. His frustration with the lack of progress prompted him to reshuffle the leadership of the armed forces earlier in February. Our charts and maps below show where things stand two years into Russia’s full-scale invasion.

NITI Aayog is likely to hold its ninth governing council meeting on July 27 to deliberate on the government’s Vision 2047 for a Viksit Bharat. The meeting, to be chaired by Prime Minister Narendra Modi, is expected to be attended by chief ministers of all states and lieutenant governors of union territories besides the top minister of the Modi cabinet. Governing council is the apex body of NITI Aayog. The Aayog has been pursuing the policy of cooperative federalism and has regularly called upon all states to deliberate on important matters pertaining to the economic growth of the country as it feels India’s growth is closely linked with that of states. Prior to this, finance minister Nirmala Sitharaman is expected to lay out the blueprint for a Viksit Bharat while presenting the full Union Budget on July 23.

SCO summit held here under the Kazakhstan Presidency will adopt an important document to combat terrorism, separatism and extremism. The summit will also discuss SCO anti-drug strategy amid the rising menace of drug addiction.Kazakhstan assumed the SCO chairmanship in July 2023. President of Kazakhstan Kassym-Jomart Tokayev has emphasised that the Summit will present the initiative “On world unity for a just peace and harmony” This document will lay down the principles of strengthening confidence-building measures, maintaining stability and security, ET has learnt. And the main task of this document is to prevent a geopolitical fault between East and West, sources here said. Tokayev noted that the Astana SCO summit will be held under the slogan “Strengthening multilateral dialogue — the pursuit of sustainable peace and development.”

ONDC) is expecting 30 to 40 million monthly transactions through the platform by March 2025, its CEO T Koshy said on Wednesday. The open network witnessed 10 million transactions in June, up from over 7 million in March. «In March (2024) it was 7 million plus transactions. Now in June we had 10 million transactions and I think by the end of the fiscal year it should be 30 to 40 million (monthly) transactions,» Koshy said at a CII event here.

India should not just participate but steer the ongoing AI revolution, and mobilise the powerful technology to bring the nation to the forefront of the global stage, the country's G20 Sherpa Amitabh Kant said on Thursday. «We're truly in a unique moment with the ongoing AI revolution. Its relentless advancing capabilities across the board, its increasing adoption by citizens, and most importantly, its potential to redefine the very fabric of industry and society marks this as a transformative era,» the former NITI Aayog CEO said at the Global IndiaAI Summit here. Citing industry body nasscom, Kant said 70 per cent of Indian startups prioritise AI to drive their growth, thus underscoring the critical role of AI in the startup ecosystem. «India proudly holds the position of having the second highest number of GitHub AI projects globally, accounting for 19 per cent of worldwide AI projects. this demonstrates a vibrant and active engagement in AI development on an international scale.

Buddhist monk entrusted with protecting the Dalai Lama and foretelling his people's future is concerned. The Dalai Lama turns 89 on Saturday and China insists it will choose his successor as Tibet's chief spiritual leader. That has the Medium of Tibet's Chief State Oracle contemplating what might come next. «His Holiness is the fourteenth Dalai Lama, then there will be a fifteenth, sixteenth, seventeenth,» the medium, known as the Nechung, said. «In countries, leaders change, and then that story is over. But in Tibet it works differently.»

Two years after marijuana was decriminalized in Thailand, nearly a hundred of its advocates marched to the prime minister’s office to protest a possible ban on general use

India needs a stronger and prominent presence in Central Asia in the backdrop of Prime Minister Narendra Modi's successful foreign policy outreach and there are several promising areas of cooperation including in the fields of green energy and digital technologies, according to Kazakhstan Institute for Strategic Studies chief expert Aliya Mussabekova. “Foreign policy of PM Modi over the last ten years was very successful; here in Kazakhstan we feel its cooperative and supportive interest in our country as well as in the region. But in my point of view, there is a need for a stronger and more prominent Indian presence in Central Asia,” Mussabekova, a leading strategic affairs expert in Kazakhstan, told ET. “I work at an analytical centre, and I can say that even at the level of relations between think tanks, we do not have an established ongoing dialogue. For instance, representatives from Kazakhstan do not participate in the main Indian forum, the Raisina Dialogue,” Mussabekova noted.

The Ambani family, known for their influence and connections across various sectors, extended invitations to a wide list of decisionmakers from political parties. The attendance of the diverse guests is a symbol of goodwill, transcending diverse political ideologies in a country known for its vibrant yet often contentious political landscape. The guest list reads like a who's who of Indian politics.

Red Sea crisis and ongoing war between Ukraine-Russia and Israel-Hamas. E-commerce exports are growing rapidly and those done through the postal and courier routes are pegged at $1.5 billion. Here's a look at the challenges the export sector is facing and its budget wishlist. India's goods and services exports in FY24 were at an all-time high of $778.2 billion, up 0.23% from $776.4 billion in 2022-23 (goods USD 437.1 billion and services USD 341 billion). Key issues in India's export saga;

Prime Minister Narendra Modi has initiated a monumental Rs 29,000 crore investment drive in Mumbai, encompassing crucial projects in the road, railways, and ports sectors. This initiative is part of a broader vision to elevate Maharashtra as a global financial powerhouse, with Mumbai poised to become a leading fintech capital. Prime Minister Narendra Modi said that as per a report by the RBI, eight crore new jobs were made available in the country in the last three to four years. Modi was speaking at an event in Mumbai's Goregaon suburb after launching and laying the foundation stone for Rs 29,000 crore projects in road, railway and port sectors in the city. «RBI recently published a detailed report on employment. As per the report, around eight crore new jobs were created in the last three-four years. This figure has silenced those spreading fake narrative on jobs,» Modi said.

The United States, Canada and Finland will work together to build up their icebreaker fleets as they look to bolster their defenses in the Arctic, where Russia is increasingly active

Supreme Court judge Justice Sanjay Karol has said the construction of dams on the Sutlej has turned the trans-Himalayan river into a rivulet, altering the entire ecosystem and eco chain. Speaking at the launch of a book titled «Climate Change: The Policy, Law and Practice» by lawyer Jatinder (Jay) Cheema on Friday, Justice Karol also highlighted that climate change is heavily impacting the agriculture sector in the country. The Supreme Court judge noted that stretches of certain rivers are drying up due to rising temperatures and human activity. «The only trans-Himalayan river in India, the Sutlej, has turned into a rivulet because of the construction of several dams, changing the entire ecosystem and eco chain,» he said.

Tools For Humanity, the operator of Worldcoin (WLD), will change the way it collects data in Chile after legal challenges.

By Dan McTeague

Lok Sabha, saying that he mentioned "tumse na ho payega" in his speech when 140 crore Indians had told his government the same thing in the just-concluded general election. Prime Minister Modi mounted a stinging counterattack on Leader of Opposition Rahul Gandhi as he mocked him as «balak buddhi» (childish mind), accusing him of linking Hindus with violence and making false claims in Lok Sabha. Modi also sought stringent action against Gandhi to protect parliamentary democracy. Replying to nearly 18-hour long discussion on the Motion of Thanks on the President's Address in the Lower House, Modi said the Congress and its «ecosystem» are working day and night to impress upon people that the BJP-led NDA has been defeated in the elections despite voters handing his government a historic third-term for stability and continuity. Congress president Mallikarjun Kharge slammed Modi for calling the party «parasite» and claimed that the prime minister had used the term for farmers as well in 2021.