Country Financial News

26.06 / 05:57
trends Experts show track country recommendations Sporting Physical inactivity a ‘silent threat’ as countries, including Canada, off track
World Health Organization said in a new study, calling it a “silent threat” that needs greater attention.Data published in The Lancet Global Health journal on Tuesday showed that more than a third (31.3 per cent) of the global adult population — or roughly 1.8 billion people — did not meet the WHO’s recommended levels of physical activity in 2022.This was an increase of almost four percentage points from 2016, when 27.5 per cent of the global population was insufficiently physically active.For adults, the WHO recommends 150 minutes of moderate-intensity, or 75 minutes of vigorous-intensity physical activity, or its equivalent combination of activities, each week.In Canada, 37.2 per cent of adults were reported as physically inactive in 2022, the WHO study showed, going up from 31.1 per cent in 2010 and 25.6 per cent in 2000. If these trends continue, by 2030, the prevalence of physical inactivity in Canada could go up to 41.4 per cent, the WHO estimates.“Unfortunately, the world is not going into the right direction,” said Ruediger Krech, WHO’s director of health promotion, during a virtual news conference.“Physical inactivity is a silent threat to global health, contributing significantly to the burden of chronic diseases such as cardiovascular diseases, cancers, diabetes or respiratory diseases,” he said.The WHO study looked at the levels of insufficient physical activity for 197 countries and territories between 2000 and 2022.
26.06 / 05:37
COST Target Bill Experts country social Denmark will be first to impose CO2 tax on farms, government says
Denmark, a major pork and dairy exporter, will introduce a tax on livestock carbon dioxide emissions from 2030, making it the first country to do so and hoping to inspire others to follow, the government said on Tuesday. A tax was first proposed in February by government-commissioned experts to help Denmark reach a legally binding 2030 target of cutting greenhouse gas emissions by 70% from 1990 levels. The centrist government late on Monday reached a wide-ranging compromise with farmers, industry, labour unions and environmental groups on policy linked to farming, the country's largest source of CO2 emissions.
26.06 / 05:37
markets Citi Target economy Trade President country China premier calls to 'oppose decoupling' at economic forum
China's premier called Tuesday for countries to «oppose decoupling», as economic tensions simmer between Beijing and the West, and the European Union prepares to impose new tariffs on Chinese electric vehicles. Friction between the West and the world's second-largest economy has intensified in recent years, particularly as Beijing and Washington compete for supremacy in advanced technology and new «green» industries. «We should broadly open our minds, work closely together, abandon camp formations, (and) oppose decoupling,» said Li Qiang, China's second-ranking leader, who has been tasked by President Xi Jinping with managing economic affairs.
26.06 / 05:25
COST Citi economy Trade country Gold and silver prices today on 26-06-2024: Check latest rates in your city
gold in the last one week has been -1.72% whereas in the last month it has been -0.96%.The cost of silver is Rs.88690.0 per kg down by Rs.160.0 per kg. Gold Price Today in Delhi is ₹73532.0/10 grams. Yesterday’s Gold Price on 25-06-2024 was ₹74492.0/10 grams.
26.06 / 02:31
markets COST UPS Enterprise Experts country AI PC demand to pick up from 2025 once use cases emerge
artificial intelligence personal computers is unlikely to trigger a strong replacement demand in India as compared to other countries even as IT hardware makers start flooding store shelves with the next-generation machines, industry experts said. While the ongoing AI revolution has prompted enterprises, education institutes and government organisations to deliberate on using high-performance compute servers for training AI models and developing use-cases, the demand for AI laptops and notebooks — that are priced at a hefty premium to regular PCs — is expected to soar only after their use-cases are established and people start using them, market trackers and industry executives said.
26.06 / 02:29
Provident CEO Platform country 2020 reports Route Mobile owner Proximus Opal eyes Nasdaq listing
Also read | Route Mobile to become $1 billion business: Proximus Group CEO Belgium-based Proximus Group, which has acquired a majority stake in Route Mobile, intends to double the group's revenues to $3 billion in 3-4 years, on the back of synergies from the new acquisition, Mint reported in May 2024. Within that, Route Mobile alone is expected to generate $1 billion in revenues, the report said.
26.06 / 01:51
Election President Justice country voice Equality "Rahul Gandhi becoming their voice...": Congress chief Mallikarjun Kharge
Congress chief Mallikarjun Kharge on Tuesday praised the appointment of Congress leader Rahul Gandhi as Leader of the Opposition in Lok Sabha and said that the House of the People shall truly reflect the aspirations of the last person standing, with Rahul Gandhi becoming their voice. Congress on Tuesday declared that Rahul Gandhi, party's MP from Raebareli will be Leader of the Opposition in the 18th Lok Sabha, ending the 10-year spell of no LoP in the Lower House since 2014. «In the 18th Lok Sabha, the House of the People shall truly reflect the aspirations of the last person standing, with Rahul Gandhi becoming their voice,» Kharge posted on X.
25.06 / 22:23
Metro country reports prevention International Did Iran smuggle aircrafts out of Lithuania? Why is this a cause for concern?
aircrafts which had taken off from an airport in Lithuania disappeared and were smuggled into Iran. These two aircrafts were flying to Sri Lanka and Philippines. This is not the first time that Iran has smuggled aircrafts into the country. It has been reported by Metro that the two aircrafts changed their path and disappeared after entering the Iranian airspace. Further, authorities in Lithuania prevented a third aircraft from taking off. Iran has been sanctioned by many of the western countries including the US. This incident is alleged to have taken place in February.
25.06 / 21:37
Progressive CEO Election Experts show country Despite Toronto-St. Paul’s loss, Freeland says Trudeau should stay as leader
Deputy Prime Minister Chrystia Freeland says she still has faith in Prime Minister Justin Trudeau’s leadership, after the party lost what was once considered one of the safest Liberal seats in the country.
25.06 / 20:07
Research pandemic trends CIBC show country reports Family fund: $115K is the average gift for 1st-time homebuyers, CIBC says
More Canadians are getting help from family to buy their first home — and they’re getting substantially more money to do it than a few years ago, according to new research published by CIBC.
25.06 / 19:21
markets COST Aviat Airlines country testing recommendations Revision of GST rules to make India's MRO industry competitive
revision of goods and services tax (GST) rules is likely to bring relief for India’s aircraft maintenance and repair industry which has for long been trying to take advantage of the booming aviation market in India. Last week, the 53rd GST council recommended a uniform 5% tax on imports of parts, components, testing equipment, tools and toolkits of aircraft, irrespective of their HSN code. HSN, or Harmonised System of Nomenclature, is an internationally acceptable numerical code used to classify products for taxation purposes.
25.06 / 19:21
Manufacturing Software WhatsApp President country blues International Budget 2024: 25% share by Indian liners could save $50 billion annually, says FIEO
Exporters sought the creation of an Indian shipping line, duty cuts on import of products like wet blue leather, extension of a key scheme for small exporters to avail pre- and post-shipment rupee export credit, and duty drawback for platinum jewellery at their pre-budget meeting with finance minister Nirmala Sitharaman on Tuesday. Highlighting the need for an Indian shipping line, the Federation of Indian Export Organisations president Ashwani Kumar said that India's outward remittance on transport services is increasing with rising exports. «We remitted over $109 billion as transport service charge in 2022. As the country moves towards the goal of $1 trillion, this will touch $200 billion by 2030. A 25% share by the Indian shipping line can save $50 billion on a year-on-year basis,» he said.
25.06 / 19:21
UPS Extreme Manufacturing Southern country As ACs start to sweat, cos plan machines the heat can't wilt
Air-conditioner manufacturers such as Voltas, Daikin and Godrej Appliances are focusing on developing and selling models that can operate at high outside temperatures, some even up to 55-56C, after this year's intense heatwave and instances of poor cooling from ACs especially in North where temperatures crossed 45C in many places. The companies are going to increase the proportion of models in their line-up which can operate above 42-44C. In the North, they plan to offer ACs that can work at 50C and above. The move comes after the average temperatures this summer have been 4-6 above normal in most places, with the eastern and southern regions too recording over 40C in many places. «The industry is looking at developing some models which can live up to the extreme summer temperatures which were recorded this year,» said Pradeep Bakshi, managing director at Voltas, the country's largest AC brand.
25.06 / 18:35
CEO Tesla Interface Death wellness country 2020 Elon Musk announces birth of 12th child, third with Neuralink executive
Elon Musk is still doing his part, in his own words, to help the underpopulation crisis.The Tesla CEO on Sunday confirmed he’s fathered his 12th child — his third with, Shivon Zilis, director of special projects at Neuralink Corp.Musk, 52, and Zilis, 38, welcomed their baby earlier this year.In a statement to Page Six, Musk confirmed the child’s birth, but denied rumours that he fathered the baby in secret.“As for ‘secretly fathered,’ that is also false,” he told the tabloid. “All our friends and family know.
25.06 / 18:19
UPS Justice country reports Courts Investigations CBI examines Arvind Kejriwal in Tihar Jail; gets permission to produce him before trial court tomorrow
Arvind Kejriwal in relation to the Excise Policy case. CBI also got permission for Arvind Kejriwal's production before the concerned trial court tomorrow. He will be produced before the court tomorrow, reported news agency ANI. Earlier during the day, the Delhi High Court stayed the trial court order granting him bail in the money laundering case arising from the alleged excise scam, holding that the lower court did not «appropriately appreciate» the material placed before it by the Enforcement Directorate. A vacation bench of Justice Sudhir Kumar Jain said the ED's contentions assailing the bail order required serious consideration.
25.06 / 18:19
COST Digital Apple Netflix film Warner Bros country Videos The Boy and the Heron Movie: All about digital, physical editions, streaming release and where to watch in US and other countries
Studio Ghibli's latest film, "The Boy and the Heron," is now available for home viewing in the US. The UK release date is pending confirmation.
25.06 / 18:19
UPS Action country information reports Investigations FATF session begins today, India review also to be taken up
Financial Action Task Force (FATF) is likely to be taken up by the inter-governmental body after the plenary session which starts from June 26 in Singapore, said officials aware of the matter. The focus will be on the number of money laundering cases registered by the Enforcement Directorate (ED). The report on India's anti-money laundering and counter-terror action will be released on June 28, they added. According to officials, the last mutual evaluation was conducted in 2009 and was delayed due to the Covid-19 pandemic. According to FATF, the international policy making body conducts mutual evaluations of its member countries by evaluating levels of implementation of the FATF recommendations. The main sources of money laundering in India result from a range of illegal activities committed within and outside the country, mainly drug trafficking, fraud, counterfeiting of Indian currency, transnational organised crime, human trafficking and corruption. The CBI and ED are among the lead agencies investigating cases of corruption and money laundering. The Prevention of Money Laundering Act, 2002 came into force in 2005 and was amended in 2009. According to ED, it has recorded 5,906 Enforcement Case Information Reports, of which 3,867 cases were registered in the past five years till March 31, 2023.
25.06 / 17:41
markets COST UPS Booking Trade country reports Canada’s enthusiasm for Basel III threatens to do more harm than good
Following the 2007-2008financial crisis, central banks from 28 countries and bank regulators devised an international regulatory accord called Basel III. Published in 2010, it promised common standards for measuring, reporting and managing financial risk across all 28 jurisdictions by imposing new, higher capital charges — the money a bank holds in reserve to cover bad loans and losses from trading stocks, bonds, derivatives and other financial products.
25.06 / 17:41
UPS economy Research pandemic trends country reports Posthaste: Canada's 'productivity emergency' called the most widespread in history outside the pandemic
When it comes to Canada’s productivity emergency, “the entire country is feeling the pain.”
25.06 / 14:33
markets COST UPS Southern country travelers International Why much of the world hasn't tasted Indian mangoes
₹50 lakh due to a freak hailstorm. This year I am hoping to recover the losses," he said, sitting on a charpai, under the shade of giant mango trees spread across the 25-acre orchard. The oppressive June heat, closing in on 50 degrees Celsius, is a little more bearable here.
25.06 / 14:17
markets Platform Crypto Payment Bitcoin country Features Strike Launches Operations in the UK, Expands Global Reach
Bitcoin payments app Strike has announced the launch of its operations in the United Kingdom.

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