Country Financial News

France on Sunday to protest against Marine Le Pen's far-right National Rally, as polls indicated the party could win the upcoming parliamentary elections. About 200 women's rights groups and unions organised the marches in dozens of cities, including Paris, saying women's rights come under attack when countries are governed by far-right parties. In Paris, more than 10,000 women demonstrated peacefully, organisers said.

New Delhi:A Bengaluru-based Indian technology company is among at least 10 firms from several countries against whom Japan has imposed sanctions for allegedly helping Russia evade punitive economic measures.The actions against the companies including asset freeze and export bans were announced by the Japanese Foreign Ministry.The other companies belonged to China, Kazakhstan, Uzbekistan and the United Arab Emirates.The West and its allies have imposed strict punitive trade and economic sanctions against Russia over its invasion of Ukraine.Japan has introduced punitive measures under the Foreign Exchange and Foreign Trade Act, the Japanese foreign ministry said in a statement.It named the Indian company in the list of firms which will be facing sanctions from the Japanese government.Last week, Japanese Prime Minister Fumio Kishida said at the G7 summit in Italy that his government is imposing sanctions on companies and groups which are helping Russia evade economic sanctions.The G7 grouping has imposed a series of punitive sanctions against Russia including asset freeze for its invasion of Ukraine.Japan has already imposed punitive measures on a number of Russian companies.

₹10,000 he earns as an “errand boy" is just enough to keep his family going. Not surprisingly, the educated, underemployed young man is frustrated and angry. And he is not alone—a multitude of disgruntled youth across the country find themselves in a similar predicament.

Mint on condition of anonymity that the demand-driven model in question has created conflicts in terms of how government bodies pursue space missions. “No global space economy has ever been successful without the government being the primary customer for public as well as private sector firms. In India, government departments and agencies under various ministries are conflicted regarding the allocation of funds to Isro, which is creating this said demand shortage in the market.

Swiss museum on Thursday pulled down five paintings, including a van Gogh and a Monet, after the foundation that owns them called for a deeper look at their origins following new U.S. guidelines on how to handle artworks once confiscated by the Nazis. The Foundation E.G. Bührle Collection, which owns the works formerly shown at the Kunsthaus Zurich museum, said it was looking to reach a «fair and equitable solution» with the legal successors of the former owners, who were not identified. The foundation's board called for a new assessment of the works under new "Best Practices" published by the U.S. State Department in March on how to deal with Nazi-confiscated art, as an upgrade to principles adopted in 1998.

Junaid Khan, whose debut film "Maharaj" premiered on Netflix after the Gujarat High Court lifted an interim stay on the film's release The period drama, backed by Yash Raj Films (YRF), is based on an 1862 libel case involving a Vaishnavite religious leader and social reformer Karsandas Mulji. «I cannot explain in words what I'm feeling right now. 'Maharaj' has been a long and wild journey for me, but all's well that ends well I guess,» the debutant actor said in a statement issued on Saturday. The Gujarat High Court on Friday observed that «Maharaj» did not target the Vaishnav Pushtimarg sect as alleged by its members, who had filed a petition against the release of the film, claiming that it hurts religious sentiments. The film has nothing objectionable or derogatory, the court said after watching it, and allowed its release on streaming platform Netflix.

Arvind Kejriwal's bail, Aam Aadmi Party (AAP) supremo filed a petition in the Supreme Court of India against the same, the party said on Sunday. The Delhi CM's lawyers have appealed for a hearing on Monday morning, they added. The Directorate of Enforcement (ED) on Friday had moved Delhi High Court against a trial court's Thursday order of granting bail to Kejriwal in the alleged excise policy case.

BJP of ruining the future of the youth, Samajwadi Party chief Akhilesh Yadav on Sunday said the country's examination system has been completely ruined and handed over to the copying mafia. The former Uttar Pradesh chief minister said the government does not have the ability to conduct even a single examination transparently. «The BJP government has ruined the future of the youth. The education and examination system has been completely ruined and handed over to the copying mafia,» he said in a statement issued by the Samajwadi Party. Yadav said the government is steeped in corruption.

India needs to take critical actions to transform its electronic sector ecosystem from an 'import dependent assembly led manufacturing' to 'component level value-added manufacturing', highlights a report by Confederation of Indian Industry. As per the Report, in 2023, the demand for components and sub-assemblies stood at USD 45.5 billion to support USD 102 billion worth of electronics production. This demand is expected to scale to USD 240 billion to support the USD 500 billion worth electronics production by 2030. The priority components and sub-assemblies including PCBAs (Printed Circuit Board Assembly), are projected to grow at a robust CAGR (Compounded Annual Growth Rate) of 30 per cent, reaching USD 139 billion by 2030.

Bureau of Indian Standards (BIS) introduced two new guidelines aimed at enhancing the safety of electric vehicles in the L, M, and N categories. L refers to two-wheelers, while the M and N categories correspond to four-wheelers and goods trucks, respectively. These new sets of rules, called IS 18590: 2024 and IS 18606: 2024, focus on the main parts of electric cars, buses, and trucks, especially the powertrain (which includes parts like the motor and transmission).

trade agreement (FTA) moving forward between India and Korea, the department of commerce is engaging with different ministries, including heavy industries, steel, and chemicals, to prepare the offer list, an official said. Preparation of the list is part of the negotiations, which are underway, for the upgrade of the existing FTA between the two countries, dubbed as comprehensive economic partnership agreement (CEPA). The agreement was operationalised in January 2010. So far, 10 rounds of talks have been concluded. The official said both sides have exchanged the request list and «are working on the offer list» and for that the commerce ministry is holding discussions with different ministries, including steel, heavy industries, textiles, chemicals and petrochemicals.

EVMs, Communist Party of India (Marxist-Leninist) Liberation general secretary Dipankar Bhattacharya said the country may probably have to go back to ballots. In an interview with PTI editors at the agency's headquarters, the CPI (ML) Liberation leader also raised concerns over alleged "saffronisation" of education and stock market "scam" driven by exit polls. Highlighting his concerns around the conduct of the 2024 general elections and the Electronic Voting Machines (EVMs), Bhattacharya said the opposition had sought 100 per cent VVPAT counting in the elections, but it was turned down by the Supreme Court. The Voter Verifiable Paper Audit Trail (VVPAT) is an independent vote verification system which permits an elector to see whether his vote was cast correctly.

Allied Blenders and Distillers will open for subscription on June 25. The issue closes on June 27. Through the public offer, the company plans to raise around Rs 1,500 crore. Here are 10 things to know about Allied Blenders and Distillers IPO IPO before subscribing to the issue.

Amit Shah on Sunday chaired a high-level meeting in the national capital to review overall preparedness for flood management in the country. Union Minister of Jai Shakti, C R Patil, Minister of State for Home Affairs, Nityanand Rai, Secretaries of Ministries/ Departments of Home Affairs; Water Resources, River Development & River Rejuvenation; Earth Sciences; Environment, Forests & Climate Change; Road Transport & Highways; Chairman, Railway Board; Member & Secretary (I/c) NDMA; Director Generals of NDRF and IMD; Chairman(s) of CWC, NHAI and other senior officers of Ministries concerned attended the meeting. The meeting was held at the Ministry of Home Affairs in North Block.

NEET-UG, alleging that it has handed over the entire education system to the «mafia» and the «corrupt». Her reaction came a day after the Union education ministry set up a panel to review the functioning of the National Testing Agency (NTA) — the body responsible for conducting the tests — and recommend exam reforms. The Centre on Saturday also shunted out the agency's Director General Subodh Singh and handed over the probe into the irregularities in medical entrance exam NEET-UG to the Central Bureau of Investigation (CBI). In a post on X, Priyanka Gandhi said the NEET-UG question paper was «leaked» while the NEET-PG, UGC-NET and CSIR-NET exams were «cancelled».

Lupin and a unit of Aurobindo Pharma are recalling products from the American market due to manufacturing issues, according to the US health regulator. As per the latest Enforcement Report issued by the US Food and Drug Administration (USFDA), a US-based unit of Lupin is recalling a medication used to treat bacterial infections. Baltimore-based Lupin Pharmaceuticals Inc is recalling 3,552 bottles of Cefixime for Oral Suspension (USP 200 mg/5 mL) due to «failed content uniformity specifications». The affected lot has been produced at the company's Mandideep-based manufacturing plant in Madhya Pradesh.

The price change in 24 carat gold in the last one week has been -0.31% .whereas in the last month it has been -0.28%.The cost of silver is Rs.90850.0 per kg The gold December 2024 MCX futures were trading at Rs.72410.0 per 10 gm down by 0.795% at the time of publishing.The silver July 2024 MCX futures were trading at Rs.89140.0 per kg up by 0.001% at the time of publishing.Fluctuations in Gold and Silver prices are impacted by a range of elements, among them the input from respected jewelers. Elements such as the worldwide desire for gold, variations in currency values between countries, current interest rates, and government rules regarding the gold trade all play a role in these changes.

anti-government protests in several parts of Israel on Saturday night, calling for new elections and the return of hostages held in Gaza, The Times of Israel reported. On Tel Aviv's Kaplan Street, David Grossman, one of Israel's best-known authors, urged the people of Israel to fill the streets with demonstrations and fight for their country in a poem he read to protesters.

Anantnag District Administration is making comprehensive preparations for the pilgrims ahead of the Amarnath Yatra beginning on June 29. Earlier on Saturday, Lieutenant Governor Manoj Sinha virtually attended the 'Pratham Puja' of Amarnath at Raj Bhawan in Srinagar, marking the start of the annual Amarnath Yatra. Through video conferencing, he expressed his dedication and support for the sacred journey, emphasising the importance of faith and unity.

waive interest and penalties on past tax demands, reduced the pre-deposit amount for filing appeals, fixed monetary limits for appeals against assessees at various legal forums and set a sunset date for anti-profiteering cases in a range of decisions aimed at easing doing business in the country. “Our intent is to make GST assessees’ life easier, simpler and less cumbersome… We are working towards less and less compliance,” Union finance minister Nirmala Sitharaman, chairperson of the body, told reporters after the council’s 53rd meeting that was held in the capital. The council will take up pending reform measures when it meets next, likely by August end. Saturday’s measures by the council at its first meeting after the formation of the new government at the Centre could bring relief to multiple sectors, including shipping, airlines, insurance and nonbanking financial companies (NBFCs) facing large tax demands, said experts.