Country Financial News

14.06 / 18:49
Election WhatsApp Trade country reports Department India-UK FTA talks: Pending issues to be resolved after UK polls
India-UK bilateral trade pact such as the one about minimum import price (MIP) for Scotch whisky and those related to finalisation of a bilateral investment treaty will be discussed after the general elections in Britain, a top official said. The issues that need to be ironed out include duties in sectors like electric vehicles, alcoholic beverages and services. General elections in the UK will be held on July 4. «The outstanding issues to seal the deal will be resolved once the general elections in the UK are over,» said L Satya Srinivas, additional secretary, department of commerce.
14.06 / 18:49
UPS Williams Barcelona Bayer country 2020 Euro 2024: Familiar foes Spain and Croatia clash again in group opener
European Championship title begins against Croatia in Berlin's Olympiastadion — where the final will be played next month. The other teams in the group are defending champion Italy and Albania. Kickoff is at 6 p.m. local (1600 GMT) on Saturday. Here's what to know about the match: Match facts — Spain and Croatia are meeting for the fourth successive time at the European Championship. Spain knocked out Croatia after a 5-3 extra-time win in the round of 16 at Euro 2020. Spain also defeated Croatia on penalties to win the UEFA Nations League last year.
14.06 / 17:15
UPS Manufacturing wellness President country voice FADA plans to take up issue of high inventory with SIAM
Automobile retailers' apex body FADA on Friday voiced its concern on the high inventory level and said it is planning to take up the matter with the Society of Indian Automobile Manufacturers (SIAM). At the third edition of the Finance and Insurance Summit 2024 here, Federation of Automobile Dealers' Association (FADA) President Manish Singhania also demanded continuity in the FAME-3 policy and in infra push. Singhania said in 2018-19 was a very bad year for the automobile dealers in the country when 280-odd dealerships had gone out of business, and FADA does not want that to happen again. «We are cautious about the inventory levels because anything above 30 days starts hitting the dealerships. We follow a cycle where the dealer takes funds from banks, which are paid back with interest in 60 days.
14.06 / 17:03
Manufacturing CEO Parke track country testing Investigations Weak replacement parts caused fatal roller coaster derailment: Swedish officials
Swedish accident investigators say the country’s oldest amusement park did not properly test new parts for a roller coaster that derailed last year
14.06 / 17:03
Provident security Bill country social information rights Vermont governor vetoes data privacy bill, saying state would be most hostile to businesses
Vermont’s governor has vetoed a broad data privacy bill that would have been one of the strongest in the country to crack down on companies’ use of online personal data
14.06 / 17:03
COST Election pandemic show country Greece's prime minister tweaks his government to focus on cost of living and labor
Greek Prime Minister Kyriakos Mitsotakis is tweaking his Cabinet with a focus on cost-of-living and labor policies after his center-right party’s victory in last week’s European parliamentary elections
14.06 / 17:03
UPS Waters community Universities Justice country cover Converting cow manure to fuel is growing climate solution, but critics say communities put at risk
California has become a leader in curbing methane emissions from dairy farms, a major source of the greenhouse gas
14.06 / 17:03
security Bill War track country guidelines Canada's defense investment plans put it on track to meet NATO guideline, minister says
Canadian Defense Minister Bill Blair says his country looks on track to meet NATO’s military spending guideline by 2030
14.06 / 17:03
COST UPS economy President poverty country Nigeria bets on a new $2.25B World Bank loan to support reforms that have resulted in hardship
The World Bank has approved a $2.25 billion loan for Nigeria to shore up revenue and back economic reforms that have contributed to the worst cost-of-living crisis in many years for Africa’s most populous country
14.06 / 16:59
Airlines wellness War country travelers Traffic International Air travel: International footfalls from India are not growing as fast as domestic— here is why
Also Read: Airfares have soared, but summer travellers don't careHow did the traffic not grow? The growth has been on the edge for a while until countries enticed Indians with visa-free travel or visa on arrival, which has been the case with Thailand and Malaysia. While travel to South East Asia has been on the rise, largely led by increased connectivity, travel to Europe and North America is yet to see its heydays.Europe has seen an ongoing war since 2022, along with the delay in issuing Schengen visas.
14.06 / 15:53
MET Remark President country peace Putin lays out conditions for ceasefire, includes Ukraine dropping NATO bid
Russian President Vladimir Putin promised Friday to “immediately” order a cease-fire in Ukraine and begin negotiations if Kyiv started withdrawing troops from the four regions annexed by Moscow and renounced plans to join NATO.
14.06 / 15:49
President shooting Justice country Department Courts rights US Supreme Court rejects federal ban on gun 'bump stocks'
U.S. Supreme Court on Friday declared unlawful a federal ban on «bump stock» devices that enable semiautomatic weapons to fire rapidly like machine guns, rejecting yet another firearms restriction — this time one enacted under Republican former President Donald Trump. The justices, in a 6-3 ruling authored by conservative Justice Clarence Thomas, upheld a lower court's decision siding with Michael Cargill, a gun shop owner and gun rights advocate from Austin, Texas, who challenged the ban by claiming that a U.S. agency improperly interpreted a federal law banning machine guns as extending to bump stocks. The conservative justices were in the majority, with the liberal justices dissenting.
14.06 / 15:29
Cooper Research country information reports International Putin ratifies plan to jointly build lunar base with China
Putin has approved a plan to jointly build the International Lunar Research Station with China, an ambitious space project which was announced previously by the two close neighbours. The document connected with the International Lunar Research Station (ILRS) was published on a Russian official legal information portal on Wednesday, Russia's state-run Sputnik news agency reported. The ILRS will consist of sections on the lunar surface, sections in lunar orbit and sections on Earth, and it will be built in two phases, Wu Weiren, chief designer of China's lunar exploration programme said in April this year. According to Wu, the first phase of the ILRS construction project will see a basic station built by 2035 in the lunar south pole region. The second phase will see the expansion of the station, set for completion by 2045, the official Xinhua news agency quoted Wu as saying.
14.06 / 14:07
security Southern President War country reports rights Pope Francis becomes the first pontiff to address the Group of Seven nations, talking about AI
Pope Francis became the first pontiff to address the Group of Seven nations on Friday, raising the promise and perils of artificial intelligence to the leaders of the world's leading industrialized nations. Francis addressed the G7 and other invited countries at their annual summit in southern Italy. When he arrived, the room, which had been boisterous with delegations, went quiet as he greeted each of the G7 members and the expanded guest list.
14.06 / 13:49
markets Tesla Trade country Elon Musk's $56 bn pay: If Tesla chief was an Indian firm, he’d have been bigger than Tata Motors, SBI & TCS in revenue
Elon Musk’s historic $56 billion pay package. If the tech billionaire was an Indian company, he would have been ranked the fifth largest on the list of major corporations in India by revenue. On Thursday, the electric vehicle manufacturer’s board approved Musk’s $56 billion pay package, supporting his leadership and incentivising his focus on the auto giant.
14.06 / 13:49
markets Target Digital Mobile Trade country International Multibagger Stock: Tata Communications rallied over 100% in 2 years; is there more upside ahead?
Tata Communications, a Tata Group stock, have delivered substantial returns to their shareholders over the years, demonstrating resilience in the face of market volatility. The stock, which was trading at ₹914 apiece two years ago, has jumped 104% to trade at the current level of ₹1,868.
14.06 / 11:17
COST Target Remark country Features parachuting Army unleashes 'silent killer' indigenous Nagastra-1 suicide drones along Pakistan, China borders: Key features revealed
Solar Industries, based in Nagpur, has delivered the first batch of indigenously developed Nagastra-1 Loitering Munitions to the Indian Army, marking a significant milestone in India's defense preparedness and self-reliance in military technology.
14.06 / 08:43
markets UPS Target FIVE PTC country Defence stocks PTC Industries, BEL, HAL and 9 others gain up to 20% on policy continuity optimism
₹50,000 crore over the next five years, reaffirming an earlier milestone set by the government.Also Read: Indian stock market ready for a dream run, target Nifty 50 at 25,816: PLFollowing this development, shares of PTC Industries jumped 20% to touch a new record high of ₹14,930 apiece, while Paras Defence and Space Technologies also jumped 18% to hit a new peak of ₹1,141, while BEML shares gained 13% to reach ₹4,516.95 apiece. Other defence stocks such as Bharat Electronics, MTAR Technologies, Bharat Dynamics, ideaForge Technology, Zen Technologies, and Astra Microwave Products all gained between 3% and 8%.Shipbuilding stocks also saw an uptick, with Mazagon Dock Shipbuilders rising 6% in intraday trade, while Cochin Shipyard and Garden Reach Shipbuilders & Engineers jumped 4% and 7%, respectively.Also Read: HAL shares surge 7%, gain 167% in one year; what's driving the rally?"PM Modi has given me the responsibility of the Defence Ministry again.
14.06 / 07:41
security President War country peace International A peace summit for Ukraine opens in Switzerland, but Russia won't be taking part
Switzerland will host scores of world leaders this weekend to try to map out first steps toward peace in Ukraine
14.06 / 07:41
security Southern President War country reports rights G7 leaders tackle the issue of migration on the second day of their summit in Italy
Leaders of the Group of Seven leading industrialized nations are turning their attention to migration on the second day of their summit
14.06 / 06:17
UPS Target CEO Opinion show country Super-rich may quit UK over Labour plans for inheritance taxes on trusts
Keir Starmer's Labour Party, which leads in the opinion polls and which published its manifesto on Thursday, is targeting Britain's wealthiest people to support a public spending programme focused on schools, welfare, energy reform and the National Health Service.

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