Country Financial News

11.06 / 04:09

UPS Google NVIDIA country reports International Mint Explainer: Why the surging use of AI may challenge India’s power sector

Also read | Can India keep up with the ebbs and flows of power demand? Additionally, the 2022 electric power survey considered emerging demand from electric vehicles—it assumed that 30% of all vehicles sold in 2030 would be battery electric vehicles and 100% by 2042. Solar power and hydrogen mission contributions that will ease the pressure on conventional energy sources were also considered. However, the widespread use of artificial intelligence (AI), particularly generative AI, and the setting up of large data centres to support online AI interactions could lead to the overshooting of these demand forecasts.

10.06 / 23:15

President Bitcoin country voice audience Bitcoin Exchange Swan Sponsors Tucker Carlson’s Live Tour

Bitcoin financial services company Swan Bitcoin is now the lead sponsor of Tucker Carlson’s upcoming national tour, bringing Bitcoin to the audience of one of the world’s most famous journalists.

10.06 / 22:01

COST Citi Provident Experts country innovations Suez like Canal in Europe? What is new construction about and which countries will it connect to?

Suez Canal whose construction began in 1859 witnessed the overall economic development of prosperity of the region and large parts of the world. It provided an opportunity to connect Europe and Asia or the Mediterranean Sea and the Red Sea. It cut short the distance between Europe and Asia which otherwise had to follow a circular path around the Cape of Good Hope. It is in this regard that Europe is constructing its network of canals.

10.06 / 19:33

Target FIVE BLOCK economy Sustainability country inclusion Broader & lasting growth, jobs top FM Nirmala Sitharaman's to-do list

Nirmala Sitharaman, in her second term as finance minister, hit the ground running on Monday. Instead of one, she released two tax devolution instalments — totalling ₹1,39,751 crore — to 28 states, for bolstering their development and capital spending. The minister earlier reviewed the economic and fiscal situation of states with finance secretary TV Somanathan and economic affairs secretary Ajay Seth, soon after the first meeting of the newly formed Cabinet on Monday evening.

10.06 / 19:33

markets UPS FIVE Aware country reports BPCL plans to set up new refinery for Rs 50k cr

Bharat Petroleum Corporation (BPCL) plans to set up a new 12 million metric tonnes per annum (MMTPA) refinery in the country, two industry officials aware of the development told ET. The state-owned oil marketing company will invest around Rs 50,000 crore in the project for which it is currently evaluating locations in three states — Andhra Pradesh, Uttar Pradesh, and Gujarat, they said.

10.06 / 19:33

markets UPS Extreme Gap Experts country Turnaround slower, but VIP's on recovery path: Chairman Dilip Piramal

VIP Industries chairman Dilip Piramal said a plan to turn around the country's biggest luggage maker was slower in taking off, prompting independent director Nisaba Godrej to quit the board. He, however, reiterated that the company is on the path to recovery.

10.06 / 18:49

awards WhatsApp show country 2020 shock UEFA Euro 2024: This country is likely to be champions, predicts supercomputer

UEFA Euro 2024 scheduled to begin on Friday, June 14, as per predictions made by Opta Supercomputer. Apart from these two nations, Germany, Spain, Portugal, Netherlands, Italy, and Belgium are remaining favourites, according to Opta Supercomputer.

10.06 / 17:51

Manufacturing security wellness President country donates Investigations Maldives parliamentary committee decides to probe agreements with India despite Muizzu visit

Maldives Parliamentary Committee has passed a resolution to investigate the previous government's four agreements with India while Maldives President Mohamed Muizzu was here to attend the swearing in ceremony of Modi 3.0.

10.06 / 17:51

UPS economy Sustainability ICE wellness country Sitharaman's budget next month to lay out economic roadmap of Modi 3.0

Narendra Modi preferring continuity in policy, Finance Minister Nirmala Sitharaman is likely to lay out the government's economic agenda when she presents the first annual budget of Modi 3.0 next month. Her task is cut out as she will have to look at measures to boost growth without hurting inflation as well as look for resources to meet the coalition government's compulsion.

10.06 / 16:47

Provident Enterprise country innovations Modi 3.0 Cabinet: Ex-chief ministers ML Khattar, Shivraj Chouhan among 4 appointed as Union Ministers. Details here

Modi 3.0 Cabinet LIVE updatesIn the Modi 3.0 Cabinet, two former Chief Ministers and BJP leaders, and former CMs from HAM and JD(S) were handed portfolios in the cabinet. The four Chief Ministers include – Shivraj Singh Chouhan, ML Khattar, Jitam Ram Manjhi, HD Kumaraswamy.

10.06 / 15:49

Career pandemic performer country Olympics Sporting Mansukh Mandaviya appointed new sports minister

Mansukh Mandaviya, who served as the union health minister at the height of the COVID-19 pandemic in 2021, was on Monday appointed as India's new sports minister, replacing Anurag Thakur in Prime Minister Narendra Modi's cabinet. The 52-year-old Mandaviya won the Porbandar Lok Sabha seat in Gujarat by defeating his nearest Congress rival Lalit Vasoya by a margin of 3.83 lakh votes.

10.06 / 15:42

Cooper Fighting President country 2020 peace Central African Republic government suspends Chinese mining company for alleged ties to armed groups

The government of the Central African Republic has suspended a Chinese mining company's operations in the country over alleged ties to armed militias

10.06 / 15:42

markets Election President poverty country International Mexico's outgoing president vows to pursue changes to Constitution despite market nervousness

Mexico’s outgoing president has pledged to press ahead with judicial reforms despite nervousness among investors, and suggestions from his own handpicked successor that he should wait

10.06 / 15:40

COST UPS economy pandemic country hospital 2020 Euro 2024 in Germany is UEFA's 1st step to raise pandemic-hit cash reserves above $550 million

UEFA has a two-step financial mission to refill its pandemic-hit cash reserves

10.06 / 15:40

COST Target economy Sustainability country strain Diesel prices jump 56% as Malaysia revamps decades-old fuel subsidies

Diesel price in Malaysia have jumped by more than 50%, as part of a revamp of decades-old fuel subsidies to tighten government spending and save billions of ringgit annually

10.06 / 15:39

UPS economy Fitch country shock Fitch raises Cyprus' credit rating by a notch to BBB+ thanks to resilient economy, fiscal discipline

The Fitch agency says it has raised Cyprus’ credit rating by a notch to BBB+

10.06 / 15:39

Platform President War country social International Colombia will suspend coal exports to Israel over war in Gaza

Colombian President Gustavo Petro says his country will suspend coal exports to Israel over the war in Gaza

10.06 / 15:33

markets UPS FIVE Art economy country International Domino's aims to double store count to 4,000 in India in 5-6 years

Domino's plans to double its store count to 4,000 in India in the next 5-6 years, a top company official said. Domino's, which started operations here in 1996, has launched its 2,000th store.

10.06 / 15:33

MET Cooper security President country Top leaders from Nepal, Maldives, Mauritius, Seychelles call on President Murmu

President Droupadi Murmu on Monday met top leaders from Nepal, Maldives, Mauritius, and Seychelles and discussed different development-related matters of mutual interest. During her meeting with Nepalese Prime Minister Pushpa Kamal Dahal 'Prachanda', she said Nepal is a priority partner under India's 'Neighbourhood First' policy and conveyed the country's commitment to «further strengthen our unique ties».

10.06 / 14:45

Aviat Career Merit awards President show country Chief of Air Staff to review Combined Graduation Parade at Air Force Academy in Dundigal

Combined Graduation Parade (CGP) of the 213 Officers' Course will be held on June 15 at the Air Force Academy (AFA), Dundigal, Hyderabad, the Ministry of Defence said in a release.

10.06 / 14:45

FIVE Cooper Election community wellness country social Parameshwara rues lack of BC, Dalit faces from Karnataka in NDA Cabinet

Karnataka Home Minister G Parameshwara on Monday slammed the newly-minted central government, accusing the NDA 3.0 regime of “neglecting” backward classes and Dalit communities while picking MPs from the state for the union council of ministers.

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