Country Financial News

10.06 / 12:17

markets UPS Target JPMorgan Bill Trade country Are carbon offsets about to have their day at last?

After more than three decades on Wall Street — first at Goldman Sachs Group Inc. and then at Bank of America Corp. — Tom Montag thought he’d seen most forms of financial wizardry. Then Hank Paulson asked him to tackle carbon offsets.

10.06 / 11:59

Provident Digital trends country reports travelers Destinations Southeast Asian nations top choice for Indians travelling abroad this summer: Survey

Indian travellers planning short vacations abroad, while the United States, Europe, and Australia were among the preferences for long stays, according to a survey released on Monday.

10.06 / 11:15

markets UPS FIVE Manufacturing Sony country Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Manufacturing Fund

Baroda BNP Paribas Mutual Fund has launched Baroda BNP Paribas Manufacturing Fund, an open-ended equity scheme predominantly investing in manufacturing themes.

10.06 / 11:13

markets security country rights Australian Can an Australian NRI get exemption on capital gains?

—Name withheld on request.I assume that you are a non-resident as per Indian tax law. Liquid funds typically invest in a portfolio of money market and short-term debt securities, and since investment in equity shares of domestic listed companies is less than 35% of its total portfolio, they do not meet the criteria of being an equity-oriented fund.

10.06 / 09:59

markets COST Citi economy President country International Brazil enables the black market

Foz do Iguaçu, Brazil Fifteen miles upstream from this city, built where the Iguazu River meets the larger Paraná, are the towering Iguazu Falls. The largest of the falls and the main attraction is the “Devil’s Throat," an exhilarating and terrifying site. For a real thrill tourists can view the cascade of rapids, 492 feet wide and 269 feet high, tumbling over the precipice from a catwalk in the river.

10.06 / 08:17

Provident Digital Landmark Sustainability wellness band country Modi 3.0: Industry seeks roadmap to cement India's lead in global digital arena, vows support

Industry body DIPA has pledged its support to India's digital and telecom transformation under the new government and sought a clear roadmap that would cement the country's lead in digital infrastructure. Digital Infrastructure Providers Association (DIPA) said the industry is eager to collaborate with the government and contribute its expertise to drive the country's digital transformation further.

10.06 / 08:17

Platform Election WhatsApp country social Pakistan PM Shehbaz Sharif congratulates PM Modi on third term

Pakistan Prime Minister Shehbaz Sharif on Monday congratulated Prime Minister Narendra Modi on taking oath. This was Pakistan’s first response to NDA’s victory in the Lok Sabha election.

10.06 / 08:01

COST UPS Career Experts performer country innovations Statistical reform needs key stakeholder consensus for implementation

I received an anguished email from a senior Indian Statistical Service (ISS) officer a few weeks ago. The officer believed that his entire career over the past quarter century had been a “waste" since the statistical system does not reward performance. “As the system has been kept highly opaque, it has created a false sense of expertise… such as experts in national accounts or experts in consumer expenditure surveys… creating an impression that they (the deemed experts) are indispensable," the mail said.

10.06 / 08:01

markets CEO trends performer country social innovations Rapid growth in India's ad market, China's slowing: Mindshare Asia Pacific CEO

Mint at the annual advertising conference, GoaFest, McRae noted that advertising categories such as consumer-packaged goods, automobiles, QSR brands, and banking and financial services (BFSI) have been performing well in India's advertising sector. This positive trend is expected to continue in the latter half of the year, as indicated by data from Mindshare’s India arm.

10.06 / 07:23

markets Mobile Food Research country exclusive reports Rapid rise of India’s affluent class: Over 10 crore Indians to earn over $10K per annum, says a report

Over 100 million Indians are expected to be earning more than $10,000 per annum by the year 2027 on account of an encouraging economic growth rate in the country, suggests a report.

10.06 / 05:25

COST Citi economy Trade country Gold and silver prices today on 10-06-2024: Check latest rates in your city

gold in the last one week has been -1.06%. Whereas in the last month it has been -0.25%.The cost of silver is Rs.90720.0 per kg Gold Price Today in Delhi is ₹73567.0/10 grams. Yesterday’s Gold Price on 09-06-2024 was ₹74286.0/10 grams.

10.06 / 03:11

UPS Action economy Food pandemic country Monetary policy: RBI's optimism is tinged with chronic concerns

There are many ways in which designing a monetary policy differs from drafting a Union budget. The budget is an account of money received and spent, overlaid with plans for how to structure expenditure over the next 12 months—depending on a combination of pressing political exigencies and economic imperatives—and proposals for raising money to meet this spending.

10.06 / 02:49

markets UPS Election President show country Oil slips on dollar's strength from US jobs data

Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday. Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT.

10.06 / 01:27

UPS Target Aviat Aware Sustainability country reports NTPC eyes $50 billion capex to transform into a complete energy company

₹4.17 trillion) over the next 10 years to become a true energy company from just a generator of power, according to two people aware of the company's plans. The people said that India's biggest power generation company will spend $5 billion each year over 10 years to foray into production of various clean fuels and also towards increasing its power generation capacity.

09.06 / 21:51

markets Aviat Airlines President country travelers rights India's aviation mkt growth needs to be matched with capacity; open for partnerships: Emirates CCO

aviation market's pace of growth needs to be matched with capacity, and increased competition will provide more choices for consumers, Emirates Airline Deputy President and Chief Commercial Officer Adnan Kazim has said, as he pitched for increased bilateral flying rights between Dubai and India. On whether Emirates is looking for partners in India, Kazim said it is open to any such future engagements if there is an appetite in an Indian airline for that sort of dialogue and engagement.

09.06 / 20:53

markets COST UPS Coca-Cola PepsiCo Actor country Niche no more, energy drinks emerging as the new colas

At Darshan Super Market in Santacruz east, Mumbai, the steady stream of customers for PepsiCo India’s Sting energy drink is telling. In a span of half of an hour, at least 10 people, between 18 and 35 years of age, come asking for the drink. Darshan, the owner, doesn’t disappoint. His fridge is packed with the product.

09.06 / 19:21

UPS FIVE Election country isolate rights Millions join EU vote finale as far right eyes gains

voters from Vilnius to Madrid were casting ballots Sunday on the final day of elections for the EU's parliament, with far-right parties eyeing gains at a pivotal time for the bloc.

09.06 / 18:05

Election President stage country NOT The world's now oysterer: Why a coalition govt will likely add to India’s geopolitical heft, not reduce it

Narendra Modi's success in winning a third term as prime minister has greatly enhanced his global image. The fact that he will now speak as a leader of a coalition government representing diverse political parties will add to India's geopolitical weight, not reduce it.

09.06 / 15:05

Man Highways President Celebrity country Interviews Nitin Gadkari- a go-getter and man behind India's mega push to road infrastructure

BJP leader Nitin Gadkari, popularly referred as the 'Highway Man of India', is known to be a go-getter in whatever work he undertakes. The 67-year-old leader from Nagpur in Maharashtra has been the longest serving Minister for Road Transport & Highways as he held the portfolio in the last two governments led by Narendra Modi.

09.06 / 12:35

UPS Entertainment Food film show country audience Luxury-format cinemas: Where tickets cost an arm, and popcorn, a leg

PVR Inox, India’s biggest multiplex chain, which now operates Eros. The Eros building, commissioned in 1935 by Parsi businessman Shiavax Cawasji Cambata, hasn’t lost its vintage vibe on the outside and still retains much of its Victorian Gothic and Art Deco style architecture.

09.06 / 12:33

Strategy Remark students show stage country reports ‘BJP forming govt undemocratically and illegally’: Mamata Banerjee hits out NDA

West Bengal Chief Minister Mamata Banerjee on Saturday claimed that while the opposition alliance had not yet staked a claim to form the government, it remained a possibility in the future.

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