Country Financial News

Israeli airstrikes around the Syrian city of Aleppo killed several people early on Monday, Syrian state media reported. The state-run SANA news agency gave no specific toll. It said the strikes were around the southeastern edge of Aleppo.

National Democratic Alliance (NDA) in the Lok Sabha elections, Bharatiya Kisan Union (BKU) spokesperson Rakesh Tikait took a dig at the Bharatiya Janata Party (BJP) government saying that these exit polls are not going to counter the «king» who is an «astrologer» as well as a «dictator.»

heirs. Second, how to balance the need for financial freedom with dependence on children during one’s lifetime. Third, how to provide for the care and comfort of the surviving spouse when one has passed away. The first question has been answered in an earlier column. Simplifying one’s finances is always a good policy in retirement, especially if one crosses the age of 80. There’s nothing sacrosanct about this number in this day and age, but simplification helps both the investor and his heirs. The first step is to complete any pending asset-related processes. Verify and update nominations, check and organise title deeds, consolidate multiple accounts and folios, close dormant accounts, dematerialise paper shares, and review joint holdings for proper operation. The second important step in estate planning for the elderly is making assets accessible to heirs. Many investors leave their children unaware of their assets, causing confusion after they pass away. Consolidate assets and record details, including e-mail and Internet banking access, in a notebook or spreadsheet for easy reference. With advancing age, either trust heirs with account details or ensure they can easily access them after one’s passing.

The biggest festival of democracy, the 2024 Lok Sabha Elections, are concluding today in our nation, the Mother of Democracy. After a three-day spiritual journey in Kanniyakumari, I have just boarded the plane for Delhi. Through the day, Kashi and numerous other seats have been in the midst of voting. My mind is filled with so many experiences and emotions… I feel a boundless flow of energy within myself. The 2024 Lok Sabha elections are the first in the Amrit Kaal. I began my campaign a few months ago from Meerut, the land of the First War of Independence of 1857. Since then, I have traversed across the length and breadth of our great nation. The final rally of these elections took me to Hoshiarpur in Punjab, the land of the great Gurus and a land associated with Sant Ravidas Ji. After that, I came to Kanniyakumari, at the feet of Maa Bharti.

Prime Minister Narendra Modi asserted that India's governance model of the last decade has become an example for several countries in the world as the nation managed to lift 25 crore people from poverty, saw adoption of innovative practices of good governance, and worked for the welfare of the poorest people without any discrimination.

collections with many lenders registering a drop in their collection efficiency in May by between 50 and 200 basis points. One basis point is 0.01 percentage point.

pre-wedding cruise celebration of the Ambanis is likely to generate significant buzz in queries for weddings and other celebrations aboard cruises, industry insiders said.

Mexico will likely elect its first female president — a major step in a country long marked by its macho culture. The election is also the biggest in the country’s history. More than 20,000 congressional and local positions are up for grabs, according to the National Electoral Institute.

China for all manner of things, most crucially, medical supplies. That it was also China where the coronavirus originated made for macabre irony as Beijing tried to use the people's suffering for geopolitical gains. World leaders recognised that the scale of reliance — fatal attraction, rather — was a national security threat. They devised a new lexicon to stay awake. 'De-risking', 'China plus one', 'friendshoring', 'resilient supply chains', 'trusted partners' and 'reliable geographies' became buzzwords. While progress was made to deny China the edge in semiconductors and critical minerals, focus on health security has been sporadic. Both the US and India acknowledge that pharma supply chains are too concentrated in one country and the need for diversification is urgent. But little has been done to address the issue. A partnership on health security similar to the one forged on critical and emerging technologies could be an idea. Good thing is the building blocks are already in place.

Sex Pistols' 'God Save the Queen' — not to be confused with the British national anthem before a man sat on that country's throne two years ago — is a searing, seminal counter-anthem. Released in 1977 during Elizabeth 2's silver jubilee, it's a defiant critique of a nation's establishment, infused with a sense of anger and disillusionment. From the opening power chords, the track grabs the listener's attention with its unapologetic sound. John Lydon a.k.a. Johnny Rotten's snarling vocals deliver biting lyrics that challenge the status quo and express frustrations of a generation feeling betrayed by their government.

milk across all variants has been hiked by Rs 2 per litre with effect from Monday in view of the increase in the overall cost of operation and production of milk, Gujarat Cooperative Milk Marketing Federation (GCMMF) said. With this, the price of the Amul milk pouch will go up by Rs 2 per litre in all markets across the country.

Click here to read moreThe BJP campaign slogan ‘abki baar char sau paar’ had a halo effect on the stock market. The target of 400 seats was set as a psychological extension of the NDA’s massive 2/3rd majority in 2019 (352 NDA seats).

Also Read: Mint Primer | Into the 50s: Why heatwaves are hotter & longerDelhi’s Mungeshpur automatic weather station on 29 May recorded a temperature of 52.9°C and on 31 May Nagpur recorded 56°C, both highest in the country for the respective days and the highest temperatures recorded in India ever. The IMD, however, attributed both incidents to likely sensor errors in extreme heat conditions.However, the heat is so intense that forest fire incidents have been reported in Gurugram's Aravali and in Jammu.

North Korea with "unbearable" retaliatory steps over its balloon activities and other recent provocations.Observers say South Korea will likely restart front-line loudspeaker broadcasts into North Korea that include criticism of its abysmal human rights situation, world news and K-pop songs. North Korea is extremely sensitive to such broadcasts because most of its 26 million people have no official access to foreign TV and radio programs.It wasn’t immediately unclear if South Korea would move ahead with its punitive measures following North Korea’s suspension of balloon launches.On Sunday night, Kim Kang Il, a North Korean vice defense minister, said that the North will temporarily suspend its balloon activities.

government on Sunday decided to amend laws to ban Israeli passport holders from entering the Indian Ocean archipelago, amid mounting public anger in the country over the devastating attacks by Israeli forces on Gaza. The decision was announced by Home Minister Ali Ihusan at an emergency press briefing at the President's Office, news portal Sun.mv reported.

Dallas: «Cricket? Erm, is it a team game?» asked the slightly puzzled Uber driver taking his passenger towards the Grand Prairie Cricket Stadium in Texas on Saturday.

₹5,000-crore package is being worked out through a new VGF scheme to incentivise construction of inland vessels, with plans to later extend the support for entities manufacturing sea-bound vessels including cruise ships.One of the two persons said that under SBFA, the incentives in the form of 20% capital support may be reinstated for all kinds of shipbuilding, with the period of incentives being extended by four years from present sunset period of 2026 to align it with Maritime India Vision 2030. Under the Maritime India Vision, India aims to develop world-class mega ports, transhipment hubs and infrastructure modernization of ports.The SBFA scheme may be considered for further extension by another six years till 2036, in line with new targets set under the recently formulated The Amrit Kaal Vision 2047, the person quoted above said.Also Read: What an ‘Indian Club’ means for the country's shipping industryIn addition, a new VGF scheme may be launched to encourage the construction of inland vessels and ships with plan to extend this support in addition to any other incentive programmes for manufacturing commercial blue water ships.Under SBFA, financial assistance is provided to domestic shipyards for shipbuilding contracts signed between 1 April 2016 and 31 March 2026 with the rate of financial assistance starting at 20% in 2016 and diminishing to 11% in 2026.

OPEC+ on Sunday tentatively agreed to extend all production curbs through the end of the year in an attempt to shore up oil prices, delegates said, as top producers in the group inched toward a deal to cut output into 2025. The expected agreement comes on the same day the group’s kingpin, Saudi Arabia, launched a giant sale of shares in its national oil champion that will yield billions to help fund the kingdom’s economic transformation.

(This story originally appeared in on May 31, 2024)

military officials from the U.S. and its top African allies watched intently as dust and flames shot up from pieces of the Sahara Desert hit by tank and artillery fire. They looked up as pilots flew F-16s into formation. And they listened intently as Moroccan and American personnel explained how they would set up beachheads to defend the Atlantic coastline in the event of a potential invasion. The practice scenario was among those discussed during African Lion, the United States' largest annual joint military exercise on the continent, which concluded Friday in Morocco.

Arvind Kejriwal on Sunday surrendered himself at the city's Tihar Jail after the interim bail granted to him by the Supreme Court came to an end. The Aam Aadmi Party chief was granted relief to campaign in the Lok Sabha elections for his party.