Country Financial News

24.05 / 13:47
security economy Trade track country Investigations International How global trade is undergoing combative transformation
The world’s three dominant economies are entering a combative phase that threatens to deepen fractures and challenges decades of free-market orthodoxy as the US uses trade weapons borrowed from China’s playbook, leaving Europe with big decisions to make.
24.05 / 13:33
UPS Target Election stage country Arvind Kejriwal claims ‘PM Modi discusses AAP frequently’, says party has now become a thought
The Indian Express, published on May 24, when he was asked what makes him thing that the BJP is targeting AAP and, specifically him.Also Read: Arvind Kejriwal breaks silence on Swati Maliwal assault case: 'Two versions of event'Kejriwal claimed that the party is being targeted because of the phenomenal rise."Many people who meet the PM, some of them are our friends too, they tell us that the PM discusses AAP frequently. And he says that in the future, AAP will challenge them nationally and in many states," the AAP leader said.Kejriwal also claimed that they (BJP) wants to crush AAP before it grows.
24.05 / 13:33
Citi poverty country reggae stars Features What to watch this week: ‘Jaggi’, ‘Atlas’ and more
San Andreas) and co-starring Sterling K Brown, Mark Strong and Simu Liu. (Netflix)Sooraj is a photographer who takes portraits of the dead on the banks of the Ganga in Varanasi.
24.05 / 11:37
Citi Progressive Fighting Election Healthcare country Voters in Prayagraj raise local issues like cleanliness and healthcare, activists see Lok Sabha polls as fight to save constitution
Uttar Pradesh's Prayagraj Lok Sabha constituency is expected to witness an interesting electoral battle with some sections of voters here raising local issues such as cleanliness and healthcare facilities, while many seeing the poll as a fight to save the Constitution and the unique «Ilaahabadi» culture. From the confluence of Ganga, Yamuna and the invisible Saraswati, to the Allahabad University and the high court, Prayagraj has been a revered seat of education, spirituality and syncretic culture in Indian history. One of the largest and most populous districts of Uttar Pradesh, it also takes pride in giving India seven prime ministers. «The city has produced so many politicians, civil servants. It has three Bharat Ratna awardees within a radius of one km and has given seven prime ministers to the country. This city is a heritage. The Kumbh mela has been celebrated from ancient times, then it became a Mughal garrison town, then the British Empire came in,» Zafar Bakht, a cultural activist, told PTI. «Allahabad has always shown resistance. The people here have a 'hekdi' (arrogance) and don't cow down to anyone. It's intellectually a very vibrant city and if some mistake has been committed in the past, this city will rectify it, be assured of that,» said Bakht, who identified unemployment and youth distress as major issues here this election.
24.05 / 11:37
markets COST Digital Food country innovations rights Need of the Hour: Impactful Innovations that Can Aid Small and Marginal Farmers
However, as the world hurtles towards a future defined by innovation and efficiency, India's agricultural sector stands at a critical juncture. Today, the convergence of digital advancements, precision farming techniques, and innovative agritech solutions holds the promise of revolutionising the way we cultivate the land, unleashing untapped potential and propelling Indian agriculture into the digital world. These accomplishments in Indian agriculture are due to enablers like farm mechanisation, disruption in food productivity and increased irrigation coverage. Let us look at some statistics- approximately 394.6 million acres of land in our country is under farming, with an average farm size of about 2 acres.
24.05 / 11:37
COST UPS Provident Sustainability community country innovations How rooftop solar is reshaping energy consumption
India, a country full of vitality and aspirations, is experiencing a quiet but potent revolution on its rooftops. The development of solar technology is not merely changing the country’s skyline, but also reshaping its energy consumption patterns fundamentally. Solar power is starting to emerge as a sign of sustainable development and energy independence, even in the most isolated villages and busy metropolises. Rooftop Revolution A quiet transformation is taking place on the rooftops of India's vast urban areas. An increasing number of individuals, businesses, and industries are opting for solar energy to meet their energy requirements in an eco-friendly manner. Rooftop solar systems decrease the dependency on fossil fuels by managing energy production with sunlight resulting in reduced carbon emissions. Rooftop solar has gained immense popularity among residential and commercial users. As per the Ministry of New and Renewable Energy, India has achieved 5th rank globally in solar power deployment. As of 30-06-2023, solar projects of a capacity of 70.10 GW have been commissioned in the country. This capacity of 70.10 GW includes 57.22 GW from ground-mounted solar projects, 10.37 GW from rooftop solar projects, and 2.51 GW from off-grid solar projects. Government incentives like the Solar Rooftop Subsidy Scheme, laws on net energy metering*, and endless endeavours to lower the cost of solar panels with continuous technological advancements made rooftop solar more cost-effective than in the past.
24.05 / 10:19
students country CBSE Class 10 marks verification: Registration window at cbse.gov.in closes at 11.59 pm today. Here is how to apply
₹500 per subject to avail of the mark’s verification facility.Students must note that a score decrease even by one mark will affect the results. In case of a change in scores, students will have to surrender the mark sheets, and new ones will be issued.This academic year, the CBSE Class 10 examinations were conducted from February 15 to March 13, spanning over 26 countries globally.
24.05 / 09:53
markets Citi ETF Strategy Research Experts country How a Japanese makeover is driving Nippon India MF's growth, rankings
Sikka, now the executive director and chief executive officer,has been at the helm of Nippon India MF since 2009. Some of Nippon India's MF schemes are very popular among investors. These include its small-cap mutual fund, which is ranked first in terms of assets under management (AUM).
24.05 / 08:55
markets UPS shooting Xiaomi country Features Videos Poco Pad confirmed to launch in India: Expected specs, price and everything we know so far
₹29,999. While Poco only launched the F6 smartphone in India, the Xiaomi sub-brand also launched the Poco F6 Pro and Poco tablet in the global market. However, during the India launch of Poco F6, the company while not naming the latest device, did tease that it will soon launch Poco tablet along with the Poco TWS earphones in the country.
24.05 / 08:55
country social information reports Videos Investigations Destinations Helicopter carrying pilgrims makes emergency landing in Kedarnath | Watch video
Kedarnath after developing a technical snag early on Friday. An official said the chopper landed a few metres from the helipad at the Himalayan temple. He informed that all seven people, including six pilgrims and the pilot, are safe.
24.05 / 07:31
markets Digital Align wellness Cycling country play HDFC Bank unveils PIXEL Play: All you need to know about India’s first virtual credit card
Also Read: How can using a credit card for emergencies affect your financial health?Since the card is 100% digital, customers can avail it only through the app. The ‘PIXEL Play’ card is available for salaried persons between 21 years and 60 years of age with a monthly income of ₹25000.
24.05 / 07:31
Target Trade show track country reports prevention Crude oil prices on track for sharp weekly decline amid Fed's hawkish stance, surge in US stockpiles
Also Read: Emkay projects Brent oil price range at $83 to $92 per barrel in the short termTraders remain concerned that prolonged high interest rates in the US will hurt the economic outlook and demand for energy. In the previous trading session, crude oil prices dropped over 0.65% following the release of the Federal Reserve meeting minutes, which indicated a lack of confidence among policymakers regarding imminent interest rate cuts.The minutes showed that while policymakers viewed current policy as "well positioned," some expressed readiness to tighten policy in the event of inflation spikes.
24.05 / 07:31
Citi FIVE Healthcare pandemic country hospital Hospital chains plan ₹14,600-crore expansion with covid in rear-view mirror
₹14,600 crore to add about 17,800 beds nationwide over the next few years to meet the rising demand for healthcare, driven primarily by higher insurance penetration since the pandemic, Mint has learned. This marks their first meaningful expansion since covid, which slowed or halted their growth for four years. Manipal Hospitals, Aster DM Healthcare, Apollo Hospitals and Max Healthcare are among the healthcare majors working to add more beds in the coming years.
24.05 / 06:41
markets UPS economy Election wellness country Schools How will markets react on election result day? Dinshaw Irani answers
«We believe that given that the budget is going to be in July, there is still a lot of steam left. Even after the election results are out, I think the run-up to the budget should be good,» says Dinshaw Irani, CEO, Helios MF. There are two factors at play, one the short-term, which is from here to the election, which is 4th of June and then what happens to the market after that. In last three-four days, we have seen a sizable comeback in the markets, defence, railways, logistics, infrastructure, anything which has got to do with policy, that sector has seen a sizable rally. Do you think markets and some of these policy stocks are now priced to perfection and they are pricing in a near-perfect election scenario? The fact is that we never took that into cognisance in the first place. What we were clear about was that we just need the government to continue. It did not matter whether they came in with a 300-plus or a 400-plus kind of majority, all we needed was them to continue and the continuity is what we were looking forward to and I think more or less that is a given.
24.05 / 06:25
Art economy country voice recommendations Courts Relationships Diplomatically, India is in a 'very sweet spot': Ex-South Korean Foreign Minister Dr. Kyung-wha Kang
Kyung-wha Kang, President and newly appointed CEO, Asia Society, a leading global think tank in an interview with ET's Dipanjan Roy Chaudhury described India as the fastest-growing economy with a lot more potential, and noted that India is diplomatically in a very sweet spot. All countries are courting India. And India has a greater role and greater space to have a voice in steering regional dynamics. Priority for Asia Society in India The Asia Society India Center fosters a nuanced understanding of Asia-Pacific affairs, with a focus on educational programming geared towards community-building in South Asia, and arts programming that encourages contemporary South Asian artists and engages arts enthusiasts and professionals. The Asia Society Policy Institute in Delhi, founded in 2022, conducts policy research and promotes increased awareness of India’s strategic priorities and decision-making. Building on the Asia Society India Center’s deep networks in business and arts, we’re working to foster more holistic engagement in India and South Asia.
24.05 / 05:49
Action country prevention Courts rights International Climate change and the sea: Watch out for global laws
ocean acidification, etc, that are induced by anthropogenic greenhouse gas (GHG) emissions in the atmosphere? And secondly, whether state parties have an obligation to protect and preserve the marine environment in the context of climate change impacts, including sea-level rise, ocean warming and ocean acidification?The tribunal answered both points in the affirmative by deriving its jurisdiction on the issues within the UNCLOS. The tribunal broadly relied on Article 194, which enumerates state parties' obligations to prevent, reduce and control pollution of the marine environment.
24.05 / 05:49
Cooper Trade President country travelers donates International Maldives plans RuPay launch to strengthen ties with India
Maldives matters: India’s moving to foil Chinese designsMinister of Economic Development and Trade Mohamed Saeed said, "Addressing the dollar issue and reinforcing the MVR is a top priority for the current administration".In August 2022, the then President of Maldives Ibrahim Mohamed Solih said, “The two leaders welcomed the ongoing work to operationalize the usage of Rupay Cards in Maldives and agreed to consider further measures to boost bilateral travel and tourism and economic inter-linkages".Maldives says its pilots cannot fly aircraft donated by IndiaOn Wednesday, Maldives said that both India and China have agreed to cooperate in efforts to pay for imports in their respective countries’ currency instead of the US dollar. Saeed said he met with the Indian High Commissioner Munu Mahawar two weeks ago, who in turn, said that New Delhi would support and cooperate in arranging for the settlement of import payments in Indian Rupee.'True gesture of goodwill': Maldives thanks India for extending budget supportSaeed said the move is likely to help Male save almost 50% of the annual $1.5 million import bill from the two countries.In July 2023, the Government of India declared that Maldives was among the 22 countries that were permitted by the Reserve Bank of India to open Special Rupee Vostro Accounts (SRVAs) as part of efforts to promote bilateral trade in local currencies.Over the last few years, multiple banks and payment companies from across various countries have partnered with NPCI International Payments Ltd (NIPL), the international arm of NPCI, to accept UPI and RuPay in one form or the other.
24.05 / 05:49
markets Manufacturing economy trends performer country cover India begins FY25 on a strong note as top emerging market: Mint tracker
Mint tracker, continuing its trend from the previous year. With a composite score of 84, out of a maximum possible score of 100, India topped the EM league table in April with a persistently strong purchasing managers’ index (PMI) in the manufacturing sector, where it has had the best reading in the rankings for 12 months in a row—and in all but three months since November 2021. All currencies in the list saw a decline against the US dollar in April.
24.05 / 04:23
UPS Waters Fighting Election country gatherings NOT INDIA bloc's Ujjwal Singh says under BJP, Allahabad lost importance, local woes not addressed
Allahabad at Uttar Pradesh's border with Madhya Pradesh. Scores of villagers, including women and children, have gathered outside Khoota village under a tent. Soon, a convoy of SUVs arrives with workers of the Samajwadi Party and the Congress led by INDIA bloc candidate Ujjwal Raman Singh. Singh alights from his Toyota Fortuner and exchanges pleasantries with villagers and local party workers before taking the microphone to address the crowd. «What do the farmers want? Electricity, tubewell, and lift canal so that they get water for their crops. The BJP keeps boasting of its double-engine government and does nothing on the ground,» Singh said, adding that the local MP, the state's CM and the country's PM are all from the BJP yet the party has failed to ensure the welfare of the people of the constituency. «Bhartiya Janata Party ke logan ki neeti aur niyat saaf naahi ba (The BJP people do not have a clear policy and intention),» Singh said in the local 'Ilahabadi' dialect.
24.05 / 04:23
markets UPS Manufacturing Election wellness country Schools Why Mark Mobius will be looking at largecaps going forward
Mark Mobius, Chairman, Mobius Emerging Opportunities Fund, says in India, he is going to be looking at largecaps going forward because some of these largecaps have lagged behind the smallcaps. Incredible growth has been seen in the mid and smallcaps and now it is time for some of these largecaps to catch up. The whole infrastructure sector is particularly interesting and in the power sector, hydro power should not be forgotten. NHPC could be making a very interesting entry into hydropower area. One of the most interesting aspects of these companies is that they are not only exposed to growth in India, but also growth globally. What do you do about the valuations in the public sector entities because they have seen a massive re-rating in the last 12 months and in all certainty it seems like the current government is going to come back to power? Do you expect this momentum rally to continue or do you think the bulk of the rally and the value has already been tapped into? Mark Mobius: There is no question that there will be a correction.
24.05 / 04:23
economy Trade War track country Investigations International A new trade war offers no easy way back for old global order
Then-President Donald Trump fired the first shots with tariffs on China seven years ago, and then Joe Biden ushered America into the new industrial policy age. Stage three, punctuated by Biden’s latest round of duties on Chinese imports, builds on the first two: using tariffs to defend US interests, with subsidies now at the core of policy and without fear of retaliation. The $31 trillion arena of international commerce has withstood a series of shocks in recent years, including the US-China trade war. This time, the linchpin is the European Union — caught between preserving its self-styled role as defender of multilateral rules and fearing the loss of millions of jobs and tens of billions in investment while the US and China wield market-distorting subsidies and tariffs.

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