Country Financial News
23.05 / 07:17
UPS
Provident
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Mobile
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MG Motor India signs pact with Vertelo to deliver 3,000 EVs
MG Motor India on Thursday said it has signed an initial pact to deliver 3,000 EVs to integrated fleet electrification platform Vertelo in a phased manner. Both the entities have signed a memorandum of understanding to this effect. The partnership will focus on providing sustainable mobility solutions to riders and will also work towards establishing a robust EV charging infrastructure in the country, MG Motor India said in a statement.
23.05 / 07:17
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Bangladesh MP's friend paid Rs 5 crore to murder him: West Bengal CID
murder" of Bangladesh MP Anwarul Azim Anar revealed that one of his friends had paid around Rs 5 crore to kill the neighbouring country's parliamentarian, a senior police officer said here on Thursday. Anar, who went missing in Kolkata since May 13, was found murdered and three people have been arrested, Bangladesh Home Minister Asaduzzaman Khan had said on Wednesday. The West Bengal Police had said investigation of the case has been taken up by the state CID. «It was a well-planned murder. A huge amount of money, around Rs 5 crore was paid by an old friend of the MP to kill him,» the officer told PTI.
23.05 / 06:39
UPS
Provident
security
Parke
Discover
country
How to transfer or withdraw private pension plans from the UK, US
Mint takes a closer look at the rules in the UK and the US. One cannot access pension funds before the retirement age. It has to be either transferred to Qualified Recognised Overseas Pension Scheme (QROPS) in India or one can continue holding it till retirement in the UK.
23.05 / 06:39
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Reuters
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UK General Elections 2024: Why has Prime Minister Rishi Sunak called for July 4 polls — explained
UK General Elections 2024: United Kingdom's Prime Minister Rishi Sunak called a snap general election on July 4. In a statement from Downing Street on May 22, Sunak said he spoke to King Charles earlier that day to request the dissolution of Parliament for a general election.
23.05 / 06:15
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Prajwal Revanna sexual assault case: MEA processing Karnataka govt's request to cancel diplomatic passport
Siddaramaiah writes to PM Modi to cancel Hassan MP's diplomatic passportA Special Court for Elected Representatives issued an arrest warrant on Saturday against Prajwal following an application moved by the SIT.Concurrently, Karnataka Chief Minister Siddaramaiah has also written to Prime Minister Narendra Modi, requesting him to cancel Hassan MP Revanna's passport.The Karnataka CXM said that it is shameful that Revanna fled the country on April 27, 2024, to Germany using his diplomatic passport shortly after news of his heinous actions emerged and just a few hours before the first FIR was filed against him.Prajwal Revanna case: No objection to action against grandson, says Deve Gowda"I write to you once again to draw attention to the grave series of incidents that Prajwal Revanna has been accused of committing. These incidents have not only shocked the conscience of the people of the State of Karnataka but have also caused a nationwide concern," he said.Prajwal Revanna and his father HD Revanna are facing a probe by an SIT constituted by the Karnataka government over allegations of sexual harassment and criminal intimidation following a complaint by a woman who worked in their household.HD Revanna leaves jail today on conditional bail | WatchRecently Bengaluru court granted interim bail to HD Revanna after he secured a conditional bail in the kidnapping case linked to the 'obscene video' case.The main plea bail will be heard on Friday at 3 pm.Prjawal is the grandson of former India's Prime Minister HD Deve Gowda.Prajwal, who contested as the NDA candidate in the polls from Hassan, reportedly left the country on April 27, a day after the polls.
23.05 / 06:15
economy
Election
country
Interviews
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US envoy Eric Garcetti calls India's Lok Sabha Elections 2024 ‘very inspiring’: ‘Extraordinary to see…’
Also Read: Lok Sabha Election 2024: Complete list of 58 seats voting in Phase 6 on May 25As a first-time observer of Lok Sabha elections in the country, Garcetti has called the stupendous execution of Lok Sabha elections campaigning and voting “very inspiring".“It's extraordinary to see the world's largest democracy execute the biggest election in the world and we've seen incredible, vibrant campaigning, we've seen parties, we've seen rallies, and it's something, just as a first-time observer, that is very inspiring to see. So, you know, I wish India and Indians luck," Garcetti told ANI in an interview.
23.05 / 01:51
security
Election
Celebrity
country
Features
Top Events on May 23: PM Modi in Punjab, Odisha on cyclone alert, heatwave in Delhi, and more
Top Events on May 23: Prime Minister Narendra Modi will start the Lok Sabha election campaign for the Bharatiya Janata Party (BJP) in Punjab on Thursday. Cyclone Remal forming in the Bay of Bengal is expected to impact Odisha today.
23.05 / 01:37
Provident
Trade
country
rights
Chabahar Port to reduce Afghanistan’s dependence on Karachi: Kabul
Chabahar Port close on the heels of a pact that gave India 10 years management rights over the port, Taliban has welcomed the initiative and noted that the port will provide an alternative to Pakistan's Karachi Port. The Taliban led government also is exploring a special zone in the Chabahar Port for international trade. Zabihullah Mujahid, the spokesperson for the Islamic Emirate, has said, «We are in favor of better economic relations with all countries, and the Chabahar port should be expanded. The more activity there is in Iran's Chabahar port, the more economic stability in the region is strengthened, benefiting Afghanistan, and we support it.»
23.05 / 01:37
Citi
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Mobile
country
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Wealth management firm Finvolve closes maiden funds at Rs 100 crore
Finvolve, a joint venture of India Accelerator and Finolutions, has closed its two maiden funds at a total corpus of Rs 100 crore, founder Apoorva Vora told ET. The Mumbai-based angel investment firm takes a unique approach and curates a deal flow of startups to wealth managers only, for them to be able to make returns for their clients.
23.05 / 01:37
markets
UPS
FIVE
Opinion
country
GenAI may help Indian workers save 51 million hours a week by 2026: Pearson study
Generative artificial intelligence (GenAI) has the potential to help Indian workers save 51 million hours a week by 2026, a study by learning company Pearson has said. Generative AI can boost workplace productivity by helping workers deal with their routine and repetitive tasks that often take up their day and lead to burnout, according to the latest instalment of Pearson’s Skills Outlook series, ‘Reclaim the Clock: How Generative AI Can Power People at Work’.
22.05 / 22:09
Citi
FIVE
BURST
Experts
show
country
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Wind towers crumpled after Iowa wind farm suffers rare direct hit from powerful twister
A wind farm in southwest Iowa suffered a direct hit from a powerful tornado that crumpled five of the massive power-producing towers, including one that burst into flames
22.05 / 22:09
22.05 / 20:17
BLOCK
security
WhatsApp
country
India in talks with Sri Lanka to acquire graphite mine block
New Delhi: India is in talks with Sri Lanka to acquire a graphite mine block in the island nation, pushing ahead with its plan to forge global alliances to secure critical mineral supplies, said people familiar with the development. Separately, the country has received an offer from the United Arab Emirates to partner for critical minerals, they said. «Graphite is crucial for India since it is used for making batteries.
22.05 / 20:17
markets
FIVE
Research
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reports
India only nation among top 5 to see growth in steel production
India is the only country, among the top five steel producing nations, to have seen a growth in production in April, with the others seeing production drop by as much as 7% during the month. China, which is the world's largest producer of steel, has seen its production in April fall more than 7% on year to 85.9 million tonne. Its production from January-April this year, at 343.7 million tonne, is 3% lower as compared to 2023, data from the World Steel Association showed. India, which is the world's second-largest producer of steel, saw production rise by 3.6% to 12.1 million tonne. The country has seen an 8.5% growth in production between Jan-Apr this year, having produced 49.5 million tonne of steel.
22.05 / 19:01
FIVE
Art
Extreme
Trade
country
reports
More valuable than gold: Feather of this New Zealand bird sold at record price
New Zealand bird has become a record-setter for being sold for a $20,000-plus amount. The auction house handling the sale named 'Webb's Auction House' has said that the feather from the extinct huia bird, smashed all estimates to become the world's most expensive feather to be sold, according to 'The Mirror' report.
22.05 / 18:47
Remark
Election
country
beautiful
Who will be PM if INDIA bloc wins election: Here's what AAP's Arvind Kejriwal has to say
PTI on whether he considered himself a PM face of the opposition INDIA bloc."I have no such intention. We (AAP) are a very small party… contesting only 22 seats," Kejriwal said in response.Also Read: Arvind Kejriwal breaks silence on Swati Maliwal assault case: 'Two versions of event'When asked who will become PM if INDIA bloc wins the election, Kejriwal said, “This is an election to save the democracy. We have to save the country from 'taanashai' (dictatorship).
22.05 / 18:23
Target
security
Boeing
President
Northrop
country
China sanctions US defense-related companies and executives over Russia, Taiwan
China has sanctioned 12 defense-related U.S. companies and 10 executives over arms sales to Taiwan and to retaliate for earlier American sanctions on Chinese companies tied to Russia
22.05 / 18:13
markets
Digital
Taxes
Trade
crypto tax
country
innovations
Minimizing Crypto Taxes: Top Countries With Lowest Tax Rates in 2024
The landscape of crypto taxes is varied and dynamic, with some nations emerging as particularly friendly to crypto investors and traders.
22.05 / 18:09
markets
Manufacturing
economy
Election
country
rights
'Have delivered on 2019 promise of putting corrupt behind bars, our govt leveraged technology to tackle corruption': PM Modi
Prime minister, the 2014 Lok Sabha campaign was strongly anchored in the fight against corruption. In 2019, it was the 'labharthi' model reaching every segment of society, besides the national security imperative that took centre stage. The 2024 Lok Sabha election campaign was expected to be pitched on 'vikas' and 'Viksit Bharat'. But it seems to have turned communal and polarising, your thoughts? Perhaps, you find it polarising because you have not examined the crux of the matter. What is truly communal and polarising is Congress party's manifesto, their issues and their intent. It is my duty to expose them. Just because I am exposing them, you think it is polarising. You noted it correctly that in 2014, corruption was the main issue. In 2019, it was labarthis. In 2024, the main issue is Viksit Bharat. People across the country know that this is an important election which will ensure that we reach Viksit Bharat at the speed of the country's aspirations.
22.05 / 17:50
markets
Digital
Continental
Southern
country
social
Schools
Amazon to invest 15.7 billion euros in Spain
Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. The move comes on the heels of its announcement this month of a 7.8 billions euro investment to build a cloud centre in Germany, and 1.2 billion euros in France to develop cloud infrastructure and logistical infrastructure of its parcel delivery service.
22.05 / 17:50
FIVE
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America, sort out the student visa problem
higher studies abroad than before, but the US continues to be their preferred destination. In 2022-23, the US issued over 1.4 lakh student visas in India, more than in any other country. A major jump is expected.
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