Country Financial News
22.05 / 05:05
Man
Mercury
country
Department
Updates
Heatwave Alert LIVE updates: North India on red alert, maximum temperature to soar upto 47 degrees
Heatwave Alert LIVE updates: The India Meteorological Department (IMD) issued a warning on Wednesday of an impending severe heatwave across several states in North India, including Rajasthan, Punjab, Haryana, Delhi, and Uttar Pradesh. The warning comes after a scorching May 21, when maximum temperatures soared beyond 45 degrees Celsius in these regions.The weather office stated that heatwave to severe heatwave conditions are expected in Punjab, Haryana, Delhi, Rajasthan, Uttar Pradesh, and Madhya Pradesh until May 25.
22.05 / 05:05
COST
UPS
Citi
Trade
country
Gold and silver prices today on 22-05-2024: Check latest rates in your city
gold in the last one week has been -1.1% .whereas in the last month it has been 0.18%. The cost of silver is Rs.93150.0 per kg up by Rs.6690.0 per kg. Gold Price Today in Delhi is ₹76589.0/10 grams.
22.05 / 03:05
22.05 / 03:05
markets
UPS
Sustainability
track
country
US on track to establish domestic rare earths supply chain for defence, official says
United States is on track to establish a domestic rare earths supply chain to meet its defence needs by 2027, a senior defence official said on Wednesday. The U.S has been driving the build out of a global supply chain for rare earths, metals used in magnets for green energy industries and defence, beyond dominant producer China since COVID upended global supply chains early this decade. «We are on track to meet our goal of a sustainable mine to magnet supply chain capable of supporting U.S. defence requirements by 2027,» Assistant Secretary of Defense for Industrial Base Policy Laura Taylor-Kale said at a mining conference in Perth.
22.05 / 01:17
CEO
Trade
country
Traffic
International
Adani eyes 3 global ports, prepares $3 billion cash chest
₹30,000-31,000 crore in fiscal 2025," the first person said. APSEZ’s consolidated revenue in FY24 grew 28% year-on-year to ₹26,711 crore, and net profit jumped 50% to ₹8,104 crore. Both are record highs.
21.05 / 21:39
FIVE
Fox
Platform
Entertainment
Netflix
show
country
Tires Season 2: Everything we know about Shane Gillis show’s renewal, premiere, plot, cast and crew
Shane Gillis' comedy series "Tires" has been renewed for a second season on Netflix. The renewal comes just before the show's premiere on the streaming platform. Renewal and Premiere
21.05 / 18:09
Target
Election
country
reports
'310 paar already': Amit Shah urges people to help PM Modi win over 400 Lok Sabha seats
Phase 5 Lok Sabha elections 2024. The polling for the fifth phse took place on May 20. The sixth and seventh phase of elections will take place on May 25 and June respectively.
21.05 / 15:39
UPS
Porsche
country
Courts
Videos
Investigations
Karnataka: Govt writes to MEA, seeks cancellation of diplomatic passport of Revanna jr
State Government has written to the ministry of external affairs (MEA) seeking cancellation of the diplomatic passport issued to Hassan MP Prajwal Revanna for dodging summons from the special investigation team (SIT) probing complaints of sexual abuse of women, against him. The letter follows a special court issuing an arrest warrant against him, Home Minister G Parameshwara said on Tuesday. The first-time MP is seeking reelection from Hassan as an NDA candidate, and fled the country a day after the April 26 polls.
21.05 / 14:59
WhatsApp
country
consequences
information
Suspension order on operations at Vedanta iron ore mine in Karnataka lifted
suspension order on mining operations at Vedanta's iron ore plant at Chitradurga in Karnataka has been revoked, the company said on Tuesday. Vedanta Ltd in April informed the BSE about the temporary suspension of mining operations at the iron ore mine due to non-compliance with the approved mining plan. «The Office of the Regional Controller of Mines, vide order dated May 21, 2024, has revoked the earlier order of suspension of mining operations under Rule 11(2) of the Mineral Conservation and Development Rules, 2017 in respect of our A. Narrain Iron Ore Mine,» the company said in a filing to the BSE. The suspension in mining operations was ordered by the Office of Regional Controller of Mines in Bengaluru.
21.05 / 14:35
Blockchain
Digital
Analysis
Trade
crypto tax
Crypto Investors
country
Where the Whales Are – Top 5 Countries for Crypto Investors
As the popularity of cryptocurrencies continues to grow, investors are on the lookout for the most accommodating environments to maximize their returns.
21.05 / 14:33
markets
Reuters
Apple
Tesla
Xiaomi
country
reports
While Apple backtracks, a Chinese phone maker has raced ahead
Geely Auto which was then known for making knock-offs of Western cars models. Today, Geely has a global footprint and is known for innovation just as other bigger Chinese car makers such as BYD Co. are gearing to outcompete Western companies. A new chapter in this success story is of Xiaomi Corp., once known for making cheap smartphones. It has evolved into an electric-vehicle maker and aims to compete with Tesla. Just when Xiaomi announced its entry into the car market, Apple, the tech giant of the West, took a step back: it cancelled its EV project. The two happenings might show how Chinese companies are getting more aggressive while the US companies falter on technological evolution.
21.05 / 14:29
UPS
economy
country
reports
Indian household savings may have rebounded in FY24, says Crisil
Our post-pandemic slump in household savings should disappoint but not alarm us A current account deficit occurs when the total value of goods and services a country imports exceeds the total value of goods and services it exports. "Bank deposits, which constitute the largest chunk of gross financial savings, grew 13.5% in fiscal year 2024, compared with 9.6% in the previous year. Bank deposits also grew faster than the 9.1% nominal GDP growth in fiscal 2024," the report said.
21.05 / 14:29
economy
country
information
reports
travelers
International
Destinations
India slips 10 spots since 2019 on WEF's travel & tourism ranking despite growth
Also read | For international travellers, India remains a distant destinationAccording to the report, a big dampener for India has been the steady reduction in government funding for overseas tourism promotions over the years, from ₹524 crore in 2021-22 to ₹341 crore in FY23, and further down to ₹167 crore for FY24. In contrast, substantial funds have been directed towards the development of pilgrimage destinations, with an increase of 66%, from ₹150 crore in FY23 to ₹250 crore in FY24. Despite these shifts, the overall budget for the tourism sector remains unchanged at ₹2,400 crore, the same as in FY23.
21.05 / 14:29
Citizens
country
cover
travelers
Schengen Visa fees hike: Europe trips to get costlier as European Commission hikes fee by 12%
₹8,200) It is important to know that the Schengen area covers 29 countries, including 25 European countries. The countries that are part of the Schengen area are Germany, France, Italy, Spain, Norway, Switzerland, Poland, Portugal, Romania, Luxembourg, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Greece, Latvia, Lithuania, Hungary, Malta, Netherlands, Austria, Slovenia, Slovakia, Finland, Sweden, Iceland, and Liechtenstein.
21.05 / 12:59
UPS
Virus
country
hospital
reports
India sees 324 cases of KP.1, KP.2 variant driving Covid-19 in Singapore, Maharashtra tops with 148
. Four cases of KP.1 have been reported from Maharashtra, two from Rajasthan and Gujarat, and one from Goa, Haryana, and Uttarakhand. Similarly, the INSACOG has traced nearly 290 cases of KP.2 across the country, including 148 from Maharashtra alone, the highest among the other states reporting the KP.2 cases.
21.05 / 12:57
markets
Aware
Sustainability
Remark
country
reports
Features
Green living and spacious homes continue to dominate homebuyer’s preferences
The Indian real estate sector is experiencing a remarkable surge in green building and sustainability initiatives, encompassing every corner of the nation, particularly among luxury homebuyers. With a focus on reducing greenhouse gas emissions, improving energy efficiency, and adopting renewable energy sources, the country is actively working towards a greener and more sustainable future. The new generation of discerning homebuyers encompasses HNIs, NRIs, millennials, young professionals, and retired professionals who prioritize spacious green living spaces that are highly sustainable and well-equipped with modern amenities and safety features.
21.05 / 12:57
Platform
Trade
track
country
Features
MF Investment: Now invest in zero-commission mutual funds with as low as Rs 100
PeepalCo’s latest offering Lemonn has launched Mutual Fund investment service on the app to help new investors diversify their investments. This marks a significant step towards the company’s goal of evolving into a comprehensive wealth-tech player.
21.05 / 12:33
Dreams
Election
students
Universities
country
prevention
Rishi Sunak’s visa politics has implications for Indian students
Does the political survival of Britain’s first Indian-origin prime minister call for the sacrifice of the dreams of thousands of Indian students aspiring to study in the UK and find a job there to pay off the loans they have taken to finance their education? We hope Rishi Sunak will rise above the primitive instinct to make sacrifices and instead turn fortune's grimace into a smile. Right now, Rishi Sunak’s Conservative Party is on a losing wicket in British politics. It has lost all recent by-elections and city council elections.
21.05 / 12:33
markets
COST
Art
Aware
Food
country
innovations
The booming billion-dollar business of India’s childcare products
₹15,000 on childcare products. This includes essentials like diapers, baby food, skincare products and educational toys. “I wish there were more affordable options that didn’t compromise on quality.
21.05 / 12:09
markets
UPS
Progressive
wellness
Trade
country
India’s $6 trillion derivatives frenzy has government worried
Indian equity derivatives that’s driven up volumes to the highest in the world is spurring concern among the nation’s policymakers that the frenzy may hurt efforts to harness household savings for productive purposes. Finance Minister Nirmala Sitharaman and Chief Economic Advisor V. Anantha Nageswaran sounded caution in recent days about growing retail participation in the equity futures and options market.
21.05 / 12:09
UPS
Citi
WhatsApp
country
Videos
300 trafficked Indians 'revolt' in Cambodia; most of them arrested: Andhra Pradesh Police
human trafficking racket busted here recently, Andhra Pradesh police on Tuesday said around 300 Indians 'revolted' against their handlers in Cambodia on May 20, leading to most of them being arrested in the foreign country. As many as 150 youth from the port city and its vicinity have been stuck in Cambodia for a year already, where they are being coerced to carry out cyber crime and ponzi scams by Chinese handlers, police said. Visakhapatnam Police Commissioner A Ravi Shankar noted that these trafficked Indians caused large scale riots in Jinbei and Compound, Sihanoukvile in Cambodia, which is allegedly a hub for cyber crime. «Many people called up Visakha city police whatsapp numbers and sent videos. Yesterday (Monday), around 300 Indians 'revolted' in a large scale against their handlers in Cambodia,» said Shankar in a release.
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