Country Financial News
16.05 / 18:07
Food
wellness
Trade
country
Traffic
Indian container cargo to grow at 8% in FY25 amid Red Sea crisis: CareEdge Ratings
Red Sea crisis has led to an increase in voyage span by 15-20 days, in addition to higher freight rates," said Desai. However, the capacity liners' readiness to expand container capacity—owing to healthy profitability by chartering additional vessels, cascading capacity from other regions, and accelerating fleet renewal—bodes well for balancing the increased transit times. The impact on cargo will primarily affect food grains and other perishable items, along with freight-sensitive or low-value cargo, which is estimated at 10-15% of container volumes.
16.05 / 18:07
UPS
country
hospital
reports
Department
Courts
rights
US prisoners are being assigned dangerous jobs. But what happens if they are hurt or killed?
An Associated Press investigation into prison labor in the United States found that prisoners who are hurt or killed on the job are often being denied the rights and protections offered to other American workers
16.05 / 16:29
Action
Election
country
Swati Maliwal breaks silence on ‘assault’ incident: ‘Past few days were difficult, what happened with me…’
I have given my statement to the police on the incident that happened to me. I hope appropriate action will be taken. The past days have been very difficult for me.
16.05 / 16:29
markets
Waters
Extreme
wellness
country
reports
Department
Summer crops in trouble as scorching heat sucks up reservoir waters
NEW DELHI : Sowing of crucial summer crops as well as yields of some winter crops this year have been affected with water levels at India’s 150 major reservoirs depleting further to 25% of their total capacity, leaving farmers hoping that the forecast of a normal monsoon will bear fruit. While 33 reservoirs have 50% of normal water storage capacity, 85 reservoirs reported about 80% of normal storage, the Central Water Commission said in a bulletin on Thursday.
16.05 / 16:21
markets
Citi
Digital
Progressive
Platform
Metro
country
Now buy commercial real estate in leading metros for less than Rs 300 a day | Here’s how
Do you want to own a commercial building or an office or a warehouse in cities like Mumbai, Pune, Bengaluru or Delhi? It’s possible and that too at an investment of as low as Rs 1 lakh, which comes to less than Rs 300 a day, through the fractional ownership model.
16.05 / 16:07
Action
Election
country
social
reports
NOT
'What happened to me was very bad, BJP should not do politics': Swati Maliwal breaks her silence on assault incident
assault incident, Aam Aadmi Party (AAP) MP Swati Maliwal has given a statement to the Delhi Police. Maliwal expressed hope for appropriate action to be taken following her statement. The incident, which reportedly took place at the residence of Delhi Chief Minister Arvind Kejriwal, has caused Maliwal to describe the past few days as «very difficult.» Following her statement to the police, Maliwal took to social media to address the issue further. In a post on X, Maliwal wrote, «What happened to me was very bad. I have given my statement to the police on the incident that happened to me. I hope that appropriate action will be taken.» She also thanked those who supported her during this challenging time. Maliwal also addressed attempts to tarnish her character, stating that she hopes even those individuals find happiness. Additionally, Maliwal emphasized the ongoing Lok Sabha elections, highlighting the importance of national issues over individual incidents. She made a special request to the Bharatiya Janata Party (BJP) to refrain from politicizing the assault incident. «Important elections are going on in the country, Swati Maliwal is not important, the issues of the country are important. There is a special request to BJP people not to do politics on this incident,» she said in her post.
16.05 / 16:07
FIVE
WhatsApp
country
Investigations
Over 400 properties attached by NIA since 2019, most belonging to terrorists, Naxals
properties, including multiple bank accounts and cash worth crores, have been attached by the National Investigation Agency (NIA) across the country since 2019, most of them belonging to terrorists, Naxals, separatists and their supporters, officials said on Thursday. Of the 403 confiscated and attached properties, 206 have been attached by the Ranchi branch of the federal probe agency which is the highest, they said. The properties include multiple bank accounts and a significant amount of cash belonging to Naxals and their aides among others, spread across mainly in Bihar and Jharkhand, the officials said. A total of 100 other properties belonging to terrorists and their supporters were attached, forfeited or confiscated by the Jammu branch of the NIA, they said.
16.05 / 16:07
markets
students
Universities
country
testing
Updates
CUET-UG 2024: Revised admit cards for Delhi students out. Check direct link, steps to download and advisory here
National Testing Agency (NTA) has issued an important update regarding the CUET (UG) — 2024 examination for students taking the test in Delhi centres. Earlier, the agency postponed exams for Delhi centre on May 16, 17, and 18. The NTA has announced that updated admit cards for Delhi students are out.
16.05 / 15:39
Target
Election
country
reports
politician
A year after May 9 protests in Pakistan: A turning point in civil-military relations?
Why are the May 9 protests, which occurred in 2023, an important event with implications for civil-military relations in Pakistan? Even though the military remains the final arbiter in Pakistan to determine the course of politics, the May 9 protests have made it more difficult and challenging than ever for it to manage the guided democracy. The anguish and sentiment of people against the instrumental role of the military have raised questions about its legitimacy. The recent conference held by DG-ISPR included the agenda of reiterating the fact to PTI to apologise to primarily military and the nation for a comeback in the politics of Pakistan. Among a list of agendas, the prime was the PTI challenge in the conference to construct a narrative of PTI as an anarchical, foreign sources driven and anti-national force in Pakistan. In response, the PTI spokesperson Raoof Hassan has called it “full of contradictions, devoid of rationale”. These efforts to reestablish the military image go back to the power tussle between PTI chief Imran Khan and the military leadership in Pakistan.
16.05 / 15:39
UPS
Citi
Provident
Football
performer
country
Indian Football's quest for the next striker: Who will step up after Sunil Chhetri?
Sunil Chhetri, India's leading goal scorer, announces his retirement, Indian football is left pondering a significant question: who will fill the void left by the veteran striker? Chhetri's impact on the Indian football scene has been immense, and finding a suitable replacement is crucial for the national team's future. Chhetri's Legacy and the Search for His Successor Since 2005, when Sunil Chhetri first joined the Indian football team, the striker position has been synonymous with his name. His prolific goal-scoring ability and leadership on the field have made him a legend in Indian football. However, with his retirement looming, the spotlight shifts to the next generation of players who will step up to fill his shoes.
16.05 / 14:57
Career
Remark
performer
country
stars
Sporting
bowling
NOT
Harbhajan Singh's advice for Rohit Sharma ahead of T20 World Cup: 'Not many know, Dhoni was a very...'
Mahendra Singh Dhoni's captaincy, India lifted the last ICC title in 2013, the Champions Trophy, when they defeated hosts England in a rain-curtailed final. Under Dhoni's leadership, India clinched the 2007 and 2011 ICC Men's T20 World Cups. However, the country has not won an ICC trophy since 2013, though it did manage to reach the final of the home ODI World Cup last year and lost to Australia.
16.05 / 14:57
Citi
Strategy
Trade
country
Interviews
Relationships
International
'India to grow faster than China in coming years, attract more investment'
. “India, I think, is moving forward quickly and therefore I think has a very good chance with our brand to grow faster than China," he said. Drew said more Western companies will eventually invest in India, with the country benefitting from the West's ‘China plus one’ strategy, referring to plans to avoid investing only in China and diversify businesses into other countries. “I would also like to think that it is due to the democracy (in India) and also the availability of not only cheap but educated labour," he said in an interview.
16.05 / 13:59
Citi
security
Virus
country
outbreak
reports
Vaccines
Why has measles returned to UK? Pandemic spreads, children hit hard. Know in detail
UK Health Security Agency has confirmed an outbreak of more than 1,000 measles cases. This is more than thrice the number of cases registered in 2023. The outbreak of these many cases is in England alone.
16.05 / 13:59
Progressive
Manufacturing
awards
WhatsApp
country
Share of non-fossil fuel to grow to 50% in domestic energy generation capacity by 2030: MNRE Secy
non-fossil fuel to 50 per cent in the country's total installed electricity generation capacity by 2030, MNRE Secretary Bhupinder Singh Bhalla has said. The share of non-fossil fuel-based capacity in India's installed energy generation capacity is around 42 per cent at present, the official said in a address at the World Hydrogen Summit 2024 in Rotterdam, Netherlands, on May 15, 2024, the Ministry of New and Renewable Energy said in a statement. «Approximately 43 per cent of India's current installed electricity capacity is from non-fossil-fuel sources, with projections indicating a rise to 50 per cent by 2030,» he said. As per official figures, there was a 10.79 per cent rise in non-fossil fuel-based capacity (renewable energy sources) addition at 190.57 gigawatt (GW) in 2023-24 over 172.01 GW in 2022-23.
16.05 / 13:59
markets
UPS
economy
Election
show
country
ET Explains: What drives inward remittances?
remittances peaked till the election year and then slowed down. India has been on top of the charts of remittances from its diaspora. In 2022-23 it crossed the $100billion mark to $112 billion and a record $29 billion in the December quarter alone. But will the uptrend continue? An explainer on what drives inward remittances. What are inward remittances? They are money sent by an Indian who is residing overseas to their families back home for their daily maintenance. In India, in terms of data, it is reflected in “ private transfers” in the balance of payments and is a major source of foreign currency resources for any economy.
16.05 / 13:47
security
Sustainability
President
War
country
peace
China and Russia reaffirm ties as Moscow presses offensive in Ukraine
Russian President Vladimir Putin has thanked Chinese leader Xi Jinping for China’s proposals on ending the war in Ukraine, which have been rejected by Ukraine and its Western supporters as largely following the Kremlin’s line
16.05 / 13:33
markets
economy
wellness
track
country
reports
International
Posthaste: Canada's standard of living on track for worst decline in 40 years
Measuring a country’s growth can be contentious.
16.05 / 13:33
UPS
CEO
economy
Opinion
country
inclusion
innovations
Opinion: Capital gains tax hikes are terrible optics for Canada
By Jessica Brandon-Jepp
16.05 / 13:17
Gap
Strategy
Research
trends
show
country
reports
92% of knowledge workers in India use AI at work as compared to the global figure of 75%.
India Inc, not just IT, dangles big bucks for AI specialists. But is it all hype? Moreover, AI proficiency has emerged as a top priority in India Inc.'s hiring strategy, with 75% of employers emphasizing the importance of AI skills for new hires, surpassing the global average of 66%. Interestingly, there is a clear preference for AI skills over experience, with 80% of the leaders in India preferring less experienced candidates with AI skills over seasoned candidates lacking such skills, the study revealed.
16.05 / 13:17
country
reports
Mamata Banerjee says TMC part of INDIA day after offering ‘outside’ support: ‘It was my brainchild’
Trinamool Congress had withdrew from the INDIA bloc in West Bengal in January this year. But on Wednesday, May 15, Mamata Banerjee said her party would offer “outside" support to the Opposition INDIA bloc to help it form government at the Centre.
16.05 / 13:17
Platform
Strategy
Netflix
Research
trends
country
International
Netflix's ‘Ad-Supported’ tier surges to 40 million users, signaling strategy success
ad-supported tier comes amid fierce competition in the streaming industry, with companies increasingly offering bundles to retain subscribers. Since its launch in November 2022, Netflix's ad-supported plan has garnered significant traction, with 40 percent of all sign-ups originating from these plans in eligible countries.
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