Country Financial News

At a time when the world is grappling with shifting global narratives and macroeconomic challenges, India is experiencing a remarkable transformation. Strong demand, resilient supply chains, relentless innovation, rapid digitization at scale, energetic entrepreneurship and a conducive policy-and-investment climate are shaping a new wave of global optimism over India. From governments across Europe and the US to power centres in the Global South, India’s name resonates in discussions on alliances and strategic partnerships.

World Atlas of Tea (2016) by Krisi Smith. It is a great book to make your acquaintance with the beverage and its origins. What I like is the practical tips on how to blend, brew and even grow tea at home.

ASEAN — will hold the next round of talks in July to review the existing free trade agreement in Jakarta, Indonesia, an official statement said on Sunday. The last round of the three-day negotiations concluded on May 9 in Putrajaya, Malaysia. The discussions for review of AITIGA (Asean-India Trade in Goods Agreement) started in May 2023 to make it more trade-facilitative and beneficial for businesses across the region, the commerce ministry said. A joint committee, which is undertaking the review work, has so far met four times.

India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022. Just a decade ago, Indian GDP was the eleventh largest in the world. Currently, India's GDP is estimated to be around USD 3.7 trillion.

Maruti Suzuki India expects its CNG car sales to rise over 30 per cent to around 6 lakh units this fiscal, according to a senior company official. The country's largest carmaker also aims to export around 3 lakh units in the ongoing financial year. «So CNG, this year, we did about 4,50,000 (units) in passenger vehicles. We are hoping to do something like 6,00,000 vehicles in FY24-25,» Maruti Suzuki India Executive Director Corporate Affairs Rahul Bharti said in an analyst call. The company sells CNG trims across various models like WagonR, Brezza, Dzire, and Ertiga, among others in the domestic market.

Prime Minister Narendra Modi’s recent comments regarding the appreciation of LIC share prices have captured widespread attention. Shareholders are rejoicing the high market value of LIC shares, anticipating favorable returns should they decide to liquidate their holdings. However, amidst this excitement, an important point is being overlooked: the purpose of life insurance extends beyond seeking short-term returns from its shares. Due to its unique nature, which differs from other investment products, the public often undervalues and misunderstands life insurance.

Akshaya Tritiya 2024: Akshaya Tritiya, a significant spring festival for the Hindu and Jain communities, is being celebrated today across the country. Buying precious assets, including gold, on this day has cultural significance. Traditionally, people have been buying physical gold on Akshaya Tritiya every year, but with each passing year especially in the wake of the arrival of new ways of gold investment, this pattern has been changing slightly.

Akshaya Tritiya is considered auspicious for buying valuable assets, including gold and silver, by Indians. Every year, the demand for gold rises ahead of Akshaya Tritiya or Akha Teej, which is celebrated across the country on the third day or ‘tritiya tithi’ of Shukla Paksha. This year, Akshaya Tritiya will be celebrated on May 10, 2024.

PM Modi stresses empowerment, infrastructure growth in pre-election interview "Having filled the gaping holes left by 60 years of Congress rule in our first term and putting India on a fast track of growth in our second term, our third term will be an era of accelerated development at a scale never seen before," Prime Minister Modi said. PM Modi interview: ‘People tired of..,’ PM claims saffron sweep in South India In the third term, the biggest theme of the BJP government would be about imparting momentum across sectors towards the realisation of making India a developed country by 20247, PM Modi said. "A lot needs to be done and will be done.

NEW DELHI : Radihika Khanijo is busy planning vacations this summer for a few uber wealthy clients to a destination that hadn’t been on her luxury travel firm’s radar ever before: South Korea. The Asian country is suddenly on the map of Indian travellers, says the founder of Welgrow Travel, and part of the reason is its easy visa process. “South Korea is seeing a big rise in travel demand from discerning travellers.

Stock markets are an enigma from which there is little escape. At times, it seems as if the S&P BSE Sensex and NSE Nifty have become synonymous with everything that is happening in the country, including events that transcend the economy. High readings of the purchasing managers’ index (PMI) are routinely interpreted as a sign that the economy is buoyant, and this leads to stock-index gains.

Ladakh military standoff entered its fifth year, External Affairs Minister S Jaishankar said India hopes for a resolution of the remaining issues with China and asserted that a return to normal bilateral ties hinges on peace and tranquillity at the border. In an exclusive interview to PTI, he said the remaining issues mainly pertained to "patrolling rights" and «patrolling abilities». Specifically asked when a resolution to the row can be expected in the backdrop of Prime Minister Narendra Modi's remarks to Newsweek magazine last month, Jaishankar said he only provided a «big picture» viewpoint on the matter. «We would hope that there is a resolution of the remaining issues out there. These issues mainly pertain to patrolling rights and patrolling abilities there,» he said.

Gautam Adani-led group's flagship firm that has interests spanning from new energy to airports and data centres, plans to spend ₹80,000 crore across businesses in the current financial year, a senior company executive said. A bulk of the capital expenditure planned for 2024-25 (April 2024 to March 2025) fiscal will be on new energy businesses and airports, said Saurabh Shah, deputy chief financial officer, at an analyst call, transcript of which was released by the company.

Only one aim 'One nation, One leader': Arvind Kejriwal hits out at PM Modi A day after his release, he visited Hanuman Mandir at Connaught Place in Delhi and held a roadshow in the national capital along with Punjab Chief Minister Bhagwant Mann. He also held a press conference at the party office in Delhi on Saturday and attacked the BJP. Arvind Kejriwal questioned the fulfilment of "Modi's guarantee" as he pointed out the possibility of PM Modi's retirement as he will turn 75 in September this year.

gold in the last one week has been -0.92% .whereas in the last month it has been 3.14%. The cost of silver is Rs.84470.0 per kg up by Rs.170.0 per kg. Gold Price Today in Delhi is ₹74103.0/10 grams.

National Testing Agency is set to conduct the first hybrid mode Common University Entrance Test-Undergraduate (CUET-UG) 2024 from Wednesday. CUET (UG) – 2024 is to be held throughout the country in 380 Cities and 26 cities outside India on 15th, 16th, 17th and 18th May 2024 in Pen and Paper mode. The National Testing Agency has already City Intimation slip for CUET (UG) — 2024. The agency is now expected to announce the admit cards/hall tickets soon.

Arvind Kejriwal over his «retirement at 75 years of age» remark on Prime Minister Modi, Uttar Pradesh Chief Minister Yogi Adityanath said that knowing their defeat in the Lok Sabha elections, desperate opposition making futile attempts. Earlier, Kejriwal claimed that PM Modi after turning 75 next year will make way for Home Minister Amit Shah and also alleged Chief Minister Yogi Adityanath will be left out in the cold after the general elections. In his post on X, CM Yogi said, «The entire propaganda of the opposition has failed in the face of the immense public support that the Prime Minister of India, Narendra Modi ji is receiving from East to West and North to South. Knowing that its defeat in the Lok Sabha elections is certain, the desperate opposition is making futile attempts to launch attack by using the excuse of Modi ji's age.»

Joe Biden threatened to pause some weapons shipments to Israel if it invaded the southern Gaza Strip city of Rafah, the devastating effects of one weapon were of particular concern to him. «Civilians have been killed in Gaza as a consequence of those bombs,» Biden said in remarks to CNN this past week. He was referring to U.S.-made 2,000-pound aerial weapons, the largest in the Pentagon's Mark 80 series of bombs.

Also Read: Eurovision 2024 final mired in controversy over Israeli participation, expulsion of Dutch contestant | 5 points The voice of thousands of pro-Palestine protesters demonstrating in Malmo reverberated on social media as several users criticised Israel's participation and its performance. Swiss singer Nemo won the contest and became the first non-binary artist to lift the trophy. However, what drew social media's attention was the significant amount of scores awarded to the Israeli contestant.

₹21,000 crore mark. We have liberated the country from legacy issues. Be it huge NPAs endangering the Indian banking system or abrogating Article 370 ushering a new era of peace in Jammu & Kashmir.

The Netherlands’ contestant in the Eurovision Song Contest was expelled from competition hours before Saturday’s final of the pan-continental pop competition, which has been rattled by protests over the participation of Israel.