Country Financial News
08.05 / 08:45
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trends
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Videos
Aparna Purohit quits Amazon Prime Video after 8 years, may join Aamir Khan's firm
India is one of the fastest-growing and largest markets for Prime Video. Outside the US, for the last several years, more people have signed up for Prime in India than anywhere else in the world, Hopkins had said.
08.05 / 08:37
UPS
Election
Trade
performer
country
reports
Larsen & Toubro Q4 results today: Here's what analysts expect from financials to order in flows
Larsen & Toubro Ltd ( L&T)share price that opened almost flat on Wednesday was trading volatile. While Larsen & Toubro share price gained slightly more than 1% on the upper side, Larsen & Toubro share price also had seen correction of more than 1% in morning trades indicating nervousness ahead of Q4 results. Larsen & Toubro share price has remained the favorite of investors as strong economic growth in the country is likely to drive earnings growth of behemoths as Larsen & Toubro.
08.05 / 08:37
UPS
Provident
Aviat
Progressive
Airlines
country
A 15-year tax on imported private jets might fly into the sunset
NEW DELHI : The government is considering a proposal to scrap the import duty on business jets as the tax introduced a decade-and-half ago has approached the end of its intended tenure. A tax of 2.5% is levied on private and business airplanes that are imported for so-called non-scheduled aircraft operations, while there’s no such tax on commercial jets.
08.05 / 08:01
Cooper
CEO
economy
country
travelers
International
Destinations
Gulf's version of the Schengen visa to be called 'GCC Grand Tours', open up access to six countries
Gulf Cooperation Council (GCC) has announced a new unified tourist visa called "GCC Grand Tours," allowing travelers to visit all six Gulf countries and stay for over 30 days. This initiative, unveiled by the United Arab Emirates Minister of Economy, Abdulla bin Touq Al Marri, at the Arabian Travel Mar ket (ATM), aims to boost tourism and make travel across the GCC region more convenient. The Gulf Cooperation Council, also called the Cooperation Council for the Arab States of the Gulf, includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The GCC Grand Tours visa is designed to attract a higher number of tourists by simplifying the process of visiting multiple countries in the region, similar to the European Union's Schengen visa. This new unified visa is expected to significantly contribute to the growth of the tourism sector in the Gulf and increase the number of hotel guests, ultimately establishing the region as a leading destination for regional and international tourists.
08.05 / 08:01
markets
UPS
Progressive
BlackRock
wellness
Cycling
country
Real estate demand continues to stay strong; buy strong players: Hiren Ved
«Today, you have the BlackRocks and the GICs of the world, sovereign capital which is available. High quality institutional capital is available to the real estate industry and we have RERA, so there is far more regulation, balance sheets are deleveraged, and demand is pretty strong,» says Hiren Ved, Director & CIO, Alchemy Capital. So, buy all India players, buy regional players, what should one do? No, just buy strong players. See, real estate, by and large has been a local industry. There have been few players like Godrej, etc, who have been all India.
08.05 / 07:57
country
‘People wont let Congress fulfill its wishes’, Haryana CM Nayab Saini says
₹50 lakh crore. The country's budget is ₹46 lakh crore. The country wants to ask where will he bring the money from.
08.05 / 07:57
UPS
Fighting
Remark
Diversity
country
reports
Interviews
'Unfortunate and unacceptable': Congress distances itself from Sam Pitroda's ‘racist’ remark
Also Read: ‘Disgusting’: BJP slams Sam Pitroda over his 'People in east look like Chinese, in South like Africans' remark Jairam Ramesh further added that The Indian National Congress completely dissociates itself from these analogies. "We have survived 75 years in a very happy environment where people could live together, leaving aside few fights here and there.
08.05 / 07:15
COST
economy
country
social
Equality
Destinations
‘Wealth tax could send billionaires from India to Dubai, impractical,’ says economist on Rahul Gandhi's equity proposal
wealth tax in the country. Speaking to ANI, he said such a move could drive India's wealthiest individuals to relocate their businesses to tax-friendly destinations such as Dubai. On the potential repercussions of such a tax policy, he said the wealthiest Indians, such as the Ambanis, and Adanis, might choose to emigrate to tax havens, leading to a substantial loss of wealth for the country.
08.05 / 07:15
Man
Remark
Diversity
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country
Courts
‘Disgusting’: BJP slams Sam Pitroda over his 'People in east look like Chinese, in South like Africans' remark
PM Modi asks Karnataka to ditch Congress for its ‘perverted' vote bank politics Assam Chief Minister Himanta Biswa Sarma was one of the first to react when he took to X and slammed Pitroda over his remarks and said, "Sam bhai, I am from the North East and I look like an Indian. We are a diverse country - we may look different but we are all one. Understand a little about our country!" BJP spokesperson Shehzad Poonawalla also joined in the criticism alleging that these were racist comments by a man who is the guru of Rahul Gandhi.
08.05 / 06:33
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Why vegetable prices are burning a hole in your wallet
Mint analysis showed. In those five years the annual average of the consumer price index for vegetables hardly moved — not because prices stayed calm, but because up-and-down cycles meant relative stability in yearly averages. That’s no longer the case.
08.05 / 05:31
UPS
Election
War
country
Schools
rights
If choice is between Narendra Modi & Rahul Gandhi, I have no doubt people will opt for Modi: Swaminathan Aiyar
Swaminathan Aiyar, Consulting Editor, ET Now, says “BJP may have many jewels, but Mr Modi is Koh-i-Noor. The biggest thing the BJP has going for it is Mr Modi. And at the end of it all, you can have 25 different analyses of different issues. But if the stark choice is, do you want Mr Narendra Modi or do you want Mr Rahul Gandhi? I have no doubt that people will opt for Mr Modi, whatever their other reservations are. Whether he gets an increased majority or a reduced majority is another matter. But even if the BJP loses 100 seats, they will get more parties with them and so surely Mr Modi will be back.” On inflation the prime minister has cited the Korean War during the Nehru regime and he has spoken about how inflation was the highest during Indira Gandhi's time. Up front, what do you make of this historical context that the prime minister is referencing on inflation and the impact of the war in Ukraine, which he says affects food, fertiliser and fuel prices directly? Swaminathan Aiyar: He recalls inflation back in the early 50s. It is a fact that the Korean War resulted in a shortage of all kinds of commodities, which were being used for the war effort on both sides. Because of that very steep rise in all commodity prices, there was an increase in price in India too. While it is true that there were a certain number of restrictions on imports, actually imports were pretty free in the early 50s. Therefore, there was an impact.
08.05 / 04:17
FIVE
security
Election
Death
Diversity
country
rowing
India-Canada ties: ‘Decade-old issues resurfacing with crimes’, Indian envoy amid Nijjar killing row
Canadian territory. He also emphasized that the fate of India will be determined by Indians themselves, not by foreigners. Addressing an event in Montreal on Tuesday, the Indian High Commissioner said, “Discussions are taking places at government level on both sides through diplomatic channels.
08.05 / 03:19
markets
UPS
Digital
show
country
Schools
AI boom set to fuel data centre deals in Asia this year
private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial intelligence (AI) boom fuels demand for digital infrastructure. The intense pace of deals in the world's most populous region comes as countries and companies respond to booming demand for AI, calling for more data capacity, industry executives said.
08.05 / 02:49
Election
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country
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rights
inequality
International
"British Raj-like conditions" prevailing in India under PM Modi's rule: Priyanka Gandhi
Congress leader Priyanka Gandhi said that under the reign of Prime Minister Narendra Modi, "British Raj-like conditions" are prevailing in the country, with the government policies only benefiting billionaires. «British Raj-like conditions are prevalent in the country. The policies of the Modi government are not being made keeping in mind the poor but have been made to benefit the billionaires. International reports show that today the condition of inequality in India is worse than British rule,» Priyanka Gandhi said on Tuesday while addressing Congress workers in the Rae Bareli constituency in Uttar Pradesh, where her brother and Congress leader Rahul Gandhi is contesting. «All the institutions which strengthen democracy are being weakened, be it media or Parliament. Mahatma Gandhi, Pandit Nehru had fought against the British to strengthen the rights of the people, little did they know that a day would come in independent India when the government would be bent upon depriving the people of their rights,» she added.
08.05 / 02:49
markets
UPS
economy
WhatsApp
President
country
Dollar regains momentum as yen struggles
dollar was back on the front foot on Wednesday, making modest gains after earlier losses from renewed bets on Federal Reserve rate cuts this year, while the yen eased towards the 155 per dollar level and kept intervention risks from Tokyo high. The offshore yuan further retreated from a more than three-month high hit last week, helped by hopes of further policy stimulus from Beijing to shore up its economy. It last stood at 7.2247 per dollar.
08.05 / 02:49
FIVE
Citizens
security
Election
Diversity
country
Relationships
"My concern is national security, threats emanating from land of Canada": Indian envoy to Canada Sanjay Verma
Canada, Sanjay Kumar Verma has described the relationship between the two countries as having «decade-old issues» that have resurfaced, with unfortunate crimes, and threats emanating from the land of Canada. Speaking at an event in Montreal on Tuesday, the Indian envoy said that «Indians will decide what will happen to India» and not the foreigners. «A lot of discussions at the government level, both sides, is happening and through the diplomatic channels. These channels are not open to the public and they are trying to find solutions and resolutions to the issues of concern on both sides. And the way in which it is moving, I think it will come to both sides to see the virtue of resolving the issues, satisfying the concerns of both sides. My concern is national security, and threats emanating from the land of Canada, these threats are largely emanating from the Canadian citizens...we are ready to sit down on the table any day, and we are doing that. And, we are trying to resolve this issue,» Verma told the Montreal Council on Foreign Relations.
08.05 / 02:41
07.05 / 20:39
markets
COST
UPS
Provident
country
reports
rights
Delivery issue: Why Canada Post ‘must change’ to avoid collapse
Canada Post is continuing to bleed money amid fundamental shifts in mail delivery, pushing the Crown corporation to signal that something will have to change if it wants to right the ship.
07.05 / 20:19
markets
COST
UPS
FIVE
economy
wellness
country
David Rosenberg: Tanking economy, productivity mean Bank of Canada should cut rates with or without the Fed
We find it rather incredible that the Bank of Canada is so nonchalant when it comes to the state of the Canadian economy. The degree of excess capacity is expanding by the month, inflation has swung to disinflation and the economy (in real output per-capita terms) is contracting at a two per cent annual rate. Yet the folks in Ottawa fiddle as the macro landscape burns.
07.05 / 19:31
markets
COST
wellness
performer
country
ventilators
Telecom data centres prepare to take the heat of summer months
cooling challenges at telecom data centres, a key piece of broadband communications infrastructure used for call/data routing and housing vital customer data.
07.05 / 19:31
Man
Election
WhatsApp
community
country
reports
rights
It's Modi code of conduct now: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee said on Tuesday that the Model Code of Conduct (MCC) has been transformed into the Modi Code of Conduct and if Prime Minister Narendra Modi wins and comes to power, no one will have any right in the country. People will be thrown out of the country, she said, and warned the minorities about NRC.
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