Country Financial News

Flexible workspace provider Incuspaze has leased 350,000 sq ft in Gurugram's Udyog Vihar in one of the biggest office space transactions of 2024.

₹6,597 per barrel on the multi commodity exchange (MCX). -Current inventory data shows crude oil and petroleum supplies are running 1.1 million barrel per day above forecasts in countries that are part of the Organisation For Economic Co-operation and Development, according to an analysis by energy brokerage StoneX. -Analysts said that crude traders seem to have developed a higher tolerance for geopolitical risk in the Middle East and its potential to disrupt the global oil supply.

Proposed legislation in New York could make the state in the nation the first to block gun makers from selling pistols if they don’t take measures to prevent them from being able to be converted to fire like machine guns. The bill is set to be introduced Tuesday. It was drafted in response to the growing use of the attachments, called “pistol converters" or “Glock switches," that are placed on popular semiautomatic pistols such as those made by Glock, said the bill’s sponsor, state Sen.

Sumitomo Mitsui Financial Group has invested Rs 1,300 crore in SMFG India Credit Co Limited through a rights issue, with the funds set to be used for expansion efforts in the latter’s housing finance business. The Sumitomo Mitsui Financial Group holds 100% in SMFG India Credit Co, which was formerly Fullerton India Credit Company Limited. Following the fund infusion, SMFG India Credit Co has invested Rs 150 crore in its wholly owned subsidiary SMFG India Home Finance Co. Ltd.

Investment Forum (TIIF) last week witnessed huge interests from global investors including from the Gulf leading to signing of agreements worth $26.6 billion.

Khalistani factions in Canada, India has called on the North American nation to stop providing a safe haven and political space for criminal and secessionist elements. India has also expressed concerns for the security and safety of diplomatic representatives stationed in Canada.

Mint with a rueful smile. She may be playing a huge role behind the scenes of India’s national election, the largest democratic exercise in the world, but for all that, 42-year-old Vishalakshi is a simple, unassuming person. The post-graduate in organic chemistry, who also heads the quality department of the company, is responsible for ensuring that the ink leaves an indelible mark on the voter, one that will remain for at least 72 hours.

Ashok Leyland, the group’s flagship company run for decades with strong professionals, also recently said it will launch six new LCV truck models in the next 12 months. Both the above are in the realm of possibilities and indicate potential growth trajectories for the group. The contrast between the Hinduja Group’s past and its present form is striking and multi-faceted.

heat wave that has gripped South Peninsular India is expected to ease starting today, offering some relief to the region, according to India Meteorological Department. However, a new wave of scorching heat is forecasted to sweep over Rajasthan and West Madhya Pradesh from the 8th to the 10th of May this year. On Monday, isolated areas in Tamil Nadu experienced severe heat wave conditions, while pockets of Rayalaseema, interior Karnataka, and Telangana also faced intense heat. Rayalaseema region in Andhra Pradesh has been battling heat wave conditions since April 24th, with Nandyal reporting a staggering maximum temperature of 46.0°C, making it the hottest location in the country, according to IMD.

There’s no shortage of studies, articles and papers on the deployment of public policy by government and the behavioural impact it has on citizens, so most governments say they are well advised by so-called public-policy experts when introducing new laws.

Headwinds are mounting for the Canadian dollar with the greenback on a tear and the Bank of Canada looking set to cut rates before the Federal Reserve.

Thailand has extended its visa exemption program for tourists from India and Taiwan for another six months, allowing these travelers to enter the country without a visa until November 11, 2024. The move aims to attract more foreign visitors to boost Thailand's economy, which relies heavily on tourism. According to a Bloomberg report, Prime Minister Srettha Thavisin announced the extension following a cabinet meeting on Tuesday, indicating that travelers from India and Taiwan can stay for a maximum of 30 days without a visa. This extension comes after the success of the initial waiver implemented last November. Previously, tourists from India and Taiwan were allowed to stay in Thailand for only 15 days under a visa-on-arrival scheme. By extending the exemption, Thailand hopes to encourage longer stays and more frequent visits from these countries.

Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries at the continent’s eastern half

In an interview with The Associated Press, the new head of Liberia's forest management authority, Rudolph Merab, said he would work to increase timber exports and cut regulations

A former head of the Scottish National Party is expected to be Scotland's next leader

Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding real estate industry practices

EU countries have approved a plan worth 6 billion euros ($6.45 billion) to support Western Balkan states aimed at accelerating reforms and economic growth in the region, as they seek future membership in the bloc

Also Read: S Jaishankar slams Canada for welcoming 'people with links to organised crime' after arrest of 'Nijjar killers' Following that, on May 5, during an interaction discussing his book 'Why Bharat Matters', Jaishankar asserted, “A number of people with organised crime links from Punjab have been made welcome in Canada. We have been telling Canada saying, look these are wanted criminals from India, you have given them visas." Jaishankar also said some people in Canada, with 'pro-Pakistan leanings', have organised themselves politically and taken the shape of an influential political lobby, reported ANI. Also Read: Justin Trudeau says ‘rule-of-law’ after 3 arrested for Nijjar killing, Jaishankar says ‘internal politics’ "Often, when I see for example these kinds of attacks, threats to our embassies, because they concern me very deeply and I tell the foreign minister, suppose if (they) happened to you, if it was your embassy, your diplomat, your flag, how would you react.

Hallmarking of gold jewellery became mandatory on June 16, 2021. The government then revised hallmarking signs on July 1, 2021. Further, on April 1, 2023, it said jewellers cannot sell any gold jewellery unless it has a 6-digit Hallmark Unique Identification or HUID number. Hallmarking of gold jewellery in India is done by the Bureau of Indian Standards (BIS). The certification from the BIS confirms that the gold is of a particular purity. Hallmarking of gold ensures buyers get a proportionate content of gold in a jewellery and also saves them from unscrupulous sellers. It also acts as certification of purity of gold in a piece of jewellery. As the purity of gold is certified by the BIS, one is likely to get the appropriate rate when selling the piece of gold jewellery anywhere in the country.

Indian automotive sector, Tata's 'mini SUV' Punch has taken the lead as the best-selling model in the nation, surpassing some of Maruti's well-known models such as WagonR, Swift, and Brezza, TOI said in a report on Tuesday.

S Jaishankar on Tuesday said India today is not only seen across the globe as "friendly and fair" but also as a "firm and fiery" nation that cares for its people and fends for them in crisis situations. Jaishankar made the remarks while speaking on the topic "Viksit Bharat @2047-The Voice of the Youth" at an event at the Delhi University's Hansraj college.