Country Financial News
02.05 / 05:53
markets
Provident
Aware
wellness
country
reports
Vaccines
Serum Institute faces lawsuit over Covishield side-effects: ‘Deaths from blood clots,’ says father of deceased girl
The Times of India quoted the girl's father Govindan as saying. A senior member of the Covid working group of the government said, "In spite of the uncommon risk of TTS, Covishield, which was used to vaccinate 90% of India's population, has done well in India," reported ET.
02.05 / 05:25
Progressive
awards
country
Equality
Economic redistribution: Who’s afraid of progressive taxes?
₹500 crore was 19%, while those with profits of less than ₹1 crore paid an effective tax rate of 25%. The corporate tax break awarded in 2019 helped companies increase profits even though consumption and private investment hardly witnessed any acceleration.
02.05 / 04:09
02.05 / 03:51
markets
Provident
FIVE
Election
trends
Experts
country
Shankar Sharma's general election prediction: If BJP/NDA comes with expected numbers, no major market move/slightly down
In a post on X, Sharma wrote, "My satta prediction: A. If BJP/NDA comes with expected numbers, no major market move/ slightly down B. If INDIA comes, huge fall, then mind-boggling rally, because first thing, they will cut LTCG to zero, as they did in earlier reign." Sharma's post comes as Prime Minister Narendra Modi is vying for a consecutive third term.
02.05 / 03:23
markets
Nielsen
Research
community
Hawaiian
country
reports
AANHPI consumers want better brand representation, Nielsen reports
As companies around the country roll out plans to honor May as Asian American, Native Hawaiian and Pacific Islander Heritage Month, a new report out Wednesday suggests members of those communities are paying more attention than ever to representation
02.05 / 03:23
UPS
Cooper
economy
country
reports
International
Japan's Kishida will stress rules-based global order, support for emerging nations at OECD meeting
Japan’s Prime Minister Fumio Kishida says he will stress the need for a rules-based international order when he attends a meeting of the Organizations for Economic Cooperation and Development in Paris
02.05 / 02:29
Provident
Target
President
War
country
Department
US accuses Russia of using 'chemical weapon' in Ukraine
US State Department accused Russia Wednesday of having used a chemical weapon against Ukrainian forces in violation of the Chemical Weapons Convention, while also announcing fresh sanctions against Moscow. In addition to the chemical agent chloropicrin, Russia also used «riot control agents (tear gas) as a method of warfare in Ukraine, also in violation of the CWC,» the department said in a factsheet. «The use of such chemicals is not an isolated incident, and is probably driven by Russian forces' desire to dislodge Ukrainian forces from fortified positions and achieve tactical gains on the battlefield,» the State Department said.
02.05 / 02:09
UPS
economy
Election
President
stage
country
Courts
Trump blasts Biden in rare day on campaign trail
Donald Trump used a break in his hush money trial to stage back-to-back appearances in two Midwestern battleground states Wednesday — but kept his legal woes front-and-center as he accused President Joe Biden of weaponizing the courts against him. The former Republican president, who is running for a return to the White House, rallied supporters in Wisconsin and Michigan, among the most hotly contested states in his expected rematch with Democrat Biden in November.
02.05 / 02:09
Cooper
War
country
reports
Investigations
International
State comptroller calls on Netanyahu to cooperate with probe of Oct 7 failures
State Comptroller Matanyahu Englman called on the country's Prime Minister and military chief of staff to cooperate with his office's probe into the failures of October 7 in separate letters sent on Wednesday. «My public and ethical duty as the state auditor is to carry out a comprehensive audit of the biggest failure in the history of the state, the Simchat Torah massacre on October 7,» Englman wrote in a letter to Israel Defense Forces Chief of Staff Lt.-Gen. Herzi Halevi.
02.05 / 01:43
Death
Trade
War
country
exclusive
rights
On This day: Key events on May 2, from Osama bin Laden’s death to foundation of British colonial rule in India
Also Read: Weather today: IMD issues heatwave warning for THESE states, and orange alert for heavy rainfall in 5 NE states In 1611, the British East India Company received a Royal Charter from King James I. The incident marked a monopoly of the EIC over English trade with all countries east of the Cape of Good Hope, giving it exclusive rights to trade in the lucrative markets of the Indian Ocean region and beyond. With exclusive rights to trade in the area, EIC’s journey to establish its rule in India began with this charter.
01.05 / 20:59
Aware
Enterprise
Diversity
country
information
Courts
International
IRDAI nod likely soon for IIHL's buyout of Reliance Capital's three insurance arms
IRDAI) is most likely to give the go-ahead to IndusInd International Holdings Limited's acquisition of Reliance Capital's three insurance companies within a couple of weeks, said people aware of the development. The insurance regulator believes Reliance Capital is a major non-banking financial company going through bankruptcy proceedings, which need to be closed within the time frame prescribed by the court, they said. Last week, the committee of creditors had asked IndusInd International Holdings (IIHL) to conclude the process by the May 27 deadline. However, IIHL had informed lenders that without the IRDAI's approval, it would not be able to conclude the transaction. On February 27, the National Company Law Tribunal (NCLT) gave its nod to IIHL's resolution plan worth ₹9,650 crore for Reliance Capital, formerly under the control of Anil Ambani. The NCLT directed IIHL to close the deal within a 90-day period. In March, in a letter to the administrator, the IRDAI had expressed reservations regarding IIHL's takeover of Reliance Capital, particularly about IIHL's diverse shareholder structure, under which no single entity holds more than a 10% stake. The IRDAI requested in-depth information on IIHL's shareholders, including their identities, countries of incorporation, citizenship, equity percentages and details of major shareholder groups.
01.05 / 18:33
Target
Death
President
War
country
Department
New Russia sanctions target weapons development and countries assisting in sanctions evasion
new sanctions on hundreds of firms and people tied to Russia's weapons development program, more than a dozen Chinese firms accused of helping Russia find workarounds to sanctions and individuals tied to the death of Russian dissident Alexey Navalny. The sanctions imposed by the Treasury and State departments target Russia’s military-industrial base, chemical weapons programs and people and firms in third countries that help Russia acquire weapons components as its invasion of Ukraine has entered its third year. Treasury Secretary Janet Yellen said the action “will further disrupt and degrade Russia’s war efforts by going after its military industrial base and the evasion networks that help supply it." The sanctions come as the Senate gave final approval to legislation barring imports of Russian uranium, boosting U.S.
01.05 / 18:33
security
country
reports
Schools
Investigations
Delhi schools bomb scare: Cops suspect ‘joint conspiracy by China, ISI’; FIR registered
Vladimir Putin-led country. Earlier, the Delhi Police had revealed that the email used tov threaten over 100 schools in the Delhi-NCR in the early hours of Wednesday, had contained the word ‘Swaraiim’. ‘Swaraiim’ is an Arabic word used by the Islamic State, a transnational Salafi jihadist group, since 2014, said Delhi Police, adding that they used this term to spread Islamist propaganda.
01.05 / 16:49
Waves
FIVE
Waters
Election
Southern
country
Severe heatwave to continue in coming days: IMD
Mint, “With the onset of early summer, beer demand has surged across India. "However, the industry is concerned that supplies may fall short. Prolonged elections and related restrictions are disrupting supply chains all over the country.
01.05 / 15:05
Citi
CEO
FIFA
War
stage
country
Sporting
For this soccer team, every game is a road game
The miracle of Ukraine’s most dominant soccer club over the past decade isn’t so much its continued success while the country has been at war. Nor is it the team’s reconstruction after losing all of its foreign players. The real surprise for Shakhtar Donetsk, based in the Donbas region of Eastern Ukraine, is that it has kept winning despite not playing a single home game since 2014.
01.05 / 15:05
Provident
Strategy
Analysis
students
Experts
country
Interviews
5 Best IAS Coaching in Gurgaon (Rank Wise)
IAS Coaching in Delhi & Gurgaon makes the arduous exam journey streamlined for students while also helping them in maximum utilization of time. Looking for a coaching center for IAS in Gurgaon that prioritizes building a strong foundation by teaching subjects from the basics? Then, Vajirao IAS Academy should be your preferred destination. This coaching facility adopts a systematic approach to helping students with their IAS preparation.
01.05 / 14:23
01.05 / 13:57
Man
Progressive
Analysis
WhatsApp
country
cover
reports
China to launch lunar probe Chang'e-6 to collect samples from far side of moon
Chang'e-6 on Friday to collect samples from the far side of the moon. The probe is set to collect samples from the far side of the moon, making this mission the first of its kind in human history, China National Space Administration (CNSA) said in its announcement. Currently, preparations for the mission are progressing steadily at the Wenchang Space Launch Site in south China's Hainan Province, and the Long March-5 Y8 carrier rocket will soon be refuelled with propellant, the CNSA said.
01.05 / 13:57
Provident
Aviat
Research
Universities
country
information
reports
India among top 5 developing countries in aviation emissions in 2019, study finds
New Delhi: In 2019, India was among the top five economically developing countries in terms of carbon dioxide (CO2) emissions from aviation, a new research has found. Calculating «nearly real-time» aviation emissions using global flight data, researchers found that overall, the US, China and Great Britain were the topmost contributors, with 22 per cent, 14 per cent and roughly four per cent share. However, among the economically developing countries, India was found to be the third biggest contributor with close to three per cent share in global CO2 emissions from aviation, following China at 14 per cent and the United Arab Emirates (UAE) at more than three per cent. The research team at the Norwegian University of Science and Technology also found that India's share in global CO2 emissions from domestic aviation was the third highest at 1.5 per cent.
01.05 / 13:25
Provident
Digital
CEO
Trade
Crypto Exchange
country
South Africa’s Largest Crypto Exchange VALR Expands to Poland, Eyes Global Growth
VALR, the largest cryptocurrency exchange in South Africa, is set to offer its crypto asset services in Poland and is actively exploring opportunities in other jurisdictions worldwide.
01.05 / 13:11
Election
President
BABA
country
Videos
Vaccines
NOT
BJP will not remove reservations, nor will it allow Congress to do so: Amit Shah
Amit Shah on Wednesday said the Bharatiya Janata Party will never do away with reservations for Scheduled Tribes, Scheduled Castes and Other Backward Class, nor will it allow the Congress to do so. Congress' tactic was to lie repeatedly, he alleged, and advised its president Mallikarjun Kharge not to speak lies for the sake of the «family» (referring to Nehru-Gandhi family) as eventually he would be blamed for its loss in the Lok Sabha elections. Speaking at a rally at Katghora town in Chhattisgarh in support of Saroj Pandey, the BJP candidate from the Korba constituency, Shah accused Congress of nurturing terrorism and Naxalism to win elections. «Congress has one formula — speak lies loudly, publicly and keep repeating them. They say if (prime minister Narendra) Modi gets majority for the third term, he will scrap reservations. They circulated my fake video. We have been in power for ten years, Modi did not remove reservations, nor will he ever do it,» the BJP leader said. The PM used his majority in Parliament to scrap Article 370 and ban triple talaq, construct the Ram temple in Ayodhya and introduce the Citizenship (Amendment) Act, he said. «I have come to give you Modi's guarantee that as long as there is even one BJP MP in Parliament, we will neither remove the reservation for STs, SCs and OBCs, nor will we allow the Congress party to do so,» the Union minister added.
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