Country Financial News

WHEN THE COMMANDING billionaire Vlad Doronin asks you to do something, he’s not really asking. So when, during an interview at his Miami Beach mansion, the Soviet-born Doronin directs me to lie down on a table so he can demonstrate a scary-looking machine, I don’t even inquire what the device does. I just climb onto the table in my form-fitting dress and heels, and the owner of the ultra-luxury Aman hotel brand places a plastic wand on my abdomen.

UPSC CSE Result 2023 Declared: Aditya Srivastava, the topper of the UPSC Civil Services Examination 2023, hails from Lucknow and completed his schooling at City Montessori School (CMS), Aliganj branch in Lucknow. He had also topped in his 12th class by obtaining 95 per cent. He cleared the UPSC CSE 2023 with electrical engineering as an optional subject.

TEL AVIV—Israel’s military has long followed a clear policy: When enemies hit us, we strike back so hard they won’t do it again. That deterrence is no longer working. Iran, after launching a massive missile-and-drone attack on Israel over the weekend, is threatening to strike again if Israel retaliates.

Comedian Bill Maher has issued a warning to Americans who admire Canada’s “woke” policies on immigration, unemployment and health care: Simply, don’t.

The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on record, according to a new report by the industry’s trade association

Medulance, an emergency healthcare services startup, has raised $3 million in Series A funding, led by Alkemi Growth Capital. The funding round also saw participation from investors such as Dexter Capital, Boat founder Aman Gupta, and Emcure Pharmaceuticals’ executive director Namita Thapar.

Requisite sanction has been procured to prosecute NewsClick founder and Editor-in-Chief Prabir Purkayastha under anti-terror law UAPA in a case where the news portal has been accused of having received money to spread pro-China propaganda, Delhi police told a court here on Tuesday. The prosecution told Additional Sessions Judge Hardeep Kaur that the sanction documents have been filed as a part of a supplementary charge sheet in the case. The judge posted the matter for further hearing on April 30. Under the Unlawful Activities (Prevention) Act, an independent authority makes a recommendation to the competent authority (central or state government) about prosecuting an accused after reviewing the evidence gathered by the investigating agency. It is for the competent authority to decide whether or not to grant sanction.

Paytm Payment Services arm in part due to concerns about a Chinese shareholding in the parent company, according to three government officials and a document seen by Reuters. One 97 Communications, popularly known as Paytm, is already under the scrutiny of India's banking regulator and financial crime-fighting agency after the central bank ordered it to wind down its payments bank in January. The sources indicated this was another reason for the deferral.

Devendra Fadnavis on Tuesday used the analogy of a train to take a dig at the opposition INDIA bloc, saying that in Congress leader Rahul Gandhi's train, every ally considers itself to be the engine. He also hailed Prime Minister Narendra Modi, calling him the «powerful engine of development» followed by the coaches of allies, including the Shiv Sena, NCP, RPI (Athawale) and other regional parties. Fadnavis, who was campaigning for BJP candidates Ram Satpute and Ranjit Naik-Nimbalkar, said persons from all castes and religions have seats in the Mahayuti's train.

UN Security Council to make it legitimate, representative, responsive and effective is through the expansion of the its membership in both the permanent and non-permanent categories. India has been at the forefront, especially leading the Global South, demanding reforms in the United Nations and seeking a place as a permanent member of the 15-member UN Security Council. «India is in favour of the expansion of UN Security Council membership in both the permanent and non-permanent categories, as this is the only way to achieve genuine reform of the Security Council and make it legitimate, representative, responsive and effective,» Ambassador Ruchira Kamboj, India's permanent representative at the UN, said in her remarks in the General Assembly at the sixth round of the Intergovernmental Negotiations (IGN) on Security Council reform late on Monday. «In a nutshell, we need a reformed Security Council that better reflects the geographical and developmental diversity of the United Nations today. A Security Council where voices of developing countries and unrepresented regions, including Africa, Latin America and the vast majority of Asia and Pacific, also find their due place at the horseshoe table,» she said.

Congress National General Secretary Priyanka Gandhi Vadra's husband, Robert Vadra, has hinted about a political debut in the upcoming Lok Sabha elections. Stating that while he has attempted to stay away from politics he has not ruled out entering the electoral fray if the party feels he can bring about a change. If given a chance, he said he would pick Moradabad and Haryana to contest from. «I have stayed away from politics, but different political parties wanted to pull me into politics and used tactics to trouble me for being connected to the Gandhi family. I have always been treated as a political tool and a soft target or hard target whenever there is an election,» Vadra said, speaking to on Tuesday. The son-in-law of Congress Parliamentary Party Chairperson Sonia Gandhi said he felt he could give such critics a better response politically as an MP.

Samajwadi Party (SP) leader Dimple Yadav filed her nomination papers from the Mainpuri Lok Sabha seat here on Tuesday. The sitting Mainpuri MP was accompanied by SP chief and her husband Akhilesh Yadav, and senior party leaders Shivpal Singh Yadav and Ram Gopal Yadav. Talking to media persons later, the SP chief exuded confidence that Dimple Yadav would win from this seat by record votes. «Mainpuri has always made SP win by record votes and this time too it is going to make Dimple Yadav and the SP win by record votes,» he said.

President Joe Biden will begin three straight days of campaigning in Pennsylvania in his childhood hometown of Scranton

Officials say Pakistan’s prime minister has called for closer cooperation between Saudi Arabia and his cash-strapped Islamic nation to enhance Saudi investment in his country

The European Union has disbursed about $6.7 billion to Poland as a part of the 27-nation bloc’s post-pandemic recovery fund, the biggest single transfer ever to the country

German Chancellor Olaf Scholz has called for fair competition in trade relations with China while warning about dumping and overproduction while speaking to students in Shanghai on Monday

The operator of the wrecked Fukushima Daiichi nuclear power plant says it has obtained permission from safety regulators to start loading atomic fuel into a reactor at its only operable plant in Japan, which it is keen to restart for the first time sin...

Saudi Arabia’s foreign minister is leading a high-level delegation on a two-day visit to Pakistan, which is seeking help in overcoming one of its worst economic crises

mutual funds industry increased nearly Rs 14 lakh crore to a record Rs 53.40 lakh crore as of March 2024 compared with Rs 39.42 lakh crore as of March 2023, according to AMFI Mutual Fund Industry Fiscal year 2024 report. The percentage gain of over 35% was the highest since fiscal 2021 when the industry had grown 41%. The strong gain in industry assets was also replicated in the growth of investors in mutual funds, with the number of folios closing at A record high of 17.78 crore, converting into an investor base of around 4.46 crore, according to the report.

renewable energy firm GPS Renewables has raised $50 Million (Rs 411.50 Crores) in debt financing from a clutch of private and public sector banks, and non-banking financial companies including Punjab National Bank, HDFC, Yes Bank, and HSBC Bank among others. The funds will be used for its nationwide execution of compressed biogas plants. GPS Renewables provides end-to-end solutions for the development, production, and distribution of biofuels.

Honda Motor plans to launch six next-generation electric vehicle (EV) models branded Ye in China by 2027, the automaker said on Tuesday. It added that it also planned to roll out a total of 10 Honda-brand EV models in China by 2027 in the race to ensure EVs make up 100% of its automobile sales in the country by 2035. Japan's second-biggest car maker has lagged behind European and U.S. competitors such as General Motors and Volkswagen in ramping up EV sales.