Country Financial News
09.04 / 03:45
markets
Waves
Food
Trade
country
International
Mentha Oil Rate Today falls 0.6% on Apr 5 2024
₹915.00. In the past 1 day, the Mentha oil rate on MCX has decline 0.6% from ₹925.70 to ₹915.00.Mentha oil is an essential oil obtained from a mint plant and India is one of the leading producers and exporters of mentha oil. Mentha oil is used in food, pharma, soaps, and other skincare/personal care products.
09.04 / 02:49
Action
Remark
Election
wellness
President
country
Congress is the "originator" of all problems faced by country: PM Modi in Maharashtra
Congress party in Maharashtra, Prime Minister Narendra Modi said that the grand old party is the «originator» of all the problems faced by the country, ranging from the issues of terrorism, naxalism to the violence in Kashmir. He further said that under Congress rule, India lagged behind other countries that gained independence at the same time. Addressing the public meeting on Monday, PM Modi said, «It is the responsibility of political parties to resolve people's issues but the Congress Party is the root of all problems in the country. Since Independence, who has been responsible for the country's partition on the basis of religion? Who was responsible for the problem in Kashmir? So many countries got independent at the same time, and went ahead. Which party was in power for the maximum time?»
09.04 / 01:53
Digital
Mobile
wellness
country
Bank holiday today: Are banks shut on April 9 for Gudi Padwa, Ugadi, Navratri, Telugu New Year, Sajibu Nongmapanba?
Karnataka (Bengaluru) Tamil Nadu (Chennai) Andhra Pradesh (Hyderabad) Telangana (Hyderabad) Manipur (Imphal) Goa (Panaji) Jammu Srinagar This is in accordance with the Reserve Bank of India's holiday calendar for banks. In addition to the Gudi Padwa, Ugadi, and other regional New Year festivals, banks will also be closed in some states later this week for Ramzan-Id (Id-Ul-Fitr) on April 11th.
09.04 / 00:57
UPS
crypto mining
wellness
Bitcoin
country
reports
Russian Government Crypto Chief: Mining Regulation Is Our Priority
The Russian government’s crypto working group chairman believes Bitcoin (BTC) mining regulation is now a priority for Moscow.
09.04 / 00:43
markets
Provident
Platform
economy
WhatsApp
Barcelona
country
play
Banks must play bigger role in rupee derivatives: RBI
derivatives and work to ensure that smaller retail players do not pay more for access to foreign exchange products, central bank governor Shaktikanta Das said Wednesday, underscoring the need for local banks to reflect the country's rising economic status and emerge as market makers. «Participation of domestic banks in derivative markets remains limited with only a small set of active market-makers… Domestic banks are dealing with market-makers in global markets rather than with end clients and are yet to emerge as market makers of note globally,» Das said at a conference of fixed income market participants in Barcelona.
08.04 / 20:39
UPS
Waters
Extreme
Southern
Experts
country
politician
Farmers in India are hit hard by extreme weather. Some say expanding natural farming is the answer
India's southern Andhra Pradesh state has become a positive example of the benefits of natural farming, a process of using organic matter as fertilizers and pesticides that makes crops more resilient to bad weather, and advocates say active government ...
08.04 / 19:35
markets
COST
Target
Booking
wellness
country
After Japan, Hudco looks to tap Singapore, Taiwan for funds
HUDCO) is looking to tap East Asian countries such as Singapore and Taiwan to raise funds this fiscal year after a similar successful exercise in Japan, chairman and managing director Sanjay Kulshrestha told ET. «Japan was the maiden attempt to raise funds via external commercial borrowing, and we have been received very well. There is a good arbitrage; we are getting funds at 6.5%-80-100 bps lesser than the domestic funds,» said Kulshreshta, noting that the company's fundraising may surpass its original aim. HUDCO was planning to raise $100 million from Japan but is confident of landing nearly double that amount. Kulshreshta, who took charge of HUDCO last year, said the company may even tap the US market after the Fed initiates rate cuts.
08.04 / 19:35
Digital
CEO
security
Yellow
Election
Celebrity
country
Gold rises to new high of Rs 71,080, denting demand
Price of the yellow metal rose 1.72% or Rs 1,198 per 10 gm from last Friday. Rising prices of precious metals come ahead of Gudi Padwa and Ugadi, the auspicious day on the Hindu calendar marking the beginning of New Year in certain parts of the country. The price surge has dampened mood among potential customers who prefer to buy gold to celebrate this auspicious day, which will fall on April 9 this year.
08.04 / 19:35
Fighting
Remark
Election
WhatsApp
President
country
Congress manifesto is to make country strong, keep it secular: Farooq Abdullah
Srinagar: National Conference president Farooq Abdullah on Monday said the manifesto of Congress was to strengthen the country and keep it secular and those thinking otherwise were already dividing the nation. Reacting to PM Modi's remarks that the «Congress manifesto is a Muslim League manifesto aimed to break the country», Abdullah told media persons, «I don't think the (Congress) manifesto is to break the country. I think the manifesto is to make the country strong and keep it secular, that is what it is. If anybody thinks otherwise, they are already dividing the nation in their own ways.» The National Conference has formed an alliance with Congress, also its INDIA bloc partner, for J&K and Ladakh ahead of the Lok Sabha elections.
08.04 / 19:09
markets
UPS
economy
country
consequences
International
Global worker migration patterns will inevitably shift
The global labour market is in the midst of a gradual but significant transformation. Driven by a dramatic collapse in birth rates, impeded globalization, changes in the capital intensity of growth, a preference shift towards fewer work hours, initial use cases of artificial intelligence (AI) and societal angst over immigration, labour market dislocations have already begun and are only about to go further out-of-whack with time. The manifestations and initial responses are different, country by country, but the meta phenomenon is a major upheaval in labour markets that will necessitate responses.
08.04 / 19:09
Booking
economy
country
social
inclusion
reports
inequality
The persistence of unequal growth will be bad for India
The World Inequality Lab (WIL) recently published a report, Income and Wealth Inequality in India 1922-2023: Rise of the Billionaire Raj. The subtitle is a nod to the name of a 2018 book by James Crabtree, then a Financial Times correspondent and considered an avid India watcher. The book described itself as a journey through India’s new gilded age and had the imprint of a journalist’s keen eye for detail and drama.
08.04 / 18:55
FIVE
Mobile
economy
WhatsApp
country
Lotus will bloom even more: Rajnath Singh on personal attacks against PM Modi
New Delhi: Taking on opposition parties for making personal attacks against PM Narendra Modi, defence minister Rajnath Singh on Monday said that more the mus they throw, more the lotus will bloom. Speaking at rallies in Tamil Nadu, Singh took on the INDIA bloc, saying that debates on the government's policies are welcome but its intentions cannot be questioned.
08.04 / 18:55
War
Anthem
Celebrity
show
country
choir
SOLIDARITY
British, French troops march in historic joint parades in London and Paris in a show of solidarity
French troops joined their British counterparts in the famous Changing of the Guard ceremony outside Buckingham Palace for the first time Monday, marching together in a display of solidarity between Britain and France amid the war in Ukraine. At a parallel ceremony in Paris, British soldiers donned tall bearskin hats to take part in an unprecedented joint military parade in front of the presidential Elysee Palace, as the French army choir sang the two national anthems, «God Save the King» and «La Marseillaise.» The twin events were to celebrate the 120th anniversary of the Entente Cordiale, the 1904 diplomatic agreement between Britain and France that paved the way for their collaboration in both World War I and World War II.
08.04 / 18:55
markets
UPS
FIVE
CEO
Platform
country
rights
India has cracked the code on drawing foreign capital: Charles Emond, CEO CDPQ
Justin Trudeau's allegations of «potential» involvement of Indian agents in the killing of Khalistani separatist Hardeep Singh Nijjar last June on Canadian soil, the boss of Canada's 2nd largest pension fund, Caisse de dépôt et placement du Québec (CDPQ), said the US and India are the only two outperforming markets in the world. Without getting drawn into the specific allegations New Delhi has rejected as «absurd» and «motivated», Charles Emond, chief executive, CDPQ, said he did not want to comment on government relations, but added «India is an important part of our APAC strategy,» during an exclusive interaction with ET. «And it remains a country where we continue to see strong potential over the long term.» He was recently in India, his first visit since he took over in 2020, just a month before Covid paralysed the world.
08.04 / 18:43
Election
community
President
show
country
Schools
Opposition pushing India towards instability: PM Modi
Ayodhya Ram temple issue to reach out to the tribal community in Chhattisgarh, alleging that the Congress opposed the consecration ceremony for appeasement politics. He also slammed the Congress on the Naxal issue at a rally in Chandrapur, Maharashtra. "Ram Navami is not very far. This time in Ayodhya our Ram Lalla will not give darshan in a tent but in a grand temple. But Congress and INDI alliance is very unhappy about this. They declined the invitation for pran pratishta. The Shahi pariwar of Congress threw out those leaders who declared this wrong. This shows Congress can cross any limit for appeasement politics," Modi said at a rally in Bastar. The PM emphasised that welfare of tribals has always been a top priority for BJP. He said a tribal is the president of India today and a record number of Eklavya schools for tribals have come up during his tenure. «Our priority has always been garib kalyan… Congress always ignored the welfare of the poor,» he said.
08.04 / 17:47
markets
Trade
country
Geopolitical tensions
Gold continues to shine for seventh session straight on geopolitical tensions; silver surges to three-year high
Why are gold and US dollar rates moving in same direction? — explained In March, China's central bank disclosed an addition of 160,000 troy ounces of gold to its reserves. Alongside, countries including Turkey, India, Kazakhstan, and various Eastern European nations have also engaged in gold purchases throughout the year. “The gold and silver market continues its relentless climb.
08.04 / 17:27
markets
CEO
security
Sustainability
country
Updates
BSE-listed firms scale past ₹400 trillion in market value
₹400 trillion in a historic milestone on Monday, with the last ₹100 trillion rolling in the shortest duration of a mere 9 months, as the country's bright macroeconomic fundamentals encouraged local and foreign investors to plough more money into equities. The 30-share BSE Sensex jumped 494.28 points, or 0.67%, to settle at 74,742.50. During the day, it climbed 621.08 points, or 0.83%, to reach a new intra-day record high of 74,869.30.
08.04 / 17:27
FIVE
Election
Actor
country
PM Modi compares Congress to 'kadwa karela', calls it 'mother of problems' during Maharashtra rally
Congress with the "kadwa karela" (bitter guard) to imply that the "Congress can never change". ALSO READ: 'Rahul Gandhi took PFI support': Smriti Irani hits out at Wayanad MP ahead of Lok Sabha Election 2024 "Kadave karele ko ghee men talen yaa shakkar men gholen, vo phir bhii kadavaa kaa kadavaa hi rahataa hai. Ye kahaavat Congress par saṭiik laaguu hoti hai. Congress kabhi nahin badal sakti, [a bitter gourd's taste never changes even if it is fried in ghee or mixed with sugar.
08.04 / 16:37
Man
Fighting
Election
country
Schools
rights
If Arvind Kejriwal joins BJP, he will be released in a day: Atishi
Arvind Kejriwal joins BJP, he will be released within a single day, Aam Aadmi Party (AAP) leader Atishi said here on Monday. The AAP national convenor is currently in judicial custody in a money laundering case linked with an alleged excise scam. «Kejriwal will never bow down. He will keep fighting for the rights of common man across the country, whether he is inside or outside the jail,» Atishi said during a road show at Duliajan under the Dibrugarh parliamentary constituency where AAP has fielded a candidate. «If Kejriwal joins the BJP like (Assam Chief Minister) Himanta Biswa Sarma, he will be released in one day,» she said.
08.04 / 15:19
UPS
Volkswagen
Election
Hyundai
country
information
Mercedes workers at an Alabama plant call for union representation vote
A majority of workers at a Mercedes-Benz plant near Tuscaloosa, Alabama, are calling for a vote to join the United Auto Workers union, which is on a drive to sign up non-union plants across the country
08.04 / 14:59
markets
MET
Cooper
Trade
country
Relationships
Yellen says US-China relationship on 'more stable footing' but more can be done to improve ties
U.S. Treasury Secretary Janet Yellen has met with Chinese Premier Li Qiang and sent a message of mutual cooperation despite the nations’ differences
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